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Turkey Roundup: Top 5 Funded Startups in H1 2024

By Lucidity Insights Research Team October 10, 2024

Turkey Roundup: Top 5 Funded Startups in H1 2024

In Lucidity Insights' Half-Year Roundup of 2024, we highlight the most funded startups from Turkey's vibrant startup ecosystem, focusing on the gaming, fintech, and eCommerce sectors. Despite the regional trend toward larger, later-stage investments, Turkey's startup scene saw a surge in early-stage funding, with Getir, the e-grocery and quick commerce unicorn, leading the pack with a $250 million Series round.

Other notable startups include Spyke Games, a mobile gaming company that raised $50 million, and Midas, Turkey's leading fintech app, which secured $45 million in its largest-ever Series A. The roundup also highlights the rapid growth of fintech and gaming in Turkey, with Sipay and Mixer Games making significant strides in these sectors.