- CEO
- Nikolay Angelov Martinov
- Sector
- Technology services
- Industry
- Packaged software
- Address
- Sofia Bulgaria
- Business
- ImPulse I AD is a Bulgaria-based investment and venture capital firm that specializes in growth equity, private equity, and public market asset management across Southeastern Europe. Founded in 2021 and headquartered in Sofia, Bulgaria, the company focuses on deploying capital into technology-driven, innovative growth-stage businesses as well as mature, dividend-distributing public companies. ImPulse I AD structures its operations around two principal investment strategies: ImPulse Growth, which provides growth capital and venture financing to private companies operating in software development, the Internet of Things, telecommunications, logistics tech, cybersecurity, biotechnology, and green technology; and ImPulse Dividend, which acquires equity stakes in established, cash-generative publicly traded companies on the Bulgarian Stock Exchange to deliver recurring dividend returns. The company provides a comprehensive range of investment and capital solutions, including direct equity financing and minority growth equity stakes; venture capital investments for innovative regional startups; syndicated co-investments alongside institutional venture funds and angel syndicates; portfolio management and dividend yield monetization programs; and value-added portfolio support services, such as corporate governance consulting, financial restructuring, cross-border market expansion advisory, and initial public offering advisory for investee firms.
Geographically, ImPulse I AD primarily targets enterprises situated in Bulgaria with scalable international operations extending into broader European, American, and Asian markets. In recent developments, ImPulse I AD executed a strategic up-listing of its shares from the Bulgarian Stock Exchange BEAM growth segment to the regulated BSE Main Market to improve liquidity, enhance transparency, and broaden its institutional shareholder base. Within the last two years, the company has completed multiple capital increase rounds and rights issues to fund portfolio expansion; increased capital allocations to market-leading holdings in smart home automation, enterprise software engineering, and cargo drone logistics; executed strategic rebalancing through profitable partial exits in mature holdings to fund investments in AI-enabled enterprise solutions and cloud storage; and implemented enhanced co-investment frameworks to accelerate cross-border scaling for Southeastern European technology leaders.