# Series B investors in Türkiye (2026 list) > 15 series B investors in Türkiye, 87% active in the last 12 months. Led by HSG, Spark Capital, Balderton Capital. Ranked by what they funded. Source: https://millionrounds.com/lists/series-b-investors-in-t-rkiye (Millionrounds; every figure on the page links to its filing or article) [Investor Lists](https://millionrounds.com/lists) # Series B investors in Türkiye Updated 7 November 2026 Firms we have watched take part in a Series B round raised by a company in Türkiye in the last two years, wherever the firm is based. [See all 15 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fseries-b-investors-in-t-rkiye)The top 15 **15** investors on the list No change this week **312** cheques in 12 months *-15%* against the market **$31M** median round they joined *+286%* against the market median **87%** wrote a cheque in 12 months **47%** have led a round ## The Top 15 Ordered by cheques observed, never by anything anyone paid for Deploying now (13) - 1 [HSG](https://millionrounds.com/fund/hsg) *Deploying now* VC firm · Hong Kong SAR China **498** **$31M** median round **Oct 2026** last seen - 2 [Spark Capital](https://millionrounds.com/fund/spark-capital) *Deploying now* VC firm · United States **471** **$40M** median round **Oct 2026** last seen - 3 [Balderton Capital](https://millionrounds.com/fund/balderton-capital) *Deploying now* VC firm · United Kingdom **368** **$30M** median round **Oct 2026** last seen - 4 [QED Investors](https://millionrounds.com/fund/qed-investors) *Deploying now* VC firm · United States **314** **$29M** median round **Oct 2026** last seen - 5 [International Finance Corporation](https://millionrounds.com/fund/international-finance-corporation-ifc) *Deploying now* Government · United States **283** **$39M** median round **Oct 2026** last seen - 6 [Pareto Holdings](https://millionrounds.com/fund/pareto-holdings) *Deploying now* VC firm · United States **239** **$3.3M** median round **Oct 2026** last seen - 7 [Edward Lando](https://millionrounds.com/fund/edward-lando) *Deploying now* Angel · United States **179** **$3.5M** median round **Jul 2026** last seen - 8 [Revo Capital](https://millionrounds.com/fund/revo-capital) *Deploying now* VC firm · Netherlands **56** **$4.8M** median round **Jul 2026** last seen - 9 [Elephant](https://millionrounds.com/fund/elephant) *Deploying now* VC firm · United States **54** **$16M** median round **Jul 2026** last seen - 10 [QuantumLight](https://millionrounds.com/fund/quantumlight) *Deploying now* VC firm · United Kingdom **7** **$78M** median round **Nov 2026** last seen - 11 [Bek Ventures](https://millionrounds.com/fund/bek-ventures) *Deploying now* VC firm · Luxembourg **5** **$28M** median round **Sept 2026** last seen - 12 [Laton Ventures](https://millionrounds.com/fund/laton-ventures) *Deploying now* VC firm · Netherlands **2** **$43M** median round **May 2026** last seen - 13 [Spice Expeditions, LP](https://millionrounds.com/fund/spice-expeditions-lp) quiet Growth equity · United States **1** **$80M** median round **Aug 2025** last seen - 14 [George Rzepecki](https://millionrounds.com/fund/george-rzepecki) quiet Angel **1** **$80M** median round **Aug 2025** last seen - 15 [Mert Gür](https://millionrounds.com/fund/mert-gur) *Deploying now* Growth equity **1** **$70M** median round **May 2026** last seen ## The Newest Cheques Rounds this list's investors joined most recently - **3** Nov **[Applied Compute](https://millionrounds.com/company/applied-compute)** Other · $350M *With* [QuantumLight](https://millionrounds.com/fund/quantumlight) - **29** Oct **[Collective](https://millionrounds.com/company/collective)** Series B · $40M *With* [QED Investors](https://millionrounds.com/fund/qed-investors) - **29** Oct **[Collective](https://millionrounds.com/company/collective)** Series B · $100M *Led by* [QED Investors](https://millionrounds.com/fund/qed-investors) - **29** Oct **[Crux Labs](https://millionrounds.com/company/crux-labs)** Seed · $6M *With* [Pareto Holdings](https://millionrounds.com/fund/pareto-holdings) - **27** Oct **[General Compute](https://millionrounds.com/company/general-compute)** Series A · $100M *With* [QED Investors](https://millionrounds.com/fund/qed-investors) - **26** Oct **[Nevis](https://millionrounds.com/company/nevis)** Series B · $70M *With* [QuantumLight](https://millionrounds.com/fund/quantumlight) ## Stages This Year 295 rounds - Series A **17%** - Venture **16%** - Series B **13%** - Seed **12%** - Debt **11%** - Other **32%** ## What They Backed Sectors, last 12 months - AI **124** - Fintech **40** - Financial Services **21** - Robotics **16** - Big Data & Analytics **14** - Energy **14** ## Cheques by Quarter Led Joined 89 Q1 25 99 Q2 25 109 Q3 25 107 Q4 25 100 Q1 26 75 Q2 26 75 Q3 26 15 Q4 26 The last bar is the quarter still running. ## Lists Like This - [Early stage investors in United States 3,774](https://millionrounds.com/lists/early-stage-investors-in-united-states) - [Series A investors in United States 2,305](https://millionrounds.com/lists/series-a-investors-in-united-states) - [Seed investors in United States 2,252](https://millionrounds.com/lists/seed-investors-in-united-states) - [Series B investors in United States 1,647](https://millionrounds.com/lists/series-b-investors-in-united-states) - [Growth investors in United States 1,329](https://millionrounds.com/lists/growth-investors-in-united-states) - [Early stage investors in United Kingdom 1,166](https://millionrounds.com/lists/early-stage-investors-in-united-kingdom) - [Series C investors in United States 967](https://millionrounds.com/lists/series-c-investors-in-united-states) - [Pre-seed investors in United States 774](https://millionrounds.com/lists/pre-seed-investors-in-united-states) - [Seed investors in United Kingdom 692](https://millionrounds.com/lists/seed-investors-in-united-kingdom) [All investor lists *→*](https://millionrounds.com/lists) ## Reading for founders at Series B and scaling - Blitzscaling: The Lightning-Fast Path to Building Massively Valuable Companies Reid Hoffman · 2018 3.95 from 7,118 ratings on Goodreads Scaling and operations Leading and managing Moats and competition About the book Foreword by Bill Gates LinkedIn cofounder, legendary investor, and host of the award-winning Masters of Scale podcast reveals the secret to starting and scaling massively valuable companies. What entrepreneur or founder doesn’t aspire to build the next Amazon, Facebook, or… On AmazonListen on Audible - One Page Talent Management: Eliminating Complexity, Adding Value Marc Effron · 2010 4.00 from 311 ratings on Goodreads Leading and managing Hiring and culture Scaling and operations About the book A Revolutionary Approach to Talent Management You know that winning in today’s marketplace requires top quality talent. You also know what it takes to build that talent, and you spend significant financial and human resources to make it happen. Yet somehow, your company’s… On AmazonListen on Audible - The Culture Code: The Secrets of Highly Successful Groups Daniel Coyle · 2017 4.24 from 37,412 ratings on Goodreads Hiring and culture Leading and managing About the book What do Pixar, Google and the San Antonio Spurs basketball team have in common?The answer is that they all owe their extraordinary success to their team-building skills. In The Culture Code, Daniel Coyle goes inside some of the most effective organisations in the world and… On AmazonListen on Audible - Scaling Up: How a Few Companies Make It...and Why the Rest Don't Verne Harnish · 2014 4.16 from 6,229 ratings on Goodreads Scaling and operations Leading and managing About the book Winner of the 2015 International Book Awards for General Business Winner of the 2015 National Indie Excellence Award for General Business Winner of the 2015 Readers' Favorite International Book Award Gold Medal for Non-Fiction Business Winner of the 2015 Paris Book… On AmazonListen on Audible More books for founders and investors on the [Reading List](https://millionrounds.com/reading-list?role=founder&stage=scaling). As an Amazon Associate we earn from qualifying purchases. ## Quick answers about series B investors in Türkiye ### Who are the most active series B investors in Türkiye? By cheques observed, the most active are HSG, Spark Capital, Balderton Capital, QED Investors and International Finance Corporation. ### How many series B investors in Türkiye are there? 15 are on record. 87% made an investment in the last 12 months and 47% have led a round. ### Which stages do series B investors in Türkiye back? Of the rounds with a named stage in the last 12 months, mostly Series A (23%) and Series B (18%). ### How big are the rounds series B investors in Türkiye join? The typical (median) round among the leading investors here is $31M. ### Which sectors do series B investors in Türkiye back most? In the last 12 months, mostly AI, Fintech and Financial Services. ### Which series B investors in Türkiye lead the most rounds? QED Investors (31 led), Spark Capital (26 led) and Balderton Capital (22 led). ### Where are series B investors in Türkiye based? Among the most active, most are based in the United States (7), the United Kingdom (2) and the Netherlands (2). ### What have series B investors in Türkiye invested in recently? Recent rounds include Applied Compute (Other, Nov 2026, with QuantumLight), Collective (Series B, Oct 2026, with QED Investors) and Crux Labs (Seed, Oct 2026, with Pareto Holdings). Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)