Bulgarian venture capital (VC) fund New Vision 3 (NV3) said it has injected a total of 3 million euro
($3.2 million) into seven local pre-seed startups to boost their innovation, efficiency and scalability.
The VC fund has also invested an additional 1 million euro to further stimulate the growth and
development of its portfolio companies Paperfin, open banking platform Iris Solutions and
refurbished phone marketplace Swipe.bg, NV3 said in a statement on Wednesday.
By supporting the seven new startups, the fund seeks to foster innovation, attract further capital
and drive progress and advancement across the regional ecosystem. NV3 invests in startups and
growth-stage companies in the fintech, AI, blockchain and shared economy sectors.
With this round of funding, NV3 has closed its investment period, it said.
Source: https://seenews.com/news/bulgarias-nv3-backs-seven-new-startups-reinvests-in-portfolio-firms-
849307
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