About Maxis
Maxis is a venture capital firm founded in 2017. It is primarily based out of Istanbul, Turkey. As of Jun 2025, Maxis is an active investor, having invested in 10 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 A round of Milvus Robotics A lot of funds co-invest with Maxis, with names like Arya Women sharing a substantial percentage of its portfolio. Maxis has team of 21 people including 4 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Rounds of Entry
Seed & Series A
Deals in last 12 months
Maxis' List of Top Investments
Maxis has a portfolio of 10 companies. Their most notable investments are in Lumnion and Co-one.Their portfolio spans across Turkey, Estonia, United Kingdom and 1 more locations. They have invested in Enterprise Applications, High Tech, Retail and 6 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by Maxis:
1. Co-one
AI-based data annotation platform provider. Its crowdsourced platform is gamification supported and allows users to tag images, videos, and text for AI applications. Its features include segmentation, bounding boxes, frame annotation, object tracking, text classifications, and other tools.
Key facts about Co-one
- Founded Year: 2020
- Location: Tallinn (Estonia)
- Annual Revenue: €66.9K as on Dec 31, 2022
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $5.69M
- Employee Count: 17 as on Mar 31, 2026
- Investors: LEAP Investment, Maxis and 5 Others
- Latest Funding Round: Seed, May 12, 2025, $*****
- Highlight: Editors' Pick
Provider of AI-powered autonomous mobile robots for warehouses. It offers solutions for material handling and logistics in warehouses. It also provides fleet management software for controlling the robots.
Key facts about Milvus Robotics
- Founded Year: 2011
- Location: Ankara (Turkey)
- Stage: Series A
- Total Funding till date: $5.1M
- Employee Count: 80 as on Mar 31, 2026
- Investors: Trkiye Kalknma Fonu, APY Ventures and 3 Others
- Latest Funding Round: Series A, Jun 10, 2025, $*****
- Highlight: Editors' Pick
3. Getmobil
Key facts about Getmobil
- Founded Year: 2018
- Location: Sisli (Turkey)
- Stage: Seed
- Total Funding till date: $6M
- Employee Count: 135 as on Mar 31, 2026
- Investors: Maxis, TechOne Venture Capital and 12 Others
- Latest Funding Round: Seed, Feb 13, 2024, $*****
4. MentalUP
Provider of vocational educational games for kids. It provides scientific and gamified brain training and fitness exercises for 4-13 children to improve their cognitive and physical skills. It offers games for preschoolers, kindergarteners, primary school students, and even adults. It improves cognitive skills such as memory, attention, concentration, analytical thinking, and visual intelligence.
Key facts about MentalUP
- Founded Year: 2018
- Location: London (United Kingdom)
- Stage: Seed
- Employee Count: 36 as on Mar 31, 2026
- Investors: Amazon, Maxis and 3 Others
- Latest Funding Round: Seed, Jan 12, 2023, $*****
5. Lumnion
AI-based risk management solutions for non-life insurance industry. It features a Cheetah -risk calculation tool for identifying patterns for detection of insurance products and a Dolphin - a risk simulation tool for adjusting & optimizing pricing for insurance industries. It also, provides customer, fraud, human, and investment analytics to access insights for improving business decisions.
Key facts about Lumnion
- Founded Year: 2016
- Location: Istanbul (Turkey)
- Stage: Seed
- Total Funding till date: $1.09M
- Employee Count: 18 as on Mar 31, 2026
- Investors: Kuveyt Turk Portfolio, Hub GSYO and 9 Others
- Latest Funding Round: Seed, Mar 08, 2024, $*****
Maxis' Year-on-Year Investment Trends
Maxis has invested in 11 companies over the last 3 years, with an average of 3 new investments annually in the last 3 years. In 2025, it made 2 investments. Its most recent first time investment was in Milvus Robotics and most recent follow-on round was in Co-one.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 1 | 1 | 2 |
2024 | 7 | 0 | 7 |
2023 | 2 | 0 | 2 |
Maxis' Investments by Stage
Maxis has made 8 investments in Seed stage with an average round size of $2.02M and 2 investments in Series A stage with an average round size of $7.25M.Stage of entry | No. of Investments |
|---|---|
Seed | 8 |
Series A | 2 |
Note: We have considered here, only first round of investments
Maxis' Investments by Sector
Maxis has a diverse portfolio, with companies operating in the Enterprise Applications, Retail, Consumer, FinTech and High Tech. Notably, it has invested in 8 Tech companies, 5 Enterprise (B2B) companies, 5 Software companies and at least 3 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 5 |
Retail | 3 |
Consumer | 2 |
FinTech | 2 |
High Tech | 2 |
Others | 7 |
Note: We have considered here, only first round of investments
Maxis' Investments by Geography
Maxis has made most investments in Turkey (7), followed by Estonia where it has made 1 investment.Country | No. of Investments |
|---|---|
Turkey | 7 |
Estonia | 1 |
United Kingdom | 1 |
United States | 1 |
Note: We have considered here, only first round of investments
Maxis' recent investments
Maxis has not made any investment in 2026 so far.Here are the most recent investments by Maxis:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 10, 2025 | Turkey | Series A | 2041 | [+3] | |
May 12, 2025 | Estonia | Seed | 8290 | [+2] | |
Dec 06, 2024 | Turkey | Series A | 8893 | - | |
Aug 20, 2024 | Turkey | Seed | 9373 | [+2] | |
Aug 16, 2024 | United States | Seed | 5740 | [+3] |
Team profile of Maxis
Maxis has a team of 21 members including 4 Partners and 7 Principals located in Turkey. Maxis' team does not sit on the board of any company as of now.Here is a list of top team members in Maxis:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Istanbul | - | - | |
Partner | - | - | - | |
Partner | - | - | - | |
Partner | Istanbul | - | - | |
Principal | - | - | - | |
Principal | - | - | - | |
Principal | - | - | - | |
Principal | - | - | - | |
Principal | - | - | - | |
Principal | - | - | - | |
Principal | - | - | - |
Co-investors of Maxis
Over the past 3 years, 41 investors have co-invested in Maxis's portfolio companies. This includes funds and angels.
- Invested before Maxis: APY Ventures, Nevzat Aydın and 7 others have invested in rounds before Maxis. There is 1 company where APY Ventures has invested before Maxis and 1 company where Nevzat Aydın has invested before Maxis.
- Top Co-investors of Maxis: 32 investors entered a company along with Maxis. These include investors like Arya Women (3 companies).
Recent News related to Maxis
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D•engage Raises FundingFinSMEs•Sep 03, 2025•TIBAS Ventures, Tacirler, Trkiye Kalknma Fonu, Maxis and 2 others
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Tark Games secures $2.5M funding led by Ludus VenturesMobidictum•Jul 09, 2025•Tark Games, Ludus, APY Ventures, Maxis
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Milvus Robotics Received $4.5 Million InvestmentMaxi Haber•Jun 10, 2025•TT Ventures, Inveo Ventures, Maxis, APY Ventures and 1 other
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Pricing Coach, which offers artificial intelligence-based dynamic pricing solutions, received $1.1 million in investmentWebrazzi•Nov 27, 2024•Pricing Coach, Maxis, APY Ventures, Kuveyt Turk and 3 others
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Focusing on insurance technologies, Lumnion received an investment of 1 million dollarsWebrazzi•Mar 08, 2024•Maxis, Lumnion, Vakıf Katılım Bankası, OBSS and 7 others
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Denbunu received an investment of $ 1.8 million under the leadership of ECsim VenturesWebrazzi•Feb 28, 2024•Denebunu, Maxis, Arya Women, APY Ventures and 2 others
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Renovated Electronic Product Market Place Getmobil received an investment of $ 6 millionWebrazzi•Feb 13, 2024•Arya Women, Maxis, Logo Ventures, TechOne Venture Capital and 3 others
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