UM6P Ventures and Savant Join Forces to Drive Deep-Tech Ventures Forward
Marrakech, May 30th 2024 – UM6P Ventures and Savant announce their collaboration, aimed at propelling the deep-tech venture ecosystem, that will combine UM6P Ventures’ advanced technical resources and Savant’s extensive commercial networks to foster innovation and commercialisation of cutting-edge technologies.
Through this collaboration, UM6P Ventures’ partnership role will support and advance innovative projects and initiatives, by providing startups with access to cutting-edge technologies, mentorship from leading experts, and the necessary resources to refine and scale their solutions. Savant’s partnership role will focus on utilising its extensive commercial networks and industry connections, to will facilitate the commercialisation and market integration of innovative technologies and solutions, and to support startups to accelerate market entry and adoption.
Together, these efforts will create a robust pipeline of deep-tech innovations that are not only technically advanced but also commercially viable, ensuring that groundbreaking technologies can quickly reach the market and make a tangible impact. UM6P Ventures and Savant will also provide mutual support in securing funding to scale and investment opportunities, leveraging their networks and investor relations to facilitate successful fundraising efforts.
This dual approach to strategic market entry and comprehensive fundraising support will empower startups to navigate the complexities of entering new markets and accessing the capital they need to grow, ultimately strengthening the deep-tech hardware venture ecosystem in both regions.
Driving Africa’s Deep-Tech Ecosystem Forward
The collaboration between UM6P Ventures and Savant represents a significant step forward in building a cohesive and dynamic deep-tech ecosystem across Africa. By joining forces, these two organisations are positioned to identify synergies and drive innovation, commercialisation, and market success for deep-tech ventures.
As Thaheer Mullins, Partner at Savant, puts it: “This partnership is the start of a highly impactful, technology-driven approach to solving critical issues across this continent. By leveraging industry-shifting technologies to leapfrog the stat quo, Africa will also be able to compete beyond its borders in the North as well as the global South. We look forward to growing our collaborative efforts for greater shared value.”
Yassine LAGHZIOUI, CEO of UM6P Ventures shared, “This collaboration expands our deal flow and refines our co-investment strategy, unlocking a wider range of high-potential opportunities. Our commitment to advancing deep tech in Africa underscores our dedication to driving innovation and growth across the continent.”
We look forward to the exciting innovations and market advancements that will arise from this synergy, driving the deep-tech hardware venture ecosystem forward and creating a bridge between North Africa and Southern Africa’s deep-tech landscapes.
University Mohammed VI Polytechnic (UM6P) is a Moroccan university focusing on developing solutions to specific continental and more broadly global challenges. UM6P is oriented towards education and research, with strong links to industry, business, and innovation. The university commits itself to empowering a new generation of talents that will build and lead the future of Africa.
UM6P Ventures, based in Morocco, is an innovation-driven venture capital firm affiliated with the Mohammed VI Polytechnic University (UM6P). UM6P Ventures ’s mission is to invest and build high-impact ventures by providing access to world-class research and development facilities, technical expertise, and a robust entrepreneurial ecosystem. We commend the team for its dedication to fostering innovation across various sectors, including deep-tech, to drive sustainable economic growth in North Africa and beyond.
Savant is a group of companies that is dedicated to the commercialisation and internationalisation of innovative, African, science and engineering companies. The firm has a 20-year track record spanning incubation, investment readiness acceleration, corporate investment programs and venture capital fund management.
