FundedIQ

Funded Other Startups in Turkey

Disclosed round sizes in this Turkey “Other” set cluster mostly between $300K and $3M, but one outlier stands out: BiLira’s $3M Seed (2022-04-21) is the to…

Disclosed round sizes in this Turkey “Other” set cluster mostly between $300K and $3M, but one outlier stands out: BiLira’s $3M Seed (2022-04-21) is the top disclosed amount, and it sits above the next-largest disclosed rounds such as Hungri Games’ $2M Seed (2023-08-23) and the two $1M rounds (OTOVINN on 2022-05-23 and Augmency on 2021-06-03). On timing, the 14 rounds span 2021-02-20 (BARAKATECH, Seed, $500K) through 2025-02-14 (FINSMART AI, Seed, $40K), with a heavy concentration in 2022: at least 7 entries fall in 2022, including multiple $1M–$3M disclosed rounds (e.g., BiLira $3M on 2022-04-21; Fuudy $300K on 2022-08-15; OTOVINN $1M on 2022-05-23).

Geographically, Istanbul dominates, appearing as the city for most entries (e.g., FINSMART AI 2025-02-14; Fuudy 2022-08-15; TikTak 2021-08-16), while a smaller set includes Ankara (e.g., BARAKATECH on 2021-02-20; UDO Games on 2022-09-01) and Izmir/Bakirkoy/Alasehir/Manisa. Stage classification is mixed: 9 of 14 rows include a named stage (Seed/Angel/Secondary Market), while 5 of 14 are blank for stage and 3 of 14 show “undisclosed” amounts.

Most recent rounds

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Frequently asked

Which disclosed round is the largest in this Turkey “Other” list, and how does it compare to other disclosed amounts?

BiLira’s $3M Seed round (2022-04-21) is the largest disclosed amount in the 14 rows. The next-largest disclosed rounds are Hungri Games at $2M (2023-08-23), and several entries are far lower, including $1M rounds (OTOVINN on 2022-05-23 and Augmency on 2021-06-03) and smaller disclosed amounts like FINSMART AI’s $40K (2025-02-14).

Do these rounds cluster by time, or are they spread evenly across the date range shown?

They are not evenly distributed: at least 7 of 14 entries have round dates in 2022 (for example, BiLira $3M on 2022-04-21; OTOVINN $1M on 2022-05-23; Fuudy $300K on 2022-08-15; Trader Bag $100K on 2022-11-08). The full span runs from 2021-02-20 (BARAKATECH, Seed, $500K) to 2025-02-14 (FINSMART AI, Seed, $40K).

Is any city over-represented among these “Other” startups, and does the location pattern differ by company?

Istanbul is the dominant city across the list (e.g., FINSMART AI on 2025-02-14; Fuudy on 2022-08-15; TikTak on 2021-08-16; Webee on 2021-06-24). Outside Istanbul, smaller pockets appear in Ankara (BARAKATECH on 2021-02-20, $500K; UDO Games on 2022-09-01, undisclosed) and Izmir (Trader Bag on 2022-11-08, $100K).

How much of the dataset is missing stage and/or amount disclosures, and does that affect interpreting “largest round” comparisons?

Stage is blank for 5 of 14 rows (e.g., Webee on 2021-06-24 with $700K; Augmency on 2021-06-03 with $1M; FINSMART AI is labeled Seed, but others like Webee/ Augmency omit stage). Amounts are “undisclosed” for 3 of 14 rows (Delivers AI on 2024-06-03; UDO Games on 2022-09-01; Petopy on 2022-08-12), so comparisons about the “largest” rely only on the disclosed amounts.

Which stages show up most clearly, and are there multiple late-stage/alt-venture classifications beyond Seed?

Seed is the most consistently labeled stage among the named ones (e.g., FINSMART AI 2025-02-14, $40K; Hungri Games 2023-08-23, $2M; BiLira 2022-04-21, $3M). Angels appear twice (Usersdot on 2021-08-25, $300K; TikTak on 2021-08-16, $3M), and there is one Secondary Market entry (UDO Games on 2022-09-01, undisclosed).

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