i5invest goes to Bulgaria

Share this publication

i5invest is expanding its corporate development services to Bulgaria, now reaching 5 locations across Europe and the US. Following 4 years of rapid development and multiple cross-border success stories, establishing presence Bulgaria is a strategic step for solidifying exposure to IT and Tech companies from the region.

“Bulgaria is a market we have been watching already for some years and we decided to put a foot on the ground with a local presence, join the emerging local ecosystem and support tech companies in the growth phase”, Herwig Springer, CEO of i5invest. “Bulgaria has excellent IT specialists and a vibrant tech cluster. Both tech transactions and foreign investments in R&D point towards intense Tech activity and we at i5invest are very happy to work more with the region”, Georgi Natchev, Bulgaria lead i5invest.

Our presence

We will open an office in cooperation with Simbula, a leading corporate finance consultancy. Simbula is the perfect partner for i5invest thanks to the well-established practice, extensive corporate finance experience, exposure to digital businesses and its global mindset. Together with Simbula, we integrate into the local ecosystem, leverage our expertise and help IT and Tech champions go global.


Bulgaria is an exciting country, with ancient history, rich heritage, great nature, and a buzzing international cultural mix. The recent years have been marked by great leaps in Startups, IT, and Tech in line with increasing foreign investments and expenditure. Many big-name global players are showing increasing interest in setting up sizeable IT R&D and Development centers. Further, multiple business accelerators, investment bodies, and coworking spaces have emerged, while the local community is growing thanks to increasing number of conferences, events, and educational initiatives. In 2018 the Global Innovation Index placed Bulgaria 3rd for innovation achievements, following China (1st) and Malaysia (2nd)*. In 2017 report on Global Services Location**, Bulgaria scored the 2nd best place for outsourced and Tech-related services in Europe just after Poland (1st). Recent developments and the geographic position between five neighboring countries are turning Bulgaria into a local technological hub. i5invest is happy is looking forward to working with many of the exciting IT and Tech companies from Bulgaria and region.

About i5invest

i5invest a group of serial entrepreneurs, business angels and corporate development experts in the tech space in Europe and the US committed to long-term partnerships with vast experience in scaling and exiting international tech companies. We help IT and Tech companies in the scale-up phase to find the right investors and strategic partners globally. With offices in Silicon Valley, Austria, Netherlands, Switzerland and now Bulgaria, i5invest features an excellent network spanning from Europe to the USA and Asia. With our strong vertical focus, deep-domain expertise and active network with all the major Tech players globally we are perfectly positioned to help in the scale-up phase.


Georgi Natchev, Bulgaria lead i5invest g.natchev@i5invest.com
Herwig Springer, CEO i5invest h.springer@i5invest.com

Previous Post
Upcoming Financing Operational Programme “Innovation and Competitiveness” 2014-2020
Next Post
Leaders in Innovation Fellowships Programme (LIF 5).
Read more
Skip to content