# Top 20 Medical Device VC (Venture Capital) Funds in Turkey in May 2026

## Diffusion Capital Partners
- Type: VC Fund
- Location: Istanbul, Istanbul, Turkey
- Relevant deals: 6
- Stages: Seed, Series A
- Focus: Software, Information Technology, Biotechnology

Diffusion Capital Partners (DCP) is Turkey's leading Venture Capital fund manager with a focus on deep-tech opportunities.

## Tarvenn Ventures
- Type: VC Fund
- Location: Istanbul, Istanbul, Turkey
- Relevant deals: 2
- Stages: Seed, Pre-Seed, Series A
- Focus: E-Commerce, Software, SaaS

Tarvenn is an Istanbul-based international investment and advisory firm. Tarvenn has an exceptional knowledge and experience in Turkey, Balkans, Central Asia, North Africa and CIS regions.
We build the future with our portfolio, international experience, corporate customers and strategic alliances.
Our business is to build yours…

## Eczacıbasi Momentum
- Type: VC Fund
- Relevant deals: 2
- Stages: Series A, Seed
- Focus: Information Technology, Biotechnology, Financial Services

Eczacıbaşı Momentum invested in three venture companies and a venture capital fund; Their goal is to invest US$30 million over the next five years as they continue to partner with funds
and startups that shape the new normal of modern life, focusing on well-being, consumption, and home-living.

## TT Ventures
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Information Technology, EdTech

Corporate venture capital arm of Turk Telekom

## Technology & Innovation Fund
- Type: VC Fund
- Location: Jersey, Arkansas, United States
- Relevant deals: 1
- Stages: Seed
- Focus: Baby, SaaS, Mobile

Technology & Innovation Fund was added in 2013.

## Ak Portfoy
- Type: VC Fund
- Location: Besiktas, Istanbul, Turkey
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: Information Technology, Software, Medical Device

Ak Portfoy is an investment management company that offers services to its customers in mutual funds management, pension funds management.

## Techmine
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed
- Focus: Baby, Medical, Biotechnology

Techmine is an Investment firm.

## TÜBİTAK
- Type: VC Fund
- Location: Ankara, Ankara, Turkey
- Relevant deals: 1
- Stages: Grant, Pre-Seed, Seed
- Focus: Software, Artificial Intelligence, Health Care

The Scientific and Technological Research Council of Turkey (TÜBİTAK) is the leading agency for management, funding and conduct of research in Turkey. It was established in 1963 with a mission to advance science and technology, conduct research and support Turkish researchers. The Council is an autonomous institution and is governed by a ScientificBoard whose members are selected from prominent scholars from universities, industry and research institutions. TÜBİTAK is responsible for promoting, developing, organizing, conducting and coordinating research and development in line with national targets and priorities. TÜBİTAK acts as an advisory agency to the Turkish Government on science and research issues, and is the secretariat of the Supreme Council for Science and Technology (SCST), the highest S&T policy making body in Turkey.

## twozero Ventures
- Type: VC Fund
- Location: Istanbul, Istanbul, Turkey
- Relevant deals: 1
- Stages: Seed, Series A, Pre-Seed
- Focus: Internet, Media and Entertainment, Software

twozero Ventures provides venture investing to technology-driven and disruptive startups in sports, media, and entertainment.

## GirişimTürk
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: E-Commerce, Wedding, Transportation

Investment Company

## TechOne VC
- Type: VC Fund
- Location: Istanbul, Istanbul, Turkey
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Software, SaaS, Information Technology

TechOne VC is a venture capital firm. It invests in innovative tech startups founded by visionary entrepreneurs solving global problems, to deliver superior returns for our investors.

## Teknoloji Yatirim
- Type: VC Fund
- Location: Ankara, Ankara, Turkey
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Health Care, Baby, Fitness

Teknoloji Yatirim is a early-stage technology venture capital & private equity firm.

## TRANGELS
- Type: VC Fund
- Location: Istanbul, Istanbul, Turkey
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Angel
- Focus: Biotechnology, Energy, Manufacturing

Early Stage Investment Fund and Network

## ACT Venture Partners
- Type: VC Fund
- Location: Amsterdam, Noord-Holland, The Netherlands
- Relevant deals: 1
- Stages: Seed, Convertible Note, Series A
- Focus: Artificial Intelligence, Software, Manufacturing

Early stage deep tech investor

## Nexus Venture Partners
- Type: VC Fund
- Location: Menlo Park, California, United States
- Relevant deals: 1
- Stages: Series A, Seed, Series B
- Focus: Software, Information Technology, SaaS

Nexus Venture Partners is a venture capital firm established by ex-entrepreneurs in enterprise technology and consumer internet. The firm was founded in 2006 and is headquartered in Menlo Park, California, United States.

## Istanbul Startup Angels
- Type: VC Fund
- Location: Istanbul, Istanbul, Turkey
- Relevant deals: 1
- Stages: Angel, Seed
- Focus: SaaS, Mobile Apps, Digital Entertainment

Istanbul Startup Angels is Turkey’s most active angel investment network with a focus on innovative and fast growing technology startups. Currently in the process of building a micro VC and starting Turkey’s first crowdfunding platform, ISA also partners with corporations to find the most promising and suitable startups for them, by running sectorfocused accelerator programs.

## İTÜNOVA
- Type: VC Fund
- Location: Istanbul, Istanbul, Turkey
- Relevant deals: 1
- Stages: Seed
- Focus: Biotechnology, Medical Device

İTÜNOVA Technology Transfer Office (TTO) offers academic studies and new technologies developed in Istanbul Technical University (ITU) to the benefit of the industry to meet their and help with the development of Turkey by adding value.

## StartupFon
- Type: VC Fund
- Location: Istanbul, Istanbul, Turkey
- Relevant deals: 1
- Stages: Seed, Angel, Pre-Seed
- Focus: Artificial Intelligence, E-Commerce, SaaS

StartupFon is the first and leading equity-based online investment platform based in Turkey and has been founded to capitalize technology-based ventures with qualified angel investors and its own venture capital fund, namely the AngelFund. Startupfon gives their members the opportunity to invest in seed / early-stage technology startups eitherthrough its venture capital AngelFund or co-invest with it independently. As a tool under Startupfon, AngelFund is a micro VC of around USD10 mn. Investors can make investments either on a deal by deal basis or they can allocate some of their budgets to AngelFund to let Startupfon invest on behalf of themselves. Startupfon has been founded by Istanbul Startup Angels (“ISA”) as its online investment platform in 2016. ISA is a leading angel investor platform accredited in 2014 discovering ambitious startups in their early-stage while mentoring them in the process. ISA also organizes angel investor academies for high net worth individuals and accelerator programs for corporates.
ISA performs with 4.3x TVPI on a total of TL 10 mn investments in 27 ventures as of March 2019.

## Nexus Ventures
- Type: VC Fund
- Location: Ankara, Ankara, Turkey
- Relevant deals: 1
- Stages: Seed, Angel, Series A
- Focus: Software, Internet, SaaS

Nexus Ventures is an investment firm that invests in transformational businesses and creates meaningful partnerships with entrepreneurs. They support these ventures through its mentorship, business and technical know-how, vast network, and capital. The firm was founded in 2002 and is headquartered in Ankara, Turkey.

## Turkey Development Fund
- Type: VC Fund
- Location: Umraniye, Istanbul, Turkey
- Relevant deals: 1
- Stages: Series A, Seed
- Focus: Software, SaaS, Google

Turkey Development Fund aims to develop the enterprise ecosystem by investing in new generation startups.

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