Revo Capital
Funding Round in 2020
Revo Capital, established in 2013, is a leading venture capital firm headquartered in Amstelveen, Netherlands, with offices in Istanbul, Tallinn, and Amsterdam. It specializes in investing in early to growth-stage B2B and B2C technology startups across Turkey, Eastern Europe, and the Baltics. Revo Capital focuses on sectors such as cloud, fintech, marketplaces, marketing technologies, big data, AI, and health IT. With $188M in assets under management, the firm has made 27 investments to date, including notable companies like Getir, PayCore, Massive Bio, and V-Count. Its investors include prominent institutions such as IFC, EBRD, EIF, and DEG.
Istegelsin
Venture Round in 2019
Istegelsin is an online supermarket based in Istanbul, Turkey, that offers a modern shopping experience for consumers. Founded in 2018, the company addresses traditional market shopping challenges by leveraging technology to deliver a wide variety of products directly to consumers. Istegelsin's platform features an extensive range of categories, including fruits, vegetables, meats, snacks, beverages, and personal care items. By maintaining cold storage for fresh produce and providing bakery items that are delivered straight from the oven, Istegelsin ensures quality and freshness while maintaining competitive pricing comparable to regular supermarkets. The company serves as a convenient link between sellers and consumers, enabling users to access supermarket items effortlessly.
ScaleX Ventures
Funding Round in 2019
ScaleX Ventures is a venture capital investment firm based in Amsterdam, Netherlands, founded in 2017. The firm focuses on investing in early-stage startups, particularly in seed and series A stages, with an emphasis on business products and services, enterprise software, and SaaS sectors. ScaleX Ventures collaborates closely with its portfolio companies to help them scale and achieve global growth from the outset, targeting businesses with international ambitions. The firm primarily invests in Eastern Europe and Turkey, aiming to provide financial support ranging from 0.3 to 3 million euros for at least ten investments.
Istegelsin
Corporate Round in 2019
Istegelsin is an online supermarket based in Istanbul, Turkey, that offers a modern shopping experience for consumers. Founded in 2018, the company addresses traditional market shopping challenges by leveraging technology to deliver a wide variety of products directly to consumers. Istegelsin's platform features an extensive range of categories, including fruits, vegetables, meats, snacks, beverages, and personal care items. By maintaining cold storage for fresh produce and providing bakery items that are delivered straight from the oven, Istegelsin ensures quality and freshness while maintaining competitive pricing comparable to regular supermarkets. The company serves as a convenient link between sellers and consumers, enabling users to access supermarket items effortlessly.
212 is a Luxembourg-based venture capital firm established in 2011. It specializes in investing in growth-stage technology companies across Turkey, Central and Eastern Europe (CEE), and the Middle East and North Africa (MENA) region. Focusing on B2B tech solutions with demonstrated traction and product-market fit, 212 aims to support these companies in scaling internationally. The firm manages €75 million and has made 25 investments to date, typically investing between $0.5 million and $3 million per company, taking minority stakes. In addition to capital, 212 provides mentoring, support, and strategic advice to its portfolio companies. The firm was founded by a team of experienced professionals with diverse backgrounds in global corporations and start-ups, driven by a shared vision to cultivate a robust ecosystem in the region.