Turkish game sector to produce 5 more unicorns in decade
HELSINKI, FINLAND - NOV. 21, 2024: The Turkish video game industry is estimated to produce at least five more unicorns in the next decade, said the head of the EntertechIstanbul technopark.Unicorn refers to a privately owned startup with a valuation exceeding $1 billion, Muhammed Kasapoglu told Anadolu at the startup event Slush 2024 in Helsinki, Finland.“There are some seven unicorns in Türkiye as of now and two of them are in the video game business. I estimate that we will have at least five more unicorns in the field in the next 10 years,” he added.He highlighted that Entertech aims to invest in 25 startups in five years with support from the Ministry of Industry and Technology and Entertech’s gaming cluster project with nearly 50 stakeholders.“Some three to four entrepreneurs rule the world, and therefore, the ecosystem is very important and we have been establishing a fund to invest in startups and fund our own startups, as the entrepreneur goes wherever the fund is,” he said.Entertech aims to bring video game firms and studios in a cluster to cooperate before competing, he noted.- Entertech to open office in London next FebruaryKasapoglu stated that Entertech is the only technopark in which two research and development universities, namely Istanbul University and Istanbul University Cerrahpasa, work as partners.Entertech is equipped with unique opportunities, as it houses nearly 100,000 students and 6,000 academics, he said, adding that it also has access to the two universities’ patents, projects, labs, and studies.Kasapoglu highlighted that the technopark is home to over 150 research and development firms and over 1,500 engineers working in the field.(Footage by Omer Sercan Karkus /Anadolu Agency via Getty Images)





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