Local startup Finq received an investment of 8 million TL with a valuation of 54 million TL

Finq, a local startup focusing on child development, is managed by Letven Capital. From MİLRES Venture Capital Investment Fund approximately 54 million TL valuation with 8 million TL investment took.

Finq had previously received an investment of 2 million 429 thousand 423 TL from 329 investors with a valuation of 20 million TL in the crowdfunding investment round on Fonangels.com. After this investment, the startup accelerated its R&D processes and made its products ready for sale.

The startup was launched as a modular driving kit. Finq, which develops children’s analytical thinking, coordination and motor skills, consists of parts such as aluminum profiles, plastic joints and bolts. Scooters, skateboards, bicycles and many other designs can be made with these parts. While Finq contributes to the mental and physical development of children, it also aims to enable them to spend quality time with their parents. Suitable for children between the ages of 2-12, this product develops children’s creativity and imagination while offering an alternative solution to their technological addiction.

Finq founder M. Fatih Author said, “These important investments will allow Finq to consolidate its leadership position in the market and reach wider audiences. Finq will continue to grow and offer innovative solutions with its mission of contributing to child development. “On this occasion, I would like to thank our institutions such as Letven Capital and Fonangels, who add value to the world of entrepreneurship with their support, and also all our investors who believe in us and stand by us in our success story.” said.