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APY Ventures

Europe, Istanbul, Turkey, Istanbul

Description

APY Ventures is an Istanbul-based venture capital firm established in 2021, dedicated to investing in early-stage technology startups. Operating primarily within the Turkish ecosystem, the firm focuses on Pre-Seed and Seed rounds, aiming to identify and nurture promising ventures with high growth potential. While sector-agnostic, APY Ventures demonstrates a keen interest in scalable technology solutions across various industries, including but not limited to SaaS, fintech, and e-commerce. Their strategic location in Istanbul positions them at the heart of a burgeoning startup scene, allowing them to closely engage with local talent and innovation.

The firm's investment philosophy extends beyond mere capital injection. APY Ventures prides itself on being a hands-on partner, providing strategic guidance, mentorship, and access to a robust network of industry experts and potential follow-on investors. This approach is designed to help founders navigate the challenges of early-stage growth, refine their business models, and accelerate market penetration. They seek founders with strong vision, execution capabilities, and a deep understanding of their target markets, fostering a collaborative environment to maximize startup success.

As of early 2024, APY Ventures has actively built a diverse portfolio, having made approximately 13 investments in various promising startups. Their typical first cheque size for initial investments ranges from $50,000 to $250,000, reflecting their commitment to supporting companies at their nascent stages. This range allows them to back a broad spectrum of early-stage ventures, from those just beginning to validate their concepts to those seeking to scale their initial product. The firm continues to be a significant player in the Turkish venture capital landscape, contributing to the development and internationalization of local tech innovation.

Investor Profile

APY Ventures has backed more than 69 startups, with 10 new investments in the last 12 months alone. The firm has led 27 rounds, about 39% of its total and boasts 0 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series Unknown, Pre Seed rounds (top funding stages).
  • Majority of deals are located in Turkey, United States, United Kingdom.
  • Strong thematic focus on Software, Artificial Intelligence (AI), SaaS.
  • Led 2 rounds in the past year.
  • Typical check size: $50K – $250K.

Stage Focus

  • Seed (68%)
  • Series Unknown (14%)
  • Pre Seed (12%)
  • Convertible Note (4%)
  • Series A (1%)

Country Focus

  • Turkey (64%)
  • United States (20%)
  • United Kingdom (10%)
  • Germany (3%)
  • Switzerland (1%)
  • The Netherlands (1%)

Industry Focus

  • Software
  • Artificial Intelligence (Ai)
  • Saas
  • Fintech
  • Financial Services
  • E-commerce
  • Information Technology
  • Logistics
  • Advertising
  • Analytics
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does APY Ventures frequently co-invest with?

Logo Ventures
Europe, Istanbul, Turkey, Istanbul
Co-Investments: 3
TT Ventures
Europe, Istanbul, Turkey, Istanbul
Co-Investments: 3
Boğaziçi Ventures
Europe, Istanbul, Turkey, Istanbul
Co-Investments: 5
TD
Europe, Istanbul, Turkey, Umraniye
Co-Investments: 3
AV
Europe, Istanbul, Turkey, Istanbul
Co-Investments: 3
KT Portföy
Europe, Istanbul, Turkey, Sisli
Co-Investments: 6
TechOne VC
Europe, Istanbul, Turkey, Istanbul
Co-Investments: 7
MV
Europe, Istanbul, Turkey, Sisli
Co-Investments: 3
Maxis
Europe, Istanbul, Turkey, Besiktas
Co-Investments: 4
TP
Europe, Istanbul, Turkey, Sariyer
Co-Investments: 3

Which angels does APY Ventures often collaborate with?

KD
Europe, Istanbul, Turkey
Shared Deals: 1
CE
Europe, Izmir, Turkey
Shared Deals: 1
KK
Europe, Istanbul, Turkey, Istanbul
Shared Deals: 2
IG
Europe, Catalonia, Spain, Barcelona
Shared Deals: 1
FU
Europe, Istanbul, Turkey, Istanbul
Shared Deals: 1
SA
Europe, Istanbul, Turkey, Istanbul
Shared Deals: 1
BM
Europe, Ankara, Turkey, Ankara
Shared Deals: 1
CB
Europe, Turkey
Shared Deals: 1
EB
North America, California, United States, San Francisco
Shared Deals: 1
MK
Europe, Istanbul, Turkey
Shared Deals: 1

What are some of recent deals done by APY Ventures?

Treasy

London, England, United Kingdom

Treasy focuses on reshaping treasury operations in the financial sector.

ConsultingInfrastructureIT Management
SeedJul 11, 2025
Amount Raised: $1,100,000
Circle Games

Istanbul, Istanbul, Turkey

Circle Games is a mobile gaming company dedicated to create high-quality experiences with user-centered design.

GamingOnline Games
SeedJul 9, 2025
Amount Raised: $7,250,000
Tark Games

Istanbul, Istanbul, Turkey

Tark Games is a publisher focused on independent PC and console game developers.

ComputerOnline Games
Pre SeedJul 9, 2025
Amount Raised: $2,500,000
Milvus Robotics

Etimesgut, Ankara, Turkey

Milvus Robotics is an automation company that develops autonomous mobile robots to work alongside human workers.

Artificial Intelligence (AI)Industrial AutomationIndustrial ManufacturingRobotics
Series UnknownMay 27, 2025
Amount Raised: $4,500,000
Nuvolog

Istanbul, Istanbul, Turkey

Nuvolog is a logistics platform that offers spot procurement, carbon tracking, and time slot management to optimize supply chain operations.

LogisticsSaaSSoftwareSupply Chain Management
Pre SeedMar 30, 2025
Jobtogo

Sariyer, Istanbul, Turkey

End-to-end platform for companies and freelancers which provides solutions for them to collaborate.

FreelanceHuman ResourcesInternet
Series UnknownMar 13, 2025
Spiky.AI

Buffalo, New York, United States

Spiky.ai provides real-time communication analytics to understand customer engagement and behavior.

AnalyticsArtificial Intelligence (AI)Information TechnologyMachine LearningMeeting SoftwareSalesSales AutomationSales Enablement
SeedFeb 25, 2025
Amount Raised: $2,800,000
Fimple

London, England, United Kingdom

Fimple is a fintech company that provides cloud-based core banking solutions through a platform with advanced technology.

BankingCloud ComputingFinancial ServicesFinTech
Series AFeb 4, 2025
Amount Raised: $12,000,000
Minted Connect

London, England, United Kingdom

Minted Connect is an embedded financial platform that provides precious metals.

Developer APIsFinancial ServicesFinTechPrecious Metals
SeedJan 7, 2025
Pricing Coach

Maltepe, Istanbul, Turkey

Pricing Coach offers price consultancy, analytics, and revenue simulations to optimize business pricing strategies.

AnalyticsConsultingInformation Technology
SeedNov 27, 2024
Amount Raised: $1,100,000