Funded Startups in Bulgaria
The 37 rounds shown span from August 2021 through November 2025, with Sofia accounting for the large majority of deal activity.
The 37 rounds shown span from August 2021 through November 2025, with Sofia accounting for the large majority of deal activity. The two largest disclosed rounds belong to Devnya Cement ($190M, manufacturing, Devnya, July 2023) and EnduroSat ($104M, hardware, Sofia, November 2025) — both well above the typical range for this dataset, where most disclosed amounts fall under $30M. Energy stands out as a cluster worth tracking: AMPECO closed a $26M Series B in November 2024 and Eldrive raised $16M in June 2024, both headquartered in Sofia.
Pre-Seed and Seed rounds account for a large share of the 37 records, with disclosed amounts ranging from $50K (ChatHalla, June 2023) to $9M (Nasekomo's Series A in agriculture, January 2024). Information Technology has the highest company count in the dataset, with entries including Evrotrust ($8M, November 2025), YouMatch ($2M Seed, September 2024), and Dynamic Pricing AI ($660K Seed, April 2023), among others.
Most recent rounds
37 shownRelated listings
Frequently asked
What are the largest disclosed rounds among the Bulgarian startups shown?
Devnya Cement leads at $190M (manufacturing, Devnya, July 2023), followed by EnduroSat at $104M (hardware, Sofia, November 2025) and AMPECO at $26M Series B (energy, Sofia, November 2024). The next tier includes Eldrive at $16M and Nasekomo at $9M.
How geographically concentrated is startup funding in Bulgaria?
Sofia dominates — the vast majority of the 37 companies are headquartered there. A handful operate outside the capital: AGRA and Cupffee in Plovdiv, Devnya Cement in Devnya (Varna region), Econic One in Varna, and Badu in Petrich (Blagoevgrad region).
Which sectors appear most frequently in recent Bulgarian funding rounds?
Information Technology has the highest company count, followed by Artificial Intelligence (Transmetrics, Ubitrack, Team Schedule), Agriculture and Farming (AGRA, Nasekomo), Energy (AMPECO, Eldrive), and Food and Beverage (Cupffee, FoodObox, Ancestral Superfoods). Financial Services also appears three times with Quendoo, icanpreneur, and Phos.
What stage are most Bulgarian companies in this dataset raising at?
Seed and Pre-Seed labels are the most common across the 37 records. Labeled growth-stage rounds are rare — Nasekomo reached Series A ($9M, January 2024) and AMPECO Series B ($26M, November 2024), making them the most advanced by disclosed stage in the dataset.
How wide is the range of round sizes for Bulgarian startups?
Disclosed amounts span from $50K (ChatHalla pre-seed, June 2023) to $190M (Devnya Cement, July 2023). The bulk of rounds with disclosed figures cluster between $500K and $5M, and five rounds — including Sensika Technologies, FoodObox, and FindMeCure — list amounts as undisclosed.
How recent is the funding activity in this Bulgaria dataset?
The two most recent rounds closed in November 2025 — EnduroSat ($104M) and Evrotrust ($8M), both in Sofia. The dataset reaches back to August 2021 with Phos ($2M corporate round, Sofia), covering roughly four years of disclosed deal flow.
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