Startup Landscape in Turkey

Turkey has over 31,641 startups across the country. Of these, 3.13K are funded companies that have collectively raised $25.7B in venture capital and private equity. The country is home to 3 unicorns. A total of 1,391 investors have participated in 2,916 funding rounds, with 122 startups securing early-stage funding and 51 raising late-stage funding. In the last five years, 2,708 new companies have been founded, raising over $343M in funding. Startups in Turkey have witnessed 502 acquisitions and 679 IPOs, while 4,908 startups wrapped up operations. Additionally, 508 companies have been founded by women.