March 19, 2024
Turkey ranked 3rd in MENAPT for VC investments from 2018 to 2023, and it now boasts a total of 7 unicorn startups. The ascent of Turkey's startup ecosystem follows a decade of cultivating talent, fostering innovation, and building investor confidence. Explore Turkey's startup success stories, such as Peak Games reaching a valuation of 1.8 billion USD in 2020, or Trendyol, valued at 15 billion USD and leading the MENA region in mobile commerce. Watch this video now to learn more!
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In 2023, Egypt's startup ecosystem faced setbacks despite a stellar 2022. Global VC winter, inflation, and currency devaluation posed challenges. Yet, optimism persists for 2024 investments.
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