LAUNCHub Ventures

LAUNCHub Ventures is a Sofia, Bulgaria-based venture capital firm founded in 2012 that focuses on seed-stage technology startups in Southeastern and Central Eastern Europe. The firm typically makes initial investments of €300k to €2M and can participate in rounds up to €4M, supporting portfolio companies beyond capital. It backs scalable early-stage ventures across AI/ML, SaaS, the future of work, proptech, crypto and blockchain, devtools, marketplaces, healthtech, fintech, hardware and robotics, with a preference for founders from SEE and CEE regions who have traction. In addition to funding, LAUNCHub provides hands-on support and programs such as its Series A academy to help companies reach milestones and secure follow-on rounds. The firm aims to grow the CEE startup ecosystem and collaborates with entrepreneurs based in the region and in major global hubs.

Lyuben Belov

Managing Partner

Todor Breshkov

Partner

Irina Dimitrova

Partner

Stephane Gantchev

Partner

Stanislav Sirakov

General Partner

Past deals in North Macedonia

Tesseract Interactive

Seed Round in 2015
Tesseract Interactive, Inc. is an indie game development company based in Skopje, Macedonia, specializing in the creation of video games. The company develops its own game engine and development tools utilizing the .NET and Microsoft XNA frameworks. Tesseract Interactive aims to evoke the nostalgic joy experienced by gamers with classic titles like Pac-Man and Super Mario. Its first game, Excubitor, is designed as a spiritual successor to popular titles such as Aerofighters and Jungle Strike, combining established game mechanics and genres with innovative ideas. By integrating modern technologies and fresh gameplay elements, Excubitor offers a unique gaming experience that revitalizes traditional gaming concepts.

Tesseract Interactive

Seed Round in 2013
Tesseract Interactive, Inc. is an indie game development company based in Skopje, Macedonia, specializing in the creation of video games. The company develops its own game engine and development tools utilizing the .NET and Microsoft XNA frameworks. Tesseract Interactive aims to evoke the nostalgic joy experienced by gamers with classic titles like Pac-Man and Super Mario. Its first game, Excubitor, is designed as a spiritual successor to popular titles such as Aerofighters and Jungle Strike, combining established game mechanics and genres with innovative ideas. By integrating modern technologies and fresh gameplay elements, Excubitor offers a unique gaming experience that revitalizes traditional gaming concepts.
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