About This Fund
500 Emerging Europe Fund II is the second fund managed by 500 Emerging Europe (formerly 500 Istanbul VC), the regional venture arm of 500 Global. The fund targets early-stage startups across Central and Eastern Europe and Turkey, with priority markets including Poland, Romania, the Baltics and Turkey. The strategy invests in pre-seed and seed-stage companies across all sectors, with strong founder activity in gaming and machine-learning operations. Initial ticket sizes are up to €1 million for 5–10% ownership stakes. The fund had a target raise of €70 million and was actively fundraising in 2022 with more than €50 million already secured.