# Top 50 VC (Venture Capital) Funds in Bulgaria in June 2026

## Eleven Ventures
- Type: VC Fund
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 78
- Stages: Seed, Convertible Note, Pre-Seed
- Focus: Software, SaaS, Information Technology

We empower local heroes to build global success. Eleven is an early-stage VC investing in technology companies in Southeast Europe.

## LAUNCHub Ventures
- Type: VC Fund
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 37
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, SaaS, Enterprise Software

LAUNCHub is a leading early-stage venture capital fund focused on investing in startups in South-Eastern (SEE) and Central-Eastern (CEE) Europe. 

## Vitosha Venture Partners
- Type: VC Fund
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 17
- Stages: Pre-Seed, Seed
- Focus: Software, Marketplace, Information Technology

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

## Impetus Capital
- Type: VC Fund
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 14
- Stages: Seed, Pre-Seed
- Focus: Software, Information Technology, SaaS

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.

## New Vision 3
- Type: VC Fund
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 11
- Stages: Seed, Pre-Seed
- Focus: Consulting, Service Industry, Solar

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

## Speedinvest
- Type: VC Fund
- Location: Vienna, Wien, Austria
- Relevant deals: 7
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, FinTech, Financial Services

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.

## SeedBlink
- Type: VC Fund
- Location: Bucharest, Bucuresti, Romania
- Relevant deals: 6
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, SaaS, Information Technology

All-in-one solution for fundraising, managing and trading equity. Explore promising tech startups and flexible funding opportunities with SeedBlink.

## Neo Gravity
- Type: VC Fund
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 4
- Stages: Seed, Pre-Seed
- Focus: Pet, Craft Beer, Veterinary

Neo Gravity is the 4th successive investment fund of serial entrepreneurs active in Southeast Europe since 2005.Investment strategy is to build increasing stakes in high-end consumer goods & services providers and in personal mobility. Investee companies and targets may be based in SEE but operate on a global scaleRapid digitalization ofthe global economy, convergence of EM economies to Western standards and spread of the pandemic have changed the purchasing behavior of the connected consumer.

## BrightCap Ventures
- Type: VC Fund
- Location: Amsterdam, Noord-Holland, The Netherlands
- Relevant deals: 4
- Stages: Seed, Pre-Seed
- Focus: Software, Artificial Intelligence, SaaS

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

## Morningside Hill Capital Management
- Type: VC Fund
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 4
- Stages: Seed
- Focus: Software, AgTech, Farming

Private investment partnership

## Cherry Ventures
- Type: VC Fund
- Location: Berlin, Berlin, Germany
- Relevant deals: 3
- Stages: Seed, Series A, Series B
- Focus: Software, Information Technology, Financial Services

Cherry Ventures is an early-stage venture capital firm led by a team of entrepreneurs with experience building fast-scaling companies such as Zalando and Spotify. The firm backs Europe's boldest founders, usually as their first institutional investor, and supports them in everything from their go-to-market strategy and the scaling of theirbusinesses. Cherry Ventures has previously invested in the seed stage of over 50 companies across Europe, including FlixBus, Auto1 Group, Infarm, Rows, Forto, and TourRadar. Cherry Ventures is based in Berlin and invests across Europe with operations in London, Paris, and Stockholm.

## BlackPeak Capital
- Type: VC Fund
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 3
- Stages: Private Equity, Series B, Seed
- Focus: Manufacturing, Leisure, Software

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.

## PostScriptum Ventures
- Type: VC Fund
- Location: Luxembourg, Luxembourg, Luxembourg
- Relevant deals: 3
- Stages: Private Equity, Seed, Angel
- Focus: Software, B2B, SaaS

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.

## North Base Media
- Type: VC Fund
- Location: Singapore, Central Region, Singapore
- Relevant deals: 3
- Stages: Seed, Series A, Series B
- Focus: Digital Media, Publishing, Advertising

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.

## Openfund
- Type: VC Fund
- Location: Athens, Attiki, Greece
- Relevant deals: 2
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, Travel, SaaS

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.

## Silverline Capital
- Type: VC Fund
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 2
- Stages: Series A
- Focus: Retail, Security, E-Commerce

Silverline Capital provides mezzanine and equity financing solutions to mid-market businesses in Bulgaria.

## Bulgarian Development Bank
- Type: VC Fund
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 2
- Stages: Pre-Seed, Debt Financing
- Focus: Finance, Software, Health Care

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.

## European Investment Bank
- Type: VC Fund
- Location: Luxembourg, Luxembourg, Luxembourg
- Relevant deals: 2
- Stages: Debt Financing, Post-IPO Debt
- Focus: Biotechnology, Health Care, Energy

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.

## Imprimatur Capital Fund Management
- Type: VC Fund
- Location: Riga, Riga, Latvia
- Relevant deals: 2
- Stages: Seed, Debt Financing
- Focus: Software, Information Technology, Apps

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.

## South Central Ventures
- Type: VC Fund
- Location: Belgrade, Vojvodina, Serbia
- Relevant deals: 2
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, SaaS, Artificial Intelligence

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

## Skynet Trading
- Type: VC Fund
- Location: Hong Kong, Hong Kong Island, Hong Kong
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Blockchain, Cryptocurrency, Financial Services

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.

## Neo Ventures
- Type: VC Fund
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: SaaS, Software, Aerospace

Neo Ventures is the first open-ended early stage investor, based in Eastern Europe. The founders have backed more than 30 startups and exited 10 successfully. We invest in game-changing businesses, without geographic limitations. We partner with exceptional founder teams to challenge incumbents in markets ripe for change or to create entirely newmarkets. Neo Ventures funds and then supports the founders in business planning, scaling operations, follow-on investments, making the best of each opportunity and dealing with hard situations. Our investment focus is on data analytics, computer vision and remote sensing addressing disruptive opportunities across the high-growth SpaceTech, BioTech and Security verticals.

## Accession Capital Partners
- Type: VC Fund
- Location: Vienna, Wien, Austria
- Relevant deals: 2
- Stages: Debt Financing, Private Equity
- Focus: Manufacturing, Telecommunications, Health Care

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

## Freigeist Capital
- Type: VC Fund
- Location: Bonn, Nordrhein-Westfalen, Germany
- Relevant deals: 2
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, Food and Beverage, Apps

Freigeist Capital is the investment company of Frank Thelen, Marc Sieberger and Alex Koch. We invest in deep tech startups and excellent founders.

## NEVEQ
- Type: VC Fund
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: SaaS, Mobile, Analytics

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.

## SquareOne Venture Capital
- Type: VC Fund
- Location: Berlin, Berlin, Germany
- Relevant deals: 2
- Stages: Seed, Series A, Series B
- Focus: Software, SaaS, Machine Learning

We invest in B2B tech entrepreneurs who are obsessed with solving complex problems in huge markets at pre-seed and seed stage

## HV Capital
- Type: VC Fund
- Location: Munich, Bayern, Germany
- Relevant deals: 2
- Stages: Series A, Seed, Series B
- Focus: E-Commerce, Software, Internet

We support exceptional founders in building market leading digital companies.

## Integral Venture Partners
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Seed, Series A, Series C
- Focus: SEO, Legal, Software

Private equity and growth capital investments firm focused on the Evolving Europe region and operating out of hubs in London, Budapest, and Belgrade

## SFC Capital
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Pre-Seed, Seed
- Focus: Software, Artificial Intelligence, Information Technology

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.

## European regional development fund (ERDF)
- Type: VC Fund
- Location: Brussels, Brussels Hoofdstedelijk Gewest, Belgium
- Relevant deals: 1
- Stages: Grant, Pre-Seed
- Focus: Software, Information Technology, Biotechnology

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.

## Calm/Storm VC
- Type: VC Fund
- Location: Vienna, Wien, Austria
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Health Care, Wellness, Software

Calm/Storm is an exclusive founder network and venture capital firm. We invest in purpose driven founders changing our life & health for the better. Headquartered in Vienna, Austria we invest in early-stage companies all over Europe and the US. We focus on the pre-seed and seed stages but also invest up to Series A.

## Marshland Group
- Type: VC Fund
- Location: Castries, Castries, Saint Lucia
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Blockchain, Cryptocurrency, Information Technology

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

## AU21 Capital
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 1
- Stages: Seed, Initial Coin Offering
- Focus: Blockchain, Cryptocurrency, Gaming

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

## BHS Services S.A.
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed
- Focus: Farming, Livestock, Agriculture

MAQIT is a RegTech firm: we assist you on AML/KYC compliance, CSSF Luxembourg regulations, and European sustainability projects. Learn more about us!

## Blockchain Founders Fund
- Type: VC Fund
- Location: Singapore, Central Region, Singapore
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Blockchain, Cryptocurrency, FinTech

We Focus Exclusively On Adding Value To Blockchain & Emerging Technology Projects With Real World Applications.

## Karoll
- Type: VC Fund
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 1
- Focus: Energy, GreenTech

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

## HR Capital
- Type: VC Fund
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 1
- Stages: Seed
- Focus: Internet, Marketing, E-Commerce

A privately held investment vehicle

## International Aviation Services
- Type: VC Fund
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 1
- Stages: Convertible Note
- Focus: Banking, FinTech, Software

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

## a16z crypto
- Type: VC Fund
- Location: Menlo Park, California, United States
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Blockchain, Cryptocurrency, Information Technology

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.

## KAYA
- Type: VC Fund
- Location: Prague, Hlavni mesto Praha, Czech Republic
- Relevant deals: 1
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, Health Care, Information Technology

We are committed to supporting founders at every stage of their journey, from studio projects and pre-seed through to Series A and follow-ons.

## Nina Capital
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Health Care, Artificial Intelligence, Software

We deploy early stage capital to fuel the growth of need-driven health technology companies.

## European Bank for Reconstruction and Development
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Debt Financing, Post-IPO Debt
- Focus: Financial Services, Banking, Finance

The European Bank for Reconstruction and Development (EBRD) invests in changing lives. Through our financial investments, business services and work on policy reform, we're doing more than ever before to build open, market economies across 3 continents.

## Zee Prime Capital
- Type: VC Fund
- Location: Bratislava, Bratislava, Slovakia (Slovak Republic)
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Blockchain, Cryptocurrency, Information Technology

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

## ZBS CAPITAL
- Type: VC Fund
- Location: Kyiv, Kyyiv, Ukraine
- Relevant deals: 1
- Stages: Seed, Initial Coin Offering
- Focus: Blockchain, Cryptocurrency, Financial Services

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

## Varys Capital
- Type: VC Fund
- Location: New York, New York, United States
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Blockchain, Cryptocurrency, Financial Services

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.

## MetaCartel Ventures
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Blockchain, Cryptocurrency, Software

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.

## Force Over Mass Capital
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Software, Information Technology, FinTech

Force Over Mass Capital is an FCA regulated venture capital firm focused on early stage technology investments across UK and Europe. We invest in B2B innovation across four verticals, i.e. Fintech, Artificial Intelligence, SaaS and Industry 4.0.FOM cap operates both seed and scale-up funds to support early stage businesses through their growthjourney.

## HardGamma Ventures
- Type: VC Fund
- Location: Warsaw, Mazowieckie, Poland
- Relevant deals: 1
- Stages: Seed, Convertible Note
- Focus: Software, E-Commerce, Education

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.

## Maven Capital Partners
- Type: VC Fund
- Location: Glasgow, Glasgow City, United Kingdom
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Software, Information Technology, SaaS

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.

## Magnus Capital
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed, Initial Coin Offering
- Focus: Blockchain, Cryptocurrency, Gaming

Magnus Capital is a crypto investment firm.
