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LAUNCHub is a microventure capital firm in Bulgaria that focuses on investing in digital startups. Founded 2012 in Grad Sofiya, Bulgaria, it invests in seed, series A, convertible notes, and grants. Its portfolio companies include Cleanshelf, Leanplum, Charlie Finance, ProsFit, and Transmetrics. As of April 2020, LAUNCHub Ventures has made 133 investments. Their most recent investment was on March 12, 2020, when Cleanshelf raised $8M. LAUNCHub Ventures has had four exits, the most notable of which include Cloudpipes, codebender, and BGMENU.com. The company has raised two funds, their latest being LAUNCHub Ventures Fund II. This fund was announced on December 12, 2016 and raised a total of €18M.