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Investment fund to support gaming entrepreneurs in Turkey announced: can receive investments from all over the world!

  • May 3, 2024
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It is undoubtedly one of the fastest growing sectors in Turkey. gaming industry. We continually saw companies receiving huge investments. Now a development has taken place that could

It is undoubtedly one of the fastest growing sectors in Turkey. gaming industry. We continually saw companies receiving huge investments. Now a development has taken place that could have a very positive impact on the gaming industry in our country.

The aim is to support entrepreneurs in the field of digital gaming with an event in Istanbul. PlayGate venture capital investment fund It was announced that it had been established.

The fund, which will be open to both local and global investors, aims to reach TL 750 million.

The investment fund opened its doors 11 months ago to entrepreneurs in the gaming industry. Starting gate It was founded in collaboration with Aktif Portföy. The company, which backs many local gaming companies from Noko Games to Wendigo Games, from Misclik Games to Pigeon, stated that the startups it backed reached a valuation of $52 million in less than a year. It was stated that it is believed that the new investment fund will become the largest investment fund in the region with a large number of participants, thereby taking over the power of the sector.

This is evident from the statement of StartGate CEO Cihat Durmuş, PlayGate Venture Capital Investment Fund up to TL 750 million in the medium term. is intended to be delivered. So it aims to invest in entrepreneurs in gaming and gaming technologies and to accelerate the sector in our country. Both the fund To all investors, both local and global It was also added that it will be open. In this way the aim is to attract investors, especially from abroad.

Türkiye scores high in gaming investments

Durmuş stated that Turkey is emerging in the world, both in terms of players and developers, and that it is also one of the leading investment areas in the sector. According to the statement, Türkiye will be the first in Europe in terms of transaction volume in investment deals in 2023. 5thin the number of transactions 1st ranked next.

Source: Web Tekno

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