Crowdfunding Platform Basefunder Receives Investment

Basefunder, a crowdfunding platform, announced that it has received an investment at a valuation of $7.5 million. Basefunder, founded by Mehmet Dolgan in 2022, currently operates as a crowdfunding platform operating on a share-based basis. The platform completed all preparations for "Borrowing-Based Crowdfunding" activities within the framework of the regulations published in 2021 and applied to the Capital Markets Board.

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Basefunder Continues to Help Entrepreneurs

Changing competitive dynamics make it imperative for startups to quickly access financial resources and accelerate their growth processes by utilising these resources. Basefunder brings Turkish startups together with individual and institutional investors through its secure online platform, not only accelerating the growth of startups, but also enabling everyone to become a partner in startups as an investor. Basefunder, which continues its activities as a crowdfunding platform, announced that it completed an investment round in June. Participants in the investment round include Jamal Fayoumi, Nezih Sipahoğlu, Yahya Acun and Ertan Aksu, as well as some angel investors.

Basefunder's equity-based crowdfunding activities have so far seen three out of five startups successfully complete their crowdfunding rounds without any problems. The other two startups are still in the funding process. One of the startups still in the funding process is Kampüsfon. The startup enables educational institutions, alumni associations and foundations to manage their dues, donations, scholarships and fundraising processes. Another startup that continues its work in the funding process is Torock. The startup produces foldable e-scooters.