In the first half of 2023, Türkiye’s startup ecosystem attracted $211 million in investments across fintech, gaming, and artificial intelligence (AI), as reported by Startups.watch. The fintech sector led with $97.1 million from 91 investment rounds, followed by gaming at $72.4 million and AI at $12.6 million. According to Baris Ozistek, CEO of Bogazici Ventures, gaming remains a strong sector, while AI needs to gain traction. Notably, Türkiye ranks among the top 10 in the EMEA region for startups. Ali Karabey of venture capital firm 212 emphasizes that despite global market fluctuations, fintech and AI are central to transaction volumes, with investors focusing on robust business models. The $211 million investment surpasses figures from Romania and Bulgaria but trails Poland and Czechia. Ozistek points out that integrating AI is crucial for enhancing competitiveness, particularly as interests in AI-driven solutions increase.
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