Weekly Startup Ecosystem Overview in Turkiye / January 1 – 7

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Last week, 5 Turkish startups received investment in the entrepreneurship ecosystem. The headquarters of the startups that received investment were distributed as Gebze, California, Istanbul and Switzerland.

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

1 AR-VR & Artificial Intelligence

1 Data & Artificial Intelligence

1 Software

1 Marketing

1 Financial Technologies

News of the Week

🎯 Virtual and augmented reality technologies developer Exar raised funding with $2.4 million valuation.

Exar, which operates in the field of virtual and augmented reality technologies, has raised funding with $2.4 million valuation from Actonn VC, Soner Babüroğlu and Ozan Kozan.

Transaction Type: Investment

Valuation: $2.400.000

Investors: Actonn VC, Soner Babüroğlu, Ozan Kozan

Co-founders: Hasan Koyuncu

Headquarters: Gebze

🎯 AI-supported data analytics platform B2Metric raised $1.25 million.

AI-supported data analytics platform B2Metric, has raised $1.25 million. The investment round was led by Simya VC, with participation from Maxis Yenilikçi GSYF, Inveo Ventures, 100. Yıl Girişim Sermayesi, TT Ventures GSYF, Mindvest GSYF, Ehtaum Venture Partners, Leap Investment and Arman Erman.

Transaction Type: Investment

Valuation: –

Investors: Simya VC, Maxis Yenilikçi GSYF, Inveo Ventures, 100. Yıl Girişim Sermayesi, TT Ventures GSYF, Mindvest  GSYF, Ehtaum Venture Partners, Leap Investment, Arman Erman

Co-founders: Murat Hacıoğlu, Tuna Sönmez

Headquarters: California

🎯 Warranty processes software solutions provider egaranti raised 18 million TL.

egaranti, which digitizes the warranty documents of the products or services purchased by users, has raised 18 million TL in crowdfunding round through Startup Burada. The investment round was led by Hedef Portföy GSYF, with participation from 697 other investors. Names such as Techpoint, Emrah Sivrioğlu, Hakkı Alkan, Kerem Özten and Ozan Doğan also participated in the investment round.

Transaction Type: Investment

Valuation: –

Investors: 697 investors (Crowdfunding Round)

Co-founders: Kamil Kınacı, Sinan Peksoy, Faruk Yılmaz

Headquarters: Istanbul

🎯 Influencer marketing platform Geeklyzer raised funding with 42.5 million TL valuation.

AI-supported influencer marketing platform Geeklyzer, has raised an investment in pre-Seed funding round with 42.5 million TL valuation. The investment round was led by Burçak Güldoğan, a member of the ŞirketOrtağım Angel Investor Network.

Transaction Type: Investment

Valuation: 42.500.000 TL

Investors: Burçak Güldoğan

Co-founders: Atakan Başaran, Emre Bozkurt

Headquarters: Istanbul

🎯 Global liquidity platform arf raised funding.

ARF, which offers short-term, revolving and digital asset-based credit limits to financial institutions for cross-border payments, has raised funding from 100th Year Venture Capital Investment Fund.

Transaction Type: Investment

Valuation: –

Investors: 100th Year Venture Capital Investment Fund

Co-founders: Ali Erhat Nalbant, Ahmet Özcan, Kazım Rıfat Özyılmaz

Headquarters: Switzerland

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