MFG Invest

MFG Invest is an angel investment group based in Sofia, Bulgaria, founded by a consortium of angel investors focused on financing venture capital. The firm aims to support early-stage startups across various sectors, providing the necessary capital and resources to foster growth and innovation. By targeting emerging businesses, MFG Invest seeks to play a pivotal role in the entrepreneurial ecosystem, helping to drive economic development in the region.

Past deals in Balkans

Boleron

Seed Round in 2021
Boleron AD is a software company that digitizes and automates various processes in insurance.

ONDO (Agriculture)

Seed Round in 2021
Developer of an irrigation management system designed to facilitate monitoring and control of plant growth. The company's system offers a digitally-controlled precision agriculture system for vent and circulation fan management as well as precise plant nutrition and climate control for various crops, enabling farmers to improve crop productivity efficiently.

Payhawk

Seed Round in 2020
Payhawk Limited offers a comprehensive spending software designed to streamline expense management, payments, and corporate card usage for businesses. Founded in 2018 and headquartered in London, with an additional office in Sofia, Bulgaria, the company focuses on simplifying the entire spending lifecycle for financial officers and business owners. Its platform automates the collection and analysis of receipts, invoices, and card transactions, allowing businesses to maintain budget control without the need for paperwork. Payhawk's innovative solution includes a paperless corporate card that integrates seamlessly with existing banking services, offering real-time expense tracking, automated data extraction, and reporting features to enhance financial oversight.

Payhawk

Pre Seed Round in 2019
Payhawk Limited offers a comprehensive spending software designed to streamline expense management, payments, and corporate card usage for businesses. Founded in 2018 and headquartered in London, with an additional office in Sofia, Bulgaria, the company focuses on simplifying the entire spending lifecycle for financial officers and business owners. Its platform automates the collection and analysis of receipts, invoices, and card transactions, allowing businesses to maintain budget control without the need for paperwork. Payhawk's innovative solution includes a paperless corporate card that integrates seamlessly with existing banking services, offering real-time expense tracking, automated data extraction, and reporting features to enhance financial oversight.
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