TT Ventures, A venture Affiliate capital company of Turkish leading information and communication technologies Türk Telekom continues its activities with with the aim of contributing to growth of Entrepreneurial ecosystem in Country.
The company reached an agreement with Portfolio Management in Istanbul set up “TT Ventures Venture Capital Investment Fund”, which has been approved by the Turkish Capital Markets Board (SPK).
Mohammed Ozan general manager of TT Ventures emphasized its continued efforts to open doors of growth for Startups and Türkiye Carry In future By expanding the entrepreneurial ecosystem.
“In this directionWe launched the TT Ventures Venture Capital Investment Fund, in What will the Türk Telekom group do? also is being one of investors. We believe that our fund specifically aimed at participating of Locals and foreigners, very important for Turkish venture environmental system. We aim to invest in technology oriented startups with high growth potential,” Ozan noted.
In addition, we aim to provide a strategy and financial Benefits for the fund’s investors creating long-term the value with The support offered by group and the impetus that strategic synergies will bring. This fund is first column of our investment strategyAnd we aim to reach global level structure with our new steps in this is area in near future,” he is added.
the support for more Startups
With the TT Ventures Venture Capital Investment Fund, TT Ventures, which aims to enrich its investment portfolio, is looking to present an opportunity for raise more money than venture capitalists, angel investors, global financial Institutions and other investors.
In addition, thanks to the fund, TT Ventures will be able to invest in more Startups with flexible investment models.
established in 2018 as a company venture capital company of Türk Telekom and TT Ventures . were set up For early and mid-stage startups to grow with The support and investment of Türk Telekom and to provide value to venture environmental system. I invested in 13 companies so far.
