Turkey, March 5 -- IFC is investing $20 million in Revo Capital Fund III (Fund III), a venture capital (VC) fund focused on supporting early-stage technology companies in Turkiye and the Central and Eastern Europe (CEE) region to boost innovation and unlock sustainable growth.IFC's investment in Fund III aims to address early-stage funding gaps by channeling much-needed capital into startups with high growth potential. At least 70 percent of IFC's capital will be earmarked for Turkiye, up to 20 percent for the CEE region, and up to 10 percent for ventures founded by Turkish diaspora entrepreneurs. Fund III aims to invest in 25 early-stage startups by 2030, with a focus on AI-driven innovation in fintech, B2B software as a service (SaaS), cy...