2016 Q2 Tech Investments Report by startups.watch. The Report may not be modified, copied, distributed, republished, uploaded, posted, decompiled or transmitted in any way, without the prior written consent of Startups.Watch.
2016 Q2/H1 Report
July 12 , 2016
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$7,5M raised in 13 rounds.
- 2016 Q2, TURKEY
• $0,7M raised in 5 Angel rounds.
• $6,8M raised in 8 VC rounds.
6HIGHLIGHTS - 2016 Q2, TURKEY
Turkish Growth and Innovation Fund (Fund of Funds - €200M) officially
Troy (First and only payment scheme of Turkey) completed its first
transaction and been launched for use.
Paypal closed its operations in Turkey because of not getting licence from
local authority, BDDK.
Bolbol (meal delivery service and competitor of Yemeksepeti) closed its
operations after Yemeksepeti antitrust lawsuit.
4G LTE-A launched in Turkey.
220 startups established their company in 2016-Q1 after government grant,
7EUROPE VS TURKEY - 2016 Q2
Sources : https://www.slideshare.net/gdibner ; http://thenordicweb.com ; http://preqin.com ; http://xeler8.com ; http://pitchbook.com For bigger version of the map: http://bit.ly/TRq2map
Country Amounts Raised ($M)
9BIST PRIVATE MARKET
Similar to NASDAQ Private Market, Borsa Istanbul Private Market has been
providing liquidity, funding and investment opportunities to companies and
Private Market provides financial and legal counseling through its solution partners.
Total number of investments have reached 9 while the total financing amount has
summed up to 27 million TL.
It continues to grow with more than 350 members comprised of 210 companies
looking for investment opportunities and more than 100 qualified corporate and
Ar Plaza A Blok Değirmen
Sk. No:16 Kat:11 - Verisun -
34742 - Kozyatağı İstanbul
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Startups.watch is the leading market intelligence and analytics platform for investors
and business development specialists who are looking for data and insights about
Turkish startup ecosystem.
It’s founded in June 2015
It has customers and subscribers in 12 countries. (May 2016)