Dentons Turkish affiliate Balcioglu Selcuk Ardiyok Keki Attorney Partnership has advised Sabanici Ventures and Turkiye Development Fund’s TKYB Sermaye Fonu on their investment in Figopara. Nazali advised L2G Ventures on leading the USD 11 million round. The Gokce Attorney Partnership advised Figopara. Kolcuoglu Demirkan Kocakli advised Logo Yazilim on its investment. Reportedly, BTS & Partners advised Eczacibasi on participating in the round.
Sabanci Ventures is the corporate venture capital arm of Sabanci Holding, a Turkish conglomerate active in financial services, energy, industrials, building materials, and retail sectors.
Figopara is a Turkish fintech company founded in 2017, developing supply chain finance solutions enabling businesses to optimize cash flow.
BASEAK’s team included Partner Okan Arican and Associate Dilruba Guldogan.
Nazali’s team included Partners Ayse Ulku Yalaz and Nilay Goker Duran and Associates Tugce Gelir and Burak Emre Cetin.
Gokce’s team included Partner Deniz Okuyucu, Managing Associate Elif Aksoz, Senior Associate Yilmaz Toygun Tecirli, and Associates Sibel Postacioglu, Hilal Aydin, Hasancan Ufak, and Ozan Ozanoglu.
Kolcuoglu Demirkan Kocakli’s team included Partner Melis Oget Koc and Senior Associate Ipek Yuksel.