Bangladesh Venture Capital Partnership Announcement

Dear Kambria Community, we are pleased to announce a new strategic partnership between Kambria and Bangladesh Venture Capital Limited (BVCL)!

BVCL is a venture capital firm that invests in companies with high growth potential and encourages entrepreneurs to reimagine the world with technological solutions. They help entrepreneurs at every stage of their business development and support capital requirements to drive rapid growth.

Through our partnership, BVCL and Kambria will work together to create innovation hubs, training and skilling programs, hackathons and applied research in the fields of AI, Robotics & Blockchain. We are very excited to work closely with BVCL to achieve the goals discussed in our Master Plan. Specific initiatives under this partnership include:

• Promoting inter-academia collaboration
• Expanding college and university-level education in AI, Robotics & Blockchain with ongoing training programs
• Creating innovation labs at the college and university levels
• Encouraging close collaboration between industry, academia, and government
• Enabling female entrepreneurship programs by leveraging our open innovation platform

This collaboration is also an important part of our global AI Alliance initiative. Through our Alliance, we hope to work with the governments and outstanding companies in India, Vietnam, the United States, and China to create local employment opportunities by developing curriculum based on artificial intelligence, robotics, and blockchain.

As Kambria’s CEO and Co-founder, Dr. Thuc Vu, states, “Kambria’s partnership with BVCL is a great addition to our global AI Alliance, where we are excited to connect countries at the policy and technology level. With BVCL’s help, we can further scale Kambria platform’s mission and reach in creating strong developer communities worldwide. We especially look forward to bringing our Open Innovation Hub to Bangladesh!”

BVCL is investing in new technology and young entrepreneurs of Bangladesh. BVCL believes that many economic challenges could be overcome using the right technology through a viable business model. Collaboration and sharing knowledge would be the key in this endeavor.

“We look forward to working with Kambria in the fields of AI, Robotics and Blockchain. Through Kambria’s open innovation platform, the team’s academic excellence and innovation mindset, we are confident that together we can create practical use cases for frontier technologies in the real world, and build a skilled workforce that is ready for the future.”

About Kambria
Kambria is an open innovation platform that enables and incentivizes collaborations in R&D, manufacturing, and commercializing of advanced technology. With Kambria, we are changing the dynamics of innovation through collaboration and open source, where developing strong communities is a key component.

About BVCL

BVCL aims to create an alternative investment opportunity for businesses with high-growth potential. They want to foster a healthy environment in the investment ecosystem to make funds available for potential startups in Bangladesh. BVCL gives the highest value to the potential business that offers the solution to an existing problem and also makes a positive social impact. BVCL is teaming up with leading business leaders and highly-skilled mentors and advisors. They inspire young entrepreneurs to take a risk and back them until their business becomes successful.

http://www.venture.com.bd/