LAUNCHub Fund

LAUNCHub Fund, established in 2012 and based in Sofia, Bulgaria, is a venture capital firm that focuses on seed and early-stage investments in digital startups throughout Southeastern Europe. With a total management capacity of €30 million, the fund primarily invests in sectors such as SaaS, enterprise software, health-tech, e-commerce, mobile, and IoT, although it is open to opportunities in other verticals as well. The typical investment size ranges from €300,000 to €700,000, with potential expansions up to €1.5 million per company. LAUNCHub Fund aims to support innovative ventures that are positioned to drive growth in the regional technology landscape.

Todor Breshkov

Founding Partner

Irina Dimitrova

Partner

Stephane Gantchev

Partner

Rumen Iliev

Partner

Stanislav Sirakov

General Partner

Mirela Yordanova

Associate

Raya Yunakova

Investor

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 to connect pharmacies and pharmaceutical companies for knowledge sharing purpose. The company offers Doctrina.si, an online platform that enables quick transfer of knowledge between pharmaceutical companies and pharmacies. Its platform allows pharmaceutical companies to upload educational material and optimize the educational process; and employees in pharmacies to access this knowledge. The company was founded in 2013 and is based in Ljubljana, Slovenia.

Doctrina

Series A in 2017
Doctrina d.o.o. operates an online platform to connect pharmacies and pharmaceutical companies for knowledge sharing purpose. The company offers Doctrina.si, an online platform that enables quick transfer of knowledge between pharmaceutical companies and pharmacies. Its platform allows pharmaceutical companies to upload educational material and optimize the educational process; and employees in pharmacies to access this knowledge. The company was founded in 2013 and is based in Ljubljana, Slovenia.

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 to connect pharmacies and pharmaceutical companies for knowledge sharing purpose. The company offers Doctrina.si, an online platform that enables quick transfer of knowledge between pharmaceutical companies and pharmacies. Its platform allows pharmaceutical companies to upload educational material and optimize the educational process; and employees in pharmacies to access this knowledge. The company was founded in 2013 and is based in Ljubljana, Slovenia.

Tesseract Interactive

Seed Round in 2015
Tesseract Interactive strives to bring back the joy you experienced the first time you played Pac-Man or Super Mario. This set the stage for Excubitor, our first video game. It is the spiritual successor of Aerofighters and Jungle Strike, a fusion of multiple well-established game mechanics and genres, which in addition to our own ideas makes it more than the sum of its parts. Excubitor delivers this through modern technologies and game mechanics. It mixes well established game genres in a new and exciting way delivering a twist and a sense of freshness to 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 offers mobile and Web application that offers users to buy cinema tickets through a social movie-search experience. Cinexio was formerly known as Cinematic. The company is based in Zagreb, Croatia with an additional office in Berlin, Germany.

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 offers mobile and Web application that offers users to buy cinema tickets through a social movie-search experience. Cinexio was formerly known as Cinematic. The company is based in Zagreb, Croatia with an additional office in Berlin, Germany.

Tesseract Interactive

Seed Round in 2013
Tesseract Interactive strives to bring back the joy you experienced the first time you played Pac-Man or Super Mario. This set the stage for Excubitor, our first video game. It is the spiritual successor of Aerofighters and Jungle Strike, a fusion of multiple well-established game mechanics and genres, which in addition to our own ideas makes it more than the sum of its parts. Excubitor delivers this through modern technologies and game mechanics. It mixes well established game genres in a new and exciting way delivering a twist and a sense of freshness to modern gaming.

Cinexio

Seed Round in 2012
Cinexio offers mobile and Web application that offers users to buy cinema tickets through a social movie-search experience. Cinexio was formerly known as Cinematic. The company is based in Zagreb, Croatia with an additional office in Berlin, Germany.

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.