Turkey Left Behind The Europan Countries İn Startup Invesment

Turkey has left behind many European countries in the investments to startup economy After Getir and Dream Games, 10 more unicorns are on the way in the startup ecosystem

Turkey has broken a new record in the investments to startup economy in 2021. The amount of investment made in the last 10 years has been realised in a single quarter this year. Against the amount of incoming investment worth USD 736 million in the last 10 years, 63 startups have received an investment worth USD 764 million in the second quarter of this year, and 129 Turkish startups have received an investment worth USD 1.3 billion in the first six months of 2021. As a result, Turkey has elevated to the league of billion-dollar investment in the investments to the startups, leaving behind many European countries. After Getir and Dream Games, 10 more unicorns are on the way in the startup ecosystem. In the second quarter, Turkey ranked 8th in Europe and 2nd in the Middle East and North Africa in terms of angel and VC investments. When the investments in the second quarter are compared, it is seen that Turkey received much more investments than many European countries such as Finland, Norway, Austria, Denmark, Ireland, Italy, Belgium, Poland. Turkey, which was in the second investment league with an amount of investment worth USD 29 million in the second quarter of the last year, has elevated to the top of the first league. Looking at the angel investment per capita and venture capital investments, an investment of USD 8.8 per capita has been made in Turkey in the second quarter of 2021. According to this data, it can be seen that Turkey has left behind the countries such as Italy, Greece, Portugal, Russia, Poland.