Business Wire

500 Global Announces Promotion of Mei Chel Tan to Global Managing Partner

Share

500 Global, one of the world’s most active venture capital firms1, today announced the promotion of Mei Chel Tan to Global Managing Partner. Her appointment reflects both her leadership in expanding 500 Global’s footprint across high-growth regions and the accelerating AI transformation that is positioning nascent and emerging markets as central drivers of the next era of global growth.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260114209489/en/

500 Global announces promotion of Mei Chel Tan

Mei Chel joined 500 Global in 2016 and was appointed Partner in 2023. Over the past decade, she has helped shape the firm’s expansion across Asia, Europe, Middle East and Africa — architecting the launch of early Asian investment funds and vehicles, leading market-entry strategies, developing national ecosystem diagnostics, and guiding governments and institutions in translating development priorities into actionable investment and digital transformation roadmaps. She has focused on building tailored early-stage funds, founder programs, and ecosystem infrastructures that help catalyze long-term, technology-led economic growth.

Her promotion comes at a defining moment for global markets. 500 Global has observed that governments, sovereign investors, and development institutions are increasingly prioritizing the integration of entrepreneurship and artificial intelligence as demographic shifts, supply-chain realignment, and rapid digitization reshape national competitiveness. By 2040, 3 billion new internet users are expected to come online2, the majority from emerging markets. Simultaneously, global economies stand to unlock trillions in additional annual value through AI adoption3, with emerging markets — projected to account for 65% of global economic growth by 2035 — playing a central role4. Together, 500 Global believes AI and entrepreneurship generate powerful multiplier effects: creating new industries, boosting productivity, accelerating export growth, and driving long-term economic diversification. As a result, innovation ecosystems are now foundational to national and regional competitiveness.

”As AI becomes the infrastructure layer of the global economy, founders need ecosystems that can support AI-driven scale. Mei Chel has been instrumental in shaping 500 Global’s commercial approach to market development, turning the AI platform shift into investable opportunities and long-term value across high-growth regions,” said Christine Tsai, CEO & Founding Partner, 500 Global.

“Mei Chel has shown how private capital can move beyond company-level investing to help build the market foundations—talent, infrastructure, and policy alignment—that unlock scalable, technology-led growth,” said Courtney Powell, Managing Partner & COO of 500 Global. “Her leadership demonstrates how strategic capital can accelerate the evolution of entire ecosystems into investable innovation hubs.”

500 Global remains committed to investing in high-potential founders and partnering with governments and international organizations to build resilient, competitive innovation ecosystems through venture funds, founder education, and market-building programs that support economic transformation. Institutions interested in strategic collaboration are invited to engage with 500 Global on long-term ecosystem partnerships.

About 500 Global

500 Global is a multi-stage venture capital firm with $2.2B in assets under management5 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 and development. We work closely with key stakeholders and advise governments on how best to support entrepreneurial ecosystems and economic development in emerging markets. 500 Global has backed over 5,000 founders representing more than 3,000 companies operating in 80+ countries. We have invested in more than 35+ companies valued at over $1 billion and 160+ companies valued at over $100 million (including private, public, and exited companies) (as of June 30, 2025). We have launched 200+ startup program batches in 24 markets, accelerated 4,000+ startups and mentored 6,000+ founders. Our 180+ team members are located in more than 23 countries and bring experience as entrepreneurs, investors, and operators from some of the world’s leading technology companies.

THE CONTENT IN THIS PRESS RELEASE IS PROVIDED FOR GENERAL INFORMATIONAL OR EDUCATIONAL PURPOSES ONLY. 500 GLOBAL MAKES NO REPRESENTATIONS AS TO THE ACCURACY OR INFORMATION CONTAINED HEREIN AND WHILE 500 GLOBAL HAS TAKEN REASONABLE STEPS TO ENSURE THAT THE INFORMATION CONTAINED HEREIN IS ACCURATE AND UP-TO-DATE, NO LIABILITY CAN BE ACCEPTED FOR ANY ERROR OR OMISSIONS. UNLESS OTHERWISE STATED IN THIS PRESS RELEASE, ANY PREDICTIONS, FORECASTS, CONCLUSIONS, VIEWS OR OPINIONS EXPRESSED REPRESENT THE CURRENT VIEW AND THINKING OF 500 GLOBAL WITH REGARD TO THE SUBJECT MATTER THEREIN AND/OR ANALYSIS WHICH HAS NOT BEEN INDEPENDENTLY VERIFIED, AND WHICH IS SUBJECT TO CHANGE AT ANY TIME.

UNDER NO CIRCUMSTANCES SHOULD ANY OF THE CONTENT IN THIS PRESS RELEASE BE CONSTRUED AS LEGAL, TAX OR INVESTMENT ADVICE FROM 500 GLOBAL OR ANY OF ITS AFFILIATES. 500 GLOBAL DOES NOT GUARANTEE ANY FUTURE RESULTS FOR ANY DECISIONS MADE BASED IN WHOLE OR IN PART ON THE CONTENT OR INFORMATION CONTAINED HEREIN. ALL READERS OF THIS PRESS RELEASE SHOULD CONSULT WITH THEIR OWN COUNSEL, ACCOUNTANT OR OTHER PROFESSIONAL ADVISORS BEFORE TAKING ANY ACTION IN CONNECTION WITH THIS PRESS RELEASE.

UNDER NO CIRCUMSTANCES SHOULD ANY INFORMATION OR CONTENT IN THIS PRESS RELEASE, BE CONSIDERED AS AN OFFER TO SELL OR SOLICITATION OF INTEREST TO PURCHASE ANY SECURITIES ADVISED BY 500 GLOBAL OR ANY OF ITS AFFILIATES OR REPRESENTATIVES. FURTHER, NO CONTENT OR INFORMATION CONTAINED IN THIS PRESS RELEASE IS OR IS INTENDED AS AN OFFER TO PROVIDE ANY INVESTMENT ADVISORY SERVICE OR FINANCIAL ADVICE BY 500 GLOBAL. UNDER NO CIRCUMSTANCES SHOULD ANYTHING HEREIN BE CONSTRUED AS FUND MARKETING MATERIALS BY PROSPECTIVE INVESTORS CONSIDERING AN INVESTMENT INTO ANY 500 GLOBAL INVESTMENT FUND. UNDER NO CIRCUMSTANCES SHOULD ANY CONTENT BE INTERPRETED AS TESTIMONIALS OR ENDORSEMENT OF THE INVESTMENT PERFORMANCE OF ANY 500 GLOBAL FUND BY A PROSPECTIVE INVESTOR CONSIDERING AN INVESTMENT INTO ANY 500 GLOBAL INVESTMENT FUND.

________________________

1 Based on PitchBook’s 2024 Global League Tables.

2500 Global’s Rise Report
3The economic potential of generative AI
4Look Forward, Emerging Markets: A Decisive Decade

5 ASSETS UNDER MANAGEMENT (AUM) CALCULATIONS ARE BASED ON INTERNAL ESTIMATES AS OF JUNE 30, 2025.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260114209489/en/

Contacts

Media Contact
Media Relations at 500 Global
press@500.co

(c) 2024 Business Wire, Inc., All rights reserved.

Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

AI’s Water Demand to Surge Nearly 130% by 2050 – New Research Shows How to Build a Water-Secure AI Economy14.1.2026 16:00:00 CET | Press Release

The rapid global expansion of artificial intelligence is set to drive a 129% increase in water demand across the AI value chain by 2050, according to new research by Xylem (NYSE: XYL) and Global Water Intelligence (GWI). Watering the New Economy: Managing the Impacts of the AI Revolution provides the most comprehensive assessment to date of how AI is reshaping global water use. It also highlights practical ways to meet that demand while strengthening water security for communities. Spending on AI is forecast to approach $2 trillion in 2026,1 accelerating infrastructure build-out worldwide. By the middle of the century, this expansion is projected to add 30 trillion liters of water demand, annually, fueled by a surge in power generation (~54% of the increase), semiconductor fabrication (~42%), and data center expansion (~4%). Crucially, the report finds that this additional demand does not have to result in competition between industry and communities. Today, global water systems proces

ACCELQ Crowned Leader and Customer Favorite in The Forrester Wave™ for Autonomous Testing Platforms14.1.2026 16:00:00 CET | Press Release

Forrester has named ACCELQ a Leader in The Forrester Wave™: Autonomous Testing Platforms, Q4 2025. This marks the third consecutive Wave in which ACCELQ has been recognized as a Leader. Notably, this evaluation placed strong emphasis on generative AI innovation and real-world customer adoption. ACCELQ received the highest scores for both capabilities and vision and was the only platform to be recognized as a Customer Favorite, earning a "double halo" for exceptional customer endorsement. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260113112861/en/ ACCELQ recognized as a Leader and Customer Favorite in The Forrester Wave™️: Autonomous Testing Platforms, Q4 2025, validating its agentic, GenAI-embedded testing vision. According to the Forrester report, ACCELQ received the highest score among all evaluated vendors in the Current Offering category. Analysts praised the platform’s "impressive vision and innovation," specificall

Primient to Acquire Full Ownership of Primient Covation, LLC14.1.2026 16:00:00 CET | Press Release

Primient, a global leader in biomanufacturing, announced today it has agreed to purchase the remaining ownership interest in Primient Covation, LLC (“Primient Covation”), establishing Primient as the sole owner of the company and marking an exciting new chapter in Primient’s growth in the bioeconomy. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260114344080/en/ This acquisition is the next step of Primient’s strategy to strengthen Primient’s leadership position in biomanufacturing and builds upon recent announcements, including Primient’s partnership with Sustainea and the creation of the iPROOF venture. Primient Covation stands as a leading force in the U.S. biomanufacturing sector, distinguished by its broad range of biomanufacturing and fermentation expertise. The company was founded in 2000 to supply a variety of end markets, including cosmetics and personal care, textiles, fashion, coatings, functional fluids, and oth

BitGo Holdings tillkännager börsintroduktion14.1.2026 15:53:00 CET | Pressmeddelande

BitGo Holdings, Inc. (”BitGo”), ett företag inom digitala tillgångsinfrastruktur, tillkännagav idag sin börsintroduktion i form av 11 821 595 A-aktier i enlighet med de redovisningshandlar som redovisats på Form S-1 och lämnats in till amerikanska finansinspektion (U.S. Securities and Exchange Commission, SEC). Introduktionen består av 11 000 000 A-stamaktier som erbjuds av BitGo och 821 595 A-stamaktier som erbjuds av vissa befintliga aktieägare i BitGo. BitGo kommer inte att göra någon vinst från de aktier som säljs av befintliga aktieägare i samband med introduktionen. I samband med börsintroduktionen har BitGo för avsikt att ge garanterna av emissionen en 30-dagars option på att köpa upp till ytterligare 1 770 000 A-stamaktier. Priset vid börsintroduktionen förväntas ligga på 15–17 USD per aktie. BitGo har ansökt om att få notera sina A-stamaktier på New York-börsen (New York Stock Exchange) under förkortningen ”BTGO”. Goldman Sachs & Co. LLC fungerar som huvudansvarig för dokument

Paysafe Research: First-Time and Casual Betting to Surge for 2026 World Cup14.1.2026 15:10:00 CET | Press Release

19% of global consumers with an interest in following this summer’s 2026 World Cup plan to place their first ever online bet during the soccer tournament, according to research issued today by leading payments platform Paysafe (NYSE: PSFE). The company’s All the Ways Players Pay: World Cup 2026 report also indicates that brand reputation and offering flexible, reliable payments will be crucial for online sportsbooks when converting and retaining new and experienced bettors alike. With the World Cup returning to North America for the first time since 1994, there is strong appetite for online wagering in the host countries of the U.S., Mexico, and Canada as well as in Europe and Latin America, with 60% of global fans planning to bet. Across U.S. states where sports betting is legal, 62% intend to wager, with 29% placing their first ever bet. The surge is expected to be even stronger in Mexico, with 68% planning to wager, including 26% for the first time. And even in Canada, 46% of Ontari

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye