Heaventures

Ercan Demir serves as Managing Partner and the central investment decision-maker. He founded the firm and maintains authority over capital deployment. The investment committee is lean by design, with Demir working alongside a small group of venture partners who bring operator backgrounds from exited Turkish technology companies.

The firm sources primarily through Demir's direct network within Turkey's technical founder community and university-affiliated startup pipelines. Its non-hierarchical venture partner structure provides early visibility into companies emerging from Ankara, Istanbul, and İzmir technical ecosystems before those founders typically engage pan-European funds.

Heaventures focuses on seed and pre-Series A rounds, leading or co-leading initial institutional checks for Turkish and regional technology companies. The firm reserves follow-on capital for breakout performers, maintaining concentrated positions rather than spraying small checks across a broad index.

The firm has not disclosed formal exclusionary screens, but its portfolio construction indicates avoidance of capital-intensive industries such as hard infrastructure, deep biotech requiring lengthy FDA pathways, and heavy manufacturing. Heaventures concentrates exclusively on asset-light software and technology-enabled service models.

Heaventures operates exclusively through direct equity investments in operating companies. The firm has not indicated any fund-of-funds allocation activity or LP commitments to external venture managers, maintaining a pure direct-investment posture consistent with its concentrated, high-touch operator model.