Update on the EUVC community syndicates
All in all, in the #euvc community; the partyโs still going ๐๐ and you should move quick if you want a bite of Acrobator and Pacenotes ๐ฅ.
Welcome to theย 134 new VCs, Angels & LPs who have joined the #euvc community in June! If you havenโt yet, joinย the 1,195 subscribers below & join the community here โ.
Hi fellow investors ๐ ,
Itโs been some crazy weeks. Luckily, the VC industry shows perseverance and manages to laugh most things off by creating memes and GIFs bashing crypto ๐ต๐ฅ
Of course, weโre taking stock of this and are launching a special series on the #euvc pod on navigating the current market turmoil. Weโll bring you insights from the founding partners & GPs of Target Global, Speedinvest, Isomer Capital, Seedcamp, Heartcore and many more. Subscribe on Spotify or Apple to stay in the know ๐ง
Luckily, the fundraises of the EUVC syndicate are only going one way ๐ and weโre happy to share that 500 Istanbulโs fund II is already in positive TVPI & IRR, Acrobator Ventures has reached their hard cap (10Mโฌ above the initial 20Mโฌ target) and our allocation in Pacenotes has less than 20% to go.
So all in all, in the #euvc community; the partyโs still going ๐๐ and you should move quick if you want a bite of Acrobator and Pacenotes.
Letโs get to it.
The rundown ๐โโ๏ธ๐จ
500 Istanbul
The 500 Istanbul team has been busy as ever. In May, theyโve completed two new investments pushing the fund to a total of 12 portfolio companies and some nice rounds have happened putting the fund into positive TVPI and IRR ๐
Hustling as only the best VCs know how, the team has also found time to speak at Techchill, Wolves Summit, Startup Fair, Latitude59, Podim, Vestbee CEE VC Summit, Flashpoint Podcast, Yeditepe Entrepreneurship Summit, Istanbul University - Shift Up '22ย โ.
We cannot begin to describe how hyped we are about the 500 Istanbul team ๐
If youโre considering joining our syndicate into 500 Istanbul, join us in the EUVC community by clicking the below. Already a member? Navigate to the deal room or reach out to Andreas.
Acrobator Ventures [oversubscribed & closing 30th of July]
The launch and oversubscription of Acrobator was featured in tech.eu nicely - happy we secured that allocation in time ๐ ๐ We can still take in more investors in the syndicate, but final call is July 30th so donโt wait around! LMK if you want access.
Weโre following up on the magic behind this feat with a LinkedIn Live event with the team on accessing breakout companies via early stage VC funds ๐ฉ๐ Whether youโre looking for insights as a GP building your fund or expansion of your repertoire as an angel or LP, this event is not one to miss ๐ ๐

If youโre considering joining our syndicate into Acrobator, join us in the EUVC community by clicking the below. Already a member? Navigate to the deal room or reach out to Andreas.
Pacenotes [our allocation is close to full!]
With 79.8% of the allocation filled, weโre getting close to having filled our allocation ๐ which weโre of course super hyped about. Especially because we only just released the memo last week. Amazing traction for you all, thank you ๐
But hey ๐คทโโ๏ธ Jeroen is giving you access to consistent top performers like Balderton, Northzone, Seedcamp and many more in a single ticket - so who wouldnโt? ๐

If youโre considering joining our syndicate into Pacenotes, join us in the EUVC community by clicking the below. Already a member? Navigate to the deal room or reach out to Andreas.
Stealth raise ๐คซ
In case we were too stealth to handle, we launched a stealth raise into an emerging manager raising a ยฃ10M Deep Tech & Big Data seed fund in the UK to leverage their community of 15.000+ founders.
From their community, the team has sourced, selected and helped launch 33 Deep Tech & Big data companies now worth more than โฌ7 billion. Believing that the future of tech investing is human, we couldnโt help but back this manager โ
The team are currently in the process of exploring the warehousing of a ยฃ200-400k allocation in a Seed company in the battery material space with unrivalled traction in Europe. On top of this, theyโve secured a ยฃ200k allocation in a pre-seed company in the AI/Cybersecurity space with strong paid pilots already taking place. Exciting times with this manager ๐
If youโre considering joining our syndicate to back this team, join us in the EUVC community by clicking the below. Already a member? Navigate to the deal room.
In case you missed it, we hosted a fireside with Chris Wade on his views on raising VC funds in the current market ๐

And just before we leave you; weโre hiring for a podcast producer role. If you know anyone obsessed with this space, let us know or shoot them our way!