500 Startups sets up $15M microfund to focus on Turkey

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500 Startups sets up $15M microfund to focus on Turkey

Chelsea Ng
by

October 06, 2015

Last month, early stage venture capital firm/accelerator 500 Startups revealed  that it was expanding its operations around the globe, hiring six new partners to focus on specific regions, including Germany, the United Kingdom, Israel and Japan.

Now the firm has revealed a little bit more about one of those markets, Turkey, as 500 Startups announced on Monday that it has set up a $15 million micro-fund aimed squarely at that region.

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