/Companies

Fazla

500 Global '17Plug and Play Ventures

Istanbul, TR · Founded 2016 · 25 known investors

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Fazla builds technology-based services that help companies reduce and manage surplus products and waste across categories like food, textile, packaging, and chemicals, connecting suppliers of surplus goods with parties that can reuse them in a circular economy. It serves manufacturers, distributors, retailers, the food-service sector, and individual consumers across the supply chain, and is based in Turkey.

Also known as FAZLA GIDA ANONIM SIRKETI · Fazla Gıda · Fazla Gıda A.Ş. · Whole Surplus

Founders & leadership

Fazla was founded in 2016 by Olcay Silahlı and Arda Eren.

OSOlcay Silahlı
Olcay SilahlıFounderCo-founder and CEO of Fazla, a platform connecting companies to reduce and manage surplus products and waste. A Techstars alumnus with a background in trade marketing and brand management, he previously worked with global brands including Unilever, Knorr, and Lipton, and holds degrees in management engineering and systems engineering.
AE
Arda Eren

Investors · 25

Also in the syndicate · 15

500 IstanbulAhmet Şevki AltınAhu SerterEGİADErcan SolmazEsor InvestmentleadHaluk Can HürMAPMeltem KirişçiNuri Cem ErbakÖmer Faruk AkarcaÖzgür TrakyaTarık BayarUğur ŞekerYılmaz Yıldız

Funding

SEC filings, press & company announcements

$6M disclosed across 1 of 4 rounds · 2017–2023

  • $6MraisedJun 2023 · 2 sources

    212 (lead), Esor Investment (lead)

    Source ↗

Source: company announcements and press reports — follow each round's link for the claim.

Company profile

researched Sep 2026

Fazla (operating as Fazla Gıda A.Ş., also referred to as Whole Surplus) develops technology-based, end-to-end waste management services intended to prevent waste at its source and return surplus products to the circular economy. Its stated scope spans food, packaging, textile and chemical waste, and it serves stakeholders across the supply chain including manufacturers, distributors, retail and e-commerce, HoReCa, animal feed producers, recycling and recovery facilities, food banks and associations, municipalities and individual consumers.

The company's service set comprises Fazla Market, a closed-loop B2B platform where surplus inventory from suppliers is quality-checked and listed at discounted prices for approved buyers (covering products near expiry, items with packaging damage, inventory surplus and delisted products), with Fazla handling payment and logistics; a digital Donation platform connected to a food banking network in Turkey; an Animal Feed channel converting food unsuitable for human consumption into feed inputs; a Recycling service for non-edible waste streams; a Smart Scale System that measures how much and at what stage food becomes waste in professional kitchens and generates automated reports; the Fazla Iyi consumer application, which sells unsold food and beverages from local businesses in surprise boxes at roughly 50% discounts for pickup in time slots set by the business; and a Sustainability Consultancy practice. The company's website also presents an AI tool that analyses uploaded photos or product lists and recommends a disposition route (discounted sale, donation, animal feed or recycling) together with an estimated financial and CO2 impact report.

Compiled by commissioned research from 9 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Carbon emissions prevented (cumulative)Jul 202162,000 tonnes
Carbon emissions prevented through Nestlé projectJan 20232,357 tonnes
Cities served in TurkeyJul 201819 cities
Fazla Android app downloadsJan 2025100K+
Food delivered to people in need via Migros partnershipJan 202310,000 tonnes
Food evaluated through Nestlé projectJan 20236,181 tonnes
Food saved (cumulative, four years)Jul 202119,000 tonnes
Food waste recoveredJul 20181,600 tonnes
Total funding raised to dateJul 2021just over €3.4 million
Transactions completed on platformJul 202170,000 transactions

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 6

launches, deals, and filings
Jul 2021
€2.5 million funding round led by 212

Fazla Gıda closed a €2.5 million round led by 212, with MAP, 500 Istanbul and Atlantic Food Labs participating, bringing total accumulated funding to just over €3.4 million.

source ↗

Jan 2019
Food loss and waste project with Nestlé

Launched the 'Increased Food is Our Future' project with Nestlé to address food loss and waste using innovation and technology.

source ↗

Jul 2018
Third funding round of 2.2 million Turkish liras

Fazla Gıda raised 2.2 million TL in its third round, with participation from EGİAD, Galata Business Angels and a group of angel investors; proceeds earmarked for expanding operations in Turkey and building technological infrastructure for data analysis and recycling solutions.

source ↗

Jan 2018
Second funding round of €120K via METRO Accelerator for Retail powered by Techstars

The company received €120K in its second round from Berlin's METRO Accelerator for Retail powered by Techstars, in partnership with Hospitality.Digital.

source ↗

May 2017
$60,000 investment from 500 Istanbul

Fazla Gıda received a $60,000 investment from 500 Istanbul.

$60K source ↗

Jan 2017
Donation partnership with Migros

Partnership with Migros began in 2017 with donation operations at a single store and expanded to a digital donation platform used across more than 400 stores.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

▸Research sources · 9

primary sources listed

9 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Fazla do?
Istanbul-based Fazla runs technology-based surplus and waste management services for food, packaging, textile and chemical streams.
Who founded Fazla?
Fazla was founded by Olcay Silahlı, Arda Eren in 2016.
Who are Fazla's investors?
Fazla's investors include 500 Emerging Europe, 500 Global, Founder One, Galata Business Angels Official, Teknoloji Yatirim, 212, FoodLabs, Galata Business Angels and 2 more.
How much funding has Fazla raised?
Fazla has disclosed $6M raised across 1 of its 4 known rounds.
Where is Fazla headquartered?
Fazla is headquartered in Istanbul, TR.