Bulgaria

Vitosha Venture Partners invests €1M in five startups

Bulgarian VC and private equity firm Vitosha Venture Partners has invested a total of €1 million in five startups during May 2023. The list of backed startups consists of Nakantara, Native Spaces, ChatHalla, SN Metals, and FinqUP. “The similarity between the nine companies

Bulgarian euShipments acquires Helpship, Romanian e-fulfilment provider

The Ruse-based e-commerce logistics services provider euShipments has announced the acquisition of a majority stake in Romanian fulfillment operator Helpship. The deal amount was not disclosed. It has become the second acquisition for euShipments of this year.  “A new, exciting

Bulgarian company Cupffee raises €1.8M for its edible coffee cups

Plovdiv-based foodtech startup Cupffee has raised €1.8 million through a pre-seed round from Eleven Ventures and a grant from the EIC. The company produces and commercializes edible coffee cups and stirrers, the Recursive reports.

Bulgarian spacetech EnduroSat raises ＄10M in Series A led by CEECAT Capital

Sofia-based provider of software-flexible nanosatellites and space services EnduroSat has raised $10 million in Series A funding to gain more footing in the satellite market. CEECAT Capital, an EU investment firm, led the round, also joined by Freigeist Capital, the Recursive