Innovation Capital Fund is a EUR 21.1 million venture capital fund with the mandate to provide access to equity and quasi-equity funding to Bulgarian startup companies.
We have recently closed our second Fund II with a size of EUR 36.1M.
Our vision is to focus on key high-priority sectors in the local economy with high potential for disruptive and scalable innovation and to support their transformation through professional management. Growing these businesses to scale and establish vertical or horizontal integration with international companies and innovation leaders abroad is our end goal.