Türkiye Development Fund

Established in 2020, the Türkiye Development Fund is a government-backed initiative aimed at fostering the growth of high-potential technology ventures within Turkey. The fund operates as a fund of funds, committing capital to various venture capital and private equity funds that invest in technology-focused startups and businesses with significant growth potential. Its primary objective is to stimulate innovation and economic development by providing financial support to emerging companies in the technology sector.

The fund's investment strategy encompasses a broad spectrum of stages, including seed, Series A, and growth stages, as well as pre-seed and Series B rounds. This approach ensures comprehensive support for startups at different phases of their development. Geographically, the fund focuses exclusively on Turkey, aiming to strengthen the domestic technology ecosystem and contribute to the country's economic advancement. The fund's asset class focus includes venture capital and private equity, reflecting its commitment to supporting innovative and scalable business models.

As of October 2024, the Türkiye Development Fund has made investments in multiple companies and funds, demonstrating its active role in the Turkish investment landscape. The fund's portfolio spans various industries, including technology, fintech, sustainability, and manufacturing, highlighting its diverse investment interests. By providing capital to both direct investments and other funds, the Türkiye Development Fund plays a pivotal role in enhancing the growth and competitiveness of Turkey's technology sector, aligning with the government's objectives of economic diversification and innovation-driven growth.