Last week, 5 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, London, Boston and Delaware. 1 venture capital investment fund was also established.
The vertical distribution of the startups receiving investment is as follows:
2 Artificial Intelligence
2 Human Resources
1 Health Technologies
News of the Week
🟥 Global startup and data platform StartupCentrum has received permission from the Capital Markets Board (CMB) to engage in crowdfunding activities.
For details: https://media.startupcentrum.com/tr/turkiyenin-yeni-kitle-fonlama-platformu-startupcentrum/
Last week 1 Venture Capital Investment Fund (GSYF) received establishment permission.
In the Turkish Capital Markets Board (CBM) newsletter published on Wednesday, September 25th ; It was announced that 1 portfolio company received establishment permission for 1 venture capital investment fund.
Permitted Funds:
Albaraka Portföy Yönetimi AŞ New Generation Technology Venture Capital Investment Fund
🎯 AI platform Quin AI raised £1.5 million.
Generative behavioral AI platform Quin AI, has raised £1.5 million in Seed funding round, led by Blackfish Ventures. SFC Capital, Logo Ventures and Finberg also participated in the investment round.
Transaction Type: Investment
Valuation: –
Investors: Blackfish Ventures, SFC Capital, Logo Ventures, Finberg
Co-founders: Gülşah Gülser, Gonca Gülser
Headquarters: London (United Kingdom)
🎯 AI-startup Novus raised $1.5 million.
Novus, which offers content and analysis solutions for corporate companies through artificial intelligence and NLP technologies, has raised $1.5 million in Seed funding round. The investment round was led by Future Impact Fund managed in partnership with Vestel Ventures and Tacirler Portfolio Management, with participation from Sabancı Ventures, Inveo Ventures, DeBa and international funds.
Transaction Type: Investment
Valuation: $14.000.000
Investors: Gelecek Etki Fonu, Sabancı Ventures, Inveo Ventures, DeBa, other investors
Co-founders: Vorga Can, Rıza Egehan Asad
Headquarters: Boston (USA)
🎯 Employee experience platform Memotive raised funding with $4 million valuation.
Memotive, which combines human resources and administrative affairs operations on a single platform and focuses on employee productivity and satisfaction, has raised funding with $4 million valuation from Arz Portföy.
Transaction Type: Investment
Valuation: $4.000.000
Investors: Arz Portföy
Co-founders: Duygu Aynur
Headquarters: Istanbul
🎯 HR technologies developer idenfit raised funding.
idenfit, which offers human resources and workforce management solutions, has raised an investment in bridge funding round from Sistem Global and Taxture.
Transaction Type: Investment
Valuation: –
Investors: Sistem Global, Taxture
Co-founders: Nazım Onur Bayındır
Headquarters: Istanbul
🎯 Wearable health technologies developer Kodgem raised $150.000.
Kodgem, a wearable health technology that aims to improve the quality of life of office workers, has raised $150.000 in Seed funding round from Mert İnanç Emir, Ferhat Ertürk and Osman Ertürk.
Transaction Type: Investment
Valuation: –
Investors: Mert İnanç Emir, Ferhat Ertürk, Osman Ertürk
Co-founders: Fatih Durmaz
Headquarters: Delaware (USA)
🛒 HotelRunner acquires Bookingate.
Travel and hospitality technology platform HotelRunner has acquired UK-based B2B travel marketplace platform Bookingate.
Transaction Type: Acquisition
Investors: HotelRunner
Co-founders: –
Headquarters: London (UK)
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