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Top 17 Venture Capital Firms in Turkey (2026)

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Turkey's startup scene is getting more attention, and for good reason. Firms like the Turkey Development Fund have backed over 150 companies, showing a real commitment to new ventures.

Other players like 212 and RePie Asset Management have each made over 60 investments, focusing on everything from SaaS to deep tech. Finding the right investor can be tough, so we've gathered the most active and interesting firms to help you get started.

Below is our list of the best 17 VC firms in Turkey.

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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.

HeadquartersIstanbul, Istanbul, Turkey
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 operates as an early-stage fund manager, backing deep-tech startups that are building the future with progressive science and technology. They focus on interdisciplinary projects to find capital-efficient innovations occurring at the nexus of different technology domains.

HeadquartersIstanbul, Istanbul, Turkey
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 backs early-stage B2B tech startups from Turkey, Central, and Eastern Europe that are built for a global audience. With a hands-on approach, the firm works directly with founders to help them scale their operations and expand internationally.

HeadquartersSisli, Istanbul, Turkey
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

Turkey Development Fund focuses on building the nation's enterprise ecosystem by investing in early-stage startups. They operate as a development fund, channeling capital into a large number of ventures through direct investments and private equity.

HeadquartersUmraniye, Istanbul, Turkey
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.

HeadquartersIstanbul, Istanbul, Turkey
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 backs early-stage gaming startups, providing the seed capital needed to build and launch new titles. They focus exclusively on the gaming industry, helping founders turn their creative concepts into playable realities.

HeadquartersIstanbul, Istanbul, Turkey
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

Nexus Ventures partners with entrepreneurs to build transformational businesses across all funding stages, from seed to late-stage rounds. Beyond just capital, they provide hands-on support through mentorship and access to their business and technical network.

HeadquartersAnkara, Ankara, Turkey
Year Founded2015
FoundersBurak ORUCU
Investment StageEarly Stage, Late Stage, Seed
Nº of Investments22 (4 as Lead Investor)
Nº of Exits1
Contactinfo@nexus.ventures

StartupFon connects angel investors with early-stage technology ventures through Turkey's first equity-based online investment platform. Members can invest directly in startups or through the firm's micro-VC, AngelFund, creating a dual path for capitalizing on new tech.

HeadquartersÜsküdar, Istanbul, Turkey
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 invests in early-stage and seed companies, taking a founder-centric approach to building businesses from the ground up. As a frequent lead investor, the firm takes an active role in guiding its portfolio companies from the earliest stages of development.

HeadquartersSisli, Istanbul, Turkey
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 fund for the Eczacıbaşı Group, they invest in startups across wellbeing, consumption, and home-living that are shaping modern life. Beyond capital, they provide companies with strategic access to the parent group's deep industry knowledge and business connections.

HeadquartersIstanbul, Istanbul, Turkey
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

7 Additional Turkey VC Firms Worth Pitching

Our top picks are a great place to start, but they aren't the only VCs funding founders in Turkey. The next group of firms have collectively backed over 240 startups and seen more than 20 successful exits.

This variety of investors creates more opportunities for founders across different sectors. Here are the other venture capital firms funding what's next in Turkey.

VC FirmYear FoundedNº InvestmentsNº Exits
Aslanoba Capital logo Aslanoba Capital201310316
Finberg logo Finberg2018523
Teknoloji Yatirim logo Teknoloji Yatirim2006282
Idacapital logo Idacapital2013202
QNBEYOND Ventures logo QNBEYOND Ventures2019201
Omurga Capital logo Omurga Capital20156
Heaventures logo Heaventures202111

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