The Bulgarian LAUNCHub Seed Fund marks the beginning of the year with 10 new investments – 9 new companies and one follow-on in portfolio member EdHub. The latest investment decision followed the fourth Long Weekend Event held during November 28 – December 1, 2013, which was the culmination point of the Fund’s selection process. During four days of intensive pitching, coaching and mentoring, 14 teams competed to receive seed investment funding of up to 200K Euro.
LAUNCHub, Bulgarian 9 million euro seed fund, kicked off the business season early in September with five new companies on board. Greek codebender together with Bulgarian StatAce, EdHub, Play for Job, Cloudrunner are the newcomers opening the season. In addition to these five investments, the fund also completed two follow-on investments in two of its portfolio companies Dragon Inside and Deed in the beginning of the month.