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Top 5 Climate VC Funds & Investors in Croatia (August 2026)

The most active venture capital funds investing in Croatia Climate startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Croatia Climate startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Fil Rouge Capital (FRC)
VC Fund
7 Croatia, Slovenia, United Kingdom Seed, Pre-Seed Software, Information Technology, SaaS $50k–$1.4M
European Innovation Coouncil Pathfinder
VC Fund
1 Croatia, Germany, Ireland Grant, Pre-Seed Energy, Medical, Nuclear $398k–$4.3M
Investe Piauí
VC Fund
1 Croatia Series A Renewable Energy
Integrated Capital
VC Fund
1 India, Taiwan, Croatia Series A, Seed, Series B E-Commerce, Food and Beverage, Software $3.4M–$40M
European Bank for Reconstruction and Development
VC Fund
1 Turkey, Egypt, Ukraine Debt Financing, Post-IPO Debt, Private Equity Financial Services, Banking, Energy $5M–$320M
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Investor list

Fil Rouge Capital (FRC)
VC Fund · Zagreb, Grad Zagreb, Croatia · 7 investments in Croatia Climate startups

Fil Rouge Capital (FRC) is an investment fund manager whose funds focus on early-stage businesses from pre-seed, seed, and Series A rounds of investment.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Seed, Pre-Seed
  • Geography: Croatia, Slovenia, United Kingdom

Investor stats

  • Total investments: 131
  • Round size: Seed $50k–$1.4M; Pre-Seed $55k–$552k
  • Lead/follow: 29% lead, 71% follow

Portfolio highlights

  • HEU — HEU is a legaltech company that automates and manages legal documents and allows users to edit and share them.
  • tvbeat — Established in 2013, TVbeat provides a comprehensive TV Inventory Management & Yield Optimization SaaS Framework designed for TV Inventory owners, giving such TV sell-side players the essential tools to succeed in the ever changing TV ecosystem. Our SaaS Framework solves key addressable and non-addressable TV requirements & challengesthrough provision of holistic measurement, forecasting, planning, order management and optimization capabilities and self-serve applications. Such features can be leveraged across owned & operated TV inventories, media partner inventory and acquired inventory from 3rd party sources (DSPs & exchanges). TVbeat’s solution is being used successfully in the United States, United Kingdom, Canada, Ireland, France, Africas, Spain, Belgium, Middle East, Scandinavia to name a few. All of this is achieved by a world class team of engineers, data scientists, product managers and client support staff. Our offices are located in New York, London and Zagreb.
  • Eurosender — Eurosender is the digital platform for companies and individuals looking for a unified solution for global logistics processes. Eurosender comprises a wide variety of logistics services in different geographies.
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European Innovation Coouncil Pathfinder
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 1 investments in Croatia Climate startups

Support to research teams to research or develop an emerging breakthrough technology

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Investment focus

  • Industry: Energy, Medical, Nuclear
  • Stage:Grant, Pre-Seed
  • Geography: Croatia, Germany, Ireland

Investor stats

  • Total investments: 4
  • Round size: Grant $398k–$4.3M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Smart Reactors — Smart Reactors is to promote leading-edge biomaterials technological advancements, which include biocompatible coating technology to support the long-term performance of blood-contacting devices.
  • Jurlina Coenergy — Developer of a novel magnetic plasma shaping system for fusion energy. This system uses magnetic fields to enhance plasma flow, control density, and reduce turbulence in magnetic confinement fusion reactors. The technology aims to improve energy confinement and stability, potentially leading to more efficient and sustainable fusion powergeneration. The approach involves modular, toroidally distributed magnetic constriction zones that modulate internal plasma dynamics without direct material contact, preserving reactor integrity. Development includes linear and partial-loop testbeds, simulation-aided refinement, and eventual integration into toroidal configurations.To solve challengesOur Next Step: Building a Strategic Consortium for EIC Pathfinder OpenWe are excited to announce our next major milestone — participation in the EIC Pathfinder Open programme 2026. This prestigious EU funding initiative supports bold, high-risk, high-reward research and innovation projects, with funding up to €4 million. We have already formed the minimum eligible consortium to enter the programme. However, to maximize our chances of success and impact, we are now focused on bringing in strategic partners who share our vision and can strengthen our interdisciplinary approach.DESC & VMEC++ Simulation Results Ready for ReviewFocus on a “Good Pre-Demo Regime”Our near-term goal is to identify and validate a credible pre-demonstration operating regime. The reference scale is a mid-size stellarator with a major radius of a few meters, comparable to W7-X. If fully three-dimensional modeling can demonstrate such a regime without extreme engineering assumptions—such as unrealistically high localized RF power—that result alone would represent a significant and credible milestone. From this foundation, a clear scaling path can be defined: moderate increases in device size and magnetic field, combined with ~2× improved confinement, provide a defensible route toward demonstration-relevant performance. We don’t offer this as a replacement for the standard MHD/transport framework, but rather as a local module; the hypothesis is that it expands the operational window, and the goal is to quantify the gains and risks through step-by-step validation.Operational WindowWe don’t offer this as a replacement for the standard MHD/transport framework, but rather as a local module; the hypothesis is that it expands the operational window, and the goal is to quantify the gains and risks through step-by-step validation.
  • MAGNOTHERM — MAGNOTHERM is shifting the cooling industry toward safer, cleaner and more efficient alternatives.
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Investe Piauí
VC Fund · Teresina, Piaui, Brazil · 1 investments in Croatia Climate startups

Investe Piauí is an investment firm. It promotes research, innovation and generating encouragement for the cooperation and acceleration of technology-based companies.

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Investment focus

  • Industry: Renewable Energy
  • Stage:Series A
  • Geography: Croatia

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Green Energy Park — Green Energy Park's purpose is to positively impact society by expediting the energy transition and providing affordable renewable energy to consumers and companies worldwide.
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Integrated Capital
VC Fund · Wan Chai, Hong Kong Island, Hong Kong · 1 investments in Croatia Climate startups

Integrated Capital is a multi strategy investment firm investing across private and public equity, private credit and special situations.

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Investment focus

  • Industry: E-Commerce, Food and Beverage, Software
  • Stage:Series A, Seed, Series B
  • Geography: India, Taiwan, Croatia

Investor stats

  • Total investments: 13
  • Round size: Seed $6.5M–$6.5M; Series A $3.4M–$28M; Series B $12M–$40M
  • Lead/follow: 31% lead, 69% follow

Portfolio highlights

  • Entri — India's leading vernacular learning platform for Job Seekers. Learn Coding, Digital Marketing, Commerce, Spoken English and more.
  • The Naked Market — The Naked Market is a next-generation consumer products company that is creating a portfolio of food & beverage brands.
  • Surglasses — Surglasses specializes in providing cutting-edge augmented reality surgery systems, specifically designed for orthopedics and neurosurgery. These systems offer precise surgical assistance and enhance surgical success rates, improving medical quality and patient safety.
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European Bank for Reconstruction and Development
VC Fund · London, England, United Kingdom · 1 investments in Croatia Climate startups

The European Bank for Reconstruction and Development (EBRD) invests in changing lives. Through our financial investments, business services and work on policy reform, we're doing more than ever before to build open, market economies across 3 continents.

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Investment focus

  • Industry: Financial Services, Banking, Energy
  • Stage:Debt Financing, Post-IPO Debt, Private Equity
  • Geography: Turkey, Egypt, Ukraine

Investor stats

  • Total investments: 472
  • Round size: Post-IPO Debt $17M–$320M; Debt Financing $5M–$211M; Private Equity $11M–$100M
  • Lead/follow: 76% lead, 24% follow

Portfolio highlights

  • İşbank — İşbank is a Turkish commercial banking service provider.
  • Mlinar — Mlinar is the bakery retail and wholesale business in Croatia and operates the largest bakery retail network in South East Europe.
  • National Bank of Greece — The term i-bank adopted in April 2009 as a single name for all electronic service networks of the National Bank (Internet, Phone & Mobile Banking, ATM and Automated Payment -APS).Through the site of i-bank participate in contests with great prizes , learn the latest news from the world of technology , innovation and entrepreneurship and youthinformed about events in the i-bank store and the latest developments of the Contest «i -bank Innovation & Technology " .
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Climate VC funding in Croatia at a glance

Stats across 29 deals from 27 investors.

27
investors
in Croatia Climate startups
29
deals
in Croatia Climate startups
$579k
median round
in Croatia Climate startups
56%
lead investors
lead at least one round
14%
Seed
most common funding stage

Access all 27 VC funds in Croatia Climate startups.

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