Discover if this is a suitable investor for your startup. If they are we'll make a warm introduction for free. Otherwise, we'll connect you with matching investors.
Techmine Girişim Sermayesi Yatırım Ortaklığı (GSYO) was established on July 2, 2021, with an initial capital of 50 million TL, approximately $5 million. The firm received its establishment permission from the Capital Markets Board of Turkey (SPK) on June 8, 2021. Based in Maslak, Istanbul, Turkey, Techmine focuses on investing in companies that develop innovative and disruptive technologies with significant growth potential.
As of now, Techmine manages a portfolio of four companies and operates primarily in Europe and Asia. The firm aims to support startups that have progressed beyond initial development stages and require capital for growth. Techmine's approach combines financial investment with strategic guidance, leveraging the expertise of its board members to enhance the potential of its portfolio companies.
Techmine Girişim Sermayesi invests across various sectors, including Financial Technology, Creative Technology, Health Technology, Digital Transformation Technologies, E-commerce, Gaming, and Artificial Intelligence. The firm targets companies that have demonstrated their technology and are seeking capital for further growth. Investment stages include Seed, Seed+ (Extension), and Series A.
The check size for investments typically starts at $500,000 and can go higher, depending on the needs of the portfolio companies. Techmine emphasizes the importance of providing not just financial support but also strategic guidance to help its portfolio companies navigate their growth journeys effectively.
Techmine's portfolio includes four notable companies:
These companies represent Techmine's commitment to investing in innovative technologies that have the potential to disrupt their respective markets.
Berrin Önder: Chairperson of the Board, brings extensive experience in venture capital and strategic management.
İbrahim Zafer Say: Vice Chairperson and General Manager, has a strong background in finance and operations, overseeing the firm's strategic direction.
Burak Müjdeci: Board Member, specializes in technology investments and has a track record of successful startup engagements.
Kamil Melih Önder: Board Member, focuses on market analysis and growth strategies for portfolio companies.
Serdar Raşit Alemdar: Board Member, brings expertise in financial technology and digital transformation.
Aylin Aysay: Executive Committee Member and CFO, responsible for financial oversight and strategic financial planning.
To pitch to Techmine, founders should send their proposals via email to info@techmine.com.tr. It is essential to include a comprehensive deck that outlines the business model, market opportunity, and financial projections. Techmine prefers well-structured pitches that clearly convey the startup's vision and growth strategy.
Response times may vary, but founders can generally expect feedback within a few weeks. Warm introductions are beneficial but not mandatory.
As of March 2023, Techmine Girişim Sermayesi Yatırım Ortaklığı continues to expand its portfolio, focusing on innovative technology startups in Turkey and beyond. The firm has recently made investments in companies specializing in AI and fintech, aligning with its strategic focus on high-growth sectors.
In addition, Techmine is actively seeking new opportunities to support startups that demonstrate significant growth potential and innovative solutions.
What are Techmine's investment criteria?
Techmine focuses on investing in companies that develop innovative and disruptive technologies with high growth potential. They look for startups that have progressed beyond initial development stages and can demonstrate their technology.
How can I apply or pitch to Techmine?
Founders can pitch their ideas to Techmine by sending an email to info@techmine.com.tr. It is advisable to include a detailed business plan and financial projections in the pitch.
What makes Techmine different from other venture capital firms?
Techmine combines financial investment with strategic guidance, leveraging the expertise of its board members to enhance the growth potential of its portfolio companies.
What is Techmine's geographic scope?
Techmine primarily operates in Europe and Asia, focusing on startups within these regions.
What is the typical fund size and check size for investments?
Techmine has a fund size of approximately $5 million, with check sizes starting at $500,000 and potentially higher based on the needs of the startups.
What kind of post-investment involvement does Techmine have?
Techmine provides strategic guidance through its experienced board members, in addition to financial support, to help portfolio companies navigate their growth challenges.
All trademarks, logos and brand names are the property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks, and brands does not imply endorsement.