Recently Funded Startups in Bulgaria (Sep-2025)
Last Updated: 22-Sep-2025
Bulgaria’s startup ecosystem is steadily evolving, showcasing a mix of innovation and entrepreneurial spirit that has attracted significant investment attention in recent years. With a total of 37 startups tracked, the country’s burgeoning tech landscape reflects a resilience and commitment to growth, despite various challenges faced in the global market. This momentum is evident as investors show a keen interest in nurturing ideas that span various sectors, offering a glimpse into the future of Bulgaria’s economic development.
In September 2025, the startup funding scene in Bulgaria has revealed significant activity, particularly in the hardware industry, which accounted for a remarkable $49 million this year. Although overall funding activity has seen a decline with just one startup raising capital in contrast to the 12 from the previous year, the substantial Series B funding round raised by EnduroSat highlights the potential for tech-driven growth. As the ecosystem continues to mature, the emphasis on hardware innovation may pave the way for more deals and a reinvigoration of investor interest in the region.
Funding Highlights
- Total startups tracked: 37
- Number of startups that raised funding last year: 12
- Number of startups that raised funding this year: 1
- Total funding raised this year so far: $49,000,000
- Largest deal: EnduroSat, Series B, $49,000,000
- Top industries by funding amount: Hardware ($49,000,000)
- Top industries by number of deals this year: Hardware (2 deals)
Full List of Recently Funded Startups in Bulgaria
| Company | City | Country | Round | Amount | Date | Industry |
|---|---|---|---|---|---|---|
| EnduroSat | Sofia | Bulgaria | Series B | $49M | 2025-05-27 | Hardware |
| EnduroSat | Sofia | Bulgaria | Series Unknown | Undisclosed | 2025-02-17 | Hardware |
| AMPECO | Sofia | Bulgaria | Series B | $26M | 2024-11-26 | Energy |
| Cloud Office | Sofia | Bulgaria | Series Unknown | $2.1M | 2024-11-19 | Information Technology |
| Blocksense | Sofia | Bulgaria | Pre-Seed | $4M | 2024-09-10 | Blockchain and Cryptocurrency |
| YouMatch | Sofia | Bulgaria | Seed | $1.5M | 2024-09-05 | Information Technology |
| Quendoo | Sofia | Bulgaria | Seed | $1.1M | 2024-06-24 | Financial Services |
| Eldrive | Sofia | Bulgaria | Series Unknown | $16.1M | 2024-06-14 | Energy |
| AGRA | Plovdiv | Bulgaria | Pre-Seed | $27K | 2024-04-01 | Agriculture and Farming |
| Team Schedule | Sofia | Bulgaria | $1.1M | 2024-03-01 | Artificial Intelligence (AI) | |
| 365 Data Science | Sofia | Bulgaria | Seed | $433K | 2024-02-22 | Education |
| AdScout | Sofia | Bulgaria | Pre-Seed | $324.8K | 2024-02-22 | Other |
| Evrotrust | Sofia | Bulgaria | Series Unknown | $3.5M | 2024-02-06 | Information Technology |
| Eldrive | Sofia | Bulgaria | Series Unknown | $43.5M | 2024-01-26 | Energy |
| Nasekomo | Sofia | Bulgaria | Series A | $8.8M | 2024-01-11 | Agriculture and Farming |
| TokWise | Sofia | Bulgaria | Series Unknown | $3.2M | 2023-12-08 | Data and Analytics |
| nPloy | Sofia | Bulgaria | Seed | $2.2M | 2023-11-23 | Administrative Services |
| icanpreneur | Sofia | Bulgaria | Pre-Seed | $899.3K | 2023-11-16 | Financial Services |
| Ancestral Superfoods | Sofia | Bulgaria | Seed | $216.7K | 2023-11-16 | Food and Beverage Services |
| Sensika Technologies | Sofia | Bulgaria | Series Unknown | Undisclosed | 2023-10-18 | Information Technology |
| URBO Studio | Sofia | Bulgaria | Series Unknown | $1.3M | 2023-09-14 | Apps |
| Nasekomo | Sofia | Bulgaria | Series Unknown | $2.7M | 2023-09-04 | Agriculture and Farming |
| Badu | Petrich | Bulgaria | Series Unknown | $2.8M | 2023-08-25 | Commerce and Shopping |
| Devnya Cement | Devnya | Bulgaria | Series Unknown | $190M | 2023-07-18 | Manufacturing |
| Owensboro Riverport Authority | Kyustendil | Bulgaria | Series Unknown | $163.4K | 2023-07-05 | Manufacturing |
| ChatHalla | Sofia | Bulgaria | Pre-Seed | $53.9K | 2023-06-08 | Information Technology |
| Cupffee | Plovdiv | Bulgaria | Series Unknown | $1.4M | 2023-05-23 | Food and Beverage |
| EnduroSat | Sofia | Bulgaria | Series A | $10M | 2023-05-10 | Hardware |
| Ubitrack | Sofia | Bulgaria | Series Unknown | Undisclosed | 2023-05-04 | Artificial Intelligence |
| FoodObox | Sofia | Bulgaria | Seed | Undisclosed | 2023-05-04 | Food and Beverage |
| Dynamic Pricing AI | Sofia | Bulgaria | Seed | $657.5K | 2023-04-04 | Information Technology |
| Transmetrics | Sofia | Bulgaria | Series Unknown | $2.7M | 2023-02-23 | Artificial Intelligence |
| TouchMenu | Sofia | Bulgaria | Seed | $397.2K | 2023-02-14 | Events |
| AMPECO | Sofia | Bulgaria | Series A | $13M | 2023-01-25 | Energy |
Frequently Asked Questions
Q1. Where can I find recently funded startups in Bulgaria?
You can explore our full list of startups that raised funding this month above. You can also subscribe to our free plan to get weekly alerts.
Q2. How many startups in Bulgaria were funded recently and how many do you track?
We track 37 startups in Bulgaria; 12 raised funding last year and 1 has raised funding so far this year.
Q3. Which industries are trending among recently funded startups in Bulgaria?
Hardware is the clear leader (USD 49,000,000) and by deal count Hardware had 2 deals; other industry data for this period is not available in our database.
Q4. How much funding have startups in Bulgaria raised this year and what was the largest deal?
Startups in Bulgaria have raised USD 49,000,000 so far this year; the largest deal was EnduroSat’s Series B for USD 49,000,000.
Q5. How can I connect with these startups in Bulgaria?
You can subscribe to our premium plan for verified CEO and decision-maker contacts.
