Bulgaria: Tech growth amidst global competition

Bulgaria: Tech growth amidst global competition

Software Group

Industry: Fintech
Amount raised in 2023: €9.5M

Software Group is a global technology company specialized in digitalization and integration solutions for financial service providers with a vision to accelerate financial inclusion by creating cutting-edge technology solutions.

The company provides innovative software and services designed to help financial institutions, fintech companies, and other organizations digitize their operations, enhance customer experience, and expand their reach.

Their mission is to empower organizations to achieve greater efficiency, security, and accessibility, thereby fostering financial inclusion and contributing to economic development worldwide.

3

TokWise

Industry: Software
Amount raised in 2023: €3M

TokWise platform serves renewable producers, green energy suppliers, commercial and industrial prosumers, aggregators, and traders.

As the share of renewable energy supply grows, energy markets face heightened volatility, characterized by lower average prices and higher peak prices.

To address this issue, TokWise’s platform enables power producers to connect their assets directly to power exchanges. This empowers them to manage the buying and selling of electricity, mitigating risks associated with the volatile energy market.

4

Badu

Industry: E-commerce
Amount raised in 2023: €2.6M

Badu.bg is a trading platform where traders from Bulgaria and around the world offer their products.

The company’s goal is to establish the largest trade network in Bulgaria, providing an extensive range of products to satisfy even the most discerning buyers. Badu empowers merchants to boost their sales with minimal effort.

Badu’s vision is to create a one-stop shop for all buyer’s needs, simplifying the buying and selling process by reducing merchant costs and consequently lowering the prices of their favorite products.

5

Evrotrust Technologies

Industry: Legal
Amount raised in 2023: €2.5M

Evrotrust Technologies is a leading provider of digital identity and trust services, specializing in secure electronic signatures and remote identity verification.

The company’s innovative platform offers seamless and legally compliant digital solutions for businesses and individuals, enhancing security and efficiency in online transactions.

Committed to driving digital transformation, the company empowers clients to conduct secure and convenient digital interactions in an increasingly connected world.

6

Nasekomo

Industry: Agritech
Amount raised in 2023: €2.5M

Nasekomo is an innovative biotechnology company specializing in sustainable insect farming.

By leveraging the power of black soldier fly larvae, Nasekomo transforms organic waste into high-quality protein and fertilizer, promoting a circular economy.

The company’s cutting-edge technology and environmentally friendly processes address global challenges such as food security, waste management, and resource sustainability.

7

Transmetrics

Industry: Logistics
Amount raised in 2023: €2.5M

Transmetrics is a pioneering company specializing in predictive analytics and AI-driven solutions for the logistics industry.

By harnessing the power of big data and machine learning, Transmetrics optimizes supply chain operations, enhances efficiency, and reduces costs for logistics providers.

The company’s advanced platform enables precise demand forecasting, efficient capacity utilization, and proactive decision-making, leading to improved service levels and sustainability.

8

Hydrogenera

Industry: Energy
Amount raised in 2023: €2M

Hydrogenera is an innovative company focused on advancing hydrogen technology and promoting sustainable energy solutions.

Specializing in the development and deployment of hydrogen production, storage, and distribution systems, Hydrogenera aims to accelerate the transition to a clean energy future.

The company’s cutting-edge solutions cater to various industries, including transportation, power generation, and industrial applications.

9

Cupffee

Industry: Food
Amount raised in 2023: €1.8M

Cupffee is a company that has innovated in the food and beverage industry by creating edible coffee cups.

Founded with a focus on sustainability and reducing single-use plastic waste, Cupffee produces eco-friendly cups made from natural grain products. These cups are not only biodegradable but also add a unique and enjoyable experience for consumers, as they can be eaten after finishing their drink.

The company’s mission is to offer an environmentally conscious alternative to disposable cups, contributing to a more sustainable future.

10

nPloy

Industry: HR
Amount raised in 2023: €1.8M

nPloy is a cutting-edge technology company specializing in workforce management solutions.

Founded with a vision to revolutionize how businesses optimize their human resources, nPloy offers a suite of tools designed to streamline recruitment, scheduling, and employee engagement.

Through innovative software and AI-driven analytics, nPloy empowers organizations to make smarter decisions, reduce operational costs, and enhance productivity.

Source link : https://tech.eu/2024/08/08/bulgaria-tech-growth-amidst-global-competition/

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Publish date : 2024-08-08 07:00:00

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