As ITU SEED; we are proud to witness many success stories in 10 years, with the power of our stakeholders, mentors and investors. Although we have added certain number of startups on this page, actually there are hundreds of them who always make us proud.
Became a mass smart camera manufacturer at its finest
Büyütech specializes in the development of smart camera systems that grant vehicles the ability to perceive their surroundings akin to human perception. Having secured close to $7 million in funding across two rounds, their dedication to advancing automotive technology is evident. Notably, prominent players in the Turkish automotive sector, including Ford Otosan and TOGG, count among their clientele. The production center in Bilişim Vadisi has churned out over 100,000 cameras, boasting an annual capacity of 800 thousand units. Furthermore, the company has recently inaugurated its own camera production facility, underscoring its commitment to innovation and expansion within the industry.
Entering into TR Market through ITU SEED
Develhope, an Italian startup and proud member of the ITU SEED Cohort 2023, is on a mission to combat youth unemployment by providing a comprehensive coding school in Italy, Turkey, and various other nations. With a notable investment of €6 million and generating revenue exceeding €1.5 million in 2023, the company has demonstrated significant financial growth and stability. Partnering with over 300 hiring companies, Develhope has facilitated employment opportunities for its graduates, boasting an impressive 80% placement rate post-graduation. Furthermore, the startup has welcomed over 1600 students into its ecosystem worldwide. Currently, in collaboration with student associations at ITU and startups of ITU Cekirdek Incubation Center, Develhope is in the process of establishing a presence in the Turkish market, further expanding its reach and impact.
Accepted to Entrepreneurs Roundtable Accelerator (ERA)
Intenseye stands out as a pivotal player in employee health and safety, providing an advanced artificial intelligence platform designed to mitigate the risks of accidents and injuries within factory and warehouse settings. With a cumulative investment exceeding $29 million, predominantly from international backers, the company has garnered widespread recognition. Serving clients in over 25 countries and 40 cities worldwide, including Fortune 500 companies, Intenseye safeguards the well-being of over 100,000 employees. Leveraging cutting-edge AI technology, Intenseye's platform has successfully identified 36.5 million unsafe acts and conditions, prompting 10.1 million user interventions in 2023 alone, underscoring its commitment to proactive safety measures and risk mitigation strategies.
TR’s comprehensive family app
Kidolog stands as Turkey's premier family technology startup, offering a diverse array of solutions tailored for families, children, parents, and individuals alike. With a formidable team of over 500 online experts at their disposal, Kidolog has established itself as a trailblazer in the sector. Garnering a valuation approaching $7.5 million, the company's impact is substantial, evidenced by its user base exceeding 250,000 app users. In a testament to their growth and vision, Kidolog, which continues to provide services in 12 countries with the support of 3 native languages, expanded its portfolio through the acquisition of two startups, Readki and PatiWe, in 2023, further solidifying its position as a driving force in family-centric technology innovation.
Global growth in short/mid term rentals
Missafir offers a mutually beneficial solution for homeowners and short- to mid-term rental guests, delivering comprehensive services tailored to streamline the rental process. Through dynamic pricing management, tech-driven operational support, and profile management, Missafir empowers homeowners to effortlessly rent their properties, ensuring speed, reliability, profitability, and peace of mind. With a total funding exceeding $2 million, Missafir has made significant strides, expanding its reach to over 2,300 homes across 30+ cities and 100+ locations in Turkey, Cyprus, Montenegro, and Croatia. The acquisition of its Croatian counterpart, Golden Leaf, in 2023, further bolstered its market presence. Experiencing a remarkable growth of 2.5 times, the company served over 150,000 customers in 2023, solidifying its position as a leading player in the short-term rental industry.
Patent champion of the country
RePG Energy boasts innovative renewable energy technology capable of generating electricity from changes in relative humidity and heat. With over 10 registered patents and more than 40 active patent applications, their commitment to pioneering advancements is evident. The company's reach extends to over 5 countries through exports, reflecting its global impact. Valued at over $60 million, RePG Energy stands as a leader in the renewable energy sector, driving sustainable solutions for a greener future.
Scouts the football talents of the globe
Scoutium emerges as a prominent digital football monitoring platform with a global mission to unearth talented amateur players across the globe. With an accumulated investment nearing $3.5 million, the company has established itself as a key player in the industry. Collaborating with over 30 clubs spanning Turkey, Germany, the Netherlands, and Poland, Scoutium has meticulously analyzed thousands of young talents, leading to the discovery of numerous promising football players. Boasting a user base exceeding 100,000 worldwide, its app serves as a vital tool for scouting and talent identification, facilitating connections between aspiring athletes and professional clubs on an unprecedented scale.
Accepted to Alchemist Accelerator
Simularge stands at the forefront of industrial innovation, offering integrated applications and development platforms encompassing data analytics, machine learning, mechanical simulation, and app creation modules. Renowned for its groundbreaking technology that minimizes industrial production loss and delivers substantial cost savings for its clientele, Simularge earned a coveted spot in the esteemed 2021 cohort of Alchemist, one of the premier B2B accelerators in the USA. As a leading player in both digital twin technology and manufacturing-oriented simulation software, the startup boasts a prestigious clientele and has garnered significant attention in the industry. With a total funding of $450,000, Simularge continues to spearhead transformative solutions that revolutionize industrial processes and drive efficiency and profitability for its customers.
Active in 120+ countries
Vivoo stands as a trailblazing wellness-tech innovator, dedicated to crafting and enhancing personalized products through cutting-edge technology. Backed by prominent global investment networks such as Draper Associates, ONCE Ventures, Revo Capital, 500 Startups, Halogen Ventures, and Techstars, the company has solidified its position as a leader in the field. With an extensive reach spanning over 30 countries and partnering with 150 distributors, Vivoo has successfully reached over 60,000 app users across more than 120 countries. Demonstrating strong investor confidence, the company has raised over $8 million in total funding, empowering them to continue developing groundbreaking solutions that positively impact individual well-being on a global scale.
Used in Massachusetts Institute of Technology (MIT)
Virasoft is at the forefront of revolutionizing cancer diagnosis and research through its development of artificial intelligence (AI) and digital pathology solutions. With a total investment exceeding $5 million, the company has garnered international acclaim, serving a diverse array of customers across the globe. In a significant milestone, Virasoft forged a strategic partnership with laboratories at MIT in 2019, further solidifying its position as a leader in the field. Their solutions are instrumental in analyzing 140,000 cases annually across over 20 institutions, offering invaluable support to hundreds of pathologists worldwide by streamlining workflow processes and aiding in decision-making.