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Kinstellar and KST Law advise Eleven Fund III Cooperatief on its investment in Magfi, Turkey

September 2024 – Kinstellar and KST Law are delighted to have advised Eleven Fund III Cooperatief, a multi-strategy growth fund, on its US$1.1 million in seed investment in Magfi, a SaaS platform based in Istanbul.

Magfi enables seamless advertising across Telegram and Discord communities using machine learning and AI. The investment will support Magfi's planned expansion into the Brazilian market.

Kinstellar operates in Turkey in cooperation with KST LAW, a full-service corporate law firm based in Istanbul.