Investors in Bulgaria

Eleven is a EUR 12 million acceleration and seed fund, based in Sofia, Bulgaria. Eleven launched in 2012 as a winner of the EIF Jeremie seed finance instrument for Bulgaria. Eleven’s aim is to give early stage teams the opportunity to pass from the discovery stage to validation and beyond, and to accelerate past initial MVP to Seed and Series A investment readiness. They are primarily focused on giving opportunities to teams in the region of Central and Eastern Europe, but they encourage teams from everywhere to apply. Eleven invests in 10-15 startups every three months, and offers an extensive mentorship program, an acceleration space, and a EUR 25,000 initial investment against 8% of equity to teams selected to participate. Based on each team's progress and needs, Eleven provides a follow-on investment of up to EUR 200,000 in aggregate. Eleven is a member of the Global Accelerator Network (GAN) and it is forging relationships with other startup hubs and investor communities across Europe and North America. Currently, the fund has invested more than EUR 7 million in 93 startups from South Eastern Europe and beyond.

BlackPeak Capital is a co-investment growth equity fund focused on investing in high-growth Southeast European small and medium enterprises. BlackPeak Capital is funded by the European Investment Fund, part of the European Investment Bank, through the JEREMIE initiative for support of the SME enterprises in Bulgaria. We invest in equity, mezzanine, and other forms of hybrid capital to support the investment plans of dynamic regional companies. As a co-investment fund, BlackPeak Capital invests alongside other private institutional or individual investors on pari-passu terms. Our target investment ticket is between €1-8 million per transaction.

Investment Advisor of private equity funds Funds under advisory contracts: Romanian-American Enterprise Fund, Balkan Accession Fund and Emerging Europe Accession Fund Most extensive investment experience in the region (+15 years presence, + €250M equity invested) Lower mid-market specialists; Deals ranging from €5M to €15M; funds invested for a 3-7 years term Largest team in SEE, comprising over 15 people, including investment professionals, finance specialists, legal advisers, and support staff. Blend of local and international perspective. Investment experience, expertise and contacts across relevant sectors and industries Full time presence in Romania and Bulgaria

As a venture capital company, HBM BioVentures is invested globally in some 40 mature emerging companies in the biotechnology/human medicine, diagnostics and medical technology sectors. The primary products of HBM BioVentures' portfolio companies are either at an advanced stage of development or already available on the market. The company focuses on unquoted emerging companies, with two-thirds are invested in private companies that offer high value creation potential. This has enabled HBM BioVentures to carve out a unique and distinctive market position. HBM BioVentures has a broad shareholder base and is listed on the SIX Swiss Exchange (ticker: HBMN).

KBC Private Equity - the investment company of KBC Group - provides development capital and finances buy-outs to medium-sized companies in Belgium and in Central and Eastern Europe, KBC's home markets. Boasting an experienced team of 28 people, it has more than 60 active investments in portfolio with a market value in excess of EUR 400 million. KBC Private Equity aims to become one of the leading private equity providers on KBC Group's home markets. As an active shareholder with a long-term perspective, KBC Private Equity is involved in taking strategic decisions and providing support to management teams.

LAUNCHub Ventures is a Seed and Series A VC Fund, based in Sofia and investing in digital startups in the wider Southeastern Europe region. The fund’s portfolio companies are in the fields of SaaS, Enterprise Software, Health-tech, E-commerce, Mobile, IoT, but its investments are not limited only in these verticals. With €30m under total management LAUNCHub Ventures focuses on the seed space with investment ticket size in the range of €300K to 700K, expandable up to €1,5m per company.

Credit Suisse Private Equity is the private equity arm of global private bank and wealth manager, Credit Suisse. The division invests in mezzanine, buyouts, secondaries, primarily in Europe and North America. The firm is based in London, United Kingdom.

The International Fund Distribution team at Citi screens the market for attractive investment opportunities through specialised asset managers, who give access to a specific asset know-how while demonstrating track-record and expertise. In parallel, the team keeps abreast of investment and portfolio allocation trends amongst Citi’s institutional clients with the aim to match their needs with those select managers.

UBS Asset Management delivers to the UK market the extensive capabilities of a truly global organisation. They offer a powerful partnership of independent global research, state-of-the-art risk management and cost-effective dealing. This all adds up to one clear aim to deliver superior investment performance and client servicing.

MCI Capital SA is a private equity firm that supports later stage ventures and private equity investments. MCI’s investment strategy is based on three growth pillars: digital disruption investments: MCI contemplates and carries out investments in pure-play internet business models and forecasts that the strongest growth will be recorded in the segments: digital media, e-commerce, marketplaces, Fin Tech, Internet of Things, Software as a Service, cloud computing, mobile internet, and digital entertainment; digital ecosystem investments: MCI considers investments in companies operating on the internet infrastructure development market such as telecoms and data storage centers; and digital adaptation investments: MCI provides investment support to companies that aspire to become European- and global-level players using opportunities offered by the internet. With the use of PE/VC funds: MCI.EuroVentures 1.0, MCI.TechVentures 1.0, MCI.CreditVentures 2.0 FIZ and Internet Ventures FIZ, MCI implements growth stage, and expansion stage investments in CEE region, Germany and Austria (DACH). MCI Capital SA is listed on the Warsaw Stock Exchange since February 2001 and is also a member of the Polish Private Equity Association. MCI Capital SA was founded in 1999 and is based in Warsaw, Poland.