# Investors based in Istanbul (2026 list)

> 269 investors based in Istanbul, 4% active in the last 12 months. Led by APY Ventures, Aslanoba Capital, Maxis. Ranked by what they funded.

Source: https://millionrounds.com/lists/investors-based-in-istanbul (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# Investors based in Istanbul

Updated 7 November 2026

Firms with an address in Istanbul. A head office is a fact about the firm; where it invests is on its own page.

[See all 269 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Finvestors-based-in-istanbul)The top 25

**269** investors on the list No change this week

**34** cheques in 12 months *-1%* against the market

**$2.6M** median round they joined *-68%* against the market median

**4%** wrote a cheque in 12 months

**0%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (8)

- 1 [APY Ventures](https://millionrounds.com/fund/apy-ventures-2) *Deploying now* VC firm · Türkiye **73** **$1M** median round **Jul 2026** last seen
- 2 [Aslanoba Capital](https://millionrounds.com/fund/aslanoba-capital) quiet VC firm · Türkiye **58** **$28M** median round **Nov 2016** last seen
- 3 [Maxis](https://millionrounds.com/fund/maxis) *Deploying now* VC firm · Türkiye **45** **$1.1M** median round **Jun 2026** last seen
- 4 [Circle Up](https://millionrounds.com/fund/circle-up) *Deploying now* Hedge fund · Türkiye **33** **$4.8M** median round **Jun 2026** last seen
- 5 [TechOne Ventures](https://millionrounds.com/fund/techone-venture-capital) quiet VC firm · Türkiye **24** **$708K** median round **May 2025** last seen
- 6 [Finberg](https://millionrounds.com/fund/finberg) *Deploying now* Corporate VC · Türkiye **22** **$3M** median round **Apr 2026** last seen
- 7 [YC](https://millionrounds.com/fund/yc) *Deploying now* VC firm · Türkiye **14** **$12M** median round **Aug 2026** last seen
- 8 [Etohum](https://millionrounds.com/fund/etohum) dormant Accelerator · Türkiye **6** **-** median round **Apr 2013** last seen
- 9 [BIC Angel Investments](https://millionrounds.com/fund/bic-angel-investments) quiet VC firm · Türkiye **5** **$129K** median round **Feb 2015** last seen
- 10 [String Ventures](https://millionrounds.com/fund/string-ventures) quiet VC firm · Türkiye **4** **$1M** median round **Mar 2024** last seen
- 11 [Wingie Enuygun Group](https://millionrounds.com/fund/wingie-enuygun-group) quiet VC firm · Türkiye **3** **$270K** median round **Nov 2010** last seen
- 12 [Logo Ventures](https://millionrounds.com/fund/logo-ventures) *Deploying now* VC firm · Türkiye **2** **$5.8M** median round **Apr 2026** last seen
- 13 [Markafoni](https://millionrounds.com/fund/markafoni) quiet VC firm · Türkiye **2** **$2.5M** median round **Sept 2013** last seen
- 14 [Shine Angel Fund](https://millionrounds.com/fund/shine-angel-fund) quiet Angel network · Türkiye **2** **$132K** median round **Jan 2013** last seen
- 15 [Creaturk](https://millionrounds.com/fund/creaturk) quiet Growth equity · Türkiye **1** **$50M** median round **Oct 2013** last seen
- 16 [Deniz Ventures](https://millionrounds.com/fund/deniz-ventures) quiet Corporate VC · Türkiye **1** **$8.2M** median round **Nov 2025** last seen
- 17 [Dogan Online](https://millionrounds.com/fund/dogan-online) quiet Growth equity · Türkiye **1** **$2.6M** median round **Jul 2013** last seen
- 18 [Doğa Venture](https://millionrounds.com/fund/doga-venture) quiet VC firm · Türkiye **1** **-** median round **Jan 2015** last seen
- 19 [Ingram Micro](https://millionrounds.com/fund/ingram-micro) quiet Investment firm · Türkiye **1** **$10M** median round **Oct 2018** last seen
- 20 [Internet Holding A.S](https://millionrounds.com/fund/internet-holding-a-s) quiet VC firm · Türkiye **1** **$250K** median round **Jan 2011** last seen
- 21 [Lima Ventures](https://millionrounds.com/fund/lima-ventures) quiet VC firm · Türkiye **1** **$89K** median round **Aug 2023** last seen
- 22 [Ludus Ventures](https://millionrounds.com/fund/ludus-ventures) *Deploying now* VC firm · Türkiye **1** **$49M** median round **Oct 2026** last seen
- 23 [MONOLITH](https://millionrounds.com/fund/monolith) *Deploying now* Hedge fund · Türkiye **1** **$75M** median round **Nov 2026** last seen
- 24 [Mynet](https://millionrounds.com/fund/mynet) quiet VC firm · Türkiye **1** **$565K** median round **Jan 2013** last seen
- 25 [Pragma](https://millionrounds.com/fund/pragma) quiet Private equity · Türkiye **1** **$8.5M** median round **Oct 2024** last seen

**244 more on this list**

All 269 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

[See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Finvestors-based-in-istanbul)

## The Newest Cheques

Rounds this list's investors joined most recently

- **3** Nov **[Nanochap](https://millionrounds.com/company/nanochap)** Series C · $75M *With* [MONOLITH](https://millionrounds.com/fund/monolith)
- **20** Oct **[Flow Games](https://millionrounds.com/company/flow-games)** $49M *With* [Ludus Ventures](https://millionrounds.com/fund/ludus-ventures)
- **5** Aug **[HappyRobot](https://millionrounds.com/company/happyrobot)** Series C · $150M *With* [YC](https://millionrounds.com/fund/yc)
- **1** Jul **[EELI Technology](https://millionrounds.com/company/eeli-technology)** Pre-seed · $2M *With* [APY Ventures](https://millionrounds.com/fund/apy-ventures-2)
- **30** Jun **[Lucida AI](https://millionrounds.com/company/lucida-ai)** Seed · $7M *With* [Ünlü & Co](https://millionrounds.com/fund/unlu-and-co)
- **1** Jun **[Syntonym](https://millionrounds.com/company/syntonym)** Venture *With* [APY Ventures](https://millionrounds.com/fund/apy-ventures-2)

## Stages This Year

29 rounds

- Seed **28%**
- Venture **28%**
- Pre-seed **14%**
- Series A **14%**
- Series C **7%**
- Other **10%**

## What They Backed

Sectors, last 12 months

- AI **13**
- Big Data & Analytics **3**
- Gaming **3**
- E-commerce **3**
- Fintech **2**
- Developer Tools **2**

## Cheques by Quarter

Led Joined

12 Q1 25

9 Q2 25

8 Q3 25

15 Q4 25

8 Q1 26

12 Q2 26

2 Q3 26

2 Q4 26

The last bar is the quarter still running.

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[All investor lists *→*](https://millionrounds.com/lists)

## Quick answers about investors based in Istanbul

### Who are the most active investors based in Istanbul?

By cheques observed, the most active are APY Ventures, Aslanoba Capital, Maxis, Circle Up and TechOne Ventures.

### How many investors based in Istanbul are there?

269 are on record. 4% made an investment in the last 12 months.

### Which stages do investors based in Istanbul back?

Of the rounds with a named stage in the last 12 months, mostly Seed (42%) and Pre-seed (21%).

### How big are the rounds investors based in Istanbul join?

The typical (median) round among the leading investors here is $2.6M.

### Which sectors do investors based in Istanbul back most?

In the last 12 months, mostly AI, Big Data & Analytics and Gaming.

### What have investors based in Istanbul invested in recently?

Recent rounds include Nanochap (Series C, Nov 2026, with MONOLITH), Flow Games (Oct 2026, with Ludus Ventures) and HappyRobot (Series C, Aug 2026, with YC).

### How is this list of investors based in Istanbul ranked?

By cheques observed, from the rounds and filings we watched, and never by anything anyone paid for. It is rebuilt every night.

### Can I see all 269 investors based in Istanbul?

The top 25 are here. All 269 are in the app, with filters for stage, sector, market and cheque size. A free account shows 10 per search, Pro up to 1,000.

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)
