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

| Investor | Relevant Deals | Geography | Stage | Focus |
| --- | --- | --- | --- | --- |
| Eleven Ventures | 76 | Bulgaria, United States, United Kingdom | Seed, Convertible Note, Pre-Seed | Software, SaaS, Information Technology |
| LAUNCHub Ventures | 36 | Bulgaria, United Kingdom, United States | Seed, Series A | Software, SaaS, Enterprise Software |
| Vitosha Venture Partners | 16 | Bulgaria, United States, France | Seed, Pre-Seed | Software, Marketplace, Apps |
| Impetus Capital | 11 | Bulgaria, Germany, United States | Seed, Convertible Note | Software, Information Technology, Life Science |
| Speedinvest | 4 | Germany, United Kingdom, Austria | Seed, Series A, Pre-Seed | Software, FinTech, Financial Services |
| Neo Gravity | 4 | Bulgaria | Seed, Pre-Seed | Pet, Craft Beer, Veterinary |
| BrightCap Ventures | 4 | Bulgaria, United States, France | Seed, Pre-Seed | Software, Health Care, SaaS |
| New Vision 3 | 3 | Bulgaria, Macedonia | Seed | Solar, Consulting, Reservations |
| North Base Media | 3 | United States, India, United Kingdom | Seed, Series A, Series B | Digital Media, Advertising, Publishing |
| European Investment Bank | 2 | France, Germany, Ireland | Debt Financing, Post-IPO Debt | Biotechnology, Health Care, Software |
| Bulgarian Development Bank | 2 | Bulgaria | Pre-Seed, Debt Financing | Finance, Software, Health Care |
| Skynet Trading | 2 | United States, Singapore, Bulgaria | Seed, Series A | Blockchain, Financial Services, Cryptocurrency |
| South Central Ventures | 2 | Serbia, United Kingdom, United States | Seed, Series A, Pre-Seed | Software, SaaS, Artificial Intelligence |
| Freigeist Capital | 2 | Germany, Bulgaria, Portugal | Seed, Series A | Software, Food and Beverage, Transportation |
| Neo Ventures | 2 | Israel, United Kingdom, Estonia | Seed, Series A | Software, Artificial Intelligence, Aerospace |
| Openfund | 2 | Greece, United Kingdom, United States | Seed, Series A, Pre-Seed | Software, Travel, E-Commerce |
| SeedBlink | 2 | Romania, United States, United Kingdom | Seed, Pre-Seed, Series A | Software, Information Technology, SaaS |
| NEVEQ | 2 | Bulgaria, Argentina | Seed, Series A | SaaS, Mobile, Analytics |
| BHS Services S.A. | 1 | Bulgaria | Seed | Farming, Livestock, Agriculture |
| HardGamma Ventures | 1 | United Kingdom, Poland, United States | Seed, Convertible Note | Software, E-Commerce, Enterprise Software |
| Moonrock Capital | 1 | Singapore, United Kingdom, United States | Seed, Pre-Seed | Blockchain, Information Technology, Cryptocurrency |
| Maven Capital Partners | 1 | United Kingdom, United States, Germany | Series A, Seed | Software, Information Technology, SaaS |
| Maven Capital | 1 | United States, Canada, Sweden | Seed, Pre-Seed | Blockchain, Gaming, Software |
| Morningside Hill Capital Management | 1 | Bulgaria | Seed | Software, Recruiting, Mobile Apps |
| SquareOne | 1 | Germany, United States, Poland | Seed, Series A | Software, SaaS, E-Commerce |
| Calm/Storm Ventures | 1 | United Kingdom, Germany, Austria | Seed, Pre-Seed, Series A | Health Care, Wellness, Medical |
| TechOne VC | 1 | Turkey, United States, Estonia | Seed, Pre-Seed | Software, SaaS, Information Technology |
| Ceecat Capital | 1 | Turkey |  | FinTech, Finance, Payments |
| METRIX Capital Group | 1 | Spain, Bulgaria, United States | Seed, Pre-Seed | Gaming, FinTech, Internet |
| Welltopia | 1 | Bulgaria | Seed | Sports, Fitness, Health Care |
| Nina Capital | 1 | United States, United Kingdom, Austria | Seed, Pre-Seed, Series A | Health Care, Artificial Intelligence, Medical |
| AU21 Capital | 1 | Singapore, United States, United Kingdom | Seed, Initial Coin Offering | Blockchain, Cryptocurrency, Financial Services |
| BMW i Ventures | 1 | United States, Germany, Canada | Series B, Series A | Automotive, Software, Manufacturing |
| Peech Capital | 1 | Singapore, Spain, Estonia | Seed, Corporate Round | Cryptocurrency, Gaming, FinTech |
| Sofia Angels Ventures | 1 | Austria, Germany, Romania | Seed, Pre-Seed | Artificial Intelligence, Software, Information Technology |
| Black Peak Capital | 1 | Bulgaria | Convertible Note | Banking, FinTech, Software |
| Ascensive Assets | 1 | United States, Singapore, Brazil | Seed, Series A | Blockchain, Cryptocurrency, Gaming |
| Blockchain Founders Fund | 1 | United States, United Kingdom, Canada | Seed, Pre-Seed | Blockchain, Cryptocurrency, Financial Services |
| Pleiade Venture | 1 | France, Belgium, United Kingdom | Seed, Series A | Software, E-Commerce, Artificial Intelligence |
| Integral Venture Partners | 1 | Bulgaria | Series A |  |
| Wingman Campus Fund | 1 | Switzerland, Bulgaria | Pre-Seed, Seed | Information Technology, Artificial Intelligence, Analytics |
| Strategic Development Fund | 1 | Israel, Bulgaria, United Kingdom | Seed, Series A | Aerospace, Drones, Sensor |
| Karoll | 1 | Bulgaria |  | Energy, GreenTech |
| HR Capital | 1 | Bulgaria | Seed | Internet, Marketing, E-Commerce |
| ZBS CAPITAL | 1 | United States, Singapore, India | Seed, Initial Coin Offering | Blockchain, Cryptocurrency, Financial Services |
| Silverline Capital | 1 | United States | Series A | Security, 3D Technology, Computer Vision |
| MetaCartel Ventures | 1 | United States, United Kingdom, Singapore | Seed, Pre-Seed, Series A | Blockchain, Cryptocurrency, Financial Services |
| NewTribe Capital | 1 | Singapore, United States, Norway | Seed | Blockchain, Information Technology, Cryptocurrency |
| MFG Invest | 1 | France, Bulgaria |  | Energy, Events, GreenTech |
| Lucid Blue Ventures | 1 | United States, Singapore, Spain | Seed, Angel | Blockchain, Gaming, Cryptocurrency |

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