The team behind 500 Emerging Europe has introduced its new identity, e2vc, focusing on supporting globally oriented startups in Emerging Europe. Now independent from 500 Global, e2vc empowers founders with a global-first mindset, helping them scale and succeed internationally.
- Istanbul-based VC firm 500 Emerging Europe is dedicated to helping tech companies from Emerging Europe scale and expand globally. In 2016, 500 Emerging Europe launched €10 million Fund I, investing in 28 companies, three of which have since become unicorns. In 2021, the firm introduced €70 million Fund II, which has supported several startups nearing unicorn valuations.
- The rebrand to e2vc will not affect the 500 Emerging Europe funds or portfolio companies, as both will continue to work together to support founders. While e2vc is now fully independent from 500 Global, the team has always operated separately, with a focus specifically tailored to the Emerging Europe region.
“Emerging Europe is a unique region where unicorns emerge not from local successes but as global players,” explains Enis Hulli, General Partner at e2vc.
- The core of e2vc’s strategy is to invest in pre-seed and idea-stage startups in the CEE, the Baltics, and Turkey, providing up to $1 million in investments. e2vc aims to help startups gain global traction, particularly in markets like the US, and support founders in expanding internationally from the early stages.
- e2vc has team members based in San Francisco, New York City, and London, broadening access to vital networks in key global markets and connecting top talent from Emerging Europe with Silicon Valley’s established tech ecosystem.
“Our mission with e2vc is to support these extraordinary entrepreneurs in reaching the highest levels of global impact and to demonstrate that global success stories are not confined to one geography,” General Partner at e2vc, Arın Özkula, commented in a statement.
