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SeedBlink opens Bulgarian office to support angel investors diversify their portfolio and startups to scale

SeedBlink Bulgaria
Image credit: Angel Hadjiev, Country Manager SeedBlink Bulgaria
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Romanian crowd investing platform SeedBlink opens its first branch outside of the country, in neighboring Bulgaria. Led by Angel Hadjiev as Country Manager, the Sofia-based office will offer European access to investors and solutions to tech startups. This news follows raising €45M in the first two years since the launch to support new businesses.

“We are not starting from scratch. We thank Bulgarian private investors, CEO Angels Club Sofia, Eleven VC, LaunchHub, and Endeavour for their trust and great support they have given us so far,” Angel Hadjiev shared.

With local market expertise, Angel Hadjiev has been focusing for over a decade on M&A, capital raising, and restructuring. He has a background in financial services and has previously held positions in management. 

He will lead the new branch to build bridges with local angel groups, VCs, and private investors. The team will support local pre-seed to B Series tech startups to access capital and build communities. 

Building bridges in the funding community

SeedBlink’s 2022 goal in Bulgaria is to offer angel investors new investment opportunities to diversify their portfolios. They also want to offer local startups access to regional support to scale faster. One Bulgarian tech startup that has already collaborated with SeedBlink is Dronamics

“As firm believers in the democratization of access to capital and opportunities, we liked the professionalism of the SeedBlink team in particular and the platform they’ve developed. They made it extremely prompt and effortless for us to run our campaign,” Svilen Rangelov, Co-Founder and CEO at Dronamics, says.

Svilen Rangelov mentioned in a previous interview that using the SeedBlink platform helped their scaling due to the large audience of people interested in investing in SEE tech startups. With a clear roadmap, they raised almost €1M from 220 investors in December of last year. 

Andrei Dudoiu, Managing Partner and co-founder at SeedBlink, shared in the press release that Bulgaria was their first choice in the expansion journey due to its rapidly growing tech startup ecosystem, which now hosts a unicorn, and the talented technology hub with visionary investors. 

Read more:  Impact investing in CEE: How to get on investors’ radar

So far, SeedBlink has collaborated with 10K investors from 50 countries and has assessed over 1700 tech startups, out of which 60 businesses from eight countries have launched campaigns on the platform

“As the number and scale of entrepreneurial ventures in Bulgaria grow, so does the demand for more venture capital to support their expansion. At the same time, Bulgarian banks still have over €60B lying idle in their accounts. SeedBlink’s platform is well-positioned to do its part in mobilizing this capital to play a more active role in building the value-added economy of the future in Bulgaria,” Momchil Vassilev, Managing Director at Endeavor, concludes.

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Elena is an Innovation Reporter at The Recursive with 10+ years of experience as a freelance writer based in Bucharest, Romania. Her mission is to report internationally on the amazing progress of the local startup ecosystems while bringing into focus exponential projects developed in niches like health and education or by female entrepreneurs.
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