17 – 23 April Turkey Startup Ecosystem Summary

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Last week, 2 Turkish startups received investment in the entrepreneurship ecosystem. The headquarters of the startups that received investment were distributed as Istanbul and Ankara. Turkey-based venture capital fund also also invested in a Singapore-based startup.

The vertical distribution of the startups receiving investment is as follows:

1 Marketplace

1 Cyber Security

1 Green Tech

News of the Week

🎯 E-commerce marketplace B4mar raised funding.

B4mar, an e-commerce marketplace startup that implemented within in4startup, received an investment of 1.8 million TL, with a valuation of 15 millon TL. The investment round was participated by Melih Sınırcı.

Transaction Type: Investment

Investment Amount: 1.800.000 TL

Valuation: 15.000.000 TL

Investors: Melih Sınırcı

Co-founders: Ahmet Sefa Bir, Şerafettin Özsoy 

🎯 Cyber security company Beam Technology raised funding.

Beam Technology, which performs tests and evaluations against cyber attacks in accordance with national and international standards, received an investment from the Development Fund of Turkey, founded by Development and Investment Bank of Turkey (TKYB).

Transaction Type: Investment

Investment Amount:


Investors: Development Fund of Turkey


🎯 Greentech startup SungreenH2 raised funding.

Hydrogen equipment manufacturer SunGreenH2 received an investment of $1.5 million from an investor group, including Sabancı Ventures.

Transaction Type: Investment

Investment Amount: $1.500.000


Investors: Sabancı Ventures, other investors

Co-founders: Tulika Raj, Saeid Masudy Panah

Other News of the Week:

📌 Fernvaille, which develops many Web3 games based on blockchain technology as well as RushAway and VR Okey, went on a crowdfunding tour with a target of 7.2 million TL through fonbulucu.

📌 Delivery One, a smart delivery network that offers IoT-based logistics solutions, went on a crowdfunding tour with a target of 5 million TL through fonbulucu.

📌 Turkish technology company Kare 3D is launching a crowdfunding campaign through basefunder for its projects aiming to produce industrial quality metal 3D printers.

📌 Fonprime GSYF, which was established to develop the entrepreneurial ecosystem in Turkey, is investing in cooperation with the co-working office startup Kolektif House, for the establishment of “Next Generation Entrepreneurship and Investment Centers”.

📌 Edvido, which provides the most suitable agency and software companies for the needs of brands in the field of advertising, marketing and software, has announced that it has opened to the global market.

📌 The developer company of Faladdin and Binnaz, Vision Technology, has announced their entry to the global market, with two new offices in Izmir and Dubai.

📌 Enerjisa Enerji has announced that it supports 51 projects under the scope of IVME and ITU Seed by allocating 4.2 million TL.

📌 The applications for the Patika Startup Challenge Program, organized by Pfizer Turkey Inflammation and Immunology and Hackquarters, have started. Within the scope of the program, solutions are sought in the fields of diagnostic technologies, digital health and medical devices that can improve the lives of patients with atopic dermatitis, with insights from patient associations and physicians.


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