As the first actor investing in early-stage technology companies in Turkey;
As well as making capital investments in tech-companies, we prepare the ecosystem for new players by demonstrating the positive impact of venture capital investments on innovation and export.
As Teknoloji Yatırım, today;
By expanding the framework of our founding mission, we provide solutions to different needs in the ecosystem with our innovative tools for early and growth stage financing.
We were founded as a subsidiary of Technology Development Foundation of Turkey (TTGV) in order to make investments to the early-stage tech-companies. As Teknoloji Yatırım, we have been carrying out TTGV’s early-stage investment activities till today. Within the scope of the Teknoloji Yatırım Fund 1.0, which is designed to be evergreen, we have invested in six technology companies, two of which are still in our portfolio. TTGV’s net investment multiple for Teknoloji Yatırım 1.0 Fund is x1.2 (based on the cash injections and current net asset value). Teknoloji Yatırım 1.0 Fund’s performance multiple is x1.6 (based on the invested capital, cumulative distributions from previous exits and residual value of the portfolio).
We contributed to the formation of the first corporate experience by creating success stories in field of venture capital and we assumed a pioneering role in technology investment ecosystem in Turkey.
Today, as Teknoloji Yatırım, while maintaining the management and exit efforts of our current investment portfolio, we continue our activities by adding innovative investment and service models to our solution areas.
We make equity investments to technology companies having internationalization potential
through the Explore Investment Program.
We make co-investments and follow-on investments to technology companies at scaling and growth stages,
together with other Venture Capital Funds through TTGV1 Fund.
We offer consultancy solutions in design, implementation and management of
innovative investment tools and model.
Technology Development Foundation of Turkey (TTGV) is a public-private partnership driven by a vision for #TechnologyEmpoweredTurkey. Since 1991, TTGV supports private companies in Turkey to compete globally through technology development and innovation. TTGV defines its current role as an “ecosystem accelerator” where it aims to cultivate a richer environment with fresh input of talent and new ideas by capitalizing on its trust equity. To this end, TTGV operates a dynamic collaboration platform with robust interfaces and strong emphasis on mutual learning and co-development.
Having invested in TURKVEN and İş Private Equity in 2000, TTGV took its first steps as an investor into the VC/PE ecosystem. It joined Turkey’s first fund of funds, Istanbul Venture Capital Initiative (iVCi) as an investor in 2007. TTGV’s PE Fund investments continued with Mediterra Capital Partners II in 2016 and Taxim Capital Partners I in 2017.
TTGV develops its corporate experience and network related investment via memberships in Institutional Limited Partners Association (ILPA), Invest Europe and European Venture Philantrophy Association (EVPA).