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Top 50 Energy VC Funds & Investors in Turkey (June 2026)

The most active venture capital funds investing in Turkey Energy startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Turkey Energy startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
TRANGELS
VC Fund
8 Turkey, United States, Estonia Seed, Pre-Seed, Angel Software, Information Technology, Biotechnology $24k–$1.4M
Maxis
VC Fund
8 Turkey, United States, United Kingdom Seed, Pre-Seed Software, Artificial Intelligence, E-Commerce $82k–$2.5M
Founder One
VC Fund
6 Turkey, United States, Germany Seed, Pre-Seed EdTech, Software, Health Care $73k–$1.7M
Boğaziçi Ventures
VC Fund
4 Turkey, United Arab Emirates, Canada Seed, Pre-Seed Software, Gaming, Information Technology $82k–$1.5M
Alesta Yatırım
VC Fund
4 Turkey, United States Seed, Pre-Seed Software, Artificial Intelligence, Information Technology $9k–$1.5M
500 Istanbul
VC Fund
4 Turkey, United States, Estonia Seed, Pre-Seed, Series A Software, Information Technology, SaaS $250k–$15M
TechOne VC
VC Fund
4 Turkey, United States, Estonia Seed, Series A Software, SaaS, Information Technology $175k–$22M
212
VC Fund
4 Turkey, United States, United Kingdom Seed, Series A, Series B Software, E-Commerce, Artificial Intelligence $250k–$27M
Arya Ventures
VC Fund
3 Turkey, United States, United Kingdom Seed, Series A, Pre-Seed Software, E-Commerce, Biotechnology $200k–$22M
Logo Ventures
VC Fund
3 Turkey, United Kingdom, Norway Seed, Series A Software, Retail, SaaS $600k–$22M
DFF Ventures
VC Fund
3 The Netherlands, United Kingdom, Germany Seed, Pre-Seed, Series A Software, Marketplace, Information Technology $823k–$27M
Earlybird Venture Capital
VC Fund
3 Germany, United States, United Kingdom Series A, Seed, Series B Software, Information Technology, Artificial Intelligence $1.4M–$75M
YEO
VC Fund
3 Turkey, United States Seed, Series B Energy, Manufacturing, Battery
Fark Labs
VC Fund
3 Turkey, United States Seed, Pre-Seed, Series A Software, SaaS, Energy $200k–$2.2M
Toshiba Corporation
VC Fund
2 Japan, United States, United Kingdom Series B, Series C Software, Energy, SaaS $4M–$219M
Diffusion Capital Partners
VC Fund
2 Turkey, United States, United Kingdom Seed, Series A Software, Information Technology, Analytics $439k–$2.7M
RePie Asset Management
VC Fund
2 Turkey, Canada, Germany Seed, Series A FinTech, Software, E-Commerce $123k–$38M
Kültepe Investment
VC Fund
2 Turkey, United States Seed, Convertible Note, Pre-Seed Software, E-Commerce, SaaS $31k–$2.8M
BVA Mümessilik
VC Fund
2 Turkey Seed Battery, Chemical, Software
Sente Ventures
VC Fund
2 United States, Turkey, Israel Pre-Seed, Convertible Note, Seed Artificial Intelligence, Machine Learning, Software $50k–$1.5M
ERBAN
VC Fund
2 Turkey, United States Seed Energy, Battery, Industrial $67k–$92k
EGIAD Angels
VC Fund
2 Turkey, Estonia Seed, Pre-Seed Software, E-Commerce, Information Technology $64k–$2.2M
Revo Capital
VC Fund
2 Turkey, United States, United Kingdom Seed, Series A Software, Financial Services, Information Technology $430k–$38M
Westure VC
VC Fund
2 Turkey Seed Renewable Energy $600k–$600k
Organik Kimya
VC Fund
2 Turkey Seed GreenTech, Machine Learning, Waste Management
DOMiNO Ventures
VC Fund
1 United States, Turkey, Estonia Seed, Pre-Seed, Series A Artificial Intelligence, Software, Information Technology $400k–$9.5M
Teknoloji Yatirim
VC Fund
1 Turkey, United States, Germany Seed, Series A, Convertible Note Software, Analytics, Machine Learning $550k–$11M
Republic
VC Fund
1 United States, Singapore, Switzerland Seed, Equity Crowdfunding, Pre-Seed Blockchain, Financial Services, FinTech $76k–$13M
Akis Gayrimenkul Yatirim Ortakligi
VC Fund
1 Turkey Seed, Corporate Round Retail, Shipping, Shopping
Geometry Venture Development
VC Fund
1 Turkey, United States Pre-Seed, Seed Software, Artificial Intelligence, SaaS $10k–$5M
European Bank for Reconstruction and Development
VC Fund
1 Turkey, Egypt, United States Debt Financing, Post-IPO Debt Financial Services, Banking, Finance $5M–$369M
Arz Portfolio
VC Fund
1 Turkey, United States, United Kingdom Seed, Pre-Seed Software, E-Commerce, Information Technology $100k–$2.5M
Idacapital
VC Fund
1 Turkey, United Kingdom, United States Seed, Convertible Note, Pre-Seed FinTech, Logistics, E-Commerce $150k–$2M
Cleantech Ventures
VC Fund
1 Turkey, Germany Seed Energy, Software, Renewable Energy
TÜBİTAK
VC Fund
1 Turkey, United Kingdom, United States Grant, Pre-Seed, Seed Software, Artificial Intelligence, Health Care $3k–$2.5M
RHEA Venture Capital Investment Trust
VC Fund
1 Turkey Seed GreenTech, Nanotechnology
Smartup Partners
VC Fund
1 Turkey Seed Sustainability
Atış Holding
VC Fund
1 Turkey Seed Sustainability
Moonrock Capital
VC Fund
1 United States, Singapore, United Kingdom Seed, Pre-Seed Blockchain, Information Technology, Cryptocurrency
TT Ventures
VC Fund
1 Turkey, United States, United Kingdom Seed, Pre-Seed Software, Information Technology, Artificial Intelligence
Albaraka Turk
VC Fund
1 Turkey, United Kingdom Seed, Pre-Seed, Equity Crowdfunding FinTech, Information Technology, Financial Services
Akbank
VC Fund
1 Turkey Pre-Seed, Post-IPO Debt, Debt Financing Energy, Gaming, Textiles $400k–$500k
APLUS Enerji
VC Fund
1 Turkey Seed PaaS, SaaS, Solar
SOSV
VC Fund
1 United States, India, United Kingdom Seed, Convertible Note, Pre-Seed Biotechnology, Health Care, Software
Lima Ventures
VC Fund
1 Turkey, United Kingdom, Estonia Seed, Pre-Seed Artificial Intelligence, Software, FinTech $18k–$702k
LD Capital
VC Fund
1 United States, Singapore, United Kingdom Seed, Initial Coin Offering Blockchain, Cryptocurrency, Gaming $1.2M–$10M
2040 Ventures
VC Fund
1 Turkey, New Zealand Seed Software, Sustainability, Renewable Energy $1.1M–$1.8M
Nexus Ventures
VC Fund
1 Turkey, United States, India Seed, Angel, Series A Software, Internet, SaaS $1k–$53M
Keiretsu Forum
VC Fund
1 United States, India, Turkey Seed, Series A Health Care, Software, Biotechnology $102k–$8.6M
HEDEF GIRISIM SERMAYESI
VC Fund
1 Turkey, United Kingdom Seed, Equity Crowdfunding Pet, FinTech, Internet $292k–$438k
Access all 132 VC funds in Turkey Energy startups.

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

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Investor list

TRANGELS
VC Fund · Istanbul, Istanbul, Turkey · 8 investments in Turkey Energy 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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Maxis
VC Fund · Besiktas, Istanbul, Turkey · 8 investments in Turkey Energy startups, 6 in the past 12 months

Private Equity Investment arm of Isbank

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Investment focus

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

Investor stats

  • Total investments: 85
  • Round size: Seed $82k–$2M; Pre-Seed $100k–$2.5M
  • Lead/follow: 14% lead, 86% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • Hardal — Centralize your first-party data and connect it from any source to any destination for a better performance.
  • Dengage — Dengage is a Customer Experience Data Platform (CXDP) with built-in CDP powered by full marketing automation capabilities.
  • Getmobil — Getmobill offers services in refurbished devices and their sale and resale.
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Founder One
VC Fund · Sisli, Istanbul, Turkey · 6 investments in Turkey Energy startups

Founder One makes investment at the idea and seed stage in initiatives with measurable impact goals.

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Investment focus

  • Industry: EdTech, Software, Health Care
  • Stage:Seed, Pre-Seed
  • Geography: Turkey, United States, Germany

Investor stats

  • Total investments: 35
  • Round size: Seed $73k–$1.7M; Pre-Seed $100k–$1.4M
  • Lead/follow: 54% lead, 46% follow
  • Last fund: Likely still investing — raised $7.9M in 2022

Portfolio highlights

  • MilkApp — MilkApp is a developer of raw milk analysis, tracking, and identification systems. They also develop a mobile milk analyzer system. They also provide research and development services for agricultural fields.
  • PoiLabs — PoiLabs has solutions for shopping malls, museums, industries, warehouses, hospitals and more. You can visit our website to learn more about our solutions.
  • Werover — Wind Turbine Blade Health Monitoring System | Werover
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Boğaziçi Ventures
VC Fund · Istanbul, Istanbul, Turkey · 4 investments in Turkey Energy startups

Boğaziçi Ventures has been established in 2015 with the purpose of supporting entrepreneurship to take their global success to a next level. We aim to invest in technology start-ups which have talented teams by providing business models and looking for funds and mentoring support for future exponential growth.BV Growth fund will only focus on thetechnology startups established in Turkey at the 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, especially new initial coin offerings (ICO), but they don’t know which one is reliable. We have an 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.

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Investment focus

  • Industry: Software, Gaming, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: Turkey, United Arab Emirates, Canada

Investor stats

  • Total investments: 53
  • Round size: Seed $82k–$1.5M; Pre-Seed $250k–$600k
  • Lead/follow: 55% lead, 45% follow
  • Last fund: May invest from a new fund soon — raised $7.3M in 2020

Portfolio highlights

  • Ideanote — Ideanote is your complete innovation platform. It's faster, more efficient, and lets you build a fully customizable idea management flow from start to finish.
  • Lucida AI — Enhance your employees' language skills with our AI-powered tool, tailored to your company regulations using end-to-end encryption.
  • Ono — OneNewOne, which operates in the Human Resources vertical, uses artificial intelligence technology to classify and match the CV Pool in minutes and to enable artificial intelligence to do preliminary interviews using its "Smart Pre-Interview" module.
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Alesta Yatırım
VC Fund · Istanbul, Istanbul, Turkey · 4 investments in Turkey Energy 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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500 Istanbul
VC Fund · Istanbul, Istanbul, Turkey · 4 investments in Turkey Energy startups

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 ofentrepreneurs in over 60 countries.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Turkey, United States, Estonia

Investor stats

  • Total investments: 25
  • Round size: Seed $250k–$1.2M; Pre-Seed $720k–$2.6M; Series A $2.7M–$15M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: May invest from a new fund soon — raised $35M in 2021

Portfolio highlights

  • Permify — Permify is an open-source authorization for building RBAC, ABAC, and Access Control in your application. Create your access control model, sync your authorization data, and enforce permission with a single check!
  • Refine — Build enterprise internal tools and B2B apps 10x faster with Refine agents. Experience the future of vibe coding and AI-led development.
  • Freeflow — The blockchain developer marketplace for web3 projects.
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TechOne VC
VC Fund · Istanbul, Istanbul, Turkey · 4 investments in Turkey Energy startups

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.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Seed, Series A
  • Geography: Turkey, United States, Estonia

Investor stats

  • Total investments: 51
  • Round size: Seed $175k–$2.8M; Series A $2.2M–$22M
  • Lead/follow: 20% lead, 80% follow
  • Last fund: May invest from a new fund soon — raised $4.4M in 2020

Portfolio highlights

  • Co-one — Co-one empowers businesses to unlock the full potential of Generative AI. We provide data-driven solutions for LLM development, including evaluation and dataset generation.
  • Wask — Digital marketing ads software: create new smart ads and management digital marketing fast, advertising easily with digital marketing software tool
  • Getmobil — Getmobill offers services in refurbished devices and their sale and resale.
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212
VC Fund · Istanbul, Istanbul, Turkey · 4 investments in Turkey Energy 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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Arya Ventures
VC Fund · Istanbul, Istanbul, Turkey · 3 investments in Turkey Energy startups

Arya GSYF is Turkiye's first and only venture capital fund focused on gender balance. With a commitment to high returns and high impact, it offers unique

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Investment focus

  • Industry: Software, E-Commerce, Biotechnology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Turkey, United States, United Kingdom

Investor stats

  • Total investments: 16
  • Round size: Seed $200k–$4M; Pre-Seed $1M–$1.5M; Series A $1.2M–$22M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • reprai
  • Navlungo — e-commerce shipping platform
  • Cellestetix — Cellestetix is a biotech company that specializes in developing and commercializing plant-based exosome formulas for regenerating skin, hair, and wellness.
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Logo Ventures
VC Fund · Istanbul, Istanbul, Turkey · 3 investments in Turkey Energy startups

Logo Ventures is an early-stage venture capital firm, investing in innovative high growth technology startups with a potential to scale globally. We partner with exceptional teams with bold ideas and aim to build the future through technology together with them. We focus on the CEE, Baltic and Turkey region and support companies as they transforminto established players within their industry.

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Investment focus

  • Industry: Software, Retail, SaaS
  • Stage:Seed, Series A
  • Geography: Turkey, United Kingdom, Norway

Investor stats

  • Total investments: 26
  • Round size: Seed $600k–$3.1M; Series A $2.2M–$22M
  • Lead/follow: 8% lead, 92% follow
  • Last fund: Likely still investing — raised $20M in 2021

Portfolio highlights

  • Hazy — Hazy is a UCL AI spin out backed by Microsoft and Nationwide. Our core product is synthetic data - data generated artificially using machine learning techniques, that retains the statistical properties of the real data and can be safely used for analytics and innovation without compromising customers privacy and confidential information. We do itby capturing patterns in the raw data to generate completely synthetic 'hazy' data that maintains the statistical value of the original. This means businesses can unlock their data for innovation freely with safer and faster data provisioning on demand and no compliance, security or privacy risks and procurement delays.
  • Quin AI — Quin AI is a real-time digital customer analytics tool that helps e-commerce websites predict visitors’ behavior after only 3-clicks, and engage them in real-time. The tool is very simple to install (just a JavaScript plugin), and only uses in-session clickstream data (cookie-free & GDPR compliant) to make highly accurate predictions to supportconversion for traffic that otherwise drops.Quin significantly increases engagement and incremental revenue on websites through native engagement tools and easy API integration to available tech-stacks which makes the product an ideal solution for e-commerce websites and ideal partner for companies providing services to retail and e-commerce businesses.
  • Replenit — Transform your repeat purchase revenue with Replenit's AI Decision Engine. Predict exactly when customers need to reorder based on individual consumption pat...
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Access 48,091 investors

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

Browse database — It's Free!
DFF Ventures
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 3 investments in Turkey Energy startups

Dutch Founders Fund is a (pre) seed venture fund that backs founders building the marketplaces of tomorrow. We like platforms that reimagine traditional supply chains and SaaS-enabled marketplaces.

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Investment focus

  • Industry: Software, Marketplace, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: The Netherlands, United Kingdom, Germany

Investor stats

  • Total investments: 61
  • Round size: Seed $1.3M–$13M; Pre-Seed $823k–$2.8M; Series A $5.5M–$27M
  • Lead/follow: 39% lead, 61% follow

Portfolio highlights

  • Caya — We believe in a future of work transformed by technology. Where the pain of admin is automated, freeing people to focus on creativity, big decisions and doing business. From anywhere, at any time. Our mission is to transform business admin into an automagic experience. Today we enable the paperless office by offering a cloud solution to manage alldocument workflows in one place. Tomorrow CAYA empowers SMBs to run a fully automated backoffice.
  • METYCLE — The B2B marketplace for global scrap metal trading. We give the world access to scrap metal.
  • NorthLadder — Most of us know what it feels like to sell a pre-owned device - be it a smartphone, a laptop or a tablet. The fact is that the pre-owned market is intransparent and finding a fair price for your asset is daunting. Even if you do get a fair price, the inconvenience of meeting the buyer, negotiating the price, shipping the asset, and waiting forpayment could be an exhausting process. And then there is the worry of figuring out what happens to the data on your device.This is why NorthLadder came to be. We are the region’s only auction-driven selling platform for pre-owned electronics devices- a thoughtfully created service where people can sell their devices to a network of global buyers and get cash instantly in a safe, dignified, and hassle-free manner.But that’s not all. We have many convenient drop-off locations across the region for getting instant cash against your devices. Don’t want to drop off your device? No worries, we will come to your doorstep to pick it up and hand the cash over to you. And if you want your data to be erased, we can advise you on ways to do it or use internationally approved software to erase it for a small fee.We have served thousands of customers and their overwhelmingly positive feedback tells us we are on the right track. Our efforts actively contribute to the formation of a circular economy, which is the need of the day. You can help too, by introducing your electronic gadget to the secondary market - increase its lifespan and reduce its carbon footprint. This is what keeps us motivated: to help the planet as we continue our mission to serve millions of people across the globe.We are passionate, we are focussed, we are NorthLadder.
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Earlybird Venture Capital
VC Fund · Berlin, Berlin, Germany · 3 investments in Turkey Energy startups

Founded in 1997, Earlybird is a pan-European VC investor backing tech-enabled companies and investing in their growth and development. Funds include Earlybird, Earlybird Health, Growth Opportunities.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Series A, Seed, Series B
  • Geography: Germany, United States, United Kingdom

Investor stats

  • Total investments: 328
  • Round size: Seed $1.4M–$14M; Series A $4.4M–$35M; Series B $5M–$75M
  • Lead/follow: 47% lead, 53% follow
  • Last fund: Likely still investing — raised $190M in 2024

Portfolio highlights

  • Hilo — Get stress-free readings round the clock with Hilo's clinically validated blood pressure monitor. Learn more
  • Neuracore — Neuracore is a robot learning platform that helps to train robots and deploy intelligent behaviour.
  • Nosh Biofoods — We create nutritional and highly functional proteins from non-GMO fungi. Our proprietary ferementation process is minimal, scalable, and sustainable.
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YEO
VC Fund · Kartal, Istanbul, Turkey · 3 investments in Turkey Energy startups

YEO is a power generation, transmission, and distribution corporation that focuses on automation and electrification. YEO provides electrification, automation, and digitization solutions. They provide design, engineering, procurement, integration, installation, and commissioning projects as the EPC contractor for clients ranging from traditionalstate-owned utilities to independent power plant developers.

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Investment focus

  • Industry: Energy, Manufacturing, Battery
  • Stage:Seed, Series B
  • Geography: Turkey, United States

Investor stats

  • Total investments: 4
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • 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.
  • Ion Membranes — Ion membranes is a company that designs and manufactures ion exchange membranes and separators for the green energy industry. Our products are used in batteries, electrolyzers, fuel cells, chlor-alkali facilities, electrodialysis water treatment processes, and other applications that require ionic range separation.
  • ARC Clean Energy — ARC Clean Energy is a clean energy technology company that offers safe, reliable, and economical carbon-free power. It is developing the ARC-100, an advanced small modular reactor (SMR). It leverages the proven technology developed by the US government’s Argonne National Labs, which operated successfully for thirty years in Idaho. The ARC-100’ssimple, modular design provides 100 megawatts of electricity that is cost-competitive with fossil fuels. The ARC-100 has been selected by New Brunswick Power in Canada for implementation on their Point Lepreau site with completion targeted for the late 2020s.
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Fark Labs
VC Fund · Maslak, Istanbul, Turkey · 3 investments in Turkey Energy startups

Fark Labs is a global innovation and transformation hub that aims to build a better future for all. We help entrepreneurs, startups, corporations, and investors transform into more connected, innovative, and future-ready versions of themselves so they have a positive impact on the world. We apply an investment portfolio approach to our innovationstrategy, touching all stages of the startup lifecycle from incubator to investor in Turkey, which is strengthened by our strong global network of regional accelerators and VC partners in our key global geographies. We use this approach for our 4 focus verticals: mobility, life sciences, sustainable lifestyle, and emerging technologies, which we call our curiosity cabinet.We back change-makers who transform industries and create new ones. Our sweet spot is investing early, and we continue to provide support and investment up to Series A. We envision a better future by championing entrepreneurship, innovation, and frontier technologies that transform legacy businesses and build future-proof startups.We also drive innovation and transformation through collaborative intelligence. We build a unique ecosystem that connects difference-makers, leading corporations, venture capital firms, universities, and government agencies across our 4 verticals.

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Investment focus

  • Industry: Software, SaaS, Energy
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Turkey, United States

Investor stats

  • Total investments: 11
  • Round size: Seed $200k–$2.2M; Pre-Seed $250k–$676k; Series A $1.5M–$2.2M
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • ADASTEC — ADASTEC delivers the most advanced Level-4 automation platform for full-size buses and coaches currently available. The ADASTEC Open Automated Bus Platform called “flowride.ai” is designed for large-scale public transport along pre-defined routes on public roads. “Flowride.ai” allows OEMs to build the best automated bus configurations for the needsof the public transportation operators.
  • M-Based — M-Based develops next-generation biomaterials using mushroom, redefining sustainability in design and materials.
  • MaestroHub — MaestroHub is a Single Source of Truth industrial data governance platform to overcome data architecture and integration challenges faced in digital transformation. MaestroHub points data sources to a smart data layer with drag & drop features and automatically creates contextualized data packages in real-time with Unified Namespacearchitecture. MaestroHub is the first self-diagnostic Unified Namespace solution with DataOps capabilities.
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Toshiba Corporation
VC Fund · Tokyo, Tokyo, Japan · 2 investments in Turkey Energy startups

Toshiba America delivers cutting-edge Energy, Industrial, and Electronics Solutions. Discover our innovative power systems, infrastructure, and semiconductor solutions.

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Investment focus

  • Industry: Software, Energy, SaaS
  • Stage:Series B, Series C
  • Geography: Japan, United States, United Kingdom

Investor stats

  • Total investments: 18
  • Round size: Series B $17M–$219M; Series C $4M–$15M
  • Lead/follow: 28% lead, 72% follow

Portfolio highlights

  • Crisp — Crisp connects data between retailers, distributors, and brands to power real-time insights across the supply chain.
  • Multiverse Computing — World leaders in quantum computing for the financial industry. The first quantum & quantum-inspired toolbox for finance.
  • SmartPulse Technology Inc. — All-in-one platform for power trading. smartPulse is an integrated solution for algorithmic energy trading, market analytics, and portfolio optimization.
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Diffusion Capital Partners
VC Fund · Istanbul, Istanbul, Turkey · 2 investments in Turkey Energy startups

Diffusion Capital Partners (DCP) is Turkey's leading Venture Capital fund manager with a focus on deep-tech opportunities.

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Investment focus

  • Industry: Software, Information Technology, Analytics
  • Stage:Seed, Series A
  • Geography: Turkey, United States, United Kingdom

Investor stats

  • Total investments: 54
  • Round size: Seed $439k–$2.7M; Series A $985k–$2.5M
  • Lead/follow: 61% lead, 39% follow
  • Last fund: May invest from a new fund soon — raised $32M in 2020

Portfolio highlights

  • FU — The FU carries out mortgage business, which guarantees the loans of banks and financial institutions, loans of non-financial institutions.
  • Khenda — Khenda is an AI-based video analytics platform that helps manufacturing plants to increase their safety, efficiency, and quality at production lines by analyzing manual activities.
  • TAZI — TAZI's Automated Machine Learning is understandable continuous machine learning from data and humans, enables business domain experts to use machine learning to ...
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RePie Asset Management
VC Fund · Istanbul, Istanbul, Turkey · 2 investments in Turkey Energy startups

RE-PIE is Turkey's first alternative asset management company that was authorized by Capital Markets Board of Turkey to establish real estate investment funds in 2015. With our top-quality management team that has many years of professional experience in various markets, it is our privilege to serve our investors to generate best in classinvestment returns in accordance with their risk perceptions and return expectations in line with our well-structured investment process and risk management guidelines. We aim to provide new funding opportunities and resources for Turkish Capital Markets in order to enable new investments and to grow steadily by increasing our fund size with wide range of products in various asset classes.

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Investment focus

  • Industry: FinTech, Software, E-Commerce
  • Stage:Seed, Series A
  • Geography: Turkey, Canada, Germany

Investor stats

  • Total investments: 67
  • Round size: Seed $123k–$3.7M; Series A $1M–$38M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • VenueX — VenueX enables retailers to showcase their products, POI and indoor maps to shoppers searching online!
  • Goldtag — Digital Asset Development
  • Vimesoft — Vimesoft is a platform that offers video conferencing, enterprise video and remote learning.
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Kültepe Investment
VC Fund · Kayseri, Kayseri, Turkey · 2 investments in Turkey Energy startups

Kültepe Investment was established by 20 investors within the Erban Angel Investor Network to improve the investment climate of Central Anatolia and to make Kayseri a unique and unique center of attraction for entrepreneurs and entrepreneurs.

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Investment focus

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

Investor stats

  • Total investments: 16
  • Round size: Seed $31k–$2.8M
  • Lead/follow: 6% lead, 94% 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.
  • Spiky.AI — Spiky.ai delivers real-time coaching, CRM sync, and multilingual AI insights to boost sales performance and streamline meetings.
  • Biftek — The future of meat starts here. We produce growth medium to make cultured meat affordable.
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BVA Mümessilik
VC Fund · Istanbul, Istanbul, Turkey · 2 investments in Turkey Energy startups

BVA Mümessilik offers a wide range of surface treatments, such as deburring, polishing, and part cleaning. The company also supply customers with machinery, consumables, and other items.

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Investment focus

  • Industry: Battery, Chemical, Software
  • Stage:Seed
  • Geography: Turkey

Investor stats

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

Portfolio highlights

  • 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.
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Sente Ventures
VC Fund · Chicago, Illinois, United States · 2 investments in Turkey Energy 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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ERBAN
VC Fund · Kayseri, Kayseri, Turkey · 2 investments in Turkey Energy startups

ERBAN is an accredited angel investor network that aims to revive the entrepreneurship ecosystem with the support of angel investors, to realize value added projects and contribute to their growth. It has the opportunity to address a wide audience by establishing connections with professional organizations and chambers.ERBAN's vision is tocontribute to the country's economy as a result of bringing enterprises together with necessary capital and becoming corporate companies operating in the international arena. ERBAN is headquartered in Kayseri, Turkey.

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Investment focus

  • Industry: Energy, Battery, Industrial
  • Stage:Seed
  • Geography: Turkey, United States

Investor stats

  • Total investments: 4
  • Round size: Seed $67k–$92k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Batron Arge — Batron Arge, which provides battery design and production services, was established in 2017 with the Tübitak 1512 Teknogirişim capital support program and started to serve its customers in the field of battery and medical industry. Although our company is new, it was founded by engineers with more than ten years of experience in battery mechanicsand electronics, embedded system design, test engineering, and project management. Battery designs, which will meet the requirements of international standards and will be at competitive levels in terms of cost, are primarily offered to customer evaluation. In our country, limited supply sources for standard and customer-specific battery design lead device designers to unreliable far east products. Being a reliable domestic product supplier in this regard is one of the most important goals of BATRON R&D. By working as a member of the same project team with device designers, by providing fast and effective reactions to design changes, by offering reliable products to the designer and the user, our work continues with the increasing enthusiasm to make our company a world brand and represent our country in this sector.
  • Baron Energy — Baron Energy is an oil and gas exploration and development company. The company is engaged in the acquisition, operation, and exploitation of producing oil and gas properties in Texas. Baron performs petroleum management and business development services for client companies focused on acquiring assets.
  • Batron Energy — Batron is an Energy Electronics Company that offers services in the field of smart Energy Management and Li-Ion Storage Systems.
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EGIAD Angels
VC Fund · Konak, Izmir, Turkey · 2 investments in Turkey Energy startups

EGIAD Angels Investment Network is an entrepreneur support system established by Aegean Young Business People Association. Business and venture ideas that meet the specified criteria are presented to potential investors in the system, provided that they are transformed into business plans.

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Investment focus

  • Industry: Software, E-Commerce, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: Turkey, Estonia

Investor stats

  • Total investments: 21
  • Round size: Seed $64k–$2.2M; Pre-Seed $100k–$605k
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • Phoca — Phoca is a software company that specializes in the designing and development of hyper casual games for enthusiastic individuals.
  • Kolay — Kolay is a SaaS platform that combines employee engagement with core HR needs. We are helping HR professionals to streamline their day to day tasks with an easy to use and smart platform.
  • Skymod Technology — Skymod is a technology company providing a platform that addresses the challenges businesses face in adopting AI by simplifying prompt engineering, ensuring data security, and offering integrated solutions within a unified platform, eliminating the need for extensive coding knowledge and streamlining workflows.
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Revo Capital
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 2 investments in Turkey Energy startups

Operational venture capital firm that invests across Turkey, Eastern Europe & Baltics in seed to Series B rounds.

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Investment focus

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

Investor stats

  • Total investments: 77
  • Round size: Seed $430k–$5M; Series A $1M–$38M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: Likely actively investing — fund raised in 2025

Portfolio highlights

  • Flowla — From outreach to onboarding, create personalized sales stories, impress prospects, and build consensus with multiple stakeholders.
  • CLEATUS — CLEATUS is an AI-powered platform that helps government contractors discover contract opportunities, manage capture pipelines, and write winning proposals. We make government contracting accessible to any business, with AI that automates everything from finding opportunities to submitting winning proposals.Empowering government contractors withagentic AI for every stage of the contracting lifecycle. Effortlessly discover new opportunities, craft winning proposals, manage pursuits and win more work within a single, purpose-built platform designed for organizations of any size.
  • Onlayer — Our powerful solutions suite streamlines onboarding, compliance, monitoring and insights to mitigate risk and secure growth at every stage of the digital business lifecycle.
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Westure VC
VC Fund · 2 investments in Turkey Energy startups

Westure VC is an investment firm.

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Investment focus

  • Industry: Renewable Energy
  • Stage:Seed
  • Geography: Turkey

Investor stats

  • Total investments: 2
  • Round size: Seed $600k–$600k
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Werer Energy — WERER ENERGY is a leading provider of energy system solutions and innovative products.
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Organik Kimya
VC Fund · Istanbul, Istanbul, Turkey · 2 investments in Turkey Energy startups

Organic Chemistry specialises in providing chemical and adhesive solutions for various industries.

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Investment focus

  • Industry: GreenTech, Machine Learning, Waste Management
  • Stage:Seed
  • Geography: Turkey

Investor stats

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

Portfolio highlights

  • Blueit — Blueit is an optimized hardware and software Water Management System that monitors and monitors the water spent in consumption.
  • Swatchloop — Swatchloop identifies waste technically for more efficient recycling of textile waste and offers smart suggestions to provide correct sorting and collaboration with machine learning. In addition, it provides data analysis with the ability to tracking all recycling processes in a sustainable and be transparent, from the QR code to the finalconsumer.
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DOMiNO Ventures
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 1 investments in Turkey Energy startups

DOMiNO Ventures is a venture capital fund focusing on high-tech, pure-digital and first-day global startups in Eastern Europe, Central Asia and the Caucasus.

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Investment focus

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

Investor stats

  • Total investments: 23
  • Round size: Seed $500k–$9.5M; Pre-Seed $400k–$2M
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

  • Iftrue — Iftrue helps software teams optimize developer experience and boost productivity with powerful analytics. Gain insights into team performance, streamline workflows, and foster a healthy development environment with Iftrue's cutting-edge tools.
  • Helio AI — Automated AI-powered recruiting platform with ATS and gamified personality test. Reduce daily workload by 60% and hire top talents in a few clicks.
  • Antiverse — Designing biologics for 100 challenging targets
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Teknoloji Yatirim
VC Fund · Ankara, Ankara, Turkey · 1 investments in Turkey Energy startups

Teknoloji Yatırım is the first actor investing in early-stage technology companies in Turkey. Aiming at preparing the venture capital ecosystem for new players, Teknoloji Yatırım designs, develops and manages innovative tools to meet the financing needs of technology companies in the early and growth stages. What We Do: - Direct Investments: Wemake equity investments to technology companies having internationalization potential. - Co-Investments and Follow-on Investments: We make co-investments and follow-on investments to technology companies at scaling and growth stages, together with other Venture Capital Funds. - Consultancy Services: We offer consultancy solutions in the design, implementation and management of innovative investment tools and models.

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Investment focus

  • Industry: Software, Analytics, Machine Learning
  • Stage:Seed, Series A, Convertible Note
  • Geography: Turkey, United States, Germany

Investor stats

  • Total investments: 21
  • Round size: Seed $550k–$1.9M; Series A $1.5M–$11M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • Branchsight — Made with Framer
  • VRLab Academy — VRLab Academy | Virtual Experiments
  • Thread In Motion — Looking for wearables to digitize your operations? Hands-free and ergonomic new generation smart gloves are here to help you reduce cost and risks.
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Republic
VC Fund · New York, New York, United States · 1 investments in Turkey Energy startups

Republic gives people the opportunity to invest in the future they believe in by providing access to startup, real estate, crypto, and video game investments. Focused on creating a diverse, sustainable, and connected world, Republic has facilitated over $500 million in investments from over one million members of the global community. With a globalteam in six countries, Republic is backed by Galaxy Digital, The Motley Fool, Binance, Naspers, AngelList, and more.

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Investment focus

  • Industry: Blockchain, Financial Services, FinTech
  • Stage:Seed, Equity Crowdfunding, Pre-Seed
  • Geography: United States, Singapore, Switzerland

Investor stats

  • Total investments: 101
  • Round size: Seed $663k–$13M; Pre-Seed $200k–$1.5M; Equity Crowdfunding $76k–$2.1M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: May invest from a new fund soon — last raise in 2021

Portfolio highlights

  • Ratio — Ratio is a collateralized debt position protocol on Solana, it allows depositors to make a high yield on their assets.
  • The INX Digital Company — Trade securely with the INX Crypto Trading Platform, offering regulated digital asset trading, advanced tools, and trusted investment opportunities.
  • SharpLink — SharpLink is an online technology company that works with sports leagues, fantasy sports sites, and sports media companies.
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Akis Gayrimenkul Yatirim Ortakligi
VC Fund · Üsküdar, Istanbul, Turkey · 1 investments in Turkey Energy startups

Akis Gayrimenkul Yatirim Ortakligi AS, a subsidiary of Akkok Holding, is a Turkey-based real estate investment trust

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Investment focus

  • Industry: Retail, Shipping, Shopping
  • Stage:Seed, Corporate Round
  • Geography: Turkey

Investor stats

  • Total investments: 3
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Nivogo — Nivo ana sayfa
  • VenueX — VenueX enables retailers to showcase their products, POI and indoor maps to shoppers searching online!
  • Navlungo — e-commerce shipping platform
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Geometry Venture Development
VC Fund · Sariyer, Istanbul, Turkey · 1 investments in Turkey Energy startups

Rolling Fund + Syndicate Model with Modest Capital for Early Stage Startup Investors. Invests $50K in problem-solution stage technology startups.

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Investment focus

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

Investor stats

  • Total investments: 35
  • Round size: Seed $12k–$5M; Pre-Seed $10k–$400k
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • GlaucoT — GlaucoT develops contact-free intraocular pressure monitoring and neuroprotective treatment technology for glaucoma disease.
  • Latissim — Latissim offers personalized beauty and care boxes.
  • HoustonBionics — HoustonBionics is proud to introduce ExoRehab X, a revolutionary at home stroke rehabilitation device to help support recovery.
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European Bank for Reconstruction and Development
VC Fund · London, England, United Kingdom · 1 investments in Turkey Energy startups

The European Bank for Reconstruction and Development (EBRD) invests in changing lives. Through our financial investments, business services and work on policy reform, we're doing more than ever before to build open, market economies across 3 continents.

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Investment focus

  • Industry: Financial Services, Banking, Finance
  • Stage:Debt Financing, Post-IPO Debt
  • Geography: Turkey, Egypt, United States

Investor stats

  • Total investments: 304
  • Round size: Post-IPO Debt $18M–$369M; Debt Financing $5M–$290M
  • Lead/follow: 72% lead, 28% follow

Portfolio highlights

  • Mlinar — Mlinar is the bakery retail and wholesale business in Croatia and operates the largest bakery retail network in South East Europe.
  • Hellas Direct — Hellas Direct is a digital-first, full-stack insurance company, empowered by cutting-edge technology and artificial intelligence. The Cyprus-based company is backed by a roster of leading investors, including Portag3, IFC (a member of the World Bank), Endeavor Catalyst, former Goldman Sachs economist Lord O’Neill and private equity veteran JonMoulton. Modelling itself on Amazon, Hellas Direct aims to disrupt the insurance value chain by adopting an extreme focus on operational excellence.
  • Tbc Bank Group — TBC Bank Group PLC is the UK-based parent company of JSC TBC Bank and its affiliates, Georgia's largest banking group.
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Arz Portfolio
VC Fund · Istanbul, Istanbul, Turkey · 1 investments in Turkey Energy 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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Idacapital
VC Fund · Istanbul, Istanbul, Turkey · 1 investments in Turkey Energy startups

idacapital Innovation Fund is the first Impact Fund in Turkey investing across technology-enabled business verticals in Health Tech, Financial Inclusion, Edu Tech, Clean Tech, Agro Tech in and around Turkey.

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Investment focus

  • Industry: FinTech, Logistics, E-Commerce
  • Stage:Seed, Convertible Note, Pre-Seed
  • Geography: Turkey, United Kingdom, United States

Investor stats

  • Total investments: 28
  • Round size: Seed $150k–$2M
  • Lead/follow: 64% lead, 36% follow
  • Last fund: May invest from a new fund soon — raised $20M in 2018

Portfolio highlights

  • DIGINAK — DIGINAK offers a B2B platform that provides end-to-end digital transportation through brokers (Agents) with high traceability and efficiency. In addition to digitalization, it also offers financial services which empowers economic cycle of logistics sector and financial structure of all stakeholders of it by keeping all stakeholders in the cycle.
  • WorqCompany — WorqCompany provides services to businesses and entrepreneurs with technology and sharing economy support in these components. WorqCompany is positioned as a new generation.
  • MentalUP — MentalUP is an online game platform that supports children in developing mental, memory, logic, visual and verbal skills.
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Cleantech Ventures
VC Fund · 1 investments in Turkey Energy startups

Cleantech Ventures is a venture capital fund that supports technology startups focused on sustainability.

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Investment focus

  • Industry: Energy, Software, Renewable Energy
  • Stage:Seed
  • Geography: Turkey, Germany

Investor stats

  • Total investments: 2
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Werover — Wind Turbine Blade Health Monitoring System | Werover
  • Remus Energy — Remus Energy provides electricity solutions for both homes and businesses, offering the most advantageous options tailored to meet customers' specific needs, with a focus on affordability, reliability, and sustainability.
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TÜBİTAK
VC Fund · Ankara, Ankara, Turkey · 1 investments in Turkey Energy startups

The Scientific and Technological Research Council of Turkey (TÜBİTAK) is the leading agency for management, funding and conduct of research in Turkey. It was established in 1963 with a mission to advance science and technology, conduct research and support Turkish researchers. The Council is an autonomous institution and is governed by a ScientificBoard whose members are selected from prominent scholars from universities, industry and research institutions. TÜBİTAK is responsible for promoting, developing, organizing, conducting and coordinating research and development in line with national targets and priorities. TÜBİTAK acts as an advisory agency to the Turkish Government on science and research issues, and is the secretariat of the Supreme Council for Science and Technology (SCST), the highest S&T policy making body in Turkey.

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Investment focus

  • Industry: Software, Artificial Intelligence, Health Care
  • Stage:Grant, Pre-Seed, Seed
  • Geography: Turkey, United Kingdom, United States

Investor stats

  • Total investments: 31
  • Round size: Seed $50k–$2.5M; Grant $3k–$230k; Pre-Seed $20k–$521k
  • Lead/follow: 29% lead, 71% follow

Portfolio highlights

  • Navirid — Navirid is a technology company specializing in IoT and embedded systems, dedicated to developing advanced radar technologies and safety solutions to connect motorcyclists to life and enhance their riding experience.The radar-based systems we develop provide riders with real-time environmental awareness, establishing a new safety standard inmotorcycle use with critical features like blind spot detection, collision warning, and multi-target tracking.Our vision is to make motorcycles an integral part of the intelligent transportation ecosystem; our mission is to connect riders more firmly to life on every journey.
  • VulnHero — VulnHero is an AI-powered offensive security platform that delivers continuous full-stack security testing, exploit-aware vulnerability intelligence, and contextual attack surface management in a single solution.By combining live CVE & exploit telemetry, technology stack discovery, exploitability-first risk scoring, and automated validationworkflows, VulnHero helps organisations identify and prioritise what’s actually exploitable across their entire digital landscape.Built for CISOs, AppSec teams, and red teams, the platform integrates with existing SIEM, SOAR, ticketing, and DevSecOps pipelines, providing actionable, evidence-based insights instead of scanner noise.
  • Viseur AI — Viseur AI delivers a cutting-edge medical imaging solution powered by artificial intelligence. Our platform provides robust, scalable, cost-effective long-term radiology and digital pathology solutions through end-to-end automation.
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RHEA Venture Capital Investment Trust
VC Fund · Çankaya, Ankara, Turkey · 1 investments in Turkey Energy startups

RHEA Venture Capital Investment Trust A.Ş is a venture capital investment firm.

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Investment focus

  • Industry: GreenTech, Nanotechnology
  • Stage:Seed
  • Geography: Turkey

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Laska — We evaluate waste in the most effective way with our innovative process. Laska upcycles end-of-life tires with innovative, eco-friendly and sustainable approaches, and brings them into the economy as energy and raw materials.
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Smartup Partners
VC Fund · 1 investments in Turkey Energy startups

Smartup Partners is an Investment firm.

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Investment focus

  • Industry: Sustainability
  • Stage:Seed
  • Geography: Turkey

Investor stats

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

Portfolio highlights

  • Sustable — Sustainability Management
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Atış Holding
VC Fund · 1 investments in Turkey Energy startups

Atış Holding is an Investment firm.

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Investment focus

  • Industry: Sustainability
  • Stage:Seed
  • Geography: Turkey

Investor stats

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

Portfolio highlights

  • Sustable — Sustainability Management
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Moonrock Capital
VC Fund · London, England, United Kingdom · 1 investments in Turkey Energy startups, 8 in the past 12 months

Moonrock Capital is a Blockchain Advisory and Investment Partnership based in London and Hamburg.

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Investment focus

  • Industry: Blockchain, Information Technology, Cryptocurrency
  • Stage:Seed, Pre-Seed
  • Geography: United States, Singapore, United Kingdom

Investor stats

  • Total investments: 48
  • Lead/follow: no public data

Portfolio highlights

  • Rebar Labs — Rebar Labs is a company that offers research services and infrastructure for bitcoin. The company wants to help users in the Bitcoin ecosystem create more effective and better experiences by addressing issues related to maximum extractable value and offering services that guarantee equitable value distribution.
  • Yellow — Yellow is a financial services provider of software, analytics, and investments in blockchain startups.
  • Tren Finance — Tren Finance: a secure DeFi liquidity protocol offering seamless asset swaps, yield opportunities, and cross-chain compatibility through automated smart contracts, redefining liquidity for users and institutions.
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TT Ventures
VC Fund · Istanbul, Istanbul, Turkey · 1 investments in Turkey Energy startups

TT Ventures is the corporate venture capital arm of Turk Telekom.

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Investment focus

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

Investor stats

  • Total investments: 67
  • Lead/follow: no public data

Portfolio highlights

  • VenueX — VenueX enables retailers to showcase their products, POI and indoor maps to shoppers searching online!
  • OctoXLabs — OctoXLabs is dedicated to tackling the most pressing challenges in the fields of Information Technology and Cybersecurity, delivering innovative solutions that enhance system resilience, data protection, and operational efficiency for organizations navigating an increasingly complex digital landscape.
  • Milvus Robotics — Transform material handling with autonomous mobile robots solutions and fleet software. Smarter, safer, and scalable automation.
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Albaraka Turk
VC Fund · Umraniye, Istanbul, Turkey · 1 investments in Turkey Energy startups

Albaraka Turk specializes in providing financial services through its branches. It is able to serve its clients globally by the help of a wide network of correspondent banks, comprising of over 207 banks operating in about 60 countries around the world. The company was founded in 1984 and is headquartered in Istanbul, Umraniye.

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Investment focus

  • Industry: FinTech, Information Technology, Financial Services
  • Stage:Seed, Pre-Seed, Equity Crowdfunding
  • Geography: Turkey, United Kingdom

Investor stats

  • Total investments: 8
  • Lead/follow: no public data

Portfolio highlights

  • Lumnion — Al based Insurance Pricing Platform
  • Easyapp — Easyapp stated that they will use the resources obtained from the investment tour to focus on innovation and growth strategies, with the goal of facilitating the digital transformation of businesses and individuals by enabling the creation of applications on their mobile devices without requiring technical or software knowledge. Urhan indicatedthat by simplifying the application creation process, they will increase their customer base, particularly in the Turkish, European, and US markets, and secure a strong market dominance in a short period of time.
  • Clean Services — Clean Services is an energy company that provides discovery, planning, installation, and after-sales services.
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Akbank
VC Fund · Istanbul, Istanbul, Turkey · 1 investments in Turkey Energy startups

Akbank provides banking transactions for economic, financial, and commercial endeavors and activities. Their banking applications include corporate and investment banking, commercial banking, SME banking, retail banking, payment systems, treasury transactions, private banking, and international banking services.

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Investment focus

  • Industry: Energy, Gaming, Textiles
  • Stage:Pre-Seed, Post-IPO Debt, Debt Financing
  • Geography: Turkey

Investor stats

  • Total investments: 5
  • Round size: Pre-Seed $400k–$500k
  • Lead/follow: 60% lead, 40% follow

Portfolio highlights

  • Kordsa — Kordsa is the manufacturer of industrial nylon and polyester yarn, tire cord fabric and single end cord. Kordsa provides high quality service and end to end solutions with a high level of technical competency. The main objective of the company is to "progress with innovative value added technologies" by continuously investing in itscustomers, its shareholders and its employees.
  • Metriqus — Metriqus is committed to providing gaming studios with a complete platform to maximize their marketing performance.
  • Limak — Limak is an international company headquartered in Turkey operating across energy, tourism, food, construction, and infrastructure.
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APLUS Enerji
VC Fund · Besiktas, Istanbul, Turkey · 1 investments in Turkey Energy startups

We provide data-driven solutions through energy market analysis, price forecasting, and strategic consulting services.

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Investment focus

  • Industry: PaaS, SaaS, Solar
  • Stage:Seed
  • Geography: Turkey

Investor stats

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

Portfolio highlights

  • SmartPulse Technology Inc. — All-in-one platform for power trading. smartPulse is an integrated solution for algorithmic energy trading, market analytics, and portfolio optimization.
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SOSV
VC Fund · Princeton, New Jersey, United States · 1 investments in Turkey Energy startups, 75 in the past 12 months

SOSV is a global, deep tech venture capital firm that operates the HAX and IndieBio startup development programs focused on human and planetary health. SOSV invests $500,000 in startups at their inception as they onboard either HAX or IndieBio for a 4-6 month period designed to accelerate the raise of their next institutional round. SOSV joins thelater rounds of HAX and IndieBio graduates. HAX, based in a 35,000 sq ft facility in Newark, NJ, is equipped with machine tools, 3D printers, chemical, electrical and mechanical engineering labs, as well as on-staff engineering and design experts. SOSV's IndieBio has locations in NYC and San Francisco, both of which offer extensive services and facilities to founders including on-site BSL-2 labs, well equipped lab benches and hoods, and advanced lab equipment, such as chromatography equipment.

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Investment focus

  • Industry: Biotechnology, Health Care, Software
  • Stage:Seed, Convertible Note, Pre-Seed
  • Geography: United States, India, United Kingdom

Investor stats

  • Total investments: 1482
  • Lead/follow: no public data

Portfolio highlights

  • MixRift — MIXRIFT - game developers specialized in Mixed Reality
  • unspun — From 3D scan to perfect fitting custom jeans. unspun makes each pair of jeans unique to your actual body and design. On a mission to reduce global carbon emissions by 1%. As seen in Fast Company's World Changing Ideas, Time's Best Inventions, and PopSci's Best of What's New. Welcome to the future of apparel.
  • Mesa Quantum — Unlock the potential of chip-scale quantum sensing for enhanced Position, Navigation, And Timing capabilities. Explore Mesa Quantum's practical solutions.
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Lima Ventures
VC Fund · Istanbul, Istanbul, Turkey · 1 investments in Turkey Energy startups

Collaboration with outstanding initiators with exceptional insights, from inception through all levels of progress. Lima Ventures supports visionary founders as well as provides certain services to early startups. We seek innovative technology-driven entrepreneurs who generate and lead companies that will inspire millions.

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Investment focus

  • Industry: Artificial Intelligence, Software, FinTech
  • Stage:Seed, Pre-Seed
  • Geography: Turkey, United Kingdom, Estonia

Investor stats

  • Total investments: 32
  • Round size: Seed $18k–$702k
  • Lead/follow: 9% lead, 91% follow

Portfolio highlights

  • Shippn — International package forwarding service. Shop from Amazon, Shein, Macy's worldwide. Fast shipping with DHL & FedEx. Trusted by 50,000+ customers.
  • heybooster — Heybooster is a provider of analytical tools to ecommerce companies to take better digital marketing decisions.
  • Mars Studios — Mars Studios is an experienced team of growth hackers & marketers that can help you to increase your revenue. Rocket Your App to Success: Mars Studios
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LD Capital
VC Fund · Shanghai, Shanghai, China · 1 investments in Turkey Energy startups

LD Capital is one of Asia's earliest organizations focusing on value investing in blockchain field. Owing to industrial resource advantages and professional investment research teams, LD Capital has successively discovered and invested in projects such as Qtum, Vechain and Eos which all achieved over 100 times return.Their teams spread overChina, the United States, Europe, Singapore, Japan, and South Korea, and have accumulated rich experience in areas of traditional internet, Fintech, and advanced blockchain technology. They are committed to the globalization of blockchain and quality investment in the entire industry.LD Capital focuses on blockchain innovation projects within finance, games, content publishing, Internet of Things and other circuits, and we have been propelling broad layout of blockchain technology and infrastructure construction to facilitate the comprehensive development of the global blockchain ecosystem.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Gaming
  • Stage:Seed, Initial Coin Offering
  • Geography: United States, Singapore, United Kingdom

Investor stats

  • Total investments: 163
  • Round size: Seed $1.4M–$10M; Initial Coin Offering $1.2M–$9.5M
  • Lead/follow: 9% lead, 91% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Intmax — INTMAX has developed significant innovations in ZK implementation making it a unique Layer2 rollup network that offers low cost, security, tunable privacy, and above all, scalability.
  • Joystream — Joystream is a block chain-based, decentralized video platform.
  • OMNIA Protocol — OMNIA Protocol offers a secure and private infrastructure for accessing blockchain technology. It provides high availability RPC endpoints for Ethereum, ensuring users can connect to the blockchain without being traced or monitored. The company focuses on delivering a compliant environment for handling personal data, including blockchain addressesand transactional information. OMNIA Protocol aims to democratize access to blockchain infrastructure, challenging the current concentration of this access among a few corporations. It supports various blockchains, including Bitcoin, Binance, Avalanche, Polygon, Arbitrum, and Optimism, through its platform, offering secure Arbitrum RPC Nodes features.
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2040 Ventures
VC Fund · 1 investments in Turkey Energy startups

2040 Ventures is a global investment platform with a strong belief in the transformative power of the technology of decentralization

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Investment focus

  • Industry: Software, Sustainability, Renewable Energy
  • Stage:Seed
  • Geography: Turkey, New Zealand

Investor stats

  • Total investments: 3
  • Round size: Seed $1.1M–$1.8M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Kavaken — Increase your renewable portfolio IRR by 0.5-3% through better performance analysis and predictive maintenance and availability management.
  • Ortege AI — Blockchain AI analytics platform
  • Sea-Flux Vessel Management Software — Sea-Flu is a cloud-based platform designed to streamline and digitize maritime operations for commercial vessels.
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Nexus Ventures
VC Fund · Ankara, Ankara, Turkey · 1 investments in Turkey Energy 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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Keiretsu Forum
VC Fund · San Francisco, California, United States · 1 investments in Turkey Energy 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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HEDEF GIRISIM SERMAYESI
VC Fund · 1 investments in Turkey Energy startups

Our company, which sees this gap in our country, to support entrepreneurship from the beginning;Investing in innovative projects of visionary entrepreneurs who design new markets with high growth potential, new technology or products, a new mode of production or service, To provide financial and managerial support to SMEs that are in anadvantageous position compared to their competitors in terms of products/services, but are short of capacity and financing, It has taken it as a mission to create the necessary infrastructure for the development of venture capital and business angels models in our country and to increase their awareness.

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Investment focus

  • Industry: Pet, FinTech, Internet
  • Stage:Seed, Equity Crowdfunding
  • Geography: Turkey, United Kingdom

Investor stats

  • Total investments: 6
  • Round size: Seed $292k–$438k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Kalfa — Kalfa is a human-assisted digital business platform for financial advisors. It also offers transferring receipts and invoices to the system, mobile applications, e- auto bank transactions, preparing accrual records, and insurance policies, enabling operational work to be more controllable and faster from a single center.
  • Norm Energy Systems — Norm Energy Systems is a Solar Power Investment & Management Partner that operates in Turkey.
  • Enqura — Enhanced, Qualified and Rational KYC (Know Your Customers) and KYB solutions at Enqura. Discover our banking and finance security solutions.
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Energy VC funding in Turkey at a glance

Stats across 155 deals from 132 investors.

132
investors
in Turkey Energy startups
155
deals
in Turkey Energy startups
$495k
median round
in Turkey Energy startups
46%
lead investors
lead at least one round
37%
Seed
most common funding stage

Access all 132 VC funds in Turkey Energy startups.

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