Bulgaria - AIN

12.12.23

Startup of the Day: Bulgarian-founded company Eilla AI

Eilla AI was co-founded by Nikola Lazarov, Petar Petrov, and Nikolay Babulkov. The company provides an AI platform powering the M&A, VC, and PE deal workflow. It helps to automate mundane tasks and support complex decision-making.

08.12.23

Bulgarian startup TokWise raises €3M equity investment led by Encavis

Bulgarian SaaS platform TokWise has raised a €3 million equity investment led by German renewable energy producer Encavis. Bulgarian venture capital firm Vitosha Venture Partners also participated in the deal. As for the startup, the deal will allow TokWise to

23.11.23

Bulgarian HR startup nPloy secures €1.8M in a round led by Morningside Hill VC

Sofia-based nPloy has secured €2 million in a fresh seed round of funding by the Bulgarian VC firm Morningside Hill. The follow-on investment is in addition to last year’s €2 million round, which will be used to expand to the Romanian market, The Recursive

21.11.23

US-Bulgarian startup LucidLink raises $75M in Series C funding

US-Bulgarian cloud storage startup LucidLink has raised $75 million in Series C funding, the biggest round for Bulgaria in 2023 and one of the largest in CEE, the Recursive reports. The lead investor this round is Brighton Park Capital, with

17.11.23

Sofia Angels Ventures joins €9M round for German AI startup Retorio

Retorio, a German AI startup, has secured €9 million in Series A funding round set to strengthen its innovative behavioral intelligence technology, Starbase reports. New investors SquareOne, Porsche Ventures and Storm Ventures, as well as existing backers, including the Bulgarian fund Sofia Angels