# Innovation Capital: portfolio, investments and team > Innovation Capital is an accelerator based in Bulgaria. 15 investments on record, latest Jun 2015. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/innovation-capital (Millionrounds; every figure on the page links to its filing or article) Bulgaria · [Investor](https://millionrounds.com/investors) # Innovation Capital Last cheque observed Jun 2015. Silence since then is not evidence of inactivity: our sources miss unannounced rounds. Email Quiet Accelerator Website unconfirmed Pre-seed Seed Series A Startups Follow Innovation Capital and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Finnovation-capital) Cheques on record **0%** of best year **0** **cheques in 12 months**, 15 on record Since the last cheque **4155** days **00** hrs **00** min **00** sec Median round **$11M** Cheque size, as they say **$29K – $1.1M** Rounds led **0 of 15** Exits **1 from the portfolio** Mostly in **France, 60%** Pitch Innovation Capital ## Innovation Capital highlights - 01 15 rounds on record - 02 Mostly Series A and Series B: 53% of its rounds - 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-seed Seed Series A Series 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](https://millionrounds.com/corrections?slug=innovation-capital). ## The record Every round we can evidence, newest first **15 appearances** - **2015** 2 rounds - **Jun** **[Crocus Technology](https://millionrounds.com/company/crocus-technology)** Series E · US **$21M** With 8 others - **May** **[Zesty](https://millionrounds.com/company/zesty)** Series A · GB **$7.2M** With 5 others - **2009** 1 round - **Sept** **[Santen Pharmaceutical](https://millionrounds.com/company/santen-pharmaceutical)** Series D **$22M** With 6 others - **2008** 1 round - **Feb** **[TxCell](https://millionrounds.com/company/txcell)** Series B · FR **$20M** With 4 others - **2007** 1 round - **Dec** **[Santaris Pharma](https://millionrounds.com/company/santaris-pharma)** Series C · DK **$30M** With 7 others - **2006** 1 round - **Apr** **[Santen Pharmaceutical](https://millionrounds.com/company/santen-pharmaceutical)** Series C **$32M** With 5 others - **2004** 3 rounds - **Nov** **[Radio Systemes Ingenierie](https://millionrounds.com/company/radio-systemes-ingenierie)** Series C · FR **$2.6M** With 1 other - **Oct** **[TxCell](https://millionrounds.com/company/txcell)** Series A · FR **$13M** With 4 others - **Sept** **[Santen Pharmaceutical](https://millionrounds.com/company/santen-pharmaceutical)** Series B **$11M** With 4 others - **2003** 3 rounds - **Nov** **[Santen Pharmaceutical](https://millionrounds.com/company/santen-pharmaceutical)** Series A **$5.8M** With 4 others - **May** **[Theradiag](https://millionrounds.com/company/theradiag)** Series B · FR **$10M** With 7 others - **Mar** **[Kaidara](https://millionrounds.com/company/kaidara)** Venture · FR **$4.3M** With 5 others - **2001** 1 round - **Mar** **[Drug Abuse Sciences](https://millionrounds.com/company/drug-abuse-sciences)** Series A · US **$46M** With 6 others - **2000** 2 rounds - **Jan** **[Santen Pharmaceutical](https://millionrounds.com/company/santen-pharmaceutical)** Venture **$3.8M** With 1 other - **Jan** **[Theradiag](https://millionrounds.com/company/theradiag)** Series A · FR **$4.6M** With 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 [Avtoikonom](https://millionrounds.com/company/avtoikonom)[Econicone](https://millionrounds.com/company/econic-one)[Edamam](https://millionrounds.com/company/edamam)[Maplebear](https://millionrounds.com/company/maplebear)[Scala](https://millionrounds.com/company/scala)[Solarsteam](https://millionrounds.com/company/solarsteam)[Tokwise](https://millionrounds.com/company/tokwise) 3dbghub Aidesign Aqualid Artime Askthecp Ayurvedahealing B-invest Bulgarian-stories Bum-bam Byebyestuttering Cardinalbites Cargenta Chillandbite Comacoatelier Coshera Dalivino Dancinggoats Dermico Doggocollar E-drive Easydoc Ecovox-bg Estatepilot Evagene Fabrico Fastbooks Fightscout Gravital Irisbgsf Ivl Krik Metab Mrcase Novatiospace Nuins Paggas Paw2paw Pleggi Pricemind Rebenefit Sappience Shareascoot Shimani Themeatbox Ubitrack Vavakada Whisphealth Yox 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 listed **1 in all** **[Santaris Pharma](https://millionrounds.com/company/santaris-pharma)** Bought by Roche **$450M** Aug 2014 An exit counts when it came after the firm's first round in the company. From historical deal records. ## The cheque Pre-seed Seed Series A Median round joined **$11M** the round, not its cheque Led 0 of 15 rounds **0%** - **Said size:** $29K – $1.1M - **Sole investor:** Never alone - **Last cheque:** Jun 2015 - **Exits:** 1 from the portfolio Rounds by stage said on their site - Series A said *5* - Series B said *3* - Series C *3* - Venture *2* - Series D *1* - Series E *1* - Pre-seed said *-* Cheques by year Led Joined 2000 2015 Often in the room with - [Auriga Partners](https://millionrounds.com/fund/auriga-partners) 10 - [123Venture](https://millionrounds.com/fund/123venture) 4 - [Bpifrance](https://millionrounds.com/fund/bpifrance) 4 - [Edmond de Rothschild Venture Capital](https://millionrounds.com/fund/edmond-de-rothschild-venture-capital) 3 - [Idinvest Partners](https://millionrounds.com/fund/idinvest-partners) 3 - [Omnes](https://millionrounds.com/fund/omnes-capital) 3 **Pitching Innovation Capital?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## 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. [**Auriga Partners** VC firm **10** rounds together](https://millionrounds.com/fund/auriga-partners)[**123Venture** VC firm **4** rounds together](https://millionrounds.com/fund/123venture)[**Bpifrance** Government **4** rounds together](https://millionrounds.com/fund/bpifrance)[**Edmond de Rothschild Venture Capital** Growth equity **3** rounds together](https://millionrounds.com/fund/edmond-de-rothschild-venture-capital)[**Idinvest Partners** Private equity **3** rounds together](https://millionrounds.com/fund/idinvest-partners)[**Omnes** VC firm **3** rounds together](https://millionrounds.com/fund/omnes-capital)[**Seventure Partners** VC firm **3** rounds together](https://millionrounds.com/fund/seventure-partners)[**Sofinnova Investments** VC firm **3** rounds together](https://millionrounds.com/fund/sofinnova-investments)[**Ventech** VC firm **3** rounds together](https://millionrounds.com/fund/ventech)[**Ardian** Private equity **2** rounds together](https://millionrounds.com/fund/ardian)[**Bioam Gestion** VC firm **2** rounds together](https://millionrounds.com/fund/bioam-gestion)[**Groupe Siparex** VC firm **2** rounds together](https://millionrounds.com/fund/groupe-siparex) ## 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. ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=innovation-capital) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=innovation-capital)