Bulgaria - AIN EN

19.03.24

UK-Bulgarian cargo drone airline Dronamics receives €10M from EIC

Dronamics, a Bulgarian-founded cargo drone airline, has announced a €10 million equity investment provided by European Innovation Council (EIC). The financing follows the earlier grant in the amount of €2.5 million under the Accelerator program in November 2022. The continued

01.03.24

EIC Accelerator invests €285M in deeptech startups — several are from CEE

European Innovation Council has selected 42 companies to receive funding following the final 2023 EIC Accelerator cut-off in November. Among selected startups are Bulgarian Smart Farm Robotix, Finnish IQM Finland, Slovakian Powerful medical, and more. About the fresh EIC Accelerator program 242

29.02.24

Startup of the Day: Evrotrust, a Bulgarian digital ID provider

Evrotrust was founded by George Dimitrov and Konstantin Bezuhanov, starting its operations in 2018 with a focus on providing solutions that help businesses and government institutions digitize their services. The identity-as-a-service platform enables organizations to remotely identify, onboard, and provide services

22.02.24

New Vision 3 announces €3M investment in 7 Bulgarian startups

Bulgarian VC fund New Vision 3 (NV3) has announced the details of its autumn investment round. The period was marked by investments in 7 Bulgarian startups with a little over €3 million of total pre-seed capital. The strategic investments included

21.02.24

Estonian AI startup Cognitiwe closes a €1M funding round

Tallinn-based AI-driven retail solutions provider Cognitiwe has closed its funding round at €1 million. The investment comes from notable venture capital firms, including TechOne VC, Eleven Ventures, Flat6Labs, Domino VC, and Caucasus VC, as well as angel investors, EU-Startups reports.

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