Top 15 Venture Capital Firms in Istanbul (2026)

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

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.

2. Diffusion Capital Partners

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.

3. ScaleX Ventures

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.

4. Turkey Development Fund

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.

5. RePie Asset Management

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.

6. WePlay Ventures

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.

7. StartupFon

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.

8. Founder One

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.

9. Eczacıbaşı Momentum

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.

10. Aslanoba Capital

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.

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 Firm	Year Founded	Nº Investments	Nº Exits
Finberg	2018	52	3
Idacapital	2013	20	2
QNBEYOND Ventures	2019	20	1
Omurga Capital	2015	6	—
Heaventures	2021	11	—