Turtle Ventures

ActiveVenture Capital

Website

Updated: Jan 22, 2026 ·

Financial History

Total Raised

N/A

Valuation

N/A

Investments Made

Date	Company	Round	Lead Investor(s)	Co-Investor(s)
Aug 1, 2023	Robomart	$2.0M Seed	—	Hustle Fund, SOSV, Wasabi Ventures
Jun 1, 2023	Teva Indices	$3.0M Series A	—	1984 Ventures, Amplo, Bascom Ventures, Caravela Capital, Contrary Capital, DGF Investimentos, DN Capital, Honey Island Capital, Lakestar, SV Angel, Unpopular Ventures, Urban Innovation Fund, Ed Baker, Oliver Jung
May 1, 2023	Golioth	$5.0M Seed	—	1984 Ventures, .406 Ventures, Amplo, Antler, Bascom Ventures, Blackhorn Ventures, Bow Capital, Caravela Capital, Contrary Capital, DGF Investimentos, Differential Ventures, DN Capital, Generation Ventures, Honey Island Capital, Innovation Endeavors, Insight Partners, Lakestar, Sequoia Capital, SV Angel, Tucker Seed Fund LLC, Unpopular Ventures, Urban Innovation Fund, Zetta Venture Partners, Ed Baker, Oliver Jung
Dec 1, 2022	Fay	$5.0M Seed	—	1984 Ventures, Amplo, Bascom Ventures, Caravela Capital, Contrary Capital, DGF Investimentos, DN Capital, Jenny Fielding, Scott Hartley, FirstHand Alliance, General Catalyst, Honey Island Capital, Lakestar, Point72 Ventures, Susa Ventures, SV Angel, Unpopular Ventures, Urban Innovation Fund, Allison Pickens (Allison Pickens Ventures), Ed Baker, Oliver Jung
Jun 1, 2022	Destaxa	$3.0M Seed	—	1984 Ventures, Amplo, Atomico, Bascom Ventures, Caravela Capital, Clocktower Technology Ventures, Contrary Capital, DGF Investimentos, DN Capital, Flybridge Capital Partners, Generative Ventures, Honey Island Capital, Lakestar, Latitud, Nazca Ventures, NGC Ventures, Oui Capital, Pear VC, QED Investors, Quona Capital, Seedcamp, SV Angel, Unpopular Ventures, Urban Innovation Fund, Ed Baker, Oliver Jung
Apr 1, 2022	Genies	$150.0M Series C	—	1984 Ventures, Accel, Amplo, Arrive, Bascom Ventures, Better Tomorrow Ventures, Bond, Caravela Capital, Catapult Capital, CoinFund, Contrary Capital, Cowboy Ventures, DGF Investimentos, DN Capital, Draper Associates, Emergence Capital, Evolve VC, ff Venture Capital, First Round Capital, Franklin Templeton Investments, HOF Capital, Honey Island Capital, Lakestar, Lobby Capital, Locus Ventures, Lux Capital, Mayfield, Motier Ventures, New Enterprise Associates, NFX, One Planet Group, Sequoia Capital, Sierra Ventures, Spark Capital, SV Angel, The Hit Forge, Unpopular Ventures, UpHonest Capital, Urban Innovation Fund, White Star Capital, Y Combinator, Ed Baker, Eddie Hartman, Marcus Segal, Oliver Jung, Shervin Pishevar, Tom Williams
Nov 1, 2021	Sauce	$3.0M Seed	—	Alt Capital, Army Venture Capital Corp., Crosslink Capital, For Good Ventures, Next Play Ventures, Rackhouse Venture Capital, Spero Ventures, Vista Venture Partners, Wave Capital, Bob Lee, Curtis Chambers, David Wolfson, Jacob Chapman, Khaled Helioui, Michael Staton, Sameer Bhalla, Sam Nazarian, Scott Belsky, Sean Behr
Nov 1, 2021	Reltio	$120.0M Series E	—	Alt Capital, Army Venture Capital Corp., Brighton Park Capital, Crosslink Capital, For Good Ventures, Next Play Ventures, Rackhouse Venture Capital, Spero Ventures, Vista Venture Partners, Bob Lee, Curtis Chambers, Jacob Chapman, Khaled Helioui, Michael Staton, Sameer Bhalla, Scott Belsky, Sean Behr
Sep 1, 2021	Seven Starling	$3.0M Seed	—	Adapt Ventures, Alt Capital, Alumni Ventures, Army Venture Capital Corp., Authentic Ventures, BoxGroup, Browder Capital, Capital Factory, CapitalX, Crosslink Capital, Fifth Wall, For Good Ventures, Foundation Capital, Infinite Niches, Kepler Operator’s Fund, Magnify Ventures, Next Play Ventures, NextView Ventures, Not Boring Capital, Offline Ventures, Paradox Capital, Pareto Holdings, Pear VC, Predictive VC, Rackhouse Venture Capital, Redpoint Ventures, Rethink Impact, Spero Ventures, SRB Ventures, Thirty Five Ventures, Uncork Capital, Vista Venture Partners, Adam Guild, Bob Lee, Cory Levy, Curtis Chambers, Jacob Chapman, Khaled Helioui, Michael Staton, Priyank Chandra, Quinn Slack, Rich Miner, Sameer Bhalla, Scott Belsky, Scot Wingo, Sean Behr
Jul 1, 2021	Thola Inc	$120K Seed	—	Bread and Butter Ventures, Hustle Fund, SOSV, Wasabi Ventures
Jun 1, 2021	TestGorilla	$10.0M Seed	—	Accel, AirAngels, Alt Capital, AngelList Syndicator, Army Venture Capital Corp., Atomico, Benchmark, Blisce, Concrete Rose Capital, Crosslink Capital, Feenix Ventures, Felix Capital, Flybridge Capital Partners, For Good Ventures, Ganas Ventures, Christian Miele, Lakestar, MaC Venture Capital, Next Play Ventures, Notion Capital, Partech Ventures, Possible Ventures, Rackhouse Venture Capital, Seven Seven Six, Spero Ventures, The Community Fund, Vayner RSE, Vista Venture Partners, Andy Chung, Bob Lee, Curtis Chambers, Emmanuel Seuge, Jacob Chapman, Jim Schneider, Khaled Helioui, Mato Peric, Michael Staton, Sameer Bhalla, Scott Belsky, Sean Behr
May 1, 2021	Genies	$65.0M Series B	—	1984 Ventures, Accel, Amplo, Arrive, Bascom Ventures, Better Tomorrow Ventures, Bond, Caravela Capital, Catapult Capital, CoinFund, Contrary Capital, Cowboy Ventures, DGF Investimentos, DN Capital, Draper Associates, Emergence Capital, Evolve VC, ff Venture Capital, First Round Capital, Franklin Templeton Investments, HOF Capital, Honey Island Capital, Lakestar, Lobby Capital, Locus Ventures, Lux Capital, Mayfield, Motier Ventures, New Enterprise Associates, NFX, One Planet Group, Sequoia Capital, Sierra Ventures, Spark Capital, SV Angel, The Hit Forge, Unpopular Ventures, UpHonest Capital, Urban Innovation Fund, White Star Capital, Y Combinator, Ed Baker, Eddie Hartman, Marcus Segal, Oliver Jung, Shervin Pishevar, Tom Williams
May 1, 2021	Nana Academy	$18.0M Series A	—	1984 Ventures, 8VC, Kevin Hartz, Alt Capital, Army Venture Capital Corp., Collab Capital, Crosslink Capital, CRV, For Good Ventures, Incisive Ventures, Initialized Capital, Kapor Capital, Maveron, Next Play Ventures, Obvious Ventures, Pareto Holdings, Preface Ventures, Rackhouse Venture Capital, Raine Ventures, Sequoia Capital, Spero Ventures, Stage Venture Partners, Stellar Capital, SV Angel, TechSquare Labs, Thirty Five Ventures, Tribe Capital, Ulu Ventures, Unshackled Ventures, Vista Venture Partners, WorkLife Ventures, Y Combinator, Yes VC, Anthony Pompliano, Bangaly Kaba, Baron Davis, Bob Lee, Dylan Field, Halle Tecco, Jacob Chapman, John Henry, Justin Rosenstein, Kevin Lee, Khaled Helioui, Michael Staton, Nick Caldwell, Richard Rosenblatt, Sameer Bhalla, Scott Belsky, Sean Behr
Mar 1, 2021	Postscript	$35.0M Series B	—	1984 Ventures, Conviction Partners, CRV, Defy Partners, Greylock, Incisive Ventures, IVP, Marin Sonoma Impact Ventures, Menlo Ventures, Social Capital, Stellar Capital, SV Angel, Thirty Five Ventures, Tiger Global Management
Mar 1, 2021	Cutover	$35.0M Series B	—	BoxGroup, Brand Foundry Ventures, Contour Venture Partners, Founder Collective, Lightbank, RTP Ventures, Dharmesh Shah, Scott Belsky
Mar 1, 2021	Viz	$71.0M Series C	—	Accel, Afore Capital, Alpha Prime Fund, Altair Capital Management, Andreessen Horowitz, at.inc/, Bain Capital Ventures, B Capital Group, Bessemer Venture Partners, Blumberg Capital, Bond, Citi Ventures, Commerce Ventures, Daffy, DST Global, EQT Ventures, Flint Capital, Goat Capital, Great Oaks Venture Capital, Greenoaks Capital, Hack VC, High-Tech Gründerfonds, Immeasurable, Innovation Endeavors, Insight Partners, Kleiner Perkins, Mango Capital, Meritech Capital Partners, Mouro Capital, NewView Capital, Operator Stack, Scale Venture Partners, Susa Ventures, ThirdLove, Uncork Capital, What If Ventures, Wing Venture Capital, Work-Bench, Amit Jhawar, Daniel Kan, Dylan Field, Jeremy Stoppelman, Justin Mateen, Marty Weiss, Sahin Boydas, Stewart Butterfield, Sung ho Choi, Tirto Adji, Travis Vanderzanden
Jan 1, 2021	Curtsy	$11.0M Series A	—	1984 Ventures, Amplo, Bascom Ventures, Caravela Capital, Contrary Capital, DGF Investimentos, DN Capital, Honey Island Capital, Lakestar, Locus Ventures, Rucker Park Capital, SV Angel, The House Fund, Unpopular Ventures, Urban Innovation Fund, Vibe Capital, VU Venture Partners, Ed Baker, Gabriel Jarrosson, Kenji Niwa, Mathieu Guerville, Nirbhay Dhapodkar, Oliver Jung, William Hockey
Jan 1, 2021	Kyte	$9.0M Seed	—	Adjacent, Amplo, Atomico, Betaworks Ventures, Clear Ventures, Contrary Capital, DN Capital, DST Global, Engineering Capital, Factorial, Felix Capital, FirstMark Capital, Gaingels, General Catalyst, Giza Polish Ventures, Goat Capital, Greenoaks Capital, Hack VC, Heartcore Capital, Hustle Fund, Kinnevik, Leadout Capital, Meritech Capital Partners, Metaplanet, Pareto Holdings, Round One Capital, Shrug Capital, Spark Capital, Splash Capital, Ulu Ventures, Unpopular Ventures, What If Ventures, Aryeh Mergi, Daniel Kan, Derrick Li, Eric Ries, Fritz Demopoulos, Gillian Tans, Harel Kodesh, Jaan Tallinn, Joe Greenstein, Jonathan Wasserstrum, Justin Mateen, Karen King, Mark Cuban, Mark Pincus, Marty Weiss, Matthew Dellavedova, Ron Pragides, Sheila Vashee, Sung ho Choi, Tim Kendall, Tirto Adji, Travis Vanderzanden
Dec 1, 2020	Career Karma	$10.0M Series A	—	1776, Addition, Alt Capital, Andreessen Horowitz, Chloe Sladden, Army Venture Capital Corp., Bessemer Venture Partners, Coelius Capital, Collab Capital, Cowboy Ventures, Crosslink Capital, Drive Capital, DST Global, Firework Ventures, For Good Ventures, FPV Fund, General Catalyst, Glasswing Ventures, Harrison Metal, Index Ventures, Initialized Capital, Kapor Capital, Kleiner Perkins, Next Play Ventures, Offline Ventures, Off the Grid Ventures, Operator Ventures, Penny Jar Capital, Rackhouse Venture Capital, Ravelin Capital, Redpoint Ventures, Sequoia Capital, Spero Ventures, Sweet Capital, TechSquare Labs, Tiger Global Management, Todd and Rahul's Angel Fund, Ulu Ventures, Unshackled Ventures, Vista Venture Partners, Wellington Management, Adam Gross, Audrey Gelman, Bob Lee, Curtis Chambers, Fredrik Björk, Jacob Chapman, Kelvin Beachum Jr., Khaled Helioui, Michael Staton, Sameer Bhalla, Scott Belsky, Sean Behr, Theresa Johnson, Tim Kendall
Dec 1, 2020	Pienza	$5.0M Seed	—	Flying Fish Partners, Founders Co-op, Hack VC, High Alpha, Javelin Venture Partners, MHS Capital, Northside Ventures, Pioneer Square Labs, Version One Ventures, Vertex Ventures
Aug 1, 2020	Robomart	$640K Venture Round	—	Hustle Fund, SOSV, Wasabi Ventures
Jul 1, 2020	LAIKA	$5.0M Seed	—	20VC, Ataria Ventures, Blockchain Coinvestors AngelList Syndicate, Buckley Ventures, CDP Venture Capital, DST Global, Goat Capital, Greenoaks Capital, Hack VC, Mayfield, Meritech Capital Partners, Seven Seven Six, Social Impact Capital, SOSV, What If Ventures, Emanuel Pleitez, Josh Elman, Justin Mateen, Marty Weiss, Sung ho Choi, Tirto Adji, Tony Xu, Travis Vanderzanden
Jun 1, 2020	Playbook	$3.0M Seed	—	01 Advisors, 1984 Ventures, 500 Global, 8VC, Afore Capital, Alumni Ventures, Amplo, Atomic, Backend Capital, Bascom Ventures, Basecamp Fund, Bowery Capital, Caravela Capital, Cherry Ventures, Cleo Capital, Contrary Capital, Curious Capital, DGF Investimentos, DN Capital, Dunce Capital, Jenny Fielding, Scott Hartley, Flucas Ventures, Founders Fund, Gradient Ventures, Honey Island Capital, Infinite Niches, Lakestar, Moxxie Ventures, Ann Bordetsky, Point Nine Capital, Prototype Capital, Scribble Ventures, sequel, Shrug Capital, SignalFire, Sinai Ventures, Sound Ventures, Stellar Capital, SV Angel, Target Global, Tribe Capital, Tusk Venture Partners, Unpopular Ventures, UpHonest Capital, Urban Innovation Fund, Vine Ventures LP, Weekend Fund, Alper Kiresepi, Anna Patterson, Brendan O'Driscoll, Daniel Graf, Ed Baker, Eric Wu, Howard Charney, Jeremy Yap, Kevin Weil, Mark Cuban, Mark Wahlberg, Moshe Lifschitz, Niklas Jansen, Oliver Jung, Peter Hunn, Philipp Freise, Ron Pragides, Rudra Peram, Tyler Willis, Yagiz Sozmen, Zach Segal
May 1, 2020	Cardless	$7.0M Series A	—	500 Global, Alt Capital, Chloe Sladden, Army Venture Capital Corp., Crosslink Capital, For Good Ventures, Moxxie Ventures, Next Play Ventures, Rackhouse Venture Capital, Red Sea Ventures, Red Swan Ventures, Ribbit Capital, Scribble Ventures, Slow Ventures, Spero Ventures, Vista Venture Partners, Adam D'Angelo, Bob Lee, Curtis Chambers, David Marcus, Greg Brockman, Jacob Chapman, Javier Olivan, Jeff Arnold, Michael Staton, Mike Krieger, Sameer Bhalla, Scott Belsky, Sean Behr
Apr 1, 2020	Tomorrow Health	$8.0M Seed	—	1984 Ventures, CRV, Incisive Ventures, Rainfall Ventures, Redpoint Ventures, SailPoint, Stellar Capital, SV Angel, Thirty Five Ventures, Ben Tossell

Financial History

Total Raised

N/A

Valuation

N/A

Leadership Team

Key people at Turtle Ventures.

Josh Breinlinger

General Partner

Leadership Team

Key people at Turtle Ventures.

Josh Breinlinger

General Partner

Deep Dive

High-Level Overview

Turtle Venture Studio is an early-stage investment firm focused on startups across South and Southeast Asia, particularly in high-growth sectors such as Agriculture, Finance, Education, E-commerce & Logistics, Health, and ESG. Their mission is to systematically select, accelerate, and reduce the risk of early-stage investments by providing both capital and strategic support. They emphasize helping startups achieve customer and market validation, business model validation, and fundraising readiness, targeting sustainable business models and diverse founding teams. Turtle Venture Studio’s impact on the startup ecosystem lies in its dual-entity model that combines funding with hands-on support, helping startups become investment-ready and scale effectively[1].

Separately, Turtle Venture (based in Bangladesh) operates as a startup ecosystem development and consultancy company specializing in pre-seed and seed-stage startups. It supports entrepreneurs by preparing them for angel and venture capital investment through services like pitch deck design, financial modeling, and investment readiness coaching. It also organizes events like "Turtle Connect" to bridge startups with investors, fostering growth and sustainability in the Bangladeshi startup ecosystem[2][3].

Origin Story

Turtle Venture Studio was founded with the goal of addressing fundamental societal and economic problems through sustainable startups. The firm is led by Anowar Sayef, who invests in businesses with sustainable models solving core issues. The firm has evolved to focus on early-stage startups in emerging markets, providing a structured program with staged funding and support to reduce investment risk[1].

Turtle Venture in Bangladesh emerged as a consultancy to support early-stage startups in navigating the challenges of investment readiness and growth. It was built on the philosophy of persistence and steady progress, inspired by the metaphor of the turtle’s slow but steady race to success. The company leverages its expertise and network to help startups at idea, MVP, and growth stages gain traction and attract investment[2].

Core Differentiators

*For Turtle Venture Studio (Investment Firm):*

Dual-entity investment model: Combines capital injection with active acceleration and risk reduction.
Sector focus: Targets high-impact sectors like Agriculture, Finance, Education, Health, and ESG in South and Southeast Asia.
Structured funding tranches: Initial SAFE investment with participation fees, followed by milestone-based tranches and a continuity fund for top performers.
Hands-on support: Focus on customer/market validation, business model validation, and fundraising readiness.
Diverse founding teams: Emphasis on inclusivity and sustainability[1].

*For Turtle Venture (Consultancy):*

Startup ecosystem expertise: Specialized in pre-seed and seed-stage startups.
Comprehensive support services: Investment readiness, pitch deck design, financial forecasting.
Investor network facilitation: Organizes events to connect startups with local and international investors.
Focus on sustainability: Encourages steady, sustainable growth aligned with long-term success[2][3].

Role in the Broader Tech Landscape

Turtle Venture Studio rides the trend of early-stage investment in emerging markets, particularly in sectors critical to economic development and sustainability. The timing is favorable due to increasing startup activity in South and Southeast Asia and growing investor interest in impact-driven ventures. By providing both capital and operational support, the firm helps startups overcome typical early-stage hurdles, thereby strengthening the regional startup ecosystem and promoting sustainable innovation[1].

Turtle Venture in Bangladesh contributes to the broader tech landscape by building the foundation for a vibrant startup ecosystem through consultancy and investor matchmaking. Their focus on pre-seed and seed stages addresses a critical gap in early-stage support, helping startups become viable investment opportunities and fostering a culture of entrepreneurship in Bangladesh[2][3].

Quick Take & Future Outlook

Turtle Venture Studio is positioned to deepen its influence by scaling its dual-entity model and expanding its portfolio in key sectors across South and Southeast Asia. Trends such as digital transformation in agriculture, fintech expansion, and ESG-focused innovation will likely shape their investment journey. Their emphasis on sustainable business models and diverse teams aligns with global shifts toward responsible investing.

Turtle Venture in Bangladesh is expected to continue growing as a pivotal ecosystem builder, expanding its network and services to support more startups and investors. As the Bangladeshi startup scene matures, their role in preparing startups for investment and facilitating connections will become increasingly vital.

Both entities embody the metaphor of the turtle—prioritizing steady, sustainable growth and long-term impact over rapid, short-term gains, which is crucial for lasting success in the dynamic startup landscape[1][2][4].

Sources