Büyütech Receives $4 Million 230 Thousand Investment

Büyütech, which designed the cameras of the Turkish car brand Togg, has completed its new investment round. The Turkish startup announced that it received a total investment of 4 million 230 thousand dollars. Many investment funds participated in Büyütech's round. The valuation of the Turkish startup after the investment reached 28 million 230 thousand dollars. With the latest investment round, the Turkish startup will move towards becoming a national brand. The investment capital of the Turkish startup's factory in Gebze is over 2 million euros.

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Büyütech will expand its factory

The Turkish startup will expand its factory with the investment it has received. At the same time, it aims to develop new products and become a technology giant in the international arena. The Turkish startup previously received an investment of 2.5 million euros from a company called Farplas in 2021. After this investment, the factory in Gebze started its activities. The factory has an annual production capacity of 800,000 units. Togg's camera systems are being developed in the factory in Gebze.