Iranian Launches Tech Investment Firm
Economy, Sci & Tech

Iranian Launches Tech Investment Firm

One Planet Ops Inc., a US-based hybrid firm combining operating technology companies, angel fund and a startup business incubator, has been launched in California.
Set up by Payam Zamani, an Iranian Internet entrepreneur and angel investor, One Planet Ops will operate, incubate and invest in seed stage emerging technology businesses that have a significant potential for success PR Newswire writes.
The firm already operates BuyerLink.com (formerly Reply.com), an online marketplace for the acquisition of locally-targeted consumer demand in the automotive, real estate and home improvement industries, and MerchantCircle.com, an online network of local business owners in the United States.
Zamani has founded/cofounded and run several Internet businesses, including Reply! Inc. and Autoweb, an online car buying service, which completed a successful IPO in 1999, reaching a market cap of $1.2 billion.
Within the next year, One Planet Ops plans to invest in 10-15 seed and early stage startups, continue its incubation of two companies focused on home improvement and home ownership—both expected to launch during the first half of 2016—and expects to accept three to five new companies into its incubator program.
The company has not stated whether it is accepting startups from Iran, though Iranian startups can receive foreign funding if they incorporate their business plans abroad.

Short URL : https://goo.gl/uPiqEw
  1. https://goo.gl/7X6dGY
  • https://goo.gl/ESgkQe
  • https://goo.gl/dhcgyU
  • https://goo.gl/YOPC6a
  • https://goo.gl/ttgKJy

You can also read ...

On Sunday, the rial traded at 46,130 to the dollar, up 1.8%. 
With its foreign exchange package now in full swing, the...
Telegram Raises $850m From Investors Before Planned ICO
The chat app company Telegram filed documents with the US...
Iran-Greece Trade Tops $1.5 Billion
Iran exported more than €1.26 billion worth of goods to Greece...
Ban on Contraband Cellphones in Iran Reaches LG
Following the government’s belated policy of curbing cellphone...
Iran Decision on FATF Agenda
The Financial Action Task Force–the global anti-money...
Intel Hit With  32 Lawsuits
Intel has revealed that the company is facing at least 32...
Facebook has to delete all data it has gathered on Belgian citizens.
A Belgian court threatened Facebook (FB.O) on Friday with a...
Iran and Turkey finalized the $1.4 billion currency swap agreement.
Iran has signed memoranda of understanding and protocols...