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Turkish industrial diamond maker secures $12.8 million in financing

by Ruslan Burak
July 3, 2023
in Technology
2 min read
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One of The most important in Turkey progress material technology players Received an investment of 12.5 million euros (about 12.8 million dollars) in finance round Led by Isis Private Equity.

Appsilon produces diamonds in Lab environment Looking forward to latest capital to accelerate research And the development (R&D) and enhance its production capacity. She seeks to expand the range global Presence in field.

Appsilon co-founder and CTO Taylan Erol confirmed that they are excited to be a diamond development firm technologies And to be able to market depth technologies they have developed at same time of technology transformation of diamond market.

We aim to achieve an important and strategic location in The global materials field together with our partnership with “Isa,” said Errol.

We develop joint projects with The most important universities and institutions in The world with our team of 30 people in our offices in Delft, Holland and Istanbul. We have become one of Important Diamond Suppliers in many fields such as quantum technologies and space Prospecting, Biotechnology, and Jewelery”.

“we want to strengthen both technologies and us market By expanding our website team in Next period “.

For its part, Esas Private Equity said the company is “proud of it support Turkish engineers who Show the outstanding success in field of advanced materials and Appsilon, one of The world’s leading producing diamond manufacturers in Lab environmentwithin the limits framework of our goal of investment in technology-based initiatives in our country.”

During the partnership process, the two consultants were Moroğlu Arseven Law Partnership and Dutch CORP of Appsilon, while BTS Law Partnership, Bird & Bird international The law firm and PricewaterhouseCoopers (PwC) advisors were of ISAS Private Equity Company.

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