During my attendance of Techstars Community Program Summit, Startup Weekend MENA, and Startup Istanbul I got the chance to witness what Turkey offers as an entrepreneurial ecosystem. Here are 7 interesting facts I have put together:
1) The excellent location of Turkey in the middle of East and West, and the stability that the country has compared to its neighbors makes Turkey a platform for both regional and global startups.
2) Delivery Hero, Berlin Based food delivery has acquired Turkey’s Yemeksepeti for $589 million which considered to be the biggest exit in the Turkish ecosystem, and probably MENA.
3) Iyzico, a Turkish online payment system that raised the largest investment fund in the country in Series A and B, with more than $9 Million in total since it was founded in 2012.