# Silverline Capital

> Silverline Capital is a VC fund in Sofia backing Machine Learning and Artificial Intelligence. See 6 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Sofia, Bulgaria
- Total investments: 6
- Last investment: Aug 2024
- Lead investor: 67%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/silverline-capital-fund/about/
- Website: https://silverlinecapital.net/

Silverline Capital is a VC fund in Sofia focused on Machine Learning and Artificial Intelligence. Silverline Capital provides mezzanine and equity financing solutions to mid-market businesses in Bulgaria.

## Round sizes

| Stage | Round size |
| --- | --- |
| Series A | $8.3M–$27M |
| Venture - Series Unknown | $2.8M–$3.5M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Machine Learning | 2 | 33% |
| Artificial Intelligence | 2 | 33% |
| Retail | 1 | 17% |
| Chemical | 1 | 17% |
| Security | 1 | 17% |

23 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Venture - Series Unknown | 3 | 50% |
| Series A | 2 | 33% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Bulgaria | 3 | 50% |
| Norway | 1 | 17% |
| United States | 1 | 17% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Codery | Codery functions as an Employer of Record (EOR), acting as the official employer for hired professionals. The firm handles the administrative and legal parts of employment, such as registration, payroll, and compliance with local labor laws, allowing enterprises to hire without having to establish regional offices or legal entities. | $2.9M | Venture - Series Unknown | Aug 16, 2024 |  |
| Iris.ai | Powerful Tools for Your Research. We have built a world-leading AI engine for scientific text understanding. Applied to literature reviews, data extraction, post-market surveillance or any other task involving thousands of documents like papers or patents, this engine will make your life a whole lot easier. | $8.3M | Series A | May 29, 2024 |  |
| Evrotrust | Best way to prove who you are and agree to anything, anywhere. Fully legal, secure and personal. Our mobile first eIDAS solution allows: eID, eSign, eTimestamp, eSeal, eDelivery with the highest status – qualified | $3.5M | Venture - Series Unknown | Feb 06, 2024 |  |
| Badu | Badu LTD is a fast growing online ecommerce marketplace that operates in Eastern Europe. Badu works with suppliers from around the world to provide fast, reliable and high-quality service for its customers. We deliver a hassle-free shopping experience with the highly preferable option of payment on delivery for intercontinental purchases, whichprovides us with a niche market for customers, seeking security when shopping from abroad. | $2.8M | Venture - Series Unknown | Aug 25, 2023 |  |
| Alcatraz AI | Alcatraz AI replaces badging as an access point identification method by leveraging facial recognition, 3d sensing, and AI. The company builds a facial authentication platform using AI and 3D sensing to enable a highly secure and frictionless entry into physical locations. Alcatraz AI was founded in 2016 and is headquartered in California, USA. | $25M | Series A | Sep 13, 2022 |  |
| Alcatraz AI | Alcatraz AI replaces badging as an access point identification method by leveraging facial recognition, 3d sensing, and AI. The company builds a facial authentication platform using AI and 3D sensing to enable a highly secure and frictionless entry into physical locations. Alcatraz AI was founded in 2016 and is headquartered in California, USA. | $27.4M | Series A | Sep 01, 2022 |  |

6 of 6 investments shown.

## Co-investors
- [Almaz Capital](https://shizune.co/investors/profile/almaz-capital) — VC Fund, 2 deals together
- [SeedBlink](https://shizune.co/investors/profile/seedblink) — VC Fund, 2 deals together
- [Bossa Invest](https://shizune.co/investors/profile/bossanova-investimentos) — VC Fund, 1 deal together
- [EBRD (Türkiye)](https://shizune.co/investors/profile/ebrd-investment-firm) — VC Fund, 1 deal together
- [EBRD Venture Capital](https://shizune.co/investors/profile/ebrd-venture-capital) — VC Fund, 1 deal together
- [EIC Accelerator](https://shizune.co/investors/profile/eic-accelerator) — VC Fund, 1 deal together

## Similar investors

### Similar industry
- [SOSV](https://shizune.co/investors/profile/sosv) — VC Fund
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### Similar stage
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### Similar country
- [Eleven Ventures](https://shizune.co/investors/profile/eleven) — VC Fund
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## Featured in investor lists
- [All VC Funds in Bulgaria](https://shizune.co/investors/vc-funds-bulgaria)
- [All Investors in Bulgaria](https://shizune.co/investors/investors-bulgaria)
- [Consumer VC Funds in Bulgaria](https://shizune.co/investors/consumer-vc-funds-bulgaria)
- [Retail VC Funds in Bulgaria](https://shizune.co/investors/retail-vc-funds-bulgaria)
- [Consumer Investors in Bulgaria](https://shizune.co/investors/consumer-investors-bulgaria)
- [Financial Services VC Funds in Bulgaria](https://shizune.co/investors/financial-services-vc-funds-bulgaria)

## FAQ

### What does Silverline Capital invest in?

Silverline Capital invests primarily in Machine Learning, Artificial Intelligence and Retail startups, most often at Venture - Series Unknown and Series A stage. Most of the 6 investments tracked by Shizune back companies in Bulgaria. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Silverline Capital's check size?

Silverline Capital typically joins rounds of $8.3M–$27M at Series A and $2.8M–$3.5M at Venture - Series Unknown. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Silverline Capital participates in.

### When did Silverline Capital last invest?

The most recent investment recorded for Silverline Capital closed in Aug 2024. Shizune tracks 6 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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