For decades, Bulgaria has been a force in technological advancement.
This expertise is not incidental—it is the result of a rigorous academic tradition shaped by Soviet-era mathematical training, strong state investment in technical education, and competitive international participation in informatics.
Bulgaria consistently ranks among the world’s best in mathematical Olympiads, and its research institutions have contributed to advancements in AI, cryptography, and software engineering.
Yet, despite its established position, Bulgaria has been systematically overlooked in global deep tech discourse.
A deep tech legacy that demands continuation
- €1B+ invested in AI and deep tech startups
- 800+ startups, concentrated in SaaS, fintech, and healthtech
- A mature venture capital landscape, with over €1 billion in available investment
- A high-caliber talent base, offering a cost-effective environment for advanced research and development
Bulgaria’s deep tech sector has all the necessary components to operate at the highest level.
Bulgaria’s contributions to deep tech are not incidental; they are the result of a sustained tradition of scientific inquiry and engineering excellence.
During the Cold War, Bulgaria was the primary computing supplier for the Eastern Bloc, accounting for 40% of the region’s personal computer production. The country’s expertise in applied mathematics, cryptography, and artificial intelligence laid the groundwork for today’s strong research institutions and talent pool.
Despite these attributes, Bulgaria has yet to secure its rightful standing among the world’s most recognized deep tech hubs.
A country’s technological reputation is not defined solely by internal progress but by its ability to shape global conversations.
The consequences of inaction
Without assertive positioning, the risks are evident:
Brain drain intensifies, as top researchers and engineers seek recognition elsewhere Investment diverts, flowing to markets with stronger global representation Bulgaria’s role remains secondary, limiting its capacity to shape technological discourse
Bulgaria is already operating at the highest technical standards. The question is whether our ecosystem will command global influence or remain a service provider for economies that do.
Why #BreakingGrounds is a necessary strategic innitiative
Global positioning is neither organic nor accidental. It requires deliberate and sustained engagement with international stakeholders.
This is the objective of #BreakingGrounds: to integrate Bulgaria’s technology sector into high-value global networks and secure its position as a recognized leader.
Since our inception in November 2023, the initiative has delivered measurable outcomes:
600+ high-level meetings between Bulgarian startups and global investors 34% female participation, underscoring the country’s role in inclusive innovation Strategic presence at major forums like WebSummit and Slush, directly influencing Bulgaria’s visibility
