# Top 35 Health Care Startup Investors in Bulgaria in June 2026

## Eleven Ventures
- Type: VC Fund
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 10
- 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.

## Speedinvest
- Type: VC Fund
- Location: Vienna, Wien, Austria
- Relevant deals: 4
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, FinTech, Financial Services

Speedinvest is a globally active European venture capital firm built on a simple belief: many move more.
From six offices across EMEA, our sector-focused investment teams back relentless founders from pre–Seed to Growth with long-term conviction, providing day-one access to our global network of corporate customers, experts, industry leaders, andtop-tier follow-on investors to scale smarter and faster.
Building lasting companies like Bitpanda (Austria), Moove (Nigeria), Gigs (U.S.), Tide (UK), ARX Robotics (Germany), Wayflyer (Ireland), GoStudent (Austria), Seqera Labs (Spain), and Cylib (Germany) — together.
Big ideas may start with one. But scaling and winning take The Power of More.

## Cherry Ventures
- Type: VC Fund
- Location: Berlin, Berlin, Germany
- Relevant deals: 3
- Stages: Seed, Series A, Series B
- Focus: Software, Information Technology, Financial Services

Cherry Ventures is an early-stage venture capital firm led by a team of entrepreneurs with experience building fast-scaling companies such as Zalando and Spotify. The firm backs Europe's boldest founders, usually as their first institutional investor, and supports them in everything from their go-to-market strategy and the scaling of theirbusinesses. Cherry Ventures has previously invested in the seed stage of over 50 companies across Europe, including FlixBus, Auto1 Group, Infarm, Rows, Forto, and TourRadar. Cherry Ventures is based in Berlin and invests across Europe with operations in London, Paris, and Stockholm.

## HV Capital
- Type: VC Fund
- Location: Munich, Bayern, Germany
- Relevant deals: 2
- Stages: Series A, Seed, Series B
- Focus: E-Commerce, Software, Internet

We support exceptional founders in building market leading digital companies.

## SquareOne Venture Capital
- Type: VC Fund
- Location: Berlin, Berlin, Germany
- Relevant deals: 2
- Stages: Seed, Series A, Series B
- Focus: Software, SaaS, Machine Learning

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

## LAUNCHub Ventures
- Type: VC Fund
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 2
- Stages: Seed, Series A, Pre-Seed
- 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. 

## Simeon Tyutyundjiev
- Type: Angel
- Relevant deals: 1
- Stages: Seed
- Focus: Medical, Health Care, Clinical Trials

Simeon Tyutyundjiev

## Maximilian Reiter
- Type: Angel
- Relevant deals: 1
- Stages: Seed
- Focus: Medical, Medical Device, Musical Instruments

Maximilian Reiter

## Vitosha Venture Partners
- Type: VC Fund
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 1
- Stages: Pre-Seed, Seed
- Focus: Software, Marketplace, Information Technology

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

## Force Over Mass Capital
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Software, Information Technology, FinTech

Force Over Mass Capital is an FCA regulated venture capital firm focused on early stage technology investments across UK and Europe. We invest in B2B innovation across four verticals, i.e. Fintech, Artificial Intelligence, SaaS and Industry 4.0.FOM cap operates both seed and scale-up funds to support early stage businesses through their growthjourney.

## Dalibor Jevtic
- Type: Angel
- Location: Belgrade, Vojvodina, Serbia
- Relevant deals: 1
- Stages: Angel
- Focus: Hardware, Child Care, Cloud Computing

Dalibor Jevtic

## Zoran Arsovski
- Type: Angel
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 1
- Stages: Seed, Angel, Pre-Seed
- Focus: Software, FinTech, Internet

Zoran and his team focus on Digital Marketing Consulting for B2B growth-stage companies supported by the leading technology VC funds.

## Bertelsmann Healthcare Investments
- Type: VC Fund
- Relevant deals: 1
- Stages: Series A
- Focus: Medical, Medical Device, Musical Instruments

Bertelsmann Healthcare Investments (BHI) is a recently launched, independent transatlantic investment firm focused on healthcare, backed by Bertelsmann Investments. It targets high-growth, technology-driven healthcare companies, providing capital from early stages through expansion, along with sector expertise and networks.

## KAYA
- Type: VC Fund
- Location: Prague, Hlavni mesto Praha, Czech Republic
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Health Care, Internet

We are committed to supporting founders at every stage of their journey, from studio projects and pre-seed through to Series A and follow-ons.

## Sven Jungmann
- Type: Angel
- Location: Berlin, Berlin, Germany
- Relevant deals: 1
- Stages: Seed
- Focus: Medical, Medical Device, Musical Instruments

As a physician, I cherished every life touched, every suffering eased; yet I yearned for more - a greater, scalable social impact. I dreamt of a world where my own reach was not limited by the confines of time or distance, where every doctor could harness the power of technology to multiply their healing touch. Today, this dream takes shape throughour breath diagnostics company, where we strive to equip hundreds of thousands of doctors worldwide with our pioneering technology, thereby transforming patient care. We are crafting a future where technology and compassion converge, redefining the boundaries of what we, as physicians, can achieve for our patients.

## Bulgarian Development Bank
- Type: VC Fund
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 1
- 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.

## 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

## Velizar Velichkov
- Type: Angel
- Relevant deals: 1
- Stages: Seed
- Focus: Medical, Health Care, Clinical Trials

Velizar Velichkov

## Matthias Hilpert
- Type: Angel
- Location: Berlin, Berlin, Germany
- Relevant deals: 1
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, SaaS, Information Technology

Matthias Hilpert - CEO @ MH2 Capital

## Miodrag Stankovic
- Type: Angel
- Location: Nis, Vojvodina, Serbia
- Relevant deals: 1
- Stages: Angel
- Focus: Hardware, Child Care, Cloud Computing

Miodrag Stankovic

## Hristo Hristov
- Type: Angel
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Angel
- Focus: Software, E-Commerce, Internet

Hristo Hristov - Chief Executive Officer @ DarikNews.bg

## Tobias Bruhne
- Type: Angel
- Location: Berlin, Berlin, Germany
- Relevant deals: 1
- Stages: Seed
- Focus: Medical, Medical Device, Musical Instruments

As a co-founder and managing director of GoLiving, Tobias is responsible for real estate acquisition, member relations and finance.Tobias studied Business at WHU and has 10+ years of experience in business and management consulting, digital industries and hyper-growth startups, focusing on customer experience, subscription e-commerce, realestate, data & analytics, and holding positions both at startups and large established corporates.

## Sebastian Schaal
- Type: Angel
- Location: Munich, Bayern, Germany
- Relevant deals: 1
- Stages: Pre-Seed
- Focus: Privacy, Software

Sebastian Schaal is the founder of Luminovo.

## Vihren Ganev
- Type: Angel
- Relevant deals: 1
- Stages: Seed
- Focus: Medical, Health Care, Clinical Trials

Vihren Ganev

## Sevdalina Vassileva
- Type: Angel
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 1
- Stages: Angel
- Focus: Hardware, Child Care, Cloud Computing

Sevdalina Vassileva - Business developer @ EuroPATC

## Martin Schödel
- Type: Angel
- Relevant deals: 1
- Stages: Seed
- Focus: Medical, Medical Device, Musical Instruments

Martin Schödel

## Neo Gravity
- Type: VC Fund
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 1
- 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.

## 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.

## Denislav Georgiev
- Type: Angel
- Relevant deals: 1
- Stages: Seed
- Focus: Medical, Health Care, Clinical Trials

Denislav Georgiev

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

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.

## Philipp Albrecht
- Type: Angel
- Relevant deals: 1
- Stages: Seed
- Focus: Medical, Medical Device, Musical Instruments

Philipp Albrecht

## Dejan Pejcic
- Type: Angel
- Location: Nis, Vojvodina, Serbia
- Relevant deals: 1
- Stages: Angel
- Focus: Hardware, Child Care, Cloud Computing

Dejan Pejcic

## Morningside Hill Capital Management
- Type: VC Fund
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 1
- Stages: Seed
- Focus: Software, AgTech, Farming

Private investment partnership

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

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

## Matthias Weber
- Type: Angel
- Location: Nußloch, Baden-Wurttemberg, Germany
- Relevant deals: 1
- Stages: Seed
- Focus: Medical, Medical Device, Musical Instruments

Matthias Weber - President @ Leica Biosystems
