June 19 – 25 Turkey Startup Ecosystem Summary

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Last week, 1 Turkish startups received investment in the entrepreneurship ecosystem. The headquarters of the startup that received investment was California.

News of the Week

🎯 Mobile gaming startup Fuse Games raised funding.

Mobile gaming studio Fuse Games, has raised $2 million. The investment round was led by NFX and Lakestar.

Transaction Type: Investment

Investment Amount: $2.000.000

Valuation: –

Investors: NFX, Lakestar

Co-founders: Akın Semih Şahan, Umut Başaran, Yavuz Topçuoğlu

Other News of the Week:

📌 Getir, which operates in the fast delivery sector, has announced that it will terminate its services in France. It is alleged that it has decided to terminate its activities due to new regulations in the country.

📌 Short and medium-term home rental management platform Missafir has opened to the Montenegrin market.

📌 Founded within YTU Yıldız Technopark, GamesUp has collaborated with three big game companies to provide support in many areas from incubation and acceleration support to human resources for game entrepreneurs. In addition to collaborations, Turkey’s first investment DAO, GFY DAO, was also introduced at the event.

📌 Bloocell, which produces the first artificial tissue technology in the world in complementary, therapeutic and personalized anatomical forms in the field of tissue engineering, went on a crowdfunding tour with a target of 16 million TL through fonbulucu.

📌 Technology and software consultancy company OBSS Teknoloji has established OBSS Ventures, a new $10 million fund to support startups.

📌 The startups selected for the first term of the Workup Gaming Entrepreneurship Program, have been announced. Within the scope of the program, Kidlab, Compactive, Hyperactive, Yuyuto, Funrika, Piagmo, Tunga Games, Pangea VR, Educational Games Academy, Mind Maze Games and Gamester will be able to benefit from the trainings.

📌 The eighth term of the Lonca Entrepreneurship Center, which was established by Kuveyt Türk in 2017, has been completed. Startups graduating from the program; Harcy, Microhobist, Pooly, Qpien, Robeff, Scoutify, and Wearintels.


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