# Top 50 Startup Investors in Bulgaria in May 2026

| Investor | Relevant Deals | Geography | Stage | Focus |
| --- | --- | --- | --- | --- |
| Eleven Ventures | 76 | Bulgaria, United States, United Kingdom | Seed, Convertible Note, Pre-Seed | Software, SaaS, Information Technology |
| LAUNCHub Ventures | 36 | Bulgaria, United Kingdom, United States | Seed, Series A | Software, SaaS, Enterprise Software |
| Vitosha Venture Partners | 16 | Bulgaria, United States, France | Seed, Pre-Seed | Software, Marketplace, Apps |
| Impetus Capital | 11 | Bulgaria, Germany, United States | Seed, Convertible Note | Software, Information Technology, Life Science |
| Hristo Hristov | 7 | Bulgaria, Ireland, Romania | Seed, Pre-Seed, Angel | E-Commerce, Software, Advertising |
| Neo Gravity | 4 | Bulgaria | Seed, Pre-Seed | Pet, Craft Beer, Veterinary |
| BrightCap Ventures | 4 | Bulgaria, United States, France | Seed, Pre-Seed | Software, Health Care, SaaS |
| Speedinvest | 4 | Germany, United Kingdom, Austria | Seed, Series A, Pre-Seed | Software, FinTech, Financial Services |
| Georgi Petrov | 3 | Bulgaria | Seed, Angel, Pre-Seed | SaaS, Apps, Shipping |
| Daniel Tomov | 3 | Bulgaria, United Kingdom, Malta | Seed, Pre-Seed, Series B | Software, FinTech, Small and Medium Businesses |
| Mihail Stoychev | 3 | Bulgaria | Seed, Angel, Pre-Seed | SaaS, Apps, Shipping |
| North Base Media | 3 | United States, India, United Kingdom | Seed, Series A, Series B | Digital Media, Advertising, Publishing |
| New Vision 3 | 3 | Bulgaria, Macedonia | Seed | Solar, Consulting, Reservations |
| Michael Gutsmann | 2 | Bulgaria | Seed, Convertible Note | Farming, Livestock, Agriculture |
| SeedBlink | 2 | Romania, United States, United Kingdom | Seed, Pre-Seed, Series A | Software, Information Technology, SaaS |
| Petr Baron | 2 | Bulgaria, Ukraine | Seed | FinTech, Internet, Marketing |
| Svetozar Georgiev | 2 | United Kingdom, Bulgaria | Seed, Pre-Seed, Angel | SaaS, FinTech, Software |
| Valeri Petrov | 2 | Germany, Bulgaria | Seed, Angel | B2B, SaaS, Sports |
| Bulgarian Development Bank | 2 | Bulgaria | Pre-Seed, Debt Financing | Finance, Software, Health Care |
| Neo Ventures | 2 | Israel, United Kingdom, Estonia | Seed, Series A | Software, Artificial Intelligence, Aerospace |
| Bogomil Balkansky | 2 | United States, Bulgaria, Israel | Seed, Series A, Series B | Software, SaaS, Enterprise Software |
| South Central Ventures | 2 | Serbia, United Kingdom, United States | Seed, Series A, Pre-Seed | Software, SaaS, Artificial Intelligence |
| European Investment Bank | 2 | France, Germany, Ireland | Debt Financing, Post-IPO Debt | Biotechnology, Health Care, Software |
| Marco Houwen | 2 | Bulgaria | Seed, Convertible Note | Farming, Livestock, Agriculture |
| Skynet Trading | 2 | United States, Singapore, Bulgaria | Seed, Series A | Blockchain, Financial Services, Cryptocurrency |
| Xavier Buck | 2 | Bulgaria, Luxembourg | Seed, Angel, Convertible Note | SaaS, Farming, Software |
| Zoran Arsovski | 2 | Bulgaria | Seed, Angel | SaaS, Internet, Software |
| Ivaylo Simov | 2 | Bulgaria, Greece, Slovenia | Seed, Pre-Seed | Big Data, Coffee, B2B |
| Denis Gorbunov | 2 | Bulgaria | Seed | Internet, Marketing, E-Commerce |
| Openfund | 2 | Greece, United Kingdom, United States | Seed, Series A, Pre-Seed | Software, Travel, E-Commerce |
| NEVEQ | 2 | Bulgaria, Argentina | Seed, Series A | SaaS, Mobile, Analytics |
| Freigeist Capital | 2 | Germany, Bulgaria, Portugal | Seed, Series A | Software, Food and Beverage, Transportation |
| Thomas Peruzzi | 2 | Bulgaria | Seed, Convertible Note | Farming, Livestock, Agriculture |
| Selahattin Zoralioğl | 1 | Turkey, Bulgaria | Seed | Computer, Software, Web Apps |
| Georgi Brashnarov | 1 | Bulgaria | Seed |  |
| Danish Chaudhry | 1 | United States, India, Canada | Seed, Pre-Seed, Series A | Blockchain, Cryptocurrency, Information Technology |
| Yordan Trifonov | 1 | Bulgaria | Pre-Seed | Food Processing, Food and Beverage |
| Martin Markov | 1 | Bulgaria | Seed |  |
| Karoll | 1 | Bulgaria |  | Energy, GreenTech |
| Pressian Karakostov | 1 | Bulgaria | Seed |  |
| Integral Venture Partners | 1 | Bulgaria | Series A |  |
| Stanimir Vassilev | 1 | Bulgaria, United Kingdom | Seed | Farming, FinTech, Payments |
| Ralitsa Ivanova | 1 | Bulgaria | Seed |  |
| TechOne VC | 1 | Turkey, United States, Estonia | Seed, Pre-Seed | Software, SaaS, Information Technology |
| Nina Capital | 1 | United States, United Kingdom, Austria | Seed, Pre-Seed, Series A | Health Care, Artificial Intelligence, Medical |
| Calm/Storm Ventures | 1 | United Kingdom, Germany, Austria | Seed, Pre-Seed, Series A | Health Care, Wellness, Medical |
| Tim Draper | 1 | United States, United Kingdom, Canada | Seed, Series A, Series B | Software, FinTech, Mobile |
| Heslin Kim | 1 | Estonia, Bulgaria, Singapore | Seed | Cryptocurrency, Gaming, FinTech |
| European regional development fund (ERDF) | 1 | United Kingdom, Germany, France | Grant, Pre-Seed | Software, Information Technology, Artificial Intelligence |
| Wingman Campus Fund | 1 | Switzerland, Bulgaria | Pre-Seed, Seed | Information Technology, Artificial Intelligence, Analytics |

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