Startup Landscape in Turkey

Turkey has over 34,485 startups across the country. Of these, 3.4K are funded companies that have collectively raised $25.9B in venture capital and private equity. The country is home to 4 unicorns. A total of 1,422 investors have participated in 2,958 funding rounds, with 122 startups securing early-stage funding and 52 raising late-stage funding. In the last five years, 3,980 new companies have been founded, raising over $433M in funding. Startups in Turkey have witnessed 507 acquisitions and 769 IPOs, while 4,909 startups wrapped up operations. Additionally, 511 companies have been founded by women.