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Turkey Enterprise Ecosystem’s Report for the First Four Months of 2021 Has Been Published

Turkey Enterprise Ecosystem’s Report for the First Four Months of 2021 Has Been Published

Statistics of the Turkey Enterprise Ecosystem for the first quarter of 2021 were published by startups.watch.

What happened during this process?

  • Startups in Turkey received $10.8 million in 14 investment rounds in April.
  • In the first 4 months of 2021, 523 million dollars were invested in 78 investment rounds in total.
  • When the large investments received by Getir are excluded, a total of 95 million dollars was invested in 76 investment rounds in the first 4 months of 2021.
  • The top 3 startups that received the most investment in April were Ace Games, Appsilon Diamond and EasyCep.
  • In the first 4 months of 2021, 17 gaming startups received an investment of 65 million dollars.
  • Trendyol became the official third unicorn of Turkey with an investment of 350 million dollars. (Peak, Bring, Trendyol)
  • In April, 5 Turkish startups based abroad received a total investment of 84 million dollars.
  • Tripledot Studios became the foreign-based Turkish startup that received the largest investment in April.
  • In the first 4 months of 2021, 13 foreign-based startups received an investment of 430 million dollars.
  • In the late stages (Private Equity, Growth Equity, Corporate Round), 4 startups received a total investment of 374 million dollars in the first 4 months of 2021. (Trendyol, BluTV, Vektora, E Solution)
  • Zynga made its fourth game purchase from Turkey by purchasing Izmir-based Uncosoft through Rollic, which it bought last year.
  • In the last 5 years, 33 funds have been established and the size of these funds allocated to Turkey has exceeded $677 million. (2017-2021)