Idacapital is a venture capital in Turkey that focuses on technology, innovation, and growth investments. It is an SME Impact Fund investing across technology-enabled business verticals in finance, education, life sciences, cleantech, agriculture and other sectors in Turkey. Founded 2013 in Istanbul, Turkey by Anıl Gökçen Körpınar and Cem Baytok, it invests in early stage ventures. Its portfolio companies include MentalUp and Reengen. As of April 2020, Idacapital has made three investments. Their most recent investment was on January 28, 2019 with MentalUp. The company has raised a single venture fund, idacapital Innovation Fund 1. This fund was announced on January 1, 2018 and raised a total of $20M.