5G Ventures SA

Growthfund established 5G Ventures to manage the “Phaistos” fund’s reserves, which are intended to support innovative companies in the technology sector. The Phaistos Investment Fund is an innovative initiative focusing on the development of technology investment opportunities in 4^th industrial revolution sectors benefiting/assisted by 5G and related technologies.

So far 5G Ventures has announced seven investments in companies, attracting also foreign cutting-edge technology companies to invest in Greece. The portfolio so far consists of Matternet and OQ Technology, Pandas Holdings, SafeSize, EdgeQ, Movandi, and WINGS ICT.

• Management of the PHAISTOS investment fund to attract foreign investments
• The Fund focuses on products and services being developed and supported by new 5G networks
• Has a portfolio of investments in 10 companies
• Investments with a positive impact on the Greek digital technology market
• Extensive network of collaborations, with the participation of university research & development centers, incubators of private sector technology companies and international organizations