What ScaleX Ventures does

ScaleX Ventures is a privately held, early-stage venture capital firm founded in 2016 and headquartered in Amsterdam, with a physical presence in Istanbul's Sisli district. The firm invests in B2B SaaS, deep tech, and industry-specific software companies across Emerging Europe, with a particular focus on Turkish and Central Eastern European founders, including those in the Turkish diaspora building globally. Typical initial investment sizes range from €200K to €2M at Late Seed, Seed, and Series A stages, targeting 10-20% ownership with reserved capital for follow-on rounds. ScaleX deploys a founder-as-operator model, with the team providing hands-on support across talent recruitment, investor introductions, and customer introductions, supplemented by the Founders' Partner Program, which shares fund profits with portfolio founders, and the Founders Hub, a cohort-based educational platform for B2B founders.

Fund I was launched in 2020 and fully deployed across 22 portfolio companies by Q1 2025, generating material exits including the acquisition of Kondukto by Invicti Security and the acquisition of another portfolio company by a major US technology firm. Fund II reached first close in Q3 2025 and has executed initial investments in Hilbert (AI Growth Brain-as-a-Service) and Meditopia (employee mental health platform), with Andreessen Horowitz leading Hilbert's Series A as a notable co-investment. The firm is supported by InnovFin Equity with backing from the European Union under Horizon 2020 Financial Instruments, and its advisor bench includes senior operators from Tribe Capital, Notion, Kindred Capital, Salesforce, USVP, and TUSIAD.

Revenue is generated through standard VC fund economics: management fees on committed capital across Fund I and Fund II, and carried interest from portfolio exits. The firm does not charge portfolio companies for investment. Distribution of fund capacity is handled through direct founder engagement, ecosystem events, content marketing, and the Founders Hub community. The team is small (1-10 employees) and led by Managing Partner Dilek Dayınlarlı and General Partner Berkay Mollamustafaoğlu, supported by a Principal, an Associate, a Head of Talent, an Operating Expert, and a network of senior advisors.

Name

ScaleX Ventures

Legal name

ScaleX Ventures

Website

https://scalexventures.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

1–10 employees

Short description

ScaleX Ventures is an early-stage venture capital firm investing €200K-€2M in B2B SaaS, deep tech, and vertical software founders across Emerging Europe (Turkey, CEE), offering operator-led support, profit-sharing via the Founders' Partner Program, and the Founders Hub community.

Ownership category

akta.pro rank

Product category

Venture Capital

NAICS

Portfolio Management and Investment Advice (523940), Other Investment Pools and Funds (5259)

SIC

Investment Advice (6282), Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Early-Stage Venture Capital (Series A/B) (FSANAAAB)

akta.pro secondary industries

Sector-Focused Venture Capital (Vertical Specialists) (FSANAAAD), Venture Capital Fundraising Placement (FSAEALAC)

Keywords

• Venture capital
• Early-stage investing
• Startup funding
• B2B SaaS investing
• Emerging markets

Headquarters

HQ city

Sisli

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Fund Management: ScaleX generates revenue through management fees and carried interest (carry) from their venture capital funds. They deploy capital from Fund I and Fund II into early-stage technology companies, with typical initial investments ranging from €200K to €2M. They also earmark funds for follow-on rounds and help portfolio companies find additional investors for future rounds.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels8 records

Core offering

ScaleX Ventures is an early-stage venture capital firm that invests in technology startups across Emerging Europe, with typical initial investments of €200K to €2M at the Late Seed stage. The firm targets B2B SaaS, deep tech, and industry-specific software companies, providing capital alongside hands-on operational support including talent recruitment, investor introductions, and customer introductions. Portfolio founders participate in a profit-sharing Founders' Partner Program.

Differentiator

Problem solved

Functional benefit

Products and services

• Founders' Partner Program A profit-sharing initiative where founders of portfolio companies receive a share of ScaleX fund profits after investment, creating a collaborative founder community. Targeted at ScaleX portfolio founders.
• Founders Hub A cohort-based educational platform connecting B2B founders with top operators and founders for learning, networking, and growth acceleration over 5-7 week programs. Targeted at B2B founders and aspiring startup builders.
• Talent Placement Service Talent placement and recruitment support service connecting portfolio companies with skilled professionals to build globally competitive teams. Targeted at ScaleX portfolio companies.
• ScaleX Portfolio Perks Discount partnerships with technology providers including Amazon Web Services, DigitalOcean, HubSpot, and Carta offering reduced costs for portfolio companies. Targeted at ScaleX portfolio companies.

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered minor.

• AWS (Amazon Web Services)minorOthersScaleX has partnership agreements with AWS providing portfolio companies access to cloud infrastructure credits and discounts.
• DigitalOceanminorOthersScaleX has partnership agreements with DigitalOcean providing portfolio companies with discounted cloud hosting services.
• HubSpotminorOthersScaleX has partnership agreements with HubSpot providing portfolio companies with marketing and CRM tool discounts.
• CartaminorOthersScaleX has partnership agreements with Carta providing portfolio companies with equity management and cap table tools.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Notion Capital: Europe-focused B2B SaaS specialist VC; ScaleX advisor Itxaso del Palacio is a Notion GP. Comparable sector specialization at a larger fund scale.
• Speedinvest: European early-stage VC with sector-focused funds including B2B SaaS and deep tech. Broader geographic mandate but overlapping sector and stage, often competing for the same CEE founders.
• Earlybird Venture Capital: Pan-European early-stage VC investing across deep tech and digital health with significant Turkish deal flow. Larger, more established incumbent with overlapping B2B/deep-tech thesis.
• Kindred Capital: London-based early-stage VC with a pan-European B2B SaaS focus; ScaleX advisor Chrysanthos Chrysanthou is a Kindred partner. Overlapping sector thesis and stage.

Direct peers

• Revo Capital: Turkey-focused early-stage venture capital firm investing in B2B SaaS and tech-enabled startups. Closest direct peer by geography, stage, and sector focus; already co-invests with ScaleX in portfolio companies such as Flowla.
• ACT Venture Partners: Istanbul-based early-stage VC focused on Turkish tech startups across SaaS, marketplaces, and digital media. Comparable geography and stage, with a longer operating history.
• Arya VC: Turkey-focused early-stage VC backing B2B SaaS and vertical software founders. Co-invested with ScaleX in Buluttan, indicating direct overlap in deal sourcing and stage.
• APY Ventures: Turkey-focused early-stage fund active in B2B SaaS, fintech, and marketplace startups. Frequently co-invests alongside ScaleX (e.g., Buluttan bridge round) and shares the same regional seed-to-Series A mandate.
• 212 Capital Partners (212 VC): Istanbul-based early-stage VC investing primarily in Turkish and regional founders across SaaS, marketplaces, and fintech. Comparable stage, geography, and thesis.

Regional players

• Hummingbird Ventures: Turkey-origin early-stage VC investing globally from a regional base; similar founder pool targeting Turkish diaspora and CEE talent with comparable check sizes at early stage.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/ScaleXVentures
• LinkedInlinkedin.com/company/scalex
• Facebookfacebook.com/scalex-859329717536004

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments27 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ScaleX Ventures