We have focused only on the segment of technology startups, which in turn are looking for funding", said the guest.
There is a great potential in Bulgaria on the part of young companies, which, however, face difficulties in finding financing. This opinion was expressed on the air of UpDate on Bloomberg TV Bulgaria by Angel Hadjiev, SeedBlink manager for Bulgaria.
The traditional and most common method of financing in our country is debt financing, but it is tied to collateral. "Here we are talking about full equity financing of start-ups. They can offer a brilliant idea, brilliant prospects for development, but someone must believe in this idea and the team," said Hadjiev.
And he talked about the SeedBlink investment platform, which allows investors to invest in assets that allow diversification of their portfolios, which can not happen if they are not part of an investment fund. "Thus, a large part of these investors can invest their money in private companies before they are listed on the stock exchange. We have focused only on the segment of technology startups, which in turn are looking for funding", said the guest.
The company's initial steps are in Bucharest, but no such platform exists in Central and Eastern Europe. For this reason, after the opening of the office in Bulgaria, it will expand in Greece and the Czech Republic.
"Our development strategy is focused on the added value we can give to startups. Our company is global, and my colleagues work through their computers everywhere and the presence of a physical office does not matter, "said Hadjiev.
And he admits that the war in Ukraine is already affecting the companies the fund works with, and some of them have already hired amazing engineers who have moved their jobs from the war-torn country.
You can watch the whole conversation in the video.
Subscribe to our newsletter