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Top 50 Web3 Startup Investors in Bulgaria (August 2026)

The most active venture capital funds and angel investors investing in Bulgaria Web3 startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Bulgaria Web3 startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Danish Chaudhry
Angel
3 United States, Bulgaria, India Seed, Pre-Seed, Venture - Series Unknown Blockchain, Cryptocurrency, Web3 $1.5M–$10M
Skynet Trading
VC Fund
3 Singapore, United States, Bulgaria Seed, Venture - Series Unknown, Series A Blockchain, Cryptocurrency, FinTech $1.5M–$15M
LAUNCHub Ventures
VC Fund
2 Bulgaria, United Kingdom, United States Seed, Series A, Pre-Seed Software, Artificial Intelligence, SaaS $55k–$59M
AU21 Capital
VC Fund
2 United States, Singapore, India Seed, Initial Coin Offering Blockchain, Cryptocurrency, Gaming $1.1M–$14M
Zee Prime Capital
VC Fund
2 United States, United Kingdom, Singapore Seed, Series A Blockchain, Cryptocurrency, Information Technology $2M–$43M
Magnus Capital
VC Fund
2 United States, India, United Kingdom Seed, Initial Coin Offering Blockchain, Cryptocurrency, Gaming $1.3M–$34M
MetaCartel Ventures
VC Fund
2 United States, United Kingdom, Bulgaria Seed, Series A, Pre-Seed Blockchain, Cryptocurrency, Software $1M–$30M
Bashar Hamood
Angel
2 United States, India, United Kingdom Seed, Pre-Seed, Series A Information Technology, Software, E-Commerce $7k–$5M
Maven Capital
VC Fund
2 United Arab Emirates, Singapore, United States Seed, Venture - Series Unknown, Pre-Seed Blockchain, Gaming, Cryptocurrency $700k–$23M
Hesham Zreik
Angel
2 United States, Nigeria, India Pre-Seed, Seed, Series A Information Technology, Software, E-Commerce $12k–$5M
Ascensive Assets
VC Fund
2 United States, Singapore, Philippines Seed, Venture - Series Unknown Blockchain, Cryptocurrency, Gaming $1.2M–$10M
Judy Halvadjian
Angel
1 Bulgaria Pre-Seed Software, Blockchain
Alameda Research
VC Fund
1 United States, Singapore, United Kingdom Seed, Venture - Series Unknown, Series A Blockchain, Cryptocurrency, Financial Services $250k–$40M
Heslin Kim
Angel
1 India, Estonia, Georgia Seed, Angel, Pre-Seed Blockchain, Cryptocurrency, Web3 $1.8M–$12M
Tykhe Ventures
VC Fund
1 United States, India, United Arab Emirates Seed, Pre-Seed, Series A Blockchain, Cryptocurrency, Web3 $1.1M–$10M
WAGMI Ventures
VC Fund
1 United States, Singapore, United Kingdom Seed, Series A, Venture - Series Unknown Blockchain, Cryptocurrency, Information Technology $200k–$525M
Zhenfei Zhang
Angel
1 Bulgaria Pre-Seed Blockchain, Information Technology, Decentralized Finance (DeFi)
Daedalus Angel Syndicate
VC Fund
1 United States, France, Singapore Seed, Pre-Seed, Series A Blockchain, Cryptocurrency, Financial Services $1M–$35M
Genblock Capital
VC Fund
1 United States, Singapore, United Kingdom Seed, Initial Coin Offering Blockchain, Cryptocurrency, Financial Services $1.2M–$314M
DCbuilder ‎‏‏‎ ‎
Angel
1 Bulgaria, Switzerland Pre-Seed Computer, Security, Blockchain
Boyan Todorov
Angel
1 Bulgaria Pre-Seed Software, Blockchain
a16z crypto
VC Fund
1 United States, United Kingdom, Singapore Seed, Pre-Seed, Series A Blockchain, Cryptocurrency, Information Technology $500k–$70M
Lucid Blue Ventures
VC Fund
1 Singapore, United States, Spain Seed, Series A Blockchain, Gaming, Cryptocurrency $1.2M–$10M
Ognyan Genev
Angel
1 Bulgaria Pre-Seed Blockchain, Information Technology, Decentralized Finance (DeFi)
Peech Capital
VC Fund
1 Singapore, Spain, Israel Seed, Series A, Corporate Round Blockchain, Gaming, Bitcoin $1.8M–$5.7M
KuCoin
VC Fund
1 United States, Australia, Singapore Seed, Initial Coin Offering Blockchain, Cryptocurrency, Gaming $2M–$20M
RR² CAPITAL
VC Fund
1 Ireland, Bulgaria, Portugal Seed, Initial Coin Offering Blockchain, FinTech, Software $1M–$2.5M
Maven Capital Partners
VC Fund
1 United Kingdom, United States, Germany Seed, Venture - Series Unknown Software, Information Technology, SaaS $655k–$8.8M
MV Global
VC Fund
1 United States, United Kingdom, Hong Kong Seed, Initial Coin Offering Blockchain, Cryptocurrency, Gaming $100k–$60M
Moonwhale Ventures
VC Fund
1 Singapore, United States, India Seed, Pre-Seed Blockchain, Cryptocurrency, Software $225k–$5M
DAO Maker
VC Fund
1 Spain, Singapore, Vietnam Seed, Initial Coin Offering, Pre-Seed Blockchain, Cryptocurrency, Financial Services $500k–$11M
Kenny Li
Angel
1 United States, Bulgaria, Singapore Seed, Pre-Seed Blockchain, Web3, Finance $1.2M–$8M
Hack VC
VC Fund
1 United States, Singapore, Canada Seed, Series A, Pre-Seed Blockchain, Software, Cryptocurrency $1M–$45M
Anthony Beaumont
Angel
1 Bulgaria, United States Seed, Pre-Seed Blockchain, Bitcoin, Information Technology
Varys Capital
VC Fund
1 United States, Panama, Spain Seed, Pre-Seed, Series A Blockchain, Cryptocurrency, FinTech $735k–$5.5M
Konstantin Richter
Angel
1 Israel, Bulgaria, United States Seed, Pre-Seed Blockchain, Web3, Accounting $4.3M–$7.6M
Marshland Group
VC Fund
1 United Arab Emirates, United Kingdom, Singapore Seed, Pre-Seed Blockchain, Cryptocurrency, Information Technology $1.5M–$8.5M
Wintermute
VC Fund
1 United States, Singapore, Cayman Islands Seed, Series A, Venture - Series Unknown Blockchain, Cryptocurrency, Financial Services $3M–$50M
Victor Ji
Angel
1 United States, Bulgaria Seed, Angel, Pre-Seed Blockchain, Information Technology, Web3 $1M–$7M
Selini Capital
VC Fund
1 United States, Singapore, Canada Seed, Series A, Venture - Series Unknown Blockchain, Cryptocurrency, Web3 $1.9M–$30M
Justin Drake
Angel
1 Switzerland, United States, Bulgaria Seed, Grant, Pre-Seed Blockchain, FinTech, Finance $4.9M–$13M
The Rollup
VC Fund
1 United States, India, Bulgaria Seed, Pre-Seed, Series A Blockchain, Cryptocurrency, Decentralized Finance (DeFi) $2M–$27M
ZBS CAPITAL
VC Fund
1 United States, Singapore, United Kingdom Seed, Venture - Series Unknown Blockchain, Cryptocurrency, Financial Services $1M–$6M
Gate
VC Fund
1 United States, Singapore, United Kingdom Seed, Series A, Venture - Series Unknown Blockchain, Cryptocurrency, Web3 $1.2M–$20M
Wintermute Ventures
VC Fund
1 United States, Singapore, United Kingdom Seed, Series A Blockchain, Cryptocurrency, Financial Services $2.7M–$50M
Public Works
VC Fund
1
Permutation Ventures
VC Fund
1
MH Ventures
VC Fund
1 United States, Singapore, United Kingdom Seed, Pre-Seed Blockchain, Cryptocurrency, Software $500k–$12M
METRIX Capital Group
VC Fund
1 Spain, Vietnam, United States Seed, Pre-Seed, Venture - Series Unknown Gaming, Blockchain, Cryptocurrency $1.5M–$4.5M
NewTribe Capital
VC Fund
1 United States, Singapore, Switzerland Seed, Venture - Series Unknown, Series A Blockchain, Cryptocurrency, Information Technology $100k–$25M
Access all 65 investors in Bulgaria Web3 startups.

Access 48,091 investors

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

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Investor list

Danish Chaudhry
Angel · London, England, United Kingdom · 3 investments in Bulgaria Web3 startups

Danish Chaudhry is a GP & Co-Founder at Paper Ventures.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Web3
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: United States, Bulgaria, India

Investor stats

  • Total investments: 30
  • Round size: Seed $1.6M–$7M; Pre-Seed $1.5M–$3.3M; Venture - Series Unknown $5.5M–$10M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • Nexio — Making Bitcoin Productive
  • Turtle Club — Aggregated, diligenced, personalized onchain yield management.
  • Neutral Trade — Quant Strategies Marketplace backed by @incubator @ergonia_ | Official Links: https://t.co/LducMMG0ly
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Skynet Trading
VC Fund · Hong Kong, Hong Kong Island, Hong Kong · 3 investments in Bulgaria Web3 startups

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

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Investment focus

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

Investor stats

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

Portfolio highlights

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

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

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Investment focus

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

Investor stats

  • Total investments: 149
  • Round size: Seed $55k–$3.5M; Pre-Seed $183k–$2.8M; Series A $2.9M–$59M
  • Lead/follow: 19% lead, 81% follow
  • Last fund: May invest from a new fund soon — raised $82M in 2021

Portfolio highlights

  • nFuse.ai — nFuse scales your B2B sales with AI. Up to 30% revenue uplift, $1 per order processing cost, live in 30 days. No new apps, no behavior change.
  • 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.
  • Nanogram — Nanogram is an AI-powered gaming startup that creates an instant prompt-to-game platform, allowing anyone to build and share interactive short-form video games. Frequently described as "TikTok for mobile games," the company delivers an endless, vertical social feed of byte-sized, zero-download games that players swipe through and playinstantly.
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AU21 Capital
VC Fund · San Francisco, California, United States · 2 investments in Bulgaria Web3 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, India

Investor stats

  • Total investments: 207
  • Round size: Seed $1.1M–$5.8M; Initial Coin Offering $1.2M–$14M
  • Lead/follow: 4% lead, 96% 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.
  • A-World — Welcome to Animal World, a battle game based on #BNBCHAIN's super metaverse card tower defense. By setting up a hero tower to destroy monsters.
  • NeuronX — The First AI-Driven Lending Protocol on @dfinity
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Zee Prime Capital
VC Fund · Bratislava, Bratislava, Slovakia (Slovak Republic) · 2 investments in Bulgaria Web3 startups

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

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Investment focus

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

Investor stats

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

Portfolio highlights

  • TrueDAO — TrueDAO is a new-generation AI-native decentralized autonomous financial infrastructure. Built on the underlying logic of DAO community co-governance, it leverages smart contracts to construct an on-chain financial system integrating AI algorithm scheduling, staking, and dynamic protection. It optimizes economic parameters and asset strategies inreal time via AI models, delivers low-volatility and sustainable value growth paths for digital assets, and pioneers an innovative paradigm of autonomous finance.
  • Cryopets — Pausing biological time with cryosleep for pets
  • Share — From subsea cables to last-mile networks, Share coordinates fragmented infrastructure into a single ecosystem.
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Magnus Capital
VC Fund · 2 investments in Bulgaria Web3 startups

Magnus Capital is a crypto investment firm.

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Investment focus

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

Investor stats

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

Portfolio highlights

  • Spicenet — Spicenet enables universal access to the top DeFi venues across all networks, creating better financial outcomes for all.
  • Real Finance — Real Finance is driven by the mission to revolutionize the financial landscape by integrating real-world assets with blockchain technology, creating a more transparent, secure, and efficient ecosystem that bridges traditional finance with decentralized innovation, enhances asset liquidity, and unlocks new opportunities for global investors.
  • WorkQuest — About WorkQuest WorkQuest is a decentralized employment and workforce automation protocol enabling employers and workers to collaborate through smart contracts, stablecoin payments, AI matching engines, and on-chain reputation scoring. The platform transforms global employment into a transparent, verifiable, and borderless digital labor economy.
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MetaCartel Ventures
VC Fund · 2 investments in Bulgaria Web3 startups

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

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Investment focus

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

Investor stats

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

Portfolio highlights

  • Envio — Index, query, and stream real-time blockchain data for Web3 apps across any EVM chain, plus Solana and Fuel.
  • Superform Labs — THE UNIVERSAL INTERFACE FOR YIELD IS FORMING
  • Hydra Ventures — Hydra Ventures is the first dedicated investment DAO focused on backing and incubate other investment DAOs across the web3 ecosystem.
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Bashar Hamood
Angel · 2 investments in Bulgaria Web3 startups

Bashar Hamood is a Venture Partner at FasterCapital. He previously worked as an Associate Director at Logica. He attended Heriot-Watt University.

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Investment focus

  • Industry: Information Technology, Software, E-Commerce
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, India, United Kingdom

Investor stats

  • Total investments: 476
  • Round size: Seed $15k–$2M; Pre-Seed $7k–$500k; Series A $33k–$5M
  • Lead/follow: 37% lead, 63% follow

Portfolio highlights

  • EcoBites — EcoBites is a subscription service that delivers sustainably sourced and eco-friendly packaged snacks and meals to consumers doorsteps.
  • Lawyeree — A platform offering AI legal advice to clients and allowing clients to be connected with the best lawyers.
  • ZohoOptimizer AI — ZohoOptimizer AI is a platform designed to enhance Zoho’s suite of business applications by providing AI-driven process automation.
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Maven Capital
VC Fund · Dubai, Dubai, United Arab Emirates · 2 investments in Bulgaria Web3 startups

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

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Investment focus

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

Investor stats

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

Portfolio highlights

  • ChimpX AI — ChimpX AI is an AI-powered decentralized finance (DeFi) superapp designed to simplify crypto trading, cross-chain asset management, and blockchain interactions through natural language commands. The platform focuses on making complex DeFi operations accessible to everyday users by combining artificial intelligence, automation, and gaslesstransactions into a single interface.
  • Gacha Galaxy — The price oracle for collectible cards. Live marketplace data, grading-aware pricing, prediction signals on top.
  • Cluster Protocol — Orchestration layer for autonomous workflows and prompt to dapp browser based IDE on @base all powered by x402 Backed by @daofive and @papervc
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Hesham Zreik
Angel · Dubai, Dubai, United Arab Emirates · 2 investments in Bulgaria Web3 startups

Hesham Zreik is the CEO of FasterCapital. He previously worked at DreamApps as a Project Manager. Hesham attended the University of Westminster.

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Investment focus

  • Industry: Information Technology, Software, E-Commerce
  • Stage:Pre-Seed, Seed, Series A
  • Geography: United States, Nigeria, India

Investor stats

  • Total investments: 887
  • Round size: Seed $50k–$2.1M; Pre-Seed $12k–$1M; Series A $170k–$5M
  • Lead/follow: 53% lead, 47% follow

Portfolio highlights

  • Book Your Own — Book Your Own is building an integrated travel ecosystem designed to unify India’s fragmented travel market.
  • UrbanFarmers — UrbanFarmers is a platform that connects city dwellers with local urban farms and community gardens.
  • Excel And Impact Agro — Excel And Impact Agro aims to tackle the chronic shortage of vegetable production in Côte d'Ivoire.
Show all investments...

Access 48,091 investors

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

Browse database — It's Free!
Ascensive Assets
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 2 investments in Bulgaria Web3 startups

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

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Investment focus

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

Investor stats

  • Total investments: 59
  • Round size: Seed $1.2M–$8.6M; Venture - Series Unknown $1.8M–$10M
  • Lead/follow: 22% lead, 78% follow
  • Last fund: May invest from a new fund soon — raised $130M in 2021

Portfolio highlights

  • StripChain — StripChain unifies all the blockchains
  • Nest Wallet — A Wallet Built for Traders
  • Switchboard — Switchboard allows builders to unlock the power of solana by creating high-performance data feeds from any API. They will bring data on-chain that will enable developers to unlock the future of decentralized applications. They enable the SOL community to push any form of data on-chain.
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Judy Halvadjian
Angel · 1 investments in Bulgaria Web3 startups

Judy Halvadjian

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Investment focus

  • Industry: Software, Blockchain
  • Stage:Pre-Seed
  • Geography: Bulgaria

Investor stats

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

Portfolio highlights

  • ERC World — A multi-chain native NFT marketplace
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Alameda Research
VC Fund · Central and Western, Hong Kong Island, Hong Kong · 1 investments in Bulgaria Web3 startups

Alameda Research is a quantitative cryptocurrency trading firm that provides liquidity in cryptocurrency and digital assets markets. It was founded in 2017 and is headquartered in Central and Western, Hong Kong.

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Investment focus

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

Investor stats

  • Total investments: 319
  • Round size: Seed $1M–$8M; Series A $2.7M–$35M; Venture - Series Unknown $250k–$40M
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • 3Commas — 3Commas develops a crypto-asset management tool for tracking investments and exchanges in a unified platform. It provides access to a unified dashboard as the central hub for trading and portfolio management execution.
  • Fuel Labs — At Fuel, we are building the fastest execution layer for the modular blockchain stack.
  • Optim Finance — Optim Finance provides investment tools that optimize yield on digital assets. Their financial primitives enable users to rent ADA delegation rights to power novel use cases such as SPO loans, leverage into ISOs, and initial bonds.
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Heslin Kim
Angel · 1 investments in Bulgaria Web3 startups

With deep engagement within the DLT/blockchain sector since late 2016, Heslin’s key strengths have culminated in his full engagement in accelerating the global tokenization of securities in traditional capital markets. He is a well-known KOL across the Asia Pacific having spoken at over 30 conferences championing tokenized digital securities.Operationally he has helped scale and accelerate previous blockchain businesses across over a dozen countries in the Asia Pacific region. In his previous capacities, he has led business development, sales, and strategic partnerships for both global and regional partnerships based in China, Japan, Singapore, Australia, Korea, Hong Kong, Philippines, Vietnam, Thailand, Malaysia, Indonesia, and Taiwan. To date, his work with various clients and partners has aggregated $27bn+ USD in tokenized assets.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Web3
  • Stage:Seed, Angel, Pre-Seed
  • Geography: India, Estonia, Georgia

Investor stats

  • Total investments: 7
  • Round size: Seed $1.8M–$12M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • NeoFi — Buy, Sell, Trade and Invest in Bitcoin, Ethereum, Shiba Inu, Dogecoin, Cardano, Polygon and 100s other cryptocurrency from India's best cryptocurrency exchange.
  • Crestal — Crestal offers a decentralized platform that meets the objectives of Web3 applications through modular service architecture. The Crestal blockchain monitors and scores services using a Proof of Performance (PoP) consensus process.
  • Optimum — The Universal Data Acceleration Network | Powered by RLNC
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Tykhe Ventures
VC Fund · Singapore, Central Region, Singapore · 1 investments in Bulgaria Web3 startups

At Tykhe Block Ventures, we lead seed rounds into bold ventures and hold liquid investments within the blockchain sector with a focus on decentralisation technologies, digital assets and their key enabling infrastructure.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Web3
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, India, United Arab Emirates

Investor stats

  • Total investments: 46
  • Round size: Seed $1.5M–$7.5M; Pre-Seed $1.1M–$5M; Series A $8M–$10M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • Zynk — Make Global Payments Instant
  • Openbox.ai — OpenBox AI provides a unified trust platform for agentic AI, delivering runtime governance, cryptographic verification, and enterprise-grade AI accountability across systems and organizations.
  • OpenBox AI — OpenBox AI provides a unified trust platform for agentic AI, delivering runtime governance, cryptographic verification, and enterprise-grade AI accountability across systems and organizations.
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WAGMI Ventures
VC Fund · New York, New York, United States · 1 investments in Bulgaria Web3 startups, 21 in the past 12 months

Join our syndicate to gain access to venture backed web3 startups. WAGMI Ventures is a global syndicate of 10,000+ strategic execs from some of the largest crypto companies giving founders distribution partners.

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Investment focus

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

Investor stats

  • Total investments: 167
  • Round size: Seed $2.2M–$10M; Series A $7.5M–$50M; Venture - Series Unknown $200k–$525M
  • Lead/follow: 1% lead, 99% follow

Portfolio highlights

  • IOTrader — Decentralized Trading Platform Predict Prices. Trade Futures. Win Big. Trade cryptocurrency futures with up to 20x leverage. https://t.co/2j18FWbdKc
  • Tomoland — Tomoland is a social gaming platform where users create avatars, worlds, and multiplayer experiences.
  • Midas — Structured Products, Onchain.
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Zhenfei Zhang
Angel · 1 investments in Bulgaria Web3 startups

Zhenfei Zhang is a member of Ethereum Foundation researchers.

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Investment focus

  • Industry: Blockchain, Information Technology, Decentralized Finance (DeFi)
  • Stage:Pre-Seed
  • Geography: Bulgaria

Investor stats

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

Portfolio highlights

  • Blocksense — The universal verification layer for the autonomous economy. Accelerated by @a16zcrypto's CSX.
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Daedalus Angel Syndicate
VC Fund · London, England, United Kingdom · 1 investments in Bulgaria Web3 startups

Daedalus Angel Syndicate is a blockchain-focused angel collective.

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Investment focus

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

Investor stats

  • Total investments: 44
  • Round size: Seed $2M–$9M; Pre-Seed $1M–$35M; Series A $11M–$24M
  • Lead/follow: 2% lead, 98% follow

Portfolio highlights

  • Haiku — The Outcome Execution Layer. Any asset in. Any strategy out.
  • Tenor Labs — Tenor helps people borrow and lend money at a fixed rate without needing permission.
  • Cambrian — The financial intelligence layer for agents & institutions. Cambrian's API helps you make the best financial decisions onchain. Testnet waitlist @ https://t.co/eohvz17ALp
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Genblock Capital
VC Fund · San Francisco, California, United States · 1 investments in Bulgaria Web3 startups

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

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Investment focus

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

Investor stats

  • Total investments: 141
  • Round size: Seed $1.2M–$8M; Initial Coin Offering $5M–$314M
  • Lead/follow: 6% lead, 94% follow

Portfolio highlights

  • OX.FUN — Trade Bitcoin, Ethereum and trending altcoin derivatives on the most FUN exchange around. Join OX.FUN today and earn up to 200% yield. Moo.
  • AINN Layer2 — AINN Layer2 is a decentralized Bitcoin Layer2 network development.It promotes large-scale AI applications
  • Sanctum — Stake SOL and earn optimized LST returns from JupSOL, bbSOL, and more, and launch your own custom LST and Solana validator.
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DCbuilder ‎‏‏‎ ‎
Angel · 1 investments in Bulgaria Web3 startups

DCbuilder is an angel investor.

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Investment focus

  • Industry: Computer, Security, Blockchain
  • Stage:Pre-Seed
  • Geography: Bulgaria, Switzerland

Investor stats

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

Portfolio highlights

  • Nillion — The Secure Processing Layer of Web3
  • Blocksense — The universal verification layer for the autonomous economy. Accelerated by @a16zcrypto's CSX.
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Boyan Todorov
Angel · 1 investments in Bulgaria Web3 startups

Investment focus

  • Industry: Software, Blockchain
  • Stage:Pre-Seed
  • Geography: Bulgaria

Investor stats

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

Portfolio highlights

  • ERC World — A multi-chain native NFT marketplace
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a16z crypto
VC Fund · Menlo Park, California, United States · 1 investments in Bulgaria Web3 startups

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

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Investment focus

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

Investor stats

  • Total investments: 215
  • Round size: Seed $1M–$25M; Pre-Seed $500k–$3M; Series A $9M–$70M
  • Lead/follow: 68% lead, 32% follow

Portfolio highlights

  • Ornn AI, Inc — OranAI offers a comprehensive AI marketing solution that addresses operations, strategy, content production, and insights.OranAI concentrates on sectors including consumer electronics, fashion, FMCG, and cosmetics that have large budgets and quick decision-making cycles.
  • Catena Labs — Catena is a product studio where we transform complex computing advancements into accessible, practical tools for users and developers. Leveraging AI and web3 technology our aim is to turn innovative ideas into real-world applications that are easy to use.
  • Talos — Talos powers institutional access to the digital assets market - With full trade lifecycle coverage from price discovery through to execution and settlement.
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Lucid Blue Ventures
VC Fund · 1 investments in Bulgaria Web3 startups

Lucid Blue Ventures operates as a venture capital firm.

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Investment focus

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

Investor stats

  • Total investments: 43
  • Round size: Seed $1.2M–$8.6M; Series A $1.8M–$10M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Credbull — Credbull manages on-chain private credit funds that provide vital financing solutions to creditworthy small and medium-sized enterprises (SMEs).
  • Ink Finance — Ink Finance is the scalability solution for web3 DAOs, protocols and asset managers, enabling them to customize asset management and governance frameworks through a no-code interface, to effectively establish on-chain credit and financial competence. Ink Finance allows a one-stop and frictionless solution for organized financial activities, with scalability and customizability.
  • Velvet Capital — Trade any crypto onchain - spot and perpetuals across 7 chains with AI-powered routing. Non-custodial DeFi trading terminal + AI trading bot. 100K+ traders.
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Ognyan Genev
Angel · 1 investments in Bulgaria Web3 startups

Ognyan Genev is the member of Ethereum Foundation .

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Investment focus

  • Industry: Blockchain, Information Technology, Decentralized Finance (DeFi)
  • Stage:Pre-Seed
  • Geography: Bulgaria

Investor stats

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

Portfolio highlights

  • Blocksense — The universal verification layer for the autonomous economy. Accelerated by @a16zcrypto's CSX.
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Peech Capital
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 1 investments in Bulgaria Web3 startups

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

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Investment focus

  • Industry: Blockchain, Gaming, Bitcoin
  • Stage:Seed, Series A, Corporate Round
  • Geography: Singapore, Spain, Israel

Investor stats

  • Total investments: 11
  • 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.
  • Space Falcon — Space Falcon is an intergalactic metaverse built on the Solana Ecosystem. They provide stacking and make virtual assets with the introduction of planets, spaceships, and galaxies. Their NFTs for in-game items means players can own and control what they buy, earn, or craft.
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KuCoin
VC Fund · Mahé, Beau Vallon, Seychelles · 1 investments in Bulgaria Web3 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: 80
  • Round size: Seed $2M–$12M; Initial Coin Offering $2M–$20M
  • Lead/follow: 21% lead, 79% follow
  • Last fund: Likely still investing — raised $100M in 2021

Portfolio highlights

  • Utexo — Instant, private USDT payments on Bitcoin. Move stablecoins the way you move money.
  • Wave — Wave is a US blockchain SUI ecosystem that offers DeFi and GameFi products.
  • Domin Network — Pioneering the Future of Multi Chain E-Commerce, backed by @animocabrands https://t.co/16gnnhOcLy
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RR² CAPITAL
VC Fund · Lisbon, Lisboa, Portugal · 1 investments in Bulgaria Web3 startups

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

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Investment focus

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

Investor stats

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

Portfolio highlights

  • STAGE — Always-on music competitions powered by the blockchain. Vote for your favorite artists and share their success.
  • Dolomite.io — The home of DeFi yield - access great lending and borrowing yields, strategies, tools, and opportunities.
  • NXI — Nexus Interactive gives collective growth and accrued value to its ecosystem.
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Maven Capital Partners
VC Fund · Glasgow, Glasgow City, United Kingdom · 1 investments in Bulgaria Web3 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, Venture - Series Unknown
  • Geography: United Kingdom, United States, Germany

Investor stats

  • Total investments: 205
  • Round size: Seed $655k–$5.3M; Venture - Series Unknown $1.4M–$8.8M
  • Lead/follow: 74% lead, 26% follow

Portfolio highlights

  • KubeNet — We are KubeNet - a multi-award winning technology solutions provider based in Glasgow. Whether it's Managed IT, IT Support, Cloud, Connectivity, Voice or Cyber Security, we're by your side as your trusted technology partner.
  • HubIsoft Group — A new class of data technology. You drive, decide where you go and how you navigate, explore areas you thought unfathomable, you are in complete control.
  • ReadyGo Diagnostics — ReadyGo Diagnostics has invented a novel “Diagnostic Pen”. Low cost, intuitive to use from the raw sample, the ReadyGo Pen will be a game-changer in the newly emerging consumer diagnostics market, offering a yes/no answer in minutes, based on molecular analysis.
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MV Global
VC Fund · Central, Hong Kong Island, Hong Kong · 1 investments in Bulgaria Web3 startups

Master Ventures is a blockchain focused venture studio. We combine visionary ideas, exceptional talent, and investment capital to invest and build the next generation of revolutionary blockchain businesses and products.

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Investment focus

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

Investor stats

  • Total investments: 90
  • Round size: Seed $1.1M–$8.6M; Initial Coin Offering $100k–$60M
  • Lead/follow: 4% lead, 96% follow
  • Last fund: May invest from a new fund soon — raised $30M in 2021

Portfolio highlights

  • 0G — The First Decentralized AI Operating System
  • Yellow — Yellow is a financial services provider of software, analytics, and investments in blockchain startups.
  • Mind Network — The 1st Fully Homomorphic Encryption (FHE) Restaking Layer for AI and POS Networks. Mind Network is backed by Binance Labs, Hashkey, Big Brain, Chainlink, etc.
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Moonwhale Ventures
VC Fund · 1 investments in Bulgaria Web3 startups

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

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Investment focus

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

Investor stats

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

Portfolio highlights

  • SQR3D — Transform your idea into 3D assets at scale. Smart Contract Automation for 3D Designs with SQR3D.
  • Reitio Protocol — We’re creating an effortless way for everyone to create custom metaverse assets visually via an intuitive and codeless templates-based design toolkit, introducing reitio protocol.
  • Genesis Shards — Crafting a whole new suite of NFT powered products across multiple blockchains
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DAO Maker
VC Fund · Belle Vue, Cumbria, United Kingdom · 1 investments in Bulgaria Web3 startups

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

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Investment focus

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

Investor stats

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

Portfolio highlights

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

Kenny Li is the Co-Founder of P0x Labs. He attended MIT Sloan School of Management.

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Investment focus

  • Industry: Blockchain, Web3, Finance
  • Stage:Seed, Pre-Seed
  • Geography: United States, Bulgaria, Singapore

Investor stats

  • Total investments: 7
  • Round size: Seed $3.1M–$8M; Pre-Seed $1.2M–$4M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Capx — Capx's mission is to accelerate the flow of capital through the private markets, thereby enhancing global capital allocation. With secondary market and enterprise solutions, Capx combines high-quality collections of opportunities with efficient access for institutions and individual investors.
  • SODA — SODA enables the next generation of consumer crypto and meme coins and allows meme coin developers to leverage Telegram.
  • Blocksense — The universal verification layer for the autonomous economy. Accelerated by @a16zcrypto's CSX.
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Hack VC
VC Fund · San Francisco, California, United States · 1 investments in Bulgaria Web3 startups

Hack VC is a web3 venture capital firm.

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Investment focus

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

Investor stats

  • Total investments: 279
  • Round size: Seed $2M–$16M; Pre-Seed $1M–$8M; Series A $6M–$45M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: Likely still investing — raised $150M in 2024

Portfolio highlights

  • Mudafy — Mudafy is a tech-enabled real estate broker for LatAm.
  • Axis Robotics — AXIS ROBOTICS | Transferring Diverse Human Intelligence Into Robotic General Intelligence
  • Hyperlane — Hyperlane is the platform for developers building the interchain universe
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Anthony Beaumont
Angel · 1 investments in Bulgaria Web3 startups

Anthony Beaumont is a co-founder of Encode Club.

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Investment focus

  • Industry: Blockchain, Bitcoin, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: Bulgaria, United States

Investor stats

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

Portfolio highlights

  • Storm Labs — We are an open-source software development studio that builds infrastructure for the next financial generation.
  • Blocksense — The universal verification layer for the autonomous economy. Accelerated by @a16zcrypto's CSX.
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Varys Capital
VC Fund · New York, New York, United States · 1 investments in Bulgaria Web3 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, FinTech
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Panama, Spain

Investor stats

  • Total investments: 18
  • Round size: Seed $735k–$5.5M; Pre-Seed $1.1M–$3.5M
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

  • MSafe — MSafe offers the most secure, decentralized, scalable Web3 non-custodial, multi-signature solution built on Move, ideal for dApp developers to use for treasury management, token management, smart contract development, blockchain protocol admin control, live on Aptos
  • Polysights — Leverage intelligence to optimize your strategy on @Polymarket
  • Turtle Club — Aggregated, diligenced, personalized onchain yield management.
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Konstantin Richter
Angel · New York, New York, United States · 1 investments in Bulgaria Web3 startups

Konstantin Richter - CEO & Founder @ Blockdaemon

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Investment focus

  • Industry: Blockchain, Web3, Accounting
  • Stage:Seed, Pre-Seed
  • Geography: Israel, Bulgaria, United States

Investor stats

  • Total investments: 3
  • Round size: Seed $4.3M–$7.6M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Olympix — Olympix is a pioneering DevSecOps tool that puts security in the hands of the developer by proactively securing code from day one.
  • Tres — Crypto Accounting and Web3 Treasury - Enable financial workflows such as reconciliation, balance calculation, audit and reporting. Now businesses can monitor, manage and account for their Web3 assets from on-ramp to off-ramp.
  • Blocksense — The universal verification layer for the autonomous economy. Accelerated by @a16zcrypto's CSX.
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Marshland Group
VC Fund · Castries, Castries, Saint Lucia · 1 investments in Bulgaria Web3 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: 24
  • Round size: Seed $1.5M–$8.5M; Pre-Seed $1.5M–$1.9M
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • ChimpX AI — ChimpX AI is an AI-powered decentralized finance (DeFi) superapp designed to simplify crypto trading, cross-chain asset management, and blockchain interactions through natural language commands. The platform focuses on making complex DeFi operations accessible to everyday users by combining artificial intelligence, automation, and gaslesstransactions into a single interface.
  • BuyerBeats — The agentic demand layer for commerce.
  • 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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Wintermute
VC Fund · London, England, United Kingdom · 1 investments in Bulgaria Web3 startups

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

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Financial Services
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: United States, Singapore, Cayman Islands

Investor stats

  • Total investments: 91
  • Round size: Seed $3M–$18M; Series A $5M–$50M; Venture - Series Unknown $5M–$20M
  • Lead/follow: 4% lead, 96% follow
  • Last fund: Likely still investing — raised $20M in 2021

Portfolio highlights

  • BULK Trade — One Exchange Infinite Markets
  • Pave Bank — The world's first multi-asset and programmable bank
  • Nova Markets — The next billion-dollar market starts here. Powered by @HyperliquidX
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Victor Ji
Angel · Cambridge, Massachusetts, United States · 1 investments in Bulgaria Web3 startups

Victor Ji is the Co-Founder of P0x Labs and Manta Network.

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Investment focus

  • Industry: Blockchain, Information Technology, Web3
  • Stage:Seed, Angel, Pre-Seed
  • Geography: United States, Bulgaria

Investor stats

  • Total investments: 8
  • Round size: Seed $1M–$7M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Predicate — Policy for blockchain applications
  • SOON — @AiCapitalMarket WIP. Backed by @Jump_, @hack_vc & @anagramxyz https://t.co/EFAKt91B1F
  • Blocksense — The universal verification layer for the autonomous economy. Accelerated by @a16zcrypto's CSX.
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Selini Capital
VC Fund · 1 investments in Bulgaria Web3 startups, 14 in the past 12 months

Selini Capital is a multi-strategy trading firm and liquidity provider specializing in crypto assets. With roots in traditional finance and a passion for technology, we strive to bring leadership to this dynamic space.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Web3
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: United States, Singapore, Canada

Investor stats

  • Total investments: 72
  • Round size: Seed $1.9M–$16M; Series A $3.2M–$27M; Venture - Series Unknown $2M–$30M
  • Lead/follow: 6% lead, 94% follow

Portfolio highlights

  • Cambrian — The financial intelligence layer for agents & institutions. Cambrian's API helps you make the best financial decisions onchain. Testnet waitlist @ https://t.co/eohvz17ALp
  • World Foundation — World is a new standard of trust for the internet - private proof of human, powerful financial infrastructure & the human-first experiences they enable.
  • Perceptron Network — AI agents that learn, earn, and reward trust. Perceptron powers a decentralized mesh of reputation and revenue. Perceptron Network is the first AI-powered system where interactions drive growth and earn real rewards.
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Justin Drake
Angel · Cambridge, Massachusetts, United States · 1 investments in Bulgaria Web3 startups

Justin Drake is the Researcher of Ethereum Foundation. He previously worked at Duo Money Ltd as a Founder and CEO. Justin Drake attended the University of Cambridge.

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Investment focus

  • Industry: Blockchain, FinTech, Finance
  • Stage:Seed, Grant, Pre-Seed
  • Geography: Switzerland, United States, Bulgaria

Investor stats

  • Total investments: 6
  • Round size: Seed $4.9M–$13M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • Pi Squared — Pi Squared enables trustless remote computing, AI, and interoperable smart contracts for any blockchain or dApp.
  • Ellipsis Labs — Ellipsis Labs is building Phoenix, a decentralized limit order book on Solana that is fully on-chain, non-custodial, and crankless.
  • Blocksense — The universal verification layer for the autonomous economy. Accelerated by @a16zcrypto's CSX.
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The Rollup
VC Fund · 1 investments in Bulgaria Web3 startups

Sign up to The Rollup Report For Interviews, Podcasts, And Exclusive Info Delivered Directly To Your Mailbox

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Decentralized Finance (DeFi)
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, India, Bulgaria

Investor stats

  • Total investments: 8
  • Round size: Seed $2M–$27M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • BeraTone — BeraTone is a farm life simulation game developed on Berachain technology.
  • Inversion — Acquiring durable businesses.
  • Blockworks — Blockworks is a financial media brand that delivers breaking news and premium insights about digital assets to millions of investors. Our editorial content, newsletters, podcasts and events provide investors with the critical analysis and information they need to make smarter decisions about digital assets.
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ZBS CAPITAL
VC Fund · Kyiv, Kyyiv, Ukraine · 1 investments in Bulgaria Web3 startups

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

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Investment focus

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

Investor stats

  • Total investments: 159
  • Round size: Seed $1M–$6M; Venture - Series Unknown $1.3M–$6M
  • Lead/follow: 1% lead, 99% follow
  • Last fund: May invest from a new fund soon — raised $500k in 2017

Portfolio highlights

  • Yellow — Yellow is a financial services provider of software, analytics, and investments in blockchain startups.
  • KIP Protocol — KIP Protocol is a decentralised AI framework unlocking digital property rights of Knowledge Assets in the AI-powered future.
  • Alliance Games — Build Beyond Limits. Multiplayer for the Next, Decentralized Era.
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Gate
VC Fund · Malta, Illinois, United States · 1 investments in Bulgaria Web3 startups

Established in 2013 by Dr. Lin Han, Gate is one of the world’s pioneering cryptocurrency exchanges, serving over 34 million users across more than 224 countries and regions. It supports trading for over 3,800 cryptocurrencies, ranking among the top 2 globally in spot trading volume and top 3 overall in comprehensive strength. Gate is the firstmainstreamexchange to commit to 100% reserves. As of July 11, 2025, Gate holds $10.504 billion in reserves with a 126.03% reserve ratio. The Gate ecosystem goes beyond trading to include: Gate Alpha – A platform for early-stage, high-potential on-chain assets. Gate Web3 – A Web3 gateway integrating wallet, cross-chain, staking, and Dapp access. Gate Ventures – A blockchain and fintech-focused venture capital fund. Gate Labs – Incubation and operational support for innovative startups. Gate Pay – A crypto payment solution for global merchants and users. Gate operates under multiple licenses and regulatory registrations in jurisdictions includingDubai, Japan, Lithuania, Malta, Italy, Gibraltar, Argentina, Bahamas, and Hong Kong. In 2025, Gate launched its new brand domain Gate.com to reflect its vision as a next-generation crypto exchange.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Web3
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: United States, Singapore, United Kingdom

Investor stats

  • Total investments: 82
  • Round size: Seed $1.2M–$10M; Series A $2.4M–$20M; Venture - Series Unknown $2M–$12M
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • Capx — Capx's mission is to accelerate the flow of capital through the private markets, thereby enhancing global capital allocation. With secondary market and enterprise solutions, Capx combines high-quality collections of opportunities with efficient access for institutions and individual investors.
  • DeepSafe — The world's first Cryptographic Random AI Verification Network for trustless verification of any on-chain and off-chain messages.
  • aPriori — aPriori is a monad-native MEV infrastructure and liquid staking mechanism developed for parallel executions.
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Wintermute Ventures
VC Fund · London, England, United Kingdom · 1 investments in Bulgaria Web3 startups, 10 in the past 12 months

Wintermute Ventures is an investor dedicated to supporting innovation in the blockchain ecosystem.

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Investment focus

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

Investor stats

  • Total investments: 115
  • Round size: Seed $2.7M–$20M; Series A $7.6M–$50M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • UnblockPay
  • Morpho Labs — Morpho is an open credit network that connects lenders and borrowers to the best possible opportunities worldwide.
  • Velocity — Velocity provides a unified platform for efficiently moving and managing funds across both traditional banks and blockchains.
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Public Works
VC Fund · 1 investments in Bulgaria Web3 startups

Public Works is a software sevelopment firm.

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Investor stats

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

Portfolio highlights

  • Blocksense — The universal verification layer for the autonomous economy. Accelerated by @a16zcrypto's CSX.
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Permutation Ventures
VC Fund · San Francisco, California, United States · 1 investments in Bulgaria Web3 startups

Permutation Ventures is a new micro VC specializing in AI companies and applications.

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Investor stats

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

Portfolio highlights

  • Blocksense — The universal verification layer for the autonomous economy. Accelerated by @a16zcrypto's CSX.
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MH Ventures
VC Fund · London, England, United Kingdom · 1 investments in Bulgaria Web3 startups, 9 in the past 12 months

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

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Investment focus

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

Investor stats

  • Total investments: 209
  • Round size: Seed $1.5M–$12M; Pre-Seed $500k–$5M
  • Lead/follow: 2% lead, 98% follow

Portfolio highlights

  • Alphea — ALPHEA is an AI-native execution OS that awakens intelligence across every surface.
  • Dow Protocol — An E-Commerce Financing RWA Platform on @BNBCHAIN, facilitating assets trusted by the world's largest banks. Lead invested by @mhventures @Maple_block
  • Fortune Protocol — Fortune Protocol brings the age- old tradition of fortune cookies to the modern prediction market.
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METRIX Capital Group
VC Fund · Anaheim, California, United States · 1 investments in Bulgaria Web3 startups

METRIX Capital Group was founded in 2011

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Investment focus

  • Industry: Gaming, Blockchain, Cryptocurrency
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: Spain, Vietnam, United States

Investor stats

  • Total investments: 12
  • Round size: Seed $1.5M–$4.5M; Pre-Seed $1.5M–$3.4M; Venture - Series Unknown $1.9M–$2.2M
  • 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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NewTribe Capital
VC Fund · Dubai, Dubai, United Arab Emirates · 1 investments in Bulgaria Web3 startups

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

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Investment focus

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

Investor stats

  • Total investments: 79
  • Round size: Seed $220k–$10M; Series A $19M–$25M; Venture - Series Unknown $100k–$10M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Rhuna — One white-label stack for payments, ticketing, access, and data across live entertainment.
  • Fortune Protocol — Fortune Protocol brings the age- old tradition of fortune cookies to the modern prediction market.
  • Perceptron Network — AI agents that learn, earn, and reward trust. Perceptron powers a decentralized mesh of reputation and revenue. Perceptron Network is the first AI-powered system where interactions drive growth and earn real rewards.
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Web3 Investor funding in Bulgaria at a glance

Stats across 19 deals from 65 investors.

65
investors
in Bulgaria Web3 startups
19
deals
in Bulgaria Web3 startups
$1.6M
median round
in Bulgaria Web3 startups
15%
lead investors
lead at least one round
53%
Seed
most common funding stage
77/23
VC / Angel
share of investor count

Access all 65 investors in Bulgaria Web3 startups.

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