Türkiye Development Fund
Türkiye Development Fund (TDF) is a government-backed investment platform established in 2019 by the Development and Investment Bank of Türkiye. Its primary goal is to accelerate sustainable development and economic transformation in Turkey by investing in companies with high expansion potential in strategically important industries. TDF focuses on capital and structured finance investments, particularly in export-oriented companies, technology startups, and ventures in the defense and civilian technology sectors. The fund manages over 4.2 billion TRY in capital and operates multiple speciali
Investing activity
Türkiye Development Fund appears in 1 AI deal tracked by the AI Lounge deals desk. The rounds are mostly Seed, with a median round size of $3M. The most recent is Flowla (Seed, $2.5M, Jan 2026).
Türkiye Development Fund most often invests alongside Revo Capital, AI Startup Factory, Sharks & Partners and APY Ventures, and the companies it backs on AI Lounge are mostly in AI.
Deals
Frequently asked questions about Türkiye Development Fund
What AI companies has Türkiye Development Fund invested in?
Türkiye Development Fund's AI investments include Flowla. The 1 round on AI Lounge are listed on this page with amounts, dates and co-investors.
Where is Türkiye Development Fund based?
Türkiye Development Fund is based in Istanbul, Istanbul, Turkey.
What stage does Türkiye Development Fund invest at?
In the rounds tracked on AI Lounge, Türkiye Development Fund has invested at Seed, with a median round of $3M.
Who does Türkiye Development Fund co-invest with?
Türkiye Development Fund's most frequent co-investors on AI Lounge are Revo Capital (1 deal), AI Startup Factory (1 deal), Sharks & Partners (1 deal) and APY Ventures (1 deal).
How can founders reach Türkiye Development Fund?
Founders on AI Lounge can see Türkiye Development Fund's contact details in AI Investor Contacts (paid plans), check for a warm introduction through members who worked with the firm under Warm Paths, and add Türkiye Development Fund to their Investor Pipeline to track the conversation.