AKT IP Ventures is a software incubator that, in addition to custom development, takes charge, organizes and accelerates emerging technology. ATK IP Ventures identifies and develops companies based on IP with the greatest potential to provide returns for accredited investors and generate sustainable employment.
In the business world, an incubator is an enterprise that is set up to provide office space, equipment, and sometimes mentoring assistance and capital to new businesses that are just getting started. Business incubators are generally set up by universities and non-profit groups. Lately, we are seeing more venture capitalists getting into the arena.
Last week, on March 26, 2015, AKT IP Ventures announced that it had launched a targeted $20 million incubation investment fund. The main focus of this new fund is to finance the creation and operation of various IP-based businesses. You will notice that this fund touches and stretches into such diverse fields as mobile, multi-touch, wearables, the Internet of Things (IoT), big data and medical technology.
According to AKT IP Ventures, its IP monetization model can execute a full business development lifecycle that takes an idea from quick prototyping to product development to marketplace to exit all within a year and a half. The newly created companies will be operated and managed by AKT IP Ventures, through which it will provide development, design, marketing and if necessary sales teams.
Nicolas Chaillan, who is the CEO at AKT IP Ventures, said "Leveraging software patents, AKT IP Ventures' incubation investment fund offers a new business model and an alternative to traditional venture funds. Our focus on deep market research, practical innovation and product diversity makes us an attractive investment alternative in today's marketplace. Our innovative investment, management and operation model positions AKT IP Ventures to be a disruptive force in the traditional business incubation and investment management marketplaces."
The targeted $20 million fund will finance the creation and operation of 10 to 15 new IP-based joint ventures in all of the technology sectors mentioned above. The goal is to work with these new ventures so that they can be spun off into streamlined exits within an 18-month period.