10.12.2025 İstanbul
The Türkiye Venture Capital Council Meeting was held at the TOBB İstanbul Service Building with the participation of Deputy Minister of Industry and Technology Zekeriya Çoştu, TOBB Board Member Mehmet Büyüksimitci, Council President Altan Küçükçınar, and council members.
Deputy Minister of
Industry and Technology Zekeriya Çoştu emphasized the importance the Ministry
attaches to the venture ecosystem and provided information about the work of
the Technoventure Council. He said that with this council mechanism,
consultations and planning are progressing with key participants in the
ecosystem. He stated that regulations targeting the venture capital ecosystem
would continue and that efforts were being made to increase the decisions added
to the legislation and the resources gained in terms of access to finance.
During his speech, Deputy Minister Çoştu evaluated the questions and comments
from the council members.
Mehmet Büyüksimitci,
Member of the TOBB Board of Directors responsible for the Council, emphasized
the importance of public-private sector cooperation in strengthening the
venture capital ecosystem and stated that efforts to continue increasing
investor interest in the new period are important. He discussed the
contributions that the new regulation published by the Ministry of Industry and
Technology and the Ministry of Treasury and Finance regarding venture capital
funds will make to the sector and shared his assessments on the sector's
development.
Council President Altan
Küçükçınar stated in his presentations to participants that global private
capital markets are undergoing a "major recalibration" process due to
the high interest rate environment and rising capital costs, noting that
"The Great Recalibration" report indicates that investors are acting
more cautiously, fund raising processes are lengthening, and downward
adjustments in asset valuations are continuing. According to the report, Altan
stated that investors are acting more cautiously, fund raising processes are
lengthening, and downward adjustments in asset valuations are continuing. The
Great Recalibration," investors are acting more cautiously, fund raising
processes are taking longer, and downward adjustments in asset valuations are
continuing. Altan said that, according to the report, investments in
technology, infrastructure, and sustainability will be the main areas driving
growth in private markets in the coming period.
Serkan Ünsal, a member
of parliament and CEO of Startupswhatch, provided information about the
Entrepreneurship Ecosystem in 2025. According to Startupswatch data, he stated
that angel and venture capital investments in Türkiye will reach $520 million
in 2025, but the number of transactions has declined compared to previous
years. He stated that the majority of investments are concentrated in a small
number of startups, with only 6 startups receiving 66% of the total funding. He
noted that while there has been a decline in fintech investments, the gaming
sector has remained well below its levels in previous years.
The meeting concluded
with council members sharing their views and suggestions regarding the
assessments of the investment ecosystem.