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Top 15 Enterprise VC (Venture Capital) Funds in Serbia in May 2026

A list of 15 VC (Venture Capital) funds that invest in Enterprise startups based in Serbia. We rank investors based on the number of investments they made in Enterprise companies from Serbia. We update this investor list every month.

Top 15 Enterprise VC (Venture Capital) Funds in Serbia in May 2026

Investor Enterprise Serbia investments
South Central Ventures 6
Eleven Ventures 3
Earlybird Venture Capital 2
Credo Ventures 2
Point Nine 2
SeedBlink 2
Version One Ventures 2
Underline Ventures 1
Moonfire Ventures 1
Crew Capital 1
Catalyst Romania 1
ICT Hub Venture 1
Accel 1
KG Ventures 1
Euroventures 1

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Investor list
South Central Ventures
VC Fund · Belgrade, Vojvodina, Serbia

South Central Ventures is dedicated to investments in startups, small and medium globally oriented technology companies in SE Europe.

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Investment focus

  • Software, SaaS, Artificial Intelligence
  • Seed, Series A, Pre-Seed
  • Serbia, United States, United Kingdom

Portfolio highlights

  • SplxAI — SplxAI provides the most comprehensive platform for AI Security Testing and Red Teaming, ensuring your AI Assistants and Agents are secure and reliable from build to runtime.
  • Insightful — Get Insightful starting from 6.4$ and start monitoring your employees now!
  • City Expert — City Expert Global is a Serbian startup that introduces new technologies and business approach to the traditional real estate sector. It focuses on creating new standards in the advertising and agency real estate sector. City Expert Global was founded in 2015 by Darko Luković, Stefan Stojanović, and Igor Jović. It is based in Belgrade, Serbia.
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Eleven Ventures
VC Fund · Sofia, Grad Sofiya, Bulgaria · 1 investment in the past 12 months

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

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Investment focus

  • Software, SaaS, Information Technology
  • Seed, Convertible Note, Pre-Seed
  • Bulgaria, United States, United Kingdom

Portfolio highlights

  • LAM'ON — LAM'ON OOD was created with the intention of creating a product that would be recyclable or compostable, improve environmental and human health safety, and readily replace the existing petroleum-based plastic solutions.
  • Bitloops — Bitloops is an AI-powered application development platform that enables organizations to develop, maintain, and operate complex web applications with ease. It helps you easily modify system designs, deploy applications to production, and manage changes, new features, and products. The platform enables teams to innovate quickly and grow the productor business without compromising the product's usability, extendability, or maintainability. Bitloops makes it simpler than ever to create high-quality software utilizing best practices and techniques like DDD, BDD, TDD, hexagonal architecture, clean architecture, ports and adapters, CQRS, and event sourcing suitable for extending legacy systems as well as new initiatives.
  • Outfindo — Making bikes & e-bikes buying easy
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Earlybird Venture Capital
VC Fund · Berlin, Berlin, Germany

Founded in 1997, Earlybird is a pan-European VC investor backing tech-enabled companies and investing in their growth and development. Funds include Earlybird, Earlybird Health, Growth Opportunities.

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Investment focus

  • Software, Information Technology, Health Care
  • Series A, Seed, Series B
  • Germany, United States, United Kingdom

Portfolio highlights

  • SLNG — SLNG is radically global infrastructure for speech AI.
  • TastyUrban — TastyUrban is in the process of developing a new generation of restaurant usage and strategy.
  • Black Forest Labs — Black Forest Labs creates advanced generative deep learning models for images and videos. They focus on making these technologies widely accessible and transparent, ensuring that their innovations are easy to use and understand. This approach aims to democratize access to cutting-edge technology and foster greater trust and utility.
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Credo Ventures
VC Fund · Prague, Hlavni mesto Praha, Czech Republic

We partner with outstanding technology founders from Central and Eastern Europe to help them realize their global ambitions.

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Investment focus

  • Software, Artificial Intelligence, Information Technology
  • Seed, Series A, Pre-Seed
  • United States, United Kingdom, Czech Republic

Portfolio highlights

  • UiPath — Reinvent your workplace with the leading robotic process automation platform and learn how UiPath can help your company become a fully automated enterprise.
  • Segron — From Network Engineering , where new services and components need active testing via Rollout and Installation , to ensure correct functionality after...
  • Theorema — Autonomous R&D agents for biotech, pharma, chemicals, and materials. Theorema analyzes data, recovers R&D costs, and accelerates discovery. #1 on BixBench.
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Point Nine
VC Fund · Berlin, Berlin, Germany

Point Nine Capital is a Berlin-based venture capital firm focused exclusively on early-stage Internet investments in areas like Software-as-a-Service (SaaS), online marketplaces, and mobile.The fund and its managers, Pawel Chudzinski and Christoph Janz have backed a number of highly successful Internet companies such as Delivery Hero, Clio,Shiftplanning, Vend, Typeform, and Zendesk from their earliest stages.

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Investment focus

  • Software, SaaS, Internet
  • Seed, Series A, Series B
  • Germany, United States, France

Portfolio highlights

  • cargo.one — The cargo.one booking platform gives you access to real-time prices and available capacities of multiple airlines. Directly book online within seconds, 24/7.
  • Omnea — The all-in-one procurement platform. Request purchases, automate approvals, and streamline your procurement process in one centralised solution.
  • Delivery Hero — Delivery Hero is the world's leading local delivery company. We are on a mission to deliver an amazing experience - fast, easy, and to your door.
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Version One Ventures
VC Fund · Vancouver, British Columbia, Canada

Version One Ventures backs mission-driven founders at the earliest stages. Full thesis here: https://versionone.vc/updated-thesis/

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Investment focus

  • Software, Internet, Blockchain
  • Seed, Series A, Series B
  • United States, Canada, United Kingdom

Portfolio highlights

  • Bikky — Bikky is the #1 CDP for Restaurants and the Switzerland of guest data. We break down data silos across operating and marketing systems and surface the business insights restaurant marketers and c-suite leaders need to truly see customers. With Bikky, act faster and smarter to grow the business.
  • Pienza — Pienza Ventures - We help Indian Startups win in the US Market
  • Loon — Loon is a financial technology startup dedicated to developing a regulated, transparent, and trusted Canadian-dollar stablecoin.
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Underline Ventures
VC Fund · Bucharest, Bucuresti, Romania

We underline founders.

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Investment focus

  • Software, Machine Learning, Information Technology
  • Seed, Pre-Seed
  • Romania, Serbia, United States

Portfolio highlights

  • Turneo — Inspire travelers to browse and book all of their holiday activities, directly on your website
  • UVIONIX — Uvionix deploys Autonomous Flying Robots (AFRs) to monitor and report live data, ensuring a comprehensive view of operations, workflow efficiency, and near 100% inventory level accuracy. The system creates live digital twins of warehouse spaces, meticulously tracking each material movement. Delivering precise, unbiased data, and being immune to human error, the platform drastically enhances material planning, reduces stock losses, and lowers labor costs.
  • Bible Chat — Bible Chat is the best Christian AI app that lets you talk to the Bible, ask faith questions, request prayers, and study Scripture. Try now for free!
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Moonfire Ventures
VC Fund · London, England, United Kingdom

At Moonfire, we team up with the most innovative early-stage founders to invest where our sectors of focus intersect with global technological disruption.

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Investment focus

  • Software, FinTech, Information Technology
  • Seed, Series A, Pre-Seed
  • United Kingdom, United States, France

Portfolio highlights

  • Lightdash — Lightdash is the AI-first, open-source BI platform for modern data teams. Connect to dbt, define metrics once, and get instant, trustworthy insights.
  • Bound — Bound helps SME's protect themselves from currency risk, whilst using technology to simplify the process. We aim to help the 78% of SME's who are at risk of losing money everyday
  • Flexion Robotics — Founded by scientists, roboticists and engineers, Flexion is for those who refuse to settle for the status quo and dare to venture where others won't. Join us.
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Crew Capital
VC Fund · New York, New York, United States

Crew Capital is a venture capital firm investing in entrepreneurs building category-defining technology companies.

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Investment focus

  • Software, SaaS, Information Technology
  • Seed, Series A, Series B
  • United States, United Kingdom, Brazil

Portfolio highlights

  • Membrane — Membrane is AI for product integrations. Describe what you need, watch integrations build, test and maintain themselves.We exist to let any product connect to any other reliably, safely, and at scale, by turning intent & customer needs into integrations with AI.Our platform offers the state-of-the-art solution in the AI Age for productintegrations:Membrane Agent builds integrations for one or multiple apps at once, choosing correct API calls, field mappings, and data structuresMembrane Engine is the configurable infrastructure that you or any agent can play with. It contains actions, events/webhooks, flows, data collections, unified API models, field mappings, and schemas & more used to build and maintain integrations at scale.Membrane Packages - integration code that is purpose built for your use case, that you can deploy in your IDE.Membrane is used by 100+ B2B SaaS companies like Constant Contact, PandaDoc, Dialpad, Storyblok & many others as their preferred integration partner
  • Seal Security — Streamline your open source vulnerability remediation without introducing the risk of breaking changes. Say goodbye to alert fatigue and start patching with Seal Security.
  • Membrane — Integrate any API instantly. Keep integrations working as things change. Membrane is agentic integration infrastructure with unlimited API coverage.
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Catalyst Romania
VC Fund · Bucharest, Bucuresti, Romania

Catalyst Romania is a private equity and venture capital fund platform.

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Investment focus

  • Software, Retail, FinTech
  • Funding Round, Seed, Series B
  • Romania, United Kingdom, Serbia

Portfolio highlights

  • Adapta Robotics — Creating, designing, and manufacturing adaptable robotic products that support automation efforts and technological progress.
  • Footprints AI — Footprints is one of the most advanced AI-driven Retail Media platforms in the world, helping physical retailers generate a new high profit margin revenue in 3 months or less.Retail Media will be a $100 billion market by 2025. This means that 1 in 4 dollars in digital ad spend will be on media platforms that leverage intent-based customerbehavior data.Footprints is part of the global Microsoft Pegasus program, a cohort of 12 high-impact AI startups worldwide with the most viable solutions to transform the physical retail model into an AI-driven business model.Footprints' unique technology enables physical retailers to turn anonymous traffic into profitable, predictable audiences by leveraging our proprietary offline-to-online behavioral data fusion, artificial intelligence and algorithmic automation.Since 2017, Footprints has pioneered AI technologies that enable physical retailers to: - Enable an automated omnichannel retail media service - Become the brand of choice in local communities - Expand more profitably into new local communitiesFootprints is currently working with Tier 1 retailers and retail properties to transform their offline and online visitors into retail media.Every day, Footprints orchestrates and processes billions of visits, searches, and purchases from offline and online retail environments for YOU, to meet your customers' needs better than ever before. The result? A seamless shopping experience, more customers, more sales, and a new high profit margin revenue.Retail Media is the #1 priority for retailers everywhere, who can now offer personalized and curated content to their customers around the world.
  • .Lumen — .lumen builds glasses that help the blind live a better life.
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ICT Hub Venture
VC Fund · Belgrade, Vojvodina, Serbia

ICT Hub Venture is a Serbian private investment fund, focused on early stage technology startups in the SEE region. We offer funding of up to 50,000 EUR in exchange for 5-15% equity, access to the startup ecosystem, tailor-made development program and connection with key figures in relevant industries. Our main focus is on startups which have acomplete team and a scalable solution that challenges traditional businesses. By facilitating creation and development of effective solutions we help transform traditional industries and create new businesses.

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Investment focus

  • B2B, Software, Web Design
  • Pre-Seed, Seed
  • Serbia, Germany

Portfolio highlights

  • randevu.tech — randevu is providing complete technical infrastructure in cloud, that enables companies throughout full marketplace business life-cycle: from building, to running and scaling.
  • Bitebell
  • OM3GA SOLUTIONS — OM3GA SOLUTIONS provides services in AI/ML speech-to-text, text-to-speech and virtual assistant, web design and hosting.
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Accel
VC Fund · Palo Alto, California, United States

First partner to exceptional teams everywhere

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Investment focus

  • Software, SaaS, Information Technology
  • Series A, Series B, Seed
  • United States, India, United Kingdom

Portfolio highlights

  • Algolia — 18,000+ organizations trust Algolia to build intuitive, adaptive, high-performing experiences with a unified AI search & retrieval platform spanning agentic, generative, and search.
  • depthfirst — An AI-native security platform that understands your code, business logic, and infrastructure to find more vulnerabilities, slash false positives, and give developers actionable fixes in their workflow.
  • Cinder Technologies — Cinder provides businesses everything they need to orchestrate and automate safety at scale with industry leading tools for content moderation, AI safety, and data compliance.
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KG Ventures
VC Fund · Saint Petersburg, Saint Petersburg City, Russian Federation

Corporate venture capital fund of the Kirovsky Zavod

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Investment focus

  • SaaS, Software, PaaS
  • Seed
  • Russian Federation, Serbia, Romania

Portfolio highlights

  • Ivitech — IVITECH financial platform works in SEA region and develop unique scoring models for risk evaluation and risk management.
  • TraceAir — Construction platform providing drone flights, 3D mapping, analytics, and data processing services to accelerate site work.
  • Pro Control — Pro Control specializes in the field of industrial automation, electric motor drives and electrical installations.
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Euroventures
VC Fund · Budapest, Budapest, Hungary · 1 investment in the past 12 months

Budapest-based Euroventures is one of the longest-established and leading independent private equity and venture capital firms in Central Europe, with a proven ability to achieve international exits over two decades in a fast-changing environment. It has advised or is advising five investment programmes totalling over €180m since 1989, with a focuson funding INNOVATION and GROWTH in Hungary and Central Europe. The investors in Euroventures funds have been international institutional Investors. Euroventures' nearly 50 current and former portfolio companies illustrate the commitment to provide steady support through the cycles of the regional and global economy. Its professional team members have many decades of private equity / venture capital experience between them. Recent investments have targeted growing businesses with innovative technologies in the fields of medtech, big data, security, and IoT among others. Euroventures has had an outstanding track record in supporting its portfolio companies entering global markets. As a result, it has delivered highly successful exits, including IPOs (Vienna, NASDAQ, NYSE) and several dozens of trade sales to international corporations. Euroventures is a founding member of the Hungarian Venture Capital Association and complies with the conduct, governing principles and valuation/reporting guidelines of Invest Europe.

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Investment focus

  • Software, Information Technology, E-Commerce
  • Series A, Funding Round, Seed
  • Hungary, United Kingdom, United States

Portfolio highlights

  • Datapao — Discover DATAPAO's data consulting solutions in cloud migrations, data science, data engineering, AI & ML.
  • Daytrip — Daytrip is a platform for traveling with local drivers. It allows independent travelers to get the most out of their vacation by connecting them to local drivers, who drive them from one city to another with their own cars, discovering local sights and culture on the way.It gives travelers an opportunity to see otherwise unreachable countrysidesights, meet real locals and get to know local history, culture and current affairs first-hand. Daytrip is an entirely new approach to traveling, combining the comfort of package holidays with the flexibility of independent planning and authenticity of backpacking.
  • Hypefy — An influencer marketing platform built for brands that want to discover creators, run campaigns, and measure performance with ease.
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