# Top 50 VC (Venture Capital) Funds in Bulgaria in May 2026

## Eleven Ventures
- Type: VC Fund
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 76
- 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: 36
- 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. 

## Vitosha Venture Partners
- Type: VC Fund
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 16
- Stages: Seed, Pre-Seed
- Focus: Software, Marketplace, Apps

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

## Impetus Capital
- Type: VC Fund
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 11
- 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.

## Speedinvest
- Type: VC Fund
- Location: Vienna, Wien, Austria
- Relevant deals: 4
- 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.

## Neo Gravity
- Type: VC Fund
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 4
- 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.

## BrightCap Ventures
- Type: VC Fund
- Location: Amsterdam, Noord-Holland, The Netherlands
- Relevant deals: 4
- 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.

## New Vision 3
- Type: VC Fund
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 3
- Stages: Seed
- Focus: Solar, Consulting, Reservations

New Vision 3 is an Early-stage Venture Capital fund.

## 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.

## European Investment Bank
- Type: VC Fund
- Location: Luxembourg, Luxembourg, Luxembourg
- Relevant deals: 2
- Stages: Debt Financing, Post-IPO Debt
- Focus: Biotechnology, Health Care, Software

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.

## Bulgarian Development Bank
- Type: VC Fund
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 2
- 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.

## Skynet Trading
- Type: VC Fund
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Blockchain, Financial Services, Cryptocurrency

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

## 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.

## Freigeist Capital
- Type: VC Fund
- Location: Bonn, Nordrhein-Westfalen, Germany
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Software, Food and Beverage, Transportation

Freigeist Capital is the investment company of Frank Thelen, Marc Sieberger and Alex Koch. We invest in deep tech startups and excellent founders.

## Neo Ventures
- Type: VC Fund
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Software, Artificial Intelligence, Aerospace

Neo Ventures is the first open-ended early stage investor, based in Eastern Europe. The founders have backed more than 30 startups and exited 10 successfully. We invest in game-changing businesses, without geographic limitations. We partner with exceptional founder teams to challenge incumbents in markets ripe for change or to create entirely newmarkets. Neo Ventures funds and then supports the founders in business planning, scaling operations, follow-on investments, making the best of each opportunity and dealing with hard situations. Our investment focus is on data analytics, computer vision and remote sensing addressing disruptive opportunities across the high-growth SpaceTech, BioTech and Security verticals.

## 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.

## SeedBlink
- Type: VC Fund
- Location: Bucharest, Bucuresti, Romania
- Relevant deals: 2
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Information Technology, SaaS

SeedBlink is a platform for startup investments. Invest in startups by having the benefits of crowdfunding, the flexibility of angel investors, and the VC structure.

## 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.

## BHS Services S.A.
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed
- Focus: Farming, Livestock, Agriculture

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

## 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.

## Moonrock Capital
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Blockchain, Information Technology, Cryptocurrency

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

## Maven Capital Partners
- Type: VC Fund
- Location: Glasgow, Glasgow City, United Kingdom
- Relevant deals: 1
- Stages: Series A, Seed
- Focus: Software, Information Technology, SaaS

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.

## 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.

## 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

## SquareOne
- Type: VC Fund
- Location: Berlin, Berlin, Germany
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Software, SaaS, E-Commerce

We invest in B2B tech entrepreneurs who are obsessed with solving complex problems in huge markets at pre-seed and seed stage

## Calm/Storm Ventures
- Type: VC Fund
- Location: Vienna, Wien, Austria
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Health Care, Wellness, Medical

Calm/Storm is an exclusive founder network and venture capital firm. We invest in purpose driven founders changing our life & health for the better. Headquartered in Vienna, Austria we invest in early-stage companies all over Europe and the US. We focus on the pre-seed and seed stages but also invest up to Series A.

## 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.

## Ceecat Capital
- Type: VC Fund
- Location: Schuttrange, Luxembourg, Luxembourg
- Relevant deals: 1
- Focus: FinTech, Finance, Payments

We are a highly focused private equity & private credit investment firm that helps small & mid-cap companies achieve strong & sustainable growth

## METRIX Capital Group
- Type: VC Fund
- Location: Anaheim, California, United States
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Gaming, FinTech, Internet

METRIX Capital Group was founded in 2011

## Welltopia
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 1
- Stages: Seed
- Focus: Sports, Fitness, Health Care

Welltopia is an online community that allows individuals to connect with wellness professionals. With specialties such as yoga, Pilates, acupuncture, massage, and more on the list, these professionals have online profiles that describe their approach, lists available session times, and allows clients to book and pay for sessions online. Welltopiawas founded in 2013 and is based in San Francisco, California.

## Nina Capital
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Health Care, Artificial Intelligence, Medical

We deploy early stage capital to fuel the growth of need-driven health technology companies.

## AU21 Capital
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 1
- Stages: Seed, Initial Coin Offering
- Focus: Blockchain, Cryptocurrency, Financial Services

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

## 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.

## Peech Capital
- Type: VC Fund
- Location: Amsterdam, Noord-Holland, The Netherlands
- Relevant deals: 1
- Stages: Seed, Corporate Round
- Focus: Cryptocurrency, Gaming, FinTech

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

## Sofia Angels Ventures
- Type: VC Fund
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Artificial Intelligence, Software, Information Technology

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## Black Peak Capital
- Type: VC Fund
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 1
- Stages: Convertible Note
- Focus: Banking, FinTech, Software

BlackPeak Capital is a co-investment growth equity fund focused on investing in high-growth Southeast European small and medium enterprises. BlackPeak Capital is funded by the European Investment Fund, part of the European Investment Bank, through the JEREMIE initiative for support of the SME enterprises in Bulgaria.We invest in equity,mezzanine, and other forms of hybrid capital to support the investment plans of dynamic regional companies. As a co-investment fund, BlackPeak Capital invests alongside other private institutional or individual investors on pari-passu terms. Our target investment ticket is between €1-8 million per transaction.

## 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.

## Blockchain Founders Fund
- Type: VC Fund
- Location: Singapore, Central Region, Singapore
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Blockchain, Cryptocurrency, Financial Services

We Focus Exclusively On Adding Value To Blockchain & Emerging Technology Projects With Real World Applications.

## Pleiade Venture
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Software, E-Commerce, Artificial Intelligence

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

## Integral Venture Partners
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Series A

Private equity and growth capital investments firm focused on the Evolving Europe region and operating out of hubs in London, Budapest, and Belgrade

## Wingman Campus Fund
- Type: VC Fund
- Location: Zürich, Zurich, Switzerland
- Relevant deals: 1
- Stages: Pre-Seed, Seed
- Focus: Information Technology, Artificial Intelligence, Analytics

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.

## Strategic Development Fund
- Type: VC Fund
- Location: Abu Dhabi, Abu Dhabi, United Arab Emirates
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Aerospace, Drones, Sensor

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.

## Karoll
- Type: VC Fund
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 1
- Focus: Energy, GreenTech

Karoll offers a wide range of financial products and services that include asset management, insurance, land banking, and equity financing.

## 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

## ZBS CAPITAL
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed, Initial Coin Offering
- Focus: Blockchain, Cryptocurrency, Financial Services

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

## Silverline Capital
- Type: VC Fund
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 1
- Stages: Series A
- Focus: Security, 3D Technology, Computer Vision

Silverline Capital provides mezzanine and equity financing solutions to mid-market businesses in Bulgaria.

## 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.

## NewTribe Capital
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed
- Focus: Blockchain, Information Technology, Cryptocurrency

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

## MFG Invest
- Type: VC Fund
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 1
- Focus: Energy, Events, GreenTech

MFG Invest was established by a group of angel investors with the goal of financing venture capital.

## Lucid Blue Ventures
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed, Angel
- Focus: Blockchain, Gaming, Cryptocurrency

Lucid Blue Ventures operates as a venture capital firm.

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