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Leanplum Acquires Conversational Marketing Company Connecto

Leanplum, a San Francisco, CA-based provider of mobile engagement solutions, acquired Connecto, a Sofia, Bulgaria-based provider of AI-powered conversational marketing solutions. The amount of...

Mojio Secures CAD$30M in Series B Funding

Mojio, a connected car cloud platform company, secured CAD$30M in Series B funding. The round was led by Kensington Capital ($1.2 Billion in assets...

LAUNCHub Ventures Closes Second Fund, at €18M

LAUNCHub Ventures, a Sofia, Bulgaria-based seed stage venture capital firm, closed its second fund, at €18m. Founded in 2012, LAUNCHub has already managed its first...

Flipps Raises $2.4M

Flipps, a San Francisco, New York and Sofia, Bulgaria-based provider of an app to stream entertainment from a mobile device to TV, raised $2.4M...

Imagga Raises $350K in Funding

Imagga, a Sofia, Bulgaria-based cloud platform that helps businesses and individuals organize their images, raised $350k in funding. Backers included LAUNCHub ($260K)and other unnamed private investors ($90k)....

EIF Selects Eleven and LAUNCHub to Manage €21M Fund in Bulgaria

The EIF has selected Eleven and LAUNCHub to manage a €21m Entrepreneurship Acceleration and Seed Financing Instrument under the JEREMIE Holding Fund. Eleven will manage...

EBRD, €27.5M Loan to Allianz Bank Bulgaria to support SMEs

The European Bank for Reconstruction and Development (EBRD) is making available two credit lines worth a total of €27.5m to Allianz Bank Bulgaria (ABB)...

EIB Signs €50M Facility for Bulgarian SMEs

The European Investment Bank (ΕIB) signed a €50m facility with Eurobank EFG Bulgaria, for funding small and medium-sized companies in the country.According to Ms...

EBRD, 5.5M Mezzanine Loan to dairy producer in Bulgaria

The EBRD provided Fama, the third largest manufacturer of milk products in Bulgaria, with a €5.5m mezzanine loan to finance the company’s investment programme.Fama...

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