Turkiye’s pioneering and largest venture capital fund, Revo Capital, has announced its investment in Boby.ai, a generative AI-native mobile application startup developing globally scalable, consumer-facing AI products.
Revo Capital has joined the company’s pre-seed round, bringing the total raised to over $1.5 million. This marks Revo Capital’s second seed investment from its newly launched Fund III, which held its first close at $86 million in March 2025, with a final target of over $100 million by 2026.
The fund aims to back over 25 startups with roots in Turkiye — whether through founding teams or local R&D presence — that have the potential to become global category leaders.
The investment will support Boby.ai’s continued growth and upcoming product launches, building on the breakout success of its first app, Mozart AI, which has demonstrated best-in-class monetization and capital efficiency.
Founded by Gökçe Oğuz, Onur Olgun, and Berat Oğuz, Boby.ai is part of Turkiye’s new wave of AI-native consumer startups. Its first product, Mozart AI, is an AI-powered music generation app that allows users to instantly create personalized songs.
Since launching in November 2024, the app has been downloaded over 2.5 million times and has shown an exceptional trajectory, growing its monthly gross revenue more than 10x within just five months.
“We are incredibly excited to support Boby.ai’s journey as they build category-defining AI apps from Turkiye for the world. The founding team’s track record in mobile gaming, combined with their rapid iteration and go-to-market capabilities, makes them ideally positioned to scale globally in this new era of mobile AI.”
Cenk Bayrakdar, Founding Partner and Managing Director at Revo Capital
Prior to Boby.ai, co-founder Gökçe Oğuz was the co-founder of Fabrika Games, which exited to Voodoo in one of Turkiye’s milestone mobile gaming deals. Together with fellow co-founder Berat Oğuz, she also co-led Playable Factory, a leading playable ad tech studio.
“We believe the next wave of consumer AI apps will be shaped by teams who deeply understand user behavior and can test, iterate, and scale products with speed. We’re thrilled to partner with Revo Capital, who understand both the local ecosystem and global B2C product building.”
Gökçe Oğuz, Co-Founder and CEO of Boby.ai
Globally, the non-gaming in-app purchase (IAP) market is projected to reach $69 billion in 2024, with AI-native apps growing 3x year-over-year to reach $1.3 billion — still just 2% of the total but accelerating quickly.
Turkiye has emerged as a breakout market in this space, accounting for nearly one-third of global AI app revenues, fueled by world-class engineering talent, mobile-first product instincts, and government support — including 60% reimbursements on international marketing expenses.
With a product-led DNA, a highly monetizable market segment, and a strong pipeline of AI-powered consumer tools, Boby.ai is well-positioned to lead Turkiye’s next generation of global AI champions.
