TURUNÇ has advised Gelecek Etki Fonu (Future Impact Fund) on its investment in Onlayer, a provider of onboarding, monitoring, compliance management tools for banks and payment service providers. Maxis, Global Trust Ventures and individual investors also joined the round. Gelecek Etki Fonu is a Capital Markets Board-regulated venture capital fund...

TURUNÇ has advised Boğaziçi Ventures on its investment in GameChanger Worldwide, a Korea-based company specializing in gaming-specific IP extension platforms. 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,...

TURUNÇ has advised Gelecek Etki Fonu (Future Impact Fund) on its exit from Mega Fortuna, a developer of mobile gaming discovery and loyalty platforms. The buyer was Aonic, a Sweden-based Sweden-based a diversified video gaming group. TURUNÇ had also represented Gelecek Etki Fonu on its investment in Mega Fortuna in...

The Turkish Industry & Business Association (TÜSİAD), Turkey’s most influential business association, held an event in Ankara on January 30, 2025 to promote its report on the Turkish entrepreneurship ecosystem. The event was attended by market participants, the public sector representatives and the media. The report, entitled “Türkiye: A Leading...

We are pleased to announce that Founding Partner Noyan Turunç has been recognized for the third year in a row as a leading practitioner in Lexology Index: Franchising 2024. First published in 1996, Lexology Index identifies and endorses preeminent private practitioners around the world in numerous areas of business law...

TURUNÇ has advised Boğaziçi Ventures on its follow-on investment in Fiber Games, a hyper casual games-focused game development studio. Arz Portföy also joined the round. TURUNÇ had also advised Boğaziçi Ventures on its initial investment in Fiber Games. Boğaziçi Ventures is a leading Turkish Capital Markets Board-regulated venture capital fund...

TURUNÇ has advised Groupe Atlantic, a France-based global HVAC (heating, ventilation, and air conditioning) company, on obtaining the approval of the Turkish Competition Board for its %50 acquisition of Eneko Havalandırma, a producer of high efficiency ventilation and air conditioning devices. The closing of the transaction recently took place. The...

We are pleased to announce that Beste Yıldızili Ergül and Naz Esen have been promoted to Managing Associate. Both lawyers have been with the Firm since their graduation from law school, and bring a wealth of complementary experience with them. Beste Yıldızili Ergül is an employment, data privacy and intellectual...

TURUNÇ has advised Gelecek Etki Fonu (Future Impact Fund) on its investment in Novus, a provider of customizable, on-premise AI and LLM solutions for enterprises. Sabancı Ventures, Inveo Ventures and other investors also joined the round. Gelecek Etki Fonu is a Capital Markets Board-regulated venture capital fund managed jointly by...