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Top 50 Startup Investors in Croatia (October 2026)

The most active venture capital funds and angel investors investing in Croatia startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Croatia 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
98 Croatia, United Kingdom, Slovenia Seed, Pre-Seed, Venture - Series Unknown Software, Information Technology, SaaS $50k–$2.4M
Nauta Capital
VC Fund
8 Spain, United Kingdom, United States Series A, Seed, Series B Software, SaaS, Mobile $1.2M–$27M
South Central Ventures
VC Fund
7 United States, United Kingdom, Serbia Seed, Pre-Seed, Series A Software, SaaS, Artificial Intelligence $34k–$5.3M
Feelsgood
VC Fund
7 Croatia, Ireland, Slovenia Seed, Pre-Seed, Series A Software, Food and Beverage, Gaming $352k–$2.8M
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
HCVC
VC Fund
6 United States, France, United Kingdom Seed, Series A, Pre-Seed Software, Artificial Intelligence, Robotics $860k–$30M
Day One Capital
VC Fund
6 Hungary, United States, Croatia Seed, Series A, Pre-Seed Software, Artificial Intelligence, Information Technology $500k–$27M
Credo Ventures
VC Fund
5 United States, United Kingdom, Czech Republic Seed, Series A, Pre-Seed Software, Artificial Intelligence, Information Technology $385k–$19M
SQ Capital
VC Fund
4 Croatia, United States, Canada Seed, Pre-Seed, Series A Software, Analytics, Human Resources $296k–$4M
Koch Disruptive Technologies
VC Fund
3 United States, Israel, Croatia Series A, Series B, Series C Software, Artificial Intelligence, Health Care $10M–$255M
Lunar Ventures
VC Fund
3 United Kingdom, United States, Germany Seed, Pre-Seed, Series A Software, Artificial Intelligence, Information Technology $35k–$14M
Lightspeed Venture Partners
VC Fund
3 United States, India, Israel Series A, Seed, Series B Software, Artificial Intelligence, Information Technology $2M–$125M
Silicon Gardens
VC Fund
3 United States, Slovenia, United Kingdom Seed, Pre-Seed, Series A Software, Apps, Information Technology $35k–$14M
J&T Ventures
VC Fund
3 Czech Republic, United States, United Kingdom Seed, Series A, Pre-Seed Software, Information Technology, Artificial Intelligence $317k–$14M
Pentland Ventures
VC Fund
3 United States, United Kingdom, Croatia Seed, Series A, Venture - Series Unknown Health Care, Software, E-Commerce $1M–$32M
AYMO Ventures
VC Fund
3 Croatia, United States Series A, Seed Software, Apps, Drones $7.2M–$15M
New Vision 3
VC Fund
2 Bulgaria, Italy, Croatia Seed, Pre-Seed, Venture - Series Unknown Software, Payments, Financial Services $108k–$3.4M
big_bets
VC Fund
2 Brazil, United States, Poland Seed, Pre-Seed, Series A Artificial Intelligence, Software, Financial Services $275k–$36M
Nenad Bakic
Angel
2 Croatia Series A Robotics, Software, Machine Learning $31M–$32M
Prologis Ventures
VC Fund
2 United States, China, Croatia Series A, Series B, Series C Software, Logistics, Artificial Intelligence $7M–$115M
Radius Capital
VC Fund
2 United States, Croatia, Ireland Seed, Series A, Pre-Seed Software, Artificial Intelligence, Information Technology $470k–$32M
ZAKA VC
VC Fund
2 United States, United Kingdom, Estonia Seed, Pre-Seed, Venture - Series Unknown Artificial Intelligence, Biotechnology, Software $250k–$10M
LocalGlobe
VC Fund
2 United Kingdom, United States, France Seed, Series A, Pre-Seed Software, Artificial Intelligence, Information Technology $1M–$30M
Marko Kovac
Angel
2 Croatia Seed, Pre-Seed Software, Apps, DevOps
PBZ
VC Fund
2 Croatia, France, Israel Post-IPO Debt, Debt Financing Renewable Energy, Energy, Manufacturing $3.2M–$320M
HV Capital
VC Fund
2 Germany, United States, United Kingdom Series A, Seed, Series B E-Commerce, Software, Internet $1.5M–$80M
SGH CAPITAL
VC Fund
2 United States, France, United Kingdom Seed, Series A, Pre-Seed Software, Financial Services, FinTech $120k–$27M
Rite-Hite
VC Fund
2 United States, Croatia Series A, Seed Software, Artificial Intelligence, Robotics $31M–$32M
Hrvoje Kaluder
Angel
2 Croatia Pre-Seed Smart Cities, Transportation, Internet of Things $43k–$55k
Damir Sabol
Angel
2 Croatia, United States Seed, Angel, Pre-Seed Software, Artificial Intelligence, Retail $2.8M–$4M
Peaksjah
VC Fund
2 Croatia, Estonia, United States Pre-Seed, Series A, Seed Software, Robotics, Machine Learning $130k–$32M
Esther Dyson
Angel
2 United States, Egypt, Canada Seed, Series A, Angel Health Care, Software, Artificial Intelligence $300k–$16M
daFUND
VC Fund
2 Croatia, Finland, Germany Seed, Pre-Seed, Convertible Note Hotel, Banking, FinTech $114k–$3.3M
Ivan Topčić
Angel
2 Croatia Series A Robotics, Software, Machine Learning $31M–$32M
Lead Ventures
VC Fund
2 Hungary, United Kingdom, Croatia Series A, Seed, Series B Software, Artificial Intelligence, SaaS $1.4M–$90M
Abstraction Capital
VC Fund
2 United States, Canada, France Seed, Pre-Seed, Series A Software, Artificial Intelligence, Developer Tools $300k–$21M
Portfolion
VC Fund
2 Hungary, Poland, United States Seed, Series A, Series B Software, Information Technology, Artificial Intelligence $550k–$45M
Simplico
VC Fund
2 Croatia Travel, Boating, Medical
Viktor Marohnic
Angel
2 Croatia Seed Apps, Software, Nutrition $352k–$1.5M
Playfair Capital
VC Fund
2 United Kingdom, United States, Switzerland Seed, Series A, Pre-Seed Software, Artificial Intelligence, Machine Learning $953k–$19M
Mihovil Barancic
Angel
2 Croatia, United States Seed, Angel Ticketing, Web Hosting, Developer APIs $158k–$200k
David Rowan
Angel
2 United Kingdom, Croatia, Germany Seed, Pre-Seed, Angel Software, Machine Learning, Artificial Intelligence $486k–$5.5M
Decisive Point
VC Fund
1 United States, Croatia, Germany Seed, Series A Artificial Intelligence, Aerospace, Software
Ted Pillows
Angel
1 Croatia Seed Web3, Developer APIs, Artificial Intelligence
Skynet Trading
VC Fund
1 United States, Singapore, Switzerland Seed, Series A Blockchain, Financial Services, Cryptocurrency
468 Capital
VC Fund
1 United States, Germany, Singapore Seed, Series A, Pre-Seed Software, Artificial Intelligence, Information Technology $500k–$42M
APX
VC Fund
1 Germany, United Kingdom, United States Pre-Seed, Seed, Series A Software, SaaS, Artificial Intelligence $55k–$15M
Mekin Maheshwari
Angel
1 India, United States, Croatia Seed, Angel, Pre-Seed Software, E-Commerce, Apps $36k–$1.8M
Acequia Capital (AceCap)
VC Fund
1 United States, United Kingdom, France Seed, Series A, Pre-Seed Software, Artificial Intelligence, Information Technology $500k–$25M
Access all 229 investors in Croatia startups.

Access 48,091 investors

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 · 98 investments in Croatia 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, Venture - Series Unknown
  • Geography: Croatia, United Kingdom, Slovenia

Investor stats

  • Total investments: 170
  • Round size: Seed $50k–$1.2M; Pre-Seed $55k–$345k; Venture - Series Unknown $221k–$2.4M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: May invest from a new fund soon — raised $51M in 2019

Portfolio highlights

  • FaceUp — Anonymous reporting, investigations, case management, disclosures, and analytics in one platform. Launch in hours. No IT project or consultants required.
  • DDD Invoices — Issue, receive & archive locally compliant invoices with one API. We handle worldwide country-specific requirements so you can focus on growth.
  • 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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Nauta Capital
VC Fund · London, England, United Kingdom · 8 investments in Croatia startups

We support visionary founders across Europe as they build the next generation of B2B software companies.

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Investment focus

  • Industry: Software, SaaS, Mobile
  • Stage:Series A, Seed, Series B
  • Geography: Spain, United Kingdom, United States

Investor stats

  • Total investments: 175
  • Round size: Seed $1.2M–$5.4M; Series A $2.7M–$11M; Series B $3.5M–$27M
  • Lead/follow: 57% lead, 43% follow
  • Last fund: Likely still investing — raised $220M in 2021

Portfolio highlights

  • NetBird — Wiretrustee is an open-source VPN platform built on top of WireGuard® making it easy to create secure private networks for your organization or home. It requires zero configuration effort leaving behind the hassle of opening ports, complex firewall rules, VPN gateways, and so forth.
  • Tangany — Europe's regulated digital asset custodian. Trusted by 60+ banks, brokers and financial institutions. MiCA-licensed and BaFin regulated from Germany. API-first.
  • Neurolabs — Neurolabs helps puts an end to out-of-stocks using a powerful combination of computer vision and synthetic data, improving customer experience and increasing revenue.
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South Central Ventures
VC Fund · Belgrade, Vojvodina, Serbia · 7 investments in Croatia 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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Feelsgood
VC Fund · Zagreb, Grad Zagreb, Croatia · 7 investments in Croatia startups

What we invest in today shapes the world we will live in tomorrow

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Investment focus

  • Industry: Software, Food and Beverage, Gaming
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Croatia, Ireland, Slovenia

Investor stats

  • Total investments: 13
  • Round size: Seed $352k–$2.8M; Pre-Seed $373k–$851k
  • Lead/follow: 62% lead, 38% follow

Portfolio highlights

  • GameBoost — Ranking up has never been easier. With GameBoost's cheap LoL and Valorant Elo Boosting Services.
  • Juicefast — Juicefast produces technologically advanced natural detox juices and healthy meals, using the high hydrostatic pressure (HHP) method.
  • BE-ON — BE-ON offers citizens in financial difficulty specialized financial counseling.
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Taavet Hinrikus
Angel · London, England, United Kingdom · 6 investments in Croatia 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 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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HCVC
VC Fund · Paris, Ile-de-France, France · 6 investments in Croatia 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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Day One Capital
VC Fund · Budapest, Budapest, Hungary · 6 investments in Croatia 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: 60
  • 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

  • Volteum — Electric vehicle (EV) fleets made easy. Volteum helps companies transition to EVs, optimize charging, and manage electric car fleet operations efficiently.
  • Veridion — Veridion is a living digital replica of the business world. Decision-grade data for enterprise scale systems
  • Whalebone — Whalebone offers zero disruption cybersecurity products to Telcos, ISPs, and enterprises.
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Credo Ventures
VC Fund · Prague, Hlavni mesto Praha, Czech Republic · 5 investments in Croatia startups

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

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Investment focus

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

Investor stats

  • Total investments: 185
  • Round size: Seed $800k–$7M; Pre-Seed $385k–$5M; Series A $2M–$19M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: Likely actively investing — fresh fund, raised $88M in 2026

Portfolio highlights

  • Modeinspect — acreom is the integrated markdown knowledge base with tasks. Your personal daily driver for your dev workflow.
  • Fabrica AI — Fabrica AI offers a revolutionary platform for faster robot development, using custom hardware designs and learned optimal control to increase efficiency while minimizing complexity and cost. With a vision for a future where robot development takes days, not years.
  • Delta Green — Aggregating household assets in large controllable block of flexibility.
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SQ Capital
VC Fund · Zagreb, Grad Zagreb, Croatia · 4 investments in Croatia startups

An investment management company suited for investors looking for alternative investment funds investing in public, private and VC markets.

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Investment focus

  • Industry: Software, Analytics, Human Resources
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Croatia, United States, Canada

Investor stats

  • Total investments: 8
  • Round size: Seed $760k–$4M; Pre-Seed $296k–$675k
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Prepia — Prepia is an AI-driven platform specializing in certification exam preparation for professionals, supporting over 100 exams in fields such as healthcare and information technology. It uses advanced artificial intelligence to personalize and streamline the study process, helping users prepare more efficiently for their certification goals.
  • Pythagora — Build full-stack applications with AI that go beyond demos. With real debugging tools and production features, Pythagora helps you launch apps that actually work.
  • Farseer — Work with all your numbers, reports, and plans in one real-time platform. Farseer is the leading FP&A software that replaces manual Excel workflows.
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Access 48,091 investors

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

Browse database — It's Free!
Koch Disruptive Technologies
VC Fund · Wichita, Kansas, United States · 3 investments in Croatia 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: 116
  • Round size: Series A $10M–$56M; Series B $25M–$100M; Series C $40M–$255M
  • Lead/follow: 67% lead, 33% 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.
  • 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.
  • Polaris Electro-Optics — Polaris Electro-Optics empowers integrated photonics for communications and computation.
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Lunar Ventures
VC Fund · Berlin, Berlin, Germany · 3 investments in Croatia startups

Lunar Ventures is a deep-tech, seed-stage venture fund with a team of 3 deep-tech expert partners in Berlin that come from science, and business in deep tech companies. The firm particularly invests across Europe into founders building high potential startups that specialize in artificial intelligence or machine learning, blockchain,cybersecurity, big data, analytics, or other industries.

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Investment focus

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

Investor stats

  • Total investments: 42
  • Round size: Seed $1.1M–$8M; Pre-Seed $35k–$2.5M; Series A $2.5M–$14M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely actively investing — fresh fund, raised $56M in 2025

Portfolio highlights

  • Emm — Emm is developing the next generation of consumer health tools to manage your health on your terms. We want to empower everyone to change the quality of their life by inherently understanding their health though technology and specialist knowledge.
  • Zenithon — Zenithon is building machine learning models to provide a step change in the development and optimization of technology.
  • Oshen — Oshen is a technology enterprise that creates miniature autonomous sailboats designed for persistent, wide-area ocean tracking.
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Lightspeed Venture Partners
VC Fund · Menlo Park, California, United States · 3 investments in Croatia 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, Artificial Intelligence, Information Technology
  • Stage:Series A, Seed, Series B
  • Geography: United States, India, Israel

Investor stats

  • Total investments: 2426
  • 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

  • Tennr — Tennr is a custom AI assistant that accelerates research, answers complex questions, and generates custom reports.
  • Whizzo — Whizzo specializes in materials science-driven manufacturing of engineered fashion and technical textiles. Our expertise lies in creating and executing innovative textile blends tailored for applications across automotive, agriculture, medical textiles, and engineered fashion.
  • ElevenLabs — Create lifelike speech with our AI voice generator and voice agents platform. Access 5,000+ voices in 70+ languages with secure APIs and SDKs.
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Silicon Gardens
VC Fund · Ljubljana, Ljubljana Urban Commune, Slovenia · 3 investments in Croatia startups, 7 in the past 12 months

Californians have their Silicon Valley, New Yorkers have Silicon Alley, Londoners the Silicon Roundabout, Berlin has the Silicon Alee and they're witnessing the rise of Silicon Savannah in Kenya. But what best describes Slovenia are the Silicon Gardens - small, efficient, highly cultivated patches of technology entrepreneurship. 500+ membersand growing rapidly.

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Investment focus

  • Industry: Software, Apps, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Slovenia, United Kingdom

Investor stats

  • Total investments: 47
  • Round size: Seed $35k–$4.5M; Pre-Seed $679k–$6.8M; Series A $5M–$14M
  • Lead/follow: 26% lead, 74% follow
  • Last fund: May invest from a new fund soon — raised $416k in 2014

Portfolio highlights

  • Codeplain — *codeplain is an ai-powered code generation service that produces production-ready software from specifications written in ***plain language.
  • HiringCafe — Personal job search agent with powerful AI matching, and access to hidden jobs you can't find on the big job boards.
  • Astute — Astute is the world's first B2B new media company. Reach your buyers through the newsletters, podcasts and creators they already trust.
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J&T Ventures
VC Fund · Prague, Hlavni mesto Praha, Czech Republic · 3 investments in Croatia startups, 8 in the past 12 months

J&T Ventures is an early-stage Prague-based Venture Capital fund, which invests in promising startups from the CEE and SEE region. Our strategy is industry agnostic, but we primarily focus on companies in the seed stage with proven product market fit. Our average ticket size is between EUR 0.5m - EUR 2.5m.

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Investment focus

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

Investor stats

  • Total investments: 77
  • Round size: Seed $669k–$3.4M; Pre-Seed $317k–$14M; Series A $1M–$7.8M
  • Lead/follow: 53% lead, 47% follow
  • Last fund: May invest from a new fund soon — raised $53M in 2019

Portfolio highlights

  • Wultra — Wultra helps the leading banks and fintech companies to secure their digital systems and bring trust to the customer journeys. Our security-related software technologies cover the whole digital banking application stack, be it on the web or mobile platforms.
  • Definic — 66% of IT projects fail. Not because of technology, but because you picked the wrong vendor. Definic replaces guesswork and fragmented workflows with one connected platform, from defining the problem to managing the right vendors at scale.
  • Grid.online — Grid.online is building transportation infrastructure as a service that will unlock the huge free transportation capacity of cities and allow it to be shared efficiently.
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Pentland Ventures
VC Fund · London, England, United Kingdom · 3 investments in Croatia 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: 30
  • Round size: Seed $1M–$4.3M; Series A $4.1M–$32M; Venture - Series Unknown $2.1M–$26M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • Healf — Eat, Move, Mind, Sleep. Science-backed products and routines for a healthier life.
  • 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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AYMO Ventures
VC Fund · Zagreb, Grad Zagreb, Croatia · 3 investments in Croatia 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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New Vision 3
VC Fund · Sofia, Grad Sofiya, Bulgaria · 2 investments in Croatia startups

New Vision 3 is an Early-stage Venture Capital fund.

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Investment focus

  • Industry: Software, Payments, Financial Services
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: Bulgaria, Italy, Croatia

Investor stats

  • Total investments: 27
  • Round size: Seed $217k–$3.4M; Pre-Seed $108k–$605k; Venture - Series Unknown $1.4M–$2.8M
  • Lead/follow: 85% lead, 15% follow

Portfolio highlights

  • ELando — eLando is an IT services company that offers cyber security, cloud solution, consulting, mobile solution, and software engineering services.
  • QuarkXR — The Next Gen Compression and Streaming Technology! QuarkXR is an ultra-fast software solution that provides low-latency wireless transmission. It runs the heavy processes on the GPU, and is hardware-agnostic.
  • 365 Data Science — 365 Data Science offers data science, machine learning, and AI training to help you land your dream career. Learn ChatGPT, Python, Excel, Tableau, Power BI, and more.
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big_bets
VC Fund · 2 investments in Croatia startups

Big_bets is an investment firm that partners with entrepreneurs to accelerate business development.

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Investment focus

  • Industry: Artificial Intelligence, Software, Financial Services
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Brazil, United States, Poland

Investor stats

  • Total investments: 57
  • Round size: Seed $1.4M–$6M; Pre-Seed $275k–$5M; Series A $8.5M–$36M
  • Lead/follow: 9% lead, 91% follow
  • Last fund: Likely actively investing — fresh fund, raised $25M in 2025

Portfolio highlights

  • Core AI — Core AI Simplifies credit with AI-powered tools for SaaS growth through seamless, customized solutions.
  • Segura — Construindo super corretores de seguros com acesso, tecnologia e atendimento exclusivo.
  • Avenia — Money movement infrastructure that connects Latam to the world. Seamless. Stable. Compliant. Avenia is powered by BRLA, the most active stablecoin in Brazil, to enhance efficiency, transparency and speed.
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Nenad Bakic
Angel · 2 investments in Croatia 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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Prologis Ventures
VC Fund · San Francisco, California, United States · 2 investments in Croatia 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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Radius Capital
VC Fund · San Francisco, California, United States · 2 investments in Croatia 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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ZAKA VC
VC Fund · Prague, Hlavni mesto Praha, Czech Republic · 2 investments in Croatia startups

ZAKA Startups is a private pre-seed and seed venture capital company. It is focused on early-stage software driven investments across the whole EU with primary focus on CEE, DACH and Baltics. ZAKA operates primarily from Prague and Bratislava with scouts in Berlin and Baltic region.

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Investment focus

  • Industry: Artificial Intelligence, Biotechnology, Software
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: United States, United Kingdom, Estonia

Investor stats

  • Total investments: 112
  • Round size: Seed $520k–$7M; Pre-Seed $250k–$1M; Venture - Series Unknown $1.3M–$10M
  • Lead/follow: 13% lead, 87% follow
  • Last fund: Likely still investing — raised $16M in 2024

Portfolio highlights

  • Olio Labs — Olio Labs utilizes AI for combo therapeutics, optimizing and minimizing side effects through automated discovery of protein interactions.
  • Creasallis — The creative antibody solutions company
  • Human Archive — Human Archive builds human data archiving platform with comprehensive dataset for training embodied AI and robotics systems.
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LocalGlobe
VC Fund · London, England, United Kingdom · 2 investments in Croatia startups, 32 in the past 12 months

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: 440
  • Round size: Seed $1.5M–$12M; Pre-Seed $1M–$5.1M; Series A $4M–$30M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: Likely still investing — raised $500M in 2022

Portfolio highlights

  • Phase0 — Payment platform for construction projects
  • 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.
  • Maven Robotics — Maven Robotics is building the world's leading general purpose AI robots.
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Marko Kovac
Angel · Zagreb, Grad Zagreb, Croatia · 2 investments in Croatia startups

Marko Kovac is the Founder and Chief Product Strategist at Repsly

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Investment focus

  • Industry: Software, Apps, DevOps
  • Stage:Seed, Pre-Seed
  • Geography: Croatia

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Mantil — Serverless development kit for Go and AWS Lambda
  • Farseer — Work with all your numbers, reports, and plans in one real-time platform. Farseer is the leading FP&A software that replaces manual Excel workflows.
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PBZ
VC Fund · Zagreb, Grad Zagreb, Croatia · 2 investments in Croatia startups

PBZ Group specializes in the financial sector with a diverse range of specialized services including asset management, and banking.

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Investment focus

  • Industry: Renewable Energy, Energy, Manufacturing
  • Stage:Post-IPO Debt, Debt Financing
  • Geography: Croatia, France, Israel

Investor stats

  • Total investments: 8
  • Round size: Post-IPO Debt $3.4M–$320M; Debt Financing $3.2M–$21M
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • Koncar — Koncar Group's business activity lies mostly in power generation, distribution and transmission of electrical energy, industry.
  • The Garden Brewery — The Garden Brewery is a food and beverage company. They provide craft beer, a brewery, and beer. They offer craft beer at the music festivals blossoming on croatia’s shimmering adriatic coast.
  • Econergy Renewable Energy — Econergy to create, own, and manage utility-scale renewable energy projects, guided by in-depth knowledge of the industry, regulations, and technology at each crucial stage, from creation to supply
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HV Capital
VC Fund · Munich, Bayern, Germany · 2 investments in Croatia startups

HV Capital is one of the leading early-stage and growth investors in Europe. With nine fund generations in 23 years and €2.8 bn in managed assets, HV Capital is one of the continent's most active investors. The investment team has many years of experience in identifying European startups with great potential for success. In addition tointernational success stories like Zalando, Delivery Hero, Sumup, and Depop, innovation leaders such as Enpal, Flixbus, Sennder, and Isar Aerospace are also part of the portfolio. HV Capital has invested in around 225 internet and technology companies, supporting startups with ticket sizes ranging from €0.5 to €60m. It is one of Europe's few venture capital firms that can finance startups through all growth phases. HV Capital has a team of more than 40 investment and operations professionals who provide a variety of perspectives and expertise across the venture capital landscape.

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Investment focus

  • Industry: E-Commerce, Software, Internet
  • Stage:Series A, Seed, Series B
  • Geography: Germany, United States, United Kingdom

Investor stats

  • Total investments: 508
  • Round size: Seed $1.5M–$12M; Series A $3.6M–$37M; Series B $7.5M–$80M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: Likely still investing — raised $783M in 2023

Portfolio highlights

  • Exein — Exein develops embedded cybersecurity solutions designed to secure Internet of Things (IoT) and connected devices. The company provides a platform that integrates security directly into the firmware of embedded systems, enabling real-time threat detection, monitoring, and response. Exein’s technology focuses on runtime protection and behavioranalysis at the edge, helping manufacturers secure devices without requiring major hardware changes or external software agents. Its solution is compatible with widely used real-time operating systems (RTOS) and Linux-based environments, allowing for flexible integration across different devices. The company also offers tools for vulnerability assessment and threat intelligence tailored for firmware-level defense. Exein supports developers with APIs and SDKs to incorporate security features during the product development phase. Through its platform, the company addresses growing security risks in critical sectors such as automotive, industrial automation, and consumer electronics.
  • Flip — The AI employee experience platform for frontline workers without a company email. Flip unites comms, HR, identity and AI in one app. Book a demo.
  • Ore Energy — Ore Energy is creating a new generation, cost effective, long-duration energy storage solution which will enable a decarbonized energy future by utilizing some of the most readily available materials
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SGH CAPITAL
VC Fund · Luxembourg, Luxembourg, Luxembourg · 2 investments in Croatia startups

Capital That Makes Sense. Tactical early stage technology investors in the US, Europe and beyond.

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Investment focus

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

Investor stats

  • Total investments: 182
  • Round size: Seed $150k–$6M; Pre-Seed $120k–$27M; Series A $2M–$14M
  • Lead/follow: 3% lead, 97% follow
  • Last fund: Likely actively investing — fresh fund, raised $103M in 2025

Portfolio highlights

  • Cell Type — On-prem biological LLMs that simulate human biology, learn from your data, and outperform general-purpose AI on drug development tasks. YC W26.
  • Merge Labs — Merge Labs is a brain-computer interface startup that aims to compete with Neuralink and integrate human cognition with AI.
  • Constellation Space — We are building the OS for Space. Backed by @ycombinator and @nvidia.
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Rite-Hite
VC Fund · Milwaukee, Wisconsin, United States · 2 investments in Croatia 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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Hrvoje Kaluder
Angel · 2 investments in Croatia startups

Investment focus

  • Industry: Smart Cities, Transportation, Internet of Things
  • Stage:Pre-Seed
  • Geography: Croatia

Investor stats

  • Total investments: 2
  • Round size: Pre-Seed $43k–$55k
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • DTX TECHNOLOGIES — Based on our previous experience in ITS we plan to continue the work and focus on development of industrial SCADA software solution for intelligent traffic management. Significant part would be moving the our solution to Azure cloud and making its architecture microservice based. Next important part would be to add the AI model to it, trained on 10years of gathered traffic data which would be utilized for traffic management optimization and replacement of personel in traffic management center
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Damir Sabol
Angel · Zagreb, Grad Zagreb, Croatia · 2 investments in Croatia startups

Damir Sabol - Founder/CEO @ Photomath

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Investment focus

  • Industry: Software, Artificial Intelligence, Retail
  • Stage:Seed, Angel, Pre-Seed
  • Geography: Croatia, United States

Investor stats

  • Total investments: 4
  • Round size: Seed $2.8M–$4M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • 57hours — 57hours connects you to adventure. From weekend outings to bucket list trips, get more from the great outdoors with the best local guides in the business.
  • Pythagora — Build full-stack applications with AI that go beyond demos. With real debugging tools and production features, Pythagora helps you launch apps that actually work.
  • Arkensight — Transform months of infrastructure inspection data into actionable insights in minutes. AI-powered visual analysis with human-in-the-loop verification.
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Peaksjah
VC Fund · 2 investments in Croatia 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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Esther Dyson
Angel · New York, New York, United States · 2 investments in Croatia startups

Esther Dyson - Founder @ Way to Wellville

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Investment focus

  • Industry: Health Care, Software, Artificial Intelligence
  • Stage:Seed, Series A, Angel
  • Geography: United States, Egypt, Canada

Investor stats

  • Total investments: 93
  • Round size: Seed $300k–$4M; Angel $330k–$2.9M; Series A $1.5M–$16M
  • Lead/follow: 4% lead, 96% follow

Portfolio highlights

  • The Beans — The Beans offers a software application platform that creates personalized cash flow plans designed for its users. The Beans is Simplifying the path to financial balance through design and technology so that people can focus on what they love.
  • NextSense — Introducing NextSense Smartbuds: EEG-powered earbuds that go beyond sleep tracking. Backed by science, Smartbuds provide real-time insights to help you achieve deeper, more restorative sleep. Comfortable, intuitive, and easy to use, Smartbuds empower you to wake up your best self.
  • Openwater — OPENWATER - THE FUTURE OF NEURAL DIAGNOSTICS IN THE PALM OF YOUR HAND.
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daFUND
VC Fund · Ljubljana, Ljubljana Urban Commune, Slovenia · 2 investments in Croatia startups

daFUND is a venture capital fund which invest in early stages propelled by software.

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Investment focus

  • Industry: Hotel, Banking, FinTech
  • Stage:Seed, Pre-Seed, Convertible Note
  • Geography: Croatia, Finland, Germany

Investor stats

  • Total investments: 7
  • Round size: Seed $543k–$3.3M; Pre-Seed $114k–$280k
  • Lead/follow: 43% lead, 57% follow

Portfolio highlights

  • InsiderCX — Turn patient feedback into actionable insights to optimize processes, enhance engagement, and drive revenue while maintaining quality control.
  • Muffin — Muffin is an intuitive web and mobile app designed to digitize the process of F&B acceptance.
  • Butterflye Solutions — Butterflye helps you increase transparency, engage customers & gather useful feedback that drives valuable change for those customers.
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Ivan Topčić
Angel · 2 investments in Croatia 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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Lead Ventures
VC Fund · Budapest, Budapest, Hungary · 2 investments in Croatia startups

Lead Ventures is a Budapest-based venture capital firm, specialist of financing scale-ups in Central Europe. Its mission is to support the region’s most promising ventures with capital, experience and a wide-ranging professional network, enabling them to transform their industry with innovation. Lead Ventures provides equity financing tocompanies in their scale-up phase, the typical ticket size is between EUR 2-10 million. Lead Ventures is searching for dynamic teams with a unique story, outstanding growth potential and solutions tested and validated by the market. The firm seeks to invest in companies operating in the mobility, energy and sustainability as well as b2b services and software sectors, however, Lead Ventures is open to support teams active in other areas as well.Lead Ventures has EUR 200 million under management invested by MOL, the most successful energy company in CEE, and two financial institutions specialised in supporting the startup ecosystem - the Hungarian Development Bank (MFB) and Eximbank.

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Investment focus

  • Industry: Software, Artificial Intelligence, SaaS
  • Stage:Series A, Seed, Series B
  • Geography: Hungary, United Kingdom, Croatia

Investor stats

  • Total investments: 32
  • Round size: Seed $2.6M–$11M; Series A $1.4M–$5.9M; Series B $4M–$90M
  • Lead/follow: 66% lead, 34% follow
  • Last fund: Likely still investing — raised $109M in 2024

Portfolio highlights

  • Oxla — Meet Oxla, the world's fastest-distributed database, designed to handle large amounts of data with ease.
  • XUND — Answer the most important health questions with AI-powered technology from XUND. Medically certified and CE marked.
  • ALTEO — ALTEO offers energy investments, energy production, and trading services. They engage in the production and trade of energy using natural gas and renewable energy sources, as well as energy services and development that are suited to the demands of certain corporations. The business offers energy supply based on the responsible use of renewableenergy to its clients, which include both small and large organizations.
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Abstraction Capital
VC Fund · Kansas City, Missouri, United States · 2 investments in Croatia startups

Early stage venture capital for technical founders building products for developers and technical users.

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Investment focus

  • Industry: Software, Artificial Intelligence, Developer Tools
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Canada, France

Investor stats

  • Total investments: 27
  • Round size: Seed $1.5M–$6.5M; Pre-Seed $300k–$4M; Series A $9.5M–$21M
  • Lead/follow: 7% lead, 93% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • Wasp — A simple language for developing full-stack web apps with less code.
  • CopilotKit — The Enterprise-Ready Frontend Stack for Agents. CopilotKit lets you integrate LLMs or agents with real-time context, UI control, and full flexibility.
  • Neurometric AI — Making Intelligence Free | https://t.co/ZxWxeMBJt2 | https://t.co/W8nlLqYwQi
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Portfolion
VC Fund · Budapest, Budapest, Hungary · 2 investments in Croatia startups

Portfolion is a CEE-focused multi-stage investor with a flexible fund structure that allows it to back companies from or before 1st client until the end of their journey. The fund manager has backed some of the CEE region’s most successful companies including SEON, Novakid, Tresorit, Packhelp, and Starschema.

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Investment focus

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

Investor stats

  • Total investments: 78
  • Round size: Seed $550k–$6.6M; Series A $1.6M–$13M; Series B $4M–$45M
  • Lead/follow: 42% lead, 58% follow
  • Last fund: May invest from a new fund soon — raised $82M in 2020

Portfolio highlights

  • Kodesage — Kodesage captures your company's collective knowledge to help understand and modernize legacy code
  • Mobilfox — Mobilredfox offers phone cases and mobile accessories, focusing on protection and style for smartphones.
  • GymBeam — We are a fitness e-commerce platform with sports nutrition, premium services, and fair prices. We offer a wide range of nutritional supplements and advanced foods.
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Simplico
VC Fund · Osijek, Osjecko-Baranjska, Croatia · 2 investments in Croatia startups

Digital agency in Croatia specialized in branding, UX/UI design, web development and advertising. We build simple, strategic, effective solutions for our clients.

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Investment focus

  • Industry: Travel, Boating, Medical
  • Geography: Croatia

Investor stats

  • Total investments: 2
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Yachtio — Book the perfect yacht or boat with Yachtio. Explore rentals in Croatia and Europe with real-time availability, competitive prices, and local tourism connections.
  • MedicTrips — Discover exceptional medical treatments and healthcare providers in Croatia and Europe with Medic Trips. Connect directly with verified medical providers and explore the benefits of medical tourism today!
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Viktor Marohnic
Angel · 2 investments in Croatia startups

Chief Executive Officer @ 57hours

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Investment focus

  • Industry: Apps, Software, Nutrition
  • Stage:Seed
  • Geography: Croatia

Investor stats

  • Total investments: 2
  • Round size: Seed $352k–$1.5M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Farseer — Work with all your numbers, reports, and plans in one real-time platform. Farseer is the leading FP&A software that replaces manual Excel workflows.
  • BiteMe Nutrition — Awesome snacks heading your way
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Playfair Capital
VC Fund · London, England, United Kingdom · 2 investments in Croatia startups, 12 in the past 12 months

Playfair is a sector agnostic fund focused exclusively on pre-seed investing. Based in London, Playfair invests across the UK and Europe with an intentionally high conviction, low volume approach: making six investments a year out of its third $70m fund and preserving time, capital and resource to help companies post-investment. Our 78% Series Agraduation rate is ~3x industry average. Playfair has backed 100+ companies since 2013, including Thought Machine, Orca AI, Protex AI, StackOne and Nory.

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Investment focus

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

Investor stats

  • Total investments: 155
  • Round size: Seed $1.2M–$7.6M; Pre-Seed $953k–$3.7M; Series A $3M–$19M
  • Lead/follow: 25% lead, 75% follow
  • Last fund: Likely still investing — raised $70M in 2023

Portfolio highlights

  • Navifare — Navifare is an AI-powered travel price optimization and metasearch platform that focuses on flight, hotel, and car rental price comparison. The platform analyzes flight offers users already found and searches for lower fares from online travel agencies and airlines. Users can upload screenshots, paste flight details, or use a Chrome extension thatoverlays a “Find Better Fare” button on major booking sites. Navifare exposes its price discovery capabilities via a web app, a REST API, and an MCP server for integration into AI assistants. It redirects users to partner sites to complete bookings and does not handle payments directly.
  • Zerolook — Zerolook provides a flight-shopping API for online travel agencies, airlines, metasearch services, and AI travel applications. Its machine-learning model predicts flight prices and itineraries using historical fare data instead of recomputing every fare combination through a global distribution system or airline system. The API returns predicteditineraries, prices, and confidence scores for exploratory search, while customers route completed bookings through their existing distribution channels. Zerolook supports REST and MCP integrations and provides booking links to external airlines and online travel agencies.
  • Fusionality — Fusionality is a Swiss fusion-technology company focused on measurement, control, and data systems for fusion devices.They combine expertise in fusion physics, control engineering, AI/ML, simulation, diagnostics, and real-time software.Their goal is to help fusion companies and research labs operate devices more efficiently and accelerate thedevelopment of commercial fusion energy.
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Mihovil Barancic
Angel · Zagreb, Grad Zagreb, Croatia · 2 investments in Croatia startups

Mihovil Barančić is the Co-Owner at Camping Ugljan Resort. Mihovil attended the Faculty of tourism and hospitality management Opatija, Croatia.

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Investment focus

  • Industry: Ticketing, Web Hosting, Developer APIs
  • Stage:Seed, Angel
  • Geography: Croatia, United States

Investor stats

  • Total investments: 3
  • Round size: Seed $158k–$200k
  • Lead/follow: 67% lead, 33% follow

Portfolio highlights

  • Entrio — Entrio is the only fully automated, self-service ticketing platform in the region, offering both quick and digital ticket sales, but also a network of soon over 80 physical, partner outlets enabling each and every person on the market to easily buy a ticket for their favourite event. Meaning everything through the same central platform, providingtotal control and maximum responsiveness to event organizers.Compliance with local laws and regulations, understanding the market, integration with media channels and being extremely supportive of both organizers and buyers, enabled us to gain trust and form great relationships with most of the key players in the market.
  • WhoAPI — WhoAPI Inc. is a software company that has been developing APIs since 2011. Whois API, Domain Availability API, Blacklist API and others.
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David Rowan
Angel · London, England, United Kingdom · 2 investments in Croatia 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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Decisive Point
VC Fund · Beacon, New York, United States · 1 investments in Croatia 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, Aerospace, Software
  • Stage:Seed, Series A
  • Geography: United States, Croatia, Germany

Investor stats

  • Total investments: 25
  • Lead/follow: no public data

Portfolio highlights

  • 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.
  • Standard Nuclear — Standard Nuclear is focused on advancing nuclear energy by providing innovative nuclear fuels to support the next generation of reactors. The company contributes to renewable energy by developing innovative nuclear fuels that enhance efficiency and sustainability, thereby reducing the environmental impact of energy production. By promoting nuclearenergy, the company supports the clean energy transition, providing a stable and reliable power source that complements intermittent renewables like solar and wind.
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Ted Pillows
Angel · 1 investments in Croatia startups

Ted Pillows

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Investment focus

  • Industry: Web3, Developer APIs, Artificial Intelligence
  • Stage:Seed
  • Geography: Croatia

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Hybrid — Hybrid is a fintech company that offers a decentralized central AI tool with Web3's ecosystem of AI experts, agents, and data.
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Skynet Trading
VC Fund · Hong Kong, Hong Kong Island, Hong Kong · 1 investments in Croatia startups

Crypto market making experts with 5+ years of experience. We provide stable liquidity, tight spreads, and 24/7 coverage for your digital assets. Book a call today.

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Investment focus

  • Industry: Blockchain, Financial Services, Cryptocurrency
  • Stage:Seed, Series A
  • Geography: United States, Singapore, Switzerland

Investor stats

  • Total investments: 34
  • Lead/follow: no public data

Portfolio highlights

  • Centrifuge — Centrifuge is the platform for tokenized real-world assets, providing the infrastructure and ecosystem to tokenize, manage, and invest into RWAs.
  • Hybrid — Hybrid is a fintech company that offers a decentralized central AI tool with Web3's ecosystem of AI experts, agents, and data.
  • Inference Labs — AI hyperscale on decentralized networks - We provide certainty for on-chain AI
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468 Capital
VC Fund · Berlin, Berlin, Germany · 1 investments in Croatia startups

468 Capital is an investment firm that focuses on identifying and managing opportunities in various markets. The firm employs a systematic approach to investment analysis and portfolio management. It collaborates with a range of partners to support its investment strategies. The company serves industries including technology, healthcare, andrenewable energy.

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Investment focus

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

Investor stats

  • Total investments: 229
  • Round size: Seed $2.3M–$12M; Pre-Seed $500k–$3.8M; Series A $9M–$42M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: Likely still investing — raised $400M in 2022

Portfolio highlights

  • Relixir — Relixir is AI Generative Engine Optimization (GEO) assistant that maps, monitors and improves AI search rankings.
  • Pally — Pally is an AI personal assistant you text. Use it on iMessage, Android RCS, or Telegram for email, calendar, reminders, research, and errands.
  • ARC Intelligence — ARC Intelligence operates as a supplier of data systems driven by AI for small and medium-sized businesses.
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APX
VC Fund · Berlin, Berlin, Germany · 1 investments in Croatia startups

APX is Europe’s leading very-early-stage VC. Based in Berlin and backed by Axel Springer and Porsche, we support and partner with the most ambitious founding teams from Europe and beyond - often as their first investor.We invest up to EUR 500K in startups until a series A starting with a quick EUR 50K investment, and within a few months,depending on traction and speed, we can invest further. Each month we invest in new teams who become part of the APX community, counting hundreds of other founders. Since 2018, we have invested in 100+ startups across 20+ industries with founders from 20+ countries together with 100+ co-investors.

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Investment focus

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

Investor stats

  • Total investments: 211
  • Round size: Seed $1M–$5M; Pre-Seed $55k–$1.4M; Series A $2.1M–$15M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: May invest from a new fund soon — raised $67M in 2021

Portfolio highlights

  • VisioLab — Instantly scan products for self-checkout, using the iPad camera - no barcodes needed. Designed for speed, simplicity and human centricity.
  • Bloom — Moved to @bloomsocial
  • Track Titan — Titan Academy revolutionises how gamers improve through fully automated coaching.
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Mekin Maheshwari
Angel · Bengaluru, Karnataka, India · 1 investments in Croatia startups

Mekin Maheshwari - Advisor @ Mentr

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Investment focus

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

Investor stats

  • Total investments: 31
  • Round size: Seed $440k–$1.8M; Angel $36k–$855k; Pre-Seed $250k–$372k
  • Lead/follow: 3% lead, 97% follow

Portfolio highlights

  • Consuma — AI-Powered Market Intelligence Platform | Generate Insights & Find Trends from across the Web in seconds.
  • 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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Acequia Capital (AceCap)
VC Fund · Seattle, Washington, United States · 1 investments in Croatia startups

We are a leading early-stage investment platform. We are at the center of a global ecosystem that attracts and fuels the technical founders and product teams building the next wave of global businesses.

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Investment focus

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

Investor stats

  • Total investments: 415
  • Round size: Seed $1M–$7.6M; Pre-Seed $500k–$3.3M; Series A $3.3M–$25M
  • Lead/follow: 5% lead, 95% follow
  • Last fund: Likely actively investing — fresh fund, raised $2.9M in 2026

Portfolio highlights

  • Rapidata — Fast and reliable data labeling that powers your AI. Define your label needs now and get the results in minutes.
  • Devplan — Devplan turns customer feedback into ranked, ready-to-build specs for your engineers and AI agents.
  • Applied Atomics, Inc. — Powering the next 1,000 years of advanced industry with co-located nuclear power plants.
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Investor funding in Croatia at a glance

Stats across 268 deals from 229 investors.

229
investors
in Croatia startups
268
deals
in Croatia startups
$238k
median round
in Croatia startups
39%
lead investors
lead at least one round
40%
Seed
most common funding stage
78/22
VC / Angel
share of investor count

Access all 229 investors in Croatia startups.

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