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BrightCap Ventures

BGROUSGBDEOtherAI/MLFintechHealthtechB2B SaaSEnterpriseDeep Tech

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Investment thesis

BrightCap Ventures is an early-stage VC fund based in Sofia that partners with inspiring global founders who leverage local engineering talent from Rising Southeastern Europe, helping them scale into Western European and US markets. The firm's philosophy centres on working with deeply technical founders with domain expertise and global reach from day one, focusing on three priority verticals — Future of Work, Digital Health, and Fintech — while remaining sector-agnostic for exceptional teams. As Georgi Mitov puts it: 'Our philosophy of working with deeply technical founders with domain expertise and global reach from day one hasn't changed. It keeps us grounded in the AI era where opportunities seem everywhere, but lasting technology winners can be built by few.'

Notable quotes

BrightCap II is an exciting new step for us – larger scale fund with a wider scope and even greater ambitions than our first. At the same time, our philosophy of working with deeply technical founders with domain expertise and global reach from day one hasn't changed. It keeps us grounded in the AI era where opportunities seem everywhere, but lasting technology winners can be built by few.

Georgi Mitov · BrightCap Ventures news — BrightCap launches a €60m successor fund · 2024-07-08

We believe that AI will become a mainstream, foundational ingredient in most tech companies, if they want to stay competitive. The modus operandi of the future.

Elina Halatcheva · The Recursive — BrightCap's Elina Halatcheva on How AI Can Transform Healthcare and Revolutionize Energy · 2022-11-15

The tech industry is facing a pivotal moment. With BrightCap II, we have the opportunity to capture the next generation of category-defining companies from our region and nurture them to success. I look forward to bringing my tech enterprise experience in support of SEE startups to scale their businesses and reach global markets.

Diana Stefanova · BrightCap Ventures news — BrightCap launches a €60m successor fund · 2024-07-08

Recent investments

CompanyRoundSizeDate
Tow4TechPre-seed2025-04-30
RobosizeMESeed2024-07-23
LucidLinkSeed$6m2018-01-01
PliantSeed2020-01-01
EnviewSeries A$12m2020-01-01
ScaleflexSeed2021-01-01
PerusePre-seed2024-02-21
KARDI AISeed$2m2023-11-28
SagaSeed2024-02-15
CloudpipesSeed2018-01-01

Frequent co-investors

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