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Turkey Development Fund — Portfolio

Investor actively backing innovative startups and growth-stage companies across various industries and funding rounds.

54
Companies
$98.3M
Total invested
$2.1M
Avg. check
69
Industries
Software 8Artificial Intelligence (AI) 7Information Technology 5SaaS 5Biotechnology 3Life Science 3+63 more
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Portfolio companies

Showing 124 of 54
Veloxia
August 2023

Veloxia develops mobile games for casual players across simulation and strategy genres.

Gaming · Istanbul$950K Seed
Nanomik Biotechnology
August 2025

Developing patented biodegradable microencapsulation technology delivering biological protection across industries.

AgTech · Istanbul$1.5M Grant
Appsilon Enterprise
July 2023

Appsilon Enterprise is a deep tech company that recreates the earth's process to grow single crystalline diamonds in the lab.

Advanced Materials · Delft$1.0M Convertible Note
DefensX
July 2026

DefensX turns any browser into a secure workspace

Cyber Security · New York$12.7M Venture - Series Unknown
Webee
July 2024

WeBee is a guest engagement platform that creates a digital bridge between hoteliers and guests to maximize guest satisfaction.

Cloud Management · Esenler$300K Venture - Series Unknown
Figopara
July 2023

Figopara is a fintech firm that provides supply chain finance solutions to secure invoice sharing and early payment access for suppliers.

Finance · Besiktas$1.3M Convertible Note
Idenfit
May 2025

Idenfit is a cloud-based human resources and workforce management software company that manages employees and operations in firms.

Human Resources · IstanbulVenture - Series Unknown
Virasoft
May 2025

Virasoft is an IT firm that specializes in digital pathology and artificial intelligence for cancer diagnosis and research.

Artificial Intelligence (AI) · New YorkVenture - Series Unknown
Viseur AI
May 2026

AI-powered medical imaging platform enabling hospitals and labs to deploy and scale digital pathology and radiology workflows.

Artificial Intelligence (AI) · Ankara$350K Seed
ORION TWIN
May 2025

Orion Twin provides AI-powered solutions for fashion production without the need for physical photoshoots or hiring models.

Artificial Intelligence (AI) · Istanbul$300K Pre-Seed
Hardal
May 2026

Clarify your data. Measure more conversions.

Analytics · Wilmington$1.6M Seed
Adatech Engineering
March 2024

Adatech is a technology company that specializes in industrial automation, low current systems, and energy monitoring solutions.

Energy Management · Pendik$10.0M Series A
Eatron Technologies
February 2024

AI-powered battery management software layer for better, safer and greener batteries

Artificial Intelligence (AI) · WarwickCorporate Round
Gesund
February 2024

Gesund is a technology company that operates a platform to audit and validate medical AI solutions for safety, effectiveness, and equity.

Artificial Intelligence (AI) · CambridgeNon-equity Assistance
Milvus Robotics
May 2025

Milvus Robotics is an automation company that develops autonomous mobile robots to work alongside human workers.

Artificial Intelligence (AI) · Etimesgut$4.5M Venture - Series Unknown
Fazla Gıda
March 2025

Fazla Gıda is a software company that provides technology solutions for waste management and recycling.

Food Delivery · IstanbulVenture - Series Unknown
LIVZYM Biotechnology
July 2024

LIVZYM Biotechnology is a research company that offers strain development and industrial scale fermentation optimization services.

Biotechnology · Istanbul$11.0M Seed
Delivers.AI
June 2024

Delivers.AI is a software company that designs ways to autonomously deliver food, groceries, and parcels from shops to doorsteps.

Artificial Intelligence (AI) · Warwick$3.0M Seed
Odeal
November 2023

Oedeal is an online payment service company that provides curated financial solutions for local entrepreneurs.

Apps · Sariyer$6.0M Venture - Series Unknown
Zaxe
September 2023

Zaxe is a printing technology company that designs and manufactures 3D printers and accessories for industrial applications.

3D Printing · Kagithane$2.2M Venture - Series Unknown
Beam Technology
April 2023

Beam Technology is an IT company that specializes in outsourced software testing, cybersecurity, and compliance solutions.

Cloud Security · aankaya$1.5M Series A
Wask
March 2023

Wask is a digital marketing and advertising SaaS platform that allows people to manage social media and google ads.

Advertising Platforms · Istanbul$2.4M Seed
Flowla
January 2026

One smart deal room. Infinite Al-powered workflows.

Marketing Automation · London$2.5M Seed
Mükellef
December 2025

Mükellef is a fintech company that provides financial services, digital transformation, and accounting services.

Accounting · IstanbulVenture - Series Unknown

Where Turkey Development Fund invests

Software8
Artificial Intelligence (AI)7
Information Technology5
SaaS5
Biotechnology3
Life Science3

About Turkey Development Fund's portfolio

How many companies has Turkey Development Fund invested in?

Turkey Development Fund has invested in 54 companies tracked in our database. The portfolio spans multiple industries and funding stages, from seed-stage startups to late-stage companies.

What industries does Turkey Development Fund invest in?

Turkey Development Fund's top investment sectors include Software, Artificial Intelligence (AI), Information Technology, SaaS, Biotechnology. The firm invests across 69 different industry categories.

What is Turkey Development Fund's largest investment?

Among tracked funding rounds, DefensX received $12.7M in a Venture - Series Unknown round. Turkey Development Fund's total known invested capital is $98.3M.

What is the average investment size for Turkey Development Fund?

Turkey Development Fund's average investment size is $2.1M across its portfolio of 54 companies.

What are Turkey Development Fund's most recent investments?

Recent Turkey Development Fund portfolio additions include Veloxia, Nanomik Biotechnology, Appsilon Enterprise, DefensX, Webee. These companies were founded in 2020 or later.

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