after kicking off 2022 with The best first quarter As ever, the Turkish startup ecosystem has been thriving second period of three months of The yearPartially borne gaming Projects that have been resolved a record amount of investments.
According to ecosystem monitor, Startups.watch, all-time highs of $333 million (5.9 billion Turkish liras) of Capital flow to 13 Turkish gaming Projects from January to June, to help Turkey past its peers to make it the most invested country in Europe.
This has helped total the value of deals in The first half of The year already on top of all of 2021 is 265 million dollars from about 52 announced deals.
The best floor view that Turkish gaming Industry has covered over In recent years, the number has been close to 24 times higher So of All of 2020 Not to mention the huge jump for $ 8 million in Finance in 2019, $2 million in 2018 and 1 million dollars in 2017.
The first-half Investments in gaming Projects have seen leaving Turkey behind Likes of UK, Norway, Finland, Sweden, all notable names in Industry, to reach the top of The list in Europe.
In general, Turkish startups raised a record of Nearly $1.4 billion from 140 investments rounds From January to June, led by participating projects in financial technology And the gaming.
Until now second quarter it was a lot more silent with 79 deals and 114 million dollars worth of investments compared to record of Nearly 1.3 billion dollars in The first Three months. The three-month period was the weakest since first quarter of 2021.
nearly 90% of Finance in The first half went to six The startups, namely Getir ($768 million), Dream Games ($255 million), Insider ($121 million), Spyke Games ($50 million), Param Group and Rubibrands ($23 million).
Istanbul rises in gaming
The traditional event Organized by Startups.watch to advertise the data being shed light on the look in Industry held in Istanbul this Wednesday.
Numbers also Show that startups in the inception stage managed to conclude 124 investment deals in The first half of The yearraise record $168 million. Seventeen of Stock-based crowdfunding deals included.
In contrast, projects being staged received $59 million from 139 deals in same period a year Ago.
Istanbul has become the fourth most invested investor city in Europe in The first half of the year after London, Paris and Berlin,” said Serkan Unsal, founder of Startups.watch.
Rank first in When it comes to Europe gaming Its investments topped London, Oslo, Helsinki and Stockholm.”
foreigners join 1 out of every 4 trades
The data showed the participation of foreign investors in one of every four deals in The first half of The year.
They were mostly engaged in Deals that included fintech and gaming projects in In addition to artificial intelligence (AI), software as a service (SaaS), NFT, and the metaverse.
Participation of start-up companies in financial technology calculated for 23 investment deals from January to June, to secure about $63 million. Fintech, where I gained mobility pace with Recent regulations, turned out To be among the most industries of The new Startups are established.
SaaS projects raised $134 million, and AI-oriented startups raised $135 million from January to June.
After being promoted to the “Super League” in Europe and Turkey left behind countries such as the Netherlands, Estonia and Austria. In the Middle East and North Africa regionhe is coming in second just After Israel and above the United Arab Emirates.
Buyouts maintenance pace
The first half of The year It featured 29 secondary acquisitions and transactions, led by Alictus, Airties, Volt Lines, Infofab Health, SEM, Paym.es, Paket Taxi, PulpoAR, DUCKT and Park Palet.
Among other things, 51 out of 140 deals in The period from January to June included a company or company venture Capital (CVC) among investors. companies have become more benefit in Create a fund in the form of a venture Capital investment fund.
thirtysix of bargains in The first half Created by startups with Institutions, marking highest rate (26%) in The last five years. However, only 15% of Establishing projects in January-June Kant set up by women entrepreneurs.
Peak Games: Startup Factory
Peak Games were a prime example of how The gaming The sector grows after retail and how Working for startups improves the ecosystem.
Became the peak of Turkey first Unicorn – A term for startups that pass The billion dollar mark – after its acquisition by the United States gaming Zynga giant in A deal worth 1.8 billion dollars in mid 2020.
He. She features a story of how A successful startup turned school, leading until birth of multiple new projects. This factor is proven to be 80 . former Peak members gone on to me set up 65 different startups. Twenty-eight of These are engaged in gaming.
Looking at the numbers, it turns out This peak is venture It works it works like startup factory.
venture capital funds for shape future
About 86 boxes worth $1.3 billion created in turkey in The last five years. about 75% of financial resources set up in The last It was a year and a half in venture capital investment fundventure Capital investment credits.
However, the size of bone of money below 20 million dollars while there are only two active venture capital funds worth over $100 million, which is Revo Capital and Earlybird DEF.
Processing Startups.watch eventDeputy Board of Directors of Capital Markets head Ali Ihsan Junkur stressed the importance of role of venture VC funds in The rise of many giantsparticularly from Silicon Valley.
“in factThe importance of these initiatives is no less important than the increase in the number of $100 million worth technology startup companies. In the United States, regardless of giants Such as Google, Amazon, Microsoft, Meta and hundreds of technology Companies offer actual depth. venture capital investment funds again It was role in Birth of these technology giants said Gungor.
venture capital investment funds in Turkey managed to participate in successful business in In a short time, data-oriented companies have become more valuable comp in He pointed to the country.
“Now, we will struggle for The transformation that will make this permanent creating Reliable structure with increased volume of This money is an ongoing investment in different columns. It will enable many technology Startups to meet with qualified investors. “
Regular audit and tax advantage
It also handles eventMurad Unouk a member of The board In Arz Portfolio, he said he did a lot of work with Little part resources of The technology corporate culture.
Unouk also Highlighted chance to me pass on The experience He earned during his time at Microsoft in an investment firm.
“there people a job in Investment companies and startups in United States, as well as companies such as Facebook, Microsoft and Google. They are learning move data-oriented business Wherever they go. we also I carried the experience we have when creating Rice wallet.
“SPK has done a great work and exchange ideas on The arrangements that they have made regarding venture capital investment funds. Thus, this is possible more qualified Investors to switch to this area. finally, with Advantages offered in terms of tax, with Effective audits, the investor is provided with An opportunity to make reliable investments.”
Unouk even said an investor with Get 50,000 lira today on chance for investment in Ashraf venture.
“There is not only the sports part of this is work, which is said to have covered nearly 800 projects. You are need to reach it know The people and the teamas well as these with Comprehensive knowledge.
brings transformation growth
As a directed artificial intelligence venture, co-founder Murat Hacioglu said B2Metric has undergone a significant “shell change” during the coronavirus pandemic.
Before the outbreak, we were working on customer expectations in stores. Though, when stores We were negatively affected by the epidemic, we focused on The digital business area that was rapidly experiencing growthHajioglu noted.
We started providing services to businesses with millions of Client. Turk Telekom . Enabled us to me first earn experience Through the acceleration of the pilot program and transfer experience we won in Turkey abroad with investment round which was attended by Türk Telekom Ventures” added.
Hacioglu said that instead of holding on on To fashion concepts and express themselves, they learned to describe themselves in a way that you specify correctly and allows them to separate from competitors.
“Now, we are paying off of Our continuous efforts to transform in a product. we also fan translate The support We received a lot of acceleration programs and its investors growth. “
never give up
Param Group managed to conclude the largest investment deal in The second quarter of The year Looking forward to becoming Turkey first Rhino in The financial technology area.
The co-founder, Emin Can Yilmaz, highlighted this importance of investment in the shift of The venture Which has had a long and difficult journey.
“When you secure an investment, you are trading in Turkish lira. We went through a difficult process because of the ups and downs in Exchange prices. After all, nothing scares me. Since I was already come from technology background, we developed The solution is ourselves. So far, we haven’t done that need Invest because we came up with profitable structure,” Yilmaz noted.
“we will use investment no for We have profits business but for The solution of my loan that new growth Ability. to me compete with giants At this point, we should have financial Depth to provide the right solutions to the client added.
Yilmaz said they secured the investment to present their bids more attractive.
“After all, we also a organization that obtained a license in London. we will like To expand the process to 11 to 12 countries. In addition, it was important to have an EBRD (European Bank for reconstruction and development) with us To provide the right solution when it comes to issue of loan.”
Although the process continues six months and it takes a total of Nine months, it takes some time slows down The company, they will benefit a lot after initiatives like Param.
“European Bank for Reconstruction and Development consultants examined Param. In the process, we have seen that Param has many services that can be offered abroad. We are now working on support successful team on This trip,” Savery noted.
the support for Brand trips abroad
Rubibrands co-founder and CEO, Tekken Güneş, said that the e-commerce industry will continue to grow, noting that they were able to enter practice in Turkey model which was successful abroad.
“There is still a long time distance to cover in E-Commerce in turkey. Through Rubibrands, we are committed to the development of business of brands that successfully Market management which is gained experience in E-Commerce on a global size,” Gunesh said.
He indicated that they invested in Seven brands so far, some of which were only Turkey-oriented companies while others had already Selling started in United State market.
“Now we are collaborating to take the same success etc countries. We are looking at what to do about it. we support Trademarks on The issue of Logistics, marketing and supply chain. Currently, we serve seven brands with a team of 40 people,” he is added.
Burak Chulak, investor in D4 Ventures, said: decision- Manufacturing processes were easy because it is a file area They invested in Before.
“As D4 Ventures, we have invested previously in Rubybrands overseas examples. We made it fast growth in this is area. have full belief that team will bear her success To the global Scale.”
after kicking off 2022 with The best first quarter As ever, the Turkish startup ecosystem has been thriving second period of three months of The yearPartially borne gaming Projects that have been resolved a record amount of investments.
According to ecosystem monitor, Startups.watch, all-time highs of $333 million (5.9 billion Turkish liras) of Capital flow to 13 Turkish gaming Projects from January to June, to help Turkey past its peers to make it the most invested country in Europe.
This has helped total the value of deals in The first half of The year already on top of all of 2021 is 265 million dollars from about 52 announced deals.
The best floor view that Turkish gaming Industry has covered over In recent years, the number has been close to 24 times higher So of All of 2020 Not to mention the huge jump for $ 8 million in Finance in 2019, $2 million in 2018 and 1 million dollars in 2017.
The first-half Investments in gaming Projects have seen leaving Turkey behind Likes of UK, Norway, Finland, Sweden, all notable names in Industry, to reach the top of The list in Europe.
In general, Turkish startups raised a record of Nearly $1.4 billion from 140 investments rounds From January to June, led by participating projects in financial technology And the gaming.
Until now second quarter it was a lot more silent with 79 deals and 114 million dollars worth of investments compared to record of Nearly 1.3 billion dollars in The first Three months. The three-month period was the weakest since first quarter of 2021.
nearly 90% of Finance in The first half went to six The startups, namely Getir ($768 million), Dream Games ($255 million), Insider ($121 million), Spyke Games ($50 million), Param Group and Rubibrands ($23 million).
Istanbul rises in gaming
The traditional event Organized by Startups.watch to advertise the data being shed light on the look in Industry held in Istanbul this Wednesday.
Numbers also Show that startups in the inception stage managed to conclude 124 investment deals in The first half of The yearraise record $168 million. Seventeen of Stock-based crowdfunding deals included.
In contrast, projects being staged received $59 million from 139 deals in same period a year Ago.
Istanbul has become the fourth most invested investor city in Europe in The first half of the year after London, Paris and Berlin,” said Serkan Unsal, founder of Startups.watch.
Rank first in When it comes to Europe gaming Its investments topped London, Oslo, Helsinki and Stockholm.”
foreigners join 1 out of every 4 trades
The data showed the participation of foreign investors in one of every four deals in The first half of The year.
They were mostly engaged in Deals that included fintech and gaming projects in In addition to artificial intelligence (AI), software as a service (SaaS), NFT, and the metaverse.
Participation of start-up companies in financial technology calculated for 23 investment deals from January to June, to secure about $63 million. Fintech, where I gained mobility pace with Recent regulations, turned out To be among the most industries of The new Startups are established.
SaaS projects raised $134 million, and AI-oriented startups raised $135 million from January to June.
After being promoted to the “Super League” in Europe and Turkey left behind countries such as the Netherlands, Estonia and Austria. In the Middle East and North Africa regionhe is coming in second just After Israel and above the United Arab Emirates.
Buyouts maintenance pace
The first half of The year It featured 29 secondary acquisitions and transactions, led by Alictus, Airties, Volt Lines, Infofab Health, SEM, Paym.es, Paket Taxi, PulpoAR, DUCKT and Park Palet.
Among other things, 51 out of 140 deals in The period from January to June included a company or company venture Capital (CVC) among investors. companies have become more benefit in Create a fund in the form of a venture Capital investment fund.
thirtysix of bargains in The first half Created by startups with Institutions, marking highest rate (26%) in The last five years. However, only 15% of Establishing projects in January-June Kant set up by women entrepreneurs.
Peak Games: Startup Factory
Peak Games were a prime example of how The gaming The sector grows after retail and how Working for startups improves the ecosystem.
Became the peak of Turkey first Unicorn – A term for startups that pass The billion dollar mark – after its acquisition by the United States gaming Zynga giant in A deal worth 1.8 billion dollars in mid 2020.
He. She features a story of how A successful startup turned school, leading until birth of multiple new projects. This factor is proven to be 80 . former Peak members gone on to me set up 65 different startups. Twenty-eight of These are engaged in gaming.
Looking at the numbers, it turns out This peak is venture It works it works like startup factory.
venture capital funds for shape future
About 86 boxes worth $1.3 billion created in turkey in The last five years. about 75% of financial resources set up in The last It was a year and a half in venture capital investment fundventure Capital investment credits.
However, the size of bone of money below 20 million dollars while there are only two active venture capital funds worth over $100 million, which is Revo Capital and Earlybird DEF.
Processing Startups.watch eventDeputy Board of Directors of Capital Markets head Ali Ihsan Junkur stressed the importance of role of venture VC funds in The rise of many giantsparticularly from Silicon Valley.
“in factThe importance of these initiatives is no less important than the increase in the number of $100 million worth technology startup companies. In the United States, regardless of giants Such as Google, Amazon, Microsoft, Meta and hundreds of technology Companies offer actual depth. venture capital investment funds again It was role in Birth of these technology giants said Gungor.
venture capital investment funds in Turkey managed to participate in successful business in In a short time, data-oriented companies have become more valuable comp in He pointed to the country.
“Now, we will struggle for The transformation that will make this permanent creating Reliable structure with increased volume of This money is an ongoing investment in different columns. It will enable many technology Startups to meet with qualified investors. “
Regular audit and tax advantage
It also handles eventMurad Unouk a member of The board In Arz Portfolio, he said he did a lot of work with Little part resources of The technology corporate culture.
Unouk also Highlighted chance to me pass on The experience He earned during his time at Microsoft in an investment firm.
“there people a job in Investment companies and startups in United States, as well as companies such as Facebook, Microsoft and Google. They are learning move data-oriented business Wherever they go. we also I carried the experience we have when creating Rice wallet.
“SPK has done a great work and exchange ideas on The arrangements that they have made regarding venture capital investment funds. Thus, this is possible more qualified Investors to switch to this area. finally, with Advantages offered in terms of tax, with Effective audits, the investor is provided with An opportunity to make reliable investments.”
Unouk even said an investor with Get 50,000 lira today on chance for investment in Ashraf venture.
“There is not only the sports part of this is work, which is said to have covered nearly 800 projects. You are need to reach it know The people and the teamas well as these with Comprehensive knowledge.
brings transformation growth
As a directed artificial intelligence venture, co-founder Murat Hacioglu said B2Metric has undergone a significant “shell change” during the coronavirus pandemic.
Before the outbreak, we were working on customer expectations in stores. Though, when stores We were negatively affected by the epidemic, we focused on The digital business area that was rapidly experiencing growthHajioglu noted.
We started providing services to businesses with millions of Client. Turk Telekom . Enabled us to me first earn experience Through the acceleration of the pilot program and transfer experience we won in Turkey abroad with investment round which was attended by Türk Telekom Ventures” added.
Hacioglu said that instead of holding on on To fashion concepts and express themselves, they learned to describe themselves in a way that you specify correctly and allows them to separate from competitors.
“Now, we are paying off of Our continuous efforts to transform in a product. we also fan translate The support We received a lot of acceleration programs and its investors growth. “
never give up
Param Group managed to conclude the largest investment deal in The second quarter of The year Looking forward to becoming Turkey first Rhino in The financial technology area.
The co-founder, Emin Can Yilmaz, highlighted this importance of investment in the shift of The venture Which has had a long and difficult journey.
“When you secure an investment, you are trading in Turkish lira. We went through a difficult process because of the ups and downs in Exchange prices. After all, nothing scares me. Since I was already come from technology background, we developed The solution is ourselves. So far, we haven’t done that need Invest because we came up with profitable structure,” Yilmaz noted.
“we will use investment no for We have profits business but for The solution of my loan that new growth Ability. to me compete with giants At this point, we should have financial Depth to provide the right solutions to the client added.
Yilmaz said they secured the investment to present their bids more attractive.
“After all, we also a organization that obtained a license in London. we will like To expand the process to 11 to 12 countries. In addition, it was important to have an EBRD (European Bank for reconstruction and development) with us To provide the right solution when it comes to issue of loan.”
Although the process continues six months and it takes a total of Nine months, it takes some time slows down The company, they will benefit a lot after initiatives like Param.
“European Bank for Reconstruction and Development consultants examined Param. In the process, we have seen that Param has many services that can be offered abroad. We are now working on support successful team on This trip,” Savery noted.
the support for Brand trips abroad
Rubibrands co-founder and CEO, Tekken Güneş, said that the e-commerce industry will continue to grow, noting that they were able to enter practice in Turkey model which was successful abroad.
“There is still a long time distance to cover in E-Commerce in turkey. Through Rubibrands, we are committed to the development of business of brands that successfully Market management which is gained experience in E-Commerce on a global size,” Gunesh said.
He indicated that they invested in Seven brands so far, some of which were only Turkey-oriented companies while others had already Selling started in United State market.
“Now we are collaborating to take the same success etc countries. We are looking at what to do about it. we support Trademarks on The issue of Logistics, marketing and supply chain. Currently, we serve seven brands with a team of 40 people,” he is added.
Burak Chulak, investor in D4 Ventures, said: decision- Manufacturing processes were easy because it is a file area They invested in Before.
“As D4 Ventures, we have invested previously in Rubybrands overseas examples. We made it fast growth in this is area. have full belief that team will bear her success To the global Scale.”