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Self-help applications such as meditation apps have many fans, especially in the days of pandemics when almost everyone needs peace and calmness of the mind.
These days when people can go out less without having to worry about getting sick, these apps help to cope with the stress and loneliness. It also helps us get through these difficult days with our mental health. In this regard, it has attracted the attention of many investors to invest in such applications.
Meditopia, for instance, is preparing to close a new round of its $60 million budget. In the financial round that closed yesterday, Meditopia received a $15 million investment. Although the company has not yet made an official announcement about this, according to the information we have, Creandum, which is also an investor in Spotify, is one of the investors who supports this application.
Foreign investors have been interested in Meditopia before. In a previous investment, Vela Partners from the United States and Atlantic Laboratory from Germany joined the investment Meditopia. Also, among those who joined the previous investment as current investors were Borak Saglik, Mustafa Switch, Mustafa Wardali, Alper Akjan, Sinan Guler, and Murat Balci, the founders of Teknasyon. At this point, StartersHub, Ebru Dorman, Alper Akcan, and Tülin Karabük, who invested $180,000 in the first round for the startup, should not be overlooked.
Given the interest shown in meditation programs during the COVID-19 epidemic, it can be said that Meditopia has also completed this process with considerable success. It seems that this application, which has more than 12 million users, will continue to grow in this new and growing market.