Updated:
Turkey Development Fund
Turkey Development Fund is an economic development agency based in Istanbul, Turkey. Established in 2019, the agency aims to invest in companies and funds.
Overview
Turkey Development Fund is an economic development agency based in Istanbul, Turkey. Established in 2019, the agency aims to invest in companies and funds.
General information
Firm type
Private Equity
Year founded
2019
Location
Region
Middle East
Country
Turkey
City
Istanbul
Corporate office
Umraniye, Istanbul, Turkey
Sector focus
Frequently asked questions
What investment stages does Turkey Development Fund target?
The firm invests from seed through late-stage expansion rounds, with particular activity in early-stage and growth equity. It also runs a co-investment model alongside corporate partners, giving it flexibility to lead or follow across the cap table. This multi-stage posture is unusual among Turkish managers, most of whom focus on a single stage band.
Which sectors does Turkey Development Fund prioritize?
Confirmed sector exposure includes enterprise software, fintech, AI and machine learning applications, mobility and transportation, and digital health. Turkey produces a high volume of engineering graduates annually, and the domestic startup ecosystem is concentrated in B2B SaaS, payments infrastructure, and logistics tech. The firm's sector tags align with these national strengths.
Profile maintained by Altss. Updated: . To correct this record or make a privacy request, send the page URL and your evidence to privacy@altss.com; corrections are free.
Need institutional-grade insight on private equity firms?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: