Etohum Declared the Initiatives to Invest in 2016
The selection of Etohum, which announced at the Startup Summit that 21 different start-ups were included in their 2016 program, involves a wide geography and in...
Etohum Declared the Initiatives to Invest in 2016
Etohum announced the start-ups in which it will invest in 2016. The selection of Etohum, which announced at the Startup Summit, organized on January 30, Saturday, that 21 different start-ups were included in their 2016 program, involves a wide geography and industry.
2016 selection of Etohum, which has recently started to invest in foreign start-ups as well, extends all the way to India. However, the numbers are with the Turkey-based start-ups. Etohum was criticized for not giving place to the Turkish start-ups on the stage at Startup Turkey event organized last year. The rate of foreign start-ups in Etohum 2016 investments was limited to 25 percent.
One of the innovations made by Etohum this year is publishing the partnership protocol it signed with the start-ups. (You can take a look at our news of the previous year's start-ups for the relevant criticism.) Publishing a copy of the protocol on its official website before the Startup Summit, Etohum had made the details of the process transparent.
It is possible for entrepreneurs to check the protocol and have an idea of the investment amount of Etohum. The initial capital of the incorporations in Turkey varies from minimum 50.000 to 10.000 liras. Stating that a 5 percent share of the incorporations to be established by the chosen start-ups will be claimed, Etohum bases this decision on nominal share value. Etohum also has the right to buy a 5% share of the incorporation at any time chosen by Etohum and for a price specified in the agreement within two years after the establishment of the incorporation.
Etohum 2016 Startups
Dijital Kumbara: Founded by Orbay Keskin, Dijital Kumbara enables users to save money by rounding up their credit card transactions and sending the extra amount to a bank or pension account. With Dijital Kumbara, every credit card owner can save money while spending it.
Simenty: Developed by Edip Enes Çakır and Ali Göksel Bektaş, this application automatically optimizes websites for mobile devices.
Planote: Founded by Irmak Özonay, Planote is a social recommendation platform that enables users to discover places and events. Planote recommends events, places and activities based on interests, location, and flight tickets of the user and weather conditions. Using the social features of Planote, users can follow each other and see their plans, photographs and recommendations. The application also includes information about plans to make the planning process easier.
Uzmanıyla Konuş: Founded by Mustafa Şahin Aydın, Uzmanıyla Konuş enables video and audio calls between the experts and the clients.
Beetouch: Developed by Serhat Tümerdem, Beetouch offers enterprises a goal-oriented and time-based corporate solutions system. Beetouch helps raise awareness by visualizing in-house communication, share the culture, affect the actions, and connect each point of the organization chart to each other.
Magpos: Founded by Memduh Görkem and Serkan Yıldız, Magpos offers small and medium-size restaurants a cloud-based restaurant automation system. Magpos aims at reducing the cost of automation systems, such as installation and maintenance expenses, that matter especially to small and medium-size restaurants.
İşini Sev: Founded by Duygu Aynur and Bilge Can Gurer, İşini Sev introduces those who are looking for a job, want to change their careers, and do not know what they want to role models from various occupations. It is possible to get to know the role models through videos made before, and receive information and recommendation for the job.
Fiza: Founded by Pooya Ghaffari, Fiza is an e-commerce platform that offers the qualified Turkish textile products to Iran market. Fiza follows the trends in Iranian fashion, and reveals the taste of the users. It finds the fashionable products of Turkish brands and offer them to users.
Mobil Exper: Founded by Alpay Bilgiç, Mobil Exper offers cloud-based smart solutions collecting data for automotive troubleshooting. Mobil Exper collects almost two thousand different data in each travel. The artificial intelligence identifies the user habits and detects the potential future failures. The product can be used for the pre-purchase failure analysis of second hand automobiles. The device placed in the car detects the risks and possible failures, transfers the data to technical services around the location, and receives a price quote immediately.
Bean: Founded by Fatih Yücekaya, Bean offers customizable, innovative, cheap, and user friendly smart lighting systems for houses. Bean Smart Bulb Socket and Bean Smart Plugs can be controlled via different devices such as tablets, smart phones, and computers. Bean has also produced Bean Smart Center that records user moves, observes system statuses and makes them available, and enables users to control them from everywhere in the world.
Sukolay: We recently analyzed the water delivery application of Sukolay, of the same name, developed by Eren Erdem and Mert Seçilmiş. SuKolay also provides users with the information regarding products, the closing time of distributors, the deposit costs, and special offers.
Beatrips: Founded by Eren Atlı, Hasan Mert Yılmaz and Burak Uzunboy, Beatrips is a platform that enables users to reach information of the events, parties, concerts, and performances in the city.
Smart Assist: Started by Oğuz Uslu, Doruk Atak, and Hüseyin İnan, Smart Assist provides virtual assistant technology for corporations. Virtual assistants having features such as reflection technology, touch screen and voice recognition algorithm can imitate real human contact, and offers a privileged, impressive, and different service experience.
Nara: Founded by Zafer Karadayı, Muzaffer Özdemir, and Ömer Yavuz, Nara is an educational technology platform that creates augmented and virtual reality applications. Nara aims at making education fun, accessible, and safe. Among the projects are animation of text books, 3D visuals, e-books, and online education.
Eye Track: Founded by Tamay Cilasun, Eye Track provides solutions to the disappearance problem of patients with Alzheimer's disease, and makes life easier for their relatives. Eye Track enables real-time tracking of the location of patients by their relatives. The patented battery technology converts the kinetic energy generated while the patient is walking, and keeps it stable at a rate of 25-30 percent.
Beyond: Developed by Evrim Bulutoğlu, İrem Şentürk, and Furkan Cengiz, Beyond is a smart personal assistant that uses artificial intelligence and astrology. Beyond, which you can think of as a hybrid of Siri, Tinder, and Susan Miller, can tell the users how things are going to work out before they actually try them.
Gaming Battleground: Founded by Luka Ciganek and Ivana Bracek, GamingBattleGround is a fully automatic video game tournament platform that enables users to make money by organizing tournaments or playing. Bulgaria-based.
Mytoddlr: Founded by Molawa Adesuyi, Stanley Ogbuchi, and Kehinde Yinusa, Mytoddlr makes it easier for parents to follow the daily activities of their children at kindergarten or pre-school age. The real-time multimedia news flow of Mytoddlr app enables family members to follow what their children are doing at kindergarten or nursery through their mobile phones. Africa-based.
BDcabs: Founded by Ishraq Tariq and Zaidur Rahman, claims to be the first taxi-hailing app of Bangladesh by combining taxi companies, commercial taxies, and private rental cars. Bangladesh-based.
Gamedoora: Founded by Devang Parikh, Gamedoora is a SaaS (software as a service) platform that can be used by everyone interested in creating private/public studio games. Gamedoora is an online collaboration tool for studios, designers, and developers to develop games. India-based.
eList Guy: Founded by Noman Siddiq, eList Guy provides companies with confirmed e-mail addresses for target customers and lists of potential clients that meet certain criteria. eListGuy provides external data management solutions to marketing and sales requirements of companies. Pakistan-based.
Etohum 2016 startups are listed on 2016.etohum.com.
Source: www.webrazzi.com
2016 selection of Etohum, which has recently started to invest in foreign start-ups as well, extends all the way to India. However, the numbers are with the Turkey-based start-ups. Etohum was criticized for not giving place to the Turkish start-ups on the stage at Startup Turkey event organized last year. The rate of foreign start-ups in Etohum 2016 investments was limited to 25 percent.
One of the innovations made by Etohum this year is publishing the partnership protocol it signed with the start-ups. (You can take a look at our news of the previous year's start-ups for the relevant criticism.) Publishing a copy of the protocol on its official website before the Startup Summit, Etohum had made the details of the process transparent.
It is possible for entrepreneurs to check the protocol and have an idea of the investment amount of Etohum. The initial capital of the incorporations in Turkey varies from minimum 50.000 to 10.000 liras. Stating that a 5 percent share of the incorporations to be established by the chosen start-ups will be claimed, Etohum bases this decision on nominal share value. Etohum also has the right to buy a 5% share of the incorporation at any time chosen by Etohum and for a price specified in the agreement within two years after the establishment of the incorporation.
Etohum 2016 Startups
Dijital Kumbara: Founded by Orbay Keskin, Dijital Kumbara enables users to save money by rounding up their credit card transactions and sending the extra amount to a bank or pension account. With Dijital Kumbara, every credit card owner can save money while spending it.
Simenty: Developed by Edip Enes Çakır and Ali Göksel Bektaş, this application automatically optimizes websites for mobile devices.
Planote: Founded by Irmak Özonay, Planote is a social recommendation platform that enables users to discover places and events. Planote recommends events, places and activities based on interests, location, and flight tickets of the user and weather conditions. Using the social features of Planote, users can follow each other and see their plans, photographs and recommendations. The application also includes information about plans to make the planning process easier.
Uzmanıyla Konuş: Founded by Mustafa Şahin Aydın, Uzmanıyla Konuş enables video and audio calls between the experts and the clients.
Beetouch: Developed by Serhat Tümerdem, Beetouch offers enterprises a goal-oriented and time-based corporate solutions system. Beetouch helps raise awareness by visualizing in-house communication, share the culture, affect the actions, and connect each point of the organization chart to each other.
Magpos: Founded by Memduh Görkem and Serkan Yıldız, Magpos offers small and medium-size restaurants a cloud-based restaurant automation system. Magpos aims at reducing the cost of automation systems, such as installation and maintenance expenses, that matter especially to small and medium-size restaurants.
İşini Sev: Founded by Duygu Aynur and Bilge Can Gurer, İşini Sev introduces those who are looking for a job, want to change their careers, and do not know what they want to role models from various occupations. It is possible to get to know the role models through videos made before, and receive information and recommendation for the job.
Fiza: Founded by Pooya Ghaffari, Fiza is an e-commerce platform that offers the qualified Turkish textile products to Iran market. Fiza follows the trends in Iranian fashion, and reveals the taste of the users. It finds the fashionable products of Turkish brands and offer them to users.
Mobil Exper: Founded by Alpay Bilgiç, Mobil Exper offers cloud-based smart solutions collecting data for automotive troubleshooting. Mobil Exper collects almost two thousand different data in each travel. The artificial intelligence identifies the user habits and detects the potential future failures. The product can be used for the pre-purchase failure analysis of second hand automobiles. The device placed in the car detects the risks and possible failures, transfers the data to technical services around the location, and receives a price quote immediately.
Bean: Founded by Fatih Yücekaya, Bean offers customizable, innovative, cheap, and user friendly smart lighting systems for houses. Bean Smart Bulb Socket and Bean Smart Plugs can be controlled via different devices such as tablets, smart phones, and computers. Bean has also produced Bean Smart Center that records user moves, observes system statuses and makes them available, and enables users to control them from everywhere in the world.
Sukolay: We recently analyzed the water delivery application of Sukolay, of the same name, developed by Eren Erdem and Mert Seçilmiş. SuKolay also provides users with the information regarding products, the closing time of distributors, the deposit costs, and special offers.
Beatrips: Founded by Eren Atlı, Hasan Mert Yılmaz and Burak Uzunboy, Beatrips is a platform that enables users to reach information of the events, parties, concerts, and performances in the city.
Smart Assist: Started by Oğuz Uslu, Doruk Atak, and Hüseyin İnan, Smart Assist provides virtual assistant technology for corporations. Virtual assistants having features such as reflection technology, touch screen and voice recognition algorithm can imitate real human contact, and offers a privileged, impressive, and different service experience.
Nara: Founded by Zafer Karadayı, Muzaffer Özdemir, and Ömer Yavuz, Nara is an educational technology platform that creates augmented and virtual reality applications. Nara aims at making education fun, accessible, and safe. Among the projects are animation of text books, 3D visuals, e-books, and online education.
Eye Track: Founded by Tamay Cilasun, Eye Track provides solutions to the disappearance problem of patients with Alzheimer's disease, and makes life easier for their relatives. Eye Track enables real-time tracking of the location of patients by their relatives. The patented battery technology converts the kinetic energy generated while the patient is walking, and keeps it stable at a rate of 25-30 percent.
Beyond: Developed by Evrim Bulutoğlu, İrem Şentürk, and Furkan Cengiz, Beyond is a smart personal assistant that uses artificial intelligence and astrology. Beyond, which you can think of as a hybrid of Siri, Tinder, and Susan Miller, can tell the users how things are going to work out before they actually try them.
Gaming Battleground: Founded by Luka Ciganek and Ivana Bracek, GamingBattleGround is a fully automatic video game tournament platform that enables users to make money by organizing tournaments or playing. Bulgaria-based.
Mytoddlr: Founded by Molawa Adesuyi, Stanley Ogbuchi, and Kehinde Yinusa, Mytoddlr makes it easier for parents to follow the daily activities of their children at kindergarten or pre-school age. The real-time multimedia news flow of Mytoddlr app enables family members to follow what their children are doing at kindergarten or nursery through their mobile phones. Africa-based.
BDcabs: Founded by Ishraq Tariq and Zaidur Rahman, claims to be the first taxi-hailing app of Bangladesh by combining taxi companies, commercial taxies, and private rental cars. Bangladesh-based.
Gamedoora: Founded by Devang Parikh, Gamedoora is a SaaS (software as a service) platform that can be used by everyone interested in creating private/public studio games. Gamedoora is an online collaboration tool for studios, designers, and developers to develop games. India-based.
eList Guy: Founded by Noman Siddiq, eList Guy provides companies with confirmed e-mail addresses for target customers and lists of potential clients that meet certain criteria. eListGuy provides external data management solutions to marketing and sales requirements of companies. Pakistan-based.
Etohum 2016 startups are listed on 2016.etohum.com.
Source: www.webrazzi.com