Sofia Angels Ventures

Profile

Sofia Angels Ventures is a venture capital fund based in Bulgaria with a focus on technology startups. It is backed by the European Investment Fund, along with support from angels, family offices, and other private investors. The fund consists of a team of experienced angel investors, entrepreneurs, and executives who transitioned into the venture capital space, indicating a wealth of hands-on experience in the industry.

The firm primarily invests in technology startups at pre-seed and seed stages with a geographical focus on Bulgaria, as well as Southeast Europe (SEE), Central and Eastern Europe (CEE), and has ambitions for a wider European and global reach. The current fund size is €13 million, reflecting their capacity to support early-stage ventures. They focus on entering at initial stages and growing with their investments over time.

Notable portfolio companies include Almacena - specializing in agri supply chain tech and finance solutions; inHeart Medical - offering software for 3D modeling in cardiac procedures; Frisbo - a European eCommerce network leader; Addit.tech - introducing the Device-as-a-Service model; and Ethermind - creating AI personas for enhanced training engagement.