# Istanbul Technical University

> Istanbul Technical University is a VC fund backing Hotel and Wellness. See 3 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Istanbul, Turkey
- Total investments: 3
- Last investment: May 2025
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/istanbul-technical-university
- X (Twitter): http://twitter.com/itu1773
- Website: http://www.itu.edu.tr/
- Facebook: http://www.facebook.com/istanbultechnicaluniversity

Istanbul Technical University is a VC fund in Istanbul focused on Hotel and Wellness. IIstanbul Technical University is a state university founded as the Imperial School of Naval Engineering of the Ottoman Empire. ITU currently offers graduate and postgraduate education in a wide range of fields today. It has more than 30,000 full-time students across five campuses located in Istanbul. The university employs around 1,130 facultymembers, and 1,300 research assistants in 13 faculties and 6 research institutes. Times Higher Education has ranked ITU as the 165th university worldwide in 2014 and 8th university in BRICS & Emerging Economies in 2015.ITU has developed a range of entrepreneurship and innovation platforms for commercializing technology-based knowledge and for facilitating entrepreneurial ecosystem:ITU TEKNOKENT, established in 2002, is one of the largest technology parks of Turkey with its 100,000 square meters area, over 2,000 completed R&D projects, 160 companies with more than 5200 employees. ITU Teknokent generates $137M total income and $110M R&D exports in 2014.ITU CEKIRDEK is the most comprehensive and unique pre-incubator, incubator, and accelerator of Turkey. With its own branded entrepreneurship competition, it attracts thousands of applications and awards seed capital, for example at TRY100,000, TRY50,000 and 2 x TRY25,000 to leading startups in 2014.ITU GINOVA Center for Entrepreneurship and Innovation is established in 2012 by a group of faculty members from ITU Management Engineering Department. It aims to diffuse entrepreneurship culture among Istanbul Technical University (ITU) students and faculty; inspire and encourage ITU students and faculty towards creative thinking and innovation; to provide them with entrepreneurial skills and competencies; as well as to conduct research on innovation and entrepreneurship to expand knowledge in these areas, with passion for innovation, courage, creativity, and learning by doing.

## Contacts

5 contacts available for Istanbul Technical University. Shizune tracks 11 team members at Istanbul Technical University. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/istanbul-technical-university?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Hotel | 1 | 33% |
| Wellness | 1 | 33% |
| Nutrition | 1 | 33% |
| Health Care | 1 | 33% |
| Mobile Apps | 1 | 33% |

9 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 1 | 33% |
| Pre-Seed | 1 | 33% |
| Series B | 1 | 33% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Turkey | 2 | 67% |
| United States | 1 | 33% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Deniz Tuncalp | Assistant Professor of Management | 0 | https://shizune.co/investors/profile/deniz-tuncalp |
| Fatih Samet Cetin | Ph.D. Candidate | 0 | — |
| İsmail Hakkı Biçer | Professor of Management | 0 | — |
| Kaya Tokmakçıoğlu | Lecturer, Finance | 0 | — |
| Mehmet Erçek | Associate Professor of Management | 0 | — |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Pardon AI | May I have an order?For sure. Without calling anybody, furthermore by using the personalized smart menu that is created just for you!To place an order or browse the menu, you don't need to shout "Pardon!"​. Pardon allows you to order through a personalized menu without calling anybody. Also provides an opportunity to makepayments, follow personalized offers and campaigns, and creating-reviewing feedback.Pardon offers a unique dine-in experience! Sit at the table, choose where you are, and review the detailed visualized menu created according to your previous usage habits. Place your order on your own without shouting to anyone "PARDON!"​. Don't miss personalized offers and campaigns according to your previous usage habits! | $600K | Pre-Seed | May 16, 2025 |  |
| Vivoo | Vivoo is a wellness assistant that provides custom nutrition advice to the users based on their urine sample analysis.Vivoo translates the user's urine information into personalized nutrition and lifestyle advice that can easily fit in daily life. All of the Vivoo advice has been prepared by registered dieticians, nutritionists, and doctors.The company was founded in 2017 and is based in Palo Alto, California. | $13M | Series B | Jul 15, 2024 |  |
| Delivers.AI | Delivery droid operator | $3M | Seed | Jun 03, 2024 |  |

3 of 3 investments shown.

## Co-investors
- [APY Ventures](https://shizune.co/investors/profile/apy-ventures) — VC Fund, 1 deal together
- [Caucasus Ventures](https://shizune.co/investors/profile/caucasus-ventures) — VC Fund, 1 deal together
- [Draper Associates](https://shizune.co/investors/profile/draper-associates-2) — VC Fund, 1 deal together
- [GSYF](https://shizune.co/investors/profile/gsyf-fe05) — VC Fund, 1 deal together
- [Halogen Ventures](https://shizune.co/investors/profile/halogen-ventures) — VC Fund, 1 deal together
- [Impetus Capital](https://shizune.co/investors/profile/impetus-capital-a753) — 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
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

## FAQ

### What does Istanbul Technical University invest in?

Istanbul Technical University invests primarily in Hotel, Wellness and Nutrition startups, most often at Seed and Pre-Seed stage. Most of the 3 investments tracked by Shizune back companies in Turkey. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact Istanbul Technical University?

Public channels for Istanbul Technical University include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Istanbul Technical University?

The team at Istanbul Technical University includes Deniz Tuncalp (Assistant Professor of Management), Fatih Samet Cetin (Ph.D. Candidate) and İsmail Hakkı Biçer (Professor of Management), among 11 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.

### 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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