Vitosha Venture Partners II

vc$34MCo-investsLeads rounds

◆ Fund Size

$34M

◆ Check Size

$0.2M→$1.6M

◆ Location

Bulgaria

◆ Portfolio

107 companies

◆ Activity

Statusactively investing

◆ Links

Website ↗

◆ Investment Thesis

The fund aims to support 78 startups, at least 44 newly established, with investments ranging from €25,000 to €1 million, focusing on the Entrepreneurship – Early Stage initiative.

◆ About Vitosha Venture Partners

Vitosha Fund II is a later-stage venture capital fund launched by Vitosha Venture Partners, targeting companies across the Southeast Europe (SEE) region.[1][2] The fund invests in growth-stage startups with ticket sizes from €200K to €1.5M, building on the success of Vitosha Fund I's 107 portfolio companies.[1]

◆ Sectors

Industrial AutomationE-commerceDefense Techai enablementenergy sustainability

◆ Stages

pre-seedseed

◆ Geography Focus

Bulgaria

◆ Team

Name	Title	Role	Links
Marin Iliev	Partner/Investment Manager	—	in
Max Gurvits	Partner	—	in 𝕏
Nikola Stojanow	Partner/CEO	—	in
Rob Kniaz	General Partner	—
Stoyan	Partner	—

◆ Notable Investments

Kikimora.ioEconic OneQuendooHoboID RobotsEstel Technologies365 Data ScienceVibeJobs

◆ Traits

Leads rounds

Co-invests

◆ FAQ

What does Vitosha Venture Partners II invest in?

Vitosha Venture Partners II invests in Industrial Automation, E-commerce, Defense Tech, ai enablement and energy sustainability at the pre-seed and seed stages.

Which geographies does Vitosha Venture Partners II focus on?

Vitosha Venture Partners II focuses on Bulgaria, and is headquartered in Bulgaria.

What is Vitosha Venture Partners II's typical check size?

Vitosha Venture Partners II typically writes checks of $0.2M to $1.6M.