# VC firms based in Türkiye (2026 list) > 147 VC firms based in Türkiye, 7% active in the last 12 months. Led by APY Ventures, Aslanoba Capital, Maxis. Ranked by what they funded. Source: https://millionrounds.com/lists/vc-firms-based-in-t-rkiye (Millionrounds; every figure on the page links to its filing or article) [Investor Lists](https://millionrounds.com/lists) # VC firms based in Türkiye Updated 7 November 2026 VC firms headquartered in Türkiye. [See all 147 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fvc-firms-based-in-t-rkiye)The top 25 **147** investors on the list No change this week **38** cheques in 12 months *-15%* against the market **$1.4M** median round they joined *-83%* against the market median **7%** wrote a cheque in 12 months **1%** have led a round ## The Top 25 Ordered by cheques observed, never by anything anyone paid for Deploying now (9) - 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 [Fonbulucu](https://millionrounds.com/fund/fonbulucu) *Deploying now* VC firm · Türkiye **39** **$438K** median round **Apr 2026** last seen - 5 [Türkiye Development Fund](https://millionrounds.com/fund/turkiye-development-fund) *Deploying now* VC firm · Türkiye **37** **$1.6M** median round **Jul 2026** last seen - 6 [RePie Asset Management](https://millionrounds.com/fund/repie-asset-management) *Deploying now* VC firm · Türkiye **34** **$1.5M** median round **Apr 2026** last seen - 7 [TechOne Ventures](https://millionrounds.com/fund/techone-venture-capital) quiet VC firm · Türkiye **24** **$708K** median round **May 2025** last seen - 8 [YC](https://millionrounds.com/fund/yc) *Deploying now* VC firm · Türkiye **14** **$12M** median round **Aug 2026** 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 [212](https://millionrounds.com/fund/212) quiet VC firm · Türkiye **3** **$1.5M** median round **Jul 2013** last seen - 12 [Wingie Enuygun Group](https://millionrounds.com/fund/wingie-enuygun-group) quiet VC firm · Türkiye **3** **$270K** median round **Nov 2010** last seen - 13 [Logo Ventures](https://millionrounds.com/fund/logo-ventures) *Deploying now* VC firm · Türkiye **2** **$5.8M** median round **Apr 2026** last seen - 14 [Markafoni](https://millionrounds.com/fund/markafoni) quiet VC firm · Türkiye **2** **$2.5M** median round **Sept 2013** last seen - 15 [Omer Erkmen](https://millionrounds.com/fund/omer-erkmen) quiet VC firm · Türkiye **2** **$150K** median round **Jul 2015** last seen - 16 [TriNorth Capital](https://millionrounds.com/fund/trinorth-capital) quiet VC firm · Türkiye **2** **$600K** median round **Mar 2007** last seen - 17 [Boğaziçi Ventures](https://millionrounds.com/fund/bogazici-ventures) *Deploying now* VC firm · Türkiye **1** **$7M** median round **Jun 2026** last seen - 18 [CMZ Silver](https://millionrounds.com/fund/cmz-silver) quiet VC firm · Türkiye **1** **-** median round **Oct 2013** last seen - 19 [Diffusion Capital Partners](https://millionrounds.com/fund/diffusion-capital-partners) quiet VC firm · Türkiye **1** **$8.7M** median round **Jun 2025** last seen - 20 [Doğa Venture](https://millionrounds.com/fund/doga-venture) quiet VC firm · Türkiye **1** **-** median round **Jan 2015** last seen - 21 [Global Trust Ventures](https://millionrounds.com/fund/global-trust-ventures) quiet VC firm · Türkiye **1** **$1.2M** median round **Jul 2015** last seen - 22 [Internet Holding A.S](https://millionrounds.com/fund/internet-holding-a-s) quiet VC firm · Türkiye **1** **$250K** median round **Jan 2011** last seen - 23 [KVK](https://millionrounds.com/fund/kvk) quiet VC firm · Türkiye **1** **$16M** median round **Nov 2006** last seen - 24 [Lima Ventures](https://millionrounds.com/fund/lima-ventures) quiet VC firm · Türkiye **1** **$89K** median round **Aug 2023** last seen - 25 [Ludus Ventures](https://millionrounds.com/fund/ludus-ventures) *Deploying now* VC firm · Türkiye **1** **$49M** median round **Oct 2026** last seen **122 more on this list** All 147 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%2Fvc-firms-based-in-t-rkiye) ## The Newest Cheques Rounds this list's investors joined most recently - **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) - **1** Jul **[DefensX](https://millionrounds.com/company/defensx)** Venture · $13M *With* [Türkiye Development Fund](https://millionrounds.com/fund/turkiye-development-fund) - **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 - Venture **31%** - Seed **28%** - Pre-seed **14%** - Series A **10%** - Other **7%** - Other **10%** ## What They Backed Sectors, last 12 months - AI **13** - Gaming **3** - Big Data & Analytics **3** - Fintech **2** - Developer Tools **2** - E-commerce **2** ## Cheques by Quarter Led Joined 13 Q1 25 16 Q2 25 9 Q3 25 16 Q4 25 10 Q1 26 14 Q2 26 3 Q3 26 1 Q4 26 The last bar is the quarter still running. ## Lists Like This - [VC firms based in United States 25,936](https://millionrounds.com/lists/vc-firms-based-in-united-states) - [PE firms based in United States 19,904](https://millionrounds.com/lists/pe-firms-based-in-united-states) - [VC firms based in United Kingdom 2,451](https://millionrounds.com/lists/vc-firms-based-in-united-kingdom) - [VC firms based in China 1,473](https://millionrounds.com/lists/vc-firms-based-in-china) - [VC firms based in India 1,309](https://millionrounds.com/lists/vc-firms-based-in-india) - [VC firms based in Canada 1,211](https://millionrounds.com/lists/vc-firms-based-in-canada) - [VC firms based in Germany 1,186](https://millionrounds.com/lists/vc-firms-based-in-germany) - [PE firms based in United Kingdom 974](https://millionrounds.com/lists/pe-firms-based-in-united-kingdom) - [Incubators and accelerators based in United States 828](https://millionrounds.com/lists/incubators-accelerators-based-in-united-states) [All investor lists *→*](https://millionrounds.com/lists) ## Quick answers about VC firms based in Türkiye ### Who are the most active VC firms based in Türkiye? By cheques observed, the most active are APY Ventures, Aslanoba Capital, Maxis, Fonbulucu and Türkiye Development Fund. ### How many VC firms based in Türkiye are there? 147 are on record. 7% made an investment in the last 12 months and 1% have led a round. ### Which stages do VC firms based in Türkiye back? Of the rounds with a named stage in the last 12 months, mostly Seed (44%) and Pre-seed (22%). ### How big are the rounds VC firms based in Türkiye join? The typical (median) round among the leading investors here is $1.2M. ### Which sectors do VC firms based in Türkiye back most? In the last 12 months, mostly AI, Gaming and Big Data & Analytics. ### What have VC firms based in Türkiye invested in recently? Recent rounds include Flow Games (Oct 2026, with Ludus Ventures), HappyRobot (Series C, Aug 2026, with YC) and EELI Technology (Pre-seed, Jul 2026, with APY Ventures). ### How is this list of VC firms based in Türkiye 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 147 VC firms based in Türkiye? The top 25 are here. All 147 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)