TIBAS Ventures

What TIBAS Ventures does

TIBAS Ventures B.V. is the corporate venture capital arm of İşbank, Türkiye's first and largest private bank, which was founded in 1924 with a mission of supporting new businesses and economic growth. The firm is headquartered in Amsterdam at Singel 542, 1017 AZ, and is structured as a Dutch private limited company. It operates a sector-agnostic investment philosophy, deploying capital into technology startups from the earliest pre-seed stages through growth, with a stated mandate to support "next generation global technology companies."

The firm does not build or sell technology products; its core offering is equity capital combined with strategic support to portfolio founders. Deal sourcing is conducted directly, with founders able to submit decks through the company website. The investment committee is composed of İşbank's CEO Hakan Aran, Deputy CEO Sezgin Lüle, and TIBAS Board Member Cansel Nuray Aksoy, indicating tight governance linkage to the parent bank. The in-house team is compact, led by CEO Erkan Yagcioglu, with Vice Presidents covering investments (Basak Yilmaz, Serra Alkoclar Alp), finance and IT (Deniz Ulupinar), and an associate (Ece Sarica).

TIBAS makes investments across Europe, MENA, Türkiye, and Asia, maintaining a portfolio of 28 companies spanning fintech, AI, cybersecurity, enterprise software, healthcare AI, capital markets infrastructure, and customer experience. Recent disclosed activity includes participating in Hilbert's Series A (alongside Andreessen Horowitz), Forithmus's $4M pre-seed, and Axiology's €5M seed, and leading a strategic investment in D·engage. As a wholly-owned subsidiary of İşbank, TIBAS operates with a single institutional LP and does not publicly disclose AUM, fees, or returns.

Name

TIBAS Ventures

Legal name

TIBAS Ventures B.V.

Website

https://www.tibasventures.com

Company type

Private

Operating status

Operating

Short description

TIBAS Ventures is the corporate venture capital arm of İşbank, Türkiye's largest private bank, making sector-agnostic equity investments from pre-seed to growth stage into global technology startups. Headquartered in Amsterdam, the firm manages a 28-company portfolio spanning AI, fintech, healthcare, and capital markets infrastructure across Europe, MENA, and Asia.

Ownership category

akta.pro rank

Product category

Venture Capital

NAICS

Miscellaneous Financial Investment Activities (523999), Funds, Trusts, and Other Financial Vehicles (525)

akta.pro primary industry

Corporate Strategic Real Assets & Infrastructure Venture Investing (FSANAHAN)

Keywords

• Venture capital investing
• Early stage funding
• Technology startup investments
• Corporate venture capital
• Growth stage equity

Headquarters

HQ city

Besiktas

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Marketing channels1 record

Core offering

TIBAS Ventures is the corporate venture capital arm of İşbank, Türkiye's first and largest private bank. The firm provides equity capital investments to early-stage and growth-stage technology startups across sectors and geographies, operating with a sector-agnostic philosophy and managing a portfolio of 28 companies.

Product overview

TIBAS Ventures is a corporate venture capital fund and does not offer a product or technology platform. It is the venture capital arm of İşbank, providing investment services to startups across various sectors. The firm invests in early to growth-stage companies through sector-agnostic investment philosophy, with portfolio companies spanning fintech, AI, cybersecurity, enterprise software, and other technology verticals.

Differentiator

Problem solved

Functional benefit

Products and services

• Venture Capital Investment Services

Segments4 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves4 records

Expansion highlights4 records

Direct peers

• CommerzVentures: Corporate venture capital arm of Commerzbank, one of Germany's largest banks. Invests in early-to-growth fintech, enterprise software, and adjacent tech — directly comparable to TIBAS as a European bank-affiliated CVC with multi-stage ambitions.
• ABN AMRO Ventures: Venture and growth investment arm of Dutch bank ABN AMRO, also headquartered in Amsterdam. Targets fintech, sustainable tech, and emerging enterprise software — a like-for-like peer given shared Dutch banking roots and similar investment profile.
• BBVA Spark: Corporate venture and fintech platform of global bank BBVA, investing across early-to-growth technology companies. Directly comparable as a large international bank CVC operating a sector-flexible thesis.
• ING Ventures: Innovation and investment arm of Dutch bank ING, focused on fintech, lending platforms, and emerging tech. Closely comparable as a European bank CVC with global ambitions and similar stage flexibility.
• UniCredit Start Lab: Innovation and venture initiative of UniCredit, supporting early-stage tech and fintech startups with banking-network value-add. Comparable as a European bank-affiliated CVC providing strategic backing and customer access.
• BNP Paribas (The Bridge): Innovation and venture program of BNP Paribas backing fintech, deeptech, and sustainability startups. Directly comparable as a major European bank CVC with global investment reach.

Broad incumbents

• Citi Ventures: Corporate venture arm of Citigroup, one of the largest global banks. Operates a broader portfolio across fintech, enterprise tech, and consumer — overlapping in category but at significantly larger scale and incumbency than TIBAS.
• HSBC Innovation Banking: Innovation-focused banking and investment unit of HSBC, serving venture-backed tech companies globally with banking, debt, and equity capabilities. Overlaps with TIBAS as a global bank innovation platform but at much larger scale.

Emerging players

• Plug and Play: Global innovation platform and corporate venture investor that co-invested with TIBAS in Axiology's seed round. Comparable as a sector-flexible platform connecting corporates with startups, and as a frequent syndicate partner to emerging managers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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

M&A

Investments30 records

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

Frequently asked questions about TIBAS Ventures