# Erol Iren

> Erol Iren is a seed investor in Istanbul backing Battery, Clean Energy and Biotechnology. See 5 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Location: Istanbul, Turkey
- Total investments: 5
- Last investment: Jun 2026
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/erol-iren-b2aa19200/?originalSubdomain=tr

Erol Iren is a seed investor in Istanbul focused on Battery and Clean Energy. Erol Iren

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $235k–$4.5M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Battery | 1 | 20% |
| Clean Energy | 1 | 20% |
| Biotechnology | 1 | 20% |
| Manufacturing | 1 | 20% |
| Sustainability | 1 | 20% |

8 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 2 | 40% |
| Angel | 1 | 20% |
| Pre-Seed | 1 | 20% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Turkey | 2 | 40% |
| Belgium | 1 | 20% |
| United States | 1 | 20% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Astracite | Astracite designs next-generation, climate-positive graphite-silicon composite anode materials explicitly engineered for lithium-ion batteries. The business model addresses global supply chain and environmental vulnerabilities by transforming captured carbon dioxide emissions into high-performing battery components via an eco-friendly processpowered by green electricity. By structurally embedding silicon into a specialized carbon matrix, the company delivers a fivefold capacity boost over traditional synthetic graphite while maintaining an ultra-low manufacturing footprint. | $870.7K | Pre-Seed | Jun 16, 2026 |  |
| Innovasion Labs PINC | Innovasion Labs PINC produces lithium-ion battery technology prototypes using technology that has undergone proof of concept testing in a laboratory setting. | $2M | Seed | Dec 01, 2023 |  |
| Plastic Move | Plastic Move engages in the production of bio-based and bio-degradable bioplastics made of waste bread. | $235K | Seed | Dec 30, 2022 |  |
| FormaStar | FormaStar is a Sports-focused digital ecosystem. | $500K | Angel | Dec 06, 2022 |  |
| Plastic Move | Plastic Move engages in the production of bio-based and bio-degradable bioplastics made of waste bread. | $4.5M | Seed | Mar 08, 2022 |  |

5 of 5 investments shown.

## Co-investors
- [Korun Teknoloji](https://shizune.co/investors/profile/korun-teknoloji) — VC Fund, 2 deals together
- [APY Ventures](https://shizune.co/investors/profile/apy-ventures) — VC Fund, 1 deal together
- [ATechX Accelerator](https://shizune.co/investors/profile/atechx-accelerator) — VC Fund, 1 deal together
- [Carbon13](https://shizune.co/investors/profile/carbon13) — VC Fund, 1 deal together
- [CarbonFix](https://shizune.co/investors/profile/carbonfix) — VC Fund, 1 deal together
- [Innovative Power](https://shizune.co/investors/profile/innovative-power) — VC Fund, 1 deal together

## Similar investors

### Similar industry
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### Similar stage
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### Similar country
- [F6 Ventures](https://shizune.co/investors/profile/flat6labs) — VC Fund
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## FAQ

### What does Erol Iren invest in?

Erol Iren invests primarily in Battery, Clean Energy and Biotechnology startups, most often at Seed and Angel stage. Most of the 5 investments tracked by Shizune back companies in Turkey. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Erol Iren's check size?

Erol Iren typically joins rounds of $235k–$4.5M at Seed. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Erol Iren participates in.

### When did Erol Iren last invest?

The most recent investment recorded for Erol Iren closed in Jun 2026. Shizune tracks 5 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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