13 Jun 2024
TURUNÇ has advised Boğaziçi Ventures on its investment in Mükellef (known as Workhy internationally), an online platform that allows entrepreneurs to manage company formation and financial processes. APY Ventures, 3dots, Sistem Global, ANKA Ventures and Finberg also joined the round. Boğaziçi Ventures is a leading Turkish Capital Markets Board-regulated venture capital fund focused primarily on...
15 Apr 2024
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,...
03 Apr 2024
TURUNÇ has advised Wellbees, a Turkish-U.S. corporate well-being platform with an international customer base, on its bridge financing round led by Sabancı Ventures. 212, Enocta and angel investors also participated in the round. The TURUNÇ team included Kerem Turunç, Beste Yıldızili Ergül and Canberk Taze. Please see here for more information (in Turkish).
27 Mar 2024
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;...
19 Mar 2024
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...
14 Mar 2024
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.
12 Mar 2024
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 article 6), sensitive personal data...
11 Mar 2024
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. [Güncelleme: Kanun 12 Mart 2024...
11 Mar 2024
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...