Istanbul

The VC ‘Scramble for Europe’ breaks out in the East as a €70M fund breaks cover

There is a fight emerging in Central and Eastern Europe, and all the way down into the South Eastern regions. Investors such as Inovo, Credo, LauncHub, Vitosha, VentureFriends, and Marathon VC are all

Hotel giant IHG blames cyberattack for booking systems outage

IHG runs 6,000 hotels in over 100 countries and serves more than 150 million guests each year.

Turkey’s Spyke raises $55M in a seed round to bring a social twist to casual mobile games

Istanbul has become a city to watch when it comes to casual gaming startups, boosted by the likes of Peak (acquired by Zynga for $1.8 billion) and Dream (valued at $1 billion in a funding round last y

Opontia gets $42M to buy more e-commerce brands in Eastern Europe, Middle East and Africa

E-commerce roll-up play Opontia launched in June, raising $20 million in debt and equity to acquire older, small e-commerce brands in the Middle East and Africa. Today, the company confirmed to TechCr

Dream Games raises $155M at a $1B valuation as its Royal Match puzzle game hits a royal flush

Istanbul in Turkey continues to prove itself as very fertile ground for casual gaming startups, which appear to be growing from small seedlings into sizable trees. In the latest development, Dream Gam

The Robinhood competitor landscape intensifies as Invstr raises $20M

One of the biggest gripes about investing apps is that they are not acting responsibly by not educating users properly and allegedly letting them fend for themselves. This can result in people losing

Zynga completes its acquisition of hyper-casual game maker Rollic

Zynga announced in August that it would be acquiring Istanbul-based Rollic, developer and publisher of hyper-casual gaming hits like Go Knots 3D and Tangle Master 3D. Today, it says the deal has close

Google Maps gets improved Live View AR directions

Google today announced a few updates to Live View, the augmented reality walking directions in its Google Maps app that officially launched last year. Live View uses your phone’s camera and GPS

Meditation app Meditopia secures $15M Series A co-led by Creandum and Highland

The COVID-19 pandemic continues to impact us in ways that stretch well beyond our physical health, and one side effect of that in the tech world has been a surge of attention for apps that address men

Mexico City’s Jüsto raises a $12 million bridge round for its delivery-only grocery stores

Jüsto, the Mexico City-based, delivery-only grocery store chain, has raised another $12 million in financing as it looks to expand its now pandemically relevant business of “dark stores”

Zynga acquires Turkey’s Peak Games for $1.8B, after buying its card games studio for $100M in 2017

Today, some news of a huge acquisition out of Turkey that represents the first billion-dollar-plus exit for a startup out of the country. Social gaming company Zynga confirmed that it is buying Istanb

Startup Turkey, in its 8th year, reveals a vibrant Turkish startup ecosystem

In its eighth year, Startup Turkey, a gathering of 600, is one of the country’s premier startup events.

Founder Institute Quietly Expands Into The Middle East, With Focus On Supporting Female Entrepreneurs

Talk to <a target="_blank" href="http://500.co/">500 Startups'</a> Dave McClure about what's important for his seed fund and accelerator going forward and, it's not just about finding and supporting w