Avanci to Continue Engagement with the Forum’s Platforms
to Help Shape the Global Agenda on Key Issues

DALLAS, Texas, October 18, 2022 – Avanci, a leader in enabling the sharing of technologies used by a wide range of products, has been invited to become part of the World Economic Forum’s Global Innovators Community.

The Global lnnovators Community is a group of the world’s most promising start-ups and scale-ups that are at the forefront of technological and business model innovation. The World Economic Forum provides the Community with a platform to engage with public and private sector leaders and to contribute new solutions to overcome current crises and build future resiliency.

Verena Kuhn, Head of the Global Innovators Community, World Economic Forum, says: “The World Economic Forum is happy to have Avanci continue its engagement with the Forum by joining our Global Innovators community. Including new, innovative voices is essential in the work we do at the Forum, and we look forward to how Avanci’s expertise will continue to add to our projects, dialogues and platforms.”

Kasim Alfalahi, founder and CEO of Avanci, says: “We are excited to continue our journey with World Economic Forum as part of its Global Innovators Community, having been recognized as a Technology Pioneer by the World Economic Forum in 2020. Our continuing vision is that sharing technology on a global scale should be simpler. We look forward to continuing to work with the Forum’s Platforms on key issues such as the Future of Mobility.”

Since being named a Technology Pioneer, the Avanci one-stop marketplace for connected vehicles has grown to more than 80 auto brands licensed to cellular patents from 52 licensors, with more than 100 million licensed vehicles on the world’s roads.

More information on the Global Innovators Community can be found here.

About the Forum:

The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. It was established in 1971 as a not-for-profit foundation and is headquartered in Geneva, Switzerland. It is independent, impartial and not tied to any special interests.


About Avanci

Avanci believes that sharing patented technology in the Internet of Things era can be simpler. As an independent intermediary working at the intersection of different industries, our one-stop solutions are designed to bring efficiency, convenience, and predictability to the licensing process. Since 2016, Avanci has been driving innovation forward by making connections through our marketplace. Companies with essential patents share their innovations with companies creating connected products for the IoT in one place, with one agreement, and for one fair, flat rate. Avanci is proud to be part of the World Economic Forum’s Global Innovators Community.



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