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The Venture Codex

Vestel Ventures

Esentepe, Büyükdere Cd. No:199, Şişli, Istanbul, 34394, Turkey

Overview

Vestel Ventures is the corporate investment company of Vestel Group of Companies.

Total investments
9
Lead investments
2
Investments · 12mo
1
Active investors
2

Sector focus

  • Finance
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Investment portfolio

  • Mindsite

    Participated · Equity · Jan 2026

    Founded in 2019, Mindsite provides infrastructure that aggregates data from more than 500 retailers across 20+ countries, turning those insights into actionable recommendations for e-commerce teams. Its toolkit already includes Masterdata Agent, Growth Agent and Review Sentiment Analysis, and the company is now building a new AI agent designed to automate decision-making and execute actions in the field. Enterprise customers such as Colgate, Unilever, Arçelik, Watsons, Migros and Eczacıbaşı use the platform to monitor and manage digital shelf operations. Mindsite currently operates offices in the United Kingdom and Indonesia and intends to open new locations in Malaysia, Australia, the United Arab Emirates, Saudi Arabia and Brazil. The team also plans to pursue strategic acquisitions to expand its product capabilities and regional reach. With the latest capital injection, the company will continue scaling its global organization and accelerate development of AI-agent-based products.

  • 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.

  • PhiTech Bioinformatics

    Participated · Seed · Mar 2024

    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.

  • BRANDEFENSE

    Participated · Series A · Dec 2023

    Brandefense develops advanced, artificial-intelligence-driven cybersecurity products that help organizations detect and manage digital threats in real time. Its platform concentrates on digital risk protection, brand and reputation security, and broader cyber-defense capabilities as attack surfaces rapidly expand. The company emphasizes a strong engineering culture, a clear product vision, and highly scalable technology designed for global markets. Brandefense’s solutions aim to give enterprises timely insights and automated responses to an ever-growing variety of online threats. Yapay Zeka Fabrikası describes the startup as a deep-tech player with the potential to become a permanent global competitor in cybersecurity. With AI reshaping defensive postures, the investor believes Brandefense can capitalize on this paradigm shift and scale internationally.

  • Rierino

    Led · Seed · Jul 2023

    Rierino provides a low-code micro-service development platform for ecommerce that combines composable commerce, embedded intelligence, and low-code/no-code capabilities in a plug-and-play setup. Its technology is designed to let users build ecommerce systems without the expense or deep technical expertise of a dedicated engineering team. The company highlights hyper-flexible solutions that adapt to companies' internal strategy, competition, and customer drivers. Rierino was founded in 2020 by Berkin Ozmen, Utku Sarioz, and Mine Ozmen and is based in Istanbul. The startup intends to use its recent funding to accelerate growth and expand further into Europe. Investors and management emphasize the founders' experience and the product's high growth potential.

Team

  • Ege Ertem

    Chief Executive Officer & Board Member

  • Öner Tekin

    General Manager

    LinkedIn