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 Simulation

ADIM

Pre Seed Round in 2024
ADIM specializes in creating immersive 3D educational simulations designed to enhance learning experiences and professional training. Catering to educational institutions, corporate businesses, and EdTech companies, ADIM offers highly customizable and modular interactive learning solutions. Our value proposition lies in delivering engaging, narrative-driven content that promotes active learning and skill development. ADIM's solutions are tailored to provide personalized learning paths and comprehensive performance analysis, ensuring learners gain real-world, applicable skills.

SimBatt

Pre Seed Round in 2024
SimBatt is a technology company that designs efficient battery simulation solutions for software and hardware industries.

Mechanima Engineering and Software

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

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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