• PhiTech Bioinformatics

  Participated · Equity · Apr 2026

  PhiTech operates a clinical decision-support platform called G&M (Genomik ve Dahası) that simultaneously analyzes patients’ DNA (genomic) and RNA (transcriptomic) sequencing data to produce actionable results for hospitals, genetic diagnostic laboratories and pharmaceutical companies. The platform aims to increase diagnostic yield in complex cases where DNA-only tests are insufficient, and the company reports that many previously undiagnosed patients in Turkey reached correct diagnoses using its system in the past year. PhiTech maintains its research and development center in Turkey and has offices in the United States and the Netherlands, while pursuing international patent applications for its software. With the newly raised $2.4 million, the company plans to broaden market adoption of its rare-disease solutions and finalize research programs for cancer-directed products. Founding scientific leaders include Dr. Saliha Durmuş, Prof. Dr. Tunahan Çakır and Prof. Dr. Erdoğan Sevilgen.

• Kavaken

  Participated · Seed · Jul 2024

  Kavaken offers AI-powered SaaS tools for the renewable energy sector that measure and analyze asset metrics, optimize maintenance operations, and improve production forecasts. Its platform supports predictive maintenance to prevent faults and performs sectoral analyses to compliant standards without relying on complex Excel files or SCADA screens. The company emphasizes monitoring and optimizing maintenance workflows to boost asset output and reliability. Founded by Bora Tokyay and Murat Yilmaz, Kavaken targets energy companies seeking automated analytics and operational efficiency. The business plans to use new capital to expand its presence across the UK and European markets and to advance product development. The article does not disclose revenue or user metrics.

• Yenir

  Participated · Equity · Feb 2024

  Yenir, founded in 2020 by Servet Akdoğan and Dolunay Kaplan, rescues products removed from retail and production channels due to date, seasonality, or packaging damage and sells them at discounts. The company has sold items across categories including food, cleaning, cosmetics and electronics via a mobile app for two years and in November opened Turkey’s first circular market. With its new physical store Yenir aims to offer roughly 10,000 products daily to consumers at discounts ranging from 15–90%. After completing a new financing at a $5 million valuation, the startup plans to increase the number of circular markets in major Turkish cities in 2024 to drive environmental and economic sustainability. The company says it will pursue international expansion to Europe in 2025 while prioritizing metropolitan areas with high waste levels. Yenir emphasizes the social and financial impact of its model and intends to scale that impact through additional store openings.

• ERG Controls

  Participated · Seed · Jan 2024

  ERG Controls builds YIKA, a patent-backed, AI-supported product that tracks hand-hygiene activities via wearable badges and sensors. The system monitors hospital staff and is also positioned for food production facilities, restaurants, and pharmaceutical manufacturing. The company says it aims to eliminate around 50% of health-threatening risks tied to hand hygiene. ERG Controls was founded in 2020 by Batuhan Ergör and Mehmet Ergör and graduated from the Acıbadem Incubation Program and MigrosUP in 2021. Prior to the raise the team numbered 14 people; with the investment they plan to grow the team and strengthen their global footprint. Legal support for the round was provided by Aylin Sahin, Ph.D. and the Igniters Tech Law team.

• Fazla Gıda

  Participated · Equity · Jun 2023

  Fazla raised USD6m in funding at a valuation of USD43m. Backers included Technology Development Foundation of Turkey (TTGV), Turkey Development Fund, Founder One and angel investors under the leadership of Esor Investments Holding GmbH and 212. The company said it will use the funds to continue to expand operations, grow its business reach globally, and support development efforts. Founded in 2016 by Olcay Silahlı and Arda Eren and based in Istanbul, Fazla provides technology-based holistic waste management solutions to prevent waste generation at the source and ensure recycling into a circular economy. It offers solutions to stakeholders across the supply chain, including manufacturers, distributors, retailers, the food and beverage industry and individual consumers. Fazla emphasizes delivering the highest environmental, social and economic benefits through waste reduction and management. Fazla Gida is an Istanbul-based foodtech startup operating a centralized cloud platform to help food companies manage unsold inventories and maximize returns via resale, donations, animal-feed reuse, or recycling. The company analyzes and classifies surplus using the Food Recovery Hierarchy model and cross-references classified surplus with ecosystem partners—secondary sales, animal-feed and biogas players—with end-to-end traceability. It works with multinational clients including Migros, Metro, Nestle, Pepsi and Danone. Founded in 2017, Fazla Gida was recognized by Techstars and the Metro Accelerator Berlin program and is one of nine global organizations to receive direct UN support via its development programme. Operational metrics reported include saving over 19,000 tons of food, preventing more than 62,000 tons of carbon emissions, and completing more than 70,000 transactions on its platform. Financially, including today’s €2.5 million funding round the firm has accumulated just over €3.4 million in total funding.

No current team members are available.