Entrepreneurs, investors and Technopark executives from Turkey attended the largest event in Europe technology This week’s conference, encouraged by record Capital, the Turkish startup environment managed to make this happen attract this is year despite of global headwind.
About 26 startups gathered at booths coordinated by the Presidential Finance Office at the Web Summit, one of The world’s largest technology Meetings held in The Portuguese capital, Lisbon, from Tuesday to Friday.
more than 70,000 people Was expected to gather for The four-day conference and related eventsThe first full- Scale edition since 2019 after the outage of coronavirus pandemic.
Web Summit brings together startups and investors business Leaders and speakers expand the agenda.
The Turkish startup ecosystem raised a record amount of DC so far this year In spite of challengesincluding global Slower in Financing that threatens the industry’s prospects.
Companies stumble because of supply chain problems trade Disputes between the United States and China, falling profits and creaking business modelsAnd a broader economic recession has sent investors and consumers fleeing.
talks with Investors
a record 1.49 billion dollars (27.75 billion Turkish liras) in Investments across 208 deals flowed into Turkish startups from venture capital funds, private Equity funds and companies led by venture capitalists from january to september, up From 1.44 billion dollars a year earlier, according to industry watcher Startups.watch data.
Investment is guaranteed made Turkey is the third largest receiver of capital in The gaming industry in The world.
Turkish startups, investors and public Enterprise representatives were at the top of the web joined Written by Turkey’s Ambassador to Lisbon Lil Ulker and Managing Director of the Arda Ermut Wealth Fund.
The Turkish kiosk next to these of pioneer global Companies, including Intel, Siemens and Google, aim to inform visitors and investors about latest research and the opportunities offered by the Turkish startup system.
Turkish companies are in talks with Among the investors in the conference were the main participants in gamingE-Commerce, financial technology and deep technology.
More than 70,000 attendees
benefit in This year has been a high peak, and proven by fact It’s sold out out Almost three weeks before kicking it off.
Pay the organizers’ attention to expand the exhibition area To the maximum of 204,386 square meters.
“the size of this is year’s event Paddy Cosgrove, CEO of Web Summit said: “The event space in maximum capacity we welcome more Exhibitors, startups, speakers and investors more than ever.”
“We are so happy to be back to me full ability and appearance forward to continue growing in “The coming years,” Cosgrove said.
More startups and business Share partners in this is year’s event More than ever. exhibition area of Web Summit has been sold out out six weeks ago event. achieved growth of 57% compared to 2019.
