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The Founder's Handbook
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The Perfect Pitch Deck
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This free sheet contains 100 VC firms, with information about the countries, cities, stages, and industries they invest in, as well as their contact details.

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100 Top Unicorns

Top 15 Venture Capital Firms in Istanbul (2026)

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Istanbul's startup scene is growing, and its venture capital firms are keeping pace. Many are actively funding new companies, showing a strong belief in local entrepreneurs.

Firms like the Turkey Development Fund have backed over 150 companies, and veterans like Aslanoba Capital have seen more than 15 exits. Finding the right partner for your own venture is the next step.

Below is our list of the best 15 VC firms in Istanbul.

Failory's Top 10 Picks

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1. 212

212 invests in growth-stage B2B tech companies across Turkey, CEE, and MENA that are ready to scale internationally. Their "test local, go global" philosophy guides their hands-on mentorship, supporting portfolio companies like Bolt as they expand beyond their initial markets.

Year Founded2011
FoundersAli Karabey, Numan Numan
Total Funding€80M
IndustriesSaaS, Marketplace, IoT, Climate & Sustainability, DTC
Investment StageConvertible Note, Early Stage, Late Stage, Seed
Nº of Investments60 (25 as Lead Investor)
Nº of Exits4 (1 IPO'd)
Top Portfolio StartupsBolt, Avatao, Chooch AI
Contactinfo@212.vc

Diffusion Capital Partners provides early-stage funding to deep-tech startups rooted in progressive science and technology. They focus on interdisciplinary projects, aiming to commercialize innovations that emerge at the intersection of different technology domains.

Year Founded2015
FoundersAlper Karagoz, Altan Kucukcinar, Entekno Materials, Haluk Zontul
Investment StageEarly Stage, Seed
Nº of Investments51 (30 as Lead Investor)
Nº of Exits3
Contactcontact@dcp.vc / +90 212 276 16 62

ScaleX Ventures partners with early-stage startups that have global ambitions from day one, helping them scale internationally. They focus on sectors like SaaS, deep tech, and AI, providing both the capital and hands-on support for founders to expand their businesses worldwide.

Year Founded2016
FoundersDilek Dayinlarli
Total Funding€35M
Average Check Size€2M
IndustriesSaaS, Deep Tech & Hard Science, Developer Tools, AI & ML, Enterprise
Investment StageEarly Stage, Seed, Series A
Nº of Investments27 (8 as Lead Investor)
Nº of Exits5 (1 IPO'd)
Top Portfolio StartupsAltogic, Hipporello, Invidyo
Contactcontact@scalexventures.com

Established by the Development and Investment Bank of Turkey, the Turkey Development Fund invests in both venture capital funds and directly into early-stage startups. This dual approach aims to build out the country's entire enterprise ecosystem by supporting new generation technology companies.

Year Founded2019
Founders
Investment StageEarly Stage, Private Equity
Nº of Investments155 (108 as Lead Investor)
Nº of Exits
Contactinfo-tkf@kalkinma.com.tr / (+90) 216 6368984

As Turkey's first authorized alternative asset management company, Re-Pie provides funding opportunities across a wide range of asset classes to grow the country's capital markets. They support startups from seed to private equity stages, with a diverse portfolio that includes successful companies like Getir.

Year Founded2014
FoundersCaner Bingöl, Dr. M. Emre Çamlıbel, Mehmet Ali Ergin
Investment StageEarly Stage, Private Equity, Seed
Nº of Investments62 (25 as Lead Investor)
Nº of Exits5 (1 IPO'd)
Contactinfo@re-pie.com / +90-212-286-30-52

WePlay Ventures exclusively funds early-stage gaming startups across Turkey, Central Asia, and Eastern Europe. They provide both the capital and strategic guidance needed to help new studios scale for a global audience.

Year Founded2020
Founders
Investment StageEarly Stage, Seed
Nº of Investments24 (9 as Lead Investor)
Nº of Exits2
Contactplay@weplayventures.com / +90 216 573 73 37

As Turkey's first equity-based online investment platform, StartupFon capitalizes early-stage technology ventures by connecting them with angel investors. They offer a flexible model where members can co-invest in deals directly or put capital into the firm's own micro-VC, AngelFund.

Year Founded2016
FoundersBatu Balkır, Burcu Bekdash, Emrah Rich, Emre Birol, Eray Yuksek, Gülsüm Çıracı, Levent Şahiner
Investment StageEarly Stage
Nº of Investments32 (6 as Lead Investor)
Nº of Exits
Contactinfo@startupfon.com

Founder One backs early-stage technology startups in Turkey and Eastern Europe, providing both capital and hands-on support. Its team of experienced entrepreneurs offers mentorship and network access to help portfolio companies grow.

Year Founded2022
FoundersEren Yasarkurt, Kivanc Emiroglu
Investment StageEarly Stage, Seed
Nº of Investments31 (17 as Lead Investor)
Nº of Exits
Contactinfo@founderone.com

As the corporate venture capital arm of the Eczacıbaşı Group, Eczacıbaşı Momentum invests in startups focused on wellbeing, consumption, and home-living. The fund supports companies with an international perspective by providing capital and strategic access to the parent group's knowledge and business network.

Year Founded2019
FoundersNejat Eczacıbaşı
Investment StageEarly Stage, Late Stage
Nº of Investments15 (5 as Lead Investor)
Nº of Exits1 (1 IPO'd)
Contactcagdas.aygun@eczacibasi.com.tr

Aslanoba Capital backs early-stage tech startups across Turkey and the United States with investments ranging from $250,000 to $2 million. The firm seeks out disruptive ideas in sectors including marketplaces, e-commerce, mobile, and SaaS.

Year Founded2013
FoundersCankut Durgun, Hasan Aslanoba
Investment StageConvertible Note, Early Stage, Late Stage, Seed
Nº of Investments103 (15 as Lead Investor)
Nº of Exits16 (2 IPO'd)
Contactcontact@aslanobacapital.com / (021) 669-2128

5 Additional Istanbul VC Firms Worth Pitching

The firms we've highlighted are just the beginning. Combined, the next group of VCs have made over 100 investments into local startups. Many of these are newer funds, already helping their portfolio companies find their footing. Here’s a look at the other venture capital firms funding what's next in Istanbul.

VC FirmYear FoundedNº InvestmentsNº Exits
Finberg logo Finberg2018523
Idacapital logo Idacapital2013202
QNBEYOND Ventures logo QNBEYOND Ventures2019201
Omurga Capital logo Omurga Capital20156
Heaventures logo Heaventures202111

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