EBRD supports early-stage innovation in Turkiye
Turkey, April 30 -- The European Bank for Reconstruction and Development (EBRD) is investing US$ 15 million in Revo Capital Fund III, a venture capital fund focused on supporting early-stage technology companies in Turkiye and central and eastern Europe.The fund will concentrate on investments primarily in B2B SaaS (business-to-business software as a service), fintech, cloud operations and security, health information technology (IT), energy and gaming. Investing in such innovative, early-stage companies withTurkish founders and/or with research and development (R&D) teams based in Turkiye helps them to become more competitive, which in turn enables the development of cutting-edge technologies and digitally enabled business models.The EBRD ...
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