Feraset Secures $4.5 Million Funding with Keco Legal's Guidance
Deal News | Apr 07, 2025 | CEE Legal Matters
Feraset, an Istanbul-based application development company specializing in AI-powered applications, successfully secured a USD 4.5 million investment round. Keco Legal provided advisory services to Feraset in this financial maneuver. The Series A round aims to further Feraset's position within the AI application sector. Details about the investors and strategic intentions behind this funding round remained undisclosed as Keco Legal did not respond to inquiries regarding the transaction.
Sectors
- Technology
- Legal Services
Geography
- Turkey – Feraset is based in Istanbul, Turkey, signifying the primary geographical focus of the article.
Industry
- Technology – Feraset is involved in the development of AI-powered applications, placing it within the technology sector.
- Legal Services – Keco Legal provided advisory services for the investment round, which situates this article also within the legal services sector.
Financials
- USD 4.5 million – The amount raised by Feraset during its investment round.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Feraset | Target | Company | An Istanbul-based application development company focused on AI-powered applications. |
| Keco Legal | Legal Advisor | Company | A legal service provider advising Feraset during its investment round. |