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Istanbul

Metro area · Türkiye · Pop. 15.8M · WithinWorldEMEAAsiaTürkiyeKocaeliIstanbul

Startup funnel

Istanbul's startup funnel

Companies headquartered in Istanbul at each stage today, by total VC raised. Hover or tap a bar for the split.

927
Startups
$100K–15M raised

565 pre-seed · 270 seed · 92 Series A

53
Breakouts
$15–100M raised

38 Series B · 15 Series C

9
Scaleups
$100M+ raised

4 Mega · 5 Mega+

9
Unicorns and/or $100M+ revenue

9 valued at $1B+ · 6 with $100M+ revenue · 6 both

Source: Dealroom.co

Quarterly report

Istanbul's latest quarter in venture capital

Venture capital raised by Istanbul-headquartered companies each quarter since 2020, split by round size, with detail on the latest complete quarter.

Latest complete quarter

 

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Enterprise value

How much Istanbul’s VC-backed companies are worth

Combined enterprise value of VC-backed companies headquartered in Istanbul, founded since 1990 and still operating, at the end of each year. Companies stay in the total after they list or are acquired.

VC investment

How much venture capital flows into Istanbul

VC investment into Istanbul-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage.

Largest rounds

Largest funding rounds in Istanbul

A live treemap of the largest VC rounds. Each cell is one round into Istanbul-headquartered companies, grouped by Dealroom sector.

Largest rounds in Istanbul - 2026

Every $15M+ VC round into Istanbul-headquartered companies in 2026, grouped by Dealroom sector.
- rounds · - raised
Live from Dealroom API Open full VC dashboard

Academia

Istanbul's academic flywheel

Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Istanbul.

University-linked startup formation
56
University spinouts
1,111
Total alumni-founded companies
922
Of which startups (<$15M raised)
155
Breakouts ($15M-100M)
34
Scaleups ($100M+)
University ranking By alumni who went on to found startups
# University City Founders Companies
1 Boğaziçi University Istanbul 880 940
Unlock the full university ranking for Istanbul on Dealroom

Location comparison

How Istanbul stacks up

Compare Istanbul with peers from the same country (Türkiye) — switch between combined EV, EV growth, and a growth × size view. Expand the table for the full ranking.

$107B
$93.4B
$70.5B
$61B
Istanbul
$49.9B
$36.9B
$32.4B
$32.2B
$30.8B

Combined enterprise value of each ecosystem.

Get the full Istanbul ecosystem on Dealroom

Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.