Eleven Ventures is a venture capital firm based in Sofia, Bulgaria, specializing in early-stage investments in technology-driven startups. Founded in 2012, the firm focuses on sectors such as Fintech, HealthTech, e-commerce, the Future of Food, the Future of Work, software tools and platforms, consumer products, Sportstech, gaming, Adtech, mobility, and home automation. Eleven Ventures typically invests between €0.025 million and €0.5 million, taking minority stakes in its portfolio companies, generally ranging from 6% to 30% equity. The firm runs a three-month accelerator program quarterly, mentoring 10-15 teams per cycle, providing not only capital but also office space and back-office support. Additionally, accepted teams benefit from free deals with technology service providers, enhancing their operational capabilities. Eleven Ventures aims to foster a vibrant startup ecosystem in Southeast Europe, particularly in Bulgaria, while also being open to investing in startups from other countries, provided they participate in the program.

LAUNCHub Ventures is a Sofia, Bulgaria-based venture capital firm founded in 2012 that focuses on seed-stage technology startups in Southeastern and Central Eastern Europe. The firm typically makes initial investments of €300k to €2M and can participate in rounds up to €4M, supporting portfolio companies beyond capital. It backs scalable early-stage ventures across AI/ML, SaaS, the future of work, proptech, crypto and blockchain, devtools, marketplaces, healthtech, fintech, hardware and robotics, with a preference for founders from SEE and CEE regions who have traction. In addition to funding, LAUNCHub provides hands-on support and programs such as its Series A academy to help companies reach milestones and secure follow-on rounds. The firm aims to grow the CEE startup ecosystem and collaborates with entrepreneurs based in the region and in major global hubs.

Founded in 2019, New Vision 3 is a venture capital firm based in Sofia, Bulgaria. It focuses on investing in seed-stage and early-stage companies across various sectors including fintech, blockchain, artificial intelligence, healthcare, agtech, and others.

Founded in 2020, Vitosha Venture Partners is a venture capital firm based in Sofia, Bulgaria. It focuses on investing in early-stage and growth-stage companies with ties to Bulgaria.

BlackPeak Capital is a private equity and venture capital firm investing in small and medium-sized enterprises across Southeast Europe. It focuses on early-stage, growth-oriented companies with unique technologies or export potential, typically investing between €4 million to €10 million per transaction.

Silverline Capital is a private equity firm established in 2019 and headquartered in Sofia, Bulgaria. The firm specializes in providing mezzanine and equity financing solutions to mid-market businesses across various sectors, including healthcare, transportation, logistics, manufacturing, consumer goods, retail, services, and industrials. In addition to mezzanine and equity financing, Silverline Capital also offers debt and convertible loans, targeting businesses that require flexible capital to support their growth and development.

Accession Capital Partners, previously known as Mezzanine Management Finanz- und Unternehmensberatungs GmbH, is a private equity firm established in 2000 and headquartered in Vienna, Austria. The firm specializes in mezzanine financing, focusing on management buyouts, recapitalizations, and growth capital investments in mature, middle-market companies. Accession Capital Partners targets sectors such as financial services, healthcare, consumer goods, business services, manufacturing, and information technology, with a particular emphasis on new European Union member states in Central and Eastern Europe, including Poland, Slovakia, Romania, and Bulgaria. The firm typically invests between €5 million and €50 million in companies with sales values ranging from €10 million to €400 million, enterprise values between €20 million and €400 million, and EBITDA from €2 million to €50 million. Accession Capital Partners does not engage in investments related to real estate, alcohol, tobacco, firearms, project finance, startups, or high-tech companies. With a strong local presence and established relationships in the region, the firm has positioned itself as a preferred partner for financial sponsors and business owners.

Founded in 2020, Sofia Angels Ventures is a venture capital firm based in Sofia, Bulgaria. It focuses on co-investing in technology startups at the seed and angel stages across Bulgaria, Southeastern Europe, and Central & Eastern European countries.

NOVA Broadcasting Group AD is a television and news broadcasting company based in Sofia, Bulgaria. Established in 1994, it provides a range of broadcasting services that include news, entertainment shows, and movies through its various television channels. As of April 2019, NOVA Broadcasting Group operates as a subsidiary of Advance Media Group EAD. The company plays a significant role in the Bulgarian media landscape, delivering content to inform and entertain its audience.

Abris Capital Partners, established in 2007, is a private equity firm headquartered in Warsaw, Poland, with additional offices in Leeds, UK, Nicosia, Cyprus, and Bucharest, Romania. The firm specializes in acquiring majority stakes in middle-market companies across Central and Eastern Europe, with a particular focus on Poland, Bulgaria, Romania, and Ukraine. Abris invests in a broad range of sectors, including industrial, commercial, and service businesses, as well as infrastructure and energy. It typically targets companies undergoing operational or strategic changes, succession situations, or seeking to delist from stock exchanges. The firm's investment size ranges from €15 million to €75 million, with a typical investment period of three to five years, and exits primarily through trade sales or initial public offerings. Abris does not invest in gambling, high-content alcohol beverages, drugs, prostitution, speculative real estate, start-ups (except as part of an investee company's development plans), or companies in operational distress.

European Bank for Reconstruction and Development finances projects and provides advisory services to the public and private sectors. It supports new ventures and expansion in existing companies through project financing, loans, and equity or quasi-equity investments, including equity funds and guarantees, and it partners with private entities to invest across sectors such as banking, energy, manufacturing, infrastructure, information technology, and services. The bank also helps publicly owned entities privatize and restructure municipal services and engages in policy reform dialogue and advisory services, along with trade finance and loan syndication. Founded in 1990 and headquartered in London, it operates across regions including Southeastern and Central Europe, the Baltic States, Eastern Europe and the Caucasus, Central Asia, and parts of the Middle East and Africa, aiming to foster market-oriented change and private sector development by mobilizing capital for sustainable investments. It has invested more than €130 billion in over 5,200 projects.

Industrial Holding Bulgaria AD is a public company focused on managing a diverse investment portfolio that includes both Bulgarian and foreign enterprises. Its primary activities involve the acquisition, management, assessment, and sale of shares in various companies. In addition, the company engages in the acquisition and evaluation of patents, as well as the licensing of these patents to entities within its portfolio. Industrial Holding Bulgaria also provides financing to the companies in which it holds stakes, facilitating their growth and development. The firm operates in accordance with legal regulations and explores opportunities across multiple industries.

Founded in 1984, Advent International is a global private equity firm headquartered in Boston, Massachusetts. The company focuses on buyouts and growth equity investments across five core sectors: healthcare, technology, business and financial services, consumer and retail, and industrial.

Founded in 1994, the European Investment Fund operates as a venture capital and private equity firm specializing in incubation, direct, secondary indirect, and fund of funds investments. It focuses on disruptive early-stage technology enterprises and supports micro, small, and medium-sized enterprises across Europe, primarily at early stages. The fund invests between €0.25 million and €60 million per transaction, with a preference for investing €130 million into private equity and venture capital funds.

Axxess Capital is a private equity firm established in 1995 and headquartered in Bucharest, Romania. The firm specializes in investing in lower mid-market companies, primarily targeting sectors such as paints and coatings, banking, financial services, and retail, particularly within Romania and Bulgaria. With over 15 years of investment experience in the region and more than €250 million in equity invested, Axxess Capital operates funds that focus on investments ranging from €5 million to €15 million, typically over a term of three to seven years. The firm boasts the largest team in Southeast Europe, comprising over 15 professionals, including investment experts, finance specialists, and legal advisers, which allows it to leverage a blend of local knowledge and international insights.

Founded in 1996, Buenavista Equity Partners is an independent private equity group operating primarily in the Iberian Peninsula and South-Eastern Europe. The firm focuses on buyouts and expansion deals, backing medium-sized companies with growth potential to become regional market leaders.

Global Finance is an independent investment firm headquartered in Athens, Greece, specializing in private equity and venture capital in Southeast Europe. The firm conducts private equity fund management, real estate development, and advisory services, managing funds with geographic and sectoral focus across the region. It makes equity investments in Greece up to €40 million and up to €15 million for Eastern European ventures, and pursues both minority and majority stakes, including co-investments for buyouts and growth opportunities. Its activity spans industries such as manufacturing, information technology, healthcare, services, and other sectors, with a regional emphasis on Greece and neighboring markets. Global Finance aims to exit investments within several years through trade sales, IPOs, management buybacks, or sales to other funds. The firm maintains offices in Athens and other Southeast European cities, including Sofia, Belgrade, and Bucharest, as well as London.

Empower Capital is a EUR 21 million fund established to provide equity and quasi-equity funding to growing Bulgarian companies. Financed by the European Investment Fund - JEREMIE Initiative Bulgaria, the team offers extensive international operating experience, expertise, and industrial knowledge to support SMEs. With a successful track record in investing and managing companies in Bulgaria, they specialize in raising funds from various investors and facilitating exits to international buyers. Empower Capital plays a crucial role in helping companies reach their potential by identifying valuable organizations and providing growth capital, strategic guidance, and operational support to strong management teams.

Start It Smart is an accelerator firm based in Sofia, Bulgaria, founded in 2009. It supports startups by providing mentorship and co-working space and aims to spread and develop an entrepreneurial mindset among young people who want to start their own businesses. The organization also acts as a co-founder of BEIC, the Bulgarian entrepreneurship and innovation cluster, and of Startup Generation, the world's largest network of young entrepreneurs.

Founded in 2001, Skyscanner is a global travel search platform that helps users compare and book flights, hotels, and car rentals from millions of options worldwide.

Founded in 2019, Oktogon Ventures is a venture capital firm based in Budapest, Hungary. It focuses on early-stage investments in technology-heavy startups across Central and Eastern Europe, with a particular emphasis on Hungary, Slovakia, the Czech Republic, Poland, Croatia, Romania, Slovenia, and Bulgaria. The firm leverages its local background, operational expertise, and global network to support CEE startups in realizing their full potential.

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.

NSF International is a global organization focused on improving public health and safety through various services. It specializes in management solutions, technical support, and consumer information for industries such as food, water, health sciences, and sustainability. The organization provides comprehensive services including product certification, testing, auditing, and consulting to ensure quality and safety standards are met. NSF Euro Consultants, a subsidiary of NSF International, operates in the agri-food and agro-industrial sectors, offering management consulting, training, operational assistance, and research services. Founded in 1990 and based in Wavre, Belgium, NSF Euro Consultants has expanded its reach with branches in multiple countries including Tunisia, Canada, Bulgaria, and France. The company is dedicated to enhancing food safety and quality within various industries, supporting clients in optimizing their systems and projects while navigating complex regulatory landscapes.

Trillion Energy International Inc. is an oil and gas exploration and production company based in Ankara, Turkey. Founded in 2006, the company focuses on developing its assets in Turkey and Bulgaria, where it holds interests in various productive fields. Notably, it owns a 49% stake in the SASB natural gas field, recognized as one of the Black Sea's initial natural gas development projects, and a 19.6% interest in the Cendere oil field, excluding three wells in which it has a 9.8% interest. Additionally, Trillion Energy holds a coal bed methane exploration license in Bulgaria for the Vranino 1-11 block, which is considered a promising unconventional natural gas resource. The company aims to enhance shareholder value by increasing production from its proven, yet currently non-produced, gas reserves. With a strong focus on Turkey, Trillion Energy generates the majority of its revenue from its operations in this region.

Maspex is a prominent food product manufacturer based in Wadowice, Poland, and holds a leading position in Central and Eastern Europe. The company specializes in a diverse range of products, including juices, nectars, soft drinks, water, pasta, jams, sauces, ketchup, ready meals, vegetable preserves, and instant products such as cappuccino and cocoa. Maspex is recognized as the market leader in juices and soft drinks in Poland, the Czech Republic, and Slovakia, while also being a top producer in Hungary, Romania, Bulgaria, and Lithuania. Additionally, the company leads the pasta market in Poland and Romania and excels in the production of jams, sauces, and ready meals in Poland. Maspex's extensive portfolio also includes vodka and foreign spirits, catering to a wide array of consumer preferences.

Clean Harbors, Inc. is a prominent provider of environmental, energy, and industrial services across North America, serving over 50,000 customers, including many Fortune 500 companies and various governmental agencies. The company operates through two main segments: Environmental Services and Safety-Kleen. The Environmental Services segment focuses on hazardous and non-hazardous waste management, offering services such as collection, transportation, treatment, disposal, and environmental cleanup for various materials, including laboratory chemicals and household hazardous waste. The Safety-Kleen segment provides specialized parts cleaning products, automotive and industrial cleaning supplies, and waste management services, including the collection and recycling of containerized waste. Clean Harbors also offers industrial services like high-pressure cleaning and catalyst handling to various sectors, including refineries and chemical plants. Headquartered in Norwell, Massachusetts, Clean Harbors operates more than 175 locations, including over 50 waste management facilities, throughout the United States, Canada, Mexico, and Puerto Rico, with additional international operations in several countries.

Based in Sofia, Bulgaria, Capital Investment Fund focuses on investing in Bulgarian small and medium-sized enterprises across various sectors.

UniCredit Bulbank is the largest bank in Bulgaria, with assets exceeding BGN 13.9 billion as of September 2014. Based in Sofia, the bank serves over one million clients, including individuals, households, small and mid-sized businesses, and larger corporations, both domestic and multinational. The bank offers a comprehensive range of services, including deposits, savings accounts, personal loans, mortgages, pension savings, and various banking facilities such as internet and direct deposit services. Additionally, UniCredit Bulbank provides loans, pension funds, currency exchange, insurance, shares, bonds, and investment advisory services. As a part of the European banking group UniCredit, the bank is well-positioned to cater to the financial needs of its diverse clientele.

Devexperts develops software for capital markets, founded in 2002, focusing on trading platforms for equities, derivatives, forex and CFDs, and cryptocurrencies. Its DXtrade XT provides trading for listed securities and derivatives, DXtrade CFD covers OTC asset classes, and DXtrade Crypto supports cryptocurrency trading; the portfolio also includes DXmatch for exchange solutions and dxFeed for market data. The company emphasizes customized software and technical excellence to help financial institutions grow and adapt. It employs more than 700 engineers and maintains offices across the United States, Germany, Bulgaria, Singapore, Japan, Portugal, Turkey, Georgia, Ireland, and Lithuania. Devexperts is recognized as a reliable software vendor in the financial industry and has earned multiple fintech awards.

Dynax Invest, founded in 2015 and based in Sofia, Bulgaria, is an accelerator firm that specializes in early-stage investments and advisory services. The firm focuses on seed-stage and early-stage companies, aiming to support growth in a variety of sectors including financial services, healthcare, information technology, software as a service, the internet of things, e-commerce, life sciences, blockchain, cryptocurrency, gaming, wellness, and other technology-driven industries. Dynax Invest seeks opportunities primarily across the United States, Europe, and Asia, positioning itself as a key player in the development of innovative startups.

Kredyt Inkaso S.A. is a prominent provider of debt management services in Poland and several other countries, including Russia, Romania, Bulgaria, and Croatia. Based in Warsaw, the company specializes in payment monitoring and debt collection, particularly through court and enforcement procedures. With a workforce of nearly 200 employees, Kredyt Inkaso has established itself as a key player in the Polish market by collaborating with major banks and telecommunications firms for over a decade. The company focuses on acquiring large debt portfolios deemed difficult to recover by original creditors, employing various strategies to facilitate their payment.

FocusVision is a company focused on delivering deep customer insights that extend beyond mere feedback to uncover the motivations and emotions that drive consumer behavior. Founded in 1990 and headquartered in New York, the firm offers a comprehensive suite of experience insights software solutions, including advanced surveys, online interviews, focus groups, and qualitative research community tools. These solutions enable businesses to map customer journeys, test brand health, assess product concepts, and gather employee feedback. FocusVision serves a diverse range of clients, including major corporations such as Facebook, Procter & Gamble, and Microsoft, and is recognized for its innovative approach to customer experience management, having received the 2018 Martech Breakthrough Award. With additional offices in several U.S. cities and Europe, FocusVision aims to empower brands to authentically connect with their customers by revealing the underlying truths that shape their perceptions and actions.

Innova Capital is a private equity firm focused on growth capital, buyouts, buyins, bridge financing, founder succession, spin-offs, buy-and-build, replacement capital, platform strategies, and cross-border expansion in mature and mid-market companies. It does not invest in turnarounds or startups. The firm targets industries including construction, manufacturing, energy, technology, media, financial services, consumer goods, telecommunications, healthcare, outsourcing, and other business services, with a geographic focus on Central Europe and Central Eastern Europe, particularly Poland, Slovakia, Croatia, Hungary, Romania, Moldova, the Czech Republic, Bulgaria, Germany, and Austria. Typical deal sizes range from €5 million to €75 million in equity, with enterprise values between $50 million and $184 million, and it pursues both majority and minority stakes. It can provide additional equity, debt, and mezzanine capital through its network of co-investors and lenders. Investments typically span three to five years, with exits by sale to a strategic investor or via an initial public offering. The firm is headquartered in Warsaw and operates an office in Bucharest; it was founded in 1994.

Founded in 2021, Rockaway Ventures is a venture capital firm based in Prague, Czech Republic. It focuses on investing in startups across Central and Eastern Europe and the DACH region that are digitalizing traditional industries while adhering to ESG principles.

Established in 2008, VTB Capital is a Moscow-based investment banking firm offering a comprehensive range of services including trading operations, debt and equity placements, mergers and acquisitions, consulting, private equity, asset management, foreign exchange products, hedging strategies, global commodities, and industry-specific solutions for clients across various sectors.

Shasta Ventures is a California-based venture capital firm founded in 2004 that invests in early-stage software companies in the United States, typically from seed to Series B. The firm is headquartered in Portola Valley, with a presence in Menlo Park, and focuses on software-related sectors such as software as a service, cybersecurity, infrastructure, data intelligence, and consumer subscription models. Shasta Ventures supports startups through an agile, founder-focused approach, offering resources and guidance tailored to early-stage needs.

OMERS Ventures is a venture capital firm investing in early to growth-stage technology companies, with a focus on North America. It typically invests between CAD$0.5 million and CAD$30 million per round, preferring common stock or simple preferred shares. The firm aims to lead investments and maintain Board seats in portfolio companies.

Grupo Bimbo SAB de CV is an international manufacturer of baking products, operating in over 22 countries across the Americas, Europe, and Asia. The company specializes in a wide array of products, including packed bread, sweet baked goods, salty snacks, cookies, tortillas, pitas, and confectionery items. Key brands under Grupo Bimbo include Bimbo, Ideal, Ricolino, Oroweat, Arnold, Thomas, and Sara Lee. The company maintains a robust direct distribution network, ensuring that products are efficiently delivered from its manufacturing facilities located in regions such as Uruguay, Rio de Janeiro, China, Santiago de Chile, and Argentina to various sales centers and warehouses. Grupo Bimbo's extensive product range includes sliced bread, buns, pastries, cakes, cookies, toast, English muffins, bagels, tortillas, flatbreads, and other snack items.

PostScriptum Ventures Limited is a private equity and venture capital firm based in Luxembourg, established in 2013. The firm specializes in making direct investments in early-stage ventures, emerging growth companies, and special situations, with a significant emphasis on the renewable energy sector. In addition to energy, PostScriptum Ventures also explores opportunities in technology, business services, and information technology. The firm's investment strategy focuses on markets outside of Western Europe and the United States, aiming to leverage its expertise to help realize the growth potential of its portfolio companies. Through its diverse investments, PostScriptum Ventures seeks to support innovative businesses and contribute to the development of new markets.

Invest AG is the private equity and venture capital arm of Raiffeisenlandesbank Oberösterreich Aktiengesellschaft, specializing in investments in small and medium-sized enterprises. Established in 1994 and headquartered in Linz, Austria, the firm manages a portfolio of approximately 180 million euros, focusing on expansion and growth financing, management buyouts, and other financial strategies, while avoiding investments in tourism and restructuring. It generally invests between 1.5 million and 15 million euros, seeking a stake of no more than 49 percent in the companies it supports. The firm operates primarily in southern Germany, Austria, and Switzerland, with a particular emphasis on the Upper Austrian region for young entrepreneurs. Invest AG has invested in over 140 companies across various sectors and aims to exit its investments through methods such as IPOs and trade sales. The firm prides itself on providing long-term stability and expertise to its partners, assisting them in operational, commercial, and strategic matters.

Sunsino Venture Group is a venture capital firm based in Taipei, Taiwan, founded in 1994. The firm has invested in over 200 companies across Taiwan and the United States, focusing primarily on the healthcare, technology, and software sectors. With approximately US$150 million in assets under management, Sunsino Venture Group aims to support innovative companies that demonstrate growth potential in these industries.

R12 Kapital is a private equity and venture capital firm based in Stockholm, Sweden, founded in 2009. It targets investments in the internet of things, manufacturing, commercial products, TMT, and related industrial sectors, and provides strategic advice and development support to its portfolio companies.

United Group is a leading telecommunications company offering multi-play services to residential and business customers. It boasts extensive network coverage and provides a wide range of content, from local to global selections.

Headquartered in San Francisco with offices globally, Citi Ventures explores, incubates, and invests in innovative ideas across fintech, data analytics, commerce, security, marketing, property tech, distributed ledger technology, and digital assets. It collaborates with Citi colleagues, clients, and the broader innovation community to drive discovery of new value.

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.

Partech is a global technology investment firm headquartered in Paris, with offices across Europe, Africa, the Middle East and North America. It combines capital, operational experience and strategic support to back founders from seed through growth stages. Founded in San Francisco about 40 years ago, Partech manages €2.5 billion in assets and maintains a portfolio of roughly 220 companies across 40 countries on four continents. The firm focuses on venture investments in technology-enabled sectors, including software, fintech, AI, cybersecurity, e-commerce and related TMT industries, with a preference for B2B and SaaS models.

Sway Ventures is a California-based venture capital firm that invests in early to mid-stage technology companies in the United States. Headquartered in San Francisco, the firm supports high-performing teams developing transformative technology and aims to create new enterprise and consumer categories.

Founded by Eric Benhamou in Palo Alto, California in 2003, Benhamou Global Ventures is an early-stage venture capital firm focused on technology investments. The firm concentrates on cloud technologies, virtual and software-defined networking, productivity-based applications, cybersecurity, mobility, and the Internet of Things.

Founded in 2001 and based in Zug, Switzerland, HBM Healthcare Investments is a venture capital firm focusing on the healthcare sector. It invests globally in mature emerging companies primarily in biotechnology/human medicine, diagnostics, and medical technology sectors.

Inovia Capital is a Montreal-based venture capital firm that backs software-enabled startups with global ambitions. The firm operates as a full-stack investor across early and growth stages, providing capital, coaching, and access to a broad network of talent in Canada, the United States, and Europe. It focuses on software-as-a-service and related sectors such as commerce, digital health, enterprise platforms, the future of work, security, travel, and hospitality, and emphasizes an operator mindset to help founders build influential and enduring businesses.