Founder One, the venture capital investment fund that supports early-stage technology-focused impact entrepreneurs who produce solutions to make the world more livable, invested ₺2.5 million in The Hab Project, which offers sustainable and regenerative living spaces.
Founder One invests in initiatives that aim to create sustainable positive impacts for the environment and society and to achieve measurable impact goals. Accordingly, it invested ₺2.5 million in the climate technology startup The Hab Project.
With its innovative and modular wooden construction system, The Hab Project offers sustainable and regenerative living spaces and experience that respect nature, care about forward and recycling, incorporate new generation technologies, produce its own energy with renewable energy, and can be implemented in a short time.
“We will support the expansion of sustainable and holistic living spaces”
Ali Sahin, Member and General Manager of Founder One Investment Committee, said that as Founder One, they are very excited to be the first investor of the climate technology initiative The Hab Project.
“As the Turkish Entrepreneurship Foundation and Turkish Informatics Foundation, Founder One, which we established with the cooperation of Maxis Private Equity Portfolio Management, completely specific to impact investments, continues to invest in early stage startups without slowing down. In the future, we will lead the development of the ecosystem with the investments we will make in early-stage impact initiatives.”
We are very proud to receive the support of Turkiye’s first new generation impact fund.
The Hab Project founders Suha Afacan and Berkay Sesen stated that the new generation impact fund is an important milestone for the company and said, “We offer a new life experience that creates a holistic and positive impact for the coexistence of humans and nature. As a regenerative brand, we launched our first Hab Project in August 2021 and we continue to improve our ecosystem. We would like to thank all our stakeholders who have been with us in our journey to create environmentally friendly, sustainable and innovative living spaces of the future. We are proud to be one of the first investments of Founder One, the impact fund established by Turkiye’s leading institutions and investors. This investment from Founder One will help us design and deliver inspiring and healing habitats for a better world.”
Source: Egirisim / Prepared by Irem Yildiz