Boğaziçi Ventures’ “BV Growth Fund” Completes Its 20th Investment!
Our “BV Growth” fund has continued successfully in 2022 with investments in innovative and disruptive technologies, raising the total number of companies in our portfolio to 20.
Founded in 2015 with its founders’ expertise in technology and strong international network, Boğaziçi Ventures set out to provide comprehensive support to Turkey’s technology startups. Even during 2022, a year marked by a slowdown in investments, Boğaziçi Ventures continued to stand by the ecosystem with sustained support and investments.
As Turkey’s leading alternative asset management company, Boğaziçi Ventures focuses exclusively on technology and disruptive innovation through funds, direct investments, and private investment opportunities. Instead of following traditional investment management models, Boğaziçi Ventures targets value-creating projects and continues its operations through its group companies, funds, and products focused on gaming, technology, innovation, fintech, and synergy.
The BV Growth Fund invests in startups working in Web3, gaming, fintech, retail technologies, edtech, and healthtech—ventures that embody “disruptive innovation” and have the potential to reshape industries and play a significant role in building the future. Backed by the deep experience of its founders and team, both in these verticals and in the growth journey of startups, Boğaziçi Ventures continues to support its portfolio companies even after investment, offering knowledge transfer and mentorship.
By the end of October 2022, Boğaziçi Ventures had successfully completed 8 new investments and 5 follow-on investments.
Barış Özistek, Managing Partner at Boğaziçi Ventures, stated:
“2022 has been a year with some contraction in investments in our country. While the amount and classification of investments remain relatively stable over the years, we observe that valuations have generally declined. This normalization in markets where valuations had risen too high can even be beneficial for early-stage startups. It is crucial for startups seeking investment to manage their expectations properly during this period. Talented and high-potential companies that secure funding now will be ready with their products when the market cycle turns upward, as they use this period to further develop their projects. On the investor side, this is an ideal time to invest, as the market offers opportunities at reasonable valuations. At Boğaziçi Ventures, while we continue to provide alternative opportunities to our clients with high investment appetite, we also support our startups. We believe in technology and in Turkish tech entrepreneurs. In all our investments, rather than merely providing financial capital, we walk alongside our portfolio companies throughout their journey, supporting them with knowledge, experience, and network.”
With its venture capital funds investing across different stages and verticals, Boğaziçi Ventures aims to provide value-added services both to entrepreneurs and investors. In addition to having a wide global investor network, Boğaziçi Ventures continues to stand by its portfolio companies throughout their growth journey.
Visual Prompt 🎨
Prompt (English, for AI image generation):
Abstract futuristic visual in red, black, and gray color palette. A bold number 20 glowing at the center, surrounded by interconnected circuit-like patterns symbolizing growth and innovation. Digital waves and geometric structures radiating outward, representing disruptive technologies such as Web3, gaming, fintech, and healthtech. Sleek cinematic atmosphere with gradients and metallic textures, emphasizing scale and forward momentum. No text, no logos, no people, no faces.