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| Confidential
“Our careers have been built as technology entrepreneurs.
Our legacy will be built by investing in technology ventures”
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| Confidential
Our Vision is to generate extraordinary returns to
investors, while creating lastingvalue for the entire technology
eco-system
Our Mission is to back talentedand ambitious entrepreneurs
with the ability to disrupttraditional industries with
revolutionary business modelsand technology
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| Confidential 4
Board of Directors
Barış Özistek Burak Balık Kazım Akalın
Over 20 years ofexperience acting as
a top executive at multinationalcompanies.
Involved in morethan 100 tech
investments, with a successful trackrecord of taking
technology venturesto international
markets.
Well known tech entrepreneur in theMENA region with multiple successful
exits.
A serial investor and game industryveteran, with a
portfolio of successful tech-
startups.
Well known techentrepreneur in theMENA region witha track record of
guiding newventures to exits.
Visionary investor in the tech,
blockchain and media industries,
with extremely high success rates.
Bora Çetinoğlu
Extensiveexperience as an
entrepreneur withexits in the energy
industry.
Investor in technology and
internet-focused businesses.
Agah Uğur
One of mostprominent businessleaders with an 18
year tenure as Group CEO of
Borusan Holding.
He retains Board Member positions
at Borusan, PegasusAirlines, Doğan
Holding and severalNGOs
Chairman BoD, LP RelationsBoD, Startup
RelationsBoD, Technology &
TrendsBoD, Finance
| Confidential 5
Assets Under Management
➢Friends & Family Fund
➢Established in 2013
➢18 Investments
➢Seed to Serie A rounds
BV Global
➢Established on 2018
➢Domiciled in Turkey
➢Digital asset custody management services
➢4 Sub-Funds: Top 30, Quant Fund, BTC Fixed income & Hybrid
BV Crypto
➢Regulated tech investment fund, domiciled in Turkey
➢Fund size: 300M TRY (USD 50M); first closing on H1, 2020.
➢Turkish Ministry of Finance as Anchor LP
➢Pre-Series A & Series A Investment for growth capital
BV Growth
BV GROWTH
Growth Capital Investment Fund, established to back Turkish Tech Startups
in readiness for global expansion
| Confidential 7
We invest at the growth stage of a tech start-up, when the teams are in place, the product
is ready, suitable for global expansion and the business model is proven with solid KPIs.
Talented Teams Ready
Product Fits
Global
Business Model Proven
Focus: Growth Stage Tech Ventures
| Confidential 8
Support growth stage start-ups who have developed theirinitial business and operational capabilities in Turkey, but have the ability to scale-up their model to global reach, without replicating the operational structures in newmarkets.
We invest to help their products take perfect shape andsupport them in their global expansion plans with ourknow-how, our network and necessary financing.
Objective
| Confidential 9
Investment StrategyInvest in top-tier teams demonstrating laser-focus around a disruptive business
model & technologies which can be scalable to a high number of end-users (B2C,
B2B) on the global scale.
Game Industry: 50% of the portfolio
New Media Blockchain
AI, Big DataRetail TechBio Tech
Fintech
| Confidential 10
The need for the BV Growth Fund
Multiple Accelerators & Incubation Centers at the
idea/initial stage
Startups face a hugechallenge to access funds
at the growth stage
Lack of advanced support, such as mentorship, global
networking, tech know-how
Shortage of global knowledge and business experience in the Turkish
Market
Low number of tailor-made VC solutions for a developing market like
Turkey
Islam-Compliant Venture Capital Fund structure
| Confidential 11
Barış Özistek Burak Balık Onur Topaç
Over 20 yearsexperience acting as a top executivein multinational
companies.
Involved in morethan 100 tech
investments, witha successful trackrecord of takingtech ventures to
market.
Founding BoD at StartersHub
Well known techentrepreneur in theMENA region withmultiple successful
exits.
A serial investorand game industry
veteran, with a portfolio of
successful tech-startups.
Well networked in Asia
Recognised as a leader in digital transformation.
Serial angelinvestor and
highlyexperienced in IPO and private
fund raising.
CEO and ViceChairman of Gedik
Yatırım.
Halim Çun
Over 30 years of senior
managementexperience in the
finance andinvestment areas.
General Manager and Board
Member at Gedik Portföy Yönetim.
Kenan Çolpan
The mostinfluential angel
investor andstartup mentor.
High level of experience in
early stageinvestment and
multiple techareas.
Over 25 years of experience as a
top executive andentrepreneur
Invesment Committee of BV Growth
| Confidential 12
Fund participants:
▪ Anchor LP is the Ministry of Treasury & Finance
▪ Turkish R&D Institute (TUBİTAK) and 5 universities are
LPs and strategic partners
▪ Pension funds
▪ Corporates
▪ Family offices in Turkey, Europe and the Middle-East
Selected «Limited Partners» of BV GrowthBV Growth is fully regulated by the Turkish Securities Exchange Commission
INVESTMENT RATIONALE
| Confidential 14
Turkey Snapshot
✓ 82 million population
✓ Half of the population under 32 years old (largest youth population in EU area)
✓ 17th largest economy
✓ 81 techno-parks
✓ 15 angel networks
✓ 50+ accelerators
✓ 770 R&D centers
✓ 203 universities
✓ 800.000 graduates from universities (annually)
✓ 93.000 graduates as engineers (annually)
| Confidential
Best Location to Develop and Improve Tech Products
➢ 77% of the population uses smart phones (63million)
➢ 52 million active social media users
• 9th largest market for Facebook
• 6th for Instagram
• 7th for Twitter
• 10th for YouTube
• 3rd for TikTok (excl. China)
➢ E-commerce share: over 6.2%
➢ Banking industry is #1 in Europe & Middle-East for using latest technology
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| Confidential 16
Turkish Game Industry
The most successful country across Europe, Middle East and Africa (EMEA) regionwith more than 500 game companies, advanced development capabilities and multi-billion dollar unicorns «Peak Games» and over US $1bn in game export revenue.
| Confidential
3 out of the Top 10 2018
VC-backed exits across
Europe were Turkish tech
companies
Top Exits in 2018
$250MMAY 2018
$728MJUL 2018
$295MSEP 2018
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| Confidential 18
Top Tech Exits in Turkey
A successful eco-systemwith high valuation exitsto tech giants fromaround the globe
Success cases spanmultiple sectors, frommarketplaces, togaming, to software development
Turkish Tech Company Value Buyer
Trendyol $ 728 M Alibaba, China
Yemeksepeti $ 589 M Delivery Hero, Germany
Opsgenie $295 M Atlassian, Australia
Gram Games $ 250 M Zynga, USA
Gittigidiyor $ 218 M Ebay, USA
Markafoni $ 203 M Naspers, South Africa
Iyzico $ 165 M PayU, Netherlands
Pozitron $ 100 M Monitise, UK
Peak Games (1 Studio) $ 100 M Zynga, USA
Masomo $ 100 M (Estimated)
MiniClip, UK (Tencent Company)
Citus Data Undisclosed Microsoft, USA
OUR TRACK RECORD
| Confidential
Large Exits by Our Shareholders
*70% equity exit
IPO Experience of Our Shareholders
*30% of the shares in Nasdaq
*BIST *BIST *BIST
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| Confidential 21
Bogazici Ventures in the Media
| Confidential 22
Turkey: Tech Startup Hub For The Region
Top blockchain executives & opinion leader met at
Istanbul
2000+ start-upapplications each year
60.000 visitors, 201 speakers, 200 institutions
10.000+ attendees from 170 countries
Take your placein the
new economy