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Top 5 Manufacturing Startup Investors in Croatia (July 2026)

The most active venture capital funds and angel investors investing in Croatia Manufacturing startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Croatia Manufacturing startup companies. Find investors to raise a Pre-Seed, Seed or Post-Ipo Debt round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Fil Rouge Capital (FRC)
VC Fund
4 Croatia, Slovenia, United Kingdom Seed, Pre-Seed Software, Information Technology, SaaS $50k–$1.4M
Hrvoje Kaluder
Angel
2 Croatia Pre-Seed Smart Cities, Transportation, Internet of Things $43k–$55k
Integrated Capital
VC Fund
1 India, Taiwan, Croatia Series A, Seed, Series B E-Commerce, Food and Beverage, Automotive $3.4M–$40M
European Bank for Reconstruction and Development
VC Fund
1 Turkey, Egypt, Ukraine Debt Financing, Post-IPO Debt Financial Services, Banking, Finance $5M–$238M
PBZ
VC Fund
1 Croatia, France Post-IPO Debt Energy, Brewing, Finance $3.4M–$165M
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Investor list

Fil Rouge Capital (FRC)
VC Fund · Zagreb, Grad Zagreb, Croatia · 4 investments in Croatia Manufacturing startups

Fil Rouge Capital (FRC) is an investment fund manager whose funds focus on early-stage businesses from pre-seed, seed, and Series A rounds of investment.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Seed, Pre-Seed
  • Geography: Croatia, Slovenia, United Kingdom

Investor stats

  • Total investments: 127
  • Round size: Seed $50k–$1.4M; Pre-Seed $55k–$549k
  • Lead/follow: 28% lead, 72% follow

Portfolio highlights

  • HEU — HEU is a legaltech company that automates and manages legal documents and allows users to edit and share them.
  • tvbeat — Established in 2013, TVbeat provides a comprehensive TV Inventory Management & Yield Optimization SaaS Framework designed for TV Inventory owners, giving such TV sell-side players the essential tools to succeed in the ever changing TV ecosystem. Our SaaS Framework solves key addressable and non-addressable TV requirements & challengesthrough provision of holistic measurement, forecasting, planning, order management and optimization capabilities and self-serve applications. Such features can be leveraged across owned & operated TV inventories, media partner inventory and acquired inventory from 3rd party sources (DSPs & exchanges). TVbeat’s solution is being used successfully in the United States, United Kingdom, Canada, Ireland, France, Africas, Spain, Belgium, Middle East, Scandinavia to name a few. All of this is achieved by a world class team of engineers, data scientists, product managers and client support staff. Our offices are located in New York, London and Zagreb.
  • Povio App
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Hrvoje Kaluder
Angel · 2 investments in Croatia Manufacturing 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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Integrated Capital
VC Fund · Wan Chai, Hong Kong Island, Hong Kong · 1 investments in Croatia Manufacturing startups

Integrated Capital is a multi strategy investment firm investing across private and public equity, private credit and special situations.

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Investment focus

  • Industry: E-Commerce, Food and Beverage, Automotive
  • Stage:Series A, Seed, Series B
  • Geography: India, Taiwan, Croatia

Investor stats

  • Total investments: 13
  • Round size: Seed $6.5M–$6.5M; Series A $3.4M–$28M; Series B $12M–$40M
  • Lead/follow: 31% lead, 69% follow

Portfolio highlights

  • Entri — India's leading vernacular learning platform for Job Seekers. Learn Coding, Digital Marketing, Commerce, Spoken English and more.
  • The Naked Market — The Naked Market
  • Surglasses — Surglasses specializes in providing cutting-edge augmented reality surgery systems, specifically designed for orthopedics and neurosurgery. These systems offer precise surgical assistance and enhance surgical success rates, improving medical quality and patient safety.
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European Bank for Reconstruction and Development
VC Fund · London, England, United Kingdom · 1 investments in Croatia Manufacturing startups

The European Bank for Reconstruction and Development (EBRD) invests in changing lives. Through our financial investments, business services and work on policy reform, we're doing more than ever before to build open, market economies across 3 continents.

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Investment focus

  • Industry: Financial Services, Banking, Finance
  • Stage:Debt Financing, Post-IPO Debt
  • Geography: Turkey, Egypt, Ukraine

Investor stats

  • Total investments: 436
  • Round size: Post-IPO Debt $14M–$238M; Debt Financing $5M–$200M
  • Lead/follow: 75% lead, 25% follow

Portfolio highlights

  • Ford Otosan — Ford Otosan is a publicly traded company that manufactures, assembles, imports, exports, and sells motor vehicles and spare parts. The company provides commercial, transit and transit custom, and transit courier vehicles, and cargo trucks, as well as engines and powertrain products for trucks and transit vehicles.Ford Otosan was founded on 1959and is headquartered in Istanbul, Turkey.
  • 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.
  • OTE Group of Companies — OTE Group is the technology company.They offers the full range of telecommunications services: from fixed-line and mobile telephony, broadband services, to pay television and integrated ICT solutions. In addition to its core telecommunications activities, the Group in Greece is also involved in maritime communications, real-estate and professionaltraining. Abroad, the Group operates in the telecommunications market of Romania, where it offers fixed-line and mobile communications, as well as television services.
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PBZ
VC Fund · Zagreb, Grad Zagreb, Croatia · 1 investments in Croatia Manufacturing 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: Energy, Brewing, Finance
  • Stage:Post-IPO Debt
  • Geography: Croatia, France

Investor stats

  • Total investments: 6
  • Round size: Post-IPO Debt $3.4M–$165M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Bosqar — BOSQAR is an expanding CEE firm builder and perpetual capital supplier.
  • Pan-Pek — It is the leading company in the production of bakery and confectionery products.
  • 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.
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Manufacturing Investor funding in Croatia at a glance

Stats across 14 deals from 15 investors.

15
investors
in Croatia Manufacturing startups
14
deals
in Croatia Manufacturing startups
$12M
median round
in Croatia Manufacturing startups
60%
lead investors
lead at least one round
14%
Series B
most common funding stage
100/0
VC / Angel
share of investor count

Access all 15 investors in Croatia Manufacturing startups.

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