Active

Innovation Capital

General contacts
Investor type

VC

Founded

2020

AUM

-

Location

Sofia, Sofia Capital, Bulgaria

Investment Ticket

$0-1 m

Investment Stage

Pre-seed Seed

Region of investment

Europe
Investor profile last updated: 13 October, 2026

Profile

Innovation Capital is a venture capital firm based in Sofia, Bulgaria. Founded in 2020, the firm is managed by a team of experienced partners including Vassil Christov, Dimitar Kostov, Borislav Stefanov, and Angel Angelov. The team is committed to providing equity and quasi-equity funding with a focus on supporting the growth and scaling of Bulgarian startups, particularly in sectors with high potential for innovation and international integration. They prioritize professional innovation management and scaling of businesses through potential international partnerships.

The firm invests in enterprise software, e-commerce, financial services, education, automotive/transport/logistics, healthcare, entertainment/media, food/FMCG, security/cybersecurity, and travel sectors. They cater to various stages from pre-seed to seed with investment sizes ranging from EUR 25,000 to EUR 1,000,000. Innovation Capital focuses solely on Bulgarian startups, helping them with internationalization strategies. They operate a EUR 21.1 million fund, providing opportunities for fledgling companies to access equity-based capital.

Notable portfolio companies include Playcraft - gaming platform, Coursedot - e-learning platform, Releva - marketing automation, Boleron - fintech insurance, and Colibra - travel insurance technology. Innovation Capital plays a vital role in boosting Bulgarian startups towards achieving their potential, providing both capital and strategic guidance.

Industry

Food and Beverage Financial Services Education Automotive Travel Security Healthcare Services

Contacts

Name
Title
Email
Social Networks
avatar
Dimitar Kostov Managing Partner
Managing Partner
d•••@•••
LinkedIn
avatar
Vassil Christov Executive Director
Executive Director
v•••@•••
LinkedIn
Upgrade to see contacts
avatar
YK0AkHbaUQpgMyhF YK0AkHbaUQpgMyhF
YK0AkHbaUQpgMyhF
[email protected]
linkedin twitter
avatar
YK0AkHbaUQpgMyhF YK0AkHbaUQpgMyhF
YK0AkHbaUQpgMyhF
[email protected]
linkedin twitter
avatar
YK0AkHbaUQpgMyhF YK0AkHbaUQpgMyhF
YK0AkHbaUQpgMyhF
[email protected]
linkedin twitter
Investment-team contacts for Innovation Capital — including verified work emails and LinkedIn profiles — are available to Private Equity List subscribers.
Instant access on the web. Plans from $129/month — see pricing.
Contacts sourced from the firm's website and LinkedIn, re-verified on a rolling cycle. Spot a stale contact, or none at all? Report it — we re-run that firm within 48h and get back to you.

FAQs about Innovation Capital

Innovation Capital is a venture capital firm. It backs companies at Pre-seed and Seed, writing tickets of $0-1 m.
Innovation Capital is located in Sofia, Sofia Capital, Bulgaria.
Innovation Capital was founded in 2020.
Innovation Capital invests in companies and startups in Food and Beverage, Financial Services, Education, Automotive, Travel, Security, Healthcare Services.
Innovation Capital invests in companies and startups in Europe.
Innovation Capital invests in companies and startups at Pre-seed, Seed.
Innovation Capital usually invests $0-1 m on average.
Innovation Capital can be reached through its website innovationcapital.bg and its LinkedIn page. Its general enquiries address is [email protected]. Cold-mailing a general inbox rarely reaches a partner, so Private Equity List also lists the investment-team contacts for Innovation Capital — names, roles, verified work emails and LinkedIn profiles — available on a Pro plan from $129/month (see pricing). Contacts are sourced from the firm's website and LinkedIn and re-verified on a rolling cycle. Spot a stale contact, or none at all? Report it — we re-run that firm within 48h and get back to you.
Yes. Every field on this page — profile, funds, investment criteria, portfolio and investment-team contacts — is available programmatically through the Private Equity List REST API and MCP server, so AI assistants such as Claude and ChatGPT can query Innovation Capital directly instead of scraping this page. One subscription covers both the web app and machine access — see API & MCP.
Private Equity List re-verifies investor profiles on a rolling cycle, pulling from the firm's own website and LinkedIn rather than a one-off import. This profile was last updated on 13 October, 2026. Something out of date here? Report it — we re-run that firm within 48h and get back to you.