Tupras Ventures

Tupras Ventures operates as the corporate venture capital arm of Tüpraş, Turkey’s largest industrial enterprise. It identifies, invests in, and forms partnerships with innovative startups. The firm's core focus is on developing and supporting solutions within the energy transition, including sustainable refining, advanced biofuels, hydrogen technologies, and carbon capture initiatives, aiming to bolster the parent company's strategic evolution in the energy sector.

Established in 2022, Tupras Ventures emerged as a wholly owned subsidiary of Tüpraş, based in Istanbul, Turkey. The firm was founded out of a strategic imperative by its parent company to actively participate in and shape the future of energy transformation. This insight recognized the necessity of external innovation and strategic investments to complement internal research and development efforts in a rapidly evolving global energy landscape.

Tupras Ventures primarily serves early-stage technology companies, providing capital and strategic support to those developing energy transition solutions. The firm's geographic investment scope primarily encompasses Europe and North America, with a broader outlook towards global opportunities. Its vision is to foster a portfolio of cutting-edge technologies that will collectively advance a sustainable energy future and reinforce Tüpraş’s leadership in sustainable industrial practices.