Published on
February 26, 2023

Top 9 Startups in Istanbul

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One of the world's most beautiful cities, Istanbul has its own startup scene that is worth paying lots of attention to. The city's best and brightest entrepreneurs are coming up with some innovative ventures in almost all areas, including tech and commerce.

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Best Startup companies in Istanbul

1. Dream Games

Startup_Istanbul_Dream Games

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Dream Games is a mobile gaming company based in Istanbul. Their objective is to combine technology and creativity to develop high-quality mobile games that will be played for years. It specializes in the fields of casual games, video games, and the gaming industry. It was founded in 2019 and headquartered in Istanbul, Turkey.

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Website: https://dreamgames.com/

Founded: 2019

Total Funding: $467.5M

Last Funding Type: Series C

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2. Modanisa

Startup_Istanbul_Modanisa

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Modanisa is an online fashion retailer for women's Islamic clothing, dresses and accessories. The site offers clothing and accessories to women of all ages and offers shipping and delivery all over the world. The site also trends latest hijab styles for women along with fashion tips for the Muslim regions. Designer abayas and jilbabs, Kayra,Armine, Aker and Tekbir are also sold online.

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Website: http://www.modanisa.com/

Founded: 2011

Total Funding: $45.5M

Last Funding Type: Venture - Series Unknown

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3. Istegelsin

Startup_Istanbul_Istegelsin

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Istegelsin is an online supermarket that offers the next generation market shopping experience for consumers. The company solves the market shopping problems by developing technologies to provide mobile solutions that bring the freshest fruits and vegetables kept on cold storages, products from the best brands, out-of-the-oven bakery products tohouse for the same prices as the regular supermarkets.Istegelsin was foundedi n 2018 and is based in Istanbul, Turkey.

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Website: http://www.istegelsin.com/

Founded: 2018

Total Funding: $30.1M

Last Funding Type: Venture - Series Unknown

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4. Akinon

Startup_Istanbul_Akinon

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Akinon’s Cloud-based omnichannel commerce platform, a next-generation application suite with scalable features that boost business growth and target brands' most challenging KPIs.

Website: https://www.akinon.com/

Founded: 2016

Total Funding: $25M

Last Funding Type: Series B

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5. Figopara

Startup_Istanbul_Figopara

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Figopara is a solution that discounts companies' e-invoices before their due dates with the offers received by financial institutions. It provides secure information to the financial companies that the customer is associated with and wants to reach by providing them with printed invoice information.Figopara was established in 2017 to developfinancial technology applications and is headquartered in Istanbul, Turkey.

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Website: https://figopara.com/

Founded: 2017

Total Funding: $19.3M

Last Funding Type: Series A

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6. Codeway

Startup_Istanbul_Codeway

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Codeway is launching highly scalable mobile applications. We target non-operational mobile business models. Before the development stage we do marketing tests and make our decision between the ideas. We are not generally the first mover in the markets, however we choose the markets we possibly get market share. Our former products reached over 65million users.

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Website: https://codeway.co/

Founded: 2020

Total Funding: $16M

Last Funding Type: Seed

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7. BinBin

Startup_Istanbul_BinBin

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BinBin is a technology company that produces micromobility technologies to offer environment-friendly and practical transportation solutions. The company develops tools with local software and engineering and offers them into service under the roof of its own trademarks to create alternative solutions for a sustainable world and convenienttransport. BinBin employs more than 500 personnel in its search for intelligent solutions to the transportation problems of ever-growing cities. The company draws its strength from its interest in innovation and commitment to continuous development.As of 2020, it has extended its operations to cities to offer a practical and sustainable transport option for those who are fed up with the traffic.BinBin Scooters has been operating in Istanbul, Konya, Kayseri, Antalya, Alanya, Samsun, Gaziantep, Sakarya, Trabzon, Eskişehir, İzmir, Kocaeli, Bursa, Adana, Diyarbakır ve Uşak cities so far and it continues to extend its urban operations at a great pace. It is also the first micromobility company launches abroad with its Sofia, Bulgaria and Sarajevo, Bosnia and Herzegovina operations, continues its global investments.

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Website: https://www.binbin.tech/

Founded: 2019

Total Funding: $16M

Last Funding Type: Seed

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8. Tarfin

Startup_Istanbul_Tarfin

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By leveraging the power of technology and data science, Tarfin is creating Europe’s first and most advanced fintech lending solution for farmers and retailers.

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Website: https://tarfin.com/

Founded: 2017

Total Funding: $14.3M

Last Funding Type: Series A

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9. Midas

Startup_Istanbul_Midas

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Midas is a fully digital stock brokerage app, enabling investors to invest in both the Turkish and the US stock markets.Midas offers low transaction fees for investments in US stocks, fractional investing and free live market data. The Borsa Istanbul (Turkish stock market) product is in closed beta and will soon launch to offer commission-freetrading of Turkish stocks.Midas was established on February 27, 2020 by Egem Eraslan and Umut Bozkurt in Istanbul, Turkey.

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Website: https://www.getmidas.com/

Founded: 2020

Total Funding: $12M

Last Funding Type: Seed

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