# Top 50 Retail Startup Investors in Turkey in June 2026

## Aslanoba Capital
- Type: VC Fund
- Location: Istanbul, Istanbul, Turkey
- Relevant deals: 5
- Stages: Seed, Series A, Series B
- Focus: E-Commerce, Internet, Software

Aslanoba Capital is an early stage investor in tech startups in Turkey and the US. The company invests in startups pursuing disruptive ideas in areas such as marketplaces, e-commerce, mobile, classifieds, content, and SaaS with a consideration of investment between $0.25 million and $2 million.Aslanoba was founded in 2013 and is based inIstanbul, Turkey.

## APY Ventures
- Type: VC Fund
- Location: Istanbul, Istanbul, Turkey
- Relevant deals: 3
- Stages: Seed, Pre-Seed
- Focus: Software, Artificial Intelligence, Information Technology

APY Ventures is a venture capital firm focused on early-stage technology startups.

## Logo Ventures
- Type: VC Fund
- Location: Istanbul, Istanbul, Turkey
- Relevant deals: 3
- Stages: Seed, Series A
- Focus: Software, Retail, SaaS

Logo Ventures is an early-stage venture capital firm, investing in innovative high growth technology startups with a potential to scale globally. We partner with exceptional teams with bold ideas and aim to build the future through technology together with them. We focus on the CEE, Baltic and Turkey region and support companies as they transforminto established players within their industry.

## Maxis
- Type: VC Fund
- Location: Besiktas, Istanbul, Turkey
- Relevant deals: 3
- Stages: Seed, Pre-Seed
- Focus: Software, Artificial Intelligence, E-Commerce

Private Equity Investment arm of Isbank

## Inventures
- Type: VC Fund
- Location: Istanbul, Istanbul, Turkey
- Relevant deals: 2
- Stages: Seed, Series A, Angel
- Focus: E-Commerce, FinTech, Retail

Inventures | Seed Stage Investor | Securing Startup DNA

## Ali Demir Akel
- Type: Angel
- Location: Istanbul, Istanbul, Turkey
- Relevant deals: 2
- Stages: Convertible Note, Seed, Series A
- Focus: Retail, Analytics, 3D Printing

Ali Demir Akel

## Arz Portfolio
- Type: VC Fund
- Location: Istanbul, Istanbul, Turkey
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: Software, E-Commerce, Information Technology

Arz Portfolio, an investor operating under a license from the Capital Markets Board of Turkey, is positioned to become one of the leading asset management companies in Turkey. Primary areas of investment focus of Arz Portfolio comprise Private Equity / Venture Capital and Commercial Real Estate investments. Arz Portfolio's generalpartners’ combined experience encompasses (i) global private equity investment experience managing USD 500m+ in private equity funds, 
(ii) senior executive leadership positions in global technology companies such as Microsoft and Turk Telekom, 
(iii) ground up successful entrepreneurial experience in Turkish market and 
(iv) management USD 150m real estate portfolio.

## Nevzat Ayd&#305;n
- Type: Angel
- Relevant deals: 2
- Stages: Seed, Angel
- Focus: Internet, Software, E-Commerce

Nevzat Aydın is the CEO of Yemeksepeti.com, the first and biggest online food delivery portal in Turkey.Born in 1976 in İstanbul, Nevzat Aydın completed his secondary education at the Bursa Anatolian High School. Following his graduation from Boğaziçi University Department of Computer Engineering, he went to the United States where he receivedhis MBA at the University of San Francisco in Silicon Valley.During his stay in the United States, Aydın followed the latest developments on e-trade before he returned to Turkey in 2000 to launch his project, Yemeksepeti.com. Serving as the CEO of Yemeksepeti.com, Nevzat Aydın introduced a brand new dimension to e-trade in Turkey.In 2007, Yemeksepeti.com was selected the “Endeavor Entreprenur” by Endeavor Turkey. Aydin was also selected the “Most Successful Turkish Young Entrepreneur” by the CNBC-e Business magazine in 2010 for his successful work since the foundation of Yemeksepeti.com.As the founder and CEO of Yemeksepeti.com, which celebrated its 11th anniversary in 2012, he won the first prize in 2011 in the “Male Entrepreneur of the Year” category at the “Businesspeople of the Year” survey conducted by the Ekonomist magazine among nearly 3,000 business people.Aydin is a member of the Young Entrepreneurs Supreme Board of the Union of Chambers and Commodity Exchanges of Turkey, and a founding member of Galata Business Angels.Aydın was one of the 150 entrepreneurs invited from all over the world to the Entrepreneurship Summit held by US President Barack Obama on April 26-27, 2010.He was also among the speakers at the DLD (Digital-Life-Design) Conference, which is deemed as one of the world's most prestigious conferences with its content on innovation and developments in the digital world. He is also an editorial advisor of GQ Turkey, one of the 5 “dragons” of the Dragons’ Den Turkey show, and a Board Member of Trabzonspor sports club.

## Firat Isbecer
- Type: Angel
- Location: Istanbul, Istanbul, Turkey
- Relevant deals: 2
- Stages: Seed, Angel, Pre-Seed
- Focus: Internet, SaaS, Software

Firat Isbecer is an entrepreneur and a seed investor. His first venture Pozitron, a mobile software company focusing on digital banking, commerce and mobile payments, became one of the fastest growing enterprise software companies in Europe with clients across the globe. After multi years of growth and a successful international expansion, Pozitronwas acquired by London-based fin-tech star Monitise plc in 2014.After the acquisition, he joined Monitise and oversaw the company’s regional operations as the MEA Managing Director. Monitise MEA quickly became one of the most profitable business units of Monitise Group. In 2017, Monitise Group was fully acquired by the US-based, Fiserv Inc, one of the world's largest fin-tech companies with more than 50,000 employees.Shortly after the acquisition, he left Fiserv and founded his newest venture, Commencis. Commencis helps leading brands grow and scale in digital, powered by it’s Big Data, Analytics and Cloud products.In September 2019, Commencis expanded to Berlin, Germany by announcing finbyte, a joint-venture in fintech solutions. Besides Commencis, he is also an active seed investor. Member of Galata Business Angels, Turkey’s first angel investor group.After graduating from Robert College in Istanbul, Firat received his Bachelor’s Degree from Galatasaray University, and his Master’s Degree from a joint programme by Université Paris 1 Panthéon-Sorbonne and École Normale Supérieure in Paris.

## Kültepe Investment
- Type: VC Fund
- Location: Kayseri, Kayseri, Turkey
- Relevant deals: 2
- Stages: Seed, Convertible Note, Pre-Seed
- Focus: Software, E-Commerce, SaaS

Kültepe Investment was established by 20 investors within the Erban Angel Investor Network to improve the investment climate of Central Anatolia and to make Kayseri a unique and unique center of attraction for entrepreneurs and entrepreneurs.

## Angel Effect
- Type: VC Fund
- Location: Kurucesme, Istanbul, Turkey
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: Software, E-Commerce, Mobile

We are a team of successful entrepreneurs, corporate leaders and people who know the impact of creating value together.

Together, we invest in high-impact, early-stage companies led by amazing teams with global mindset all over the world.

## Ömer Aras
- Type: Angel
- Relevant deals: 2
- Stages: Seed, Angel
- Focus: Retail, Biopharma, Marketing

Ömer Aras

## Emre Kenci
- Type: Angel
- Location: Istanbul, Istanbul, Turkey
- Relevant deals: 1
- Stages: Seed, Angel, Pre-Seed
- Focus: Art, Retail, Internet

Emre Kenci

## Akis Gayrimenkul Yatirim Ortakligi
- Type: VC Fund
- Location: Üsküdar, Istanbul, Turkey
- Relevant deals: 1
- Stages: Seed, Corporate Round
- Focus: Retail, Shipping, Shopping

Akis Gayrimenkul Yatirim Ortakligi AS, a subsidiary of Akkok Holding, is a Turkey-based real estate investment trust

## 212
- Type: VC Fund
- Location: Istanbul, Istanbul, Turkey
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: Software, E-Commerce, SaaS

We back bold entrepreneurs building legendary companies.

## Revo Capital
- Type: VC Fund
- Location: Amsterdam, Noord-Holland, The Netherlands
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Software, Information Technology, Financial Services

Operational venture capital firm that invests across Turkey, Eastern Europe & Baltics in seed to Series B rounds.

## Techmine Gsyo
- Type: VC Fund
- Location: Istanbul, Istanbul, Turkey
- Relevant deals: 1
- Stages: Seed
- Focus: Retail, Software, E-Commerce

Techmine Gsyo is a venture capital firm that invests in technology startups across a wide range of industries.

## Onur Gargılı
- Type: Angel
- Relevant deals: 1
- Stages: Seed
- Focus: Retail, Fashion, E-Commerce

Onur Gargılı

## Valar Ventures
- Type: VC Fund
- Location: New York, New York, United States
- Relevant deals: 1
- Stages: Series A, Seed, Series B
- Focus: FinTech, Financial Services, Banking

Valar Ventures is a venture capital firm backed by Peter Thiel. Valar partners with entrepreneurs globally and believes that an increasing number of transformative technology companies will be started outside of Silicon Valley, and that the founders of those companies will benefit from having a partner that understands their unique challenges andopportunities.

## TechOne VC
- Type: VC Fund
- Location: Istanbul, Istanbul, Turkey
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Software, SaaS, Information Technology

TechOne VC is a venture capital firm. It invests in innovative tech startups founded by visionary entrepreneurs solving global problems, to deliver superior returns for our investors.

## Yılmaz Yıldız
- Type: Angel
- Relevant deals: 1
- Stages: Seed
- Focus: Procurement, Waste Management, Retail

Yılmaz Yıldız

## BDC Venture Capital
- Type: VC Fund
- Location: Calgary, Alberta, Canada
- Relevant deals: 1
- Stages: Series A, Seed
- Focus: Software, Information Technology, Artificial Intelligence

BDC Venture Capital is a major venture capital investor in Canada, active at every stage of the company's development cycle, from seed through expansion, with a focus on technology-based businesses that have high growth potential and that are positioned to become dominant players in their markets. The company helps create and develop strongCanadian businesses through financing, consulting services and securitization, with a focus on small and medium-sized enterprises.BDC Venture Capital has been involved in venture capital since 1975 and has to date invested in more than 400 companies involved in the areas of Life Sciences, Telecommunications, Information Technology and Advanced Technologies.

## Sente Ventures
- Type: VC Fund
- Location: Chicago, Illinois, United States
- Relevant deals: 1
- Stages: Pre-Seed, Convertible Note, Seed
- Focus: Artificial Intelligence, Machine Learning, Software

Sente is a Chicago-based startup investment and innovation platform. Sente searches the world for the most high-potential startups and helps them scale through unprecedented guidance, support, and connections.

## Lima Ventures
- Type: VC Fund
- Location: Istanbul, Istanbul, Turkey
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Artificial Intelligence, Software, FinTech

Collaboration with outstanding initiators with exceptional insights, from inception through all levels of progress. Lima Ventures supports visionary founders as well as provides certain services to early startups. We seek innovative technology-driven entrepreneurs who generate and lead companies that will inspire millions.

## Inventram
- Type: VC Fund
- Location: Üsküdar, Istanbul, Turkey
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Retail, Robotics, Analytics

İnventram, venture investment arm of Koç Holding, invests in grounbreaking innovative and disruptive high tech startups&scaleups worlwide. 5 out of the 9 high tech startups in Inventram's portfolio currently operate in the USA, and 1 in Germany.

## Keiretsu Capital
- Type: VC Fund
- Location: Seattle, Washington, United States
- Relevant deals: 1
- Stages: Series A, Seed
- Focus: Health Care, Biotechnology, Medical

Keiretsu Capital LLC is an affiliate of the World's Leading Angel Network, Keiretsu Forum, and manages funds which enable limited partners to co-invest in the proprietary deal flow of the angel investors.

## Koc Holding
- Type: VC Fund
- Location: Istanbul, Istanbul, Turkey
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Analytics, Information Technology, Artificial Intelligence

Koç Group is one of Turkey's largest industrial and services groups in terms of revenues, exports, research and development investments, patent portfolio, employees, taxes paid and market capitalization on the Borsa Istanbul. With consolidated revenues of $25.5 billion, it ranks among the world's Fortune 500 list. Koç Holding has leadingpositions with strong competitive advantages in various sectors, such as energy, automotive, consumer durables and finance. It has more than 97,000 employees and 10,000 dealers, agencies and after-sales service providers. Koç Group is celebrating its 90th anniversary.

## Pytch Ventures
- Type: VC Fund
- Location: Birkirkara, NA - Malta, Malta
- Relevant deals: 1
- Stages: Seed
- Focus: Retail, FinTech, Finance

Pytch is owned and managed by a core team of experts with decades of combined experience in payment processing, banking technology, fund raising and Mergers & Acquisitions. Our team members have worked with many FinTech market leaders over the years, large incumbent corporations as well as lean and disruptive organisations. We understand all aspects of this sector intimately and aim to share our expertise with our partners with full transparency and simplicity.

## Candan Karabagli
- Type: Angel
- Location: The Hague, Zuid-Holland, The Netherlands
- Relevant deals: 1
- Stages: Seed, Angel, Series A
- Focus: Retail, Analytics, Biopharma

Candan Karabagli - Yönetim Kurulu Başkanı, CHAIRMAN @ GS Yuasa

## Artificial Intelligence Factory
- Type: VC Fund
- Location: Besiktas, Istanbul, Turkey
- Relevant deals: 1
- Focus: Banking, Finance, Financial Services

Artificial Intelligence Factory is a goal-oriented program focusing on cooperation and investment with Turkish AI initiatives, offering various support mechanisms for growth and international success.

## StartersHub
- Type: VC Fund
- Location: Istanbul, Istanbul, Turkey
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Convertible Note
- Focus: Software, Artificial Intelligence, Information Technology

An early-stage VC that backs, mainly but not limited to, Turkey & CEE's founders who work to disrupt the system for good.

## Rho Canada Ventures
- Type: VC Fund
- Location: New York, New York, United States
- Relevant deals: 1
- Stages: Series A, Series B, Seed
- Focus: Software, Analytics, Internet

Rho Canada Ventures is a division of Rho Capital Partners focusing on early-stage investing in Canada’s most innovative technology companies.The Rho Canada Ventures team comprises a unique combination of entrepreneurial, operational, and venture investment experience in the United States and Canada. With a combined 80 years of experience, RhoCanada Ventures offers entrepreneurs the expertise to turn Canadian innovators into global leaders. Rho Canada Ventures' portfolio companies are a diverse group of investments that span new media, mobile applications, wireless infrastructure, semiconductors and materials, and software.

## Sina Afra
- Type: Angel
- Location: Istanbul, Istanbul, Turkey
- Relevant deals: 1
- Stages: Seed, Series A, Angel
- Focus: E-Commerce, Fashion, Internet

Sina Afra is the CEO and Founder of Tiko. He previously worked at Markafoni as a CEO and Founder. Sina Afra attended the University of Münster.

## Oskar Hartmann
- Type: Angel
- Location: Moscow, Moscow City, Russian Federation
- Relevant deals: 1
- Stages: Seed, Series A, Pre-Seed
- Focus: E-Commerce, Internet, Automotive

Oskar Hartmann currently works as an Angel Investor for YAP.  He previously worked at Flaschenpost SE as an Investor. Oskar Hartmann attended WHU - Otto Beisheim School of Management.

## Teknoloji Yatirim
- Type: VC Fund
- Location: Ankara, Ankara, Turkey
- Relevant deals: 1
- Stages: Seed, Series A, Convertible Note
- Focus: Software, Machine Learning, Analytics

Teknoloji Yatırım is the first actor investing in early-stage technology companies in Turkey. Aiming at preparing the venture capital ecosystem for new players, Teknoloji Yatırım designs, develops and manages innovative tools to meet the financing needs of technology companies in the early and growth stages.
What We Do:
- Direct Investments: Wemake equity investments to technology companies having internationalization potential.
- Co-Investments and Follow-on Investments: We make co-investments and follow-on investments to technology companies at scaling and growth stages, together with other Venture Capital Funds.
- Consultancy Services: We offer consultancy solutions in the design, implementation and management of innovative investment tools and models.

## Yildiz Ventures
- Type: VC Fund
- Location: Istanbul, Istanbul, Turkey
- Relevant deals: 1
- Stages: Seed
- Focus: Retail, Internet, E-Commerce

Yıldız Ventures has three main fields of activity. These areas stand out as startup acceleration program, incubation, and financial investment. Entrepreneurs who receive support from Yıldız Ventures have the opportunity to test their products on a pilot scale and receive important feedback on product-market compatibility by collaborating withcorporate companies from the early stages.

## Inveo Ventures
- Type: VC Fund
- Location: Maltepe, Istanbul, Turkey
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Software, Artificial Intelligence, SaaS

Backed by our entrepreneurial and venture capital knowhow,we are creating value with the innovative and scalable tech companies.

## Cem Topcuoglu
- Type: Angel
- Relevant deals: 1
- Stages: Seed
- Focus: Retail, Procurement, Manufacturing

Cem Topcuoglu

## Sercan Isik
- Type: Angel
- Location: San Francisco, California, United States
- Relevant deals: 1
- Stages: Seed
- Focus: Retail, Procurement, Manufacturing

Sercan Isik - CEO & Co-Founder @ Scorp

## Ata Uzunhasan
- Type: Angel
- Location: Istanbul, Istanbul, Turkey
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Software, Manufacturing, Baby

Ata Uzunhasan - Managing Director @ Galata Business Angels

## Şafak Müderrisgil
- Type: Angel
- Location: Oxford, Oxfordshire, United Kingdom
- Relevant deals: 1
- Stages: Seed
- Focus: Retail, FinTech, Leasing

Şafak Müderrisgil is the Co-founder and Chair of Executive Committee at Etkiyap (Impact Investing Turkey). She attended University of Oxford.

## Esor Investments
- Type: VC Fund
- Location: Frankfurt, Hessen, Germany
- Relevant deals: 1
- Stages: Series A, Seed, Convertible Note
- Focus: Retail Technology, Software, Analytics

Venture Capital Investment firm founded in Frankfurt am Main in Germany

## Uygar Mesudiyeli
- Type: Angel
- Location: Izmir, Izmir, Turkey
- Relevant deals: 1
- Stages: Seed, Equity Crowdfunding
- Focus: Wedding, Software, E-Commerce

Uygar Mesudiyeli is the Founder and Managing Partner of PragmaTech. He previously worked at Beylerbeyi UK Ltd. as a Co-Founder. Uygar Mesudiyeli attended the University of London.

## Ebru Dorman
- Type: Angel
- Location: Istanbul, Istanbul, Turkey
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Equity Crowdfunding
- Focus: Health Care, Apps, Fitness

Ebru Dorman

## Alpay Berk Caglayan
- Type: Angel
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Private Equity, Pre-Seed
- Focus: Digital Marketing, Advertising, Art

Alpay Berk Caglayan is the founder of Inviox Studios, an advisor at Joseph Shining, and a Stakeholder & Executive Partner at Zwiket. He previously worked at Zwiket as an Advisor. Alpay currently manages $8.2 million in assets. Alpay Berk Caglayan attended Yale University.

## Aras Bulut İynemli
- Type: Angel
- Location: Istanbul, Istanbul, Turkey
- Relevant deals: 1
- Stages: Seed
- Focus: Retail, Recycling, Fast-Moving Consumer Goods

Aras Bulut İynemli is a Turkish actor.

## İzzet Zakuto
- Type: Angel
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Apps, Music, AgTech

İzzet Zakuto

## Turkey Development Fund
- Type: VC Fund
- Location: Umraniye, Istanbul, Turkey
- Relevant deals: 1
- Stages: Series A, Seed, Series B
- Focus: Information Technology, Software, SaaS

Turkey Development Fund aims to develop the enterprise ecosystem by investing in new generation startups.

## Onder Oztarhan
- Type: Angel
- Location: Istanbul, Istanbul, Turkey
- Relevant deals: 1
- Stages: Seed, Angel
- Focus: Retail, Recycling, Manufacturing

Onder Oztarhan

## EGIAD Angels
- Type: VC Fund
- Location: Konak, Izmir, Turkey
- Relevant deals: 1
- Stages: Seed, Angel
- Focus: Software, E-Commerce, AgTech

EGIAD Angels Investment Network is an entrepreneur support system established by Aegean Young Business People Association. Business and venture ideas that meet the specified criteria are presented to potential investors in the system, provided that they are transformed into business plans.
