BIC Angels

BIC Angels, established in 2011, stands as Turkey's pioneering and largest angel investment network, headquartered in Istanbul. It plays a pivotal role in nurturing the nascent startup ecosystem within the country by connecting promising early-stage companies with a robust network of experienced angel investors. The network is dedicated to identifying and supporting innovative ventures that demonstrate strong growth potential and scalable business models, primarily focusing on the seed stage.

The investment strategy of BIC Angels is broad yet discerning, targeting a diverse range of high-growth sectors. These include, but are not limited to, Software-as-a-Service (SaaS), fintech, e-commerce, mobile applications, artificial intelligence, blockchain, health tech, gaming, and deep tech. Since its inception, BIC Angels has actively invested in over 35 startups, contributing significantly to the development and expansion of Turkey's entrepreneurial landscape. Beyond capital, the network emphasizes providing strategic mentorship, industry expertise, and valuable networking opportunities to its portfolio companies, aiming to accelerate their growth and market penetration.

With a formidable network comprising more than 100 angel investors, BIC Angels leverages collective experience and capital to empower the next generation of Turkish entrepreneurs. The typical first cheque size for a startup receiving investment from BIC Angels ranges from $100,000 to $250,000, reflecting their commitment to providing substantial initial funding to help ventures achieve critical milestones. This investment is often complemented by follow-on rounds as companies mature and require additional capital for scaling.

BIC Angels' consistent activity and strategic support have cemented its reputation as a cornerstone of the Turkish startup scene. By fostering a vibrant community of investors and founders, they continue to drive innovation and economic growth, making them a crucial partner for early-stage companies seeking not just funding, but also guidance and access to a powerful ecosystem.