Last week, 5 Turkish startups received investment in the entrepreneurship ecosystem. The headquarters of the startups that received investment were distributed as Istanbul. 1 venture capital investment fund was established.
Turkey-based venture capital fund also also invested in a London-based startup.
The vertical distribution of the startups receiving investment is as follows:
2 Gaming
2 Greentech
1 Accomodation
1 Data / Artificial Intelligence
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 Thursday, April 6th; It was announced that 1 portfolio company received establishment permission for 1 venture capital investment fund.
Permitted Funds:
Allbatross Portföy Yönetimi AŞ First Venture Capital Investment Fund
🎯 Mobile game developer Gleam Games raised funding.
Mobile gaming startup Gleam Games, has raised $1 million. The investment round was led by IstCapital, with participation from Ludus VC and TeraPortfoy.
Transaction Type: Investment
Investment Amount: $1.000.000
Valuation: –
Investors: IstCapital, Ludus VC, TeraPortfoy
Co-founders: Eser Yoğurtçu, Berkay Bekil, Furkan Bekil
🎯 Mobile gaming startup Paxie Games raised funding.
Mobile game developer Paxie Games, has raised $3 million. The investment round was led by Ludus Ventures, with participation from Alfa Games&Partners and several angel investors.
Transaction Type: Investment
Investment Amount: $3.000.000
Valuation: –
Investors: Ludus Ventures, Alfa Games&Partners, angel investors
Co-founders: Direnç Çelik, Hüseyin Anıl Özmen, Refik Anıl Bulut, Sare Başel
🎯 Impact startup Waste Log raised funding.
Waste Log, which makes it easier for businesses to track waste processes by digitizing, has raised $500.000 from Akbank.
Transaction Type: Investment
Investment Amount: $500.000
Valuation: –
Investors: Akbank
Co-founders: Mahir Okay Çelik, Ertuğ Sargu
🎯 Greentech startup Voltla raised funding.
Voltla, a platform that enables viewing of all electric charging stations from a single point and creating routes to the stations, has raised $500.000 from Akbank.
Transaction Type: Investment
Investment Amount: $500.000
Valuation: –
Investors: Akbank
Co-founders: Esra Gül Korkmaz, Özgür Barış, Kubilay Kulaoğlu
🎯 House rental management platform Missafir raised funding.
Short and medium-term house rental management platform Missafir, received an investment of $1.1 million in pre-Series A funding round, led by Ege Yapı Teknoloji Girişim.
Transaction Type: Investment
Investment Amount: $1.100.000
Valuation: $26.000.000
Investors: Ege Yapı Teknoloji Girişim
Co-founders: Mehmet Yüksel
🎯 Synthetic data platform Hazy raised funding.
Hazy, a synthetic data platform that reconstructs corporate data faster, easier and more securely, has raised $9 million. The investment round was led by Conviction VC, with participation from UCL Technology Fund, M12 (Microsoft), Wells Fargo, Nationwide Building Society, ACT Venture Partners, Terra VC, Evenlode, Logo Ventures, Sarus Ventures and Neva SGR.
Transaction Type: Investment
Investment Amount: $9.000.000
Valuation: –
Investors: Conviction VC, UCL Technology Fund, M12 (Microsoft), Wells Fargo, Nationwide Building Society, ACT Venture Partners, Terra VC, Evenlode, Logo Ventures, Sarus Ventures, Neva SGR
Co-founders: Harry Keen, James Arthur, Luke Robinson
Other News of the Week:
📌 BtcTurk has announced the establistment of BtcTurk Girişim to invest in companies with high growth potential that develop technology-oriented products or services. BtcTurk Group aims to channel more than 500 million TL into investment, especially in the Turkish entrepreneurship ecosystem, in the next 2-3 years through BtcTurk Girişim.
📌 Consulting company PwC has announced that it will conduct a strategic partnership with Biletinial, one of Turkey’s event ticketing platforms.
📌 Byqee, a technology startup that offers users to transform any type of bike into an electric bike in minutes with certain equipment, went on a crowdfunding tour with a target of 4.5 million TL through fonbulucu.
📌 Solar energy-based smart security system Eyes of Solar has completed its crowdfunding round on fonbulucu, with an investment of 21 million TL.
📌 Help Steps, a health app that turns steps into donations has completed its crowdfunding round on Fonangels, with an investment of 8.66 million TL.
📌 The applications for the Financial Technologies Acceleration Program, which will take place at INOVATA under the mentorship of BC Partnering and supported by Paymes, have started. The program aims to support and guide the entrepreneurship ecosystem in the field of financial technologies.
📌 The applications for the new term of PILOT, the startup acceleration program of TT Ventures, have started.
📌 The startups that accepted for the fifth term of the QNBEYOND Acceleration Program have been announced. Startups that will graduate within the scope of the 6-month program process; Exportal, Flowla, Novus, Searhbase, Udext, Videolity, WeFarm and Wope.
📌 The startups that graduated from Sabancı Holding’s innovation and technology-oriented Sabancı ARF Program, have been announced. Startups that received investment under the program; Bluit, Kiduttle, Miote, Leadport, The Clico, BPREG, Köstebek and Kozalak.
📌 The startups that are eligible to participate in the Eksim Pulse Entrepreneurship Support Program, which was organized by Eksim Holding with the support of Dicle Elektrik, have been announced.
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