Vircon Legal Advised TRANGELS on its USD 90,000 Seed Investment in Nanomik
Vircon Legal advised TRANGELS on its seed investment in Nanomik. The round closed on 27 March 2018 with USD 90,000 invested at the seed stage. Deep-technology seed investments — particularly in materials, advanced manufacturing and applied-science adjacent categories — carry structural considerations that distinguish them from pure consumer or pure software early-stage rounds. The technical …
Read more →ING Orange Lab — Startup Law Training for Founders and Investors
On February 26, 2018, at the Startup Law training held at ING Orange Lab, our Managing Partner Erdem Mümtaz Hacıpaşaoğlu and R. Okan Şencan offered founders and investors a two-sided perspective in a single session. The central thesis of the training was clear: the founder’s list of “legally important” topics largely overlaps with the investor’s …
Read more →Istanbul Bar Association Fintech Session — The Legal Status of Crowdfunding and ICOs
On January 24, 2018, at the Fintech session organized by the Istanbul Bar Association’s IT Commission, our Managing Partner Erdem Mümtaz Hacıpaşaoğlu delivered a talk titled “The Legal Status of Crowdfunding and ICOs”. The central thesis of the talk was clear: despite structural similarities, crowdfunding and ICOs occupy different legal positions in Turkey; how each …
Read more →Vircon Legal Advised Loki on its USD 46,089 Seed Round from Nexus Ventures and Istanbul Startup Angels
Vircon Legal advised Loki on a follow-on seed financing round that closed on 18 December 2017, raising USD 46,089 at a USD 1,024,201 post-money valuation. The round was joined by Nexus Ventures, Istanbul Startup Angels, Hüseyin Karayağız, Namık Kural and Harika Yalaza. Several of these investors had also participated in Loki’s earlier seed round closed …
Read more →Vircon Legal Advised Playz on its USD 10,500 Pre-Seed Round
Vircon Legal advised Playz on its pre-seed financing round. The round closed on 11 December 2017 with USD 10,500 raised. The investor identities at the pre-seed level were structured to keep operational flexibility for the company through the subsequent seed round that followed in May 2018 — see our note on the Playz seed round. …
Read more →Vircon Legal Advised Şirket Ortağım on its Investment in Buradan Gönder
Vircon Legal advised Şirket Ortağım on its investment in Buradan Gönder. The transaction closed on 11 December 2017. The financial terms of the round were not disclosed at the request of the parties. Şirket Ortağım operated as a structured early-stage capital channel in the Turkish ecosystem, bringing institutional discipline to seed-stage transactions where the company …
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