# Top 40 Medical Device Startup Investors in Turkey in June 2026

## Diffusion Capital Partners
- Type: VC Fund
- Location: Istanbul, Istanbul, Turkey
- Relevant deals: 9
- 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.

## Eczacıbasi Momentum
- Type: VC Fund
- Relevant deals: 3
- 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.

## TT Ventures
- Type: VC Fund
- Location: Istanbul, Istanbul, Turkey
- Relevant deals: 3
- Stages: Seed, Pre-Seed
- Focus: Software, Information Technology, Artificial Intelligence

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

## 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.

## 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…

## Ak Portfoy
- Type: VC Fund
- Location: Besiktas, Istanbul, Turkey
- Relevant deals: 2
- Stages: Seed, Series A, Pre-Seed
- 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.

## İlter Terzioğlu
- Type: Angel
- Relevant deals: 1
- Stages: Series A
- Focus: 3D Technology, Medical Device, Test and Measurement

İlter Terzioğlu

## Teknoloji Yatirim
- Type: VC Fund
- Location: Ankara, Ankara, Turkey
- Relevant deals: 1
- Stages: Seed, Series A, Convertible Note
- Focus: Software, Analytics, Machine Learning

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.

## GirişimTürk
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: E-Commerce, Wedding, Big Data

Investment Company

## Tolunay Yıldız
- Type: Angel
- Location: Istanbul, Istanbul, Turkey
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: E-Commerce, AgTech, Coffee

Tolunay Yıldız

## Mustafa Bağcı
- Type: Angel
- Relevant deals: 1
- Stages: Series A, Private Equity
- Focus: Shopping, E-Commerce, 3D Technology

Mustafa Bağcı is an Angel investor.

## Sinan Güler
- Type: Angel
- Location: Istanbul, Istanbul, Turkey
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Apps, Fitness, Wellness

Sinan Güler is a Co-Founder at Guler Legacy. He attended Carroll College.

## Belkıs Kuşçulu Özer
- Type: Angel
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Shopping, E-Commerce, 3D Technology

Belkıs Kuşçulu Özer is an Angel investor.

## Techmine
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed
- Focus: Baby, Medical, Biotechnology

Techmine is an Investment firm.

## Yüksel Açık
- Type: Angel
- Relevant deals: 1
- Stages: Series A
- Focus: 3D Technology, Medical Device, Test and Measurement

Yüksel Açık

## Fonbulucu
- Type: VC Fund
- Location: Ankara, Ankara, Turkey
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Equity Crowdfunding
- Focus: Software, Health Care, Medical Device

fonbulucu is a crowding funding platform that provide innovative financing and investment system benefit to entrepreneurs and investors.

## Nexus Ventures
- Type: VC Fund
- Location: Ankara, Ankara, Turkey
- Relevant deals: 1
- 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.

## Istanbul Startup Angels
- Type: VC Fund
- Location: Istanbul, Istanbul, Turkey
- Relevant deals: 1
- 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.

## Davut Kohen
- Type: Angel
- Relevant deals: 1
- Stages: Series A
- Focus: 3D Technology, Medical Device, Test and Measurement

Davut Kohen

## İTÜNOVA
- Type: VC Fund
- Location: Istanbul, Istanbul, Turkey
- Relevant deals: 1
- Stages: Seed
- Focus: Biotechnology, Medical Device

İTÜNOVA Technology Transfer Office (TTO) offers academic studies and new technologies developed in Istanbul Technical University (ITU) to the benefit of the industry to meet their and help with the development of Turkey by adding value.

## TRANGELS
- Type: VC Fund
- Location: Istanbul, Istanbul, Turkey
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Angel
- Focus: Software, Information Technology, Biotechnology

Early Stage Investment Fund and Network

## Ali Emre
- Type: Angel
- Relevant deals: 1
- Stages: Seed
- Focus: Biotechnology, Medical Device

Ali Emre, Arthur Andersen Turkey and NCR PDR Group founded in 1989, after working in Turkey. Initially tmı of Turkey's leading training and consulting firm founded by then Ali Emre group as its licensors, and is positioned as a first in its field.PDR Group, as organic and strategic partnerships, Turkey buying in and out and / orinorganic mergers road widened, and after some changes and additions, each continues to operate as a synergistic companies that carry out training and consultancy activities in their area.Ali Emre; He works on the advisory boards of different companies, and in his studies with stakeholders who aim to grow their business and take them to the next level, focusing on growth, increasing efficiency and competitive advantage, advises institutions on achieving results.

## ŞirketOrtağım
- Type: VC Fund
- Location: Istanbul, Istanbul, Turkey
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Angel
- 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.

## TÜBİTAK
- Type: VC Fund
- Location: Ankara, Ankara, Turkey
- Relevant deals: 1
- 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.

## Figen Korun
- Type: Angel
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: E-Commerce, Coffee, Battery

Figen Korun

## Okan Erol
- Type: Angel
- Relevant deals: 1
- Stages: Seed, Angel, Pre-Seed
- Focus: Biotechnology, AgTech, Ad Exchange

Okan co-founded Wordego and as CEO leads the company’s strategic, executive and managerial efforts. His executive management experience includes working as a Business Development Manager for French Chamber of Commerce, CEO for Imerys Minerals, CEO for Esen Minerals, and CEO for Steno Energy. Okan holds a BS degree in Computer Engineering fromGalatasaray University, an MBA from Sorbonne University and a PhD degree in Finance & Banking from Kadir Has University.

## Nexus Venture Partners
- Type: VC Fund
- Location: Menlo Park, California, United States
- Relevant deals: 1
- Stages: Series A, Seed, Series B
- Focus: Software, Information Technology, Artificial Intelligence

Nexus Venture Partners is a venture capital firm that helps founders build product-focused companies. The firm actively partners with founders at inception, seed, or series-A stages and stays involved throughout the company's growth. With $2.6 billion in capital, Nexus invests mainly in enterprise software in the US and digitally-drivenbusinesses in India.

## twozero Ventures
- Type: VC Fund
- Location: Istanbul, Istanbul, Turkey
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Internet, Software, Media and Entertainment

twozero Ventures provides venture investing to technology-driven and disruptive startups in sports, media, and entertainment.

## StartupFon
- Type: VC Fund
- Location: Istanbul, Istanbul, Turkey
- Relevant deals: 1
- 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.

## Nalan Uysal
- Type: Angel
- Relevant deals: 1
- Stages: Seed
- Focus: Apps, Software, Biotechnology

Nalan Uysal

## Berkay Mollamustafaoglu
- Type: Angel
- Location: Ankara, Ankara, Turkey
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, SaaS, Analytics

Berkay Mollamustafaoglu is the Co-Founder & CEO at OpsGenie. Prior to OpsGenie, Berkay was the CEO of iFountain, and held roles at several technology and consulting companies including Netuitive, Smarts, Ernst & Young, and Predictive Systems. Berkay holds a degree in Electrical & Electronics Engineering from METU.

## Sait Atınç
- Type: Angel
- Relevant deals: 1
- Stages: Seed
- Focus: Biotechnology, Medical Device

Sait Atinç graduated from METU Industrial Engineering Department in 1976. Between 1977-1979 at Türkiye İş Bankası; He worked in the field of education at SEGEM Industrial Training and Development Center between 1980-1982. He moved to the production sector in 1982 and served in different management positions in companies operating in the automotiveand defense industries. He worked as a manager in Production Planning, Project Management, Human Resources and Quality Systems at Türk Traktör, Hema Dişli and Roketsan for 25 years. During this period, he managed various projects in the fields of management information systems and human resources management. Between 1982-1994, he took part in various commissions of the Chamber of Mechanical Engineers and was a member of the editorial board of periodicals. Between 2000-2012, he gave trainings in the seminars of Chamber of Mechanical Engineers, Metal Employers' Union and similar professional organizations. Since 2008, he has been serving as a management consultant to institutions in the fields of "Materials Management", "Management Information Systems", "Human Resources Management" and "Quality Systems Management".

## ACT Venture Partners
- Type: VC Fund
- Location: Amsterdam, Noord-Holland, The Netherlands
- Relevant deals: 1
- Stages: Seed, Series A, Convertible Note
- Focus: Artificial Intelligence, Software, Biotechnology

Early stage deep tech investor

## Erman Turan
- Type: Angel
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: CRM, Apps, Mobile

Erman Turan is an investor at Ekmob.

## Technology & Innovation Fund
- Type: VC Fund
- Location: Jersey, Arkansas, United States
- Relevant deals: 1
- Stages: Seed, Venture - Series Unknown
- Focus: Software, Information Technology, Security

Technology & Innovation Fund was added in 2013.

## ITUARI Teknokent
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed, Grant
- Focus: Biotechnology, AgTech, Software

ITU ARI Teknokent initiative is a University-industry collaboration that enabled many technology based entrepreneurial companies to benefit form the academic infrastructure provided by ITU.

## Ozlem Petek Hun
- Type: Angel
- Relevant deals: 1
- Stages: Seed, Angel, Pre-Seed
- Focus: Film, Software, Biotechnology

Ozlem Petek Hun

## APY Ventures
- Type: VC Fund
- Location: Istanbul, Istanbul, Turkey
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Software, Artificial Intelligence, Information Technology

APY Ventures is a venture capital firm focused on early-stage technology startups.

## Naser Alim
- Type: Angel
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Shopping, E-Commerce, 3D Technology

Naser Alim

## Kerim Kotan
- Type: Angel
- Relevant deals: 1
- Stages: Seed, Angel
- Focus: SaaS, Software, Internet of Things

Kerim Kotan

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