Top 25 Hardware Startup Investors in Bulgaria in January 2026

Portfolio highlights

• LAM'ON — LAM'ON OOD was created with the intention of creating a product that would be recyclable or compostable, improve environmental and human health safety, and readily replace the existing petroleum-based plastic solutions.
• Bitloops — Bitloops is an AI-powered application development platform that enables organizations to develop, maintain, and operate complex web applications with ease. It helps you easily modify system designs, deploy applications to production, and manage changes, new features, and products. The platform enables teams to innovate quickly and grow the productor business without compromising the product's usability, extendability, or maintainability. Bitloops makes it simpler than ever to create high-quality software utilizing best practices and techniques like DDD, BDD, TDD, hexagonal architecture, clean architecture, ports and adapters, CQRS, and event sourcing suitable for extending legacy systems as well as new initiatives.
• Outfindo — Making bikes & e-bikes buying easy

Portfolio highlights

• AMPECO — AMPECO enables large-scale EV charging providers to launch and scale their business operations under their own brand. The company offers a white-label and hardware-agnostic EV charging management platform to cover all business cases - public, private, and home charging. Advanced energy management, flexible billing and subscription management,automatic maintenance algorithms, and inter-operator roaming are some of the platform’s key components. With security and scalability at its core, the platform allows large-scale operators like energy companies, oil and gas, fleets, hardware manufacturers and installers to achieve quick go-to-market in a few months with a ready-made platform combined with unmatched flexibility and extensibility via APIs. AMPECO supports more than 110 charging network operators in over 45 markets and has been globally recognized by Frost & Sullivan for its superior technological innovation and strategic development with the 2022 Global Product Leadership Award.
• 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.

Portfolio highlights

• Edgar — Edgar believes that a good story can beat even the biggest of marketing budgets. This is especially true for SMBs and all the crafters and makers out there. Instead of spending big on traditional advertising, brands should engage their peers with great content. To fix the industry, they created Edgar. Edgar gives brands the tools and access to thebest creatives (brand storytellers, writers, illustrators), so that they can delight their customers with awesome stories. StoryMarket is the place where Edgar hosts a hand-picked selection of storytellers from around the world. From copywriters, journalists, editors, illustrators, photographers to animators, outreach experts and community managers, they have the talent needed to craft awesome brand stories. Edgar handles strategy, management, creation and distribution of content. The scope of the campaign depends on each customer. Creating the brief and defining the scope is as easy as ordering a frozen yogurt. From a single piece of content, to a set of Instagram/Vine videos, or dedicated storytelling expert that sticks with the brand forever and ever. Edgar makes sure the content is nothing less than perfect and is delivered to you in record time (first piece no later than 10 working days). The creatives and freelancers working with Edgar benefit from their lightweight yet powerful storytelling tools. StoryCrafter is a tool for short, visual stories. Stories take the form of visualized storylines with interactive elements that boost engagement. You create the story by drag and dropping your photos, Instagrams, Vine or YouTube videos and spicing it up with short captions. Brands equip the stories with their contact, brief information and a call to action at the end of the story. Etsy artists for example sell their products straight from the story, while wineries invite people for a wine tasting. Sharing and embedding is done in seconds, while they make sure the story looks and feels exactly the same wherever. Be it web, mobile or tablets. With each story, the Edgar community is growing. A community of freelance storytellers that Edgar empowers with tools and opportunity to be rewarded for their skills. And a community of active visitors who return to be inspired by great content every single day. Brands and individuals benefit greatly from Edgar as it helps them engage their potential customers. And helps them convert existing customers into fans. At the end, there’s no more powerful instrument than people telling stories about your brand.
• Native Teams — With the Native Teams platform, you can easily hire anyone, anywhere as an employer or get an employed status if you're working as a freelancer. Explore our international EOR and PEO services and start working remotely with full compliance.
• Join The Players — Join The Players is a tech company that brings the sports experience to the next level by providing automatic video, highlights, and statistics of mini-football games.

Portfolio highlights

• Pago — Managing and paying utility bills, insurance, mobile top-ups and taxes takes too much time for many households in Europe. Pago simplifies these payments by adding automation where possible, using integrations with billers, insurers and online platforms to dramatically reduce the time needed for all these payments. The service is available in theB2C app called Pago and through B2B integrations by embedding Pago features in partner apps through SDK or API. Pago's services are used by over 500k monthly active users in Romania, Poland and Italy.
• Bright Spaces — Reshaping the leasing experience for tenants, agents, and landlords using cutting-edge technologies. We deliver a unique showcasing experience 100% remotely.
• Footprints AI — Footprints is one of the most advanced AI-driven Retail Media platforms in the world, helping physical retailers generate a new high profit margin revenue in 3 months or less.Retail Media will be a $100 billion market by 2025. This means that 1 in 4 dollars in digital ad spend will be on media platforms that leverage intent-based customerbehavior data.Footprints is part of the global Microsoft Pegasus program, a cohort of 12 high-impact AI startups worldwide with the most viable solutions to transform the physical retail model into an AI-driven business model.Footprints' unique technology enables physical retailers to turn anonymous traffic into profitable, predictable audiences by leveraging our proprietary offline-to-online behavioral data fusion, artificial intelligence and algorithmic automation.Since 2017, Footprints has pioneered AI technologies that enable physical retailers to: - Enable an automated omnichannel retail media service - Become the brand of choice in local communities - Expand more profitably into new local communitiesFootprints is currently working with Tier 1 retailers and retail properties to transform their offline and online visitors into retail media.Every day, Footprints orchestrates and processes billions of visits, searches, and purchases from offline and online retail environments for YOU, to meet your customers' needs better than ever before. The result? A seamless shopping experience, more customers, more sales, and a new high profit margin revenue.Retail Media is the #1 priority for retailers everywhere, who can now offer personalized and curated content to their customers around the world.

Portfolio highlights

• RobCo — Easily automate the repetitive tasks in your production facility with modular industrial robots from RobCo.
• BioThrust — Our Bionic Bioreactors are the first ever solution to controllable & scalable cell therapy manufacturing and stem cell-based biomanufacturing.
• Collie — Discover how Collie helps farmers achieve higher grass yields, increased milk production, and reduced labor. Manage your pastures easily with our innovative app.

Portfolio highlights

• Delivers.AI — Delivery droid operator
• Tiger Technology — Turn storage into competitive advantage with Tiger Bridge. Cut costs 60%, improve utilization 10X, seamless cloud extension without changing workflows.
• Crackle Technologies — Crackle Technologies is a vibrant digital publisher ecosystem which is essential for a healthy and useful internet.

Portfolio highlights

• EnduroSat — At EnduroSat, we engineer, build and operate exceptional satellites. Our Mission is to make space universally accessible.
• Cyberwrite — TRUSTED BY INDUSTRY LEADERS One platform to accelerate value across the cyber insurance lifecycle THE LATEST FROM CYBERWRITE
• GemmaCert — GemmaCert is a smart solution for testing cannabis potency, which unlike other solutions, is simple and sleek, for everyday use, requiring no specific skill-set for operation, and whose form gives little indication to the sophistication of the technology working underneath. GemmaCert is a bridge between technology and nature. This design createdthe desired attractive and useful man-machine interface for the best possible user experience along with a well-defined product with aesthetic presence without sacrificing on performance. GemmaCert is making a name for high performance, robustness, ease-of-use and reliability.No cannabis flower is the same, so before anyone consumes cannabis, they should have an understanding exactly what is in it and how it may affect them. From pharmacies in Germany, coffeeshops in Amsterdam, to supply chain stakeholders in North America, GemmaCert brings certainty and confidence to cannabis professionals, as well as consumers and patients worldwide.After over two years in research and development, GemmaCert started delivering first units to customers worldwide, primarily in North America and Europe. Revenues are generated from device sales and monthly subscription fees to our analytical service since GemmaCert units are operated and upgraded via secure cloud-based servers.

Portfolio highlights

• Edgar — Edgar believes that a good story can beat even the biggest of marketing budgets. This is especially true for SMBs and all the crafters and makers out there. Instead of spending big on traditional advertising, brands should engage their peers with great content. To fix the industry, they created Edgar. Edgar gives brands the tools and access to thebest creatives (brand storytellers, writers, illustrators), so that they can delight their customers with awesome stories. StoryMarket is the place where Edgar hosts a hand-picked selection of storytellers from around the world. From copywriters, journalists, editors, illustrators, photographers to animators, outreach experts and community managers, they have the talent needed to craft awesome brand stories. Edgar handles strategy, management, creation and distribution of content. The scope of the campaign depends on each customer. Creating the brief and defining the scope is as easy as ordering a frozen yogurt. From a single piece of content, to a set of Instagram/Vine videos, or dedicated storytelling expert that sticks with the brand forever and ever. Edgar makes sure the content is nothing less than perfect and is delivered to you in record time (first piece no later than 10 working days). The creatives and freelancers working with Edgar benefit from their lightweight yet powerful storytelling tools. StoryCrafter is a tool for short, visual stories. Stories take the form of visualized storylines with interactive elements that boost engagement. You create the story by drag and dropping your photos, Instagrams, Vine or YouTube videos and spicing it up with short captions. Brands equip the stories with their contact, brief information and a call to action at the end of the story. Etsy artists for example sell their products straight from the story, while wineries invite people for a wine tasting. Sharing and embedding is done in seconds, while they make sure the story looks and feels exactly the same wherever. Be it web, mobile or tablets. With each story, the Edgar community is growing. A community of freelance storytellers that Edgar empowers with tools and opportunity to be rewarded for their skills. And a community of active visitors who return to be inspired by great content every single day. Brands and individuals benefit greatly from Edgar as it helps them engage their potential customers. And helps them convert existing customers into fans. At the end, there’s no more powerful instrument than people telling stories about your brand.
• Outfindo — Making bikes & e-bikes buying easy
• Join The Players — Join The Players is a tech company that brings the sports experience to the next level by providing automatic video, highlights, and statistics of mini-football games.

Portfolio highlights

• Langaware — Our use of language and speech can provide a window into our brain's health. When we speak, complex neural networks work together to form our thoughts and ideas. Utilizing our patented system and proprietary biomarkers.
• Vivian Lab — Vivian Lab is a women's digital health startup. It integrates menopause education, telehealth, personalized treatment regimens, community support, and AI assistants.
• Join The Players — Join The Players is a tech company that brings the sports experience to the next level by providing automatic video, highlights, and statistics of mini-football games.

Portfolio highlights

• ONDO Smart Farming Solutions — Precise drip irrigation management and control, precise plant nutrition and climate control for various crops - ONDO Smart Farming solutions.
• Releva — Releva provides the global rails for real-time revenue operations and recommits to empathy in automated brand communication. Releva is the only AI-first growth platform that optimizes customer experiences by providing a deeper understanding of the needs of each customer.Releva is a one-stop solution for eCommerce sales and marketing. Itcombines tools to measure, attribute, experiment, analyze, predict and automate your growth in real-time on a single dashboard. Releva combines user needs with your sales strategy to optimize for expected, timely, and engaging communication.
• Biodit Global Technology JSC — Biodit Global Technology is a tech company that specializes in development of state-of-the-art biometric security systems.BIODIT means innovation, comfort, design but above all, it means the highest level of SECURITY. Endless areas of application - healthcare industry, business and office centers, commercial and residential buildings,hospitality, banking and automotive industries.The areas of application of our unique biometric technology for access control, time attendance monitoring and management of operations, just to name a few, are endless - healthcare industry, business and office centres, commercial and residential buildings, hospitality industry, university centres, banking industry, automotive industry, security companies etc.

Portfolio highlights

• Ekmob — Ekmob creates mobile projects for companies which have mobile field teams and operations.Companies with mobile teams and field operations have some common problems such as inefficiency in management of mobile teams, communication difficulties, inability to get instant data from field, offline mobile team on the field. All these problems lead tolack or deficiency in decision-support systems.
• Getmobil — Getmobill offers services in refurbished devices and their sale and resale.
• Carbon Centrum — Our innovative platform autonomously tracks individual CO2 footprints, creating first-ever Carbon IDs representing data-backed offsets. Companies competitively purchase these offsets via our platform, seamlessly connecting individuals, brands, and carbon markets.Users adopt eco-friendly habits, reduce emissions, and receive compensation.Companies purchase actual offsets towards net zero & create a new bridge toward insight & prediction into employee and customer demands.

Portfolio highlights

• Param — Nakit iade avantaj
• EnduroSat — At EnduroSat, we engineer, build and operate exceptional satellites. Our Mission is to make space universally accessible.

Portfolio highlights

• Vocca — Vocca manages your patient calls, bookings, and reminders 24/7 so your team spends less time on admin and more time on care. Tailored to all specialties. Trusted by thousands.
• Finary — Finary is a platform that allows everybody to better track and manage their wealth.
• Runware — Runware provides lightning-fast text-to-image and image-to-image generation speeds—0.3 seconds for SD 1.5 and 0.9 seconds for SDXL, all through one powerful API.

Portfolio highlights

• Solynta — Welcome to the homepage of Solynta, leader in hybrid potato breeding and development of hybrid true potato seeds with attractive traits.
• Evaxion Biotech — Evaxion Biotech A/S is a clinical-stage AI-immunology™ platform company decoding the human immune system to discover and develop novel immunotherapies to treat cancer and infectious diseases. Based on its proprietary and scalable AI-immunology core technology, Evaxion is developing a broad pipeline of novel product candidates which currentlyincludes three patient-specific cancer immunotherapies, two of which are in Phase I/IIa clinical development. In addition, Evaxion is advancing a portfolio of vaccines to prevent bacterial and viral infections with one program currently in preclinical development against S. aureus (including Methicillin-resistant S. aureus) induced skin and soft tissue infections.
• Electrica — Electrica is a holding company involved in projects connected to the provision of power to final consumers as well as the development and operation of electrical distribution networks. It primarily serves as the principal electricity supplier in and throughout the town as well as an electricity distribution operator. The following segments make upthe company's business: electricity and gas supply, which is involved in acquiring and providing electricity and gas to end users, electricity generation, which produces electricity, electricity distribution, which offers services related to electricity distribution, external electricity network services, which provides maintenance, repairs, and other services for electricity networks owned by other distributors, and electricity distribution.

Portfolio highlights

• EuroPATC — EuroPATC is a new startup company established in June 2015. Their mission is to help parents and guardians of children (people) with autism to overcome one of their biggest fears - a fear of a lost child - a fear that their loved one is left without the necessary help in times when it is crucial. Their product is a tracking device that integratesadvanced cutting-edge technology with only one purpose, uncompromisingly child safety. The device has been designed in the form of wearable. The service that we provide to users will be one-of-its-kind, carefully designed for children (people) with autism. Their vision, like our mission, is to bring reliable solution and to help parents to OUTRUN THEIR WORST FEAR!

Portfolio highlights

• EuroPATC — EuroPATC is a new startup company established in June 2015. Their mission is to help parents and guardians of children (people) with autism to overcome one of their biggest fears - a fear of a lost child - a fear that their loved one is left without the necessary help in times when it is crucial. Their product is a tracking device that integratesadvanced cutting-edge technology with only one purpose, uncompromisingly child safety. The device has been designed in the form of wearable. The service that we provide to users will be one-of-its-kind, carefully designed for children (people) with autism. Their vision, like our mission, is to bring reliable solution and to help parents to OUTRUN THEIR WORST FEAR!

Portfolio highlights

• EuroPATC — EuroPATC is a new startup company established in June 2015. Their mission is to help parents and guardians of children (people) with autism to overcome one of their biggest fears - a fear of a lost child - a fear that their loved one is left without the necessary help in times when it is crucial. Their product is a tracking device that integratesadvanced cutting-edge technology with only one purpose, uncompromisingly child safety. The device has been designed in the form of wearable. The service that we provide to users will be one-of-its-kind, carefully designed for children (people) with autism. Their vision, like our mission, is to bring reliable solution and to help parents to OUTRUN THEIR WORST FEAR!

Portfolio highlights

• Ryder — 60s Setup, Secure Signing, EAL6+ Secure Element, TapSafe Recovery, IP68 Rating, Encrypted NFC.
• EYWA — EYWA designs the best processes and products to boost the adoption of psychedelic medicine, harnessing the power of biosynthesis.
• SignalRank — The Venture Capital Index

Portfolio highlights

• Hypercraft — Turn-key electric drive systems for today's e-mobility demands and tomorrow's wildest creations.
• Regent — We build all-electric, passenger-carrying, wing-in-ground-effect vehicles to service coastal routes with technology available today.
• HawkEye 360 — HawkEye 360 is a data analytics company that develops space-based radio frequency mapping. The company operates a commercial satellite constellation to identify, process, and geolocate a broad set of RF signals. Its products include maritime domain awareness and spectrum mapping and monitoring; our customers include a wide range of commercial,government, and international entities.It was founded in 2015 and is headquartered in Herndon, Virginia.

Portfolio highlights

• Cortex — Cortex makes it easy for engineering organizations to gain visibility into their services and deliver high quality software.
• Cortex — Cortex makes it easy for engineering organizations to gain visibility into their services and deliver high quality software.
• Stoke — Voice of Eastern Nazarene College students since 1933

Portfolio highlights

• GenePlanet — GenePlanet is a European company active in the field of biotechnology, specializing in genetic testing and research. They specialize in preventive genetic tests that are intended for the end user, but they also offer clinical genetic tests which help doctors with their therapeutic procedures. Their tests adhere to the highest standards of qualityand are based on the latest scientific discoveries. They provide people with information which can help them adjust their lifestyle accordingly and take measures that will provide additional protection from health risks due to genetic predispositions.
• Software Group — Software Group is a global technology company that helps financial service providers digitize their business, extend outreach and improve efficiency.
• ASTRAL Holidays — ASTRAL Holidays is currently the Bulgarian tour operator. The company is the exclusive partner of Thomas Cook for the Bulgarian market since 2013, a partnership which services close to 200,000 incoming tourist annually. Astral is also an exclusive partner for BCD travel, the second largest player globally in the travel industry, covering 110countries and employing more than 11,000 professionals.

Portfolio highlights

• Apricity — APRICITY is the world's first virtual fertility clinic. It aims at disrupting the fertility treatment experience and at improving chances for women and couples who have difficulties to conceive using data and Artificial Intelligence. The project is led by prominent entrepreneurs, medical practitioners, committed executives and data scientistswith a proven track record.
• Kardi Ai — With Kardi AI, we aim to offer medical grade cardiac home monitoring for a low cost by utilizing AI to achieve EKG level performance from a low-cost wearable that is available to the patient any time they need it. The Kardi AI kit is available from your cardiologist and contains all you'll need to have at home, cardiac monitoring whenever youneed. Kardi AI's artificial neural network will monitor and diagnose your heart every day, letting you know if you should contact your doctor or go to the emergency room.
• WiseBee Hive — WiseBee is building the future of autonomous cybersecurity. Powered by AI agents, WiseBee helps companies monitor their attack surface, assess third-party risk, and fix vulnerabilities - automatically. Designed for mid-market and fintech organizations, WiseBee replaces fragmented tools with a unified, intelligent security platform that saves teamstime, reduces costs, and improves security outcomes.

Portfolio highlights

• EuroPATC — EuroPATC is a new startup company established in June 2015. Their mission is to help parents and guardians of children (people) with autism to overcome one of their biggest fears - a fear of a lost child - a fear that their loved one is left without the necessary help in times when it is crucial. Their product is a tracking device that integratesadvanced cutting-edge technology with only one purpose, uncompromisingly child safety. The device has been designed in the form of wearable. The service that we provide to users will be one-of-its-kind, carefully designed for children (people) with autism. Their vision, like our mission, is to bring reliable solution and to help parents to OUTRUN THEIR WORST FEAR!

Portfolio highlights

• Payhawk — Payhawk is a spending software that simplifies expenses, payments, and card spending for growing businesses. The company's platform enables financial officers and business owners to manage the entire spending lifecycle end-to-end. It collects and analyzes receipts, invoices, and card transactions to help stay in control of the budget with nopaperwork for the employees. With its paperless corporate card linked to an automated expense management, Payhawk provides a product on top of existing banks.Payhawk was founded in 2018 and is headquartered in London, England.
• Reloyalty — We turn every bank card in Europe into a loyalty card. Reloyalty is a fully automated and personalised loyalty platform on top of card payments leveraging Open Banking / PSD2. We enable users to connect existing bank cards to Reloyalty and unlock 10-50% in reward value from their every day shopping. Participating retailers and banks can getaccess to data about their most valuable customers based on purchasing patterns and launch loyalty campaigns with measurable ROI.Reloyalty was founded with the goal of helping businesses identify their most passionate customers and helping those people get treated as such. They believe that the their relationship with the places where they shop, eat and meet with people are more than transactional.
• Icanpreneur — Icanpreneur is the first startup platform that works like an AI co-founder helping you go from raw idea to real traction

Portfolio highlights

• Payhawk — Get 100% real-time visibility & control on operational spend and cut manual work by 50% with a spend management platform designed with financial teams in mind.
• Reloyalty — We turn every bank card in Europe into a loyalty card. Reloyalty is a fully automated and personalised loyalty platform on top of card payments leveraging Open Banking / PSD2. We enable users to connect existing bank cards to Reloyalty and unlock 10-50% in reward value from their every day shopping. Participating retailers and banks can getaccess to data about their most valuable customers based on purchasing patterns and launch loyalty campaigns with measurable ROI.Reloyalty was founded with the goal of helping businesses identify their most passionate customers and helping those people get treated as such. They believe that the their relationship with the places where they shop, eat and meet with people are more than transactional.
• UPPER — Upper enables start-ups, businesses, and organizations to find and hire quality tech talent to work full-time, part-time, or hourly