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Top 30 Hardware Startup Investors in Croatia (September 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
18 Croatia, Slovenia, United Kingdom Seed, Pre-Seed Software, Information Technology, SaaS $50k–$1.2M
HCVC
VC Fund
6 United States, France, United Kingdom Seed, Series A, Pre-Seed Software, Artificial Intelligence, Robotics $860k–$30M
Taavet Hinrikus
Angel
6 United Kingdom, United States, Estonia Seed, Series A, Series B FinTech, Software, Financial Services $1.4M–$58M
Luca Ascani
Angel
6 Italy, France, United Kingdom Seed, Pre-Seed, Series A FinTech, Software, Financial Services $593k–$37M
Lightspeed Venture Partners
VC Fund
3 United States, India, Israel Series A, Series B, Seed Software, Information Technology, Artificial Intelligence $2M–$125M
Koch Disruptive Technologies
VC Fund
3 United States, Israel, Croatia Series A, Series B, Series C Software, Artificial Intelligence, Health Care $10M–$255M
Day One Capital
VC Fund
3 Hungary, United States, Croatia Seed, Series A, Pre-Seed Software, Artificial Intelligence, Information Technology $500k–$27M
Pentland Ventures
VC Fund
3 United States, United Kingdom, Croatia Seed, Series A, Venture - Series Unknown Health Care, Software, E-Commerce $1M–$32M
Prologis Ventures
VC Fund
2 United States, China, Croatia Series A, Series B, Series C Software, Logistics, Artificial Intelligence $7M–$115M
Ivan Topčić
Angel
2 Croatia Series A Robotics, Software, Machine Learning $31M–$32M
Rite-Hite
VC Fund
2 United States, Croatia Series A, Seed Software, Artificial Intelligence, Robotics $31M–$32M
LocalGlobe
VC Fund
2 United Kingdom, United States, France Seed, Series A, Pre-Seed Software, Artificial Intelligence, Information Technology $1M–$33M
David Rowan
Angel
2 United Kingdom, Croatia, Germany Seed, Pre-Seed, Angel Software, Machine Learning, Artificial Intelligence $486k–$5.5M
Peaksjah
VC Fund
2 Croatia, Estonia, United States Pre-Seed, Series A, Seed Software, Robotics, Machine Learning $130k–$32M
Nenad Bakic
Angel
2 Croatia Series A Robotics, Software, Machine Learning $31M–$32M
Radius Capital
VC Fund
2 United States, Croatia, Ireland Seed, Series A, Pre-Seed Software, Artificial Intelligence, Information Technology $470k–$32M
South Central Ventures
VC Fund
2 United States, United Kingdom, Serbia Seed, Pre-Seed, Series A Software, SaaS, Artificial Intelligence $34k–$5.3M
Vijay Sharma
Angel
1 India, Croatia, United States Seed Telecommunications, Security, Electronics $440k–$3.6M
Girish Mathrubootham
Angel
1 India, United States, Singapore Seed, Angel, Series A Software, SaaS, Information Technology $123k–$5.5M
Hrvoje Zlatar
Angel
1 Croatia Pre-Seed DevOps, Software, Developer Tools
Linic Ltd
VC Fund
1 Croatia Seed Robotics, Software, Mobile Apps
AYMO Ventures
VC Fund
1 Croatia, United States Series A, Seed Software, Apps, Drones $7.2M–$15M
Decisive Point
VC Fund
1 United States, Croatia, Germany Seed, Series A Artificial Intelligence, Software, Aerospace $300k–$100M
Ankur Singla
Angel
1 India, Croatia Seed, Angel, Pre-Seed E-Commerce, Telecommunications, Retail $440k–$440k
Expeditions
VC Fund
1 United Kingdom, United States, Estonia Seed, Series A, Pre-Seed Software, Information Technology, Artificial Intelligence $750k–$37M
Aprameya Radhakrishna
Angel
1 India, Singapore, Croatia Seed, Angel, Pre-Seed Financial Services, Internet, Software $200k–$3.3M
Taiwania Capital Management Corporation
VC Fund
1 United States, Taiwan, United Kingdom Series A, Series B, Seed Software, Artificial Intelligence, Biotechnology $3M–$64M
Igor Anić
Angel
1 Croatia Pre-Seed DevOps, Software, Developer Tools
NJF Capital
VC Fund
1 United States, United Kingdom, Germany Seed, Series A, Series B Artificial Intelligence, Software, Biotechnology $1.2M–$52M
SparkLabs Global Ventures
VC Fund
1 United States, South Korea, Singapore Seed, Series A Software, Apps, Information Technology $264k–$8.6M
Access all 48 investors in Croatia Hardware startups.

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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 · 18 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: 170
  • Round size: Seed $50k–$1.2M; Pre-Seed $55k–$345k
  • Lead/follow: 35% lead, 65% follow
  • Last fund: May invest from a new fund soon — raised $51M in 2019

Portfolio highlights

  • HEU — Draft, sign and store contracts in one place. AI extracts deadlines and clauses, signatures valid in 180+ countries.
  • HyperBunker — Solution that ensures your information is always secure and recoverable, after a catastrophic cyberattack or system failure.
  • TDA — About TDA TDA is an award-winning global marketplace that connects companies with the world’s best digital agencies. Ultimately, we are just like you. Our international team comes from both digital agencies and the companies that use them. All of us were frustrated with the difficulties of finding the right match for successful partnerships.TDAis here to help companies and digital agencies meet, help you build your business and to make the world a more connected place. Whether your company needs digital marketing, web development or any number of other digital services, our simple, standardized and efficient process helps you find the right digital agency for your business. Finding an Agency With TDA Using TDA is quick and easy. Companies fill in information about what they need and then wait for digital agencies to pitch to them. Our system notifies digital agencies about the project and they pitch directly to the company on TDA in a standardized format. After reviewing agency pitches, companies can choose an agency to work with.Does TDA Take Commissions? We are a matchmaking site. This means we don’t get in the middle of communications, work or payments between companies and digital agencies. It also means that we don’t take any commissions. We exist solely to help companies find the best digital agencies in the world and to help those digital agencies showcase their services. TDA by the Numbers TDA was founded in 2018. In less than 12 months, over $43 million of projects had been placed on the platform. We have a network of over 5,000 digital agencies in 115 countries. We have won startup competitions, were the fastest ever financing round on a global equity crowdfunding platform and the very first investment of a leading venture capital fund. In February 2019, Startup Grind Silicon Valley named us a Top 50 Global Startup.
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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: 101
  • Round size: Seed $860k–$11M; Pre-Seed $1.4M–$5.2M; Series A $5.2M–$30M
  • Lead/follow: 25% lead, 75% follow
  • Last fund: Likely still investing — raised $75M in 2023

Portfolio highlights

  • NavierAI — Navier turns a plain-language request and a geometry file into a meshed, solved, and reviewed simulation study, delivered as an inspectable engineering report. Fluids, structures, thermal, multibody, and electromagnetics. Forward-deployed engineers available for scoped engagements.
  • Chiral — Next-generation electronics with nanomaterials
  • Karavela — Karavela is a company developing a "foundation model" of the human brain using large-scale brain imaging data (like MRI) and AI.
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Taavet Hinrikus
Angel · London, England, United Kingdom · 6 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: 135
  • Round size: Seed $1.4M–$10M; Series A $6.4M–$45M; Series B $23M–$58M
  • Lead/follow: 15% lead, 85% follow

Portfolio highlights

  • Lassie — AI that runs the doctor's office.
  • Open Cosmos — Open Cosmos design, build and operate space missions, providing straightforward access to high quality satellite data and insights on a global scale.
  • Lightyear — Lightyear is a simple and approachable way to invest your money globally without unnecessary barriers and fees.
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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: Italy, France, United Kingdom

Investor stats

  • Total investments: 41
  • Round size: Seed $1.1M–$14M; Pre-Seed $593k–$37M; Series A $4.3M–$32M
  • Lead/follow: 7% lead, 93% 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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Lightspeed Venture Partners
VC Fund · Menlo Park, California, United States · 3 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: 2378
  • Round size: Seed $2M–$26M; Series A $7M–$85M; Series B $15M–$125M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely actively investing — fresh fund, raised $600M in 2025

Portfolio highlights

  • Brale — One regulated system for stablecoin issuance, custody, payments, and compliance. 75+ programs in production across 45 US jurisdictions. SOC 2 Type II. Book a demo.
  • Tennr — Tennr is a custom AI assistant that accelerates research, answers complex questions, and generates custom reports.
  • Ricursive Intelligence — We develop frontier AI methods to reinvent chip development, collapsing traditional design timelines, closing the loop between AI and the hardware that fuels it, and enabling a Cambrian explosion of custom silicon.
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Koch Disruptive Technologies
VC Fund · Wichita, Kansas, United States · 3 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: 115
  • Round size: Series A $10M–$56M; Series B $25M–$100M; Series C $40M–$255M
  • Lead/follow: 68% lead, 32% follow

Portfolio highlights

  • Gatik — Gatik is the leader in autonomous middle mile delivery. Our autonomous box trucks move goods on short-haul B2B routes to improve supply chain efficiency.
  • HappyRobot — Happyrobot is the AI that extracts quantitative data from geospatial imagery with English queries
  • Rhino — Rhino.ai is an enterprise AI platform delivering intelligent automation solutions, AI workflow optimization, and scalable machine learning systems that transform operations and accelerate business growth.
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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, Artificial Intelligence, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Hungary, United States, Croatia

Investor stats

  • Total investments: 59
  • Round size: Seed $521k–$6.1M; Pre-Seed $500k–$7.2M; Series A $3M–$27M
  • Lead/follow: 27% lead, 73% follow
  • Last fund: Likely actively investing — fund raised in 2025

Portfolio highlights

  • 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
  • Volteum — Electric vehicle (EV) fleets made easy. Volteum helps companies transition to EVs, optimize charging, and manage electric car fleet operations efficiently.
  • Whalebone — Whalebone offers zero disruption cybersecurity products to Telcos, ISPs, and enterprises.
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Pentland Ventures
VC Fund · London, England, United Kingdom · 3 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: Health Care, Software, E-Commerce
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: United States, United Kingdom, Croatia

Investor stats

  • Total investments: 29
  • Round size: Seed $1M–$4.3M; Series A $5M–$32M; Venture - Series Unknown $2.1M–$26M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • Healf — Healf offers quality products across 4 pillars of health: Eat, Move, Mind, Sleep for health living.
  • Seat Unique — Seat Unique is an online marketplace to buy official hospitality packages and VIP tickets to live sports, music, and cultural events.
  • Oxford Quantum Circuits — Oxford Quantum Circuits developing technology using the power of quantum to do things which have never been achieved before, from enabling life-changing drug discoveries to developing new battery technologies.
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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: 60
  • Round size: Series A $7M–$35M; Series B $13M–$100M; Series C $20M–$115M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • UNIT AI — Simplify ecommerce fulfillment with AI-powered robotic inventory systems. 12x cheaper, plug-and-play, <12 month ROI. Transform single-item logistics.
  • Walden Robotics — Walden Robotics is an industrial robotics company that builds and deploys general-purpose, semi-humanoid robots for manufacturing and logistics.
  • Xnrgy Climate Systems — Xnrgy Climate Systems is an engineering and manufacturing company that provides air treatment systems for data centers, and industrial institutional buildings. They provide air systems and air handlers incorporating energy recovery technologies, cooling, heating coils, fans, and humidification systems.
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Ivan Topčić
Angel · 2 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: 2
  • Round size: Series A $31M–$32M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Gideon — Gideon is a robotics and AI company specializing in automating complex material handling processes for logistics, warehousing, manufacturing, retail, and other industries. The company is transforming the loading bay with TREY—its autonomous forklift purpose-built for trailer loading and unloading, one of the most challenging tasks in logistics.Powered by (Physical) AI and computer vision, Gideon’s autonomous mobile robots operate safely in dynamic, unstructured environments, working alongside people and equipment to boost efficiency, reduce manual labor, and improve workplace safety. With operations in Croatia and the USA, Gideon serves customers across North America, the UK, and Ireland. Its solutions help businesses address labor shortages, rising logistics demands, and operational inefficiencies through flexible automation and real-time workflow orchestration.
  • 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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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, Artificial Intelligence, 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 is a robotics and AI company specializing in automating complex material handling processes for logistics, warehousing, manufacturing, retail, and other industries. The company is transforming the loading bay with TREY—its autonomous forklift purpose-built for trailer loading and unloading, one of the most challenging tasks in logistics.Powered by (Physical) AI and computer vision, Gideon’s autonomous mobile robots operate safely in dynamic, unstructured environments, working alongside people and equipment to boost efficiency, reduce manual labor, and improve workplace safety. With operations in Croatia and the USA, Gideon serves customers across North America, the UK, and Ireland. Its solutions help businesses address labor shortages, rising logistics demands, and operational inefficiencies through flexible automation and real-time workflow orchestration.
  • 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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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: 434
  • Round size: Seed $1.5M–$12M; Pre-Seed $1M–$5.1M; Series A $4.2M–$33M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: Likely still investing — raised $500M in 2022

Portfolio highlights

  • nPlan — AI that forecasts project outcomes, creates scenarios of the future and helps mitigate risk across single projects and portfolios. Trained on over 750,000 past programmes.
  • Stream — Stream is a financial services firm that allows employees to stream their earned wages into their accounts through an instant app. The app allows them to have complete control over when they get paid. It also effectively ends the need for employee advances, loans, and employee stress suffered from short-term, unplanned financial obligations. Thecompany aims to play a key role in reducing the poverty premium and preventing employees from entering cycles of debt caused by overdraft fees, high-interest credit, or payday loans.
  • Resolutiion — Resolutiion provides AI-powered software for managing commercial conflict, delivery risk, and business relationship performance. The platform supports organizations with dispute detection, workflow automation, contract monitoring, issue resolution, and operational risk management across customers, suppliers, workforce teams, and commercialpartnerships. Its system uses AI-driven analysis to identify relationship friction, monitor delivery performance, and support structured resolution processes. Resolutiion also provides commercial intelligence tools, reporting, and collaboration features for enterprise delivery and governance management.
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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, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Angel
  • Geography: United Kingdom, Croatia, Germany

Investor stats

  • Total investments: 26
  • Round size: Seed $1M–$5.5M; Pre-Seed $486k–$2.6M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • EWOR — EWOR is a platform dedicated to transforming aspiring entrepreneurs into successful startup founders through world-class education, mentorship, and investment opportunities.
  • Climate X — Climate X combines climate science and econometrics to deliver precise climate risk data without any black boxes.
  • Rhizocore Technologies — We develop high-performance strains of locally-sourced mycorrhizal fungi to improve tree growth, tree health and tree resiliency. We offer a sustainable solution to increase forest yields whilst improving the ability of trees to sequester carbon.
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Peaksjah
VC Fund · 2 investments in Croatia Hardware startups

Peaksjah

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Investment focus

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

Investor stats

  • Total investments: 6
  • Round size: Pre-Seed $130k–$132k; Series A $31M–$32M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • MarkeDroid — Turn sites into intelligent power plants The world's most adaptable AI-powered Energy Orchestration Platform. Google Play App Store Our customers participate
  • mu-ray.tech — MuRay Tech generates a controlled muon beam to image inside solid metal and 3D printed pieces. Non-destructively. In minutes.
  • 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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Nenad Bakic
Angel · 2 investments in Croatia Hardware startups

Nenad Bakic is an angel investor based in Croatia.

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Investment focus

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

Investor stats

  • Total investments: 2
  • Round size: Series A $31M–$32M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Gideon — Gideon is a robotics and AI company specializing in automating complex material handling processes for logistics, warehousing, manufacturing, retail, and other industries. The company is transforming the loading bay with TREY—its autonomous forklift purpose-built for trailer loading and unloading, one of the most challenging tasks in logistics.Powered by (Physical) AI and computer vision, Gideon’s autonomous mobile robots operate safely in dynamic, unstructured environments, working alongside people and equipment to boost efficiency, reduce manual labor, and improve workplace safety. With operations in Croatia and the USA, Gideon serves customers across North America, the UK, and Ireland. Its solutions help businesses address labor shortages, rising logistics demands, and operational inefficiencies through flexible automation and real-time workflow orchestration.
  • 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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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, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Croatia, Ireland

Investor stats

  • Total investments: 19
  • Round size: Seed $2.7M–$16M; Pre-Seed $470k–$2.8M; Series A $15M–$32M
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • PhysicsX — PhysicsX develops AI-powered engineering software that combines physics-based modeling, simulation, data management, and machine learning to support product development, manufacturing, and operational workflows. Its platform enables organizations to build, train, deploy, and manage AI models that work alongside numerical simulations, helpingengineers evaluate designs, optimize processes, and analyze complex physical systems. The company provides tools for simulation orchestration, AI model development, data integration, and engineering applications within a unified environment. PhysicsX serves industries such as aerospace, automotive, semiconductors, materials, and energy, where engineering teams use its software to support design exploration, performance analysis, and decision-making across the product lifecycle.
  • C-Infinity — Pioneering AI for mechanical design and manufacturing. Our product, AutoAssembler, provides breakthrough assembly intelligence for complex physical systems.
  • Worldscape — Worldscape is the revolutionary development platform that enables integration of disparate technologies and datasets to enable AI automation.
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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: 63
  • Round size: Seed $224k–$3M; Pre-Seed $34k–$2M; Series A $335k–$5.3M
  • Lead/follow: 59% lead, 41% follow
  • Last fund: Likely still investing — raised $78M in 2022

Portfolio highlights

  • Bubo² — Easily sell & rent high-value equipment online with immersive 3D technology. Drive conversions and boost customer confidence.
  • GlycanAge — The only biological age test that accurately measures your unique response to life changes. Discover your biological age and make lifestyle improvements!
  • Katalist — KatalistAI is a design assistant that unleashes your marketing and design potential. Driven by cutting-edge AI, it streamlines your creative process, elevates your ideas, and amplifies productivity.
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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 $440k–$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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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: 67
  • Round size: Seed $440k–$5.5M; Angel $250k–$855k; Series A $123k–$5M
  • Lead/follow: 15% lead, 85% follow

Portfolio highlights

  • Art Of Time — Cartier, IWC Schaffhausen, Panerai, Jaeger-LeCoultre, Piaget, Breguet, Blancpain, Omega, Roger Dubuis, Baume & Mercier, Breitling & Mont Blanc
  • Presentations.AI — Create stunning PowerPoint presentations in seconds with Presentations.AI - the ultimate AI presentation maker. Just type your idea and watch as we craft a professional PPT for you. Perfect for all: businesses, educators, and hobbyists. Dive in now, start for free!
  • Baanhem Ventures — Baanhem Ventures represents a privately held entity with a concentration on the, supported by its designation as a non-government company.
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Hrvoje Zlatar
Angel · Zagreb, Grad Zagreb, Croatia · 1 investments in Croatia Hardware startups

Hrvoje Zlatar

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Investment focus

  • Industry: DevOps, Software, Developer Tools
  • 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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Linic Ltd
VC Fund · 1 investments in Croatia Hardware startups

Investment Fund

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Investment focus

  • Industry: Robotics, Software, Mobile Apps
  • Stage:Seed
  • Geography: Croatia

Investor stats

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

Portfolio highlights

  • Gideon — Gideon is a robotics and AI company specializing in automating complex material handling processes for logistics, warehousing, manufacturing, retail, and other industries. The company is transforming the loading bay with TREY—its autonomous forklift purpose-built for trailer loading and unloading, one of the most challenging tasks in logistics.Powered by (Physical) AI and computer vision, Gideon’s autonomous mobile robots operate safely in dynamic, unstructured environments, working alongside people and equipment to boost efficiency, reduce manual labor, and improve workplace safety. With operations in Croatia and the USA, Gideon serves customers across North America, the UK, and Ireland. Its solutions help businesses address labor shortages, rising logistics demands, and operational inefficiencies through flexible automation and real-time workflow orchestration.
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AYMO Ventures
VC Fund · Zagreb, Grad Zagreb, Croatia · 1 investments in Croatia Hardware startups

AYMO Ventures backs outlier founders across Croatia and the wider SEE region through accelerator and VC investments.

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Investment focus

  • Industry: Software, Apps, Drones
  • Stage:Series A, Seed
  • Geography: Croatia, United States

Investor stats

  • Total investments: 4
  • Round size: Series A $7.2M–$15M
  • Lead/follow: 75% lead, 25% follow
  • Last fund: Likely actively investing — fund raised in 2025

Portfolio highlights

  • Crumbs — Crumbs is a platform that focuses on reducing food waste by connecting consumers with surplus food from local restaurants and wholesalers.
  • Hypefy — An influencer marketing platform built for brands that want to discover creators, run campaigns, and measure performance with ease.
  • Orqa — Orqa d.o.o. was founded in 2018...
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Decisive Point
VC Fund · Beacon, New York, United States · 1 investments in Croatia Hardware startups

Decisive Point is a venture capital firm that invests in dual-use technology startups and offers government contract consulting services.

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Investment focus

  • Industry: Artificial Intelligence, Software, Aerospace
  • Stage:Seed, Series A
  • Geography: United States, Croatia, Germany

Investor stats

  • Total investments: 35
  • Round size: Seed $300k–$15M; Series A $7M–$100M
  • Lead/follow: 23% lead, 77% follow
  • Last fund: Likely still investing — raised $270k in 2023

Portfolio highlights

  • Scout Space — SCOUT's mission is to give spacecraft the ability to see and avoid potential threats. We improve SDA by up to 1000x.
  • Firestorm — Democratizing deterrence through the use of radically affordable, mission-adaptable unmanned aerial systems (UAS) and answering the call for future-proofed systems with open system architectures.
  • Aurelius Systems — We defend and protect the people, assets and infrastructure that matter most. Creators of Archimedes, the autonomous laser system for Counter-sUAS defense.
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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, Telecommunications, Retail
  • Stage:Seed, Angel, Pre-Seed
  • Geography: India, Croatia

Investor stats

  • Total investments: 4
  • Round size: Seed $440k–$440k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • iService — iService provides gadget repairs and services for smartphones and laptops at customer homes and its four brick-and-mortar service centres.
  • 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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Expeditions
VC Fund · Warsaw, Mazowieckie, Poland · 1 investments in Croatia Hardware startups, 10 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: 46
  • Round size: Seed $2.8M–$18M; Pre-Seed $750k–$10M; Series A $10M–$37M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: Likely actively investing — fresh fund, raised $235M in 2025

Portfolio highlights

  • Comand AI — Next generation command and control for defense & security operations
  • Project Q — European defence integration. Deployed with Bundeswehr, validated at NATO. Open-core, ITAR-free, no vendor lock-in. Connect sensors to C2 in seconds.
  • Dominion Dynamics — Building the autonomy stack for the Arctic, the harshest environment on Earth.
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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: Financial Services, Internet, Software
  • Stage:Seed, Angel, Pre-Seed
  • Geography: India, Singapore, Croatia

Investor stats

  • Total investments: 44
  • Round size: Seed $200k–$3.3M; 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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Taiwania Capital Management Corporation
VC Fund · Taipei, T'ai-pei, Taiwan · 1 investments in Croatia Hardware startups

NEWS Nurturing Stalwarts of Future Industries Taiwan us [...]

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Investment focus

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

Investor stats

  • Total investments: 132
  • Round size: Seed $3M–$11M; Series A $3M–$64M; Series B $11M–$55M
  • Lead/follow: 48% lead, 52% follow
  • Last fund: Likely still investing — raised $194M in 2022

Portfolio highlights

  • Luxonis — Build production-ready computer vision with OAK: AI depth cameras, stereo vision, and on-device inference for robotics, automation, and industrial applications.
  • Syncell — Advance your research with microscopy-guided tools for high-res protein discovery & mapping. See how our workflow enhances precision and discovery depth.
  • Shape Memory Medical — Smart polymer. Smart embolization. Smart choice. Reshaping your view of clinical success through the science of smart polymer.
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Igor Ani&#263;
Angel · Zagreb, Grad Zagreb, Croatia · 1 investments in Croatia Hardware startups

Igor Anić

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Investment focus

  • Industry: DevOps, Software, Developer Tools
  • 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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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: 65
  • Round size: Seed $1.2M–$7.9M; Series A $6M–$25M; Series B $11M–$52M
  • Lead/follow: 2% lead, 98% follow

Portfolio highlights

  • 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.
  • Pesto — Pesto is a fintech startup that offers Pesto Mastercard, an asset-backed secured credit card. Pesto Mastercard is making credit more affordable, even if you don’t have an excellent credit history or a good credit score.
  • 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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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, Apps, Information Technology
  • Stage:Seed, Series A
  • Geography: United States, South Korea, Singapore

Investor stats

  • Total investments: 84
  • Round size: Seed $264k–$3M; Series A $769k–$8.6M
  • Lead/follow: 8% lead, 92% follow
  • Last fund: Likely still investing — raised $700k in 2022

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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Hardware Investor funding in Croatia at a glance

Stats across 44 deals from 48 investors.

48
investors
in Croatia Hardware startups
44
deals
in Croatia Hardware startups
$293k
median round
in Croatia Hardware startups
27%
lead investors
lead at least one round
43%
Seed
most common funding stage
73/27
VC / Angel
share of investor count

Access all 48 investors in Croatia Hardware startups.

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