The Startup Ecosystem of Varna
Varna has 41 startups in our sample database. This represents about 10% of Bulgaria’s startups. Varna is the 2nd best startup ecosystem in Bulgaria.
CITY RANKING
In 2024, the startup scene of Varna shows much promise after advancing in the Global Ecosystem Index by 35 spots.
National Ranking
In Bulgaria
Regional Ranking
In Eastern Europe
Global Ranking
Worldwide
In partnership with
Ecosystem
Startup Ecosystem Overview
Startups
Varna Top Startup Industries
22 startups
Ecosystem HealthCheck
Varna Ecosystem Health Check
The health check tables allow you to look at the performance Varna has in each of the parameters that are part of StartupBlink's ranking algorithm. There are five tables, corresponding to the three subscores, the subscore analysis and industry ana...
- Overperformance
- Performance equal to global ranking
- Underperformance
ECOSYSTEM
Browse the startup ecosystem database of Varna
Showing 1 – 20 out of 191783
Become our Varna Ecosystem Partner
Startup Ecosystem Charts
Startup Funding in Varna2017 - 2024
Startup Funding in Varna 2017 - 2024
From 2022 to 2023, startup funding in Varna has decreased by 99.9%. During this period, the number of deals in Varna has decreased by 66.67%. Since 2017, total startup funding in Varna exceeded US$ $8.05M.
Average Funding in 2023
$5.00K
Funding in 2023
$5.00K
Deals in 2023
1
USD
Amount of Funding (USD)
Number of Deals
Ecosystem
The Startup Ecosystem in Varna
Global Rank
Varna is ranked within the top 1000 startup ecosystems globally.
Top Industries
Varna’s startups excel particularly in Software & Data where it ranks 444 and in Social & Leisure, and Edtech. Find out more
Top Cities for Startups in Bulgaria - Ranked by StartupBlink
2024 National Rank  | City | Global Rank |  | | | |
|---|---|---|---|---|---|---|
No Data Available | ||||||
ECOSYSTEM
Why should you join Varna's Startup Ecosystem?
Overview
Within Varna there is an increased attraction for entrepreneurs to set up their startups in industries such as Software & Data, Social & Leisure, Edtech. These three industries represent about 71% of the startups represented on the Startup Ecosystem Map of Varna.
2nd
National Rank
42nd
Regional Rank
Overview
Varna is Bulgaria's 2nd best startup ecosystem and is ranked 42nd in Eastern Europe. With a population of 0.1M - 0.5M people, Varna is ranked 619th in the world. The city has some notable startup success stories including Columbo.
ECOSYSTEM
Startup Infrastructure in Varna
Accelerators
Coworking Spaces
BLOG
Recent Posts
Thu Mar 06 2025
The Impact of Government Support on Startups
A robust startup ecosystem creates a sense of community that brings entrepreneurs together and helps them feel less isolated. It gives them access to mentors, advisors, fellow entrepreneurs, and talents. The foundation of such an ecosystem largely relies on government support. Good policies create a fair and supportive environment that helps startups grow. Bad policies […]
Thu Feb 20 2025
Learning from Bulgaria: Stakeholder Engagement in Startup Ecosystems
In this episode of the Startup Ecosystem Podcast, we’re traveling back in time by revisiting an old recording to explore the state of Bulgaria’s startup ecosystem in 2022. This episode features an interview by Eli David Rokah, CEO of StartupBlink, with Momchil Vassilev, the Managing Director of Endeavor Bulgaria, discussing how different stakeholders’ engagement in […]
Wed Feb 12 2025
Top Cities & Countries for Foodtech Startups
Our new report, Winners in the Foodtech Startup Industry, highlights the top 20 countries and 40 cities leading worldwide in the full report. Additional data on 195 cities and 33 countries is available to StartupBlink Pro users. Using extensive data from sources like Semrush and Crunchbase, this report uncovers the leading ecosystems, most promising startups, […]