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Today: September 8, 2024
August 30, 2024
1 min read

TT Ventures Supports Innovative Startups Committed to Sustainability


TLDR:

  • Türk Telekom’s venture capital arm, TT Ventures, is investing in sustainability-oriented startups, supporting the global trend towards environmentally friendly solutions.
  • Regulatory changes in Türkiye are expected to accelerate progress in sustainability-focused investments, with TT Ventures contributing to the growth of innovative startups in this sector.

Türk Telekom’s venture capital arm, TT Ventures, is increasing its engagement with the startup ecosystem, focusing on sustainability and environment-oriented initiatives. Global investments in startups offering environmentally friendly solutions have been on the rise, with around $30.3 trillion invested in sustainable assets worldwide. Türkiye is expected to make regulatory changes that will further boost investments in sustainable technologies.

In recent years, startups in the sustainability and environmental sectors have received significant investments, fueling growth and innovation in these areas. TT Ventures is supporting the growth of innovative startups by investing in companies like Evreka, a smart waste management company dedicated to digitalizing waste management processes. Other startups in Türk Telekom’s Pilot accelerator program are also contributing to environmental sustainability with their solutions.

TT Ventures is committed to elevating Türkiye in the global tech arena by supporting startups focused on sustainable technologies. The company aims to leave a more livable world for future generations by investing in initiatives that address environmental challenges and reduce carbon emissions. Startups like Optiyol, GreenLink, and Workybe are actively working on solutions to lower carbon emissions, improve waste efficiency, and integrate sustainability into logistics processes.

Mastercard has also launched the Lighthouse program in Türkiye, an accelerator designed to support fintech startups and connect them with investors and business partners. The program focuses on key areas such as cybersecurity, sustainability, and SME solutions. It aims to elevate local startups to international standards and contribute to Türkiye’s innovation journey in the global fintech industry.

Additionally, Türkiye’s largest private lender, Işbank, continues to support startups through programs like the Workup Gaming Program. This initiative aims to accelerate and scale startups in the game technologies field, leveraging Türkiye’s competitive advantage in this sector. With partners like WePlay Ventures and DOMiNO Ventures, the program offers training, business development support, and investment opportunities for startups in the gaming industry.


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