What happened in the startup ecosystem this week? 03

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 meets the needs of customers, and proper management of its financial resources. Building a startup therefore requires a great deal of risk and dedication, but can offer significant rewards when it succeeds. Let’s see what happened in the startup ecosystem this week.

Also See: Green-Got Receives €5 Million Investment

Startups that received investment

Turkish blockchain startup Metatime has received an $11 million investment from Kalyon Ventures, Türk Telekom Ventures and Halkbank under the leadership of Yıldız Tekno Venture Capital Investment Trust. Click for more information.

Replit is an IDE startup developing an AI-powered tool that generates code called Ghostwriter. It raised nearly $100 million in funding this week. Click for more information.

HIVED, a sustainable package delivery startup, has raised €11.2 million in a Series A investment round. Planet A Ventures led the €11.2 million investment round for the London-based logistics startup. Click for more information.

Techsign, which works on digital signature and authentication, announced that it has received an investment from Papara at a valuation of 30 million. Click for more information.

Turkish mobile game startup Frantic Games raised 2.4 million dollars in a pre-seed investment round. Click for more information.

Engineering Intelligence startup SPREAD announced the completion of a $16 million Series A funding round led by HV Capital with participation from existing investors Cavalry Ventures. Click for more information.

Energy Dome, which works in the renewable energy sector, announced that it received 44 million dollars in Series B investment round. Click for more information.

Linktera startup received its 100 million TL investment from Letven Capital, a Venture Capital Portfolio Management company. Click for more information.

The French startup Green-Got is implementing a scaling strategy by combining crowdfunding and venture capital investments. The company has raised €5 million. Click for more information.

HockeyStack received an investment of 500 thousand dollars from Y Combinator upon their acceptance to the program. Click for more information.

Alison has now raised an initial round of $5.1 million from investors including a16z, Crescendo Venture Partners and yellowHEAD. Click for more information.

What’s new this week

Nivogo can be called a success story extending from Turkey to the world. Nivogo has managed to be among the top 13 circular economy startups in the world. Click for more information.

The E-Commerce and software sector meeting, which directly concerns 600 thousand businesses, was organized in cooperation with the Electronic Commerce Association and the Ministry of Trade. Click for more information.

Oniki organized the E-Commerce and E-Export conference, which was realized with its innovative concept supported by artificial intelligence, under the leadership of Denizli Chamber of Commerce. Click for more information.

Triwi has developed a smart bra for women to check their breast health more regularly. With this work, Triwi is transferring the advantages of technology to the health sector. Click for more information.

The scientists recently published a paper in Nature Neuroscience exploring using AI to non-invasively translate human thoughts into words in real time. Click for more information.

PwC US announced plans to invest $1 billion over the next three years to expand its artificial intelligence (AI) services and bring them to more clients. Click for more information.

US-based Sierra Nevada is a technology company specializing in commercial orbital transportation, nanotechnology, space systems, microsatellites, tele-medicine and energy. Click for more information.

The world’s largest multi-use power line will be built under the North Sea. It will increase the UK’s energy supply by enough to power 1.8 million homes. Click for more information.

Amazon CEO Andy Jassy revealed yesterday during the company’s first quarter earnings call that Amazon is creating a more “generalized and capable” language model (LLM) to power Alexa. Click for more information.

Chips are among the most important needs for future technologies. Companies that know this opportunity continue to make investments in this direction. Bosch, one of Germany’s leading companies, has made a giant investment in the United States. Click for more information.

Sadriye Görece, known for the BlindLook application she developed for the visually impaired, was among the Best Women Entrepreneurs in Europe. Click for more information.