
212
Description
212 is a prominent early-stage venture capital firm based in Istanbul, Turkey, with a strategic presence in Doha and San Francisco. The firm primarily focuses on technology companies within Emerging Europe, encompassing Turkey, Eastern Europe, and the MENA region. 212 positions itself as a crucial bridge between these dynamic emerging markets and global innovation hubs, particularly Silicon Valley. Their investment thesis centers on identifying and nurturing high-growth potential startups that are poised for international expansion, leveraging their unique geographic footprint to facilitate cross-border opportunities.
The firm's approach extends beyond capital provision, emphasizing deep operational support and extensive network access for its portfolio companies. 212 actively works with founders to refine their strategies, scale their operations, and navigate the complexities of global markets. By maintaining offices in both Istanbul and San Francisco, 212 offers a distinct advantage, enabling seamless integration for companies looking to access Western markets and expertise, while also providing a gateway for global investors seeking opportunities in Emerging Europe. This dual presence underscores their commitment to fostering a vibrant diaspora network and expanding the reach of their portfolio.
212 typically invests in Seed and Series A rounds, with initial checks ranging from $250,000 to $1,000,000. They also possess significant follow-on capacity to support their portfolio companies through subsequent funding rounds. Since its inception, 212 has successfully raised over $100 million across its various funds, demonstrating substantial financial backing for its investment activities. The firm has built a diverse portfolio, having invested in more than 20 companies across over 10 different industries, reflecting a broad interest in sectors ripe for technological disruption within their target regions.
Investor Profile
212 has backed more than 32 startups, with 4 new investments in the last 12 months alone. The firm has led 13 rounds, about 41% of its total and boasts 3 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series A, Seed, Series B rounds (top funding stages).
- Majority of deals are located in United States, Turkey, United Kingdom.
- Strong thematic focus on Artificial Intelligence (AI), SaaS, Software.
- Led 2 rounds in the past year.
- Typical check size: $250K – $1M.
Stage Focus
- Series A (34%)
- Seed (25%)
- Series B (16%)
- Convertible Note (6%)
- Pre Seed (6%)
- Series D (3%)
- Secondary Market (3%)
- Series Unknown (3%)
- Series C (3%)
Country Focus
- United States (38%)
- Turkey (38%)
- United Kingdom (13%)
- Qatar (3%)
- Hungary (3%)
- Canada (3%)
- United Arab Emirates (3%)
Industry Focus
- Artificial Intelligence (Ai)
- Saas
- Software
- E-commerce
- Information Technology
- Payments
- Machine Learning
- Food Delivery
- Productivity Tools
- Human Resources
Frequently Asked Questions
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