KfobiX is a Turkish nanotechnology startup developing micro-nano composite coatings and advanced materials. The startup announced that it has received investment. It was reported that it received a seed investment of 275 thousand dollars. KfobiX's seed investment of $ 275 thousand came from Arz Portfolio, Saves Energy and US-based Sente VC. How will KfobiX spend the seed investment it received? KfobiX General Manager Mustafa Kemal İşen made a statement.
Also See: What happened in the startup ecosystem this week?
KfobiX Focuses on Green Energy
In the first round, KfobiX received an investment of 275 thousand dollars from Arz Portföy and Saves Energy from Turkey and US-based Sente VC. It is stated that KfobiX will spend the seed investment it received for the certification, field tests and research and development activities of new products required for the product it has developed to be opened to international markets. KfobiX is a graduate of Energia's 2023 programme, an acceleration programme carried out in Canada. It is stated that it will continue its activities in international markets. The startup is focussing on green energy. It is developing a composite nano-coating product for the problem of icing on energy transmission lines.
KfobiX General Manager Mustafa Kemal İşen made a statement. He stated that they aim to play an active role in the field of energy efficiency by contributing to the elimination of existing problems in the fields of renewable energy generation and distribution. Murat Onuk, Board Member and General Manager of Arz Portföy, emphasised that the future of the energy sector will be shaped by innovation, entrepreneurship and venture capital investments. As Arz Portföy, he stated that they will continue to support impact-oriented new generation Turkish startups, especially in the energy sector.
No comments yet for this news, be the first one!...