7/14/2021

Turkish Startups Receive USD 1.2 Billion Investment in the First Half

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. ​

startups; angel investors; venture capital funds; Startup.Watch