Sofia Angels Ventures

Overview

Sofia Angels Ventures is a €13 million venture capital fund established to co-invest alongside angel investors, family offices, and other private investors and funds. The fund primarily focuses on technology startups at the pre-seed and seed stages, predominantly from Bulgaria, Southeast Europe, and Central and Eastern European countries, with a vision to operate across Europe and globally. The management team comprises angel investors, entrepreneurs, and executives who have transitioned into venture capitalists. The fund's investment strategy emphasizes co-investing on a deal-by-deal basis, with initial investments ranging from €200,000 to €500,000 and follow-on investments up to €1 million. Sofia Angels Ventures is supported by InnovFin Equity, with financial backing from the European Union under Horizon 2020 Financial Instruments and the European Fund for Strategic Investments (EFSI), established under the Investment Plan for Europe. This support aims to facilitate financing and implement productive investments within the European Union, ensuring increased access to financing. Sofia Angels Ventures has invested in various sectors, including fintech, greentech, agritech, medtech, HRtech, AI, and sustainability. The fund has a strong network of angel investors, providing a unique advantage in deal sourcing and supporting the growth of early-stage startups in the region.

Investment Focus

• Technology startups at pre-seed and seed stages
• Predominantly from Bulgaria, Southeast Europe, and Central and Eastern European countries
• Focus on sectors such as fintech, greentech, agritech, medtech, HRtech, AI, and sustainability

Portfolio Companies