Turkish logistics startup Navlungo raises $6.5mn across pre-Series A rounds

Turkish logistics startup Navlungo raises $6.5mn across pre-Series A rounds

Market observers says the search-engine based company could be going places. / navlungo.com

By Akin Nazli in Belgrade March 13, 2025

Navlungo, a search engine for logistics freight services, has raised a total of $6.5mn across pre-Series A funding rounds since 2021, the Turkish company said on March 11.

The company said it aimed to complete the Series A round by end-2025.

Istanbul-based Arz Gayrimenkul Portfoy, investment fund Idacapital, Turkish conglomerate Akkok Holding and Akis REIT (AKSGY) have been investors in the startup since the early rounds.

Arya Women’s Investment Platform (Arya VC), OBSS Ventures and Kazakhstan-based MOST Ventures joined in the latest round, held in 2024.

OBSS invested $1.5mn in the company.

Navlungo earned a place in Deloitte’s Fast 50 Turkey ranking in 2023 and in Inc. Turkiye’s 2024 ranking.

The company is seen as among likely upcoming Turkish unicorns.

It serves 0.1mn small and medium sized enterprises (SMEs).

In 2022, Navlungo acquired Park Palet for Turkish lira (TRY) 50mn ($3.4mn).

#Turkey #logistics #startup #Navlungo #Tech #bneTECH #Finance #Funding #Unicorns #Freight #Cargo #Transit

Read in IntelliNews Pro

Get IntelliNews Pro

Related Content

Tusk hails Erdogan meeting as “historic breakthrough” as Poland, Turkey commit to joint defence, arms production work

Poland’s Tusk backs Turkey for Ukraine peace process role on Ankara visit

Turkey reportedly keeps up military strikes on PKK despite Kurdish group’s unilateral ceasefire

Tusk hails Erdogan meeting as “historic breakthrough” as Poland, Turkey commit to joint defence, arms production work

Poland’s Tusk backs Turkey for Ukraine peace process role on Ankara visit

Turkey reportedly keeps up military strikes on PKK despite Kurdish group’s unilateral ceasefire

Tech

Canada’s Enghouse acquires Slovenian transit tech firm Margento R&D

Slovenia-based Margento provides transit fare collection, account-based ticketing, automatic vehicle tracking and payment solutions.

Israel launches satellites built by students into space from California

Israel achieved a milestone in space and science education on March 12 as nine small research satellites built by high school students were launched into orbit from Vandenberg Space Force Base

Iraq establishes National Mobile Company with Vodafone partnership

Iraq to create National Mobile Company to operate 5G technology in partnership with Vodafone International

Tehran-based ride-hailing giant sets record with nearly 6mn daily trips

Uber clone in Islamic Republic reaches new daily ride record of 5.8mn.

Nokia eyes AI-powered data centre and 5G rollout in Azerbaijan

Nokia launched a 5G pilot project in Baku last year, which is now in its final stages.

Canada’s Enghouse acquires Slovenian transit tech firm Margento R&D

Israel launches satellites built by students into space from California

Iraq establishes National Mobile Company with Vodafone partnership

Tehran-based ride-hailing giant sets record with nearly 6mn daily trips

Nokia eyes AI-powered data centre and 5G rollout in Azerbaijan

Dismiss

Chat with usLiveChat