BrightCap Ventures is the newest VC fund to invest in high tech companies. The fund is established under the EIF JEREMIE programe where JEREMIE will invest €20 million, and BrightCap Ventures will raise additional private capital. The fund will invest in early-stage companies with the potential for significant growth in the global market. The investments will be in the range of €0.5 to €3 million. Part of the fund will be dedicated to supporting newly created companies (accelerator), where the investments will range between €50,000 to €200,000. The fund will invest in companies in Bulgaria and in the region.
Photo by Nadezhda Chipeva