Weekly Startup Ecosystem Overview in Turkiye / June 10 – 23

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Last week, 4 Turkish startups received investment in the entrepreneurship ecosystem. The headquarters of the startups that received investment were distributed as Istanbul, Ankara and San Fransisco. 2 venture capital investment fund was also established.

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

1 eSIM

1 Cloud Computing

1 Analytics & Deposit Platform

1 Building Materials

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, June 13th; It was announced that 2 portfolio company received establishment permission for 2 venture capital investment fund.

Permitted Funds:

Re-Pie Portföy Yönetimi AŞ Larinda Smart Energy Technology Venture Capital Investment Fund

Ziraat Portföy Yönetimi AŞ Plan S Uydu ve Uzay Teknolojileri Startup Venture Capital Investment Fund

🎯 eSIM technology solutions provider Roamless raised $5 million.

Roamless, which provides eSIM technology to reduce the burden of high phone bills for individuals who frequently travel abroad, has raised $5 million. The investmetn round was led by Shooroq Partners, with participation from Revo Capital, Paribu Ventures, Finberg and DeBa Ventures.

Transaction Type: Investment

Valuation: –

Investors: Shooroq Partners, Revo Capital, Paribu Ventures, Finberg, DeBa Ventures

Co-founders: Emre Demirel, Ali Gazioğlu, Asım Alp, Selim Aykut, Cengiz Öztelcan

Headquarters: Istanbul / Delaware

🎯 Cloud-based software development platform Robolaunch raised $1.5 million.

Robolaunch, a cloud-based software development and distribution platform designed for artificial intelligence and robotic applications, has raised $1.5 million. The investment round was led by Simya VC, with participation from Driventure, Türkiye Kalkınma Fonu and INVEST101.

Transaction Type: Investment

Valuation: –

Investors: Simya VC, Driventure, Türkiye Kalkınma Fonu, INVEST101

Co-founders: Hidayet Gürcan Tunç, Mükremin Çetinkaya

Headquarters: Ankara

🎯 New generation building materials developer Harcy raised $350.000.

Harcy, which develops new generation building materials from textile waste, has raised $350.000 in Seed funding round, led by Kuveyt Türk Portföy. Arz Portföy and Ahu Serter also participated in the investment round.

Transaction Type: Investment

Valuation: –

Investors: Kuveyt Türk Portföy, Arz Portföy, Ahu Serter

Co-founders: Ahmet Laris Lala, MelihGazi Küşüm

Headquarters: Istanbul

🎯 Startup monitoring platform LemonRocks raised $750.000.

LemonRocks, a platform that provides data to startups and VCs, has raised $750.000 from H2O Ventures and Storm Global.

Transaction Type: Investment

Valuation: $8.000.000

Investors: H2O Ventures, Storm Global

Co-founders: Yusuf Berkan Altun

Headquarters: San Fransisco

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