Venture capital firm Shorooq Partners invested USD 5 mn in Turkish and US-based telecom startup Roamless’ seed round, alongside Revo Capital, Paribu Ventures, Finberg, and Deba Ventures, according to a press release (pdf). The investment in Roamless — which has a leadership team posted in Turkey — marks Shorooq’s first in Turkey.

What they said: “Roamless’s innovative approach to connectivity aligns with our vision of fostering ventures that redefine traditional models. This investment reflects our confidence in Roamless’s potential and our commitment to nurturing Türkiye’s burgeoning tech ecosystem,” said Shorooq founding partner Mahmoud Adi.

About Roamless: Roamless specializes in travel connectivity, offering internet and international calling across 150 countries with eSIM technology and pay-as-you-go model. The company has attracted some 100k users since its public beta launch in October 2023.

Leave a comment

Your email address will not be published. Required fields are marked *