Last week, 4 Turkish startups received investment in the entrepreneurship ecosystem. The headquarters of the startups that received investment were distributed as Istanbul, London and Ankara. 3 venture capital investment fund was established.
A US-based startup, which Turkish entrepreneurs was among the founders, also received investment.
The vertical distribution of the startups receiving investment is as follows:
1 Cloud Kitchen
1 Energy Management
1 Artificial Intelligence
1 Educational Technologies
News of the Week
🟥 StartupCentrum H1’23 Turkish Startup Ecosystem Investment Report has been published.
In the first half of the year, 164 investment rounds took place, with 162 startups receiving a total investment of $218 million. While the majority of these investments were below $1 million, investments ranging from $1 million to $10 million caught up with the previous year.
To view the details of the report 👉 startupcentrum.com
Last week, 3 Venture Capital Investment Fund (GSYF) received establishment permission.
In the Turkish Capital Markets Board (CBM) bulletin published on Thursday, July 13th; It was announced that 1 portfolio company received establishment permission for 3 venture capital investment fund.
Permitted Funds:
Maxis Girişim Sermayesi Portföy Yönetimi AŞ 100th Anniversary Venture Capital Investment Fund
Maxis Girişim Sermayesi Portföy Yönetimi AŞ Maxis Venture Capital Investment Fund
Maxis Girişim Sermayesi Portföy Yönetimi AŞ TSKB Venture Capital Investment Fund
🎯 Cloud kitchen startup Rafinera Cloud Kitchen raised funding.
Rafinera Cloud Kitchen, a startup that operates in the field of cloud kitchen, has completed the first part of its second investment round with an investment of 550.000 dollars. The investment round was joined by names such as Nevzat Aydın, Emre Karaca and Damla Şener Akkaynak.
Transaction Type: Investment
Investment Amount: $550.000
Valuation: –
Investors: Nevzat Aydın, Emre Karaca, Damla Şener Akkaynak
Co-founders: – (Rafinera)
🎯 Digital energy management platform SmartPulse raised funding.
SmartPulse, a cloud-based B2B service for short-term electricity trading and management, received an investment with a valuation of $18 million from Toshiba’s energy branch, Energy Systems & Solution Corporation.
Transaction Type: Investment
Investment Amount: –
Valuation: $18.000.000
Investors: Toshiba
Co-founders: Ozan Korkmaz, Uygar Yörük, Kerem Topuz, Önder Akar
🎯 Customer interaction platform Segmentify raised funding.
Segmentfiy, an ai-powered customer engagement platform that provides insights into customers, received an investment from Yapı Kredi Portföy Yönetimi A.Ş. Koç Group Companies First Private Venture Capital Investment Fund and Sabancı Ventures.
Transaction Type: Investment
Investment Amount: –
Valuation: –
Investors: Yapı Kredi Portföy Yönetimi A.Ş. Koç Group Companies First Private Venture Capital Investment Fund, Sabancı Ventures
Co-founders: Ergin Eroğlu, Murat Soysal
🎯 Educational technologies developers Pusula raised funding.
Pusula, which offers curriculum-based education and book content in different formats in a metaverse environment with the support of artificial intelligence, received an investment with a valuation of 46.96 million TL from Alesta Yatırım.
Transaction Type: Investment
Investment Amount: –
Valuation: 46.960.000 TL
Investors: Alesta Yatırım
Co-founders: Mehmet Arslantunalı
🎯 Financial management platform Collective raised funding.
Collective, which provides financial solutions for freelancers, has raised $50 million in Series B funding round. The investment round was co-led by Gradient Ventures, The General Partnership, QED Investors, Expa, Better Tomorrow Ventures and Innovius Capital.
Transaction Type: Investment
Investment Amount: $50.000.000
Valuation: –
Investors: Gradient Ventures, The General Partnership, QED Investors, Expa, Better Tomorrow Ventures, Innovius Capital
Co-founders: Buğra Akçay, Uğur Kaner, Hooman Radfar
Other News of the Week:
📌 Melo App, a platform that brings beauty services to homes, went on a crowdfunding tour with a target of 3.5 million TL through fonbulucu.
📌 Mobility startup Martı is listed on the New York stock exchange.
📌 Entertech Istanbul Technokent has opened an incubation center called Gamenter for gaming startups.
📌 Yapı Kredi Fast FRWRD Acceleration Program Demo Day event, organized by Yapı Kredi to support the innovation culture and entrepreneurship ecosystem, was held. Startups presenting under the program are: Apollo IoT, Tamliyo, PeerBie, Jobtogo, Kuasar Video, Mycros, Bakiyem, Artifica.io, OneNewOne, egaranti, Radaar.io, JetScoring, MobileKasa (ManageCash), Shipicons and Rototip.
📌 The applications for the 5th application period of the iyzico Women Entrepreneur Support Program, organized by iyzico within the scope of supporting economic growth and empowering women in the business world, have started.
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