Vitosha Venture Partners invests between EUR 25,000 and EUR 1,000,000 in early-stage and growth-stage companies that are based in or related to Bulgaria. We are looking for resourceful founders, ideas that matter, and strong execution. We focus on leveraging our investment experience, global network, and market access, helping turn entrepreneurs into champions.
We look at deals on an ongoing basis, and take decisions quickly. If you’re fundraising, please let us know by filling out our application at APPLY FOR FUNDING below.
Max has been around Sofia's entrepreneurship scene since the early days, and has helped shape the local community through his work at Eleven and a number of angel syndicates. Connecting Bulgaria with Silicon Valley, London, and the rest of Eastern Europe is his credo.
Marin is an insider of Bulgaria's venture industry from day one, responsible for investments and operations in the first fund in this region. For our founders, Marin brings an intricate understanding of venture techniques and growth channels.
A serial entrepreneur by nature, Stoyan is experienced in M&A and venture investing, technology assessment and innovation. He has been a vibrant part of Sofia's ecosystem with Nexpur, Fanstream and Teres Capital, among other endeavours.
A veteran of venture investing and hands-on portfolio management in Austria, Switzerland, and Germany, Paul’s extensive transaction and exit experience in the largest European markets connects our founders to the top players in the business.
Nikola is one of the founders of Aeternity, and the head of Aeternity Ventures' acclaimed StarFleet program, Bulgaria's most successful and globally recognized accelerator program. Nikola's deep expertise in fintech is a key team asset.
Kamen is a swiss-army-knife for all things related to strategic planning, financial management, and operational diligence. With background in finance, tech, and management, having mentored multiple startups in the region, Kamen is superpower for our team and our investments.
Maris has been involved with the Estonian startup ecosystem from the early days through her work with Startup Wise Guys. An experienced accelerator manager, community builder, and VC operations insider, she brings the Nordic connection to our team.
Shuttling between California and Europe, Erik has been the US access point for a number of successful European accelerator programs and VC funds. At Vitosha Venture Partners, Erik unlocks US connections and is the lead expert on marketing and growth.
With his expertise and passion for finance, business and technology, Antoniy is contributing to Vitosha's investment analysis as well as to the portfolio management processes of the fund.
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OUR BLOG: VITOSHA STORIES
Our thoughts on the ecosystem in Bulgaria and the region, why we invest, how we work, and the background on who we are and what we do with the companies that we invest in.
The earlier a venture capital investment, the less it’s about numbers and business, and the more it’s about the people in the startup and their idea. When in 2021 we joined the excellent high school entrepreneurship program Teenovator as mentors, we met an entrepreneur whose grit, dedication and...
If there’s one thing that is the most defining to whether you can work comfortably in an office, it’s the abundance, or lack of, fresh air. Lighting and furniture can be easily adjusted, often at the push of a button, or a pull of a lever. But with fresh air, it’s more complicated. Windows often...
If we look at how the venture investing world has changed over the past 10 years, one aspect that really stands out is the ever-increasing focus on sustainability. The European Union is steadily moving towards a future where any business and financial activity has to be tracked, measured, and...
Vitosha Venture Partners is co-financed by the European Structural and Investment Funds under the Operational Programme for Innovation and Competitiveness 2014-2020, managed by the Fund of Funds in Bulgaria. For our fund's ESG policy, please see here: http://vitosha.vc/esg.