Revo Capital
Venture Capital and Private Equity PrincipalsNorth Holland, Netherlands11-50 Employees
Established in 2013, Revo Capital is Türkiye’s pioneering and largest technology-focused venture capital firm, backing globally ambitious startups founded by Turkish entrepreneurs and/or powered by R&D teams in Türkiye. Revo has raised over $250 million across three funds and is currently investing from Fund III, which reached an $86 million first close and is targeting $100 million+. Revo has made 50 investments and achieved 18 exits to date. Since 2021, Revo-backed companies have attracted $3.5 billion in follow-on capital, with 92% coming from international investors, accounting for 54% of all venture capital raised by Turkish startups. Over the next 5 years, Fund III aims to invest in approximately 30 startups, deliberately concentrating capital where hands-on support and long-term partnership can have the greatest impact. The firm combines growth capital with deep operational involvement, supporting founders across product, go-to-market, hiring, and international expansion through a proven global headquarters and Turkish R&D model. With Fund III, Revo invests across fintech, B2B SaaS, cybersecurity and cloud, health tech, energy, and gaming, treating AI as a horizontal enabler across all sectors. Revo focuses on Series A and early Series B investments, typically writing $1–5 million initial checks and targeting meaningful minority ownership, with capacity for follow-on investments to support companies through global scale. In parallel, Fund III includes a dedicated Seed Pocket, making $250k pre-seed and seed investments to back exceptional founders earlier, build conviction, and secure pro-rata rights ahead of Series A. Revo Capital is one of the few globally oriented VC firms backed by leading Development Finance Institutions, including IFC, EBRD, KfW-DEG, and EIF, alongside a diversified base of institutional and strategic investors.