Atıl Erken, one of the partners of Collective Spark, made two different investment announcements in his article on LinkedIn. Collective Spark has invested a total of 3 million dollars in the startups Mutlubiev and Tarfin.
The investment, confirmed by the founder and CEO Tayga Baltacıoğlu on the Mutlubiev side, confirmed that Mutlubiev closed the 1.39 million dollars series A funding round. Mutlubiev had begun operations in Milan, Italy and had its first overseas breakthrough. Balatıoğlu underlined that they will use the incoming investment for more European expansion and also pointed out the rapid growth of the team in the recent period.
Tarfin is a startup that aims to enable the farmers to buy fertilizer, medicine, seeds, equipment, feed and other agricultural inputs approved by the ministry at affordable prices. With Tarfin, customers can buy their products early and pay less, or they can buy their needs in time.
Atıl Erken from Collective Spark, said that 24 million dollars of the 35 million dollar fund are already transferred, the fund is being managed by 3 people with Sıla Çelik Köksal and Görkem Oktay. Until now, Collective Spark has invested in Dekopasaj, Pakolino and Tekkredi. The fund will continue to make investments by playing an active role in seed stage investment and series A investments.