Barbaros Özbugutu, well-known in Turkey's fintech market, has announced a new fund with a capital of 30 million dollars. The fund aims to invest in early-stage startups over the next four years.
Luxembourg-based DeBa Ventures focuses on early-stage fintech and B2B technology startups. The fund aims to invest in local and foreign startups working on real problems, especially in Turkey, regardless of geographical boundaries.
As of March 1, 2024, the position of General Partner of DeBa Ventures has been assigned to Günce Önür, who has been working at Startup Wise Guys for almost five years and has invested in more than 130 local and foreign early-stage startups since 2022.
The DeBa Ventures team is committed to providing early-stage startups with not only financial support, but also mentorship, access to a large investor network, and guidance in global expansion. In addition to financial investments, the team is also set to share various support programs aimed at the mental health of entrepreneurs.
About the new $30 million fund of DeBa Ventures, the founding partner of the company, Barbaros Özbugutu, said, "The funds I worked with most effectively in my entrepreneurial adventures were always fund managers who were entrepreneurs. I believe that funds with an entrepreneurial background should increase in the world. When I founded DeBa Ventures, I took this responsibility on myself. "We sensed it and took action. We focus on entrepreneurs and support founders in leadership, strategy, implementation and mental health issues, in addition to providing financial support,” he said.
Günce Önür, General Partner of DeBa Ventures, stated that during the foundation of the fund, together with Barbaros Özbugutu, they analyzed examples in various ecosystems, "Our goal is to become a global investment fund that puts entrepreneurs in the center by combining both our entrepreneurship and our output. and global investment practices, beyond the venture capital fund.” “We're looking forward to meeting early-stage startups in this era of active investing,” he said.
