2016 Q2 Tech Investments Report by startups.watch. The Report may not be modified, copied, distributed, republished, uploaded, posted, decompiled or transmitted in any way, without the prior written consent of Startups.Watch.

1. 2016 Q2/H1 Report
startups.watch
July 12 , 2016

2. DISCLOSURE
This report has been compiled for informational purpose only and should not be construed as a solicitation or an
offer to buy or sell securities in any entity.
The Report relies on data and insights from a wide range of public sources. Any of the data can be wrong since
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Neither startups.watch nor the sponsors/supporters are responsible for the information provided in this
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any way, without the prior written consent of Startups.Watch.

3. startups.watch
3FINANCING ROUNDS
$7,5M raised in 13 rounds.
- 2016 Q2, TURKEY
• $0,7M raised in 5 Angel rounds.
• $6,8M raised in 8 VC rounds.

4. startups.watch
4COMPARISON
QoQ
Investments,$M
2016-Q1 2016-Q2
7,5
26,5
-72 %
YoY
Investments,$M
2015-Q2 2016-Q2
7,5
15,2
- 51 %
72% decrease in amounts raised
38% decrease in # rounds (21→13)
51% decrease in amounts raised
7% decrease in # rounds (14→13)

5. startups.watch
5TOP VERTICALS BACKED BY INVESTORS
# rounds
SaaS
Marketplace
Advertising
2
33
Marketplace
SaaS
OnDemandMobile
Fintech
ImageProcess
0,5M
0,9M
1,0M1,0M
3,6M
Amount Raised ($)
- 2016 Q2, TURKEY

6. startups.watch
6HIGHLIGHTS - 2016 Q2, TURKEY
Turkish Growth and Innovation Fund (Fund of Funds - €200M) officially
launched
Troy (First and only payment scheme of Turkey) completed its first
transaction and been launched for use.
Paypal closed its operations in Turkey because of not getting licence from
local authority, BDDK.
Bolbol (meal delivery service and competitor of Yemeksepeti) closed its
operations after Yemeksepeti antitrust lawsuit.
4G LTE-A launched in Turkey.
220 startups established their company in 2016-Q1 after government grant,
BiGG.

7. startups.watch
7EUROPE VS TURKEY - 2016 Q2
Sources : https://www.slideshare.net/gdibner ; http://thenordicweb.com ; http://preqin.com ; http://xeler8.com ; http://pitchbook.com For bigger version of the map: http://bit.ly/TRq2map
Country Amounts Raised ($M)
US 20,217
China 16,700
India 1,500
Israel 1,364
Germany 728
UK 653
France 355
Spain 211
Sweden 189
Netherlands 153
Belgium 108
Denmark 92
Norway 71
Finland 65
Ireland 56
Switzerland 42
Italy 40
Poland 38
Austria 18
Portugal 9
Turkey 8
Estonia 7
Iceland 4
Serbia 2
Czech 2
Luxembourg 1
Greece 1
Slovakia 1
Europe

8. startups.watch
82010- 2016 - ALL QUARTERLY INVESTMENT ACTIVITIES
2010
Q1 Q2 Q3 Q4
2011
Q1 Q2 Q3 Q4
2012
Q1 Q2 Q3 Q4
2013
Q1 Q2 Q3 Q4
2014
Q1 Q2 Q3 Q4
2015
Q1 Q2 Q3 Q4
2016
Q1 Q2
$12,5M
$25M
$37,5M
$50M
Q1
2010 2011 2012 2013 2014 2015 2016
Q2
2010 2011 2012 2013 2014 2015 2016
Q3
2010 2011 2012 2013 2014 2015
Q4
2010 2011 2012 2013 2014 2015
$12,5M
$25M
$37,5M
$50M
Yemeksepeti, $44M
20
40
Amounts Raised # Deals
0
Amounts Raised
Yemeksepeti, $44M

9. startups.watch
9BIST PRIVATE MARKET
Similar to NASDAQ Private Market, Borsa Istanbul Private Market has been
providing liquidity, funding and investment opportunities to companies and
investors.
Private Market provides financial and legal counseling through its solution partners.
Total number of investments have reached 9 while the total financing amount has
summed up to 27 million TL.
It continues to grow with more than 350 members comprised of 210 companies
looking for investment opportunities and more than 100 qualified corporate and
individual investors.
https://www.bistozelpazar.com
- INTRODUCTION

10. About startups.watch
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Links
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Startups.watch is the leading market intelligence and analytics platform for investors
and business development specialists who are looking for data and insights about
Turkish startup ecosystem.
It’s founded in June 2015
It has customers and subscribers in 12 countries. (May 2016)