Top 10 Blockchain VC (Venture Capital) Funds in Bulgaria in May 2026

Portfolio highlights

• Utexo — Utexo develops payment infrastructure that enables stablecoin transactions to settle directly on the Bitcoin network. The platform provides an API and related tools that allow payment operators, exchanges, wallets, and financial platforms to process USDT transfers through Bitcoin-based rails. Its system integrates technologies such as the LightningNetwork and the RGB protocol to support instant settlement, encrypted transaction execution, and predictable transaction costs. Utexo also offers cloud infrastructure and developer tools that manage routing, liquidity, and node operations required for stablecoin payments on Bitcoin. These services allow organizations to integrate Bitcoin-based stablecoin settlement into existing applications without operating or maintaining underlying blockchain infrastructure.
• Wave — Wave is a US blockchain SUI ecosystem that offers DeFi and GameFi products.
• Domin Network — Domin Network is a decentralized business network that connects software and hardware in many business situations using the NFT middleware protocol and DePIN rollup technology.

Portfolio highlights

• Ceramic Network — Ceramic Network is a provider of protocols for decentralized and composable data applications. The network decentralizes application databases, making data universally composable and reusable across applications. It consists of three core parts: a highly-scalable, decentralized infrastructure for data availability and consensus, a marketplace ofcommunity-created data models, and a suite of standard APIs for storing, updating, and retrieving data from those models.
• Pocket Universe — Pocket Universe is a browser extension that keeps your assets safe when you sign web3 transactions
• BIO Protocol — The BIO Protocol (BIO) allows onchain scientific communities to fund, build, and co-own research and products in specific biomedical domains including lifespan, brain health, and rare disorders. BIO, founded by senior VitaDAO members, empowers worldwide communities of scientists, patients, and investors to take science into their own hands andbring solutions to life more effectively than traditional pharmaceutical companies.

Portfolio highlights

• EigenLabs — Eigen Labs is an engineering and research organization that contributes to protocols like EigenLayer and EigenDA
• Bastion — Bastion blends the best of web2 and web3 technologies to broaden opportunities for organizations and their customers.
• Story Protocol — Story is AI-native infrastructure for the intellectual property economy.

Portfolio highlights

• Everlyn — Everlyn is a Web3 video AI model that generates a decentralized infrastructure layer for autonomous video.
• Voyage — Voyage AI is an AI infrastructure project building the first GEOFi network to make AI-generated content citable.
• Cold River Games — Crystalfall is an upcoming free online action RPG with customizable skills and an endless endgame, set in a steampunk world.

Portfolio highlights

• BullPerks — BullPerks is a community of like-minded individuals who want to leverage their power and invest together in the best projects on equal terms with VCs.
• Centrifuge — Centrifuge is the platform for tokenized real-world assets, providing the infrastructure and ecosystem to tokenize, manage, and invest into RWAs.
• Hybrid — Hybrid is a fintech company that offers a decentralized central AI tool with Web3's ecosystem of AI experts, agents, and data.

Portfolio highlights

• SplxAI — SplxAI provides the most comprehensive platform for AI Security Testing and Red Teaming, ensuring your AI Assistants and Agents are secure and reliable from build to runtime.
• UVIONIX — Uvionix deploys Autonomous Flying Robots (AFRs) to monitor and report live data, ensuring a comprehensive view of operations, workflow efficiency, and near 100% inventory level accuracy. The system creates live digital twins of warehouse spaces, meticulously tracking each material movement. Delivering precise, unbiased data, and being immune to human error, the platform drastically enhances material planning, reduces stock losses, and lowers labor costs.
• Giraffe360 — Giraffe360 is game-changing subscription product for real estate companies to streamline professional quality photography and high accuracy floor plan creation.

Portfolio highlights

• Envio — Index, query, and stream real-time blockchain data for Web3 apps across any EVM chain, plus Solana and Fuel.
• Superform Labs — THE UNIVERSAL INTERFACE FOR YIELD IS FORMING
• Ceramic Network — Ceramic Network is a provider of protocols for decentralized and composable data applications. The network decentralizes application databases, making data universally composable and reusable across applications. It consists of three core parts: a highly-scalable, decentralized infrastructure for data availability and consensus, a marketplace ofcommunity-created data models, and a suite of standard APIs for storing, updating, and retrieving data from those models.

Portfolio highlights

• Me3 — Me3 is a crypto wallet to purchase, send, receive, and exchange tokens and NFTs.
• dKloud — dKloud is an enterprise-level cloud platform that helps customers build better software and more efficiently through our products.
• Cluster Protocol — Cluster Protocol is the co-ordination layer for AI agents, a carnot engine fueling the AI economy making sure the AI developers are monetized for their AI models and users get an unified seamless experience to build that next AI app/ agent within a virtual disposable environment facilitating the creation of modular, self-evolving AI agents.

Portfolio highlights

• SolRazr — SolRazr is the first decentralized developer ecosystem for Solana, offering Launchpad, Accelerator, and Developer Tools.
• Exotic Markets — Exotic Markets bring wealth management and structured products out of the bank and in the decentralized finance world. Exotic Markets Maximise the investments with simple and sustainable products.
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Portfolio highlights

• Haiku — Haiku is a DeFi platform that lets users execute complex multi-chain trades and strategies in simple, optimized transactions.
• DeCharge Network — DeCharge Network lays the groundwork for a global energy network that will power automobiles, drones, and future technology.
• Schuman Financial — Schuman Financial develops technologies, infrastructure, and products that bring financial services on-chain.