BrightCap Ventures

BrightCap Ventures is an early-stage venture capital firm primarily based in Sofia, Bulgaria, despite some information suggesting a Dutch presence. The firm focuses on investing in technology companies with defensible intellectual property and significant potential for global market expansion. They target Seed and Series A rounds, aiming to support startups that are developing innovative solutions across various sectors, particularly within the dynamic Southeast European ecosystem.

The firm's investment thesis centers on identifying companies that can leverage technology to solve complex problems and achieve international scale. BrightCap Ventures typically looks for startups in areas such as deep tech, artificial intelligence, SaaS, fintech, and cybersecurity. While their geographic focus is predominantly on Southeast Europe, they seek companies with a clear path to global markets, often bridging the gap between regional innovation and international opportunities.

BrightCap Ventures manages a significant fund, with their first fund, BrightCap Ventures Fund I, having a total commitment of €40 million. This capital enables them to make substantial initial investments in promising early-stage companies. Their typical initial check size ranges from €500,000 to €3 million, providing crucial capital for product development, team expansion, and market entry. Beyond initial funding, BrightCap Ventures also has the capacity for follow-on investments, supporting their portfolio companies through subsequent growth stages and helping them secure larger rounds.

Beyond capital, BrightCap Ventures provides strategic guidance, operational support, and access to an extensive network of industry experts, mentors, and potential partners. They actively work with their portfolio companies to refine business models, develop go-to-market strategies, and navigate the complexities of international expansion. This hands-on approach is designed to accelerate growth and maximize the chances of achieving successful global exits.