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Top 40 Software VC Funds & Investors in Bulgaria (June 2026)

The most active venture capital funds investing in Bulgaria Software startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Bulgaria Software 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
30 Bulgaria, United States, United Kingdom Seed, Convertible Note, Pre-Seed Software, SaaS, Information Technology $27k–$2.3M
LAUNCHub Ventures
VC Fund
17 Bulgaria, United Kingdom, United States Seed, Series A, Pre-Seed Software, SaaS, Enterprise Software $44k–$58M
Vitosha Venture Partners
VC Fund
7 Bulgaria, United States, United Kingdom Pre-Seed, Seed Software, Marketplace, Information Technology
Impetus Capital
VC Fund
5 Bulgaria, United States, India Seed, Pre-Seed Software, Information Technology, SaaS $121k–$3M
BrightCap Ventures
VC Fund
4 United States, Bulgaria, United Kingdom Seed, Pre-Seed Software, Artificial Intelligence, SaaS $212k–$6M
PostScriptum Ventures
VC Fund
3 Bulgaria, Germany, United States Private Equity, Seed, Angel Software, B2B, SaaS
New Vision 3
VC Fund
3 Bulgaria, Italy, Croatia Seed, Pre-Seed Consulting, Service Industry, Solar $110k–$4.4M
North Base Media
VC Fund
3 United States, India, United Kingdom Seed, Series A, Series B Digital Media, Publishing, Advertising $75k–$8M
BlackPeak Capital
VC Fund
3 Bulgaria, United States, France Private Equity, Series B, Seed Manufacturing, Leisure, Software $464k–$50M
Openfund
VC Fund
2 Greece, United Kingdom, United States Seed, Series A, Pre-Seed Software, Travel, SaaS $55k–$5M
South Central Ventures
VC Fund
2 United States, Serbia, United Kingdom Seed, Series A, Pre-Seed Software, SaaS, Artificial Intelligence $33k–$5.5M
Morningside Hill Capital Management
VC Fund
2 Bulgaria, China Seed Software, AgTech, Farming $1.1M–$4.4M
NEVEQ
VC Fund
2 Bulgaria, Argentina Seed, Series A SaaS, Mobile, Analytics $1.1M–$2.3M
Maven Capital Partners
VC Fund
1 United Kingdom, United States, Germany Seed, Series A Software, Information Technology, SaaS $655k–$25M
AU21 Capital
VC Fund
1 United States, Singapore, United Kingdom Seed, Initial Coin Offering Blockchain, Cryptocurrency, Gaming $1.1M–$14M
International Aviation Services
VC Fund
1 Bulgaria Convertible Note Banking, FinTech, Software
Magnus Capital
VC Fund
1 Singapore, United States, United Kingdom Seed, Initial Coin Offering Blockchain, Cryptocurrency, Gaming $1.5M–$9.5M
SeedBlink
VC Fund
1 Romania, United States, United Kingdom Seed, Pre-Seed, Series A Software, SaaS, Information Technology $126k–$35M
Varys Capital
VC Fund
1 United States, Panama, Spain Seed, Pre-Seed, Series A Blockchain, Cryptocurrency, Financial Services $735k–$5M
Founderful Campus
VC Fund
1 Switzerland, Bulgaria, United States Pre-Seed, Convertible Note, Seed Information Technology, Artificial Intelligence, Software $21k–$2.9M
IOI Capital
VC Fund
1 Bulgaria Seed Internet, Software, Information Technology
3TS Capital Partners
VC Fund
1 United States, Romania, Poland Series A, Seed Software, Internet, SaaS $719k–$12M
TechOne VC
VC Fund
1 Turkey, United States, Estonia Seed, Pre-Seed Software, SaaS, Information Technology $175k–$2.8M
Skynet Trading
VC Fund
1 United States, Singapore, Switzerland Seed, Series A Blockchain, Cryptocurrency, Financial Services $1.5M–$15M
NAP
VC Fund
1 Germany, United Kingdom, Ireland Seed, Series A, Pre-Seed Software, Information Technology, SaaS $1M–$30M
Peech Capital
VC Fund
1 Singapore, Spain, Estonia Seed, Corporate Round Cryptocurrency, Gaming, FinTech $1.8M–$5.7M
European regional development fund (ERDF)
VC Fund
1 United Kingdom, Germany, France Grant, Pre-Seed Software, Information Technology, Biotechnology $27k–$2.2M
Bulgarian Development Bank
VC Fund
1 Bulgaria Pre-Seed, Debt Financing Finance, Software, Health Care
METRIX Capital Group
VC Fund
1 Spain, Vietnam, Bulgaria Seed, Pre-Seed Gaming, Blockchain, Cryptocurrency $1.5M–$4.5M
EIT Digital
VC Fund
1 Italy, Spain, Poland Pre-Seed, Grant, Seed Information Technology, Software, Internet
Moonrock Capital
VC Fund
1 United States, Singapore, United Kingdom Seed, Pre-Seed Blockchain, Information Technology, Cryptocurrency
KuCoin
VC Fund
1 United States, Australia, Singapore Seed, Initial Coin Offering Blockchain, Cryptocurrency, Gaming $2M–$20M
Zephyr Angels
VC Fund
1 Bulgaria, Macedonia Pre-Seed Software, Information Technology, Energy $46k–$350k
NewTribe Capital
VC Fund
1 United States, Singapore, Switzerland Seed, Series A Blockchain, Cryptocurrency, Information Technology $150k–$9M
Lucid Blue Ventures
VC Fund
1 Singapore, United States, Spain Seed, Angel Blockchain, Gaming, Cryptocurrency $1.7M–$6.5M
RR² CAPITAL
VC Fund
1 Bulgaria, Seychelles, Switzerland Seed Blockchain, FinTech, Bitcoin $1M–$2.5M
Marshland Group
VC Fund
1 United Arab Emirates, United Kingdom, Singapore Seed, Pre-Seed Blockchain, Cryptocurrency, Information Technology $1.5M–$8.5M
Pleiade Venture
VC Fund
1 France, Belgium, United Kingdom Seed, Series A Software, E-Commerce, Internet $1.1M–$11M
Sofia Angels Ventures
VC Fund
1 United Kingdom, Germany, Italy Seed, Pre-Seed, Series A Software, Information Technology, Artificial Intelligence $110k–$11M
European Investment Bank
VC Fund
1 France, Germany, The Netherlands Debt Financing, Post-IPO Debt Biotechnology, Health Care, Energy $7.7M–$658M
Access all 34 VC funds in Bulgaria Software startups.

Access 48,091 investors

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

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Investor list

Eleven Ventures
VC Fund · Sofia, Grad Sofiya, Bulgaria · 30 investments in Bulgaria Software 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: 142
  • Round size: Seed $27k–$2.3M; Pre-Seed $219k–$796k; Convertible Note $27k–$121k
  • Lead/follow: 37% lead, 63% follow
  • Last fund: Likely still investing — raised $68M in 2022

Portfolio highlights

  • Bitloops — Bitloops is an AI-powered application development platform that enables organizations to develop, maintain, and operate complex web applications with ease. It helps you easily modify system designs, deploy applications to production, and manage changes, new features, and products. The platform enables teams to innovate quickly and grow the productor business without compromising the product's usability, extendability, or maintainability. Bitloops makes it simpler than ever to create high-quality software utilizing best practices and techniques like DDD, BDD, TDD, hexagonal architecture, clean architecture, ports and adapters, CQRS, and event sourcing suitable for extending legacy systems as well as new initiatives.
  • 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.
  • Outfindo — Making bikes & e-bikes buying easy
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LAUNCHub Ventures
VC Fund · Sofia, Grad Sofiya, Bulgaria · 17 investments in Bulgaria Software 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, Enterprise Software
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Bulgaria, United Kingdom, United States

Investor stats

  • Total investments: 134
  • Round size: Seed $44k–$3.4M; Pre-Seed $183k–$2.3M; Series A $2.8M–$58M
  • Lead/follow: 17% lead, 83% follow
  • Last fund: May invest from a new fund soon — raised $82M in 2021

Portfolio highlights

  • AMPECO — AMPECO enables large-scale EV charging providers to launch and scale their business operations under their own brand. The company offers a white-label and hardware-agnostic EV charging management platform to cover all business cases - public, private, and home charging. Advanced energy management, flexible billing and subscription management,automatic maintenance algorithms, and inter-operator roaming are some of the platform’s key components. With security and scalability at its core, the platform allows large-scale operators like energy companies, oil and gas, fleets, hardware manufacturers and installers to achieve quick go-to-market in a few months with a ready-made platform combined with unmatched flexibility and extensibility via APIs. AMPECO supports more than 110 charging network operators in over 45 markets and has been globally recognized by Frost & Sullivan for its superior technological innovation and strategic development with the 2022 Global Product Leadership Award.
  • 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.
  • Dataworks Research SRL — Soleadify provides business data enrichment with unprecedented coverage of SMBs, accurate classification and in-depth insights based on real-time updates.Always driven by the complexity of AI and Machine Learning, we build more efficient ways of getting more data and get more out of it. Urged on reliability and complete-ness, our datasets haveyet to be beaten in terms of accuracy and classification by industry mammoths.
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Vitosha Venture Partners
VC Fund · Sofia, Grad Sofiya, Bulgaria · 7 investments in Bulgaria Software 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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Impetus Capital
VC Fund · Sofia, Grad Sofiya, Bulgaria · 5 investments in Bulgaria Software 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: 23
  • Round size: Seed $121k–$3M; Pre-Seed $163k–$1.9M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: May invest from a new fund soon — raised $1.4M in 2019

Portfolio highlights

  • Delivers.AI — Delivery droid operator
  • 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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BrightCap Ventures
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 4 investments in Bulgaria Software 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: 28
  • 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

  • Kardi Ai — With Kardi AI, we aim to offer medical grade cardiac home monitoring for a low cost by utilizing AI to achieve EKG level performance from a low-cost wearable that is available to the patient any time they need it. The Kardi AI kit is available from your cardiologist and contains all you'll need to have at home, cardiac monitoring whenever youneed. Kardi AI's artificial neural network will monitor and diagnose your heart every day, letting you know if you should contact your doctor or go to the emergency room.
  • Deep Infra — Deep Infra offers cost-effective, scalable, easy-to-deploy, and production-ready machine-learning models and infrastructures for deep-learning models.
  • RobosizeME — With headquarters in Czechia and the United States, RobosizeME is a process automation specialist for the global hospitality industry, helping companies automate their operational processes based on our extensive industry knowledge and technical expertise. Our process automations can help hospitality providers automate processes and driveefficiencies in all areas of hotel operations, including Front of House, Back of House, Reservations, Revenue Management, Distribution, Meetings & Events and Finance.Our virtual workers will help your experienced staff to focus on guests and bring your business the expected cost-effectiveness and value.
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PostScriptum Ventures
VC Fund · Luxembourg, Luxembourg, Luxembourg · 3 investments in Bulgaria Software 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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New Vision 3
VC Fund · Sofia, Grad Sofiya, Bulgaria · 3 investments in Bulgaria Software startups

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

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Investment focus

  • Industry: Consulting, Service Industry, Solar
  • Stage:Seed, Pre-Seed
  • Geography: Bulgaria, Italy, Croatia

Investor stats

  • Total investments: 14
  • Round size: Seed $406k–$4.4M; Pre-Seed $110k–$549k
  • Lead/follow: 79% lead, 21% follow

Portfolio highlights

  • Bronia — Bronia is an intelligent acoustic signal processing technology. It uses cutting-edge proprietary technology to detect noises of interest, determine their sources, and act intelligently.
  • AdScout — AdScout enables businesses to reach new customers through a smart social referral platform
  • 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.
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North Base Media
VC Fund · Singapore, Central Region, Singapore · 3 investments in Bulgaria Software 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: 55
  • Round size: Seed $75k–$3.6M; Series A $2M–$8M; Series B $2M–$6.5M
  • Lead/follow: 22% lead, 78% follow
  • Last fund: May invest from a new fund soon — raised $19M in 2019

Portfolio highlights

  • Spectrm — charles is the Conversational Marketing AI and CRM platform for brands to attract, convert, and retain customers via AI agents and marketing automations.
  • Vietcetera Media — Vietcetera Media - Understanding Vietnam
  • 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 Software 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: 16
  • Round size: Seed $464k–$549k; Series B $7.7M–$50M
  • Lead/follow: 19% lead, 81% 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.
  • GenePlanet — GenePlanet is a European company active in the field of biotechnology, specializing in genetic testing and research. They specialize in preventive genetic tests that are intended for the end user, but they also offer clinical genetic tests which help doctors with their therapeutic procedures. Their tests adhere to the highest standards of qualityand are based on the latest scientific discoveries. They provide people with information which can help them adjust their lifestyle accordingly and take measures that will provide additional protection from health risks due to genetic predispositions.
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Openfund
VC Fund · Athens, Attiki, Greece · 2 investments in Bulgaria Software 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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Access 48,091 investors

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

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South Central Ventures
VC Fund · Belgrade, Vojvodina, Serbia · 2 investments in Bulgaria Software 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, Series A, Pre-Seed
  • Geography: United States, Serbia, United Kingdom

Investor stats

  • Total investments: 55
  • Round size: Seed $120k–$2.8M; Pre-Seed $33k–$2M; Series A $329k–$5.5M
  • Lead/follow: 60% lead, 40% follow
  • Last fund: Likely still investing — raised $82M in 2022

Portfolio highlights

  • Insightful — Get Insightful starting from 6.4$ and start monitoring your employees now!
  • hylosense — Almost all energy is dependent on weather, yet energy companies still rely on outdated weather forecasts which can’t capture details needed for decimal point accuracy. So every small forecast errors trigger grid instability, penalties, and poor energy bids. That's why we built hylosense - hyper-local weather models that are up to 50% moreaccurate than their global counterparts.
  • 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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Morningside Hill Capital Management
VC Fund · Sofia, Grad Sofiya, Bulgaria · 2 investments in Bulgaria Software startups

Private investment partnership

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Investment focus

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

Investor stats

  • Total investments: 5
  • Round size: Seed $1.1M–$4.4M
  • Lead/follow: 80% lead, 20% 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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NEVEQ
VC Fund · Sofia, Grad Sofiya, Bulgaria · 2 investments in Bulgaria Software 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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Maven Capital Partners
VC Fund · Glasgow, Glasgow City, United Kingdom · 1 investments in Bulgaria Software 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, SaaS
  • Stage:Seed, Series A
  • Geography: United Kingdom, United States, Germany

Investor stats

  • Total investments: 186
  • Round size: Seed $655k–$5.2M; Series A $2.6M–$25M
  • Lead/follow: 74% lead, 26% follow

Portfolio highlights

  • XR Games — XR Games (based in Leeds, England) makes both console and mobile Virtual and Augmented Reality (VR/AR) games for world famous Intellectual Properties. XR Games is an innovative start-up with Venture Capital funding.
  • Novatus Global — Novatus helps Financial Services Firms to Lead, Solve and Redefine with our expert Technology and Consulting Solutions.
  • Alderley Lighthouse Labs — Alderley Lighthouse Labs is a laboratory-based testing facility, specializing in human diagnostics.
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AU21 Capital
VC Fund · San Francisco, California, United States · 1 investments in Bulgaria Software 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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International Aviation Services
VC Fund · Sofia, Grad Sofiya, Bulgaria · 1 investments in Bulgaria Software 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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Magnus Capital
VC Fund · 1 investments in Bulgaria Software startups

Magnus Capital is a crypto investment firm.

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Investment focus

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

Investor stats

  • Total investments: 58
  • Round size: Seed $1.5M–$7.5M; Initial Coin Offering $2.2M–$9.5M
  • Lead/follow: 9% lead, 91% follow

Portfolio highlights

  • GenLayer — GenLayer is a platform that focuses on intelligent contracts.
  • Spicenet — Spicenet enables universal access to the top DeFi venues across all networks, creating better financial outcomes for all.
  • YeagerAI — YeagerAI is a pioneering AI research lab focused on developing technology that promotes sovereignty, transparency, and decentralization.
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Varys Capital
VC Fund · New York, New York, United States · 1 investments in Bulgaria Software 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, Cryptocurrency, Financial Services
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Panama, Spain

Investor stats

  • Total investments: 13
  • Round size: Seed $735k–$5M; Pre-Seed $1.1M–$3.5M
  • Lead/follow: 31% lead, 69% 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
  • Momentum — Momentum is a move central liquidity engine with multi-sig treasury management, token vesting, and liquidity provisioning.
  • Blueberry Protocol — Access premium DeFi opportunities, tokenized yield strategies, and comprehensive tools for the Hyperevm onchain ecosystem.
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Founderful Campus
VC Fund · Zürich, Zurich, Switzerland · 1 investments in Bulgaria Software startups, 9 in the past 12 months

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

Investor stats

  • Total investments: 26
  • Round size: Seed $2.3M–$2.9M; Pre-Seed $23k–$2.3M; Convertible Note $21k–$31k
  • Lead/follow: 81% lead, 19% follow

Portfolio highlights

  • Avientus — Avientus is a revolutionary drone network with vertical take-off and landing (VTOL) capabilities to autonomously transport a variety of payloads—including parcels, food, medical supplies, and spare parts—across both urban and rural areas.
  • Recreate — Recreate is a technology platform that focuses on AI-driven content generation and creative automation.
  • Aurora Analytics — Track and optimize your brand visibility across AI search engines. The leading GEO tracking and AI search optimization platform.
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IOI Capital
VC Fund · Abu Dhabi, Abu Dhabi, United Arab Emirates · 1 investments in Bulgaria Software 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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3TS Capital Partners
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Bulgaria Software 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: 68
  • Round size: Seed $719k–$2.6M; Series A $768k–$12M
  • Lead/follow: 50% lead, 50% 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.
  • Smart Bill — Rezolva tot ce tine de facturare online, gestiune online si contabilitate online cu aplicatiile de business SmartBill.
  • Perfect Gym Solutions — PerfectGym | Fitness & Gym Management Software
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TechOne VC
VC Fund · Istanbul, Istanbul, Turkey · 1 investments in Bulgaria Software 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: 49
  • Round size: Seed $175k–$2.8M; Pre-Seed $400k–$605k
  • Lead/follow: 20% lead, 80% follow
  • Last fund: May invest from a new fund soon — raised $4.4M in 2020

Portfolio highlights

  • Getmobil — Getmobill offers services in refurbished devices and their sale and resale.
  • Spiky.AI — Spiky.ai delivers real-time coaching, CRM sync, and multilingual AI insights to boost sales performance and streamline meetings.
  • Carbon Centrum — Our innovative platform autonomously tracks individual CO2 footprints, creating first-ever Carbon IDs representing data-backed offsets. Companies competitively purchase these offsets via our platform, seamlessly connecting individuals, brands, and carbon markets.Users adopt eco-friendly habits, reduce emissions, and receive compensation.Companies purchase actual offsets towards net zero & create a new bridge toward insight & prediction into employee and customer demands.
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Skynet Trading
VC Fund · Hong Kong, Hong Kong Island, Hong Kong · 1 investments in Bulgaria Software 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: United States, Singapore, Switzerland

Investor stats

  • Total investments: 35
  • Round size: Seed $1.5M–$8.5M; Series A $9M–$15M
  • Lead/follow: 6% lead, 94% 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.
  • Centrifuge — Centrifuge is the platform for tokenized real-world assets, providing the infrastructure and ecosystem to tokenize, manage, and invest into RWAs.
  • Hybrid — Hybrid is a fintech company that offers a decentralized central AI tool with Web3's ecosystem of AI experts, agents, and data.
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NAP
VC Fund · Berlin, Berlin, Germany · 1 investments in Bulgaria Software 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–$6.3M; 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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Peech Capital
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 1 investments in Bulgaria Software 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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European regional development fund (ERDF)
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 1 investments in Bulgaria Software 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, Biotechnology
  • Stage:Grant, Pre-Seed
  • Geography: United Kingdom, Germany, France

Investor stats

  • Total investments: 74
  • Round size: Grant $27k–$2.2M; Pre-Seed $44k–$1.3M
  • 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.
  • Knock Technology — 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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Bulgarian Development Bank
VC Fund · Sofia, Grad Sofiya, Bulgaria · 1 investments in Bulgaria Software 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:Pre-Seed, Debt Financing
  • Geography: Bulgaria

Investor stats

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

Portfolio highlights

  • 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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METRIX Capital Group
VC Fund · Anaheim, California, United States · 1 investments in Bulgaria Software 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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EIT Digital
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 1 investments in Bulgaria Software 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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Moonrock Capital
VC Fund · London, England, United Kingdom · 1 investments in Bulgaria Software 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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KuCoin
VC Fund · Mahé, Beau Vallon, Seychelles · 1 investments in Bulgaria Software startups

Sign up with KuCoin, and get your first crypto today!

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Gaming
  • Stage:Seed, Initial Coin Offering
  • Geography: United States, Australia, Singapore

Investor stats

  • Total investments: 77
  • Round size: Seed $2.1M–$12M; Initial Coin Offering $2M–$20M
  • Lead/follow: 22% lead, 78% follow
  • Last fund: Likely still investing — raised $100M in 2021

Portfolio highlights

  • Utexo — Utexo develops payment infrastructure that enables stablecoin transactions to settle directly on the Bitcoin network. The platform provides an API and related tools that allow payment operators, exchanges, wallets, and financial platforms to process USDT transfers through Bitcoin-based rails. Its system integrates technologies such as the LightningNetwork and the RGB protocol to support instant settlement, encrypted transaction execution, and predictable transaction costs. Utexo also offers cloud infrastructure and developer tools that manage routing, liquidity, and node operations required for stablecoin payments on Bitcoin. These services allow organizations to integrate Bitcoin-based stablecoin settlement into existing applications without operating or maintaining underlying blockchain infrastructure.
  • Wave — Wave is a US blockchain SUI ecosystem that offers DeFi and GameFi products.
  • Domin Network — Domin Network is a decentralized business network that connects software and hardware in many business situations using the NFT middleware protocol and DePIN rollup technology.
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Zephyr Angels
VC Fund · Skopje, Karpos, Macedonia · 1 investments in Bulgaria Software startups

Zephyr Angels is a non-exclusive network of business angels that supports new entrepreneurs and accelerates the development of the Macedonian startup ecosystem. Zephyr offers value to investors by defining deals, return on investment and the opportunity to contribute to the development of the ecosystem. We do not only invest in the future - wealso invest in future investors. We mainly invest between 30-100k euros in mostly pre-seed and seed deals. In addition to financial resources, we are ready to share our expertise and contacts with the startups we invest in.

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Investment focus

  • Industry: Software, Information Technology, Energy
  • Stage:Pre-Seed
  • Geography: Bulgaria, Macedonia

Investor stats

  • Total investments: 2
  • Round size: Pre-Seed $46k–$350k
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • barKoder — barKoder Ltd. is a deep-tech software company specializing in high-performance barcode, OCR, and MRZ scanning solutions. With over a decade of industry expertise, the founding team behind barKoder previously contributed to leading barcode SDKs such as Manatee Works and Cognex Mobile Barcode SDK. Today, barKoder offers a next-generation scanning SDKthat brings hardware-grade decoding to any smart device, enabling seamless integration across mobile, web, and desktop platforms.barKoder empowers enterprises in logistics, retail, automotive, healthcare, and government to implement robust, flexible, and scalable barcode scanning without the need for dedicated hardware. With a proprietary engine written in C++ and groundbreaking decoding algorithms such as MatrixSight, PDF417-LineSight, and Segment Decoding, barKoder achieves unmatched performance even under difficult scanning conditions—including blurry, damaged, or distorted barcodes.The SDK supports 40+ barcode symbologies, real-time batch multiscan, DPM (Direct Part Marking) decoding, and OCR capabilities including MRZ (passport/ID) support. Its cross-platform compatibility spans native (iOS, Android, Windows, Linux) and major frameworks like Flutter, React Native, .NET MAUI, and Web Assembly.Trusted by clients across five continents—including Fortune 500 companies—barKoder has quickly emerged as the go-to alternative for businesses of any capacity, both SME's and big corporations. With a clear focus on developer experience, privacy-first processing, and transparent licensing, barKoder helps organizations unlock new efficiencies in barcode-driven workflows.
  • hylosense — Almost all energy is dependent on weather, yet energy companies still rely on outdated weather forecasts which can’t capture details needed for decimal point accuracy. So every small forecast errors trigger grid instability, penalties, and poor energy bids. That's why we built hylosense - hyper-local weather models that are up to 50% moreaccurate than their global counterparts.
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NewTribe Capital
VC Fund · Dubai, Dubai, United Arab Emirates · 1 investments in Bulgaria Software 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, Series A
  • Geography: United States, Singapore, Switzerland

Investor stats

  • Total investments: 65
  • Round size: Seed $150k–$9M
  • 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.
  • Lympid — We believe that anyone should have access to the amazing opportunities found on the blockchain, from DeFi protocols (aave, compound, yearn…) to Crypto Indexes, there's so much to discover! At Lympid you will be able to do it all easily in the same app, and directly through EUR.
  • Bluwhale — Unlock Web3 Wallet Potential with AI Insights. Supercharge Your Business Growth
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Lucid Blue Ventures
VC Fund · 1 investments in Bulgaria Software startups

Lucid Blue Ventures operates as a venture capital firm.

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Investment focus

  • Industry: Blockchain, Gaming, Cryptocurrency
  • Stage:Seed, Angel
  • Geography: Singapore, United States, Spain

Investor stats

  • Total investments: 35
  • Round size: Seed $1.7M–$6.5M
  • 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 Software startups

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

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Investment focus

  • Industry: Blockchain, FinTech, Bitcoin
  • Stage:Seed
  • Geography: Bulgaria, Seychelles, Switzerland

Investor stats

  • Total investments: 10
  • Round size: Seed $1M–$2.5M
  • Lead/follow: 10% lead, 90% 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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Marshland Group
VC Fund · Castries, Castries, Saint Lucia · 1 investments in Bulgaria Software 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: 19
  • Round size: Seed $1.5M–$8.5M; Pre-Seed $1.5M–$1.9M
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • Me3 — Me3 is a crypto wallet to purchase, send, receive, and exchange tokens and NFTs.
  • 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.
  • 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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Pleiade Venture
VC Fund · Paris, Ile-de-France, France · 1 investments in Bulgaria Software 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, Internet
  • Stage:Seed, Series A
  • Geography: France, Belgium, United Kingdom

Investor stats

  • Total investments: 34
  • Round size: Seed $1.1M–$5M; Series A $1.4M–$11M
  • Lead/follow: 15% lead, 85% follow

Portfolio highlights

  • RIVRS — RIVRS creates high quality UGC games on all trending sandbox platforms.
  • 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.
  • Climbing District — Climbing District is a social club and coworking space between batignolles, canal saint-martin, buttes-chaumont, and saint-lazare where beginners or experienced climbers practise climbing in bouldering rooms.
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Sofia Angels Ventures
VC Fund · Sofia, Grad Sofiya, Bulgaria · 1 investments in Bulgaria Software 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: United Kingdom, Germany, Italy

Investor stats

  • Total investments: 14
  • Round size: Seed $219k–$1.1M; Pre-Seed $110k–$655k; Series A $9.9M–$11M
  • Lead/follow: 43% lead, 57% follow

Portfolio highlights

  • Ethermind — AI Knowledge Agents that capture & deliver expert answers. Stop losing critical knowledge when experts leave. Transform expertise into 24/7 accessible AI agents.
  • 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.
  • denxpert EHS&S software — Sustainability reporting software that simplifies ESG & EHS compliance, boosts reporting, and drives impact, all in one expert-built platform.
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European Investment Bank
VC Fund · Luxembourg, Luxembourg, Luxembourg · 1 investments in Bulgaria Software 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: 294
  • Round size: Post-IPO Debt $7.7M–$658M; Debt Financing $13M–$400M
  • Lead/follow: 78% lead, 22% follow

Portfolio highlights

  • IPT PowerTech — IPT PowerTech coverage, coupled with our extensive expertise in supply chain management, field implementation, and power systems, has made us one of the most capable companies in handling the most complicated and versatile projects in the MEA region and its neighboring countries.
  • Interconnect Malta — Interconnect Malta is a government organization that develops and implements energy infrastructure projects.
  • NVision Imaging Technologies — NVision Imaging Technologies is leveraging advances in quantum physics to enable the first routine, convenient and affordable use of Magnetic Resonance Imaging (MRI) for assessing early patient response to cancer treatment at the metabolic level.
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Software VC funding in Bulgaria at a glance

Stats across 73 deals from 34 investors.

34
investors
in Bulgaria Software startups
73
deals
in Bulgaria Software startups
$110k
median round
in Bulgaria Software startups
56%
lead investors
lead at least one round
47%
Seed
most common funding stage

Access all 34 VC funds in Bulgaria Software startups.

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