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Top 50 SaaS VC Funds & Investors in Bulgaria (July 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
47 Bulgaria, United States, United Kingdom Seed, Convertible Note, Pre-Seed Software, SaaS, Information Technology $27k–$2.7M
LAUNCHub Ventures
VC Fund
29 Bulgaria, United Kingdom, United States Seed, Series A, Pre-Seed Software, SaaS, Internet $44k–$58M
Impetus Capital
VC Fund
12 Bulgaria, United States, India Seed, Pre-Seed Software, Information Technology, SaaS $121k–$3M
Vitosha Venture Partners
VC Fund
11 Bulgaria, United States, United Kingdom Pre-Seed, Seed Software, Marketplace, Information Technology
New Vision 3
VC Fund
6 Bulgaria, Italy, Croatia Seed, Pre-Seed, Venture - Series Unknown Software, Internet, Marketing $108k–$3.8M
BrightCap Ventures
VC Fund
4 United States, Bulgaria, United Kingdom Seed, Pre-Seed Software, Artificial Intelligence, SaaS $212k–$6M
North Base Media
VC Fund
3 United States, India, United Kingdom Seed, Series A, Series B Digital Media, Publishing, Advertising $75k–$23M
BlackPeak Capital
VC Fund
3 Bulgaria, United States, France Private Equity, Series B, Seed Manufacturing, Leisure, Software $464k–$50M
Sofia Angels Ventures
VC Fund
2 Bulgaria, United Kingdom, Germany Seed, Pre-Seed, Series A Software, Artificial Intelligence, Machine Learning $108k–$11M
Skynet Trading
VC Fund
2 Singapore, United States, Switzerland Seed, Series A Blockchain, Cryptocurrency, Financial Services $1.5M–$15M
South Central Ventures
VC Fund
2 United States, United Kingdom, Serbia Seed, Pre-Seed, Series A Software, Artificial Intelligence, SaaS $33k–$5.5M
3TS Capital Partners
VC Fund
2 United States, Romania, Poland Series A, Seed Software, Internet, SaaS $719k–$12M
NEVEQ
VC Fund
2 Bulgaria, Argentina Seed, Series A SaaS, Mobile, Analytics $1.1M–$2.3M
Speedinvest
VC Fund
2 United Kingdom, Germany, Austria Seed, Series A, Pre-Seed Software, FinTech, Financial Services $549k–$33M
Openfund
VC Fund
2 Greece, United Kingdom, United States Seed, Series A, Pre-Seed Software, Travel, SaaS $55k–$5M
Imprimatur Capital Fund Management
VC Fund
2 Latvia, United States, United Kingdom Seed, Debt Financing Software, Information Technology, Apps $63k–$549k
Bulgarian Development Bank
VC Fund
2 Bulgaria Seed, Pre-Seed, Debt Financing Finance, Software, Health Care $1.1M–$2.7M
PostScriptum Ventures
VC Fund
2 Bulgaria, Germany, United States Private Equity, Seed, Angel Software, B2B, SaaS
Morningside Hill Capital Management
VC Fund
2 Bulgaria, China Seed Software, AgTech, Farming $1.1M–$4.4M
Ascensive Assets
VC Fund
1 United States, Singapore, Brazil Seed, Series A Blockchain, Cryptocurrency, Gaming $1.2M–$9M
Maven Capital
VC Fund
1 United Arab Emirates, Singapore, United States Seed, Pre-Seed Blockchain, Gaming, Cryptocurrency $700k–$6M
NewTribe Capital
VC Fund
1 United States, Singapore, Switzerland Seed, Venture - Series Unknown Blockchain, Cryptocurrency, Information Technology $220k–$10M
SeedBlink
VC Fund
1 Romania, United States, United Kingdom Seed, Pre-Seed, Series A Software, SaaS, Information Technology $137k–$35M
Zee Prime Capital
VC Fund
1 United States, Singapore, United Kingdom Seed, Series A Blockchain, Cryptocurrency, Information Technology $1.9M–$43M
HardGamma Ventures
VC Fund
1 United Kingdom, Poland, United States Seed, Convertible Note Software, E-Commerce, Education $35k–$1.1M
Accession Capital Partners
VC Fund
1 Poland, Bulgaria, Hungary Debt Financing, Private Equity Manufacturing, Health Care, Telecommunications $10M–$33M
Peech Capital
VC Fund
1 Singapore, Spain, Estonia Seed, Corporate Round Cryptocurrency, Gaming, FinTech $1.8M–$5.7M
ZBS CAPITAL
VC Fund
1 United States, Singapore, India Seed, Initial Coin Offering Blockchain, Cryptocurrency, Financial Services $735k–$25M
Varys Capital
VC Fund
1 United States, Panama, Spain Seed, Pre-Seed, Series A Blockchain, FinTech, Cryptocurrency $735k–$5.5M
Marshland Group
VC Fund
1 United Arab Emirates, United Kingdom, Singapore Seed, Pre-Seed Blockchain, Cryptocurrency, Information Technology $1.5M–$8.5M
BMW i Ventures
VC Fund
1 United States, Germany, Canada Series B, Series A Software, Automotive, Information Technology $7M–$61M
Lucid Blue Ventures
VC Fund
1 Singapore, United States, Spain Seed, Series A Blockchain, Gaming, FinTech $1.7M–$10M
RR² CAPITAL
VC Fund
1 Ireland, Bulgaria, Portugal Seed, Initial Coin Offering Blockchain, Software, Information Technology $1M–$2.5M
EIT Digital
VC Fund
1 Italy, Spain, Poland Pre-Seed, Grant, Seed Information Technology, Software, Internet
MH Ventures
VC Fund
1 United States, Singapore, United Arab Emirates Seed, Pre-Seed Blockchain, Cryptocurrency, Software
Daedalus Angel Syndicate
VC Fund
1 United States, Singapore, France Seed, Pre-Seed, Series A Blockchain, Cryptocurrency, Financial Services
International Aviation Services
VC Fund
1 Bulgaria Convertible Note Banking, FinTech, Software
European Investment Bank
VC Fund
1 France, Germany, The Netherlands Debt Financing, Post-IPO Debt Biotechnology, Health Care, Energy $16M–$658M
IOI Capital
VC Fund
1 Bulgaria Seed Internet, Software, Information Technology
HR Capital
VC Fund
1 Bulgaria Seed Internet, Marketing, E-Commerce $292k–$870k
NAP
VC Fund
1 Germany, United Kingdom, Ireland Seed, Series A, Pre-Seed Software, Information Technology, SaaS $1M–$30M
Moonrock Capital
VC Fund
1 United States, Singapore, United Kingdom Seed, Pre-Seed Blockchain, Information Technology, Cryptocurrency
a16z crypto
VC Fund
1 United States, United Kingdom, Singapore Seed, Pre-Seed, Series A Blockchain, Cryptocurrency, Information Technology
Wintermute
VC Fund
1 United States, Singapore, United Kingdom Seed, Series A Blockchain, Cryptocurrency, Financial Services $3M–$50M
METRIX Capital Group
VC Fund
1 Spain, Vietnam, Bulgaria Seed, Pre-Seed Gaming, Blockchain, Cryptocurrency $1.5M–$4.5M
TechOne VC
VC Fund
1 Turkey, United States, Estonia Seed, Pre-Seed Software, SaaS, Information Technology $30k–$2.8M
SFC Capital
VC Fund
1 United Kingdom, United States, Canada Pre-Seed, Seed Artificial Intelligence, Software, Information Technology $127k–$2M
BlueOcean Ventures
VC Fund
1 Switzerland, India, France Seed, Series A, Series B Health Care, Medical, Personal Health $1M–$20M
MetaCartel Ventures
VC Fund
1 United States, United Kingdom, Singapore Seed, Series A, Pre-Seed Blockchain, Cryptocurrency, Software $1M–$30M
AU21 Capital
VC Fund
1 United States, Singapore, United Kingdom Seed, Initial Coin Offering Blockchain, Cryptocurrency, Gaming $1.1M–$14M
Access all 118 VC funds in Bulgaria SaaS startups.

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

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Investor list

Eleven Ventures
VC Fund · Sofia, Grad Sofiya, Bulgaria · 47 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, SaaS, Information Technology
  • Stage:Seed, Convertible Note, Pre-Seed
  • Geography: Bulgaria, United States, United Kingdom

Investor stats

  • Total investments: 145
  • Round size: Seed $27k–$2.7M; 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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LAUNCHub Ventures
VC Fund · Sofia, Grad Sofiya, Bulgaria · 29 investments in Bulgaria SaaS 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: 139
  • Round size: Seed $44k–$3.5M; Pre-Seed $183k–$2.8M; 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

  • 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.
  • 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.
  • Giraffe360 — Giraffe360 is game-changing subscription product for real estate companies to streamline professional quality photography and high accuracy floor plan creation.
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Impetus Capital
VC Fund · Sofia, Grad Sofiya, Bulgaria · 12 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: Software, Information Technology, SaaS
  • Stage:Seed, Pre-Seed
  • Geography: Bulgaria, United States, India

Investor stats

  • Total investments: 24
  • Round size: Seed $121k–$3M; Pre-Seed $163k–$1.9M
  • 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 · 6 investments in Bulgaria SaaS startups

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

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Investment focus

  • Industry: Software, Internet, Marketing
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: Bulgaria, Italy, Croatia

Investor stats

  • Total investments: 22
  • Round size: Seed $217k–$3.8M; Pre-Seed $108k–$541k; Venture - Series Unknown $1.4M–$1.4M
  • Lead/follow: 86% lead, 14% follow

Portfolio highlights

  • 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.
  • VibeJobs — VibeJobsis a company that provides quick and easy access to the most sought-after professionals in the labor market by leveraging a chatbot-based communication and recruiting automation solution.
  • 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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BrightCap Ventures
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 4 investments in Bulgaria SaaS startups

We invest in early-stage tech startups with roots in Southeast Europe, working on defensible technology and a clear strategy for entering affluent markets.

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Investment focus

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

Investor stats

  • Total investments: 31
  • Round size: Seed $932k–$6M; Pre-Seed $212k–$2.6M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: May invest from a new fund soon — raised $29M in 2018

Portfolio highlights

  • Jest — Jest offers messaging games that are built for the texting era. Jest allows frictionless, no-download gameplay that is optimized for maximum retention and growth.
  • 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.
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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, Publishing, Advertising
  • Stage:Seed, Series A, Series B
  • Geography: United States, India, United Kingdom

Investor stats

  • Total investments: 60
  • Round size: Seed $75k–$5.7M; Series A $2M–$8M; Series B $2M–$23M
  • Lead/follow: 25% lead, 75% follow
  • Last fund: May invest from a new fund soon — raised $19M in 2019

Portfolio highlights

  • Majarra — Majarra is an Arabic online content provider in the region.
  • Rappler — Rappler is the Philippines' leading digital media company that's driven by uncompromising journalism, enabled by technology, and enriched by communities of action.
  • Kaleidoscope — Kaleidoscope Content, bringing vivid stories from around the globe. Listen in color!
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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, Leisure, Software
  • Stage:Private Equity, Series B, Seed
  • Geography: Bulgaria, United States, France

Investor stats

  • Total investments: 21
  • Round size: Seed $464k–$549k; Series B $7.7M–$50M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: Likely still investing — raised $147M 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 — Fasal offers high-performance injection-moldable compounds made from renewable lumber, allowing for sustainable production of complex and durable wood products.
  • 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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Sofia Angels Ventures
VC Fund · Sofia, Grad Sofiya, Bulgaria · 2 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, Artificial Intelligence, Machine Learning
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Bulgaria, United Kingdom, Germany

Investor stats

  • Total investments: 21
  • Round size: Seed $657k–$2.9M; Pre-Seed $108k–$901k; Series A $9.8M–$11M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Ogre AI — Ogre AI is a data science company specializing in machine learning and artificial intelligence solutions
  • Fabrico SaaS — Fabrico is a cloud-based CMMS, which manages all the maintenance processes in a production plant by integrating end-to-end maintenance strategies in a lean way.
  • 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.
Show all investments...

Skynet Trading
VC Fund · Hong Kong, Hong Kong Island, Hong Kong · 2 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, Financial Services
  • Stage:Seed, Series A
  • Geography: Singapore, United States, Switzerland

Investor stats

  • Total investments: 37
  • Round size: Seed $1.5M–$9.6M; Series A $9M–$15M
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • BullPerks — BullPerks is a community of like-minded individuals who want to leverage their power and invest together in the best projects on equal terms with VCs.
  • Bitlight Labs — Make Bitcoin Smart
  • Pheasant Network — Pheasant Network uses intent-based bridging and an innovative cross-chain swap protocol to connect 30+ blockchain networks quickly and efficiently.
Show all investments...

Access 48,091 investors

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

Browse database — It's Free!
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, Artificial Intelligence, SaaS
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, United Kingdom, Serbia

Investor stats

  • Total investments: 61
  • Round size: Seed $219k–$2.8M; Pre-Seed $33k–$2M; Series A $329k–$5.5M
  • Lead/follow: 59% lead, 41% follow
  • Last fund: Likely still investing — raised $82M in 2022

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!
  • 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.
  • City Expert — City Expert Global is a Serbian startup that introduces new technologies and business approach to the traditional real estate sector. It focuses on creating new standards in the advertising and agency real estate sector. City Expert Global was founded in 2015 by Darko Luković, Stefan Stojanović, and Igor Jović. It is based in Belgrade, Serbia.
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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, Internet, SaaS
  • Stage:Series A, Seed
  • Geography: United States, Romania, Poland

Investor stats

  • Total investments: 70
  • Round size: Seed $719k–$2.6M; Series A $768k–$12M
  • Lead/follow: 49% lead, 51% follow
  • Last fund: Likely still investing — raised $176M in 2021

Portfolio highlights

  • NEXD — Nexd is a platform for creating interactive programmatic display and video ads. Free 14-day trial.
  • GoTo (formerly LogMeIn)
  • ConveyIQ — ConveyIQ provides an intelligent candidate engagement platform. Its platform features an all-in-one bespoke communication framework for the entire candidate journey. ConveyIQ delivers personalized applicant communication that companies need to ensure a remarkable candidate journey.
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NEVEQ
VC Fund · Sofia, Grad Sofiya, Bulgaria · 2 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: SaaS, Mobile, Analytics
  • Stage:Seed, Series A
  • Geography: Bulgaria, Argentina

Investor stats

  • Total investments: 3
  • Round size: Seed $1.1M–$2.3M
  • Lead/follow: 0% lead, 100% follow

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

Investor stats

  • Total investments: 552
  • Round size: Seed $980k–$8M; Pre-Seed $549k–$4.1M; Series A $4M–$33M
  • Lead/follow: 42% lead, 58% follow
  • Last fund: Likely still investing — raised $384M in 2022

Portfolio highlights

  • Bikemap — Bikemap is the crowdsourced cycling map & navigation of the world. With the help of more than 2.3M users in 100 countries, Bikemap helps you find the best cycling route from A to B - every time. Users shared more than 4M cycling routes in all corners of the world - and within the Bikemap Premium subscription, tens of thousands get access tooffline, routing, map features.
  • morgana — Morgana is reshaping the mortgage industry in Latam. With a 5x faster application process, in-depth market knowledge, privileged access to data, and superb team, we are a groundbreaking digital mortgage broker that will shortly be competing with banks.
  • 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.
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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, Travel, SaaS
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Greece, United Kingdom, United States

Investor stats

  • Total investments: 47
  • Round size: Seed $55k–$675k; Series A $1.5M–$5M
  • Lead/follow: 15% lead, 85% follow
  • Last fund: May invest from a new fund soon — raised $18M in 2013

Portfolio highlights

  • Goodvidio — Goodvidio is a software service that turns the power of product videos into a conversion optimization tool. It helps ecommerce stores optimize their product pages for conversions by adding curated product videos from social media, to engage shoppers and drive purchases.
  • 100mentors — The problem:We take our most critical career & academic decisions quite randomly. *Our mission:To empower the world’s youth to consciously take their once in a lifetime decisions.100mentors: On-demand access to the world's largest alumni network. Prepare your students for the workplace of the future.* We live in an agewhere you can have an Uber cab show up in 2', with the car type you like, full visibility of the driver reviews, even the ability to pre-set the music you'​ ll listen to during your ride. At the same time, you have almost zero capacity to personalise yours or your kid's career & academic orientation to find what truly fits their profiles, needs & special talents or customise their counselling for landing their dream universities & jobs & pursuing their real inclinations...https://www.youtube.com/watch?v=g18FLCNjscM&feature=youtu.be
  • Welcome Pickups — Book a trusted local driver to pick you up and introduce you to your next destination, pre-order travel essentials.
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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: 81
  • Round size: Seed $131k–$549k; Debt Financing $63k–$70k
  • Lead/follow: 20% lead, 80% follow
  • Last fund: May invest from a new fund soon — last raise 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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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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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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Morningside Hill Capital Management
VC Fund · Sofia, Grad Sofiya, Bulgaria · 2 investments in Bulgaria SaaS startups

Private investment partnership

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Investment focus

  • Industry: Software, AgTech, Farming
  • Stage:Seed
  • Geography: Bulgaria, China

Investor stats

  • Total investments: 6
  • Round size: Seed $1.1M–$4.4M
  • 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.
  • ThingsLog
  • 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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Ascensive Assets
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 1 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, Series A
  • Geography: United States, Singapore, Brazil

Investor stats

  • Total investments: 52
  • Round size: Seed $1.2M–$9M; Series A $4M–$7.5M
  • Lead/follow: 19% lead, 81% follow
  • Last fund: Likely still investing — raised $130M in 2021

Portfolio highlights

  • StripChain — Stripchain is an intent-based interoperability standard that enables chain abstraction.
  • 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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Maven Capital
VC Fund · Dubai, Dubai, United Arab Emirates · 1 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, Pre-Seed
  • Geography: United Arab Emirates, Singapore, United States

Investor stats

  • Total investments: 44
  • Round size: Seed $1.2M–$6M; Pre-Seed $700k–$3.4M
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • ChimpX AI — ChimpX AI is an AI-powered decentralized finance (DeFi) superapp designed to simplify crypto trading, cross-chain asset management, and blockchain interactions through natural language commands. The platform focuses on making complex DeFi operations accessible to everyday users by combining artificial intelligence, automation, and gaslesstransactions into a single interface.
  • Gacha Galaxy — Gacha Galaxy is a Web3 discovery platform that surfaces high-signal projects using data-driven market intelligence. It aggregates on-chain activity, market movements, and curated sentiment/community inputs to help users identify meaningful trends beyond vanity metrics.
  • 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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NewTribe Capital
VC Fund · Dubai, Dubai, United Arab Emirates · 1 investments in Bulgaria SaaS startups

NewTribe Capital specializes in early-stage Web3 blockchain investments in Asia, Europe, and MENA. Discover our portfolio, team, etc.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Information Technology
  • Stage:Seed, Venture - Series Unknown
  • Geography: United States, Singapore, Switzerland

Investor stats

  • Total investments: 71
  • Round size: Seed $220k–$9M; Venture - Series Unknown $1.3M–$10M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Rhuna — Rhuna is an AI and blockchain platform that transforms event management with NFT ticketing and token rewards.
  • Bluwhale — Unlock Web3 Wallet Potential with AI Insights. Supercharge Your Business Growth
  • BluWhale — BluWhale's mission is to leverage AI and ML to allow game developers to focus on ways to improve the game rather than wrangling and making sense of astronomical amounts of data. BluWhale's smart automation will do the heavy lifting usually reserved for data analysts and data scientists all in the background, and surface actionable insight
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Zee Prime Capital
VC Fund · Bratislava, Bratislava, Slovakia (Slovak Republic) · 1 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, Singapore, United Kingdom

Investor stats

  • Total investments: 84
  • Round size: Seed $1.9M–$9M; Series A $2.8M–$43M
  • Lead/follow: 2% lead, 98% follow

Portfolio highlights

  • Cryopets — Pausing biological time with cryosleep for pets
  • Share — Share operates as an independent and neutral digital infrastructure platform dedicated to advancing Africa’s growth and development. It provides reliable, scalable, and inclusive technological foundations that enable governments, businesses, and communities to build, connect, and innovate.
  • Ceramic Network — Ceramic Network is a provider of protocols for decentralized and composable data applications. The network decentralizes application databases, making data universally composable and reusable across applications. It consists of three core parts: a highly-scalable, decentralized infrastructure for data availability and consensus, a marketplace ofcommunity-created data models, and a suite of standard APIs for storing, updating, and retrieving data from those models.
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HardGamma Ventures
VC Fund · Warsaw, Mazowieckie, Poland · 1 investments in Bulgaria SaaS startups

HardGamma Ventures is a venture capital fund that invests in startups that focuses on computing, internet, biotechnology, and more. Early stage VC fund focused on Polish and CEE startups.The Fund invests in projects such as seed and startups in the area of computing, Internet, mobile technologies, the biotechnology sector and physicochemicaltechnologies. HardGamma Ventures invests in strong teams developing projects with global potential - providing funding and support for business planning, marketing, product positioning and other business functions.The HardGamma team is constantly in contact and cooperation with leading competitions and incubator programs in Europe and USA - Seedcamp (UK), The Difference Engine (UK), Springboard (UK), Startup Bootcamp (Denmark), TechStars (United States), and the pan-European incubator program HackFwd (Germany), where the team is responsible for the assessment and certification program for start-ups, and the International Incubator of the University of Maryland (United States).The team of HardGamma is also building a network affiliation with other VC funds in the region to broaden the range of exploration and investment opportunities and to increase international support and business opportunities for the portfolio of projects.

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Investment focus

  • Industry: Software, E-Commerce, Education
  • Stage:Seed, Convertible Note
  • Geography: United Kingdom, Poland, United States

Investor stats

  • Total investments: 38
  • Round size: Seed $35k–$1.1M
  • Lead/follow: 39% lead, 61% follow

Portfolio highlights

  • 1mind — Finding a therapist is hard, we can help. Get matched to a therapist near you with 1mind.
  • Silverback.ai — The ultimate business intelligence platform for e-commerce marketplaces
  • Proxigroup — Solving the lack of visibility and transparency in asset management.
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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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Peech Capital
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 1 investments in Bulgaria SaaS startups

Peech Capital is a digital asset fund that specialises in decentralised finance and blockchain startups.

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Investment focus

  • Industry: Cryptocurrency, Gaming, FinTech
  • Stage:Seed, Corporate Round
  • Geography: Singapore, Spain, Estonia

Investor stats

  • Total investments: 9
  • Round size: Seed $1.8M–$5.7M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Gamium — Gamium is a Web3 and Metaverse technology company building the truly Decentralized Social Metaverse.
  • Kudo Labs — Kudo is building an ecosystem of DeFi and web 3.0 products like Unomi and Bitquity for mainstream crypto adoption.
  • Primex Finance — Primex is the cross-chain prime brokerage liquidity protocol for cross-DEX margin trading with trader scoring mechanisms.In Primex, lenders provide liquidity to pools where traders can use it for leveraged trading in cross-DEX environments, while lenders then have an opportunity to earn high yields; their interest is generated from margin feesand profits on successful trades.Lenders have the flexibility to manage their risks and return by providing liquidity to a variety of risk buckets, subsets of liquidity pools that regulate trader risk strategies.
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ZBS CAPITAL
VC Fund · Kyiv, Kyyiv, Ukraine · 1 investments in Bulgaria SaaS startups

ZBS Capital - distinguished crypto venture fund, backed by major media resources including CryptoDiffer.

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Investment focus

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

Investor stats

  • Total investments: 131
  • Round size: Seed $735k–$6M; Initial Coin Offering $2.9M–$25M
  • Lead/follow: 2% lead, 98% follow
  • Last fund: May invest from a new fund soon — raised $500k in 2017

Portfolio highlights

  • Gamium — Gamium is a Web3 and Metaverse technology company building the truly Decentralized Social Metaverse.
  • MonkeyLeague — MonkeyLeague is a video game company. They develop PC and console-based NFT games. The company offers a turn-based, play-and-earn multi-player soccer game that provides monkey NFTs of genetic composition formulated from 32 traits.
  • Alliance Games — Build Beyond Limits. Multiplayer for the Next, Decentralized Era.
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Varys Capital
VC Fund · New York, New York, United States · 1 investments in Bulgaria SaaS startups

Varys Capital is a total return fund providing secure access to the digital asset class through its dual approach to investment returns in venture capital.

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Investment focus

  • Industry: Blockchain, FinTech, Cryptocurrency
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Panama, Spain

Investor stats

  • Total investments: 15
  • Round size: Seed $735k–$5.5M; Pre-Seed $1.1M–$3.5M
  • Lead/follow: 27% lead, 73% follow

Portfolio highlights

  • MSafe — MSafe offers the most secure, decentralized, scalable Web3 non-custodial, multi-signature solution built on Move, ideal for dApp developers to use for treasury management, token management, smart contract development, blockchain protocol admin control, live on Aptos
  • Polysights — Polysights is an AI-powered prediction market analytics and automation platform that delivers market intelligence and trade execution tools.
  • Turtle Club — Turtle aligns incentives between protocols and LPs to offer the best curated incentives in DeFi.
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Marshland Group
VC Fund · Castries, Castries, Saint Lucia · 1 investments in Bulgaria SaaS startups

Marshland Group is a venture capital firm focused on early-stage companies with dynamic teams and disruptive ideas.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: United Arab Emirates, United Kingdom, Singapore

Investor stats

  • Total investments: 21
  • Round size: Seed $1.5M–$8.5M; Pre-Seed $1.5M–$1.9M
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • ChimpX AI — ChimpX AI is an AI-powered decentralized finance (DeFi) superapp designed to simplify crypto trading, cross-chain asset management, and blockchain interactions through natural language commands. The platform focuses on making complex DeFi operations accessible to everyday users by combining artificial intelligence, automation, and gaslesstransactions into a single interface.
  • BuyerBeats — BuyerBeats is an AI workforce platform for SMEs that captures purchasing signals, executes sales workflows, and interacts consumers.
  • Interstate — Interstate is an Ethereum pre-confirmation protocol. It aims to make Ethereum transactions near-instant and allow applications to self-order while maintaining full composability with L1.
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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: Likely still investing — 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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Lucid Blue Ventures
VC Fund · 1 investments in Bulgaria SaaS startups

Lucid Blue Ventures operates as a venture capital firm.

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Investment focus

  • Industry: Blockchain, Gaming, FinTech
  • Stage:Seed, Series A
  • Geography: Singapore, United States, Spain

Investor stats

  • Total investments: 36
  • Round size: Seed $1.7M–$6.5M; Series A $3.7M–$10M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Credbull — Credbull manages on-chain private credit funds that provide vital financing solutions to creditworthy small and medium-sized enterprises (SMEs).
  • Ink Finance — Ink Finance is the scalability solution for web3 DAOs, protocols and asset managers, enabling them to customize asset management and governance frameworks through a no-code interface, to effectively establish on-chain credit and financial competence. Ink Finance allows a one-stop and frictionless solution for organized financial activities, with scalability and customizability.
  • Velvet Capital — Trade any crypto onchain - spot and perpetuals across 7 chains with AI-powered routing. Non-custodial DeFi trading terminal + AI trading bot. 100K+ traders.
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RR² CAPITAL
VC Fund · Lisbon, Lisboa, Portugal · 1 investments in Bulgaria SaaS startups

RR2 Capital is a venture capital firm that provides investment services.

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Investment focus

  • Industry: Blockchain, Software, Information Technology
  • Stage:Seed, Initial Coin Offering
  • Geography: Ireland, Bulgaria, Portugal

Investor stats

  • Total investments: 11
  • Round size: Seed $1M–$2.5M
  • Lead/follow: 9% lead, 91% follow

Portfolio highlights

  • Gamium — Gamium is a Web3 and Metaverse technology company building the truly Decentralized Social Metaverse.
  • STAGE — Always-on music competitions powered by the blockchain. Vote for your favorite artists and share their success.
  • NXI — Nexus Interactive gives collective growth and accrued value to its ecosystem.
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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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MH Ventures
VC Fund · London, England, United Kingdom · 1 investments in Bulgaria SaaS startups

MH Ventures is a world class community-backed Venture Capital investing in top blockchain projects of the future

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Investment focus

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

Investor stats

  • Total investments: 166
  • Lead/follow: no public data

Portfolio highlights

  • Voyage — Voyage AI is an AI infrastructure project building the first GEOFi network to make AI-generated content citable.
  • PublicAI — PublicAI is a Web3 distributed AI training network that helps people to earn rewards by contributing data work.
  • Cold River Games — Crystalfall is an upcoming free online action RPG with customizable skills and an endless endgame, set in a steampunk world.
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Daedalus Angel Syndicate
VC Fund · London, England, United Kingdom · 1 investments in Bulgaria SaaS startups

Daedalus Angel Syndicate is a blockchain-focused angel collective.

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Investment focus

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

Investor stats

  • Total investments: 36
  • Lead/follow: no public data

Portfolio highlights

  • Barter — Barter enables decentralized applications by ensuring efficient transaction routing and optimization.
  • DeCharge Network — DeCharge Network lays the groundwork for a global energy network that will power automobiles, drones, and future technology.
  • Schuman Financial — Schuman Financial develops technologies, infrastructure, and products that bring financial services on-chain.
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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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European Investment Bank
VC Fund · Luxembourg, Luxembourg, Luxembourg · 1 investments in Bulgaria SaaS startups

The European Investment Bank (EIB) offers lending, borrowing, and treasury services primarily within the European Union. It provides project loans for public and private sectors, loans to banks and intermediaries, structured finance products, guarantees, and securitization instruments for debts. Additionally, EIB offers equity and fund investmentproducts, including infrastructure and environmental funds, as well as venture capital funds. EIB also supports microfinance and risk-sharing finance for research and innovation, and provides technical expertise for sustainable energy projects. Its services include infrastructure advisory, urban development support, guarantees for transport infrastructure, and funding for public-private partnerships and small- to medium-sized enterprises. The bank serves various sectors, including transportation, energy, health, education, and agriculture.

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Investment focus

  • Industry: Biotechnology, Health Care, Energy
  • Stage:Debt Financing, Post-IPO Debt
  • Geography: France, Germany, The Netherlands

Investor stats

  • Total investments: 489
  • Round size: Post-IPO Debt $16M–$658M; Debt Financing $16M–$370M
  • Lead/follow: 82% lead, 18% follow

Portfolio highlights

  • Affibody — Affibody is a Swedish biotech company focused on developing next generation products for therapy, diagnostic imaging, and other applications based on its unique proprietary technology platforms: Affibody® molecules and Albumod™.Affibody® molecules, which are small, robust and easily produced, can be designed to bind specifically to a largenumber of target proteins. They have a broad range of applications including protein purification, enzyme inhibition, research reagents for protein capture and detection, diagnostics, including molecular imaging, and targeted therapeutics.
  • RE:OCEAN — OUR MISSION IS TO FARM SALMON FOR THE BENEFIT OF HEALTH AND THE PLANET. WE'LL DO THIS BY BUILDING A LARGE SCALE FISH FARM IN THE middle OF SWEDEN. - WE'RE MAKING THE IMPOSSIBLE POSSIBLE - AN OCEAN ON LAND. RE:OCEAN IN BRIEF One in five salmons in Sweden 2026 will come from RE:OCEAN Fresh
  • Santander Brasil — Banco Santander in Brazil, its largest division in Latin America and one of the world's most important, accounting for 50%.
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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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HR Capital
VC Fund · Sofia, Grad Sofiya, Bulgaria · 1 investments in Bulgaria SaaS startups

A privately held investment vehicle

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Investment focus

  • Industry: Internet, Marketing, E-Commerce
  • Stage:Seed
  • Geography: Bulgaria

Investor stats

  • Total investments: 3
  • Round size: Seed $292k–$870k
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • eBag.bg — eBag.bg is an online supermarket.
  • 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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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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Moonrock Capital
VC Fund · London, England, United Kingdom · 1 investments in Bulgaria SaaS startups, 8 in the past 12 months

Moonrock Capital is a Blockchain Advisory and Investment Partnership based in London and Hamburg.

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Investment focus

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

Investor stats

  • Total investments: 48
  • Lead/follow: no public data

Portfolio highlights

  • Rebar Labs — Rebar Labs is a company that offers research services and infrastructure for bitcoin. The company wants to help users in the Bitcoin ecosystem create more effective and better experiences by addressing issues related to maximum extractable value and offering services that guarantee equitable value distribution.
  • Yellow — Yellow is a financial services provider of software, analytics, and investments in blockchain startups.
  • Tren Finance — Tren Finance: a secure DeFi liquidity protocol offering seamless asset swaps, yield opportunities, and cross-chain compatibility through automated smart contracts, redefining liquidity for users and institutions.
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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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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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METRIX Capital Group
VC Fund · Anaheim, California, United States · 1 investments in Bulgaria SaaS startups

METRIX Capital Group was founded in 2011

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Investment focus

  • Industry: Gaming, Blockchain, Cryptocurrency
  • Stage:Seed, Pre-Seed
  • Geography: Spain, Vietnam, Bulgaria

Investor stats

  • Total investments: 10
  • Round size: Seed $1.5M–$4.5M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Gamium — Gamium is a Web3 and Metaverse technology company building the truly Decentralized Social Metaverse.
  • GoFungibles — GoFungibles is a cross-chain state-of-the-art NFT marketplace equipped with all the existing features of conventional NFT marketplaces but augmented with DeFi and gamified components.
  • Legends of Mitra — Discover the best crypto casino slots of 2026. Compare 5 top Bitcoin casinos offering provably fair games, massive bonuses, and instant crypto withdrawals.
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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: 59
  • Round size: Seed $300k–$2.8M; Pre-Seed $30k–$605k
  • Lead/follow: 24% lead, 76% 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 — Getmobill offers services in refurbished devices and their sale and resale.
  • Atlas Space
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SFC Capital
VC Fund · London, England, United Kingdom · 1 investments in Bulgaria SaaS startups

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: Artificial Intelligence, Software, Information Technology
  • Stage:Pre-Seed, Seed
  • Geography: United Kingdom, United States, Canada

Investor stats

  • Total investments: 489
  • Round size: Seed $127k–$2M; Pre-Seed $164k–$839k
  • Lead/follow: 36% lead, 64% follow
  • Last fund: May invest from a new fund soon — raised $1.9M in 2019

Portfolio highlights

  • Neubond — Neubond develops wearable devices for stroke mobility rehabilitation. These devices provide autonomous assistance and therapy during daily activities, integrating rehabilitation into the patient's daily life regardless of their motor capabilities. Neubond's solutions are designed to be intuitive and effective, aiming to improve thequality of life for individuals undergoing rehabilitation.
  • Sages — Biodegradeable, non-polluting, low-impact and vibrant dyes extracted from food waste.
  • Traknova — Traknova provides an AI-powered fleet management platform that helps companies track, manage, and protect vehicles and mobile assets. The platform offers real-time GPS tracking, live monitoring, and telematics data to give operators constant visibility over fleet movements and status. Users can access an intuitive dashboard with historical tripinformation, engine status, and alerts for events such as geofence breaches or unauthorized use. Traknova also supports integrated hardware, including tracking devices and online cameras, to strengthen asset security and streamline recovery when issues arise. The system is designed for fleets across industries, such as service businesses and vehicle rental operators, that need clearer scheduling, better time management, and improved operational control. By consolidating these tools into one platform, Traknova enables data-led fleet planning and day-to-day decision-making.
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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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MetaCartel Ventures
VC Fund · 1 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, Singapore

Investor stats

  • Total investments: 37
  • Round size: Seed $1.2M–$9M; Pre-Seed $1M–$2.5M; Series A $4.6M–$30M
  • Lead/follow: 3% lead, 97% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Superform Labs — THE UNIVERSAL INTERFACE FOR YIELD IS FORMING
  • Ceramic Network — Ceramic Network is a provider of protocols for decentralized and composable data applications. The network decentralizes application databases, making data universally composable and reusable across applications. It consists of three core parts: a highly-scalable, decentralized infrastructure for data availability and consensus, a marketplace ofcommunity-created data models, and a suite of standard APIs for storing, updating, and retrieving data from those models.
  • 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 · 1 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, Initial Coin Offering
  • Geography: United States, Singapore, United Kingdom

Investor stats

  • Total investments: 175
  • Round size: Seed $1.1M–$5.8M; Initial Coin Offering $1.2M–$14M
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • PERL.eco — The Planetary Ecosystem Registration Ledger will be a dedicated blockchain for real-world ecological assets through tokenizing carbon credits and biodiversity, NFTs and decentralised (DeFi) rewards.
  • Meter.io — Meter.io is a base layer hybrid consensus protocol built to address the volatility, scaling and interoperability problems in the existing cryptocurrencies.
  • Injective — Explore Injective: the high-performance blockchain powering decentralized finance, governance, and next-gen Web3 apps with unmatched speed and scale.
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SaaS VC funding in Bulgaria at a glance

Stats across 238 deals from 118 investors.

118
investors
in Bulgaria SaaS startups
238
deals
in Bulgaria SaaS startups
$110k
median round
in Bulgaria SaaS startups
49%
lead investors
lead at least one round
45%
Seed
most common funding stage

Access all 118 VC funds in Bulgaria SaaS startups.

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