Fundraising Fox

500 Emerging Europe

Venture capital

Amsterdam · Seed · 11 people tracked

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Investment thesis

500 Emerging Europe seeks to back defensible technology companies founded in the Emerging Europe region, leveraging the area's highly skilled human capital and talent arbitrage to build global market leaders. The fund's approach centers on the belief that startups from Emerging Europe target global markets from inception, and that bridging local ecosystems with international markets can produce more success stories. The fund counts among its investors organizations supported under the TÜBITAK Tech-InvesTR 1514 Venture Capital Support Program, carried out under a cooperation agreement between TÜBITAK and the Ministry of Treasury and Finance.

Source: firm website, verified Aug 3, 2026.

Stage
Seed
HQ
Amsterdam, NL
Instruments
Equity
Tracked investments
72

Team · 11 people

from the firm's website & public directories

What they invest in

from 63 of 72 portfolio companies

AI & Machine Learning ×33SaaS ×27Developer Tools ×17Data & Infrastructure ×12Marketing Tech ×8Cloud Computing ×7Fintech ×7Healthtech ×7

HQs:United States×14Türkiye×6Switzerland×1United Kingdom×1Poland×1

Investments · 72 tracked

founders shown can be your intro path

By year:2019 · 12016 · 12 dated

BillionToOnebilliontoone.comin𝕏NASDAQ: BLLN

BillionToOne is a precision diagnostics company that uses molecular counting technology to develop non-invasive prenatal screening and liquid biopsy tests for early disease detection.

BiotechDigital HealthHealthtechMedical DevicesSan Francisco, US

Oguzhan Atay, PhD(Co-Founder, CEO, and Board Chair)David Tsao, PhD(Co-Founder, CTO, and Board Member)Oguzhan Atay(Founder)inDavid Tsao(Founder/CTO)inSukrit Silas(Cofounder)

Co-investorsAsymmetry VenturesCivilization Ventures Management, Llce2vcFifty YearsFrialeHemisphere Ventures LLC+14 more

3Dlook3dlook.mein𝕏

FitXpress uses AI-powered computer vision to estimate body weight from images, enabling verification of self-reported data for BMI calculations in healthcare and wellness applications.

AI & Machine LearningHealthtechMedical Devices

Co-investorsAlmaz Capital

A2Hosteda2hosted.com

Co-investorsGaingels

Agaveagavegames.comin

Agave is a mobile game developer that creates casual puzzle and hidden object games such as "Find The Cat 2" and "Art Block Puzzle".

Gaming

Oğuzhan Merdivenli(Founder)in

Co-investorsAccelBalderton CapitalFELIX CAPITALe2vc

Altogicaltogic.com

Co-investorsScaleX Ventures

Angoango.aiin𝕏

Ango Hub is a human-in-the-loop data annotation and labeling platform for AI development, offering no-code workflow building, a Python SDK and REST API, custom validation, webhooks, and self-hosted deployment.

AI & Machine LearningData & InfrastructureDeveloper Tools

App Samuraiappsamurai.comin𝕏

A podcast covering mobile growth, user acquisition strategies, monetization tactics, and trends in advertising technology for app developers and marketers.

AdTechAI & Machine LearningData & InfrastructureMarketing TechMedia & EntertainmentSaaSSan Francisco, US

Co-investorsACT Venture PartnersTechstars500 GlobalCollective Spark

Arfarf.onein𝕏

Arf operates a regulated liquidity and settlement platform that provides short-term working capital and on/off-ramp infrastructure for licensed cross-border payment companies, using real-world-asset-based and attested digital assets such as stablecoins.

Crypto & Web3FintechSaaS

Co-investorsFenbushi CapitalSignum CapitalBlockchain Founders Funde2vc

Avataoavatao.com

Avatao provided hands-on, real-world secure coding training integrated into development workflows to help developers write more secure software.

CybersecurityDeveloper ToolsEdTech

Axoflowaxoflow.comin𝕏

Axoflow provides an autonomous Security Data Layer that collects, classifies, normalizes, reduces, and routes security data for SecOps teams, combining pipeline, storage, and AI in one platform.

AI & Machine LearningCybersecurityData & Infrastructure

Co-investorsEBRD Venture Capital Investment ProgrammeCredo Ventures

Baby Moribabymori.com

MORI sells organic and sustainable clothing and sleepwear for newborns and children up to eight years old, made from organic cotton, bamboo, and modal fabrics.

ConsumerDirect to ConsumerE-commerce

Co-investorsBY Venture PartnersGuinness Ventures

Botanalyticsbotanalytics.coin𝕏Apr 2016

Botanalytics provides conversational analytics for chatbots and conversational AI, enabling teams to understand user interactions, optimize NLP models, and track retention and conversion metrics.

AI & Machine LearningDeveloper ToolsSan Francisco, US

Enis Gayretli(Secretary and Director)Ilker K?ksal(President, Chief Executive Officer, and Director)

Co-investorsACT Venture Partners

Brainbaseusebrainbase.xyzin𝕏

Brainbase is a cloud platform for building, hosting, and scaling AI agents across any model or harness, handling orchestration, evaluations, observability, and deployment.

AI & Machine LearningCloud ComputingDeveloper Tools

Co-investorsFormus Capital

Buybuddybuybuddy.coin𝕏

Buybuddy is an AI merchandising platform that tracks in-store products, detects issues like stockouts and misplaced items, checks planogram compliance, and suggests or takes corrective actions.

AI & Machine LearningRetail TechSaaS

Co-investorsStartupFon

Carbon Healthcarbonhealth.comin𝕏

Carbon Health operates a chain of clinics offering urgent care, primary care, and chronic condition management, combining technology with in-person care to provide broader access to health services.

Digital HealthHealthtech

Eren Bali(Founder)

Co-investorsAkkadian VenturesAnnex InvestmentsDCVC (Data Collective)e2vcGreen Meadow VenturesLiving+8 more

Claimcompassclaimcompass.euin𝕏

ClaimCompass (presenting as AirHelp) helps air passengers claim compensation of up to €600 for delayed or canceled flights, handling the entire claim process on a no-win, no-fee basis.

ConsumerLegalTechTravel & Hospitality

Co-investorsXfund

Cyphergamescyphergames.comin

Cypher Games is a mobile game studio that develops match-3 titles, including Match Squad, which combines cinematic worlds with match-3 gameplay featuring city-building and social/squad competition.

ConsumerGaming

Co-investorse2vc

Datapaddatapad.io

Datapad is an AI data analyst platform that lets non-technical teams query their data in plain English, generating SQL and Python, dashboards, and reports across 50+ integrated data sources.

AI & Machine LearningData & InfrastructureSaaS

Co-investorsPitchdrive

Daytonadaytona.ioin𝕏

Daytona provides a secure, elastic runtime for executing AI-generated code and running agent workflows, offering isolated, programmatically controlled development infrastructure.

AI & Machine LearningCloud ComputingDeveloper Tools

Ivan Burazin(Co-founder & CEO)Vedran Jukić(Co-founder & CTO)Goran Draganić(Co-founder & Chief Architect)

Co-investorsFirestreak VenturesSilicon Gardense2vc

Ddosifyddosify.com

Anteon (formerly Ddosify) is an observability and performance-testing platform that installs an eBPF agent in Kubernetes clusters to provide metrics, traces, and logs, along with no-code load testing to find bottlenecks.

Cloud ComputingDeveloper ToolsSaaS

Diffusedrivediffusedrive.comin𝕏

DiffuseDrive builds synthetic data generation tools for physical AI systems, using its Atlas product to create real-world-grade scenarios from existing data for model training, validation, and edge case testing.

AI & Machine LearningData & InfrastructureDeep TechSan Francisco, US

Co-investorsDiaspora Ventures

Evidoseevidose.co

Co-investorsInovo VC

Evreka Home Pageevreka.coin𝕏

Evreka provides an end-to-end smart waste management and recycling software platform, offering modules for fleet, asset, workforce, operations, and MRF management, route optimization, EPR compliance, and material traceability.

Circular EconomyLogistics & Supply ChainSaaS

Co-investorsMetis VenturesTechOne Venture Capital

falfal.aiin𝕏

Fal provides fast inference for generative AI models, particularly for image and video generation tasks like SDXL and Whisper.

AI & Machine LearningCloud ComputingCreator EconomyDeveloper ToolsSan Francisco, US

Gorkem Yurtseven(Founder & CEO)inBurkay Gur(Founder)in

BoardSteve Jang(Director)inJennifer Li(Director)inGlenn Solomon(Director)in

Co-investorsAlkeon InnovationAndreessen HorowitzBessemer Venture PartnersCortical Venturese2vcFirst Round Capital+14 more

Fazlafazla.comin𝕏

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.

B2B MarketplacesCircular EconomyClimate Tech

Finedinefinedinemenu.comin𝕏

FineDine is an AI-powered platform for restaurants that consolidates menu management, marketing, and analytics into one tool, offering features like digital/QR menus, AI-generated dish imagery and social media content, menu engineering, automated website building, and sales reporting.

AI & Machine LearningFoodTechSaaS

Co-investorsArya VenturesInveo VenturesMetis VenturesSavour VenturesTechOne Venture Capitaltwozero Ventures

Fireflyfireflyon.comin𝕏

Firefly operates a network of digital advertising screens on vehicles including car top displays and branded wraps on taxis and rideshare vehicles, delivering geo-targeted and contextually relevant messages to urban audiences across 60,000+ screens in the U.S. and 7 countries globally.

AdTechMarketing TechMarketplacesMobility & Transportation

Kaan Gunay(Founder)in

Co-investorsNFXCaruso VenturesChesterfield FundMaC Venture CapitalMultiplier CapitalMuse Capital+6 more

Franticgamesfranticgames.net
Freeflowfreeflow.network𝕏

Gedd.it offers verified, tested promo codes that open alongside the user's destination URL, preserving existing affiliate links or earning a commission when none exist.

ConsumerE-commerce

Fumefumedev.comin

Fume is an AI-powered testing platform that automatically generates and maintains Playwright test suites by analyzing product videos and application usage.

AI & Machine LearningDeveloper Tools

Co-investorsTranspose Platform Management

Fxcubicfxcubic.comin

FXCubic provides bridging and aggregation technology for the trading industry, aimed at brokers.

FintechSaaS

Gesundgesund.aiin

Gesund.ai offers a platform to build, validate, deploy, monitor, and update clinical AI models across regulatory jurisdictions, including CRO services for validating health AI on real-world data.

AI & Machine LearningDigital HealthHealthtech

Getaligngetalign.com

Align (Handhold) provides AI agents that run tailored product demos and onboarding for website visitors and sales prospects around the clock.

AI & Machine LearningSaaSSales Tech

Gfycatgfycat.com

Co-investorsEdmonton UnlimitedLong Venture Partners

Globekeeperglobekeeper.com

Co-investorsLT CapitalTAU Ventures

Gofortegoforte.fitin𝕏

Echelon Elevate (formerly FORTË) provides an end-to-end live and on-demand streaming solution for fitness studios and gyms, combining proprietary automated hardware and software installed at a facility with a white-labeled digital platform and branded mobile apps.

SaaSSports TechWellness & Fitness

Co-investorsR/GA Ventures

Inofab Healthinofab.health

InoFab develops ultrasonic spirometers and cloud-based respiratory monitoring platforms for home and clinical use, enabling patients and healthcare providers to conduct and track lung function tests digitally.

Digital HealthHealthtechMedical DevicesAnkara, TR

Co-investorsACT Venture PartnersTeknoloji Yatirim

Insideruseinsider.comin𝕏

Insider offers an AI-powered customer engagement platform that combines predictive, generative, and agentic AI to let marketing teams run autonomous, cross-channel campaigns across SMS, WhatsApp, email, search, and web.

AI & Machine LearningMarketing TechSaaS

Co-investorse2vcEndeavor CatalystGeneral AtlanticRiverwood CapitalWamda Capital

Integrated Financeintegrated.financein𝕏

Integrated Finance provides financial technology infrastructure and tooling aimed at fintech founders, banking partners, and financial technology providers.

Data & InfrastructureFintechSaaS

Co-investorsOctopus VenturesSuperSeed

Intrycintryc.comin𝕏

Intryc provides AI-powered evaluation and quality assurance for customer support interactions at scale.

AI & Machine LearningEnterprise SoftwareSaaSSan Francisco, US

Alex Marantelos(Co-founder & CEO)inDimitrios Ilias(Founder)inGeorge Pastakas(Founder)in

Co-investorsEpisode1Y Combinator

Kalderkalder.appin𝕏

Kalder provides a white-labeled rewards platform with card-linking technology, an aggregated network of 35,000+ brand-funded offers, and affiliate attribution, letting companies turn their loyalty programs into revenue-generating "Rewards Media Networks." It serves fintechs, sports teams, retailers, and grocers that want to monetize customer spend through rewards and first-party spending data.

FintechMarketing TechSaaS

Co-investorsFormus Capital

Kimolakimola.comin𝕏

Kimola is a market research platform that automatically analyzes customer feedback to detect themes, sentiment, and recurring patterns, producing structured insights such as executive summaries, customer personas, pain points, and SWOT analyses.

AI & Machine LearningMarketing TechSaaS

Co-investorsStartersHub

Kolayikkolayik.comin𝕏

Kolay İK is a cloud-based HR management platform offering modules for personnel management, leave, payroll, performance, shifts, timekeeping, attendance (PDKS), recruitment, and HR analytics through web and mobile apps.

Cloud ComputingHR TechSaaS

Konduktokondukto.ioin𝕏

Kondukto, now part of Invicti, provides an application security posture management (ASPM) platform that unifies DAST, SAST, and SCA scan results and applies runtime intelligence to validate and prioritize vulnerabilities.

CybersecurityDeveloper ToolsSaaS

Co-investorsScaleX Ventures

Kubearkkubeark.com

Kubeark is an AI-powered integration and automation engine that connects existing systems, SaaS apps, and internal APIs through pre-built connectors and orchestrates cross-department workflows.

AI & Machine LearningDeveloper ToolsEnterprise Software

Co-investorsCredo VenturesLAUNCHub Ventures

Layerlayer.aiin𝕏

Layer is a creative automation platform that uses AI to help game studios scale production across the asset creation lifecycle.

AI & Machine LearningCreator EconomyGamingMarketing Tech

Volkan Gurel(Co-founder & CEO)Burcu Hakguder(Co-founder & CRO)

Co-investorsHummingbird VenturesLaton VenturesThe Games FundNew Enterprise Associates (NEA)

Lifemotelifemote.comin𝕏

Lifemote provides AI-based analytics for internet service providers to give visibility into in-home connectivity issues, aiming to reduce technical support calls and truck rolls while improving network reliability.

AI & Machine LearningData & InfrastructureSaaS

Loncalonca.coin

Lonca is a B2B e-commerce marketplace that lets boutique owners, online sellers, and influencers worldwide buy unique women's wholesale clothing from verified Turkish vendors, and handles ordering, payment, consolidated shipping, and delivery.

B2B MarketplacesE-commerceRetail Tech

Co-investorsFirst Check Ventures

Malliqmalliq.comin𝕏

Mall IQ provides a location-based mobile engagement platform with a lightweight SDK and APIs that measures customer purchase intent in the physical world using indoor and outdoor store-level location technology without hardware.

AI & Machine LearningFintechMarketing Tech

Massive Biomassivebio.com𝕏Apr 2019

Massive Bio operates an AI-based platform that matches cancer patients with oncology clinical trials and provides concierge support throughout the trial process.

AI & Machine LearningBiotechDigital HealthHealthtechNew York, US

Selin Kurnaz(Executive Officer)inArturo Loaiza-Bonilla(Director)in

Co-investorsRevo Capitale2vc

Newoldstampnewoldstamp.comin𝕏

Newoldstamp is an email signature generator for creating and managing branded corporate email signatures, with customizable templates, logos, employee photos, social media icons, and disclaimers.

Marketing TechSaaS

Nicky AIheynicky.com

Nicky AI is a voice-enabled AI assistant built for construction teams to handle administrative and project management work, including RFI and submittal management, cover sheet generation, workflow automation, email inbox management, and task tracking.

AI & Machine LearningConstruction TechSaaS

Parasutparasut.comin𝕏

Paraşüt is a cloud-based pre-accounting software for small businesses that handles e-invoicing, income/expense tracking, collections and profit monitoring.

FintechSaaS

Peoplisepeoplise.comin𝕏

Peoplise is a digital HR platform that manages recruitment, assessment, onboarding, and talent management from a single system, with AI-supported CV matching, 400+ integrated tests and assessments, digital onboarding, and 360° performance evaluation.

AI & Machine LearningHR TechSaaS

Permifypermify.coin𝕏

Permify is an open-source authorization service, inspired by Google's Zanzibar, that lets engineering teams model and enforce fine-grained access controls using a centralized permission database and schema language.

CybersecurityData & InfrastructureDeveloper Tools

Co-investorsDiaspora Ventures

Pinegamespinegames.comin𝕏

Pine Games is a game studio that develops mobile games, including "Viking Island: Merge Adventure," a Viking-themed merge and island-building game.

Gaming

Co-investorsLaton Ventures

Plantanappplantanapp.comin𝕏

Plant an App is a low-code platform used by government agencies and contractors to build secure citizen portals, case and records management systems, workflow automation, and compliance dashboards.

Developer ToolsGovTechSaaS

Plum

A financial app offering AI-powered savings tools and investment features to help customers save, spend, earn, and invest in one integrated platform.

Quickbasequickbase.comin𝕏

Quickbase offers a no-code/low-code platform for building connected applications that automate manual processes, manage projects, resources, and workflows, and link office and field teams.

Developer ToolsEnterprise SoftwareSaaS

Co-investorsWCAS

Rakamrakam.ioin𝕏

rakam is a product analytics tool that connects directly to a company's data warehouse and dbt project, converting user-interface questions into SQL to provide ad-hoc reporting features such as segmentation, funnel, retention, and flow analysis.

AI & Machine LearningData & InfrastructureSaaS

Exits · 1

IPOs and acquisitions across the tracked portfolio

BillionToOneNASDAQ: BLLN

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has 500 Emerging Europe made?
500 Emerging Europe has 72 tracked investments, 1 of which have exited via acquisition or IPO.
What stage does 500 Emerging Europe invest at?
500 Emerging Europe invests at the Seed stage.
What sectors does 500 Emerging Europe focus on?
500 Emerging Europe focuses on AI & Machine Learning, Deep Tech, Sector Agnostic.
Where is 500 Emerging Europe located?
500 Emerging Europe is headquartered in Amsterdam, NL.
Who does 500 Emerging Europe co-invest with?
500 Emerging Europe most often shares deals with Y Combinator, e2vc, ACT Venture Partners, among 115 tracked co-investors.

Media · Podcasts & interviews

featuring the team

Latitude59 2023: The Late Afternoon show Pitch Confidential with Arın Özkula of 500 Emerging Europe

Latitude59 · Arın Özkula

#11 | Exploring the Turkish Startup Ecosystem: Insights from Enis Hulli of 500 Emerging Europe

Invest in Türkiye · Enis Hulli

Investing in 'Emerging Europe' - Arin Özkula, General Partner, 500 Emerging Europe

VC10X with Prashant Choubey · Arın Özkula

500 Emerging Europe'un 2023 yılını ve gelecek planlarını Enis Hulli ile konuştuk

Webrazzi · Enis Hulli

SU Talks #3 | Enis Hulli, GP @ 500 Emerging Europe

Startup Universe · Enis Hulli

500 Emerging Europe'un gelecek planlarını Enis Hulli ile konuştuk

Webrazzi · Enis Hulli

Images

500 Emerging Europe photo

Co-investors · 10

Credo Ventures

Credo Ventures is an early-stage venture capital fund focused on backing founders from the Central and Eastern Europe (CEE) region and its global diaspora, active since 2009.

Both backed · 2
$1M – $5M
Inovo VC

Inovo is a seed-stage venture capital firm backing founders from Central and Eastern Europe (CEE).

Both backed · 1
Evidose
$540K – $4.3M
General Catalyst

General Catalyst is a venture capital firm operating as a partnership focused on company building and accelerating the growth of the businesses it backs.

$30M
Plug and Play Ventures

Plug and Play is an innovation platform that connects corporations, governments, startups, investors, and universities to drive innovation.

$50K – $12M
Pioneer

Pioneer Fund is a venture capital firm investing in the top Y Combinator startups.

Pear VC

Pear VC is a venture capital firm that backs founders from the earliest stages through its PearX accelerator and seed investing programs.

$150K – $4M
Moonfire Ventures

Moonfire Ventures is a seed-stage venture capital firm investing in European startups.

Marathon Venture Capital

Marathon Venture Capital is a seed-stage investor that leads seed rounds and provides hands-on support and expertise to the founders and companies it backs.

$250K – $1M
Zeno Ventures

Zeno Ventures invests in early and growth stage technology enabled companies addressing consumer and enterprise markets.

vgames

vgames is a founder-first investment fund backing gaming and consumer companies from inception through growth.

Firms observed investing alongside 500 Emerging Europe, from public investor directories. Shared companies are the overlap with 500 Emerging Europe's recorded portfolio.

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