Weekly Startup Ecosystem Overview in Turkiye / April 22 – 28

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Last week, 2 Turkish startups received investment in the entrepreneurship ecosystem and 1 secondary transaction has been made. The headquarters of the startups that received investment were distributed as Istanbul. 2 venture capital investment fund was also established.

The vertical distribution of the startups receiving investment is as follows:

1 Customer Relationship Management

1 E-Commerce

News of the Week

Last week, 2 Venture Capital Investment Fund (GSYF) received establishment permission.

In the Turkish Capital Markets Board (CBM) newsletter published on Thursday, April 25th; It was announced that 2 portfolio company received establishment permission for 2 venture capital investment fund.

Permitted Funds:

Inveo Portföy Yönetimi AŞ First Mixed Venture Capital Investment Fund

İstanbul Portföy Yönetimi AŞ Health and Agriculture Venture Capital Investment Fund

🎯 Technology startup Leadport raised $250.000.

Leadport, which helps companies increase their sales and grow by managing potential customers coming from digital channels in the most efficient way, has raised $250.000 with 90 million TL valuation from Sabancı ARF.

Transaction Type: Investment

Valuation: 90.000.000 TL

Investors: Sabancı ARF

Co-founders: Alper Barut 

Headquarters: Istanbul

🎯 Online shopping platform Hipicon raised $1 million.

Hipicon, an online shopping platform that aims to offer a more unique and quality lifestyle to its users, has raised $1 million from Ergün Ventures, a subsidiary of Ergün Holding.

Transaction Type: Investment

Valuation: –

Investors: Ergün Ventures

Co-founders: Mertcan Özen

Headquarters: Istanbul

🛒 Pionr acquires Tahsildar.

Fintech venture builder Pionr has acquired payment solutions developer Tahsildar.

Transaction Type: Acquisition

Investors: Pionr

Co-founders:

Headquarters: Istanbul

Other News of the Week:

📌 The ninth term of Lonca Entrepreneurship Center has completed with the demoday event held on Thursday, April 25, 2024.

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