[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
Related Companies
[]
Related Funds
[]
English
oda_MaterialEventDisclosureGeneralAbstract|
Material Event Disclosure General
oda_UpdateAnnouncementFlag|
Update Notification Flag
Hayır (No)
oda_CorrectionAnnouncementFlag|
Correction Notification Flag
Hayır (No)
oda_DateOfThePreviousNotificationAboutTheSameSubject|
Date Of The Previous Notification About The Same Subject
.
oda_DelayedAnnouncementFlag|
Postponed Notification Flag
Hayır (No)
oda_AnnouncementContentSection|
Announcement Content
oda_ExplanationSection|
Explanations
oda_ExplanationTextBlock|

Our affiliated company Alesta Elektronik Teknoloji Yatırım A.Ş. acquired a 2.5% stake in Sensgreen Ltd. on December 15, 2022, with a company valuation of USD 2,500,000 and subsequently increased its stake to 3.75% on May 6, 2024, through a convertible financing (SAFE) agreement at the same valuation. Sensgreen Ltd. has now raised a new investment of USD 165,000 under a SAFE round with a maximum (cap) valuation of USD 4,125,000 from various international investors.


This investment will be utilized to accelerate Sensgreen's sales and marketing activities, leveraging its strategic network in Europe, and to strengthen its cash flow ahead of the upcoming Series A funding round.


Operating in the Internet of Things (IoT) sector, Sensgreen develops solutions that enhance energy efficiency in buildings, monitor carbon emissions, and improve user comfort through low-power wireless sensors and an AI-powered data analytics platform.

We hereby inform our shareholders and the public.