e2.vc

Overview

e2.vc is a venture capital firm investing in early-stage technology companies across Emerging Europe. The firm focuses on pre-seed, seed, and Series A investments in sectors such as technology, AI, big data, gaming, machine learning, SaaS, health tech, fintech, edtech, e-commerce, media, telecommunications, cybersecurity, blockchain, and IoT. e2.vc has a geographical focus on Turkey and various countries in Central and Eastern Europe, including Poland, Hungary, Croatia, Slovenia, Estonia, Lithuania, Latvia, Bulgaria, Romania, Serbia, Moldova, Ukraine, Slovakia, Czechia, Albania, Montenegro, Bosnia & Herzegovina, and Greece. The firm raised its first fund in 2016 with a size of USD 11 million and its second fund in 2021 with a size of EUR 70 million. e2.vc is planning to raise its third fund in 2025 with a target size of EUR 100 million. The firm's investors include development institutions such as the European Bank for Reconstruction and Development (EBRD), International Finance Corporation (IFC), and the Turkish Wealth Fund, as well as public institutions like the Turkish Ministry of Treasury and Finance, the Istanbul Development Agency, and over 30 entrepreneurs, 5 banks, 20 corporations, and individual investors. e2.vc's portfolio includes companies like Fal, a generative media platform for developers; Carbon, a health tech unicorn transforming care for millions of patients; Arf and Huma, which secured $38 million in investment; Ubicloud, which raised $16 million for its open-source cloud platform; Cypher Games, which closed $30 million in Series A funding; Massive Bio, which raised $25 million for AI-driven clinical trials; Plum, an AI-powered savings assistant that saved £2 billion to date; Vivoo, which raised $20 million to revolutionize urine tests; Daytona, the fastest-growing infrastructure company in history; Agave Games, which raised $18 million in Series A funding; and Firefly, which revolutionized out-of-home advertisement with a $70 million raise. The firm's offices are located in Istanbul, San Francisco, Amsterdam, New York, and London.

Investment Focus

• Early-stage technology companies in Emerging Europe

Portfolio Companies