Vitosha VC's €1.5M Investment Boosts Startups; Eyes Expansion in SEE | FunderLyst
Summary
Vitosha VC invests almost 1.5M in 5 promising startups with plans to expand in the SEE region with Fund II. After completing their investment period of Vitosha Fund I with 107 startup portfolio companies, Vitosha Venture Partners plans to support the promising ones in follow-on fundraising, strategy, and expansion.The fund aims to achieve exits in the 2027-2030 period and establish Vitosha Fund II, targeting slightly later-stage companies with tickets from 200K to 1.5M. The lucky five startups selected for investment include Kikimora.io, Team Schedule, ECEON, Krik.bg, and HROS.io, each offering innovative solutions in their respective fields.Investments ranged from 140K to 600K, with each company showcasing unique business models and potential for growth. Vitosha Venture Partners is confident in the capabilities of the selected startups to make a significant impact in their industries. Overall, this investment marks Vitosha Venture Partners commitment to supporting early-stage companies in the region and fostering innovation and growth in the SEE ecosystem.
Funding
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