E2vc launches $150m growth fund for Turkish games and tech companies
Published 5 Nov 2026 · Games Atlas Editorial · Fund Formation & LP Raise
Games Atlas summary: E2vc launched a $150 million growth fund advised by the firm and established by Azimut Portföy Yönetimi. The fund targets Series A to Series C mobile gaming and technology companies with ties to Türkiye. Initial checks reach up to $10m per company, with further capital available in later rounds. The launch lifts e2vc's total assets under management to $600m, including more than $300m still available to deploy.
How to cite this page
Games Atlas — Games Industry Intelligence (2026). E2vc launches $150m growth fund for Turkish games and tech companies. Published 5 Nov 2026. https://gamesatlas.app/article/e2vc-launches-150m-growth-fund-for-turkish-games-and-tech-companies
Deal structure fills a late-stage gap in e2vc's own strategy
- The e2vc Growth Fund is established by Azimut Portföy Yönetimi and advised by e2vc.
- It expands e2vc's strategy beyond a decade-long focus on pre-seed and seed-stage rounds.
- Initial investments reach up to $10m per company, with additional funding available as portfolio companies scale.
- More than $300m sits available across the new Growth Fund and the firm's existing Fund III.
Portfolio companies outgrew e2vc's early-stage mandate
- "To date, we have invested in many successful companies at a very early stage. But as these companies grew, our investment scope meant we could not continue backing them in later funding rounds. With e2vc Growth, we will now be able to support our strongest portfolio companies through their growth stages as well." - Enis Hulli, General Partner, e2vc
- The quote frames the new fund as a direct response to a capital gap e2vc itself created by staying early-stage for a decade.
Gaming portfolio already shows scale before the fund existed
- E2vc has backed 11 gaming companies, including Loom Games, which reached unicorn status.
- Three additional portfolio companies achieved valuations above $100m.
- The gaming portfolio generated combined daily revenue of $3m at its peak.
- Mobile gaming is one of two main investment areas for the new growth fund.
Fund extends beyond games to Turkish-linked tech firms
- The fund also targets technology companies founded by Turkish entrepreneurs.
- Eligibility extends to firms with strong Turkish ties through teams, R&D or operations.
- This positions e2vc's growth vehicle as a domestic capital source spanning both gaming and technology sectors.
What this means
- For Investors & VC: Secure co-investment slots early in Istanbul mobile rounds before insider follow-ons crowd allocation.
- For Publishers & Developers: Pursue self-publishing at Istanbul mobile studios, funding scale with local growth equity over publisher advances.
- For Service Vendors: Pitch UA, LiveOps and localization to Istanbul portfolio studios now funded for international expansion.