Startup Landscape in Bulgaria

Bulgaria has over 7,386 startups across the country. Of these, 1.35K are funded companies that have collectively raised $5.03B in venture capital and private equity. The country is home to 1 unicorn. A total of 352 investors have participated in 2,176 funding rounds, with 32 startups securing early-stage funding and 12 raising late-stage funding. In the last five years, 476 new companies have been founded, raising over $14.5M in funding. Startups in Bulgaria have witnessed 165 acquisitions and 101 IPOs, while 995 startups wrapped up operations. Additionally, 215 companies have been founded by women.