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Top 5 Artificial Intelligence Angel Investors in Bulgaria (October 2026)

The most active angel investors investing in Bulgaria Artificial intelligence startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Bulgaria Artificial intelligence startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Zoran Arsovski
Angel
1 Bulgaria, Turkey, United States Seed, Angel, Pre-Seed Software, FinTech, Internet $204k–$6.9M
Milen Manev
Angel
1 Bulgaria, United Kingdom Seed Software, Manufacturing, Operating Systems $720k–$925k
Stoil Vasilev
Angel
1 Bulgaria Seed Operating Systems, Artificial Intelligence
Danish Chaudhry
Angel
1 United States, Bulgaria, India Seed, Pre-Seed, Venture - Series Unknown Blockchain, Cryptocurrency, Web3 $1.5M–$10M
Hesham Zreik
Angel
1 United States, India, Nigeria Pre-Seed, Seed, Series A Information Technology, Software, E-Commerce $10k–$5M
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Zoran Arsovski
Angel · Sofia, Grad Sofiya, Bulgaria · 1 investments in Bulgaria Artificial intelligence startups

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

  • Industry: Software, FinTech, Internet
  • Stage:Seed, Angel, Pre-Seed
  • Geography: Bulgaria, Turkey, United States

Investor stats

  • Total investments: 11
  • Round size: Seed $870k–$6.9M; Angel $204k–$430k; Pre-Seed $660k–$901k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Magfi — A search engine that analyzes communities into WhatsApp, Telegram, and Discord with AI, ML, and NLP and places ads with micro-targeting.
  • Visibilio — At Visibilio, we are at the forefront of a seismic shift in how companies connect with their clients. Our mission is simple: to empower companies, organizations, and individuals to seamlessly create, repurpose, and distribute meaningful content—turning their audiences into loyal clients. We believe that building your own audience shouldn’t be hardor expensive, and is much more efficient compared to buying it from platforms like Google/Facebook.Who We AreVisibilio was founded by a team of experienced professionals: Alexei Lazarov, former editor-in-chief of Bulgaria’s leading business media Capital; Zoran Arsovski, a marketing professional, entrepreneur, and investor; and Stoyan Kondev, a skilled software developer and BPM consultant. Together, they bring a unique blend of editorial expertise, business acumen, and technological innovation to drive transformative change.What We Do (And Why)Visibilio builds an AI-powered agentic workforce that transforms the way content is created and distributed. With our swarms and constelations of AI agents, telling interesting stories and building loyal audiences is no longer time-consuming or costly. We believe that the way people consume information and how businesses connect with clients is undergoing a profound transformation. In the coming years, it will be essential for companies to think like publishers—creating consistent, meaningful content, building their own audiences, and converting them into loyal customers.At Visibilio, we are developing the tools to make this shift seamless, helping businesses save time, effort, and resources while staying ahead in an evolving digital landscape.
  • Native Teams — Hire anyone, anywhere with Native Teams. Use EOR and PEO services to employ global talent or get compliant employment as a freelancer.
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Milen Manev
Angel · Sofia, Grad Sofiya, Bulgaria · 1 investments in Bulgaria Artificial intelligence startups

Milen Manev is the Chief Executive Officer of Next Solutions Bulgaria. He previously worked at SyncHR as a VP, European Operations. Milen Manev attended Sofia University St. Kliment Ohridski.

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Investment focus

  • Industry: Software, Manufacturing, Operating Systems
  • Stage:Seed
  • Geography: Bulgaria, United Kingdom

Investor stats

  • Total investments: 2
  • Round size: Seed $720k–$925k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Fabrico SaaS — Manufacturing performance platform: MES and OEE software with CMMS built in. Real-time production monitoring, downtime tracking and a price on every loss.
  • DiscreteStack — DiscreteStack is a private, European-built AI operating system and infrastructure platform designed for enterprises to deploy and scale state-of-the-art open-weight AI models locally.
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Stoil Vasilev
Angel · 1 investments in Bulgaria Artificial intelligence startups

CEO at Paypercut

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Investment focus

  • Industry: Operating Systems, Artificial Intelligence
  • Stage:Seed
  • Geography: Bulgaria

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • DiscreteStack — DiscreteStack is a private, European-built AI operating system and infrastructure platform designed for enterprises to deploy and scale state-of-the-art open-weight AI models locally.
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Danish Chaudhry
Angel · London, England, United Kingdom · 1 investments in Bulgaria Artificial intelligence startups

Danish Chaudhry is a GP & Co-Founder at Paper Ventures.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Web3
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: United States, Bulgaria, India

Investor stats

  • Total investments: 30
  • Round size: Seed $1.6M–$7M; Pre-Seed $1.5M–$3.3M; Venture - Series Unknown $5.5M–$10M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • Nexio — Making Bitcoin Productive
  • Turtle Club — Aggregated, diligenced, personalized onchain yield management.
  • Neutral Trade — Where allocators source strategies and traders raise capital. Institutional-grade quant vaults on-chain.
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Hesham Zreik
Angel · Dubai, Dubai, United Arab Emirates · 1 investments in Bulgaria Artificial intelligence startups

Hesham Zreik is the CEO of FasterCapital. He previously worked at DreamApps as a Project Manager. Hesham attended the University of Westminster.

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Investment focus

  • Industry: Information Technology, Software, E-Commerce
  • Stage:Pre-Seed, Seed, Series A
  • Geography: United States, India, Nigeria

Investor stats

  • Total investments: 1176
  • Round size: Seed $20k–$2M; Pre-Seed $10k–$1M; Series A $170k–$5M
  • Lead/follow: 53% lead, 47% follow

Portfolio highlights

  • EasyBusy — EasyBusy is a contractor-client matching platform designed to address key challenges in the GCC service and construction economy.
  • Excel And Impact Agro — Excel And Impact Agro aims to tackle the chronic shortage of vegetable production in Côte d'Ivoire.
  • JLC Industry Of Tomato Paste Sarl U — JLC Industry is a Togolese agro-industrial startup dedicated to the production, processing, and commercialization of tomato concentrate.
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Artificial Intelligence Angel investor funding in Bulgaria at a glance

Stats across 4 deals from 5 investors.

5
investors
in Bulgaria Artificial intelligence startups
4
deals
in Bulgaria Artificial intelligence startups
$2.1M
median round
in Bulgaria Artificial intelligence startups
0%
lead investors
lead at least one round
50%
Seed
most common funding stage

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