Buyutech receives new funding to expand local camera production

Buyutech, a technology firm based in Turkey that designs and manufactures advanced camera systems for industrial applications, has secured a new investment from the Technology and Innovation Fund, which is managed by the Turkey Development Fund and backed by the Ministry of Industry and Technology. The company aims to use this funding to scale its production infrastructure and further develop its proprietary camera technologies.

Focus on scalable solutions for automotive and beyond

Specializing in vision systems that enable vehicles to perceive their surroundings, Buyutech develops scalable and cost-effective camera technologies for both domestic use and international markets. The company operates Turkey's first and only facility dedicated to the design and manufacturing of high-tech cameras. With a focus on meeting stringent regulatory standards in the automotive sector, Buyutech manufactures its products at its facility in Konya, aligning with the quality expectations of the industry.

Collaborations with leading manufacturers

Buyutech has established collaborations with leading automotive manufacturers such as Togg, Ford Otosan, Tofas, and Hidromek. These partnerships support the development of in-vehicle and external sensing systems, particularly for autonomous driving technologies. Through these collaborations, the company integrates its camera systems into real-world applications, contributing to technological advancements in transportation and mobility.

Expanding production capacity to 3 million units annually

Originally founded with support from the Ministry of Industry and Technology's Technogirişim Capital Support Program, Buyutech currently has an annual production capacity of 800,000 units. With the latest investment, the company plans to increase this number to over 3 million by 2026. This expansion will enable Buyutech to meet growing demand while enhancing its manufacturing efficiency and R&D capabilities.

Backed by a diverse investor base

Over the years, Buyutech has attracted investment from various institutional and strategic partners, including Farplas, APY Bilisim Vadisi GSYF, APY Ostim GSYF, APY T3 GSYF, Maxis T-Fon, ITU ARI Teknokent, Ford Otosan, Driventure, ISUZU, Koluman, Intecro Robotics, and Beycelik. These partners have supported the company’s technological growth and helped build a foundation for its future scaling efforts.

Buyutech's Co-founder and CEO Omer Orkun Duztas commented on the company’s journey, stating, “With the 'technogirisim' support provided by the Ministry of Industry and Technology for young entrepreneurs developing future technologies, we started our journey as two people at ODTU Teknokent. Today, we are known as the 'local eye of vehicles.' With this pride, we continue to work together toward the goal of creating a world without traffic accidents.”

The company remains committed to developing advanced sensing systems that contribute to vehicle safety, supported by a broad network of partners and public investment initiatives.