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...

TURUNÇ has advised Lightspeed Venture Partners, a U.S.-headquartered global venture capital fund, on its investment in Intenseye, an AI-powered workplace safety platform. The TURUNÇ team included Noyan Turunç, Kerem Turunç, Esin Çamlıbel, Beste Yıldızili Ergül and Naz Esen. Please see here for the press release.

The Turkish Parliament has recently enacted significant amendments (the “Amendments”) to the Turkish Personal Data Protection Law (“PDPL”). We present below a summary of these Amendments, which will enter into force on June 1, 2024. 1. Processing of Sensitive Personal Data[1] 1.1 Current Legislation According to the current legislation (PDPL...

2 Mart 2024 tarihinde Türkiye Büyük Millet Meclisi’nde kabul edilen Ceza Muhakemesi Kanunu ile Bazı Kanunlarda Değişiklik Yapılmasına Dair Kanun (“Kanun”) ile 6698 sayılı Kişisel Verilerin Korunması Kanunu’nda (“KVKK”) önemli bazı değişikler ve yenilikler yapılmıştır. Kanun henüz Resmî Gazete’de yayımlanmamış olmakla birlikte, değişikliklerin 1 Haziran 2024 tarihinde yürürlüğe girmesi öngörülmüştür....

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...

Managing Partner Kerem Turunç will be one of the speakers at the Artificial Intelligence Summit organized by Boğaziçi Ventures. The event, which will be held on February 27, 2024 in Istanbul, will bring together industry experts, investors and entrepreneurs. The summit will boast panel discussions on the current state of...

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...

TURUNÇ has advised Ascential plc on the sale of its global consumer trends forecasting and product design business WGSN to funds advised by Apax Partners LLP for a total enterprise value of up to £700 million (subject to customary closing adjustments). Ascential a specialist information, data and analytics company listed...

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...