# Top 50 Hardware Startup Investors in Turkey in June 2026 ## TT Ventures - Type: VC Fund - Location: Istanbul, Istanbul, Turkey - Relevant deals: 14 - Stages: Seed, Pre-Seed - Focus: Software, Information Technology, Artificial Intelligence TT Ventures is the corporate venture capital arm of Turk Telekom. ## APY Ventures - Type: VC Fund - Location: Istanbul, Istanbul, Turkey - Relevant deals: 11 - Stages: Seed, Pre-Seed - Focus: Software, Artificial Intelligence, Information Technology APY Ventures is a venture capital firm focused on early-stage technology startups. ## Diffusion Capital Partners - Type: VC Fund - Location: Istanbul, Istanbul, Turkey - Relevant deals: 10 - Stages: Seed, Series A - Focus: Software, Information Technology, Artificial Intelligence Diffusion Capital Partners (DCP) is Turkey's leading Venture Capital fund manager with a focus on deep-tech opportunities. ## StartersHub - Type: VC Fund - Location: Istanbul, Istanbul, Turkey - Relevant deals: 7 - Stages: Seed, Pre-Seed, Convertible Note - Focus: Software, Artificial Intelligence, Information Technology An early-stage VC that backs, mainly but not limited to, Turkey & CEE's founders who work to disrupt the system for good. ## Aslanoba Capital - Type: VC Fund - Location: Istanbul, Istanbul, Turkey - Relevant deals: 6 - Stages: Seed, Series A, Series B - Focus: E-Commerce, Internet, Software 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. ## ACT Venture Partners - Type: VC Fund - Location: Amsterdam, Noord-Holland, The Netherlands - Relevant deals: 6 - Stages: Seed, Series A, Convertible Note - Focus: Artificial Intelligence, Software, Biotechnology Early stage deep tech investor ## TRANGELS - Type: VC Fund - Location: Istanbul, Istanbul, Turkey - Relevant deals: 6 - Stages: Seed, Pre-Seed, Angel - Focus: Software, Information Technology, Biotechnology Early Stage Investment Fund and Network ## Esor Investments - Type: VC Fund - Location: Frankfurt, Hessen, Germany - Relevant deals: 5 - Stages: Series A, Seed, Convertible Note - Focus: Software, Analytics, Logistics Venture Capital Investment firm founded in Frankfurt am Main in Germany ## Alesta Yatırım - Type: VC Fund - Location: Istanbul, Istanbul, Turkey - Relevant deals: 5 - Stages: Seed, Pre-Seed - Focus: Software, Artificial Intelligence, Information Technology 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. ## Keiretsu Forum Turkey - Type: VC Fund - Location: Sariyer, Istanbul, Turkey - Relevant deals: 5 - Stages: Seed, Angel, Pre-Seed - Focus: Software, Information Technology, E-Commerce Keiretsu Forum is a private equity investment network of angel investors, venture capitalists, and corporate/institutional investors. ## Maxis - Type: VC Fund - Location: Besiktas, Istanbul, Turkey - Relevant deals: 5 - Stages: Seed, Pre-Seed - Focus: Software, Artificial Intelligence, E-Commerce Private Equity Investment arm of Isbank ## RePie Asset Management - Type: VC Fund - Location: Istanbul, Istanbul, Turkey - Relevant deals: 4 - Stages: Seed, Series A - Focus: FinTech, Software, E-Commerce 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. ## TÜBİTAK - Type: VC Fund - Location: Ankara, Ankara, Turkey - Relevant deals: 4 - Stages: Grant, Pre-Seed, Seed - Focus: Software, Artificial Intelligence, Health Care 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. ## Driventure - Type: VC Fund - Location: Istanbul, Istanbul, Turkey - Relevant deals: 3 - Stages: Seed, Pre-Seed, Series A - Focus: Robotics, Manufacturing, Transportation Ford Otosan, Europe's commercial vehicle manufacturing leader, established the corporate venture capital company 'Driventure' to implement new generation technologies that will play a key role in the transformation of the automotive industry, with the Turkish entrepreneurship ecosystem. Driventure, Ford Otosan's venture capitalfirm, will develop new ideas and technologies with initiatives focusing on mobility (smart mobility), connectivity, autonomous technologies and electric vehicles. ## Bilişim Vadisi - Type: VC Fund - Location: Gebze, Kocaeli, Turkey - Relevant deals: 3 - Stages: Seed, Pre-Seed - Focus: Software, Information Technology, Artificial Intelligence Bilişim Vadisi is a technology development zone in Turkey that ensures the production of high-value-added products and new technologies. ## Nexus Ventures - Type: VC Fund - Location: Ankara, Ankara, Turkey - Relevant deals: 3 - Stages: Seed, Angel, Series A - Focus: Software, Internet, SaaS 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. ## Fatih Isbecer - Type: Angel - Relevant deals: 3 - Stages: Seed, Angel, Pre-Seed - Focus: Internet, Software, Health Care Fatih Isbecer - Founder & CEO @ Dataroid ## Kültepe Investment - Type: VC Fund - Location: Kayseri, Kayseri, Turkey - Relevant deals: 3 - Stages: Seed, Convertible Note, Pre-Seed - Focus: Software, E-Commerce, SaaS 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. ## ŞirketOrtağım - Type: VC Fund - Location: Istanbul, Istanbul, Turkey - Relevant deals: 3 - Stages: Seed, Angel, Pre-Seed - Focus: Information Technology, Artificial Intelligence, SaaS The company's mission is to build angel investors with a platform that will bring together early stage initiatives. These platforms via venture capital from angel investors and is intended to ensure the transfer of knowledge. ## Ludus - Type: VC Fund - Location: Istanbul, Istanbul, Turkey - Relevant deals: 3 - Stages: Seed, Pre-Seed - Focus: Gaming, Mobile, Software Ludus finds, invests in, and nurtures the best-in-class gaming startups. We aim to pioneer the venture studio model in Turkey by providing in-house expertise, strategic guidance, and funding for entrepreneurs and start-ups. ## Revo Capital - Type: VC Fund - Location: Amsterdam, Noord-Holland, The Netherlands - Relevant deals: 3 - Stages: Seed, Series A - Focus: Software, Information Technology, Financial Services Operational venture capital firm that invests across Turkey, Eastern Europe & Baltics in seed to Series B rounds. ## BIC Angels - Type: VC Fund - Location: Istanbul, Istanbul, Turkey - Relevant deals: 2 - Stages: Angel, Seed - Focus: Internet, SaaS, Software BIC Angels is an investment firm that provides venture capital for startups engaged in the internet sector. It is primarily focused on companies engaged in SaaS, location-based services, and mobile applications. The Company's early-stage investment ranges from $25,000 to $1,000,000. BIC Angels is based in Istanbul, Turkey. ## Ak Portfoy - Type: VC Fund - Location: Besiktas, Istanbul, Turkey - Relevant deals: 2 - Stages: Seed, Pre-Seed, Series A - Focus: Software, Information Technology, Gaming Ak Portfoy is an investment management company that offers services to its customers in mutual funds management, pension funds management. ## Kosgeb - Type: VC Fund - Location: Ankara, Ankara, Turkey - Relevant deals: 2 - Stages: Grant, Pre-Seed, Seed - Focus: Software, Health Care, Information Technology 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. ## Lima Ventures - Type: VC Fund - Location: Istanbul, Istanbul, Turkey - Relevant deals: 2 - Stages: Seed, Pre-Seed - Focus: Artificial Intelligence, Software, FinTech 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. ## Istanbul Startup Angels - Type: VC Fund - Location: Istanbul, Istanbul, Turkey - Relevant deals: 2 - Stages: Angel, Seed - Focus: SaaS, Local, Hardware 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. ## Albaraka Fintech Fund - Type: VC Fund - Relevant deals: 2 - Stages: Seed, Pre-Seed - Focus: Software, E-Commerce, Information Technology Fintech fund of Albaraka Turk ## Eksim Ventures - Type: VC Fund - Location: Istanbul, Istanbul, Turkey - Relevant deals: 2 - Stages: Seed, Pre-Seed, Series A - Focus: SaaS, Software, Transportation Eksim Ventures supports potential business models and ideas by strengthening the power of technology. The firm was founded by Eksim Holding in 2021 and has 35 years of experience in smart capital. ## Onur Topac - Type: Angel - Location: Istanbul, Istanbul, Turkey - Relevant deals: 2 - Stages: Seed, Equity Crowdfunding - Focus: SaaS, Big Data, Hardware Onur Topac was born in 1990 in Istanbul. He graduated from Istanbul’s Austrian High School in 2009 and went on to receive a Bachelor’s degree from Koç University, Department of Industrial Engineering in 2013. Currently, he is pursuing a Master’s degree in Financial Engineering at Ozyegin University. Mr. Topac started his career in finance in 2008as a web site specialist at Gedik Investment; subsequently, he interned at FXCM in London in 2012. The following year, he participated in the establishment of the Investment Banking Department at Gedik Investment, leading the way in the Department’s technological transformation. Since April 2015, he has served as CEO at Gedik Girişim Sermayesi Yatırım Ortaklıgı A.S (Gedik Venture Capital Investment Partnership). Onur Topac started to provide support to technology investments and ventures as an individual investor before obtaining the necessary certification to operate as an angel investor in 2015. ## Türk Telekom - Type: VC Fund - Location: Ankara, Ankara, Turkey - Relevant deals: 2 - Stages: Seed, Grant, Pre-Seed - Focus: Software, Artificial Intelligence, Machine Learning Turk Telekom group provides integrated telecommunication services from PSTN, GSM to wide band internet. Türk Telekom group companies have 17.3 millions of PSTN customers, 6 millions of ADSL customers and 12.6 million GSM customers as of Mach 31, 2009. With its modern network substructure, covering the whole country, the group companies offer a widerange of services to its personal and corporate customers. Turk Telekom, who is the owner of the 99,9% of shares of the companies TTNET, Argela, Innova, Sebit A.S. and AssisTT, is also the owner of 81% of the shares of Avea, which is one of the three GSM operators in Turkey. Turk Telekom also supports Albtelecom in Albania. The 55% of the shares of Türk Telekom belongs to Oger Telekomunikasyon A.S. and the 30% of the shares belongs to Undersecretariat of Treasure of Turkey. The remaining 15% of shares has been offered to public. ## StartupFon - Type: VC Fund - Location: Istanbul, Istanbul, Turkey - Relevant deals: 2 - Stages: Seed, Pre-Seed, Angel - Focus: SaaS, Software, E-Commerce 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. ## Tarvenn Ventures - Type: VC Fund - Location: Istanbul, Istanbul, Turkey - Relevant deals: 2 - Stages: Seed, Pre-Seed, Series A - Focus: Software, E-Commerce, SaaS Tarvenn is an Istanbul-based international investment and advisory firm. Tarvenn has an exceptional knowledge and experience in Turkey, Balkans, Central Asia, North Africa and CIS regions. We build the future with our portfolio, international experience, corporate customers and strategic alliances. Our business is to build yours… ## DAAL - Type: VC Fund - Location: Al Khobar, Ash Sharqiyah, Saudi Arabia - Relevant deals: 2 - Stages: Seed, Series A, Convertible Note - Focus: Software, E-Commerce, Information Technology The aim of Daal is to create excellent opportunities for investment by providing mentorship and business development insights to companies within the IT space. ## Newid capital - Type: VC Fund - Location: Alexandria, Virginia, United States - Relevant deals: 2 - Stages: Series A, Seed, Series B - Focus: Financial Services, FinTech, Credit Newid Capital invests internationally in growth-oriented financial services companies serving the underbanked. ## Turkey Development Fund - Type: VC Fund - Location: Umraniye, Istanbul, Turkey - Relevant deals: 2 - Stages: Series A, Seed, Series B - Focus: Information Technology, Software, SaaS Turkey Development Fund aims to develop the enterprise ecosystem by investing in new generation startups. ## ERBAN - Type: VC Fund - Location: Kayseri, Kayseri, Turkey - Relevant deals: 2 - Stages: Seed - Focus: Energy, Battery, Industrial 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. ## T3 Venture Capital Investment - Type: VC Fund - Relevant deals: 2 - Focus: 3D Printing, 3D Technology, Manufacturing T3 Venture Capital Investment is an Investment firm. ## Logo Ventures - Type: VC Fund - Location: Istanbul, Istanbul, Turkey - Relevant deals: 2 - Stages: Seed, Series A - Focus: Software, Retail, SaaS 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. ## Fark Holding - Type: VC Fund - Relevant deals: 2 - Stages: Seed, Series A - Focus: Software, SaaS, Computer Fark Holding specializes in evaluating and investing in technologies and business model innovations. ## Melih Odemis - Type: Angel - Location: London, England, United Kingdom - Relevant deals: 2 - Stages: Seed, Angel, Pre-Seed - Focus: Software, E-Commerce, Mobile Melih is one of the pioneer Internet entrepreneurs in Turkey. Born in Istanbul, he studied Computer Engineering and MBA at Bogazici University. After one year of professional experience in Citibank, Melih founded yemeksepeti.com with his partners in 2000. Yemeksepeti.com became the online food delivery giant first in Turkey, and then in Middle Eastand Eastern Europe. As a co-founder, Melih has acted as CTO of the company until 2013 and as Board Member until May 2015, when the company was acquired by Delivery Hero writing one of the biggest Internet exit stories in the region. Melih has been selected an Endeavor Entrepreneur in 2007. Since 2011 he has been an active angel investor in internet and technology companies with more than 30 investments. He is one of the cofounders of Galata Business Angels, which is one of the first business angel networks in Turkey. He is a founding member of EO Turkey. Melih lives in London now with his family and continues to invest in tech start-ups globally. ## Kerim Kotan - Type: Angel - Relevant deals: 2 - Stages: Seed, Angel - Focus: SaaS, Software, Internet of Things Kerim Kotan ## Farplas - Type: VC Fund - Location: Kocaeli, Kocaeli, Turkey - Relevant deals: 2 - Stages: Seed, Convertible Note - Focus: Electronics, Manufacturing, Image Recognition Farplas is an automotive manufacturer and supplier of interior ceiling systems, interior & exterior trims, lighting and accessories. ## Teknoloji Yatirim - Type: VC Fund - Location: Ankara, Ankara, Turkey - Relevant deals: 2 - Stages: Seed, Series A, Convertible Note - Focus: Software, Machine Learning, Analytics 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. ## Vinci Venture Capital - Type: VC Fund - Location: Amsterdam, Noord-Holland, The Netherlands - Relevant deals: 2 - Stages: Seed - Focus: Logistics, Software, Internet Vinci is a venture capital investment firm strategically funded by Inci Holding, a family-owned, industrial holding company active in the manufacturing of wheels, car and industrial batteries, hotel equipment, and logistics services. We are a financial investor but beyond funding, we aim to add value by providing corporate resources, experience,and the long-term view of a true strategic partner for small businesses. Our lead investor, Inci Holding, allows us to provide hands-on support and actively contribute to the growth and prosperity of our investees. Vinci is run by a team made up of Inci Board members and experienced venture capital professionals, who bring relevant know-how to support start-ups on their path to commercial success. ## QNBEYOND Ventures - Type: VC Fund - Location: Istanbul, Istanbul, Turkey - Relevant deals: 2 - Stages: Seed, Pre-Seed, Series A - Focus: SaaS, Information Technology, Software Like every other aspect of our lives financial services are changing. The next 10 years will be nothing like before.We know visionary founders will play a key role to pioneer this change. That is why we are driven to partner with audacious teams who also have strong resilience.As a strategic investor we are aiming to explore any chance tocollaborate as earliest as possible, where we can contribute with our insights and explore the potential opportunities within QNB Group.Our presence as QNB Group in more than 30 countries serving 24 million customers with a full spectrum of financial products, makes us confident we can bring an extensive global network and our business expertise thus when we partner, we deliver critical support besides capital to accelerate growth.So if you think you are that team, contact us and let’s define what’s beyond of banking together! ## F+ Ventures - Type: VC Fund - Location: Istanbul, Istanbul, Turkey - Relevant deals: 2 - Stages: Seed, Series A, Pre-Seed - Focus: Software, Automotive, Manufacturing 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. ## Figen Korun - Type: Angel - Relevant deals: 2 - Stages: Seed, Pre-Seed, Series A - Focus: E-Commerce, Coffee, Battery Figen Korun ## Eczacıbasi Momentum - Type: VC Fund - Relevant deals: 2 - Stages: Seed, Series A - Focus: Medical Device, Information Technology, Baby Eczacıbaşı Momentum invested in three venture companies and a venture capital fund; Their goal is to invest US$30 million over the next five years as they continue to partner with funds and startups that shape the new normal of modern life, focusing on well-being, consumption, and home-living. ## Ebru Dorman - Type: Angel - Location: Istanbul, Istanbul, Turkey - Relevant deals: 2 - Stages: Seed, Pre-Seed, Equity Crowdfunding - Focus: Health Care, Apps, Fitness Ebru Dorman ## Ali Demir Akel - Type: Angel - Location: Istanbul, Istanbul, Turkey - Relevant deals: 2 - Stages: Convertible Note, Seed, Series A - Focus: Retail, Analytics, 3D Printing Ali Demir Akel