Weekly Startup Ecosystem Overview in Turkiye / September 18 – 24

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Last week, 4 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, Izmir and London. 2 venture capital investment fund was also established.

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

1 Gaming / Esports

1 Financial Technologies

1 Data

1 Robotics / Data

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 Wednesday, September 20st; It was announced that 2 portfolio company received establishment permission for 2 venture capital investment fund.

Permitted Funds:

Foneria Portföy Yönetimi AŞ Fongogo Ventures Venture Capital Investment Fund

Rota Portföy Yönetimi AŞ 3DOTS Venture Capital Investment Fund

🎯 E-sports team management platform Scoutli raised 800.000 TL.

Scoutli, which offers a data analytics, scouting and fantasy league platform to esports teams, has raised 800.000 TL with 26.900.000 TL valuation. The investment round was joined by Sercan Akkaş, Can Hiçbezmez, Mustafa Emre Gündüz, Kaan Karapınar, İrfan Ündevli, Gizem Nilay Tuna, Cem Büyükkaya, Fethi Ahmet Özbulut, Ali İlçi, Emre Gerçek amd Alesta Elektronik Teknoloji Yatırım A.Ş ve Sertaç Özinal.

Transaction Type: Investment

Valuation: 26.900.000 TL

Investors: Sercan Akkaş, Can Hiçbezmez, Mustafa Emre Gündüz, Kaan Karapınar, İrfan Ündevli, Gizem Nilay Tuna, Cem Büyükkaya, Fethi Ahmet Özbulut, Ali İlçi, Emre Gerçek ve Alesta Elektronik Teknoloji Yatırım A.Ş, Sertaç Özinal

Co-founders: Yücel Arda Bayram, Güray Yavuz, Nazlı Özmen, Umut Berk

Headquarters: Izmir

🎯 SME digital business account provider wamo raised $1.5 million.

wamo, which provides financial solutions such as digital business accounts to SMEs, has raised $1.5 million from Finberg and Re-Pie Portföy.

Transaction Type: Investment

Valuation: –

Investors: Finberg, Re-Pie Portföy

Co-founders: Yankı Önen

Headquarters: London

🎯 Data management platform MaestroHub raised €505.000.

MaestroHub, which offers an infrastructure and data management platform for companies, has raised €505.000 in pre-Seed funding round.

Transaction Type: Investment

Valuation: –

Investors: –

Co-founders: Yasir Tunçer, Barış Velioğlu, Aras Yiğit Çakmak, Fevzi Murat Solmaz, Ongun Demirler

Headquarters: Istanbul

🎯 Robotic inspection and data management startup AISField raised funding.

AISField, which develops robotic technologies, automation and advanced software solutions in the field of non-destructive testing, received an investment from Tüpraş Ventures.

Transaction Type: Investment

Valuation:

Investors: Tüpraş Ventures

Co-founders:

Headquarters: Ankara

🛒 HotelRunner acquires smart sales system PayPad.

Accommodation and travel technologies provider HotelRunner has acquired smart sales system PayPad.

Transaction Type: Acquisition

Valuation: –

Investors: HotelRunner

Co-founders: Veysel Berk

Headquarters: Istanbul

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