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Radar · Mobile in Bulgaria

Best Mobile Companies in Bulgaria

The 46 best Mobile companies in Bulgaria in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Cryowar.

46companies tracked
$5.3Mdisclosed funding
0unicorns
6have raised
Sources & further reading
FLIAR INTELLIGENCE · MOBILE × BULGARIA

Our analysis of 127 Mobile companies

$17.0b in tracked funding; 88% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2024.

127companies analysed
88%cloud-native stacks
2024funding peak (by rounds)
17unicorns
2018median founding year

Ranked: Best Mobile companies in Bulgaria

#CompanyDisclosed fundingLast roundStageFounderFoundedTech stackRecent signals
1Cryowar
Provider of blockchain multiplayer game for PC and mobile
$4M57 mo agoFunding RaisedNikolai Petrovich
CEO
2017Proton MailNode.jsTailwind CSS+8—
2Repulse
Game development company based out of Bulgaria
$2M173 mo agoEarly Stage—1997——
3Skiipi
Location tracking and sharing app
$75K155 mo agoDeadpooledIvan Komorcec
Co-Founder
2013——
4Parudi
Mobile game development studio
$34K155 mo agoDeadpooledOana Bratu
Co-Founder
2012——
5Rebellious Software
Video game developer & publisher studio
—98 mo agoSeedPavel Kolev
CEO
2014——
6Bincode Entertainment
Mobile games developer
—126 mo agoDeadpooled—2015——
7AdTapsy
Interstitial and Rewarded Mobile Ad Network Mediation
—147 mo agoDeadpooledBorislav Gizdov
Co-Founder & CEO
2013——
87777gaming
Provider of igaming platform for operators and developers
——UnfundedMilen Ganev
CEO
2020BootstrapRequireJSGSAP+8—

Top 7 Mobile companies in Bulgaria

#1
Funding Raised · Bulgaria · founded 2017 · 5 employees
$3.7Mraised
▾

Provider of blockchain multiplayer game for PC and mobile. Cryowar is a real-time multiplayer skill-based PVP arena NFT game with unique characters and competitive gameplay.

Funding rounds
  • Nov 2021ICO$3.7M
Founders & team
Nikolai PetrovichCEO
Investors
RR2 Capital, Vendetta Capital, Mont Global, GAINS Associates, GD10 Ventures, Yacht Club Capital
#2
Early Stage · Plovdiv, Plovdiv Province · founded 1997
$1.5Mraised
▾

Game development company based out of Bulgaria

Investors
Signia Venture Partners
#3
Deadpooled · Sofia, Sofia City Province · founded 2013
$75Kraised
▾

Location tracking and sharing app

Founders & team
Ivan KomorcecCo-FounderMarko BosiljkovCo-Founder
Investors
Eleven Ventures
#4
Deadpooled · Sofia, Sofia City Province · founded 2012
$33.8Kraised
▾

Parudi was a game development studio based in Bulgaria. The company focused on the development of casual games for mobile platforms and was accepted by Eleven Accelerator Venture Fund in Bulgaria. The company released its first game 'Spot the Number' - a number spotting puzzle game in 2012. The company appears to have closed its operation in January, 2015.

Funding rounds
  • Sep 2013Seed$33.8K
Founders & team
Oana BratuCo-FounderAdrian PasaricaCo-Founder & CEO
Investors
Eleven Ventures
#5
Seed · Sofia, Sofia City Province · founded 2014 · 8 employees
—raised
▾

Rebellious Software is a video game developer & publisher studio. The company specializes in developing core games. Some of the games developed by the company include "World Of Myths" & "Animals At Wars". These games are available on the Mobile, Web & Steam platform.

Funding rounds
  • 2018Seed—
Founders & team
Pavel KolevCEO
Investors
Eleven Ventures, VTI Capital
#6
Deadpooled · Sofia, Sofia City Province · founded 2015 · 2 employees
—raised
▾

Bincode Entertainment is a mobile games developer based in Sofia, Bulgaria. Founded in 2015, the company is developing a RPG mobile game called "Svarog: The Awakening" based on Slavic mythology. The company is planning to make money through in-app purchases and is backed by Eleven accelerator program

Funding rounds
  • Feb 2016Seed—
Investors
Eleven Ventures
#7
Deadpooled · Sofia, Sofia City Province · founded 2013 · 2 employees
—raised
▾

AdTapsy sends ad requests to multiple, premium ad networks to ensure that advertiser finds the best available ad network to serve ads. AdTapsy is mediation platform which support mobile ad networks and allows app publishers to switch ad networks on the fly, reaching the highest eCPM, fill rate and revenue.

Funding rounds
  • May 2014Seed—
Founders & team
Borislav GizdovCo-Founder & CEOBranimir IvanovCo-Founder
Investors
LAUNCHUB
Tech stack
AstroGoogle Font ApiNetlifyCloudflareOpen GraphHttp/3

Funding & investor landscape

$5.3Mtotal disclosed funding
4companies funded
2disclosed rounds
0rounds last 90 days
Most active investors
Eleven Ventures8 rounds
Innovation Capital3 rounds
Basics Capital1 rounds
GAINS Associates1 rounds
GD10 Ventures1 rounds
Investiply Ventures1 rounds
LAUNCHUB1 rounds
Lavender Capital1 rounds
Mont Global1 rounds
RR2 Capital1 rounds

Notable founders

Nikolai Petrovich
CEO · Cryowar
Ivan Komorcec
Co-Founder · Skiipi
Marko Bosiljkov
Co-Founder · Skiipi
Oana Bratu
Co-Founder · Parudi
Adrian Pasarica
Co-Founder & CEO · Parudi
Pavel Kolev
CEO · Rebellious Software
Borislav Gizdov
Co-Founder & CEO · AdTapsy
Branimir Ivanov
Co-Founder · AdTapsy
Prism market signals · Bulgaria · country-scoped Prism corpus, 499,405 docs

Market landscape — 10 sub-themes by coverage

Share of Mobile coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH SIGNALS · Bulgaria

How research on 5G / 6G Networks is moving in Bulgaria

A read on the academic research around 5G / 6G Networks — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 123 Bulgaria-affiliated papers.

research sentiment over time
201420212025
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and softening — the enthusiastic (strongly-positive) share moved 41% → 34% across 2014–2025.
top research entities
  • Institute of Electronics104
  • Technical University of Sofia8
  • Institute of Oceanology2
  • Bulgarian Academy of Sciences2
  • Institute of Biophysics1
leading researchers
Wei Wang · Yunkai Deng · Robert Wang · Liang Zhang · Guangxin Wu · Yashi Zhou · Zhen Chen · Longyong Chen
▲ Breakthroughs41 · 33%
▼ 26%→21% share
▼0.8× share momentum4 median citations29% since 2021mostly methods-led
Breakthroughs are cooling (26%→21% of field), led by Beamforming.
rising sub-themes (early→recent)
  • Beamforming3→6
Landmark UWB Through-Wall Imaging Based on Compressive Sensing · 267 cites
◆ Advancements74 · 60%
▼ 70%→69% share
▲1.0× share momentum1 median citations49% since 2021mostly methods-led
Advancements are cooling (70%→69% of field), led by Beamforming.
rising sub-themes (early→recent)
  • Beamforming12→20
  • Electronic engineering2→7
  • Radar1→5
  • Algorithm1→4
Landmark First Bistatic Demonstration of Digital Beamforming in Elevation With TerraSAR-X as an Illuminator · 55 cites
▼ Concerns6 · 5%
▲ 0%→8% share
1 median citations67% since 2021mostly methods-led
Concerns are rising (0%→8% of field), led by MIMO.
rising sub-themes (early→recent)
  • MIMO4
  • Electronic engineering4
  • Beamforming2
  • Channel (broadcasting)2
  • Phased array2
Landmark Intelligent Reflecting Surfaces at Terahertz Bands: Channel Modeling and Analysis:Channel Modeling and Analysis · 65 cites
RESEARCH HOTSPOTS · Bulgaria

Where 5g 6g is researched across Bulgaria

Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.

Sofia11 · +0.46
Hot · BeamformingOpportunity · Artificial neural network

Common questions

How many Mobile companies are there in Bulgaria?
Radar tracks 46 indexable Mobile companies headquartered in Bulgaria that meet our profile-completeness bar.
What is the total funding raised by Mobile companies in Bulgaria?
The Mobile companies in Bulgaria on this list have raised a combined $5.3M in disclosed equity funding across 4 funded companies.
Which is the highest-funded Mobile company in Bulgaria?
Cryowar is the highest-funded Mobile company in Bulgaria, with $3.7M in disclosed equity funding.
How many Mobile companies in Bulgaria are funded?
4 of the 46 Mobile companies in Bulgaria on this list have disclosed at least one equity funding round.
How many Mobile unicorns are there in Bulgaria?
None of the Mobile companies in Bulgaria on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Bulgaria Mobile companies?
The most active investors in Bulgaria Mobile companies on this list include Eleven Ventures, Innovation Capital, Basics Capital, GAINS Associates, GD10 Ventures.
Rohit KhannaTrends & Stories

Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.

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