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AKT IP Launches $20 Million Incubator Fund

Friday, March 27, 2015 5:01:00 AM PDT | VentureDeal
   Washington, DC  --  AKT IP Ventures announced the launch of a new investment fund for IP-based businesses.

AKT IP says that it is a software "incubator that turns ideas into tangible assets."

The group is focused on the industries of mobile, multi-touch, wearables, Internet of things, big data and medical technologies.

It says that in 18 months or less its monetization model can provide a full business development lifecycle to take a typical idea to market.

AKT IP claims that it has a record of 170 successful software deployments, according to CEO Nicolas Chaillan.

The firm did not cite specific successful outcomes in its company statement.

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