212 is a venture capital firm that backs bold, growth-stage B2B technology companies across Turkey, Central and Eastern Europe, and MENA. Founded in 2012 by Numan Numan and Ali Karabey, it is Türkiye's first institutional venture capital fund and follows a 'Test Local, Go Global' strategy for startups ready to scale internationally.
Their most common stage is series-a (48% of deals). Average disclosed round size is $17.3M (across 21 rounds with reported amounts).
Portfolio
18
Fund Size
—
Top Stage
Series A
Last 12 Mo
0
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
23 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| PPromake | Seed | $4M | Jan 2026 |
| Series A | $5.5M | Mar 2024 | |
| Seed | $22M | Jan 2024 | |
| FFlow48 | Series A | $25M | Nov 2023 |
| Series A | $6.5M | Jan 2023 | |
| Series D | $121M | Jan 2022 | |
| MMartı | Series B | — | Jul 2021 |
| Seed | $870K | Jun 2021 | |
| CChooch AI | Series A | $20M | Nov 2020 |
| Series A | $20M | Nov 2020 | |
| MMartı | Unknown | $25M | Jan 2020 |
| CChooch AI | Series A | $20M | Jan 2020 |
| MMeddy | Series A | $2.5M | Nov 2019 |
| MMeddy | Series A | $2.5M | Jan 2019 |
| Series B | $6.2M | May 2015 | |
| EEvim.net | Series A | $5M | Jul 2013 |
| Growth | $26.5M | — | |
| BBolt Insight | Unknown | — | — |
| FFazla | Unknown | $6M | — |
| RReprai | Seed | $500K | — |
| Series A | $5M | — | |
| Series B | $17.4M | — | |
| Series A | $22M | — |
Top Co-Investors
Endeavor3 shared
private angel investors3 shared
Vickers Venture Partners3 shared
Alumni Ventures3 shared
Streamlined Ventures3 shared
Speedinvest2 shared
Wamda Capital2 shared
Plug and Play Tech Center2 shared
500 Global2 shared
Khwarizmi Ventures2 shared
Evolution Equity Partners1 shared
Breega1 shared
Daphni1 shared
Ascension Ventures1 shared
Founders Factory1 shared
Gradient Ventures1 shared
Techstars1 shared
Sand Hill Angels1 shared
NewSpring1 shared
Last updated: 20 October 2026
