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Top 50 SaaS VC Funds & Investors in Bulgaria (October 2026)

The most active venture capital funds investing in Bulgaria SaaS startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Bulgaria SaaS startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Eleven Ventures
VC Fund
77 Bulgaria, United States, United Kingdom Seed, Convertible Note, Pre-Seed Software, Information Technology, E-Commerce $28k–$2.3M
LAUNCHub Ventures
VC Fund
32 Bulgaria, United Kingdom, United States Seed, Series A, Pre-Seed Software, Artificial Intelligence, SaaS $54k–$22M
Impetus Capital
VC Fund
13 Bulgaria, United States, India Seed, Pre-Seed, Convertible Note Information Technology, Software, SaaS $117k–$3M
Vitosha Venture Partners
VC Fund
11 Bulgaria, United States, United Kingdom Pre-Seed, Seed Software, Marketplace, Information Technology
New Vision 3
VC Fund
10 Bulgaria, Italy, Croatia Seed, Pre-Seed, Venture - Series Unknown Software, Payments, Financial Services $108k–$3.4M
NEVEQ
VC Fund
5 Bulgaria, Argentina Seed, Series A, Series B Real Estate, SaaS, Mobile $350k–$2.4M
BrightCap Ventures
VC Fund
4 United States, Bulgaria, United Kingdom Seed, Pre-Seed, Venture - Series Unknown Artificial Intelligence, Information Technology, SaaS $224k–$12M
MFG Invest
VC Fund
3 Bulgaria, United Kingdom, France Seed, Pre-Seed, Venture - Series Unknown Software, Information Technology, FinTech $110k–$6.8M
North Base Media
VC Fund
3 United States, India, Vietnam Seed, Series A, Series B Digital Media, Advertising, News $75k–$23M
Sofia Angels Ventures
VC Fund
3 Bulgaria, United Kingdom, Germany Seed, Pre-Seed, Series A Software, Information Technology, Artificial Intelligence $108k–$11M
Morningside Hill Capital Management
VC Fund
3 Bulgaria, China Seed Software, Information Technology, AgTech $1.1M–$4.5M
BlackPeak Capital
VC Fund
3 Bulgaria, United States, United Kingdom Private Equity, Series B, Seed Manufacturing, Software, Retail $510k–$50M
Skynet Trading
VC Fund
3 Singapore, United States, Bulgaria Seed, Venture - Series Unknown, Series A Blockchain, Cryptocurrency, FinTech $1.5M–$15M
Imprimatur Capital Fund Management
VC Fund
2 Latvia, United States, United Kingdom Seed, Debt Financing Software, Information Technology, Apps $55k–$690k
KOWN
VC Fund
2 Bulgaria Seed, Pre-Seed Sensor, Big Data, Agriculture
UniCredit Bulbank
VC Fund
2 Bulgaria, Germany Convertible Note, Post-IPO Debt, Debt Financing Construction, iOS, Apps $335k–$531k
Maven Capital
VC Fund
2 United Arab Emirates, Singapore, United States Seed, Venture - Series Unknown, Pre-Seed Blockchain, Gaming, Cryptocurrency $700k–$23M
MetaCartel Ventures
VC Fund
2 United States, United Kingdom, Bulgaria Seed, Series A, Pre-Seed Blockchain, Cryptocurrency, Software $1M–$30M
AU21 Capital
VC Fund
2 United States, Singapore, India Seed, Venture - Series Unknown Blockchain, Cryptocurrency, Gaming $1.1M–$8M
South Central Ventures
VC Fund
2 United States, United Kingdom, Serbia Seed, Pre-Seed, Series A Software, SaaS, Artificial Intelligence $34k–$5.3M
PostScriptum Ventures
VC Fund
2 Bulgaria, Germany, United States Private Equity, Seed, Angel Software, B2B, SaaS
Ascensive Assets
VC Fund
2 United States, Singapore, Philippines Seed, Venture - Series Unknown Blockchain, Cryptocurrency, Gaming $1.2M–$10M
HR Capital
VC Fund
2 Bulgaria Seed, Venture - Series Unknown E-Commerce, Information Technology, SaaS $292k–$1.2M
SFC Capital
VC Fund
2 United Kingdom, United States, Ireland Seed, Pre-Seed, Venture - Series Unknown Software, Artificial Intelligence, Information Technology $123k–$2.5M
Speedinvest
VC Fund
2 United Kingdom, Germany, Austria Seed, Series A, Pre-Seed Software, FinTech, Artificial Intelligence $411k–$33M
Magnus Capital
VC Fund
2 United States, India, United Kingdom Seed, Initial Coin Offering Blockchain, Cryptocurrency, Gaming $1.3M–$34M
Bulgarian Development Bank
VC Fund
2 Bulgaria Seed, Pre-Seed, Debt Financing Finance, Software, Health Care $1.1M–$2.7M
3TS Capital Partners
VC Fund
2 United States, Poland, Romania Series A, Venture - Series Unknown Software, SaaS, Information Technology $768k–$12M
Openfund
VC Fund
2 Greece, United Kingdom, United States Seed, Series A, Pre-Seed Software, E-Commerce, Mobile $55k–$5M
Zee Prime Capital
VC Fund
2 United States, United Kingdom, Singapore Seed, Series A Blockchain, Cryptocurrency, Information Technology $2M–$43M
International Aviation Services
VC Fund
1 Bulgaria Convertible Note Banking, FinTech, Software
SeedBlink
VC Fund
1 Romania, United States, United Kingdom Seed, Pre-Seed, Series A Software, SaaS, Information Technology $137k–$35M
BlueOcean Ventures
VC Fund
1 Switzerland, India, France Seed, Series A, Series B Health Care, Medical, Personal Health $1M–$20M
Wintermute
VC Fund
1 United States, Singapore, United Kingdom Seed, Series A Blockchain, Cryptocurrency, Financial Services $3M–$50M
a16z crypto
VC Fund
1 United States, United Kingdom, Singapore Seed, Pre-Seed, Series A Blockchain, Cryptocurrency, Information Technology
TechOne VC
VC Fund
1 Turkey, United States, Estonia Seed, Pre-Seed Software, SaaS, Information Technology $30k–$2.4M
Founderful Campus
VC Fund
1 Switzerland, Bulgaria, United States Pre-Seed, Convertible Note, Seed Artificial Intelligence, Information Technology, Software $21k–$2.9M
NAP
VC Fund
1 Germany, United Kingdom, Ireland Seed, Series A, Pre-Seed Software, Information Technology, SaaS $1M–$30M
European regional development fund (ERDF)
VC Fund
1 United Kingdom, Germany, France Grant, Venture - Series Unknown, Pre-Seed Software, Information Technology, Artificial Intelligence $44k–$9.2M
DAO Maker
VC Fund
1 Spain, Singapore, Vietnam Seed, Initial Coin Offering, Pre-Seed Blockchain, Cryptocurrency, Financial Services $500k–$11M
GD10 Ventures
VC Fund
1 Estonia, Hong Kong, India Seed, Initial Coin Offering Blockchain, Gaming, Cryptocurrency $780k–$60M
Maven Capital Partners
VC Fund
1 United Kingdom, United States, Germany Venture - Series Unknown, Seed, Private Equity Software, Information Technology, Manufacturing $648k–$15M
Pleiade Venture
VC Fund
1 France, Belgium, United Kingdom Seed, Series A, Venture - Series Unknown Software, E-Commerce, Artificial Intelligence $700k–$11M
Moonwhale Ventures
VC Fund
1 Singapore, United States, India Seed, Pre-Seed Blockchain, Cryptocurrency, Software $225k–$5M
RTP Global
VC Fund
1 United States, India, Germany Series A, Seed, Series B Software, Artificial Intelligence, Information Technology $2M–$80M
IOI Capital
VC Fund
1 Bulgaria Seed Internet, Software, Information Technology
BMW i Ventures
VC Fund
1 United States, Germany, Canada Series B, Series A Software, Automotive, Information Technology $7M–$61M
EIT Digital
VC Fund
1 Italy, Spain, Poland Pre-Seed, Grant, Seed Information Technology, Software, Internet
Accession Capital Partners
VC Fund
1 Poland, Bulgaria, Hungary Debt Financing, Private Equity Manufacturing, Health Care, Telecommunications $10M–$33M
Genblock Capital
VC Fund
1 United States, Singapore, United Kingdom Seed, Initial Coin Offering Blockchain, Cryptocurrency, Financial Services $1.2M–$314M
Access all 159 VC funds in Bulgaria SaaS startups.

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Investor list

Eleven Ventures
VC Fund · Sofia, Grad Sofiya, Bulgaria · 77 investments in Bulgaria SaaS 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, Information Technology, E-Commerce
  • Stage:Seed, Convertible Note, Pre-Seed
  • Geography: Bulgaria, United States, United Kingdom

Investor stats

  • Total investments: 195
  • Round size: Seed $28k–$2.3M; Pre-Seed $55k–$1.1M; Convertible Note $28k–$120k
  • Lead/follow: 33% lead, 67% 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 scales your B2B sales with AI. Up to 30% revenue uplift, $1 per order processing cost, live in 30 days. No new apps, no behavior change.
  • Blue Longevity — Expert care for a healthier, longer life. Opening soon Athens | Istanbul | Sofia
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LAUNCHub Ventures
VC Fund · Sofia, Grad Sofiya, Bulgaria · 32 investments in Bulgaria SaaS startups

Seed-stage VC fund for Central and Eastern Europe. 90+ companies backed.

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Investment focus

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

Investor stats

  • Total investments: 158
  • Round size: Seed $54k–$3.4M; Pre-Seed $216k–$2.8M; Series A $4.4M–$22M
  • Lead/follow: 20% lead, 80% follow
  • Last fund: May invest from a new fund soon — raised $85M in 2021

Portfolio highlights

  • nFuse.ai — nFuse scales your B2B sales with AI. Up to 30% revenue uplift, $1 per order processing cost, live in 30 days. No new apps, no behavior change.
  • Veridion — Veridion is a living digital replica of the business world. Decision-grade data for enterprise scale systems
  • Nanogram — Nanogram is an AI-powered gaming startup that creates an instant prompt-to-game platform, allowing anyone to build and share interactive short-form video games. Frequently described as "TikTok for mobile games," the company delivers an endless, vertical social feed of byte-sized, zero-download games that players swipe through and playinstantly.
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Impetus Capital
VC Fund · Sofia, Grad Sofiya, Bulgaria · 13 investments in Bulgaria SaaS startups

Early stage venture capital fund partnering with founders at Seed and Series A stage. We are not simply the next investor who sends you money and shows up at board meetings. Our team seeks to empower you throughout your journey with actionable, game-changing support.

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Investment focus

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

Investor stats

  • Total investments: 26
  • Round size: Seed $117k–$3M; Pre-Seed $163k–$1.8M; Convertible Note $242k–$2.6M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: May invest from a new fund soon — raised $1.4M in 2019

Portfolio highlights

  • GlycanAge — The only biological age test that accurately measures your unique response to life changes. Discover your biological age and make lifestyle improvements!
  • 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.
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Vitosha Venture Partners
VC Fund · Sofia, Grad Sofiya, Bulgaria · 11 investments in Bulgaria SaaS startups, 10 in the past 12 months

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

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Investment focus

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

Investor stats

  • Total investments: 24
  • Lead/follow: no public data

Portfolio highlights

  • SoCyber — SoCyber provides services in the field of Information and Communication Technology, specializing in Cybersecurity services. The main business lines are security as a service, penetration testing, vulnerability assessment, and IT audits. After being a successful service company for several years, SoCyber developed a holistic vulnerability managementsolution "Kikimora.io" that makes the vulnerability management process centralised, transparent and easy to follow and understand. It enables companies to prioritise the remediation of vulnerabilities and address their security issues in a timely manner. The solution saves companies time and money by eliminating the need for repeated security testing that shows the same vulnerabilities.
  • Vodoraslo — Vodoraslo believes that everyone deserves better air quality, so by mixing innovation, design, and nature, we can create multiple positive impact solutions.
  • AIOT Cloud — Enabling businesses to be energy efficient while optimizing costs
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New Vision 3
VC Fund · Sofia, Grad Sofiya, Bulgaria · 10 investments in Bulgaria SaaS startups

New Vision 3 is an Early-stage Venture Capital fund.

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Investment focus

  • Industry: Software, Payments, Financial Services
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: Bulgaria, Italy, Croatia

Investor stats

  • Total investments: 27
  • Round size: Seed $217k–$3.4M; Pre-Seed $108k–$605k; Venture - Series Unknown $1.4M–$2.8M
  • Lead/follow: 85% lead, 15% follow

Portfolio highlights

  • ELando — eLando is an IT services company that offers cyber security, cloud solution, consulting, mobile solution, and software engineering services.
  • QuarkXR — The Next Gen Compression and Streaming Technology! QuarkXR is an ultra-fast software solution that provides low-latency wireless transmission. It runs the heavy processes on the GPU, and is hardware-agnostic.
  • 365 Data Science — 365 Data Science offers data science, machine learning, and AI training to help you land your dream career. Learn ChatGPT, Python, Excel, Tableau, Power BI, and more.
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NEVEQ
VC Fund · Sofia, Grad Sofiya, Bulgaria · 5 investments in Bulgaria SaaS startups

NEVEQ (New Europe Venture Equity) is a venture capital fund focused on seed and early stage investments enabling companies to scale and reach growth stage. The fund has invested among others in business intelligence, travel technology, semantic technology, social media, telecommunication solutions and data center businesses.

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Investment focus

  • Industry: Real Estate, SaaS, Mobile
  • Stage:Seed, Series A, Series B
  • Geography: Bulgaria, Argentina

Investor stats

  • Total investments: 8
  • Round size: Seed $350k–$2.4M; Series A $1.7M–$2M
  • Lead/follow: 0% lead, 100% follow
  • Last fund: May invest from a new fund soon — raised $28M in 2014

Portfolio highlights

  • Properati — Properati is an online and mobile property platform for the real estate market. The company offers buyers, users, agile, free of ads, banners website, and tenants or real estate investors with a quick, designed for them to be able to communicate effectively with the offeror who has what they are looking for.Properati has an office in Sao Paulo,Brazil, and was founded in 2012 and is headquartered in Buenos Aires, Distrito Federal, Argentina.
  • Content Insights — Helping online publishers evaluate, benchmark and rank content and authors' performance across platforms and languages
  • Properati — Properati provides real estate ventures, apartments for sale, land, and properties for rent information.
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BrightCap Ventures
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 4 investments in Bulgaria SaaS startups, 6 in the past 12 months

BrightCap Ventures is an early-stage VC fund based in Sofia. We invest in inspiring global founders who leverage local engineering talent, helping them succeed with our entrepreneurial experience and extensive global network.

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Investment focus

  • Industry: Artificial Intelligence, Information Technology, SaaS
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: United States, Bulgaria, United Kingdom

Investor stats

  • Total investments: 35
  • Round size: Seed $970k–$6M; Pre-Seed $224k–$2.6M; Venture - Series Unknown $1.8M–$12M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: Likely still investing — raised $65M in 2024

Portfolio highlights

  • Paypercut — Paypercut is a fintech startup that allows small and mid-scaled merchants to offer Buy Now, Pay Later at checkout via a single integration.
  • Deep Infra — Deep Infra offers cost-effective, scalable, easy-to-deploy, and production-ready machine-learning models and infrastructures for deep-learning models.
  • Self Inspection — Self Inspection provides an AI-powered platform for comprehensive vehicle inspections, covering exterior, interior, tire, and mechanical assessments. With customizable workflows, advanced damage recognition, and expert-reviewed reports, it offers accurate repair estimates and diagnostic results, enhancing transparency and efficiency for automotive professionals in industries like leasing, rentals, marketplaces auctions, and repossessions. Easily accessible via a user-friendly interface, the solution ensures seamless integration and management for all vehicle inspection needs.
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MFG Invest
VC Fund · Sofia, Grad Sofiya, Bulgaria · 3 investments in Bulgaria SaaS startups

MFG Invest was established by a group of angel investors with the goal of financing venture capital.

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Investment focus

  • Industry: Software, Information Technology, FinTech
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: Bulgaria, United Kingdom, France

Investor stats

  • Total investments: 21
  • Round size: Seed $567k–$6.8M; Pre-Seed $110k–$901k; Venture - Series Unknown $485k–$2.2M
  • Lead/follow: 29% lead, 71% follow

Portfolio highlights

  • Paypercut — Paypercut is a fintech startup that allows small and mid-scaled merchants to offer Buy Now, Pay Later at checkout via a single integration.
  • Native Teams — Hire anyone, anywhere with Native Teams. Use EOR and PEO services to employ global talent or get compliant employment as a freelancer.
  • Tiger Technology — Turn storage into competitive advantage with Tiger Bridge. Cut costs 60%, improve utilization 10X, seamless cloud extension without changing workflows.
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North Base Media
VC Fund · Singapore, Central Region, Singapore · 3 investments in Bulgaria SaaS startups

NBM is a specialized firm that successfully pioneered global digital-media investing over the last decade, backing successes like IDN Media in Indonesia, Pocket Aces in India, TheNewsLens in Taiwan and Capital Digital in Mexico. Its first venture fund, launched in 2015, consistently ranks in the top quartile of media and global venture funds. TheFund, which has been backed by several of the world’s leading media brands, is now open to other investors as its investment team moves to take advantage of the sudden rise of opportunities and new valuations in the global media landscape. NBM’s co-founders are Marcus Brauchli, the former top editor at The Washington Post and The Wall Street Journal; Sasa Vucinic, the longtime CEO of the Media Development Investment Fund (MDIF). The firm’s general counsel is Stuart Karle, former COO of Reuters and General Counsel of the Journal.

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Investment focus

  • Industry: Digital Media, Advertising, News
  • Stage:Seed, Series A, Series B
  • Geography: United States, India, Vietnam

Investor stats

  • Total investments: 67
  • Round size: Seed $75k–$5.7M; Series A $1.5M–$7.5M; Series B $2M–$23M
  • Lead/follow: 27% lead, 73% follow
  • Last fund: May invest from a new fund soon — raised $500k in 2021

Portfolio highlights

  • Zaiko — Zaiko is the market leader in providing ticketing technology for live events and streaming shows. Monetize your show, engage fans, user analytic data, memberships, and more.
  • Spectrm — charles is the Conversational Marketing AI and CRM platform for brands to attract, convert, and retain customers via AI agents and marketing automations.
  • Kaleidoscope — Kaleidoscope Content, bringing vivid stories from around the globe. Listen in color!
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Sofia Angels Ventures
VC Fund · Sofia, Grad Sofiya, Bulgaria · 3 investments in Bulgaria SaaS startups

Agri supply chain tech and finance solutions.World best visual search platformImproving transportation industry via advanced technology and

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Bulgaria, United Kingdom, Germany

Investor stats

  • Total investments: 22
  • Round size: Seed $657k–$2.9M; Pre-Seed $108k–$901k; Series A $9.8M–$11M
  • Lead/follow: 32% lead, 68% follow

Portfolio highlights

  • Ogre AI — AI foresight for every asset, grid node and market, turned into decisions: constraint actions, site schedules, trading positions. Live in 17 countries.
  • Fabrico SaaS — Cloud-based MES and OEE platform for manufacturers: real-time production monitoring, automatic downtime tracking and OEE analytics, with CMMS built in.
  • Blue Longevity — Expert care for a healthier, longer life. Opening soon Athens | Istanbul | Sofia
Show all investments...

Access 48,091 investors

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

Browse database — It's Free!
Morningside Hill Capital Management
VC Fund · Sofia, Grad Sofiya, Bulgaria · 3 investments in Bulgaria SaaS startups

Private investment partnership

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Investment focus

  • Industry: Software, Information Technology, AgTech
  • Stage:Seed
  • Geography: Bulgaria, China

Investor stats

  • Total investments: 6
  • Round size: Seed $1.1M–$4.5M
  • Lead/follow: 83% lead, 17% follow

Portfolio highlights

  • nPloy — Simply set your filters and get matched with your dream job! Let top employers apply for you & connect with them via chat or a video call.
  • Yoga Llama — Experience yoga anytime, anywhere with Yoga Llama, a mobile app that combines artificial intelligence and augmented reality to enhance your practice.
  • Zhongke Jiahe — Zhongke Jiahe develops compilation technology and aspires to build a universal, low-cost, high-performance fundamental software tool chain.
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BlackPeak Capital
VC Fund · Sofia, Grad Sofiya, Bulgaria · 3 investments in Bulgaria SaaS startups

BlackPeak Capital is a co-investment growth equity fund focused on investing in high-growth Southeast European small and medium enterprises. BlackPeak Capital is funded by the European Investment Fund, part of the European Investment Bank, through the JEREMIE initiative for support of the SME enterprises in Bulgaria.We invest in equity,mezzanine, and other forms of hybrid capital to support the investment plans of dynamic regional companies. As a co-investment fund, BlackPeak Capital invests alongside other private institutional or individual investors on pari-passu terms. Our target investment ticket is between €1-8 million per transaction.

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Investment focus

  • Industry: Manufacturing, Software, Retail
  • Stage:Private Equity, Series B, Seed
  • Geography: Bulgaria, United States, United Kingdom

Investor stats

  • Total investments: 21
  • Round size: Seed $510k–$624k; Series B $8.7M–$50M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: Likely still investing — raised $132M in 2022

Portfolio highlights

  • Alcatraz AI — The Rock is an all-in-one touchless biometric access control device that combines facial biometrics, AI, and machine learning for top-notch security.
  • Fasal — We develop materials & products made from renewable resources!
  • Affinity Life Care — Affinity Life Care is the private provider of elderly care residences in Romania, operating several centers in central Bucharest with a capacity of over 400 authorized beds. These facilities offer a range of accommodation options, from single rooms to shared arrangements, all designed to be comfortable, accessible, and suitable for seniorsrequiring either long-term care or assisted living.
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Skynet Trading
VC Fund · Hong Kong, Hong Kong Island, Hong Kong · 3 investments in Bulgaria SaaS startups

Crypto market making experts with 5+ years of experience. We provide stable liquidity, tight spreads, and 24/7 coverage for your digital assets. Book a call today.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, FinTech
  • Stage:Seed, Venture - Series Unknown, Series A
  • Geography: Singapore, United States, Bulgaria

Investor stats

  • Total investments: 40
  • Round size: Seed $1.5M–$8.5M; Series A $9M–$15M; Venture - Series Unknown $1.8M–$12M
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • Hybrid — Hybrid is a fintech company that offers a decentralized central AI tool with Web3's ecosystem of AI experts, agents, and data.
  • Bitlight Labs — Make Bitcoin Smart
  • Pheasant Network — AI-Powered DeFi Super App for Cross-chain Intent.
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Imprimatur Capital Fund Management
VC Fund · Riga, Riga, Latvia · 2 investments in Bulgaria SaaS startups

Imprimatur Capital Fund Management is a venture capital firm focusing on high-technology at an early stage in its commercial development. We invest in start-up technology businesses which are based on innovative intellectual property, are led by strong teams and have high international growth potential.Imprimatur Capital Fund Management, based inLatvia, manages seed and start-up funds with investors including the Latvian Guarantee Agency, other institutional investors and some private investors. The company source investment opportunities primarily from the Baltic/Nordic/Russia region.Imprimatur Capital Fund Management is a partner firm of Imprimatur Capital Ltd, headquartered in London and with investment operations in Europe, Russia, Asia Pacific, Latin America and the US.

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Investment focus

  • Industry: Software, Information Technology, Apps
  • Stage:Seed, Debt Financing
  • Geography: Latvia, United States, United Kingdom

Investor stats

  • Total investments: 83
  • Round size: Seed $125k–$690k; Debt Financing $55k–$70k
  • Lead/follow: 20% lead, 80% follow
  • Last fund: May invest from a new fund soon — raised $12M in 2010

Portfolio highlights

  • Axial3D — Leading the way with the latest 3D imaging, models, and devices
  • afriQloud — AfriQloud provides a white-labeled cloud computing solution to telecom operators, internet service providers, system integrators, and managed information technology service providers.
  • Sonarworks — SoundID Reference software calibrates your speakers and studio headphones, so you can trust that every mix will translate.
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KOWN
VC Fund · Sofia, Grad Sofiya, Bulgaria · 2 investments in Bulgaria SaaS startups

KOWN is a mobile investor club, which empowers people to discover, discuss and invest in pre-seed stealth tech startups from east Europe.

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Investment focus

  • Industry: Sensor, Big Data, Agriculture
  • Stage:Seed, Pre-Seed
  • Geography: Bulgaria

Investor stats

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

Portfolio highlights

  • Bee Smart Technologies — Bee Smart Technologies (BST) is a hi-tech company bringing breakthrough innovation to the global beekeeping industry. The value proposition of BST is simple – increase overall honeybee health and decrease operating costs for beekeepers through smart integration of sensor technology and bio-based algorithms. Our technology delivers unprecedentedremote diagnostic capabilities and moves the entire industry into the digital age.
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UniCredit Bulbank
VC Fund · 2 investments in Bulgaria SaaS startups

Investment focus

  • Industry: Construction, iOS, Apps
  • Stage:Convertible Note, Post-IPO Debt, Debt Financing
  • Geography: Bulgaria, Germany

Investor stats

  • Total investments: 5
  • Round size: Convertible Note $335k–$531k
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • ARCO TOWERS — ARCO TOWERS is the Financial Supervision Commission granted the Company a license to operate as a special purpose entity, A unique financial entity for the securitization of real estate
  • Sunotec Group — Founded in 2012, Sunotec Group is an innovative, internationally expanding company in the fields of renewable energy and energy efficiency.
  • Appzio — Create great native apps easy. Appzio is a platform for full stack developers to create native mobile applications. Build and maintain apps from the backend, no compiling, no client side coding.
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Maven Capital
VC Fund · Dubai, Dubai, United Arab Emirates · 2 investments in Bulgaria SaaS startups

Maven Capital provides funding, supporting and advising ambitious cryptocurrency startups from seed to beyond.

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Investment focus

  • Industry: Blockchain, Gaming, Cryptocurrency
  • Stage:Seed, Venture - Series Unknown, Pre-Seed
  • Geography: United Arab Emirates, Singapore, United States

Investor stats

  • Total investments: 49
  • Round size: Seed $1.2M–$6M; Pre-Seed $700k–$3.4M; Venture - Series Unknown $3.5M–$23M
  • Lead/follow: 4% lead, 96% follow

Portfolio highlights

  • ChimpX AI — One AI SuperApp that does everything for you in crypto.
  • Gacha Galaxy — The price oracle for collectible cards. Live marketplace data, grading-aware pricing, prediction signals on top.
  • 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.
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MetaCartel Ventures
VC Fund · 2 investments in Bulgaria SaaS startups

they aim to become the creator epicentre of the Web 3 movement,a hunting ground for the earliest of early ventures around decentralized applications and crypto experiments.they fund and support individuals and teams that aim to part-take in the collective effort towards this vision.they are a coordinating body, we are the connectors and fabric ofthe community.they are the infamous el cartel de la meta.

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Investment focus

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

Investor stats

  • Total investments: 40
  • Round size: Seed $1M–$9M; Pre-Seed $1M–$2.5M; Series A $4.7M–$30M
  • Lead/follow: 3% lead, 97% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

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
  • Hydra Ventures — Hydra Ventures is the first dedicated investment DAO focused on backing and incubate other investment DAOs across the web3 ecosystem.
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AU21 Capital
VC Fund · San Francisco, California, United States · 2 investments in Bulgaria SaaS startups

A fund dedicated to backing the most brilliant minds in the blockchain space

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Gaming
  • Stage:Seed, Venture - Series Unknown
  • Geography: United States, Singapore, India

Investor stats

  • Total investments: 217
  • Round size: Seed $1.1M–$5.8M; Venture - Series Unknown $1.3M–$8M
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • A-World — Welcome to Animal World, a battle game based on #BNBCHAIN's super metaverse card tower defense. By setting up a hero tower to destroy monsters.
  • NeuronX — The First AI-Driven Lending Protocol on @dfinity
  • Vue Protocol — Community-First Layer for AI Memecoins. @solana @pumpdotfun @ton_blockchain Dvo1Fb7FxtUxsLbcQaizftfUT9HtL9P6swaQAScZDeQQ
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South Central Ventures
VC Fund · Belgrade, Vojvodina, Serbia · 2 investments in Bulgaria SaaS startups

South Central Ventures is dedicated to investments in startups, small and medium globally oriented technology companies in SE Europe.

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Investment focus

  • Industry: Software, SaaS, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, United Kingdom, Serbia

Investor stats

  • Total investments: 63
  • Round size: Seed $224k–$3M; Pre-Seed $34k–$2M; Series A $335k–$5.3M
  • Lead/follow: 59% lead, 41% follow
  • Last fund: Likely still investing — raised $78M in 2022

Portfolio highlights

  • Bubo² — Easily sell & rent high-value equipment online with immersive 3D technology. Drive conversions and boost customer confidence.
  • GlycanAge — The only biological age test that accurately measures your unique response to life changes. Discover your biological age and make lifestyle improvements!
  • Katalist — KatalistAI is a design assistant that unleashes your marketing and design potential. Driven by cutting-edge AI, it streamlines your creative process, elevates your ideas, and amplifies productivity.
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PostScriptum Ventures
VC Fund · Luxembourg, Luxembourg, Luxembourg · 2 investments in Bulgaria SaaS startups

Postscriptum Ventures is a venture capital group with a broad portfolio of sustainable investments. Established in 2006, Postscriptum invests in innovative technology and disruptive business models, with a particular focus on the ongoing (r)evolution of the energy sector. We prefer to invest in early stage ventures where our expertise and experience can leverage our financial investments to help realize the full growth potential of the business.

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Investment focus

  • Industry: Software, B2B, SaaS
  • Stage:Private Equity, Seed, Angel
  • Geography: Bulgaria, Germany, United States

Investor stats

  • Total investments: 8
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • QualSights — World's Leading Consumer Insights Platform. Our first-of-its-kind consumer insights tools capture precise usage and deliver the deepest, most authentic insights.
  • Reshape Energy — Reshape is a platform providing building owners and tenants with a better suite of energy services to lower their energy costs and meet sustainability targets.
  • Software Group — Software Group is a global technology company that helps financial service providers digitize their business, extend outreach and improve efficiency.
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Ascensive Assets
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 2 investments in Bulgaria SaaS startups

Ascensive Assets is a seed-stage venture firm that invests in blockchain-enabled companies across the full spectrum of web3.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Gaming
  • Stage:Seed, Venture - Series Unknown
  • Geography: United States, Singapore, Philippines

Investor stats

  • Total investments: 61
  • Round size: Seed $1.2M–$8.6M; Venture - Series Unknown $1.8M–$10M
  • Lead/follow: 21% lead, 79% follow
  • Last fund: May invest from a new fund soon — raised $130M in 2021

Portfolio highlights

  • StripChain — StripChain unifies all the blockchains
  • Nest Wallet — A Wallet Built for Traders
  • Switchboard — Switchboard allows builders to unlock the power of solana by creating high-performance data feeds from any API. They will bring data on-chain that will enable developers to unlock the future of decentralized applications. They enable the SOL community to push any form of data on-chain.
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HR Capital
VC Fund · Sofia, Grad Sofiya, Bulgaria · 2 investments in Bulgaria SaaS startups

A privately held investment vehicle

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Investment focus

  • Industry: E-Commerce, Information Technology, SaaS
  • Stage:Seed, Venture - Series Unknown
  • Geography: Bulgaria

Investor stats

  • Total investments: 4
  • Round size: Seed $292k–$1.2M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • eBag.bg — eBag is an online grocery retail platform that sells food and groceries. The platform of the company provides a diverse range of farm and dairy goods, fresh fruits and vegetables, and the ability for customers to purchase products online and have them delivered to their homes.
  • Releva — Releva predicts customer lifetime value, personalizes every touchpoint, and automates across email, SMS, WhatsApp, push, web, and app. 250+ B2C brands, 15+ countries. 80% prediction accuracy, 7.7x CLV.
  • Sensika Technologies — Sensika helps you discover, monitor, and analyze information from online media, social networks, print, TV, and radio.
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SFC Capital
VC Fund · London, England, United Kingdom · 2 investments in Bulgaria SaaS startups, 56 in the past 12 months

Discover the UK's leading SEIS Fund, offering tax-efficient investments in innovative startups. Join thousands of savvy investors and raise capital for your business with SFC Capital.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: United Kingdom, United States, Ireland

Investor stats

  • Total investments: 777
  • Round size: Seed $123k–$2M; Pre-Seed $170k–$858k; Venture - Series Unknown $201k–$2.5M
  • Lead/follow: 37% lead, 63% follow
  • Last fund: May invest from a new fund soon — raised $1.9M in 2019

Portfolio highlights

  • SolarSub — SolarSub is an environmental firm that offers floating solar cooling system.
  • Anemo Labs — We develop highly selective polymer-based sensors to detect gas VOCs in the ppb range, in real-time. We combine custom hardware with Machine Learning to characterize smells
  • INTELLIGENT MASS SPEC SOLUTIONS — Intelligent Mass Spec Solutions develops urine-based mass spectrometry and machine learning diagnostics for adrenal cancer.
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Speedinvest
VC Fund · Vienna, Wien, Austria · 2 investments in Bulgaria SaaS 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, Artificial Intelligence
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United Kingdom, Germany, Austria

Investor stats

  • Total investments: 674
  • Round size: Seed $797k–$7.9M; Pre-Seed $411k–$3.8M; Series A $4.1M–$33M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: Likely still investing — raised $372M 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!
  • GAMINSIDE — GAMINSIDE revolutionizes your relationship with your customers. As European full service provider, we deliver the complete package with solutions, services and software for gamified loyalty that is tailor-made and unique to your products, brands and customers. Integrate the best ideas from gamification and customer loyalty in your business areato exceed your commercial targets with GAMINSIDE.
  • Polaron — Material Design. Supercharged with AI.
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Magnus Capital
VC Fund · 2 investments in Bulgaria SaaS startups

Magnus Capital is a crypto investment firm.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Gaming
  • Stage:Seed, Initial Coin Offering
  • Geography: United States, India, United Kingdom

Investor stats

  • Total investments: 86
  • Round size: Seed $1.3M–$7.5M; Initial Coin Offering $2.1M–$34M
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • Spicenet — Spicenet is a hyper-fast Layer 2 (L2) trading solution, engineered as a custom application rollup to deliver ultra-fast, reliable, and efficient transaction processing for seamless trading experiences.
  • Real Finance — Real Finance is driven by the mission to revolutionize the financial landscape by integrating real-world assets with blockchain technology, creating a more transparent, secure, and efficient ecosystem that bridges traditional finance with decentralized innovation, enhances asset liquidity, and unlocks new opportunities for global investors.
  • WorkQuest — About WorkQuest WorkQuest is a decentralized employment and workforce automation protocol enabling employers and workers to collaborate through smart contracts, stablecoin payments, AI matching engines, and on-chain reputation scoring. The platform transforms global employment into a transparent, verifiable, and borderless digital labor economy.
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Bulgarian Development Bank
VC Fund · Sofia, Grad Sofiya, Bulgaria · 2 investments in Bulgaria SaaS startups

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.

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Investment focus

  • Industry: Finance, Software, Health Care
  • Stage:Seed, Pre-Seed, Debt Financing
  • Geography: Bulgaria

Investor stats

  • Total investments: 4
  • Round size: Seed $1.1M–$2.7M
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Quendoo — Next generation hotel optimization software. A suite of hospitality tools to increase revenue and growth for hotels of all sizes.
  • MedLease — MedLease specializes in financing solutions for healthcare SMEs, young healthcare professionals and patients. Doctors, partnering clinics and MedLease all share the same end customer – the patient. The company strives to achieve synergy via helping young professionals improve their qualification, financing smaller clinics purchase modern machinesfor treatment/diagnostics and provide the patients with reliable and transparent socially responsible healthcare financing solutions. MedLease believes that this synergy based business model provides trickle down effects that benefits and improves the quality of life of the end customer.
  • 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
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3TS Capital Partners
VC Fund · Helsinki, Southern Finland, Finland · 2 investments in Bulgaria SaaS startups

One of the leading European technology-focused growth capital investors, backing high-growth SMEs across Technology & Internet, Media & Communications.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Series A, Venture - Series Unknown
  • Geography: United States, Poland, Romania

Investor stats

  • Total investments: 79
  • Round size: Series A $768k–$12M; Venture - Series Unknown $1M–$11M
  • Lead/follow: 52% lead, 48% follow
  • Last fund: Likely still investing — raised $120M in 2024

Portfolio highlights

  • GoTo (formerly LogMeIn) — GoTo, formerly known as LogMeIn, offers flexible-work software solutions such as GoTo Connect, GoTo Resolve, Rescue, and Central. Designed primarily for small and midsize business IT departments yet robust enough for enterprise use, GoTo's platform supports unified communications and collaboration (UCC) as well as IT management and support.With nearly 800,000 customers, GoTo facilitates over 1 billion participants in meetings, classes, and webinars through its UCC products and enables half a billion connections via its remote access and support tools.
  • Wealthon — Wealthon is a lending firm that offers installment loans, bridging loans, and POSCASH to individuals and businesses.
  • BOOKR Kids — BOOKR Kids helps children develop better first and second language skills using engaging technology and fun reading activities and games.
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Openfund
VC Fund · Athens, Attiki, Greece · 2 investments in Bulgaria SaaS startups

Openfund is a new seed capital venture, focusing on start-ups around software, mobile and the web. Based in Athens, Greece, the Openfund brings together an exceptional team of executives, an extensive list of advisors and a number of passionate investors to provide everything a team of entrepreneurs needs to turn ideas into products and success.

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Investment focus

  • Industry: Software, E-Commerce, Mobile
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Greece, United Kingdom, United States

Investor stats

  • Total investments: 52
  • Round size: Seed $55k–$675k; Series A $1.5M–$5M
  • Lead/follow: 17% lead, 83% follow
  • Last fund: May invest from a new fund soon — raised $20M in 2013

Portfolio highlights

  • EverythingStore — Multi-crypto e-commerce for buying and selling goods on any blockchain.
  • Rocketgraph —
  • Tribe Wearables — OLXTOTO adalah platform terpercaya yang menghadirkan pengalaman bermain Toto Macau dan Toto Online dengan sistem modern, aman, dan mudah digunakan.
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Zee Prime Capital
VC Fund · Bratislava, Bratislava, Slovakia (Slovak Republic) · 2 investments in Bulgaria SaaS startups

Totally supercool and chilled VC investing in programmable assets, collaborative intelligence and other buzzwords.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Information Technology
  • Stage:Seed, Series A
  • Geography: United States, United Kingdom, Singapore

Investor stats

  • Total investments: 95
  • Round size: Seed $2M–$9M; Series A $5M–$43M
  • Lead/follow: 2% lead, 98% follow

Portfolio highlights

  • TrueDAO — TrueDAO is a new-generation AI-native decentralized autonomous financial infrastructure. Built on the underlying logic of DAO community co-governance, it leverages smart contracts to construct an on-chain financial system integrating AI algorithm scheduling, staking, and dynamic protection. It optimizes economic parameters and asset strategies inreal time via AI models, delivers low-volatility and sustainable value growth paths for digital assets, and pioneers an innovative paradigm of autonomous finance.
  • Cryopets — Pausing biological time with cryosleep for pets
  • Share — From subsea cables to last-mile networks, Share coordinates fragmented infrastructure into a single ecosystem.
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International Aviation Services
VC Fund · Sofia, Grad Sofiya, Bulgaria · 1 investments in Bulgaria SaaS startups

Founded in 2005, IAS Ltd. initiated its activity as an aviation consulting company with experienced engineers holding FAA A & P EASA licenses.

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Investment focus

  • Industry: Banking, FinTech, Software
  • Stage:Convertible Note
  • Geography: Bulgaria

Investor stats

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

Portfolio highlights

  • Software Group — Software Group is a global technology company that helps financial service providers digitize their business, extend outreach and improve efficiency.
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BlueOcean Ventures
VC Fund · Plan-les-ouates, Geneve, Switzerland · 1 investments in Bulgaria SaaS startups

BlueOcean Ventures SA provides capital, operational and company development advisory support (mentoring, company management, divestment experience, network, negotiation support) to entrepreneurs in Switzerland. BlueOcean Ventures is based in Geneva, Switzerland.

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Investment focus

  • Industry: Health Care, Medical, Personal Health
  • Stage:Seed, Series A, Series B
  • Geography: Switzerland, India, France

Investor stats

  • Total investments: 17
  • Round size: Seed $1M–$3M; Series A $2.3M–$20M
  • Lead/follow: 29% lead, 71% follow

Portfolio highlights

  • Augurix — Just another WordPress site
  • Mikajaki — Mikajaki is an innovative automated multi-patient ocular diagnostics platform. The platform enables the use of digital technology, robots, AI, and data, allowing patients and eye specialists access to the specific treatment they require. Mikajaki is currently collaborating with ophthalmology clinic groups across the world to test and implementEyeLib.
  • official.fm — At Official.fm, they develop powerful music promotion tools for you, whether you're an emerging artist or an accomplished label.They make it easy to manage a few tracks or a large catalog, create pages and players that look like you and share them across your favorite promotion platforms and social networks, all the while collectinginsightful analytics. Improving your workflow is their top priority.Promoting your music with official.fm will always be free. Music promotion is an investment for you and it is one for us too. Now you also have the ability to sell directly music to your fans. Soon they will offer more ways for your to generate revenue from your music.
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Wintermute
VC Fund · London, England, United Kingdom · 1 investments in Bulgaria SaaS startups

A leading algorithmic trading firm focused on building liquid and efficient markets in digital assets.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Financial Services
  • Stage:Seed, Series A
  • Geography: United States, Singapore, United Kingdom

Investor stats

  • Total investments: 90
  • Round size: Seed $3M–$18M; Series A $5M–$50M
  • Lead/follow: 4% lead, 96% follow
  • Last fund: Likely still investing — raised $20M in 2021

Portfolio highlights

  • BULK Trade — One Exchange Infinite Markets
  • Pave Bank — The world's first multi-asset and programmable bank
  • Nova Markets — Nova Markets is an on-chain capital and prediction market infrastructure project.
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a16z crypto
VC Fund · Menlo Park, California, United States · 1 investments in Bulgaria SaaS startups

A16z crypto is a $300M venture fund that will invest in crypto companies and protocols. The company's fund is designed to include features of traditional venture capital, updated to the modern crypto world.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, United Kingdom, Singapore

Investor stats

  • Total investments: 172
  • Lead/follow: no public data

Portfolio highlights

  • Nilo — Nilo is a collaborative 3D platform that works across desktop, mobile, Discord, and Telegram. It combines generative AI with world-building tools, allowing users to generate assets, characters, animations, and code from natural language or drawings. The result: a radically simplified creation experience that lowers the barrier to entry andaccelerates how quickly new ideas can be built, tested, and shared.It’s creation at the speed of culture: whether spinning up a game inspired by today’s viral sound, turning a group chat joke into a playable world or crafting a custom hangout, Nilo transforms imagination into interaction — instantly and collaboratively.Nilo’s key features include:Text-to-3D generation: Create characters, environments, and code from prompts or images. Browser-Based: Nilo runs entirely in your browser - no installs, no downloads, no friction. Voice-enabled coding: A built-in AI-powered code editor that supports spoken commands and natural language for playful, social programming. Real-time multiplayer: Co-create and play with friends instantly.Nilo was founded in April 2024, bringing together veterans from Fortnite, Twitch, YouTube, Snapchat, Microsoft, Adobe, Blizzard, VRChat, Rec Room, and major VFX projects such as Avatar and Star Wars.
  • Daylight — Anode Labs is leveraging web3 infrastructure to build the world's largest virtual power plant.
  • EigenLabs — Eigen Labs is an engineering and research organization that contributes to protocols like EigenLayer and EigenDA
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TechOne VC
VC Fund · Istanbul, Istanbul, Turkey · 1 investments in Bulgaria SaaS startups

TechOne VC is a venture capital firm. It invests in innovative tech startups founded by visionary entrepreneurs solving global problems, to deliver superior returns for our investors.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: Turkey, United States, Estonia

Investor stats

  • Total investments: 66
  • Round size: Seed $115k–$2.4M; Pre-Seed $30k–$605k
  • Lead/follow: 33% lead, 67% follow
  • Last fund: May invest from a new fund soon — raised $4.4M in 2020

Portfolio highlights

  • Co-one — Co-one empowers businesses to unlock the full potential of Generative AI. We provide data-driven solutions for LLM development, including evaluation and dataset generation.
  • Getmobil — Getmobil operates a smart device platform for buying and selling secondhand cellphones, laptops, and tablets. The company's platform repairs defective devices as quickly as possible offers a wide selection of device accessories, buys used electronic devices in good condition from consumers, determines the problems by passing them throughextensive tests, repairs them with an expert technical team, and resells them, allowing consumers to get a new or refurbished product at an affordable, reliable, and competitive price.
  • Spiky.AI — Spiky.ai delivers real-time coaching, CRM sync, and multilingual AI insights to boost sales performance and streamline meetings.
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Founderful Campus
VC Fund · Zürich, Zurich, Switzerland · 1 investments in Bulgaria SaaS startups

Founderful Campus aims to educate students and support entrepreneurs to disrupt the startup culture on campuses, producing the next generation of tech leaders, and creating more value for society.

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Investment focus

  • Industry: Artificial Intelligence, Information Technology, Software
  • Stage:Pre-Seed, Convertible Note, Seed
  • Geography: Switzerland, Bulgaria, United States

Investor stats

  • Total investments: 31
  • Round size: Seed $2.3M–$2.9M; Pre-Seed $21k–$2.7M; Convertible Note $21k–$31k
  • Lead/follow: 74% lead, 26% follow

Portfolio highlights

  • Forgis — Forgis is leading the next industrial revolution by introducing industrial intelligence into factories, which boosts the competitiveness of Western manufacturing.
  • Impact.build — Impact Build transforms excavated earth into low-carbon building elements using advanced robotic manufacturing, delivering circular construction that competes on both cost and performance.
  • Recreate — Mix - multimodal agents SDK
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NAP
VC Fund · Berlin, Berlin, Germany · 1 investments in Bulgaria SaaS startups

Cavalry is an early-stage venture capital investor focused on European technology companies.

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Investment focus

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

Investor stats

  • Total investments: 95
  • Round size: Seed $1.6M–$6.3M; Pre-Seed $1M–$6.2M; Series A $4.2M–$30M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: Likely still investing — fund raised in 2022

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.
  • UniteLabs — UniteLabs provides the foundational operating system for AI-driven lab automation in life science. It accelerates scientific discovery by closing the loop with a unified data and automation infrastructure, seamless integration, and intelligent control. Our platform empowers ambitious biotech companies, big pharma, integrators, and hardware vendorsby offering bidirectional connectors for diverse lab equipment, a scalable cloud platform with an open API, and a powerful workflow engine with an integrated compute environment. This allows for the creation of sophisticated, modular workflows, and enables rapid automation development through our Lab-as-Code environment, featuring a dynamic Python SDK and application-specific libraries.
  • beSirius — beSirius transforms ESG chaos into clarity - connecting your data to spot trends, reveal revenue signals, and answer any stakeholder in minutes. Smarter decisions, faster deals, zero admin drain.
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European regional development fund (ERDF)
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 1 investments in Bulgaria SaaS startups

The European Regional Development Fund (ERDF) aims to improve the European Union's economic, social, and territorial cohesion by resolving imbalances across its various regions. ERDF funds initiatives for which the European Commission and national and regional governments in member countries share responsibility. Each member state'sgovernment decides which initiatives to support and is responsible for their continued supervision.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Grant, Venture - Series Unknown, Pre-Seed
  • Geography: United Kingdom, Germany, France

Investor stats

  • Total investments: 74
  • Round size: Grant $44k–$2.2M; Pre-Seed $44k–$1.2M; Venture - Series Unknown $261k–$9.2M
  • Lead/follow: 35% lead, 65% follow

Portfolio highlights

  • Losanje — Losanje has a brand and an upcycling workshop that gives second-hand and unsold completed apparel and textiles a second life. Its goal is to create an innovative manufacturing chain that will allow for the first time the industrialization of upcycling, as well as to implement the most credible solution, both ecologically and economically.
  • PulmoBiomed — PulmoBioMed Ltd develops innovative breath-based sampling, enabling rapid, non-invasive detection of respiratory diseases for improved global healthcare.
  • noc™ — The world's simplest video chat app: Improves mental health and boosts innovation. It's a secure, cost effective and peer-to-peer telecoms solution for everyone.
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DAO Maker
VC Fund · Belle Vue, Cumbria, United Kingdom · 1 investments in Bulgaria SaaS startups

DAO Maker creates growth technologies and funding frameworks for startups, while simultaneously reducing risks for investors

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Financial Services
  • Stage:Seed, Initial Coin Offering, Pre-Seed
  • Geography: Spain, Singapore, Vietnam

Investor stats

  • Total investments: 55
  • Round size: Seed $1.2M–$4.8M; Pre-Seed $500k–$3.4M; Initial Coin Offering $700k–$11M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • Tea-Fi — Tea-Fi is an all-in-one decentralized finance (DeFi) platform that turns complexity into opportunity.
  • Finceptor — Become an early investor of Web3's top projects with over 250,000 other backers.
  • web3intelligence — Build wealth and trust in the world of crypto with intelligent financial tools, data and infrastructure.
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GD10 Ventures
VC Fund · 1 investments in Bulgaria SaaS startups

GD10 Venture helps develop early-stage Web3 companies through their alliance of financiers and marketers.

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Investment focus

  • Industry: Blockchain, Gaming, Cryptocurrency
  • Stage:Seed, Initial Coin Offering
  • Geography: Estonia, Hong Kong, India

Investor stats

  • Total investments: 28
  • Round size: Seed $780k–$4.3M; Initial Coin Offering $1.2M–$60M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • DOS Labs — DOS stand for Decentralized Operating System. We build a blockchain gaming platform for web3.
  • KIP Protocol — KIP Protocol is a decentralised AI framework unlocking digital property rights of Knowledge Assets in the AI-powered future.
  • Cross The Ages — Cross The Ages is a universe in which fantasy and science fiction come together. The two worlds share the single continent of Artellium. To the west lies Arkhante, masters of magic and summoning. To the east, the city-continent Mantris is home to ultra-connected multicultural people whose technology has invaded everyday life.The young Malkha,surrounded by her seven Primus, reigns from the capital, Babylonia. To the west, the city-continent Mantris is home to Neurotechs, an ultra-connected multicultural people whose technology has invaded everyday life. The Amortals, humans who have transferred their minds to super-AIs, run the corporations for which the citizen-shareholders of Mantris work.
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Maven Capital Partners
VC Fund · Glasgow, Glasgow City, United Kingdom · 1 investments in Bulgaria SaaS startups

Maven is one of the UK's leading private equity and investment firms. We provide essential capital and expertise to help businesses unlock their potential.

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Investment focus

  • Industry: Software, Information Technology, Manufacturing
  • Stage:Venture - Series Unknown, Seed, Private Equity
  • Geography: United Kingdom, United States, Germany

Investor stats

  • Total investments: 227
  • Round size: Seed $783k–$5M; Private Equity $981k–$15M; Venture - Series Unknown $648k–$8.3M
  • Lead/follow: 74% lead, 26% follow
  • Last fund: May invest from a new fund soon — raised $132M in 2019

Portfolio highlights

  • KubeNet — We are KubeNet - a multi-award winning technology solutions provider based in Glasgow. Whether it's Managed IT, IT Support, Cloud, Connectivity, Voice or Cyber Security, we're by your side as your trusted technology partner.
  • Tixserve — Secure, Trackable, Interactive Digital Tickets for Live Events
  • ReadyGo Diagnostics — ReadyGo Diagnostics has invented a novel “Diagnostic Pen”. Low cost, intuitive to use from the raw sample, the ReadyGo Pen will be a game-changer in the newly emerging consumer diagnostics market, offering a yes/no answer in minutes, based on molecular analysis.
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Pleiade Venture
VC Fund · Paris, Ile-de-France, France · 1 investments in Bulgaria SaaS startups

Pleiade Venture is a French Ventrue Capital Company. It supports innovative companies from all sectors, except biotech.

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Investment focus

  • Industry: Software, E-Commerce, Artificial Intelligence
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: France, Belgium, United Kingdom

Investor stats

  • Total investments: 39
  • Round size: Seed $700k–$5M; Series A $1.5M–$11M; Venture - Series Unknown $3.3M–$4.6M
  • Lead/follow: 15% lead, 85% follow

Portfolio highlights

  • SteerFox — Notre solution croissance e-commerce c'est : une plateforme unique de gestion des canaux SEA et une expertise humaie pour atteindre vos objectifs.
  • Kenko — Kenko is an application that helps to provide corporate health insurance.
  • ArcaScience — Achieving worldwide biomedical targeting, identifying adverse events, and mastering interoperability down to the tiniest form of data extraction and visualization is what ArcaScience does on a daily basis. User-friendly interface generating instant hypotheses, extracting therapeutic insights in seconds, and showing incredible graphicrepresentations to pick up any evidence made clear instantly.
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Moonwhale Ventures
VC Fund · 1 investments in Bulgaria SaaS startups

Moonwhale is an STO Financial Advisory offering companies strategic advice on STO process & structure, as well as token issuance incl. lifecycle management and secondary market on-boarding for their projects. Moonwhale is also building an End-to-End Security Token Offering (STO) Investment Platform will cater to investors looking to invest inSTO projects, and to companies looking to raise capital through STO to finance business expansion or new ventures. Investors will be presented with vetted projects incl. due- diligence reports and will be able to manage their investments through our platform.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Software
  • Stage:Seed, Pre-Seed
  • Geography: Singapore, United States, India

Investor stats

  • Total investments: 56
  • Round size: Seed $1.2M–$5M; Pre-Seed $225k–$3M
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • SQR3D — Transform your idea into 3D assets at scale. Smart Contract Automation for 3D Designs with SQR3D.
  • Reitio Protocol — We’re creating an effortless way for everyone to create custom metaverse assets visually via an intuitive and codeless templates-based design toolkit, introducing reitio protocol.
  • Genesis Shards — Crafting a whole new suite of NFT powered products across multiple blockchains
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RTP Global
VC Fund · London, England, United Kingdom · 1 investments in Bulgaria SaaS startups, 24 in the past 12 months

A global, early-stage venture capital firm, backing founders who use technology to reimagine how the world works like Datadog, DeliveryHero and Cred.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Series A, Seed, Series B
  • Geography: United States, India, Germany

Investor stats

  • Total investments: 281
  • Round size: Seed $2M–$13M; Series A $6M–$25M; Series B $11M–$80M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: Likely still investing — raised $1B in 2023

Portfolio highlights

  • Flam — Frontier AI research and product for interactive content. Video was the last big shift in content. Interactivity is the next one, and we're defining it.
  • Ahead Health — Ahead Health is redefining preventive healthcare by making personalized health insights clear, actionable, and accessible anytime, anywhere
  • Stable Money — Steady returns, untapped opportunities, and excellent long-term performance to aid your journey of wealth creation!
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IOI Capital
VC Fund · Abu Dhabi, Abu Dhabi, United Arab Emirates · 1 investments in Bulgaria SaaS startups

IOI Capital offers expert investment services, focusing on strategic partnerships, capital raising, and project packaging in sectors like technology, real estate, and green energy. Specializing in Eastern Europe, Central Asia, and the GCC, we drive growth and diversification.

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Investment focus

  • Industry: Internet, Software, Information Technology
  • Stage:Seed
  • Geography: Bulgaria

Investor stats

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

Portfolio highlights

  • YouMatch — Find your soulmate in 60 days! No swipes and no texting.
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BMW i Ventures
VC Fund · Mountain View, California, United States · 1 investments in Bulgaria SaaS startups

We operate with the speed and rigor of a Silicon Valley VC firm, while leveraging the value-add of BMW as a corporate partner

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Investment focus

  • Industry: Software, Automotive, Information Technology
  • Stage:Series B, Series A
  • Geography: United States, Germany, Canada

Investor stats

  • Total investments: 145
  • Round size: Series A $7M–$50M; Series B $14M–$61M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: May invest from a new fund soon — raised $300M in 2021

Portfolio highlights

  • Xometry — Xometry is a leader in high-precision production part and prototyping manufacturing on demand. Get instant quotes on CNC machining, 3D printing, sheet metal fabrication, laser cutting, and more.
  • GenXComm — GenXComm's Cellular Mesh-Based Technology for Public and Private Networks Offers Complete On-Site Coverage: Easy to Deploy, Fully Secure, & Highly Scalable
  • Plus One Robotics — The fastest and most reliable parcel handing robotics solutions in your warehouse.
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EIT Digital
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 1 investments in Bulgaria SaaS startups, 9 in the past 12 months

Join Europe's largest digital innovation ecosystem. For a strong digital Europe. Inclusive. Fair. Sustainable.

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Investment focus

  • Industry: Information Technology, Software, Internet
  • Stage:Pre-Seed, Grant, Seed
  • Geography: Italy, Spain, Poland

Investor stats

  • Total investments: 22
  • Lead/follow: no public data

Portfolio highlights

  • VoiceMed — Track respiratory health using voiceWe bring deep-tech innovation into your smartphone. With vocal biomarkers and artificial intelligence, we track the evolution of respiratory diseases.
  • Assiduous — The AI-enabled platform to do the heavy-lifting for business owners seeking finance for their aspiring growth company.
  • Veganistik — Veganistik is a new generation vegan social platform, helping you start your plant-based life or maximize your experience.
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Accession Capital Partners
VC Fund · Vienna, Wien, Austria · 1 investments in Bulgaria SaaS startups

Central Europe's leading provider of financing solutions for middle market businesses.

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Investment focus

  • Industry: Manufacturing, Health Care, Telecommunications
  • Stage:Debt Financing, Private Equity
  • Geography: Poland, Bulgaria, Hungary

Investor stats

  • Total investments: 60
  • Round size: Debt Financing $10M–$33M
  • Lead/follow: 37% lead, 63% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • Polmed — Polmed provides laboratory tests, medical care packages, and diagnostic tests. They offer companies medical packages that vary in scope and cost, and comprehensive occupational medicine management, vaccinations, and preventive measures. An online inquiry form is available on the company's website.
  • Vetti Group — Vetti Group is a veterinary service group create the conditions for better and more complete care for pets.
  • Agrova International — Agrova International is a farming based company that aims to turn every egg into nutrition, scientific progress and renewable energy.
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Genblock Capital
VC Fund · San Francisco, California, United States · 1 investments in Bulgaria SaaS startups

Genblock Capital invests exclusively in blockchain and cryptocurrency, with a focus on decentralized finance.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Financial Services
  • Stage:Seed, Initial Coin Offering
  • Geography: United States, Singapore, United Kingdom

Investor stats

  • Total investments: 154
  • Round size: Seed $1.2M–$8M; Initial Coin Offering $5M–$314M
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • OX.FUN — Trade Bitcoin, Ethereum and trending altcoin derivatives on the most FUN exchange around. Join OX.FUN today and earn up to 200% yield. Moo.
  • AINN Layer2 — AINN Layer2 is a decentralized Bitcoin Layer2 network development.It promotes large-scale AI applications
  • Sanctum — Stake SOL and earn optimized LST returns from JupSOL, bbSOL, and more, and launch your own custom LST and Solana validator.
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SaaS VC funding in Bulgaria at a glance

Stats across 337 deals from 159 investors.

159
investors
in Bulgaria SaaS startups
337
deals
in Bulgaria SaaS startups
$106k
median round
in Bulgaria SaaS startups
48%
lead investors
lead at least one round
45%
Seed
most common funding stage

Access all 159 VC funds in Bulgaria SaaS startups.

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