e2vc targets $150M growth fund, pushing assets to $600M
What's the deal? Turkish venture firm e2vcDealroom has a profile for this one. Try Dealroom → has launched the e2vc Growth Fund, targeting $150 million to back Series A, B, and C startups. Structured by Azimut Portföy Yönetimi as a Venture Capital Investment Fund, it will write cheques of up to $10 million.
Why now? Known for pre-seed and seed bets over the past decade, e2vc is moving up the stage ladder. The new fund lets it follow earlier portfolio companies into their growth rounds and provide capital in subsequent financings.
What's the endgame? The fund has two focus areas. The first is mobile gaming; the second is what e2vc calls "Türkiye Nexus" — global tech companies tied to Turkey, including those founded abroad by Turkish entrepreneurs or running engineering, R&D, and operations in the country.
With the new fund, e2vc's total assets under management reach $600 million, while deployable capital across the Growth Fund and Fund III tops $300 million.
By the numbers: e2vc backed six gaming startups through the end of 2025, with Loom Games reaching unicorn status and three others passing $100 million valuations. The gaming portfolio's combined daily revenue peaked at $3 million. In 2026, e2vc added five more gaming companies, taking the total to 11.
Across the wider portfolio, companies generate roughly $5 billion in annual revenue, mostly from overseas markets. Of about 3,000 employees, some 1,500 work in Turkey.
The signal: By extending from seed into growth-stage cheques, e2vc is positioning to capture more of the value created by startups it funded early — while doubling down on mobile gaming and Turkey-linked global tech as its core bets.
Read more: swipeline.co
Image credit: Official GDC
