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Top 50 Software Startup Investors in Bulgaria in October 2023

A list of 50 angel investors and VC (Venture Capital) funds that invest in Software startups based in Bulgaria. We rank investors based on the number of investments they made in Software companies from Bulgaria. We update this investor list every month.

Top 50 Software Startup Investors in Bulgaria in October 2023

Investor Software Bulgaria investments
Eleven Ventures 30
LAUNCHub Ventures 17
Vitosha Venture Partners 6
BrightCap Ventures 4
Hristo Hristov 4
Georgi Petrov 3
Mihail Stoychev 3
North Base Media 3
Openfund 2
South Central Ventures 2
NEVEQ 2
Impetus Capital 2
Svetozar Georgiev 1
3TS Capital Partners 1
Dalibor Jevtic 1
Miodrag Stankovic 1
ZBS CAPITAL 1
Varys Capital 1
METRIX Capital Group 1
Sevdalina Vassileva 1
Marshland Group 1
Skynet Trading 1
Peech Capital 1
Magnus Capital 1
Georgi Atanasov 1
Dejan Pejcic 1
AU21 Capital 1
NewTribe Capital 1
Nedelcho Spasov 1
Lucid Blue Ventures 1
Pleiade Venture 1
PostScriptum Ventures 1
Emil Tabakov 1
Bogomil Balkansky 1
Zoran Arsovski 1
European Investment Bank 1
Selahattin Zoralioğl 1
Moonrock Capital 1
Faris Sweis 1
TechOne VC 1
Wingman Campus Fund 1
Cavalry Ventures 1
Tim Draper 1
Stanimir Vassilev 1
Morningside Hill Capital Management 1
Bulgarian Development Bank 1
RR² CAPITAL 1
BMW i Ventures 1
European regional development fund (ERDF) 1
Maven Capital Partners 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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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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BrightCap Ventures
VC Fund · Amsterdam, Noord-Holland, The Netherlands

We invest in early-stage tech startups with roots in Southeast Europe, working on defensible technology and a clear strategy for entering affluent markets.

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Investment focus

  • Software, Health Care, SaaS
  • Seed, Pre-Seed, Funding Round
  • Bulgaria, United States, France

Portfolio highlights

  • CoLumbo — CoLumbo helps radiologists work efficiently with MRI and achieve consistent, high-quality results. Our award-winning algorithm aids pathology detection, eliminates human biases and saves critical time in generating MRI reports.
  • Apricity — APRICITY is the world's first virtual fertility clinic. It aims at disrupting the fertility treatment experience and at improving chances for women and couples who have difficulties to conceive using data and Artificial Intelligence. The project is led by prominent entrepreneurs, medical practitioners, committed executives and data scientistswith a proven track record.
  • Kardi AI — With Kardi AI, we aim to offer medical grade cardiac home monitoring for a low cost by utilizing AI to achieve EKG level performance from a low-cost wearable that is available to the patient any time they need it. The Kardi AI kit is available from your cardiologist and contains all you'll need to have at home, cardiac monitoring whenever youneed. Kardi AI's artificial neural network will monitor and diagnose your heart every day, letting you know if you should contact your doctor or go to the emergency room.
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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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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
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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
Show more investments...

North Base Media
VC Fund · Singapore, Central Region, Singapore · 1 investment in the past 12 months

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.

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Investment focus

  • Digital Media, Advertising, Publishing
  • Seed, Series A, Series B
  • United States, India, United Kingdom

Portfolio highlights

  • Spectrm — Streamline your marketing funnel with Spectrm conversational marketing. The leading end-to-end chatbot platform for growth teams and enterprise.
  • Vietcetera Media — Vietcetera Media - Understanding Vietnam
  • Kaleidoscope — Kaleidoscope Content, bringing vivid stories from around the globe. Listen in color!
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Openfund
VC Fund · Athens, Attiki, Greece

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.

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Investment focus

  • Software, Travel, E-Commerce
  • Seed, Series A, Pre-Seed
  • Greece, United Kingdom, United States

Portfolio highlights

  • Goodvidio — Goodvidio is a software service that turns the power of product videos into a conversion optimization tool. It helps ecommerce stores optimize their product pages for conversions by adding curated product videos from social media, to engage shoppers and drive purchases.
  • 100mentors — Your people empowered by GenAI. Ask better questions. Build better prompts.
  • Welcome Pickups — Book a trusted local driver to pick you up and introduce you to your next destination, pre-order travel essentials.
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South Central Ventures
VC Fund · Belgrade, Vojvodina, Serbia · 2 investments in the past 12 months

South Central Ventures is dedicated to investments in startups, small and medium globally oriented technology companies in SE Europe.

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Investment focus

  • Software, SaaS, Artificial Intelligence
  • Seed, Series A, Pre-Seed
  • Serbia, United Kingdom, United States

Portfolio highlights

  • AdScanner — AdScanner made its mission to empower data-driven TV advertising to increase effectiveness, transparency, speed, reduce manual, complicated, delayed reports and also to make TV more interconnected and comparable with digital channels. Our approach is to combine proprietary technologies and data.
  • Pixyle.ai — Pixyle.ai’s image recognition software detects fashion items in images. It's accurate and integrates seamlessly with any tech stack.The company help fashion retailers deliver visual AI solutions that allow shoppers to visually search for products and get relevant similar product recommendations on their e-commerce platforms, improving bothcustomer engagement and conversion rates. Their automatic tagging and business intelligence solutions enable retailers to save time, reduce costs, and make smarter decisions.
  • Mily Technologies — Mily Tech is a delivery analytics platform tailored for last-mile deliveries. It collects your data and gives it spatial context to help you quickly understand when, where and what happens on the field.
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NEVEQ
VC Fund · Sofia, Grad Sofiya, Bulgaria

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.

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Investment focus

  • SaaS, Mobile, Analytics
  • Seed, Series A
  • Bulgaria, Argentina

Portfolio highlights

  • Properati — Properati is an online and mobile property platform for the real estate market. The company offers buyers, users, agile, free of ads, banners website, and tenants or real estate investors with a quick, designed for them to be able to communicate effectively with the offeror who has what they are looking for.Properati has an office in Sao Paulo,Brazil, and was founded in 2012 and is headquartered in Buenos Aires, Distrito Federal, Argentina.
  • Content Insights — Helping online publishers evaluate, benchmark and rank content and authors' performance across platforms and languages
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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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Svetozar Georgiev
Angel · Sofia, Grad Sofiya, Bulgaria

Svetozar has been instrumental in establishing the Telerik brand and growing the Marketing and Financial organizations within the company. As a seasoned marketing executive, he has invented some of Telerik’s most successful marketing campaigns and has led to fruition many innovative ideas in the field of digital marketing. His profound expertise inthe areas of product positioning, marketing research and communications has helped Telerik become one of the most recognized brands in the space of .NET developer tools.Svetozar previously held management positions at Lowe Lintas, as well as several IT companies. He holds Bachelor’s Degrees in Business Administration and Journalism from the American University in Bulgaria.

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Investment focus

  • SaaS, FinTech, Software
  • Seed, Pre-Seed, Angel
  • United Kingdom, Bulgaria

Portfolio highlights

  • Payhawk — Save time and money, manage spend, and scale your business with Payhawk. Get premium Visa Cards, dedicated IBANs, SEPA, and Faster Payments, all in one place.
  • Reloyalty — Get rewarded automatically for staying loyal to local businesses in London
  • 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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3TS Capital Partners
VC Fund · Helsinki, Southern Finland, Finland · 1 investment in the past 12 months

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.

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Investment focus

  • Software, Internet, SaaS
  • Funding Round, Series A, Seed
  • United States, Romania, Poland

Portfolio highlights

  • Autenti — Autenti is a platform for document authorization and contracting via the Internet. It facilitates the signing of many papers and accelerates the working mode in companies.
  • Spectrm — Streamline your marketing funnel with Spectrm conversational marketing. The leading end-to-end chatbot platform for growth teams and enterprise.
  • ShiftMed — ShiftMed offers a uniquely efficient and user-friendly approach to on-demand staffing for the healthcare industry with 90%+ show rates.
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Dalibor Jevtic
Angel · Belgrade, Vojvodina, Serbia

Dalibor Jevtic

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Investment focus

  • Hardware, Child Care, Cloud Computing
  • Angel
  • Bulgaria

Portfolio highlights

  • EuroPATC — EuroPATC is a new startup company established in June 2015. Their mission is to help parents and guardians of children (people) with autism to overcome one of their biggest fears - a fear of a lost child - a fear that their loved one is left without the necessary help in times when it is crucial. Their product is a tracking device that integratesadvanced cutting-edge technology with only one purpose, uncompromisingly child safety. The device has been designed in the form of wearable. The service that we provide to users will be one-of-its-kind, carefully designed for children (people) with autism. Their vision, like our mission, is to bring reliable solution and to help parents to OUTRUN THEIR WORST FEAR!
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Miodrag Stankovic
Angel · Nis, Vojvodina, Serbia

Miodrag Stankovic

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Investment focus

  • Hardware, Child Care, Cloud Computing
  • Angel
  • Bulgaria

Portfolio highlights

  • EuroPATC — EuroPATC is a new startup company established in June 2015. Their mission is to help parents and guardians of children (people) with autism to overcome one of their biggest fears - a fear of a lost child - a fear that their loved one is left without the necessary help in times when it is crucial. Their product is a tracking device that integratesadvanced cutting-edge technology with only one purpose, uncompromisingly child safety. The device has been designed in the form of wearable. The service that we provide to users will be one-of-its-kind, carefully designed for children (people) with autism. Their vision, like our mission, is to bring reliable solution and to help parents to OUTRUN THEIR WORST FEAR!
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ZBS CAPITAL
VC Fund

ZBS Capital - distinguished crypto venture fund, backed by major media resources including CryptoDiffer.

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Investment focus

  • Blockchain, Cryptocurrency, Financial Services
  • Seed, Funding Round, Initial Coin Offering
  • United States, Singapore, India

Portfolio highlights

  • Itheum — As we enter the web3 and metaverse era; Itheum unlocks data silos and generates new value for your data.
  • MeMusic — MeMusic is a blockchain NFT music service platform that uses blockchain technology to provide users with a music ecosystem experience.
  • The Unfettered — The Unfettered is a blockchain PC game.
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Varys Capital
VC Fund · New York, New York, United States

Varys Capital is a total return fund providing secure access to the digital asset class through its dual approach to investment returns in venture capital.

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Investment focus

  • FinTech, Blockchain, Cryptocurrency
  • Seed, Initial Coin Offering
  • Spain, Panama, Bulgaria

Portfolio highlights

  • Brickken — Get ahead in the token game with Brickken. Our tools and experts will guide you through the process of creating, selling and managing tokens.
  • Cherry — Hypermedia Hyperdrive. Decentralized file storage, smarter
  • FWX — The next financial system with no intermediary and no trust worthy person.
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METRIX Capital Group
VC Fund · Anaheim, California, United States

METRIX Capital Group was founded in 2011

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Investment focus

  • Gaming, FinTech, Internet
  • Seed, Pre-Seed, Funding Round
  • Spain, Bulgaria, United States

Portfolio highlights

  • GoFungibles — GoFungibles is a cross-chain state-of-the-art NFT marketplace equipped with all the existing features of conventional NFT marketplaces but augmented with DeFi and gamified components.
  • Champion Games — We transform entertainment by creating innovative games for fans around the world. Crafted by technology, innovation & passion
  • Legends of Mitra — Legends of Mitra is a strategy game centered around defense, skills and strategy. Defend your Kingdom, defeat Horde and earn massive rewards.
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Sevdalina Vassileva
Angel · Sofia, Grad Sofiya, Bulgaria

Sevdalina Vassileva - Business developer @ EuroPATC

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Investment focus

  • Hardware, Child Care, Cloud Computing
  • Angel
  • Bulgaria

Portfolio highlights

  • EuroPATC — EuroPATC is a new startup company established in June 2015. Their mission is to help parents and guardians of children (people) with autism to overcome one of their biggest fears - a fear of a lost child - a fear that their loved one is left without the necessary help in times when it is crucial. Their product is a tracking device that integratesadvanced cutting-edge technology with only one purpose, uncompromisingly child safety. The device has been designed in the form of wearable. The service that we provide to users will be one-of-its-kind, carefully designed for children (people) with autism. Their vision, like our mission, is to bring reliable solution and to help parents to OUTRUN THEIR WORST FEAR!
Show more investments...

Marshland Group
VC Fund · Castries, Castries, Saint Lucia

Marshland Group is a venture capital firm focused on early-stage companies with dynamic teams and disruptive ideas.

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Investment focus

  • Cryptocurrency, Blockchain, Information Technology
  • Seed, Funding Round
  • United Kingdom, Bulgaria, United States

Portfolio highlights

  • Vmates — Vmates is a social Meta-verse game based on virtual pets developed by NFT.
  • Credefi — Credefi connects crypto lenders with SME borrowers from the fiat economy.
  • MetaMundo — MetaMundo is the destination for collecting unique 3D avatars ready to use across games, VR/AR, social media and the metaverse.
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Skynet Trading
VC Fund · 2 investments in the past 12 months

Skynet Trading is a digital assets trading and investment firm in the crypto capital market.

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Investment focus

  • Blockchain, Financial Services, Cryptocurrency
  • Seed, Funding Round, Series A
  • United States, Singapore, Bulgaria

Portfolio highlights

  • Veax — The Future of Decentralized Trading powered by Near blockchain.
  • Optix — Optix is ​​a multi-chain option protocol service provider.
  • Blocklords — Be part of the most ambitious strategy game of our age.
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Peech Capital
VC Fund · Amsterdam, Noord-Holland, The Netherlands

Peech Capital is a digital asset fund that specialises in decentralised finance and blockchain startups.

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Investment focus

  • Cryptocurrency, Gaming, FinTech
  • Seed, Funding Round, Corporate Round
  • Singapore, Spain, Estonia

Portfolio highlights

  • solice — The first cross platform VR metaverse on the Solana blockchain
  • Kudo Labs — Kudo is building an ecosystem of DeFi and web 3.0 products like Unomi and Bitquity for mainstream crypto adoption.
  • Primex Finance — Primex is the cross-chain prime brokerage liquidity protocol for cross-DEX margin trading with trader scoring mechanisms.In Primex, lenders provide liquidity to pools where traders can use it for leveraged trading in cross-DEX environments, while lenders then have an opportunity to earn high yields; their interest is generated from margin feesand profits on successful trades.Lenders have the flexibility to manage their risks and return by providing liquidity to a variety of risk buckets, subsets of liquidity pools that regulate trader risk strategies.
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Magnus Capital
VC Fund · 2 investments in the past 12 months

Magnus Capital is a crypto investment firm.

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Investment focus

  • Blockchain, Cryptocurrency, Gaming
  • Seed, Funding Round, Initial Coin Offering
  • Singapore, United States, United Kingdom

Portfolio highlights

  • MetaFi — MetaFi operates as a Trading Metaverse. Trading Metaverse is a new kind of social trading experience governed by its users.
  • Obscuro Labs — Obscuro is a layer 2 solution for Ethereum that brings privacy. It ensures the inputs, ledger state and execution are always encrypted. No changes to Dapps, just migrate and gain privacy.
  • Thetanuts Finance — Thetanuts is a multi chain structured products protocol with automated strategies to generate income
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Georgi Atanasov
Angel · Sofia, Grad Sofiya, Bulgaria

Georgi Atanasov

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Investment focus

  • SaaS, Software, Venture Capital
  • Angel
  • Bulgaria

Portfolio highlights

  • 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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Dejan Pejcic
Angel · Nis, Vojvodina, Serbia

Dejan Pejcic

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Investment focus

  • Hardware, Child Care, Cloud Computing
  • Angel
  • Bulgaria

Portfolio highlights

  • EuroPATC — EuroPATC is a new startup company established in June 2015. Their mission is to help parents and guardians of children (people) with autism to overcome one of their biggest fears - a fear of a lost child - a fear that their loved one is left without the necessary help in times when it is crucial. Their product is a tracking device that integratesadvanced cutting-edge technology with only one purpose, uncompromisingly child safety. The device has been designed in the form of wearable. The service that we provide to users will be one-of-its-kind, carefully designed for children (people) with autism. Their vision, like our mission, is to bring reliable solution and to help parents to OUTRUN THEIR WORST FEAR!
Show more investments...

AU21 Capital
VC Fund · San Francisco, California, United States · 1 investment in the past 12 months

A fund dedicated to backing the most brilliant minds in the blockchain space

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Investment focus

  • Blockchain, Cryptocurrency, Financial Services
  • Seed, Funding Round, Initial Coin Offering
  • Singapore, United States, United Kingdom

Portfolio highlights

  • Nillion — The Secure Processing Layer of Web3
  • The Unfettered — The Unfettered is a blockchain PC game.
  • Cryption Network — Cryption Network is crypto company. Its can swap, farm, Invest and predict with cryption's unique and user-friendly DeFi 2.0 products. Bringing mass adoption to DeFi. PolyDEX is cryption's flagship product, which is completely gasless, instant, cross-chain AMM DEX with yield farming.
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NewTribe Capital
VC Fund · 1 investment in the past 12 months

NewTribe Capital specializes in early-stage Web3 blockchain investments in Asia, Europe, and MENA. Discover our portfolio, team, etc.

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Investment focus

  • Blockchain, Information Technology, Cryptocurrency
  • Seed, Funding Round
  • Singapore, United States, Norway

Portfolio highlights

  • SuiPad — SuiPad is an IDO&INO platform, with selected projects, flexible whitelist, and fair level as the core positioning.
  • Exverse — Empowering the gaming experience
  • Vee Finance — Bridge the gap between traditional banking and crypto Defi Earn fixed/flexible return on deposited assets
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Nedelcho Spasov
Angel

Nedelcho Spasov is a Co-Founder of Management Financial Group.

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Investment focus

  • Farming, FinTech, Payments
  • Seed
  • Bulgaria, United Kingdom

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.
  • Payhawk — Save time and money, manage spend, and scale your business with Payhawk. Get premium Visa Cards, dedicated IBANs, SEPA, and Faster Payments, all in one place.
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Lucid Blue Ventures
VC Fund · 4 investments in the past 12 months

Lucid Blue Ventures operates as a venture capital firm.

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Investment focus

  • Blockchain, Gaming, Cryptocurrency
  • Seed, Funding Round, Angel
  • United States, Singapore, Spain

Portfolio highlights

  • Relayz — Relayz is a Web3 communication that is extremely secure, protects privacy, is censorship-resistant, and is decentralized. Relayz utilizes cutting-edge technologies for better scalability.
  • 2MR Labs — Reach your community with Southeast Asia's 1st NFT Launchpad for Businesses, using proprietary Web 3 blockchain technologies.
  • MetaZone — MetaZone's mission is to harness and expand the application layer of the metaverse to onboard a billion citizens. MetaZone is the first content distribution platform designed to facilitate the open digital economy. At its core, creators submit Metaverse Enabled Tokenized Applications (METAs) to the marketplace, allowing anyone to own,experience, and deploy them to any virtual world. Anyone connected to the platform can host high-quality functional 3D content on digital lands with the click of a few buttons.
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Pleiade Venture
VC Fund · Paris, Ile-de-France, France · 1 investment in the past 12 months

Pleiade Venture is a French Ventrue Capital Company. It supports innovative companies from all sectors, except biotech.

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Investment focus

  • Software, E-Commerce, Artificial Intelligence
  • Seed, Series A, Funding Round
  • France, Belgium, United Kingdom

Portfolio highlights

  • askR.ai — Chat with your data ! What if you did not need the technical process to access your data anymore? Simply ask your question and our artificial intelligence will provide the appropriate answer : number, graph, table...
  • Sensefuel — Sensefuel is a software publisher dedicated to the retail industry and in particular e-commerce. Its innovative e-commerce search engine is based on algorithms specifically designed for online sales. It helps e-merchants of all sizes to give their visitors a new search experience through personalized results.
  • Per Angusta — Per Angusta is a SaaS Procurement Performance Management Software. Built by buyers, for buyers, it enables Procurement teams to work together like never before!
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PostScriptum Ventures
VC Fund · Luxembourg, Luxembourg, Luxembourg

Postscriptum Ventures is a venture capital group with a broad portfolio of sustainable investments. Established in 2006, Postscriptum invests in innovative technology and disruptive business models, with a particular focus on the ongoing (r)evolution of the energy sector. We prefer to invest in early stage ventures where our expertise and experience can leverage our financial investments to help realize the full growth potential of the business.

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Investment focus

  • Banking, FinTech, Software
  • Convertible Note
  • Bulgaria

Portfolio highlights

  • Software Group — Software Group is a global technology company that helps financial service providers digitize their business, extend outreach and improve efficiency.
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Emil Tabakov
Angel · Sofia, Grad Sofiya, Bulgaria

Senior Product Manager @ Coursera (NYSE: COUR). Ex-Telerik/Ex-Progress (NASDAQ: PRGS) Emil is passionate about building products that people love, building effective teams, talent development and working on open source products.

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Investment focus

  • SaaS, Software, Venture Capital
  • Angel
  • Bulgaria

Portfolio highlights

  • 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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Bogomil Balkansky
Angel · San Francisco, California, United States

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.

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Investment focus

  • Software, SaaS, Enterprise Software
  • Seed, Series A, Series B
  • United States, Bulgaria, Israel

Portfolio highlights

  • Cortex — Cortex makes it easy for engineering organizations to gain visibility into their services and deliver high quality software.
  • Stoke — Fiverr Enterprise is a SaaS platform which helps companies source, onboard, manage, and pay your freelance talent legally and compliantly.
  • Promethium — Promethium is an augmented data management provider with the first AI-powered solution that combines natural language processing (NLP) with automated data prep to deliver true self-service analytics. Users simply ask a question in natural language, and Promethium locates the data, demonstrates how it should be assembled, automatically generates theSQL statement to get the right data, and executes the query across multiple repositories.
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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
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European Investment Bank
VC Fund · Luxembourg, Luxembourg, Luxembourg · 56 investments in the past 12 months

European Investment Bank (EIB) provides lending, borrowing, and treasury services primarily in the European Union.The company offers project loans for the public and private sectors; loans to banks and other intermediaries; structured finance products; guarantees and securitization instruments for senior and subordinated debts; project bonds;equity and fund investment products such as infrastructure equity and debt funds, and environmental funds; and venture capital funds and security packages for funds.The company also offers microfinance; risk sharing finance for research, development, and innovation projects; finance and technical expertise for sustainable energy projects; infrastructure project advisory services; support for urban development projects; guarantees for transport infrastructure; and funding for public-private partnerships and small- and medium-sized enterprises.EIB serves the transportation, global loans, energy, industry, health, education, water, sewerage, infrastructure, services, telecommunications, agriculture, and fisheries sectors.European Investment Bank was founded in 1958 and is based in Luxembourg.

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Investment focus

  • Biotechnology, Health Care, Software
  • Debt Financing, Post-IPO Debt, Funding Round
  • France, Germany, Ireland

Portfolio highlights

  • Valmet — Valmet is the leading global developer and supplier of technologies, automation and services for the pulp, paper and energy industries.
  • CTP — CTP NV is a real estate company that owns and develops industrial and logistics parks.
  • Cofina Ivory — Cofina Ivory is a savings and credit institution that operates in the sector of mesofinance.
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Selahattin Zoralioğl
Angel · Istanbul, Istanbul, Turkey · 1 investment in the past 12 months

Selahattin Zoralioğl

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Investment focus

  • Computer, Software, Web Apps
  • Seed, Funding Round
  • Turkey, Bulgaria

Portfolio highlights

  • SORWE — Welcome to a seamless employee experience journey. We help you create an inclusive engagement and performance cycle on mobile.
  • SessionStack — With SessionStack's interactive co-browsing, pixel-perfect session replay, error notifications, troubleshooting insights, and reporting tools, you can empower your support team to create the best experience for your customers. Now you can understand exactly what the user did without them saying a word. SessionStack integrates with Zendesk,Freshdesk, Intercom, Olark, and other support platforms. Works on any web application framework. Across all major browsers. No client-side downloads.
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Moonrock Capital
VC Fund · London, England, United Kingdom · 3 investments in the past 12 months

Moonrock Capital is a Blockchain Advisory and Investment Partnership based in London and Hamburg.

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Investment focus

  • Blockchain, Information Technology, Cryptocurrency
  • Seed, Funding Round, Pre-Seed
  • Singapore, United Kingdom, United States

Portfolio highlights

  • Elusiv — Elusiv offers compliance in mind with next-generation privacy solutions for a better Web3.
  • SuiPad — SuiPad is an IDO&INO platform, with selected projects, flexible whitelist, and fair level as the core positioning.
  • Arcade2earn — Arcade2earn is the GameFi platform that gives its community the opportunity to earn access to the ecosystem.
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Faris Sweis
Angel · Sofia, Grad Sofiya, Bulgaria

CTO at Progress Software Corp.

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Investment focus

  • SaaS, Software, Venture Capital
  • Angel
  • Bulgaria

Portfolio highlights

  • 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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TechOne VC
VC Fund · Istanbul, Istanbul, Turkey · 9 investments in the past 12 months

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.

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Investment focus

  • Software, SaaS, Information Technology
  • Seed, Funding Round, Pre-Seed
  • Turkey, United States, Estonia

Portfolio highlights

  • GINOA — GINOA provides NFT, metaverse, and artificial intelligence for collecting, trading, and investing strategy. They also provide Al-enabled pricing and hassle-free barter place services.
  • WASK INC — Digital marketing ads software: create new smart ads and management digital marketing fast, advertising easily with digital marketing software tool
  • VRLab Academy — VRLab Academy specializes in implementing advanced virtual science education to institutions. It focuses on waste-free, attractive, and useful design to makes advanced virtual science education possible. The company aims to evolve the educational environment where students will improve their scientific skills and learn all about it from firsthand.
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Wingman Campus Fund
VC Fund · Zürich, Zurich, Switzerland · 4 investments in the past 12 months

Wingman Campus Fund aims to educate students and support entrepreneurs to disrupt the startup culture on campuses, producing the next generation of tech leaders, and creating more value for society.

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Investment focus

  • Information Technology, Artificial Intelligence, Analytics
  • Pre-Seed, Seed
  • Switzerland, Bulgaria

Portfolio highlights

  • tiun — Tiun is a software company that allows media and streaming services to accept online payments from non-subscribed users who are willing to pay for the time they used a service for.
  • Bollwerk — Bollwerk is the modern finance data stack: All the finance data you need with awesome collaboration features.
  • Maven Health — Maven Health offers Personalized Metabolic health test measurements for healthcare professionals
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Cavalry Ventures
VC Fund · Berlin, Berlin, Germany · 6 investments in the past 12 months

Cavalry is an early-stage venture capital investor focused on European technology companies.

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Investment focus

  • Software, Information Technology, SaaS
  • Seed, Series A, Pre-Seed
  • Germany, United Kingdom, United States

Portfolio highlights

  • Openvolt — A developer friendly API for unlocking access to smart meter data across Europe. Build more impactful apps in Energy Efficiency, ESG, EV Charging, Demand Response and a host of other use cases.
  • Oblivious — Oblivious builds tools to allow you to use your sensitive data with internal and external partners while keeping it private and secure.
  • SERA Intelligence — SERA Intelligence is an AgTech company that offers a cultivation management & analytics platform for greenhouses using machine learning.
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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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Stanimir Vassilev
Angel

Stanimir Vassilev is the Co-Founder of Management Financial Group. He attended INSEAD .

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Investment focus

  • Farming, FinTech, Payments
  • Seed
  • Bulgaria, United Kingdom

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.
  • Payhawk — Save time and money, manage spend, and scale your business with Payhawk. Get premium Visa Cards, dedicated IBANs, SEPA, and Faster Payments, all in one place.
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Morningside Hill Capital Management
VC Fund · Sofia, Grad Sofiya, Bulgaria · 1 investment in the past 12 months

Private investment partnership

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Investment focus

  • Software, Recruiting, Mobile Apps
  • Seed
  • Bulgaria

Portfolio highlights

  • nPloy — Simply set your filters and get matched with your dream job! Let top employers apply for you & connect with them via chat or a video call.
  • Zhongke Jiahe — Zhongke Jiahe develops compilation technology and aspires to build a universal, low-cost, high-performance fundamental software tool chain.
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Bulgarian Development Bank
VC Fund · Sofia, Grad Sofiya, Bulgaria · 1 investment in the past 12 months

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.

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Investment focus

  • Finance, Software, Health Care
  • Pre-Seed, Debt Financing
  • Bulgaria

Portfolio highlights

  • MedLease — MedLease specializes in financing solutions for healthcare SMEs, young healthcare professionals and patients. Doctors, partnering clinics and MedLease all share the same end customer – the patient. The company strives to achieve synergy via helping young professionals improve their qualification, financing smaller clinics purchase modern machinesfor treatment/diagnostics and provide the patients with reliable and transparent socially responsible healthcare financing solutions. MedLease believes that this synergy based business model provides trickle down effects that benefits and improves the quality of life of the end customer.
  • Evrotrust — Best way to prove who you are and agree to anything, anywhere. Fully legal, secure and personal. Our mobile first eIDAS solution allows: eID, eSign, eTimestamp, eSeal, eDelivery with the highest status – qualified
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RR² CAPITAL
VC Fund · Lisbon, Lisboa, Portugal · 1 investment in the past 12 months

RR2 Capital is a venture capital firm that provides investment services.

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Investment focus

  • Blockchain, Bitcoin, FinTech
  • Seed
  • Bulgaria, Switzerland, United Kingdom

Portfolio highlights

  • Whalemap — The leading on-chain analytics platform for tracking cryptocurrency and blockchain data. Leverage our crypto whale charts for your crypto trading solutions.
  • Aleph Zero — Discover Aleph Zero, a non-profit organization dedicated to advancing the adoption and development of decentralized technologies. Learn about our mission to create a secure blockchain ecosystem and develop secure smart contracts that power the decentralized world.
  • Dolomite.io — Dolomite.io is a simple & secure decentralized crypto exchange.
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BMW i Ventures
VC Fund · Mountain View, California, United States · 8 investments in the past 12 months

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.

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Investment focus

  • Automotive, Software, Manufacturing
  • Series B, Series A, Funding Round
  • United States, Germany, Canada

Portfolio highlights

  • DeepDrive — We are DeepDrive. We are powered by fusion. Absolute professionalism mixed up with our deeply rooted urge to discover. Deep expertise meets revolutionary innovations.
  • Cyclic Materials — Cyclic Materials has created the first circular supply chain for rare earth elements with the goal of helping the world transition to an environmentally responsible future.
  • Plus One Robotics — The fastest and most reliable parcel handing robotics solutions in your warehouse.
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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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Maven Capital Partners
VC Fund · Glasgow, Glasgow City, United Kingdom · 11 investments in the past 12 months

Maven is one of the UK's leading private equity and investment firms. We provide essential capital and expertise to help businesses unlock their potential.

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Investment focus

  • Software, Information Technology, SaaS
  • Funding Round, Series A, Seed
  • United Kingdom, United States, Germany

Portfolio highlights

  • MarraBio — MarraBio Ltd. is a spin out company from Newcastle University using engineered bacterial protein polymers to provide bioactivity to cells at the industrial scale in the cultivated meat sector and beyond.
  • Power Roll — Power Roll has reinvented solar to generate energy anywhere and everywhere, using any surface.
  • Laverock Therapeutics — Laverock Therapeutics is developing a gene silencing platform for the creation of programmable, allogeneic cell therapies.
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