HubX Raises $75M, Becomes Turkey's 8th Unicorn
Turkish app studio HubX raised up to $75 million from Point72 Private Investments at a $1.275 billion pre-money valuation, its first outside funding after bootstrapping to profitability.
Company intelligence
As of September 3, 2026, HubX was last valued at $1.275 billion (September 2026 Series A) and has raised at least $75M in equity across 1 sourced funding round.
HubX is a consumer technology company that builds and scales AI-native mobile and web apps.[1] HubX runs more than 40 products, including Nova, Wiser, DaVinci and Lotus Flow.[1] Based in Türkiye, it makes apps in categories including generative AI, education, and health and fitness.[1] Its apps have been downloaded more than 600 million times across more than 190 countries.[1] Product teams work as autonomous studios that share central technology, AI, data, marketing and monetization functions.[1] On August 31, 2026, HubX announced a $50 million investment from Point72 Private Investments, with an option for another $25 million.[1] HubX said the money will grow its existing apps and build a platform for acquiring consumer technology products.[1]
It was founded in 2022 and has more than 370 employees across offices in Izmir and Istanbul.[1] The company grew without outside capital and says it is profitable.[1]
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| Date | Round | Amount | Valuation | Lead investors | Source |
|---|---|---|---|---|---|
| Sep 3, 2026 | Series A | $75M | $1.275 billionpost-money | — | Investing.comPulse story |
Equity only. “Equity raised” above sums the rounds with a dated, linked source; rumored rounds, tender offers and secondary sales are listed but not counted, and debt financing is listed separately.
The deal was its first external financing and was done at a $1.2 billion pre-money valuation.[1] On September 8, 2026, Nasdaq-listed Daedalus Special Acquisition Corp. signed a non-binding letter of intent for a business combination that would take HubX public on Nasdaq.[2],[1]
HubX's co-founders include Cem Ortabaş and Kaan Ortabaş.[1]
On September 8, 2026, Nasdaq-listed Daedalus Special Acquisition Corp. signed a non-binding letter of intent for a business combination that would take HubX public on Nasdaq.[2],[1]
Based in Türkiye, it makes apps in categories including generative AI, education, and health and fitness.[1]
HubX is a consumer technology company that builds and scales AI-native mobile and web apps.[1]
HubX was last valued at $1.275 billion in its September 2026 Series A, according to Investing.com (September 3, 2026).
HubX has raised at least $75M in equity across 1 sourced funding round tracked by Value Add VC. The most recent was a $75M Series A in September 2026 at a $1.275 billion post-money valuation, reported by Investing.com. Debt financing, tender offers and secondary sales are not counted.
Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.