Innovation Capital
innovationcapital.bg Direct investor
Innovation Capital is a venture capital fund based in Sofia, Bulgaria, providing equity and quasi-equity funding to Bulgarian startups. It offers investment tracks from acceleration to seed stage, focusing on high-priority sectors.
Innovation Capital is a venture capital firm headquartered in Sofia, Bulgaria. It invests directly in companies, from pre-seed to seed, in enterprise software, e-Commerce, financial services and education. Its stated cheque size is EUR 25,000+ up to EUR 1,000,000. EUR 21.1 million under management, as it reports.
“Innovation Capital is a EUR 21.1 million venture capital fund with the mandate to provide access to equity and quasi-equity funding to Bulgarian startup companies.”
— Innovation Capital, own website
- Layer
- Direct investor
- Type
- Venture capital
- Invests in
- Bulgaria
- Sectors
- Enterprise software, e-Commerce, Financial services, Education, Automotive / Transport / Logistics, Healthcare, Entertainment / Media, Food / FMCG, Security / Cyber-security, Travel
- Cheque size
- EUR 25,000+ up to EUR 1,000,000
- Assets under management
- EUR 21.1 million
Team, as Innovation Capital publishes it
- Vassil Christov Managing Partner
- Dimitar Kostov Managing Partner
- Borislav Stefanov Managing Partner
- Angel Angelov Managing Partner
- TANYA ILIEVA INVESTMENT MANAGER
Names and roles exactly as listed on innovationcapital.bg. Nothing else about these people is recorded.
Co-invests most often with
Derived from portfolio pages both investors publish themselves: each pair below lists at least one company in common. 15 co-investors found.
- Bulgarian Angels Club 3 shared companies: byebyestuttering.com, fightscout.app, avtoikonom.bg
- Impetus Capital 2 shared companies: promoto.bg, rebenefit.bg
- Axial Partners 1 shared company: wordpress.com
- Fairfax County Employees' Retirement System 1 shared company: wordpress.com
- FireStarter Fund 1 shared company: wordpress.com
- Flare Capital Partners 1 shared company: wordpress.com
- Fundación Repsol 1 shared company: wordpress.com
- Golden Ventures 1 shared company: wordpress.com
- Oasis Capital 1 shared company: wordpress.com
- Overlap Holdings 1 shared company: wordpress.com
and 5 more — the graph.
Where this comes from
Every fact above was read from a page Innovation Capital publishes itself. Nothing is taken from third-party databases. Investment activity (deals, co-investors) is not yet recorded.
- https://www.innovationcapital.bg/name, is_investor, layer, type, hq_country, hq_city, invests_in_geographies, stage_min, stage_max, sectors, cheque_size, thesis_quote, thesis_quote_page, description, aum, people
Is this record wrong or stale? Report a mistake — it reaches us directly, no email address to look up.
Record 6957 · added 2026-09-03 · link last verified 2026-09-06 · confidence high
Similar investors
- BrightCap VenturesVenture capital · Seed – Series A · Sofia, Bulgaria
- KaszekVenture capital · Seed – Growth · Buenos Aires, Argentina
- LAUNCHub VenturesVenture capital · Pre-seed – Series B · Sofia, Bulgaria
- BY Venture PartnersVenture capital · Pre-seed – Series C+ · Beirut, Lebanon
- Cento VenturesVenture capital · Series A · Singapore, Singapore
- FirstCheck AfricaVenture capital · Pre-seed – Seed · Lagos, Nigeria