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Top 15 Medical Device Startup Investors in Bulgaria (June 2026)

The most active venture capital funds and angel investors investing in Bulgaria Medical Device startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Bulgaria Medical Device startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Speedinvest
VC Fund
4 United Kingdom, Germany, Austria Seed, Series A, Pre-Seed Software, FinTech, Financial Services $549k–$38M
Cherry Ventures
VC Fund
3 Germany, United Kingdom, United States Seed, Series A, Series B Software, Information Technology, Financial Services $2M–$110M
Eleven Ventures
VC Fund
3 Bulgaria, United States, United Kingdom Seed, Convertible Note, Pre-Seed Software, SaaS, Information Technology $27k–$2.3M
SquareOne Venture Capital
VC Fund
2 Germany, United States, Sweden Seed, Series A, Series B Software, Machine Learning, Artificial Intelligence $1M–$30M
HV Capital
VC Fund
2 Germany, United Kingdom, United States Series A, Seed, Series B E-Commerce, Software, Internet $1.5M–$80M
Philipp Albrecht
Angel
1 Bulgaria Seed Medical, Medical Device, Musical Instruments
Sebastian Schaal
Angel
1 Germany Pre-Seed Privacy, Software
Sven Jungmann
Angel
1 Bulgaria Seed Medical, Medical Device, Musical Instruments
Matthias Weber
Angel
1 Bulgaria Seed Medical, Medical Device, Musical Instruments
LAUNCHub Ventures
VC Fund
1 Bulgaria, United Kingdom, United States Seed, Series A, Pre-Seed Software, SaaS, Internet $44k–$58M
Martin Schödel
Angel
1 Bulgaria Seed Medical, Medical Device, Musical Instruments
Maximilian Reiter
Angel
1 Bulgaria Seed Medical, Medical Device, Musical Instruments
Matthias Hilpert
Angel
1 Germany, United Kingdom, United States Seed, Series A, Pre-Seed Software, SaaS, Information Technology $800k–$14M
Tobias Bruhne
Angel
1 Bulgaria Seed Medical, Medical Device, Musical Instruments
SquareOne
VC Fund
1 Germany, United States, Poland Seed, Series A Software, SaaS, E-Commerce $329k–$17M
Access all 17 investors in Bulgaria Medical Device startups.

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Investor list

Speedinvest
VC Fund · Vienna, Wien, Austria · 4 investments in Bulgaria Medical Device startups

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.

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Investment focus

  • Industry: Software, FinTech, Financial Services
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United Kingdom, Germany, Austria

Investor stats

  • Total investments: 528
  • Round size: Seed $823k–$8M; Pre-Seed $549k–$3.8M; Series A $3.7M–$38M
  • Lead/follow: 42% lead, 58% follow
  • Last fund: Likely still investing — raised $384M in 2022

Portfolio highlights

  • Findery — Find and leave notes anywhere in the world, discover local knowledge, hidden secrets, and exciting stories. Share your travel knowledge, geoblog, or local news!
  • MinersAI — Unlock valuable insights from intricate geological data with Miners AI. Our AI-driven platform empowers exploration teams to make informed decisions and optimize mining operations.
  • Primer — Primer is the first open automation platform for payments, enabling you to build end-to-end payment flows with no code, and a checkout developers love.
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Cherry Ventures
VC Fund · Berlin, Berlin, Germany · 3 investments in Bulgaria Medical Device startups

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.

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Investment focus

  • Industry: Software, Information Technology, Financial Services
  • Stage:Seed, Series A, Series B
  • Geography: Germany, United Kingdom, United States

Investor stats

  • Total investments: 262
  • Round size: Seed $2M–$14M; Series A $7M–$44M; Series B $14M–$110M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely still investing — raised $340M in 2022

Portfolio highlights

  • Medoma — Medoma is a Swedish virtual ward company that offer patients acute hospital care in their home instead of in the hospital.
  • Sphinx — AI compliance analysts for banks and fintechs.
  • Bits Technology — Bits Technology connects data sources & orchestrates workflows for financial tech services.
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Eleven Ventures
VC Fund · Sofia, Grad Sofiya, Bulgaria · 3 investments in Bulgaria Medical Device startups

We empower local heroes to build global success. Eleven is an early-stage VC investing in technology companies in Southeast Europe.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Seed, Convertible Note, Pre-Seed
  • Geography: Bulgaria, United States, United Kingdom

Investor stats

  • Total investments: 144
  • Round size: Seed $27k–$2.3M; Pre-Seed $219k–$800k; Convertible Note $27k–$121k
  • Lead/follow: 38% lead, 62% follow
  • Last fund: Likely still investing — raised $68M in 2022

Portfolio highlights

  • Flataway.ai — Flataway - the home of subscription living. Live & work from anywhere in a trusted proffessionally managed accomodation.
  • nFuse.ai — nFuse.ai is an AI‑powered B2B sales platform focused on fast‑moving consumer goods (FMCG), positioning itself as an “ordering and communication layer” between brands and their distribution networks.
  • Blue Longevity — Blue Longevity is a supplier of longevity medicine that offers evidence-based, individualized, and integrated approaches to improve longevity and encourage good aging. It uses digital coaching in conjunction with state-of-the-art diagnostics, lifestyle medicine, and regenerative therapies to develop customized workout, stress-reduction, and dietplans.
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SquareOne Venture Capital
VC Fund · Berlin, Berlin, Germany · 2 investments in Bulgaria Medical Device startups

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

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Investment focus

  • Industry: Software, Machine Learning, Artificial Intelligence
  • Stage:Seed, Series A, Series B
  • Geography: Germany, United States, Sweden

Investor stats

  • Total investments: 53
  • Round size: Seed $1M–$8M; Series A $4.2M–$20M; Series B $5M–$30M
  • Lead/follow: 42% lead, 58% follow

Portfolio highlights

  • Hygraph — A GraphQL-native headless CMS that marketers and developers love. Structure content, scale with AI, and launch faster across every channel.
  • Hero — Hero is a B2B payments and financing platform, offer direct online payment experience and receive your money immediately.
  • Wandelbots — We make robots usable for everyone. Learn how our easy-to-use software solutions can empower your organization to work with robots.
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HV Capital
VC Fund · Munich, Bayern, Germany · 2 investments in Bulgaria Medical Device startups

We support exceptional founders in building market leading digital companies.

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Investment focus

  • Industry: E-Commerce, Software, Internet
  • Stage:Series A, Seed, Series B
  • Geography: Germany, United Kingdom, United States

Investor stats

  • Total investments: 436
  • Round size: Seed $1.5M–$12M; Series A $3.3M–$34M; Series B $7.5M–$80M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: Likely still investing — raised $834M in 2023

Portfolio highlights

  • Floy — Floy develops AI-driven software that supports radiologists in detecting complex and hard-to-identify diseases. The collaboration of Floy-AI and radiologists ensures optimal patient outcomes by enabling the early detection and thus early treatment of diseases.One of Floy’s distinguishing features is our innovative incentive structure. We partnerwith radiology offices to jointly offer patients our AI as a “second opinion”. This unique approach motivates radiologists to embrace Floy-AI and encourages widespread adoption.Since its establishment in 2021, Floy secured €8.8 million in funding and rapidly expanded its presence with over 150 radiology locations to date. Floy’s overarching mission is to pioneer proactive medicine by providing exceptional AI-powered diagnostic experiences for health-conscious patients.
  • Exein — The firmware security software and middleware can be injected like a vaccine in the hardware and aims to defend it from inside, working directly into the firmware at a lower level.
  • Acurast — Acurast Decentralized Serverless Cloud, leveraging the multipliers of mobile phones for compute.
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Philipp Albrecht
Angel · 1 investments in Bulgaria Medical Device startups

Philipp Albrecht

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Investment focus

  • Industry: Medical, Medical Device, Musical Instruments
  • Stage:Seed
  • Geography: Bulgaria

Investor stats

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

Portfolio highlights

  • Flinn — We are driven to impact the health of millions of people around the globe by enabling medical companies to launch and operate products more efficiently. To make this vision come true, we established a customer-centric, experimentation-driven product development approach.
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Sebastian Schaal
Angel · Munich, Bayern, Germany · 1 investments in Bulgaria Medical Device startups

Sebastian Schaal is the founder of Luminovo.

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Investment focus

  • Industry: Privacy, Software
  • Stage:Pre-Seed
  • Geography: Germany

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Kertos — Kertos is a software company that develops and provides a holistic privacy platform in Europe, implementing automation and execution in a highly regulated environment focusing on the operational needs for all stakeholders involved. With their focus on product, integration, and automation they enable businesses to scale, to adopt and to maneuver inmodern tech environments with only a fraction of the current workload. They drive consumer engagement and help companies to interact with their customers in sensitive matters.
  • Flinn — We are driven to impact the health of millions of people around the globe by enabling medical companies to launch and operate products more efficiently. To make this vision come true, we established a customer-centric, experimentation-driven product development approach.
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Sven Jungmann
Angel · Berlin, Berlin, Germany · 1 investments in Bulgaria Medical Device startups

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.

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Investment focus

  • Industry: Medical, Medical Device, Musical Instruments
  • Stage:Seed
  • Geography: Bulgaria

Investor stats

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

Portfolio highlights

  • Flinn — We are driven to impact the health of millions of people around the globe by enabling medical companies to launch and operate products more efficiently. To make this vision come true, we established a customer-centric, experimentation-driven product development approach.
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Matthias Weber
Angel · Nußloch, Baden-Wurttemberg, Germany · 1 investments in Bulgaria Medical Device startups

Matthias Weber - President @ Leica Biosystems

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Investment focus

  • Industry: Medical, Medical Device, Musical Instruments
  • Stage:Seed
  • Geography: Bulgaria

Investor stats

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

Portfolio highlights

  • Flinn — We are driven to impact the health of millions of people around the globe by enabling medical companies to launch and operate products more efficiently. To make this vision come true, we established a customer-centric, experimentation-driven product development approach.
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LAUNCHub Ventures
VC Fund · Sofia, Grad Sofiya, Bulgaria · 1 investments in Bulgaria Medical Device startups

LAUNCHub is a leading early-stage venture capital fund focused on investing in startups in South-Eastern (SEE) and Central-Eastern (CEE) Europe.

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Investment focus

  • Industry: Software, SaaS, Internet
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Bulgaria, United Kingdom, United States

Investor stats

  • Total investments: 137
  • Round size: Seed $44k–$3.4M; Pre-Seed $183k–$2.3M; Series A $2.8M–$58M
  • Lead/follow: 18% lead, 82% follow
  • Last fund: May invest from a new fund soon — raised $82M in 2021

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.
  • 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.
  • OfficeRnD — OfficeRnD helps flex space operators and hybrid teams manage the workplace of the future. Book your demo or start a free 14-day trial.
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

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Martin Schödel
Angel · 1 investments in Bulgaria Medical Device startups

Martin Schödel

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Investment focus

  • Industry: Medical, Medical Device, Musical Instruments
  • Stage:Seed
  • Geography: Bulgaria

Investor stats

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

Portfolio highlights

  • Flinn — We are driven to impact the health of millions of people around the globe by enabling medical companies to launch and operate products more efficiently. To make this vision come true, we established a customer-centric, experimentation-driven product development approach.
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Maximilian Reiter
Angel · 1 investments in Bulgaria Medical Device startups

Maximilian Reiter

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Investment focus

  • Industry: Medical, Medical Device, Musical Instruments
  • Stage:Seed
  • Geography: Bulgaria

Investor stats

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

Portfolio highlights

  • Flinn — We are driven to impact the health of millions of people around the globe by enabling medical companies to launch and operate products more efficiently. To make this vision come true, we established a customer-centric, experimentation-driven product development approach.
Show all investments...

Matthias Hilpert
Angel · Berlin, Berlin, Germany · 1 investments in Bulgaria Medical Device startups

Matthias Hilpert - CEO @ MH2 Capital

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Germany, United Kingdom, United States

Investor stats

  • Total investments: 36
  • Round size: Seed $800k–$6.7M; Series A $3M–$14M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Cosuno — Cosunos vision is to connect all players of the construction industry, transforming their collaboration to drive efficiency through software and best customer experience.Cosuno is evaluating how general contractors, property developers and architects can master the challenges posed by high process costs and a lack of transparency in theprocurement of subcontractors. And this is just the beginning. Cosuno is constantly driving change in the construction industry with innovative methods and digital processes by developing and continuously improving simple and transparent solutions.
  • Archlet — Make better strategic sourcing decisions faster with Archlet's user-friendly sourcing software. Book your demo and master the complexity in strategic sourcing.
  • Hive Robotics — Hive Robotics GmbH is developing scalable, cutting-edge technology designed to safely and securely command, control, and connect any type of robot or unmanned system, enabling advanced swarming and teaming capabilities across a wide range of operational environments, from industrial automation to defense and disaster response.
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Tobias Bruhne
Angel · Berlin, Berlin, Germany · 1 investments in Bulgaria Medical Device startups

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.

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Investment focus

  • Industry: Medical, Medical Device, Musical Instruments
  • Stage:Seed
  • Geography: Bulgaria

Investor stats

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

Portfolio highlights

  • Flinn — We are driven to impact the health of millions of people around the globe by enabling medical companies to launch and operate products more efficiently. To make this vision come true, we established a customer-centric, experimentation-driven product development approach.
Show all investments...

SquareOne
VC Fund · Berlin, Berlin, Germany · 1 investments in Bulgaria Medical Device startups

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

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Investment focus

  • Industry: Software, SaaS, E-Commerce
  • Stage:Seed, Series A
  • Geography: Germany, United States, Poland

Investor stats

  • Total investments: 76
  • Round size: Seed $329k–$4.8M; Series A $2.9M–$17M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: Likely still investing — raised $117M in 2022

Portfolio highlights

  • Hero — Hero is a B2B payments and financing platform, offer direct online payment experience and receive your money immediately.
  • Otterspace — Otterspace takes care of DAOs.
  • Flinn — We are driven to impact the health of millions of people around the globe by enabling medical companies to launch and operate products more efficiently. To make this vision come true, we established a customer-centric, experimentation-driven product development approach.
Show all investments...

Medical Device Investor funding in Bulgaria at a glance

Stats across 8 deals from 17 investors.

17
investors
in Bulgaria Medical Device startups
8
deals
in Bulgaria Medical Device startups
$1.2M
median round
in Bulgaria Medical Device startups
35%
lead investors
lead at least one round
38%
Pre-Seed
most common funding stage
53/47
VC / Angel
share of investor count

Access all 17 investors in Bulgaria Medical Device startups.

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