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| Jan 30, 2026 | CEE Startup & Tech Weekly: EnduroSat Awarded Missile Defense Agency SHIELD IDIQ Contract | Company:
The Recursive’s weekly roundup aims to cover key tech developments across Central and Eastern Europe, as well as the growing impact of CEE-born founders on the global stage. Take a look at the latest news in funding, startup milest... |
| Nov 17, 2025 | How Benjamin Wolba is Turning Hackathons into Europe’s Defense Tech Movement | Company:
In a few years, Ukraine’s wartime economy has shifted toward large-scale technological production. According to the country’s commander-in-chief, more than 1.3 million drones were delivered to soldiers in 2024. By 2025, output is e... |
| Jul 10, 2025 | New Fund, New Focus: Bulgarian Innovation Capital Steps In with €36M Mandate | Bulgaria ~
Company:
Bulgarian Innovation Capital, usually backing early-stage companies, has been selected to manage a €32 million public investment fund under the Fund of Funds’ new “Innovation in Enterprises” program. With the required ad... |
| Apr 16, 2025 | Digitalk Conference 2025: Where Tech Rebels, Founders, and Investors Decode the AI Economy | Sofia, Bulgaria ~
Company:
Where: Sofia, Bulgaria | When: May 27, 2025
Digitalk Conference 2025 is back, bringing together 800+ industry leaders, tech visionaries, and startup innovators at Sofia Event Center to tackle head-on the economic ... |
| Mar 14, 2025 | Bulgaria’s €100M Fund of Funds Faces Backlash Over Selection Process | Bulgaria ~
Company:
In January this year, the Fund Manager of Financial Instruments in Bulgaria (FMFIB) selected three fund managers, Vitosha Venture Partners, Morningside hill and Bayena Ventures, for the implementation of the financial in... |
| Apr 3, 2024 | Europe Cloud: Helping CEE Businesses Get The Most Out of the Cloud, Data, and AI | Sofia, Bulgaria ~
Company:
CEE companies used to be behind Western Europe in adopting digital tech like cloud computing, but now they’re catching up fast. That said, even though many industries are experiencing rapid digital transformation,... |
| Jan 19, 2023 | Amid Nexo Turmoil, the Bulgarian Crypto Community Calls for Rules to Operate Safely | Sofia, Bulgaria ~
A publicity stunt and a shameful act or a long overdue investigation? Last week, Bulgarian state authorities and foreign investigators began a large-scale investigation into alleged illegal activities, conducted by the Bul... |
| Nov 18, 2022 | Bulgarian online marketplace Swipe.bg raises €510k in a seed round | Bulgarian online marketplace Swipe.bg raises €510k in a seed round
18 November, 2022, 17:23
Mariia Denysiuk --> --> --> -->--> --> --> --> --> --> --> --> -->
The Sofia-based platform for buying and... |
| Jun 1, 2022 | American blockchain company R3 chose Sofia for its first Eastern European R&D hub in partnership with INDUSTRIA | Sofia, Bulgaria ~
Company:
R3, the American blockchain solutions provider with offices in London, Dublin, New York, and Singapore, opens its first Eastern European R&D hub in Sofia, Bulgaria. The American company partners with INDUSTRIA... |
| May 25, 2022 | BrightCap leads Kardi AI's pre-Seed to enable unlimited ECG monitoring | BrightCap is excited to lead Kardi-AI’s €350,000 pre-Seed round. By using commercially available
Tomas Skala (left) and Stephen Burke. Image by Kardi AI
BrightCap is excited to lead Kardi-AI’s €350,000 pre-Seed round. By using commerciall... |
| May 20, 2022 | Verizon invests in Greek TileDB and other top startup news this week | Delivered warm and steamy like a cup of cappuccino, The Recursive’s weekly round-up is at your service with the hottest news in the startup ecosystem and a sprinkled SEE flavor.#1 Greek founded TileDB secures investment from Verizon Venture... |
| Feb 17, 2022 | CoLumbo raises €2.1m to scale its AI platform for L-Spine radiology | CoLumbo, an AI assistant for lumbar spine radiology, has raised a €2.1m Seed round
CoLumbo, an AI assistant for lumbar spine radiology, has raised a €2.1m Seed round from BrightCap Ventures and Eleven Ventures.
Using AI, CoLumbo reads, se... |
| Jan 14, 2022 | BrightCap invests in product analytics platform Sessionstack | Sessionstack has raised a €750K round led by BrightCap and joined by Telerik co-founder Boyko
Sessionstack founder and CEO Alexander Zlatkov (middle) together with the BrightCap team
Sessionstack has raised a €750K round led by BrightCap ... |
| Jan 14, 2022 | ThingsLog raises €1M from Morningside Hill to enable effective IoT consumption monitoring | Sofia, Bulgaria ~
Company:
ThingsLog, the Bulgarian IoT company for consumption monitoring, raised close to €1M in a seed round led by the Sofia-based privately owned investment firm Morningside Hill Capital Management. The round was joined... |
| Oct 4, 2021 | Morningside Hill backs two Bulgarian companies with near €1.5M | Sofia, Bulgaria ~
Company:
The Sofia-based post-seed venture capital fund Morningside Hill recently added two more companies to its portfolio. The VR development company ZenART, specializing in the provision of photo-realistic interactive e... |
| Sep 17, 2021 | What are the pandemic’s effects on your wellbeing? Take this survey and help improve decision-making on mental health | Bulgaria ~
Company:
During the last 18 months, COVID-19 urgently and uncompromisingly has put mental health on the agenda of companies – big and small. The pandemic created a shared feeling of uncertainty across countries and industries, ma... |
| Sep 16, 2021 | Bulgaria-founded Dynamo Software receives strategic growth investment from Blackstone | Sofia, Bulgaria ~
Company:
Dynamo Software, a cloud software provider for the alternative investment management sector, announced it will receive a strategic growth investment from Blackstone Growth. BXG is a leading global investment busin... |
| Aug 23, 2021 | Material Bank acquires Clippings to speed the digitization of the design industry | Sofia, Bulgaria ~
Company:
The procurement platform for interior design, Clippings, which has a Bulgarian R&D center has been fully acquired by Material Bank, the New-York-based online marketplace for searching and sampling design, arch... |
| Jul 6, 2021 | Bulpos’s merger with ec4u is now completed with the birth of DIGITALL | Sofia, Bulgaria ~
Company:
After having collaborated for around 3 years in the field of digital cloud solutions, in March 2021 the Bulgarian IT company Bulpros and the German ec4u entered into a merger agreement. With this, the European fun... |
| Jul 1, 2021 | Czech grocery delivery startup Rohlik, investor in Bulgarian eBag, is the newest CEE unicorn | Prague, Czech Republic ~
Company:
The Prague-based online grocery delivery Rohlik Group just hit unicorn status with a €100M Series C investment, led by Index Ventures. Previous investors Partech and Quadrille Capital also participated in t... |
| Jun 16, 2021 | Sustainable urban mobility in the SEE: Trends & local players | Bucharest, Sofia, Bulgaria, Romania ~
Company:
Sustainable urban mobility is a key task for all European cities, as part of the green transition to a more resilient society. Cities have the world’s largest resource and waste footprints. In ... |
| May 20, 2021 | Lucidlink closes $12m Series A round led by Headline and joined by Adobe | LucidLink, an innovator in cloud file technology raised $12 million in Series A funding to support accelerated growth
Image by Lucidlink
LucidLink, an innovator in cloud file technology raised $12 million in Series A funding to support ac... |
| May 10, 2021 | Office work in 2021 and beyond: flexible & hybrid | The outbreak of the global health pandemic forced millions of workers to change the office space with the (dis)comfort of their homes. 2020 created lasting transformations in the way we work and operate businesses. Read on to learn why the ... |
| Apr 20, 2021 | Bulgarian expense management startup Payhawk raises a record-breaking $20M Series A round | Sofia, Bulgaria ~
Company:
About 3 years after it was founded in Sofia, fintech startup Payhawk has managed to attract $20M in Series A funding – the biggest round ever for a Bulgarian venture at this stage and one of the largest in Southea... |
| Apr 13, 2021 | Bulgaria Innovation Hub attracts $725,000 to expand startup acceleration program | Bulgarian Innovation Hub (BIH), the Silicon Valley-based organization, which aims to help Bulgarian founders set foot overseas, has attracted another $725,000 to expand its operations. $400,000 of this amount are a grant from the America fo... |
| Feb 8, 2021 | Bulgarian VC Eleven closes the first of several SEE-oriented investments | Bucharest, Sofia, Bulgaria, Romania ~
Company:
Freelancers, digital agencies, and software studios all have one common goal – to keep their clients happy, get paid for their good work, and attract more clients. However, having a quality pro... |
| Aug 14, 2019 | Corporate Innovation In Practice: 5 Models For Internal & External Experiments | Incubators, accelerators, corporate venture capital, intrapreneurship programs, innovation labs… The wide spectrum of programs and vehicles Western corporations use to boost innovation and stay ahead of the competition might be overwhelming... |
| Jul 26, 2019 | BrightCap invests in web-acceleration start-up Scaleflex | We are glad to welcome Scaleflex to our portfolio after a pre-seed investment in the French-based web-acceleration start-up.
Emil Novakov of Scaleflex (middle) together with Diana Stefanova and Georgi Mitov of BrightCap Ventures
Photo by ... |
| Jul 12, 2019 | Fast-forward to a digitized air cargo industry with Frontline Dynamics | More than 650 million parcels pass through aircrafts and ground handlers every year, each accompanied by up to 30 paper documents along its journey. Besides some 22 tonnes of paper printed every day, air cargo logistics are slow, ineffectiv... |
| Sep 17, 2018 | BrightCap Ventures backs LucidLink in a $6m round | Photo by Nadezhda Chipeva
BrightCap Ventures invests $0.9m in LucidLink (lucidlink.com) – a 3-year-old San Francisco-based startup that takes on secured and scalable cloud streaming of large files. BrightCap Ventures joins Bain Capital Ven... |
| Jun 14, 2018 | BrightCap Ventures signs with EIF to manage €20 million VC fund | BrightCap Ventures is the newest VC fund to invest in high tech companies. The fund is established under the EIF JEREMIE programe where JEREMIE will invest €20 million, and BrightCap Ventures will raise additional private capital. The fund ... |
| May 5, 2017 | Clippings.com online interior design platform raises £2.8 million from C4 Ventures | Tom Mallory & Adel Zakout, Clippings.com founders | Photo credit:editoratlarge.com
The on-line platform for interior design, Clippings.com raised 2.8 million pounds from the European Fund – C4 Ventures.
“Today we’re excited to announce ... |
| Dec 13, 2016 | Bulgarian LAUNCHub Ventures closes €18 million worth deal to invest in Southeast Europe startups | photo credit: techcrunch.com
Bulgarian LAUNCHub Ventures, a seed stage VC fund, has closed its new, second in a row deal, worth €18 million. The fund will invest in startups in Bulgaria and Southeast Europe. The newly launched fund will hav... |
| May 10, 2016 | Major industry event in Sofia invites Ukrainian tech players (discounted registration until May 17) | Ukrainian startups and other internationally-oriented tech players are welcome to participate in the sixth edition of DigitalK, a major regional event which will be held on May 19-20 in Sofia, Bulgaria.
This two-day conference will bring to... |
| Trending Events Weekly Calendar: What you shouldn’t miss this week! | This is our list of all major events and open calls from the world of startup, innovation, and all things trending in the week of October 11th – 17th, 2021. Save the dates! 11 – 13 October 2021 EVENT: Digital Summit Western Balkans 2021 (by... |
| Trending Events Weekly Calendar: What you shouldn’t miss this week! | This is our list of all major events and open calls from the world of startup, innovation, and all things trending in the week of October 18th – 24th, 2021. Save the dates! 20 October 2021 OPEN CALL: The Sustainable Urban Tourism Accelerati... |