# Top 35 Software VC (Venture Capital) Funds in Bulgaria in May 2026

| Investor | Relevant Deals | Geography | Stage | Focus |
| --- | --- | --- | --- | --- |
| Eleven Ventures | 30 | Bulgaria, United States, United Kingdom | Seed, Convertible Note, Pre-Seed | Software, SaaS, Information Technology |
| LAUNCHub Ventures | 17 | Bulgaria, United Kingdom, United States | Seed, Series A | Software, SaaS, Enterprise Software |
| Vitosha Venture Partners | 6 | Bulgaria, United States, France | Seed, Pre-Seed | Software, Marketplace, Apps |
| BrightCap Ventures | 4 | Bulgaria, United States, France | Seed, Pre-Seed | Software, Health Care, SaaS |
| North Base Media | 3 | United States, India, United Kingdom | Seed, Series A, Series B | Digital Media, Advertising, Publishing |
| Openfund | 2 | Greece, United Kingdom, United States | Seed, Series A, Pre-Seed | Software, Travel, E-Commerce |
| South Central Ventures | 2 | Serbia, United Kingdom, United States | Seed, Series A, Pre-Seed | Software, SaaS, Artificial Intelligence |
| Impetus Capital | 2 | Bulgaria, Germany, United States | Seed, Convertible Note | Software, Information Technology, Life Science |
| NEVEQ | 2 | Bulgaria, Argentina | Seed, Series A | SaaS, Mobile, Analytics |
| METRIX Capital Group | 1 | Spain, Bulgaria, United States | Seed, Pre-Seed | Gaming, FinTech, Internet |
| Marshland Group | 1 | United Kingdom, Bulgaria, United States | Seed | Cryptocurrency, Blockchain, Information Technology |
| Black Peak Capital | 1 | Bulgaria | Convertible Note | Banking, FinTech, Software |
| European Investment Bank | 1 | France, Germany, Ireland | Debt Financing, Post-IPO Debt | Biotechnology, Health Care, Software |
| Moonrock Capital | 1 | Singapore, United Kingdom, United States | Seed, Pre-Seed | Blockchain, Information Technology, Cryptocurrency |
| Peech Capital | 1 | Singapore, Spain, Estonia | Seed, Corporate Round | Cryptocurrency, Gaming, FinTech |
| Maven Capital Partners | 1 | United Kingdom, United States, Germany | Series A, Seed | Software, Information Technology, SaaS |
| Cavalry Ventures | 1 | Germany, United Kingdom, United States | Seed, Series A, Pre-Seed | Software, Information Technology, SaaS |
| Wingman Campus Fund | 1 | Switzerland, Bulgaria | Pre-Seed, Seed | Information Technology, Artificial Intelligence, Analytics |
| AU21 Capital | 1 | Singapore, United States, United Kingdom | Seed, Initial Coin Offering | Blockchain, Cryptocurrency, Financial Services |
| RR² CAPITAL | 1 | Bulgaria, Switzerland, United Kingdom | Seed | Blockchain, Bitcoin, FinTech |
| Bulgarian Development Bank | 1 | Bulgaria | Pre-Seed, Debt Financing | Finance, Software, Health Care |
| International Aviation Services | 1 | Bulgaria | Convertible Note | Banking, FinTech, Software |
| TechOne VC | 1 | Turkey, United States, Estonia | Seed, Pre-Seed | Software, SaaS, Information Technology |
| Pleiade Venture | 1 | France, Belgium, United Kingdom | Seed, Series A | Software, E-Commerce, Artificial Intelligence |
| Magnus Capital | 1 | Singapore, United States, United Kingdom | Seed, Initial Coin Offering | Blockchain, Cryptocurrency, Gaming |
| Skynet Trading | 1 | United States, Singapore, Bulgaria | Seed, Series A | Blockchain, Financial Services, Cryptocurrency |
| NewTribe Capital | 1 | Singapore, United States, Norway | Seed | Blockchain, Information Technology, Cryptocurrency |
| PostScriptum Ventures | 1 | Bulgaria | Convertible Note | Banking, FinTech, Software |
| Lucid Blue Ventures | 1 | United States, Singapore, Spain | Seed, Angel | Blockchain, Gaming, Cryptocurrency |
| 3TS Capital Partners | 1 | United States, Romania, Poland | Series A, Seed | Software, Internet, SaaS |
| Morningside Hill Capital Management | 1 | Bulgaria | Seed | Software, Recruiting, Mobile Apps |
| Varys Capital | 1 | Spain, Panama, Bulgaria | Seed, Initial Coin Offering | FinTech, Blockchain, Cryptocurrency |
| ZBS CAPITAL | 1 | United States, Singapore, India | Seed, Initial Coin Offering | Blockchain, Cryptocurrency, Financial Services |
| BMW i Ventures | 1 | United States, Germany, Canada | Series B, Series A | Automotive, Software, Manufacturing |
| European regional development fund (ERDF) | 1 | United Kingdom, Germany, France | Grant, Pre-Seed | Software, Information Technology, Artificial Intelligence |

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