Sabancı University Initiative Euronova Receives Large Investment From the Leaders of the Automotive World

Euronova Advanced Generation Sustainable Plastic Materials Company, founded by Burcu Saner Okan, faculty member of the Materials Science and Nanoengineering program, in partnership with Sabancı University Inovent, broke new ground by receiving a major investment in its field.

İmza Töreni Toplu

The investment tour made in exchange for shares in Euronova was held under the leadership of Ahu Serter, Chair of the Board of Directors of Fark Holding, which operates in the automotive sector, entrepreneur, and angel investor, was also attended by Fark Holding CEO Ömer Burhanoğlu, Farplas CEO Emin Ataç, and Farplas Executive Board Member Tolga Yalgı.

Signing Ceremony Held

Regarding the investment received by Euronova, which was founded in 2024, a ceremony was held at Sabancı University with the participation of Sabancı University Founding Chair of the Board of Trustees Güler Sabancı, Sabancı University President Prof. Dr. Yusuf Leblebici, and Fark Holding Chairman of the Board of Directors Ahu Serter. At the ceremony, Innovation and Entrepreneurship Director Ziya Alpay also gave information about the investment. Sabancı University Prof. Dr. Yusuf Leblebici and Fark Holding Chair of the Board of Directors Ahu Serter also shared their opinions about the investment with the guests and academics.

Among those who attended the signing ceremony were Fark Holding CEO Ömer Burhanoğlu, Farplas CEO Emin Ataç and Farplas Executive Board Member Tolga Yalgı, Sabancı University Secretary General Ali Çalışkan, and Sabancı University Inovent Materials Science and Nanoengineering program faculty member Burcu Saner Okan.

Regarding the signing ceremony, Sabancı University Founding Chair of the Board of Trustees Güler Sabancı said, "At Sabancı University, we have always believed in the power of creating and developing together. I believe in this success triangle consisting of the private sector, public and academia that we have implemented at our university and that it contributes a lot to the society. Today's work is also is one of the successful examples of this.” Güler Sabancı continued as follows:

“I believe that this cooperation is a beginning. As a university that attaches great importance to research, we have dreamed of many things in our establishment. The first of these was to become a world university. We are moving up the world rankings with the contributions of all of you. Secondly, in order to be sustainable, our former graduates come home as faculty members. Therefore, this is very important for the existence and continuity of knowledge. This project was one of the most important examples of financial sustainability. We are a very young university. You have a lot of work and responsibilities for the future of our university. I would like to thank Fark Holding and Fark Labs for supporting this project, as well as everyone who contributed. It makes me very happy to be here today. I wish you good luck."

İmza

In his speech at the ceremony, Sabancı University President Prof. Dr. Yusuf Leblebici said the following: “At Sabancı University, we attach great importance to university-industry collaborations. We support initiatives, innovative studies, and research from our students, faculty members, and the entire university. In this sense, the results we obtained emphasize the importance our university attaches to the subject. 17% of our full-time faculty members at Sabancı University Faculty of Engineering and Natural Sciences are active entrepreneurs and have established their own companies. This is a very high and successful rate compared to Turkey in general. As Turkey's most prominent and one of the world's leading research universities, we continue our efforts to maintain our top place in the TUBITAK Entrepreneurial and Innovative University Index every year. Within the framework of these studies, we established an innovation office for the first time among all universities in Turkey last year. We are proud to have a Chief Innovation Officer who deals exclusively with this matter. With the successful work of this office, we will continue our industrial collaborations and support of initiatives. Today, we are at the signing ceremony of the joint venture Euronova, which was established as an outcome of these studies. I believe that this new structure will be beneficial to the entire society and stakeholders, and I wish them success.”

Fark Holding Chair of the Board of Directors Ahu Serter said in her speech, “The cooperation between Sabancı University Inovent and Fark Holding is one of the best examples of industry-university collaborations. This collaboration started in 2012 with the Surgitate investment founded by Sabancı University faculty member Özge Akbulut, and continues increasingly and successfully. Our investment in Euronova demonstrates our commitment to sustainability and innovation. Euronova's material technologies add value to the industry while protecting nature. This partnership is an important step towards a more sustainable future."

Fark Holding CEO Ömer Burhanoğlu emphasized that this cooperation is very important for both parties and said: "This investment we made in Euronova is an important step taken in line with Fark Holding's strategic growth goals. This cooperation will not only mitigate environmental impacts, but also increase our competitiveness in the global market. Euronova's technological innovations will reinforce our leadership in the industry and contribute to a sustainable future. "

In her speech at the ceremony, Euronova founder and Sabancı University Faculty Member Burcu Saner Okan said, “Sabancı University Innovation and Entrepreneurship team made great contributions to approaching investors with a correct business plan during the investment process. In our university, where university-industry cooperation is always prioritized, the ideas that started as a research project with grants from TÜBİTAK have today merged with the vision of Fark Labs and become a good example of industrial transformation."

Euronova Advanced Generation Sustainable Plastic Materials Company, which has brought investment in the field of materials to Sabancı University, aims to carry out promising projects for the future with this investment support. Euronova, which aims to make a difference in the sector with its work on sustainability and innovative material production, will continue its work for a more sustainable future by reducing mitigating impacts.

In his speech at the ceremony, Sabancı University President Prof. Dr. Yusuf Leblebici said the following: “At Sabancı University, we attach great importance to university-industry collaborations. We support initiatives, innovative studies, and research from our students, faculty members, and the entire university. In this sense, the results we obtained emphasize the importance our university attaches to the subject. 17% of our full-time faculty members at Sabancı University Faculty of Engineering and Natural Sciences are active entrepreneurs and have established their own companies. This is a very high and successful rate compared to Turkey in general. As Turkey's most prominent and one of the world's leading research universities, we continue our efforts to maintain our top place in the TUBITAK Entrepreneurial and Innovative University Index every year. Within the framework of these studies, we established an innovation office for the first time among all universities in Turkey last year. We are proud to have a Chief Innovation Officer who deals exclusively with this matter. With the successful work of this office, we will continue our industrial collaborations and support of initiatives. Today, we are at the signing ceremony of the joint venture Euronova, which was established as an outcome of these studies. I believe that this new structure will be beneficial to the entire society and stakeholders, and I wish them success.”

 

Fark Holding Chair of the Board of Directors Ahu Serter said in her speech, “The cooperation between Sabancı University Inovent and Fark Holding is one of the best examples of industry-university collaborations. This collaboration started in 2012 with the Surgitate investment founded by Sabancı University faculty member Özge Akbulut, and continues increasingly and successfully. Our investment in Euronova demonstrates our commitment to sustainability and innovation. Euronova's material technologies add value to the industry while protecting nature. This partnership is an important step towards a more sustainable future."

 

Fark Holding CEO Ömer Burhanoğlu emphasized that this cooperation is very important for both parties and said: "This investment we made in Euronova is an important step taken in line with Fark Holding's strategic growth goals. This cooperation will not only mitigate environmental impacts, but also increase our competitiveness in the global market. Euronova's technological innovations will reinforce our leadership in the industry and contribute to a sustainable future. "

 

 

In her speech at the ceremony, Euronova founder and Sabancı University Faculty Member Burcu Saner Okan said, “Sabancı University Innovation and Entrepreneurship team made great contributions to approaching investors with a correct business plan during the investment process. In our university, where university-industry cooperation is always prioritized, the ideas that started as a research project with grants from TÜBİTAK have today merged with the vision of Fark Labs and become a good example of industrial transformation."

Euronova Advanced Generation Sustainable Plastic Materials Company, which has brought investment in the field of materials to Sabancı University, aims to carry out promising projects for the future with this investment support. Euronova, which aims to make a difference in the sector with its work on sustainability and innovative material production, will continue its work for a more sustainable future by reducing mitigating impacts.

 

About Euronova:

Euronova focuses on sustainability, recycling, and circular economy principles in developing advanced raw materials. The company provides scalable sustainable masterbatch and compound solutions using natural fibers, recycled short carbon fibers, and 2D additives as replacements for traditional materials used in the automotive, aerospace, and plastic industries.

https://www.linkedin.com/company/euronova-next-generation-sustainable-plastic-materials/about/

 

About Fark Labs:

Fark Labs is a global innovation and transformation center that aims to build a better future for everyone. It acts with the vision of an investment portfolio in innovation, transcending traditional incubation and investment roles. It guides every actor from startups to large-scale companies to shape a transformative future. It provides support and investment from early stage through Series A rounds, focusing on world-changing technologies and startups that support a sustainable future.

www.farklabs.com