Last week, 4 Turkish startups received investment in the entrepreneurship ecosystem and 2 secondary transaction has been made. The headquarters of the startups that received investment were distributed as Istanbul and Denizli.
The vertical distribution of the startups receiving investment is as follows:
1 Software
1 Packaging / Product Design
1 Advertisement / Video
1 Personal Coaching
News of the Week
🎯 Digital solution development platform Rierino raised funding.
Rierino, a technology startup that focuses on the e-commerce sector, has raised $1.25 million from Tacirler Portföy Gelecek Etki Fonu.
Transaction Type: Investment
Investment Amount: $1.250.000
Valuation: –
Investors: Tacirler Portföy Gelecek Etki Fonu
Co-founders: Berkin Özmen, Utku Sarıöz, Mine Özmen
🎯 Packaging solutions developer THECA raised funding.
THECA, a startup that offers molded cellulosic packaging solutions, has raised €1.22 million from Mercan Kimya A.Ş.
Transaction Type: Investment
Investment Amount: €1.225.000
Valuation: –
Investors: Mercan Kimya A.Ş.
Co-founders: Dr. Engin Sarıkaya, Dr. Artunç Alptekin
🎯 Video and advertising infrastructures developer MotionWorks raised funding.
MotionWorks, a startup that provides video and advertising services for TV broadcasters, has raised $300.000 from APY Ventures Bilişim Vadisi Girişim Sermayesi Fonu.
Transaction Type: Investment
Investment Amount: $300.000
Valuation: –
Investors: APY Ventures
Co-founders: Alihan İplik, Tankut Akgül, Samet Özcan, Göktürk Tanyeri
🎯 Motivation app Mutlumesaj raised funding.
Mutlumesaj, a platform that sends personalized notifications and offers supportive texts, received an investment of 6 million TL with a valuation of 60 million TL, in crowdfunding tour through StartupBurada.
Transaction Type: Investment
Investment Amount: 6.000.000 TL
Valuation: 60.000.000 TL
Investors: 190 investors (crowdfunding tour)
Co-founders: Nur Ersan, Faik Yılmaz
🛒 Papara acquires Rebellion.
Financial technology company Papara has acquired neobank Rebellion.
Transaction Type: Acquisition
Investors: Papara
Co-founders: Sergio Cerro, Alex Sagrado
🛒 Hedef Holding acquires DORinsight.
Hedef Holding has acquired online research company DORinsight for 10 million TL.
Transaction Type: Acquisition
Investors: Hedef Holding
Co-founders: –
Other News of the Week:
📌 Nar Fon, took its place in the Capital Markets Board (CMB) list in May to start its operations by completing the integration of the Central Registry Agency (MKK) and Takasbank.
📌 The fourth term of PharmUp, the entrepreneurship program that organized by Sanofi and Endeavor to develop innovative solutions in the field of health in Turkey, has concluded.
📌 The winners of the seventh year of the İbrahim Bodur Social Entrepreneurship Program, organized by Kale Group to support the social entrepreneurship ecosystem, have been announced. Within the scope of the program, PoiLabs, SistersLab & adesso Turkey and Milu received awards.
📌 The applications for the Women Leaders of the Future Program 2023, organized by Sanofi Turkey and the Turkish Women Entrepreneurs Association (KAGIDER), with the aim of raising the leaders of the future, have started.
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