TechAnkara Project Market 2018 — Startup Law Seminars at Ankara Development Agency
On November 8, 2018, hosted by Ankara Development Agency, as part of the TechAnkara Project Market 2018, our Managing Partner Erdem Mümtaz Hacıpaşaoğlu and R. Okan Şencan delivered the Startup Law Seminars for founders whose projects would be exhibited at the event. The central thesis of the seminar was clear: the path to scaling a …
Read more →Vircon Legal Advised Sorun Kalmasın on its Seed Round Backed by ETI Girişim, Nevzat Aydın and Fırat İşbecer
Vircon Legal advised Sorun Kalmasın on its seed financing round. The round closed on 23 October 2018 with participation from ETI Girişim, Nevzat Aydın and Fırat İşbecer. The financial terms of the round were not disclosed at the request of the parties. Seed rounds combining a corporate venture-style anchor like ETI Girişim with experienced operating-founder …
Read more →Startup Law — The Book by Mümtaz Hacıpaşaoğlu
Authored by our Managing Partner Erdem Mümtaz Hacıpaşaoğlu, the book “Startup Law: Be More Skilled Than Your Lawyer, Your Investor and Your Competitors” was published as one of the foundational resources that explains startup law in Turkey in the founder’s language. The central thesis of the book was clear: when a founder builds their own …
Read more →Vircon Legal Advised Playz on its USD 32,250 Seed Round
Vircon Legal advised Playz on its seed financing round. The round closed on 4 May 2018 with USD 32,250 raised from Barış Karadenizli, Kaan Kural, Kaan Kayabalı and a further undisclosed investor. The round followed the pre-seed transaction that closed in December 2017 — see our note on the Playz pre-seed round. Seed rounds executed …
Read more →Vircon Legal Advised Yaki and its Founders on the Angel Investment by Gamze Sart
Vircon Legal advised Yaki and its founders Yaşar Arif Karagülle and Ahmet Kıran on an angel investment made by Gamze Sart. The transaction closed on 1 May 2018. The financial terms of the round were not disclosed at the request of the parties. Single-angel investments at the early stage carry a particular structural challenge: the …
Read more →Vircon Legal Advised TRANGELS on its USD 200,000 Seed Investment in Repg Energy
Vircon Legal advised TRANGELS on its seed investment in Repg Energy. The round closed on 27 March 2018 with USD 200,000 invested at a USD 750,000 post-money valuation. Hüseyin Karayağız participated alongside TRANGELS in the round. Energy-sector early-stage investments carry structural considerations that distinguish them from pure consumer or pure-software venture rounds — regulatory perimeters …
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