Top Venture Investors in Bulgaria 2025 | Unicorn Nest Directory

Bulgaria's venture capital (VC) landscape has seen a remarkable transformation in the last three years. Since 2022, the country has witnessed a surge in VC activity, with a significant increase in the number of funding rounds and the total amount of capital invested.

Over the past three years, Bulgaria has seen a total of 45 venture capital rounds, with a staggering $150 million invested in the local startup ecosystem. Some of the core startups that have received notable investments include Payhawk, a leading fintech company that raised $100 million, and Gtmhub, a fast-growing SaaS platform that secured $30 million in funding.

The top venture capital funds operating in Bulgaria include Eleven Ventures, LAUNCHub Ventures, and Neveq Capital. These funds have played a crucial role in nurturing and supporting the country's thriving startup community, driving innovation and economic growth.

In summary, Bulgaria's venture capital landscape has experienced a remarkable transformation, with a substantial increase in funding rounds and investment volumes, as well as the emergence of promising startups and the active involvement of leading VC funds.

In the past three years, Bulgaria has seen a surge in venture capital investments, with several prominent firms taking an active interest in the country's thriving startup ecosystem. Notable players include Eleven Ventures, which has backed numerous tech companies, and LAUNCHub Ventures, a leading early-stage investor. One of the most significant deals in recent years was the $30 million Series A round raised by Payhawk, a fintech startup, in 2021. This investment, led by Greenoaks Capital, underscores the growing appeal of Bulgaria as a destination for venture capital, particularly in the financial technology sector.

Active corporate venture capital firms have been increasingly investing in Bulgaria's thriving startup ecosystem over the past three years. Notable deals include Telerik's acquisition by Progress Software and Paysafe's investment in Paynetics, a leading Bulgarian fintech company. Bulgaria's tech talent and favorable business environment continue to attract global corporate venture capital.