TURUNÇ has advised Boğaziçi Ventures on its investment in Kavaken, an AI-based energy sector-specialized customer data and asset performance management company. Re-Pie Venture Capital also joined the funding round. Boğaziçi Ventures is a leading Turkish Capital Markets Board-regulated venture capital fund focused primarily on fintech, health tech, retail tech and...

TURUNÇ was ranked once again by The Legal 500 in the guide’s EMEA 2022 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...

We are pleased to announce that Yasemin Erden has joined TURUNÇ as a partner. Yasemin Erden is a seasoned M&A expert with many years of experience in cross-border and domestic transactions involving multination companies, Turkish conglomerates, and Turkish and international investment funds. Her sector experience is broad and includes, among...

TURUNÇ has advised Boğaziçi Ventures on its investment in Producter, an all-in-one software production management tool. HiVC, a regulated venture capital fund 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...

TURUNÇ authored the Turkey chapter of Lexology Getting the Deal Through’s Private Equity (Transactions) (2022) title. The contributing lawyers were Noyan Turunç and Kerem Turunç. The publication is a comparative guide of the legislation relating to private equity transactions in 18 jurisdictions. In addition to Turkey, the jurisdictions covered by the 2022...

TURUNÇ has advised Boğaziçi Ventures on its investment in New Direction Gaming (NDG Studio), a hyper casual games-focused game development studio. 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, Gözde...

TURUNÇ client Netcad has filed for an initial public offering (IPO) of its shares on Borsa Istanbul, Turkey’s national stock exchange. Turkey’s Capital Markets Board and Borsa Istanbul must both approve the IPO. Netcad is a software development company specializing in geographical information systems (GIS) and computer aided design (CAD)....

TURUNÇ has advised Inveo Portföy on the formation of a new venture capital fund called Adventures, which has recently received approval from the Turkish Capital Markets Board. The fund’s primary areas of focus will be transportation, mobile technologies, mobility as a service (MaaS), fintech, healthcare, e-commerce, education and hardware. The TURUNÇ team...

TURUNÇ has advised Logo Ventures and TechOne, Turkey-focused regulated venture capital funds, on their investment in Evreka, a waste management platform. The Technology Development Foundation of Turkey and Fark Labs also participated in the funding round. The TURUNÇ team included İltem Dokurlar, Gizem Günel, Gözde Kıran and Alperen Demir. Please...