Bulgaria - AIN

02 Apr

Bulgarian startup Krik.bg raises €350k in funding

Krik.bg, a Sofia-based dealer in second-hand auto parts, has raised approximately €350,000 in funding from Sofia Angels Ventures and Vitosha Venture Partners Fund I. Krik.bg aims to accelerate its expansion into new international markets. Our partnership signifies our confidence in the company’s

21 Mar

“I believe the Bulgarian Startup and VC ecosystem is one of the most developed ones in the region.” Interview with Zlatolina Mukova from New Vision 3

Throughout 2023, New Vision 3 was one of the most active VC funds across the CEE region. With nearly a dozen investment rounds announced only in Autumn of the year, namely investments in Prolaz and 7 Bulgarian startups, NV3 continues

19 Mar

UK-Bulgarian cargo drone airline Dronamics receives €10M from EIC

Dronamics, a Bulgarian-founded cargo drone airline, has announced a €10 million equity investment provided by European Innovation Council (EIC). The financing follows the earlier grant in the amount of €2.5 million under the Accelerator program in November 2022. The continued

01 Mar

EIC Accelerator invests €285M in deeptech startups — several are from CEE

European Innovation Council has selected 42 companies to receive funding following the final 2023 EIC Accelerator cut-off in November. Among selected startups are Bulgarian Smart Farm Robotix, Finnish IQM Finland, Slovakian Powerful medical, and more. About the fresh EIC Accelerator program 242

29 Feb

Startup of the Day: Evrotrust, a Bulgarian digital ID provider

Evrotrust was founded by George Dimitrov and Konstantin Bezuhanov, starting its operations in 2018 with a focus on providing solutions that help businesses and government institutions digitize their services. The identity-as-a-service platform enables organizations to remotely identify, onboard, and provide services