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Top 30 Hardware Startup Investors in Croatia (July 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–$1.4M
HCVC
VC Fund
6 United States, France, United Kingdom Seed, Series A, Pre-Seed Software, Artificial Intelligence, Robotics $920k–$30M
Luca Ascani
Angel
6 France, Italy, United Kingdom Seed, Pre-Seed, Series A FinTech, Software, Financial Services $589k–$37M
Taavet Hinrikus
Angel
5 United Kingdom, United States, Estonia Seed, Series A, Series B FinTech, Software, Financial Services $1M–$50M
Day One Capital
VC Fund
3 Hungary, United States, Croatia Seed, Series A, Pre-Seed Software, Information Technology, Artificial Intelligence $310k–$35M
Lightspeed Venture Partners
VC Fund
3 United States, India, Israel Series A, Series B, Seed Software, Information Technology, Artificial Intelligence $2.5M–$125M
Prologis Ventures
VC Fund
2 United States, China, Croatia Series A, Series B, Series C Software, Logistics, Artificial Intelligence $7M–$115M
Rite-Hite
VC Fund
2 United States, Croatia Series A, Seed Software, Machine Learning, Robotics $31M–$32M
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, Series B Software, Health Care, Machine Learning $1M–$31M
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
LocalGlobe
VC Fund
2 United Kingdom, United States, France Seed, Series A, Pre-Seed Software, Artificial Intelligence, Information Technology $1M–$33M
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 $650k–$36M
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–$37M
AYMO Ventures
VC Fund
1 Croatia, United States Series A, Seed Software, Apps, Drones $7.2M–$15M
Mekin Maheshwari
Angel
1 India, United States, Croatia Seed, Angel, Pre-Seed Software, Apps, Internet $36k–$1.8M
Linic Ltd
VC Fund
1 Croatia Seed Robotics, Software, Machine Learning
Ivan Topčić
Angel
1 Croatia Series A Robotics, Software, Machine Learning
Taiwania Capital Management Corporation
VC Fund
1 United States, Taiwan, United Kingdom Series A, Series B, Seed Software, Artificial Intelligence, Biotechnology $3M–$85M
Girish Mathrubootham
Angel
1 India, United States, Singapore Seed, Angel, Series A Software, SaaS, Information Technology $123k–$5.5M
Vijay Sharma
Angel
1 India, Croatia, United States Seed Telecommunications, Security, Electronics $355k–$3.6M
Hrvoje Zlatar
Angel
1 Croatia Pre-Seed Software, Developer Tools, Cloud Infrastructure
Decisive Point
VC Fund
1 United States, Croatia, Germany Seed, Series A Artificial Intelligence, Software, Aerospace $300k–$100M
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
Peaksjah
VC Fund
1 Croatia, Estonia, United States Pre-Seed, Seed, Series A Software, Music, Events $130k–$132k
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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: 127
  • Round size: Seed $50k–$1.4M; Pre-Seed $55k–$549k
  • Lead/follow: 28% lead, 72% follow

Portfolio highlights

  • HEU — HEU is a legaltech company that automates and manages legal documents and allows users to edit and share them.
  • tvbeat — Established in 2013, TVbeat provides a comprehensive TV Inventory Management & Yield Optimization SaaS Framework designed for TV Inventory owners, giving such TV sell-side players the essential tools to succeed in the ever changing TV ecosystem. Our SaaS Framework solves key addressable and non-addressable TV requirements & challengesthrough provision of holistic measurement, forecasting, planning, order management and optimization capabilities and self-serve applications. Such features can be leveraged across owned & operated TV inventories, media partner inventory and acquired inventory from 3rd party sources (DSPs & exchanges). TVbeat’s solution is being used successfully in the United States, United Kingdom, Canada, Ireland, France, Africas, Spain, Belgium, Middle East, Scandinavia to name a few. All of this is achieved by a world class team of engineers, data scientists, product managers and client support staff. Our offices are located in New York, London and Zagreb.
  • Povio App
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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: 93
  • 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

  • NavierAI — Custom engineering agents for CAD, CFD, meshing, and simulation workflows.
  • Chiral — Next-generation electronics with nanomaterials
  • Surge — SurgeCare leverages immune profiling and AI to reveal early immune signatures and drive better decisions in surgery, trauma, infection, and beyond.
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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–$37M; 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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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: 127
  • Round size: Seed $1M–$7.9M; Series A $7M–$47M; Series B $23M–$50M
  • Lead/follow: 15% lead, 85% follow

Portfolio highlights

  • Feather — Feather gives you insurance advice for expats in Germany. Our digital insurance agent will help you get the right insurance policies for your need.
  • Habito — We're the Treating Customers Fairly Champion of 2023 as voted for in the British Bank Awards. We're here to make mortgages easier - no paperwork, no stress and no fees.
  • Entrepreneurs First — We turn exceptional individuals into funded founders. We back you first, then give you a bridge to Silicon Valley.
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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: 55
  • Round size: Seed $310k–$6.1M; Pre-Seed $500k–$7.2M; Series A $2.7M–$35M
  • Lead/follow: 25% lead, 75% follow
  • Last fund: May invest from a new fund soon — raised $35M in 2018

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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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: 1714
  • Round size: Seed $2.5M–$30M; Series A $7M–$90M; Series B $13M–$125M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: Likely still investing — raised $2.4B in 2022

Portfolio highlights

  • Brale — Combining the best of CeFi & DeFi.
  • Razorpay — Online Payments India: Start Accepting Payments Instantly with Razorpay's Payment Suite, which Supports Netbanking, Credit Card & Debit Cards, UPI etc.
  • Matillion — Enterprise level data integration tools built for the cloud. Harness your data into transformative business insights. Your data is your competitive edge.
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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: 56
  • Round size: Series A $7M–$32M; Series B $13M–$54M; Series C $20M–$115M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • Relay — Relay is a tech-enabled delivery network, empowering businesses to grow and elevate their e-commerce operations.
  • PassiveLogic — The first fully autonomous platform for buildings.
  • 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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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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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: 99
  • Round size: Series A $10M–$56M; Series B $21M–$100M; Series C $40M–$255M
  • Lead/follow: 70% lead, 30% follow

Portfolio highlights

  • Orderful — Gain full control to onboard, manage and resolve all of your EDI trading partner relationships and transactions in real-time.
  • 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.
  • 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.
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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, Machine Learning
  • Stage:Seed, Series A, Series B
  • Geography: United States, United Kingdom, Croatia

Investor stats

  • Total investments: 21
  • Round size: Seed $1M–$11M; Series A $5M–$31M
  • Lead/follow: 24% lead, 76% follow

Portfolio highlights

  • Brami — We make delicious snack products using lupini beans, a Mediterranean legume snack packed with plant protein and fiber, but low in calories, carbs and sugar. Conquer hunger. Feel good.
  • 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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Access 48,091 investors

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

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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: 25
  • Round size: Seed $1M–$5.5M; Pre-Seed $484k–$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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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: 18
  • Round size: Seed $2.7M–$16M; Pre-Seed $470k–$2.8M; Series A $15M–$32M
  • Lead/follow: 6% lead, 94% 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.
  • Orqa — Orqa d.o.o. was founded in 2018...
  • C-Infinity
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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: 337
  • Round size: Seed $1.5M–$12M; Pre-Seed $1M–$3.3M; Series A $3.5M–$33M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: Likely still investing — raised $500M in 2022

Portfolio highlights

  • Dataform — Develop and operationalize scalable data transformations pipelines in BigQuery using SQL.
  • CYCLE — GetHenry is a rapidly growing subscription service for market-leading delivery companies. We make sure that thousands of couriers are on the move safely, quickly and comfortably every day. In this way, we not only create added value for delivery services, but also help to reduce transport-related CO2 emissions on the last mile.
  • 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.
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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: 361
  • Round size: Seed $650k–$5.5M; Series A $2M–$17M; Series B $4M–$36M
  • 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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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, 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: 45
  • Round size: Seed $2.8M–$18M; Pre-Seed $750k–$10M; Series A $10M–$37M
  • Lead/follow: 29% lead, 71% follow
  • Last fund: Likely still investing — fund raised in 2021

Portfolio highlights

  • Comand AI — Next generation command and control for defense & security operations
  • 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.
  • Dominion Dynamics — Dominion Dynamics is an advanced technology firm building a dual-use, AI-driven Arctic sensing network designed for both military and civilian applications, focusing on seamless multi-domain coordination and persistent regional surveillance.
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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, 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

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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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–$372k
  • Lead/follow: 3% lead, 97% follow

Portfolio highlights

  • Consuma — Consuma provides an AI-powered market intelligence platform that generates insights and identifies trends across the web.
  • Boba Bhai — Boba Bhai is a bubble tea brand that provides an unique and interactive bubble tea experience in the market.
  • Darwix AI — Unlock the power of your revenue teams with CUR8. Elevate your business, optimize revenue streams, and stay ahead in the competitive landscape. Discover what's possible with CUR8.
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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, Machine Learning
  • Stage:Seed
  • Geography: Croatia

Investor stats

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

Portfolio highlights

  • 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.
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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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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: 99
  • Round size: Seed $3M–$11M; Series A $4.2M–$85M; Series B $10M–$51M
  • Lead/follow: 57% lead, 43% follow

Portfolio highlights

  • Syncell — Advance your research with microscopy-guided tools for high-res protein discovery & mapping. See how our workflow enhances precision and discovery depth.
  • SafeLiShare
  • Metanoia Communications — High-Tech 5G Solutions. Connecting Life, Connecting People. Going beyond support, a true partnership.
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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 $400k–$5.5M; Angel $250k–$750k; Series A $123k–$5M
  • Lead/follow: 15% lead, 85% follow

Portfolio highlights

  • Art Of Time — Art Of Time is a luxury watch retailer specializing in a curated selection of timepieces from renowned brands. It follows an omnichannel retail model, combining physical showrooms with an e-commerce presence, video consultations, home shopping services, and personalized concierge experiences. Art of Time also collaborates with TimeVallée forimmersive boutiques that bring together Swiss luxury watch brands under one roof, offering rich brand portfolios alongside experiential services such as after-sales care, gifting consultations, customization, and watch-making events.
  • 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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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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Hrvoje Zlatar
Angel · 1 investments in Croatia Hardware startups

Hrvoje Zlatar

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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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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: 33
  • Round size: Seed $300k–$15M; Series A $7M–$100M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: Likely still investing — fund raised 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.
  • Scout AI — Scout AI is building the robotic foundation model for defense.
  • 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.
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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

  • 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 San Francisco-based fintech business that recently released the Pesto Mastercard a next-generation asset-backed secured credit card.
  • 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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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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Hardware Investor funding in Croatia at a glance

Stats across 29 deals from 40 investors.

40
investors
in Croatia Hardware startups
29
deals
in Croatia Hardware startups
$384k
median round
in Croatia Hardware startups
33%
lead investors
lead at least one round
52%
Seed
most common funding stage
68/33
VC / Angel
share of investor count

Access all 40 investors in Croatia Hardware startups.

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