Startup Landscape in Turkey

Turkey has over 42,497 startups across the country. Of these, 3.43K are funded companies that have collectively raised $26.1B in venture capital and private equity. The country is home to 5 unicorns. A total of 1,443 investors have participated in 3,016 funding rounds, with 122 startups securing early-stage funding and 54 raising late-stage funding. In the last five years, 6,899 new companies have been founded, raising over $488M in funding. Startups in Turkey have witnessed 509 acquisitions and 849 IPOs, while 4,903 startups wrapped up operations. Additionally, 510 companies have been founded by women.