Vitosha Venture Partners launches $30M fund to back Bulgarian-related early-stage startups
Vitosha will be co-financed by the European Structural and Investment Funds under the Operational Programme for Innovation and Competitiveness 2014-2020, handled by the Fund of Funds in Bulgaria. Speaking to me over a call, co-founder Max Gurvits said: “Bulgaria and this entire region of Southeastern Europe is an extremely early community. He added: “I do think that in Bulgaria, something like the introduction of a unicorn-like UiPath may occur in the next 2 or 3 years.”There’s a lot of food tech/ agtech here, there there’s a lot of connected hardware manufacturing like electrical bikes.
Vitosha will be co-financed by the European Structural and Investment Funds under the Operational Programme for Innovation and Competitiveness 2014-2020, managed by the Fund of Funds in Bulgaria. Speaking to me over a call, co-founder Max Gurvits stated: “Bulgaria and this entire region of Southeastern Europe is a really early ecosystem. He added: “I do believe that in Bulgaria, something like the emergence of a unicorn-like UiPath may occur in the next two or 3 years.