Weekly Startup Ecosystem Overview in Turkiye / October 16 – 22

Here you can read this post in these languages:

Last week, 4 Turkish startups received investment in the entrepreneurship ecosystem and 2 secondary transaction has been made. The headquarters of the startups that received investment were distributed as Bursa, Ankara and Istanbul. 3 venture capital investment fund was also established.

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

1 Agricultural Technologies

1 Artificial Intelligence

1 Educational Technologies

1 Industry / Enterprise Software

News of the Week

Last week, 3 Venture Capital Investment Fund (GSYF) received establishment permission.

In the Turkish Capital Markets Board (CBM) newsletter published on Wednesday, October 18th; It was announced that 2 portfolio company received establishment permission for 3 venture capital investment fund.

Permitted Funds:

Albaraka Portföy Yönetimi AŞ İnsha Venture Capital Investment Fund

Albaraka Portföy Yönetimi AŞ Sglobe Venture Capital Investment Fund

Allbatross Portföy Yönetimi AŞ Second Venture Capital Investment Fund

🎯 Smart agriculture startup Görsentam raised funding with 50 million TL valuation.

Görsentam, a smart agriculture startup that offers an artificial intelligence-supported prediction and early warning system to agricultural enterprises, has completed its first investment round with 50 million TL valuation. The investment round was joined by ŞirketOrtağım Angel Investor Network.

Transaction Type: Investment

Valuation: 50.000.000 TL

Investors: ŞirketOrtağım Angel Investor Network

Co-founders: Mert Demirel

Headquarters: Bursa

🎯 Digital transformation solutions provider Cerebrum Tech raised 50 million TL.

Cerebrum Tech, which develops artificial intelligence solutions, has raised 50 million TL with 420 million TL valuation. The investment round was led by Boğaziçi Ventures, with participation from Inveo Ventures Coinvestment Venture Capital Investment Fund, BV Growth Venture Capital Investment Fund, Faruk Eczacıbaşı, corporate and angel investors.

Transaction Type: Investment

Valuation: 420.000.000 TL

Investors: Boğaziçi Ventures, Inveo Ventures Coinvestment Venture Capital Investment Fund, BV Growth Venture Capital Investment Fund, Faruk Eczacıbaşı, corporate and angel investors

Co-founders: Dr. Erdem Erkul

Headquarters: Ankara

🎯 Educational technologies developer Gamester Kids raised $850.000.

Gamester Kids, which focuses on preschool children, has raised $850.000 from APY Ventures and Doping Hafıza‘s co-founders Semih Hakyemez, Ali Karakuş and N.Mert Kalkavan.

Transaction Type: Investment

Valuation: –

Investors: APY Ventures, Semih Hakyemez, Ali Karakuş, N.Mert Kalkavan

Co-founders: Onur Karcı, Volkan Taban

Headquarters: Istanbul

🎯 Production machines malfunction detector Pdmechanics, raised funding with $1 million valuation.

Pdmechanics, which provides early diagnosis of malfunctions in the production machines of industrial facilities with artificial intelligence, has raised funding with $1 million valuation from Karacasu Tekstil.

Transaction Type: Investment

Valuation: $1.000.000

Investors: Karacasu Tekstil

Co-founders: Can Uslu

Headquarters: Istanbul

🛒 Trapmine, acquired by US-based SonicWall.

Cybersecurity startup Trapmine has acquired by US-based global cybersecurity company SonicWall.

Transaction Type: Acquisition

Investors: SonicWall

Co-founders: Celil Ünüver, Ulaşcan Aytolun, Mauro Leggieri

Headquarters: Izmir / Estonia

🛒 REM People acquires Udentify.

Retail analytics solutions provider REM People has acquired image processing and artificial intelligence technologies startup Udentify.

Transaction Type: Acquisition

Investors: REM People

Co-founders: –

Headquarters: Istanbul

Other News of the Week:

📌 Bebehum, the producer of hydrolyzed protein baby food, went on a crowdfunding tour with a target of 24 million TL through fonbulucu.

📌 The application process for the “Gelecek Vadeden Girişimler” competition, organized by in4startups, has been completed and the finalist startups have been announced.

📌 The startups that graduated from the 11th term of the Workup Entrepreneurship Program and the 2nd term of Workup Agri have been announced. Startups graduating from the program: Werover, Kozalak, Pivony, Move On, Homster, Heybooster and Getmobil.

📌 The applications for the Dönüşen KOBİ Programı Fikir Maratonu, implemented with the financial support of Standard Chartered Foundation and carried out in partnership with Youth Business International and Habitat Association, have started.

🟥 StartupCentrum

Find the best startup jobs or launch your future unicorn company, meet the best talents and startups, and get in contact with international accelerators and investors to grow!

For more information startupcentrum.com

To take part in the StartupCentrum Entrepreneurship Ecosystem Summary of Turkey, MENA or Europe series and to be our supporter: [email protected]

Recent Articles

Related Posts


Lütfen yorumunuzu giriniz!
Lütfen isminizi buraya giriniz