e2vc

e2vc is an early-stage venture capital firm backing globally minded founders from Emerging Europe building outlier success stories, with a founder-first approach that prioritizes team before product, market, or traction metrics. Founded in 2016 (originally as 500 Emerging Europe, in partnership with 500 Global), the firm is headquartered in Amsterdam, with additional offices in Istanbul, San Francisco, New York, and London. The firm operates a founder network it calls "the Tribe," connecting portfolio founders to peers, talent, and international market access, particularly bridging Emerging European startups into the US and Silicon Valley ecosystems. Its sector focus spans devtools, AI, machine learning, infrastructure, SaaS, fintech, healthtech, and gaming, with a geographic emphasis on Central and Eastern Europe, the Baltics, and Turkey. The firm has backed more than 50 companies across three funds, producing four unicorns: Insider One, fal, BillionToOne, and Carbon Health. Other portfolio companies include Daytona, Ubicloud, Loom Games, Firefly, and Plum. e2vc closed its €100 million Fund III in 2026, following a €10 million Fund I (2016) and €70 million Fund II (2021), backed by over 100 LPs including EBRD, IFC, and the Türkiye Wealth Fund. Typical check sizes run up to $1 million per company, concentrated at the pre-seed and idea stages. Its investment approach emphasizes being a startup's first institutional investor, reserving capital for follow-on rounds, and helping founders target large global markets, including the US, from day one.