About Diffusion Capital Partners
Diffusion Capital Partners is a venture capital firm founded in 2007. It is primarily based out of Istanbul, Turkey. As of Aug 2026, Diffusion Capital Partners is an active investor, having invested in 33 companies, with 1 new investment in the last 12 months. It primarily invests in Seed round in Turkey based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Retail. Most recently it participated in the $***** Series D round of Etched Overall, Diffusion Capital Partners portfolio has seen 1 IPO and 3 acquisitions, namely Parasut, Logo Yazılım and FU Real Estate Investment Consulting. A lot of funds co-invest with Diffusion Capital Partners, with names like 500 Global sharing a substantial percentage of its portfolio. Diffusion Capital Partners has team of 8 people including 6 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 2 more
Portfolio IPOs
Diffusion Capital Partners' List of Top Investments
Diffusion Capital Partners has a portfolio of 33 companies. Their most notable investments are in V-Count and GoWit.Their portfolio spans across Turkey, United States, United Kingdom and 1 more locations. They have invested in Enterprise Applications, High Tech, Retail and 23 other sectors, across stages such as Seed, Series A and 2 more. Here is the list of top investments by Diffusion Capital Partners:1. Parasut
Parasut provides cloud-based invoice management and collection solutions for small & medium businesses. Its features solutions for invoice tracking, recurring billing, current account tracking, income & expense tracking, reporting, and more. The app is available for Android and iOS platforms.
Key facts about Parasut
- Founded Year: 2013
- Location: Istanbul (Turkey)
- Stage: Acquired
- Total Funding till date: $3.99M
- Employee Count: 92 as on Sep 30, 2026
- Investors: Ribbit Capital, 500 Global and 3 Others
- Latest Funding Round: Series B, Oct 24, 2016, $*****
- Highlight: Acquired
2. Etched
Provider of specialized hardware for artificial intelligence designed to accelerate specific model types, such as transformers. It is a startup developing specialized hardware for artificial intelligence, specifically designing the world's first transformer ASIC, a chip optimized for running transformer models that aims to offer a significant speed-up in AI workload processing.
Key facts about Etched
- Founded Year: 2022
- Location: San Jose (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $1.63B
- Employee Count: 250 as on Nov 12, 2025
- Investors: Kleiner Perkins, Ribbit Capital and 44 Others
- Latest Funding Round: Series D, Aug 18, 2026, $*****
- Highlight: Editors' Pick
3. GoWit
Provider of a platform for retail media advertising and monetization. The platform empowers retailers, brands, agencies, and publishers to monetize advertisements. It supports online and offline channels. The platform offers tools for campaign management, data activation, and full-funnel activation. It provides options for self-service or managed campaign execution.
Key facts about GoWit
- Founded Year: 2019
- Location: Newark (United States)
- Stage: Seed
- Total Funding till date: $2.3M
- Employee Count: 34 as on Sep 30, 2026
- Investors: Esas Ventures, Diffusion Capital Partners and 6 Others
- Latest Funding Round: Seed, Nov 17, 2025, $*****
4. Doktar
Provider of digital agriculture technologies and services for agronomic decision-making. The company offers digital products and services that provide agronomic advice, operational optimization, and market insight. These connected technologies enable precision agriculture and minimize input costs. Artificial intelligence models are applied to data from IoT devices, weather forecasts, satellite images, and soil analyses. The company also provides corporate services and farmer relationship management applications.
Key facts about Doktar
- Founded Year: 2012
- Location: Wageningen (Netherlands)
- Stage: Series A
- Total Funding till date: $8.64M
- Employee Count: 140 as on Sep 30, 2026
- Investors: Pymwymic, Diffusion Capital Partners and 2 Others
- Latest Funding Round: Series A, Jun 24, 2025, $*****
- Highlight: Editors' Pick
5. V-Count
AI-powered visitor analytics solutions designed for physical locations. The company offers a comprehensive suite of products, including people counting sensors, heatmaps, queue management, and demographic analysis tools.. It provides users with traffic analysis solutions for in-store retailers. Its designs and manufacturers of 3D and 2D people counter based on stereo vision. Its solution offerings include people counting, potential shopper counting, demographic segregation, heat map generation, queue counting, and more.
Key facts about V-Count
- Founded Year: 2015
- Location: London (United Kingdom)
- Stage: Series A
- Total Funding till date: $3.49M
- Employee Count: 64 as on Aug 31, 2026
- Investors: Kube VC, Revo Capital and 5 Others
- Latest Funding Round: Series A, Dec 21, 2021, $*****
- Highlight: Editors' Pick
Diffusion Capital Partners' Year-on-Year Investment Trends
Diffusion Capital Partners has invested in 33 companies over the last 10 years, with an average of 1 new investment annually in the last 10 years. In 2025, it made 3 investments, while as of Aug 2026, it has made 2 investments in this year. Its most recent first time investment was in Etched and most recent follow-on round was in Etched.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 1 | 2 |
2025 | 1 | 2 | 3 |
2024 | 1 | 3 | 4 |
2023 | 1 | 0 | 1 |
2022 | 4 | 0 | 4 |
2021 | 0 | 0 | 0 |
2020 | 0 | 0 | 0 |
2019 | 0 | 0 | 0 |
2018 | 2 | 0 | 2 |
2017 | 3 | 0 | 3 |
Diffusion Capital Partners' Investments by Stage
Diffusion Capital Partners has made 11 investments in Seed stage with an average round size of $1.69M, 1 investment in Series A stage, 1 investment in Series B stage with an average round size of $2M and 1 investment in Series C stage with an average round size of $300M.Stage of entry | No. of Investments |
|---|---|
Seed | 11 |
Series A | 1 |
Series B | 1 |
Series C | 1 |
Note: We have considered here, only first round of investments
Diffusion Capital Partners' Investments by Sector
Diffusion Capital Partners has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Vertical SaaS, Artificial Intelligence - Industry Applications and FinTech. Notably, it has invested in 25 Tech companies, 24 Enterprise (B2B) companies, 18 Software companies and at least 11 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 9 |
High Tech | 6 |
Vertical SaaS | 6 |
Artificial Intelligence - Industry Applications | 4 |
FinTech | 3 |
Others | 19 |
Note: We have considered here, only first round of investments
Diffusion Capital Partners' Investments by Geography
Diffusion Capital Partners has made most investments in Turkey (7), followed by United States where it has made 4 investments.Country | No. of Investments |
|---|---|
Turkey | 7 |
United States | 4 |
Netherlands | 2 |
United Kingdom | 1 |
Note: We have considered here, only first round of investments
Diffusion Capital Partners' recent investments
Diffusion Capital Partners has made 2 investments in 2026 so far - Etched and Etched.Here are the most recent investments by Diffusion Capital Partners:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 18, 2026 | United States | Series D | 7594 | [+11] | |
Jul 23, 2026 | United States | Series C | 4899 | [+8] | |
Nov 17, 2025 | United States | Seed | 4116 | [+2] | |
Jun 24, 2025 | Netherlands | Series A | 9116 | [+1] | |
Apr 16, 2025 | - | Seed | 2905 | [+1] |
IPOs and Publicly Listed companies in Diffusion Capital Partners' Portfolio
1 of Diffusion Capital Partners' portfolio company became public - Logo Yazılım. It got listed on the Borsa Istanbul (IST), in Feb 2010.Here are Diffusion Capital Partners' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 26, 2010 | - | - | 6611 |
Acquired companies in Diffusion Capital Partners' Portfolio
3 companies from Diffusion Capital Partners' portfolio have been acquired. The most recent acquisition was ATAR Labs in Jul 2020 by Micro Focus for $*****.Here are Diffusion Capital Partners' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 13, 2020 | Sep 29, 2017 | Seed | 1101 | |
May 29, 2019 | Oct 24, 2016 | Series B | 3542 | |
Dec 01, 2017 | - | - | 6257 |
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Team profile of Diffusion Capital Partners
Diffusion Capital Partners has a team of 8 members including 6 Partners and 1 Venture Partner located in Turkey. Diffusion Capital Partners' team does not sit on the board of any company as of now.Here is a list of all team members in Diffusion Capital Partners:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Ankara | - | ||
Partner | Ankara | - | ||
Partner | Istanbul | - | ||
Partner | Istanbul | - | ||
Partner | Ankara | - | - | |
Partner | Istanbul | - | - | |
Venture Partner | - | - | - |
Co-investors of Diffusion Capital Partners
Over the past 10 years, 75 investors have co-invested in Diffusion Capital Partners's portfolio companies. This includes funds and angels.
- Invested before Diffusion Capital Partners: Revo Capital, Ribbit Capital and 37 others have invested in rounds before Diffusion Capital Partners. There are 2 companies where Revo Capital has invested before Diffusion Capital Partners and 2 companies where Ribbit Capital has invested before Diffusion Capital Partners.
- Top Co-investors of Diffusion Capital Partners: 20 investors entered a company along with Diffusion Capital Partners. These include investors like 500 Global (1 company).
- Invested after Diffusion Capital Partners: A total of 16 investors have invested in Diffusion Capital Partners's portfolio after their investments. Top Investors include Europa (2 companies), Kleiner Perkins (1 company) and Tiger Global Management (1 company).
Recent News related to Diffusion Capital Partners
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Decade Raises $85M Seed FundingThe SaaS News•Aug 05, 2026•Decade, Benchmark, Greenoaks, Diffusion Capital Partners
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GoWit Secures Strategic Investment Led by Nuwa Capital to Drive the Next Era of AI Retail Media in EMEABusiness Wire•Nov 17, 2025•Formus Capital, GoWit, APY Ventures, Nuwa Capital and 1 other
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Doktar, which develops agricultural technologies, received an investment of 7.5 million eurosSwipeline•Jun 24, 2025•Doktar, ECBF, Pymwymic, Diffusion Capital Partners
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Advertising platform GoWit raises $1.3 millionWebrazzi•Aug 12, 2024•GoWit, Diffusion Capital Partners, Formus Capital, APY Ventures and 2 others
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Local game company Mixer Games received investment at a valuation of $ 5 millionWebrazzi•Apr 05, 2024•Mixer, WePlay Ventures, Diffusion Capital Partners
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Artificial Intelligence -oriented Domestic Venture Enhencer received an investment of $ 1 millionegirisim•Apr 05, 2024•Enhanzer, Diffusion Capital Partners, Bogazici Ventures, Enhencer
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Doktar, a local startup focusing on agricultural technologies, received investment under the leadership of Diffusion Capital Partners.egirisim•Oct 27, 2023•Doktar, Diffusion Capital Partners
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Productivity-oriented domestic video analysis platform Khenda received a seed investment of 1 million dollarsegirisim•Dec 27, 2022•Khenda, Diffusion Capital Partners, Koc Holding
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DCP set for final close on EUR 45m growth fund this monthUnquote•Sep 22, 2022•Diffusion Capital Partners
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Domestic SaaS Enhencer, which increases the advertising revenues of e-commerce companies, received an investment of 700 thousand dollarsegirisim•Aug 11, 2022•Enhencer, Diffusion Capital Partners, Bogazici Ventures
