Türkiye Green Fund, the first venture capital investment fund in Türkiye and the world dedicated to emission reduction and inclusive transformation, financed through credit, has made its third investment. Türkiye Green Fund invested $10 million in Disera, a company operating in the medical supplies sector.
Türkiye Sınai Kalkınma Bankası (TSKB) made the $10 million third investment of Türkiye Green Fund — established with funding provided by the World Bank under the guarantee of the Turkish Ministry of Treasury and Finance — into Disera Tıbbi Malzeme Lojistik Sanayi ve Ticaret A.Ş. The investment, provided entirely through a capital increase and contributing to nature-positive production, aims to support Disera’s green transformation and growth strategies.
Through Türkiye Green Fund, medium- to long-term investments are made in companies that create added value in areas with growth and development potential in line with Türkiye’s development plan, with the aim of reducing greenhouse gas emissions and supporting the green and inclusive transformation of the Turkish economy. While supporting environmentally friendly production by efficient companies operating in sectors covered by the EU Green Deal, the fund also aims to play an active role in deepening and diversifying capital markets’ focus on climate finance, mobilizing private capital in the process.
With more than 30 years of experience, Disera is one of the leading players in the medical supplies sector. Under this partnership, the company will carry out projects aimed at reducing its carbon footprint, increasing the use of renewable energy, improving production efficiency, and strengthening waste and water management. The investment also represents an important step toward accelerating an inclusive green transformation in industry, in line with Türkiye’s 2053 Net Zero target.
Commenting on the agreement, TSKB General Manager Ozan Uyar said, “For more than 75 years, we have taken pride in pioneering many initiatives for the multifaceted development of our country and industry. Türkiye Green Fund, which we established by combining our expertise in development and investment banking, is one of these initiatives. As we strengthen our joint efforts under Türkiye Green Fund, an important step in our long-standing collaboration with the World Bank, we are also steadily increasing our contribution to our country’s sustainable development goals. We believe this valuable partnership with Disera will not only accelerate the green transformation of our industry but also advance public health through environmentally friendly products that comply with medical device regulation principles. I wish this valuable agreement to be beneficial for Disera and all our stakeholders, as well as for our country.”
Noting that the investment made by Türkiye Green Fund in Disera Tıbbi Malzeme Lojistik Sanayi ve Ticaret A.Ş. is strongly aligned with the company’s sustainability vision, Disera General Manager Kenan Deniz Büyükakman said, “This investment is an important indicator of the confidence placed in our sustainable production and growth goals. Through this partnership with Türkiye Green Fund, we aim to further strengthen our production and export capacity while reducing our environmental impact.”
Maxis Girişim Sermayesi General Manager Özgür Temel noted that Türkiye Green Fund continues to support companies’ green transformation processes in line with its decarbonization and inclusive transformation goals, adding that the investment in Disera marks the fund’s first investment in the healthcare sector. Highlighting the significance of the steps Disera — with roughly 30 years of sector experience, expertise in medical devices, and technology development capabilities — has already taken in renewable energy and advanced technology, Temel noted that these steps form a solid foundation for the green transformation investments planned for the coming period. Temel added, “Through this investment, we aim to contribute to Disera’s growth goals while increasing energy and resource efficiency, reducing environmental impact, and further strengthening the company’s sustainability approach in its future investments. We believe the Disera investment will serve as an important example of growth and green transformation advancing together in the healthcare sector.”
World Bank Türkiye Country Director Jean-Christophe Carret said, “Mobilizing private sector capital for climate action and sustainable growth is critical to accelerating Türkiye’s green transformation. The investment made in Disera through Türkiye Green Fund shows that innovative financing mechanisms can help companies reduce their environmental footprint while also increasing their competitiveness, creating employment, and supporting inclusive growth. We are pleased to support this partnership, which contributes to Türkiye’s 2053 Net Zero Emissions target and supports the spread of more sustainable production practices in the healthcare sector. We hope this investment will encourage additional private sector investment in green and resilient development.”
Commenting on behalf of Azimut LCP I Private Equity Fund, an existing investor in Disera, Azimut Portföy General Manager Murat Salar said, “At Azimut Portföy, the largest independent company in the portfolio management sector, we have made alternative investment funds one of our strategic priorities. Alongside the $13 billion in assets we currently manage, we aim to reach $1 billion in alternative funds within a short period. LCP I GSYF, which we established with our strategic partner in private equity in Türkiye, Lycian Capital Partners, has surpassed 3 billion TL in fund size, and the performance Disera — the fund’s first investment — has demonstrated to date has further reinforced Azimut Group’s confidence in Türkiye’s real sector and private equity market. We are delighted to welcome Türkiye Green Fund, for which TSKB is the lead investor, as Disera’s new investor and our partner, and we believe this partnership will accelerate Disera’s growth journey.”
Lycian Capital Partners Managing Partner Gökhan Arıkoç added, “At Lycian Capital, our priority is to add long-term, sustainable value to our portfolio companies. We see green transformation as one of the core elements of our value-creation strategy. In our goal of making Disera a global player in its field, we are pleased to welcome a strong institutional investor that shares our vision, Türkiye Green Fund, for which TSKB is the lead investor, as one of our partners.”
