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Top 25 Renewable Energy Startup Investors in Turkey (June 2026)

The most active venture capital funds and angel investors investing in Turkey Renewable Energy startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Turkey Renewable Energy startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Founder One
VC Fund
3 Turkey, United States, Germany Seed, Pre-Seed EdTech, Software, Health Care $73k–$1.7M
Boğaziçi Ventures
VC Fund
3 Turkey, United Arab Emirates, Canada Seed, Pre-Seed Software, Gaming, Information Technology $82k–$1.5M
RePie Asset Management
VC Fund
2 Turkey, Canada, Germany Seed, Series A FinTech, Software, E-Commerce $123k–$38M
TRANGELS
VC Fund
2 Turkey, United States, Estonia Seed, Pre-Seed, Angel Software, Information Technology, Biotechnology $24k–$1.4M
Toshiba Corporation
VC Fund
2 Japan, United States, United Kingdom Series B, Series C Software, Energy, SaaS $4M–$219M
Olcayto Yigit
Angel
2 Turkey Seed Software, Sustainability, Renewable Energy $403k–$1.1M
Diffusion Capital Partners
VC Fund
2 Turkey, United States, United Kingdom Seed, Series A Software, Information Technology, Artificial Intelligence $439k–$2.7M
Yetik Kadri Mert
Angel
2 Turkey Seed Software, Sustainability, Renewable Energy $403k–$1.1M
Maxis
VC Fund
2 Turkey, United States, United Kingdom Seed, Pre-Seed Software, Artificial Intelligence, E-Commerce $82k–$2.5M
Yagiz Gokdemir
Angel
1 Turkey, Estonia Seed, Pre-Seed Software, Artificial Intelligence, SaaS
Fark Labs
VC Fund
1 Turkey, United States Seed, Pre-Seed, Series A Software, SaaS, Energy $200k–$2.2M
Enis Fakioglu
Angel
1 Turkey Angel SaaS, Solar, Energy
HEDEF GIRISIM SERMAYESI
VC Fund
1 Turkey, United Kingdom Seed, Equity Crowdfunding Pet, FinTech, Internet $292k–$438k
Bashar Hamood
Angel
1 United States, Nigeria, United Kingdom Seed, Pre-Seed, Series A Information Technology, Software, E-Commerce $5k–$5M
2040 Ventures
VC Fund
1 Turkey, New Zealand Seed Software, Sustainability, Renewable Energy $1.1M–$1.8M
Vestel Ventures
VC Fund
1 Turkey, United States, United Kingdom Seed, Series A Software, Electronics, Internet $146k–$10M
AHMET CEZAYİRLİOĞLU
Angel
1 Turkey Angel SaaS, Solar, Energy
Hesham Zreik
Angel
1 United States, Nigeria, India Pre-Seed, Seed, Series A Information Technology, Software, Artificial Intelligence $32k–$5M
APLUS Enerji
VC Fund
1 Turkey Seed PaaS, SaaS, Solar
Samuel Jaudel
Angel
1 Turkey, The Netherlands Seed Software, Artificial Intelligence, SaaS $1.1M–$1.1M
YEO
VC Fund
1 Turkey Seed Energy, Manufacturing, Renewable Energy
Umur Ozal
Angel
1 Turkey Seed Dental, Health Care $403k–$2.5M
Nuh Kar
Angel
1 Turkey Pre-Seed Energy, Battery, Renewable Energy
Umur Cubukcu
Angel
1 Turkey, United States, United Kingdom Seed, Convertible Note Software, SaaS, Mobile
Sedat Eryilmaz
Angel
1 Turkey Seed, Angel Biotechnology, Manufacturing, Renewable Energy
Access all 48 investors in Turkey Renewable Energy startups.

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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Founder One
VC Fund · Sisli, Istanbul, Turkey · 3 investments in Turkey Renewable Energy startups

Founder One makes investment at the idea and seed stage in initiatives with measurable impact goals.

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Investment focus

  • Industry: EdTech, Software, Health Care
  • Stage:Seed, Pre-Seed
  • Geography: Turkey, United States, Germany

Investor stats

  • Total investments: 35
  • Round size: Seed $73k–$1.7M; Pre-Seed $100k–$1.4M
  • Lead/follow: 54% lead, 46% follow
  • Last fund: Likely still investing — raised $7.9M in 2022

Portfolio highlights

  • MilkApp — MilkApp is a developer of raw milk analysis, tracking, and identification systems. They also develop a mobile milk analyzer system. They also provide research and development services for agricultural fields.
  • PoiLabs — PoiLabs has solutions for shopping malls, museums, industries, warehouses, hospitals and more. You can visit our website to learn more about our solutions.
  • Werover — Wind Turbine Blade Health Monitoring System | Werover
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Boğaziçi Ventures
VC Fund · Istanbul, Istanbul, Turkey · 3 investments in Turkey Renewable Energy startups

Boğaziçi Ventures has been established in 2015 with the purpose of supporting entrepreneurship to take their global success to a next level. We aim to invest in technology start-ups which have talented teams by providing business models and looking for funds and mentoring support for future exponential growth.BV Growth fund will only focus on thetechnology startups established in Turkey at the growth stage while having the ambition to get into the global market.BV Crypto fund will be closed with a minimum fund size of $50M to invest in cryptocurrency and blockchain projects. People are interested in investing in cryptocurrency, especially new initial coin offerings (ICO), but they don’t know which one is reliable. We have an extremely capable team dedicated to cryptocurrency. Our analysts search hundreds of ICO projects, follow their communication, investigate the commitment of their teams, make interviews and if they have a chance, even visit them at their locations to give a much better decision.

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Investment focus

  • Industry: Software, Gaming, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: Turkey, United Arab Emirates, Canada

Investor stats

  • Total investments: 53
  • Round size: Seed $82k–$1.5M; Pre-Seed $250k–$600k
  • Lead/follow: 55% lead, 45% follow
  • Last fund: May invest from a new fund soon — raised $7.3M in 2020

Portfolio highlights

  • Ideanote — Ideanote is your complete innovation platform. It's faster, more efficient, and lets you build a fully customizable idea management flow from start to finish.
  • Lucida AI — Enhance your employees' language skills with our AI-powered tool, tailored to your company regulations using end-to-end encryption.
  • Ono — OneNewOne, which operates in the Human Resources vertical, uses artificial intelligence technology to classify and match the CV Pool in minutes and to enable artificial intelligence to do preliminary interviews using its "Smart Pre-Interview" module.
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RePie Asset Management
VC Fund · Istanbul, Istanbul, Turkey · 2 investments in Turkey Renewable Energy startups

RE-PIE is Turkey's first alternative asset management company that was authorized by Capital Markets Board of Turkey to establish real estate investment funds in 2015. With our top-quality management team that has many years of professional experience in various markets, it is our privilege to serve our investors to generate best in classinvestment returns in accordance with their risk perceptions and return expectations in line with our well-structured investment process and risk management guidelines. We aim to provide new funding opportunities and resources for Turkish Capital Markets in order to enable new investments and to grow steadily by increasing our fund size with wide range of products in various asset classes.

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Investment focus

  • Industry: FinTech, Software, E-Commerce
  • Stage:Seed, Series A
  • Geography: Turkey, Canada, Germany

Investor stats

  • Total investments: 67
  • Round size: Seed $123k–$3.7M; Series A $1M–$38M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • VenueX — VenueX enables retailers to showcase their products, POI and indoor maps to shoppers searching online!
  • Goldtag — Digital Asset Development
  • Vimesoft — Vimesoft is a platform that offers video conferencing, enterprise video and remote learning.
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TRANGELS
VC Fund · Istanbul, Istanbul, Turkey · 2 investments in Turkey Renewable Energy startups

Early Stage Investment Fund and Network

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Investment focus

  • Industry: Software, Information Technology, Biotechnology
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Turkey, United States, Estonia

Investor stats

  • Total investments: 59
  • Round size: Seed $52k–$1.4M; Angel $24k–$500k; Pre-Seed $29k–$400k
  • Lead/follow: 15% lead, 85% follow

Portfolio highlights

  • PackUpp — PackUpp is a new generation on-demand “Fast Delivery” technology company and we provide E-Commerce delivery solutions. We serve “Next-Day”, "Same-Day" and "3 Hours Express" deliveries to e-commerce companies. In addition to it, we form “Private Dedicated Field Delivery Teams” to companies as a special delivery team of brand. Wedigitalize all the delivery process by our unique software and technology.Focus on the job which you are best at! Rest, all your packages will be delivered by PackUpp, Fast Delivery Expert.
  • Salty Enerji — Salty Enerji is a manufacturing company that designs energy storage infrastructure to enhance renewable power efficiency and distribution.
  • Weddingbouquet.com — DüğünBuketi is a web and special event organization portal that brings wedding firms together to get price quotes. It was founded in 2017 and is based in Izmir, Turkey.
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Toshiba Corporation
VC Fund · Tokyo, Tokyo, Japan · 2 investments in Turkey Renewable Energy startups

Toshiba America delivers cutting-edge Energy, Industrial, and Electronics Solutions. Discover our innovative power systems, infrastructure, and semiconductor solutions.

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Investment focus

  • Industry: Software, Energy, SaaS
  • Stage:Series B, Series C
  • Geography: Japan, United States, United Kingdom

Investor stats

  • Total investments: 18
  • Round size: Series B $17M–$219M; Series C $4M–$15M
  • Lead/follow: 28% lead, 72% follow

Portfolio highlights

  • Crisp — Crisp connects data between retailers, distributors, and brands to power real-time insights across the supply chain.
  • Multiverse Computing — World leaders in quantum computing for the financial industry. The first quantum & quantum-inspired toolbox for finance.
  • SmartPulse Technology Inc. — All-in-one platform for power trading. smartPulse is an integrated solution for algorithmic energy trading, market analytics, and portfolio optimization.
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Olcayto Yigit
Angel · 2 investments in Turkey Renewable Energy startups

Olcayto Yigit is an individual investor.

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Investment focus

  • Industry: Software, Sustainability, Renewable Energy
  • Stage:Seed
  • Geography: Turkey

Investor stats

  • Total investments: 2
  • Round size: Seed $403k–$1.1M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Kavaken — Increase your renewable portfolio IRR by 0.5-3% through better performance analysis and predictive maintenance and availability management.
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Diffusion Capital Partners
VC Fund · Istanbul, Istanbul, Turkey · 2 investments in Turkey Renewable Energy startups

Diffusion Capital Partners (DCP) is Turkey's leading Venture Capital fund manager with a focus on deep-tech opportunities.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Series A
  • Geography: Turkey, United States, United Kingdom

Investor stats

  • Total investments: 50
  • Round size: Seed $439k–$2.7M; Series A $985k–$2.5M
  • Lead/follow: 62% lead, 38% follow
  • Last fund: May invest from a new fund soon — raised $32M in 2020

Portfolio highlights

  • Doktar Technologies — Discover Doktar Technologies and its sustainable smart farming technologies, digital agriculture tools, and data-driven solutions for modern farming operations.
  • V-Count — V-Count works with 550+ brands, 25.000+ locations in 105+ countries.
  • PowerDev — PowerDev allows renewable energy contenders to make decisive and sustainable battery storage and green hydrogen investments.
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Yetik Kadri Mert
Angel · 2 investments in Turkey Renewable Energy startups

Yetik Kadri Mert is an individual investor.

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Investment focus

  • Industry: Software, Sustainability, Renewable Energy
  • Stage:Seed
  • Geography: Turkey

Investor stats

  • Total investments: 2
  • Round size: Seed $403k–$1.1M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Kavaken — Increase your renewable portfolio IRR by 0.5-3% through better performance analysis and predictive maintenance and availability management.
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Maxis
VC Fund · Besiktas, Istanbul, Turkey · 2 investments in Turkey Renewable Energy startups

Private Equity Investment arm of Isbank

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Investment focus

  • Industry: Software, Artificial Intelligence, E-Commerce
  • Stage:Seed, Pre-Seed
  • Geography: Turkey, United States, United Kingdom

Investor stats

  • Total investments: 84
  • Round size: Seed $82k–$2M; Pre-Seed $100k–$2.5M
  • Lead/follow: 14% lead, 86% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • Hardal — Centralize your first-party data and connect it from any source to any destination for a better performance.
  • Dengage — Dengage is a Customer Experience Data Platform (CXDP) with built-in CDP powered by full marketing automation capabilities.
  • Stay Group — The Stay Group operates a collection of luxury hotels in Turkey under brands such as The Stay Bosphorus, The Stay Nişantaşı, Bebek Hotel by The Stay, Warehouse by The Stay, and others. Their properties are located in prominent areas like Istanbul, Alacati, and Bodrum, offering upscale accommodations with artistic and modern design elements, oftenfeaturing panoramic views of the Bosphorus. They emphasize personalized service, bespoke events, and sustainable practices in their hospitality offerings. The group's hotels also integrate art collections and provide facilities for private events, workshops, and celebrations, aiming to create unique and memorable guest experiences.
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Yagiz Gokdemir
Angel · 1 investments in Turkey Renewable Energy startups

Yagiz Gokdemir

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Investment focus

  • Industry: Software, Artificial Intelligence, SaaS
  • Stage:Seed, Pre-Seed
  • Geography: Turkey, Estonia

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Kavaken — Increase your renewable portfolio IRR by 0.5-3% through better performance analysis and predictive maintenance and availability management.
  • Botgate — Capture, Respond and Channelise information to give personalized and quick responses to generate leads with our AI Tools, Chatbots, and Messaging API.
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

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Fark Labs
VC Fund · Maslak, Istanbul, Turkey · 1 investments in Turkey Renewable Energy startups

Fark Labs is a global innovation and transformation hub that aims to build a better future for all. We help entrepreneurs, startups, corporations, and investors transform into more connected, innovative, and future-ready versions of themselves so they have a positive impact on the world. We apply an investment portfolio approach to our innovationstrategy, touching all stages of the startup lifecycle from incubator to investor in Turkey, which is strengthened by our strong global network of regional accelerators and VC partners in our key global geographies. We use this approach for our 4 focus verticals: mobility, life sciences, sustainable lifestyle, and emerging technologies, which we call our curiosity cabinet.We back change-makers who transform industries and create new ones. Our sweet spot is investing early, and we continue to provide support and investment up to Series A. We envision a better future by championing entrepreneurship, innovation, and frontier technologies that transform legacy businesses and build future-proof startups.We also drive innovation and transformation through collaborative intelligence. We build a unique ecosystem that connects difference-makers, leading corporations, venture capital firms, universities, and government agencies across our 4 verticals.

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Investment focus

  • Industry: Software, SaaS, Energy
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Turkey, United States

Investor stats

  • Total investments: 11
  • Round size: Seed $200k–$2.2M; Pre-Seed $250k–$676k; Series A $1.5M–$2.2M
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • ADASTEC — ADASTEC delivers the most advanced Level-4 automation platform for full-size buses and coaches currently available. The ADASTEC Open Automated Bus Platform called “flowride.ai” is designed for large-scale public transport along pre-defined routes on public roads. “Flowride.ai” allows OEMs to build the best automated bus configurations for the needsof the public transportation operators.
  • M-Based — M-Based develops next-generation biomaterials using mushroom, redefining sustainability in design and materials.
  • MaestroHub — MaestroHub is a Single Source of Truth industrial data governance platform to overcome data architecture and integration challenges faced in digital transformation. MaestroHub points data sources to a smart data layer with drag & drop features and automatically creates contextualized data packages in real-time with Unified Namespacearchitecture. MaestroHub is the first self-diagnostic Unified Namespace solution with DataOps capabilities.
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Enis Fakioglu
Angel · 1 investments in Turkey Renewable Energy startups

Enis Fakioglu is a Managing Director at ENISOLAR Enerji A.S.

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Investment focus

  • Industry: SaaS, Solar, Energy
  • Stage:Angel
  • Geography: Turkey

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • solarVis — solarVis is a B2B white-label SaaS company digitalizing solar energy pre-feasibility analysis, purchasing and loan processes. It makes ordering a solar power plant project as easy as buying a refrigerator. It decreases customer acquisition costs and increases sales force of solar companies.
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HEDEF GIRISIM SERMAYESI
VC Fund · 1 investments in Turkey Renewable Energy startups

Our company, which sees this gap in our country, to support entrepreneurship from the beginning;Investing in innovative projects of visionary entrepreneurs who design new markets with high growth potential, new technology or products, a new mode of production or service, To provide financial and managerial support to SMEs that are in anadvantageous position compared to their competitors in terms of products/services, but are short of capacity and financing, It has taken it as a mission to create the necessary infrastructure for the development of venture capital and business angels models in our country and to increase their awareness.

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Investment focus

  • Industry: Pet, FinTech, Internet
  • Stage:Seed, Equity Crowdfunding
  • Geography: Turkey, United Kingdom

Investor stats

  • Total investments: 6
  • Round size: Seed $292k–$438k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Kalfa — Kalfa is a human-assisted digital business platform for financial advisors. It also offers transferring receipts and invoices to the system, mobile applications, e- auto bank transactions, preparing accrual records, and insurance policies, enabling operational work to be more controllable and faster from a single center.
  • Norm Energy Systems — Norm Energy Systems is a Solar Power Investment & Management Partner that operates in Turkey.
  • Enqura — Enhanced, Qualified and Rational KYC (Know Your Customers) and KYB solutions at Enqura. Discover our banking and finance security solutions.
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Bashar Hamood
Angel · 1 investments in Turkey Renewable Energy startups

Bashar Hamood is a Venture Partner at FasterCapital. He previously worked as an Associate Director at Logica. He attended Heriot-Watt University.

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Investment focus

  • Industry: Information Technology, Software, E-Commerce
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Nigeria, United Kingdom

Investor stats

  • Total investments: 326
  • Round size: Seed $10k–$780k; Pre-Seed $5k–$500k; Series A $15k–$5M
  • Lead/follow: 29% lead, 71% follow

Portfolio highlights

  • SafeNest — SafeNest offers a comprehensive home security system integrating smart technology with professional monitoring services.
  • G Super Races — G Super Races aims to revolutionize the global horse racing scene with its premier league.
  • ZohoOptimizer AI — ZohoOptimizer AI is a platform designed to enhance Zoho’s suite of business applications by providing AI-driven process automation.
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2040 Ventures
VC Fund · 1 investments in Turkey Renewable Energy startups

2040 Ventures is a global investment platform with a strong belief in the transformative power of the technology of decentralization

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Investment focus

  • Industry: Software, Sustainability, Renewable Energy
  • Stage:Seed
  • Geography: Turkey, New Zealand

Investor stats

  • Total investments: 3
  • Round size: Seed $1.1M–$1.8M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Kavaken — Increase your renewable portfolio IRR by 0.5-3% through better performance analysis and predictive maintenance and availability management.
  • Ortege AI — Blockchain AI analytics platform
  • Sea-Flux Vessel Management Software — Sea-Flu is a cloud-based platform designed to streamline and digitize maritime operations for commercial vessels.
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Vestel Ventures
VC Fund · Sisli, Istanbul, Turkey · 1 investments in Turkey Renewable Energy startups

Vestel Ventures is the corporate investment company of Vestel Group of Companies.

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Investment focus

  • Industry: Software, Electronics, Internet
  • Stage:Seed, Series A
  • Geography: Turkey, United States, United Kingdom

Investor stats

  • Total investments: 16
  • Round size: Seed $146k–$2.6M; Series A $2.5M–$10M
  • Lead/follow: 19% lead, 81% follow

Portfolio highlights

  • Splitvolt — At Splitvolt, their mission is to deliver products that Empower the Adoption of Electric Vehicles(TM) by making the experience of owning and charging an electric vehicle a simple and affordable one.Tremendous progress has been achieved for adoption from the automotive industry and battery technology advancement, infrastructure and EVSE suppliersexpansion, to government incentives—both financial and convenience-based. Today, electric vehicles have ample range (300-400 miles) , plentiful remote charging infrastructure along major highway systems, cost 1/3 to operate compared to gas cars, and no longer require trips to the gas station or service centers for maintenance.
  • Electric Miles — Unlock the Power of EV Charging
  • Elevation — Elevation is a manufacturing company that develops high voltage power management solutions such as AC-DC controllers.
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AHMET CEZAYİRLİOĞLU
Angel · 1 investments in Turkey Renewable Energy startups

AHMET CEZAYİRLİOĞLU is a managing director at Aksay Energies.

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Investment focus

  • Industry: SaaS, Solar, Energy
  • Stage:Angel
  • Geography: Turkey

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • solarVis — solarVis is a B2B white-label SaaS company digitalizing solar energy pre-feasibility analysis, purchasing and loan processes. It makes ordering a solar power plant project as easy as buying a refrigerator. It decreases customer acquisition costs and increases sales force of solar companies.
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Hesham Zreik
Angel · Dubai, Dubai, United Arab Emirates · 1 investments in Turkey Renewable Energy startups

Hesham Zreik is the CEO of FasterCapital. He previously worked at DreamApps as a Project Manager. Hesham attended the University of Westminster.

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Investment focus

  • Industry: Information Technology, Software, Artificial Intelligence
  • Stage:Pre-Seed, Seed, Series A
  • Geography: United States, Nigeria, India

Investor stats

  • Total investments: 577
  • Round size: Seed $50k–$2M; Pre-Seed $32k–$1M; Series A $170k–$5M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Junotrax — Junotrax is a company dedicated to addressing the critical supply gaps in Southern Africa’s construction, mining, and agricultural sectors.
  • UrbanFarmers — UrbanFarmers is a platform that connects city dwellers with local urban farms and community gardens.
  • Manufacturing Electronics Cards — it is a startup built on the idea of putting advanced electronics engineering expertise at the service of local and regional businesses.
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APLUS Enerji
VC Fund · Besiktas, Istanbul, Turkey · 1 investments in Turkey Renewable Energy startups

We provide data-driven solutions through energy market analysis, price forecasting, and strategic consulting services.

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Investment focus

  • Industry: PaaS, SaaS, Solar
  • Stage:Seed
  • Geography: Turkey

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • SmartPulse Technology Inc. — All-in-one platform for power trading. smartPulse is an integrated solution for algorithmic energy trading, market analytics, and portfolio optimization.
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Samuel Jaudel
Angel · 1 investments in Turkey Renewable Energy startups

Samuel Jaudel is an individual investor.

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Investment focus

  • Industry: Software, Artificial Intelligence, SaaS
  • Stage:Seed
  • Geography: Turkey, The Netherlands

Investor stats

  • Total investments: 2
  • Round size: Seed $1.1M–$1.1M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Twindo — Twindo is technician-focused FSM + CMMS software built for renewable energy operations. Streamline planning, reporting, analytics, and field workflows with one powerful, intuitive platform.
  • Kavaken — Increase your renewable portfolio IRR by 0.5-3% through better performance analysis and predictive maintenance and availability management.
Show all investments...

Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

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YEO
VC Fund · Kartal, Istanbul, Turkey · 1 investments in Turkey Renewable Energy startups

YEO is a power generation, transmission, and distribution corporation that focuses on automation and electrification. YEO provides electrification, automation, and digitization solutions. They provide design, engineering, procurement, integration, installation, and commissioning projects as the EPC contractor for clients ranging from traditionalstate-owned utilities to independent power plant developers.

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Investment focus

  • Industry: Energy, Manufacturing, Renewable Energy
  • Stage:Seed
  • Geography: Turkey

Investor stats

  • Total investments: 3
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Ni-CAT Battery Materials and AI Company — Ni-CAT is working on AI-assisted research and development of next-generation battery materials, which is the key to the transition to battery electric vehicles. Ni-CAT believes that the speed of EV transition is still not enough to prevent global warming and replace carbon-based fuels in near future, and it is not related to money or resources. Webelieve that speeding up EV transition is possible with our novel methodology, which combines three approximation to the solution: our unique AI-assisted materials research, digitalized reactor farm and our novel surfactant-assisted synthesis.As the electrification of the automotive industry expands, we deliver state-of-the-art technologies to meet the industry’s high-quality standards. To help our customers to step up the EV transition, we will be working on our research and development of lower-cost/higher performance, ultra-high energy density battery materials to serve innovative solutions for a brighter future. With our expertise in the application of machine learning in material science, we are developing low cobalt/high nickel lithium cathode materials. Cathode determines the type of a lithium battery and is the limiting factor for nickel-based batteries. Further improvement in battery performance is possible through AI-assisted custom high nickel cathode materials with increased charge rate, charge to discharge ratio, tap density, or any other specifications. By our unique computer-controlled digital reactor farm, we numerize synthesis parameters and output specifications for the machine learning algorithm we have been developing.
  • Ion Membranes — Ion membranes is a company that designs and manufactures ion exchange membranes and separators for the green energy industry. Our products are used in batteries, electrolyzers, fuel cells, chlor-alkali facilities, electrodialysis water treatment processes, and other applications that require ionic range separation.
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Umur Ozal
Angel · 1 investments in Turkey Renewable Energy startups

Umur Ozal

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Investment focus

  • Industry: Dental, Health Care
  • Stage:Seed
  • Geography: Turkey

Investor stats

  • Total investments: 3
  • Round size: Seed $403k–$2.5M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Kavaken — Increase your renewable portfolio IRR by 0.5-3% through better performance analysis and predictive maintenance and availability management.
  • Navlungo — e-commerce shipping platform
  • Dentalpiyasa — Dentalpiyasa connects dentists and dental warehouses, enabling direct procurement from manufacturers and importers.
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Nuh Kar
Angel · 1 investments in Turkey Renewable Energy startups

Nuh Kar is a CEO at Solitek Engineering Energy and Electrical Systems.

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Investment focus

  • Industry: Energy, Battery, Renewable Energy
  • Stage:Pre-Seed
  • Geography: Turkey

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Ratio Energy — Ratio provides the energy management, optimization and trading for energy storage and distribution.
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Umur Cubukcu
Angel · San Francisco, California, United States · 1 investments in Turkey Renewable Energy startups

Umur Cubukcu is a Founder & CEO at Citus Data

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Investment focus

  • Industry: Software, SaaS, Mobile
  • Stage:Seed, Convertible Note
  • Geography: Turkey, United States, United Kingdom

Investor stats

  • Total investments: 5
  • Lead/follow: no public data

Portfolio highlights

  • Sporzy — Sporzy a booking, payment & progress tracking platform and a SaaS-backed marketplace for sports, bringing together trainers and studios who wish to benefit from digitalization with sports enthusiasts who seek habit-forming sports experiences, through online live, outdoor and in-person activities.
  • Kavaken — Kavaken offers artificial intelligence-powered solutions to renewable energy asset owners.
  • DryMerge — AI agents that constantly monitor your email, calendar, and calls to keep your CRM updated with every detail.
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Sedat Eryilmaz
Angel · 1 investments in Turkey Renewable Energy startups

Sedat Eryilmaz is an angel investor based in Turkey.

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Investment focus

  • Industry: Biotechnology, Manufacturing, Renewable Energy
  • Stage:Seed, Angel
  • Geography: Turkey

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Daxe Games
  • Wastespresso — Companies that generate coffee waste (headquarters, hotels, cafes, offices, restaurants, etc.) regularly perform micro coffee waste management and upcycle these coffee wastes with its sustainable technological infrastructure. After this upcycling, coffee wastes and disposable/reusable cups, straws, flower pots, spoons, etc. various materials such as; both home appliances, white goods, automotive etc. parts for sectors; It also produces bio raw materials for the packaging and plastics industries.
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Renewable Energy Investor funding in Turkey at a glance

Stats across 37 deals from 48 investors.

48
investors
in Turkey Renewable Energy startups
37
deals
in Turkey Renewable Energy startups
$1M
median round
in Turkey Renewable Energy startups
48%
lead investors
lead at least one round
35%
Seed
most common funding stage
71/29
VC / Angel
share of investor count

Access all 48 investors in Turkey Renewable Energy startups.

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