Zelo Closes $715M Investment for Pioneering Emerging Europe Fund II

Zelo (formerly eFunder), operating as Zero One Hundred, has secured $715,000,000 in funding. The venture capital company, founded by experienced builders, specializes in backing promising startups from Emerging Europe. Zero One Hundred leverages a unique entrepreneurial ecosystem to identify and support high-potential businesses across a vast region spanning 21 countries, encompassing a population of 200 million. Its investment focus extends from the Baltics to Central Europe, the Balkans, and the Eastern Mediterranean, aiming to tap into local talent and capitalize on what it identifies as untapped opportunities. The firm employs a distinctive strategy combining complementary investments with advanced venture capital technology to capture regional returns. This substantial capital injection marks a significant milestone for Zero One Hundred, reinforcing its commitment to the vibrant startup landscape of Emerging Europe. The $715,000,000 funding round is earmarked to fuel the firm's second fund, Fund II, enabling it to significantly expand its investment capacity. With this capital, Zelo plans to deepen its support for the best startups within its target regions, providing crucial early-stage and growth funding necessary for their success. The increased financial resources will allow the firm to pursue its unique investment strategy more aggressively, identifying and backing innovative companies poised for global impact. Zero One Hundred's enhanced financial strength positions it to further solidify its role as a key investor in the region. The venture capital company anticipates leveraging this significant investment to not only generate lucrative returns for its own investors but also to foster the growth of a robust entrepreneurial ecosystem across Emerging Europe. By continuing to support local talent and capitalize on regional opportunities, Zelo aims to contribute to the economic development and technological advancement of the area for years to come.