
Lyuben Belov
Co-Founding Partner
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- 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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