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Turunc Advises Gelecek Etki Fonu on OctaiPipe Investment

Turunc Advises Gelecek Etki Fonu on OctaiPipe Investment

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Turunc has advised Gelecek Etki Fonu on its investment in the UK's OctaiPipe, in a round that included SuperSeed, Forward Partners, D2, Atlas Ventures, Martlet Capital, and Deeptech Labs. Goodwin Procter and Oury Clark Solicitors reportedly advised OctaiPipe.

OctaiPipe is a UK-based end-to-end Edge AI platform optimized for creating, deploying, and managing machine learning solutions for industrial IoT.

According to Turunc, Gelecek Etki Fonu (the Future Impact Fund) 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.