Bulgaria

Bulgaria’s ATM Electronics is acquired for €3.17M by Sweden-based NOTE

Swedish electronic manufacturer NOTE has announced the acquisition of Bulgarian ATM Electronics for a price of €3.17 million (SEK 36 million). As the result of the deal, NOTE gains another electronics assembly plant in Eastern Europe. “NOTE continues to develop

Bulgarian launchlabs Sofia launches foodtech accelerator. Startups can get up to €200k

launchlabs Sofia, an international business redesign studio, has launched a food technology innovation accelerator, Future Verticals. The program will be financed by Bulgarian venture capital fund Vitosha Venture Partners and other program’s mentors. Startups can receive funding between €20,000 and

Bulgarian startup Dynamic Pricing AI raises €600k in a seed round

Sofia-based retail pricing management startup Dynamic Pricing AI has raised €600,000 in its seed funding round. Local growth investors Sofia Angels Ventures (SAV) and Vitosha Venture Partners are the main investors. “We are launching an innovative AI product that explores

Ingenico acquires Phos, Bulgarian developer of software-only POS solutions

French Ingenico, the global leader in payments acceptance solutions, has announced its acquisition of 100% of Phos, the Sofia-based provider of software-only Point of Sale solutions (SoftPoS). The amount of the deal is not disclosed. “We see strong customer demand