LAUNCHub Ventures

LAUNCHub Ventures is a venture capital firm established in 2012 and headquartered in Sofia, Bulgaria. It specializes in early-stage investments, targeting technology startups in the Seed and Series A funding stages primarily located in Central and Southeastern Europe. The firm focuses on ambitious founders and scalable businesses with initial traction, providing initial investments ranging from €300K to €2M, with the capacity to lead funding rounds up to €4M. LAUNCHub Ventures emphasizes not only financial support but also active partnership with portfolio companies, assisting them in achieving their milestones and securing subsequent funding through programs like their 'Series A academy'. The firm has played a significant role in enhancing the startup ecosystem in the CEE region and has attracted attention from major venture capital firms in Europe and the United States.

Lyuben Belov

Managing Partner and Founding Partner

Todor Breshkov

Co-Founder and Managing Partner

Irina Dimitrova

CFO

Stephane Gantchev

Partner

Rumen Iliev

Partner

Stanislav Sirakov

General Partner

Mario Stoev

Investor

Petar Tsachev

Principal

Raya Yunakova

Investor

Past deals in Greece

Ferryhopper

Series B in 2022
Ferryhopper is an online ferry booking platform that simplifies island-hopping in Greece and beyond. It offers users access to a comprehensive network of over 160 ports in Greece, Italy, and Turkey, allowing for easy planning of ferry trips. The platform enables travelers to book tickets quickly, compare prices, and secure the best fares effortlessly. Unique to Ferryhopper is its ability to provide both direct and indirect connections, making it the first platform to facilitate multi-destination travel in this way. Additionally, it allows users to purchase multiple tickets in a single transaction, enhancing the convenience of planning island-hopping itineraries. With features like e-ticket integration and an upgraded user experience, Ferryhopper aims to deliver a seamless ferry travel solution.

Ferryhopper

Series A in 2020
Ferryhopper is an online ferry booking platform that simplifies island-hopping in Greece and beyond. It offers users access to a comprehensive network of over 160 ports in Greece, Italy, and Turkey, allowing for easy planning of ferry trips. The platform enables travelers to book tickets quickly, compare prices, and secure the best fares effortlessly. Unique to Ferryhopper is its ability to provide both direct and indirect connections, making it the first platform to facilitate multi-destination travel in this way. Additionally, it allows users to purchase multiple tickets in a single transaction, enhancing the convenience of planning island-hopping itineraries. With features like e-ticket integration and an upgraded user experience, Ferryhopper aims to deliver a seamless ferry travel solution.

Codebender

Convertible Note in 2015
codebender is an online development and collaboration platform tailored for Arduino users, makers, and engineers. Founded in 2013 and based in Greece with an additional office in the United States, the platform enables users to code, compile, and program embedded hardware devices directly through their web browser, eliminating the need for local software installations. This cloud-based solution facilitates the development of interactive devices, IoT hardware, and innovative gadgets while simplifying collaboration among users. With features that allow users to connect Arduino devices via USB or program them remotely, codebender supports project sharing, searching, and cloning, making it a valuable tool for hobbyists and professionals alike.

Codebender

Seed Round in 2014
codebender is an online development and collaboration platform tailored for Arduino users, makers, and engineers. Founded in 2013 and based in Greece with an additional office in the United States, the platform enables users to code, compile, and program embedded hardware devices directly through their web browser, eliminating the need for local software installations. This cloud-based solution facilitates the development of interactive devices, IoT hardware, and innovative gadgets while simplifying collaboration among users. With features that allow users to connect Arduino devices via USB or program them remotely, codebender supports project sharing, searching, and cloning, making it a valuable tool for hobbyists and professionals alike.

Codebender

Seed Round in 2014
codebender is an online development and collaboration platform tailored for Arduino users, makers, and engineers. Founded in 2013 and based in Greece with an additional office in the United States, the platform enables users to code, compile, and program embedded hardware devices directly through their web browser, eliminating the need for local software installations. This cloud-based solution facilitates the development of interactive devices, IoT hardware, and innovative gadgets while simplifying collaboration among users. With features that allow users to connect Arduino devices via USB or program them remotely, codebender supports project sharing, searching, and cloning, making it a valuable tool for hobbyists and professionals alike.

Codebender

Seed Round in 2013
codebender is an online development and collaboration platform tailored for Arduino users, makers, and engineers. Founded in 2013 and based in Greece with an additional office in the United States, the platform enables users to code, compile, and program embedded hardware devices directly through their web browser, eliminating the need for local software installations. This cloud-based solution facilitates the development of interactive devices, IoT hardware, and innovative gadgets while simplifying collaboration among users. With features that allow users to connect Arduino devices via USB or program them remotely, codebender supports project sharing, searching, and cloning, making it a valuable tool for hobbyists and professionals alike.
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