# Inci

> Inci is a VC fund in Izmir backing Energy, Software and Electronics. See 3 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Izmir, Turkey
- Total investments: 3
- Last investment: May 2025
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/inci-holding
- Website: https://x.com/inciholding
- Facebook: https://www.facebook.com/inciholding

Inci is an automotive engineering company that manufactures vehicle machines and batteries as well as offers technological solutions.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Energy | 2 | 67% |
| Software | 2 | 67% |
| Electronics | 2 | 67% |
| Energy Storage | 2 | 67% |
| Renewable Energy | 2 | 67% |

10 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 1 | 33% |
| Series B | 1 | 33% |
| Series C | 1 | 33% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| India | 1 | 33% |
| United States | 1 | 33% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| VFlow Tech | VFlow Tech uses its unique IP to build safe, long-lasting, high performing low-cost flow batteries for large scale energy storage application. Our modular design allows our batteries to be highly scalable which fits in perfectly from households, micro-grids to grid level storage applications. We use a unique approach of industry focused research todeliver a long lasting and reliable storage solution based on user feedback and industry trends. In addition, our in-house expertise in renewable energy technologies means that we provide you with a complete “energy + storage” solution. | $20.5M | Series B | May 14, 2025 |  |
| VFlow Tech | VFlow Tech uses its unique IP to build safe, long-lasting, high performing low-cost flow batteries for large scale energy storage application. Our modular design allows our batteries to be highly scalable which fits in perfectly from households, micro-grids to grid level storage applications. We use a unique approach of industry focused research todeliver a long lasting and reliable storage solution based on user feedback and industry trends. In addition, our in-house expertise in renewable energy technologies means that we provide you with a complete “energy + storage” solution. | $10M | Series A | Feb 07, 2023 |  |
| Rhombus Energy Solutions | Rhombus Energy Solutions develops advanced, high-efficiency power conversion and energy management systems for energy storage, renewable energy, vehicle charging, microgrids and test equipment applications. Rhombus offers standalone products, power conversion modules, semi-custom configurations, as well as contracted product development servicesand high-power certification testing including UL1741 & IEEE1547. The Rhombus product line consists of power converters/inverters that range of 2kW to 1MW in size.Rhombus also offers VectorStat® cloud-based analytics and monitoring for power systems with remote, real-time management. Founded by some of the best engineers in the industry, Rhombus is led by a powerhouse team with a unique mix of industry experience and deep subject matter expertise.www.rhombusenergy.com |  | Series C | Sep 17, 2020 |  |

3 of 3 investments shown.

## Co-investors
- [UntroD Capital](https://shizune.co/investors/profile/real-tech-holdings) — VC Fund, 4 deals together
- [Pappas Capital](https://shizune.co/investors/profile/pappas-capital) — VC Fund, 2 deals together
- [Seeds Capital](https://shizune.co/investors/profile/seeds-capital) — VC Fund, 2 deals together
- [Wavemaker Ventures](https://shizune.co/investors/profile/wavemaker-partners) — VC Fund, 2 deals together
- [Carbon Zero Venture Capital](https://shizune.co/investors/profile/carbon-zero-venture-capital) — VC Fund, 1 deal together
- [Cycle Capital](https://shizune.co/investors/profile/cycle-capital) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [General Catalyst](https://shizune.co/investors/profile/general-catalyst-partners) — VC Fund

## FAQ

### What does Inci invest in?

Inci invests primarily in Energy, Software and Electronics startups, most often at Series A and Series B stage. Most of the 3 investments tracked by Shizune back companies in India. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Inci last invest?

The most recent investment recorded for Inci closed in May 2025. Shizune tracks 3 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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