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Top 30 Hardware Startup Investors in Croatia (June 2026)

The most active venture capital funds and angel investors investing in Croatia Hardware startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Croatia Hardware 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
9 Croatia, Slovenia, United Kingdom Seed, Pre-Seed Software, Information Technology, SaaS $50k–$878k
Luca Ascani
Angel
6 France, Italy, United Kingdom Seed, Pre-Seed, Series A FinTech, Software, Financial Services $589k–$38M
HCVC
VC Fund
6 United States, France, United Kingdom Seed, Series A, Pre-Seed Software, Artificial Intelligence, Robotics $920k–$30M
Taavet Hinrikus
Angel
5 United Kingdom, United States, Estonia Seed, Series A, Series B FinTech, Software, Financial Services $1M–$52M
Day One Capital
VC Fund
3 Hungary, United States, Croatia Seed, Series A, Pre-Seed Software, Information Technology, Artificial Intelligence $310k–$35M
South Central Ventures
VC Fund
2 United States, United Kingdom, Serbia Seed, Pre-Seed, Series A Software, SaaS, Artificial Intelligence $33k–$5.5M
David Rowan
Angel
2 United Kingdom, Croatia, Germany Seed, Pre-Seed Software, Machine Learning, Information Technology $484k–$5.5M
Radius Capital
VC Fund
2 United States, Croatia, Ireland Seed, Series A, Pre-Seed Software, Artificial Intelligence, Machine Learning $470k–$32M
Lightspeed Venture Partners
VC Fund
2 United States, India, Israel Series A, Series B, Seed Software, Information Technology, Artificial Intelligence $2.2M–$125M
LocalGlobe
VC Fund
2 United Kingdom, United States, France Seed, Series A, Pre-Seed Software, Artificial Intelligence, Information Technology $1M–$33M
Rite-Hite
VC Fund
2 United States, Croatia Series A, Seed Software, Machine Learning, Robotics $31M–$32M
Prologis Ventures
VC Fund
2 United States, China, Croatia Series A, Series B, Series C Software, Logistics, Artificial Intelligence $7M–$115M
Koch Disruptive Technologies
VC Fund
2 United States, Israel, Croatia Series A, Series B, Series C Software, Artificial Intelligence, Health Care $10M–$255M
Pentland Ventures
VC Fund
2 United States, United Kingdom, Croatia Seed, Series A, Pre-Seed Software, Health Care, Fitness $1M–$31M
NJF Capital
VC Fund
1 United States, United Kingdom, Germany Seed, Series A, Series B Artificial Intelligence, Software, Biotechnology $1.2M–$52M
Nenad Bakić
Angel
1 Croatia Series A Robotics, Software, Machine Learning
Ankur Singla
Angel
1 India, Croatia Seed, Angel, Pre-Seed E-Commerce, Retail, Consumer $355k–$357k
Aprameya Radhakrishna
Angel
1 India, Croatia, Singapore Seed, Angel, Pre-Seed Internet, Software, Retail $200k–$3M
Peaksjah
VC Fund
1 Croatia, Estonia, United States Pre-Seed, Seed, Series A Software, Music, Events $130k–$132k
Marko Kovac
Angel
1 Croatia Pre-Seed Software, Developer Tools, Cloud Infrastructure
Igor Anić
Angel
1 Croatia Pre-Seed Software, Developer Tools, Cloud Infrastructure
AE Ventures
VC Fund
1 Kenya, Croatia Pre-Seed IaaS, Big Data, Computer $150k–$250k
Blume Ventures
VC Fund
1 India, United States, Singapore Seed, Series A, Series B Software, Information Technology, Internet $616k–$45M
Girish Mathrubootham
Angel
1 India, United States, Singapore Seed, Angel, Series A Software, SaaS, Information Technology $123k–$5.5M
SparkLabs Global Ventures
VC Fund
1 United States, South Korea, Singapore Seed, Series A Software, Internet, Information Technology $223k–$8.6M
Expeditions
VC Fund
1 United Kingdom, United States, Estonia Seed, Series A, Pre-Seed Software, Information Technology, Artificial Intelligence $750k–$35M
AYMO Ventures
VC Fund
1 Croatia Seed, Series A Software, Drones, Consumer
Ivan Topčić
Angel
1 Croatia Series A Robotics, Software, Machine Learning
Vijay Sharma
Angel
1 India, Croatia, United States Seed Telecommunications, Security, Electronics $355k–$3.6M
Mekin Maheshwari
Angel
1 India, United States, Croatia Seed, Angel, Pre-Seed Software, Apps, Internet $36k–$1.8M
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Fil Rouge Capital (FRC)
VC Fund · Zagreb, Grad Zagreb, Croatia · 9 investments in Croatia Hardware 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: 124
  • Round size: Seed $50k–$878k; Pre-Seed $55k–$549k
  • Lead/follow: 28% lead, 72% follow

Portfolio highlights

  • 45HC.com — 45HC enables anyone to ship. We are here to help anyone book a container within minutes. We are experts at logistics and can help your business have an edge by eliminating the tedious process of booking a container. Our services include ocean freight, last mile delivery, door-to-door delivery (via rail delivery, truck delivery or multimodal),customs clearance and insurance. With our simplified platform and automated pricing mechanism, we remove the word complexity from the logistics dictionary. We put you in control of your business while providing you more time otherwise spent finding the best quote for shipping, and more money as you can customize each step of the way as you see fit.
  • App-Ray Mobile Security — Learn how to play and master the Aviator game in India. Explore winning strategies, trusted casinos, and real-money gameplay tips.
  • Borza terjatev — Borza terjatev is the operator of a P2P financing market for businesses, operating in Slovenia and Croatia. We provide convenient on-line working capital finance for SMEs and simple, low-risk money placement to investors.
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Luca Ascani
Angel · Rome, Lazio, Italy · 6 investments in Croatia Hardware startups

Luca is founder and CEO of Lambda Alpha, an investment company focused on early stage investment. Its portfolio includes Bear, the Apple Design Award winner notes app, Fintechs as Lendable and Emma App in London, Mansa in Paris and ScalaPay as well as autonomous robots Gideon Brothers and automated pasta restaurant Cala. Recent investmentsincludes Dishpatch, Airbank and RVVUP. Luca started his entrepreneurial career aged 20 when he launched BuyCentral.it, the first Italian shopping comparison site, in 2000. It was sold to Lycos in 2004. In 2002 he founded ADVance which became the leading digital agency in Italy, subsequently sold to NetBooster. In 2004 he cofounded GoAdv, later rebranded Populis, one of the largest vertical digital publishing groups in Europe and Brazil, listed on the Paris Alternext stock exchange. In 2011 Populis was named the fastest growing company in Ireland and part of the top ten in Europe by Deloitte. In 2012 and 2013 he has brought the TechCrunch conference to Italy with the aim of connecting the Italian industry with international investors. For this same purpose he was co-hosting the 2017 Founders Forum in Rome.From 2010 Luca was in the board of IlSecoloXIX, an Italian north west leading newspaper, then acquired by LaStampa in 2014 and he was in the board of the new group, ITEDI, until it was acquired by Gruppo Espresso in 2017.

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Investment focus

  • Industry: FinTech, Software, Financial Services
  • Stage:Seed, Pre-Seed, Series A
  • Geography: France, Italy, United Kingdom

Investor stats

  • Total investments: 40
  • Round size: Seed $1.1M–$13M; Pre-Seed $589k–$38M; Series A $3.7M–$32M
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • Fence — At Fence, we're transforming the way debt facilities are managed. We are the Operating System for your debt facility, reducing the amount of resources spent in back-office operations and letting teams focus on what matters.Our platform, built on blockchain technology, offers a Software as a Service (SaaS) solution that simplifies andautomate debt facility operations. Whether you're a capital provider or an asset originator, Fence leads you toward a smarter financial future.For capital providers, our platform enables internet-native debt solutions and real-time portfolio insights, enhancing your credit investment monitoring. With Fence, you stay ahead, making informed decisions for success. Asset originators benefit from enhanced capital efficiency and reduced operational costs, thanks to Fence's automation. We seamlessly integrate debt facilities into your tech stack and provide on-demand programmable debt, giving you unprecedented control over the capital you borrow.
  • qomodo — Qomodo: La piattaforma BNPL innovativa. Rate a tasso zero, approvazioni veloci, transazioni sicure. Rivoluzionaria nell'acquisto per aziende e consumatori.
  • ReportAId — ReportAId is an AI-powered software that breathes life into medical reports to make healthcare more organized, customized, and accessible.
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HCVC
VC Fund · Paris, Ile-de-France, France · 6 investments in Croatia Hardware startups

HCVC is an early-stage Venture Capital firm backing hardtech companies worldwide. Beyond its fund, HCVC supports hardtech founders through Hardware Club, a selective global community of 500+ startups with dedicated resources, partnerships and events.

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Investment focus

  • Industry: Software, Artificial Intelligence, Robotics
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, France, United Kingdom

Investor stats

  • Total investments: 92
  • Round size: Seed $920k–$11M; Pre-Seed $1.4M–$5.2M; Series A $5.2M–$30M
  • Lead/follow: 23% lead, 77% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Chiral — Next-generation electronics with nanomaterials
  • Norbert Health — Norbert Health develops a home medical pod that monitors the health of families using contactless sensors. Their product senses key vital signs including heart rate, breathing rate, and temperature, providing a real-time and historical view of the user's health. It was founded in 2019 and headquartered in Brooklyn, New York.
  • Renaissance Fusion — Renaissance Fusion is a high-temperature superconductor and stellarator company.
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Taavet Hinrikus
Angel · London, England, United Kingdom · 5 investments in Croatia Hardware startups

Taavet Hinrikus is based out of London, England and is the Partner of Plural Platform and Board Member of CoMind. Taavet previously worked at Wise as a Chairman and Co-founder. Taavet Hinrikus attended INSEAD.

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Investment focus

  • Industry: FinTech, Software, Financial Services
  • Stage:Seed, Series A, Series B
  • Geography: United Kingdom, United States, Estonia

Investor stats

  • Total investments: 125
  • Round size: Seed $1M–$7.9M; Series A $7M–$47M; Series B $23M–$52M
  • Lead/follow: 15% lead, 85% follow

Portfolio highlights

  • Juro — Juro is an all-in-one contract automation platform that helps legal and business users to agree & manage contracts in one unified workspace.
  • Meatable — Meatable is a food production company that produces real and guilt-free meat. With one cell, they are revolutionizing the meat industry's impact on climate change and animal welfare. At the same time they increase food security, without compromising the culinary experience of eating tasty, real meat. They aim to satisfy the world'sappetite for meat without harming people, animals, and the planet.It was founded in 2018 and is headquartered in Delft, South Holland, The Netherlands.
  • Skeleton Technologies — Skeleton Technologies is the global leader in ultracapacitor & supercapacitor energy storage and helps companies in automotive, transportation, grid, and industry to save energy.
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Day One Capital
VC Fund · Budapest, Budapest, Hungary · 3 investments in Croatia Hardware startups

We are an early-stage technology investor, managing privately financed funds. We seek to find and join the most exciting Central Eastern European teams on their global mission.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Hungary, United States, Croatia

Investor stats

  • Total investments: 52
  • Round size: Seed $310k–$6.5M; Pre-Seed $500k–$2.6M; Series A $2.7M–$35M
  • Lead/follow: 27% lead, 73% follow
  • Last fund: May invest from a new fund soon — raised $35M in 2018

Portfolio highlights

  • AERON — ÁERON’S DESIGN IS CHARACTERIZED BY THE UNIQUE COMBINATION OF SUPERB QUALITY, INNOVATIVE CRAFTMANSHIP, AND EFFORTLESS ELEGANCE. EVERY COLLECTION FOCUSES ON REINVENTING TRADITIONAL TAILORING TECHNICS WHILEONLY USING FINEST MATERIALS SUCH AS A DISTINCTIVE SUEDE JAPANESE LEATHER THAT HAS BECOME A SIGNATURE FABRIC OF ÁERON. THE DIFFICULT BALANCE OFCREATING ONE ARTFUL PACKAGE, WHERE WORK AND PLAY HARMONIZES TOGETHER, FORMS THE MINIMAL YET FEMININE SENSUALITY OF A DECADE-DEFINING ÁERON LOOK. ÁERON ENCOMPASSES A RICH VARIETY OF HIGH-WAISTED TAILORED PANTS, ASYMMETRICAL COATS, OVERSIZE SWEATERS, AND MINIMALISTIC DRESSES.
  • Samebug, Inc. — Samebug is a software startup company that builds a platform to help developers to find and share solutions to software problems. Simply take a stack trace from a crash, plug it into Samebug (either via a browser or plugin to IntelliJ IDEA or Android Studio) and it will search across over a Million (and growing) solutions to determine if theproblem causing the crash has been solved by another engineer or not. If it has, Samebug will present the solution, if the problem has not been solved, Samebug will connect you with experts who can help.
  • Statzup — Domain name StatZup.com is a dynamic and impactful choice for startups looking to make a bold statement in the world of statistics and data analysis. The name suggests a sense of urgency and excitement, urging users to stay on top of the la
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South Central Ventures
VC Fund · Belgrade, Vojvodina, Serbia · 2 investments in Croatia Hardware startups

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

  • Industry: Software, SaaS, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, United Kingdom, Serbia

Investor stats

  • Total investments: 59
  • Round size: Seed $219k–$2.8M; Pre-Seed $33k–$2M; Series A $329k–$5.5M
  • Lead/follow: 59% lead, 41% follow
  • Last fund: Likely still investing — raised $82M in 2022

Portfolio highlights

  • Insightful — Get Insightful starting from 6.4$ and start monitoring your employees now!
  • Orgnostic — Orgnostic is the human capital analytics platform for startups. Orgnostic provides investors and leadership teams with high-quality organizational insights that link organizational dynamics with companies’ bottom lines, creating better and more sustainable businesses for the new economy.
  • 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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David Rowan
Angel · London, England, United Kingdom · 2 investments in Croatia Hardware startups

David Rowan is editor of the UK edition of WIRED magazine, which won 2009 Launch of the David Rowan is Editor of the WIRED UK, the technology and trends magazine covering online brands, gadgets and the culture that surrounds them. David has reported on technology for The Times and Channel 4 News, the latter requiring him to illustrate the newiPod Video from the set of a porn shoot. He's also written for The Sunday Times and Telegraph Magazines, and edited the Guardian's on-line content. David has curated an exhibition of British creative talent at the Government's Cabinet Forum conference. He has also addressed the TEDs, and frequently contributes on Newsnight and the Today programme. He also writes a monthly column for GQ. David is in touch with many of the world's leading trend-setters and spotters. In presentations he looks at how the net is disrupting almost every sector, how apps change consumer behaviour and why 'social commerce' is killing traditional marketing. He reveals the 10 trends that will change your market in the next decade - and what you should be doing now to protect yourself.

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Investment focus

  • Industry: Software, Machine Learning, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: United Kingdom, Croatia, Germany

Investor stats

  • Total investments: 24
  • Round size: Seed $1M–$5.5M; Pre-Seed $484k–$2.6M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Onfido, an Entrust company — Onfido digitally proves a user’s real identity using AI technology, by verifying their photo ID and comparing it to their facial biometrics. It means users and businesses can verify their online identities anywhere and anytime, without compromising on experience, inclusion, privacy or security. Onfido powers over 1,500 fintech, banking, andmarketplace clients globally—helping them onboard more users while reducing risk. Identity underpins all transactions, and over the coming years, access to everything will be based on every user's ability to easily and securely prove their legal identity. This will change how we think of access—everything from opening a bank account to self-checking-in to a hotel, and ultimately voting.
  • Zesty — Zesty by DoorDash
  • Carbo Culture — We are a project developer with proprietary climate technology. We are building a rapidly scalable biochar carbon removal solution.
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Radius Capital
VC Fund · San Francisco, California, United States · 2 investments in Croatia Hardware startups, 7 in the past 12 months

Early stage investors in the enabling technologies driving cyber-physical systems and advanced air mobility

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Investment focus

  • Industry: Software, Artificial Intelligence, Machine Learning
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Croatia, Ireland

Investor stats

  • Total investments: 16
  • Round size: Seed $5M–$16M; Pre-Seed $470k–$2.8M; Series A $15M–$32M
  • Lead/follow: 6% lead, 94% follow

Portfolio highlights

  • Orqa — Orqa d.o.o. was founded in 2018...
  • C-Infinity
  • Worldscape — Worldscape.ai is a developer of AI-powered geospatial intelligence software for defense, government, and enterprise applications,
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Lightspeed Venture Partners
VC Fund · Menlo Park, California, United States · 2 investments in Croatia Hardware startups

Lightspeed Venture Partners is a multi-stage venture capital firm focused on accelerating disruptive innovations and trends.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Series A, Series B, Seed
  • Geography: United States, India, Israel

Investor stats

  • Total investments: 1497
  • Round size: Seed $2.2M–$30M; Series A $6.5M–$90M; Series B $13M–$125M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely still investing — raised $2.4B in 2022

Portfolio highlights

  • k-ID — At k-ID, we specialize in integrating safety and privacy by design compliance solutions for digital platforms, focusing on creating a safer, more responsible online environment for children and teenagers.
  • CuspAI — CuspAI is a revolutionary AI startup that is developing a platform for next-generation materials to address global sustainability and renewable energy concerns. CuspAI uses cutting-edge generative AI, deep learning, and molecular simulation to accelerate the material design process. Their platform works similarly to a search engine for materials,allowing users to request certain properties for new materials on demand.
  • Fiddler Labs — Monitor, observe, analyze, and explain your machine learning models in production with Fiddler AI. Maximize ML model performance with our Model Performance Management Platform that simply plugs in.
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LocalGlobe
VC Fund · London, England, United Kingdom · 2 investments in Croatia Hardware startups

Seeding ambitious founders at places like @citymapper, @improbableio,@teamkano, @moo, @songkick,@seedcamp, @transferwise and @zoopla since 1999. Who's next?

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United Kingdom, United States, France

Investor stats

  • Total investments: 333
  • Round size: Seed $1.5M–$12M; Pre-Seed $1M–$3.5M; Series A $3.5M–$33M
  • Lead/follow: 37% lead, 63% follow
  • Last fund: Likely still investing — raised $500M in 2022

Portfolio highlights

  • Wefarm — Wefarm is a farmer-to-farmer digital network that enables farmers to share information via SMS. The company allows small-scale farmers to connect with one another to solve problems, share ideas, and spread innovation. Utilizing the latest machine learning technology, Wefarm’s service works both online and over SMS.Since its founding in 2015,Wefarm has been named one of Africa’s Most Innovative Companies by FastCompany and has won Google’s Impact Challenge Award, TechCrunch’s Europas-Tech for Good Award, and the European Union Commission’s Ideas from Europe prize, among others. The company is headquartered in London with a field presence in Nairobi, Kampala, and Dar-es-Salaam.
  • Circular — Developers-focused job platform for Software Developers, DevOps, Data Science & more. Sign up now and get access to successful hiring processes in Spain, Remote.
  • Victory League — Victory League is a profit-driven sports entertainment organization that uses mass-market events and media manipulation to benefit athletes financially.
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

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Rite-Hite
VC Fund · Milwaukee, Wisconsin, United States · 2 investments in Croatia Hardware startups

Rite-Hite is a world leader in the manufacture, sale, and service of loading dock equipment, industrial doors, safety barriers, HVLS fans, industrial curtain walls, and more - all designed to improve safety, security, productivity, energy savings, and environmental control. Watch Rite-Hite's Always Looking Ahead video below to learn more.

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Investment focus

  • Industry: Software, Machine Learning, Robotics
  • Stage:Series A, Seed
  • Geography: United States, Croatia

Investor stats

  • Total investments: 9
  • Round size: Series A $31M–$32M
  • Lead/follow: 11% lead, 89% follow

Portfolio highlights

  • Voxel — Eliminate near-misses and stop injuries before they happen. Teach your security cameras to detect safety hazards and inefficiencies in real-time.
  • Gideon — Gideon develops autonomous, mobile, collaborative and modular robots for unstructured, indoor, human industrial environments. They are one of the largest robotics engineering companies in Central and Southeastern Europe. Founded in 2017, the company is headquartered in Zagreb, Croatia.
  • Gideon Brothers — Gideon Brothers develops autonomous, mobile, collaborative and modular robots for unstructured, indoor, human industrial environments. They are one of the largest robotics engineering companies in Central and Southeastern Europe. Founded in 2017, the company is headquartered in Zagreb, Croatia.
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Prologis Ventures
VC Fund · San Francisco, California, United States · 2 investments in Croatia Hardware startups

Prologis Ventures invests in Series A through Growth stage companies focused on innovating in the logistics sector. Prologis Ventures' thesis-driven investment strategy is centered on addressing Prologis customers' most critical pain points in supply chain and transportation, digital buildings and infrastructure, and real estate andconstruction.Prologis Ventures is the partner of choice to accelerate growth, navigate challenges, and bring innovative solutions to market.

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Investment focus

  • Industry: Software, Logistics, Artificial Intelligence
  • Stage:Series A, Series B, Series C
  • Geography: United States, China, Croatia

Investor stats

  • Total investments: 55
  • Round size: Series A $7M–$32M; Series B $13M–$54M; Series C $20M–$115M
  • Lead/follow: 15% lead, 85% follow

Portfolio highlights

  • Kinetic — Kinetic creates wearable devices and cloud-based software that reduces workplace injuries, for the industrial workforce.REFLEX, the company's product is a device that employs analytics to provide reminders and notifications to workers once the device detects a high-risk motion such as unsafe postures that could cause injuries in theconstruction, warehouses, and factories environment. It can also be used as a sensor that detects COVID-19 exposure.In 2014, Haytham Elhawary and Aditya Bansal established Kinetic in New York, New York.
  • FreightWaves — FreightWaves is the most trusted provider of global supply chain market intelligence. Our high-frequency price, demand, and capacity data and analysis allow our customers to benchmark, analyze, monitor and forecast the global physical economy.
  • Terminal Industries — Terminal Logistics is automating the yard, one of the last great frontiers of untapped value in transportation.
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Koch Disruptive Technologies
VC Fund · Wichita, Kansas, United States · 2 investments in Croatia Hardware startups

Founded in November 2017 upon the spirit of transformation, Koch Disruptive Technologies (KDT) originates and invests in promising entrepreneurs and technologies across industries to improve Koch Industries' existing businesses and create new opportunities.Based in Wichita, Kansas, Koch Industries, Inc. is one of the largest privatecompanies in America with estimated annual revenues as high as $100 billion, according to Forbes. It owns a diverse group of companies involved in refining, chemicals, and biofuels; forest and consumer products; fertilizers; polymers and fibers; process and pollution control equipment and technologies; electronics; information systems; commodity trading; minerals; energy; glass; ranching; and investments. Since 2003, Koch companies have invested more than $80 billion in acquisitions and other capital expenditures. With a presence in about 60 countries, Koch companies employ more than 120,000 people worldwide, with about 70,000 of those in the United States. From January 2009 to present, Koch companies have earned more than 1,200 awards for safety, environmental excellence, community stewardship, innovation, and customer service.Learn more about KDT at http://news.kochind.com/news/2017/koch-disruptive-technologies-ready-to-transform

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Investment focus

  • Industry: Software, Artificial Intelligence, Health Care
  • Stage:Series A, Series B, Series C
  • Geography: United States, Israel, Croatia

Investor stats

  • Total investments: 90
  • Round size: Series A $10M–$55M; Series B $21M–$110M; Series C $40M–$255M
  • Lead/follow: 71% lead, 29% follow

Portfolio highlights

  • proteanTecs — proteanTecs' platform applies machine learning & analytics to data from chip-embedded Agents providing insights & predictions on performance and reliability.
  • Celestial AI — We develop audacious AI computing platforms that elevate performance, energy and economic efficiencies, enabling our customers to rapidly deploy innovations in their AI applications.
  • Optimal Dynamics — Optimal Dynamics' AI solution provides real answers by using dynamic forecasting models to simulate downstream impacts with confidence.
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Pentland Ventures
VC Fund · London, England, United Kingdom · 2 investments in Croatia Hardware startups

Pentland Group has been proudly supporting people to build the businesses of the future since 1932. Pentland Ventures is the Group’s direct investments division. We aim to combine the conviction of a venture capital fund, the financial discipline of a private equity firm, the operational expertise of a strategic investor and the long-term outlookand values of a fourth-generation family business.

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Investment focus

  • Industry: Software, Health Care, Fitness
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, United Kingdom, Croatia

Investor stats

  • Total investments: 16
  • Round size: Seed $1M–$11M; Series A $5M–$31M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Windmill — Windmill is family-run and built on 60 years of air care expertise. Our air products are thoughtfully designed with you and the planet in mind. Learn more here!
  • Sava Technology — SAVA is reinventing health monitoring with a novel biosensing platform enabling real-time, affordable, and painless molecular monitoring.
  • Diaspora Co. — We're building a better spice trade, equitably and deliciously. We source South Asia's freshest, heirloom, and single-origin spices, directly from our partner farms to bring you next level flavor and fragrance!
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NJF Capital
VC Fund · London, England, United Kingdom · 1 investments in Croatia Hardware startups

NJF Capital is the venture capital arm of NJF Holdings, founded by investor and entrepreneur Nicole Junkermann.

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Investment focus

  • Industry: Artificial Intelligence, Software, Biotechnology
  • Stage:Seed, Series A, Series B
  • Geography: United States, United Kingdom, Germany

Investor stats

  • Total investments: 60
  • Round size: Seed $1.2M–$7.7M; Series A $5.5M–$25M; Series B $11M–$52M
  • Lead/follow: 2% lead, 98% follow

Portfolio highlights

  • Waiv — We integrate the best of human and artificial intelligence to deliver better drugs and diagnostics at scale.
  • Bioptimus — Our mission is to build the first universal AI foundation model for biology to fuel breakthrough discoveries and accelerate innovations in biomedicine and beyond.
  • Evolv AI — Evolv AI is the first AI-led experience optimization platform that recommends, builds, deploys and optimizes testing ideas for you.
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Nenad Bakić
Angel · 1 investments in Croatia Hardware startups

Nenad Bakić

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Investment focus

  • Industry: Robotics, Software, Machine Learning
  • Stage:Series A
  • Geography: Croatia

Investor stats

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

Portfolio highlights

  • Gideon Brothers — Gideon Brothers develops autonomous, mobile, collaborative and modular robots for unstructured, indoor, human industrial environments. They are one of the largest robotics engineering companies in Central and Southeastern Europe. Founded in 2017, the company is headquartered in Zagreb, Croatia.
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Ankur Singla
Angel · New Delhi, Delhi, India · 1 investments in Croatia Hardware startups

Ankur Singla

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Investment focus

  • Industry: E-Commerce, Retail, Consumer
  • Stage:Seed, Angel, Pre-Seed
  • Geography: India, Croatia

Investor stats

  • Total investments: 4
  • Round size: Seed $355k–$357k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • iService — iService, an electronic device repairing startup.The rates for service repair are between what is offered at authorized repair outlets of gadget companies and at local gadget repair shops.
  • Qwk, The Convenience App — Urban life is demanding, Convenience is broken. Qwk makes convenience accessible to everyone right at their disposal.
  • Life & Pursuits — Life & Pursuits offers a wide range of Internationally Certified Organic Beauty & Wellness Products. Our products are certified by USDA and India Organic. Shop online for 100% Safe and effective Wellness and Personal Care Products.
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Aprameya Radhakrishna
Angel · Bengaluru, Karnataka, India · 1 investments in Croatia Hardware startups

Aprameya loves singing romantic songs and is the quintessential dreamer who doesn’t fear to experiment. He used to be the Head of Business Development for PDS at Jones Lang LaSalle India where he spent almost 3 years post his graduation from IIM Ahmedabad. He has worked at Infosys and has an Electronics engineering degree from NITK Surthkal andif all this has made you think he’s a geek, ask his close friends and they would say otherwise!

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Investment focus

  • Industry: Internet, Software, Retail
  • Stage:Seed, Angel, Pre-Seed
  • Geography: India, Croatia, Singapore

Investor stats

  • Total investments: 44
  • Round size: Seed $200k–$3M; Angel $250k–$500k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • GoodGudi — GoodGudi is a Lifestyle retail shopping destination. Our Stores sell Travel Accessories, Fashion Accessories, Home Improvement products, Toys and Cosmetics
  • Basil — Lunch has never been so fun! India's first stainless steel & leakproof bento lunch boxes and insulated water bottles! Designed for today's kids and the child in you!
  • Evolved Foods — Evolved Foods is a sustainable eatery manufacturing company that designs and delivers plant based proteins and edible nutritional products.
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Peaksjah
VC Fund · 1 investments in Croatia Hardware startups

Peaksjah

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Investment focus

  • Industry: Software, Music, Events
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Croatia, Estonia, United States

Investor stats

  • Total investments: 5
  • Round size: Pre-Seed $130k–$132k
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • MarkeDroid — MarkeDroid is Energy Orchestration Platform that helps installers and siteowners profit from turning traditional energy systems into AI-powered solutions.
  • mu-ray.tech — Mu-ray.tech is focused on advancing the field of medical diagnostics and industrial quality control. mu-ray.tech is developing a groundbreaking technology for the rapid, safe and accurate 3D-imaging of the chemical composition of scanned objects, serving critical needs in industrial quality control and medical diagnostics. The technology is basedon Muon Beam Imaging (MBI), an innovative technology leveraging Laser Plasma Accelerator-based artificial muon sources, new generation particle detector systems and AI. In industry, we are working with the partners in the heavy, aerospace, and defence domains.mu-ray.tech operates at the three sites: DESY in Hamburg (hardware), Tehnopol in Tallinn (algorithms and software), and Bradfield Centre in Cambridge (algorithms, business development). Our main collaboration on the MBI technology partners are GScan in Estonia and UK, DESY in Hamburg, the University of Cambridge, and KBFI in Tallinn.
  • Gideon Brothers — Gideon Brothers develops autonomous, mobile, collaborative and modular robots for unstructured, indoor, human industrial environments. They are one of the largest robotics engineering companies in Central and Southeastern Europe. Founded in 2017, the company is headquartered in Zagreb, Croatia.
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Marko Kovac
Angel · Zagreb, Grad Zagreb, Croatia · 1 investments in Croatia Hardware startups

Marko Kovac is the Founder and Chief Product Strategist at Repsly

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Investment focus

  • Industry: Software, Developer Tools, Cloud Infrastructure
  • Stage:Pre-Seed
  • Geography: Croatia

Investor stats

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

Portfolio highlights

  • Mantil — Serverless development kit for Go and AWS Lambda
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Igor Anić
Angel · 1 investments in Croatia Hardware startups

Igor Anić

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Investment focus

  • Industry: Software, Developer Tools, Cloud Infrastructure
  • Stage:Pre-Seed
  • Geography: Croatia

Investor stats

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

Portfolio highlights

  • Mantil — Serverless development kit for Go and AWS Lambda
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AE Ventures
VC Fund · 1 investments in Croatia Hardware startups

Investment focus

  • Industry: IaaS, Big Data, Computer
  • Stage:Pre-Seed
  • Geography: Kenya, Croatia

Investor stats

  • Total investments: 2
  • Round size: Pre-Seed $150k–$250k
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • AMPnet — AMPnet is a set of white-label crowdinvesting platforms with a central P2P marketplace for renewable energy shares. Through our platform, renewable energy communities all over Europe are providing much-needed liquidity to their investments and connecting directly to large financers of renewables such as NGOs, carbon offseting schemes, etc...
  • UTU Technologies — Trust infrastructure for the sharing economy.
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Blume Ventures
VC Fund · Mumbai, Maharashtra, India · 1 investments in Croatia Hardware startups

Backing the next wave of revolutionary founders, from India, for the world.

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Investment focus

  • Industry: Software, Information Technology, Internet
  • Stage:Seed, Series A, Series B
  • Geography: India, United States, Singapore

Investor stats

  • Total investments: 341
  • Round size: Seed $616k–$6.6M; Series A $2M–$18M; Series B $3.5M–$45M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: Likely still investing — raised $23M in 2023

Portfolio highlights

  • Jai Kisan — Jai Kisan provides Instant credit options for rural India. Trusted by farmers, retailers, and businesses. Instant Credit & supply chain financing Apply for Credit Now!
  • Pitstop — Pitstop offers general repair and maintenance services for cars through its doorstep service vehicles. It features an online platform delivering a one-stop solution for all car care needs and provides quality, economical, and convenient car service. Pitstop was founded in 2015 and headquartered in Bengaluru, Karnataka.
  • HealthAssure — Building India's first OPD Health Care Plan
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Girish Mathrubootham
Angel · Chennai, Tamil Nadu, India · 1 investments in Croatia Hardware startups

Girish Mathrubootham is based out of Burlingame and is the Co -Founder of Hotline. Girish previously worked at Zoho Corporation as a Vice President - Product Management. Girish Mathrubootham attended University of Madras.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Seed, Angel, Series A
  • Geography: India, United States, Singapore

Investor stats

  • Total investments: 65
  • Round size: Seed $400k–$5.5M; Angel $250k–$750k; Series A $123k–$5M
  • Lead/follow: 12% lead, 88% follow

Portfolio highlights

  • Pepul — Pepul is the safest social network built with positive culture where friends and families come together to share their stories to their loved ones and talents to the world. Your Privacy is our Priority.
  • Scripbox — Looking to invest in direct or regular mutual funds? Welcome to Scripbox & get personalised fund recommendation based on your goals. Grow wealth with Scripbox.
  • PickYourTrail — Discover fully customizable international holidays crafted to suit your travel style and budget. Enjoy curated experiences, flexible plans, and memorable getaways to top global destinations.
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SparkLabs Global Ventures
VC Fund · Palo Alto, California, United States · 1 investments in Croatia Hardware startups

SparkLabs Global Ventures is a venture capital firm that offers seed-stage investment services to firms in the SaaS, healthcare, education, IoT, fintech, mobile, commerce, HR, gaming, security, and VR industries. It was founded in Dec 2013 and is based in California.Exceptional entrepreneurs, that are building strong, category defining companiesat highly advantageous valuations – can be found anywhere. The company has a team that is highly experienced in finding such talent and helping our entrepreneurs to develop, grow, network, and scale into other markets throughout the world.

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Investment focus

  • Industry: Software, Internet, Information Technology
  • Stage:Seed, Series A
  • Geography: United States, South Korea, Singapore

Investor stats

  • Total investments: 81
  • Round size: Seed $223k–$3M; Series A $769k–$8.6M
  • Lead/follow: 9% lead, 91% follow
  • Last fund: May invest from a new fund soon — raised $6.2M in 2018

Portfolio highlights

  • Splab — Handle everything from marketing to buyer matching, even without a full team. We cover: multi-stakeholder bookkeeping, virtual & physical events registration management, event tech setup, matchmaking, ticket sales & marketing, and post-event reporting.
  • Nitra — Nitra offers expense management software that integrates with the banks to provide innovative loan products.
  • Pierrot Company — Pierrot Company is a Korea-based circular commerce company focused on extending the lifecycle of IT devices through subscription, asset recovery, and cross-border trade. The company operates phoneGO, a device subscription service for consumers and businesses, and reGO, a service that helps organizations recover and monetize idle IT assets.Building on these operating data and supply networks, Pierrot Company is also developing reGO Trade, a global infrastructure layer for used IT device pricing, discovery, and transaction enablement. The company aims to improve transparency, liquidity, and reuse in the fragmented secondary market for electronics while reducing unnecessary e-waste.By combining operational know-how, market data, and international buyer networks, Pierrot Company is building a more efficient and scalable circular economy for IT assets.
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Expeditions
VC Fund · Warsaw, Mazowieckie, Poland · 1 investments in Croatia Hardware startups, 9 in the past 12 months

Expeditions invests in dual-use companies across deep tech sectors including cybersecurity, defence & intelligence, autonomy, AI, quantum, privacy, communications solutions and space.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United Kingdom, United States, Estonia

Investor stats

  • Total investments: 43
  • Round size: Seed $850k–$18M; Pre-Seed $750k–$10M; Series A $6.7M–$35M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: Likely still investing — fund raised in 2021

Portfolio highlights

  • EGIDE — EGIDE develops advanced systems designed for rapid, cost-efficient drone interception. enables reliable neutralization of aerial threats across critical infrastructure and defense environments. Our technology delivers missile-grade effectiveness at a fraction of the cost, addressing the evolving challenges of modern airspace security.
  • Twin Prime — Twin Prime is a frontier AI research lab building advanced intelligence systems to strengthen democratic nations and safeguard global societies.The company focuses on developing cutting-edge AI models that enhance national security, strategic defense, and resilient decision-making in an increasingly complex world by combining innovation, security,and responsible deployment.
  • Orqa — Orqa d.o.o. was founded in 2018...
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AYMO Ventures
VC Fund · Zagreb, Grad Zagreb, Croatia · 1 investments in Croatia Hardware startups

AYMO Ventures is an growth VC fund that invests in early- and mid-stage startups and scaleups based in Southeast Europe.

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Investment focus

  • Industry: Software, Drones, Consumer
  • Stage:Seed, Series A
  • Geography: Croatia

Investor stats

  • Total investments: 2
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Crumbs — Crumbs is a platform that focuses on reducing food waste by connecting consumers with surplus food from local restaurants and wholesalers.
  • Orqa — Orqa d.o.o. was founded in 2018...
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Ivan Topčić
Angel · 1 investments in Croatia Hardware startups

Ivan Topčić

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Investment focus

  • Industry: Robotics, Software, Machine Learning
  • Stage:Series A
  • Geography: Croatia

Investor stats

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

Portfolio highlights

  • Gideon Brothers — Gideon Brothers develops autonomous, mobile, collaborative and modular robots for unstructured, indoor, human industrial environments. They are one of the largest robotics engineering companies in Central and Southeastern Europe. Founded in 2017, the company is headquartered in Zagreb, Croatia.
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Vijay Sharma
Angel · Bengaluru, Karnataka, India · 1 investments in Croatia Hardware startups

Belong Cofounder Vijay Sharma

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Investment focus

  • Industry: Telecommunications, Security, Electronics
  • Stage:Seed
  • Geography: India, Croatia, United States

Investor stats

  • Total investments: 3
  • Round size: Seed $355k–$3.6M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Arcjet — Arcjet helps developers protect their apps in just a few lines of code. Implement rate limiting, bot protection, email validation, and defense against common attacks.
  • iService — iService, an electronic device repairing startup.The rates for service repair are between what is offered at authorized repair outlets of gadget companies and at local gadget repair shops.
  • iService — iService provides gadget repairs and services for smartphones and laptops at customer homes and its four brick-and-mortar service centres.
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Mekin Maheshwari
Angel · Bengaluru, Karnataka, India · 1 investments in Croatia Hardware startups

Mekin Maheshwari - Advisor @ Mentr

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Investment focus

  • Industry: Software, Apps, Internet
  • Stage:Seed, Angel, Pre-Seed
  • Geography: India, United States, Croatia

Investor stats

  • Total investments: 30
  • Round size: Seed $355k–$1.8M; Angel $36k–$750k; Pre-Seed $250k–$369k
  • Lead/follow: 3% lead, 97% follow

Portfolio highlights

  • ONWO — Discover premium sweeteners and trading solutions with Onwo, your trusted partner in international trade.
  • Dr. Paws — Dr. Paws is a brand specializing in premium pet care products. It offers solutions designed to enhance the health and well-being of pets.
  • Billion Hearts — Did you sign-up for our beta launch?
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Hardware Investor funding in Croatia at a glance

Stats across 27 deals from 37 investors.

37
investors
in Croatia Hardware startups
27
deals
in Croatia Hardware startups
$392k
median round
in Croatia Hardware startups
30%
lead investors
lead at least one round
52%
Seed
most common funding stage
65/35
VC / Angel
share of investor count

Access all 37 investors in Croatia Hardware startups.

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