Diffusion Capital Partners

Diffusion Capital Partners is a venture capital firm established in 2015 and located in Istanbul, Turkey. The firm focuses on seed stage, early venture, and growth capital investments, specifically targeting technology-intensive startups in various sectors, including biotechnology, green technology, agri-tech, life sciences, materials and nanotechnology, information technology, robotics, and mechatronics. Diffusion Capital Partners avoids e-commerce business models and emphasizes investments in emerging regions of Turkey. The firm typically makes equity investments ranging from 0.25 million to 4.5 million euros, often leading investment rounds while also engaging in syndicates with other funds and angel investors. By prioritizing entrepreneurial teams that leverage innovative science and technology, Diffusion Capital Partners aims to support projects that are poised to create significant value across interdisciplinary domains.

Merve Akgün

Vice President

Ömer Hiziroglu

Partner

Alper Karagoz

Partner

Altan Küçükçınar

Partner

Burak Ozyazgan

Vice President

Haluk Zontul

Partner

Firat Özpinar

Partner

35 past transactions

TAZI

Seed Round in 2022
TAZI is a provider of automated machine learning solutions, catering to various industries including banking, insurance, retail, telecommunications, Internet of Things (IoT), and healthcare. Founded in 2015 and headquartered in Sausalito, California, TAZI also maintains offices in San Francisco and Amsterdam, along with a research and development facility in Istanbul. The company focuses on creating a user-friendly machine learning platform that enables business professionals to leverage advanced analytics without requiring extensive technical expertise. Through its innovative solutions, TAZI aims to enhance decision-making processes across multiple sectors.

Enhencer

Seed Round in 2022
Enhencer operates an automated machine learning platform designed to predict website visitors and customer purchase decisions. By leveraging sophisticated AI algorithms, the platform collects and analyzes website visitor data, automatically segmenting users based on their behavior and likelihood to make purchases. This functionality allows e-commerce businesses to optimize their marketing campaigns by targeting relevant audiences effectively. Enhencer's user-friendly interface enables any business unit with prepared data to easily build and deploy machine learning models, including popular algorithms such as Decision Tree, Random Forest, and Artificial Neural Networks, without the need for extensive programming knowledge. This approach makes machine learning accessible and practical for organizations seeking to enhance their marketing strategies.

Mixer

Pre Seed Round in 2022
Developer of tech-focused games designed to use blockchain technology to spread Web values to the game ecosystem. The company utilizes game enthusiasts with years of experience in different positions in the gaming industry and blockchain technology to incorporate conventional gaming experience into the play-to-earn ecosystem, enabling gamers to adopt new technology with a player-oriented approach.

TEA networks

Seed Round in 2021
TEA networks is an innovative company specializing on wireless networks. TEA strives to bring machine learning tools and artificial intelligence to Wi-Fi networks. TEA does research and development on new technologies for understanding and enhancing the user experience.

Virasoft

Series A in 2021
Virasoft Software Inc. develops innovative software solutions for digital pathology, focusing on diagnostic support and quantitative image analysis. Founded in 2015 and based in Istanbul, Turkey, the company offers a range of services including cancer diagnosis, case management applications, and telepathology. Virasoft also provides web solutions for instant consultation and annotation, aiming to enhance the efficiency of the pathology process. With an ambition to become the leading provider of digital pathology services in Turkey and its neighboring countries, Virasoft is committed to advancing the field through ongoing research and development efforts.

Webee

Venture Round in 2021
The first mobile software company found in Istanbul and transformed to a Travel Tech company in 2017 with WeBee brand. Closed 2 rounds of investments and growing globally. WeBee has lots of global awards and recognitions including United Nations World Tourism Organization, THA, Silicon Review, CIOAwards and many others.

SmartAlpha

Seed Round in 2021
SmartAlpha specializes in developing artificial intelligence-based tools aimed at enhancing ultrasound interpretation. The company's flagship product, Nerveblox, represents a pioneering advancement in AI-guided ultrasound technology. SmartAlpha's innovative solutions are designed to assist healthcare professionals during ultrasound scans in various medical fields, including musculoskeletal, abdominal, regional anesthesia, and urology exams. By making ultrasound exams more informative and user-friendly, SmartAlpha aims to democratize access to ultrasound technology, enabling practitioners of varying expertise levels to effectively utilize the platform. This approach not only facilitates the training and enhancement of ultrasound interpretation skills but also promotes the independent use of ultrasound, regardless of the user's location.

Neurocess

Seed Round in 2021
Neurocess specializes in wearable technology designed to enhance training performance and minimize injury risks for professional athletes. The company develops attachable sensors that monitor muscle activity during training sessions. These sensors capture critical data on muscle balance, contraction rates, fatigue levels, injury risks, and dehydration. By providing this valuable information, Neurocess enables coaches and athletes to optimize training efficiency and implement preventative measures against injuries.

Khenda

Seed Round in 2021
Khenda offers artificial intelligence-based image analysis for manual production lines, aims to increase the efficiency and quality of production by analyzing manual processes with image processing algorithms.

Virasoft

Venture Round in 2020
Virasoft Software Inc. develops innovative software solutions for digital pathology, focusing on diagnostic support and quantitative image analysis. Founded in 2015 and based in Istanbul, Turkey, the company offers a range of services including cancer diagnosis, case management applications, and telepathology. Virasoft also provides web solutions for instant consultation and annotation, aiming to enhance the efficiency of the pathology process. With an ambition to become the leading provider of digital pathology services in Turkey and its neighboring countries, Virasoft is committed to advancing the field through ongoing research and development efforts.

Appsilon Enterprise

Series A in 2019
Appsilon Enterprise operates a deep tech lab focused on cultivating sustainable diamonds. Utilizing advanced technologies, the company recreates the natural processes that form diamonds by mimicking the conditions found within the Earth. This method ensures that the diamonds produced are chemically and physically identical to those formed in nature. By offering authentic alternatives, Appsilon Enterprise enables clients to conveniently access high-quality diamond substitutes, promoting sustainability within the jewelry industry.

Appsilon Enterprise

Venture Round in 2019
Appsilon Enterprise operates a deep tech lab focused on cultivating sustainable diamonds. Utilizing advanced technologies, the company recreates the natural processes that form diamonds by mimicking the conditions found within the Earth. This method ensures that the diamonds produced are chemically and physically identical to those formed in nature. By offering authentic alternatives, Appsilon Enterprise enables clients to conveniently access high-quality diamond substitutes, promoting sustainability within the jewelry industry.

V-count

Series A in 2017
V-Count Inc. specializes in visitor analytics and related technologies, including people counting, heat-map analysis, and queue management systems, utilizing Wi-Fi-based devices. Established in 2006 and headquartered in Miami, Florida, with additional offices in Dubai and Istanbul, the company serves a diverse range of industries such as retail, airports, shopping malls, libraries, museums, and smart buildings. V-Count collaborates with over 550 brands across more than 25,000 locations in over 105 countries. Its advanced technology provides insights into customer behavior and offers a cloud-based business intelligence platform designed to help businesses optimize their operations, ultimately driving growth in conversions, revenues, and profits.

Tekkredi

Series A in 2017
Tekkredi is a platform that specializes in credit consolidation and restructuring, aimed at helping individuals manage their loan debts more effectively. The service allows users to close existing debts and combine them into a single loan with a bank of their choice. By doing so, Tekkredi enables clients to restructure their financial obligations into a more manageable and affordable payment plan, alleviating the stress associated with multiple monthly payments. The platform is designed to provide a simplified approach to debt management, promoting financial well-being for its users.

FU

Venture Round in 2017
The FU carries out mortgage business, which guarantees the loans of banks and financial institutions, loans of non-financial institutions.

Burgeon

Venture Round in 2017
Burgeon.me is provide advanced materials and technologies for human health with competitive and innovative approaches to the service of medicine and humanity.

Magspin

Seed Round in 2017
Magspin develops transparent ceramics that are physically highly durable and optically competing with glass.

NUBIGON

Convertible Note in 2017
NUBIGON Inc. specializes in designing and developing software solutions for 3D reality capture, primarily targeting the architecture, engineering, and construction (AEC) sectors. Founded in 2018 and based in Austin, Texas, the company offers tools that harness photos and laser scanner data for computer-aided design (CAD). NUBIGON's software features include data management, surface generation, CAD drawing, and camera animation, which allow users to visualize large volumes of data at full resolution in real time. By integrating pre-design and as-built modeling tools, the company enhances the usability of reality capture data, helping clients effectively engage with point clouds and streamline their project workflows.

TAZI

Seed Round in 2017
TAZI is a provider of automated machine learning solutions, catering to various industries including banking, insurance, retail, telecommunications, Internet of Things (IoT), and healthcare. Founded in 2015 and headquartered in Sausalito, California, TAZI also maintains offices in San Francisco and Amsterdam, along with a research and development facility in Istanbul. The company focuses on creating a user-friendly machine learning platform that enables business professionals to leverage advanced analytics without requiring extensive technical expertise. Through its innovative solutions, TAZI aims to enhance decision-making processes across multiple sectors.

Lumos Laser

Pre Seed Round in 2017
Manufacturer of laser applications and machinery intended to produce ultrashort pulsed fiber lasers to increase micromachining in production lines. The company leverages femtosecond fiber laser to develop its applications like tissue processing, ultrafast spectroscopy, medical device manufacturing, glass and sapphire processing, and nonlinear imaging, enabling industrial customers to implement their designs and increase their process efficiency.

Appsilon Enterprise

Seed Round in 2017
Appsilon Enterprise operates a deep tech lab focused on cultivating sustainable diamonds. Utilizing advanced technologies, the company recreates the natural processes that form diamonds by mimicking the conditions found within the Earth. This method ensures that the diamonds produced are chemically and physically identical to those formed in nature. By offering authentic alternatives, Appsilon Enterprise enables clients to conveniently access high-quality diamond substitutes, promoting sustainability within the jewelry industry.

Entekno

Seed Round in 2017
Entekno Ltd. specializes in the development and production of advanced inorganic materials utilizing nanotechnology, catering primarily to the cosmetics and pharmaceutical industries. Founded in 2008 and located in Eskisehir, Turkey, the company focuses on research and development, surface modification of powders, and the synthesis of nanomaterials. Entekno produces a range of products, including high-purity materials, barium titanate and strontium titanate powders, absorbents, flame retardants, and polymer additives. Additionally, the company offers consulting services related to inorganic materials, nanocomposites, and the development of cosmetic ingredients. Through its innovative approach, Entekno aims to enhance the physical, chemical, and thermochemical properties of materials for practical applications.

ATAR Labs

Seed Round in 2017
ATAR Labs builds next generation Security Orchestration, Automation and Response (SOAR) platforms. Our flagship product ATAR helps SOC teams to become more vigilant and effective while helping them achieve more. ATAR has integrations with more than 100 different technologies and orchestrate and automate investigation and response activities spanning those platforms and more.

Virasoft

Seed Round in 2017
Virasoft Software Inc. develops innovative software solutions for digital pathology, focusing on diagnostic support and quantitative image analysis. Founded in 2015 and based in Istanbul, Turkey, the company offers a range of services including cancer diagnosis, case management applications, and telepathology. Virasoft also provides web solutions for instant consultation and annotation, aiming to enhance the efficiency of the pathology process. With an ambition to become the leading provider of digital pathology services in Turkey and its neighboring countries, Virasoft is committed to advancing the field through ongoing research and development efforts.

Episome Biotech

Seed Round in 2017
Episome Biotechnologies operates as a biotechnology company that focuses on industrial enzyme technologies. The company offers EpiCellulyse XT, an enzymatic solution that facilitates the production of biogas from paper mill sludge; and used to convert paper industry waste into raw material for use in biogas plants. It serves biogas, textile, leather, paper, starch, detergent, rubber, and biofuel industries. The company was founded in 2014 and is headquartered in Gebze, Turkey.

Entekno

Seed Round in 2017
Entekno Ltd. specializes in the development and production of advanced inorganic materials utilizing nanotechnology, catering primarily to the cosmetics and pharmaceutical industries. Founded in 2008 and located in Eskisehir, Turkey, the company focuses on research and development, surface modification of powders, and the synthesis of nanomaterials. Entekno produces a range of products, including high-purity materials, barium titanate and strontium titanate powders, absorbents, flame retardants, and polymer additives. Additionally, the company offers consulting services related to inorganic materials, nanocomposites, and the development of cosmetic ingredients. Through its innovative approach, Entekno aims to enhance the physical, chemical, and thermochemical properties of materials for practical applications.

Magspin

Seed Round in 2017
Magspin develops transparent ceramics that are physically highly durable and optically competing with glass.

NUBIGON

Seed Round in 2016
NUBIGON Inc. specializes in designing and developing software solutions for 3D reality capture, primarily targeting the architecture, engineering, and construction (AEC) sectors. Founded in 2018 and based in Austin, Texas, the company offers tools that harness photos and laser scanner data for computer-aided design (CAD). NUBIGON's software features include data management, surface generation, CAD drawing, and camera animation, which allow users to visualize large volumes of data at full resolution in real time. By integrating pre-design and as-built modeling tools, the company enhances the usability of reality capture data, helping clients effectively engage with point clouds and streamline their project workflows.

Medrics

Seed Round in 2016
Medrics Corp., founded in 2016 and based in Istanbul, Turkey, specializes in providing clinical visibility solutions to healthcare organizations. The company focuses on enhancing patient experiences and improving operational efficiency through the use of location-based technologies. Medrics develops integrated solutions tailored to the specific needs of its clients, combining knowledge of healthcare processes with mobile and location technologies. Its offerings are designed to be customizable and white-labeled, allowing healthcare providers to adopt the solutions according to their unique priorities.

Parasut

Series B in 2016
Financial management software for SMEs in Turkey

BMT BAPS

Seed Round in 2016
BMT BAPS Biyomalzeme was established in 2016 as part of the BMT Calsis Group as a manufacturer of advanced technologies for human health. BMT BAPS products are designed to offer unique and viable solutions to orthopaedics via a range of Bio-Absorbable Pins and Screws and associated technologies. Created by a multi-disciplinary team of professionals and over 40 years of experience in the biotechnology sector, BMT BAPS operates on an innovative technology platform connecting experts in materials, design and manufacturing from across the globe.

Episome Biotech

Seed Round in 2016
Episome Biotechnologies operates as a biotechnology company that focuses on industrial enzyme technologies. The company offers EpiCellulyse XT, an enzymatic solution that facilitates the production of biogas from paper mill sludge; and used to convert paper industry waste into raw material for use in biogas plants. It serves biogas, textile, leather, paper, starch, detergent, rubber, and biofuel industries. The company was founded in 2014 and is headquartered in Gebze, Turkey.

Bee and You

Seed Round in 2015
SBS is specialized in production technologies of natural value-added food and cosmetic ingredients.

Cybelle

Seed Round in 2015
Cybelle is a laser hair removal device for the medical and aesthetics industry based on image processing technology developed by Mavilab.

Mikro Biyosistemler Inc.

Seed Round in 2015
Mikro Biyosistemler Inc. is a biomedical microsystems company specializing in the development of microfluidics and lab-on-a-chip systems for various biomedical applications. Founded in 2015 and based in Ankara, Turkey, the company focuses on critical areas such as the detection of multi-drug resistance (MDR) in cancer, particularly breast cancer, and the enumeration of circulating tumor cells (CTCs) to facilitate early diagnosis and prognosis of cancer. Additionally, Mikro Biyosistemler offers consultancy and fabrication services related to microfluidics for other companies and institutions, contributing to advancements in the field of biomedical technology.
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