Earlybird Venture Capital

Earlybird Venture Capital GmbH & Co. KG is a Berlin-based venture capital firm established in 1997, primarily focused on early-stage investments in technology and healthcare companies across Europe and the United States. The firm specializes in various sectors including consumer goods, enterprise internet, mobility, logistics, artificial intelligence, and fintech, among others. Earlybird typically invests between €200,000 and €5 million in seed, Series A, and B rounds, with the capacity to participate in follow-on funding up to €15 million per portfolio company. The firm emphasizes its role as a lead investor, often seeking minority stakes and board representation in its investments. With over €1 billion under management, Earlybird has achieved significant success in the venture capital space, marked by multiple IPOs and trade sales. Its strategic and operational support, coupled with access to an extensive international network, positions Earlybird as one of the leading venture investors in Europe.

Natalia Ahmadian

Investor

Ertunc Alioglu

CFO

Mehmet Atici

Partner and Analyst

Akash Bajwa

Investor

Frederic du Bois-Reymond

Partner

Hendrik Brandis

Co-Founder and Managing Partner

Marie-Thérèse von Buttlar

Principal

Lionel Carnot

Partner

Rainer Christine

Partner

Achim Kampker

Venture Partner

Sara Kirschhausen

Principal

Paul Klemm

Partner

Paulina Lutz

Investor

Christoph Massner

Principal

Rolf Mathies

Partner

Nina Mayer

Principal

Alexander Müller

Partner

Christian Nagel

Managing Partner

Vincenzo Narciso

Partner

Rabab Nasrallah PhD

Principal

Oguzhan Ozer

Principal

Laurent Le Portz

Venture Partner

Hossam Y. Radwan

Venture Partner

Thom Rasche

Partner

Stephan Rauscher

Partner

Tim Rehder

Partner

Andre Retterath

Principal

Nina Rinke

Principal

Cem Sertoglu

Co-Founder and Partner

Heiko Thiel

CFO

Johannes Triebs

Partner

Cécile Tréboit

Investor

Laura Waldenstrom

Principal

Catherine Wang

Venture Partner

Marianne Winkler

COO

Christian Nagel Ph.D

Co-Founder, Managing Director and Partner

Past deals in Turkey

Midas

Seed Round in 2022
Operator of a stock trading platform intended to offer commission-free investment opportunities to investors. The company's platform allows to buying and selling of stocks of renowned stock exchanges and facilitates tracking of investments with live data, enabling investors to invest in stocks enjoying the benefit of low commissions and free transactions.

Obilet

Series C in 2021
Obilet Bilisim Sistemleri A.S. is an online bus ticket booking platform based in Istanbul, Turkey, and is recognized as the leading service in its market. It simplifies the process of purchasing domestic bus tickets by aggregating offerings from over 150 bus companies across more than 40,000 routes, allowing users to easily compare prices and select the best options. While the platform also facilitates flight bookings, its primary focus remains on intercity bus travel. Founded in April 2012 by Yigit Gurocak and Ali Yilmaz, Obilet started with a small team and a modest ticket sales volume, but has since grown significantly, employing over 160 people. In 2019, the company sold approximately 10 million tickets and recorded over 160 million website visits, with its mobile app recognized as Europe's best travel application by MasterCard. With strong backing from venture capital and a dynamic operational environment, Obilet aims for continued growth, leveraging Turkey's high passenger potential.

Apsiyon

Series A in 2020
Apsiyon Bilisim Sistemleri Sanayi ve Ticaret A.S., founded in 2010 and based in Istanbul, Turkey, provides cloud-based internet and software solutions for property management companies. The platform acts as a digital assistant for property managers handling residential and commercial buildings, gated communities, and mixed-use developments. Apsiyon offers a comprehensive suite of services that supports the entire property management business cycle, including bookkeeping, monthly fee payments, staff employment, and commercial agreements. With its tailored solutions, Apsiyon has gained traction in the market, serving nearly 3,000 property managers and over 1.5 million residents as of 2019.

Hazelcast

Series D in 2020
Hazelcast, Inc. develops an open source clustering and scalable data distribution platform for Java. The company offers Hazelcast, an in-memory data grid solution that allows its users to share and partition their application data across their clusters; Hazelcast Jet, a stream processing engine that ingests, categorizes, and processes data to support continuous intelligence practices; and Hazelcast Management Center, a web-based tool that enables its users to monitor and manage Hazelcast clusters, check cluster health, track system throughput, and update cluster configurations. Its solutions are used by developers and companies worldwide. The company was founded in 2008 and is based in Palo Alto, California with a research and development office in Istanbul, Turkey.

Obilet

Series C in 2019
Obilet Bilisim Sistemleri A.S. is an online bus ticket booking platform based in Istanbul, Turkey, and is recognized as the leading service in its market. It simplifies the process of purchasing domestic bus tickets by aggregating offerings from over 150 bus companies across more than 40,000 routes, allowing users to easily compare prices and select the best options. While the platform also facilitates flight bookings, its primary focus remains on intercity bus travel. Founded in April 2012 by Yigit Gurocak and Ali Yilmaz, Obilet started with a small team and a modest ticket sales volume, but has since grown significantly, employing over 160 people. In 2019, the company sold approximately 10 million tickets and recorded over 160 million website visits, with its mobile app recognized as Europe's best travel application by MasterCard. With strong backing from venture capital and a dynamic operational environment, Obilet aims for continued growth, leveraging Turkey's high passenger potential.

iSTAR Medical

Series C in 2019
iSTAR Medical SA is a Belgian company specializing in the development of innovative ophthalmic implants aimed at treating glaucoma. Founded in 2010 as a spinout of Healionics Corporation, the company has established a strong presence in the market with its flagship product, the STARflo glaucoma implant. This non-degradable, micro-porous drainage system reduces intraocular pressure in patients with open-angle glaucoma by enhancing the eye's natural uveoscleral outflow. iSTAR Medical also offers additional products, including STARflo PLUS and STARflo MINI, which provide surgical therapies for glaucoma. The implants are designed to integrate with surrounding tissue, exhibiting anti-fibrotic and anti-inflammatory properties, thereby minimizing complications and the need for medication. The company operates from its eco-friendly R&D and manufacturing facility in Belgium and distributes its products across various international markets, including Australia, China, France, Hungary, Italy, Poland, and Turkey. iSTAR Medical has received multiple quality certifications, including ISO 13485 and ISO 9001, and achieved CE Mark approval for its devices.

Hazelcast

Series D in 2019
Hazelcast, Inc. develops an open source clustering and scalable data distribution platform for Java. The company offers Hazelcast, an in-memory data grid solution that allows its users to share and partition their application data across their clusters; Hazelcast Jet, a stream processing engine that ingests, categorizes, and processes data to support continuous intelligence practices; and Hazelcast Management Center, a web-based tool that enables its users to monitor and manage Hazelcast clusters, check cluster health, track system throughput, and update cluster configurations. Its solutions are used by developers and companies worldwide. The company was founded in 2008 and is based in Palo Alto, California with a research and development office in Istanbul, Turkey.

Vivense

Series D in 2018
Vivense is a Turkish online furniture retailer that connects customers with various furniture manufacturers. The company offers a diverse range of products, including sofas, chairs, tables, beds, and cupboards, through its e-commerce platform and physical showrooms. By providing an extensive selection of interior design products, Vivense enables customers to enhance their living spaces. Additionally, the company supports convenience by allowing clients to order their desired furniture items online and offers free delivery for select products.

Obilet

Series B in 2018
Obilet Bilisim Sistemleri A.S. is an online bus ticket booking platform based in Istanbul, Turkey, and is recognized as the leading service in its market. It simplifies the process of purchasing domestic bus tickets by aggregating offerings from over 150 bus companies across more than 40,000 routes, allowing users to easily compare prices and select the best options. While the platform also facilitates flight bookings, its primary focus remains on intercity bus travel. Founded in April 2012 by Yigit Gurocak and Ali Yilmaz, Obilet started with a small team and a modest ticket sales volume, but has since grown significantly, employing over 160 people. In 2019, the company sold approximately 10 million tickets and recorded over 160 million website visits, with its mobile app recognized as Europe's best travel application by MasterCard. With strong backing from venture capital and a dynamic operational environment, Obilet aims for continued growth, leveraging Turkey's high passenger potential.

Tapu.com

Venture Round in 2018
Tapu.com operates as an online real estate auction platform based in Turkey, having launched in 2015. It is recognized as the first managed real estate marketplace in the country, facilitating the sale of properties through competitive bidding. The platform connects sellers—including financial institutions, construction companies, and individual property owners—with both domestic and international buyers. Tapu.com emphasizes transparency in real estate transactions by providing independent valuation reports and a structured auction process, allowing buyers to determine the sale price based on verified data. Over the years, Tapu.com has secured significant investment from Earlybird Venture Capital and notable Turkish angel investors, enabling it to grow and enhance its service offerings in the real estate market.

Apsiyon

Seed Round in 2017
Apsiyon Bilisim Sistemleri Sanayi ve Ticaret A.S., founded in 2010 and based in Istanbul, Turkey, provides cloud-based internet and software solutions for property management companies. The platform acts as a digital assistant for property managers handling residential and commercial buildings, gated communities, and mixed-use developments. Apsiyon offers a comprehensive suite of services that supports the entire property management business cycle, including bookkeeping, monthly fee payments, staff employment, and commercial agreements. With its tailored solutions, Apsiyon has gained traction in the market, serving nearly 3,000 property managers and over 1.5 million residents as of 2019.

Vivense

Series C in 2017
Vivense is a Turkish online furniture retailer that connects customers with various furniture manufacturers. The company offers a diverse range of products, including sofas, chairs, tables, beds, and cupboards, through its e-commerce platform and physical showrooms. By providing an extensive selection of interior design products, Vivense enables customers to enhance their living spaces. Additionally, the company supports convenience by allowing clients to order their desired furniture items online and offers free delivery for select products.

Obilet

Venture Round in 2017
Obilet Bilisim Sistemleri A.S. is an online bus ticket booking platform based in Istanbul, Turkey, and is recognized as the leading service in its market. It simplifies the process of purchasing domestic bus tickets by aggregating offerings from over 150 bus companies across more than 40,000 routes, allowing users to easily compare prices and select the best options. While the platform also facilitates flight bookings, its primary focus remains on intercity bus travel. Founded in April 2012 by Yigit Gurocak and Ali Yilmaz, Obilet started with a small team and a modest ticket sales volume, but has since grown significantly, employing over 160 people. In 2019, the company sold approximately 10 million tickets and recorded over 160 million website visits, with its mobile app recognized as Europe's best travel application by MasterCard. With strong backing from venture capital and a dynamic operational environment, Obilet aims for continued growth, leveraging Turkey's high passenger potential.

Dolap

Series A in 2017
Dolap is an online shopping site where people can buy second hand clothes, shoes, bags, accessories, and other stuff. The items were bought for a while but not used and have never been worn. Dolap offers thousands of products to its followers with a fast and practical shopping experience, secure online payment systems, installment facilities. original product control service and customer service that users can reach 24/7. The main brands of the luxury brand category in the fashion world are Chanel, Christian Dior , Yves Saint Laurent, Prada, Oscar de la Renta, Valentino's favorite brands Zara, Mango , Nike, New Balance , Lacoste , Koton and Bershka.

Tapu.com

Seed Round in 2017
Tapu.com operates as an online real estate auction platform based in Turkey, having launched in 2015. It is recognized as the first managed real estate marketplace in the country, facilitating the sale of properties through competitive bidding. The platform connects sellers—including financial institutions, construction companies, and individual property owners—with both domestic and international buyers. Tapu.com emphasizes transparency in real estate transactions by providing independent valuation reports and a structured auction process, allowing buyers to determine the sale price based on verified data. Over the years, Tapu.com has secured significant investment from Earlybird Venture Capital and notable Turkish angel investors, enabling it to grow and enhance its service offerings in the real estate market.

Apsiyon

Seed Round in 2016
Apsiyon Bilisim Sistemleri Sanayi ve Ticaret A.S., founded in 2010 and based in Istanbul, Turkey, provides cloud-based internet and software solutions for property management companies. The platform acts as a digital assistant for property managers handling residential and commercial buildings, gated communities, and mixed-use developments. Apsiyon offers a comprehensive suite of services that supports the entire property management business cycle, including bookkeeping, monthly fee payments, staff employment, and commercial agreements. With its tailored solutions, Apsiyon has gained traction in the market, serving nearly 3,000 property managers and over 1.5 million residents as of 2019.

Dolap

Seed Round in 2016
Dolap is an online shopping site where people can buy second hand clothes, shoes, bags, accessories, and other stuff. The items were bought for a while but not used and have never been worn. Dolap offers thousands of products to its followers with a fast and practical shopping experience, secure online payment systems, installment facilities. original product control service and customer service that users can reach 24/7. The main brands of the luxury brand category in the fashion world are Chanel, Christian Dior , Yves Saint Laurent, Prada, Oscar de la Renta, Valentino's favorite brands Zara, Mango , Nike, New Balance , Lacoste , Koton and Bershka.

Vivense

Series B in 2016
Vivense is a Turkish online furniture retailer that connects customers with various furniture manufacturers. The company offers a diverse range of products, including sofas, chairs, tables, beds, and cupboards, through its e-commerce platform and physical showrooms. By providing an extensive selection of interior design products, Vivense enables customers to enhance their living spaces. Additionally, the company supports convenience by allowing clients to order their desired furniture items online and offers free delivery for select products.

Tapu.com

Seed Round in 2016
Tapu.com operates as an online real estate auction platform based in Turkey, having launched in 2015. It is recognized as the first managed real estate marketplace in the country, facilitating the sale of properties through competitive bidding. The platform connects sellers—including financial institutions, construction companies, and individual property owners—with both domestic and international buyers. Tapu.com emphasizes transparency in real estate transactions by providing independent valuation reports and a structured auction process, allowing buyers to determine the sale price based on verified data. Over the years, Tapu.com has secured significant investment from Earlybird Venture Capital and notable Turkish angel investors, enabling it to grow and enhance its service offerings in the real estate market.

Obilet

Series A in 2015
Obilet Bilisim Sistemleri A.S. is an online bus ticket booking platform based in Istanbul, Turkey, and is recognized as the leading service in its market. It simplifies the process of purchasing domestic bus tickets by aggregating offerings from over 150 bus companies across more than 40,000 routes, allowing users to easily compare prices and select the best options. While the platform also facilitates flight bookings, its primary focus remains on intercity bus travel. Founded in April 2012 by Yigit Gurocak and Ali Yilmaz, Obilet started with a small team and a modest ticket sales volume, but has since grown significantly, employing over 160 people. In 2019, the company sold approximately 10 million tickets and recorded over 160 million website visits, with its mobile app recognized as Europe's best travel application by MasterCard. With strong backing from venture capital and a dynamic operational environment, Obilet aims for continued growth, leveraging Turkey's high passenger potential.

Tapu.com

Seed Round in 2015
Tapu.com operates as an online real estate auction platform based in Turkey, having launched in 2015. It is recognized as the first managed real estate marketplace in the country, facilitating the sale of properties through competitive bidding. The platform connects sellers—including financial institutions, construction companies, and individual property owners—with both domestic and international buyers. Tapu.com emphasizes transparency in real estate transactions by providing independent valuation reports and a structured auction process, allowing buyers to determine the sale price based on verified data. Over the years, Tapu.com has secured significant investment from Earlybird Venture Capital and notable Turkish angel investors, enabling it to grow and enhance its service offerings in the real estate market.

Hazelcast

Series B in 2014
Hazelcast, Inc. develops an open source clustering and scalable data distribution platform for Java. The company offers Hazelcast, an in-memory data grid solution that allows its users to share and partition their application data across their clusters; Hazelcast Jet, a stream processing engine that ingests, categorizes, and processes data to support continuous intelligence practices; and Hazelcast Management Center, a web-based tool that enables its users to monitor and manage Hazelcast clusters, check cluster health, track system throughput, and update cluster configurations. Its solutions are used by developers and companies worldwide. The company was founded in 2008 and is based in Palo Alto, California with a research and development office in Istanbul, Turkey.

Metrekare

Venture Round in 2014
Metrekare.com is an online platform that enables real estate buyers, sellers, owners, and renters to complete transactions easily. It was launched in 2013 and is operated from Istanbul, Turkey.

Peak

Series C in 2013
Peak is a prominent mobile gaming company founded in 2010 and based in Istanbul, Turkey. The company specializes in developing engaging mobile games, with two major franchises, Toon Blast and Toy Blast, consistently ranking among the top grossing games in the U.S. iPhone market. These franchises have collectively attracted over 12 million daily active users. Peak is committed to innovation and growth, not only in gaming but also in exploring opportunities within other technology sectors. Additionally, the company focuses on social gaming, particularly targeting emerging markets in Turkey, the Middle East, and North Africa.

Peak

Series B in 2011
Peak is a prominent mobile gaming company founded in 2010 and based in Istanbul, Turkey. The company specializes in developing engaging mobile games, with two major franchises, Toon Blast and Toy Blast, consistently ranking among the top grossing games in the U.S. iPhone market. These franchises have collectively attracted over 12 million daily active users. Peak is committed to innovation and growth, not only in gaming but also in exploring opportunities within other technology sectors. Additionally, the company focuses on social gaming, particularly targeting emerging markets in Turkey, the Middle East, and North Africa.

Peak

Series A in 2011
Peak is a prominent mobile gaming company founded in 2010 and based in Istanbul, Turkey. The company specializes in developing engaging mobile games, with two major franchises, Toon Blast and Toy Blast, consistently ranking among the top grossing games in the U.S. iPhone market. These franchises have collectively attracted over 12 million daily active users. Peak is committed to innovation and growth, not only in gaming but also in exploring opportunities within other technology sectors. Additionally, the company focuses on social gaming, particularly targeting emerging markets in Turkey, the Middle East, and North Africa.

Amaxa

Venture Round in 1998
Amaxa Biosystems GmbH specializes in developing and commercializing gene transfer technologies, notably through its Nucleofector Technology, which facilitates the non-viral transfer of various substrates, including DNA, RNA, and peptides into cells. The company provides a range of products and services, including transfection reagents, antibiotics for combating microbial contamination, and expression vectors for producing fluorescent proteins in mammalian cells. Amaxa's solutions are utilized in primary cell research and are available in multiple countries, including Canada, China, and Japan. Founded in 1998 and headquartered in Cologne, Germany, Amaxa has been a subsidiary of Lonza Group AG since 2008.
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