Venture capitalists (VCs) are investors that finance companies in exchange for equity. VCs are specialized in locating and funding companies with growth potential early on, often prior to other more traditional financing sources. The goal is to identify promising new enterprises and provide them with the support needed to flourish. While most of us are aware of global venture capital firms, there are many lesser known VC investors in Turkey. Here's a list of top 10 VC investors in Turkey and their investment firms.
This article is part of a series where we present you the best Venture Capital firms across different cities and countries. Here you can view the ranking for Istanbul.
Top Venture Capital Firms in Turkey
StartersHub is the leading early-stage technology investment fund of Turkey, currently aiming to become the leader of MENA&CEE region. Startups taken under its wings can expect to be part of their proactive family, as StartersHub only make long-term commitments with all the startups it takes in, where they hustle, succeed and grow together. StartersHub is here for founders working to disrupt the system for good. It focuses on startups solving issues with scalable solutions, making real impact, disrupting the industry.
Total fund size: $10M
StartersHub's most notable exits include PulpoAR and Udentify.
2. Diffusion Capital Partners
DCP is a seed-stage venture capital fund manager. We predominantly invest in deep-tech start-ups. At DCP we aim to invest in entrepreneurial teams that are building the future through progressive science and technology. We focus on cross-industry sectors and interdisciplinary projects to discover innovations occurring at the nexus of technology domains where capital-efficient solutions can unlock significant value.
Total fund size: €66.8M
Diffusion Capital Partners's most notable exits include Parasut and ATAR
3. Alesta Yatırım
Ales Venture Capital Investment Trust Inc. 100% Escort Technology Investment Co., Ltd. was established in late 2012 as a subsidiary of an investment company subject to the Capital Markets Board legislation.
Their target audience was primarily started to produce products or services are targeted at companies with existing customers and growth. However, the product or service to switch to the sales and marketing process, although in need of ready finance companies also take interest in Their initiative.
Total fund size: $5M
4. TechOne VC
TechOne VC is a venture capital firm. It invests in innovative tech startups founded by visionary entrepreneurs solving global problems, to deliver superior returns for our investors.
Total fund size: TRY200M
5. Boğaziçi Ventures
Boğaziçi Ventures has been established in 2013 with the purpose of supporting entrepreneurship to take their global success to a next level. We aim to invest in the technology start-ups which have talented teams by providing business models and looking for funds and mentoring support for the future exponential growth.
BV Growth fund does aim to reach a minimum fund size of $30M. BV Growth will only focus on the technology startups established in Turkey at growth stage while having the ambition to get into the global market.
BV Crypto fund will be closed with a minimum fund size of $50M to invest in cryptocurrency and blockchain projects. People are interested in investing in cryptocurrency and especially new initial coin offerings (ICO) but they don’t know which one is reliable. We’ve extremely capable team dedicated to cryptocurrency. Our analysts search hundreds of ICO projects, follow their communication, investigate the commitment of their teams, make interviews and if they have a chance, even visit them at their locations to give a much better decision.
BV MENA fund will be closed with a minimum fund size of $100M. BV MENA aims to invest in the growth stage technology startups in the Middle East and Africa.
Total fund size: $60.4M
6. 500 Istanbul
500 Startups is a venture capital firm on a mission to discover and back the world’s most talented entrepreneurs, help them create successful companies at scale, and build thriving global ecosystems. Since its inception in 2010, 500 has provided hundreds of millions of investment dollars, acceleration programs, and support services to thousands of entrepreneurs in over 60 countries.
Total fund size: $46.2M
500 Istanbul's most notable exits include MovieLaLa and Cloudpipes.
Turkey's leading mobile application developer and one of the fastest-growing IT company according to Deloitte Fast 50, Teknasyon, has achieved great success by reaching out to 1.5 billion people in 55 different languages and 172 countries with dozens of mobile applications since their establishment in 2013.
Besides developing hyper-growth mobile apps, Teknasyon is also an infrastructure and content provider. In addition to building successful products, the company provides additional support with B2C and B2B tools on the way to an early-stage startup’s global growth as an investor.
Teknasyon is not a regular investor, which also opens the kitchen to all these startups to reach millions of new users worldwide. That means supporting startups with the tools developed on their own technologies such as advanced reporting & insights, commercial positioning/design, full integration with internal marketing tools, and 360-degree marketing production & management.
Developing their vision with Facebook, Google, and leading telco operators’ collaboration from day one and creating a value-added ecosystem with the startups let Teknasyon enhance their services. In entertainment, wellness, photo/video, productivity, shopping, sports, and mobile gaming, portfolio companies always pursue global growth.
8. Extra Watts
We strive to contribute a few extra watts to the secure, immutable, and decentralized internet. Adoption. Now.
9. APY Ventures
APY Ventures is a venture capital firm focused on early-stage technology startups.
Total fund size: $18M