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

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

18 steps to government: What did the parties decide after a week of negotiations?
Cabinet talks led by election winner We Continue the Change run smoother than the previous two attempts, but difficult steps still have to be taken