Turkish startups showcase innovation at Web Summit in Lisbon

Türkiye is highlighting its expanding technology and startup sector at Web Summit 2025 through a dedicated national pavilion in Lisbon, Portugal. The collaborative initiative between Türkiye's Investment Office and Industry and Technology Ministry showcases the country's innovative capabilities at one of Europe's most significant technology conferences, which anticipates over 70,000 attendees this year.

Diverse Startup Representation

Seven Turkish technology companies are presenting their solutions to international investors and industry leaders across multiple sectors including financial technology, software development, cybersecurity, sustainability, clean energy, and fitness applications. The participating startups – Apollo, Catchpad, Craftgate, Goldframer, Octoxlabs, Palgae, and Pricing Coach – demonstrate the breadth and diversity of Türkiye's entrepreneurial innovation.

Substantial Investment Growth

Investment Office Head Ahmet Burak Dağlıoğlu revealed striking investment growth figures, noting that Turkish startups attracted $660 million across 927 funding rounds between 2010-2019, which surged to $5.6 billion over 2,117 rounds from 2020-2025. "The average annual investment of $1 billion clearly shows that Türkiye's entrepreneur ecosystem matured and it is under the radar of global investors," Dağlıoğlu stated, predicting the emergence of "Turcorns" – Turkish unicorn companies valued over $1 billion.

Strategic Global Engagement

The Web Summit participation forms part of Türkiye's comprehensive 2024-2028 technology and innovation growth strategy, which includes appearances at major international events including VivaTech, Slush, London Tech Week, and Singapore FinTech Festival. The global outreach recently yielded a significant achievement with the signing of an agreement to host GITEX Ai Türkiye in Istanbul during September 2026, further establishing the country's position in the international technology landscape.