Startup funding in Turkey 2026
January to September 2026. Data as of 23 October 2026.
Release
Total
Startups in Turkey raised $219M in 66 venture rounds from January to September 2026, 32nd of 119 countries, according to FundingWatcher.
Without rounds of $100M or more
Turkey had no round of $100M or more in January to September 2026.
Largest round
The largest round was Grand Games in Besiktas: $70M, Series B, in May 2026.
Cities
Besiktas startups raised $70M, 31.9% of the national total, ahead of Istanbul with $60M.
Early stage
Pre-seed, seed, angel and Series A rounds under $100M: 65 rounds, $149M.
Source
Source: FundingWatcher, startup funding by country and city 2026, https://fundingwatcher.com/research/startup-funding-by-country-2026/
Cities
| City | Rounds | Total | Under $100M | Rounds of $100M+ |
|---|---|---|---|---|
| Besiktas | 1 | $70M | $70M | 0 |
| Istanbul | 32 | $60M | $60M | 0 |
| Izmir | 2 | $50M | $50M | 0 |
| Sariyer | 6 | $13M | $13M | 0 |
| Ankara | 6 | $7M | $7M | 0 |
| Bakirkoy | 1 | $6M | $6M | 0 |
| Kagithane | 1 | $4M | $4M | 0 |
| Umraniye | 1 | $4M | $4M | 0 |
| Kadikoy | 2 | $3M | $3M | 0 |
| Üsküdar | 2 | $812K | $812K | 0 |
| Gaziantep | 1 | $272K | $272K | 0 |
| Kartal | 1 | $225K | $225K | 0 |
Largest rounds
| Company | City | Round | Date | Amount |
|---|---|---|---|---|
| Grand Games | Besiktas | Series B | 2026-05-11 | $70M |
| HubX | Izmir | Series A | 2026-08-28 | $50M |
| Circle Games | Istanbul | Series A | 2026-09-24 | $25M |
| SwarmBase | Istanbul | seed | 2026-07-17 | $7M |
| Dataroid | Sariyer | seed | 2026-01-13 | $7M |
| Rise Studio | Bakirkoy | seed | 2026-02-09 | $6M |
| Herdr | Ankara | seed | 2026-09-08 | $6M |
| Bold Games | Istanbul | seed | 2026-07-08 | $6M |
| Lucida AI | Sariyer | seed | 2026-04-15 | $5M |
| Vento Games | Istanbul | seed | 2026-03-03 | $4M |
Method
66 rounds in Turkey in the FundingWatcher startup file: companies whose most recent round is a named stage, pre-seed and angel through Series J, dated January to September 2026. One round per company, the latest. Debt, grants, corporate rounds, private equity and secondary sales are not counted. 47 of the 66 rounds carry an amount. Method and data files: startup funding by country and city, 2026.
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