Tüpraş is Turkey's largest industrial enterprise, Europe's seventh largest refinery, and the 30th largest globally. Tüpraş Ventures was established at the end of 2022 as a wholly-owned subsidiary of Tüpraş. Tüpraş Ventures invests in, partners with, and supports startups in the field of energy transition solutions and solutions that contribute to sustainable production. Our primary geographic focus areas are North America and Europe. Most direct investments are in companies at the early growth stage with products on the market or close to launch.
Tüpraş established an Innovation Department in early 2017 and has engaged with startups ever since.
Emerald is a globally recognized venture capital firm building a sustainable future at the crossroads of industry and technology. Tüpraş has been an investor in the Emerald Industrial Innovation Fund since 2020.
Iongenics is an early-stage technology venture founded by two scientists. It develops and manufactures energy-efficient, safe and modular systems for green hydrogen generation.
Verdagy is innovating water electrolysis technology for the large-scale production of green hydrogen.