İTÜNOVA

VC Fund

Istanbul, Turkey

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İTÜNOVA is a VC fund in Istanbul focused on Biotechnology and 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.

Total investments:: 1
Last investment:: May 2020
Lead investor:: 0%

Last updated: Aug 2026

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Industries İTÜNOVA invests in

BiotechnologyMedical Device

Stages İTÜNOVA invests in

Seed

Countries İTÜNOVA invests in

Turkey

Investment Focus

Industry

Biotechnology 1 (100%)
Medical Device 1 (100%)

Investments

Company	Description	Round	Links
MD Research & Development	MD Research & Development are into research and development of innovative products and methods needed in the field of radiation oncology.	$52K / Seed / May 29, 2020

Co-Investors

ITUARI Teknokent 1 deal together

TRANGELS 1 deal together

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FAQ

What does İTÜNOVA invest in?

İTÜNOVA invests primarily in Biotechnology and Medical Device startups, most often at Seed stage. Most of the 1 investments tracked by Shizune back companies in Turkey. The Investment Focus section breaks down every industry, stage and country in the portfolio.

When did İTÜNOVA last invest?

The most recent investment recorded for İTÜNOVA closed in May 2020. Shizune tracks 1 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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