Turkey Development Fund is an economic development agency based in Istanbul, established in 2019. It aims to advance Turkey’s sustainable development by investing in companies and funds that support strategic sectors and cultivate the early-stage venture capital ecosystem, including through sub-funds. The organization seeks to develop the enterprise landscape by backing new generation startups. Assets are managed by a board of directors.

APY Ventures is an Istanbul-based venture capital firm that serves as the venture capital arm of a Turkish asset management company. It concentrates on accelerating the growth of high-potential, early-stage technology startups by providing capital and strategic support. The firm manages a suite of venture funds with varied investment theses, enabling tailored backing across sectors and stages. Through its portfolio, APY Ventures seeks to advance Turkey’s technology ecosystem, pursuing opportunities in areas such as fintech and software, and engages with partners to support founders from seed to growth phases.

Revo Capital is a venture capital firm founded in 2013 and headquartered in Istanbul, with offices in Tallinn and Amsterdam. It pursues seed through growth-stage investments in technology companies across Turkey, Eastern Europe, and the Baltics, spanning B2B and B2C sectors such as AI, fintech, cloud, SaaS, healthtech, cybersecurity, marketing tech, big data, and energy. The firm takes a hands-on approach to portfolio support through its growth platform and active partnerships with ecosystem players. Notable investments include Getir, PayCore, Massive Bio, and V-Count. Revo Capital collaborates with international anchor investors such as IFC, EBRD, EIF, and DEG, and works with partners like the Microsoft Investor Network to provide portfolio benefits. The firm focuses on helping entrepreneurs in emerging markets scale their technology ventures and expand regionally.

Inveo Ventures is a venture capital firm based in Istanbul, Turkey, that provides early-stage funding and strategic support to technology startups. The firm invests from seed to Series A and in bridge rounds, aiming to help founders build scalable businesses with global potential. It focuses on Fintech, AI/ML, and Cloud & Security, seeking ventures that can scale internationally. Beyond capital, Inveo Ventures offers strategic guidance, industry connections, and operational assistance to accelerate growth and market entry. By strengthening the Turkish entrepreneurial ecosystem, the firm positions portfolio companies to compete on a global stage while contributing to Turkey's innovation power. The approach combines capital, knowledge, and networks to enable startups to develop winning business models and pursue international success.

212 is a Luxembourg-based venture capital firm focused on backing early- and growth-stage B2B technology companies across Turkey, Central and Eastern Europe, and the Middle East. It targets startups with demonstrated traction and product-market fit and supports them through mentoring and strategic guidance to help scale internationally. The firm leverages a global network to connect portfolio companies with opportunities and resources, aiming to create value through data-driven, scalable business models in innovative sectors.

Founder One is an impact-focused venture platform based in Istanbul, Turkey, that invests in early-stage technology startups addressing global challenges. The firm supports portfolio companies with strategic guidance and a network of experienced entrepreneurs to help them scale and achieve measurable social and financial impact, pursues idea and seed-stage opportunities, and aims to align returns with positive outcomes. Founded in 2022, Founder One operates across Europe and Emerging Markets, bridging overlooked markets with capital and prioritizing long-term resilience and mission alignment in its portfolio.

Bek Ventures is a global venture capital firm that supports a selective group of early-stage founders from their earliest days to global scale with hands-on, founder-focused guidance. With offices in London, New York, Luxembourg and Istanbul, the firm emphasizes focus and disciplined investing, backing tech startups with global ambitions and providing company-building frameworks and role-based guidance. Its portfolio includes multi-billion-dollar successes such as UiPath, Payhawk and Peak, and it has been recognized as a top-performing VC globally since 2010 by HEC-Dow Jones.

Aslanoba Capital is an early-stage venture capital firm based in Istanbul, Turkey, that invests in tech startups in Turkey and the United States. It targets disruptive ideas across marketplaces, e-commerce, mobile, classifieds, content, and SaaS, with typical investment sizes ranging from $0.25 million to $2 million. Founded in 2013, the firm supports early-stage ventures across regional and cross-border opportunities.

Arya Ventures is a venture capital firm headquartered in Istanbul, Turkey, founded in 2022. It pursues early-stage and Series A investments in startups across femtech, mobility, life sciences, fintech, blockchain, and technology, with a focus on companies based in Turkey and the broader Middle East. The firm originated from a partnership between Arya Women Investment Platform and İşbank and is oriented toward supporting gender-balanced startups within Turkey’s ecosystem.

Collective Spark is a venture capital firm focused on early-stage technology ventures. Headquartered in Istanbul, Turkey, with an additional office in Los Angeles, the firm backs driven entrepreneurs at pre-seed, seed, and Series A stages, providing operational support across product and technology, growth and marketing, strategy, recruitment, and finance. Typical investments range from $500,000 to $1 million, potentially up to $5 million per startup. The firm takes a category-agnostic approach while supporting fintech, marketplaces, SaaS/enterprise, gaming, and ML/AI portfolio companies. It emphasizes a long-term partnership and offers access to specialized talent and hands-on resources to help portfolio companies scale.

Established in 2021, Tamer Capital is a venture builder based in Istanbul, Turkey. It supports entrepreneurs by providing finance, business development, branding, and marketing services, enabling them to focus on their operational businesses while aiming for global success.

Eksim Ventures is a technology-focused investment firm and accelerator based in Istanbul, Turkey. Founded in 2021 by Eksim Holding, the company partners with early-stage to growth-stage startups in sectors including blockchain, artificial intelligence, machine learning, deep tech, energy, fintech, health, biotechnology, defense, and food tech. It combines capital with hands-on support through incubation, acceleration programs and a broad network, helping portfolio companies scale globally and pursue strategic industry synergies. The firm emphasizes environmental sustainability and actively invests in renewable energy initiatives in Turkey, aiming to deliver sustainable returns while enabling real-world applications. Its approach blends fund-like financing with strategic mentorship, market insights and cross-sector connections to back technology-driven business models, seeking long-term value for founders and partners.

Esor Investments is a venture capital firm based in Frankfurt, Germany. It funds and supports early-stage technology companies across sectors including e-commerce, banking, logistics, farming solutions, artificial intelligence, information technology, telecommunications, and software development. The firm focuses on future-oriented technologies and complements capital with strategic development, software assistance, and guidance on legal and financial matters to help portfolio companies grow from local operations into global technology leaders. Esor Investments pursues long-term partnerships across Europe, Türkiye, and Kenya, leveraging its experienced team to accelerate growth and scale innovative businesses.

AccessTurkey Capital Group is an Istanbul-based private equity firm focused on growth-oriented and mid-market investments across financial services, industrials, manufacturing, technology and transportation. Founded around 1999–2000, it pursues growth equity, recapitalizations, consolidation platforms, leveraged buyouts and corporate spin-offs in Turkey and, according to some sources, internationally in the United States and Europe. The group typically takes lead roles and board seats to work with management and owners in closely held or transitioning businesses, aiming to build value through strategic partnerships and operational improvements. It operates through subsidiaries including AccessTurkey Private Equity and AccessTurkey Real Estate, with iLab Ventures as part of its affiliates, and maintains a presence in Istanbul to oversee its portfolio across its markets.

Oxtech Ventures is a venture capital firm based in Oxford, United Kingdom, founded in 2023. It invests in early-stage growth technology companies with a focus on sustainability-driven startups that can achieve global impact. The firm combines capital investment with international acceleration programs delivered by partners such as Oxentia in the United Kingdom and Neohub in Turkey to de-risk investments and support portfolio companies. It operates on a Beyond VC approach, leveraging strategic partnerships to enable international growth. Startups may participate in a tailored acceleration program called TRUK before receiving investment from Oxtech Ventures and its partners. The firm has a team of managing partners and an investment committee to guide decisions, aiming to foster lasting change through its investments.

iLab Ventures is a venture capital firm based in Istanbul, Turkey, founded in 2000 as the venture arm of AccessTurkey Capital Group. It pursues early-stage to growth-stage investments in technology-oriented sectors and targets Turkish companies with high growth potential. The firm backs opportunities in internet, digital media, technology-enabled services, consumer services, software development, and related industries. Typical investment sizes range from $0.25 million to $10 million, with the ability to take minority or majority stakes depending on the opportunity. As the venture arm of its parent group, iLab Ventures leverages the resources and network of AccessTurkey Capital Group to support portfolio companies through growth and scaling phases.

Simya is a Istanbul-based venture capital firm and early-stage accelerator focused on scaling B2B technology startups for international growth. Founded in 2022, it provides investment capital, mentorship, and network access to early-stage ventures, leveraging a global mentor network and partnerships to support cross-border expansion. The firm aims to combine funding with hands-on guidance and professional portfolio management to help portfolio companies reach global markets across AI, IoT, fintech, agtech, and industrial sectors. It collaborates with established programs to accelerate international scale and maintains connections with corporate supporters to enhance enterprise traction, operating from Istanbul to enable global market access for its startups.

Hummingbird Ventures is a global early-stage venture capital firm that backs outlier founders building generational tech companies. It operates from offices in London, Ghent, Antwerp, and Istanbul and backs startups across sectors including fintech, biotech, AI, blockchain, gaming, deep tech, healthcare, SaaS, hardware and marketplaces. The firm typically engages at late seed to Series A stages and provides patient capital, strategic guidance, and access to an extensive global network, with a focus on entrepreneur autonomy and long-term support rather than rigid mandates. Its portfolio includes Kraken, Deliveroo, Peak Games, Showpad, BillionToOne, Lovable and Etched, among others, illustrating a breadth of disrupted industries and geographies. By partnering with extraordinary founders, Hummingbird emphasizes fast execution and non-linear journeys, aiming to accelerate growth while preserving founder leverage.

Diffusion Capital Partners is a venture capital firm based in Istanbul, Turkey, that backs early-stage technology-driven startups and deep-tech ventures. It focuses on Seed and Series A rounds, often taking a lead role but also participating in syndicates, with typical commitments ranging from 0.25 million to 4.5 million euros. The firm emphasizes capital-efficient projects across cross-disciplinary tech sectors, including biotechnology, green-tech, agri-tech, life sciences, materials and nanotechnology, information technology, robotics and mechatronics. Its investment approach concentrates on technology-intensive ventures with strong intellectual property, and it targets startups across Turkey, with special attention to emerging regions within the country. The team values scientific and technical expertise to identify innovations at the nexus of multiple domains and aims to support teams building the future through science and technology.

Yapay Zeka Fabrikasi is a corporate venture capital arm based in Istanbul, founded in 2023, that operates as a program focused on cooperation and investment with Turkish artificial intelligence initiatives, offering support for growth and international success and prioritizing investments in artificial intelligence and machine learning companies.

Teknoloji Yatirim is an early-stage venture capital and private equity firm based in Ankara, Turkey, founded in 2005. The firm specializes in investing in technology companies, focusing on innovative startups that have the potential for significant growth. Its investment strategy aims to support and nurture emerging technologies, contributing to the development of the technology landscape in Turkey and beyond.

Caucasus Ventures is a venture capital firm based in Baku, Azerbaijan, founded in 2022. It invests in technology startups across the Caucasus, Turkey, Eastern Europe, and Central Asia and provides financial support and resources to help portfolio companies grow and scale.

Boğaziçi Ventures is an Istanbul-based venture capital firm founded in 2015 that invests in technology companies across early and growth stages. The firm emphasizes areas such as artificial intelligence, robotics, space technologies, and cloud computing, and provides active support through mentorship and hands-on involvement to help portfolio companies grow internationally. It maintains an ecosystem of research and educational resources and a broad investor network to inform decisions, and has backed numerous startups with a focus on guiding entrepreneurs toward global expansion while aligning investments with digital transformation and sustainable development goals.

Ludus Ventures is a venture capital firm founded in 2021 in Istanbul, Turkey. It focuses on gaming and related technology sectors, including mobile, adtech, and gametech, with an international reach beyond Turkey. The firm supports startups through a venture studio approach, offering in-house expertise, strategic guidance, and funding to founders, and aims to nurture and accelerate growth for gaming ventures by leveraging industry knowledge and networks.

Techmine Gsyo is a venture capital firm based in Istanbul, Turkey, founded in 2021. The firm invests in technology startups across sectors including fintech, deep tech, health tech, digital transformation, e-commerce, gaming, metaverse, and artificial intelligence, pursuing opportunities across a broad range of technology industries.

BECO Capital is a Dubai-based venture capital firm established in 2012 that backs seed- and early-stage technology startups in the Gulf region, with a focus on the Middle East and North Africa. It pursues a thesis-driven, sector-agnostic approach, seeking companies with potential for regional and international growth. The firm provides more than funding, assisting founders with business development and access to debt and equity financing, and offers hands-on operational mentorship to its portfolio companies. BECO Capital concentrates on mobile, internet of things, software as a service, and other technology sectors, and supports ventures from inception to growth within the Gulf and wider MENA region.

WePlay Ventures is a gaming-focused venture capital firm founded in 2020 and based in Amsterdam, Netherlands. It invests in early-stage gaming studios across Europe, Central Asia, and Turkey, providing capital up to $300,000 in exchange for equity and supporting portfolio companies through its WePlay HUB acceleration program, a three-month initiative offering resources, workshops, mentorship, and access to a network of industry experts, founders, and investors. The firm uses a smart money approach, acting as a hands-on partner to foster portfolio growth and ecosystem development. With a large portfolio of titles and a notable presence in Turkey, it has been recognized as an active player in the regional gaming scene in 2021 and 2022, continuing to back studios and growing its community of affiliated members.

Established in 2012, Istanbul Startup Angels is Turkey's most active angel investment network, focusing on innovative and fast-growing technology startups. The company partners with corporations to identify promising startups through sector-focused accelerator programs.

Eldorado Gold is a Canadian gold and base metals producer with decades of experience developing and operating mines in Canada, Greece, and Türkiye. The company maintains a balanced portfolio of operating mines and growth projects, including Kisladag, Efemcukuru, Skouries, Perama Hill, and Certej, with activities across Türkiye, Canada, and Greece. It emphasizes safety, environmental responsibility, and engagement with local communities, pursuing sustainable resource development and long-term value creation through responsible operations and ongoing exploration. The Skouries project is advancing toward first concentrate production, reflecting the company’s focus on efficient asset development and a safe, inclusive workplace.

57 Stars is a global independent asset manager specializing in private equity and venture capital investments, focusing on primary and secondary private equity partnerships and co-investments outside the United States, with emphasis on emerging markets. The firm applies a rigorous, analytical approach and a global perspective to identify opportunities across direct investments, funds of funds, and co-investments, serving institutional clients and pursuing responsible investing and long-term growth.

STC Ventures is an independently managed venture capital firm based in Dubai. Backed by the Saudi Telecom Company as anchor investor, it pursues equity investments to help build market-leading technology companies in information technology, telecommunications, and digital media/entertainment. The firm focuses on opportunities in the GCC, wider MENA region and Turkey, and also supports globally oriented ventures seeking access to the MENA market. It aims to empower entrepreneurs to create innovative technology businesses and to foster technology-led growth across regional and international markets.

BF Ventures was a venture capital firm based in Istanbul, Turkey, that invested in fintech, software as a service, gaming, and advanced manufacturing sectors.

ScaleX Ventures is a venture capital firm based in Amsterdam that backs seed and Series A startups across Europe, focusing on SaaS and deep technology. The firm provides more than capital, offering strategic guidance, access to networks, and active involvement in recruitment, investor relations, and customer acquisition to help portfolio companies scale globally from the outset. Guided by founder-operators, ScaleX emphasizes a long-term, hands-on approach and practical, operational support for founders. It prioritizes companies with global ambitions and diverse leadership, and it engages in ecosystem research and knowledge sharing across regions including Turkey and Emerging Europe. The firm aims to partner with exceptional founders to accelerate growth and expand internationally, leveraging its experience to help teams navigate early-stage challenges and capture global markets.

Heaventures is a venture capital firm based in Istanbul, Turkey, founded in 2021. It invests in early-stage startups and provides hands-on support beyond capital, including mentorship, assistance with company formation to exit, and access to its network and expertise. The firm emphasizes a collaborative relationship with portfolio companies, treating them as partners and actively committing time and resources to help entrepreneurs achieve their goals. The team comprises experienced co-founders, and the organization operates from an office in Istanbul.

Grifon Capital is a real estate investment platform headquartered in Istanbul with a global focus. The company integrates private equity, venture capital, and strategic real estate investments to maximize the value of real estate assets. It pursues private equity buyouts to unlock value, invests in early stage proptech startups to transform real estate operations, and identifies underutilized properties in major markets to unlock their potential. The platform combines technology and construction expertise to support portfolio development and value creation, while maintaining a globally oriented approach to engage investors and partners and pursue opportunities in Türkiye and international markets.

Dgpays is a Turkish-based payment technology group led by Dgpara Ödeme ve Elektronik Para Kuruluşu A.Ş., regulated by the Turkish Central Bank under Law No. 6493 to provide electronic money and payment services. The group comprises Dgpara and Dgpays IT as subsidiaries and operates under the Dgpays umbrella, with approvals to offer cloud services through the Topluluk Bulutu initiative. Headquartered in Istanbul with offices in Dubai, Luxembourg and Wilmington, Delaware, it serves banks, e-money institutions, telecom operators and transportation operators worldwide, delivering electronic money, payment services and related IT solutions. Its platform covers mobile wallets, prepaid cards, bill payments, loyalty programs and payment gateway infrastructure, and it provides a fintech hub plus compliance tools such as AML, fraud management and authentication. It maintains memberships with BKM, Visa, Mastercard and PCI SSC, underscoring security and interoperability.

DOMiNO Ventures is a venture capital firm founded in 2021 and headquartered in Amsterdam. It backs founders building high-tech and digital-first companies across AI, deep tech, cleantech, healthtech, fintech, hrtech, edtech, gametech, cybersecurity and life sciences, with a global investment scope that includes Europe and adjacent regions. The firm operates worldwide with offices in Amsterdam, Istanbul and presence in Estonia, Poland, Georgia, Azerbaijan, Kazakhstan and Uzbekistan to support early-stage and growth startups solving contemporary problems.

HubX is a technology hub focused on building and marketing highly scalable mobile apps and games through autonomous in-house studios and centralized departments. It operates as a data-driven organization that emphasizes collaboration to create products with broad reach and impact, having built a portfolio with hundreds of millions of users across many countries. In addition to development, HubX invests in promising startups, offers app acquisition services, and provides marketing support to accelerate global growth. The company has developed proprietary technology, including RevenueX, an in-app purchase tracking engine that has boosted subscription revenue. HubX is expanding its team across engineering, product, marketing, and design to sustain rapid growth and shape the future of mobile app development.

Q Angels is an Istanbul-based alumni-led angel investment network affiliated with Koç University that unites experienced alumni investors to back and mentor technology startups. It provides capital and access to a broad business network, helping ventures grow while offering cross-sector insights and bridging corporate and entrepreneurial ecosystems through a formal governance structure and an advisory board. The organization operates a structured investment process—from application and preliminary interview to Investment Committee review and an Investor Meeting—to prepare founders for engagement with investors. Its focus is on technology startups, leveraging the alumni network to support growth in Istanbul and beyond.

Ottoman Ventures is a Palo Alto-based venture firm and venture intelligence and advisory organization with offices in Istanbul that supports cross-border technology investing between the United States and Turkey. It operates as a venture enabler and management consultancy, collecting and evaluating deal flow, providing ground-truth intelligence, and advising on diligence, deal structuring, and regulatory navigation for seed-to-Series A startups. The firm offers investor briefings, sector deep-dives, curated introductions to Turkish founders, and project-based engagements for US companies exploring market entry. While it does not principally manage a fund, Ottoman Ventures acts as a bridge to Turkey’s growing tech ecosystem, helping US investors access promising startups in areas such as e-commerce, media, mobile, information technology, and telecommunications.

Vera Capital is a private family investment office based in Istanbul, Turkey, founded in 2015. It invests across multiple asset classes, including direct investments in early-stage technology companies, real estate/assets, venture capital funds, and publicly traded markets.

VentureFriends is an early-stage venture capital firm based in Athens, Greece, focused on backing founders building category-defining tech-enabled companies across Europe and the MENA region. It targets pre-seed and seed investments in sectors such as fintech, proptech, marketplaces, SaaS, big data, and enterprise technology, with initial checks typically in the mid hundreds of thousands to a few million euros and capacity for follow-ons. The firm emphasizes conviction over traction and supports portfolio companies as operators, connectors, mentors, and partners, drawing on a founder-friendly philosophy developed by ex-entrepreneurs and angel investors. With a broad geographic footprint and a global network, VentureFriends nurtures its companies through hands-on involvement, aiming to help them scale across Europe, the Middle East, and North Africa.

QuantumLight is a London-based technology-focused investment firm that uses a proprietary AI model called Aleph to identify outlier growth-stage companies. Founded in 2022 by a group of tech unicorn founders, quant traders, AI scientists and engineers, the firm combines venture capital and growth equity and pursues a diversified portfolio across sectors such as fintech, healthcare, security and AI-enabled ventures. It supports portfolio growth with a Scale-up Operating System that provides frameworks for scaling tech businesses and a playbook focused on attracting top talent, drawing on founder-level operating experience. The firm emphasizes data-driven insights to back companies with strong growth trajectories and works with management teams to accelerate scaling rather than view investments solely as capital.

AltaIR Capital is an international venture investment firm based in San Francisco that specializes in early- and growth-stage opportunities across productivity tools, future of work, software as a service, fintech, insurtech, artificial intelligence, and digital health. The firm backs startups with disruptive ideas and high return potential, and has invested in more than 400 companies, including seven unicorns, managing about $600 million in assets. Its portfolio spans key players and promising teams, and the firm has expanded its support through initiatives such as AltaLab, a startup accelerator. AltaIR emphasizes a motivated team, a clear product vision, scalable business models, and large addressable markets as core drivers of startup success.

Spark Capital is a venture capital firm founded in 2005 with offices in San Francisco, Boston, and New York. It invests in early-stage and growth companies across a wide range of sectors, including consumer, software, media, fintech, education technology, and internet services, supporting founders who pursue ambitious ideas and seek product-led strategies. The firm is known for backing prominent companies such as Twitter, Discord, Oculus, Warby Parker, Tumblr, Niantic, and others, reflecting a willingness to back disruptive teams and markets. Spark Capital emphasizes a founder-centric approach, prioritizing listening, product-market fit, independence of thought, and resilience, and aims to help portfolio companies scale on their own terms. By partnering across stages and geographies, the firm seeks to build enduring, value-driving businesses in the United States and beyond.

StartersHub is an early-stage venture capital firm and fund based in Istanbul, Turkey, founded in 2015, investing in technology startups at pre-seed and seed stages across 15 verticals. The firm has made 76 seed investments and 22 follow-ons and maintains active ecosystem engagement, including outreach via its website and newsletter. StartersHub also operates StartersHub XO, a six-month global program with KPI-based objectives that guarantees investment upon program completion, illustrating its hands-on approach to supporting exceptional entrepreneurs.

Portage Ventures is a Toronto-based global fintech-focused venture capital firm that makes early-stage investments in financial technology and related financial services companies with potential for global impact. As part of Portage, a broader investment platform established in 2016, the firm also supports later-stage growth through Portage Capital Solutions. Portage Ventures pursues a thesis-driven investment approach and leverages a global network of investors and experts to drive value creation for portfolio companies. It seeks opportunities worldwide, with a focus on helping Canadian fintechs scale internationally.

Protos Venture Capital is a Warsaw-based venture capital firm founded in 2012 that invests in early-stage internet businesses in Poland, with a focus on SaaS and marketplace models, including mobile SaaS, lead-generation, and e-commerce sectors.

Jabbar Internet Group is a Dubai-based venture capital firm founded in 2009 that concentrates on e-commerce and information technology investments. The firm has a history of building and backing regional tech platforms, with its team having developed the Maktoob portal and later establishing Souq, which was acquired by Amazon in a landmark regional tech transaction. Jabbar continues to support and nurture entrepreneurs and nascent ideas aligned with its mission to advance tech in the region, acting as a catalyst for innovative ventures.

NFX is a San Francisco-based venture capital firm that backs pre-seed and seed-stage startups across software, data, content, bio, gaming, generative AI, and related sectors in the United States, Israel, Latin America, and Europe. The firm pursues a founder-first approach, building early-stage experiences powered by software and sharing techniques for rapid growth and network effects, with an emphasis on helping entrepreneurs bring meaningful innovations to market. NFX provides portfolio companies with a suite of founder-focused tools (Signal for fundraising, Brieflink for sharing decks, and access to the NFX Guild community and Masterclass) designed to streamline the startup journey. With a track record of building companies that have achieved significant exits and operating as a leading early-stage investor, NFX leverages its experience to back ambitious founders and help them scale. The organization has raised multiple early-stage funds and maintains a global scope through its operations and networks.