Galata Business Angels

Individual angel members make their own investment decisions — GBA is not a pooled fund. The network centralizes deal flow screening and due diligence support, but each member chooses whether to participate, at what check size, and under what terms. Managing Director Ata Uzunhasan runs day-to-day operations and origination. Founders Emre Kurttepeli, Nevzat Aydın, Melih Ödemiş, and Sina Afra anchor the membership.

GBA sources predominantly through its founding members' reputational networks, Endeavor Turkey's entrepreneur pipeline, and TOBB's Young Entrepreneurs Supreme Board. The membership's collective exit history — Mynet, Yemeksepeti, Markafoni — makes GBA a first stop for Turkish founders raising seed rounds. EBAN and GBAN memberships provide cross-border deal access, particularly into European tech hubs with Turkish founding teams.

Neither. GBA is an angel network — a membership organization where over 50 Turkish entrepreneurs co-invest personal capital into early-stage companies. It does not operate a commingled fund and does not represent a single family's wealth. The structure is closer to a syndicate or angel group than to a venture capital firm, though the concentration of operator capital gives it venture-like scale on certain deals.

GBA focuses on pre-seed and seed rounds, typically writing first checks from $50,000 to $500,000. The network occasionally follows on in subsequent rounds, but institutional Series A capital is usually sourced from external venture firms introduced through EBAN or direct relationships. GBA does not lead rounds as a single entity; individual members co-invest alongside each other.

GBA has not publicly stated sector exclusions, but its deal history and membership expertise concentrate in consumer internet, enterprise SaaS, fintech, and mobility. The absence of deep-life-science and hardware operators in the membership suggests biotech, medical devices, and capital-intensive industrial technology are effectively out of scope for the network's angel-stage mandate.

The connection is through people, not corporate structure. Nevzat Aydın and Melih Ödemiş co-founded Yemeksepeti; Emre Kurttepeli founded Mynet. After exiting those businesses, they formed GBA as a separate entity to invest personal capital. GBA has no ownership or operational link to Yemeksepeti (now owned by Delivery Hero) or Mynet. The relationship is purely that the founders' entrepreneurial track records attract deals.

Yes. GBA syndicates angel capital alongside Turkish venture funds and occasionally international early-stage firms investing in the region. Its EBAN membership facilitates co-investments with European angel networks and seed funds. The network typically fills the earliest check portion of rounds that later attract institutional VC participation, and GBA does not require exclusivity on the deals its members invest in.