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Top 5 Mobile Startup Investors in Serbia (September 2026)

The most active venture capital funds and angel investors investing in Serbia Mobile startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Serbia Mobile startup companies. Find investors to raise a Pre-Seed, Seed or Private Equity round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Eleven Ventures
VC Fund
3 Bulgaria, United States, United Kingdom Seed, Convertible Note, Pre-Seed Software, SaaS, Information Technology $27k–$2.7M
European Bank for Reconstruction and Development
VC Fund
2 Turkey, Egypt, Ukraine Debt Financing, Post-IPO Debt, Private Equity Financial Services, Banking, Energy $5.1M–$369M
Sandberg Capital
VC Fund
1 Czech Republic, Serbia, Slovakia (Slovak Republic) Private Equity, Venture - Series Unknown Information Technology, SaaS, iOS $14M–$21M
Stevan Radak
Angel
1 Serbia Angel Printing, E-Commerce, Mobile Apps
Lenovo Capital and Incubator Group (LCIG)
VC Fund
1 China, Hong Kong, United States Series A, Seed, Series B Manufacturing, Artificial Intelligence, Software $1.4M–$150M
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Investor list

Eleven Ventures
VC Fund · Sofia, Grad Sofiya, Bulgaria · 3 investments in Serbia Mobile startups

We empower local heroes to build global success. Eleven is an early-stage VC investing in technology companies in Southeast Europe.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Seed, Convertible Note, Pre-Seed
  • Geography: Bulgaria, United States, United Kingdom

Investor stats

  • Total investments: 149
  • Round size: Seed $27k–$2.7M; Pre-Seed $220k–$1.1M; Convertible Note $27k–$121k
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely still investing — raised $68M in 2022

Portfolio highlights

  • Flataway.ai — Flataway - the home of subscription living. Live & work from anywhere in a trusted proffessionally managed accomodation.
  • nFuse.ai — nFuse scales your B2B sales with AI. Up to 30% revenue uplift, $1 per order processing cost, live in 30 days. No new apps, no behavior change.
  • Blue Longevity — Expert care for a healthier, longer life. Opening soon Athens | Istanbul | Sofia
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European Bank for Reconstruction and Development
VC Fund · London, England, United Kingdom · 2 investments in Serbia Mobile 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, Energy
  • Stage:Debt Financing, Post-IPO Debt, Private Equity
  • Geography: Turkey, Egypt, Ukraine

Investor stats

  • Total investments: 485
  • Round size: Post-IPO Debt $17M–$369M; Debt Financing $5.1M–$215M; Private Equity $15M–$100M
  • Lead/follow: 75% lead, 25% follow

Portfolio highlights

  • Mlinar — Mlinar is the bakery retail and wholesale business in Croatia and operates the largest bakery retail network in South East Europe.
  • 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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Sandberg Capital
VC Fund · Bratislava, Bratislava, Slovakia (Slovak Republic) · 1 investments in Serbia Mobile startups

Sandberg Capital is a private equity firm specializing in small and medium private companies. Sandberg Capital focuses on investing in small and medium-sized businesses, building on J & T's 20 years experience in corporate finance and private equity.

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Investment focus

  • Industry: Information Technology, SaaS, iOS
  • Stage:Private Equity, Venture - Series Unknown
  • Geography: Czech Republic, Serbia, Slovakia (Slovak Republic)

Investor stats

  • Total investments: 4
  • Round size: Venture - Series Unknown $14M–$21M
  • Lead/follow: 100% lead, 0% follow
  • Last fund: May invest from a new fund soon — raised $159M in 2021

Portfolio highlights

  • Daktela — The best customer experience in one platform. Unify voice, email, chat, SMS & social media, plus AI, CRM and more. Trusted by over 100,000 users worldwide.
  • Quantox Technology — Place where Ideas are Made Possible. Growing international team dedicated to top-notch software development.
  • Revolgy — We take care of your cloud infrastructure and you can focus on your product. Get comfy in the cloud with us! | 70+ cloud enthusiasts | @cloudnativeprg meetups.
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Stevan Radak
Angel · 1 investments in Serbia Mobile startups

Serial angel investor and founder of 1st Serbian seed capital fund with 10+ years of experience from reputable international investment banks (including UniCredit, Deutsche Bank, E&Y).

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Investment focus

  • Industry: Printing, E-Commerce, Mobile Apps
  • Stage:Angel
  • Geography: Serbia

Investor stats

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

Portfolio highlights

  • YoloBook — YoloBook provides photo frames, photo albums, and a calendar. They also provide gifts for birthdays, anniversaries, girlfriends, boyfriends, new year, kids, family, friends, women's day, and valentine's day.
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Lenovo Capital and Incubator Group (LCIG)
VC Fund · Beijing, Beijing, China · 1 investments in Serbia Mobile startups

Lenovo Capital and Incubator Group is an accelerator and venture capital firm.

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Investment focus

  • Industry: Manufacturing, Artificial Intelligence, Software
  • Stage:Series A, Seed, Series B
  • Geography: China, Hong Kong, United States

Investor stats

  • Total investments: 342
  • Round size: Seed $1.4M–$42M; Series A $1.5M–$74M; Series B $8M–$150M
  • Lead/follow: 26% lead, 74% follow
  • Last fund: May invest from a new fund soon — raised $500M in 2016

Portfolio highlights

  • Violoop — Violoop is a Chinese AI hardware startup Specializes in AI-PC automation hardware as a "physical-level AI Operator", bridging legacy software and AI agents for 24/7 workflows without APIs.
  • Deepin Technology — Deepin Technology is a company that utilizes artificial intelligence, quantum chemistry, and high-throughput experiment technologies to enhance the efficiency and workflow of chemical material innovation. it offers efficient R&D solutions for chemical materials, aiming to solve lab bottlenecks, promote innovative research, and enhance customervalue.
  • SenseTime Medical — SenseTime Medical promotes the development and implementation of its medical big model and provides smart health solutions.
Show all investments...

Mobile Investor funding in Serbia at a glance

Stats across 5 deals from 3 investors.

3
investors
in Serbia Mobile startups
5
deals
in Serbia Mobile startups
$33k
median round
in Serbia Mobile startups
67%
lead investors
lead at least one round
40%
Non-equity Assistance
most common funding stage
100/0
VC / Angel
share of investor count

Access all 3 investors in Serbia Mobile startups.

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