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Lyuben Belov
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Lyuben Belov

Co-Founding Partner

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At a glance

Full Name
Lyuben Belov
Title
Founding Partner · Venture Partner
Firm
LAUNCHub Ventures
Firm Type
Early-stage venture capital firm
Investment Stage
Pre-seed, Seed
Check Size
€300K to €3M first checks
Target Company Profile
Tech-first companies founded by CEE founders, wherever they are building globally
Sector Focus
Enterprise software moving from SaaS to AI, AI infrastructure and applications, deep tech, robotics, industrial tech; historical investments also include marketplaces, fintech, health, hardware, crypto/web3, productivity, and future-of-work software
Geographic Focus
Central and Eastern Europe founders; LAUNCHub team presence in Sofia, Zagreb, and Cluj
Location
Sofia, Bulgaria

Background

Lyuben Belov is a Founding Partner and Venture Partner at LAUNCHub Ventures, an early-stage VC firm founded in 2012 and focused on Central and Eastern European founders. LAUNCHub describes itself as a first-check investor that leads pre-seed and seed rounds, with first checks from €300K to €3M.

Before venture capital, Belov was an entrepreneur in Bulgaria’s internet sector. Public profiles describe him as co-founder and CEO of Net Info, founded in 1998, which he led until 2007. Start It Smart’s 2015 event profile says Netinfo was sold to Sanoma International in 2008 for €29 million, calling it one of the largest Bulgarian exits at the time.

At LAUNCHub, Belov is part of a team that emphasizes operator experience: the firm says most of its team founded and scaled technology companies before becoming investors. Its current positioning is as a “decision-maker-only fund” that stays with founders from the first check onward.

Belov is also visible in the web3 angel ecosystem. Daedalus Angels’ public LinkedIn description lists “Lyuben (/lyubenbelov)” as a partner at Launchub.com who has been venture investing in crypto since 2014.

Investment Thesis & Focus

  • LAUNCHub’s current stated thesis is: “The first lead check in the most ambitious CEE start-ups.”
  • The firm says it backs “early-stage VC for CEE founders – wherever in the world they’re building.”
  • LAUNCHub is a generalist fund, but says it has current conviction in “enterprise software moving from SaaS to AI, deep tech, robotics and industrial tech.”
  • It leads pre-seed and seed rounds, with first checks from €300K to €3M.
  • The team’s differentiation is operator-led support: LAUNCHub says most of the team previously founded and scaled companies in the region, and that it is a “decision-maker-only fund.”
  • Belov’s older public Wellfound profile says he helps founders with “consumer behaviour, metrics,” network access, and overcoming obstacles.

Notable Investments

  • AMPECO — EV charging management software for charge-point operators; LAUNCHub says it powers 230K+ charge points globally and has raised $43M.
  • Giraffe360 — LiDAR-powered camera and AI software for real estate media; LAUNCHub says it is used by 10,000+ real-estate professionals and has raised €28M.
  • SplxAI — AI security platform for enterprise AI agents and applications; acquired by Zscaler less than nine months after LAUNCHub’s investment.
  • Lace AI — Revenue automation for home-services companies; LAUNCHub says it processes 25M+ calls per year and raised about $19M.
  • Veridion — AI-powered business data infrastructure tracking 134M+ companies and generating 5B+ data points.
  • Ferryhopper — Ferry booking platform aggregating 330+ ferry operators across 33+ countries.
  • Quantive — Strategy execution and OKR platform; LAUNCHub’s portfolio page lists it as acquired by Workboard in May 2025.
  • FintechOS — AI/no-code platform for financial product operations; LAUNCHub portfolio lists it as Series B.
  • OfficeRnD — Flexible-work and coworking management software; LAUNCHub portfolio lists it as acquired.
  • Centrifuge — Signal lists Belov as an investor in Centrifuge’s April 2024 $15M Series A.

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