Istanbul, which was operating in Turkey on July 500, 2016, has shared a few updates on its new term targets. 500 Istanbul Managing Partner Rina Onur Şirinoğlu will add 20 jobs to 500 Istanbul 2017 portfolio.
500 Istanbul, which aims to close the first five of its 2017 investments in the first quarter, aims to have invested 100 invitations in the next 5 years. 500 Istanbul, which made investments in the entry level between 50-100 thousand dollars for the enterprises, allocated a fund of 15 million dollars to Turkey. Some of the initiatives that have contributed to this fund so far include Connected2 me, Adphorus, Udemy, MobileAction, Koding, MassiveBio, and Easy IK.
500 Startups Turkey fund 500 Istanbul emphasizes that investors’ continuity in Turkey does not stop investments after July 15th. The team notes that the number of initiatives they have invested in the five-month period since July 15 has reached 12.
500 Istanbul company is expected to take place in many more projects in Turkey. It is also appreciated that the company has not stopped its investments since July 15
The name of the company which is 500 Istanbul name 500 Startups is known as Turkey fund.