About Vestel Ventures
Vestel Ventures is a venture capital firm founded in 2015. It is primarily based out of Istanbul, Turkey. As of Dec 2024, Vestel Ventures is an active investor, having invested in 28 companies, with 3 new investments in the last 12 months. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from High Tech to Enterprise Applications and HealthTech. Most recently it led the $2.5M Seed round of Novus along with MIT Sandbox Innovation Fund Program. This round also saw participation from Venture Lane.
Overall, Vestel Ventures portfolio has seen 2 acquisitions, namely June and SCADAfence. A lot of funds co-invest with Vestel Ventures, with names like Gelecek Etki VC sharing a substantial percentage of its portfolio.
Vestel Ventures has team of 6 people including 2 partners.
Key Metrics
Team Members
, &
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed & Series A
Portfolio Acquisitions
Deals in last 12 months
Vestel Ventures' List of Top Investments
Vestel Ventures has a portfolio of 28 companies. Their most notable investments are in Novus and Novus.Their portfolio spans across Turkey, United States and United Kingdom. They have invested in High Tech, Enterprise Applications, HealthTech听补苍诲 21 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by Vestel Ventures:1. Haystack TV
Haystack TV is a cross-platform personalized video news aggregator, which works on a user's phone, tablet, and TV. The platform identifies the type of news content and tags it accordingly. Users are asked to follow certain channels or topics such as politics, economy, entertainment, sports, among others; and the Haystack creates a personalized channel for the user. Depending on user's watching history, the platform recommendations better with time.
Key facts about Haystack TV
- Founded Year: 2013
- Location: Redwood City (United States)
- Stage: Series A
- Total Funding till date: $4.5M
- Employee Count: 9 as on Dec 31, 2024
- Investors: , Inspovation Ventures and 10 Others
- Latest Funding Round: Series A, Sep 04, 2018, $2M
- Highlight: Editors' Pick
2. Mega Fortuna
Mega Fortuna is a developer and publisher of chart-leading apps and games, aiming to provide leading apps for mobile users worldwide and connect users with personalized content on the mobile platform.
Key facts about Mega Fortuna
- Founded Year: 2023
- Location: Bursa (Turkey)
- Stage: Series A
- Total Funding till date: $12.3M
- Investors: Vestel Ventures, and 2 Others
- Latest Funding Round: Series A, Jan 15, 2025, $10M
3. CY Vision
CY vision offers a tech-enabled head-up display for connected and autonomous vehicles. It uses 3D augmented reality for head-up displays. Uses computational holography that turns the windshield into a visible display for important information. Also, it works with advanced driver-assist, cameras, GPS, lidar, and smartphones offers an optimum visual experience. Also, it offers solutions for conventional, electric, and autonomous vehicles. It offers features like reduced eyes-off-road time, highlights hazards areas, integrates with the existing system, etc.
Key facts about CY Vision
- Founded Year: 2016
- Location: San Jose (United States)
- Stage: Series B
- Total Funding till date: $12M
- Investors: IFC, Intel Capital and 4 Others
- Latest Funding Round: Series B, May 27, 2021
- Highlight: Editors' Pick
4.
Provider of smart cane solution for visually impaired individuals. Its offering attaches to the traditional white cane, transforming it into a smart cane. This technology helps visually impaired people via three of its features such as obstacle detection, bluetooth pairing with a phone, and integration with voice assistants and google maps.
Key facts about WeWALK
- Founded Year: 2017
- Location: San Francisco (United States)
- Stage: Seed
- Total Funding till date: $3.16M
- Investors: , UK Research and Innovation and
- Latest Funding Round: Seed, Feb 28, 2024
- Highlight: Editors' Pick
5. June
Internet first brand offering smart top ovens. The oven features include sensors that detect the weight and set temperature automatically. Its app has features like intelligent alerts, video monitoring, and meal planning. The mobile app is available for Android and iOS users.
Key facts about June
- Founded Year: 2013
- Location: San Francisco (United States)
- Stage: Acquired
- Total Funding till date: $29.5M
- Employee Count: 58 as on Dec 31, 2022
- Investors: Sound Ventures, Founders Fund and 21 Others
- Latest Funding Round: Series A, Jan 04, 2018
- Highlight: Acquired
Vestel Ventures' Year-on-Year Investment Trends
Vestel Ventures has invested in 28 companies over the last 9 years, with an average of 1 new investment annually in the last 5 years. In 2024, it made 5 investments. Its most recent first time investment was in Electric Miles and most recent follow-on round was in Novus.
Year | No. of Investments | ||
|---|---|---|---|
1st听搁辞耻苍诲 | Follow-on | Total | |
2025 (YTD) | 0 | 0 | 0 |
2024 | 4 | 1 | 5 |
2023 | 2 | 0 | 2 |
2022 | 1 | 0 | 1 |
2021 | 0 | 0 | 0 |
2020 | 0 | 1 | 1 |
2019 | 0 | 0 | 0 |
2018 | 1 | 0 | 1 |
2017 | 1 | 0 | 1 |
2016 | 1 | 0 | 1 |
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Vestel Ventures' Investments by Stage
Vestel Ventures has made 8 investments in Seed stage with an average round size of $1.59M and 2 investments in Series A stage with an average round size of $4.5M.Note: We have considered here, only first round of investments
Stage of entry | No. of Investments |
|---|---|
Seed | 8 |
Series A | 2 |
Vestel Ventures' Investments by Sector
Vestel Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Energy Tech, Environment Tech and Sustainability Tech. Notably, it has invested in 21 Tech companies, 17 Enterprise (B2B) companies, 11 Software companies and at least 7 companies focusing on Consumer (B2C).
Note: We have considered here, only first round of investments
Sector | No. of Investments |
|---|---|
Enterprise Applications | 6 |
High Tech | 4 |
Energy Tech | 3 |
Environment Tech | 3 |
Sustainability Tech | 3 |
Others | 13 |
Vestel Ventures' Investments by Geography
Vestel Ventures has made most investments in United States (5), followed by Turkey where it has made 4 investments.
Note: We have considered here, only first round of investments
Country | No. of Investments |
|---|---|
United States | 5 |
Turkey | 4 |
United Kingdom | 3 |
Vestel Ventures' recent investments
Here are the most recent investments by Vestel Ventures:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Dec 02, 2024 | United Kingdom | Seed | Undisclosed | - | |
Nov 19, 2024 | United States | Seed | $2.5M | Venture Lane [+1] | |
Oct 01, 2024 | United States | Seed | $1.5M | Sabanc谋 Ventures [+3] | |
Jun 26, 2024 | United Kingdom | Seed | $1.1M | Norrsken Foundation [+8] | |
Jan 22, 2024 | United States | Seed | Undisclosed | - |
Get the detailed list of all investments by Vestel Ventures. Download now!Acquired companies in Vestel Ventures' Portfolio
Here are Vestel Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 10, 2023 | - | - | - | |
Jan 12, 2021 | - | - | - |
Team profile of Vestel Ventures
Vestel Ventures has a team of 6 members听颈苍肠濒耻诲颈苍驳 2 Partners and 2 Principals聽located in Turkey and France. Vestel Ventures' team does not sit on the board of any company as of now.Here is a list of all team members in Vestel Ventures:
Name | Designation | Location | Board Memberships | Contact details |
|---|---|---|---|---|
Partner | - | - | - | |
Partner | Istanbul | - | - | |
Principal | Istanbul | - | - | |
Principal | Istanbul | - | - | |
Associate | Paris | - | - | |
Analyst | Istanbul | - | - |
Get the full list of Vestel Ventures' team & partners for free. Download now!Co-investors of Vestel Ventures
Over the past 9 years, 49 investors have co-invested in Vestel Ventures's portfolio companies.
- Invested before Vestel Ventures:听PILOT, Inspovation Ventures and 14 others have invested in rounds before Vestel Ventures. There are 1 company where PILOT has invested before Vestel Ventures and 1 company where Inspovation Ventures has invested before Vestel Ventures.
- Top Co-investors of Vestel Ventures:听23 investors entered a company along with Vestel Ventures. These include investors like Gelecek Etki VC (3 companies).
- Invested after Vestel Ventures:听A total of 10 investors have invested in Vestel Ventures's portfolio after their investments. Top Investors include (1 company), IFC (1 company) and Revo Capital (1 company).
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