212 backs bold, growth-stage tech companies across Turkey, CEE, MENA and the diaspora. Currently, the fund manages €86M of committed capital and 19 active investments. 212’s time-tested strategy is to advance B2B tech solutions with demonstrated traction, a precise product-market fit, and founders who are ready and eager to scale internationally.  As a firm believer in investing in teams, 212 has built a diverse and dynamic team over a decade while establishing and utilizing a robust presence in Istanbul, Doha, and San Francisco.
 
‘Test Local, Go Global’ is 212’s guiding principle. 212 does more than invest in the region and aims higher than going global. It is a personalized venture capital firm with deeply rooted global networks that bring in growth partners to help expand and guide the ecosystem. The forward-thinking initiative ‘212 Growth Partner’ program is one initiative that supports and provides value-add services to portfolio companies. 
 
Over two funds, 212 has created +$2B in value investing in early-stage technology startups. Acclaimed winners from Fund I include Iyzico and Insider. Iyzico exited in 2019, returning the fund’s entire invested capital. Insider, a Sequoia-backed company with a female founder, is the first B2B unicorn to come out of Turkey. To date, Fund II has invested in 16 remarkable companies: 123 Form Builder, App Samurai, Artboard Studio, Avatao, Chooch, Fazla, MallIQ, Marti, Meddy, Metrobi, OMMA, SmartMessage, Trio Mobil, Bolt, Wellbees and Socradar. 


Enterprise Software

Venture Capital

Cyber Security

Numan Numan

Pelin Gonul Sahin

Alp Arda Seyhan

Ali Karabey

The Venture Capital Team at 212 is responsible for identifying, evaluating, and investing in promising early and growth-stage tech companies across Turkey, CEE, MENA, and the diaspora. They focus on B2B tech solutions with proven traction and product-market fit. The team manages due diligence, structured investments, portfolio management, and provides strategic guidance to founders to help scale their businesses internationally. They leverage 212's extensive global network, particularly through initiatives like the '212 Growth Partner' program, to support and enhance the growth of portfolio companies.

Venture Capital Team

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Team members