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The Venture Codex

Istanbul Technical University ARI Teknokent

Reşitpaşa Mah. Katar Cad. No:4 İç Kapı No:1101, Sarıyer, Istanbul, 34467, Turkey

Overview

ITUARI Teknokent is an organization that is designed to provide an academic infrastructure from which the businesses can benefit. The advantages of the company are synergy environment for advanced technologies, competitive power in collaboration, clustering for rapid development, center of information, and consultancy system. Physical and social facilities of the organization are laboratory and research centers, ITU continuous education center, ITU information technologies department educational programs, central library, accommodation, and food facilities. ITUARI Teknokent is based in Turkey.

Total investments
2
Lead investments
0
Investments · 12mo
2
Active investors
3

Sector focus

  • Business Development
  • Business Intelligence
  • Infrastructure
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Investment portfolio

  • Lumnion

    Participated · Equity · Apr 2026

    Founded in 2020, Lumnion builds machine learning and AI algorithms for insurance use cases such as risk modeling, pricing and cash-flow forecasting. Its software is already integrated into operational processes at multiple large insurers in Turkey and internationally. The company emphasizes partner-led go-to-market relationships and lists integrations with global firms such as EY and SAP Fioneer to support enterprise compatibility and scalability. Lumnion plans to use recent funding to accelerate product development and expand operations in GCC and MENA markets while deepening its commercial presence in Europe. Management frames the company's value proposition as enabling faster and more accurate, data-driven decision-making compared with traditional methods. Financially, the company has now raised a total of $2.5 million following the completed bridge round.

  • CranioCatch

    Participated · Equity · Nov 2025

    CranioCatch builds a Dental Intelligence Platform that delivers AI-assisted diagnostic analysis, treatment planning, educational support and imaging interpretation for dentists. The cloud-based solution is already in use by clinics and training programs both in Turkey and overseas. Management says its vision is to enable “more intelligent, faster and accessible dentistry,” and the company is now concentrating on dental radiology and clinical decision-support modules. Fresh funding will accelerate global distribution, speed up R&D and support the creation of additional product features. Although specific revenue or user figures were not disclosed, the firm’s recent traction abroad indicates early international adoption. The latest capital injection also marks a key milestone in CranioCatch’s international growth strategy.

Team

  • Deniz Tuncalp

    CEO

    LinkedIn
  • Attila Dikbaş

    Chief executive officer

  • Yunis İsmayıl, PhD

    LinkedIn