Turunc has advised Gelecek Etki Fonu on its investment in Brandefense in a round that included Sabanci Ventures, AK Portfoy, the Technology Development Foundation of Turkiye, TechOne, and Finberg. Kutadgu & Arsin advised Brandefense. Reportedly, BASEAK and the Diamond Law Group advised Sabanci Ventures, while BTS advised the Technology Development Foundation of Turkiye.
Brandefense is an AI-based proactive digital risk protection solution for organizations.
According to Turunc, Gelecek Etki Fonu is a capital markets board-regulated venture capital fund managed jointly by Tacirler Asset Management, an asset management company, and Vestel Ventures, the corporate venture capital arm of Vestel, one of the largest home appliances companies in Turkiye and a group company of Zorlu Holding, a Turkish conglomerate.
The Turunc team included Managing Partner Kerem Turunc, Partner Esin Camlibel, and Associate Naz Esen.
The Kutadgu & Arsin team included Partners Seren Kutadgu and Cagri Arsin.