Investors in Bulgaria
42 investors headquartered in Bulgaria are recorded here, among them 17 asset managers, 10 venture capital firms, 5 other investors and 4 private equity firms. Stated investment stages run from pre-seed to buyout. The sectors named most often are Healthcare, Technology and Fintech. The cities with most of them are Sofia (23), София (5) and Ruse (1). Every fact comes from the investor’s own website and links back to the page it was read from. Coverage is incomplete and biased toward investors who publish clearly.
| Investor | Layer | Type | Stage | Headquarters |
|---|---|---|---|---|
| Advance Equity Holding | Direct investor | Private equity | Not stated | Bulgaria |
| Alfastar Ventures JSC Deep Tech · CleanTech · Industry 4.0/5.0 · Wellbeing |
Direct investor | Venture capital | Not stated | Sofia, Bulgaria |
| Anthology Ventures SaaS · biotech · AI · telemedicine |
Direct investor | Venture studio | Pre-seed – Seed | Sofia, Bulgaria |
| BlackPeak Capital Manufacturing · Software · IT Services · Business Services |
Direct investor | Private equity | Growth – Buyout | Sofia, Bulgaria |
| Block Labs Web3 · blockchain · DeFi · NFT |
Direct investor | Accelerator | Seed – Series A | Sofia, Bulgaria |
| BrightCap Ventures Future of Work · Fintech · Health |
Direct investor | Venture capital | Seed – Series A | Sofia, Bulgaria |
| Bulgaria Fund Management fixed-income · corporate debt · technology · real estate |
Direct investor | Asset manager | Not stated | Sofia, Bulgaria |
| Bulgarian Angels Club technology · startups |
Direct investor | Angel network | Seed | Bulgaria |
| Bulgarian Development Bank SMEs · public sector · municipal projects · energy efficiency |
Direct + LP | Other | Not stated | Bulgaria |
| Capital Investments Fund | Direct investor | Public fund | Series A – Growth | Bulgaria |
| Capman Asset Management JSC | Direct investor | Asset manager | Not stated | Sofia, Bulgaria |
| Cleantech Bulgaria clean technologies · green business · environment · science |
Direct investor | Accelerator | Seed – Series A | Bulgaria |
| Clint Hill Capital OOD public equities · government securities |
Direct investor | Asset manager | Not stated | Sofia, Bulgaria |
| Concord Asset Management AD equities · bonds · real estate · energy |
Direct investor | Asset manager | Not stated | Bulgaria |
| Elana Fund Management JSC | Layer unknown | Asset manager | Not stated | Bulgaria |
| Eleven Capital technology |
Direct investor | Other | Not stated | Sofia, Bulgaria |
| Eleven Fund Manager B.V. Fintech · Healthcare · Future of Work · Climate and Sustainability |
Direct investor | Venture capital | Pre-seed – Seed | Sofia, Bulgaria |
| Expat Asset Management EAD | Layer unknown | Asset manager | Not stated | Bulgaria |
| FFBH Asset Management Inc. | Direct investor | Asset manager | Not stated | Sofia, Bulgaria |
| Impetus Capital tech |
Direct investor | Other | Growth | Sofia, Bulgaria |
| Innovation Capital Enterprise software · e-Commerce · Financial services · Education |
Direct investor | Venture capital | Pre-seed – Seed | Sofia, Bulgaria |
| Invenio Partners healthcare · education · technology |
Direct investor | Private equity | Series A – Growth | Bulgaria |
| Karoll Capital Management public equities · fixed income · infrastructure · commodities |
Direct investor | Asset manager | Not stated | Bulgaria |
| LAUNCHub Ventures Future of Work · Productivity · Streaming Analytics · AI |
Direct investor | Venture capital | Seed | Sofia, Bulgaria |
| MarketVision Finance EOOD public equity · cryptocurrency · commodities · music royalties |
Layer unknown | Asset manager | Funds | Ruse, Bulgaria |
| Morningside Hill Capital Management sector agnostic |
Direct investor | Asset manager | Series A – Growth | Sofia, Bulgaria |
| Neo Gravity Fund Brands · Consumer Goods · Lifestyle · Mobility |
Direct investor | Venture capital | Not stated | Sofia, Bulgaria |
| NEVEQ enterprise software · infrastructure software · vertical marketplaces · fintech |
Direct investor | Venture capital | Seed – Growth | Sofia, Bulgaria |
| New Vision 3 Fund FinTech & Blockchain · Artificial Intelligence · Shared Economy & Platforms · IoT & Big Data |
Direct investor | Venture capital | Pre-seed – Seed | Sofia, Bulgaria |
| Serdica Capital | Direct investor | Asset manager | Growth – Buyout | Sofia, Bulgaria |
| Silverline Partners OOD Healthcare · Transportation & Logistics · Manufacturing · Consumer & Retail |
Direct investor | Private equity | Growth – Buyout | Bulgaria |
| Sofia Angels Ventures technology · AI · medtech · greentech |
Direct investor | Venture capital | Pre-seed – Seed | Sofia, Bulgaria |
| Thracian Invest fixed income · technology · innovative products and services |
Direct investor | Asset manager | Not stated | Sofia, Bulgaria |
| Trend Asset Management equities · bonds · money market instruments · debt securities |
Layer unknown | Asset manager | Not stated | Sofia, Bulgaria |
| VHM Capital real estate · energy · media · manufacturing |
Direct investor | Asset manager | Not stated | Bulgaria |
| Vitosha Ventures 2 Ltd AI enablement · automation · commerce · defense |
Direct investor | Venture capital | Pre-seed – Series A | Sofia, Bulgaria |
| Актива Асет Мениджмънт АД | Direct investor | Asset manager | Not stated | Bulgaria |
| ВФ Алтърнатив АД real estate · renewable energy · software · hardware |
Direct investor | Asset manager | Seed – Growth | София, Bulgaria |
| ДОВЕРИЕ – ОБЕДИНЕН ХОЛДИНГ АД | Direct investor | Other | Not stated | София, Bulgaria |
| Република Холдинг АД (Republika Holding AD) | Direct investor | Other | Not stated | София, Bulgaria |
| Смарт Фънд Асет Мениджмънт ЕАД | Direct investor | Asset manager | Not stated | София, Bulgaria |
| Фонд мениджър на финансови инструменти в България (ФМФИБ) DeepTech · CleanTech · HealthTech · FinTech |
Direct + LP | Fund of funds | Seed – Growth | София, Bulgaria |