📈 We're thrilled to announce the release of our 2023 Annual Report! As we reflect on the past year, we couldn't be more proud of the incredible wins our portfolio companies have achieved. Despite the complex business environment that characterized the last year, we look back at this period as one of remarkable resilience and growth. A few insights from the report: 🌎 Doing more with less has become more than just an operational objective; it’s become a mandate for survival. 🚀 In 2023, our portfolio companies reached key commercial milestones (with several breaching the $100M revenue mark), established landmark partnerships, and closed funding rounds amidst a challenging macroeconomic climate. 💡 While the progress observed in the portfolio reflects the fundamental importance of these businesses to the needs of the customers they serve, it also demonstrates their criticality to society at large. #venturecapital #climatetech #industrialtech
Tekfen Ventures
Venture Capital and Private Equity Principals
Investing in companies transforming the sectors that help build, feed, supply, and power the world.
About us
Tekfen Ventures is a leading corporate venture firm investing in industrial innovations that reinvent the way we sustainably feed, build, supply, and power our world. Leveraging over 60 years of deep industrial expertise from our corporate partner, Tekfen Holding, we back bold founders advancing novel solutions that address key capability gaps in the efficiency, resilience, and sustainability of the critical sectors that produce our food, housing, goods, infrastructure, and energy. We are proud, early backers of category-creating deep tech companies that have raised over $2B from some of the world's largest institutional and impact investors. Highlights from our portfolio include industrial winners like Pivot Bio (sustainable crop nutrition), Claroty (industrial cybersecurity), and Tropic Biosciences (climate-resilient crop genetics), and we have returned capital through successful exits of proptech leader Latch (LTCH) and AI agtech pioneer, Prospera.
- Website
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https://www.tekfenventures.com
External link for Tekfen Ventures
- Industry
- Venture Capital and Private Equity Principals
- Company size
- 2-10 employees
- Headquarters
- New York
- Type
- Public Company
- Founded
- 2016
- Specialties
- Robotics, Venture Capital, Technology, Innovation, Agriculture, Construction, Manufacturing, and Climate Tech
Locations
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Primary
50 W 23rd St
New York, US
Employees at Tekfen Ventures
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Kris Kemeny
Ag, Industrial, & Climate Tech Investor | Founder & MD @ Tekfen Ventures
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Uğur Bayar
Chairperson, Tekfen Ventures
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Jordan Steffy
Connector + Builder | Industrial Tech VC @ Tekfen Ventures
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Eyal Fisher
VC @ Tekfen Ventures - Investing in Industrial Innovation & Decarbonization
Updates
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Tekfen Ventures reposted this
Sight Machine and Siemens announce a partnership bringing manufacturing AI to on-premises automation networks. Sight Machine’s Manufacturing Data Platform is now available on Siemens Industrial Edge. Read the full press release: https://lnkd.in/evpUvrHD
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Tekfen Ventures reposted this
Extremely honored to be part of the judge panel for the 2024 Kellogg-Morgan Stanley Sustainable Investing Challenge in partnership with Northwestern University - Kellogg School of Management. Congratulations to all the semifinalists, and looking forward to meeting students from around the world who will be pitching creative financial approaches for our most pressing social and environmental challenges! #climatesolutions #climatetech
I am excited to announce the semifinalists for the 2024 Kellogg-Morgan Stanley Sustainable Investing Challenge in partnership with Northwestern University - Kellogg School of Management! In April, 12 teams of graduate students from across the world will join us in our New York City Headquarters to pitch their creative financial approaches to tackling some of our most pressing social and environmental challenges. If you are competing or know someone who is, please tag them below and wish them luck! Swipe below to meet the 12 teams and to learn more about their approaches. And a big thank you to June Yearwood, Rajan Kundra, Adam Connaker, Florian Meister, Gloria Nelund, Perry Teicher, Hugh Brown, Humaira Faiz, Matthew Diserio, Melanie Paty Nagpal, Eyal Fisher, Kate Starr, Rebeca Ehrnrooth, Jason Scott, Myriam Ahmed, Adam Wolfensohn, Patrick Hayden, Anuj Kamdar, Maria Kozloski, Jill N., Lola C. West, and Liz M. for your support and participation in the Challenge!
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Tekfen Ventures reposted this
At Tropic, ESG is central to our mission to build the food system of tomorrow. We continuously implement best practices across our growing business and we’re proud to announce that we’ve successfully completed an independently audited ESG assessment with Omnevue. We’re now hiring a Sustainability Manager. If you’re passionate about driving sustainability projects within organisations and contributing to a healthier planet at scale, then this role is for you. You can apply here: https://lnkd.in/eyNYm7_r Applications close on the 29th of April.
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Tekfen Ventures reposted this
The world of Venture Capital is undergoing a seismic shift! There are more and more areas of spend and income that women are leading. The flow of trillions of dollars into women's hands is a trend being driven mostly by demographics. Women now control about a third — or $10 trillion — of total U.S. household assets, according to McKinsey & Company. Women-led companies are leading the charge in terms of innovating solutions in areas that women know best. For example sectors like health, wellness, education tech, future of work, commerce enablement, ecommerce come to mind. Aavia (Aagya Mathur + Aya Suzuki), CENTURY Tech (Priya Lakhani OBE), Compt (Amy Spurling), Good-Loop (Amy Williams), inspace (Elena Beloshapkova), Landing (Ellie Buckingham + Miri Buckland), Velma (Justin Curhan + Lisa Jiang) and Vizer (Dylan Barbour + Samantha Pantazopoulos) – just a few examples of our 60+ investments so far. Each fund has its unique vision on how to be the guiding force for a startup’s success. It often boils down to a blend of connections and expertise. This alchemy is akin to making Chai. While our support model is an ever-evolving entity, the current linchpin is the network effect. To me, it means the value of a community compounds as more individuals join. #VentureCapital will need thousands of talented women over the coming years to emerge as check writers at top funds to ensure that capital gets deployed well, given these emerging investment themes. We had 100+ attendees at our Women’s History Month Celebration Event at Rise, created by Barclays with representation from companies like Alpha Partners, The BFM Fund, BMO, Chief, Gunderson Dettmer, Female Founders Fund, Jefferies, J.P. Morgan, Purple Sage Ventures, Tekfen Ventures, Union Heritage, and more! As I said in my opening remarks at our event, together we are taking a stand to support women. It will take hundreds of billions to invest in these critical areas and the by-product will be more women led unicorns, more women VC partners, and more opportunities for women LPs — together we rise:) Thank you for the amazing photos, Adeline Nieto!!
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Tekfen Ventures reposted this
🗽Earlier this month, the NYSE celebrated Claroty securing $100 million in strategic growth financing on their iconic trading floor. With this up-round investment, we plan to accelerate vertical and regional expansion, product innovation, and strategic partnerships. Thanks again to our investors (Delta-v Capital, AB Private Credit Investors, Standard Investments, Toshiba Digital Solutions, SE Ventures, Rockwell Automation, and Silicon Valley Bank) and the New York Stock Exchange! Read more: https://hubs.li/Q02qTtN50
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Tekfen Ventures reposted this
This is the biggest innovation in fertilizer since the 1960's.
“Think of RhizoSorb as MAP 2.0. This is the biggest thing since the 60s. There is no tech that has been able to help growers in this way,” Dick says. “It arrives at the retail location ready to apply. It is the first technology to increase Anionic Exchange Capacity, which leads to up to 33% less volume needed to be applied. And it’s based on plant-driven release, so up to 50% more phosphorus makes it into the plant.” https://lnkd.in/dQawxKqB
One New Way to Get More Phosphate in The Plant
agweb.com
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Tekfen Ventures reposted this
Recent cyber attacks on the US healthcare system are a stark reminder of the vulnerability of our critical infrastructure in the face of malicious threat actors. With another successful fundraise and the addition of world class strategic partners, I'm delighted to share that Claroty has achieved another significant milestone as the leading cybersecurity solution for industrial assets that our society depends on.
We’re pleased to announce that Claroty has secured $100 million in strategic growth financing thanks to Delta-v Capital, Standard Investments, AB Private Credit Investors , Toshiba Digital Solutions, SE Ventures, Rockwell Automation, and Silicon Valley Bank. The new investment will go toward accelerating vertical and regional expansion, product innovation, strategic partnerships, and scaling Claroty’s platform approach to CPS protection. Read more: https://hubs.li/Q02nmfBd0
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Phospholutions, Inc. has released its findings in its RhizoSorb® Live Cycle Assessment, demonstrating a nearly 50% decrease in phosphorus fertilizer carbon emissions: https://lnkd.in/gZfuTsEu A key finding form the LCA isRhizoSorb®'s potential to prevent 3.4 billion tons of CO2 eq emissions, equivalent to removing more than 700,000 cars annually, if used in all US corn productin. It is also protecting freshwater resources by limiting run-off by 78%, contributing to more than a 40% decrease in eutrophication and a 34.7% reduction in acidification when compared to traditional Monoammonium Phosphate (MAP) fertilizers.
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Tekfen Ventures reposted this
Exciting news from Sight Machine and TeamViewer - partnering to accelerate the digitization of industry! 👏
Sight Machine today announced it has received a strategic investment from Germany’s TeamViewer, and will offer a combined solution with TeamViewer’s market-leading and highly secure remote connectivity and industrial AR. This investment is testament to our shared commitment to harnessing the power of data to shape the future of smart factories. Learn more: https://lnkd.in/eTA3-dP3
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