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

Alper Karagoz

Partner

Altan Küçükçınar

Partner

Burak Ozyazgan

Vice President

Haluk Zontul

Partner

Firat Özpinar

Partner

Past deals in Turkey

Enhencer

Seed Round in 2022
Predictive Storyteller. As the motto points out, Enhencer is an Automated Machine Learning platform to analyze and make predictions. Any business unit with prepared data can build and deploy ML models with a few clicks in Enhencer. Our interface gives everyone access to the most acclaimed models in ML world; Decision Tree, Random Forest, XG Boost, Artificial Neural Networks and many more to come. If you don't have time to learn R and Python but still want to use Machine Learning for your business, Enhencer is the most practical and transparent way.

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 is committed to developing products with a particular focus on ‘AI on ultrasound’. Artificial intelligence guided ultrasound interpretation product Nerveblox (www.nerveblox.com) is the first of its breed.

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 B.V.

Venture Round in 2019
We re-create the earth’s process to grow diamond. Our plasma chamber is like the Sun on the Earth. Atom by atom, the diamond lattice form and it’s the same with how diamond forms in nature. We mimic the process, but the result is the same with nature-born.

Tekkredi

Series A in 2017
Tekkredi.com is a platform to help you reconfigure your existing loans in different banks and relax your monthly payment plan

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.

Magspin

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

Appsilon Enterprise B.V.

Seed Round in 2017
We re-create the earth’s process to grow diamond. Our plasma chamber is like the Sun on the Earth. Atom by atom, the diamond lattice form and it’s the same with how diamond forms in nature. We mimic the process, but the result is the same with nature-born.

Entekno Ltd.

Seed Round in 2017
Entekno Materials is an innovative company developing and producing advanced inorganic materials by using nano technology. The mission of the company is to develop and produce advanced materials and/or technologies and to realize the usage of these materials into real applications.

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 Ltd.

Seed Round in 2017
Entekno Materials is an innovative company developing and producing advanced inorganic materials by using nano technology. The mission of the company is to develop and produce advanced materials and/or technologies and to realize the usage of these materials into real applications.

Magspin

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

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.

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., a biomedical microsystems company, focuses on development of microfludics and lab-on-a-chip systems for biomedical applications, including multi-drug-resistance (MDR) and circulating tumor cells (CTC) detection for early diagnosis and prognosis of cancer. The company develops a detection system for MDR in cancer (primarily on breast cancer); and a microfluidic platform for detection and enumeration of CTCs for POC applications. It also provides consultancy and fabrication services for companies and institutions on microfluidics. The company was founded in 2015 and is based in Ankara, Turkey.