LAUNCHub Ventures

LAUNCHub Fund, managed by LAUNCHub Ventures, is a venture capital firm established in 2012 and based in Sofia, Bulgaria. The fund focuses on seed and Series A investments in digital startups throughout Southeastern Europe. It primarily targets sectors such as information technology, SaaS, health-tech, e-commerce, and IoT, though its investment scope is not limited to these areas. With a total management of €30 million, LAUNCHub Fund typically invests between €300,000 and €700,000 per company, with the possibility of expanding investments up to €1.5 million. The firm aims to support early-stage companies that demonstrate strong growth potential in both enterprise and consumer markets.

Todor Breshkov

Founder and Managing Partner

Irina Dimitrova

CFO

Stephane Gantchev

Partner

Rumen Iliev

Partner

Stanislav Sirakov

General Partner

Mario Stoev

Investor

Petar Tsachev

Investor

Raya Yunakova

Investor

Rumen lliev

Partner

Past deals in Former Yugoslavia

Mediately

Series A in 2022
mediately is a drug information mobile app and web application, which makes drug information easily available to doctors. We design, develop and implement future-proof solutions on the web and mobile platforms. We develop native applications on the iOS (iPhone and iPad) and Android mobile platforms with optional server backends, web applications using open technologies like Ruby and PostgreSQL, and offer long-term support for all of our projects. Our design and development philosophy is centered around your needs. We provide consulting services designed to help you plan an optimal web and mobile strategy for your company or institution. Give us a call, and we will start learning about your company, your project and how we can best help you.

Doctrina

Venture Round in 2017
Doctrina d.o.o. operates an online platform designed to facilitate knowledge sharing between pharmacies and pharmaceutical companies. Established in 2013 and based in Ljubljana, Slovenia, the company offers Doctrina.si, which allows pharmaceutical companies to upload educational materials, thereby optimizing the learning process for pharmacy employees. The platform serves as an independent educational resource for healthcare professionals, featuring video content on pharmaceutical products and continuing medical education topics. Additionally, it provides a streamlined way for pharmaceutical companies to connect with healthcare professionals efficiently.

Doctrina

Series A in 2017
Doctrina d.o.o. operates an online platform designed to facilitate knowledge sharing between pharmacies and pharmaceutical companies. Established in 2013 and based in Ljubljana, Slovenia, the company offers Doctrina.si, which allows pharmaceutical companies to upload educational materials, thereby optimizing the learning process for pharmacy employees. The platform serves as an independent educational resource for healthcare professionals, featuring video content on pharmaceutical products and continuing medical education topics. Additionally, it provides a streamlined way for pharmaceutical companies to connect with healthcare professionals efficiently.

Mediately

Seed Round in 2017
mediately is a drug information mobile app and web application, which makes drug information easily available to doctors. We design, develop and implement future-proof solutions on the web and mobile platforms. We develop native applications on the iOS (iPhone and iPad) and Android mobile platforms with optional server backends, web applications using open technologies like Ruby and PostgreSQL, and offer long-term support for all of our projects. Our design and development philosophy is centered around your needs. We provide consulting services designed to help you plan an optimal web and mobile strategy for your company or institution. Give us a call, and we will start learning about your company, your project and how we can best help you.

GoAvio

Seed Round in 2016
GoAvio is a Multimodal travel angency. It combines low-cost fligths with trains and buses to achieve a cheaper combination.

Fliiby

Seed Round in 2015
Fliiby Limited is a digital content publishing and monetization platform tailored for creative artists and developers. Founded in 2007 and based in Novi Sad, Serbia, Fliiby allows users to upload a variety of digital content, including photography, videos, music, documents, and files. The platform enables artists to build online libraries, share their work with a global audience, and generate income when their content is viewed. By providing a centralized space for managing and accessing digital assets, Fliiby supports users in organizing their creative outputs while facilitating monetization opportunities.

NootBot

Seed Round in 2015
Messenger chatbot for nootropics (congitive enhancers). Talk and suggest right cognitive enhancers.

Upress

Seed Round in 2015
Developed self-charging wireless keyboard by using different energy harvesting technologies.

Fliiby

Seed Round in 2015
Fliiby Limited is a digital content publishing and monetization platform tailored for creative artists and developers. Founded in 2007 and based in Novi Sad, Serbia, Fliiby allows users to upload a variety of digital content, including photography, videos, music, documents, and files. The platform enables artists to build online libraries, share their work with a global audience, and generate income when their content is viewed. By providing a centralized space for managing and accessing digital assets, Fliiby supports users in organizing their creative outputs while facilitating monetization opportunities.

Doctrina

Seed Round in 2015
Doctrina d.o.o. operates an online platform designed to facilitate knowledge sharing between pharmacies and pharmaceutical companies. Established in 2013 and based in Ljubljana, Slovenia, the company offers Doctrina.si, which allows pharmaceutical companies to upload educational materials, thereby optimizing the learning process for pharmacy employees. The platform serves as an independent educational resource for healthcare professionals, featuring video content on pharmaceutical products and continuing medical education topics. Additionally, it provides a streamlined way for pharmaceutical companies to connect with healthcare professionals efficiently.

Tesseract Interactive

Seed Round in 2015
Tesseract Interactive, Inc. is an indie game development company based in Skopje, Macedonia, focusing on creating engaging video games. The company builds its own game engine and development tools utilizing the .NET and Microsoft XNA frameworks. Tesseract Interactive aims to evoke the nostalgic joy associated with classic games like Pac-Man and Super Mario. Their debut title, Excubitor, serves as a spiritual successor to games such as Aerofighters and Jungle Strike, combining familiar game mechanics and genres with innovative ideas to create a unique gaming experience. By blending established genres in novel ways, Excubitor offers a fresh twist on modern gaming.

Mediately

Seed Round in 2015
mediately is a drug information mobile app and web application, which makes drug information easily available to doctors. We design, develop and implement future-proof solutions on the web and mobile platforms. We develop native applications on the iOS (iPhone and iPad) and Android mobile platforms with optional server backends, web applications using open technologies like Ruby and PostgreSQL, and offer long-term support for all of our projects. Our design and development philosophy is centered around your needs. We provide consulting services designed to help you plan an optimal web and mobile strategy for your company or institution. Give us a call, and we will start learning about your company, your project and how we can best help you.

Fliiby

Seed Round in 2015
Fliiby Limited is a digital content publishing and monetization platform tailored for creative artists and developers. Founded in 2007 and based in Novi Sad, Serbia, Fliiby allows users to upload a variety of digital content, including photography, videos, music, documents, and files. The platform enables artists to build online libraries, share their work with a global audience, and generate income when their content is viewed. By providing a centralized space for managing and accessing digital assets, Fliiby supports users in organizing their creative outputs while facilitating monetization opportunities.

Kinestica

Seed Round in 2015
Kinestica d.o.o. is a Slovenian company specializing in the design and manufacture of innovative medical devices aimed at enhancing rehabilitation systems. Founded in 2012, Kinestica's product portfolio includes BiMeo Home and BiTibio Home, which facilitate supervised training for patients at home, as well as BiMeo PRO and BiTibio Pro, which support clinical therapy environments. The company also offers Spasticity M, an assessment tool for spasticity, and iMeo, a wireless motion capture system for 3D motion analysis. Additionally, Kinestica develops orthodontic brace monitors and an fMRI compatible haptic robot for neuroscience research. With a background rooted in the Laboratory of Robotics at the University of Ljubljana, the company has focused on neurorehabilitation solutions and has secured several patents for its technologies, aiming to improve the quality of life for patients with neuromotor disorders.

Enolyse

Seed Round in 2014
Enolyse is developing mobile platform, EnoApp, for wine cellar management, which enables family winemakers to track their tasks in the cellar, like manual measurements, filtering, bottling or monitoring wine fermentation with EnoMeter - smart sensor for measuring sugar and temperature.

Greenpie

Seed Round in 2014
Greenpie OOD is a Croatian company that offers Greenpie, a web application designed for nutrition health care providers and their clients. This platform enables nutritionists and dietitians to transition their practices online, facilitating real-time communication and collaboration with clients. Greenpie combines professional nutritional software with a fitness application, allowing providers to automate their workflows and focus on delivering personalized care. Key features include a comprehensive food database and secure hosting, which support nutritionists in monitoring their clients' health effectively. By streamlining processes, Greenpie enhances the quality of treatment while reducing costs, positioning itself as a unique solution in the market. The service operates on a Software as a Service (SaaS) model, offering both monthly and annual subscription options.

Enolyse

Seed Round in 2014
Enolyse is developing mobile platform, EnoApp, for wine cellar management, which enables family winemakers to track their tasks in the cellar, like manual measurements, filtering, bottling or monitoring wine fermentation with EnoMeter - smart sensor for measuring sugar and temperature.

Cinexio

Seed Round in 2014
Cinexio is a mobile and web application that facilitates the purchase of cinema tickets through a social movie-search experience. Based in Zagreb, Croatia, with an additional office in Berlin, Germany, Cinexio allows users to discover films, coordinate outings with friends, and book tickets seamlessly. The platform aims to make the process of planning a movie outing easy, enjoyable, and free for its users. Formerly known as Cinematic, Cinexio focuses on enhancing the social aspect of movie-going by enabling users to share their movie preferences and organize group outings.

Mediately

Seed Round in 2014
mediately is a drug information mobile app and web application, which makes drug information easily available to doctors. We design, develop and implement future-proof solutions on the web and mobile platforms. We develop native applications on the iOS (iPhone and iPad) and Android mobile platforms with optional server backends, web applications using open technologies like Ruby and PostgreSQL, and offer long-term support for all of our projects. Our design and development philosophy is centered around your needs. We provide consulting services designed to help you plan an optimal web and mobile strategy for your company or institution. Give us a call, and we will start learning about your company, your project and how we can best help you.

Greenpie

Seed Round in 2014
Greenpie OOD is a Croatian company that offers Greenpie, a web application designed for nutrition health care providers and their clients. This platform enables nutritionists and dietitians to transition their practices online, facilitating real-time communication and collaboration with clients. Greenpie combines professional nutritional software with a fitness application, allowing providers to automate their workflows and focus on delivering personalized care. Key features include a comprehensive food database and secure hosting, which support nutritionists in monitoring their clients' health effectively. By streamlining processes, Greenpie enhances the quality of treatment while reducing costs, positioning itself as a unique solution in the market. The service operates on a Software as a Service (SaaS) model, offering both monthly and annual subscription options.

Cinexio

Seed Round in 2013
Cinexio is a mobile and web application that facilitates the purchase of cinema tickets through a social movie-search experience. Based in Zagreb, Croatia, with an additional office in Berlin, Germany, Cinexio allows users to discover films, coordinate outings with friends, and book tickets seamlessly. The platform aims to make the process of planning a movie outing easy, enjoyable, and free for its users. Formerly known as Cinematic, Cinexio focuses on enhancing the social aspect of movie-going by enabling users to share their movie preferences and organize group outings.

Tesseract Interactive

Seed Round in 2013
Tesseract Interactive, Inc. is an indie game development company based in Skopje, Macedonia, focusing on creating engaging video games. The company builds its own game engine and development tools utilizing the .NET and Microsoft XNA frameworks. Tesseract Interactive aims to evoke the nostalgic joy associated with classic games like Pac-Man and Super Mario. Their debut title, Excubitor, serves as a spiritual successor to games such as Aerofighters and Jungle Strike, combining familiar game mechanics and genres with innovative ideas to create a unique gaming experience. By blending established genres in novel ways, Excubitor offers a fresh twist on modern gaming.

Cinexio

Seed Round in 2012
Cinexio is a mobile and web application that facilitates the purchase of cinema tickets through a social movie-search experience. Based in Zagreb, Croatia, with an additional office in Berlin, Germany, Cinexio allows users to discover films, coordinate outings with friends, and book tickets seamlessly. The platform aims to make the process of planning a movie outing easy, enjoyable, and free for its users. Formerly known as Cinematic, Cinexio focuses on enhancing the social aspect of movie-going by enabling users to share their movie preferences and organize group outings.

Habbits

Seed Round in 2012
Habbits combine task management and Tamagotchi features along with talking abilities. Application is made suitable for kids. Each segment of the app is carefully designed to meet their needs. Select your favorite Habbit, take care of it and it will grow trough time.
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