Revo Capital
Venture Capital · Istanbul, Turkey
Revo Capital is Turkey's largest technology-focused venture capital firm, founded in 2013 by Cenk Bayrakdar and Berkin Toktaş, having raised over $250M across three funds. Fund II closed at a landmark €90M in 2021 — oversubscribed with backing from IFC, EBRD, EIF, DEG, and the Turkish Development and Investment Bank — and Fund III reached an $86M first close in 2024 targeting over $100M. The firm has invested in 48 startups across Turkey, Eastern Europe, and the Baltics, achieving 18 exits and producing unicorns Getir and Builder.ai; portfolio companies have attracted $3.5B in follow-on capital between 2021 and 2025. Revo concentrates on early-stage B2B and B2C ventures in fintech, SaaS, cybersecurity, health tech, AI, and gaming.
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