NEW YORK–(BUSINESS WIRE)–D. One Imaginative and prescient Administration (DOV) immediately introduced the closing of DOV Singularity Fund II, with over $50 million to speculate solely within the disruptive options that advance tech-powered future and humanity.
Ranging from its first fund, DOV devoted capital to help human-centered technological developments that make the utmost constructive impression for human society. Technological singularity is inevitable for human beings; however the shade of it may be outlined. By means of its a number of funding autos and inventive structuring experience, DOV goals to make know-how extra accessible to extra individuals whereas delivering outsized development and return for buyers within the means of constructing a brand new period. Expertise is and can proceed to be adopted quick, far and broad, nevertheless know-how shall be used as a transformative pressure for good.
David You, Founder & CEO of DOV, commented, “We’re at an inflection level. Ten years later, after we take into consideration the continuing paradigm shift, we’ll know that pandemic as a serious a part of it, has essentially modified the worldwide enterprise panorama and everybody’s life. It’s extra vital than ever for us to again corporations that would enhance the human situation globally via new know-how. With this function, final yr through the pandemic, our first Singularity Fund invested in PrinterPrezz, a quickly rising medical know-how firm leveraging 3D printing to handle the wants of the medical gadget market.
“With this new fund, we’re excited to proceed discovering, supporting and investing in trade game-changers. With a joint effort between technological singularity centered round human beings and capital with a imaginative and prescient, we may allow extra improvements that assist us all to construct a brighter future and a greater world,” continued You.
DOV will make investments its Singularity Fund II in frontier know-how corporations engaged on disruptive innovation within the areas of fresh vitality, healthcare, sustainable agtech, mobility, AI, metaverse and area tech. To form the way forward for singularity, DOV will frequently collaborate with the good entrepreneurs within the related industries who’re decided to resolve the true issues with their singular imaginative and prescient, dedication and wild-eyed ambition eager for lasting return.
About D. One Imaginative and prescient Administration
D. One Imaginative and prescient Administration (DOV) is a New York-based agency targeted on hardcore applied sciences and disruptive options. With its flagship fund, DOV Singularity Fund (DOVSF), DOV goals to create an funding ecosystem. We try to create worth by investing in nice companies the place DOV’s capital, strategic insights, world relationships and operational help can drive transformation. By leveraging the contrarian tradition and willingness to embrace complexity, we’ll determine totally different paths to worth throughout financial cycles.
For extra info, go to www.dreamonevision.com