Revo Capital Raises $86M to Boost Turkish Startup Ecosystem

The fund will support tech startups founded by Turkish engineers, especially those at the Series A and B stages, by offering both funding and hands-on support to help them grow.

Since launching in 2013, Revo Capital has been a key player in Turkey’s startup scene. With Fund III, it will continue focusing on fintech—where it is already the most active investor in Turkey—while expanding into B2B SaaS, cybersecurity, and health tech.

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New areas include energy and gaming, and AI will be used across all sectors to help founders reshape products and industries.

Other investors include the Türkiye Development Fund, corporate VCs like Finberg, Eksim Ventures, Inveo Ventures, and Yıldız Ventures, as well as regional banks, large companies, family offices, and successful startup founders.

Fund III will invest up to $5 million in early rounds, with up to $10 million per company including follow-on funding. This will help startups expand globally, improve their products, and gain major customers.

Revo has also set aside a “Seed Pocket” to invest $250,000 to $500,000 in very early-stage startups. This gives them a chance to back promising companies from the start and invest more in later rounds.

About Revo

Revo is a tech company that creates different kinds of innovative products. These include tools for active recovery, zero-emission transportation, and AI-powered product management.