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Top 30 Automotive VC Funds & Investors in Turkey (June 2026)

The most active venture capital funds investing in Turkey Automotive startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Turkey Automotive startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Aslanoba Capital
VC Fund
5 Turkey, United States, Ireland Seed, Series A, Series B E-Commerce, Internet, Software $175k–$30M
F+ Ventures
VC Fund
5 Turkey, United States, Israel Seed, Series A, Pre-Seed Software, Automotive, Manufacturing $810k–$2.7M
Keiretsu Forum
VC Fund
4 United States, India, Turkey Seed, Series A Health Care, Software, Biotechnology $102k–$8.6M
Finberg
VC Fund
3 Turkey, United Kingdom, United States Seed, Series A FinTech, Financial Services, Information Technology $500k–$20M
Middle East Venture Partners (MEVP)
VC Fund
3 United Arab Emirates, Lebanon, United States Series A, Seed, Series B E-Commerce, Financial Services, FinTech $420k–$110M
Hedef Filo
VC Fund
3 Turkey Seed, Angel, Series A Automotive, Transportation, Public Transportation $300k–$1.3M
Istanbul Startup Angels
VC Fund
3 Turkey, United States Angel, Seed SaaS, Local, Hardware $45k–$250k
Alesta Yatırım
VC Fund
2 Turkey, United States Seed, Pre-Seed Software, Artificial Intelligence, Information Technology $9k–$1.5M
Nexus Ventures
VC Fund
2 Turkey, United States, India Seed, Angel, Series A Software, Internet, SaaS $1k–$53M
Enabling Future
VC Fund
1 United States, United Arab Emirates, The Netherlands Seed, Angel Software, Information Technology, Mobile $500k–$2M
Teknasyon
VC Fund
1 Turkey, United States, United Kingdom Seed, Series A Apps, Mobile, Fitness $112k–$1.5M
RI Digital Ventures
VC Fund
1 Germany, Turkey, Singapore Series A, Seed E-Commerce, Travel, Fashion $5M–$9.5M
Maqasid Asset Management
VC Fund
1 Turkey Seed Automotive, Electric Vehicle
Hummingbird Ventures
VC Fund
1 United States, Turkey, United Kingdom Series A, Seed, Series B Software, Financial Services, FinTech $828k–$58M
VCDE Venture Partners
VC Fund
1 Germany, Turkey, India Seed, Series A Software, SEO, Automotive $2M–$4.9M
StartupFon
VC Fund
1 Turkey, United States, Switzerland Seed, Pre-Seed, Angel SaaS, Software, E-Commerce $30k–$5.2M
TRANGELS
VC Fund
1 Turkey, United States, Estonia Seed, Pre-Seed, Angel Software, Information Technology, Biotechnology $24k–$1.4M
Ethos Capital
VC Fund
1 Turkey, Venezuela, United States Seed, Series A SaaS, Consumer, Internet
Wamda Capital
VC Fund
1 United Arab Emirates, Turkey, United States Seed, Series A, Series B E-Commerce, Software, Financial Services $600k–$65M
Mangrove Capital Partners
VC Fund
1 United States, United Kingdom, Israel Series A, Seed, Series B Software, E-Commerce, Information Technology $675k–$25M
March Holding
VC Fund
1 United Arab Emirates, Iraq, Turkey Seed, Series A, Convertible Note Transportation, Public Transportation, Information Technology $3M–$11M
Kosgeb
VC Fund
1 Turkey Grant, Pre-Seed, Seed Software, Health Care, Medical $1k–$400k
212
VC Fund
1 Turkey, United States, United Kingdom Seed, Series A, Series B Software, E-Commerce, Artificial Intelligence $250k–$27M
Arz Portfolio
VC Fund
1 Turkey, United States, United Kingdom Seed, Pre-Seed Software, E-Commerce, Information Technology $100k–$2.5M
Vitol
VC Fund
1 India, United States, Turkey Series C, Debt Financing Energy, Transportation, Automotive
GSYF
VC Fund
1 Turkey Software, Automotive, Internet of Things
ARI Çekirdek
VC Fund
1 Turkey Pre-Seed Big Data, Internet, Automotive
Liil Ventures
VC Fund
1 Spain, Mexico, Togo Series A, Seed Transportation, Software, Ride Sharing $1.9M–$13M
Sente Ventures
VC Fund
1 United States, Turkey, Israel Pre-Seed, Convertible Note, Seed Artificial Intelligence, Machine Learning, Software $50k–$1.5M
Migros
VC Fund
1 Turkey, Switzerland, Israel Seed, Series A, Corporate Round Delivery, Food Processing, Food and Beverage $567k–$14M
Access all 44 VC funds in Turkey Automotive startups.

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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Aslanoba Capital
VC Fund · Istanbul, Istanbul, Turkey · 5 investments in Turkey Automotive startups

Aslanoba Capital is an early stage investor in tech startups in Turkey and the US. The company invests in startups pursuing disruptive ideas in areas such as marketplaces, e-commerce, mobile, classifieds, content, and SaaS with a consideration of investment between $0.25 million and $2 million.Aslanoba was founded in 2013 and is based inIstanbul, Turkey.

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Investment focus

  • Industry: E-Commerce, Internet, Software
  • Stage:Seed, Series A, Series B
  • Geography: Turkey, United States, Ireland

Investor stats

  • Total investments: 101
  • Round size: Seed $175k–$2.5M; Series A $350k–$3M; Series B $825k–$30M
  • Lead/follow: 17% lead, 83% follow
  • Last fund: May invest from a new fund soon — raised $80M in 2015

Portfolio highlights

  • BiSU — BiSU is a mobile platform that enables its users to order drinkable water in Turkey. Through the platform, its users have the ability to order water from any brand available nationally.BiSU is completely free of commission or fees and aims to democratize access to bottled water in Turkey by increasing transparency in prices and quality of water.The platform allows its customers to compare prices and pay with their credit cards for delivered bottled water.BiSU was launched in 2015 by Ergin Uner & Ozan Alptekin. It is based in Istanbul.
  • Colendi — Credibility and microcredit platform
  • CARD.com — Fully featured bank account with optional overdraft protection and round up savings account. Get your paycheck up to 2 days earlier.
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F+ Ventures
VC Fund · Istanbul, Istanbul, Turkey · 5 investments in Turkey Automotive startups

F+ Ventures is Fark Labs’ venture capital arm, which invests in late seed and Series A startups within the smart mobility ecosystem that provide disruptive solutions through superior technologies and/or unique business models.

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Investment focus

  • Industry: Software, Automotive, Manufacturing
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Turkey, United States, Israel

Investor stats

  • Total investments: 14
  • Round size: Seed $1M–$2.7M; Series A $810k–$1.5M
  • Lead/follow: 21% lead, 79% follow

Portfolio highlights

  • Buyutech — Democratizing the autonomy by changing the way of perception. We work for a world where your loved ones are safe on the roads we offer affordable and scalable products that will become the eyes of the millions.
  • Wayve — Wayve are pioneering an AI-centric approach to self-driving, inspired by our vision of a smarter, safer and more sustainable world.
  • Saykal — Saykal develops and manufactures advanced technology in sensing, detection, and imaging systems for global-scale strategic and scalable industries, especially automotive.
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Keiretsu Forum
VC Fund · San Francisco, California, United States · 4 investments in Turkey Automotive startups

Keiretsu Forum is a global angel investor network with more than 2,500 accredited investor members throughout 47 chapters on 3 continents.

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Investment focus

  • Industry: Health Care, Software, Biotechnology
  • Stage:Seed, Series A
  • Geography: United States, India, Turkey

Investor stats

  • Total investments: 190
  • Round size: Seed $102k–$3.6M; Series A $778k–$8.6M
  • Lead/follow: 15% lead, 85% follow
  • Last fund: May invest from a new fund soon — raised $10M in 2015

Portfolio highlights

  • Bliss — Bliss is an AI-powered online therapy platform that provides online mental health and wellness services to make mental health support more accessible, affordable, and culturally sensitive. The company connects individuals with licensed therapists and mental health professionals for video, audio, and messaging-based counseling sessions. Its platformincludes therapist matching tools, secure communication systems, appointment scheduling, and multilingual support designed for users seeking culturally aligned care. Bliss supports mental health needs related to anxiety, depression, trauma, relationships, stress management, and personal development through remote therapy services. The company also offers mental wellness programs for businesses, providing employee support resources, coaching access, and digital mental health services for distributed teams. Its services are designed to make therapy and emotional support accessible through online and mobile-based interactions.
  • BatteryPool — BatteryPool offers battery charging solutions for EV fleets and commercial vehicles.
  • Apriority Financial — Apriority Financial is a debt optimization platform that manages and optimizes employee personal debt.
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Finberg
VC Fund · Istanbul, Istanbul, Turkey · 3 investments in Turkey Automotive startups

Finberg is a corporate venture capital firm and a Fibabanka subsidiary. On March 1, 2018, the company was established.

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Investment focus

  • Industry: FinTech, Financial Services, Information Technology
  • Stage:Seed, Series A
  • Geography: Turkey, United Kingdom, United States

Investor stats

  • Total investments: 59
  • Round size: Seed $500k–$5M; Series A $2.5M–$20M
  • Lead/follow: 25% lead, 75% follow
  • Last fund: May invest from a new fund soon — raised $5M in 2018

Portfolio highlights

  • ELYT — ELYT specialises in NFTs and metaverse exchange platform enabling NFT to produce value, and participate in the ecosystem.
  • Tirport — TIRPORT is a Turkey-based startup, aiming to make logistics effortless to any shipper regardless of size and buying power. It is a digital logistics platform that allows carriers and shippers to connect. The company offers end-to-end logistics solution that combines a freight marketplace with company drivers and strategic partnerships to provide arange of services.TIRPORT ERP automatically tracks and keeps logistics updated on any shipment's progress. Its technology provides real-time freight monitoring services for load owners. The company was founded in 2016 and based in Istanbul, Turkey.
  • Octopus — Octopus Signage is a cloud based interactive and measurable Digital Signage solution.
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Middle East Venture Partners (MEVP)
VC Fund · Dubai, Dubai, United Arab Emirates · 3 investments in Turkey Automotive startups

MEVP is a Middle East-focused venture capital firm that invests in the early and growth stages of innovative tech companies run by talented entrepreneurs in the Middle East with a focus on the GCC and Levant countries. With a team of 20 VC professionals across offices in Dubai, Beirut, Bahrain, Abu Dhabi, and Riyadh, MEVP manages 5 regional funds with more than USD 260 million in Assets Under Management. MEVP is the largest and most established VC firm in the region, with clear cross border investment appetite.

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Investment focus

  • Industry: E-Commerce, Financial Services, FinTech
  • Stage:Series A, Seed, Series B
  • Geography: United Arab Emirates, Lebanon, United States

Investor stats

  • Total investments: 108
  • Round size: Seed $420k–$6M; Series A $1.5M–$14M; Series B $4.6M–$110M
  • Lead/follow: 39% lead, 61% follow

Portfolio highlights

  • PinPay — Pin-Pay is an innovative mobile payment service offered at our Partner Banks which aims to bring our subscribers the most secure, reliable and intelligent payment experience.Using Pin-Pay, you can perform a number of different transactions directly from your mobile phone. Since all transactions are conducted live and under 20 seconds, you cansafely receive money straight to your account in no time.
  • HyperPay — Hyperpay is a leading payment gateway in MENA, providing smart payment solutions that fulfill the payment needs of ecommerce and all internet businesses
  • The Cloud — NOTICE OF WINDING UP PETITION
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Hedef Filo
VC Fund · Kagithane, Istanbul, Turkey · 3 investments in Turkey Automotive startups

Hedef Filo is the leading fleet leasing company.

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Investment focus

  • Industry: Automotive, Transportation, Public Transportation
  • Stage:Seed, Angel, Series A
  • Geography: Turkey

Investor stats

  • Total investments: 4
  • Round size: Seed $300k–$1.3M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • TikTak — TikTak is an online app that provides rental car services throughout Istanbul
  • Volt Lines — Launched in April of 2018, Volt Lines is a subscription-based transportation network currently serving corporate customers in Istanbul, Turkey. A Volt Lines account gives its user access to unlimited rides on the ever-growing Volt Lines network of micro-transit.
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Istanbul Startup Angels
VC Fund · Istanbul, Istanbul, Turkey · 3 investments in Turkey Automotive startups

Istanbul Startup Angels is Turkey’s most active angel investment network with a focus on innovative and fast growing technology startups. Currently in the process of building a micro VC and starting Turkey’s first crowdfunding platform, ISA also partners with corporations to find the most promising and suitable startups for them, by running sectorfocused accelerator programs.

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Investment focus

  • Industry: SaaS, Local, Hardware
  • Stage:Angel, Seed
  • Geography: Turkey, United States

Investor stats

  • Total investments: 9
  • Round size: Seed $50k–$175k; Angel $45k–$250k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • LOKI — LOKI is a cloud-based secure network platform that can be managed without any technical knowledge.The company enables companies to manage and secure their networks by changing how they interact with cybersecurity products. LOKI platform offers a cloud-based secure software-defined wide area network (SD-WAN) infrastructure that automatically scansand protects all network traffic from threats.
  • MobilMed — Since 2015, we have been providing services in the field of mobile biomedical device design and application solutions. Our goal is to provide you with great customer experience and exceptional value services.
  • Parkkolay — Parkolay mobile app enables users to make parking reservations and paying parking fee via mobile phone. It is a platform that helps drivers to find a parking spot in under 1 minute. The company aims to make every step of parking more simple and easier with other parking solutions. The mobile app is available for IOS and Android operating sytems.
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Alesta Yatırım
VC Fund · Istanbul, Istanbul, Turkey · 2 investments in Turkey Automotive startups

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.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: Turkey, United States

Investor stats

  • Total investments: 97
  • Round size: Seed $9k–$1.5M; Pre-Seed $10k–$400k
  • Lead/follow: 23% lead, 77% follow
  • Last fund: May invest from a new fund soon — raised $5M in 2012

Portfolio highlights

  • BiSU — BiSU is a mobile platform that enables its users to order drinkable water in Turkey. Through the platform, its users have the ability to order water from any brand available nationally.BiSU is completely free of commission or fees and aims to democratize access to bottled water in Turkey by increasing transparency in prices and quality of water.The platform allows its customers to compare prices and pay with their credit cards for delivered bottled water.BiSU was launched in 2015 by Ergin Uner & Ozan Alptekin. It is based in Istanbul.
  • Ni-CAT Battery Materials and AI Company — Ni-CAT is working on AI-assisted research and development of next-generation battery materials, which is the key to the transition to battery electric vehicles. Ni-CAT believes that the speed of EV transition is still not enough to prevent global warming and replace carbon-based fuels in near future, and it is not related to money or resources. Webelieve that speeding up EV transition is possible with our novel methodology, which combines three approximation to the solution: our unique AI-assisted materials research, digitalized reactor farm and our novel surfactant-assisted synthesis.As the electrification of the automotive industry expands, we deliver state-of-the-art technologies to meet the industry’s high-quality standards. To help our customers to step up the EV transition, we will be working on our research and development of lower-cost/higher performance, ultra-high energy density battery materials to serve innovative solutions for a brighter future. With our expertise in the application of machine learning in material science, we are developing low cobalt/high nickel lithium cathode materials. Cathode determines the type of a lithium battery and is the limiting factor for nickel-based batteries. Further improvement in battery performance is possible through AI-assisted custom high nickel cathode materials with increased charge rate, charge to discharge ratio, tap density, or any other specifications. By our unique computer-controlled digital reactor farm, we numerize synthesis parameters and output specifications for the machine learning algorithm we have been developing.
  • Tiamo Games — Tiamo Games combines the simulation and hyper-casual gaming genres.
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Nexus Ventures
VC Fund · Ankara, Ankara, Turkey · 2 investments in Turkey Automotive startups

Nexus Ventures is an investment firm that invests in transformational businesses and creates meaningful partnerships with entrepreneurs. They support these ventures through its mentorship, business and technical know-how, vast network, and capital. The firm was founded in 2002 and is headquartered in Ankara, Turkey.

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Investment focus

  • Industry: Software, Internet, SaaS
  • Stage:Seed, Angel, Series A
  • Geography: Turkey, United States, India

Investor stats

  • Total investments: 27
  • Round size: Seed $1k–$4.7M; Angel $45k–$250k; Series A $6.2M–$53M
  • Lead/follow: 15% lead, 85% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Smartstaff — Manage your workforce's attendance & payroll while using our powerful automation tools to optimize & improve their productivity
  • Iambic — Iambic has created a cutting-edge AI-driven platform to tackle the most challenging design problems in drug discovery and address unmet patient need.
  • Moneyview — Money View is an application that is able to track and organize expenses, bills, and account balances. It is able to derive finance information from SMSs.Money View enables its users to set and follow budgets, view their bank account balance, obtain reminders about bills, and spit bills with the other users. It also facilitates Savings+ andTaxSaver+ that allows its users to save money.Money View was founded in April 2014 by Sanjay Aggarwal and Puneet Agarwal. It is based in Bangalore, Karnataka.
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Enabling Future
VC Fund · Dubai, Dubai, United Arab Emirates · 1 investments in Turkey Automotive startups

Enabling Future (EF) is a sector agnostic, family office backed Venture Capital firm head quartered in Dubai. EF provides seed and early stage funding to entrepreneurs who challenge conventional wisdom and look to create true disruption. Our goal is to enable entrepreneurs to build companies of the future. We provide our portfolio companies withcapital, experience, strategy and network.

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Investment focus

  • Industry: Software, Information Technology, Mobile
  • Stage:Seed, Angel
  • Geography: United States, United Arab Emirates, The Netherlands

Investor stats

  • Total investments: 23
  • Round size: Seed $500k–$2M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • NÜWATER — NÜWATER was born out of a desire to combat the harmful impact that plastic bottles have on our environment today. With approximately 8 million tonnes of plastic ending up in the ocean every year, NÜWATER is a recyclable alternative to plastic bottled water. We'd like to put the UAE at the forefront of driving sustainability, to ensure ourfuture generations live in a cleaner, healthier, plastic free world. NÜWATER is sourced from an artesian spring 500 meters underground, one of the deepest springs in the world. Filtered through rich volcanic rock, NÜWATER supplies the body with essential minerals for life. In comparison to desalinated water - a process that is highly energy intensive, removes all the minerals and produces toxic waste in the process. We are proud to say our manufacturing process is 100% Carbon Neutral. We aim to be a Carbon Net Positive company by 2023. see less
  • Trifacta — Trifacta has joined Alteryx to help customers and partners bring even more value to their businesses, powered by breakthrough data analytic insights.
  • Volt Lines — Launched in April of 2018, Volt Lines is a subscription-based transportation network currently serving corporate customers in Istanbul, Turkey. A Volt Lines account gives its user access to unlimited rides on the ever-growing Volt Lines network of micro-transit.
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
Teknasyon
VC Fund · Maslak, Istanbul, Turkey · 1 investments in Turkey Automotive startups

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-growthmobile 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.

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Investment focus

  • Industry: Apps, Mobile, Fitness
  • Stage:Seed, Series A
  • Geography: Turkey, United States, United Kingdom

Investor stats

  • Total investments: 22
  • Round size: Seed $112k–$1.5M
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • Deplike — Everyone can make music!
  • PulpoAR — PulpoAR Virtual Try-On Solution is realistic and easy to integrate and customize e-commerce platforms. We have specialized in the beauty industry. Increase your sales by giving your users the chance to try-on your products from the comfort of their homes. PulpoAR Virtual Try-On can be integrated into your e-commerce website, mobile app, smartmirror, and smart mirrors and QR codes as in-store solutions.
  • Komunite — Community is an educational channel and community founded to help people who sell their time become people who sell their products.
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RI Digital Ventures
VC Fund · Berlin, Berlin, Germany · 1 investments in Turkey Automotive startups

Raffay is an investment group with early stage venture capital and real estate as its primary focus.

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Investment focus

  • Industry: E-Commerce, Travel, Fashion
  • Stage:Series A, Seed
  • Geography: Germany, Turkey, Singapore

Investor stats

  • Total investments: 16
  • Round size: Series A $5M–$9.5M
  • Lead/follow: 19% lead, 81% follow

Portfolio highlights

  • IDAGIO — IDAGIO is the leading streaming service for classical music with more than 1.8 million app downloads and subscribers in 190 countries. Crafted in Berlin by a world-class team of over 80 passionate experts in music, technology, business and design, IDAGIO offers a search tailor-made for classical music, expert curation, and an expansive catalogue ofover 2 million licensed tracks. IDAGIO is available through the web app and for download via mobile app with three tiers offered to listeners: IDAGIO Free, IDAGIO Premium, and IDAGIO Premium+. Idagio was founded by Till Janczukowicz and Christoph Lange, a duo that combines longstanding experience in the management of classical music stars with knowledge of the dos and don’ts in the founder scene around music streaming services. For more information, visit www.IDAGIO.com or download IDAGIO for your mobile device from the App Store or Google Play Store.
  • Patience — Patience’s solutions are deployed foreducators of all kind: tutors, training companies, publishers, schools, universities and non-profit organizations.
  • Blacklane — Blacklane is the global chauffeur service that offers safety, sustainability, and stress-free travel. Since 2017, the company has been carbon-neutral, combining a five-star guest experience with care for the planet. The customers can book their travels using Blacklane’s mobile app or website.Blacklane was co-founded by Jens Wohltorf and FrankSteuer and is headquartered in Berlin, Germany.
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Maqasid Asset Management
VC Fund · Umraniye, Istanbul, Turkey · 1 investments in Turkey Automotive startups

Maqasid Asset Management is an independent Real Estate, Private Equity, and portfolio management company.

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Investment focus

  • Industry: Automotive, Electric Vehicle
  • Stage:Seed
  • Geography: Turkey

Investor stats

  • Total investments: 4
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Scoutli — VALORANT Esports Matches, events, stats, and analytics
  • PangeaVR — VR and Console Game Studio
  • Shiftplanner — Shiftplanner is a workforce optimization software that aims to digitalize and automate which helps with management processes and save labor.
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Hummingbird Ventures
VC Fund · Gent, Oost-Vlaanderen, Belgium · 1 investments in Turkey Automotive startups

Supporting Exceptional entrepreneurs. We value emotional intelligence as much as data, growing internal culture as much as growing revenue, and forming strong, personal bonds with founders. We recognize patterns where other don't.

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Investment focus

  • Industry: Software, Financial Services, FinTech
  • Stage:Series A, Seed, Series B
  • Geography: United States, Turkey, United Kingdom

Investor stats

  • Total investments: 143
  • Round size: Seed $828k–$24M; Series A $1.6M–$51M; Series B $2.5M–$58M
  • Lead/follow: 29% lead, 71% follow

Portfolio highlights

  • Tavrn — Tavrn provides state of the art, AI-powered demand letters and medical chronologies for attorneys.
  • BillionToOne — We are a team at the forefront of disease detection focused on moving Prenatal Screening and Liquid Biopsy forward.
  • Jupiter — Getting access to Jupiter before others. 100% digital banking with no pain. Zero balance accounts, no hidden fees. Master your money, reap rewards on Jupiter app - partnered with an RBI licensed bank for max trust.
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VCDE Venture Partners
VC Fund · Frankfurt, Hessen, Germany · 1 investments in Turkey Automotive startups

We love to invest in awesome technology

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Investment focus

  • Industry: Software, SEO, Automotive
  • Stage:Seed, Series A
  • Geography: Germany, Turkey, India

Investor stats

  • Total investments: 19
  • Round size: Series A $2M–$4.9M
  • Lead/follow: 26% lead, 74% follow
  • Last fund: May invest from a new fund soon — raised $35M in 2008

Portfolio highlights

  • itravel — itravel allows leisure travelers to configure and book experiences, hotels, and transportation on tablets, the web, and in social media. itravel offers the client tools to select and “build” custom trips based on desired experiences (such as kitesurfing, elephant rides, special spa treatments), specific room configurations, and personalpreferences. itravel’s app interfaces allow these selections to happen effortlessly and with appealing content.
  • 123Fahrschule — 123fahrschule.de - consolidating and digitizing the German driving school market
  • StalkBuyLove — Styched is India's largest online youth fashion brand. Shop everything from tshirts, polos, hoodies to tops, dresses and a large range of fashion products online on Styched. Free delivery for all prepaid orders.
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StartupFon
VC Fund · Istanbul, Istanbul, Turkey · 1 investments in Turkey Automotive startups

StartupFon is the first and leading equity-based online investment platform based in Turkey and has been founded to capitalize technology-based ventures with qualified angel investors and its own venture capital fund, namely the AngelFund. Startupfon gives their members the opportunity to invest in seed / early-stage technology startups eitherthrough its venture capital AngelFund or co-invest with it independently. As a tool under Startupfon, AngelFund is a micro VC of around USD10 mn. Investors can make investments either on a deal by deal basis or they can allocate some of their budgets to AngelFund to let Startupfon invest on behalf of themselves. Startupfon has been founded by Istanbul Startup Angels (“ISA”) as its online investment platform in 2016. ISA is a leading angel investor platform accredited in 2014 discovering ambitious startups in their early-stage while mentoring them in the process. ISA also organizes angel investor academies for high net worth individuals and accelerator programs for corporates. ISA performs with 4.3x TVPI on a total of TL 10 mn investments in 27 ventures as of March 2019.

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Investment focus

  • Industry: SaaS, Software, E-Commerce
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Turkey, United States, Switzerland

Investor stats

  • Total investments: 31
  • Round size: Seed $30k–$5.2M; Pre-Seed $50k–$400k
  • Lead/follow: 10% lead, 90% follow
  • Last fund: May invest from a new fund soon — raised $10M in 2021

Portfolio highlights

  • Lumian — Lumian Energy of Things Platform is an IoT-based hardware agnostic platform that collects and visualizes data in real time, analyses energy data with machine learning models and offers energy saving and decarbonization solutions. The Platform is designed to effortlessly integrate with third party systems, connect up to millions of devices, whilesimultaneously orchestrating them through an intuitive drag-and-drop interface.
  • MARS — MARS provides digital financial services with unique card options and rewards programs.
  • PhilosopherKing — PhilosopherKing is a AI-powered games platform.
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TRANGELS
VC Fund · Istanbul, Istanbul, Turkey · 1 investments in Turkey Automotive startups

Early Stage Investment Fund and Network

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Investment focus

  • Industry: Software, Information Technology, Biotechnology
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Turkey, United States, Estonia

Investor stats

  • Total investments: 59
  • Round size: Seed $52k–$1.4M; Angel $24k–$500k; Pre-Seed $29k–$400k
  • Lead/follow: 15% lead, 85% follow

Portfolio highlights

  • PackUpp — PackUpp is a new generation on-demand “Fast Delivery” technology company and we provide E-Commerce delivery solutions. We serve “Next-Day”, "Same-Day" and "3 Hours Express" deliveries to e-commerce companies. In addition to it, we form “Private Dedicated Field Delivery Teams” to companies as a special delivery team of brand. Wedigitalize all the delivery process by our unique software and technology.Focus on the job which you are best at! Rest, all your packages will be delivered by PackUpp, Fast Delivery Expert.
  • Salty Enerji — Salty Enerji is a manufacturing company that designs energy storage infrastructure to enhance renewable power efficiency and distribution.
  • Weddingbouquet.com — DüğünBuketi is a web and special event organization portal that brings wedding firms together to get price quotes. It was founded in 2017 and is based in Izmir, Turkey.
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Ethos Capital
VC Fund · Boston, Massachusetts, United States · 1 investments in Turkey Automotive startups

Ethos Capital is an investment company that helps companies drive growth and transformation by employing new technologies. It is committed to setting ethics and social responsibility for registry operations and supporting a globally connected and resilient Internet.

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Investment focus

  • Industry: SaaS, Consumer, Internet
  • Stage:Seed, Series A
  • Geography: Turkey, Venezuela, United States

Investor stats

  • Total investments: 5
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • Metafide — Metafide offers AI-driven trading solutions and Web3 asset analysis for financial entities.
  • Identity Digital — Identity Digital offers individuals and organizations relevant domain names to express digital identity.
  • Broadstreet Partners — BroadStreet Partners is a nationally ranked insurance brokerage in Columbus, Ohio. We have a unique co-ownership approach to investing. Call us to learn more.
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Wamda Capital
VC Fund · Dubai, Dubai, United Arab Emirates · 1 investments in Turkey Automotive startups

We are a leading venture capital firm in Dubai, UAE, focused on supporting entrepreneurs in the MENA region at the seed- and early-stage building great companies.

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Investment focus

  • Industry: E-Commerce, Software, Financial Services
  • Stage:Seed, Series A, Series B
  • Geography: United Arab Emirates, Turkey, United States

Investor stats

  • Total investments: 120
  • Round size: Seed $600k–$6.5M; Series A $2M–$12M; Series B $3.5M–$65M
  • Lead/follow: 29% lead, 71% follow
  • Last fund: May invest from a new fund soon — raised $70M in 2018

Portfolio highlights

  • Eyewa — Eyewa is the first dedicated online eyewear store for the Middle East. We have thousands of different eyeglasses, sunglasses, color contact lenses and prescription contact lenses for you to choose from. On Eyewa, you’ll find quintessentially cool brands like Ray-Ban and Emporio Armani, heritage brands like Burberry and Persol, high-fashion brandslike Fendi, Dolce & Gabbanaand Prada sporty brands like Nike and Lacoste and everything in between. Discover their brands portfolio with thousands of styles here.
  • Qeen Ai — qeen.ai is a GenAI native platform that enables autonomous AI to e-commerce firms of all sizes.
  • Hala — Hala offers a payment and wallet solution for individuals and point-of-sale (PoS) services that enable merchants to accept credit card payments.
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Mangrove Capital Partners
VC Fund · Luxembourg, Luxembourg, Luxembourg · 1 investments in Turkey Automotive startups

Mangrove Capital Partners is a contrarian investment firm helping innovative entrepreneurs start and grow.

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Investment focus

  • Industry: Software, E-Commerce, Information Technology
  • Stage:Series A, Seed, Series B
  • Geography: United States, United Kingdom, Israel

Investor stats

  • Total investments: 146
  • Round size: Seed $675k–$9.5M; Series A $2.5M–$12M; Series B $8M–$25M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: May invest from a new fund soon — raised $234M in 2017

Portfolio highlights

  • WalkMe — Using technology should be the way we overcome challenges, not the challenge itself.
  • Sifflet — You make important business decision based on your data. Sifflet ensures the data is reliable, traceable and easy to navigate.
  • Lightico — AI Intelligent Document Processing, IDP, ID Verification, KYC and Compliant Customer Journeys for Banks, Auto Finance, Telecoms.
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March Holding
VC Fund · Dubai, Dubai, United Arab Emirates · 1 investments in Turkey Automotive startups

March Holding makes Investment in Commercial Enterprises & Management.

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Investment focus

  • Industry: Transportation, Public Transportation, Information Technology
  • Stage:Seed, Series A, Convertible Note
  • Geography: United Arab Emirates, Iraq, Turkey

Investor stats

  • Total investments: 6
  • Round size: Seed $3M–$11M; Series A $4.5M–$6M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • Baly — Baly is the cheapest and fastest taxi application in Baghdad.
  • Zbooni — Customers are most receptive on social and messaging apps today. Bring the checkout experience to them, in real-time.
  • Lyve Global — Lyve reimages logistics through advanced and agile solutions and technology innovations that connect organizations and opportunities.
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Kosgeb
VC Fund · Ankara, Ankara, Turkey · 1 investments in Turkey Automotive startups

Kosgeb is a government body dedicated to helping SMEs in their development through a variety of activities and services. They provide up to 6 million liras in support of SMEs in Turkey that would manufacture imported goods utilizing domestic and national resources.

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Investment focus

  • Industry: Software, Health Care, Medical
  • Stage:Grant, Pre-Seed, Seed
  • Geography: Turkey

Investor stats

  • Total investments: 15
  • Round size: Seed $6k–$165k; Grant $1k–$400k; Pre-Seed $4.4k–$150k
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Yanhak — Yanhak: Empowering Employees, Simplifying HRYanhak’s AI-powered platform enables employees to choose personalized benefits using company budgets through our user-friendly app, featuring a wide range of brands and gift vouchers. We streamline HR processes, making compensation inclusive and efficient.Freedom for Employees: Employees select fromhundreds of brands and gift vouchers within company budgets via the Yanhak app.Simplicity for HR: Manage budgets, perks, and offer comparisons seamlessly on a single platform.Quick Start: Free, ready-to-deploy white-label solutions for startups and SMEs without benefit programs.Data-Driven Insights: AI analyzes employee needs to recommend optimal benefit options. Trusted Support: Backed by Türkiye’s leading tech ecosystem at İTÜ Teknokent.
  • Mistikist — Mistikist uses binaural beats for sleep and focus. This helps you relax, lower stress, and increase productivity in just minutes.
  • Vexnor Technology — Biomimetic Actuators, Wearable Robotics, Exoskeleton Technology, Artificial Muscles, Human-Machine Integration, Assistive Robotics, Industrial Ergonomics, Electromechanical Systems, HealthTech, DeepTech, Biomechanics, Robotics R&D, MedTech
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212
VC Fund · Istanbul, Istanbul, Turkey · 1 investments in Turkey Automotive startups

We back bold entrepreneurs building legendary companies.

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Investment focus

  • Industry: Software, E-Commerce, Artificial Intelligence
  • Stage:Seed, Series A, Series B
  • Geography: Turkey, United States, United Kingdom

Investor stats

  • Total investments: 59
  • Round size: Seed $500k–$4M; Series A $1.7M–$22M; Series B $250k–$27M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: May invest from a new fund soon — raised $51M in 2018

Portfolio highlights

  • Qrambo — Qrambo manages companies' operational processes end-to-end through AI-powered workflow automation and automates repetitive and error-prone processes while offering modular solutions for various sectors such as fintech, e-commerce, educational technology (edtech), logistics, and supply chain management.
  • Promake
  • Getmobil — Getmobill offers services in refurbished devices and their sale and resale.
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Arz Portfolio
VC Fund · Istanbul, Istanbul, Turkey · 1 investments in Turkey Automotive startups

Arz Portfolio, an investor operating under a license from the Capital Markets Board of Turkey, is positioned to become one of the leading asset management companies in Turkey. Primary areas of investment focus of Arz Portfolio comprise Private Equity / Venture Capital and Commercial Real Estate investments. Arz Portfolio's generalpartners’ combined experience encompasses (i) global private equity investment experience managing USD 500m+ in private equity funds, (ii) senior executive leadership positions in global technology companies such as Microsoft and Turk Telekom, (iii) ground up successful entrepreneurial experience in Turkish market and (iv) management USD 150m real estate portfolio.

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Investment focus

  • Industry: Software, E-Commerce, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: Turkey, United States, United Kingdom

Investor stats

  • Total investments: 39
  • Round size: Seed $100k–$2.5M
  • Lead/follow: 26% lead, 74% follow

Portfolio highlights

  • Rnv.ai — RNV Analytics provides AI and ML driven solutions for inventory allocation problem of retail companies. With algorithmics recommendation, their customers decide which product should be located in which sales points both online and offline.
  • Comodif — Comodif is a spin-off from the Farplas Entrepreneur-in-Residence program, which bridges electronics and mobile applications as a core competency for driving a vehicle. Specializing in M2M communication, IOT and telematics big-data analytics services, Comodif team develops both hardware and software to make cars smarter. Comodif Connected CarsPlatform Project has also been funded by the European Union Eureka in 2014. Using the cutting edge software technologies, Comodif processes car data to enable smarter and more efficient transportation, and interacts with external traffic environment to increase safety. Comodif tracks your resources for you to help your driving be easier and pleasurable.
  • Branchsight — Made with Framer
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Vitol
VC Fund · New York, New York, United States · 1 investments in Turkey Automotive startups

Vitol is an energy and commodities company. We trade and distribute energy safely and responsibly around the world using our logistical expertise and infrastructure network.

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Investment focus

  • Industry: Energy, Transportation, Automotive
  • Stage:Series C, Debt Financing
  • Geography: India, United States, Turkey

Investor stats

  • Total investments: 10
  • Lead/follow: 60% lead, 40% follow

Portfolio highlights

  • WattEV — WattEV is speeding up the transition of US trucking transport into zero emission faster than anyone could expect. We use a combination of business and technology innovation to create infrastructure and data driven workflow that provide truckers and fleet operators the lowest total cost of ownership.
  • Juniper Green Energy — Juniper Green Energy Limited Limited is a trusted leader in providing innovative and sustainable renewable e nergy solutions with the latest technologies.
  • Uganda National Oil Company — Their overall function is to handle the Government of Uganda’s commercial interests in the petroleum sector and to ensure that the resource is exploited in a sustainable manner.
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GSYF
VC Fund · 1 investments in Turkey Automotive startups

Investment focus

  • Industry: Software, Automotive, Internet of Things
  • Geography: Turkey

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Comodif — Comodif is a spin-off from the Farplas Entrepreneur-in-Residence program, which bridges electronics and mobile applications as a core competency for driving a vehicle. Specializing in M2M communication, IOT and telematics big-data analytics services, Comodif team develops both hardware and software to make cars smarter. Comodif Connected CarsPlatform Project has also been funded by the European Union Eureka in 2014. Using the cutting edge software technologies, Comodif processes car data to enable smarter and more efficient transportation, and interacts with external traffic environment to increase safety. Comodif tracks your resources for you to help your driving be easier and pleasurable.
  • Fizix — Wisersense is an end-to-end smart machine health monitoring solution to control increased maintenance and energy costs. In line with Industry 4.0 and the trend towards digitalization, it offers monitoring, tracking, remote measurement and detection of possible faults much earlier for smart factory and smart city projects. The health of allsystems, large and small, in every stage of production, especially motors, compressors, fans, pumps, etc. rotary systems can be monitored. In this way, early detection of problems, improvement in operations and personnel safety, increase in production, decrease in downtime, increase in end product quality, etc. many benefits are provided. Let Your Machines Talk To You!
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ARI Çekirdek
VC Fund · 1 investments in Turkey Automotive startups

ARI Çekirdek You dream of starting your own business, you want to be your own boss.

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Investment focus

  • Industry: Big Data, Internet, Automotive
  • Stage:Pre-Seed
  • Geography: Turkey

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • iUGO Technology — iUGO Technology promotes vehicle tech to transform driver, vehicle & infrastructure data into real-time actionable intelligence. This technology collects road and vehicle data via myIUGO device data clustering and machine learning. It also has a multi-dimensional digital mapping using vehicle data and predictive traffic/road conditionswhere route prediction and driver behavior are analyzed..
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Liil Ventures
VC Fund · Ciudad De León, Guanajuato, Mexico · 1 investments in Turkey Automotive startups

Quality of life in motion

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Investment focus

  • Industry: Transportation, Software, Ride Sharing
  • Stage:Series A, Seed
  • Geography: Spain, Mexico, Togo

Investor stats

  • Total investments: 16
  • Round size: Seed $3.7M–$6M; Series A $1.9M–$13M
  • Lead/follow: 19% lead, 81% follow

Portfolio highlights

  • BusUp — BusUp is a mobility service provider that specializes in efficient and flexible corporate commuting services, and is the first company in the world to offer shared corporate shuttle services. Established in 2016, BusUp is already a global company that is currently fully operational in the U.S., Europe, and Latin America for large corporations suchas Accenture, Roche, Siemens, Cognizant, Nestlé, DXC Technologies, Louis Vuitton, etc. Thanks to its technology and its innovative business model BusUp has disrupted a very traditional and low digitized sector, bringing efficiency and convenience to all its stakeholders: passengers, clients, operators, and public administration. Since its inception, BusUp has partnered with more than 150 operators and attended more than 100 clients, exceeding 500,000 passengers worldwide. To learn more about BusUp, visit www.busup.com.
  • Gozem — Gozem is a transport technology platform for Francophone West and Central Africa.
  • Katapult Studios — Katapult deploys top LATAM engineering teams to build and scale your product, from MVP to world-class solution.
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Sente Ventures
VC Fund · Chicago, Illinois, United States · 1 investments in Turkey Automotive startups

Sente is a Chicago-based startup investment and innovation platform. Sente searches the world for the most high-potential startups and helps them scale through unprecedented guidance, support, and connections.

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Investment focus

  • Industry: Artificial Intelligence, Machine Learning, Software
  • Stage:Pre-Seed, Convertible Note, Seed
  • Geography: United States, Turkey, Israel

Investor stats

  • Total investments: 38
  • Round size: Pre-Seed $50k–$1.5M; Convertible Note $50k–$50k
  • Lead/follow: 11% lead, 89% follow

Portfolio highlights

  • Kfobix Inc. — Revolutionizing Grid Maintenance with AI and Robotics
  • M-Based — M-Based develops next-generation biomaterials using mushroom, redefining sustainability in design and materials.
  • Kybele's Garden — Kybele's Garden focus on algae-based bioponics and algae fermentation methods. Their differentiation strategy boosts harvest yield, source efficiency, and functional content, while improving sensory attributes and shelf life. These technologies can be used in agrifood and skin care, and integrated into existing producers' systems.
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Migros
VC Fund · Zürich, Zurich, Switzerland · 1 investments in Turkey Automotive startups

Migros operates in the retail, industry, and financial service sectors in Switzerland and internationally. It operates through six segments: Cooperative Retailing, Commerce, Industry and Wholesaling, Financial Services, Travel, and Others. The Cooperative Retailing segment is involved in the operation of supermarkets and hypermarkets; andwholesale, catering, specialist markets, leisure, and club schools businesses. This segment also provides health services; and logistics services, such as transportation of goods and central warehousing services. The Commerce segment sells men’s and ladies’ wear, home accessories, entertainment media, office equipment, electro mobility products, and heating and fuel oils; and operates furniture, Internet retail, and convenience stores. The Industry and Wholesaling segment engages in the manufacture and sale of food and near food products, and non-food products under its own brands and labels. The Financial Services segment provides banking products and services. The Travel segment offers tour operator, travel agent, and other related tourist services. The Others segment provides property management services. The company is involved in operating fitness studios and a shopping center; and the production and sale of dried meat, and cold sauces and spices. The Federation of Migro Cooperatives that began operation on August 15, 1925 became Migros-Genossenschafts-Bund in January 1941, with its headquarters in Zurich in Switzerland.

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Investment focus

  • Industry: Delivery, Food Processing, Food and Beverage
  • Stage:Seed, Series A, Corporate Round
  • Geography: Turkey, Switzerland, Israel

Investor stats

  • Total investments: 7
  • Round size: Seed $3.5M–$9.6M; Series A $4.3M–$14M; Corporate Round $567k–$3M
  • Lead/follow: 29% lead, 71% follow

Portfolio highlights

  • CRC — CRC Corporate is a platform that assists businesses with "Joint Purchasing" problems by connecting businesses from different industries in Turkey together.
  • properti — "building the world's greatest real estate company"Properti is a modern, young and pioneering PropTech startup founded in November 2019. Through our unique Properti System, which combines the latest technologies, in-depth expertise and world-class marketing, we provide an exclusive service. Our mission is to change the real estateindustry sustainably with the symbiosis of technology and people to build trustworthiness and transparency. Our goal is to offer customers a full service around the housing ecosystem.
  • Prime Roots — Prime Roots is on a mission to provide a better cut of meat for every type of eater. Rooted in koji, Prime Roots is able to replicate the taste and texture of meat without any of the environmental costs of animal proteins.
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Automotive VC funding in Turkey at a glance

Stats across 50 deals from 44 investors.

44
investors
in Turkey Automotive startups
50
deals
in Turkey Automotive startups
$500k
median round
in Turkey Automotive startups
55%
lead investors
lead at least one round
34%
Seed
most common funding stage

Access all 44 VC funds in Turkey Automotive startups.

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