Vitosha Ventures
Vitosha Venture Partners is an early-stage venture capital fund based in Sofia, Bulgaria, founded in 2020. The firm focuses on innovative businesses in Bulgaria and the broader Emerging Europe region, managing approximately €26 million in capital. Vitosha is supported by the Bulgarian government and co-financed by the European Structural and Investment Funds. The fund aims to invest in around 100 companies, ranging from pre-seed to growth stages. Vitosha offers a range of services to accelerate startup growth, including capital investment, strategic guidance, and access to a robust network of
Investing activity
Vitosha Ventures appears in 1 AI deal tracked by the Lounge deals desk, and led 1 of them. The rounds are mostly Pre-seed, with a median round size of $304K. The most recent is Estel Technologies (Pre-seed, €270,000, Aug 2026).
Vitosha Ventures most often invests alongside Kerem Basak, and the companies it backs on Lounge are mostly in AI.
Deals
Frequently asked questions about Vitosha Ventures
What AI companies has Vitosha Ventures invested in?
Vitosha Ventures's AI investments include Estel Technologies. The 1 round on Lounge are listed on this page with amounts, dates and co-investors.
Where is Vitosha Ventures based?
Vitosha Ventures is based in Sofia, Sofia-city, Bulgaria.
What stage does Vitosha Ventures invest at?
In the rounds tracked on Lounge, Vitosha Ventures has invested at Pre-seed, with a median round of $304K. Vitosha Ventures led 1 of those rounds.
Who does Vitosha Ventures co-invest with?
Vitosha Ventures's most frequent co-investors on Lounge are Kerem Basak (1 deal).
How can founders reach Vitosha Ventures?
Founders on Lounge can see Vitosha Ventures's contact details in AI Investor Contacts (paid plans), check for a warm introduction through members who worked with the firm under Warm Paths, and add Vitosha Ventures to their Investor Pipeline to track the conversation.