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Deniz Ventures, the VC arm of DenizBank, and Qatar-based Rasmal Ventures co-led a USD 7.6 million investment in TeamSec, an AI-powered securitization platform. This strategic investment will enhance AI-driven financial solutions, boost efficiency and transparency in securitization, and accelerate TeamSec’s expansion across the MENA region. With backing from Deniz Ventures, Emirates NBD, and Rasmal Ventures, TeamSec is poised to revolutionize traditional financial processes as Türkiye continues to be the nexus of innovation. Read more at https://lnkd.in/dNYttNxc. #Türkiye #NexusoftheWorld #fintech #AI #venturecapital #MENA

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Turkish venture capital fund Revo Capital recently announced the $86M first close of Revo Capital Fund III. Fund III will continue Revo Capital’s 12-year mission to transform Turkey’s engineering talent into “category-leading global businesses by combining hands-on operational support with growth capital for high-potential Series A and B technology startups”. While Fund III will focus on FinTech, the fund will also introduce energy and gaming as other dedicated verticals. Fund III will make initial investments of up to $5M, with a focus on leading or co-leading series A rounds. Revo Capital will also have a dedicated “Seed Pocket” to target pre-seed and seed-stage companies with between $250-500K initial investment sizes. Revo has totaled $180M across its first two funds and has invested in 40 tech startups and achieved 17 successful exits to date. Curious to see what companies Revo Capital will pursue next. Follow #MoreMark for #Business content in #Gaming, #Esports, and #Creators!

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Let's have a look at the VC and startup scene in Türkiye. The growth is impressive. Here’s what you need to know. 1) Ecosystem Expansion: Türkiye's startup ecosystem has grown 9x since 2019. It now holds a value of over €40 billion. This makes it the fastest-growing startup ecosystem in EMEA. Startups founded after 2020 have already created €4 billion in value. 2) Startup Landscape: There are 1,000+ VC-backed startups in Türkiye. The main strengths lie in Enterprise Software, Fintech, and Gaming. New areas like AI, Deep Tech, and Health/Life Sciences are emerging fast. 3) Venture Capital Trends (2024): In 2024, Turkish startups raised €1.2 billion in VC. Most funding came from a few big rounds. Notable raises include Insider (€454M), Intenseye (€58M), and Colendi (€59M). VC funding has surged 9.7x since 2019, the highest in EMEA. Türkiye ranks 15th in EMEA by VC amount and 6th in AI VC investment. 4) Deep Tech, AI, Health: Record investments flowed into Deep Tech, AI, and Health in 2024. Top startups in these areas include MicroAlgaex, Qubitrium, Hiwell, and Livzym. 5) Investor Dynamics: US investors led late-stage deals in 2024. Turkish investors are strong in early-stage rounds. Since 2018, over 60 VC funds have received support through public-private programs. 6) Ecosystem Recycling: Alumni from successful unicorns like Getir, Dream Games, and Insider are now starting new ventures. The power law is clear: about 70% of total VC funding has gone to just 5 startups since 2020. 7) Challenges: Late-stage capital is hard to find. The ecosystem needs more Series B+ funds. While there is high potential in hardware and deep tech, these areas remain underfunded. Türkiye is changing from a "copycat" market to an innovation hub. Global investors are taking notice. With strong government support and a talented workforce, the future looks bright. To keep growing, Türkiye must focus on increasing late-stage capital, supporting hardware ventures, and improving founder support systems. Credit to Dealroom.co for the report! Join thousands of founders and VCs who receive these insights in my biweekly newsletter (and find the link to the report) at https://lnkd.in/eUw_cJjP 🚀 —————— What are your thoughts on this? 💭 💬 Agree? Disagree? Let me know in the comments 👍 Like 🔔 Want to see more? Follow 👨‍💻 Igor Curic, CFA, MBA ♻ Useful for your network too? Repost

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iyzico, one of Turkey’s leading fintech platform, is now powered by Medianova. iyzico processes millions of transactions every day for thousands of businesses — from fast-growing startups to major enterprises. Trusted by millions for secure digital payments, iyzico needed a CDN partner that could keep up with its scale, performance expectations, and growing traffic demands. By switching to Medianova’s high-performance CDN platform, iyzico ensures faster load times and high availability — all while improving user experience across web and mobile. iyzico is ready to deliver smooth, reliable, and secure digital experiences at scale. #iyzico #medianova

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