Ecosystem Radar
The community made the news 61 times ... and counting
Ecosystem Radar curates the best reporting on the ecosystem and adds what headlines miss. Context, takeaways, and our angle on what it means for founders, operators, investors, and partners across France and Bulgaria.



Latest Publications
Showing results 1-20 of 61 total.
Vagabond Bulgaria's English Magazine / French ambassador Marie Dumoulin uses a new interview with Vagabond to describe Bulgaria through a diplomatic and cultural lens. Her remarks focus on Sofia’s energy, the country’s heritage, and the intensity of artistic and historical ties between France and Bulgaria.
Tech.eu / Quillon, a Sofia-built AI startup focused on technical accounting and financial reporting, has raised $1.5 million in pre-seed funding and rebranded from Acclara AI. The company is positioning its product around traceability for accountants working under audit and disclosure pressure.
SeeNews / Bulgarian cargo drone developer Dronamics has announced a formal step into Japan. The company is opening Dronamics Japan Holdings and said Asia Air Survey has become its first Japanese investor.
Brussels Times / An extended EU-backed financing scheme is set to put about €210 million into Bulgaria's high-tech ecosystem. Under JEREMIE Bulgaria, the European Investment Fund will oversee the programme through 2035, with a stated focus on SMEs and strategic technology areas.
The Recursive / INSAIT, the Bulgaria-based AI research institute, and Netflix have released VOID, an open-source model for video editing. The tool is designed not only to remove objects from footage, but also to rebuild the scene in a way that accounts for motion, interactions, and environmental change.
EU-Startups / Sofia-based Mandel AI has raised a €3.6 million seed round backed by Y Combinator, Category Ventures, Ritual Capital, e2vc and other Silicon Valley investors and angels. The company builds AI software for supplier coordination and procurement workflows.

March 19, 2026
How EIF-backed capital helped build Bulgaria’s VC market
European Investment Bank / A new EIB story looks back at how EIF support under the JEREMIE programme helped launch Bulgaria’s first venture funds, including Sofia-based LAUNCHub and Eleven. The piece positions that early public backing as a key factor in Bulgaria’s rise as a regional VC hub.
The Recursive / BESCO says it is entering a new phase as Bulgaria's startup ecosystem matures. In an interview with The Recursive, co-CEOs Alexander Nutsov and Mario Milev point to regional expansion, capital access and stronger university-business links as the next priorities.

February 10, 2026
SOF Connect opens renovated Terminal 2 car park at Sofia Airport
The Sofia Globe / SOF Connect, the operator of Vasil Levski Sofia Airport, officially opened the renovated multi-storey covered car park at Terminal 2 on February 10. The project adds capacity, accessibility features and another tangible investment in Sofia’s airport infrastructure.

January 22, 2026
Why the Sofia-Paris Tech Bridge is Open to Everyone
The Recursive / French Tech Sofia positions itself as an open hub linking Bulgaria and France. It focuses on practical introductions, and argues startups must go international early to overcome a small local market.

January 09, 2026
EU-Startups highlights 10 Bulgarian startups to watch in 2026
EU-Startups / EU-Startups has published a new country-focused roundup of 10 Bulgarian startups to watch in 2026. The list brings together recently founded companies headquartered in Sofia and positions the city as the main centre of startup activity in Bulgaria.

November 25, 2025
Puzl CowOrKing adds a new central Sofia workspace
Капитал (Capital) / Puzl CowOrKing has opened a new office space at 58 Alabin Street in Sofia. The site is the company’s third shared workspace overall and its second in the Bulgarian capital, with capacity for up to 180 people.
Reuters / Paris has been named Europe’s leading tech ecosystem on some metrics, according to Dealroom data cited by Reuters. The shift is notable because London still leads on total funding, but Paris is gaining ground on startup value creation and broader ecosystem momentum.
Bulgarian State / government / Sofia Tech Park and INSAIT have been selected for a €90 million project that will establish Bulgaria’s AI factory, BRAIN++, in Sofia. The announcement places Bulgaria among six newly approved EU AI factory hosts under EuroHPC JU.

January 21, 2025
myPOS Expands in France with Acquisition of Toporder
Forbes Bulgaria / Forbes Bulgaria reports that Bulgarian-founded fintech myPOS has acquired Toporder, a French provider of point-of-sale (POS) software. The move marks myPOS’s first acquisition and strengthens its presence in France’s retail, food, and beverage sectors while reinforcing Bulgaria’s role as a fintech innovation hub.

L'express / Scammers exploit AI hype to lure victims into fake trading platforms, promising quick profits. Victims often lose thousands before realizing the deception.

December 12, 2024
Proxiad SEE Leads with ESG in Sustainable IT Services
Tech.eu / Proxiad SEE sets a new ESG benchmark in Southeast Europe’s IT sector, focusing on environmental sustainability, social impact, and transparent governance.

December 04, 2024
Bulgaria's Prospective Eurozone Accession on July 1, 2025
Investor.bg / Bulgaria has a clear opportunity to join the Eurozone on July 1, 2025, contingent upon meeting the Maastricht criteria, including controlling inflation, maintaining fiscal discipline, and ensuring sustainable growth.

November 12, 2024
Top Tech Companies Honored at 2024 SEE ITS Awards in Sofia
Economy.bg / Nine companies were awarded at the 2024 SEE ITS Awards for innovation, sustainability, and excellence in business services across Southeast Europe.

November 02, 2024
TF1’s “90 Enquêtes” Investigates the Rise of Online Scam Syndicates
TF1 / TF1’s investigative show “90 Enquêtes” unveils the scale and tactics of digital scam operations, focusing on how fake SMS messages, phishing links, and fraudulent websites are used to deceive victims in France and beyond. The episode reveals how sophisticated networks, often operating internationally, are stealing millions of euros from individuals through identity theft and financial fraud.
Insights
White Papers
Ecosystem Radar







