About NEVEQ
NEVEQ is a venture capital firm founded in 2006. It is primarily based out of Sofia, Bulgaria. As of Mar 2022, NEVEQ has invested in 22 companies. It primarily invests in Series A round in Bulgaria based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Consumer and FinTech. Most recently it participated in the $***** Seed round of smartocto Overall, NEVEQ portfolio has seen 6 acquisitions including key companies like Ontotext, Properati and Bulpros. A lot of funds co-invest with NEVEQ, with names like North Base Media sharing a substantial percentage of its portfolio. NEVEQ has team of 1 people including 1 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed & Series A
Portfolio Soonicorns
NEVEQ's List of Top Investments
NEVEQ has a portfolio of 22 companies. Their most notable investments are in FootballScout.com and Extreme Peering.Their portfolio spans across Bulgaria, United States, Switzerland and 5 more locations. They have invested in Enterprise Applications, Consumer, FinTech and 17 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by NEVEQ:
1. Excitel
Provider of fiber-optic based internet services. It offers high-speed unlimited fiber internet, free Wi-Fi routers, OTT & IPTV bundles, major streaming apps, family-safe features, free service relocation, customer support, and billing. Its mission is to provide installation free based high-speed, unlimited fiber-to-the-home internet services.
Key facts about Excitel
2. EnduroSat
Satellite manufacturer and space-service provider building software-defined satellites. The company designs, builds and operates software-defined satellites for commercial, government and defense missions in low Earth orbit (LEO). Its modular platforms are fully engineered and manufactured in-house and span 8U–16U CubeSat buses, the ESPA-class FRAME S and FRAME L, and the high-power FRAME Max, which can weigh up to 500kg. EnduroSat also provides an end-to-end space service on a fixed-cost basis, covering mission design, payload integration, launch and in-orbit operations.
Key facts about EnduroSat
- Founded Year: 2015
- Location: Sofia (Bulgaria)
- Stage: Series B
- Total Funding till date: $167M
- Employee Count: 290 as on Jul 31, 2026
- Investors: Founders Growth Equity Fund, European Investment Bank and 15 Others
- Latest Funding Round: Series B, Oct 30, 2025, $*****
3. Ontotext
Ontotext is a provider of Graph database called GraphDB which is a semantic repository having diverse databases, text mining algorithms. The company provides professional services for text mining, linked data, enterprise search and semantic data integration with major enterprises such as BBC, Euromoney and AstraZeneca and others in Europe and the United States. Ontotext was founded in 2000 in Sofia, Bulgaria, as a semantic research lab within the Sirma Group and has an office in Fairfield, US.
Key facts about Ontotext
4. Properati
Properati is an online listing platform for multi-category properties. Users can search residential properties with price, property, and neighborhood data and information. It also offers tools to make the search of property according to the requirement & purpose. The app is available on Android & iOS platforms.
Key facts about Properati
- Founded Year: 2012
- Location: Buenos Aires (Argentina)
- Stage: Acquired
- Total Funding till date: $9.2M
- Employee Count: 25 as on Jul 31, 2026
- Investors: Prosus, Patagonia Ventures and 4 Others
- Latest Funding Round: Series A, Feb 09, 2018, $*****
- Highlight: Acquired
5. SpinetiX
Spinetix provides networked digital video and embedded system based solutions. These include players, software, connectors, integrators, and others. Some of its player solutions are Diva, HMP300, HMP350, and HMP200. It also provides Cockpit which is a web portal for the dealers to prevent issues and promptly react to incidents, maximizing the uptime of the end customer’s digital signage network. It also provides software solutions like Elementi, a digital signage platform for creating video walls, interactive kiosks, and real-time streaming video. Hilton, Radisson, Sheraton, and Taco Bell are part of its clientele.
Key facts about SpinetiX
- Founded Year: 2006
- Location: Hergiswil (Switzerland)
- Stage: Funding Raised
- Employee Count: 7 as on Jun 30, 2026
- Investors: Kreaxi, NEVEQ and 1 Other
NEVEQ's Year-on-Year Investment Trends
NEVEQ has invested in 22 companies over the last 18 years, with an average of 0 new investment annually in the last 10 years. Its most recent first time investment was in Excitel and most recent follow-on round was in smartocto.NEVEQ's Investments by Stage
NEVEQ has made 6 investments in Seed stage with an average round size of $1.53M and 6 investments in Series A stage with an average round size of $4.56M.Stage of entry | No. of Investments |
|---|---|
Seed | 6 |
Series A | 6 |
Note: We have considered here, only first round of investments
NEVEQ's Investments by Sector
NEVEQ has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, Media & Entertainment, Aerospace, Maritime and Defense Tech and Vertical SaaS. Notably, it has invested in 17 Enterprise (B2B) companies, 17 Tech companies, 10 Software companies and at least 8 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 4 |
Consumer | 3 |
Media & Entertainment | 3 |
Aerospace, Maritime and Defense Tech | 2 |
Vertical SaaS | 2 |
Others | 10 |
Note: We have considered here, only first round of investments
NEVEQ's Investments by Geography
NEVEQ has made most investments in Bulgaria (6), followed by India where it has made 2 investments.Country | No. of Investments |
|---|---|
Bulgaria | 6 |
India | 2 |
Argentina | 1 |
Israel | 1 |
Netherlands | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
NEVEQ's recent investments
NEVEQ has not made any investment in 2026 so far.Here are the most recent investments by NEVEQ:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Mar 07, 2022 | Netherlands | Seed | 1743 | [+4] | |
Oct 11, 2018 | India | Series A | 3329 | [+1] | |
Jun 27, 2018 | Bulgaria | Series A | 3803 | ||
Jun 27, 2018 | Netherlands | Seed | 4409 | ||
Mar 16, 2017 | Bulgaria | Seed | 2802 | - |
Acquired companies in NEVEQ's Portfolio
6 companies from NEVEQ's portfolio have been acquired. The most recent acquisition was Ontotext in May 2022 by Integral Venture Partners for $*****.Here are NEVEQ's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 27, 2022 | - | - | 7048 | |
Jan 06, 2022 | Oct 08, 2014 | Series A | 9126 | |
Mar 23, 2021 | Feb 26, 2016 | Series A | 2123 | |
Aug 03, 2017 | Mar 09, 2011 | Seed | 1769 | |
Mar 09, 2016 | Mar 2008 | Series A | 2684 |
Team profile of NEVEQ
NEVEQ has a team of 1 member located in Bulgaria. NEVEQ's team does not sit on the board of any company as of now.Co-investors of NEVEQ
Over the past 18 years, 36 investors have co-invested in NEVEQ's portfolio companies. This includes funds and angels.
- Invested before NEVEQ: Europa, NXTP Ventures and 2 others have invested in rounds before NEVEQ. There is 1 company where Europa has invested before NEVEQ and 1 company where NXTP Ventures has invested before NEVEQ.
- Top Co-investors of NEVEQ: 8 investors entered a company along with NEVEQ. These include investors like North Base Media (2 companies).
- Invested after NEVEQ: A total of 24 investors have invested in NEVEQ's portfolio after their investments. Top Investors include Neo Ventures (2 companies), Svetozar Georgiev (1 company) and Stefan Ivanov (1 company).
Recent News related to NEVEQ
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Biodit picks up financing from capital venture fund NEVEQBiometricUpdate.com•Jun 08, 2016•BIODIT, NEVEQ
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Serbian startup Content Insights raised 1.1 million investment | 150sec150sec•Apr 20, 2016•Author Insights, NEVEQ, Eleven, North Base Media and 1 other
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Properati Raises USD 2 million in Series A Financing — Property Portal WatchProperty Portal Watch•Oct 08, 2014•Properati, NEVEQ, NXTP Ventures
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