A massive congratulations and achievement for 500-backed Praktika.ai who just raised $35.5M in their Series A round! 🎉 We are super proud and thrilled with what Adam, Ilya, and Anton have accomplished since coming into the program 1.5 years ago. Praktika had the vision to pioneer up-and-coming AI tech to enhance the language learning experience for anyone, anywhere. Today, it’s estimated by Praktika that there are over a million who use Praktika, proving the need and strong product the team has built. “Praktika is a clear example of AI disrupting Edtech with a beautiful product that is loved by the users. These are the companies that 500 Global accelerates in Eurasia: strong complementary team with unique industry insights; a market segment that’s bound for explosive growth; and a first product that we believe users can’t live without.” - Pedro Santos Vieira, Partner at 500 Global in Eurasia. This raise marks a milestone growth, and we’re already looking forward to the greater impact that will come out of an outstanding team. 💪 #500eurasia #praktika 500 Global
500 Eurasia
Venture Capital and Private Equity Principals
Venture Capital firm on a mission to uplift people and economies worldwide through entrepreneurship.
About us
500 Global is a venture capital firm with $2.4 billion in assets under management that invests in founders building fast-growing technology companies. We focus on markets where technology, innovation, and capital can unlock long-term value and drive economic growth. 500 Global in Eurasia is committed to elevating the Eurasia region through its Georgia-based accelerator and investment program. Collaborating with Georgia’s Innovation and Technology Agency (GITA) and the Bank of Georgia, 500 Global established one of the region’s startup accelerators. Our mission is to nurture a thriving tech hub in Georgia while attracting talented founders from over 25 neighbouring countries. Our program covers critical areas such as customer discovery, marketing, sales, cross-border expansion, and fundraising. Starting with batch number three, 500 Global began directly investing US$100,000 into each participating accelerator company, with the goal of funding over 100 regional startups at the pre-seed or seed stage. Join us in this 12-week program to embark on your growth and fundraising journey with confidence.
- Website
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https://500.co/accelerators/500-eurasia
External link for 500 Eurasia
- Industry
- Venture Capital and Private Equity Principals
- Company size
- 51-200 employees
Updates
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500 Eurasia reposted this
I am passionate about building startup communities. Last week, I had an opportunity to explore 🇬🇪 Georgia's rising market. Tbilisi left a lasting impression on me, I encountered visionary founders, gov people committed to shaping the future of the tech scene, and tasted the most delicious cuisine. Much appreciation to Pedro Santos Vieira & 500 Eurasia for inviting me to the Demo day and for your relentless work. The showcased startups are worth watching. Shout-out to the wonderful people I met Zach Coelius, Elena M. Julia Gifford, Mal (Malgorzata) Filipowska Team who did a superb job Oksana, Elene, Nina Nikabadze, Yileen Koh, Arianne
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500 Eurasia reposted this
500 Global in Eurasia Batch 6 Demo Day!🌟 Thanks 500 Eurasia team 💫
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500 Eurasia reposted this
I'm in love with young start-up ecosystems! 🇬🇪 The energy in Tbilisi is on another level, at least from my experience during my recent trip (is it because of football or start-ups? 🙈). I had the chance to discuss exciting opportunities in emerging markets with Zach Coelius, Elena M., Robin Butler CFA moderated by the brilliant Julia Gifford during the 500 demo day. We all agree that emerging markets are the next big thing for the global VC scene. The 500 Eurasia team organised a fantastic investors and media tour for us, filled with inspiring conversations, incredible Georgian wines, and some of the best food I've ever tasted. Georgia is a true gem – full of warm, hospitable people, delicious cuisine, and rich history. Thank you Pedro Santos Vieira and the stellar team Oksana, Elene, Nina, Yileen, and Arianne for hosting us!
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Is your startup seeking growth opportunities? This is your chance to apply to the 500 Global Accelerator Program in Georgia, tailored for tech startups building in the Eurasia region. Join our AMA session on Wednesday, July 10th, with Pedro Santos Vieira, Partner at 500 Eurasia, to learn more about the program and application process. 👉 Sign up for the Information Session - https://shorturl.at/9UFuV 500 Global #500eurasia #500global #acceleratorprogram #techstartups
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🌟 Highlights from Demo Day of batch 6! Our international and local guests gathered for a compelling panel discussion moderated by Julia Gifford from Tech.eu. The topic "Accelerating VC in Eurasia" sparked dynamic insights from industry leaders: - Zach Coelius, Coelius Capital - Elena M., Flyer One Ventures - Robin Butler CFA , Sturgeon Capital - Mal (Malgorzata) Filipowska, Seedstars It was a privilege to hear their perspectives on shaping the future of venture capital in the Eurasia region🚀 500 Global Pedro Santos Vieira
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On June 27th, 500 Global in Eurasia hosted Demo Day of Batch 6. This event featured eight tech startups across the Eurasia Region, specializing in diverse sectors such as HRTech, Adtech/Martech, SaaS, Web3, AI, and EdTech. This Demo Day was more than just startup presentations. 500 Global in Eurasia invited leading venture capital, technology, and entrepreneurship experts. They have been on stage discussing cutting-edge topics of local and global significance. It was a day with inspiring insights and valuable networking opportunities. 500 Global Pedro Santos Vieira Yileen Koh Elene Gogiashvili Oksana Vodonos Arianne Renée Dilts Nina Nikabadze YAYA Katalist.ai VideoPoint | Shoppable video for DTC sales Raised Helio.AI Clustr Optimyzee Trag Julia Gifford Zach Coelius Elena M. Robin Butler CFA Mal (Malgorzata) Filipowska Sturgeon Capital Tech.eu Flyer One Ventures Seedstars Coelius Capital
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500 Eurasia reposted this
We are here!🔥 Attending 500 Global for the 1st time! It’s been an inspiring experience meeting so many bright minds and learning about the impactful work 500 Global is doing. Armenian startups pitched, too - Trag founded by Khachatur Virabyan and Optimyzee founded by David Arshakian. Other participating startups represent industries such as #Web3, #HR, #FinTech, and more. My highlight was discovering Helio.AI - a platform automating the recruitment process through innovative solutions. Had a great conversation with the founders—an impressive team with huge ambitions. _ Overall, this was a valuable experience for Magnus HR as a tech-focused HR/Recruitment agency and for me personally as a professional. Thank you, Ruben Osipyan, for getting me on board. 500 Eurasia 500 Global 🚀
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500 Eurasia reposted this
The 500 Eurasia team hosted an exceptional event with impressive organization and attendance. Most notably, the startups were very promising. I'm excited to attend future events and meet more outstanding founders. 500 Eurasia 500 Global
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500 Eurasia reposted this
🎉 Wrap-up of the key takeaways from the demo day of 500 Eurasia today. 🗣️ Notes from Pedro Santos Vieira's speech: - Our goal is to help Georgia become a tech hub for the broader region through our partnership with GITA and the Bank of Georgia. - 500 Global manages a $2.4 bln AUM portfolio with around 3K companies. - Pedro showcased the success of Praktika.ai, a startup that achieved $15m ARR in 12 months and recently raised $35.5m. 💡 Panel Insights - Accelerating VC in Eurasia: Zach Coelius: "Money is made by crazy people doing weird things. You can't use a committee to select crazy ideas." (answering on the question on the benefits of being a solo GP) Mal (Malgorzata) Filipowska: "By 2050, half the world’s population will live in emerging markets. VC should start looking at these markets more and more." Elena M.: "We urge our portfolio teams to think about plans A, B, C, and act quickly. Ukrainian teams demonstrated true resilience in these challenging times." 🚀 Pitching Startups - One Liners: Katalist.ai: AI-powered branded video production. 📹 Clustr: Top product on Product Hunt, helping crypto investors evaluate portfolios. 📈 YAYA: Offering discounted kid services to parents. 👶 VideoPoint | Shoppable video for DTC sales: Boosting B2C brand conversions with engaging video content. 🎥 Raised: Marketplace for fractional professionals, achieving 2x conversion for clients. 💼 Optimyzee: Optimizing Google ads for over 200 companies. 📊 Trag: AI platform for engineering teams to find and fix bugs in real-time. 🛠️ Helio.AI: Game-based psychometric tests, automating recruiting processes. 🧩 ✨ Alumni Highlights: OHMYSYNT: Doubled user base, ARR grew from $70K to $200K. 🔝 Kings International: Profitable with $650K ARR, 300K users, now entering the Indian market. 🇮🇳 Arena Games Platform: Blockchain gaming ecosystem with 20x growth and 2M on-chain transactions. 🎮 It was amazing to be at the event with Ani Meruzhan Margaryan, meet Alex Samson (with whom we studied at Venture Institute 2nd Cohort), Medea Janjghava, my lovely friend Nato Chakvetadze, Tal Catran, and many other professionals. In conclusion, I'd like to thank Pedro, Yileen Koh, and the incredible team of 500 Eurasia for doing such important work for the region! 🚀 500 Global 500 Eurasia #DemoDay #Startups Science and Technology Angels Network (STAN)
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