Venture Capital

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Future Impact Fund

Future Impact Fund is a venture capital firm based in Istanbul, Turkey. It focuses on investing in Turkish early-stage companies. The firm has made 7...

Future Impact Fund

Future Impact Fund is a venture capital firm based in Istanbul, Turkey. It focuses on investing in Turkish early-stage companies. The firm has made 7 investments to date.

General information

Firm type

Venture Capital

Year founded

2018

Location

Region

Middle East

Country

Turkey

City

Istanbul

Corporate office

Istanbul, Turkey

Additional offices

Luxembourg

Principals

Haluk Özmen

Founding Partner

Sector focus

ClimateTechEnergy Transition & RenewablesAgriTech & FoodTechAI/MLDigital Health

Frequently asked questions

Who makes investment decisions at Future Impact Fund?

Haluk Özmen serves as the founding partner and drives the investment strategy, according to public record. The firm has not publicly disclosed a larger partnership or investment committee structure. Day-to-day sourcing and diligence likely involve Özmen and a small team operating from the dual Istanbul-Luxembourg structure.

Why is Future Impact Fund domiciled in Luxembourg rather than solely in Turkey?

Luxembourg provides a regulated fund vehicle familiar to European institutional investors, including family offices and development finance institutions. For a manager raising capital from impact-focused limited partners, the Luxembourg structure signals compliance, governance, and reporting standards that exceed those typically available from a purely Turkish-domiciled entity. It also simplifies cross-border investment across EU member states.

Does Future Impact Fund invest outside of Turkey?

Yes. The firm's dual-registration in Turkey and Luxembourg and its European fund posture suggest deal flow across Turkey and broader Europe, particularly Southern Europe. The firm has not published a geographic allocation cap, but its mandate likely includes startups in markets where Turkish technical talent or industrial relevance intersects with European sustainability demand.

What investment stages does Future Impact Fund target?

The fund concentrates on Seed and Series A rounds, a stage range typical for venture capital firms that back technology-enabled sustainability companies. This allows it to enter early enough to shape governance and impact measurement while targeting a revenue or commercial traction inflection point within a standard fund lifecycle.

How does Future Impact Fund source deals in a region with limited pure-play sustainability startups?

Haluk Özmen's background and the firm's Istanbul presence suggest sourcing from Turkey's technology universities, manufacturing-linked spinouts, and European climate accelerators. The Luxembourg office likely provides inbound from European co-investors and impact networks. No proprietary sourcing platform has been publicly articulated.

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