Bitloops raises €1M in pre-seed funding led by Eleven Ventures to enhance AI-powered developer tools for frontend engineers

Bitloops, a Greek-Cypriot startup building an AI-powered development platform for frontend engineers, has raised €1M in pre-seed funding led by Eleven Ventures with participation from Corallia Ventures and several angel investors. Eleven Ventures shared the news with AIN.

About Bitloops 

• Bitloops is a Greek startup with teams in Athens and Nicosia, founded by Vasilis Danias and Sergio Pereira. The company focuses on creating AI-powered developer tools to help software engineers build applications faster and more efficiently. 

• By combining AI research with hands-on software development experience, Bitloops bridges the gap between design and production code quality, aiming to enhance workflows and raise code standards for development teams worldwide.

“Generic AI tools such as ChatGPT or even code editors such as Cursor or Windsurf can help with snippets or quick fixes, but they don’t deliver the 10x leap in productivity that frontend developers need – especially when it comes to structured, design-accurate, production-ready code. Bitloops changes that. Developers can now achieve results that are 95% perfect in just minutes instead of hours – without sacrificing quality, structure, or design fidelity. It’s not only about very significant productivity gains, it’s also about finally being able to build without compromise,” said Vasilis Danias, Co-Founder of Bitloops.

Investment details

The round was led by Eleven Ventures with participation from Corallia Ventures and several angel investors.

• Eleven Ventures is a Sofia-based CEE early-stage venture capital firm. Its investments typically range from €250,000 to €1 million, with potential for follow-on funding up to €2.5 million.

• Eleven Ventures supports tech companies in Fintech, Healthcare, Future of Work & AI, and Climate & Sustainability, with standout portfolio companies including LAM’ON, Outfindo, and Native Teams.

• Corallia Ventures is a venture capital fund for early stage, high potential, tech transfer startups based in Greece, unveiling disruptive and untapped technologies in the research and innovation ecosystem, empowering innovators to build high impact, tech transfer startups, where they raise their first funding.

Fresh funding will help Bitloops improve how teams turn Figma designs into high-quality, scalable, and maintainable code while maintaining engineering standards.