Startup Landscape in Turkey

Turkey has over 39,393 startups across the country. Of these, 3.41K 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 1,437 investors have participated in 2,986 funding rounds, with 122 startups securing early-stage funding and 53 raising late-stage funding. In the last five years, 5,637 new companies have been founded, raising over $483M in funding. Startups in Turkey have witnessed 508 acquisitions and 828 IPOs, while 4,906 startups wrapped up operations. Additionally, 511 companies have been founded by women.