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2023 - Q3 Turkish Startup Ecosystem Funding Report

Report Type: Investment Report
Target Market: Turkey
Versions: Free
Languages: English, Turkish
Release Date: October 09, 2023

In the last quarter of 2023, 81 startups received a total of $59.7 million in investment. Compared to the third quarter of 2022-2023, although the number of investments remained at similar levels, the investment amounts decreased.

The gaming, finance, and artificial intelligence sectors stood out as the verticals receiving the most investments.

During the occurrence of 81 investment rounds, a minimum of 131 investors participated. Among these investors, 59 were individuals who were also part of angel investment networks, while the remaining 72 were institutional investors.

Updates (11.10.23 - 15.00):

  • Some typos have been fixed.

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