Page 27 - TURKRptNov22

5.2 FDI
A total of 74 startups in Turkey raised $97mn in 3Q22, according to a report from StartupCentrum.
Major M&As in Turkey
Date
Sold
Stake
Price
Buyer
Seller
Oct-22
Kartaltepe (Copler gold mine)
30%
$150mn
SSR Mining (Nasdaq/SSRM)
Lidya Madencilik (Calik Holding)
Oct-22
Figopara
22%
$11mn
L2G, Abdul Latif Jameel (ALJ/Saudi Arabia), IFC, Eczacibasi Momentum, Finberg, Isbank (ISCTR) Maxis Yenilikci, Logo Yazılım (LOGO), Sabanci Ventures (SAHOL), ScaleX Ventures, TechOne, Turkey Development Fund (TKYB/KLNMA)
Series A
Oct-22
Rabobank Turkey
100%
AGREEMENT
Liberyum (BtcTurk)
Rabobank (Netherlands)
Oct-22
Celik Halat (CELHA)
70%
€27mn
Atas, Betatrans
Dogan Holding (DOHOL)
Oct-22
2mn m2 land in Istanbul
full
$100mn
Atas, Betatrans
Dogan Holding (DOHOL)
Oct-22
Gorillas (Germany)
RUMOUR
TALKS
Getir
-
Jun-22
SyberCode
-
€15mn
TUV Austria
capital increase
Oct-22
Hyve Fuarcilik
full
GBP8mn
ICA (JV) Limited (UK)
Hyve Group (London/HYVE)
Sep-22
Zorlu Enerji (ZOREN)
12%
$38mn
Wren (Kuwait Investment Authority)
Zorlu Holding
Sep-22
ZES (Zorlu Energy Systems)
50%
$50mn
Wren (Kuwait Investment Authority)
Zorlu Holding
Sep-22
Oplog
-
€11mn
Esas Ventures
Seed round
Sep-22
Rosier (Belgium)
98%
€35mn
Yildirim Holding
Borealis (Austria)
Q4-2022
Telform
100%
-
Lejofors (Beijer/Stockholm/BEIA-B)
-
Sep-22
VavaCars
-
$37mn
Vitol (Switzerland)
Series C
Sep-22
Eurasia Tunnel (Avrasya Tuneli Isletme/ATAS)
25%
$160mn
Qatar Investment Authority (QIA)
SK(Seoul/034730)
Jun-22
Fimple
-
$2mn
APY (Albaraka/ALBRK), Tera Portfoy, KT Portfoy
Pre-seed round
Sep-22
Armut
merger
€15mn
ProntoPro (Italy)
merger
Q4-2022
VHS Plastik
100%
-
Assa (Stockholm/ASSA-B)
-
Aug-22
Procenne
-
$8mn
Turkcell (TCELL) Yeni Teknolojiler
Corporate round
Aug-22
BGC Partners Menkul
100%
-
Tera Yatirim
BGC (Nasdaq/BGCP)
Aug-22
Goztepe
70%
-
Sport Republic (UK, Solak/Serbia, Ankersen/Denmark)
Mehmet Sepil
Aug-22
Egeli Egesan
75%
-
Tyrolit (Austria)
-
Sep-22
Dagalti
100%
-
Azelis (Brussels/AZE)
-
Aug-22
Halilaga Gold Mine
40%
$22mn
Cengiz
Liberty (Toronto/LGD)
Aug-22
Aztek (AZTEK)
25%
TRY273mn
IPO
Owners
Aug-22
Hidropar (HKTM)
34%
TRY132mn
IPO
Owners
Aug-22
Kalyon Enerji
50%
$490mn
IHC (Abu Dhabi/IHC)
Kalyon Holding
Aug-22
Agave Games
-
$7mn
Balderton, Felix, 500 Istanbul
Seed round
Jul-22
Sakarya EDAS (Akcez)
50%
-
Baskentgaz (BASGZ) - Torunlar Group
CEZ (Prague/CEZ)
Jul-22
Noriel (Romania)
full
-
Sunman (Toyzz)
Enterprise Investors (Poland)
27 TURKEY Country Report November 2022 www.intellinews.com