As of the first quarter of 2023, Eksim Ventures increased the number of companies it invested in to 8 and the number of funds to 7. Eksim Ventures, which invests in innovative ideas in areas such as food, energy technologies, health, mobility, biotechnology, fintech and defense industry, evaluates financial and strategic investment opportunities with its plans for European countries and the USA, together with Turkiye.
Eksim Ventures continues to invest in innovative and sustainable growth potential business models by reinforcing the power of technology with smart capital.
Eksim Ventures, which first invested in the car rental platform Yolcu 360 in 2021, invested in 4 more ventures in 2022.
Among the companies that Eksim Ventures has invested in in 2022 are the human resources software application Kolay IK, the marketplace application focused on food waste, Yenir, the online therapy platform Hiwell, and Bluedot, which contributes to the sustainability of the electric vehicle charging industry.
Funds that Eksim Ventures participated in were Revo Capital, 212, Bogazici Ventures, Founder One, DeepTech Investment Fund, Javelin VC and Signia VP.
Eksim Ventures invested $2 million in the first quarter of 2023. Wask, the new generation digital marketing software, Bottobo Robotics, which develops autonomous mobile robots, Finekra, which operates in the field of open banking, were the initiatives that Eksim Ventures added to its investment portfolio in the first quarter of 2023.
“We made an investment of $14.5 million”
Eksim Ventures Investment Committee Member Ugur Mutluhan Oruncak, who made evaluations on the subject, said, “As Eksim Ventures, we focus on technology and people-oriented innovative ideas and business models with development potential, and we determine the startups that we will invest in line with these criteria.
Our investment budget for the ‘Fund I’ investment period 2021, 2022 and 2023 was $25 million. To date, we have invested in 8 startups in the fields of mobility, health, HR technologies and food, and 7 different funds in line with our investment thesis. For the year 2022, we examined more than 400 startups and held one or more meetings with 208 startups. We evaluated 58 startups before the investment committee and invested in 4 startups. In addition, we participated in 4 different funds, 2 of which were in the USA. As of the first quarter of 2023, we have made an investment of $14.5 million in total. We are happy to announce the results of our investments in technology startups and the point we have reached. In addition, we have crowned our 2022 efforts with the most active corporate VC of 2022 award, according to data-based research by Startupcentrum.”
“We aim to establish our new fund with the participation of different investors”
Oruncak, who gave details about the targets for the coming period, said, “We are planning to invest in 10 more startups in 2023. Thus, together with the budget we have allocated for follow-up investments, we will have directed our ‘Fund 1’ budget to investments completely. We are planning to establish a new fund in 2023 with the participation of different investors.”
Source: Egirisim / Prepared by Irem Yildiz