Last week, 8 Turkish startups received investment in the entrepreneurship ecosystem. The headquarters of the startups that received investment were distributed as Istanbul, Ankara, Amsterdam and San Francisco. 1 venture capital investment fund was also established.
The vertical distribution of the startups receiving investment is as follows:
1 Financial Technologies
1 Dental Health
1 Software
1 SaaS
1 NFT
1 Wellness
1 Gaming
1 Consulting
1 Market Place
News of the Week
Last week, 1 Venture Capital Investment Fund (GSYF) received establishment permission.
In the Turkish Capital Markets Board (CBM) bulletin published on Saturday, May 6th; It was announced that 1 portfolio company received establishment permission for 1 venture capital investment fund.
Permitted Funds:
Hedef Portföy Yönetimi AŞ Detached Private Venture Capital Investment Fund
🎯 Micro saving and investment app Yancep raised funding.
Saving and investment application Yancep, received an investment with a valuation of $5 million, led by Koçfinans, Papara, EGİAD Angels, Inveo Ventures and hiBoost. Angel investors Begüm Öztan, Emir Temizkan, Koray Bahar, Muhammet Kaya, Siret Ünsal, Yağız Gökdemir and Yakup Ekşi also participated in the investment round.
Transaction Type: Investment
Investment Amount: –
Valuation: $5.000.000
Investors: Koçfinans, Papara, EGİAD Melekleri, Inveo Ventures, hiBoost, Begüm Öztan, Emir Temizkan, Koray Bahar, Muhammet Kaya, Siret Ünsal, Yağız Gökdemir, Yakup Ekşi
Co-founders: Hilmi Kaya, Ege Ertez
🎯 Dental health startup diştedavim raised funding.
diştedavim, which operates to accelerate and facilitate the processes in the field of dental health, has raised $200.000, with a valuation of $6.5 million. The investment round was joined by Koray Bahar, İzzet Halyo, Levent Hatay, Yavuz İrtem, Mine Dedekoca, Kurthan Atmaca, Savaş Yılmazer, Kaan Boncuk, Umur Çulha, Ufuk Coşkun, Kübel Özkut, Cihan Çapan, Emek Ertener and Serhat Özer.
Transaction Type: Investment
Investment Amount: $200.000
Valuation: $6.500.000
Investors: Koray Bahar, İzzet Halyo, Levent Hatay, Yavuz İrtem, Mine Dedekoca, Kurthan Atmaca, Savaş Yılmazer, Kaan Boncuk, Umur Çulha, Ufuk Coşkun, Kübel Özkut, Cihan Çapan, Emek Ertener, Serhat Özer
Co-founders: Efe Çelebi
🎯 Digital signature and authentication platform Techsign raised funding.
Techsign, a startup that offers a digital signature and authentication platform to businesses that want to manage their customer processes remotely, received an investment with a valuation of $30 million, in pre-Series A funding round. The investment round was joined by Papara.
Transaction Type: Investment
Investment Amount: –
Valuation: $30.000.000
Investors: Papara
Co-founders: Osman Selçuk Aktepe, Abdullah Kip
🎯 NFT startup Ginoa raised funding.
Ginoa, the startup that combines artificial intelligence with NFT liquidity, received its first investment from TechOne Venture Capital, DOMiNO Ventures, Aegean Ventures and Lima Ventures.
Transaction Type: Investment
Investment Amount: –
Valuation: –
Investors: TechOne Venture Capital, DOMiNO Ventures, Aegean Ventures, Lima Ventures
Co-founders: Samet Duman, Bartu Utku, Batıkan Çetin, Erdem Akdemir
🎯 Online dietitian service Fit Brokoli raised funding.
Fit Broccoli, an online dietitian service that combines personal nutrition counseling with machine learning, has raised $400.000 from Cem Şibay’s personal investment company.
Transaction Type: Investment
Investment Amount: –
Valuation: –
Investors: Cem Şibay
Co-founders: Oğuz Kaan Aslanalp
🎯 Attribution and analytics tool HockeyStack raised funding.
HockeyStack, which enables B2B companies to optimize their sales and marketing activities, received an investment of $500.000 by qualifying to participate in Y Combinator‘s acceleration program.
Transaction Type: Investment
Investment Amount: $500.000
Valuation: –
Investors: Y Combinator
Co-founders: Buğra Gündüz, Emir Atlı, Arda Bulut
🎯 Mobile gaming startup Frantic Games raised funding.
Frantic Games, which develops mobile games, has raised $2.4 million in pre-Seed funding round, led by vgames. 500 Emerging Europe and Akın Babayiğit also participated in the investment round.
Transaction Type: Investment
Investment Amount: $2.400.000
Valuation: –
Investors: vgames, 500 Emerging, Akın Babayiğit
Co-founders: Kürşad Can Mutlu, Ali Dal, Anıl Duyal Baydır, Alican Sayan
🎯 Consulting service platform Linktera raised funding.
Linktera, which provides digital transformation and consultancy services to finance, banking, media, transportation, logistics, e-commerce and the public, has raised 100 million TL from Letven Capital.
Transaction Type: Investment
Investment Amount: 100.000.000 TL
Valuation: –
Investors: Letven Capital
Co-founders: –
🎯 Caravan rental startup KolayKaravan raised funding.
EasyKaravan, which brings caravan owners and those who want to have a caravan experience in one place, received an investment with a valuation of $2.5 million, in Seed funding round. The investment round was participated by a group of investors, including İTÜ ARI Teknokent.
Transaction Type: Investment
Investment Amount: –
Valuation: $2.500.000
Investors: İTÜ ARI Teknokent, other investors
Co-founders: Çağlar Bilici
Other News of the Week:
📌 Saffron production startup SAFFON-A, went on a crowdfunding tour with a target of 15 million TL through fonbulucu.
📌 Music-oriented friend-making platform Meet The Music, has completed its crowdfunding round on Startup Burada, with an investment of 3.4 million TL.
📌 The list of Sifted Europe Female Angel Investors, prepared by Sifted and which determines the most active female angel investors in Europe, has been announced.
📌 The Slash Ventures Web3 venture capital platform was established to invest in startups in the web3 and blockchain space.
📌 DenizBank’s new generation subsidiary NEOHUB has established a joint venture company, NEO Elektronik A.Ş., to develop fintech products in the field of Supplier Finance System, with Fund Radar, a cash management optimization startup.
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