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Top 25 Retail VC Funds & Investors in Turkey (May 2026)

The most active venture capital funds investing in Turkey Retail startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Turkey Retail startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Aslanoba Capital
VC Fund
5 Turkey, United States, Ireland Seed, Series A, Series B E-Commerce, Internet, Software $150k–$6.6M
Angel Effect
VC Fund
2 Turkey, United States, United Kingdom Seed, Pre-Seed Software, E-Commerce, Mobile $25k–$1.1M
APY Ventures
VC Fund
2 Turkey, United States, United Kingdom Seed, Pre-Seed Software, Artificial Intelligence, FinTech $88k–$2.4M
Inventures
VC Fund
2 Turkey, United States, Spain Seed, Series A, Angel E-Commerce, FinTech, Retail $1.9M–$4.3M
Logo Ventures
VC Fund
2 Turkey, United Kingdom, Nigeria Seed, Series A Software, SaaS, Retail $500k–$11M
Kültepe Investment
VC Fund
2 Turkey, United States Seed, Pre-Seed Software, E-Commerce, SaaS $700k–$2M
Revo Capital
VC Fund
1 Turkey, United States, United Kingdom Seed, Series A Software, Financial Services, Information Technology $250k–$19M
Finberg
VC Fund
1 Turkey, United Kingdom, United States Seed, Corporate Round FinTech, Financial Services, Information Technology $200k–$8M
Sente Ventures
VC Fund
1 United States, Israel, Turkey Pre-Seed, Series B Artificial Intelligence, Machine Learning, Information Technology $50k–$1.5M
BDC Venture Capital
VC Fund
1 Canada, United States, Japan Series A, Seed Software, Information Technology, Internet $392k–$16M
Koc Holding
VC Fund
1 Turkey, United States, United Kingdom Seed, Series A Artificial Intelligence, Analytics, Machine Learning $1M–$1M
Idacapital
VC Fund
1 Turkey, United States, United Kingdom Seed, Pre-Seed Logistics, E-Commerce, Apps $150k–$700k
Relay Ventures
VC Fund
1 United States, Canada, United Kingdom Seed, Series A, Series B Software, Mobile, Apps $1.3M–$31M
EGIAD Angels
VC Fund
1 Turkey, Estonia Seed, Angel Software, E-Commerce, Information Technology $8k–$2.1M
Keiretsu Capital
VC Fund
1 United States, Canada, India Series A, Seed Health Care, Biotechnology, Medical $700k–$5M
Lima Ventures
VC Fund
1 Turkey, Estonia, Germany Seed, Pre-Seed Artificial Intelligence, Software, FinTech $21k–$400k
Techmine Gsyo
VC Fund
1 Turkey Seed Retail, Software, E-Commerce
Inventram
VC Fund
1 Turkey, United States Seed, Series A Retail, Robotics, Analytics $616k–$3.5M
Akis Gayrimenkul Yatirim Ortakligi
VC Fund
1 Turkey Seed, Corporate Round Retail, Shopping, Software
Valar Ventures
VC Fund
1 United States, Germany, United Kingdom Series A, Series B, Seed FinTech, Financial Services, Banking $700k–$75M
Alima Ventures BV
VC Fund
1 Turkey Seed Artificial Intelligence, Retail, Fashion
Albaraka Fintech Fund
VC Fund
1 Turkey Seed, Pre-Seed Information Technology, Software, E-Commerce
StartersHub
VC Fund
1 United States, Turkey, Latvia Seed, Pre-Seed, Convertible Note Software, Artificial Intelligence, Information Technology $20k–$605k
Yildiz Ventures
VC Fund
1 Turkey Seed Retail, Internet, E-Commerce
Rho Canada Ventures
VC Fund
1 Canada, United States, Italy Series A, Series B, Seed Software, Analytics, E-Commerce $750k–$37M
Access all 31 VC funds in Turkey Retail startups.

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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Aslanoba Capital
VC Fund · Istanbul, Istanbul, Turkey · 5 investments in Turkey Retail startups

Aslanoba Capital is an early stage investor in tech startups in Turkey and the US. The company invests in startups pursuing disruptive ideas in areas such as marketplaces, e-commerce, mobile, classifieds, content, and SaaS with a consideration of investment between $0.25 million and $2 million.Aslanoba was founded in 2013 and is based inIstanbul, Turkey.

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Investment focus

  • Industry: E-Commerce, Internet, Software
  • Stage:Seed, Series A, Series B
  • Geography: Turkey, United States, Ireland

Investor stats

  • Total investments: 98
  • Round size: Seed $150k–$2.5M; Series A $350k–$2.5M; Series B $825k–$6.6M
  • Lead/follow: 17% lead, 83% follow
  • Last fund: May invest from a new fund soon — raised $80M in 2015

Portfolio highlights

  • Colendi — Credibility and microcredit platform
  • CARD.com — Fully featured bank account with optional overdraft protection and round up savings account. Get your paycheck up to 2 days earlier.
  • Modacruz — Modacruz is a mobile social marketplace, serving more than 1 million women in Turkey, enabling women to buy and sell pre-owned brand name fashion items. Users can sign up to the platform to either find and purchase products or to sell their own. Modacruz was launched in 2014 and is headquartered in Istanbul
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Angel Effect
VC Fund · Kurucesme, Istanbul, Turkey · 2 investments in Turkey Retail startups

We are a team of successful entrepreneurs, corporate leaders and people who know the impact of creating value together. Together, we invest in high-impact, early-stage companies led by amazing teams with global mindset all over the world.

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Investment focus

  • Industry: Software, E-Commerce, Mobile
  • Stage:Seed, Pre-Seed
  • Geography: Turkey, United States, United Kingdom

Investor stats

  • Total investments: 24
  • Round size: Seed $211k–$1.1M; Pre-Seed $25k–$996k
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • ULive — ULive is a digital fitness platform. With ULive, users can develop physically, mentally and spiritually. Indoor Cycling using UBikes, Yoga, Pilates, Stretch, Dance and bUUt (functional body training) classes, which they can attend live every day and whenever they want, using mobile application.
  • & New Me — Andnewme is a health platform that serves with the motto "only aesthetics". You can get information about aesthetic treatments and find the doctor you are looking for!
  • Njoykidz — njoyKidz was founded in 2021 with the simple idea of creating ad-free and safe game platforms for the kids while they learn. We develop game
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APY Ventures
VC Fund · Istanbul, Istanbul, Turkey · 2 investments in Turkey Retail startups, 26 in the past 12 months

APY Ventures is a venture capital firm focused on early-stage technology startups.

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Investment focus

  • Industry: Software, Artificial Intelligence, FinTech
  • Stage:Seed, Pre-Seed
  • Geography: Turkey, United States, United Kingdom

Investor stats

  • Total investments: 46
  • Round size: Seed $88k–$2.4M; Pre-Seed $100k–$2M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: May invest from a new fund soon — raised $14M in 2021

Portfolio highlights

  • Juphy — Unify social conversations, deliver excellent customer service, and sell via personalized messaging. #1 tool for social selling & support.
  • Poliark — AI for Built Environment
  • Syntonym — Syntonym state-of-the-art artificial intelligence technologies provide customers with seamless anonymization by protecting visual data values within the high standards. Syntonym applications use a cloud-native approach to provide customers with seamless integration at the EDGE, Cloud and on-premises servers.
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Inventures
VC Fund · Istanbul, Istanbul, Turkey · 2 investments in Turkey Retail startups

Inventures | Seed Stage Investor | Securing Startup DNA

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Investment focus

  • Industry: E-Commerce, FinTech, Retail
  • Stage:Seed, Series A, Angel
  • Geography: Turkey, United States, Spain

Investor stats

  • Total investments: 16
  • Round size: Seed $1.9M–$4.3M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • Monite — Monite lets B2B platforms add Invoicing, Payables, and other finance automation features to their offering | Fully embeddable | Cross-country coverage | High-end functionality
  • Donut — Donut helps people discover new ways to build wealth, by providing the easiest and most trusted way to save & earn high yield with DeFi. Donut was founded in 2018 and is dual headquartered in Los Angeles and Berlin.
  • Oxygen — Oxygen is a digital banking platform. It is the first and only challenger in the US that offers both personal and business banking. The bank of the 21st-century economy, serving consumers, small businesses, and freelancers.Available on iOS and Android, Oxygen users enjoy no monthly fees, no paperwork, early direct deposit, simple transfers,cashback rewards, savings accounts, as well as retail and travel benefits. Businesses can easily control their finances with solutions that are elegant, simple, and secure.
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Logo Ventures
VC Fund · Istanbul, Istanbul, Turkey · 2 investments in Turkey Retail startups

Logo Ventures is an early-stage venture capital firm, investing in innovative high growth technology startups with a potential to scale globally. We partner with exceptional teams with bold ideas and aim to build the future through technology together with them. We focus on the CEE, Baltic and Turkey region and support companies as they transforminto established players within their industry.

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Investment focus

  • Industry: Software, SaaS, Retail
  • Stage:Seed, Series A
  • Geography: Turkey, United Kingdom, Nigeria

Investor stats

  • Total investments: 15
  • Round size: Seed $500k–$2.4M; Series A $2.2M–$11M
  • Lead/follow: 7% lead, 93% follow
  • Last fund: Likely still investing — raised $20M in 2021

Portfolio highlights

  • Hazy — Hazy is a UCL AI spin out backed by Microsoft and Nationwide. Our core product is synthetic data - data generated artificially using machine learning techniques, that retains the statistical properties of the real data and can be safely used for analytics and innovation without compromising customers privacy and confidential information. We do itby capturing patterns in the raw data to generate completely synthetic 'hazy' data that maintains the statistical value of the original. This means businesses can unlock their data for innovation freely with safer and faster data provisioning on demand and no compliance, security or privacy risks and procurement delays.
  • Flowla — From outreach to onboarding, create personalized sales stories, impress prospects, and build consensus with multiple stakeholders.
  • WASK INC — Digital marketing ads software: create new smart ads and management digital marketing fast, advertising easily with digital marketing software tool
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Kültepe Investment
VC Fund · Kayseri, Kayseri, Turkey · 2 investments in Turkey Retail startups

Kültepe Investment was established by 20 investors within the Erban Angel Investor Network to improve the investment climate of Central Anatolia and to make Kayseri a unique and unique center of attraction for entrepreneurs and entrepreneurs.

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Investment focus

  • Industry: Software, E-Commerce, SaaS
  • Stage:Seed, Pre-Seed
  • Geography: Turkey, United States

Investor stats

  • Total investments: 7
  • Round size: Seed $700k–$2M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Bartme — Bartme is a c2c Barter Platform. Our mission is to put barter back in our daily life to maximise lifespan of any book today and any product tomorrow. Globally. Innovatively.We see a very strong tech-driven hype in 2nd hand (i.e. pre-owned) market. However, there is immense untapped potential in traditional barter. We have examined prominentproblems in barter concept and developed a unique, brand new mobile app to make barter a favorable option in 2nd hand trade.Happy Barter,Bartme Team
  • Medialyzer — Measure, analyze and increase the online impact of TV advertising.
  • artlabs — ART Labs introduces tailor-made AR-commerce. A specially designed, effortless, 3D-powered boost for eCommerce
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Revo Capital
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 1 investments in Turkey Retail startups, 6 in the past 12 months

Operational venture capital firm that invests across Turkey, Eastern Europe & Baltics in seed to Series B rounds.

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Investment focus

  • Industry: Software, Financial Services, Information Technology
  • Stage:Seed, Series A
  • Geography: Turkey, United States, United Kingdom

Investor stats

  • Total investments: 53
  • Round size: Seed $425k–$2.8M; Series A $250k–$19M
  • Lead/follow: 26% lead, 74% follow
  • Last fund: Likely still investing — raised $96M in 2021

Portfolio highlights

  • DefensX — DefensX protects users from sophisticated cybersecurity attacks by isolating threats from reaching end-point devices, such as desktops, laptops, smart phones and tablets.
  • FileOrbis — FileOrbis is a file management platform that provides file-sharing and management services.
  • Getir Turkey — Getir is a technology company that provides on-demand delivery services.
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Finberg
VC Fund · Istanbul, Istanbul, Turkey · 1 investments in Turkey Retail startups, 6 in the past 12 months

Finberg is a corporate venture capital firm and a Fibabanka subsidiary. On March 1, 2018, the company was established.

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Investment focus

  • Industry: FinTech, Financial Services, Information Technology
  • Stage:Seed, Corporate Round
  • Geography: Turkey, United Kingdom, United States

Investor stats

  • Total investments: 20
  • Round size: Seed $600k–$8M; Corporate Round $200k–$4M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • ikas — Start selling online with the new generation e-commerce platform ikas. Increase your sales and experience international commerce.
  • wamo — Get a better business account with wamo. Physical & virtual cards, team accounts. Do it all from one app. Ready in 10 minutes!
  • Taksit Market — Taksit Market is an e-commerce platform to sell electronic products.
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Sente Ventures
VC Fund · Chicago, Illinois, United States · 1 investments in Turkey Retail startups

Sente is a Chicago-based startup investment and innovation platform. Sente searches the world for the most high-potential startups and helps them scale through unprecedented guidance, support, and connections.

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Investment focus

  • Industry: Artificial Intelligence, Machine Learning, Information Technology
  • Stage:Pre-Seed, Series B
  • Geography: United States, Israel, Turkey

Investor stats

  • Total investments: 33
  • Round size: Pre-Seed $50k–$1.5M
  • Lead/follow: 3% lead, 97% follow

Portfolio highlights

  • KFOBIX — KFOBIX offers nano-composite materials to prevent freezing and contamination of solar panels, wind turbines, and automobile glass.
  • DRONEQUBE — DRONEQUBE provides an innovative SaaS solution that empowers drones to monitor and defend vineyard health autonomously, addressing pressing concerns brought about by the climate crisis and increasing labor challenges.
  • Our Next Energy — ONE is a Michigan-born energy storage company focused on battery technologies that will accelerate the adoption of EVs and expand energy storage solutions.
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BDC Venture Capital
VC Fund · Calgary, Alberta, Canada · 1 investments in Turkey Retail startups, 33 in the past 12 months

BDC Venture Capital is a major venture capital investor in Canada, active at every stage of the company's development cycle, from seed through expansion, with a focus on technology-based businesses that have high growth potential and that are positioned to become dominant players in their markets. The company helps create and develop strongCanadian businesses through financing, consulting services and securitization, with a focus on small and medium-sized enterprises.BDC Venture Capital has been involved in venture capital since 1975 and has to date invested in more than 400 companies involved in the areas of Life Sciences, Telecommunications, Information Technology and Advanced Technologies.

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Investment focus

  • Industry: Software, Information Technology, Internet
  • Stage:Series A, Seed
  • Geography: Canada, United States, Japan

Investor stats

  • Total investments: 302
  • Round size: Seed $392k–$4M; Series A $2.5M–$16M
  • Lead/follow: 25% lead, 75% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Cognota — Synapse helps companies around the world improve the productivity of their corporate learning and development teams. Our award-winning software streamlines training intake, project and capacity planning, and content design processes to make training teams more digital, agile, and efficient.This first-of-its-kind software allows our customers toget better visibility into the training needs of their businesses and consolidate the disparate tools they are using so they can access capacity data for better decision making and author course content with unprecedented speed.Collaboration with subject matter experts takes place directly within the platform ensuring knowledge is effectively captured and easy to update as required.The Synapse mission is to enable more people to learn and grow. Founded in 2015, Synapse has clients in multiple sectors and is based out of Toronto Canada with offices in San Diego and Merida, Mexico. For more information about Synapse software, visit www.getsynapse.com.
  • InnerSpace — InnerSpace is the fastest way to transform your business and power the hybrid workplace strategy. Transforming workplace experience with insights into how people use a space and create innovative solutions that drive revenue and improve operations to hybrid offices.
  • Carbon Upcycling — Carbon Upcycling Technologies (“CUT”) was formed to use the pollution of today to build the materials of tomorrow by converting CO2 gas into solid products. CUT sells advanced solid products derived from greenhouse emissions and cheaply available solids. Since 2014, CUT has scaled its ability to convert CO2 emissions into value-add end materials byover a million times. Through its portfolio of CO2-derived solid nanoparticles, CUT has technically validated its solutions for use in plastics, coatings, epoxy, adhesives, concrete, lithium-ion battery, and pharmaceutical industries. CUT recently launched a consumer brand called Expedition Air.CUT commercialized a corrosion-resistant coating, utilizing its nanoparticles, in 2017, becoming the youngest CO2 utilization company to generate commercial revenue (<2.5 years since inception) and has since been confirmed as one of the top CO2 utilization companies in the world as a winner of the X-Factor Award in the NRG COSIA Carbon XPRIZE. CUT has been named as a Solar Impulse Efficient Solution label recipient, a funding recipient of Fundación Repsol Entrepreneurs Fund, and a winner of the 2019 76West Clean Technology Competition.CUT’s most advanced product is its CO2-embedded concrete additive. In 2018, CUT graduated from the LafargeHolcim Accelerator in France and has continued conversations and testing with the company since then. CUT is also partnered with Burnco and Cemex. CUT’s commercial demonstration at the Alberta Carbon Conversion Technology Centre produces over 20 tonnes of concrete additives in a day. The product reduces the carbon footprint of concrete manufacturing by up to 25% while increasing the compressive strength of concrete by up to 40%.
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

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Koc Holding
VC Fund · Istanbul, Istanbul, Turkey · 1 investments in Turkey Retail startups

Koç Group is one of Turkey's largest industrial and services groups in terms of revenues, exports, research and development investments, patent portfolio, employees, taxes paid and market capitalization on the Borsa Istanbul. With consolidated revenues of $25.5 billion, it ranks among the world's Fortune 500 list. Koç Holding has leadingpositions with strong competitive advantages in various sectors, such as energy, automotive, consumer durables and finance. It has more than 97,000 employees and 10,000 dealers, agencies and after-sales service providers. Koç Group is celebrating its 90th anniversary.

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Investment focus

  • Industry: Artificial Intelligence, Analytics, Machine Learning
  • Stage:Seed, Series A
  • Geography: Turkey, United States, United Kingdom

Investor stats

  • Total investments: 7
  • Round size: Seed $1M–$1M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Khenda — Khenda is an AI-based video analytics platform that helps manufacturing plants to increase their safety, efficiency, and quality at production lines by analyzing manual activities.
  • Segmentify — Bring Growth to Life: Explore how you can create unique experiences for each customer in real-time and optimise customer lifetime value!
  • PictorLabs — PictorLabs is a digital pathology company advancing AI-powered virtual staining technology to revolutionize histopathology and accelerate clinical research with the goal of improving patient outcomes. Led by a team with deep expertise in bioengineering, artificial intelligence and health-tech product development, the Company is reimagining the ageold practice of histopathology. From a single unstained tissue sample, PictorLabs’ proprietary platform can sustainably produce an unlimited number of virtual stains that are indistinguishable from analogous chemical ones. PictorLabs' technology can replicate standard of care stains and perform specialized virtual biomarker stains for indications that require novel and accelerated diagnostic tests. To learn more, visit https://pictorlabs.ai/ and please follow PictorLabs on LinkedIn.
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Idacapital
VC Fund · Istanbul, Istanbul, Turkey · 1 investments in Turkey Retail startups

idacapital Innovation Fund is the first Impact Fund in Turkey investing across technology-enabled business verticals in Health Tech, Financial Inclusion, Edu Tech, Clean Tech, Agro Tech in and around Turkey.

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Investment focus

  • Industry: Logistics, E-Commerce, Apps
  • Stage:Seed, Pre-Seed
  • Geography: Turkey, United States, United Kingdom

Investor stats

  • Total investments: 12
  • Round size: Seed $150k–$700k
  • Lead/follow: 92% lead, 8% follow
  • Last fund: May invest from a new fund soon — raised $20M in 2018

Portfolio highlights

  • QDelivery — Qdelivery offers delivery solutions for companies operating in industries including food and beverage, retail, e-commerce, and furniture.
  • DIGINAK.COM — DIGINAK.COM is a state of art "Digital Transportation Platform". The platform generates spot transportation service for SMEs via online platform. The platform creates 30 days late payment option, Credit Cart Payment alternative, all risk insurance and 7/24 CRM.
  • Agrio Finans — Agrio offers Value Chain Finance Solutions to Agricultural Production Actors including Farmers, Contractors, Vendors and Financial Institutions.
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Relay Ventures
VC Fund · Toronto, Ontario, Canada · 1 investments in Turkey Retail startups

We view founders as partners. We bring capital, networks, and experience, and our founders bring expertise, teams, and dreams.

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Investment focus

  • Industry: Software, Mobile, Apps
  • Stage:Seed, Series A, Series B
  • Geography: United States, Canada, United Kingdom

Investor stats

  • Total investments: 135
  • Round size: Seed $1.3M–$7.5M; Series A $4.4M–$14M; Series B $5M–$31M
  • Lead/follow: 29% lead, 71% follow
  • Last fund: May invest from a new fund soon — raised $145M in 2016

Portfolio highlights

  • FCTRY LAb — Fctry lab combine traditional manufacturing methods with modern technology, allowing us to redefine techniques and invent new construction methods
  • Cookin — Cookin is a homemade food delivery marketplace where people can find home-cooked meals and have them delivered to their doors.Cookin Inc. is rethinking what it takes to start a food business and enabling a new class of creators to do what they love. Cookin empowers talented cooks, many of whom are reinventing themselves from a topsy-turvyrestaurant industry, to turn their own talents and home kitchens into a source of income. Cookin matches buyers and cooks together on the marketplace and dispatches a driver to pick up the meal and deliver it.
  • Train Fitness — Train Fitness focuses on automatic exercise detection and rep counting using Artificial Intelligence and the Apple watch.
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EGIAD Angels
VC Fund · Konak, Izmir, Turkey · 1 investments in Turkey Retail startups

EGIAD Angels Investment Network is an entrepreneur support system established by Aegean Young Business People Association. Business and venture ideas that meet the specified criteria are presented to potential investors in the system, provided that they are transformed into business plans.

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Investment focus

  • Industry: Software, E-Commerce, Information Technology
  • Stage:Seed, Angel
  • Geography: Turkey, Estonia

Investor stats

  • Total investments: 17
  • Round size: Seed $8k–$2.1M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • DogGO — DogGO is a pet service app that uses a mobile application to offer safe and professional dog walking and grooming services to dog owners. It also offers its users a detailed profile of their pets, as well as an easy service request and tracking feature, smart and suitable matching, and 24/7 customer service to support all of their pet'sneeds. Their application has over 150,000 users and tens of thousands of pet profiles. Furthermore, by entering into agreements with corporate companies for their employees or users, they ensure that all pet families have access to DogGO when they need it.
  • Albert Health — 50% of people with chronic diseases do not take medications as prescribed. Improper medication use, especially for elderly patients, leads to hospitalizations and costs insurers billions of dollars. Current apps in the market are too complicated and difficult to use for the elderly who suffer the most from chronic diseases. Albert is a voice-basedhealth assistant which is accessible through mobile app, Amazon Alexa and Google assistant. Our machine learning algorithms create a unique conversational medication management experience. Elderly patients don’t have to text anymore. They will talk with Albert to manage their medications in an easy and effortless way. Patients can easily track health measurements, keep medical diary and set pill reminder by voice command. Furthermore, “Caregiver Mode” allows family members to manage and monitor their relatives’ treatment remotely. Albert helps elderly patients to take the right dose at the right time and help insurers to have less medical expenses, more satisfied customers.
  • artlabs — ART Labs introduces tailor-made AR-commerce. A specially designed, effortless, 3D-powered boost for eCommerce
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Keiretsu Capital
VC Fund · Seattle, Washington, United States · 1 investments in Turkey Retail startups, 11 in the past 12 months

Keiretsu Capital LLC is an affiliate of the World's Leading Angel Network, Keiretsu Forum, and manages funds which enable limited partners to co-invest in the proprietary deal flow of the angel investors.

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Investment focus

  • Industry: Health Care, Biotechnology, Medical
  • Stage:Series A, Seed
  • Geography: United States, Canada, India

Investor stats

  • Total investments: 101
  • Round size: Seed $700k–$2.2M; Series A $2.2M–$5M
  • Lead/follow: 3% lead, 97% follow
  • Last fund: Likely still investing — raised $3.7M in 2022

Portfolio highlights

  • Clensta — Clensta is a biotechnology start-up to improve the National Hygiene condition whilst addressing the aspect of water conservation. Clensta is an Indian startup and in association with IIT Delhi, works to create innovative healthcare solutions to make hygiene accessible for anyone, anytime, and anywhere. Driven by their aim to create products thatpromote complete cleaning solutions without water.
  • EarthGrid PBC — EarthGrid seeks to revolutionize US outdated infrastructure with innovative tunneling and trenching solutions, through the power of plasma.
  • Another Tomorrow — Conscious Clothing. Education. Action. Another Tomorrow pushes the boundaries of what responsibly grown, and ethically manufactured materials can achieve. Sensual and strong, our collection is designed for living.
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Lima Ventures
VC Fund · Istanbul, Istanbul, Turkey · 1 investments in Turkey Retail startups, 7 in the past 12 months

Collaboration with outstanding initiators with exceptional insights, from inception through all levels of progress. Lima Ventures supports visionary founders as well as provides certain services to early startups. We seek innovative technology-driven entrepreneurs who generate and lead companies that will inspire millions.

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Investment focus

  • Industry: Artificial Intelligence, Software, FinTech
  • Stage:Seed, Pre-Seed
  • Geography: Turkey, Estonia, Germany

Investor stats

  • Total investments: 28
  • Round size: Seed $21k–$400k
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • VRLab Academy — VRLab Academy specializes in implementing advanced virtual science education to institutions. It focuses on waste-free, attractive, and useful design to makes advanced virtual science education possible. The company aims to evolve the educational environment where students will improve their scientific skills and learn all about it from firsthand.
  • Studio Billion — Studio Billion is a game development company that develops applications, games, and projects for different platforms. Studio Billion is headquartered in Istanbul, Turkey.
  • Enqura Information Technologies — Enqura Information Technologies offers advanced technologies in conjunction with human resources as reasonable solutions. Enqura develops creative solutions in the field of digital transformation. They provide innovative and end-to-end solutions to several industries, primarily finance and insurance.
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Techmine Gsyo
VC Fund · Istanbul, Istanbul, Turkey · 1 investments in Turkey Retail startups

Techmine Gsyo is a venture capital firm that invests in technology startups across a wide range of industries.

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Investment focus

  • Industry: Retail, Software, E-Commerce
  • Stage:Seed
  • Geography: Turkey

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • artlabs — ART Labs introduces tailor-made AR-commerce. A specially designed, effortless, 3D-powered boost for eCommerce
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Inventram
VC Fund · Üsküdar, Istanbul, Turkey · 1 investments in Turkey Retail startups

İnventram, venture investment arm of Koç Holding, invests in grounbreaking innovative and disruptive high tech startups&scaleups worlwide. 5 out of the 9 high tech startups in Inventram's portfolio currently operate in the USA, and 1 in Germany.

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Investment focus

  • Industry: Retail, Robotics, Analytics
  • Stage:Seed, Series A
  • Geography: Turkey, United States

Investor stats

  • Total investments: 6
  • Round size: Seed $616k–$3.5M
  • Lead/follow: 43% lead, 57% follow

Portfolio highlights

  • Vispera — Drive your retail execution to perfection with Vispera image recognition technologies and intelligent retail solutions.
  • Augmency — Agumency is a technology company based on augmented reality services and products which are using IoT, Industry 4.0 etc.
  • Tarabios — Tarabios is developing a mobile device to monitor blood clot times (PT / INR) for Warfarin Therapy patients
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Akis Gayrimenkul Yatirim Ortakligi
VC Fund · Üsküdar, Istanbul, Turkey · 1 investments in Turkey Retail startups

Akis Gayrimenkul Yatirim Ortakligi AS, a subsidiary of Akkok Holding, is a Turkey-based real estate investment trust

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Investment focus

  • Industry: Retail, Shopping, Software
  • Stage:Seed, Corporate Round
  • Geography: Turkey

Investor stats

  • Total investments: 2
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Nivogo — Nivogo renews goods that couldn't pass to the consumption stage by putting them through a 6-step process and bring them to consumers.
  • VenueX — VenueX enables retailers to showcase their products, POI and indoor maps to shoppers searching online!
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Valar Ventures
VC Fund · New York, New York, United States · 1 investments in Turkey Retail startups, 14 in the past 12 months

Valar Ventures is a venture capital firm backed by Peter Thiel. Valar partners with entrepreneurs globally and believes that an increasing number of transformative technology companies will be started outside of Silicon Valley, and that the founders of those companies will benefit from having a partner that understands their unique challenges andopportunities.

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Investment focus

  • Industry: FinTech, Financial Services, Banking
  • Stage:Series A, Series B, Seed
  • Geography: United States, Germany, United Kingdom

Investor stats

  • Total investments: 161
  • Round size: Seed $700k–$19M; Series A $6M–$30M; Series B $23M–$75M
  • Lead/follow: 60% lead, 40% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • albo — albo is the leading mexican challenger bank which helps you manage your money, and it can adapt to your lifestyle bringing you an honest service that cares about you. albo offers you a mobile banking app, a banking account, and a Mastercard card, allowing you to easily spend, save and invest your money. You can open your account in 60 secondsfrom your phone, having at your disposal personalized financing tools to help assist you in making better financial decisions. You can also be able to make free money transfers to whichever bank 24/7. albo includes many other innovating functions besides the ones mentioned above.
  • Ivy — We are building a global API for instant bank payments
  • One Trading — Discover an unrivalled trading experience with One Trading. We believe regulation powers user experience, not breaks it. Crypto - But regulated. Buy crypto now, including Bitcoin, Ethereum, DOGE, Solana, Cardano and more.
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Alima Ventures BV
VC Fund · 1 investments in Turkey Retail startups

Alima Ventures BV is an investment firm of Turkey

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Investment focus

  • Industry: Artificial Intelligence, Retail, Fashion
  • Stage:Seed
  • Geography: Turkey

Investor stats

  • Total investments: 3
  • Lead/follow: no public data

Portfolio highlights

  • Clotie — Clotie offers a brand new shopping experience to its users by offering an online personal styling service. It creates a unique customer experience by combining technology with the personal touches of experienced stylists and sends monthly outfits suitable for its users’ style. Clotie primarily focuses on eliminating online and offline shoppingproblems by providing a personalized, plus accessible styling service for those who do not have time for shopping but still want to be stylish.
  • Sertifier — Sertifier is an all-in-one education data collection tool that makes smart certificates and open badges easy to issue, enjoyable to earn, and simple to analyze.
  • Magnus — Power your investment with the AI magic. Sky is the only limit.
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Albaraka Fintech Fund
VC Fund · 1 investments in Turkey Retail startups

Fintech fund of Albaraka Turk

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Investment focus

  • Industry: Information Technology, Software, E-Commerce
  • Stage:Seed, Pre-Seed
  • Geography: Turkey

Investor stats

  • Total investments: 8
  • Lead/follow: no public data

Portfolio highlights

  • Clotie — Clotie offers a brand new shopping experience to its users by offering an online personal styling service. It creates a unique customer experience by combining technology with the personal touches of experienced stylists and sends monthly outfits suitable for its users’ style. Clotie primarily focuses on eliminating online and offline shoppingproblems by providing a personalized, plus accessible styling service for those who do not have time for shopping but still want to be stylish.
  • Vomsis — Vomsis is a application which collects all the bank banks on a single screen and helps to check balance and account movements.
  • denebunu.com — Founded in 2016, Denebunu is a revolutionary data-driven digital marketing platform with a community of +1,5M members that connects brands with their consumers via technology, sampling and consumer insights. We redefined the way consumers shop for FMCG & Cosmetics products by a monthly delivery of personalised samples. We partner with thebest brands in the industry such as Unilever, P&G, L’Oréal, Henkel, Estee Lauder, Nestlé etc. , and use a proprietary algorithm to meet right products w/ right consumers , based on their preferences and profiles on denebunu.com
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StartersHub
VC Fund · Istanbul, Istanbul, Turkey · 1 investments in Turkey Retail startups

We are StartersHub. We are here for people who want to grow their start-up and find their angel investors. Find your venture capital now!

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Pre-Seed, Convertible Note
  • Geography: United States, Turkey, Latvia

Investor stats

  • Total investments: 47
  • Round size: Seed $30k–$605k; Pre-Seed $20k–$285k; Convertible Note $25k–$30k
  • Lead/follow: 26% lead, 74% follow
  • Last fund: May invest from a new fund soon — last raise in 2015

Portfolio highlights

  • Nerf IT — Nerf IT! is a super app enriched with crypto and NFT, where you can participate in tournaments, education, and events within esports.
  • Quin AI — Quin AI is a real-time digital customer analytics tool that helps e-commerce websites predict visitors’ behavior after only 3-clicks, and engage them in real-time. The tool is very simple to install (just a JavaScript plugin), and only uses in-session clickstream data (cookie-free & GDPR compliant) to make highly accurate predictions to supportconversion for traffic that otherwise drops.Quin significantly increases engagement and incremental revenue on websites through native engagement tools and easy API integration to available tech-stacks which makes the product an ideal solution for e-commerce websites and ideal partner for companies providing services to retail and e-commerce businesses.
  • Kassa — Kassa is an app that allows the user to easily share the expenses with their friends. The app reviews the user's balance of income and expenses, together with their savings to make financial decisions accordingly. Kassa keeps every mutual expense made to share it evenly.
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Yildiz Ventures
VC Fund · Istanbul, Istanbul, Turkey · 1 investments in Turkey Retail startups

Yıldız Ventures has three main fields of activity. These areas stand out as startup acceleration program, incubation, and financial investment. Entrepreneurs who receive support from Yıldız Ventures have the opportunity to test their products on a pilot scale and receive important feedback on product-market compatibility by collaborating withcorporate companies from the early stages.

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Investment focus

  • Industry: Retail, Internet, E-Commerce
  • Stage:Seed
  • Geography: Turkey

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Clickme Live — Clickme Live is a video-oriented shopping platform that sells products to consumer with live broadcasts, short videos, and commercials.
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Rho Canada Ventures
VC Fund · New York, New York, United States · 1 investments in Turkey Retail startups

Rho Canada Ventures is a division of Rho Capital Partners focusing on early-stage investing in Canada’s most innovative technology companies.The Rho Canada Ventures team comprises a unique combination of entrepreneurial, operational, and venture investment experience in the United States and Canada. With a combined 80 years of experience, RhoCanada Ventures offers entrepreneurs the expertise to turn Canadian innovators into global leaders. Rho Canada Ventures' portfolio companies are a diverse group of investments that span new media, mobile applications, wireless infrastructure, semiconductors and materials, and software.

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Investment focus

  • Industry: Software, Analytics, E-Commerce
  • Stage:Series A, Series B, Seed
  • Geography: Canada, United States, Italy

Investor stats

  • Total investments: 34
  • Round size: Seed $1M–$1.1M; Series A $750k–$8M; Series B $4.3M–$37M
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • Sportlogiq — Sportlogiq is a venture-backed startup that develops sports statistics solutions. Using feeds from current broadcast cameras, the company uses player tracking and activity recognition to analyze player movement and provide context to game analysis. Sportlogiq was founded in 2014 and is headquartered in Montreal, Canada.
  • Auvik Networks — Auvik’s cloud-based network management software keeps IT networks around the world running optimally. By automating and simplifying network management, Auvik helps rocket an IT team’s efficiency and capacity, while protecting the business from network risk. Auvik is one of the fastest growing North American technology companies, and is winner ofthe Deloitte Technology Fast 50, Deloitte Fast 500, and recognized as the #1 ranked Canadian company in the FT Americas’ Fastest Growing Companies 2020. Visit www.auvik.com or follow @AuvikNetworks on Twitter. Auvik is a registered trademark of Auvik Networks Inc.
  • Resson — Resson Aerospace is a bioinformatics and data analytics company, delivering customized agriculture solutions for large corporate clients. Utilizing recent advances in large-scale cloud-based data processing, swarm robotics, and advanced data analytics, its proprietary Resson Agricultural Management and Analytics System gives the agriculturaloperator analytical insight and dynamic control over the farm area.Resson Aerospace’s Resson Agricultural Management and Analytics System, data-driven agriculture solution, analyzes crop metrics to assess crop status and health, providing operators with the information required to optimize agricultural operations, improve efficiency, boost yields, and maximize profitability. It is headquartered in Fredericton, N.B.
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Retail VC funding in Turkey at a glance

Stats across 29 deals from 31 investors.

31
investors
in Turkey Retail startups
29
deals
in Turkey Retail startups
$950k
median round
in Turkey Retail startups
48%
lead investors
lead at least one round
52%
Seed
most common funding stage

Access all 31 VC funds in Turkey Retail startups.

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