Bulgaria - AIN

11 Apr

Bulgarian e-commerce startup Rush is acquired by Shop Circle

Sofia-based e-commerce tech startup Rush has been acquired by Shop Circle, now being fully managed by the company. The process will take a few months in order to fully implement the new strategy. Scaling a successful SaaS requires time, effort,

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