Loading organizations...
Key people at Vestel Ventures.
Vestel Ventures operates as the corporate venture capital arm of Vestel Group, specializing in strategic early-stage investments. It targets deep-tech companies developing solutions in the Internet of Things, mobile technologies, and electronic devices. The firm seeks alignment and synergy with Vestel and Zorlu Conglomerate's strategic objectives, integrating innovation into corporate capabilities.
Established in 2015, Vestel Ventures was founded by Vestel Group, a key entity within the Zorlu Conglomerate. The firm's creation stemmed from the insight that direct investment in promising technology startups could enhance the parent company's market position and accelerate its advancement. Based in Istanbul, Turkey, the venture arm was formed to proactively engage with the global tech ecosystem.
Vestel Ventures invests in early-stage deep-tech companies whose products offer synergistic potential with Vestel Group’s portfolio and market presence. Its vision prioritizes collaborative partnerships that accelerate the development and market entry of novel technologies. The firm aims to cultivate a dynamic ecosystem, enabling Vestel to harness external innovation for sustained growth.
Key people at Vestel Ventures.
Vestel Ventures has 6 tracked investments across 3 companies. The latest tracked deal is $2.8M Pre-Series A in BRANDEFENSE in December 2023.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Dec 21, 2023 | BRANDEFENSE | $2.8M Pre-Series A | Sabanci Ventures | AK Portfey, Finberg, Gelecek Etki VC, TechOne VC, Teknoloji Yatirim |
| Jul 23, 2020 | CYVision | $5.0M Other Equity | Cenk Bayrakdar | Intel Capital, KOÇ Holding |
| Jul 1, 2020 | CYVision | $5.0M Series U | Revo Capital | Craft Ventures, Intel Capital, SV Angel, Toyota Ventures, Bonny Simi, KOÇ Holding |
| Sep 5, 2018 | Haystack News | $2.0M Other Equity | — | AltaIR Capital, Stanford, Svlinks |
| Sep 1, 2018 | Haystack News | $2.0M Series U | — | Altair Capital Management, Chloe Sladden, Stanford, Svlinks |
| Nov 1, 2017 | CYVision | $7.0M Series A | Vestel Ventures | Craft Ventures, Intel Capital, SV Angel, Toyota Ventures, Bonny Simi |