Sofia's startup environment is growing, supported by a core group of local accelerators. These programs provide early funding and guidance to new companies in the region.

Innovation Capital is a major player, with around 200 investments in new businesses. The city also has programs focused on specific areas like blockchain technology.

Below is our list of the best 4 accelerators and incubators in Sofia.

Failory's Top 4 Picks

Backing pre-seed and seed stage startups across Eastern Europe, Innovation Capital operates a €21.1 million venture fund alongside its acceleration program. This sector-agnostic model has fueled a portfolio of over 200 companies, providing the essential capital and guidance for early growth.

Year Founded2019
FoundersVassil Christov, Borislav Stefanov, Angel Hristov, Dimitar Kostov
Nº of Investments200
Nº of Exits

Vitosha Venture Partners champions Bulgarian startups with a €26M fund that provides capital from acceleration to post-seed rounds. Beyond funding, they offer crucial mentorship and network access to help early-stage companies build and scale.

Year Founded2020
FoundersNikola Stojanow, Paul Weinberger, Erik Anderson, Marin Iliev, Maxim Gurvits, Maris Prii
Nº of Investments37
Nº of Exits

As a venture builder for the blockchain industry, AE Ventures helps launch and grow early-stage startups. They provide strategic support and industry connections to drive the adoption of decentralized technologies.

Year Founded2017
FoundersNikola Stojanow
Nº of Investments7
Nº of Exits
Program TypeOnline
Duration (Weeks)5
Starfleet Logo

Starfleet accelerates the growth of early-stage startups building decentralized applications on the aeternity blockchain. They provide seed funding and expert mentorship to help these projects launch and expand the aeternity ecosystem.

Year Founded
Founders
Nº of Investments1
Nº of Exits
Program TypeOn-Site
Duration (Weeks)1