The Development Fund of Turkiye, founded by the Development and Investment Bank of Turkiye (TKYB), invested in Beam Technology, which operates in the field of cyber security.
The Development Fund of Turkiye, founded by the Development and Investment Bank of Turkiye (TKYB), invested in Beam Technology, which performs tests and evaluations against cyber attacks in accordance with national and international standards and operates as a Cyber Security Test and Evaluation Center. The investment was made from the Innovative and Advanced Technologies Fund, managed by the Development Fund of Turkiye and invested by SSTEK, the Presidency of Defense Industry Presidency of the Republic of Turkiye.
Ibrahim ,Oztop, General Manager of Turkiye Development and Investment Bank, said that they are happy to be included in Beam Technology’s global growth journeys:
“As the bank, we aim to meet the needs of companies that can contribute to our defense industry and the cyber security sector of our country, such as capital or structured finance, with the Development Fund of Turkiye and our Innovative and Advanced Technologies fund under it.
With this fund, we aim to support the growth of technology-oriented companies in our country and to contribute to the sustainable development of our country by increasing employment and exports. Beam Technology fills an important gap in the sector with its certification services and raising user awareness about cyber security threats. The Innovative and Advanced Technologies Fund will continue to contribute to the sustainable development and increase of our country’s long-term growth potential by investing in companies that can support technology-oriented growth and the effective use of resources, and which are in harmony with the goal of increasing employment and exports.”
Source: Egirisim / Prepared by Irem Yildiz