Svetozar Georgiev's edge comes from repeatable entrepreneurial know-how built while scaling Telerik, and he focuses on helping startups with structuring, market strategy, and customer development once they have found product-market fit. He believes success should be passed on to the next wave of founders through real programs and methodology rather than just physical proximity, and he tries to live this out through structured resilience, balancing ambition with family and health.
About their Fund
Eleven Ventures
Sectors
Fintech, Health, Future of Work, Food & Ag, Climate
Rounds
Pre-Seed - Seed
Avg Check Size
€300K–€1M
Notable Investments
Eleven Ventures is one of Bulgaria's first startup funds, founded in 2012 as an accelerator to help build the Bulgarian and Southeast European startup ecosystem for founders in the region, and it is funded by more than 80 tech and industrial entrepreneurs from CEE rather than typical institutional investors. It runs programs like the Visa Innovation Program Europe with Visa and the Elevate university accelerator with AUBG, and its portfolio includes early support for Bulgaria's first unicorn, Payhawk, as well as less conventional bets like the cargo-drone airline Dronamics.
Other partners at the fund
Notable Fund
Investments
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Sheets they're in
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Sheets they're Fund is in
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Popular Investors
investor name
Active in
Rounds
Avg. Check
Links
Deeptech / Hardware
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Robotics
Biotech
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12
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Unknown
Pre-Seed - Seed
Unknown
$400K - $2M
Unknown
Defense
Deeptech / Hardware
Energy
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7
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Unknown
Pre-Seed - Series A
Unknown
$100K - $5M
Unknown
Defense
Deeptech / Hardware
Energy
+
7
View more in profile...
Unknown
Pre-Seed - Series A
Unknown
$100K - $5M
Unknown
Biotech
Health
Deeptech / Hardware
+
2
View more in profile...
Unknown
Pre-Seed - Seed
Unknown
$250K - $2M
Unknown
Climate
Deeptech / Hardware
Materials
+
4
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Unknown
Pre-Seed - Seed
Unknown
$400K - $1.5M
Unknown
Deeptech / Hardware
Robotics
Biotech
+
7
View more in profile...
Unknown
Pre-Seed - Seed
Unknown
$400K - $2M
Unknown
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Deeptech / Hardware
Robotics
Biotech
+
2
View more in profile...
Unknown
Pre-Seed - Seed
Unknown
~$750K
Unknown
Fintech
Deeptech / Hardware
Devtools
+
2
View more in profile...
Unknown
Pre-Seed - Series A
Unknown
$250K-$1M
Unknown
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