Top 50 Startup Investors in Serbia (October 2026)

Portfolio highlights

• İşbank — İşbank is a Turkish commercial banking service provider.
• Infinity Power — Infinity Power is the largest African renewable energy company, offering innovative solutions in solar power, wind energy, and low-carbon hydrogen technologies. Discover our projects and commitment to sustainable energy solutions.
• Tbc Bank Group — TBC Bank Group PLC is the UK-based parent company of JSC TBC Bank and its affiliates, Georgia's largest banking group.

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 — AI video tool for performance agencies. Generate shots with the best models, keep characters + products consistent, and scale across client in the portfolio.

Portfolio highlights

• Flataway.ai — Flataway - the home of subscription living. Live & work from anywhere in a trusted proffessionally managed accomodation.
• nFuse.ai — nFuse automates B2B orders for FMCG wholesalers and distributors. Revenue uplift of up to 30%, live in under a week. No new apps, no change for your accounts.
• Blue Longevity — Expert care for a healthier, longer life. Opening soon Athens | Istanbul | Sofia

Portfolio highlights

• randevu.tech — randevu is providing complete technical infrastructure in cloud, that enables companies throughout full marketplace business life-cycle: from building, to running and scaling.
• Bitebell — Manage 3rd party delivery, integrate online orders to POS, manage menus on delivery platforms and orchestrate on-demand delivery networks.
• Trickest — Add SEO description here.

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.

Portfolio highlights

• Almetra — We use computer vision and AI analytics to provide insights into manual assembly processes - our platform supports process engineers in driving productivity and quality of assembly processes
• Embedd — Chips modelled as digital twins. Software, tests and simulations generated for any target.
• Veridion — Veridion is a living digital replica of the business world. Decision-grade data for enterprise scale systems

Portfolio highlights

• Paypercut — Paypercut is a fintech startup that allows small and mid-scaled merchants to offer Buy Now, Pay Later at checkout via a single integration.
• Primio — Primio is an AI-powered platform that generates production-ready native mobile apps from natural language prompts. It outputs real Flutter/Dart code that compiles to native iOS and Android with pixel-perfect rendering and up to 120fps performance. The platform covers the full lifecycle from idea to app store submission, including cloud builds,live preview, and iterative editing. Built for app studios and serious builders who need to ship native apps fast.
• Principle — Test your strategic decisions before you commit. Principle simulates competitors, regulators, and market forces to stress-test your bets against adversarial reality.

Portfolio highlights

• Dronamics — Dronamics offers an all-in-one solution for the middle-mile powered by our Black Swan cargo drone, a network of droneports, and fully mobile control and cargo systems.
• Pago — Pago develops a digital payments platform that allows users to manage and pay household expenses through a mobile application. The company provides bill payment services for utilities, insurance, taxes, mobile prepaid recharges, road tolls, and travel-related services within a unified interface. Its platform supports account aggregation, automaticbill retrieval, payment scheduling, and notification tools that help users organize recurring financial obligations. Pago also integrates with banking and financial service applications to extend payment capabilities across partner ecosystems. The company includes transaction history, account management, and digital document storage features to support personal finance tracking and payment administration. In addition, Pago uses encrypted communications and secure payment processing technologies to support data protection and digital transaction security for consumers and partner platforms.
• Footprints AI — Retail Media Powered by AI That Understands Why People Buy. Connected to Real Shopper Purchases. Footprints AI is the most advanced platform to buy or sell retail ads - in stores and online - with precise targeting across the largest retail media ecosystem.

Portfolio highlights

• VLADAM — VLADAM is an automated smart (AI-based) cryptocurrency trading solution that generates and maintains passive income from cryptocurrency trading.
• Valuator — Upravljanje nabavkom jednim klikom
• INVT Novi Sad — The first and only app that reads & analyzes privacy policies on your behalf.

Portfolio highlights

• Avrea — Drop-in replacement for GitHub Actions runners. About 2x faster on hardware alone, up to 10x with cache hits. Deep observability on every job.
• finmid — Scale bigger by building your business on finmid's lending infrastructure. Our APIs enable tech companies to offer credit cards, transaction-based lending, and working capital to their business customers.
• ColibrITD — ColibriTD leader of Simulation solutions using Quantum computing

Portfolio highlights

• FintechOS — FintechOS is the AI platform for financial product operations. Design, price, launch, and evolve financial products with governed AI and reduced core dependency.
• Simr (formerly UberCloud) — UberCloud's HPC Simulation Platform helps engineers run faster simulations and helps overworked IT teams gain control.
• Picus — The Complete Security Control Validation Platform | Stay proactive by validating your security controls with attack scenarios, empower your Red, Purple, Blue teams.

Portfolio highlights

• AgroSync — Uncover hidden profits. Use field data to boost returns this season
• RivalSense — Monitor competitors of your startup. Receive curated weekly updates.
• Trace.Space — Engineers develop complex products 10x faster with Trace.Space. Requirements management for the next generation

Portfolio highlights

• SaleSqueze — The 3D configurator for outdoor living that prices your product on the spot, writes the quote itself, and helps you close before the deal goes cold.
• Collabwriting — Collabwriting is a simple browser extension that helps you share, comment and collaborate on content you find online
• blue auditor GmbH — blue auditor is a sustainability management tool for buildings and real estate portfolios with the focus on transitioning to a sustainable real estate industry; providing wholistic and overall performance monitoring and improvements for sustainability management.

Portfolio highlights

• Celestia — Celestia is the modular blockchain powering unstoppable applications with full-stack customizability.
• Superchain Network — The Open Index Protocol - By collecting and customising data in minutes, Superchain serves as the layer on top of which builders create applications, faster

Portfolio highlights

• Umia — Umia is an onchain venture-creation platform for token-native projects. It provides a legal wrapper, token minting, community fundraising through public token auctions, a noncustodial treasury, and governance through onchain “decision markets.”
• tenka — tenka is an institutional-grade, decentralized market layer for asset-based finance (ABF) and private credit
• functionSPACE — functionSPACE develops decentralized financial infrastructure and market primitives that allow users to price, trade, and build custom payoff structures based on a continuous range of numerical outcomes rather than simple binary choices.

Portfolio highlights

• Avail — Meet the Avail team building the future of modular blockchain infrastructure.
• Code & State — Code & State is a venture builder. We start companies with founders and build alongside them: product, engineering and go-to-market, from nothing to a company in market.
• Mode Network — Mode Network is a DeFi blockchain platform that builds new on-chain economic systems to enable developers to scale their applications.

Portfolio highlights

• Tenderly — Ethereum developer platform that enables you to build innovative blockchain products.
• LeadDelta — Organize your team's connections, surface warm intros with AI, and work every conversation from one inbox. Used by 40,000+ professionals. No spam.
• Orgnostic — Orgnostic is the human capital analytics platform for startups. Orgnostic provides investors and leadership teams with high-quality organizational insights that link organizational dynamics with companies’ bottom lines, creating better and more sustainable businesses for the new economy.

Portfolio highlights

• Govini — Air is the leader in Enterprise Readiness. Our mission is to establish readiness as a real-time condition that is continuously achieved.
• Discord — Discord is the easiest way to talk over voice, video, and text. Talk, chat, hang out, and stay close with your friends and communities.
• Filigran — Embrace a proactive approach with end-to-end cyber threat management, from anticipation to response.

Portfolio highlights

• Dapta — Our SaaS platform offers a no-code solution for building APIs and aggregating databases. Save time and resources by streamlining your backend development process. Try it now!
• 6thSense — 6thSense builds touch-aware capture hardware for robot learning: Skin, a 464-channel wearable tactile sensor, and Eye2 Pro, an egocentric stereo camera.
• Qualitate — Qualitate deploys the world's most intelligent AI moderator to conduct expert-driven conversations at scale - uncovering high-quality insights, fast.

Portfolio highlights

• SaleSqueze — The 3D configurator for outdoor living that prices your product on the spot, writes the quote itself, and helps you close before the deal goes cold.
• Collabwriting — Collabwriting is a simple browser extension that helps you share, comment and collaborate on content you find online

Portfolio highlights

• Procuros — More and more sales teams struggle with supplier portals. We help you integrate digitally with common supplier portals and consolidate all order documents.
• Delivery Hero — Delivery Hero is the world's leading local delivery company. We are on a mission to deliver an amazing experience - fast, easy, and to your door.
• Polar Analytics — Your Shopify Analytics. Effortless. Centralized. Smart. Connect your datasource in one clic, automatically calculate KPIs. Visualize them all in one place. Get alerts and recommendations in realtime

Portfolio highlights

• rio.ai — rio.ai provides an online pharmacy and shopping assistant accessed through WhatsApp. It supports orders for prescription and over-the-counter medicines, personal care products, baby items, nutraceuticals, ayurvedic products, food, and pet supplies. Customers can describe their needs in text or send a product image, after which Rio connects the request with available suppliers and arranges delivery. The service operates across Noida and the Delhi NCR region.
• Pilot Protocol — Pilot is an open-source networking stack for AI agents. Connect trusted peers, communicate over encrypted tunnels, and install tools designed for agents.
• Arctus Aerospace — We build unmanned airplanes for zero infrastructure earth observation. We fly at 45,000 feet for 24 hours at a go

Portfolio highlights

• Augie Studio — Helping people make more compelling videos, at a fraction of the time and effort
• Sinatra — Sinatra is a technology company that, with its all-in-one app, aims to revolutionize the hospitality industry. It provides Sinatra Training, which enables continuous digital training for employees by allowing employers to upload content and employees to access it via the app.
• Harmony Intelligence — AI cybersecurity products that solve your AppSec, SecOps, and corporate security challenges.

Portfolio highlights

• Swipe — Swipe helps you make quick, beautiful, responsive presentations and lets you broadcast them in real-time to anyone, on any device, anywhere in the world. Swipe turns your presentations into conversations, by putting your content in the hands of your audience and lets you interact with real-time polls for a more modern, engaged, two-way presentationexperience. Rebuilt from the ground up with the tools to help save you time and make better presentations.
• Lendino — Lendino er en markedsplads for lån, hvor private og professionelle investorer kan låne direkte til kreditværdige virksomheder til begge parters fordel. Ved at bruge lånemarkedspladsen sparer man tid, penge og besvær — både som investor og låntager. Du kan læse mere om hvordan Lendino virker her.
• Lendable — Lendable is a lending platform. When you borrow money, it comes straight from an investor. Unlike banks, who hand out loans from piles of cash they look after on behalf of savers. Their platform is super-fast (you’ll see in a moment), and makes lending as hassle- free as possible. It’s a matter of a few clicks and you get your quote. Unlike banks,who require paperwork and run expensive branch networks.

Portfolio highlights

• Syntetika — Institutional-grade yield, on-chain. Where institutional capital meets DeFi.
• Hilbert Group — Hilbert Group is a digital assets specialist with focus on algorithmic trading. We offer hedge-fund products as well as managed accounts.
• Robin Markets — Earn yield on Polymarket positions.

Portfolio highlights

• Tagaddod — Tagaddod is a renewable Energy and Waste Management Egyptian company, started in February 2013 and operating in Cairo –Egypt. Currently focusing on clean fuels, Tagaddod is working on Biodiesel production from Vegetable Oils. Biodiesel is a fuel alternative that is produced from waste vegetable oils and used in conventional diesel engines, whichcan directly substitute for or extend supplies of traditional petroleum diesel.
• Makan Home — SHEN168 adalah situs toto togel online yang terpercaya, menawarkan pengalaman bermain yang aman dan menyenangkan bagi para penggemar togel online.
• MyAlice — The modern customer service and social selling platform. Support anytime and sell anywhere with all your messages, orders, and agents in one place.

Portfolio highlights

• RentCheck — RentCheck saves property managers time by allowing tenants to do their own inspections. 90% of customers save over 1 hour per inspection. Recommended by hundreds of property managers.
• Arteli — Arteli is a predictive analytics platform using artificial intelligence and machine learning to improve store optimization to drive higher revenue and margin. It effortlessly connects executives with actionable insights, propelling their businesses towards transformation. It's not merely data; it's comprehension, informeddecision-making, and, ultimately, the catalyst for achieving revolutionary outcomes. With Arteli's AI Analytics Interface, you're not merely staying in sync with your business; you're forging ahead as its leader.
• Team Satchel — Creators of market-leading software, Show My Homework, Satchel has developed a powerful range of school software focusing on homework, behavior, classroom management, and teaching resources.Show My Homework has been our brand and our main product since it was launched five years ago. Having seen our company grow to over 70 employees and evolvemultiple products and services, we wanted our brand to encompass everything we offer. Making the change from Show My Homework to Satchel allows us to do this and supports our vision for the future.As a brand, Satchel will provide schools around the globe with exceptional products and a service second-to-none that can be relied upon to help deliver the best learning experience.

Portfolio highlights

• Solak — Solak is an AI browser and DeFi platform that is transforming the digital world.
• STAGE — Always-on music competitions powered by the blockchain. Vote for your favorite artists and share their success.
• KOKODI — KOKODI is a cross-chain, multi-platform MMO game that allows players to play with zero-knowledge cryptography.

Portfolio highlights

• Superchain Network — The Open Index Protocol - By collecting and customising data in minutes, Superchain serves as the layer on top of which builders create applications, faster

Portfolio highlights

• AI Beauty Bot — AI BEAUTY BOT is a 24/7 AI admin for beauty salons that automates client communication and bookings, ensuring no inquiries are missed and boosting your revenue effortlessly.
• AI Beauty Bot — AI BEAUTY BOT is a 24/7 AI admin for beauty salons that automates client communication and bookings, ensuring no inquiries are missed and boosting your revenue effortlessly.

Portfolio highlights

• Alawyer — Alawyer is the proactive legal AI for non-lawyers. It help small and medium-sized enterprises (SMEs) as well as private individuals to better master legal questions and risks in everyday life—independently and without prior legal knowledge.
• National Bank of Egypt — National Bank of Egypt Home Page
• Duke-NUS Medical School — Collaboration between Duke University and National University of Singapore. Duke-NUS follows the American model of post-baccalaureate medical education in which students begin their medical studies after earning a bachelor's degree. Offers MD, MD/PhD and PhD programs.Duke-NUS aim to develop students to become medical doctors andmedical researchers. Creativity, critical thinking and teamwork are important values that are imparted to our students - that will help them to change and improve the practice of medicine.

Portfolio highlights

• Qooverse — Qooverse is a Web3 gaming studio that creates fast-paced, win-to-earn mobile card games with a compelling gameplay loop. This involves developing an ecosystem of mid-core and casual social games for Telegram and future social platforms.
• Aria — Aria is a role-playing game in which players can freely traverse an open world while experiencing the thrill of epic quests and combat.
• Cold River Games — Crystalfall is an upcoming free online action RPG with customizable skills and an endless endgame, set in a steampunk world.

Portfolio highlights

• ASTERIZM — Asterizm is an encrypted and trustless cross-chain communication protocol binding L1 & L2 networks (private and public blockchains). In Asterizm we are focused on B2B enterprise market. We are developing solution to let companies build any cross-chain logic even in private chains.
• Chainspot — Deposit to any supported yield vault from any chain and any token with a single transaction. Manage your DeFi positions in one window from all chains.

Portfolio highlights

• Oumla — Secure, scalable blockchain infrastructure for businesses, enterprises, and governments to manage digital assets with ease and compliance.
• E36 Knots — E36 Knots build decentralized web3 services with the goal of empowering developers and users
• Forg3t Protocol — Forg3t Protocol provides provable AI unlearning infrastructure for enterprises. It enables verification and auditing of sensitive data removal from AI models. This ensures strong regulatory compliance. Built for secure, transparent AI data management.

Portfolio highlights

• AlgoX2 — The infrastructure powering exchanges, trading platforms, and prediction markets. From the creators of the New York Stock Exchange architecture.
• web2wave — We redefine user acquisition by revolutionizing how web-to-app funnels are built and optimized. Experience unmatched control and efficiency with our platform, designed to tackle the challenges of modern digital marketing and drive your business forward with groundbreaking results.
• Signa — Signa detects and removes illicit online product trade.

Portfolio highlights

• Zaganu — Zaganu is a beverage company that specializes in producing a variety of beers.
• Collabwriting — Collabwriting is a simple browser extension that helps you share, comment and collaborate on content you find online

Portfolio highlights

• RobCo — Easily automate the repetitive tasks in your production facility with modular industrial robots from RobCo.
• Goodlegal — Goodlegal is the One-Stop-Shop for all your Legal needs. Get an out-of-the-box Legal Infrastructure Platform to handle all your problems.
• Nomos — Energy products under your brand. Customers pay less for power and hardware pays back faster.

Portfolio highlights

• Collabwriting — Collabwriting is a simple browser extension that helps you share, comment and collaborate on content you find online

Portfolio highlights

• Ivitech — IVITECH financial platform works in SEA region and develop unique scoring models for risk evaluation and risk management.
• TraceAir — Construction platform providing drone flights, 3D mapping, analytics, and data processing services to accelerate site work.
• iFarm — Technologies to grow fresh vegetables, berries and greens

Portfolio highlights

• EclipseFi — EclipseFi is a Cosmos modular multi-chain token issuance platform that seeks to tackle Launchpad's cross-chain user experience and sustainability challenges with features like smart accounts and cross-chain design.
• KOKODI — A third-person fantasy extraction shooter inspired by Asian culture.

Portfolio highlights

• Orgnostic — Orgnostic is the human capital analytics platform for startups. Orgnostic provides investors and leadership teams with high-quality organizational insights that link organizational dynamics with companies’ bottom lines, creating better and more sustainable businesses for the new economy.
• Gamma — Meet the modern memo. Write like a doc, present like a deck, discuss live or async.
• OneRoof — OneRoof is an app that helps meet people with similar interests living in your building and build new friendships. Communication should go further than a nod in the elevator.

Portfolio highlights

• Thytadel — Safety is an information problem. We solve it by giving operators the right signal at the right moment - and removing everything else.
• KOKODI — A third-person fantasy extraction shooter inspired by Asian culture.
• Sats Terminal — The best-execution app for Bitcoin swaps, loans, and yield. Compare rates across Aave, Morpho and more. Self-custodial. No KYC.

Portfolio highlights

• Tenderly — Ethereum developer platform that enables you to build innovative blockchain products.

Portfolio highlights

• NG.CASH — NG.CASH is a digital bank designed to help the new generations (ages 12 to 30) achieve financial independence. It lets users take charge of their money through solutions like PIX (Brazil’s instant-payment system), prepaid and virtual cards, allowance management, and now credit products tailored for young adults. As a financial hub, NG.CASH is builtto grow with its clients, boosting financial literacy and supporting them at every stage of life.
• TRM Labs — Next Generation Blockchain Intelligence | Monitor, Investigate, and Mitigate Crypto Fraud and Financial Crime
• Tare — Tare is a fintech platform that focuses on modernizing credit markets through blockchain and AI. It connects loan originators, servicers, and investors to streamline underwriting, servicing, and financing processes. The platform enables capital flows, reduces operational complexity, and improves transparency across the end-to-end credit lifecycle.

Portfolio highlights

• Credbull — Credbull manages on-chain private credit funds that provide vital financing solutions to creditworthy small and medium-sized enterprises (SMEs).
• Kindred — Blockchain-enabled AI companions for the masses. On @SeiNetwork
• KOKODI — A third-person fantasy extraction shooter inspired by Asian culture.

Portfolio highlights

• Klarent — Klarent develops an artificial intelligence-powered software testing platform that automates quality assurance for web, iOS, and Android applications. Its platform uses AI agents to identify test scenarios, generate test cases from plain-language instructions or existing documentation, execute test workflows, and maintain tests when application interfaces change. Klarent provides test management features for organising projects, test suites, and test schedules, along with reports containing execution results, screenshots, and logs. The platform supports functional testing, end-to-end testing, regression testing, smoke testing, and continuous integration and delivery workflows. It also integrates with development and collaboration tools such as GitHub, GitLab, Jira, Slack, and Microsoft Teams to connect testing activities with software development processes. Klarent serves organisations across finance, insurance, retail, travel, media, and software-as-a-service industries that need to automate application testing and monitor software quality throughout development and release cycles.
• Pharosyn — Pharosyn is an AI-powered competitive intelligence and decision-making platform developed for the pharmaceutical and biotechnology sectors.
• Orchestra — Orchestra helps Data Teams connect any Data Tool to reliably and efficiently release data. Stop maintaining pipelines & start delivering value.

Portfolio highlights

• Kindred — Blockchain-enabled AI companions for the masses. On @SeiNetwork
• KOKODI — A third-person fantasy extraction shooter inspired by Asian culture.

Portfolio highlights

• Trainual — Trainual is the only training and knowledge management platform that's also rated number one for onboarding, SOPs, process documentation, and learning management. Used and loved by hundreds of thousands of small biz leaders worldwide.
• Orgnostic — Orgnostic is the human capital analytics platform for startups. Orgnostic provides investors and leadership teams with high-quality organizational insights that link organizational dynamics with companies’ bottom lines, creating better and more sustainable businesses for the new economy.
• Hyper — Our Augmented Reality platform enables every business to serve their customers on a one-to-one basis, with guidance and information to supercharge their experience.

Portfolio highlights

• Datapao — Discover DATAPAO's data consulting solutions in cloud migrations, data science, data engineering, AI & ML.
• Daytrip — Book private car transfers, round-trip day trips, or hire an hourly driver. Enjoy door-to-door rides and sightseeing in 130+ countries with local drivers.
• Hypefy — An influencer marketing platform built for brands that want to discover creators, run campaigns, and measure performance with ease.

Portfolio highlights

• Carfix — Carfix solves every task in minutes, eliminating costly fines for expired inspections, unpaid taxes, human errors & paper-based procedures
• SOMAREALITY — SOMAREALITY provides eye tracking solutions for diverse industries. Improve healthcare, automotive, research & aviation with real-time cognitive insights.
• Footprints AI — Retail Media Powered by AI That Understands Why People Buy. Connected to Real Shopper Purchases. Footprints AI is the most advanced platform to buy or sell retail ads - in stores and online - with precise targeting across the largest retail media ecosystem.