212

212 Limited is a venture capital firm based in Luxembourg City, established in 2011. The firm specializes in early to late-stage investments in internet, communication, and technology sectors, with a particular emphasis on software, social gaming, eCommerce, mobile applications, social media, and cloud computing. 212 Limited primarily targets investment opportunities in Turkey, the Central and Eastern Europe (CEE) region, and the Middle East (MENA). The firm typically invests between $0.5 million and $3 million in its portfolio companies, generally preferring to acquire minority stakes. Founded by a team of experienced professionals, 212 aims to cultivate a robust entrepreneurial ecosystem within its focus regions, leveraging their diverse backgrounds in both global corporations and startups to drive strategic growth and operational success.

Ipek Celiksoz

Associate

Gozde Demir

Vice President

Gulce Gunindi

Associate

Maher Hakim

Partner

Ali H. Karabey

Founding Partner

Ezabel Nihmet

Chief Financial Officer

Numan Numan

Founding Partner, Executive, Investment, Growth Funds & Managing Director

Cem Okay

Associate

Gülce Turan

Associate

Basar Yenidunya

Vice President

Sercan Zülfikar

Finance Associate

Past deals in Hungary

Avatao

Venture Round in 2021
Avatao provides an online training platform focused on teaching secure software development through hands-on exercises and tutorials. It caters to various technical teams, including developers, security champions, and DevOps professionals, by offering an interactive learning experience rather than simple tutorials or videos. With over 600 challenges and tutorials available in more than 10 languages, the platform addresses a comprehensive range of security topics, from web security to secure API design. Avatao immerses users in real-world scenarios, enabling them to learn to identify and address vulnerabilities effectively. This approach not only enhances the security awareness of software engineering teams but also equips them with the skills necessary to build high-quality products while managing risks more efficiently.

Flat4Day

Series B in 2014
Flat4Day is the leading network of vacation rentals, holiday homes, furnished apartments and villas in Europe, Turkey and the Middle East regions. You can instantly view and book out of thousands of available vacation homes in over 71 countries around the world, including Turkey, Spain, Italy, France, Portugal, England, Russia, Ukraine, Croatia, Greece, Poland, Czech Republic, Hungary, Netherlands, Malta, Germany, Austria, Morocco and UAE.

Flat4Day

Series A in 2013
Flat4Day is the leading network of vacation rentals, holiday homes, furnished apartments and villas in Europe, Turkey and the Middle East regions. You can instantly view and book out of thousands of available vacation homes in over 71 countries around the world, including Turkey, Spain, Italy, France, Portugal, England, Russia, Ukraine, Croatia, Greece, Poland, Czech Republic, Hungary, Netherlands, Malta, Germany, Austria, Morocco and UAE.