Weekly Startup Ecosystem Overview in Turkiye / January 8 – 14

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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.

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

1 Health Care

1 Gaming

News of the Week

🎯 Health and hygiene technologies startup ERG Controls raised $500.000.

ERG Controls, which digitalizes hand hygiene monitoring in hospitals and food facilities, has raised $500.000 in Seed funding round TechOne VC, 100th Year Venture Capital, Etki Yatırım Fonu Founder One, Startup Wise Guys, Galata Business Angels’tan Bülent Çelebi, TRAngels Investment Network members and Koray Kurhan.

Transaction Type: Investment

Valuation:

Investors: TechOne VC, 100th Year Venture Capital, Etki Yatırım Fonu Founder One, Startup Wise Guys, Galata Business Angels’tan Bülent Çelebi, TRAngels Investment Network members, Koray Kurhan

Co-founders: Batuhan Ergör, Mehmet Ergör

Headquarters: Istanbul

🎯 Gaming studio Lokum Games raised funding.

Shooter games developer Lokum Games, has raised funding from Boğaziçi Ventures and APY Ventures.

Transaction Type: Investment

Valuation:

Investors: Boğaziçi Ventures, APY Ventures

Co-founders: Genco Alp

Headquarters: Istanbul

🛒 Kolay İK acquires Peopleoma.

Human resources platform Kolay İK acquired human resources analytics solution Peopleoma.

Transaction Type: Acquisition

Investors: Kolay İK

Co-founders:

Headquarters: Istanbul

Other News of the Week:

📌 The applications for Genç MÜSİAD Entrepreneurship Center, established within Genç MÜSİAD, have started.

📌 50 Turkish technology startups, who earned the opportunity to participate in the CES Fair organized in Las Vegas, USA, as part of the Global Entrepreneurship Events Invitation, have taken the stage on the world scene.

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