DYNAX Invest is a angel syndicate from Bulgaria that focuses on supporting selected startups through investments, fundraising the rest of the funding round and advisory. They focus on European startups, and have done especially many investments in the CEE region.
They are industry-agnostic. Having a tech element is a plus, but not mandatory. They have a strong preference for startups with traction, either revenue or otherwise. In expectional cases, for example a deep tech startup, could be interesting also before traction.
Their team has extensive experience with M&A and investment banking, including fundraising.
They can help find a lead investor, but are not leading rounds themselves. They normally don’t seek a board seat.
Ticket size: €50k-€500k, sweet spot €100k, maximum allocation with follow-on investments €1,000k per company