# İTÜNOVA

> İTÜNOVA is a VC fund in Istanbul backing Biotechnology and Medical Device. See 1 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Istanbul, Turkey
- Total investments: 1
- Last investment: May 2020
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/itunovatto/
- X (Twitter): https://twitter.com/itunovatto
- Website: http://www.itunovatto.com.tr/en/itunova-tto/
- Facebook: https://www.facebook.com/itunovatto/

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.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Biotechnology | 1 | 100% |
| Medical Device | 1 | 100% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| 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 |  |

1 of 1 investments shown.

## Co-investors
- [ITUARI Teknokent](https://shizune.co/investors/profile/ituari-teknokent) — VC Fund, 1 deal together
- [TRANGELS](https://shizune.co/investors/profile/tr-angels) — VC Fund, 1 deal together

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## Featured in investor lists
- [Medical Device Investors in Turkey](https://shizune.co/investors/medical-device-investors-turkey)
- [Medical Device VC Funds in Turkey](https://shizune.co/investors/medical-device-vc-funds-turkey)
- [Biotech VC Funds in Turkey](https://shizune.co/investors/biotech-vc-funds-turkey)
- [Health Care VC Funds in Turkey](https://shizune.co/investors/health-care-vc-funds-turkey)
- [Medical Device VC Funds in Middle East](https://shizune.co/investors/medical-device-vc-funds-middle-east)

## 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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