Last week, 7 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 and Ankara.
The vertical distribution of the startups receiving investment is as follows:
1 Investment Network
1 Supply Chain
1 Food Technologies
1 Finance Technology
1 Health
1 Biotechnology
1 Marketing
News of the Week
🎯 ŞirketOrtağım Melek Yatırımcı Ağı raised funding with 50 million TL valuation.
ŞirketOrtağım Angel Investor Network has raised funding with 50 million TL valuation. With the investment, BKY Licensed Angel Investor Doruk Özcan became the new shareholder of ŞirketOrtağım Angel Investor Network.
Transaction Type: Investment
Valuation: 50.000.000 TL
Investors: Doruk Özcan
Co-founders: –
Headquarters: Istanbul
🎯 Product and service solutions provider GxLocal raised funding.
GxLocal, a platform that provides product and service solutions for end-to-end cross-border e-commerce, has raised funding from Vanora Ventures.
Transaction Type: Investment
Valuation: –
Investors: Vanora Ventures
Co-founders: Timur Tandoğar
Headquarters: Istanbul
🎯 Foodtech startup The Good Wild raised funding.
Food tech startup The Good Wild, which produces plant-based food alternatives, has raised funding from Founder One.
Transaction Type: Investment
Valuation: –
Investors: Founder One
Co-founders: Dilara Koçak, Hüseyin Şirin
Headquarters: Istanbul
🎯 Fintech startup Smart Advice raised funding.
Smart Advice, which provides artificial intelligence-supported financial solutions to companies and institutions in the fields of banking, investment, retirement and asset management, has raised funding from Yapay Zekâ Girişim Fabrikası ve İş Portföy Digital Venture Capital Investment Fund.
Transaction Type: Investment
Valuation: –
Investors: Yapay Zekâ Girişim Fabrikası ve İş Portföy Dijital Girişim Sermayesi Fonu
Co-founders: Onur Yurtsever
Headquarters: Istanbul
🎯 New generation health platform Hop Health raised $1 million.
Hop Health, a new generation healthcare platform developed to bring doctors and patients together from all over the world, has raised $1 million. The investment round was led by MADA VC, with participation from Selçuk Esenyel.
Transaction Type: Investment
Valuation: –
Investors: MADA VC, Selçuk Esenyel, other investors
Co-founders: Dr. Eren Ünal
Headquarters: Istanbul
🎯 Biotech startup M-Based raised funding.
M-Based, which offers an alternative material to animal and petroleum-based artificial leather for use in the fashion, automotive and furniture industries with its mushroom-based vegan leather technology, has raised an investment in pre-Seed funding round from Hatcher+, Sente Ventures and Fark Labs.
Transaction Type: Investment
Valuation: –
Investors: Hatcher+, Sente Ventures, Fark Labs
Co-founders: Görkem Gökoğlu
Headquarters: Ankara
🎯 Marketing and growth strategy creation platform Mars Studios raised funding.
Mars Studio, which creates marketing and growth strategies for mobile applications, has raised an investment in pre-Seed funding round from Lima Ventures.
Transaction Type: Investment
Valuation: –
Investors: Lima Ventures
Co-founders: –
Headquarters: Istanbul
🛒 MNT-Halan acquires TamFinans.
Egypt-based fintech unicorn startup MNT-Halan has acquired TamFinans, a provider of commercial loans for SMEs and startups.
Transaction Type: Acquisiton
Investors: MNT-Halan
Co-founders: –
Headquarters: Istanbul
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