Venture capital firm
LAUNCHub portfolio
launchub.comLAUNCHub is a venture capital firm based in Sofia, Bulgaria, founded in 2012. It has invested in 36 venture-backed companies across 43 funding rounds on VCMC, and led 8 of those rounds. 4 of them were in the last 12 months.
36
Venture-backed companies
in its portfolio on VCMC
43
Funding rounds
led 8
4
Last 12 months
rounds, Oct 2025 to Sep 2026
1
With a disclosed valuation
of 36 companies
$3.4B
Combined value of its private companies
the whole companies, not what LAUNCHub owns
35 private companies LAUNCHub has backed have a VCMC valuation; together they are worth $3.4B. That is the value of the whole companies, not what LAUNCHub owns. Northwood is 20% of the total. 1 company it backed has since been acquired and is not included. How VCMC values companies.
Values cover private companies only; public companies are not included.
Portfolio
Full LAUNCHub portfolio (36 companies)
36 companies.
| # | Last round | History | Range | Trend | Grade | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | FintechOS Tech Companies · since Series A, 2019 | Growth Equity Sep 2026 $28M | $287M | $188M – $463M | $301M (+5%) | $30.8M | 33% | 222 | flat | B | |
| 2 | AMPECO Tech Companies · since Seed, 2023 | Series B Nov 2024 $26M | $245M | $71.8M – $348M | $245M (0%) | $29.4M | 0% | 188 | flat | C | |
| 3 | Colossyan Tech Companies · since Series A, 2024 | Series A Feb 2024 $22M | $77.4M | $27.0M – $250M | $40.0M (-48%) | $27.0M | 78% | 76 | down | D | |
| 4 | Mediately Tech Companies · since Series A, 2022 | Series A Feb 2022 $8.2M | $8.81M | $2.86M – $29.9M | $8.49M (-4%) | $11.0M | 97% | 38 | shrinking | D | |
| 5 | Blockscout Tech Companies · since Seed, 2024 | Seed Aug 2024 $3.0M | $9.20M | $5.42M – $17.3M | $5.35M (-42%) | $7.06M | 97% | 21 | shrinking | B | |
| 6 | Imagga Tech Companies · since Seed, 2013 | Seed Jun 2013 $260K | $0.45M | $0.06M – $1.88M | $0.45M (0%) | $0.37M | 97% | 8 | shrinking | D | |
| 7 | Northwood Telecommunications · since Seed, 2024 | Series B Jan 2026 $100M | $685M | $364M – $1.1B | $775M (+13%) | $85.3M | 0% | 179 | growing | B | |
| 8 | Unbabel Translation Services · since Series B, 2018 | Series C Sep 2019 $60M | $112M | $31.5M – $525M | $112M (0%) | $65.7M | 80% | 658 | down | D | |
| 9 | Modsy Tech Companies · since Series A, 2016 | Series C May 2019 $37M | $3.00M | $0 – $3.00M | $3.00M (0%) | – | 100% | 70 | down | dead | |
| 10 | BCB Group Payment Processing & Point of Sale · since Series A, 2022 | Series A Jan 2022 $60M | $455M | $35.2M – $771M | $435M (-4%) | $91.2M | 4% | 203 | up | D | |
| 11 | Euler Finance Cryptocurrency · since Series A, 2021 | Growth Equity Jun 2022 $32M | $236M | $24.5M – $474M | $236M (0%) | $42.7M | 0% | 3 | unknown | D | |
| 12 | Ritual Vitamins & Supplements · since Series B, 2019 | Series B Feb 2019 $25M | $196M | $14.0M – $278M | $191M (-2%) | $25.8M | 0% | 239 | up | D | |
| 13 | Giraffe360 Tech Companies · since Series A, 2022 | Other Mar 2026 $10M | $104M | $8.00M – $228M | $96.0M (-7%) | $24.7M | 8% | 187 | flat | D | |
| 14 | Veridion Data Solutions · since Seed, 2023 | Series A Sep 2026 $20M | $108M | $67.0M – $279M | $183M (+69%) | $28.0M | 0% | 58 | flat | C | |
| 15 | Lace Software Development Services · since Seed, 2025 | Seed Apr 2025 $14M | $154M | $55.5M – $218M | $154M (0%) | $27.6M | 0% | 77 | growing | C | |
| 16 | Baseimmune Biotechnology · since Series A, 2024 | Series A Feb 2024 $11M | $112M | $24.1M – $159M | $81.2M (-27%) | $17.1M | 0% | 29 | up | C | |
| 17 | GlycanAge Medical Laboratories · led at Seed, 2024 | Growth Equity Dec 2025 $8.8M | $84.4M | $55.8M – $123M | $85.0M (+1%) | $8.54M | 6% | 48 | growing | B | |
| 18 | OfficeRnD Tech Companies · led at Seed, 2017 | Growth Equity Oct 2023 | $60.4M | $11.5M – $167M | $46.4M (-23%) | $8.22M | 37% | 175 | flat | D | |
| 19 | Charlie Payment Processing & Point of Sale · since Series A, 2018 | Series A Nov 2018 $9.0M | $70.2M | $2.56M – $137M | $70.2M (0%) | $12.6M | 0% | 2 | unknown | D | |
| 20 | Charlie AI Tech Companies · since Series A, 2018 | Series A Nov 2018 $9.0M | $62.2M | $4.24M – $94.7M | $57.7M (-7%) | $12.6M | 0% | 14 | up | D | |
| 21 | Neurolabs Tech Companies · since Series A, 2026 | Series A May 2026 $7.8M | $45.0M | $26.3M – $78.9M | $48.9M (+9%) | $11.0M | 56% | 35 | flat | B | |
| 22 | Ferryhopper Travel Agencies · led at Series A, 2020 | Other Jun 2022 $5.3M | $13.6M | $1.15M – $30.8M | $13.3M (-2%) | $4.06M | 24% | 139 | up | D | |
| 23 | Keyring Network Tech Companies · since Seed, 2024 | Seed Mar 2024 $6.0M | $73.6M | $10.5M – $120M | $54.4M (-26%) | $16.4M | 9% | 25 | flat | D | |
| 24 | Morgan Records Management Stenographers & Transcription Services · led at Seed, 2022 | Seed Oct 2022 $6.0M | $19.5M | $3.30M – $71.8M | $15.3M (-22%) | $11.3M | 59% | 12 | flat | D | |
| 25 | Taylor & Hart Watches & Jewelry Stores · since Series A, 2019 | Series A Aug 2019 $4.4M | $20.0M | $1.46M – $44.7M | $19.5M (-2%) | $6.12M | 25% | 85 | flat | D | |
| 26 | Uvionix Industrial Machinery & Supplies · led at Seed, 2025 | Seed Feb 2025 $3.5M | $51.0M | $13.1M – $77.7M | $51.0M (0%) | $9.18M | 0% | 24 | up | C | |
| 27 | Tenyks Tech Companies · since Seed, 2022 | Seed Mar 2022 $3.4M | $13.6M | $1.50M – $48.5M | $12.5M (-8%) | $8.53M | 45% | 14 | down | D | |
| 28 | Kubeark Tech Companies · since Pre-seed, 2023 | Pre-Seed Feb 2023 $2.8M | $5.71M | $2.38M – $13.1M | $4.53M (-21%) | $6.69M | 97% | 10 | shrinking | C | |
| 29 | Aggero Tech Companies · led at Seed, 2022 | Seed Mar 2022 $2.0M | $4.61M | $0.68M – $36.4M | $4.36M (-6%) | $3.49M | 97% | 20 | down | D | |
| 30 | nFuse Software Development Services · since Seed, 2026 | Seed Apr 2026 $2.0M | $17.9M | $8.04M – $37.2M | $24.5M (+37%) | $4.80M | 0% | 11 | growing | C | |
| 31 | Doshi Tech Companies · since Pre-seed, 2023 | Pre-Seed Jun 2023 $1.3M | $13.4M | $1.37M – $24.7M | $12.2M (-9%) | $3.55M | 13% | 19 | flat | D | |
| 32 | Adadot Tech Companies · since Pre-seed, 2022 | Pre-Seed Apr 2022 $1.0M | $7.58M | $0.47M – $18.2M | $7.36M (-3%) | $2.57M | 20% | 5 | unknown | D | |
| 33 | TROES Batteries · since Seed, 2021 | Seed Mar 2021 $1.0M | $5.25M | $0.41M – $22.9M | $5.37M (+2%) | $2.23M | 59% | 23 | down | D | |
| 34 | Thinkpilot Tech Companies · led at Pre-seed, 2025 | Pre-Seed May 2025 $680K | $8.15M | $2.03M – $12.4M | $8.15M (0%) | $1.60M | 0% | 4 | unknown | C | |
| 35 | LoanBase Loans & Financing · since Seed, 2014 | Debt Oct 2021 $50K | $18.3M | $2.72M – $68.9M | $18.3M (0%) | – | 0% | 27 | flat | D | |
| 36 | Tech Companies · led at Seed, 2025 | Acquisition Nov 2025 | $51.7M acquired 2025 | $23.9M – $96.3M | – | – | 0% | – | unknown | C |
Valuation: VCMC's valuation with its range, from a low to a high scenario; a company with no valuation shows a dash, one acquired after its last round its last value as a private company.
Activity
How LAUNCHub invests: stages, industries and countries
Most of its rounds are seed (40%). Its companies span 16 industries, most in Tech Companies, Payment Processing & Point of Sale and Software Development Services, across 9 countries.
Rounds by stage
- Pre-seed 4
- Seed 17
- Series A 16
- Series B 5
- Series C and later 1
Investments by industry
- Tech Companies 19
- Payment Processing & Point of Sale 2
- Software Development Services 2
- Batteries 1
- Biotechnology 1
- Cryptocurrency 1
- Data Solutions 1
- Industrial Machinery & Supplies 1
Investments by country
- United Kingdom 13
- United States 13
- Bulgaria 3
- Romania 2
- Canada 1
- Cayman Islands 1
Recent rounds
LAUNCHub's latest investments
LAUNCHub's most recent funding rounds, newest first. 4 rounds in the last 12 months.
- Veridion Series A $20M 16 Sep 2026
- Neurolabs Series A $7.8M 9 May 2026
- nFuse Seed $2.0M 7 Apr 2026
- GlycanAge Growth $8.8M 31 Dec 2025
- Thinkpilot Pre-seed, led $680K 8 May 2025
- Lace Seed $14M 22 Apr 2025
- Seed, led $7.0M 26 Mar 2025
- Uvionix Seed, led $3.5M 10 Feb 2025
- AMPECO Series B $26M 26 Nov 2024
- Blockscout Seed $3.0M 8 Aug 2024
Co-investors
LAUNCHub's top co-investors
The investors that most often join the same rounds as LAUNCHub. Norwest leads, with 5 rounds together.
- Norwest 5 rounds together
- GapMinder 5 rounds together
- Founders Fund 5 rounds together
- Sequoia Capital 4 rounds together
- AME Cloud Ventures 4 rounds together
- 4 rounds together
- Hoxton Ventures 4 rounds together
- 4 rounds together
- OTB Ventures 4 rounds together
- 4 rounds together
About
About LAUNCHub
LAUNCHub is a Bulgarian venture capital fund engaged in early-stage investments, with a focus on pre-seed and seed-stage startups in South-Eastern and Central-Eastern Europe. The company provides capital, strategic guidance, mentorship, and access to a global network of clients, advisors, and co-investors to support portfolio companies in raising larger investment rounds. LAUNCHub also offers educational programs, such as the Series A Academy, to assist founders in preparing for subsequent funding stages. The fund is supported by InnovFin Equity, the European Union, and the European Fund for Strategic Investments, and is committed to sustainability, implementing a Sustainable Finance Disclosure Regulation (SFDR) policy for its funds.
Description from Veridion's company data.
- Founded
- 2012
- Based in
- Sofia, Bulgaria
- Team
- 23 people, -4% in a year
- Type
- Venture capital firm
Focus markets
- Fintech
- Blockchain
- Gaming
- Healthcare
- Cybersecurity
- Logistics
- Education
What LAUNCHub offers
- Early-Stage Venture Capital Investment
- Seed and Pre-Seed Funding
- Series A and Beyond Fundraising Support
- Startup Strategic Advisory Services
- Entrepreneurial Mentorship Services
- Portfolio Company Network Access Services
- Investor Readiness Development Services
- Sustainable Finance Advisory Services
Questions
LAUNCHub: frequently asked questions
How many companies has LAUNCHub invested in?
36 venture-backed companies on VCMC, across 43 funding rounds.
What are LAUNCHub's most valuable private companies?
Northwood ($685M), BCB Group ($455M), FintechOS ($287M), by VCMC's valuation.
What was LAUNCHub's latest investment?
Veridion, a Series A round in Sep 2026 of $20M.
Which stages does LAUNCHub invest in?
LAUNCHub invests most often at seed (17 rounds), followed by Series A (16) and Series B (5). It has also joined 4 pre-seed and 1 Series C and later rounds.
What is LAUNCHub's portfolio worth?
Its private companies with a VCMC valuation are worth $3.4B together. That is the sum of the companies' values, not what LAUNCHub owns.
Who does LAUNCHub invest alongside?
Norwest (5 rounds), GapMinder (5 rounds), Founders Fund (5 rounds).