Early-stage startups often face a significant challenge due to their very limited runway – as usually they burn money faster than they are able to acquire funding – which makes external capital crucial for sustainability. From the perspective of potential investors determining the worth of these startups is a key factor in deciding whether to invest or not into the specific project which is complex and time consuming, a luxury startups often lack.

Gokce Ildiri Cosguner has been promoted to a Partner position with Kolcuoglu Demirkan Kocakli in Istanbul.

Ellex has advised Capitalica Asset Management on the establishment of its Capitalica Debt Fund targeting Baltic companies' high-yield bonds.

Former Moral Kinikoglu Pamukkale Kokenek Name Partner Sertac Kokenek has joined Norton Rose Fulbright Turkish affiliated firm Pekin Bayar Mizrahi as an Equity Partner.

Kinstellar has advised the Genesis Private Equity Fund III on the sale of Sanborn to the Oriens industrial group. GT Legal advised Oriens.

Marszalek & Partnerzy has advised Goodspeed and its shareholders – Sylwester Rypina, Pawel Rypina, and Enterprise Investors – on the full acquisition of StockEasy.