iLab Ventures

iLab focuses on early-stage and growth-stage venture capital, typically leading or co-leading Series A and Series B rounds for Turkish technology companies. The firm occasionally participates in seed rounds and follow-on investments. Its stage focus reflects the capital needs of regional startups scaling from product-market fit to regional expansion.

The firm invests primarily in consumer internet, fintech, enterprise software, and digital marketplace companies. iLab's portfolio reflects the sectors where Turkish founders have built regional leadership, including payments, e-commerce, and SaaS platforms. The firm has historically avoided capital-intensive industries like hardware or deep tech.

iLab invests primarily in companies headquartered in Turkey, though many portfolio companies expand into Europe, the Middle East, and North Africa. The firm's deal flow concentrates on Istanbul's tech ecosystem. It has co-invested with European and Gulf-based funds that bring additional geographic reach to portfolio companies.

iLab operates as an independent venture capital firm, not a corporate venture arm or government-linked fund. Its capital base comes from private limited partners, distinguishing it from the corporate venture programs that have been prominent in the Turkish market. Specific LP identities are not publicly disclosed.

iLab has been active since 2000, making it one of the longest-operating independent venture firms in Turkey. The firm has backed multiple companies through to later-stage rounds led by international investors. Specific return metrics and fund sizes are not publicly reported.