In the first quarter of 2021, 61 startups had raised USD 508 million from angel investors and venture capital funds, setting a record for the Turkish startup ecosystem. According to Startup.Watch’s “Turkish Startup Ecosystem Quarterly Report-Q2 2021″ report, 63 startups raised USD 746 million investments totaling the first half amount to USD 1.2 billion.
Getir became the most invested startup in Turkey with USD 550 million and with a valuation of USD 7.5 billion. Dream Games, the second highest recipient of investments after Getir, also became a unicorn in the second quarter of the year.
Turkey ranked 8th in Europe and 2nd in the Middle East and North Africa angel and venture capital investment leagues.
Source: Republic of Turkey Investment Office
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.
