BVCA - Bulgarian Private Equity and Venture Capital Association

15/06/2026

BrightCap Ventures backed Paypercut in its €5M seed round, co-led by Concentric, Passion Capital, and Araya Ventures.

Paypercut unifies the full payments stack: cards, local payment methods, BNPL, multi-currency settlement into a single integration. It's winning where global players left gaps: Paypercut gained 200+ merchants across 8 markets since its pre-seed.

Read more in tech.eu: https://tech.eu/2026/06/03/paypercut-secures-eur5m-to-scale-cross-border-payments-in-cee/
Photo credit: tech.eu

04/06/2026

Мобилизирането на ресурсите на пенсионните фондове към рисков капитал, дялово инвестиране и инфраструктурни проекти е ключово не само за осигуряване на по-висока доходност за осигурените лица, но и за задържане на иновациите в Европа, стимулиране на икономическия растеж и изграждане на жизнеспособен регионален капиталов пазар.

Около тази теза се обединиха участниците в дискусията "От спестявания към растеж - мобилизиране на пенсионен и институционален капитал за рискови инвестиции и конкурентоспособност", който е част от форума Green Transition Forum 6.0 - най-голямата платформа в Централна и Източна Европа за дискусии по устойчиво развитие и икономическа трансформация. В ключовата дискусия взеха участие Председателят на BVCA, Evgeny Angelov, и един от нейните съоснователи и Управляващ партньор в INVENIO Partners - Elvin Guri.

Цялата статия, можете да прочетете тук:

В Европа пенсионните компании управляват около 5 трилиона долара, стана ясно по време на дискусията, част от GTF 6.0

21/05/2026

BVCA Chairman Evgeny Angelov shared his perspective on AIF opportunities in today's environment in Profit.bg 's high level conference: The Sound of Money.

Watch the panel discussion here: https://profit.bg/article/2026051306004133295?utm_id=97758_v0_s00_e0_tv1_a1demo0e5w0qtg&fbclid=IwY2xjawR7xKNleHRuA2FlbQIxMABicmlkETBGOGxhVm1RS1BXZHVXcVBKc3J0YwZhcHBfaWQQMjIyMDM5MTc4ODIwMDg5MgABHoUfxz6U5l39sQX3WZAZeRggnGaG5RqdCuHIE499pXVf5Nfl-tJJ640pb8KZ_aem_8c0rYRYtAuMYpYIR5zSRJA

AI манията на пазарите, огромният обем кеш в банковата система, новият мултифондов модел и въпросът защо българският капитал все още не достига достатъчно активно до инвестиции очертаха основните теми в панела „The New Investor: Navigating Markets, Assets and Opportunities“ по време на 17-ото издание на The Sound of Money 👇

💸 https://profit.bg/article/2026051306004133295

20/05/2026

BVCA was a main partner of the Next Gen Entrepreneur Day - an inspiring high-level event that brought together many young talents seeking for knowledge, investment and connections for their next endeavors.

BVCA Director and Board member, Maria Marinova joined one of the opening discussions on setting the tone for investment for entrepreneurs in Bulgaria and the overall ecosystem, stressing on the fact that Bulgaria has a rich and interconnected ecosystem with many organizations structured to support innovative ideas, as well as the country's leading position in SEE in terms of funding available for and .

Many thanks to the organizers SIS Credit and Fund of Funds in Bulgaria - FMFIB, as well as everyone involved. There is a need for more such initiatives for the bright minds of Bulgaria and SEE region.

18/05/2026

BVCA has been part of the conversation about patient capital into alternative investment funds in more than a decade. Both on national and European levels, we see more and more interest, as well as success stories, but we need more in order to modernize the legislation and ease the processes.

With the seminar on 14 May, organized by BVCA, together with INVENIO Partners , Van Campen Liem and DGKV we strived for exactly that — to give an overview and practical tips for the Dutch, Luxembourgish and Bulgarian jurisdictions and to spark a conversation that will continue.

25/03/2026

BrightCap Ventures with an exit and double dose of investments: The exit is from the American Peruse, in which BrightCap has made two investments over the years totalling circa €700K.

A year and a half after the launch of its second fund, the BrightCap Ventures' team now has five exits from portfolio companies from the first fund and eight more new investments in young projects.

Фондът продава дяловете си в софтуер за факторинг компании, инвестира в агент за хотелски мениджмънт и наследника на SMS

03/02/2026

Join Schoenherr Attorneys at Law Bulgaria for their special event - We Love Pharma: Expert Insights for a Changing Regulatory Landscape on 12 Feb, Sofia.

The EU “Pharma Package” is the most substantial overhaul of medicines legislation in more than 20 years. The political agreement reached on 11 December 2025 confirms the baseline protection model with capped extensions, a broadened Bolar exemption enabling full “day-one” readiness, including participation in procurement tenders, and strengthened supply security obligations. Although formal adoption and national transposition are still pending, the legislative objective is clear: to establish streamlined pathways for immediate post-exclusivity market entry, coupled with enhanced obligations to prevent and manage shortages.

💡 How is this reshaping market entry dynamics, shortage obligations, and regulatory procedures in ways that affect the generics and biosimilars sector?
Join us for a focused discussion and practical takeaways.

🔜 Reserve your place by emailing [email protected] or [email protected] and receive a complimentary report covering all the topics.

13/01/2026

With a bit of nostalgia for the passed Christmas holidays, we share photos from our Xmas event, which this year was a little different... (in a great way!) ✨

We partnered with Bulgarian Angels Club - an organization with which we have a perfect synergy so the networking was a delight.

We presented a humorous BVCA awards, yet recognized the great work that has been done by our fund managers and community in elevating the ecosystem.

And one constant - we welcomed Bulgarians living abroad, who came back for the winter holidays. 🎄

08/01/2026

In the last days of 2025, the European Investment Fund (EIF) and the Government of Bulgaria, through the Ministry of Innovation and Growth, Bulgaria, signed the extension of the EUR 350m JEREMIE mandate until 2035.

This is great news for the Bulgarian investment ecosystem! JEREMIE Bulgaria has been vital in supporting startups and scaleups in SEE through the local equity funds. Its success was quickly validated and JEREMIE then - replicated in other countries within Europe.

Through the reinvestment of recycled JEREMIE resources, the government of Bulgaria and the EIF will convert legacy repayments into new growth capital for the real economy, with up to EUR 160m available for deployment starting from 2026 and a larger amount projected to become available over the next decade.

Over 15 years, JEREMIE Bulgaria has become a benchmark initiative across the EU, demonstrating the value of patient, recyclable public capital invested at market terms:
▪EUR 1.6bn+ deployed in loans and equity investments
▪ 10,000+ SMEs supported nationwide
▪EUR 1bn+ private capital mobilised
▪Approximately 5x multiplier effect on public resources

Designed as an evergreen initiative, JEREMIE evidences how long-term policy continuity, institutional expertise, and innovative financial instruments can deliver sustainable economic impact.

08/12/2025

Feel the vibe and see some of the charts from our event, presenting the Annual Report on investment and entrepreneurship in Bulgaria and SEE.

Bulgaria leads overall in number of deal activity in the region and has the most active equity fund managers, in terms of number. What is also interesting is the diaspora engagement in the investment scene in SEE, as well as prominent foreign investors, who choose to invest in companies from the region.

The full report is available here: https://bvca.bg/en/annual-report-2025/