News Category: Investments

  • One of the largest pre-seed investments to date in Turkey: Synnada raises $2.6M

    Founded by Mehmet Ozan Kabak and Sami Can Tandoğdu in December 2021, Synnada.ai is building low-touch, self-contained ML systems to facilitate robust, high accuracy alerts that drive mission-critical actions in streaming data environments, aimed at eliminating alert fatigue in data-driven workflows. Synnada.ai is headquartered in Austin, Texas, and also has an R&D center in Ankara.

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  • Spotawheel raises €100M to deliver pre-owned vetted cars right at your doorstep!

    Greece-based Spotawheel, which provides a tech-driven circular economy platform for pre-owned cars, has raised a Series B of €100M. As one of the largest markets in value, used cars is primarily an offline industry lacking transparency as well as centralized control on the fragmented seller structure with numerous dealers and private sellers using basic listing […]

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  • Yolda

    Yolda keeps on trucking with $5 million bridge round!

    Istanbul-based freight tech startup Yolda has pulled into the petrol station to tank up with a $5 million bridge round. Since raising $1.9 million in a seed round back in June 2021, Yolda has been growing at full speed in Turkey, making strides in growing cross-border orders and establishing its operations in Germany. Since inception, […]

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  • Y Combinator and MIT Startup Oda Studio raises $2.8M seed round

    A photo is worth a thousand words, and a highly relevant & quality optimized photo, significantly more. Oda Studio is a visual commerce platform that optimizes photos for quality and presentation, stages photos and allows platforms to feature their products. We believe Oda’s technology has a wide range of applications from real estate to e-commerce […]

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  • Tarfin raises $8M pre-Series B bridge round

    Tarfin, a digital agriculture platform that offers quick and flexible financing options to farmers through a Point of Sale (POS) network, provides farmers with easy access to agri-inputs through more than 800 partner agri-dealer locations in over 70 cities. To date, the company has supplied and financed more than 80 million USD of agricultural inputs […]

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  • Teleporter receives bridge funding at a valuation of $12M

    The Silicon Valley-based metaverse startup Teleporter, founded by Dilara Kececi and Aslan Yerdelen, creates a virtual platform where gamers from all over the world can come together in a VR universe to play many different games together, participate in various digital events from e-sports to casual gatherings, and make movie nights together. Dilara & Aslan […]

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  • AloTech raises $3M funding led by Collective Spark

    Customer service in call centers is often deemed annoying. The level of dissatisfaction of disgruntled customers is elevated when they cannot resolve their issues with call center agents. Such frustration leads to complaints and sometimes bad PR — resulting in churn and loss of future revenue for companies. While call centers are on the front […]

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  • Veloxia raises $3M to expand beyond idle mobile games!

    We are more than happy to announce our first gaming investment in Veloxia, a mobile game development studio committed to developing and publishing innovative games in exciting genres.  

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  • Tarfin raises $5M Series A for its smallholder lending app!

    Our first portfolio company Tarfin, the agriculture fintech startup based in Turkey, has raised $5 million in its Series A investment round with participation from Wamda. Founded in 2017 by Mehmet Memecan, Tarfin provides farmers with access to agricultural inputs at affordable prices and payment terms by combining traditional supply channels with technology and financial […]

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  • UserGuiding raises $1.1M in seed funding

    UserGuiding, a San Francisco based startup that provides a solution to improve product adoption rates through ‘no coding needed’ interactive user onboarding flows, has raised $1.1m in seed funding round. Founded by Osman Koc and Muhammet Enginar, UserGuiding helps web applications show their value propositions by helping them improve user onboarding experience with a no-code […]

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  • App Samurai closes $2.4M Series A funding

    App Samurai, the global mobile growth platform, have successfully closed an investment of $2.4 million in Series A funding. App Samurai enables mobile apps to grow sustainably and incrementally with a portfolio of products including a user acquisition platform (App Samurai), real-time mobile ad fraud detection and prevention solution (Interceptd), and an in-app engagement solution […]

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  • Prisync raises $1.1 million seed to help ecommerce businesses automatically track their competitor prices

    Istanbul-based SaaS startup Prisync has raised $1.1 million in a seed funding round led by Collective Spark with the participation of Berlin-based ESOR Investments, the startup announced in a statement to MENAbytes. Founded in 2013 by Burc Tanir, Samet Atdag & Neslihan Sirin Saygili, Prisync enables ecommerce businesses of all sizes to automate competitor price tracking and price […]

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