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By Lucidity Insights Research Team • January 29, 2025
What's Driving Turkey's Unicorn Boom?
In 2020, Turkey celebrated its first unicorn, marking a new era in its startup ecosystem. Since then, Turkey has produced seven unicorns, driven by world-class software designers and strategic government initiatives. Notable unicorns include Peak Games in gaming, Getir in ultra-fast grocery delivery, and Papara in fintech. Turkey's vibrant tech scene, fueled by $4 billion in investments, continues to grow with the ambitious goal of 100,000 tech startups by 2030. Discover the stories behind these unicorns and the factors driving Turkey's rise as a startup powerhouse.
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MENAPT saw a remarkable 83% increase in VC funding in October 2024, with top startups like Anan, ONE ZERO, AFS, Zenity, and Port leading the charge.
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Discover the top-funded startups in Turkey's H1 2024 and get insights into the fast-growing sectors shaping Turkey's startup ecosystem.
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Discover Turkey's meteoric rise in the global startup arena! Join us on a captivating journey through its vibrant ecosystem, fueled by innovation, unicorns, and groundbreaking achievements.
Did you check these out?
Grand Games Attracts $30 Million in One of Turkey’s Largest Game Investments
By Staff Writer • January 13, 2025Turkey’s 7 Unicorns: Biggest Names Until Q3 2024
By Lucidity Insights Research Team • October 16, 2024Inside Turkey's Unicorn Boom: What’s Driving its Startup Success?
By Nazmia Nassereddine • October 13, 2024The Top 5 Most Funded Startups in Turkey (H1 2024)
By Lucidity Insights Research Team • September 24, 2024The Top 10 Most Funded Startups in Turkey in 2023
By Nazmia Nassereddine • August 01, 2024VC Investments in Startups Based in Turkey 2010-2023
By Lucidity Insights Research Team • March 11, 2024Key Milestones of Turkey’s Startup Ecosystem
By Lucidity Insights Research Team • February 20, 2024Turkey's Path to Unicorn-dom
By Pierrick Ribes • February 19, 2024
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