Last week, 4 Turkish startups received investment in the entrepreneurship ecosystem and 2 startup purchase has been made. The headquarters of the startups that received investment were distributed as Istanbul, Izmır and Delaware. 3 venture capital investment fund was also established.
The vertical distribution of the startups receiving investment is as follows:
1 Decentralized Finance (DeFi)
1 Financial Technologies
1 Cyber Security
1 Software
News of the Week
Last week, 3 Venture Capital Investment Fund (GSYF) received establishment permission.
In the Turkish Capital Markets Board (CBM) bulletin published on Thursday, Marh 9; It was announced that 3 portfolio company received establishment permission for 3 venture capital investment fund.
Permitted Funds:
İstanbul Portföy Yönetimi AŞ Mediterra 3 Venture Capital Investment Fund
Maqasid Gayrimenkul ve Girişim Sermayesi Portföy Yönetimi AŞ Fonprime Gelecek Venture Capital Investment Fund
Re-Pie Portföy Yönetimi AŞ Webrazzi Web3 Venture Capital Investment Fund
🎯 Decentralized finance startup Defy raised funding.
Defy, a startup that provides end-to-end infrastructure and security services to companies for their Web3 needs, has raised funding from Alesta Yatırım.
Transaction Type: Investment
Investment Amount: –
Valuation: –
Investors: Alesta Yatırım
Co-founders: Suat Ozkan, Hasret Özkan
🎯 Digital wallet app Puan Harca raised funding.
Puan Harca, a platform that offers consumers to track and spend their accumulated points on different debit cards through a single application, received an investment with a valuation of $1 million from iWallet.
Transaction Type: Investment
Investment Amount: –
Valuation: $1.000.000
Investors: iWallet
Co-founders: Ertuğrul Güler, Soner Kavlak
🎯 Cyber security startup SOCRadar raised funding.
Cyber threat early warning system SOCRadar, received an investment in Series A funding round from 212.
Transaction Type: Investment
Investment Amount: –
Valuation: –
Investors: 212
Co-founders: Huzeyfe Önal, Ahmet Kuruköse
🎯 Customer experience platform Cloud4Feed raised funding.
Artificial intelligence-based customer and employee experience platform Cloud4Feed has completed its first investment round. The investment round was attended by APY Ventures and hiVC.
Transaction Type: Investment
Investment Amount: –
Valuation: –
Investors: APY Ventures, hiVC
Co-founders: Cef Tovil
🛒 Education platform eduMe acquires Playbook.
UK-based education platform eduMe has acquired Playbook, a learning platform that develops the TikTok for Learning format.
Transaction Type: Acquisition
Investors: eduMe
Co-founders: Can Özinci
🛒 BtcTurk acquires the customer support platform Infoset.
Turkey’s crypto money company BtcTurk has acquired the platform Infoseti, which offers companies to manage their support and sales channels from a single place.
Transaction Type: Acquisition
Investors: BtcTurk
Co-founders: Samed Düzçay, Sercan Düzçay, Benoit L’Huissier
Other News of the Week:
📌 MilkApp, a startup that aims to make sustainable milk by monitoring the quality of milk and dairy products obtained in the geography of Turkey from end to end, went on a crowdfunding round with a target of 1.6 million TL through fonbulucu.
📌 Newky, which makes biometric-based multi-factor verification, has signed a strategic cooperation agreement with Lojipark to produce security solutions for the logistics industry.
📌 Mastercard has launched the Fintech Express program to support fintechs who want to add card payments to their products.
📌 10 deep technology startups that will take the stage at the Cube Demoday’23 event have been announced. The startups to take part in the event; Arvis, Bugbounter, Corne.ai, Co Print, Diattack, Jetlink, Medroco, Techbros, Unicode and MDnutriacademy.
📌 The 6th Boğaziçi Business Challenge Applications, which were held this year, have started. Vodafone will be this year’s simulation supporter of the event.
StartupCentrum
Find the best startup jobs or launch your future unicorn company, meet the best talents and startups, and get in contact with international accelerators and investors to grow!
For more information startupcentrum.com
To take part in the StartupCentrum Entrepreneurship Ecosystem Summary of Turkey or MENA series and to be our supporter: [email protected]