Webit Investment Network

Founded in 2022 and headquartered in Sofia, Bulgaria, Webit Investment Network is a venture capital firm focusing on investments in technology companies. It primarily invests in finalists of the Founders Games competition.

Plamen Russev

Founder, Executive Chairman and Board Member

4 past transactions

BeeHero

Venture Round in 2024
BeeHero develops a beehive technology platform that aims to increase crop yields by enhancing pollination. The platform combines artificial intelligence, machine learning, and in-hive sensors to collect data and optimize pollination during peak cycles, helping farmers protect hives from colony collapse and maximize pollination efficiency for growers worldwide. Founded in 2017, the company operates from Tel Aviv and Silicon Valley and focuses on providing data-driven insights and automation to support pollination across agricultural environments.

inHEART

Series A in 2024
inHEART specializes in AI-driven software for medical image analysis and cardiac modeling. It creates digital twins of patients' hearts to enhance diagnosis, therapy planning, and navigation for heart rhythm disorders.

VUZ

Series B in 2022
VUZ is a prominent immersive social application that specializes in delivering XR and Metaverse digital experiences, enhancing the realism of virtual interactions. Launched in 2017, the company operates from offices in Los Angeles, Dubai, and Riyadh. VUZ offers the world's largest premium library of exclusive immersive content, featuring over 20,000 hours of material that spans entertainment, creators, and sports, along with XR, VR, and AR experiences accessible from virtually anywhere. The platform's primary goal is to foster connections among users by providing authentic immersive experiences, effectively eliminating barriers related to travel, time, and access for billions globally. By streaming live events such as sports, talk shows, and music, VUZ enables users to engage with these experiences in a uniquely immersive manner, leveraging advanced technologies for an enriched social interaction.
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