
Boğaziçi Ventures
Description
Boğaziçi Ventures is an Istanbul-based venture capital firm with a strong focus on early-stage technology companies. The firm positions itself as an investor in disruptive innovation, seeking out startups with high growth potential and scalable business models. Their investment thesis spans a wide array of sectors, including FinTech, Software-as-a-Service (SaaS), Artificial Intelligence (AI), Web3, Gaming, HealthTech, and DeepTech, demonstrating a broad appetite for technological advancements across various industries. They aim to support companies that are not only innovative but also have the ambition and capability to achieve global reach.
The firm typically provides initial investment tickets ranging from $250,000 to $2,000,000, catering to the capital needs of nascent but promising ventures. Beyond the initial capital injection, Boğaziçi Ventures is prepared to offer follow-on investments, potentially committing up to $5,000,000 per company as they mature and require further funding rounds. This approach indicates a long-term commitment to their portfolio companies, supporting them through various stages of growth.
Boğaziçi Ventures manages significant capital, notably through its BV Growth Fund I, which has a size of $50 million, and its BV Growth Fund II, which commands $100 million. Cumulatively, the firm's assets under management (AUM) stand at $150 million, underscoring its substantial financial capacity. Since its inception, Boğaziçi Ventures has built a diverse portfolio, having made over 35 investments in companies that align with their vision of fostering technological disruption. Their strategic location in Istanbul provides them with a gateway to the vibrant Turkish startup ecosystem while also looking for opportunities with international potential.
Investor Profile
Boğaziçi Ventures has backed more than 59 startups, with 7 new investments in the last 12 months alone. The firm has led 33 rounds, about 56% of its total and boasts 0 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Pre Seed, Series Unknown rounds (top funding stages).
- Majority of deals are located in Turkey, United Kingdom, United States.
- Strong thematic focus on Artificial Intelligence (AI), Software, Gaming.
- Led 3 rounds in the past year.
- Typical check size: $250K – $2M.
Stage Focus
- Seed (76%)
- Pre Seed (15%)
- Series Unknown (5%)
- Series A (3%)
Country Focus
- Turkey (78%)
- United Kingdom (7%)
- United States (5%)
- United Arab Emirates (3%)
- Estonia (2%)
- Russian Federation (2%)
- Sweden (2%)
- South Korea (2%)
Industry Focus
- Artificial Intelligence (Ai)
- Software
- Gaming
- Video Games
- Casual Games
- Information Technology
- Machine Learning
- Internet
- Pc Games
- Analytics
Frequently Asked Questions
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