Tupras
Tupras, established in 1965, is a leading Turkish energy company specializing in crude oil refining and petrochemical production. It operates refineries both domestically and internationally, producing a wide range of petroleum products such as liquefied petroleum gas, fuel oil, bitumen, and waxes. Tupras engages in the import, export, storage, marketing, and distribution of these products, primarily within Turkey, through a network of wholesalers and retailers. The company also invests in energy transition and sustainability initiatives through its venture capital arm, Tupras Ventures, founded in 2022.
Past deals in Turkey
iongenics
Seed Round in 2022
Iongenics, established in 2020, specializes in the development and manufacturing of energy-efficient, safe, and modular systems for green hydrogen generation. Utilizing proprietary catalyst technology in PEM electrolyzers, their systems cater to diverse applications like power generation, metal processing, energy storage, and fuel cells. Backed by TÜBİTAK and co-founded by experts in electrochemical systems and hydrogen, Asst. Prof. Erdal Uzunlar and Prof. Can Erkey, iongenics is based at Technopark İzmir in Urla, Turkey.
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