TURUNÇ authored the Turkish chapter of Lexology Panoramic’s Venture Capital 2024 title. The contributing lawyers were Kerem Turunç, Esin Çamlıbel, Yasemin Erden, Naz Esen and Beste Yıldızili Ergül. The publication, previously known as Getting the Deal Through, is a comparative guide of the legislation relating to venture capital investments in 11 jurisdictions. In addition to Turkey, the jurisdictions covered by guide are Austria, China, Denmark, India, Japan, South Korea, Sweden, Switzerland, Taiwan and the United Arab Emirates. The editor is Curtis L. Mo of DLA Piper. An interactive version of the guide is available on Lexology’s website. You can download the Turkish chapter here. Please see our Publications page for other downloads. Reproduced with permission from Law Business Research Ltd.

TURUNÇ was ranked once again by The Legal 500 in the guide’s EMEA 2024 edition, which researches law firms by country and practice area in the EMEA region. In a testament to its diverse practice areas, the Firm was ranked in seven areas: Banking, Finance and Capital Markets; Commercial, Corporate and M&A; Competition; Dispute Resolution; Intellectual Property; and IT and Telecoms. Below are some excerpts from the publication’s editorial and client testimonials: Transparency, trustworthiness, proactive approach, commercial awareness and international know-how … No other firm in Turkey comes close to TURUNÇ’s international experience. “Noyan Turunç is the only lawyer I call on for tough decisions.” “Noyan Turunç offers exceptional value to client needs with his commercial savviness and robust legal knowledge.” “Noyan Turunc is a great leader. He’s the one who designed this firm and the reason we originally engaged them.” First rate. No different from top US firms. Extremely well-versed in cross-border transactions. “Esin Çamlıbel is thorough, technical, communicative and comforting.” “Esin Çamlıbel stands out for her vast experience and ability to help the client navigate through complex concepts with ease.” The team is unique for its pleasant personalities and can-do attitude. “Kerem Turunç is truly an exceptional individual. He is unrivalled with his commercial understanding, legal know-how and international background.” “Kerem Turunç is the ultimate lawyer when it comes to technology. His international background and business acumen set him apart.” “Kerem Turunç offers alternative solutions and with his extensive experience comforts the client.” Highly dedicated and exceptionally good in terms of know-how, market practices, commercial approach and sectoral experience. “İltem Dokurlar’s Borsa background is very useful for capital markets work.“ “Gizem Günel is a star. She’s technical and very knowledgeable.” TURUNÇ is in a league of its own when it comes to technology. “Naz Esen is super diligent and always ahead of the deadlines.” “Beste Yıldızili Ergül excels at handling problems and instills confidence that things will be well taken care of.” Their pragmatism combined with their expertise and depth of know-how is unique. Their track record is impeccable and the commercial benefit to clients is priceless.

TURUNÇ has advised Boğaziçi Ventures on its investment in Retter.io, a provider of products for faster backend development. Inveo Ventures also joined the round. Boğaziçi Ventures is a leading Turkish Capital Markets Board-regulated venture capital fund focused primarily on fintech, health tech, retail tech and gaming. The TURUNÇ team included Kerem Turunç, Yasemin Erden, Beste Yıldızili Ergül, Naz Esen, Övgü Kopal, Canberk Taze, Baran Ezeli and Batuhan Eraslan. Please see here for more information (in Turkish).

TURUNÇ has advised Gelecek Etki Fonu (Future Impact Fund) on its investment in PhiTech, a provider of AI-powered, multi-omics based diagnostic decision support for precision medicine. Other venture capital funds and angel investors also joined the round. Gelecek Etki Fonu is a Capital Markets Board-regulated venture capital fund managed jointly by Tacirler Asset Management, a leading asset management company and Vestel Ventures, the corporate venture capital arm of Vestel, one of the largest home appliances companies in Turkey and a group company of Zorlu Holding, a large Turkish conglomerate. The TURUNÇ team included Kerem Turunç, Esin Çamlıbel, Naz Esen, Beste Yıldızili Ergül, Övgü Kopal, Canberk Taze and Batuhan Eraslan. Please see here more information.

We are pleased to announce that Managing Partner Kerem Turunç has been recognized as a leading practitioner in Who’s Who Legal: Foreign Investment Control 2024, a guide which identifies the leading figures in the market who stand out internationally for their first-class work assessing foreign investment regulatory risk and managing foreign investment reviews globally, including transactions spanning a wide range of sectors. Kerem Turunç has also recently been ranked as a Thought Leader in the M&A chapter of Who’s Who Legal: M&A and Governance 2023. First published in 1996, Who’s Who Legal identifies and endorses preeminent private practitioners around the world in numerous areas of business law. We thank all of our clients and friends for their support.

According to data published by CEELMDirect, TURUNÇ partners Kerem Turunç, Esin Çamlıbel and Yasemin Erden were three of the five most prolific law firm partners in terms of reported Turkish deals in 2023. The three lawyers also made it to the top 15 in the entire Central and Eastern Europe (CEE) region. TURUNÇ was also in the top five of the Turkish law firms table. You can access the full story on the website of CEE Legal Matters, a publication covering law firm news and legal developments in the CEE.

TURUNÇ has advised Gelecek Etki Fonu (Future Impact Fund) on its investment in OctaiPipe, a UK-based end-to-end Edge AI platform optimised for creating, deploying, and managing machine learning solutions for industrial IoT. SuperSeed, Forward Partners, D2, Atlas Ventures, Martlet Capital and Deeptech Labs also joined the round. Gelecek Etki Fonu is a Capital Markets Board-regulated venture capital fund managed jointly by Tacirler Asset Management, a leading asset management company and Vestel Ventures, the corporate venture capital arm of Vestel, one of the largest home appliances companies in Turkey and a group company of Zorlu Holding, a large Turkish conglomerate. The TURUNÇ team included Kerem Turunç, Esin Çamlıbel and Naz Esen. Please see here more information.

TURUNÇ has advised Boğaziçi Ventures on its investment in Lokum Games, a mobile games development studio. APY Ventures and other investors also joined the round. Boğaziçi Ventures is a leading Turkish Capital Markets Board-regulated venture capital fund focused primarily on fintech, health tech, retail tech and gaming. The TURUNÇ team included Kerem Turunç, Esin Çamlıbel, Yasemin Erden, Beste Yıldızili Ergül, Naz Esen, Övgü Kopal, Canberk Taze and Baran Ezeli. Please see here for more information (in Turkish).

TURUNÇ has advised Boğaziçi Ventures on its investment in Toon Metal Games, a mobile gaming company. Boğaziçi Ventures is a leading Turkish Capital Markets Board-regulated venture capital fund focused primarily on fintech, health tech, retail tech and gaming. The TURUNÇ team included Kerem Turunç, Yasemin Erden, Beste Yıldızili Ergül, Naz Esen, Övgü Kopal, Canberk Taze and Baran Ezeli. Please see here for more information (in Turkish).