土耳其的初创企业和风险投资状况

Page/ 2Source: Dealroom.co. Includes companies HQ and/or founded in Türkiye. *Sectors overlap between each other.What you need to knowTürkiye has grown thefastest among EMEAʼsleading ecosystemsTürkiyeʼs combined ecosystem value nowsurpasses €40B, growing 9x since 2019EV growth of EMEA ecosystems, 2019-2024 Türkiye has a pipeline of1,000+ VC backedstartupsStrengths in Enterprise software, Fintechand Gaming. AI, Deep tech and Health aregaining tractionVC backed startups in Türkiye by segment* Türkiye saw record VCinvestment in AI, Deeptech and Health in 2024Notable mega and breakout rounds raisedby Insider (AI), Intenseye (AI/Deep tech),MicroAlgaex (Health/Deep tech)VC investment raised by Turkish AI startups Page/ 3Source: Dealroom.co. Includes companies HQ and/or founded in Türkiye. *Sectors overlap between each other.Scope of the reportWhat is a startup?Startups are companies designed togrow fast. Generally, such companiesare VC-investable businesses. Onlycompanies founded since 1990 areincluded in this report. Throughout thereport, “startup” is used to commonlyrefer to all subtypes of eligiblecompanies, including startups, scaleupsand unicorns. Regional scopeWhile many startups founded in theTürkiye relocate beyond their borders,most maintain business-critical ties totheir homelands.In order to take this reality into account,the first chapter of this report includesboth startups based in Türkiye, whichmaintain their main center of business(HQ) in their region of origin, andstartups originally founded in theseregions but later relocated their HQselsewhere.Please refer the methodology section at the end ofthis report for more details on our approach. Power law outcomesPower law outcomes classify companiesby valuation and revenue milestones:Unicorns:Startups that reachedUS$1B+ valuation or exited at this level.Decacorns:A subset of unicorns valuedat US$10B+.Thoroughbreds:Startups generatingUS$100M+ in revenueThey may be counted as part ofmultiple categories, as many unicornsalso qualify as thoroughbreds, and alldecacorns are unicorns. Accessible to anyone, to providedata transparency, learn aboutthe ecosystem, measure KPIs,promote startups.» view onlinexA jointly launcheddedicated open-accessdata platform for theTürkiye tech ecosystem xExplore Turkish startupsmapped across adetailed industrytaxonomy 1The rise of Türkiye tech2Ecosystem today3Outlook Page/ 7Türkiyeʼscombinedecosystem valuenow surpasses€40BStartups founded after 2020have already created €4B invalueIt took until 2019 for theentire Turkish ecosystem toreach that milestone Page/ 8Türkiyeʼs startupecosystemsoared above€35B in 2021,driven bysuccessesTrendyol, DreamGames, and GetirTrendyol was valued at€15B in 2021, following a€1.4B fundraise 3 yearsafter its acquisition byAlibabaDream Games and Getirbecame unicorns in 2021 Page/ 9The Turkishecosystem hasgrown more than9x since 2019,the fastestamong EMEAʼsleadingecosystems Page/ 10Power law outcomes***Türkiye has a strong pipeline of VC-backed startups, with most still at early stagePre-funding companies*VC backed startups, by stage**± 130Turkishstartupsraise their firstVC round each yearsince 2021950»Early(€100K–15Mtotal funding)47»Breakout(€15M–100Mtotal funding)7»Late(€100M+ totalfunding)29%36%21%15%% Turkish VC backed companies out of total VCbacked companies in MENA8»Source: Dealroom.co.* Startups that have not yet raised VC investment. They typically include newly founded companies and those in theprocess of raising their first funding round. **Includes companies HQ and/or founded in Türkiye, launched after 1990, which have receiveda VC investment round. ***Startups with valuation above US$1B or which have achieved a US$1B+ exit. Page/ 11Türkiyeʼsecosystem isdriven byenterprisesoftware, fintechand gamingA promising pipeline is alsoemerging in health, deeptech, and AI Turkish startups mapped by segment Page/ 13Former employees of Turkish successes turn to entrepreneurship, shaping thenext generation of startups in Türkiye and abroadStartups founded by founders/employeesof Turkish $1B+ companiesSource: Dealroom.co. The logos shown are not exhaustive but a discretionary selection of the startups in the category. For simplicity, not allconnections between founders and companies are shown. In several cases, founders have worked at multiple unicorns or successfulstartups, but only a subset of those links is illustrated in this format for visual clarity. 1The rise of Türkiye tech2Ecosystem today3Outlook Page/ 15Turkish startupsraised €1.2B in2024Late-stage fundingdeclined, whilebreakout-stage investmenthit a record high Page/ 16Top roundsraised by Turkishstartups in 2024» view online Page/ 17VC investment inTürkiye grew9.7x between2019 and 2024The highest growth amongEMEA peers Page/ 1815th in EMEA by VC investmentin 2024 (2nd in MENA)Source: Dealroom.co. VC investment for startups HQ and/or founded in each respective ecosystem. 6th in EMEA by AI VC investmentin 2024 (2nd in MENA)