Bulgaria · Investor

Innovation Capital

Last cheque observed Jun 2015. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

QuietAcceleratorWebsite unconfirmed

Pre-seedSeedSeries AStartups

Cheques on record
0%of best year0cheques in 12 months, 15 on record
Since the last cheque4155days00hrs00min00sec
Median round$11MCheque size, as they say$29K – $1.1MRounds led0 of 15Exits1 from the portfolioMostly inFrance, 60%
Pitch Innovation Capital

Innovation Capital highlights

  1. 01

    15 rounds on record

  2. 02

    Mostly Series A and Series B: 53% of its rounds

  3. 03

    1 exits from the portfolio

What they do

Type
Accelerator (from a list, unverified)
Cheque size
$29K – $1.1M as they say
Stages
Pre-seedSeedSeries ASeries B
Sectors
Startups
Based in
Sofia, Bulgaria
Cold pitches
Not accepted

A website was listed for this organisation, but we could not confirm it belongs to the firm that wrote these cheques. Either the site never mentions them, or it turned out to be a different company sharing the name. We show neither it nor anything read from it. Tell us the right one.

The record

Every round we can evidence, newest first15 appearances

  1. 2015

    2 rounds

  2. Jun
    Crocus TechnologySeries E · US$21MWith 8 others
  3. May
    ZestySeries A · GB$7.2MWith 5 others
  4. 2009

    1 round

  5. Sept
    Santen PharmaceuticalSeries D$22MWith 6 others
  6. 2008

    1 round

  7. Feb
    TxCellSeries B · FR$20MWith 4 others
  8. 2007

    1 round

  9. Dec
    Santaris PharmaSeries C · DK$30MWith 7 others
  10. 2006

    1 round

  11. Apr
    Santen PharmaceuticalSeries C$32MWith 5 others
  12. 2004

    3 rounds

  13. Nov
    Radio Systemes IngenierieSeries C · FR$2.6MWith 1 other
  14. Oct
    TxCellSeries A · FR$13MWith 4 others
  15. Sept
    Santen PharmaceuticalSeries B$11MWith 4 others
  16. 2003

    3 rounds

  17. Nov
    Santen PharmaceuticalSeries A$5.8MWith 4 others
  18. May
    TheradiagSeries B · FR$10MWith 7 others
  19. Mar
    KaidaraVenture · FR$4.3MWith 5 others
  20. 2001

    1 round

  21. Mar
    Drug Abuse SciencesSeries A · US$46MWith 6 others
  22. 2000

    2 rounds

  23. Jan
    Santen PharmaceuticalVenture$3.8MWith 1 other
  24. Jan
    TheradiagSeries A · FR$4.6MWith 3 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

What they claim to have backed

From their own portfolio page (on their website)

7 of 55 we have independently watched raise

AvtoikonomEconiconeEdamamMaplebearScalaSolarsteamTokwise3dbghubAidesignAqualidArtimeAskthecpAyurvedahealingB-investBulgarian-storiesBum-bamByebyestutteringCardinalbitesCargentaChillandbiteComacoatelierCosheraDalivinoDancinggoatsDermicoDoggocollarE-driveEasydocEcovox-bgEstatepilotEvageneFabricoFastbooksFightscoutGravitalIrisbgsfIvlKrikMetabMrcaseNovatiospaceNuinsPaggasPaw2pawPleggiPricemindRebenefitSappienceShareascootShimaniThemeatboxUbitrackVavakadaWhisphealthYox

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

Exits from the portfolio

Companies it backed that were later bought or listed1 in all

Santaris PharmaBought by Roche$450MAug 2014

An exit counts when it came after the firm's first round in the company. From historical deal records.

Who they invest alongside

The investors most often in the same rounds as Innovation Capital. A count of rooms they were both in, not a relationship either has claimed.

Quick answers about Innovation Capital

What does Innovation Capital invest in?

Innovation Capital invests most often at Series A and Series B (53% of the rounds on record), in sectors such as Startups.

How active is Innovation Capital?

15 investments on record, 0 of them in the last 12 months. The most recent was in Jun 2015.

How big are Innovation Capital's cheques?

The median round it joins is $11M. It says it writes cheques of $29K to $1.1M.

Does Innovation Capital lead rounds?

Rarely, if at all: none of its 15 investments on record names it as the lead.

Where does Innovation Capital invest?

Most of the companies it backs are in France (60%), the United States (20%) and the United Kingdom (10%).

Is Innovation Capital investing now?

No investments in the last 12 months; the latest was in Jun 2015.

Who does Innovation Capital invest alongside?

Most often Auriga Partners (10 rounds together), 123Venture (4 rounds together) and Bpifrance (4 rounds together).

What kind of investor is Innovation Capital?

Innovation Capital is an accelerator based in Sofia, Bulgaria.

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it