{"id":29669,"date":"2022-02-14T15:37:23","date_gmt":"2022-02-14T13:37:23","guid":{"rendered":"https:\/\/investsofia.com\/en\/?p=29669"},"modified":"2022-02-18T15:21:47","modified_gmt":"2022-02-18T13:21:47","slug":"sofia-city-news-20","status":"publish","type":"post","link":"https:\/\/investsofia.com\/en\/sofia-city-news-20\/","title":{"rendered":"Sofia City News"},"content":{"rendered":"<div id=\"modal-ready\"><p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\"size-medium wp-image-29670 alignright\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2022\/02\/kompanii.ae_.-300x300.png\" alt=\"\" width=\"300\" height=\"300\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2022\/02\/kompanii.ae_.-300x300.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2022\/02\/kompanii.ae_.-1024x1024.png 1024w, https:\/\/investsofia.com\/wp-content\/uploads\/2022\/02\/kompanii.ae_.-150x150.png 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2022\/02\/kompanii.ae_.-768x768.png 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2022\/02\/kompanii.ae_.-600x600.png 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2022\/02\/kompanii.ae_.-146x146.png 146w, https:\/\/investsofia.com\/wp-content\/uploads\/2022\/02\/kompanii.ae_.-50x50.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2022\/02\/kompanii.ae_.-75x75.png 75w, https:\/\/investsofia.com\/wp-content\/uploads\/2022\/02\/kompanii.ae_.-85x85.png 85w, https:\/\/investsofia.com\/wp-content\/uploads\/2022\/02\/kompanii.ae_.-80x80.png 80w, https:\/\/investsofia.com\/wp-content\/uploads\/2022\/02\/kompanii.ae_.-400x400.png 400w, https:\/\/investsofia.com\/wp-content\/uploads\/2022\/02\/kompanii.ae_.-800x800.png 800w, https:\/\/investsofia.com\/wp-content\/uploads\/2022\/02\/kompanii.ae_..png 1080w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>With public resource, contributed by the Fund of Funds, and additional private capital, <\/span><a href=\"https:\/\/www.fmfib.bg\/en\/news\/185-s-finansova-podkrepa-ot-fond-na-fondovete-%E2%80%9Evitosha-venchar-partnars%E2%80%9C-investira-v-oshte-8-balgarski-startirashti-kompanii\"><span style=\"font-weight: 400;\">Vitosha Venture Partners Fund to invest in eight new companies<\/span><\/a><span style=\"font-weight: 400;\">. Seven of them are Sofia-based startups. The supported local projects are: Elka.Bg and its software that compares\u00a0 electricity suppliers, Dexicon and the platform for fast and cheap creation of mobile applications with no professional experience needed from the users, Noviotic and its probiotic products, Info Smart and the platform for subscription for content by experts in health, beauty and personal development and self improvment, Opto Smart Solutions &#8211; the mobile app for ophthalmologists, Softmedline and the platform connecting healthcare specialists with patients, and Black Sea Film &#8211; an innovative media production company for home entertainment and series. The investments range from BGN 176,000 to over BGN 1 million, which the startup companies will use for prototyping, laboratory activities, product development and marketing. The total value of the investments amounts to BGN 3.1 million, of which BGN3 million are public funds from the Fund of Funds under the Operational Program &#8220;Innovation and Competitiveness&#8221; 2014-2020. find here.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">The Bulgaria and U.K. based online casino game developer <\/span><a href=\"https:\/\/gan.com\/news\/gan-announces-acquisition-of-silverback-gaming\"><span style=\"font-weight: 400;\">Silverback Gaming becomes part of the American GAN Limited<\/span><\/a><span style=\"font-weight: 400;\"> &#8211; a leading provider of SaaS solutions for online gaming and betting. Silverback Gaming develops casino games. It is headquartered in Sofia and has a second office in London. Among the studio&#8217;s proven titles are Aztec LuckTM and Mystery StacksTM, currently distributed across European regulated markets to more than 100 B2C operators of iGaming. Silverback is soon to launch four new titles. With the acquisition of the Sofia-based company, GAN aims to increase the number and variety of interactive slot games in its portfolio and reach more customers in the US and Europe.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">LatticeFlow announced its plan to open an office in Sofia. The Zurich-based startup plans to hire a team of 50 experts in the next two years. LatticeFlow is a spin-off of ETH Z\u00fcrich (Swiss Federal Institute of Technology), founded by two Bulgarian researchers. The company focuses on safe and secure artificial intelligence systems. LatticeFlow\u00a0 was founded in 2020 and has raised $ 2.8 million in fundingin 2021. LatticeFlow recently became <\/span><a href=\"https:\/\/www.top100startups.swiss\/\/The-TOP-Swiss-ICT-Startups-2021\"><span style=\"font-weight: 400;\">one of the Top 3 AI startups<\/span><\/a><span style=\"font-weight: 400;\"> in Switzerland. &#8220;We are excited to expand our engineering team to Sofia, a home of top tech talent offering an incredible opportunity for faster team growth,&#8221; the company said in a statement. The experts in the Sofia office will work on an easy-to-use and widely applicable ML (machine learning) platform, including product design and UX, software development and more. Find out more about the company <\/span><a href=\"https:\/\/latticeflow.ai\/\"><span style=\"font-weight: 400;\">here<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/gtmhub.com\/blog\/gtmhub-raises-120-million-series-c-largest-funding-round-in-the-okrs-software-space\"><span style=\"font-weight: 400;\">Gtmhub raised $120 million<\/span><\/a><span style=\"font-weight: 400;\"> in funding. This time, the investment comes entirely from foreign VCs. The round is led by Index Ventures with Visionaries Club and returning investors Insight Partners, Singular and CRV. The company will use the resource to scale, consolidate and increase market positions. Gtmhub is headquartered in Sofia and has teams in Denver, London, Berlin and Paris. The company&#8217;s SaaS product is based on automatic collection of data within a company and real-time measurement of performance indicators related to specific goals.<\/span><\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>With public resource, contributed by the Fund of Funds, and additional private capital, Vitosha Venture Partners Fund to invest in [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":29667,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.14 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Sofia City News | Sofia Investment Agency<\/title>\n<meta name=\"description\" content=\"With public resource, contributed by the Fund of Funds, and additional private capital, Vitosha Venture Partners Fund to invest in eight new companies.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/investsofia.com\/en\/sofia-city-news-20\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sofia City News | Sofia Investment Agency\" \/>\n<meta property=\"og:description\" content=\"With public resource, contributed by the Fund of Funds, and additional private capital, Vitosha Venture Partners Fund to invest in eight new companies.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/investsofia.com\/en\/sofia-city-news-20\/\" \/>\n<meta property=\"og:site_name\" content=\"Sofia Investment Agency\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/SofiaInvestmentAgency\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-02-14T13:37:23+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-02-18T13:21:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/investsofia.com\/wp-content\/uploads\/2022\/02\/biznes.sofia_.bg_-1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1080\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Georgi Brezin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@InvestSofia\" \/>\n<meta name=\"twitter:site\" content=\"@InvestSofia\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Georgi Brezin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/investsofia.com\/en\/sofia-city-news-20\/\",\"url\":\"https:\/\/investsofia.com\/en\/sofia-city-news-20\/\",\"name\":\"Sofia City News | Sofia Investment Agency\",\"isPartOf\":{\"@id\":\"https:\/\/investsofia.com\/#website\"},\"datePublished\":\"2022-02-14T13:37:23+00:00\",\"dateModified\":\"2022-02-18T13:21:47+00:00\",\"author\":{\"@id\":\"https:\/\/investsofia.com\/#\/schema\/person\/f3a4aa57eeb0d1c8a5c3d3221bad0fd0\"},\"description\":\"With public resource, contributed by the Fund of Funds, and additional private capital, Vitosha Venture Partners Fund to invest in eight new companies.\",\"breadcrumb\":{\"@id\":\"https:\/\/investsofia.com\/en\/sofia-city-news-20\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/investsofia.com\/en\/sofia-city-news-20\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/investsofia.com\/en\/sofia-city-news-20\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"\u041d\u0430\u0447\u0430\u043b\u043e\",\"item\":\"https:\/\/investsofia.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Sofia City News\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/investsofia.com\/#website\",\"url\":\"https:\/\/investsofia.com\/\",\"name\":\"Sofia Investment Agency\",\"description\":\"We support local and foreign companies in building their business in Sofia, Bulgaria. 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