TT Ventures Proje Geliştirme A.Ş.

TT Ventures Proje Geliştirme A.Ş. | TT Investor Relations

Year of Establishment: 2018​

Business Segment: Corporate Venture Capital

Türk Telekom Share: 100%

Web Site: www.turktelekomventures.com.tr/en​​​​

Promoting Entrepreneurship and Innovation

Türk Telekom Ventures (TT Ventures) continues to support the growth of innovative ideas through a comprehensive investment strategy that backs the entrepreneurship ecosystem at various stages. It offers seed funding through its PILOT Programme for early-stage startups, while accelerating the growth of more advanced ventures through investment mechanisms. In addition, by investing in international funds, it gains access to global technology startups and unlocks new opportunities.

This diversified investment model allows for early-stage support of innovative ventures while also aiming to create long-term value through investments in startups with proven revenue streams. Türk Telekom Ventures is helping to strengthen the entrepreneurship ecosystem both in Türkiye and international markets.

Strategic Investments and the Venture Capital Investment Fund (VCIF)

Since its inception, TT Ventures has invested in 12 different startups, shaping its investment decisions based on key criteria such as strong founding teams, large market opportunities, technological innovation, and scalable business models.

TT Ventures continues its investments through the independently managed Venture Capital Investment Fund (VCIF), established in 2022, in which Türk Telekom Group is one of the main investors. Through this fund it aims to generate financial returns with participation of both domestic and international investors. With participation from investors across various sectors, the TT Ventures ecosystem has become even more diversified and now boasts a broad business network.

Prioritising AI, Cybersecurity and Health Technologies

TT Ventures focuses on supporting growth in technology-driven sectors, prioritising highgrowth areas such as AI-powered B2B solutions, cybersecurity, and health technologies. It also continues to assess other sectors with opportunistic investment potential.

TT Ventures goes beyond acting solely as a venture capital fund by actively supporting startups in sales, marketing, business development, and international expansion. It aims to establish strong partnerships with visionary entrepreneurs to grow innovative and transformative ideas globally while fostering the sustainable development of the ecosystem.

Partnerships with Universities and Technoparks

TT Ventures collaborates closely with leading universities and technoparks to support the growth of the entrepreneurship ecosystem in Türkiye, from the ideation phase to commercialisation. As an implementing organisation within TÜBİTAK’s BİGG programme, it continues to support innovative entrepreneurs in collaboration with ODTÜ Teknokent and Istanbul Teknopark.

Furthermore, through its company established in the United States and strategic collaborations, it supports not only its own portfolio startups but also Türk Telekom and its group companies in their business development and investment activities in global markets. This approach positions Türk Telekom as a technological bridge between Türkiye and international markets.

In 2024, TT Ventures took pride in Türk Telekom being ranked among the top five most startupfriendly companies at the Corporate Startup Day event. It also received a plaque award at the TakeOff event, once again demonstrating its contribution to the entrepreneurship ecosystem as Türk Telekom Ventures.

PILOT Programme

Launched by Türk Telekom in 2013 to support technology startups and provide innovative products and services to customers, the PILOT Programme also offers strong backing for domestic entrepreneurs. Now in its 12th term in 2024, the programme has graduated 121 startups and provided over 2 million USD in cash support. Through Türk Telekom Ventures, 17 different startups have received investment, while 66 PILOT alumni attracted more than 51 million USD in total from other ecosystem investors, achieving notable growth.
Startups selected for the PILOT Programme held one-on-one mentoring sessions with over 450 mentors across 12 weeks and gained access to Türk Telekom’s extensive business network. During the programme, startups explored collaboration opportunities with Türk Telekom and participated in more than 35 training sessions delivered by field experts to further develop their businesses. Each accepted startup receives initial cash support, and those who successfully complete the programme are eligible for investment from Türk Telekom Ventures.

At the end of the programme, teams have the opportunity to join a two-week programme in the United States in collaboration with Stanford University, where they engage with globallyrecognised mentors and investors to expand their vision and scale internationally.

Yaay

Yaay is a domestic social media platform that was launched in August 2020. Yaay enables users to share freely, follow current events, and engage socially by posting text, photos, or videos. Users can interact with posts through comments, quotes, likes, or by expressing disapproval using dislike button. The platform also offers a story feature that disappears after 24 hours. A new interface has also been developed that uses artificial intelligence to generate news and share it directly on Yaay. The story section was completely overhauled, adding features like Boomerang, text overlays, collage creation, and new sticker packs. With Phase 2 developments, additional features such as story views, user tagging, URL insertion, and location tagging were also introduced.

Playstore

Backed by Türk Telekom, Playstore.com is a digital entertainment platform offering a wide range of products for gamers. It offers the latest PC games, free-to-play and mobile bundles, and digital entertainment codes with a variety of payment options.

The number of sales channels offering Playstore.com wallet codes was increased from one to five, enabling users to access wallet codes through more platforms. Wallet codes valid for digital TV, gift cards, and app stores were added to the product line, expanding access beyond games to a wide range of digital content and offering users a full 360-degree digital entertainment shopping experience.