As part of its long-term growth strategy focused on the new economy, Sabancı Group invested $1.5 million in the digital factory platform Supply Chain Wizard (SCW.AI) through Sabancı Ventures, the group's corporate venture capital fund.
SCW.AI, founded by Evren Özkaya in 2014, provides a supply chain and factory management platform that allows for close monitoring of production performance, workforce, and operational activities. This platform also digitizes all production processes and automates data collection, improving quality and performance in production. SCW.AI serves a total of 35 factories, including global customers such as Thermofisher, Takeda, BP, and Catalent.
Sabancı Ventures has previously invested in Thread In Motion and Lumnion, and this year invested in Zack.ai, Bulutistan, Albert Health, and Figopara. With this investment, the number of ventures in Sabancı Ventures' portfolio, which was established at the end of 2020, has increased to seven, including five this year. The total investment amount for 2022 has reached $7 million.