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Middle East & Africa

Tech Türkiye Advocates

Istanbul, Türkiye|Est. 2019

Bridging Europe and Asia

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Launch Pad

Launching in Türkiye

A Tech Türkiye Advocates (TTA) guide for tech entrepreneurs and startups expanding into Türkiye, covering market research, visas, funding, company registration, location and business culture. It names the country's active investors, innovation hubs and official registries, and closes with 2024 investment data on the Turkish ecosystem.

Key sectors
Artificial IntelligenceFintechGaming
  1. 01
    Why Türkiye

    Straddling Europe and Asia, Türkiye combines a dynamic economy with a strategic location that opens access to European, Middle Eastern and Asian markets, which makes it a vital hub for international business.

  2. 02
    Research and plan

    Türkiye has a diverse economy. Research your target market and identify a niche where your business can excel. The guide points to Invest in Türkiye for more insight into the Turkish economy.

  3. 03
    Funding and investors

    Create a solid financial plan and explore business loans or investors. Active investors and business angel networks include 212 Ventures, Revo Capital, ScaleX Ventures, 500 Emerging Europe, Bogazici Ventures, BIC Angel Investments, Galata Business Angels and Startupfon.

  4. 04
    Investment trends

    In the first half of 2024, $587M was invested across 235 deals at seed, early and later VC stages in Türkiye. Fintech saw significant growth, with major investments in Colendi, Dgpays, Midas and Sipay.

  5. 05
    Pre-seed and diversity

    Türkiye became the second country in Europe with the highest number of pre-seed investments in the first half of 2024, largely thanks to the TÜBİTAK BiGG Fund. In the same period, 28% of investments involved women entrepreneurs, the highest rate in five years.

  6. 06
    Foreign investor activity

    In the first half of 2024, 12 of 235 investments had foreign investors. Notable names included EBRD, IFC and Mubadala Investment Company. Spyke Games raised $50M, the second most invested game startup in Europe over that period.