Turkey embodies promising global breakthroughs in the entrepreneurship sector. Turkey is already one of the promising countries with many startup initiatives for the future. Turkey is a marketplace and a creative environment for similar industries. When we look at the business from another perspective, we are currently circulating under 1 dollar in terms of entrepreneurial investments per capita. This amount needs to increase to at least 10 dollars and above for global competition. This means that more than $800 million is invested in startups every year. The way to do this is that there is a need for entrepreneurs who think more globally, and there is a need for more mutual funds to invest in these entrepreneurs who think globally.

Turkey is a developing, dynamic and innovative country. Our ability to adapt to the latest technologies, combined with our young population, creates an extremely favorable climate for entrepreneurship.

As in the world, the rapid development of internet infrastructure and technology in many areas, especially in communication, has caused changes in entrepreneurship models. Many changes, such as the shift of the service sector to the internet, the importance of speed and personalization factors in this sector, and the fact that the value-added factor took precedence over the price factor, transformed the entrepreneurship ecosystem in Turkey and startups took the lead role. It seems that the number and investments of these start-ups, which are in the entrepreneurial ecosystem, the majority of which are classical SMEs, draw their strength from technology and dynamism, and can make a global impact, will continue to increase.

According to the data of startups.watch, which reports on the entrepreneurial ecosystem in Turkey, the highlights of the startup graphic in the first two quarters of 2021 are also important in terms of showing the impact of the pandemic on consumers and new entrepreneurs. Domestic startups participated in 78 investment rounds until the end of April 2021, raising a total investment of 523 million dollars. Only 14 investment rounds were made in the last month, generating $10.8 million. The most striking brand in the total investment income of the 4 months was Getir. When we exclude the increasing momentum of the fast market application since the beginning of the year and the investment rounds it has taken from the statistics, there are 76 investment rounds and 95 million dollars of investment.

We said that there were 14 investment rounds in April. Among them, the three most profitable companies according to the investment they received; Ace Games became Appsilon Diamond and EasyCep. As the leading Ace Games hinted, game initiatives continue their rise in recent years. In a total of 4 months, we can see 17 game startups with a total investment of 65 million dollars.

Of course, we will not be able to complete the report without mentioning Trendyol, which has improved its service area and user base with the pandemic. With its 350 million dollar investment, the company became Turkey’s third unicorn after Peak and Getir.

Some of our domestic enterprises are companies that keep their headquarters abroad. When we look at the first 4 months, we can say that 13 startups achieved 430 million dollars. Only in April, 5 Turkish startups among them received a total investment of 84 million dollars. Tripledot Studios received the highest investment among them.

Game developer Zynga has made its fourth purchase from Turkey by purchasing Izmir-based Uncosoft through the Turkish startup Rollic, which it acquired last year. When we look at the funds established, we see that at the end of four months, 5 different funds, which we can list as Arz Portfolio Teknogirişim, Startupfon, Deniz Ventures, Bilişim Vadisi GSYF and 500 Istanbul, have created a total of 95 million dollars worth of funds.