Alter Ego Ventures: New investment company of Alter Ego Media to support technology startups

Alter Ego Ventures, a member of Alter Ego Media the largest group mass media in Greece, announces the launch of an ambitious investment scheme, with an initial budget of 10 million euros, which will invest in companies with a focus on technology.

The investments will be focused on newly established and existing companies that innovate and have high growth potential. Alter Ego Ventures will have, in addition to investment funds, promotion from Alter Ego Media as well as expertise in entrepreneurship.

Alter Ego Ventures will operate as a corporate investment scheme (corporate venture capital), investing in companies that present strong growth prospects and significant synergies with the company’s activity. Its aim is to diversify the portfolio of the group’s activities, access to new technologies, and enter new markets. Alter Ego Ventures will invest in companies in the form of cash equity participation, provision of bond loans (common or convertible), and provision of exposure and advertising in exchange for either media for equity or media for revenue.

With an initial capital of 10 million euros, the investment company focuses on the technology sector, prioritizing areas such as artificial intelligence and process automation, analytical data tools, and digital solutions that respond to modern market needs.

The general director of Strategy, Development & Technology of Alter Ego Media, Giorgos Saliaris-Fasseas, said:

“At Alter Ego Ventures, we believe in entrepreneurs who dare to bring about change and redefine entire industries, affecting the way people live and interact. We are dedicated to helping these ideas evolve and reach the next level. By combining the best elements of a traditional venture capital with the experience, expertise and networking of a strategic investor, Alter Ego Ventures offers unique value to entrepreneurs, companies, partner investors and the entire Alter Ego Media group.”