Farplas

Saykal Electronics, a deep-tech company specializing in radar sensors and power electronics for the mobility sector, has raised $4 million in a funding round managed by Fark Labs. The round was led by İş Asset Management’s Renewable Energy Technologies Venture Capital Investment Fund.

Additional investors included Fark Holding, APY Ventures (via Bilişim Vadisi GSYF and T3 GSYF), Anadolu Isuzu, RePie Portföy, and Empa Elektronik A.Ş.

Fark Labs Led the Deal Structuring and Investor Syndication

As the deal manager, Fark Labs played a central role in designing and executing the round—structuring the investment and aligning a syndicate of strategic investors who share Saykal’s vision for deep-tech innovation in mobility.

Saykal is also a portfolio company of Fark Labs, benefiting from growth services and international business development support. The company works closely with Fark Labs’ U.S. team and regularly showcases its technologies at global events such as CES and the Detroit Auto Show.

What the Investment Will Enable

This funding will support Saykal in:

• Scaling production and expanding operational capacity
• Deepening R&D efforts in radar sensors and power electronics
• Accelerating global expansion, with a focus on the U.S. and European markets
• Delivering high-value technologies for next-generation autonomous and electric vehicles

Saykal focuses on solving some of the most pressing challenges in the future of mobility, particularly in autonomy and electrification.

What Industry Leaders Are Saying

Yücel Saykal, CEO of Saykal Electronics:
“With this investment, we aim to develop globally competitive radar sensor and power electronics solutions that will shape the future of mobility.”

Ahu Serter, Founder of Fark Labs and Chairwoman of Fark Holding:
“Saykal now sits at the table with global giants like Texas Instruments and Vishay. Their ability to deliver not-yet-commercialized technology at a cost advantage is a rare strength. We believe Saykal will become a global leader—and potentially a unicorn in the next five years.”

Burak Sezercan, General Manager at İş Asset Management:
“Saykal’s agile structure and strong tech capabilities allow it to bring autonomous and electric mobility solutions to international markets at speed. This investment supports both Türkiye’s startup ecosystem and our fund’s vision to back globally competitive ventures.”

Mustafa Keçeli, Fund Manager at APY Ventures:
“Saykal’s ability to offer end-to-end mobility tech, backed by deep engineering and scalable infrastructure, positions them as a globally relevant player. We strongly believe in their long-term potential.”

About Saykal Electronics

Saykal Electronics develops radar sensor and power electronics technologies for use in future mobility platforms, particularly in electric and autonomous vehicles. With a strong R&D focus and a growing portfolio of products, Saykal is actively shaping the next generation of intelligent, efficient transportation.

Headquartered in Türkiye, the company is among the country’s fastest-growing mobility tech innovators, with a strategic plan to expand internationally over the next two years.