Turkey Development Fund

Turkey Development Fund is an economic development agency in Istanbul established in 2019 that aims to strengthen Turkey’s enterprise ecosystem by investing in new-generation startups and in investment vehicles that support sustainable development. It focuses on strategically important economic sectors and on growing the nascent venture capital ecosystem by directing capital to innovative companies that drive long-term growth.

Elif Altug

CEO and Board Member

Past deals in Mechanical Engineering

SPACROL

Pre Seed Round in 2024
SPACROL is an engineering company that provides system designing, manufacturing, assembly, prototyping, and software development solutions.

ATAK

Pre Seed Round in 2024
ATAK is an engineering and manufacturing firm that develops advanced machinery and equipment for industrial purpose.

Bozsav

Pre Seed Round in 2024
Bozsav is a design and engineering firm that offers production, consulting, and verification services to the military and space sectors.

Skytech Robotik

Pre Seed Round in 2024
Skytech Robotik is a robotics company that specializes in mechatronic system design, UAV systems, mobile robotics, and software solutions.

SOWEC

Pre Seed Round in 2024
SOWEC is a technology company that designs mechanical systems to use waves to generate clean energy.

Mechanima Engineering and Software

Pre Seed Round in 2024
Mechanima Engineering and Software specializes in structural health monitoring, design, numerical analysis, and optimization solutions.

Milspec Engineering

Pre Seed Round in 2024
Milspec Engineering is a manufacturing company that designs and develops electromechanical products for industrial purposes.

Numedyne

Pre Seed Round in 2024
Numedyne is an engineering company that specializes in CFD simulations, generative design, and industry training courses.
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