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Magfi, a software as a service provider that uses AI and machine learning to enable simultaneous advertising across Discord and Telegram communities, has raised $1.1 million in seed funding.

[FUNDING NEWS] Turkey-Based Magfi has Secured $1.1 Million in Seed Round...

Team SR -
At a valuation of $700 million, Citicorp North America Inc. led a group of investors in Turkey's fintech company Colendi, which obtained an additional $65 million in fundraising.

[FUNDING NEWS] Turkey-Based Colendi has Secured $65 million in Fresh funding

Team SR -
Apparel Group, a major retail company, partnered with Koton, Turkey's top fashion brand.

Turkey-Based Koton has Partnered with Apparel Group

Team SR -
Grand Games, an Istanbul-based mobile gaming startup that creates social games, has raised $3 million in seed money. Not only that, but four months after its founding, the business soft-launched its first game.

[FUNDING NEWS] Turkey-Based Grand Games Secures $3 Million in Pre-Seed Funding

Team SR -
The Series B investment round of Turkish fintech start-up Colendi raised $65 million, raising the company's worth to $700 million. Citi Ventures led the round, with participation from Finberg, Hedef Holding, Sepil Ventures, Re-Pie Asset Management, and Migros Ticaret AS.

[FUNDING NEWS] Turkey-Based Fintech Start-Up Colendi Secures $65 Million in Funding

Startup Rise -
Turkish AI-based SaaS startup Lumian has secured $3.2 Mn Pre-Seed Funding from DOMiNO Ventures and Ismail Ferhat Özlü. With the funding, Lumian intends to grow its presence in the market for AI-driven energy management solutions and boost sales volume in Germany and Turkey.

Lumian Secures $3.2 Mn Pre-Seed Funding

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