FINANCE

QT Finance has been founded to finance technological innovations in Turkey. QT Finance is a limited partner in the ACT Fund, which is a technology commercialization focused Venture Capital fund with a size of EUR 23 Million. The anchor investor of ACT is the European Investment Fund (EIF) and the investment period of the Fund is from mid-2015 to end of 2017. ACT solely invests in technologies in Technology Readiness Level 4 and onwards with global expansion potential. While ACT is generalist, specific attention will be given to the following disruptive technologies: micro and nano-electronics, internet of things, robotics, biotechnology, medical technologies, advanced materials and clean technologies.

ACT implemented its first investment in a software technology company, which offers wide range of solutions and services based on its IoT Service Platform. The platform enables access to solutions and services for diverse vertical market segments such as education, healthcare, retail, government, enterprise and more.