Turkey
Actera Group explores strategic options for Celebi Ground Handling
Several investors placed bids for the company in 2022 but mismatch in pricing didn't lead to a deal
Mediterra Capital marks inaugural exit from second fund with Paycore sale
Turkish GP's EUR 166m Fund II held a final close in 2018 and holds eight investments
Turkven exits MNG Kargo, expects partial exit from Mikro Yazilim
Turkish GP sold its majority stake in Turkish parcel delivery business and could make a second exit to PE-backed TeamSystem
Arcven Capital to raise debut VC secondary purchase fund with EUR 80m target
VC aims to provide liquidity to existing startup shareholders, investing EUR 200,00-EUR 2m at discounted valuations
Women in VC: Lima Ventures’ Argun on exit plans and gender-equal investing
Turkish VC firm manages three funds, including Alima, which helps its portfolio companies attract global investment
Women in VC: Arya Ventures’ Serter on debut gender-balanced fund and supporting female founders
Launched in October to back Turkish female-founded startups, the angel network's first vehicle has raised its target to USD 15m after reaching USD 10m goal
Finberg seeks to add up to USD 10m to Fiba Opportunity Fund
Turkish VC aims to attract commitments starting at USD 250,000 from institutional investors for fintech and retail tech-focused vehicle
Getir’s early-stage backer Re-Pie seeks new financial investors
Turkish asset manager seeks potential investors that can also engage in co-investments following its 3% stake sale
Azimut-backed Lycian heads for debut fund first close in Q1 2023
New Turkish PE could reassess investment strategy and hard cap goal after receiving backing from asset manager late last year
Idacapital targets close to USD 30m for impact fund
Turkish VC seeks to raise USD 5m every six months for new rolling investment vehicle
Revo Capital preps third fund for 2023 launch
VC firm aims to raise USD 75m-150m from private and public investors including blue-chip institutional LPs in Europe, MENA and US
Getir plans new funding round for H1 2023
Fast grocery delivery group could fetch a valuation above the USD 10bn-plus of its last round
212.vc sets EUR 90m hard-cap for third fund
B2B tech-focused VC firm expects to reach a EUR 30m-40m first close for the fund by the end of Q1 2023
500 Emerging Europe set for EUR 70m fund close by year-end
Turkish VC’s second early-stage vehicle has so far received more than EUR 50m in commitments
DCP set for final close on EUR 45m growth fund this month
Turkish VC’s second fund received commitments from 10 LPs including anchor investor EIF
Re-Pie to raise single-asset fund for Muslim fashion retailer
Turkish GP will onboard investors to the fund until 31 May; proceeds will back Modanisa’s expansion
Getir backer Re-Pie launches EUR 70m VC fund
Re-Pie Ventures 1 plans to hold a first close by the end of 2022, general partner Mehmet Ali Ergin said
Bogazici Ventures to establish three pre-IPO VC funds
Turkish GP looks to raise a total of USD 17m to deploy in biotech, gaming and fintech late-stage startups
Getir to raise more than USD 1bn at USD 12bn pre-money valuation
Getir raised a total of USD 1.1bn in three consecutive rounds in 2021
Turkven, Earlybird to reduce Mikro Yazilim stakes in upcoming IPO
Mikro Yazilim, a Turkey-based software company, intends to float a 54.34% stake on Borsa Istanbul
Turkven expects Turkey Growth Fund IV final close in mid-2022
Previous fund held a final close in 2012 with capital commitments of USD 840m
VC firm 212 to deploy EUR 32m in two years, gears up for exits
Sponsor has already deployed EUR 17m in 13 investments from its EUR 49m second fund
Finberg to raise USD 25m for new IFR fund
Turkish corporate VC firm backed by Fibabanka and Fiba Group moves toward third-party funding
Lycian Capital aims to raise USD 100m, expects first close in Q4
Soft marketing kicked off in Q3, with Lycian currently receiving commitments from investors in Turkey