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Turkey's startup ecosystem shows significant activity, particularly within the financial technology and gaming sectors. The majority of these emerging companies are based in Istanbul and Ankara.
Leading the pack is the fintech firm Midas, which has secured $137M in funding. Other notable companies include gaming studios and payment solution providers that have also attracted substantial investment.
Below is our list of 70 Turkey startups worth keeping an eye on.
Everything you need to raise funding for your startup, including 3,500+ investors, 7 tools, 18 templates and 3 learning resources.
Buy It For $97 $297 →Information about the industries, countries, and cities they generally invest in.
Get the Sheet for $50Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.
Get the Sheet for $50List of startup investors in the BioTech, Health, and Medicine industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50List of 250 startup investors in the AI and Machine Learning industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50List of 250 startup investors in the FinTech and Finance industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50Midas operates a regulated brokerage platform, allowing users to invest in equities, mutual funds, and cryptocurrencies. Their platform is designed to make investing simple, combining diverse asset classes like stocks and crypto within a single, regulated mobile app.
MARS offers a suite of digital financial services built around unique card options and a user rewards program. Their platform provides a modern, mobile-first alternative to traditional banking focused on delivering valuable user perks.
SmartAlpha develops artificial intelligence solutions that integrate with ultrasound imaging equipment. Their software provides clinicians with enhanced image analysis to support more accurate and timely diagnoses.
Scrape.do builds a web scraping API that uses rotating proxies to pull data from any target webpage. Their platform simplifies data collection by handling common obstacles like IP blocks and Javascript rendering, allowing for integration in just a few minutes.
Phemex built a global cryptocurrency exchange for professional and retail traders. The platform is known for its high-performance derivatives trading engine and user-oriented features.
Longi created an active aging club that connects members through community activities and intergenerational learning. Their platform also offers preventive healthcare services designed to support a healthy and engaged lifestyle for older adults.
Good Job Games develops hyper-casual mobile games played by billions of people around the world. The company has built a large portfolio of simple, addictive titles designed for a mass audience.
Sipay develops a suite of payment solutions for businesses and individuals, including digital wallets, point-of-sale systems, and payment links. They specialize in providing the tools for embedded finance, allowing companies to integrate payment services directly into their own platforms.
Bigger Games builds casual mobile games that are played by millions of people around the world. The studio is known for creating popular puzzle titles that are simple to learn and highly engaging.
RS Research develops smart nanomedicines that deliver targeted therapies for complex diseases. Their proprietary Sagitta platform is engineered to make treatments more effective while reducing side effects on healthy tissues.
Our top ten picks offer a glimpse into the country's growing startup scene, but the story doesn't end there. Founders across Turkey are building new companies and finding creative ways to solve problems.
Many of the most exciting new companies are in gaming and AI, and together they have raised over $4 billion in funding. Here is a look at the other startups that are shaping Turkey's future.
| Startup | Industry | Year Founded | Amount Raised | Last Funding Round |
|---|---|---|---|---|
| AI | 2018 | $2.9M | Venture Round | |
| Enterprise | 2019 | $2.1M | Venture Round | |
| Other | 2020 | $16M | Seed | |
| Gaming | 2024 | $33M | Series A | |
| Media | 2017 | $5.6M | Seed | |
| Infrastructure | 2021 | $25.4M | Series A | |
| Media | 2015 | $975M | Series E | |
| Gaming | 2023 | $12.3M | Corporate Round | |
| Retail | 2009 | $1.9B | Private Equity | |
| Hardware | 1955 | €475M | Debt Financing | |
| Enterprise | 2016 | $25M | Series B | |
| Food | 2021 | $535k | Seed | |
| AgTech | 2017 | $10.2M | Venture Round | |
| Fintech | 2013 | €50M | Series A | |
| Analytics | 2012 | $1M | Grant | |
| Gaming | 2024 | $7.3M | Seed | |
| Analytics | 2014 | $13.1M | Venture Round | |
| SaaS | 2023 | $4.5M | Seed | |
| Media | 2022 | $5.5M | Seed | |
| Energy | 1988 | €152M | Debt Financing | |
| AI | 2022 | $13.3M | Venture Round | |
| Infrastructure | 2018 | $99k | Seed | |
| Retail | 2012 | $19.3M | Series B | |
| Analytics | 2020 | $500k | Seed | |
| Logistics | 2016 | $10.5M | Venture Round | |
| Gaming | 2021 | $4M | Seed | |
| Crypto | 2020 | $17.4M | Seed | |
| Marketing | 2018 | $3.1M | Seed | |
| Fashion | 2011 | $45.5M | Venture Round | |
| Gaming | 2023 | $9M | Venture Round | |
| Analytics | 2019 | $3.8M | Seed | |
| SaaS | 2020 | $143.9k | Seed | |
| Marketplace | 2017 | $4.1M | Equity Crowdfunding | |
| Fintech | 2019 | $21M | Seed | |
| Mobility | 2017 | $7.7M | Venture Round | |
| Fintech | 2015 | $2M | Seed | |
| Mobility | 2022 | $500k | Seed | |
| AgTech | 2017 | $14.4M | Series A | |
| AI | 2023 | $1.3M | Pre-Seed | |
| Energy | 2012 | $12.5M | Corporate Round | |
| Cloud | 2005 | $10M | Private Equity | |
| AI | 2019 | $1.6M | Seed | |
| Marketing | 2021 | $26M | Seed | |
| SaaS | 2022 | $300k | Seed | |
| AI | 2025 | — | Pre-Seed | |
| Food | 2020 | $4.1M | Seed | |
| Enterprise | 2022 | $2M | Seed | |
| Media | 2012 | $10M | Angel | |
| Enterprise | 2019 | $8.5M | Seed | |
| AI | 2022 | $2M | Seed | |
| Infrastructure | 2020 | $1.5M | Seed | |
| Media | 2019 | $21M | Seed | |
| Infrastructure | 2019 | $3.5M | Seed | |
| Enterprise | 2020 | TRY30.5M | Secondary Market | |
| Infrastructure | 2010 | $5.3M | Convertible Note | |
| Other | 1973 | $30.5M | Debt Financing | |
| Marketing | 2022 | TRY12.5M | Venture Round | |
| Biotech | 2019 | $4.9M | Seed | |
| Education | 2024 | $350k | Seed | |
| Energy | 2018 | $1.8M | Series A |
