Business

Investors’ interest in Turkey is increasing exponentially

The interest of foreign and domestic investors in the entrepreneurship ecosystem in Turkey continues to increase. According to Startups.Watch data, which analyzes the investment figures of the venture ecosystem with monthly reports, 73 angel investors, corporate venture capital investors and venture capital companies invested in Turkey in the first 4 months of 2020, and in the next year 2021, 161. Gaming, financial technology and cloud technology played a leading role in investments. Evaluating the issue, Serkan Unsal, founder of Startups.Watch, said that especially after Peak became a unicorn with a valuation of $1.6 billion and that Rollic was sold for $180 million in 20 months, investors also increased the appetite.

INCREASED BY 120% IN 1 YEAR

Serkan Unsal, who stated that many white-collar investors who want to earn high returns and seek alternative investment tools have started to become angel investors, said, “If we look statistically, 73 different investors have invested in enterprises in Turkey in the first 4 months of 2020, and this number has increased to 161 in the first 4 months of 2021. In other words, the diversity on the investor side has increased by 120% in 1 year. Moreover, these numbers do not include individual investors involved in crowdfunding.” Stating that with the widespread use of crowdfunding, white collars will become more investors, Unsal said: “This means that the options for entrepreneurs will increase significantly. Of course, this does not mean that every enterprise seeking investment will find investment. Again, startups with high growth potential will receive investments. Therefore, it is very important to find the growth formula. We can say that many sources of financing are now waiting for initiatives that succeed in growing.”

Source: Sabah / Translated by Irem Yildiz

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button