Mobility technology startup Vignetim, which has reached over 500,000 users, has become the first investment of the İTÜ ARI Teknokent Venture Capital Investment Fund (GSYF), established in partnership with Maxis. Representing İTÜ ARI Teknokent’s vision of connecting technology startups with capital, business networks, and global opportunities, this strategic move will strengthen Vignetim’s growth in Europe and its position in mobility services connecting Turkey and Europe.
Vignetim, an İTÜ Çekirdek-incubated startup offering digital highway vignettes, toll payments, HGS (Turkey’s electronic toll collection system), and travel services on a single platform across Europe, has entered a new phase of its growth journey with the investment made by the İTÜ ARI Teknokent Venture Capital Investment Fund (GSYF), established in partnership with Maxis. The investment will help the company accelerate its expansion plans in the European market, scale its solutions for road mobility between Turkey and Europe, and strengthen its vision of becoming a “travel mobility super-app” that digitizes the travel experience end-to-end.
Founded in 2024, Vignetim allows drivers to purchase, through a single platform, the digital highway vignettes, toll payments, HGS, and travel-related services they need across various countries, particularly in Europe. In addition to digital vignette sales, the company integrates e-SIM and other travel-focused complementary services, making the cross-border travel experience fully digital from end to end.
Vignetim is developing solutions specifically aimed at digitizing HGS processes for foreign-plated individual vehicles and international fleets entering and exiting Turkey. In this context, the company aims to make the highway toll, payment, and travel services needed by users and fleet operations traveling between Turkey and Europe more accessible, manageable, and centralized.
Having reached more than 500,000 users to date and generating active revenue, Vignetim offers solutions for corporate customers and business partners in addition to individual users. The company’s B2C, B2B, and API-based business model also allows travel and mobility platforms in different sectors to make use of Vignetim’s infrastructure.
A Technology Solution for Europe’s Growing Mobility Economy
Millions of drivers across Europe face a fragmented and complex user experience due to differing highway usage systems, toll fees, electronic toll collection systems, and travel requirements across countries. By bringing this process together under a single platform, Vignetim offers users fast, secure, and centralized access to the digital travel and toll products they need. With the infrastructure it has developed in mobility technologies, the company aims to build not just a digital vignette sales platform, but a next-generation mobility ecosystem that simplifies the international travel experience. By making toll and road usage systems across different countries — including HGS — accessible through digital channels, Vignetim aims to offer a travel infrastructure that can be managed from a single point for both individual drivers and fleets.
A New Chapter with Support from İTÜ ARI Teknokent GSYF
With the investment made by the İTÜ ARI Teknokent Venture Capital Investment Fund (GSYF), established in partnership with Maxis, Vignetim will focus on product development, integrating new countries and services, digital solutions related to toll systems including HGS, strengthening its technology infrastructure, and its growth targets in the European market.
In the period ahead, the company aims to bring together the digital services needed during travel under a single app, offering users a comprehensive mobility experience. In this context, new service integrations, strategic partnerships, fleet solutions, and an API-based growth model are among its priority investment areas.
Prof. Dr. Attila Dikbaş, General Manager of İTÜ ARI Teknokent, noted that Vignetim is in a strong position for investment thanks to the technology infrastructure it has developed in a short time, its proven business model, and its capacity for growth on an international scale. He stated that, as İTÜ ARI Teknokent GSYF, they prioritize supporting technology startups with the potential to create value on a global scale, and that they believe Vignetim will become an important player in Europe’s mobility ecosystem and take its place among the successful technology startups emerging from Turkey. Dikbaş continued: “We view Vignetim not merely as a startup operating in the mobility and logistics space, but also from a fintech perspective, given its digital transaction infrastructure and scalable business model. The fact that Vignetim was born out of the İTÜ Çekirdek ecosystem, that it stands out as one of the successful ventures we have supported for years in the automotive and mobility ecosystem in partnership with the Uludağ Automotive Exporters’ Association (OİB), that it proved its success on the Big Bang Startup Challenge stage, and the growth performance it has demonstrated to date, all played a decisive role in our investment decision. Our goal with the İTÜ ARI Teknokent Venture Capital Investment Fund is not only to provide financing, but to accelerate the growth of high-tech startups by connecting them with customers, corporate companies, and international networks.”
Özgür Temel, General Manager of Maxis Girişim Sermayesi Portföy Yönetimi A.Ş., commented following the investment: “We are pleased that İTÜ ARI Teknokent GSYF’s first investment has gone to Vignetim, a company that has won customers in different markets and launched its global growth journey with the innovative technologies it has developed in mobility. We believe that Vignetim, a startup that emerged from İTÜ Çekirdek, will accelerate its growth with this investment. We anticipate that the company, which is advancing with a vision of offering end-to-end digital services in road transportation, will also become a strong technology partner for corporate customers in the period ahead. As Maxis, we continue to expand our impact through the venture capital funds we launch both through our own funds and together with strong ecosystem stakeholders. We believe that this fund, which brings together İTÜ ARI Teknokent’s strong entrepreneurship ecosystem with Maxis’s investment experience, will make a significant contribution to the global growth of high-tech startups emerging from Turkey.”
Vignetim Co-Founder and CEO Şevki Kocadağ commented on the investment: “The investment we received from İTÜ ARI Teknokent GSYF marks an important milestone in Vignetim’s growth journey. Vignetim was born out of a real problem we experienced firsthand. Having set out on this journey to bring together the fragmented and complex processes users face in road travel connecting Europe and Turkey under a single digital platform, the fact that we have reached over 500,000 users today shows that the solution we developed addresses a strong need.
“By bringing together digital highway vignettes, toll payments, HGS, e-SIM, and travel-focused complementary services on a single platform, we offer a faster, safer, and more easily managed mobility experience for both individual users and international fleets. Through new country integrations, fleet solutions, API-based partnerships, and new services, we aim to make Vignetim one of Europe’s leading travel mobility platforms.
“It holds special meaning for us that our entrepreneurial journey, which began at İTÜ Çekirdek, has now moved into a new phase with İTÜ ARI Teknokent GSYF’s first investment. We see this investment not merely as financial support, but as a strong sign of confidence in our vision. I would like to thank our investors who believed in us on this journey, our ecosystem stakeholders, our business partners, and all the members of our team who contributed to this achievement.”
