# Top 40 Enterprise Startup Investors in Bulgaria in October 2023 ## Eleven Ventures - Type: VC Fund - Location: Sofia, Grad Sofiya, Bulgaria - Relevant deals: 45 - Stages: Seed, Convertible Note, Pre-Seed - Focus: Software, SaaS, Information Technology We empower local heroes to build global success. Eleven is an early-stage VC investing in technology companies in Southeast Europe. ## LAUNCHub Ventures - Type: VC Fund - Location: Sofia, Grad Sofiya, Bulgaria - Relevant deals: 21 - Stages: Seed, Series A - Focus: Software, SaaS, Enterprise Software LAUNCHUB is a leading early-stage venture capital fund focused on investing in startups in South-Eastern (SEE) and Central-Eastern (CEE) Europe. ## Impetus Capital - Type: VC Fund - Location: Sofia, Grad Sofiya, Bulgaria - Relevant deals: 9 - Stages: Seed, Convertible Note - Focus: Software, Information Technology, Life Science Early stage venture capital fund partnering with founders at Seed and Series A stage. We are not simply the next investor who sends you money and shows up at board meetings. Our team seeks to empower you throughout your journey with actionable, game-changing support. ## Vitosha Venture Partners - Type: VC Fund - Location: Sofia, Grad Sofiya, Bulgaria - Relevant deals: 6 - Stages: Seed, Pre-Seed - Focus: Software, Marketplace, Apps Vitosha is a EUR 26m early-stage VC fund investing in innovative businesses in Bulgaria ## Hristo Hristov - Type: Angel - Location: Sofia, Grad Sofiya, Bulgaria - Relevant deals: 5 - Stages: Seed, Pre-Seed, Angel - Focus: E-Commerce, Software, Advertising Hristo Hristov - Chief Executive Officer @ DarikNews.bg ## North Base Media - Type: VC Fund - Location: Singapore, Central Region, Singapore - Relevant deals: 3 - Stages: Seed, Series A, Series B - Focus: Digital Media, Advertising, Publishing NBM is a specialized firm that successfully pioneered global digital-media investing over the last decade, backing successes like IDN Media in Indonesia, Pocket Aces in India, TheNewsLens in Taiwan and Capital Digital in Mexico. Its first venture fund, launched in 2015, consistently ranks in the top quartile of media and global venture funds. TheFund, which has been backed by several of the world’s leading media brands, is now open to other investors as its investment team moves to take advantage of the sudden rise of opportunities and new valuations in the global media landscape. NBM’s co-founders are Marcus Brauchli, the former top editor at The Washington Post and The Wall Street Journal; Sasa Vucinic, the longtime CEO of the Media Development Investment Fund (MDIF). The firm’s general counsel is Stuart Karle, former COO of Reuters and General Counsel of the Journal. ## South Central Ventures - Type: VC Fund - Location: Belgrade, Vojvodina, Serbia - Relevant deals: 2 - Stages: Seed, Series A, Pre-Seed - Focus: Software, SaaS, Artificial Intelligence South Central Ventures is dedicated to investments in startups, small and medium globally oriented technology companies in SE Europe. ## NEVEQ - Type: VC Fund - Location: Sofia, Grad Sofiya, Bulgaria - Relevant deals: 2 - Stages: Seed, Series A - Focus: SaaS, Mobile, Analytics NEVEQ (New Europe Venture Equity) is a venture capital fund focused on seed and early stage investments enabling companies to scale and reach growth stage. The fund has invested among others in business intelligence, travel technology, semantic technology, social media, telecommunication solutions and data center businesses. ## Speedinvest - Type: VC Fund - Location: Vienna, Wien, Austria - Relevant deals: 2 - Stages: Seed, Series A, Pre-Seed - Focus: Software, FinTech, Financial Services Speedinvest is one of Europe’s most active early-stage investors, with more than €1bn AUM, 40 investors, and offices in Berlin, London, Munich, Paris, Vienna and San Francisco. Your success is our priority, so we don’t just send some money and "check in" at board meetings. Our mission is to empower you with game-changing support throughevery stage of your journey. Our focused investment teams know your industry inside and out. Their Deep Tech, Fintech, Industrial Tech, Network Effects, Digital Health and Subscriptions experience, know-how and deep networks are yours from day one. You also have full access to our in-house Platform+ team of operational experts who can provide tailored growth marketing, people (HR), US business development, and networking support throughout every stage of your journey. ## BrightCap Ventures - Type: VC Fund - Location: Amsterdam, Noord-Holland, The Netherlands - Relevant deals: 2 - Stages: Seed, Pre-Seed - Focus: Software, Health Care, SaaS We invest in early-stage tech startups with roots in Southeast Europe, working on defensible technology and a clear strategy for entering affluent markets. ## Openfund - Type: VC Fund - Location: Athens, Attiki, Greece - Relevant deals: 2 - Stages: Seed, Series A, Pre-Seed - Focus: Software, Travel, E-Commerce Openfund is a new seed capital venture, focusing on start-ups around software, mobile and the web. Based in Athens, Greece, the Openfund brings together an exceptional team of executives, an extensive list of advisors and a number of passionate investors to provide everything a team of entrepreneurs needs to turn ideas into products and success. ## Nedelcho Spasov - Type: Angel - Relevant deals: 1 - Stages: Seed - Focus: Farming, FinTech, Payments Nedelcho Spasov is a Co-Founder of Management Financial Group. ## Miodrag Stankovic - Type: Angel - Location: Nis, Vojvodina, Serbia - Relevant deals: 1 - Stages: Angel - Focus: Hardware, Child Care, Cloud Computing Miodrag Stankovic ## SFC Capital - Type: VC Fund - Location: London, England, United Kingdom - Relevant deals: 1 - Stages: Pre-Seed, Seed - Focus: Software, Information Technology, Artificial Intelligence SFC Capital, the UK's most active seed investor (PitchBook, 2020), provides capital and support to British startups. By combining its Angel Network and Seed Funds, SFC has created a unique model that allows investors to get exposure to SEIS- and EIS-qualifying businesses, either directly or through a diversified portfolio curated and managedby SFC’s expert team. In 2020, SFC received a £10m allocation from Business Investments as part of the Regional Angels Programme in support of SFC's mission to back promising early-stage companies from every corner of the UK.SFC Capital is an Appointed Representative of SFC Capital Partners Ltd which is authorised and regulated by the UK Financial Conduct Authority (FRN 736184). ## Bogomil Balkansky - Type: Angel - Location: San Francisco, California, United States - Relevant deals: 1 - Stages: Seed, Series A, Series B - Focus: Software, SaaS, Enterprise Software Bogomil Balkansky is a Partner at Sequoia Capital. He started his career as a management consultant at McKinsey & Company. Bogomil holds a bachelor of arts in Mathematics from Cornell University and an MBA from Stanford Graduate School of Business. ## European regional development fund (ERDF) - Type: VC Fund - Location: Brussels, Brussels Hoofdstedelijk Gewest, Belgium - Relevant deals: 1 - Stages: Grant, Pre-Seed - Focus: Software, Information Technology, Artificial Intelligence The European Regional Development Fund (ERDF) aims to improve the European Union's economic, social, and territorial cohesion by resolving imbalances across its various regions. ERDF funds initiatives for which the European Commission and national and regional governments in member countries share responsibility. Each member state'sgovernment decides which initiatives to support and is responsible for their continued supervision. ## HardGamma Ventures - Type: VC Fund - Location: Warsaw, Mazowieckie, Poland - Relevant deals: 1 - Stages: Seed, Convertible Note - Focus: Software, E-Commerce, Enterprise Software HardGamma Ventures is a venture capital fund that invests in startups that focuses on computing, internet, biotechnology, and more. Early stage VC fund focused on Polish and CEE startups.The Fund invests in projects such as seed and startups in the area of computing, Internet, mobile technologies, the biotechnology sector and physicochemicaltechnologies. HardGamma Ventures invests in strong teams developing projects with global potential - providing funding and support for business planning, marketing, product positioning and other business functions.The HardGamma team is constantly in contact and cooperation with leading competitions and incubator programs in Europe and USA - Seedcamp (UK), The Difference Engine (UK), Springboard (UK), Startup Bootcamp (Denmark), TechStars (United States), and the pan-European incubator program HackFwd (Germany), where the team is responsible for the assessment and certification program for start-ups, and the International Incubator of the University of Maryland (United States).The team of HardGamma is also building a network affiliation with other VC funds in the region to broaden the range of exploration and investment opportunities and to increase international support and business opportunities for the portfolio of projects. ## Selahattin Zoralioğl - Type: Angel - Location: Istanbul, Istanbul, Turkey - Relevant deals: 1 - Stages: Seed - Focus: Computer, Software, Web Apps Selahattin Zoralioğl ## Petr Baron - Type: Angel - Location: London, England, United Kingdom - Relevant deals: 1 - Stages: Seed - Focus: FinTech, Internet, Marketing Petr Baron CEO TBI Financial Services ## BMW i Ventures - Type: VC Fund - Location: Mountain View, California, United States - Relevant deals: 1 - Stages: Series B, Series A - Focus: Automotive, Software, Manufacturing BMW i Ventures invests in cutting-edge solutions focusing on BMW’s current and future business in the technology and customer and service space.BMW i Ventures invests in high-performance companies and helps them execute quickly by delivering agile precision—ensuring real-world impact on hardware, software, sustainability across manufacturing,transportation, and services. ## Morningside Hill Capital Management - Type: VC Fund - Location: Sofia, Grad Sofiya, Bulgaria - Relevant deals: 1 - Stages: Seed - Focus: Software, Recruiting, Mobile Apps Private investment partnership ## Denis Gorbunov - Type: Angel - Relevant deals: 1 - Stages: Seed - Focus: Internet, Marketing, E-Commerce Denis Gorbunov ## Maven Capital - Type: VC Fund - Location: Dubai, Dubai, United Arab Emirates - Relevant deals: 1 - Stages: Seed, Pre-Seed - Focus: Blockchain, Gaming, Software We fund, support and advise ambitious cryptocurrency startups from seed to beyond. ## Zoran Arsovski - Type: Angel - Location: Sofia, Grad Sofiya, Bulgaria - Relevant deals: 1 - Stages: Seed, Angel - Focus: SaaS, Internet, Software Zoran and his team focus on Digital Marketing Consulting for B2B growth-stage companies supported by the leading technology VC funds. ## TechOne VC - Type: VC Fund - Location: Istanbul, Istanbul, Turkey - Relevant deals: 1 - Stages: Seed, Pre-Seed - Focus: Software, SaaS, Information Technology TechOne VC is a venture capital firm. It invests in innovative tech startups founded by visionary entrepreneurs solving global problems, to deliver superior returns for our investors. ## Bulgarian Development Bank - Type: VC Fund - Location: Sofia, Grad Sofiya, Bulgaria - Relevant deals: 1 - Stages: Pre-Seed, Debt Financing - Focus: Finance, Software, Health Care Bulgarian Development Bank (BDB) is a financial institution 99.9%-owned by the Bulgarian state. It was established in 1999 as the Encouragement Bank with main focus to support small and medium-sized enterprises. BDB is among the top four Bulgarian banks in terms of credit rating, rated "BBB" with a positive outlook by Fitch Ratings. It isthe only Bulgarian bank to provide direct financing as well as financing via other credit institutions. BDB is the best-positioned local bank to raise funds from international partners. Its subsidiaries are the National Guarantee Fund, which issues guarantees for bank loans to the non-financial sector; the Micro Financing Institution Jobs, which provide financing to SMEs and start-ups; the Capital Investments Fund as well as the BDB Leasing and BDB Factoring. ## MetaCartel Ventures - Type: VC Fund - Relevant deals: 1 - Stages: Seed, Pre-Seed, Series A - Focus: Blockchain, Cryptocurrency, Financial Services they aim to become the creator epicentre of the Web 3 movement,a hunting ground for the earliest of early ventures around decentralized applications and crypto experiments.they fund and support individuals and teams that aim to part-take in the collective effort towards this vision.they are a coordinating body, we are the connectors and fabric ofthe community.they are the infamous el cartel de la meta. ## 3TS Capital Partners - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 1 - Stages: Series A, Seed - Focus: Software, Internet, SaaS 3TS Capital Partners is a European technology focused private equity and venture capital firms. 3TS provides expansion capital and buyout funding for small and medium-sized businesses in growth sectors including technology & internet, media & communications and technology-enabled services. Investors in the current and past 3TS fundstotaling over €300 million include EIF, EBRD, Cisco, OTP, Sitra, 3i and KfW among others.Its team of highly qualified experts become active business partners of the portfolio companies and deliver substantial value added beyond financing. When analyzing new investment opportunities and supporting portfolio companies, the company often augment its core team by its sector partners, various co-investors and other industry experts. 3TS is also an active member of several international industry associations and other organizations like EVCA – European Private Equity & Venture Capital Association, the International Venture Club and the Draper Venture Network. ## Danish Chaudhry - Type: Angel - Location: London, England, United Kingdom - Relevant deals: 1 - Stages: Seed, Pre-Seed, Series A - Focus: Blockchain, Cryptocurrency, Information Technology Startup enthusiast and coffee addict ## Stanimir Vassilev - Type: Angel - Relevant deals: 1 - Stages: Seed - Focus: Farming, FinTech, Payments Stanimir Vassilev is the Co-Founder of Management Financial Group. He attended INSEAD . ## Dalibor Jevtic - Type: Angel - Location: Belgrade, Vojvodina, Serbia - Relevant deals: 1 - Stages: Angel - Focus: Hardware, Child Care, Cloud Computing Dalibor Jevtic ## New Vision 3 - Type: VC Fund - Location: Sofia, Grad Sofiya, Bulgaria - Relevant deals: 1 - Stages: Seed - Focus: Solar, Consulting, Reservations New Vision 3 is an Early-stage Venture Capital fund. ## HR Capital - Type: VC Fund - Location: Sofia, Grad Sofiya, Bulgaria - Relevant deals: 1 - Stages: Seed - Focus: Internet, Marketing, E-Commerce A privately held investment vehicle ## Sofia Angels Ventures - Type: VC Fund - Location: Sofia, Grad Sofiya, Bulgaria - Relevant deals: 1 - Stages: Seed, Pre-Seed - Focus: Artificial Intelligence, Software, Information Technology This is a Page excerpt. It will be displayed for search results ## Dejan Pejcic - Type: Angel - Location: Nis, Vojvodina, Serbia - Relevant deals: 1 - Stages: Angel - Focus: Hardware, Child Care, Cloud Computing Dejan Pejcic ## Neo Gravity - Type: VC Fund - Location: Sofia, Grad Sofiya, Bulgaria - Relevant deals: 1 - Stages: Seed, Pre-Seed - Focus: Pet, Craft Beer, Veterinary Neo Gravity is the 4th successive investment fund of serial entrepreneurs active in Southeast Europe since 2005.Investment strategy is to build increasing stakes in high-end consumer goods & services providers and in personal mobility. Investee companies and targets may be based in SEE but operate on a global scaleRapid digitalization ofthe global economy, convergence of EM economies to Western standards and spread of the pandemic have changed the purchasing behavior of the connected consumer. ## Skynet Trading - Type: VC Fund - Relevant deals: 1 - Stages: Seed, Series A - Focus: Blockchain, Financial Services, Cryptocurrency Skynet Trading is a digital assets trading and investment firm in the crypto capital market. ## Ascensive Assets - Type: VC Fund - Location: Seoul, Seoul-t'ukpyolsi, South Korea - Relevant deals: 1 - Stages: Seed, Series A - Focus: Blockchain, Cryptocurrency, Gaming Ascensive Assets is a seed-stage venture firm that invests in blockchain-enabled companies across the full spectrum of web3. ## Georgi Kremenliev - Type: Angel - Relevant deals: 1 - Stages: Seed - Focus: Analytics, Information Technology, Small and Medium Businesses Georgi Kremenliev - VP Professional and Engineering Services @ Vayant Travel Technologies ## Sevdalina Vassileva - Type: Angel - Location: Sofia, Grad Sofiya, Bulgaria - Relevant deals: 1 - Stages: Angel - Focus: Hardware, Child Care, Cloud Computing Sevdalina Vassileva - Business developer @ EuroPATC # About Shizune Shizune.co is an investor database. Core features: - 48,091 startup investors (angels, VCs, accelerators, and others) - Email, phone, LinkedIn (for intros), socials, and other contact data - Updated daily from public funding news - CSV and Excel export The User can access the full database FOR FREE after signing up: shizune.co