idacapital

idacapital is the first impact fund in Turkey (Turkiye), founded in 2013 and headquartered in Istanbul. The firm has invested over $20 million in 10-plus companies and achieved a 3x-plus TVPI (Total Value to Paid-In Capital). The ida Acceleration Fund I is the pioneering impact vehicle in the country, and in 2016 idacapital joined the Capria Network — a group of 23 impact fund managers operating across 53 countries — extending its global impact investing community. A local Turkish investment fund vehicle was established in 2022. The firm leads rounds with check sizes ranging from $50,000 to $2 million. idacapital focuses on pre-seed through Series A stages in fintech, logistics technology, healthtech, edtech, climatetech, and agrotech. All 11 current portfolio companies have received follow-on investments, with total portfolio value exceeding TRY 1.2 billion. Notable portfolio companies include Navlungo (an international logistics platform operating in 130-plus countries, most recent investment March 2025), Faradai (energy and sustainability technology, $4.21 million raised from 21 investors), and Diginak. The firm has made 14 tracked investments. Co-investors include Revo Capital, a leading Turkish venture firm. idacapital discovers and invests in startups founded by exceptional talent emerging from Turkiye and beyond, with net financial returns as the core driver while also delivering social and environmental impact. The firm's international network through Capria, combined with a team spanning Turkey, Japan, and additional locations, gives portfolio companies access to cross-border expertise and follow-on capital well beyond what domestic Turkish funds alone can provide.