Credits By: Dataquest
G-20 Digital Innovation Alliance Summit Recognizes Uppy’s Impact
Uppy, a Turkish education technology venture, continues to shine as a pioneering force in “ed tech.” The company’s impact potential has garnered international recognition, positioning it as a leading startup.
“Second Best Ed Tech Startup” Award at G-20 DIA Summit
During the recent G-20 Digital Innovation Alliance (DIA) Summit in Bangalore, India, Uppy achieved a significant milestone by being awarded the esteemed title “Second Best Ed Tech Startup.” The summit brought together 120 startups from 20 countries, solidifying Uppy’s position in education technology.
Scientifically Grounded Innovation
Uppy’s journey towards global recognition has been driven by its commitment to combining cutting-edge technology with scientifically grounded educational methods. For five years leading up to this achievement, Uppy meticulously developed an educational model that stands out in the industry.
International Stage: G-20 India Summit
Uppy’s participation in the G-20 India summit, at the invitation of the Turkish Ministry of Industry and Technology, marked a significant step in its growth. The startup’s project showcased its entrepreneurial success and highlighted Turkey’s presence on the global innovation stage.
Investments Fueling Expansion
Uppy’s remarkable journey has attracted investments from notable figures such as Ali Sabancı, Ali Koç, and Nevzat Aydın, as well as leading venture capitalists in Türkiye. With recent funding rounds boosting its valuation to $45 million, Uppy is well-poised for further expansion.
Multilingual and Global Reach
Uppy’s impact extends beyond Turkish borders. With proficiency in Turkish, English, German, Spanish, and Portuguese, the startup is geared for global expansion. The final quarter of 2023 will see Uppy launching in key countries, including the United States, the United Kingdom, Germany, Mexico, Brazil, and the Middle East and North Africa (MENA) region.
Digital Safety and Education in One App
Uppy’s innovation shines through its role as a comprehensive app designed to safeguard children aged 2 to 6 in the digital realm. By offering a curated blend of games, books, cartoons, YouTube videos, music, and meditation, Uppy creates a secure and engaging digital environment for young learners.
A 5,000-word Dictionary at the Core
Central to Uppy’s content and educational model is a 5,000-word dictionary. This engaging feature introduces children to new words entertainingly and supports their cognitive development.
Addressing Digital Challenges for Millions
With the potential to impact 700 million families worldwide, Uppy is addressing the unique challenges that arise from children’s exposure to screens and smart devices from an early age. Founder Ayşe Şule Bilgiç emphasizes the importance of controlled and beneficial screen usage, advocating for a balanced approach that maximizes fun and education.
Uppy’s Vision: Providing Safe Digital Exploration
İbrahim Coşkuner, a Uppy partner and CEO, highlights the startup’s monumental success within the Turkish entrepreneurship landscape. Uppy’s child-lock mode, propelled by proprietary artificial intelligence, ensures a secure and enriching experience for young users, underlining the startup’s commitment to fostering safe digital exploration.
Securing $900K in Seed Funding
Artificial intelligence (AI), is making waves with its breakthrough synthetic data anonymization technology. In a world increasingly dominated by image-capturing devices and facial recognition technologies, Syntonym’s innovation holds immense promise.
Securing $900K in Seed Funding
Syntonym’s impact is underscored by its recent achievement in securing $900,000 in a seed funding round led by Simya Venture Capital (VC). This funding marks an essential step in Syntonym’s mission to safeguard individuals’ privacy amidst the rapid advancement of image recording and facial recognition technologies.
Real-Time Creation of Unique and Anonymous Faces
Syntonym’s technology enables the real-time creation of unique and anonymous faces across various platforms, empowering individuals to protect their privacy while engaging in online interactions. This innovation comes at a crucial time when regulations seek to limit the use of visual datasets containing personal information.
Strategic Partnership for Global Growth
Syntonym’s strategic partnership with Alchemist Accelerator, a prestigious accelerator program, demonstrates its commitment to global growth. This collaboration positions Syntonym to offer its patented technology to global brands, enhancing its impact and reach.
Transparency and Privacy in Online Interactions
Founder and CEO Batuhan Özcan emphasizes the importance of transparency and privacy in online interactions. Syntonym’s hyper-realistic synthetic face generation technology fosters responsible and secure digital interactions by incorporating visible cues to prevent potential misuse.
Expansion Plans and Data Privacy
Syntonym’s expansion plans extend to American, European, and British markets, guided by the support of Alchemist Accelerator’s mentors. As a leader in generative AI, Syntonym aims to be the “face of data privacy,” providing AI-powered solutions that respect individuals’ privacy expectations while meeting data needs.
REM People: Driving AI-Powered Retail Technology Hub
Investing in Hoopla to Strengthen Retail Tech Vision
REM People, a prominent provider of AI-based image recognition and retail analytics, aims to become a hub for AI-powered retail technology. The company’s recent investment in Hoopla, a B2B e-commerce application, accelerates its journey towards this vision.
Investing in Hoopla’s Innovative Services
REM People’s investment of $1 million in Hoopla’s seed funding round reflects its commitment to driving innovation in the retail sector. Hoopla’s dynamic e-commerce platform targets traditional sales channels, providing supply services to small-to-medium-sized markets, convenience stores, kiosks, and non-residential consumption.
Advancing Retail Analytics and Sales Efficiency Solutions
REM People is a driving force in the retail industry as a provider of AI-enhanced omnichannel retail analytics and sales efficiency solutions. Its investments and strategic partnerships align with its ambition to reshape the retail technology landscape.
Expansion and Entrepreneurial Ecosystem Support
With a recent $12 million investment from Ethos Asset Management, REM People actively contributes to the entrepreneurial ecosystem. The company’s commitment to investing in technology startups aligns with its vision of establishing itself as a leading AI-powered retail technology centre.
Craftgate: Empowering Businesses with Payment Orchestration
$1M Investment to Fuel Marketing and Expansion
Istanbul-based Craftgate is revolutionizing payment orchestration with its platform, streamlining virtual POS terminals, payment institutions, and alternative payment methods. A recent $1 million investment is set to propel Craftgate’s marketing efforts and expansion initiatives.
Empowering Businesses’ Financial Autonomy
Craftgate’s platform catalyzes businesses’ financial autonomy, enabling efficient management of payment processes. With a commitment to research and development (R&D), Craftgate is redefining digital payment systems, particularly in e-commerce.
Comprehensive Suite of Services
Craftgate’s suite of services includes central integration, one-click payments, marketplace solutions, and more. These services not only streamline payment integration but also contribute to reducing operational costs, allowing businesses to focus on