Turkcell, which has established its own mutual fund in the past months, announced that it has invested in three important initiatives with this fund so far. These initiatives were announced as EasyCep, Barikat Cyber Security and Procenne.
Turkcell, in order to invest in startups that came to the fore and have the potential to develop in Turkey last March. Re-Pie Portfolio Management Inc. Turkcell New Technologies Venture Capital Investment Fund (Turkcell GDP) had established. Since the establishment of this fund, the company has announced in its statement shared today. three major investments announced that he had signed.
According to the shared statement, Turkcell GSYF, refurbished phone and electronic device provider EasyCepoperating in the field of information security Barikat Cyber Security and develops products in the field of digital security and password technologies. to Procenne invested. Important statements regarding the investments came from the management team of the fund:
The investments made and their goals were shared:
Turkcell Investor Relations and Corporate Finance Director, who gave information about the investments made with the Fund so far. Ali Serdar Yagcishared their funds and goals as follows:
“In this direction, we made our first investment in EasyCep, which operates in the field of consumer electronics renewal and sales, especially smart phones. Investing in an initiative that offers the consumer by renewing electronic devices, which is one of the most concrete examples of the circular economy, is in line with Turkcell’s sustainability goals.
Our second and third investments are in the field of cyber security, which we consider as a priority. While rapidly digitizing daily lives and business processes make individuals and institutions more vulnerable to cyber attacks, information security has become an operational necessity rather than a strategic priority. In this context, as Turkcell GDP, we invested in Barikat, one of the leading names in information security, aiming to strengthen the Turkish cyber security ecosystem and increase exports in the sector. We believe that the cooperation with this investment will bring a breath of fresh air to our country’s cyber security ecosystem, with Barikat’s ability to meet different cyber security needs and Turkcell’s field strength.
In line with the fact that cyber security needs are an indispensable element in the digitalizing world, we invested in Procenne, a manufacturer of digital security and encryption technologies, with the aim of presenting innovative products and services to the world market with a Turkish brand. To ensure the security of the cyber world, Procenne meets critical needs such as encryption, cryptology and digital signature with its domestic Hardware Security Module (Hardware Security Module) devices developed by itself.
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