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The week: No one wants to work in the government, Geshev is finally out, and tons of water are in

The week: No one wants to work in the government, Geshev is finally out, and tons of water are in

K Insights newsletter 16/06





Monthly Startup News: Gov’t launches startup visas, Eleven introduces Unicorn Deal program, Coffee trading platform Almacena raises 3.5 mln euro

Monthly Startup News: Gov’t launches startup visas, Eleven introduces Unicorn Deal program, Coffee trading platform Almacena raises 3.5 mln euro

Here’s what happened in Bulgaria’s startup ecosystem in October


Bulgaria begins issuing work visas to startups

Bulgaria begins issuing work visas to startups

The initiative provides a fast track for entrepreneurs from abroad to move their innovative businesses to Bulgaria


Bulgarian VC fund Eleven invests 1 million euro in North Macedonia’s startup Native Teams

Bulgarian VC fund Eleven invests 1 million euro in North Macedonia’s startup Native Teams

Native Teams is a work payments platform for freelance and remote workers



Belgian company buys Suite hotel in Sofia to make a hub for working nomads

Belgian company buys Suite hotel in Sofia to make a hub for working nomads

The owner of Melexis Bulgaria, Duchatelet, and his trusted football manager Catherine Mer bought the Suite hotel, located in Sofia’s Studentski Grad district.


The last (Croatian) train to Schengen: Will Bulgaria catch it?

The last (Croatian) train to Schengen: Will Bulgaria catch it?

Two factors will decide whether Sofia will enter the common EU travel space any time soon - an upcoming technical assessment in September and the diplomatic push thereafter


The first Bulgarian unicorn

The first Bulgarian unicorn

Payhawk, the fintech startup founded by Hristo Borissov and Boyko Karadzhov, was valued at 1 billion dollars after a new investment round led by US fund Lightspeed Venture Partners


The steep road to startup visas

The steep road to startup visas

Bulgaria will soon have a working visa for startup entrepreneurs, but one in need of improvements


How big is the fintech sector in Bulgaria?

How big is the fintech sector in Bulgaria?

About 135 companies with over BGN 1.4 billion (EUR 715 million) in revenues are distributed in more than a dozen segments of the fintech industry


The long road to Kiev, still no budget and top 10 IT companies in Plovdiv

The long road to Kiev, still no budget and top 10 IT companies in Plovdiv

How Bulgaria and others helped Russia get to Kiev, still no budget and top 10 IT companies in Plovdiv


The week: The end of golden passports, a new beginning for trains, and the best place in Europe for romance and wine

The week: The end of golden passports, a new beginning for trains, and the best place in Europe for romance and wine

We’re not selling citizenship anymore, we’re buying: trains, batteries and a house in Barcelona?



The week: A smaller Bulgaria, the Macedonian hostages, and an MMA real estate tycoon

The week: A smaller Bulgaria, the Macedonian hostages, and an MMA real estate tycoon

K Insights: Is small necessarily bad, how many tunnels can you dig for 12 bln. levs and what do e-buses and corruption have in common



New investment values Bulgaria’s Payhawk at 570 million dollars

New investment values Bulgaria’s Payhawk at 570 million dollars

San Francisco-based Greenoaks provides half of the fresh funding of 112 million dollars