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Top 25 Marketplace Startup Investors in Bulgaria in October 2023

A list of 25 angel investors and VC (Venture Capital) funds that invest in Marketplace startups based in Bulgaria. We rank investors based on the number of investments they made in Marketplace companies from Bulgaria. We update this investor list every month.

Top 25 Marketplace Startup Investors in Bulgaria in October 2023

Investor Marketplace Bulgaria investments
Eleven Ventures 16
LAUNCHub Ventures 16
Speedinvest 3
Hristo Hristov 2
Michael Gutsmann 2
Marco Houwen 2
Mihail Stoychev 2
Georgi Petrov 2
Vitosha Venture Partners 2
SeedBlink 2
Thomas Peruzzi 2
Xavier Buck 2
Impetus Capital 1
Heiko Hubertz 1
European regional development fund (ERDF) 1
SFC Capital 1
Petr Baron 1
Neo Gravity 1
Tim Draper 1
HR Capital 1
Denis Gorbunov 1
BHS Services S.A. 1
Marko Vucinic 1
Zoran Arsovski 1
Strategic Development Fund 1

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Investor list
Eleven Ventures
VC Fund · Sofia, Grad Sofiya, Bulgaria · 10 investments in the past 12 months

We empower local heroes to build global success. Eleven is an early-stage VC investing in technology companies in Southeast Europe.

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Investment focus

  • Software, SaaS, Information Technology
  • Seed, Convertible Note, Pre-Seed
  • Bulgaria, United States, United Kingdom

Portfolio highlights

  • Pluria — Flexible offices in LATAM & Europe: hundreds of coworking spaces and meeting rooms for employees and teams. Hybrid work model for companies.
  • Cupffee — Cupffee creates and sells edible coffee cups and stirrers, manufacturing procedure produces no industrial waste, only clean steam and the delicious aroma of freshly baked cookies. Moreover, all leftover materials from the production of cups are utilized as ingredients for other edible products.
  • FlatAway — FlatAway is an online booking platform for hotels, vacation rentals, and apartments.
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LAUNCHub Ventures
VC Fund · Sofia, Grad Sofiya, Bulgaria · 4 investments in the past 12 months

LAUNCHUB is a leading early-stage venture capital fund focused on investing in startups in South-Eastern (SEE) and Central-Eastern (CEE) Europe.

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Investment focus

  • Software, SaaS, Enterprise Software
  • Seed, Series A, Funding Round
  • Bulgaria, United Kingdom, United States

Portfolio highlights

  • AMPECO — AMPECO enables large-scale EV charging providers to launch and scale their business operations under their own brand. The company offers a white-label and hardware-agnostic EV charging management platform to cover all business cases - public, private, and home charging. Advanced energy management, flexible billing and subscription management,automatic maintenance algorithms, and inter-operator roaming are some of the platform’s key components. With security and scalability at its core, the platform allows large-scale operators like energy companies, oil and gas, fleets, hardware manufacturers and installers to achieve quick go-to-market in a few months with a ready-made platform combined with unmatched flexibility and extensibility via APIs. AMPECO supports more than 110 charging network operators in over 45 markets and has been globally recognized by Frost & Sullivan for its superior technological innovation and strategic development with the 2022 Global Product Leadership Award.
  • Colossyan — We make video creation simply and stressless. AI video technology allow us to crate video in just a few minutes. Ty out here.
  • Kubeark — Kubeark powers scalable, rapid, and compliant SaaSification and software lifecycle management.
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Speedinvest
VC Fund · Vienna, Wien, Austria · 53 investments in the past 12 months

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.

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Investment focus

  • Software, FinTech, Financial Services
  • Seed, Series A, Pre-Seed
  • Germany, United Kingdom, Austria

Portfolio highlights

  • autone — Autone is a SaaS operational platform enabling retail & CPG businesses to make optimal decisions easily and quickly
  • Genie — Genie is a productive web development framework in Julia. Build web applications, UIs, backends, integrate with databases, set up web services and APIs.
  • Purpose Green — Purpose Green operates as a climatetech company.
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Hristo Hristov
Angel · Sofia, Grad Sofiya, Bulgaria

Hristo Hristov - Chief Executive Officer @ DarikNews.bg

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Investment focus

  • E-Commerce, Software, Advertising
  • Seed, Pre-Seed, Angel
  • Bulgaria, Ireland, Romania

Portfolio highlights

  • ONDO Smart Farming Solutions — Precise drip irrigation management and control, precise plant nutrition and climate control for various crops - ONDO Smart Farming solutions.
  • Releva.ai — AI powered marketing automation for eCommerce Releva enables real-time revenue management with empathetic automated brand communication.
  • Biodit Global Technology JSC — BIODIT Hotel Management System is a solution that makes the management of each hotel more efficient, gives more comfort and tranquility.
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Michael Gutsmann
Angel

Michael Gutsmann is a CFO at Bigpoint.

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Investment focus

  • Farming, Livestock, Agriculture
  • Seed, Convertible Note
  • Bulgaria

Portfolio highlights

  • Farmia — Farmia is online livestock marketplace that helps farmers to offer their animals to a wider circle of potential buyers and to do that in best moment to achieve maximum profit and provide buyers faster cheaper and easier way to find appropriate animals for their needs.Farmia is the fastest growing livestock marketplace in the world. We are No.1online livestock marketplace in the world with operations in US, Germany, Serbia, Croatia, Bosnia, Montenegro and Macedonia. Our user base count more than 80.000 farmers who actively trade through our platform. Up to now we sold more than 200.000 animals through 15000+ transactions which value is more than 25M+ Euro.
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Marco Houwen
Angel

Marco Houwen, together with his partners LuxConnect and Datacenter Luxembourg, founded LuxCloud S.A. in April 2010.This partnership sets out to attract international SME and SMI, out of the field of Software development, to the Grand Duchy. LuxCloud will put Luxembourg firmly on the International Internet map and deliver services to SMB’s allover Europe.In 2000, Marco, in association with Xavier Buck, founded DCL Group, a leading Internet and e-commerce company, now recognized as one of the biggest Internet success stories in Luxembourg. Companies in the Group include Datacenter Luxembourg, LuxCloud, EuroDNS, e-Brand Services and voipGATE, to name but a few.Passionate about the promotion of Luxembourg, Marco is co-founder and President of LU-CIX A.s.b.l. and as such, contributes actively on the promotion of the Luxembourgish e-commerce hub.In addition to his role as LuxCloud CEO, Marco is CEO of Datacenter Luxembourg and a board member of the DCL Group.

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Investment focus

  • Farming, Livestock, Agriculture
  • Seed, Convertible Note
  • Bulgaria

Portfolio highlights

  • Farmia — Farmia is online livestock marketplace that helps farmers to offer their animals to a wider circle of potential buyers and to do that in best moment to achieve maximum profit and provide buyers faster cheaper and easier way to find appropriate animals for their needs.Farmia is the fastest growing livestock marketplace in the world. We are No.1online livestock marketplace in the world with operations in US, Germany, Serbia, Croatia, Bosnia, Montenegro and Macedonia. Our user base count more than 80.000 farmers who actively trade through our platform. Up to now we sold more than 200.000 animals through 15000+ transactions which value is more than 25M+ Euro.
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Mihail Stoychev
Angel

Mihail Stoychev - Founder and CEO @ SMSBump

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Investment focus

  • SaaS, Apps, Shipping
  • Seed, Angel, Pre-Seed
  • Bulgaria

Portfolio highlights

  • Rush — Automated, State-Of-The-Art Shipment Tracking For Shopify eCommerce Businesses. The all-in-one post-purchase solution that turns one-time buyers into enthusiastic, life-long paying customers. Find out more!
  • icanpreneur — The first Accelerator-as-a-Software that guides tech entrepreneurs from idea to product/market fit without relying on luck
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Georgi Petrov
Angel

Georgi Petrov is a Chief Executive Officer and Founder at SMSBump.

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Investment focus

  • SaaS, Apps, Shipping
  • Seed, Angel, Pre-Seed
  • Bulgaria

Portfolio highlights

  • Rush — Automated, State-Of-The-Art Shipment Tracking For Shopify eCommerce Businesses. The all-in-one post-purchase solution that turns one-time buyers into enthusiastic, life-long paying customers. Find out more!
  • icanpreneur — The first Accelerator-as-a-Software that guides tech entrepreneurs from idea to product/market fit without relying on luck
Show more investments...

Vitosha Venture Partners
VC Fund · Sofia, Grad Sofiya, Bulgaria · 14 investments in the past 12 months

Vitosha is a EUR 26m early-stage VC fund investing in innovative businesses in Bulgaria

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Investment focus

  • Software, Marketplace, Apps
  • Seed, Pre-Seed, Funding Round
  • Bulgaria, United States, France

Portfolio highlights

  • Vodoraslo — Vodoraslo believes that everyone deserves better air quality, so by mixing innovation, design, and nature, we can create multiple positive impact solutions.
  • AIOT Cloud — Enabling businesses to be energy efficient while optimizing costs
  • Fabrico SaaS — Fabrico is a cloud-based CMMS, which manages all the maintenance processes in a production plant by integrating end-to-end maintenance strategies in a lean way. | Fabrico.io
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Thomas Peruzzi
Angel · Hamburg, Hamburg, Germany

Thomas Peruzzi - CTO @ Virtual Minds

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Investment focus

  • Farming, Livestock, Agriculture
  • Seed, Convertible Note
  • Bulgaria

Portfolio highlights

  • Farmia — Farmia is online livestock marketplace that helps farmers to offer their animals to a wider circle of potential buyers and to do that in best moment to achieve maximum profit and provide buyers faster cheaper and easier way to find appropriate animals for their needs.Farmia is the fastest growing livestock marketplace in the world. We are No.1online livestock marketplace in the world with operations in US, Germany, Serbia, Croatia, Bosnia, Montenegro and Macedonia. Our user base count more than 80.000 farmers who actively trade through our platform. Up to now we sold more than 200.000 animals through 15000+ transactions which value is more than 25M+ Euro.
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Xavier Buck
Angel

Xavier has been an Internet entrepreneur since 1996. After co-founding several ventures like Datecenter Luxembourg, EuroDNS, eBrandServices and DomainInvest, Xavier's current role consists in deploying the group's international activities with a special focus on the domain name industry, internet traffic and traffic monetization. Xavierholds chairman positions in his formerly founded ventures and is director of a series of companies including DomainTools.com, eBrandServices, OpenRegistry and LeftoftheDot.

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Investment focus

  • SaaS, Farming, Software
  • Seed, Angel, Convertible Note
  • Bulgaria, Luxembourg

Portfolio highlights

  • Farmia — Farmia is online livestock marketplace that helps farmers to offer their animals to a wider circle of potential buyers and to do that in best moment to achieve maximum profit and provide buyers faster cheaper and easier way to find appropriate animals for their needs.Farmia is the fastest growing livestock marketplace in the world. We are No.1online livestock marketplace in the world with operations in US, Germany, Serbia, Croatia, Bosnia, Montenegro and Macedonia. Our user base count more than 80.000 farmers who actively trade through our platform. Up to now we sold more than 200.000 animals through 15000+ transactions which value is more than 25M+ Euro.
  • SponsorMyEvent
  • EmailTree AI — Our platform empowers organizations to automate workflows in IT, HR, and customer support from day one, achieving seamless scalability.
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Impetus Capital
VC Fund · Sofia, Grad Sofiya, Bulgaria · 3 investments in the past 12 months

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.

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Investment focus

  • Software, Information Technology, Life Science
  • Funding Round, Seed, Convertible Note
  • Bulgaria, Germany, United States

Portfolio highlights

  • Tapline — Tapline turns your SaaS recurring revenues into fast, transparent and non dilutive growth capital.
  • Re:benefit — Re:Benefit pioneers in the market of benefits management platforms in Bulgaria and is among the most flexible and innovative solutions of its kind.
  • Hydrogenera — Hydrogenera specializes in the development of hydrogen technologies.
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Heiko Hubertz
Angel · Hamburg, Hamburg, Germany

Heiko Hubertz - Founder & CEO @ Oxolo

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Investment focus

  • E-Commerce, Information Technology, Digital Media
  • Seed, Series A, Funding Round
  • Germany, Bulgaria, Portugal

Portfolio highlights

  • CASAFARI — The best-kept secret in property data for professionals across Europe. Access millions of properties, precise market analysis and leads.
  • i2x — For teams - Improve your communication skills on the phone with the i2x app, a communication trainer for Android and the web. i2x makes sure your calls are clear, on-brand and effective - through instant and personalized feedback.
  • GameInfluencer — Work with the leading influencer marketing agency for games! We help publishers and developers engage and activate audiences worldwide.
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European regional development fund (ERDF)
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 8 investments in the past 12 months

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.

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Investment focus

  • Software, Information Technology, Artificial Intelligence
  • Grant, Funding Round, Pre-Seed
  • United Kingdom, Germany, France

Portfolio highlights

  • Hilo EV — Hilo EV uses AI to scan its surroundings for hazards such as pedestrians and vehicles, and actively applies a number of functions to warn of the danger.
  • Crespect — Achieve harmony in legal practice
  • ProTec Group — ProTec Group operates as a specialist prototype to production part supplier. ProTec Group provide a completely integrated design-to-production service from 1off CNC machined, fabricated or 3D printed to Low volume prototype & production manufacturing techniques.
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SFC Capital
VC Fund · London, England, United Kingdom · 24 investments in the past 12 months

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).

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Investment focus

  • Software, Information Technology, Artificial Intelligence
  • Pre-Seed, Seed, Funding Round
  • United Kingdom, United States, Canada

Portfolio highlights

  • Odore — Our platform enables the world's leading brands to sample their products more effectively.
  • Decently — Decently provides the world a better place by developing advanced digital products. Decently mission is to improve lives through innovative digital product.
  • TrainThis.AI — TrainThis.AI revolutionizes the way you manage and coach your team. Say goodbye to wasting hours on call reviews and email reading just to provide feedback on a fraction of the work. The company's real-time feedback system empowers your reps to receive continuous input on their work, eliminating poor-quality outcomes and maximizing thebenefits of ongoing feedback.
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Petr Baron
Angel · London, England, United Kingdom · 1 investment in the past 12 months

Petr Baron CEO TBI Financial Services

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Investment focus

  • FinTech, Internet, Marketing
  • Seed
  • Bulgaria, Ukraine

Portfolio highlights

  • Finmap — Finmap is financial management tool that allows business owners to see the state of their company without special knowledge of finance and studying of complex systems. By using 3 simple buttons - income, outcome and transfer - all analytics appears in a few clicks at a glance: how much the company earned, which projects more profitable, astatement of cash flows, accounts receivable and payable of the company. Finmap makes it possible to see the business situation on one sheet, removes chaos in financial management and gives the business owner the opportunity to make the right decisions
  • Swipe.bg — Swipe.bg is the first Bulgarian platform for buying and selling second-hand mobile phones.
  • Releva.ai — AI powered marketing automation for eCommerce Releva enables real-time revenue management with empathetic automated brand communication.
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Neo Gravity
VC Fund · Sofia, Grad Sofiya, Bulgaria

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.

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Investment focus

  • Pet, Craft Beer, Veterinary
  • Seed, Pre-Seed, Funding Round
  • Bulgaria

Portfolio highlights

  • DoggoCollar — DoggoCollar is a smart dog collar that tracks dogs’ location, activity, temperature and health.
  • Share a Scoot — Season 2023 is now OPEN! The urban shared mobility service "SHAREASCCOOT" is now available. Have fun and drive carefully. !DO NOT PARK ON THE SIDEWALK! PARKING ON THE SIDEWALK IS STRICTLY FORBIDEN!
  • Cheese the Queen — CHEESE THE QUEEN'S VISION IS TO BE THE NUMBER ONE CHOICE OF CONSCIOUS CONSUMERS IN SEARCH OF THE DELIGHT OF A HEALTHY AND TASTY PALATE. IN PURSUIT OF OUR VISION, WE ARE DEDICATED TO CREATE A SIGNATORY PRODUCT LINE THAT OFFERS INSPIRATIONAL AND NUTRITION-RICH TASTE EXPERIENCE. OUR COMMITMENT TO THE OVERALL WELLNESS OF THE EARTH AND ALL OF ITSINHABITANTS IS MANIFESTED IN OUR CHOOSING OF PLANT-BASEDFOOD TO CREATE OUR PORTFOLIO; ALONG WITH OUR WAYS OF PRODUCTION CENTERED AROUND RESPONSIBILITY AND EFFICIENCY, AND OUR SOURCING AROUND SUSTAINABILITY.
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Tim Draper
Angel · San Francisco, California, United States · 18 investments in the past 12 months

Tim Draper is the Founder of Draper Associates. He was a Member of the Advisory Board at Mode Media. He attended Harvard Business School.

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Investment focus

  • Software, FinTech, Mobile
  • Seed, Series A, Series B
  • United States, United Kingdom, Canada

Portfolio highlights

  • EtherMail — EtherMail is the Web 3.0 Email Solution setting the standard for anonymous and encrypted wallet-to-wallet communication.
  • Arkam Intelligence — See intelligence on the addresses, entities, individuals, and assets most important to you.
  • SignalRank Corporation — SignalRank Corporation is a FinTech company in the Venture space. It focuses on the seed stage asset class and uses data analytics to allocate capital to the best seed fund managers for their top performing companies. GPRank and CompanyRank are two proprietary algorithms it leverages to automate capital allocation. The company invests from balancesheet. Its customers are seed stage investors with outstanding companies in their portfolio.
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HR Capital
VC Fund · Sofia, Grad Sofiya, Bulgaria

A privately held investment vehicle

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Investment focus

  • Internet, Marketing, E-Commerce
  • Seed
  • Bulgaria

Portfolio highlights

  • Releva.ai — AI powered marketing automation for eCommerce Releva enables real-time revenue management with empathetic automated brand communication.
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Denis Gorbunov
Angel · 1 investment in the past 12 months

Denis Gorbunov

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Investment focus

  • Internet, Marketing, E-Commerce
  • Seed
  • Bulgaria

Portfolio highlights

  • Swipe.bg — Swipe.bg is the first Bulgarian platform for buying and selling second-hand mobile phones.
  • Releva.ai — AI powered marketing automation for eCommerce Releva enables real-time revenue management with empathetic automated brand communication.
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BHS Services S.A.
VC Fund

MAQIT is a RegTech firm: we assist you on AML/KYC compliance, CSSF Luxembourg regulations, and European sustainability projects. Learn more about us!

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Investment focus

  • Farming, Livestock, Agriculture
  • Seed
  • Bulgaria

Portfolio highlights

  • Farmia — Farmia is online livestock marketplace that helps farmers to offer their animals to a wider circle of potential buyers and to do that in best moment to achieve maximum profit and provide buyers faster cheaper and easier way to find appropriate animals for their needs.Farmia is the fastest growing livestock marketplace in the world. We are No.1online livestock marketplace in the world with operations in US, Germany, Serbia, Croatia, Bosnia, Montenegro and Macedonia. Our user base count more than 80.000 farmers who actively trade through our platform. Up to now we sold more than 200.000 animals through 15000+ transactions which value is more than 25M+ Euro.
Show more investments...

Marko Vucinic
Angel

Marko Vucinic

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Investment focus

  • Farming, Livestock, Agriculture
  • Seed
  • Bulgaria

Portfolio highlights

  • Farmia — Farmia is online livestock marketplace that helps farmers to offer their animals to a wider circle of potential buyers and to do that in best moment to achieve maximum profit and provide buyers faster cheaper and easier way to find appropriate animals for their needs.Farmia is the fastest growing livestock marketplace in the world. We are No.1online livestock marketplace in the world with operations in US, Germany, Serbia, Croatia, Bosnia, Montenegro and Macedonia. Our user base count more than 80.000 farmers who actively trade through our platform. Up to now we sold more than 200.000 animals through 15000+ transactions which value is more than 25M+ Euro.
Show more investments...

Zoran Arsovski
Angel · Sofia, Grad Sofiya, Bulgaria

Zoran and his team focus on Digital Marketing Consulting for B2B growth-stage companies supported by the leading technology VC funds.

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Investment focus

  • SaaS, Internet, Software
  • Seed, Angel
  • Bulgaria

Portfolio highlights

  • Releva.ai — AI powered marketing automation for eCommerce Releva enables real-time revenue management with empathetic automated brand communication.
  • icanpreneur — The first Accelerator-as-a-Software that guides tech entrepreneurs from idea to product/market fit without relying on luck
Show more investments...

Strategic Development Fund
VC Fund · Abu Dhabi, Abu Dhabi, United Arab Emirates · 3 investments in the past 12 months

Strategic Development Fund focus on financial return and economic impact within UAE’s strategic sectors, through equity investment in local and international partnerships and developmental funding towards UAE’s private sector.

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Investment focus

  • Aerospace, Drones, Sensor
  • Funding Round, Seed, Series A
  • Israel, Bulgaria, United Kingdom

Portfolio highlights

  • DRONAMICS — Dronamics offers an all-in-one solution for the middle-mile powered by our Black Swan cargo drone, a network of droneports, and fully mobile control and cargo systems.
  • Regent — We build all-electric, passenger-carrying, wing-in-ground-effect vehicles to service coastal routes with technology available today.
  • Cranfield Aerospace — Cranfield Aerospace Solutions is where Innovation takes off. Recognised as the leader in cutting-edge, green aviation technology.
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