500 Emerging Europe
Venture capitalAmsterdam · Seed · 11 people tracked
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.
Team · 11 people
from the firm's website & public directoriesWhat they invest in
from 63 of 72 portfolio companiesAI & 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 pathBy year:2019 · 12016 · 12 dated
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
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
Co-investorsGaingels
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
Co-investorsScaleX Ventures
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
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
Avatao provided hands-on, real-world secure coding training integrated into development workflows to help developers write more secure software.
CybersecurityDeveloper ToolsEdTech
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
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
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
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
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 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
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
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
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
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
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
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
Co-investorsInovo VC
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
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
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
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
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
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
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
Co-investorsEdmonton UnlimitedLong Venture Partners
Co-investorsLT CapitalTAU Ventures
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 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
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 Finance provides financial technology infrastructure and tooling aimed at fintech founders, banking partners, and financial technology providers.
Data & InfrastructureFintechSaaS
Co-investorsOctopus VenturesSuperSeed
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
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
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
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
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
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)
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
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
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 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
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
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
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
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
A financial app offering AI-powered savings tools and investment features to help customers save, spend, earn, and invest in one integrated platform.
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
Refine is an open-source web application framework that helps organizations build web applications faster with fewer resources.
Cloud ComputingDeveloper ToolsEnterprise SoftwareSaaSSan Francisco, US
Civan Ozseyhan(Founder)inOmer Aplak(Founder)inEren Erkalkan(Founder)inEmre Baran(CEO & Co-founder)Piotr Karwatka(Co-founder)Theo Browne(CEO)
Co-investorsY CombinatorSenovoVoLo Earth Ventures
Co-investorsWamda Capital
StructionSite provides visual reality capture and AI for construction and infrastructure sites, using 360 cameras, drones, robots and site cams to document projects and surface schedule, quality and safety risks.
AI & Machine LearningConstruction TechRoboticsSan Francisco, US
Philip Lorenzo(Executive Officer, Director)Matthew Daly(Executive Officer, Director)Daniel Zito(Director)Manuel Zamora(Director)
Co-investorsSocial StartsCemex Ventures
Synnada is an AI infrastructure company building tools for running persistent, continuously operating agent systems in production, including Mithril (an ML compiler), Tenet (multi-cloud deployment for AI workloads), and Agentia (a runtime for persistent agents).
AI & Machine LearningData & InfrastructureDeveloper Tools
Co-investorsExpeditions
The Swarm is a relationship intelligence platform that maps a company's extended network by importing connections from LinkedIn, Google Contacts, and CRMs.
Data & InfrastructureSaaSSales Tech
Co-investorsAltaIR CapitalHubSpot VenturesTRAC (Third Round Analytics Capital)Motivate Venture Capital
Wioski operates early childhood education facilities (nurseries and preschools) in Poland using the Reggio Emilia approach, offering small-group, play-based learning centered on child agency, creativity, and outdoor time.
AI & Machine LearningEdTechPoland, PL
Co-investorsMovens Capital
Ubicloud is an open source cloud infrastructure platform that offers managed services or self-hosted deployment to reduce cloud costs and eliminate vendor lock-in.
AI & Machine LearningCloud ComputingData & InfrastructureDeveloper ToolsEnterprise SoftwareSan Francisco, US
Umur Cubukcu(Founder)inOzgun Erdogan(Founder)inDaniel Farina(Founder)in
Co-investorsY CombinatorScaleX VenturesWayfinder Venturese2vcRainfall Ventures
VIDOC is an autonomous, agentic security engineer that reviews every pull request to identify, verify, and patch code vulnerabilities, using public LLMs in a coding agent to detect real exploitable bugs.
AI & Machine LearningCybersecurityDeveloper Tools
Co-investorsbValue Venture CapitalPebblebed
Vivoo develops at-home urine testing products with machine learning-powered image processing to help users monitor their hydration, nutrition, and overall wellness.
AI & Machine LearningConsumerDigital HealthFemTechHealthtechIoTWellness & FitnessPalo Alto, US
Miray TayfunEdoardo Rizzi(Chief Executive Officer)
Co-investorsCapria VenturesHalogen Ventures Management Company LlcMindshift CapitalTechstars500 GlobalDraper Associates+3 more
Plum is a personal finance app that helps individuals automatically save and invest, offering products such as easy access savings accounts, Cash and Lifetime ISAs, Stocks and Shares ISAs, notice accounts, and self-invested personal pensions.
ConsumerFintech
Co-investorsDMG VenturesVentura Capitale2vc
Yoneda Labs applies AI/ML and high-throughput experimentation (HTE) to chemical reaction optimization, including cross-coupling reactions, for the life sciences and pharmaceutical research market.
AI & Machine LearningBiotechDeep TechEnterprise SoftwareSan Francisco, US
Michał Mgeładze-Arciuch(Founder)inJan Oboril(Founder)inDaniel Vlasits(Founder)in
Co-investorsDG Daiwa VenturesKAYAOlive Tree CapitalY Combinator468 CapitalKhosla Ventures
Exits · 1
IPOs and acquisitions across the tracked portfolioBillionToOneNASDAQ: BLLN
Portfolio news
latest coverage across their companiesInsider · simplywall.st · Aug 19, 2026
BillionToOne · investing.com · Jul 13, 2026

Agave · under30ceo.com · Jul 9, 2026
Firefly · theglobeandmail.com · Jun 27, 2026
refine · siliconangle.com · Apr 9, 2026
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 teamLatitude59 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
Co-investors · 10
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.
Inovo is a seed-stage venture capital firm backing founders from Central and Eastern Europe (CEE).
General Catalyst is a venture capital firm operating as a partnership focused on company building and accelerating the growth of the businesses it backs.
Plug and Play is an innovation platform that connects corporations, governments, startups, investors, and universities to drive innovation.
Pioneer Fund is a venture capital firm investing in the top Y Combinator startups.
Pear VC is a venture capital firm that backs founders from the earliest stages through its PearX accelerator and seed investing programs.
Moonfire Ventures is a seed-stage venture capital firm investing in European startups.
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.
Zeno Ventures invests in early and growth stage technology enabled companies addressing consumer and enterprise markets.
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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