George Brashnarov

LAUNCHub Ventures is a leading early-stage venture capital fund backing technology startups at the Seed and Series A stages. We invest across Central and Southeastern Europe (CEE & SEE), as well as in founders from the region who build globally from major startup hubs around the world. Our initial investments range from €300K to €2M, with the ability to lead rounds up to €4M and continue supporting our portfolio as they grow. Beyond capital, we bring hands-on support, strategic insight, and deep regional experience to help teams turn momentum into lasting impact. Through our Series A Academy, we help founders prepare for the next leap – building the traction, structure, and investor readiness needed to raise their next round. At LAUNCHub Ventures, we don’t just fund companies. We back conviction – founders who go beyond what’s expected. Since 2012, we’ve been shaping the CEE startup ecosystem – and today, we’re excited to see some of Europe’s and the US’s top VC firms follow our investments.

Bulgarian Angels Club (ex-CEO Angels Club) is a group of senior executives and entrepreneurs related to Bulgaria investing their own money in early stage startups in return for equity. Our members make their own investment decisions and they can invest together or individually. They also provide expertise, contacts and pro-active mentorship to increase company value. The Club looks for early stage, normally post-accelerator startups that are highly scalable and that can show us how the company will get to break-even or to a clear meaningful mile stone (e.g.Seed or Series A.Funding) within 12-24 months on the basis of our one-time investment. This typically means smallish teams (2 to 5 people), with serious domain expertise and a product that is either currently in the market or already in beta.

Eleven is one of the leading early-stage venture capital funds in Europe, investing in startups since 2012. With 170+ collective investments over 13 years, Eleven’s team has been instrumental in catalyzing the regional startup ecosystem. Eleven supports tech companies in four priority verticals - Fintech, Healthcare, Future of Work & AI, and Climate & Sustainability. Some of the startups that Eleven has backed include Payhawk, Dronamics, SMSBump, and Native Teams.

LAUNCHub Ventures is a leading early-stage venture capital fund backing technology startups at the Seed and Series A stages. We invest across Central and Southeastern Europe (CEE & SEE), as well as in founders from the region who build globally from major startup hubs around the world. Our initial investments range from €300K to €2M, with the ability to lead rounds up to €4M and continue supporting our portfolio as they grow. Beyond capital, we bring hands-on support, strategic insight, and deep regional experience to help teams turn momentum into lasting impact. Through our Series A Academy, we help founders prepare for the next leap – building the traction, structure, and investor readiness needed to raise their next round. At LAUNCHub Ventures, we don’t just fund companies. We back conviction – founders who go beyond what’s expected. Since 2012, we’ve been shaping the CEE startup ecosystem – and today, we’re excited to see some of Europe’s and the US’s top VC firms follow our investments.

Bulgarian Angels Club (ex-CEO Angels Club) is a group of senior executives and entrepreneurs related to Bulgaria investing their own money in early stage startups in return for equity. Our members make their own investment decisions and they can invest together or individually. They also provide expertise, contacts and pro-active mentorship to increase company value. The Club looks for early stage, normally post-accelerator startups that are highly scalable and that can show us how the company will get to break-even or to a clear meaningful mile stone (e.g.Seed or Series A.Funding) within 12-24 months on the basis of our one-time investment. This typically means smallish teams (2 to 5 people), with serious domain expertise and a product that is either currently in the market or already in beta.

The American Chamber of Commerce in Bulgaria is a leading business organization uniting over 330 American, Bulgarian and multinational companies operating in the country. The overall presence of the U.S. investments in Bulgaria comprise of more than 11% of the FDIs. The Chamber was established in December 1994. The American Chamber of Commerce’s mission is to strengthen economic relations between U.S. and Bulgarian commercial enterprises within the framework of the U.S.- European transatlantic economic relations, as well as to further improve the business climate in Bulgaria. AmCham Bulgaria is an affiliate of the U.S. Chamber of Commerce and a member of the European Council of American Chambers of Commerce (ECACC).