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 developer of an immersive video platform and social app for XR and Metaverse experiences. It streams 360-degree video, live events, and interactive entertainment across VR, AR, and other devices, enabling users to access immersive content from anywhere. It offers a large library of content (over 20,000 hours) spanning entertainment, creators, and sports, and features such as gyroscope-based navigation and social sharing to enhance realism and interactivity. It aims to connect people by removing travel, time, and access constraints. Founded in 2017, the company operates with offices in Los Angeles, Dubai, and Riyadh.
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