It is good to be a startup these days!
Summer brought a new wave of investment for startups all over the world. Maybe it is really true that good weather makes people more positive and ready to take risks. With the sales of the Apple Watch in steep decline, startups are growing rapidly and investors are keen to make investments all over the world.
French startup VideoStitch just raised $2.25 million from Alven Capital for its video editing software solution. This isn’t your average video editing software, as the company is able to output a live 360 feed using multiple action cameras, making it perfect for virtual reality headsets.
Whipclip, the makers of a mobile application that lets you quickly (and legally) share clips from favorite TV shows and music videos, has closed on $40 million-plus in Series C financing, the company announced July 8. The oversubscribed round was led by asset management firm, Eminence Capital, and included participation from existing investors, Institutional Venture Partners and Raine Ventures.
GlassesGroupGlobal, a Kuala Lumpur-based eyeglass retailer founded by a former Rocket Internet executive, is eyeing expansion across Asia and Europe with its recently closed $3 million Series A. The round was led by Caixa Capital and Nova Founders Capital, and angel investors including Toivos Annus, Uwe Kolb, and Siegfried Drueker.
Meet Talent.io, a new take on engineer recruitment companies. Talent.io isn’t your average headhunting agency and has opted for a more scalable model that should work for both engineers and tech companies. Three months after its beta launch in France, the company just raised $2.2 million (€2 million) from Alven Capital, Elaia Partners, Ventech, and business angels such as Oleg Tscheltzoff and Olivier Sirven from Fotolia, Céline Lazorthes from Leetchi and Thierry Petit from Showroomprive.
These are just a few examples of investment news that you can find on the first page of techcrunch’s startup section.
The story is almost the same in Turkey too. Many startups are finding money easier than ever, thanks to institutions like Galata Business Angles, 212, e-Tohum, Revo Capital and Aslanoba Capital.
Hasan Aslanoba juts made an investment to kapgel.com. He invested $500,000 for 25 percent of the company. Kapgel brings whatever you want to wherever you want.
The demand and behavior of the customers is changing too fast for big companies to tap into in time. Startups are better at that. They are usually born into what people want right now and the near future. Therefore, investors see it more feasible to invest into startups instead of buying stocks of old fashioned businesses, even though only one tenth of the startups live through the fifth year and even less make meaningful profits.
For a country like Turkey, this is very good news. If we can focus on entrepreneurship, we can bypass entry barriers and can find investments globally. I hope that the next government will notice this trend and act accordingly.