Author: Işıl Akpınar

Startups, unlike traditional businesses, are established with the goal of rapid growth and often take risks and receive a large amount of investment. These investments are used to accelerate the growth of the business and they often develop projects that focus on technological innovation. However, the survival and growth of startups is often a challenging process. Entrepreneurs have to constantly improve their product and business model, impress their customers and satisfy investors in order for their business to succeed. A successful startup is achieved with a team that believes in and is excited about its product, a business model that…

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Biyaku, Turkey’s first Sexual Wellness App, received another $80,000 investment. Founded by Bora Öğünç, co-founder of Bikafalar, Pub Story and Fatma Gamze Kiremitçi, co-founder of Hypeup, Taxim Pilates and Flex By Taxim, Biyaku aims to increase users’ libido and discover their own sexuality through daily meditations and exercises. Especially in recent years, increasing distraction and focusing problems, environmental stimuli and stress have become one of the important problems as they cause negative effects on sexuality. Biyaku, which is designed by going on this, finds solutions to these problems through the application. Biyaku, which means aphrodisiac in Japanese, includes practices developed…

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San Francisco-based startup Scribe has secured $25 million in a Series B funding round to further develop its innovative approach to knowledge management. Scribe’s $25 million investment round included New York Life Ventures, Amplify Partners, Tiger Global and XYZ Ventures. Scribe aims to unlock the corporate memory trapped inside employees by automating the capture and documentation of internal processes and create a scalable system for sharing expertise. Jennifer Smith, CEO and co-founder of Scribe, explained that the idea behind the company is to simplify the process of recording and sharing information. Instead of relying on traditional methods such as company…

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Italian app developer Bending Spoons has raised $155 million in its latest round of equity financing as it prepares to make more acquisitions. Durable Capital Partners led the company’s $155 million investment round. Italy-based Bending Spoons’ investment round included Baillie Gifford, Cox Enterprises, NB Renaissance, NUO Capital and StarTIP. The funding round increased Bending Spoons’ post-money valuation to $2.55 billion. The Italian company has already begun acquisition plans this year, acquiring event platform Meetup last month. In 2022, Bending Spoons announced the acquisition of popular note-taking and task management app Evernote. Following this acquisition, Evernote ceased operations in the US…

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Flower Labs, a pioneer of innovation in unified learning technology that has made a significant leap forward for the world of artificial intelligence, recently announced a massive $20 million financing. This San Francisco-based startup is now on a fast track. It is aligning with tech giants like Google and Meta. Flower Labs received its investment in a Series A round led by Felicis. First Spark Ventures, Factorial Capital, Beta Works, Y Combinator, Pioneer Fund, Mozilla Ventures, Hugging Face CEO Clem Delangue and GitHub co-founder Scott Chacon participated in the investment round. It should be noted that the valuation of the…

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In a remarkable financial boost for the emerging technology company Antithesis, $47 million was secured in seed funds. Its market capitalisation has also increased to $215 million. This investment move represents a triumph for the software testing startup that emerged from the creative think tank of Will Wilson, a well-known entrepreneur whose previous venture FoundationDB joined the Apple family in 2015. Also See: Finom Receives Investment to Expand Digital Business Banking Solution Antithesis It harnesses the power of artificial intelligence to improve the software development process. The company’s AI-powered tools, under Wilson’s guidance, are pioneering the field of error detection…

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Finom, the Europe-based B2B fintech platform for SMEs and freelancers, announced that it has raised €50 million in a Series B equity financing round. According to the information detailed in the press release, the newly acquired funds solidify Finom’s position in the industry. It also underlines the demand for small and medium-sized enterprise (SME) financial services in a market dominated by large banks. The Series B funding round was co-led by Northzone and existing investor General Catalyst, with participation from Target Global, Cogito Capital, Entrée Capital, FJLabs and S16vc. Also See: Turkish Startup Pickies Receives Seed Investment Finom Launched its…

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The Pickies startup offers an easy, fast and secure ordering process for users and enables online payments and orders to be taken easily. According to the information obtained, the startup received investment from Hakkı Alkan, one of the important names of Turkey’s technology media. Digital transformation both facilitates human life and opens new doors for businesses to gain customers and provide more practical and faster services that offer more options. Digital transformation initiatives aim to facilitate these processes and spread them to a wide base with different applications. What do we know about the Pickies startup? It was founded by…

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Bob W, a short-term premium apartment rental marketplace, has raised €40 million in a Series B funding round. Bob W, founded in 2018 by Niko Karstikko and Sebastian Emberger, describes itself as a technology-driven full-service accommodation operator offering an alternative to hotels and other short-term apartment options. The Helsinki-based startup offers users more sustainable and smart home options. Unlike popular home rental platforms such as Airbnb, it lists some apartments under its own management and lists them on its platform. Also See: Nucleus Security Receives $43 Million in Series B Financing Bob W serves in 17 European Countries Bob W’s Series…

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Cybersecurity startup Nucleus Security announced that it has raised $43 million in Series B financing led by Arthur Ventures and Lead Edge Capital. This milestone marks a significant advance in the company’s mission to redefine how organisations manage risks from vulnerabilities across their infrastructure, cloud and application portfolios on a single unified platform. Also See: What happened in the startup ecosystem this week? “We are Excited to Partner with Nucleus” We are very excited to announce our continued partnership with Nucleus Security at this stage of tremendous growth. The company has emerged as an innovation leader in vulnerability and risk…

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