Bulgaria's startup ecosystem is supported by several active funds, primarily located in Sofia. Innovation Capital is a major player, having backed 200 companies across different sectors.
Vitosha Venture Partners has also funded nearly 40 startups since its start in 2020. These firms provide a range of options for founders looking for support.
Below is our list of the best 4 accelerators and incubators in Bulgaria.
Failory's Top 4 Picks
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2,189 Accelerators & Incubators
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1,600+ Unicorns
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250 BioTech & Health Investors
List of startup investors in the BioTech, Health, and Medicine industries, along with their Twitter, LinkedIn, and email addresses.
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250 AI Investors
List of 250 startup investors in the AI and Machine Learning industries, along with their Twitter, LinkedIn, and email addresses.
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250 Fintech Investors
List of 250 startup investors in the FinTech and Finance industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50Innovation Capital fuels pre-seed and seed startups across Eastern Europe through its €21.1 million venture fund and acceleration program. Their sector-agnostic approach has allowed them to build a diverse portfolio of over 200 companies, providing them with crucial early-stage capital and hands-on support.
| Year Founded | 2019 |
| Founders | Vassil Christov, Borislav Stefanov, Angel Hristov, Dimitar Kostov |
| Nº of Investments | 200 |
| Nº of Exits | — |
Vitosha Venture Partners operates a €20 million fund dedicated to fueling the growth of Bulgarian startups from acceleration to post-seed stages. Their focus is on providing essential capital and strategic guidance to help early-stage teams build and scale their businesses.
| Year Founded | 2020 |
| Founders | Nikola Stojanow, Paul Weinberger, Erik Anderson, Marin Iliev, Maxim Gurvits, Maris Prii |
| Nº of Investments | 37 |
| Nº of Exits | — |
AE Ventures operates as a venture studio, building and investing in blockchain projects from their earliest stages. They provide deep, hands-on support in development, marketing, and fundraising to launch startups, including notable portfolio companies like AdEx Network.
| Year Founded | 2017 |
| Founders | Nikola Stojanow |
| Nº of Investments | 7 |
| Nº of Exits | — |
| Program Type | Online |
| Duration (Weeks) | 5 |
Focused on expanding the æternity ecosystem, Starfleet helps launch and scale startups building decentralized applications on the platform. They provide ventures with seed funding, intensive mentorship from industry experts, and access to a global network of partners.
| Year Founded | — |
| Founders | — |
| Nº of Investments | 1 |
| Nº of Exits | — |
| Program Type | On-Site |
| Duration (Weeks) | 1 |