Series Unknown Funded Startups in Bulgaria
The largest disclosed round in this Bulgaria “Series Unknown” slice is Devnya Cement’s $190M (2023-07-18), and it dwarfs the next-largest disclosed amount…
The largest disclosed round in this Bulgaria “Series Unknown” slice is Devnya Cement’s $190M (2023-07-18), and it dwarfs the next-largest disclosed amount of $16M held by Eldrive (2024-06-14). Aside from a few mid-sized disclosed rounds clustered around $3M–$4M (e.g., TokWise $3M on 2023-12-08; Evrotrust $4M on 2024-02-06; Nasekomo $3M on 2023-09-04), the disclosed amounts mostly sit far below that peak.
Geographically, the rounds are heavily concentrated in Sofia (EnduroSat 2025-02-17 through Transmetrics 2023-02-23 include multiple Sofia entries), while other municipalities appear as singletons such as Devnya (Varna) for Devnya Cement and Petrich (Blagoevgrad) for Badu. Temporally, the 14 shown entries span 2023-02-23 to the most recent 2025-02-17 (EnduroSat), with a visible early-to-mid 2023 run in the $1M–$3M range. Series labeling is consistent, with all 14 rows marked “Series Unknown,” and 3 entries listing undisclosed amounts (EnduroSat 2025-02-17; Sensika Technologies 2023-10-18; Ubitrack 2023-05-04), which limits size comparisons for those deals.
Most recent rounds
14 shownRelated listings
Frequently asked
What’s the largest disclosed round here, and is it an outlier versus the rest of the disclosed deals?
Devnya Cement’s $190M on 2023-07-18 is the only disclosed round in this set that sits far above the others, with Eldrive’s $16M (2024-06-14) the next-largest disclosed amount. Most remaining disclosed rounds are in the $1M–$4M band (e.g., Evrotrust $4M on 2024-02-06; TokWise $3M on 2023-12-08; Transmetrics $3M on 2023-02-23).
Are there city or geography clusters in these Series Unknown rounds?
Sofia accounts for the majority of entries (e.g., Cloud Office $2M on 2024-11-19; Eldrive $16M on 2024-06-14; Cupffee $1M is in Plovdiv instead, and Devnya Cement is in Devnya on 2023-07-18). Non-Sofia locations in the list appear as single entries such as Petrich (Badu $3M on 2023-08-25) and Kyustendil (Owensboro Riverport Authority $160K on 2023-07-05).
Which deals are closest to the most recent date shown, and what do their disclosed amounts look like?
The most recent round in the rows is EnduroSat on 2025-02-17 (amount undisclosed). The next most recent disclosed deal is Cloud Office at $2M on 2024-11-19, followed by Eldrive’s $16M on 2024-06-14 and Evrotrust’s $4M on 2024-02-06, spanning disclosed sizes from $2M to $16M in 2024.
What does the sector mix look like, and are any sectors over-represented?
Information Technology appears in multiple entries (Cloud Office 2024-11-19 $2M; Evrotrust 2024-02-06 $4M; Sensika Technologies 2023-10-18 undisclosed). Artificial Intelligence (Ubitrack undisclosed on 2023-05-04; Transmetrics $3M on 2023-02-23) also repeats, while other sectors (Energy, Manufacturing, Agriculture and Farming, Apps, Commerce and Shopping, Food and Beverage, Hardware) appear as single entries.
Are undisclosed amounts common enough to change how analysts should interpret “largest” and “smallest” comparisons?
Undisclosed amounts appear in 3 of 14 rows (EnduroSat 2025-02-17; Sensika Technologies 2023-10-18; Ubitrack 2023-05-04). That means the comparisons of extremes rely on disclosed amounts only, where the smallest disclosed round is Owensboro Riverport Authority’s $160K (2023-07-05), separate from those undisclosed deals.
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