NEWSROOM

Tarentum, which is one of the best artificial intelligence companies in Turkey and has achieved significant success especially in the renewable energy and gaming sector, received an investment of USD 1.4 million from Boğaziçi Ventures.

*** This release is originally published in Turkish.
Google Translate Application translates the content you see on this page.***

İSTANBUL (TR) - Boğaziçi Ventures who establishes and manages funds that invest in technology companies, Game, fintech, digital healthcare and Retail Ventures BV, an investment fund that focuses on early-stage technologies in the field of renewable energy and artificial intelligence and machine learning through growth in the gaming industry who have made huge success in providing solutions venture company has invested USD 1.4 million Tarentum.

Tarentum co-founders Oguz Silahtar, Bora Tokyay and gun Makinabakan received their undergraduate and master's degrees at schools such as MIT, Lafayette College and Purdue University, and after working for many years at leading companies in America, Tarentum met to develop destructive technologies and solutions in the field of artificial intelligence. The 27-person team has an average of more than a decade of experience in artificial intelligence.

Boğaziçi Ventures, which announced the investment news for the first time with an event on Youtube, hosted Tarentum co-founders Oguz Silahtar and Bora Tokyay in the publication and spoke about Tarentum's founding process, team, renewable energy, gaming and retail sector activities. The publication also mentioned the difference between the artificial intelligence and machine learning solutions offered by Tarentum from the solutions in the market.

"With the best team in Turkey, we add value to energy and gaming companies with artificial intelligence.”

Oguz Silahtar, one of the founders of Tarentum, said: "Since it was founded as Tarentum, we have provided machine learning and artificial intelligence solutions to leading companies in different sectors in Turkey. Finally, we decided to focus on the gaming and energy sectors that we have served for 3 years. In the game sector, we perform digital advertising optimizations, and in the energy sector, we have products that we work on wind farms." said.

Bora Tokyay has developed a product called GrowAds in mobile gaming, “rapid growth in the gaming sector is an issue that we all often talk about and are aware of, but when we look at the spent marketing budget, we see that the growth there is larger, about 30 percent. It is natural that this figure is at such a high level in parallel with the increase in the number of players and the number of game companies. We also wanted to focus on this area, seeing an opportunity in this area. In the field of user acquisition, there is currently too much data, and this data is too large for human intelligence to interfere. Considering that this problem can be solved with artificial intelligence, we developed our product that provides digital advertising optimization.” she explained.

Gün Makinabakan said: "thanks to the products we have developed, we have made business unit users who are not experts in data analysis benefit from the benefits of artificial intelligence and machine learning. Thanks to our scalable infrastructure and strong ECB, we are rapidly moving towards the use of these products in even more widespread geographies."he shared the approach underlying the products with his statement.

"I look forward to the day when Tarentum will become the unicorn.”

Barış Özistek, co-founder of Boğaziçi Ventures, stated that the product developed by Tarentum is a solution that saves companies money thanks to the optimization it performs, and everyone will want to try this product. Barış Özistek said that scaling is limitless for the game industry, but competition in this sector is very intense and growth is therefore limited, adding that the solution offered by Tarentum is very exciting for him and he is looking forward to the day when the team will be unicorn.