Assoc. Prof. Dr. Ahmet Yozgatlıgil ODTÜ Growth Circuit

27 Pages·2017·14.95 MB·English

Assoc. Prof. Dr. Ahmet Yozgatlıgil
ODTÜ
Growth Circuit : A Unique Model For a Technology Fund
San Francisco focused global acceleration programs
for all levels of technology companies San Francisco
coworking space
Early stage investment to technology startups
Co-working space at ODTU BILIM
TEA M
Ahmet Yozgatlıgil İlknur İlkyaz Gül
Board Chairman General Manager
Ozan Sönmez Rohit Chhetri Ömer Nurlu Beliz Bediz Sinan Toygun Tuncer
Managing Director Community Manager Investment Advisor Investment Coordinator Co-working Manager
GROWTH CIRCUIT VENTURES
Fund Name Growth Circuit Ventures (Teknokent Girişim Destek ve Yatırım A.Ş.
1st closing held Dec’17 ($1.5M)
Target Size 2nd closing will be Aug’18 (+$0.5M, $2.0M total)
3rd closing will Jun’19 (+$2M, $4.0M total)
Stage Focus Late Seed, Startups, Early Series A
Ticket Size USD 25k to 250k
Target # of Investments 10 companies with or without follow-on investments
Continuous Mentorship by Experienced Team on Product,
GC Value Add Commercialization, Corporate Transformation, Extensive Executive &
Professional Network, Global Expansion
Potential Exit Routes Strategic Acquisition by Local & Global Corporates, Private Equities
Fund Administration BTS- legal structuring, Ankara-Vienna-London Team
GROWTH CIRCUIT VENTURES
Equity Corporate and Individual
ODTU TEKNOKENT & KOSGEB Investors
ODTU TEKNOKENT’s direct financial
2M USD Fund
contribution and 3.7 M USD operating
for early stage startups
capital from KOSGEB in addition to the
dealflow structures.
DEAL FLOW FOR TURKISH ECOSYSTEM LAST 5 YEARS
Seed &
Series A Series B Series C Growth
Startup
Capital
< USD 250k USD 250K – 2M USD 2M- 5M USD 5M – 10M > USD 10M
4
WHERE WE LOCATED?
Seed & Growth
Series Series Series
Startup Capital
A B C
Ticket size < USD 250k USD 250K – 2M USD 2M- 5M USD 5M – 10M > USD 10M
(~ ¼ of U.S.)
FY’18 & FY’19 Investment Plan
Investment
Internal Pass
Committee
500
350
companies
200
enter our 40 15 10
will 1st
DD
system
and 2nd Get in Fact Sheets Term sheets investments
Pitch screen
Investment Committee
Hürsel Kendir İlknur İlkyaz Gül Elbruz Yılmaz Melih Ödemiş Fırat İşbecer
GROWTH CIRCUIT VENTURES