Home News Turkish Startups Receive USD 1.2 Billion Investment in the First Half

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. ​

Source: Republic of Turkey Investment Office
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