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Teknoloji ve İnovasyon Fonu

Teknoloji ve İnovasyon Fonu is a government-backed venture capital fund in Turkey, focusing on direct investments in technology-oriented startups and indirect investments through venture capital funds. It aims to enhance the entrepreneurial ecosystem and support high-tech product development.

Founded
2020
Recorded stages
Seed, Series A
Recorded regions
Türkiye

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Overview

Teknoloji ve İnovasyon Fonu (TIF) is a sub-fund of the Türkiye Kalkınma Fonu, established in 2020 with investments from the Turkish Ministry of Industry and Technology and KOSGEB. With a fund size of 475 million TL, TIF focuses on direct investments in technology-oriented startups and indirect investments through venture capital funds. The fund's mission is to bolster Turkey's entrepreneurial ecosystem by fostering the development of high value-added products and services that leverage new technologies. TIF operates under a dual-track investment model, making equity co-investments in startups and commitments to venture capital funds, thereby supporting the growth of the technology sector in Turkey.

Focus

The fund invests in technology-oriented companies that have the potential for global expansion, generate revenue, and can demonstrate positive cash flow. Eligible companies must be established in Turkey or have at least 50% of their operations based in Turkey.

Support

Teknoloji ve İnovasyon Fonu provides strategic support and funding to technology-oriented startups, helping them scale and innovate in their respective sectors.

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