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Top 5 Sustainability VC Funds & Investors in Bulgaria (June 2026)

The most active venture capital funds investing in Bulgaria Sustainability startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Bulgaria Sustainability startup companies. Find investors to raise a Pre-Seed, Seed or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Eleven Ventures
VC Fund
2 Bulgaria, United States, United Kingdom Seed, Convertible Note, Pre-Seed Software, SaaS, Information Technology $27k–$2.3M
Urban Impact Ventures
VC Fund
1 The Netherlands, United States, Bulgaria Seed, Pre-Seed CleanTech, Information Technology, SaaS $978k–$5.3M
Impetus Capital
VC Fund
1 Bulgaria, Germany, United States Seed, Pre-Seed Information Technology, Software, SaaS
Karoll
VC Fund
1 Bulgaria Energy, GreenTech
BlackPeak Capital
VC Fund
1 Bulgaria, United States, France Private Equity, Series B, Seed Manufacturing, Leisure, Software $464k–$50M
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Investor list

Eleven Ventures
VC Fund · Sofia, Grad Sofiya, Bulgaria · 2 investments in Bulgaria Sustainability 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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Urban Impact Ventures
VC Fund · Rotterdam, Zuid-Holland, The Netherlands · 1 investments in Bulgaria Sustainability startups

At Urban Impact Ventures we combine creative financial structuring and innovative technology to improve the urban quality of life in Europe.

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Investment focus

  • Industry: CleanTech, Information Technology, SaaS
  • Stage:Seed, Pre-Seed
  • Geography: The Netherlands, United States, Bulgaria

Investor stats

  • Total investments: 10
  • Round size: Seed $978k–$5.3M
  • Lead/follow: 60% lead, 40% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • BIYU — Transform your business with our modular rental and subscription platform. Proven expertise in warehouse management, asset tracking, and circular economy solutions.
  • Hardt Hyperloop — Hardt develops a transport system in traveling huge distances completely emission-free, safe, and accessible to everyone. Hardt Hyperloop has emerged from the winning team at the SpaceX Hyperloop Competition, dedicated to realizing the hyperloop.
  • uIMPACT — Best ESG screening software for Startups and Investors. Measure your impact through the Sustainable development goals and receive expert advice. Start now with uIMPACT
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Impetus Capital
VC Fund · Sofia, Grad Sofiya, Bulgaria · 1 investments in Bulgaria Sustainability startups

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

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Investment focus

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

Investor stats

  • Total investments: 18
  • Lead/follow: no public data

Portfolio highlights

  • Kikimora — A unified platform for Vulnerability management, Regulatory compliance, and Comprehensive reporting.
  • Tiger Technology — Tiger Technology gives you the tools that help you optimize your storage infrastructure. Your data management strategy has never mattered more.
  • Crackle Technologies — Crackle Technologies is a vibrant digital publisher ecosystem which is essential for a healthy and useful internet.
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Karoll
VC Fund · Sofia, Grad Sofiya, Bulgaria · 1 investments in Bulgaria Sustainability startups

Karoll offers a wide range of financial products and services that include asset management, insurance, land banking, and equity financing.

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Investment focus

  • Industry: Energy, GreenTech
  • Geography: Bulgaria

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Hydrogenera — Hydrogenera specializes in the development of hydrogen technologies.
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BlackPeak Capital
VC Fund · Sofia, Grad Sofiya, Bulgaria · 1 investments in Bulgaria Sustainability 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.
Show all investments...

Sustainability VC funding in Bulgaria at a glance

Stats across 2 deals from 3 investors.

3
investors
in Bulgaria Sustainability startups
2
deals
in Bulgaria Sustainability startups
$526k
median round
in Bulgaria Sustainability startups
67%
lead investors
lead at least one round
50%
Pre-Seed
most common funding stage

Access all 3 VC funds in Bulgaria Sustainability startups.

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