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Top 35 Medical VC Funds & Investors in Turkey (September 2026)

The most active venture capital funds investing in Turkey Medical startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Turkey Medical startup companies. Find investors to raise a Pre-Seed, Seed or Venture - Series Unknown round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Diffusion Capital Partners
VC Fund
6 Turkey, United States, United Kingdom Seed, Pre-Seed Software, Information Technology, SaaS $59k–$3M
Alesta Yatırım
VC Fund
6 Turkey, United States, Estonia Seed, Pre-Seed, Convertible Note Software, Artificial Intelligence, Information Technology $26k–$4.6M
Acibadem University
VC Fund
3 Turkey Seed Medical, Health Care, Medical Device
APY Ventures
VC Fund
2 Turkey, United States, United Kingdom Seed, Pre-Seed Software, Artificial Intelligence, Gaming $100k–$2.5M
Kosgeb
VC Fund
2 Turkey, Estonia Grant, Pre-Seed, Seed Artificial Intelligence, Software, Health Care $1k–$400k
ŞirketOrtağım
VC Fund
2 Turkey, United Kingdom Seed, Angel, Pre-Seed Information Technology, Artificial Intelligence, SaaS $66k–$725k
Kayacan Ventures
VC Fund
2 Turkey, Estonia, United Kingdom Seed, Pre-Seed, Venture - Series Unknown Artificial Intelligence, Software, SaaS $50k–$521k
TÜBİTAK
VC Fund
2 Turkey, United States, United Kingdom Grant, Pre-Seed, Seed Software, Artificial Intelligence, Health Care $25k–$521k
B4YO Capital
VC Fund
1 Turkey, United States, United Kingdom Seed, Pre-Seed Software, Food and Beverage, SaaS $100k–$1M
RTA Capital
VC Fund
1 United States, China, Italy Seed, Series A, Series B Software, Education, Medical $100k–$70M
Istanbul Startup Angels
VC Fund
1 Turkey, United States, Israel Seed, Angel SaaS, Software, Mobile Apps $45k–$1.5M
Mada Venture Capital
VC Fund
1 Turkey Seed, Venture - Series Unknown Video, Medical, Wellness
White Unicorn
VC Fund
1 Turkey Seed Dental, Medical
AI Startup Factory
VC Fund
1 Turkey, United States, United Kingdom Seed, Venture - Series Unknown, Pre-Seed Software, Artificial Intelligence, Machine Learning $30k–$2.5M
ICU Venture Capital Investment Partnership
VC Fund
1 Turkey Seed Mobile Apps, Financial Services, Guides
Inovent
VC Fund
1 Turkey, United States Pre-Seed, Seed Information Technology, AgTech, Medical $30k–$129k
TT Ventures
VC Fund
1 Turkey, United States, United Kingdom Seed, Pre-Seed Software, Information Technology, Artificial Intelligence $21k–$2M
Koc GSYF VC
VC Fund
1 Turkey, United States Seed, Convertible Note Artificial Intelligence, Machine Learning, Retail $800k–$2M
ODTÜ TEKNOKENT
VC Fund
1 Turkey, United States Seed, Convertible Note Health Care, Machine Learning, Artificial Intelligence $950k–$1M
Keiretsu Forum Turkey
VC Fund
1 Turkey, United States Seed, Angel, Pre-Seed Software, Information Technology, E-Commerce $28k–$2M
BIC Angels
VC Fund
1 Turkey, United States, Germany Seed, Angel, Pre-Seed Internet, Apps, Education $11k–$514k
Technology & Innovation Fund
VC Fund
1 Turkey, United States, United Kingdom Seed, Venture - Series Unknown Software, Artificial Intelligence, Information Technology $250k–$4M
Decacorn Angels
VC Fund
1 Turkey, United States Seed, Pre-Seed, Venture - Series Unknown Medical, Health Care, Artificial Intelligence
Boğaziçi Ventures
VC Fund
1 Turkey, United States, Switzerland Seed, Pre-Seed, Series A Gaming, Software, Video Games $50k–$2M
Bal Brothers Ventures
VC Fund
1 Turkey Pre-Seed SaaS, Medical, Privacy
TechVenture VC
VC Fund
1 United States, Turkey Seed, Pre-Seed Medical, Health Care, Artificial Intelligence $400k–$400k
Aegean Ventures
VC Fund
1 Turkey, United States, The Netherlands Seed, Pre-Seed Medical, Health Care, Real Estate $25k–$900k
iLab Ventures
VC Fund
1 Turkey, United States Seed, Series A Health Care, Medical, mHealth
Founder One
VC Fund
1 Turkey, United States, Germany Seed, Pre-Seed EdTech, Software, E-Commerce $100k–$1.4M
Al Mada
VC Fund
1 Turkey Seed Medical, Wellness, Health Care
Bilişim Vadisi
VC Fund
1 Turkey, United Kingdom, Germany Seed, Pre-Seed Artificial Intelligence, Software, Electronics $160k–$3.7M
Teknoloji Yatirim
VC Fund
1 Turkey, United States, Germany Seed, Series A, Convertible Note Artificial Intelligence, Analytics, SaaS $550k–$2.4M
Techmine
VC Fund
1 Turkey Seed Baby, Medical, Biotechnology
Techmine Gsyo
VC Fund
1 Turkey, United States Seed Software, Baby, Retail $250k–$2.4M
CVentures
VC Fund
1 Turkey, United States Seed Delivery, Software, CleanTech $470k–$3M
Access all 59 VC funds in Turkey Medical startups.

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

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Investor list

Diffusion Capital Partners
VC Fund · Istanbul, Istanbul, Turkey · 6 investments in Turkey Medical 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, SaaS
  • Stage:Seed, Pre-Seed
  • Geography: Turkey, United States, United Kingdom

Investor stats

  • Total investments: 64
  • Round size: Seed $350k–$3M; Pre-Seed $59k–$1.4M
  • Lead/follow: 55% lead, 45% follow
  • Last fund: May invest from a new fund soon — raised $35M in 2020

Portfolio highlights

  • Etched — Transformers etched into silicon. By burning the transformer architecture into our chips, we're creating the world's most powerful servers for transformer inference.
  • GoWit Technology — Unlock your retail media potential with GoWit's omnichannel Retail Media Advertising platform. Expand your audience reach, optimize bidding, and leverage first-party data for maximum conversions and privacy protection.
  • Mikro Biyosistemler Inc. — Mikro Biyosistemler is a biomedical microsystems company focuses on development of microfluidics and lab-on-a-chip systems for biomedical applications.
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Alesta Yatırım
VC Fund · Istanbul, Istanbul, Turkey · 6 investments in Turkey Medical 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, Convertible Note
  • Geography: Turkey, United States, Estonia

Investor stats

  • Total investments: 134
  • Round size: Seed $30k–$600k; Pre-Seed $26k–$150k; Convertible Note $30k–$4.6M
  • Lead/follow: 20% lead, 80% follow
  • Last fund: May invest from a new fund soon — raised $5M in 2012

Portfolio highlights

  • GlaucoT — GlaucoT develops contact-free intraocular pressure monitoring and neuroprotective treatment technology for glaucoma disease.
  • Kozmonot — Kozmonot is a mobile competition application with real money prizes focused on knowledge, research and intelligence.
  • ConverJinn — AI-powered product categorization and conversion optimization for online stores. Boost conversions and make every product page count.
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Acibadem University
VC Fund · Istanbul, Istanbul, Turkey · 3 investments in Turkey Medical startups

Acibadem University is the Largest Private Healthcare University in Turkey

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Investment focus

  • Industry: Medical, Health Care, Medical Device
  • Stage:Seed
  • Geography: Turkey

Investor stats

  • Total investments: 3
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Hevi AI — Hevi AI provide innovative artificial intelligence-based solutions for medical imaging for a diverse spectrum of diseases varying from detection of critical pathologies to radiomics applications for oncology.
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APY Ventures
VC Fund · Istanbul, Istanbul, Turkey · 2 investments in Turkey Medical startups, 14 in the past 12 months

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

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Investment focus

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

Investor stats

  • Total investments: 124
  • Round size: Seed $212k–$2.5M; Pre-Seed $100k–$2M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: May invest from a new fund soon — raised $14M in 2021

Portfolio highlights

  • Nuvolog — Revolutionize logistics operations with Nuvolog. Features like spot procurement, carbon tracking, and time slot management enhance efficiency and streamline operations.
  • 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.
  • Spektra Games — We create the most realistic simulation/racing games for mobile!
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Kosgeb
VC Fund · Ankara, Ankara, Turkey · 2 investments in Turkey Medical startups

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

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Investment focus

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

Investor stats

  • Total investments: 16
  • Round size: Seed $35k–$161k; Grant $1k–$400k; Pre-Seed $4.4k–$150k
  • Lead/follow: 31% lead, 69% follow

Portfolio highlights

  • Yanhak — Yanhak is a flexible compensation platform to make it more accessible, inclusive, and affordable.
  • Mistikist — Program your mind for stress relief, sleep, focus and performance. Mistikist combines sound and light frequencies, brainwave entrainment, and AI-assisted personalization to shift your mental state in minutes.
  • Vexnor Technology — Biomimetic Actuators, Wearable Robotics, Exoskeleton Technology, Artificial Muscles, Human-Machine Integration, Assistive Robotics, Industrial Ergonomics, Electromechanical Systems, HealthTech, DeepTech, Biomechanics, Robotics R&D, MedTech
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ŞirketOrtağım
VC Fund · Istanbul, Istanbul, Turkey · 2 investments in Turkey Medical startups

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.

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Investment focus

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

Investor stats

  • Total investments: 30
  • Round size: Seed $90k–$400k; Angel $66k–$725k; Pre-Seed $71k–$236k
  • Lead/follow: 60% lead, 40% follow

Portfolio highlights

  • Itz Nutz — Itz Nutz is dedicated to making healthy eating both accessible and enjoyable for everyone by offering a delicious range of cashew-based, plant-based flavors that are nutritious, satisfying, and crafted to support a balanced lifestyle.
  • ThingsHappen — ThingsHappen - Your Personalized AI Broker
  • Visionteractive — Visionteractive develops social media based, fun and interactive physical and digital products, bridging the gap between online and actual world. The company aims to bring a brand together with the target audience by developing various creative products, while enhancing the memorability owing to the interactive experience with the users.Visionteractive was founded on 2013 and is based in Turkey.
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Kayacan Ventures
VC Fund · 2 investments in Turkey Medical startups

Kayacan Ventures supports startups in artificial intelligence, blockchain, and high technology, providing financial and guidance to help them become pioneers and develop innovative solutions.

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Investment focus

  • Industry: Artificial Intelligence, Software, SaaS
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: Turkey, Estonia, United Kingdom

Investor stats

  • Total investments: 13
  • Round size: Seed $50k–$500k; Pre-Seed $147k–$521k
  • Lead/follow: 77% lead, 23% follow

Portfolio highlights

  • Venlo — Venlo is to provide safe, accessible, and advantageous healthcare services to all segments of society.
  • Bucked Games Dijital Oyun Teknolojileri — A game studio that designs and develops educational and casual games.
  • Parabellum Systems — Parabellum Systems is a defense technology company that uses AI to enhance drone warfare solutions for the military.
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TÜBİTAK
VC Fund · Ankara, Ankara, Turkey · 2 investments in Turkey Medical 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 States, United Kingdom

Investor stats

  • Total investments: 43
  • Round size: Seed $50k–$161k; Grant $25k–$230k; Pre-Seed $30k–$521k
  • Lead/follow: 37% lead, 63% 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 — AI-Driven Offensive Security | Attack Surface Management | Exploit Intelligence | Continuous Testing
  • 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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B4YO Capital
VC Fund · Sisli, Istanbul, Turkey · 1 investments in Turkey Medical startups

B4YO Capital is established to assist entrepreneurs to develop their business.

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Investment focus

  • Industry: Software, Food and Beverage, SaaS
  • Stage:Seed, Pre-Seed
  • Geography: Turkey, United States, United Kingdom

Investor stats

  • Total investments: 9
  • Round size: Seed $100k–$1M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • EKOS.AI — Build and maintain your professional network with the EKOS.AI Networking Platform. Meet your new teammates and coworkers, event attendees, community members, investors, and mentors.
  • Studio Billion — Studio Billion is a game development company that develops applications, games, and projects for different platforms. Studio Billion is headquartered in Istanbul, Turkey.
  • Mizanplus Kitchens — Mizanplus Kitchens provides delivery service multi-brand dark store network.
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RTA Capital
VC Fund · San Francisco, California, United States · 1 investments in Turkey Medical startups

RTA Capital LLC is a seed stage venture capital firm focused on information technology investments.Our exceptional international relationships assist portfolio companies in unique ways. Investment themes of particular interest to us include education, healthcare, enterprise, and consumer mobile internet.In the Vedic tradition, RTA isthe principle that guides the harmonious operation of the universe. RTA Capital seeks investments that contribute to a balanced, creative, and prosperous global society.

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Investment focus

  • Industry: Software, Education, Medical
  • Stage:Seed, Series A, Series B
  • Geography: United States, China, Italy

Investor stats

  • Total investments: 13
  • Round size: Seed $100k–$2M; Series A $4.3M–$6M; Series B $29M–$70M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Liulishuo — Liulishuo is a leading artificial intelligence-driven educational technology company founded in September 2012 by Dr. Wang Wei and Dr. Hu Zhe and Dr. Lin Hui. Liulishuo offers a personalized and adaptive language learning experience to 50 million learners in 379 cities in China and over 175 countries around the world. Its self-developed artificialintelligence English teacher, based on deep learning technology, can provide personalized and adaptive learning courses for each user.
  • Genz Biotech — Genz is a biotech research & development company, developing novel diagnostic solutions for complex diseases, like cancer, coronavirus pandemic. Genz provides solutions for medical centers and/or end-users in cooperation with genetic disease and diagnostic centers. To date, Genz received 4 R&D grants and approval by Turkish Ministryof Health for 3 genetic tests.
  • Arcus Biosciences — Arcus is a biopharmaceutical company aiming to bring together scientists, physicians & advisors to focus on developing best-in-class cancer therapies.
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Access 48,091 investors

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

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Istanbul Startup Angels
VC Fund · Istanbul, Istanbul, Turkey · 1 investments in Turkey Medical startups

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

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Investment focus

  • Industry: SaaS, Software, Mobile Apps
  • Stage:Seed, Angel
  • Geography: Turkey, United States, Israel

Investor stats

  • Total investments: 30
  • Round size: Seed $50k–$1.5M; Angel $45k–$270k
  • Lead/follow: 3% lead, 97% follow

Portfolio highlights

  • MobilMed — Since 2015, we have been providing services in the field of mobile biomedical device design and application solutions. Our goal is to provide you with great customer experience and exceptional value services.
  • Buy Buddy — Buy Buddy is the maker of Hitag, the smart apparel security tag and the connected analytics platform, that help the retailers manage inventory, customer behavior and employee efficiency. Hitag gives customers the option to automatically self-checkout on their phones, without the hassle of having to wait in line, while giving the dynamicinventory data to the store managers and the detailed analytics/reporting to the retailers.Beyond replacing the known RFID security against theft, Buy Buddy allows customers to directly pay through their mobiles and check out, skipping the queues at cash counters. Hitags collect in-store customer behavior, in-depth inventory data, dynamic employee performance, and product efficiency for retailers. The Buy Buddy platform in turn presents this data and reporting to companies in real-time.Buy Buddy is an end to end solution for retailers to democratize easy check-out, manage in-store inventory and make informed merchandising decisions based on dynamic data.
  • Anatolian Technologies — Anatolian Technologies & Labs is founded in March, 2017. We dreamed to build a better and useful world for us and next generations to live easier...
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Mada Venture Capital
VC Fund · Istanbul, Istanbul, Turkey · 1 investments in Turkey Medical startups

Mada Venture Capital is an investment firm managed by Yalçındağ family office and it invests in techology-based ventures.

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Investment focus

  • Industry: Video, Medical, Wellness
  • Stage:Seed, Venture - Series Unknown
  • Geography: Turkey

Investor stats

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

Portfolio highlights

  • Vimesoft — Manage secure team communication and AI-powered learning with Vimesoft on one platform, while keeping your data under your control on your own infrastructure.
  • Hop Health — A Next-Generaiton Healthcare App Building a Bridge to a Healthy Future Innovative Health-Tech
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White Unicorn
VC Fund · Budapest, Budapest, Hungary · 1 investments in Turkey Medical startups

At White Unicorn Incubator, we invest in and incubate early-stage Health & MedTech startups - from Hungary to the world.

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Investment focus

  • Industry: Dental, Medical
  • Stage:Seed
  • Geography: Turkey

Investor stats

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

Portfolio highlights

  • dentalPrices — Your dental health is important to you. Don't postpone your appointment anymore, make an online appointment now.!
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AI Startup Factory
VC Fund · Besiktas, Istanbul, Turkey · 1 investments in Turkey Medical startups

Artificial Intelligence Factory is a goal-oriented program focusing on cooperation and investment with Turkish AI initiatives, offering various support mechanisms for growth and international success.

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Investment focus

  • Industry: Software, Artificial Intelligence, Machine Learning
  • Stage:Seed, Venture - Series Unknown, Pre-Seed
  • Geography: Turkey, United States, United Kingdom

Investor stats

  • Total investments: 50
  • Round size: Seed $100k–$2.5M; Pre-Seed $100k–$495k; Venture - Series Unknown $30k–$1.5M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • Flowla — From outreach to onboarding, create personalized sales stories, impress prospects, and build consensus with multiple stakeholders.
  • Syntonym — Focusing on privacy enhancement in the visual data domain, Syntonym is a generative AI startup specializing in pioneering synthetic face generation technology. With use cases ranging from autonomous mobility to visual anonymity in digital health services, Syntonym provides usable privacy solutions, ensuring both compliance and personal privacyprotection. With its patent pending technology, Syntonym replaces faces in image/video with hyper realistic synthetically generated ones. These faces do not correspond to any real individual, preventing the face from being identified and recognized.
  • Kahuna — Kahuna helps independent artists grow with smarter distribution, interest free funding, marketing support, and real time analytics that increase royalties.
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ICU Venture Capital Investment Partnership
VC Fund · Izmir, Izmir, Turkey · 1 investments in Turkey Medical startups

ICU Venture Capital focuses on its target sector's innovative, technology-driven, high-growth enterprises.

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Investment focus

  • Industry: Mobile Apps, Financial Services, Guides
  • Stage:Seed
  • Geography: Turkey

Investor stats

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

Portfolio highlights

  • Atabeg — Atabeg is an educational mobile application that offers training materials, a tailored learning experience, support, and a user-friendly UI.
  • MARS — MARS provides digital financial services with unique card options and rewards programs.
  • ISM Medical — ISM Medical is a medical product development company that specializes in high-tech products and medical investments.
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Inovent
VC Fund · Istanbul, Istanbul, Turkey · 1 investments in Turkey Medical startups

Sabancı University Inovent A.Ş. (Inc.) is Turkey’s first technology commercialization/accelerator and seed fund company established in 2006 as a for-profit, fully owned subsidiary of Sabanci University. Inovent’s focus is on the commercialization of early-stage technologies with a particular focus on fostering faculty based entrepreneurship.Inovent’s mission includes fostering awareness of the importance of creating a countrywide dynamic ecosystem that will support innovative technology-based entrepreneurship, dynamic venture capital and angel investor infrastructures while promoting the proper management of intellectual assets and intellectual property portfolio at the core of an entire value management system and a driver of knowledge-based economic development.Inovent management frequently advises Turkish government authorities on IP/ Patent law, technology transfer infrastructures as well as the creation of risk investment incentives. Inovent has considerable experience in mining university technology portfolios for technologies and business plans showing commercial potential.

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Investment focus

  • Industry: Information Technology, AgTech, Medical
  • Stage:Pre-Seed, Seed
  • Geography: Turkey, United States

Investor stats

  • Total investments: 7
  • Round size: Pre-Seed $30k–$129k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Fazla Gıda — Fazla Gıda is a technology solutions company that prevents food waste.
  • Ant Systems — Ant Systems delivers nanotechnology-driven agricultural solutions designed to advance farming practices. The company's platform employs sophisticated nano-formulations to improve soil health and enhance crop productivity. Its key features include precise nutrient delivery, decreased reliance on harmful chemical inputs, and optimized resourceutilization.
  • Auto Train Brain — Auto Train Brain is a neurofeedback-based mobile software that seeks to improve the cognitive skills of children and adults with dyslexia.
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TT Ventures
VC Fund · Istanbul, Istanbul, Turkey · 1 investments in Turkey Medical 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: 74
  • Round size: Seed $30k–$2M; Pre-Seed $21k–$400k
  • Lead/follow: 8% lead, 92% 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!
  • OctoXLabs — Most Comprehensive Cybersecurity Asset Management Solution #CSAM #CAASM
  • Mindsite — Mindsite provides e-commerce analytics. Easily monitor key metrics from price to visibility in real time. Increase your online sales.
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Koc GSYF VC
VC Fund · 1 investments in Turkey Medical startups

Koç Group is one of Turkey's largest industrial and services groups in terms of revenues, exports, research and development investments, patent portfolio, employees, taxes paid and market capitalization on the Borsa Istanbul. With consolidated revenues of $25.5 billion, it ranks among the world's Fortune 500 list. Koç Holding hasleadingpositions with strong competitive advantages in various sectors, such as energy, automotive, consumer durables and finance. It has more than 97,000 employees and 10,000 dealers, agencies and after-sales service providers. Koç Group is celebrating its 90th anniversary.

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Investment focus

  • Industry: Artificial Intelligence, Machine Learning, Retail
  • Stage:Seed, Convertible Note
  • Geography: Turkey, United States

Investor stats

  • Total investments: 5
  • Round size: Seed $800k–$2M
  • Lead/follow: 60% lead, 40% follow

Portfolio highlights

  • Gengage — Gengage gives every retail visitor an e-commerce agent that finds products, compares trade-offs, answers deciding questions and completes the next step.
  • Dataroid — Enterprise-level digital analytics and customer engagement platform that helps enhance every customer interaction with data-driven insights.
  • Fingate.io — Fingate.io is a local startup that provides services in the fields of Service Banking (BaaS) and open banking. Fingate offers non-bank channels for access to bank products and services.
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ODTÜ TEKNOKENT
VC Fund · Ankara, Ankara, Turkey · 1 investments in Turkey Medical startups

ODTÜ TEKNOKENT is a technopark in Turkey.

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Investment focus

  • Industry: Health Care, Machine Learning, Artificial Intelligence
  • Stage:Seed, Convertible Note
  • Geography: Turkey, United States

Investor stats

  • Total investments: 3
  • Round size: Seed $950k–$1M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Gesund — A CRO platform for clinical-grade AI
  • SmartAlpha — SmartAlpha is committed to developing products with a particular focus on ‘AI on ultrasound’. Artificial intelligence guided ultrasound interpretation product Nerveblox (www.nerveblox.com) is the first of its breed.
  • Veloxia — Veloxia Technology was founded on a vision of becoming a unicorn in global consumer technologies. Veloxia’s mission is to design the self-marketing & industry-disrupting products by achieving excellence at product-market fitness and integrating behavioral economics into its products. As revolutionary products require revolutionary people,Veloxia will always aim at gathering the ones with strong capabilities, reliable values and the desire to embody our story.
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Keiretsu Forum Turkey
VC Fund · Sariyer, Istanbul, Turkey · 1 investments in Turkey Medical startups

Keiretsu Forum is a private equity investment network of angel investors, venture capitalists, and corporate/institutional investors.

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Investment focus

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

Investor stats

  • Total investments: 77
  • Round size: Seed $28k–$1.2M; Angel $50k–$2M; Pre-Seed $49k–$550k
  • Lead/follow: 21% lead, 79% follow

Portfolio highlights

  • Abom — Abom heated anti-fog goggles use state-of-the-art technology to keep your goggles fog-free for snowmobiling, snowboarding and skiing. Check out our optics!
  • Hummingdrone — Hummingdrone provides cutting-edge autonomous drones and software solutions designed specifically for the solar energy industry.
  • Interactive Loan — Interactive Loan provide financial assistance by providing trainings about credit, bond trading, or leasing methods.
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BIC Angels
VC Fund · Istanbul, Istanbul, Turkey · 1 investments in Turkey Medical startups

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.

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Investment focus

  • Industry: Internet, Apps, Education
  • Stage:Seed, Angel, Pre-Seed
  • Geography: Turkey, United States, Germany

Investor stats

  • Total investments: 22
  • Round size: Seed $11k–$514k; Angel $100k–$250k
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • CEOtudent — Founded in May 2015, CEOtudent.com is a content-based website that focuses on providing a rich vision and lifestyle to university and young professionals with content focused on success.On our internet site, we offer numerous contents from personal development to marketing, from career to events, from entrepreneurship to current news.AtCEOtudent.com, we share every piece of information we think that we can provide benefits and inspiration, and we are constantly trying to learn something new.
  • Fithletic — Fithletic is an application designed to enhance the way individuals engage with sports and fitness. The platform offers a streamlined and user-friendly experience, allowing users to explore, evaluate, and select gyms or physical activities that best align with their preferences and schedules.
  • Evde Mimar — Evde Mimar is focused home painting. The company has biggest web site traffic in this industy in Turkey. Evde Mimar provide home service for become beautiful home.
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Technology & Innovation Fund
VC Fund · Jersey, Arkansas, United States · 1 investments in Turkey Medical startups

Technology & Innovation Fund was added in 2013.

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Investment focus

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

Investor stats

  • Total investments: 15
  • Round size: Seed $250k–$2.5M; Venture - Series Unknown $250k–$4M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • DefensX — DefensX makes sure the users are safe working anywhere on any network or device including desktops, laptops, and, iOS & Android. DefensX bundles Remote Browser Isolation, Zero Trust File Protection, and Zero Trust Credential Exposure functionalities for secure remote work.
  • Mükellef — Mükellef is a fintech company that provides financial services, digital transformation, and accounting services.
  • OctoXLabs — Most Comprehensive Cybersecurity Asset Management Solution #CSAM #CAASM
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Decacorn Angels
VC Fund · 1 investments in Turkey Medical startups

Decacorn Angels invests in early-stage businesses developing innovative products and solutions.

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Investment focus

  • Industry: Medical, Health Care, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: Turkey, United States

Investor stats

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

Portfolio highlights

  • Materix — Materix is a nanotechnology company collaborating with industry and academia to develop commercializable materials. The company uses thin films for surface properties, providing hydrophobic, photocatalytic, protection, and antibacterial functions.
  • 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.
  • Winfluencer — Winfluencer is a platform for automated digital influencer marketing. Their solutions are machine learning, augmented reality, image processing, data analytics, social media analytics, and fraud detection. Winfluencer connects thousands of e-commerce sites through a single platform and an automated system. Because of the new generation affiliatemarketing approach, this system enables users to generate long-term income. Its transparent structure allows both users and the e-commerce site to track sales generated by their interactions.
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Boğaziçi Ventures
VC Fund · Istanbul, Istanbul, Turkey · 1 investments in Turkey Medical 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: Gaming, Software, Video Games
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Turkey, United States, Switzerland

Investor stats

  • Total investments: 87
  • Round size: Seed $134k–$2M; Pre-Seed $50k–$600k; Series A $228k–$431k
  • Lead/follow: 56% lead, 44% 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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Bal Brothers Ventures
VC Fund · 1 investments in Turkey Medical startups

𝗕𝗮𝗹 𝗕𝗿𝗼𝘁𝗵𝗲𝗿𝘀 𝗩𝗲𝗻𝘁𝘂𝗿𝗲𝘀 is an early stage Venture Capital Firm.

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Investment focus

  • Industry: SaaS, Medical, Privacy
  • Stage:Pre-Seed
  • Geography: Turkey

Investor stats

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

Portfolio highlights

  • 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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TechVenture VC
VC Fund · Sisli, Istanbul, Turkey · 1 investments in Turkey Medical startups

We invest in visionary startups shaping the technology of the future.

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Investment focus

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

Investor stats

  • Total investments: 4
  • Round size: Seed $400k–$400k
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Swaza — Swaza develops nanotechnology-based therapeutics designed to address critical medical conditions involving impaired oxygen delivery and tissue healing. The company focuses on a nanofluid breathing aid, AeroHeal, which delivers oxygen and removes carbon dioxide in patients with compromised lungs, eliminating the need for invasive ventilation. Theirprimary product, SWAZA-1, is a non-invasive nanofluid that facilitates gas exchange in damaged lungs. Additionally, SWAZA-2 is an oxygen-enriched biomaterial aimed at enhancing wound healing, and SWAZA-3 is a thermoreversible enema intended for emergency oxygenation.
  • RareSum — Empowering healthcare professionals with advanced AI and data technologies: enhancing research efficiency, saving time and resources, and accelerating the diagnostic process while minimizing delays for patients.
  • Exin Health — Exin Health is an innovator in the field of artificial intelligence for surgery. It offers innovative approaches that improve operating room efficiency and safety while also accelerating the learning curve for new staff members.
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Aegean Ventures
VC Fund · Izmir, Izmir, Turkey · 1 investments in Turkey Medical startups

Aegean Ventures invests in Early stage investment in innovative, high value-added, technological business ideas.

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Investment focus

  • Industry: Medical, Health Care, Real Estate
  • Stage:Seed, Pre-Seed
  • Geography: Turkey, United States, The Netherlands

Investor stats

  • Total investments: 8
  • Round size: Seed $25k–$900k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Igor — We are a neobanking company based in Istanbul that operates exclusively online without any traditional physical branch. Igor allows you to open a paperless account in less than 2 minutes.While not a bank itself, we provide banking and financial services in partnership with leading banks in Turkey through our web, mobile app and prepaid igor Card.We offer numerous features for individuals and merchants as a payment and PF solution. We are trying to help small and big businesses succeed on their own terms by accepting all credit and debit cards with better commissions than the regular market.
  • Hevi AI — Hevi AI provide innovative artificial intelligence-based solutions for medical imaging for a diverse spectrum of diseases varying from detection of critical pathologies to radiomics applications for oncology.
  • PulpoAR — PulpoAR Virtual Try-On Solution is realistic and easy to integrate and customize e-commerce platforms. We have specialized in the beauty industry. Increase your sales by giving your users the chance to try-on your products from the comfort of their homes. PulpoAR Virtual Try-On can be integrated into your e-commerce website, mobile app, smartmirror, and smart mirrors and QR codes as in-store solutions.
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iLab Ventures
VC Fund · Istanbul, Istanbul, Turkey · 1 investments in Turkey Medical startups

iLab Ventures was founded in 2000 as a part of Access Turkey Capital Group. Its mandate was to invest venture capital in early-growth stages of companies operating in sectors with high-growth potential. The company focuses on the petrochemical, iron-steel, human resources, software development, and insurance sectors.iLab Ventures is based inIstanbul, Turkey.

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Investment focus

  • Industry: Health Care, Medical, mHealth
  • Stage:Seed, Series A
  • Geography: Turkey, United States

Investor stats

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

Portfolio highlights

  • TRAICK — Using Artificial Intelligence to Predict Risk of Thyroid Cancer Analysis, Yapay Zeka ile Tiroid Kanser Risk Tahmini
  • RapidSOS — As the leading public safety AI company, RapidSOS unlocks mission-critical intelligence for first responders and security teams.
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Founder One
VC Fund · Sisli, Istanbul, Turkey · 1 investments in Turkey Medical 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, E-Commerce
  • Stage:Seed, Pre-Seed
  • Geography: Turkey, United States, Germany

Investor stats

  • Total investments: 39
  • Round size: Seed $100k–$600k; Pre-Seed $100k–$1.4M
  • Lead/follow: 54% lead, 46% follow
  • Last fund: Likely still investing — raised $19M 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 — AI & IoT solutions for predictive maintenance
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Al Mada
VC Fund · Casablanca, Grand Casablanca, Morocco · 1 investments in Turkey Medical startups

Al Mada is a private investment fund operating on the pan-African scene.

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Investment focus

  • Industry: Medical, Wellness, Health Care
  • Stage:Seed
  • Geography: Turkey

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow
  • Last fund: Likely still investing — raised $110M in 2022

Portfolio highlights

  • Hop Health — A Next-Generaiton Healthcare App Building a Bridge to a Healthy Future Innovative Health-Tech
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Bilişim Vadisi
VC Fund · Gebze, Kocaeli, Turkey · 1 investments in Turkey Medical startups

Bilişim Vadisi is a technology development zone in Turkey that ensures the production of high-value-added products and new technologies.

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Investment focus

  • Industry: Artificial Intelligence, Software, Electronics
  • Stage:Seed, Pre-Seed
  • Geography: Turkey, United Kingdom, Germany

Investor stats

  • Total investments: 19
  • Round size: Seed $160k–$3.7M
  • Lead/follow: 21% lead, 79% follow

Portfolio highlights

  • Vispera — Drive your retail execution to perfection with Vispera image recognition technologies and intelligent retail solutions.
  • Buyutech — Democratizing the autonomy by changing the way of perception. We work for a world where your loved ones are safe on the roads we offer affordable and scalable products that will become the eyes of the millions.
  • Saykal — Saykal develops electronic product design technology intended for EV transformation. Saykal manufactures advanced sensing, detection, and imaging systems for strategic and scalable industries with automotive applications. Saykal aligns its product development with customer requirements and strives for timely delivery.
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Teknoloji Yatirim
VC Fund · Ankara, Ankara, Turkey · 1 investments in Turkey Medical 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: Artificial Intelligence, Analytics, SaaS
  • Stage:Seed, Series A, Convertible Note
  • Geography: Turkey, United States, Germany

Investor stats

  • Total investments: 24
  • Round size: Seed $550k–$2.4M; Series A $773k–$2.2M
  • Lead/follow: 21% lead, 79% follow
  • Last fund: May invest from a new fund soon — raised $22M in 2020

Portfolio highlights

  • Branchsight — Scale your multi-location brand with Branchsight. Easily manage local digital ads for dealers and franchises from a single, automated platform.
  • BRANDEFENSE — Brandefense is a Unified Threat Intelligence platform that uses AI to detect, prioritize, and mitigate external cyber threats before impact.
  • Mindsite — Mindsite provides e-commerce analytics. Easily monitor key metrics from price to visibility in real time. Increase your online sales.
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Techmine
VC Fund · 1 investments in Turkey Medical startups

Techmine is an Investment firm.

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Investment focus

  • Industry: Baby, Medical, Biotechnology
  • Stage:Seed
  • Geography: Turkey

Investor stats

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

Portfolio highlights

  • KuartisMED — KuartisMED is a biomedical company developing innovative products for healthcare and the well-being of newborns and preterms.
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Techmine Gsyo
VC Fund · Istanbul, Istanbul, Turkey · 1 investments in Turkey Medical startups

Techmine Gsyo is a venture capital firm that invests in technology startups across a wide range of industries.

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Investment focus

  • Industry: Software, Baby, Retail
  • Stage:Seed
  • Geography: Turkey, United States

Investor stats

  • Total investments: 7
  • Round size: Seed $250k–$2.4M
  • Lead/follow: 71% lead, 29% follow

Portfolio highlights

  • Fuudy — Fuudy is a new Food ordering app
  • KuartisMED — KuartisMED is a biomedical company developing innovative products for healthcare and the well-being of newborns and preterms.
  • Spaceport — Spaceport is an early stage startup working Volumetric Video Streaming #volumetric #video #streaming
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CVentures
VC Fund · Nilüfer, Bursa, Turkey · 1 investments in Turkey Medical startups

CVentures is a corporate venture capital firm of Coşkunöz Holding.

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Investment focus

  • Industry: Delivery, Software, CleanTech
  • Stage:Seed
  • Geography: Turkey, United States

Investor stats

  • Total investments: 8
  • Round size: Seed $470k–$3M
  • 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.
  • UP School — UP School fills in the gap of female participation in society’s most important technology roles by offering free educational programs for women through technical education programs that train them in a specific area of technology. UP School launched two pilot programs in Robotic Process Automation and in Data Science, and have two activecorporate-sponsored programs in Data Analytics and Android Development in partnership with Ford Motor Company, and Akbank.Students who graduated from the program have been recruited by globally lead companies such as Ford Motor Company, Unilever, Siemens and Coca Cola Company.
  • Saha Robotik — Saha Robotics primarily engages in delivering groceries, cargo and custom items with autonomous cloud connected robots.
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Medical VC funding in Turkey at a glance

Stats across 74 deals from 59 investors.

59
investors
in Turkey Medical startups
74
deals
in Turkey Medical startups
$87k
median round
in Turkey Medical startups
41%
lead investors
lead at least one round
34%
Seed
most common funding stage

Access all 59 VC funds in Turkey Medical startups.

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