Last week, 4 Turkish startups received investment in the entrepreneurship ecosystem. The headquarters of the startups that received investment were distributed as Istanbul, Eskişehir, Kocaeli and Izmir. 1 venture capital investment fund was also established.
The vertical distribution of the startups receiving investment is as follows:
1 Mobile Gaming
1 Education / Gaming
1 Biotechnology
1 Software – Blueit
News of the Week
Last week, 1 Venture Capital Investment Fund (GSYF) received establishment permission.
In the Turkish Capital Markets Board (CBM) newsletter published on Wednesday, November 15th; It was announced that 1 portfolio company received establishment permission for 1 venture capital investment fund.
Permitted Funds:
Nurol Portföy Yönetimi AŞ Büyüyen İşletmeler Girişim Sermayesi Yatırım Fonu
🎯 Mobile gaming startup YAMY Studio raised funding with $8 million valuation.
Mobile gaming studio YAMY Studio, has raised funding with $8 million valuation. The investment round was joined by UP Venture Capital, İz Yatırım Holding and other angel investors.
Transaction Type: Investment
Valuation: $8.000.000
Investors: UP Venture Capital, İz Yatırım Holding, Mübin Karpuzcu, other angel investors
Co-founders: Ahmet Fırat Akben, Yunus Alkan, Mikdat Doğru
Headquarters: Istanbul
🎯 Educational game developer Tunga Games raised 1 million TL.
Tunga Games, which develops educational and development-supporting games for primary school children, has raised 1 million TL from Founder One.
Transaction Type: Investment
Valuation: –
Investors: Founder One
Co-founders: –
Headquarters: Eskişehir
🎯 Clinical decision support system developer PhiTech raised $250.000.
PhiTech, which develops an artificial intelligence-supported clinical decision support system that processes DNA and RNA sequence data, has raised $250.000 from Arya GSYF.
Transaction Type: Investment
Valuation: –
Investors: Arya GSYF
Co-founders: Dr. Saliha Durmuş, Prof. Dr. Tunahan Çakır, Prof. Dr. Erdoğan Sevilgen
Headquarters: Kocaeli
🎯 Water management platform Blueit raised $250.000.
Blueit, which offers a water management platform that monitors and optimizes water consumption in industrial facilities and commercial buildings in real time, has raised $250.000 from Sabancı ARF Programme.
Transaction Type: Investment
Valuation: –
Investors: Sabancı ARF Programme
Co-founders: Hülya Tomak
Headquarters: Izmir
Other News of the Week:
📌 The fifth term call of Migros Up, which creates a common culture between Migros and entrepreneurs, carries out innovation activities and continues to add value to the Turkish entrepreneurship ecosystem, has started.
📌 The startups that qualified to participate in Web Summit 2023, within the scope of the Call for Participation in Global Entrepreneurship Events, met with investors in Lisbon.
📌 The startups that will take the stage in the Big Bang Startup Challenge, which has been organized by ITU Çekirdek for 12 years, have been announced.
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