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Top 10 Marketplace VC Funds & Investors in Serbia (October 2026)

The most active venture capital funds investing in Serbia Marketplace startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Serbia Marketplace startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
South Central Ventures
VC Fund
2 United States, United Kingdom, Serbia Seed, Pre-Seed, Series A Software, SaaS, Artificial Intelligence $34k–$5.3M
European Bank for Reconstruction and Development
VC Fund
2 Turkey, Egypt, Ukraine Debt Financing, Post-IPO Debt, Private Equity Financial Services, Banking, Manufacturing $5.1M–$369M
SeedBlink
VC Fund
2 Romania, United States, United Kingdom Seed, Pre-Seed, Series A Software, SaaS, Information Technology $139k–$35M
3TS Capital Partners
VC Fund
1 United States, Poland, Romania Series A, Venture - Series Unknown Software, SaaS, Information Technology $768k–$12M
Euroventures
VC Fund
1 Hungary, United Kingdom, United States Series A, Venture - Series Unknown, Seed Software, Information Technology, E-Commerce $551k–$10M
Global Environment Fund Management
VC Fund
1 United States, India, Brazil Private Equity, Series B Energy, Forestry, Renewable Energy $1.4M–$265M
ICT Hub Venture
VC Fund
1 Serbia, Belgium, Germany Pre-Seed, Seed SaaS, Software, Gaming $23k–$325k
Catalyst Romania
VC Fund
1 Romania, United Kingdom, Serbia Venture - Series Unknown, Seed, Series A Software, Retail, FinTech $1.1M–$6.1M
Innovative Private Sector Development
VC Fund
1 Serbia, United States Seed Retail, Fashion, Shopping
North Base Media
VC Fund
1 United States, India, Vietnam Seed, Series A, Series B Digital Media, Advertising, News $75k–$23M
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Investor list

South Central Ventures
VC Fund · Belgrade, Vojvodina, Serbia · 2 investments in Serbia Marketplace 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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European Bank for Reconstruction and Development
VC Fund · London, England, United Kingdom · 2 investments in Serbia Marketplace 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, Manufacturing
  • Stage:Debt Financing, Post-IPO Debt, Private Equity
  • Geography: Turkey, Egypt, Ukraine

Investor stats

  • Total investments: 498
  • Round size: Post-IPO Debt $17M–$369M; Debt Financing $5.1M–$225M; Private Equity $15M–$100M
  • Lead/follow: 76% lead, 24% follow

Portfolio highlights

  • 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.
  • Yapı ve Kredi Bankası — Yapi Kredi Bankasi, established in 1944, is one of the first nationwide private banks in Turkey. It is engaged in credit cards, assets management, non-cash loans, leasing, factoring, private pension funds and non-life insurance. It is 80% owned by Koc Finansal Hizmetler (KFH), whose combined financial services network consists of over 13 millioncustomers and 835 branches in Turkey.Yapi Kredi was acquired by Mehmet Emin Karamehmet's Çukurova Holding in 1984. In 2003, Çukurova Holding reached an agreement with the Turkish bank regulator to sell the majority of its shares in Yapi Kredi within two years. In 2005, the majority of shares in Yapi Kredi was acquired by the owners of Koçbank. Koç Finansal Hizmetler (KFH) was an equal partnership between Koç Holding and Italian banking giant, Unicredit. In 2006, Koçbank was merged into Yapı Kredi, leaving 80% of Yapi Kredi owned by KFS.
  • European Metals Holdings — European Metals Holdings is a mineral exploration and development company engaged in the exploration of tin and base metals. The Company is primarily involved in the development of a lithium and tin project in the Czech Republic.
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3TS Capital Partners
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Serbia Marketplace startups

One of the leading European technology-focused growth capital investors, backing high-growth SMEs across Technology & Internet, Media & Communications.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Series A, Venture - Series Unknown
  • Geography: United States, Poland, Romania

Investor stats

  • Total investments: 79
  • Round size: Series A $768k–$12M; Venture - Series Unknown $1M–$11M
  • Lead/follow: 52% lead, 48% follow
  • Last fund: Likely still investing — raised $120M in 2024

Portfolio highlights

  • GoTo (formerly LogMeIn) — GoTo, formerly known as LogMeIn, offers flexible-work software solutions such as GoTo Connect, GoTo Resolve, Rescue, and Central. Designed primarily for small and midsize business IT departments yet robust enough for enterprise use, GoTo's platform supports unified communications and collaboration (UCC) as well as IT management and support.With nearly 800,000 customers, GoTo facilitates over 1 billion participants in meetings, classes, and webinars through its UCC products and enables half a billion connections via its remote access and support tools.
  • Wealthon — Wealthon is a lending firm that offers installment loans, bridging loans, and POSCASH to individuals and businesses.
  • BOOKR Kids — BOOKR Kids helps children develop better first and second language skills using engaging technology and fun reading activities and games.
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Euroventures
VC Fund · Budapest, Budapest, Hungary · 1 investments in Serbia Marketplace startups

Budapest-based Euroventures is one of the longest-established and leading independent private equity and venture capital firms in Central Europe, with a proven ability to achieve international exits over two decades in a fast-changing environment. It has advised or is advising five investment programmes totalling over €180m since 1989, with a focuson funding INNOVATION and GROWTH in Hungary and Central Europe. The investors in Euroventures funds have been international institutional Investors. Euroventures' nearly 50 current and former portfolio companies illustrate the commitment to provide steady support through the cycles of the regional and global economy. Its professional team members have many decades of private equity / venture capital experience between them. Recent investments have targeted growing businesses with innovative technologies in the fields of medtech, big data, security, and IoT among others. Euroventures has had an outstanding track record in supporting its portfolio companies entering global markets. As a result, it has delivered highly successful exits, including IPOs (Vienna, NASDAQ, NYSE) and several dozens of trade sales to international corporations. Euroventures is a founding member of the Hungarian Venture Capital Association and complies with the conduct, governing principles and valuation/reporting guidelines of Invest Europe.

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Investment focus

  • Industry: Software, Information Technology, E-Commerce
  • Stage:Series A, Venture - Series Unknown, Seed
  • Geography: Hungary, United Kingdom, United States

Investor stats

  • Total investments: 30
  • Round size: Seed $551k–$3.3M; Series A $554k–$10M; Venture - Series Unknown $3.8M–$4.3M
  • Lead/follow: 20% lead, 80% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

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.
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Global Environment Fund Management
VC Fund · Chevy Chase, Maryland, United States · 1 investments in Serbia Marketplace startups

Global Environment Fund (GEF) is a global alternative asset manager established in 1990 to invest in high-growth clean energy, energy and resource efficiency, environmental, and sustainable natural resource management industries throughout the world. Our investments finance innovative businesses that deploy proven technologies, products and services that incrementally make the world economy run with less energy,

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Investment focus

  • Industry: Energy, Forestry, Renewable Energy
  • Stage:Private Equity, Series B
  • Geography: United States, India, Brazil

Investor stats

  • Total investments: 69
  • Round size: Series B $5.4M–$24M; Private Equity $1.4M–$265M
  • Lead/follow: 23% lead, 77% follow

Portfolio highlights

  • Optimoz AI — Discover high-impact, AI-driven, cloud-powered solutions with Optimoz. From atmospherics AI to optalk and openHIT, we deliver innovative technologies to transform your business.
  • Farmalogist — Farmalogist d.o.o distributes pharmaceuticals, medical devices, and offers regulatory registration services for healthcare products.
  • ESDS Software Solution Limited — ESDS, a premier cloud service provider in India, offers managed and datacenter services, ensuring seamless, secure, and scalable solutions for businesses of all
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ICT Hub Venture
VC Fund · Belgrade, Vojvodina, Serbia · 1 investments in Serbia Marketplace startups

Omorika is the traditional name of Picea omorika, one of the most fascinating endemic trees in the world. Our fund is named Omorika in honor of this endangered beauty.morika is the perfect symbol of our investment fund (authentic and rare) and what it strives to become (gigantic and strong). It is also an ideal measure we are looking for in our future partners - endurance and groundbreaking spirit.

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Investment focus

  • Industry: SaaS, Software, Gaming
  • Stage:Pre-Seed, Seed
  • Geography: Serbia, Belgium, Germany

Investor stats

  • Total investments: 11
  • Round size: Seed $23k–$325k; Pre-Seed $34k–$59k
  • Lead/follow: 82% lead, 18% follow

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.
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Catalyst Romania
VC Fund · Bucharest, Bucuresti, Romania · 1 investments in Serbia Marketplace startups

Catalyst Romania is a private equity and venture capital fund platform.

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Investment focus

  • Industry: Software, Retail, FinTech
  • Stage:Venture - Series Unknown, Seed, Series A
  • Geography: Romania, United Kingdom, Serbia

Investor stats

  • Total investments: 16
  • Round size: Seed $1.1M–$2.1M; Series A $3.4M–$3.7M; Venture - Series Unknown $1.4M–$6.1M
  • Lead/follow: 69% lead, 31% follow

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.
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Innovative Private Sector Development
VC Fund · Ramallah, West Bank, Palestinian Territory · 1 investments in Serbia Marketplace startups

IPSD - Innovative Private Sector Development

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Investment focus

  • Industry: Retail, Fashion, Shopping
  • Stage:Seed
  • Geography: Serbia, United States

Investor stats

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

Portfolio highlights

  • gamiphy — GAMIPHY is a user engagement and retention platform that equips brands in different industries with tools proven to increase customer reach and loyalty such as branded mini games, playable Ads and digital loyalty programs. The tools and techniques offered by GAMIPHY can be either integrated into existing websites and apps, or can be used to createplatform-independent solutions. The available solutions are diverse, fully customizable, DIY, and are guaranteed to improve each customer journey, thus shorten the path to earn the loyalty sought after.
  • Modesta — Modesta is an e-commerce store that helps women express themselves by featuring the latest trends in modest fashion.
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North Base Media
VC Fund · Singapore, Central Region, Singapore · 1 investments in Serbia Marketplace startups

NBM is a specialized firm that successfully pioneered global digital-media investing over the last decade, backing successes like IDN Media in Indonesia, Pocket Aces in India, TheNewsLens in Taiwan and Capital Digital in Mexico. Its first venture fund, launched in 2015, consistently ranks in the top quartile of media and global venture funds. TheFund, which has been backed by several of the world’s leading media brands, is now open to other investors as its investment team moves to take advantage of the sudden rise of opportunities and new valuations in the global media landscape. NBM’s co-founders are Marcus Brauchli, the former top editor at The Washington Post and The Wall Street Journal; Sasa Vucinic, the longtime CEO of the Media Development Investment Fund (MDIF). The firm’s general counsel is Stuart Karle, former COO of Reuters and General Counsel of the Journal.

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Investment focus

  • Industry: Digital Media, Advertising, News
  • Stage:Seed, Series A, Series B
  • Geography: United States, India, Vietnam

Investor stats

  • Total investments: 67
  • Round size: Seed $75k–$5.7M; Series A $1.5M–$7.5M; Series B $2M–$23M
  • Lead/follow: 27% lead, 73% follow
  • Last fund: May invest from a new fund soon — raised $500k in 2021

Portfolio highlights

  • Zaiko — Zaiko is the market leader in providing ticketing technology for live events and streaming shows. Monetize your show, engage fans, user analytic data, memberships, and more.
  • Spectrm — charles is the Conversational Marketing AI and CRM platform for brands to attract, convert, and retain customers via AI agents and marketing automations.
  • Kaleidoscope — Kaleidoscope Content, bringing vivid stories from around the globe. Listen in color!
Show all investments...

Marketplace VC funding in Serbia at a glance

Stats across 20 deals from 20 investors.

20
investors
in Serbia Marketplace startups
20
deals
in Serbia Marketplace startups
$338k
median round
in Serbia Marketplace startups
45%
lead investors
lead at least one round
30%
Seed
most common funding stage

Access all 20 VC funds in Serbia Marketplace startups.

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