Search
Saturday, December 10, 2022

Farside Ventures or how to bring the “distant but visible” technology of 5G, genetics or the metaverse to the present

Farside Ventures or how to bring the "distant but visible" technology of 5G, genetics or the metaverse to the present

,Farside Ventures It is not about promoting or participating in companies that make technology, but in companies that build businesses based on that technology. That’s our focus.”

a complete expression of intentions that Rafael García, CEO and Co-Founder enterprise builder Which currently wants to delve into those “distant but visible” technologies – alluding to the meaning of the name of this startup ‘factory’.

Enterprise manufacturer specializing in solutions Base Deep Tech Orientedplan to promote Hundred early stage or pre-chain one tech startups The biggest in Europe in four years.

Rafael Garcia, Ceo And Co-Founder Of Farside Ventures.

Rafael Garcia, CEO and co-founder of Farside Ventures.

It aims to “establish itself as a role model at the European level, Farside calculates how the value of its startup’s shares” between 75 and 100 million euros in 2026“, they explain to the company.

“We already have 16 companies created and This year we will end with 18, we will reach 30 in 2023, We have a machine that we’re greasing and that will allow us to get to 80 to 100 startups by 2026, it’s not crazy”, the CEO tells D+I.

[Villalobos (5G Venture): “El futuro del 5G necesita que aumentemos la transferencia de conocimiento al mercado”]

And it is that the macroeconomic context that is changing investment models in startups influences Farside, but its ‘surgical’ choice of projects allows them to face uncertainties on a global scale with more guarantees.

“Context affects, and of course some initiatives will be affected more than others, but Choice of some projects, and not others, is the key enterprise builderGarcia explains.

“There’s a lot of money, it exists, and every time Have more money in alternative investments like startups, It is true that investing in high-value companies in the US has changed; But the investment in which Farside participates is very small, and if you have some projects that are worth it, those are scaled up as well.”

Founded in 2020 by entrepreneurs Rafael García-Escher, Marc Borrell, Jordi Prieu, Oriol Rilets and Guillermo Briones, Farside seeks to act as a stimulating agent to develop disruptive technology initiatives in areas such as the market. genetics, artificial intelligence, metaverse, blockchainStability and 5G,

[La startup que aterriza el 5G en la industria española y transforma complejidad en casos de uso concretos]

The concept of farside in English means “far but visible”. This is an analogy enterprise builder seeks to shift its promoted initiatives to technology, as its business models are based on In advanced technologies that do not lose their applicability in the short or medium termDespite its futuristic features.

“We have been dealing with 5G for two years now; it can hardly be launched to its full potential here in Spain and even in Europe, but we are very clear that it is going to become a reality in the immediate future. Although, We’ve had to move more mature companies to America,

The Metaverse: “You Have to Prepare and Resist”

A similar situation occurs, according to García, with the metaverse. “This concept Technology in terms of business and as a start-up It will take time to get it going, maybe between seven and ten years.”

“The infrastructure to be able to circulate the wealth of information that they are selling to us as Metaverno is not necessary to experience; It’s not real, now there are experiences, pilots… and we’re going to spend a few years like this“, he points out.

Metaverse as a technology and start-up in terms of business will still take seven to ten years

Rafael Garcia, CEO and Co-Founder of Farside

For Rafael García, creating all the infrastructure that supports the Metaverse is “too expensive”. However, he defends that some of the techniques of this virtual universe can be applied today. And therein lies the opportunity; One who prepares now and opposes with a good strategy, will succeed. We want to be there.”

thus, enterprise builder avoid specific scope, The first verticals are 101 Ventures, 5G Ventures Builder, The Data Ventures, Fintech Ventures and Sustainability Ventures, which already have a total of 16 startups in their portfolio, including Neutron, Frontwave Imaging, Volorant, Rand Networks, B-in-G and . sample solution.

World Nation News is a digital news portal website. Which provides important and latest breaking news updates to our audience in an effective and efficient ways, like world’s top stories, entertainment, sports, technology and much more news.

Latest News

Related Stories

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    Thanks for submitting your comment!