Saykal Electronics Receives Investment Worth 2 Million USD

Saykal Elektronik, received an investment of 2 million dollars from the investment tour led by F+ Ventures. Fark Holding and Ark Pres Safety Belt accompanied the A series investment tour. This investment will be used to support the company's R&D activities.

Saykal Elektronik was founded in 2010 with the backing of the Turkish Ministry of Industry and Teknogirişim Capital. The company is a technology firm that develops and manufactures sophisticated technology sensing, detecting, imaging systems, electrical goods, and embedded software for strategic and scalable worldwide sectors, particularly automotive.

Also see: İletmen Receives $150 Thousand Investment

In the global market, Ark Pres CEO Burak Kasım closely follows mobility trends. In his statement, he said:

Yücel Saykal, CEO of Saykal Electronics, states that as a startup from Turkey, they have focused on software technology and engineering studies for 12 years. Saykal also stated that they aim to become a large technology company on a global scale.

Ahu Serter, Chairman of the Board of Directors of Fark Holding and founder of F+ Ventures, said that they are investing in Turkish technology companies within the scope of F+ Ventures future strategies. Because she stated that they aim to carry them to the global. Ahu Serter said that these technologies, which have just entered the automotive sector, have a great importance in the localization strategies of the automotive industry in our country. And she explained that he believes that technology will play an important role in increasing the export share.