Startups

Turk Telekom PILOT 8th term start-ups have received investments

According to the statement made by Turk Telekom, PILOT, which is the first corporate initiative acceleration program implemented by the sector and has just completed its 8th term, graduated 73 start-ups so far; 30 of these initiatives preparing to open up to the world received investments.

Turk Telekom invested in 4 start-ups in PILOT graduates including TT Ventures, a corporate venture capital firm. Barış Karakullukcu, Deputy General Manager for Strategy, Planning and Digital in Turk Telekom stated that agile technology initiatives starting with small formations give direction to the world economy. Karakullukcu said:

‘’ Turkey has a great potential in this regard. As Turk Telekom, we focus on revealing this potential and supporting initiatives with our knowledge and financial resources. We and TT Ventures invest in various fields, especially in the health, education and energy sectors; we invested in DoctorTurkey, Turkey’s first online health services platform, to Virasoft, a local software company providing services in the field of digital pathology, to MentalUP, which offers personalized educational intelligence games for children, and to Eltemtek, providing consulting services for Turkey’s engineering and public and private organizations in critical energy infrastructure projects. ‘’

Turk Telekom also continues to offer innovative products and services to its customers by collaborating with PILOT graduate start-ups. In this context, TT Payment and Electronic Money Services Inc. signed an agreement “Sanction Scanner” of PILOT, which provides a security solution for detecting crime revenues, with the 8th term graduates.

30 start-ups receiving investments focus on areas such as artificial intelligence, education and health technologies, virtual reality, cloud-based applications, mobile applications, developer applications, e-sports and e-commerce.

source: AA / translated by Melisa Karayusufoglu

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