Turkish Startup Mindsite Secures $2 Million to Boost Global Expansion

Mindsite, a Turkish startup specializing in e-commerce and digital shelf analytics, has successfully closed a $2 million investment round aimed at boosting the company’s growth in international markets and strengthening its global organizational framework.

The round saw participation from: Technology Development Foundation of Turkey via its Technology Investment unit, Sharks&Partners, Finberg, the Technology and Innovation Fund under the Türkiye Development Fund, Vestel Ventures, Gelecek Etki Fund in partnership with Tacirler Portföy / Asset Management, Türk Telekom Ventures GSYF, LEAP Investment, and Omer Erkmen.

With most existing investors rejoining, the round demonstrates strong confidence in Mindsite’s growth trajectory to date.

Currently operating in the UK and Indonesia, Mindsite plans to open new offices in Malaysia, Australia, the UAE, Saudi Arabia, and Brazil, expanding through hybrid teams that combine core Turkish staff with local talent, ensuring Mindsite’s global culture is enriched with local expertise.