InvestorStrategic corporate capital for innovative ventures.
Where startups are forming across Turkey: the cities, accelerators and investors, and how you get close to them.
KPMG and 212 counted 331 Turkish startup deals in 2024, reporting $2.6 billion in deal volume that included acquisitions; acquisitions accounted for 58% of that volume. Their figures distinguish transaction volume from venture financing alone.
Startup Genome reported $589 million in Turkish startup funding across 306 deals in 2025. Separately, its Istanbul profile reports $6.3 billion of tech VC funding for 2021–2025 and $614 million in seed and Series A funding for H2 2023–2025; these figures describe different geographies and periods.
İSTKA’s Istanbul mapping reports 595 active fintech startups and $197 million in fintech funding in 2025. It also counts 660 active AI startups, 68% of which it says were founded after 2020; Startup Genome separately reports that AI deals represented one in four Turkish investments in 2025.
As of . Official information. Source: The State of Istanbul Startup Ecosystem 2025: Start, Grow and Go Global from Istanbul; Startup Genome Ecosystem Profile: Istanbul
The 2024 KPMG and 212 review counted 280 seed deals among 331 Turkish startup deals. Its reported total volume included acquisitions, which represented 58% of the volume, so the total should not be read as venture investment alone.
As of . Official information. Source: Turkish Startup Investments Review Q4 2024
Startup Genome reports $6.3 billion in Istanbul tech VC funding for 2021–2025 and $614 million in seed and Series A funding for H2 2023–2025. İSTKA’s city mapping counts 595 active fintech startups and 660 active AI startups, providing separate agency-reported measures of Istanbul’s sector activity.
As of . Official information. Source: Startup Genome Ecosystem Profile: Istanbul; The State of Istanbul Startup Ecosystem 2025: Start, Grow and Go Global from Istanbul
Ankara Development Agency’s June 2026 event recap attributes $331 million in venture investment to Ankara-based ventures during 2018–2025 and $41 million to 2025. The agency also reports 21 universities, 14 technoparks and 18 technology transfer offices in Ankara.
As of . Official information. Source: Ankara Girişim Ekosistemi Raporu Değerlendirme Toplantısı ve Paneli Gerçekleştirildi
Teknopark İzmir says it was established at IZTECH in 2002 and began activities in 2004. These dates describe the park’s establishment and operational start, respectively.
As of . Official information. Source: Teknopark İzmir | Tech Together
Kaspi reports that it completed its acquisition of 65.41% of Hepsiburada’s outstanding shares on January 29, 2025, for approximately $1.127 billion. The reviewed claims do not establish Hepsiburada’s founding location or current headquarters.
As of . Official information. Source: Kaspi.kz Completes Acquisition of Controlling Interest in Hepsiburada
Zynga announced a definitive agreement to acquire Peak in 2020, valuing the company at $1.8 billion. The cited announcement establishes an agreement, not its completion; the reviewed claims do not establish Peak’s current headquarters.
As of . Official information. Source: Zynga Enters Into Agreement to Acquire Istanbul-based Peak, Creator of Top Charting Mobile Franchises Toon Blast and Toy Blast
For Istanbul, reviewed figures give founders separate reference points for fintech, AI and early-stage funding, but the counts and funding totals come from different publishers and scopes. Ankara and İzmir have distinct technology-park and research infrastructure, with institutional histories and agency-reported indicators that can help founders identify regional options.
As of . Source: Startup Genome Ecosystem Profile: Istanbul; The State of Istanbul Startup Ecosystem 2025: Start, Grow and Go Global from Istanbul; Ankara Girişim Ekosistemi Raporu Değerlendirme Toplantısı ve Paneli Gerçekleştirildi; Teknopark İzmir | Tech Together; Türkiye’nin Teknokenti: ODTÜ TEKNOKENT
The 2024 transaction total requires separating acquisition volume from financing: KPMG and 212 attribute 58% of reported deal volume to acquisitions. Startup Genome’s 2025 national funding and deal figures and its multiyear Istanbul funding totals offer additional, but differently scoped, reference points.
As of . Source: Startup Genome Ecosystem Profile: Istanbul; Turkish Startup Investments Review Q4 2024
The reported Istanbul and Türkiye figures vary by publisher, geography, period and measure: Startup Genome’s Istanbul profile gives a national 2025 funding total and deal count alongside Istanbul-specific funding figures, while İSTKA reports Istanbul fintech and AI counts. These measures should be kept attributed and scoped rather than treated as one unified dataset.
As of . Source: Startup Genome Ecosystem Profile: Istanbul; The State of Istanbul Startup Ecosystem 2025: Start, Grow and Go Global from Istanbul
Startup ecosystem standing
| Ranking | Edition | Listed as | Position | Since last edition | Trust | What it measures |
|---|---|---|---|---|---|---|
| 2019 | Turkey | #33 | Up 3 | B | Innovation, Research | |
| Doing Business 2020 | Turkey | #33 | Up 10 | B | Business Climate | |
| 2025 | Türkiye | #39 | No prior edition | B | Ecosystem, Activity, Finance, Business Climate | |
| 2025 | Turkey | #43 | Down 6 | A | Innovation, Competitiveness, Research, Talent | |
| 2026 | Türkiye | #57 | Down 4 | B | Competitiveness, Business Climate, Performance |
274 organizations with a profile
InvestorStrategic corporate capital for innovative ventures.
InvestorInvestment and advisory services in Turkey.
InvestorEmpowering the next generation of entrepreneurs in Turkey.
The 3 most prominent of 149. Browse all investors
IncubatorEmpowering technology-driven startups.
IncubatorEmpowering startups in Istanbul.
IncubatorFostering innovation and technology development.
The 3 most prominent of 45. Browse all incubators
AcceleratorArya Investment Platform is Turkey's first women-focused investment platform, established in 2013. It promotes gender balance in investments and…
AcceleratorTech Istanbul is an organization based in Istanbul, Turkey, dedicated to fostering entrepreneurship and innovation through various programs and…
AcceleratorSupporting young entrepreneurs and technology startups.
The 3 most prominent of 42. Browse all accelerators
Venture studioEmpowering digital transformation in Turkey.
Venture studioGlobal innovation and transformation hub for startups and corporations.
Venture studioTurkey's first fintech venture builder.
The 3 most prominent of 38. Browse all venture studios
Pick what describes you
Investors based here, and the programs that take teams at your stage.
Get investor introsAccelerators and incubators here see the earliest teams first.
Get startups that fitCampuses and communities are where teams form before anyone funds them.
Start scoutingIts best position is #33 in Bloomberg Innovation Index (2019). It appears in 5 published rankings; the table above lists each one.
149 investors based in Turkey have a profile here, including Eksim Holding, ÜNLÜ & Co and Türkiye Entrepreneurship Foundation. The real number is higher.
Yes. Turkey has 42 accelerators, 45 incubators and 38 venture studios on record, including Arya Investment Platform, İTÜ Çekirdek and iLab.
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