Innovation Capital

What is Innovation Capital?

Innovation Capital is a venture capital firm headquartered in Paris, France, boasting an additional office in Palo Alto, California. This investor primarily targets the innovation healthcare services and information technologies sectors in Europe, guiding ventures and growth investments from inception to maturity.

With a particular focus on the Bulgarian market, Innovation Capital operates a EUR 21.1 million venture capital fund, dedicated to nurturing high-potential startup and scale-up businesses through professional innovation management. They strive to scale these enterprises, promote integration with established international companies, and establish Bulgaria as a hub for disruptive and scalable innovation.

Innovation Capital manages an array of investment tracks, including Acceleration, Pre-Seed, and Seed stages, supporting companies from the idea stage to early growth phases, with potential equity investments ranging from EUR 25,000+ for nascent startups to up to EUR 1,000,000 for companies in their early growth stage pursuing internationalization.

The investment criteria necessitate applicants to demonstrate commercial traction, successful sales, a growing user base, a clear unfair advantage of their business model, high ambitions for growth, and a strong pipeline backed by an experienced team.

Furthermore, Innovation Capital has delineated priority industries encompassing enterprise software, e-commerce, financial services, education, automotive, transport, logistics, healthcare, entertainment, media, food, FMCG, security, cybersecurity, and travel. Their approach is grounded in an exhaustive review of incoming requests for future investment opportunities, aligning with the Operational Programme for Innovation and Competitiveness 2014-2020 managed by the Fund Manager of Financial Instruments in Bulgaria. The team's efforts are aimed at fostering ecosystem transformations and supporting the integration of local companies with global innovation leaders.

What they say:

We are a pre-seed and seed stage venture fund with an acceleration program, primarily focusing on Eastern Europe.

What we look for: We invest in a wide range of sectors.