# Top 5 Consumer Startup Investors in Serbia in November 2026

## KG Ventures
- Type: VC Fund
- Location: Saint Petersburg, Saint Petersburg City, Russian Federation
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, SaaS, PaaS

Corporate venture capital fund of the Kirovsky Zavod

## Sergey Budyakov
- Type: Angel
- Relevant deals: 1
- Stages: Pre-Seed
- Focus: Beauty, Chatbot, Artificial Intelligence

Sergey Budyakov

## Innovative Private Sector Development
- Type: VC Fund
- Location: Ramallah, West Bank, Palestinian Territory
- Relevant deals: 1
- Stages: Seed
- Focus: Retail, Fashion, Shopping

IPSD - Innovative Private Sector Development

## Eleven Ventures
- Type: VC Fund
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 1
- Stages: Seed, Convertible Note, Pre-Seed
- Focus: Software, E-Commerce, Mobile

We empower local heroes to build global success. Eleven is an early-stage VC investing in technology companies in Southeast Europe.

## Vaekstfonden
- Type: VC Fund
- Location: Hellerup, Hovedstaden, Denmark
- Relevant deals: 1
- Stages: Seed, Venture - Series Unknown, Pre-Seed
- Focus: Software, Information Technology, SaaS

Vaekstfonden – The Danish Growth Fund – is the Danish state's investment fund. We strive to improve access to risk capital to enable Danish businesses to innovate, and to generate growth and new jobs. In close collaboration with banks and domestic and international private investors, we finance companies from all sectors nation-wide. We can accompany you for the entire journey – from your company’s infancy through growth phases to expansion abroad and even to an initial public offering.

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