Turunc has advised Gelecek Etki Fonu on its investment in Forestall in a round that also included Yapi Kredi Frwrd VC, Unlu Ar-Ge VC, and Maxis Ventures. Liman Kurman advised Forestall.
Forestall is a Turkish cybersecurity company specializing in active directory threat protection.
Gelecek Etki Fonu is a capital markets board–regulated venture capital fund jointly managed by Tacirler Asset Management and Vestel Ventures, the corporate venture arm of Vestel, which is part of Zorlu Holding.
The Turunc team included Managing Partner Kerem Turunc, Partner Esin Camlibel, Managing Associates Naz Esen and Beste Yildizili Ergul, and Associates Seda Koprulu, Elif Caglayan, and Batuhan Eraslan.
The Liman Kurman team included Partners Altan Liman and Umut Kurman.
