Top 45 VC Funds & Investors in Serbia (September 2026)

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.

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.

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

• 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

Portfolio highlights

• Modeinspect — acreom is the integrated markdown knowledge base with tasks. Your personal daily driver for your dev workflow.
• Delta Green — Aggregating household assets in large controllable block of flexibility.
• Explain Everything — Free online whiteboard for teaching. Record video tutorials, create interactive presentations. Join 24+ million users of Explain Everything.

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 — We are a multidisciplinary team comprising experts in the domain of artificial intelligence, law, user experience and seasoned IT engineers. Our experience in developing mobile applications and online services provided us with insight into privacy policy challenges. Together with our data privacy and legal tech consultants and user experienceexperts we are working on bringing the complex aspects of privacy policies to end users in a simple, yet informing way.

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

• 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 — The platform that takes an app from idea to install, because code stopped being the bottleneck.
• 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

• 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.
• DesignVerse — Build complex enterprise software using context.

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

• Hilo — Get stress-free readings round the clock with Hilo's clinically validated blood pressure monitor. Learn more
• ColibrITD — ColibriTD leader of Simulation solutions using Quantum computing
• Neuracore — The robot skill creation engine: collect demonstrations, curate datasets, train imitation and reinforcement learning policies, and deploy them on real robots, all on one platform.

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

• 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

• Range — The financial control layer for companies operating across stablecoins, crypto and fiat rails.
• THEA-AI — AI that amplifies human performance
• Adjacent Markets — Event indexing and @AdjacentNews

Portfolio highlights

• 6thSense — 6thSense is an AI and robotics data engineering startup that builds tactile egocentric datasets for training the next generation of dexterous robots.
• Qualitate — Qualitate deploys the world's most intelligent AI moderator to conduct expert-driven conversations at scale - uncovering high-quality insights, fast.
• Membrane — Integrate any API instantly. Keep integrations working as things change. Membrane is agentic integration infrastructure with unlimited API coverage.

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.
• 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

• Mowito — Fully automated pick'n'drop for groccery stores
• Pilot Protocol — Network OS for AI 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

• Yodlee — Yodlee is a provider of financial applications that aims to make online banking more profitable. Yodlee's personal financial management, payments, and customer acquisition solutions unify all personal financial account information to deliver centralized way for users to manage their financial tasks.
• MobStac — Developer of a cloud-based mobile marketing platform designed to connect the digital and physical worlds through the use of innovative technology. The company's platform is based on the principals of proximity marketing and engage customers in a personalized, context-aware way that leverages indoor location and proximity, enabling businessesand brands to leverage BLE beacon technology to deliver context-rich experiences to their end users.
• Diligent — Diligent, a modern governance company, is the only comprehensive governance software provider featuring tools to improve and simplify modern day governance.

Portfolio highlights

• Sereact — The only real-world verified Vision-Language-Action AI. Proven at scale. Trained on the world's largest dataset of robotic picks.
• 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

• 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

• 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

• 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 — A third-person fantasy extraction shooter inspired by Asian culture.

Portfolio highlights

• Sandouq — Sandouq focuses on creating delightful gaming experiences branded as "Sandouq".
• Taka Studio — Indie game studio crafting design-driven experiences. Currently developing HexaFootball, a turn-based football strategy game for PC.
• Entropy Minds — Entropy Minds is a Saudi game development studio founded in 2024, creating innovative gaming experiences blending Saudi culture with global standards.

Portfolio highlights

• RedotPay — Where Crypto Meets Real Life | Trusted by 8M+ | Accepted at 130M+ merchants | Pay with BTC, ETH, USDC, USDT & more
• Yellow Card — Yellow Card is a licensed stablecoin payments infrastructure provider powering global money movement across USD and 50+ local currencies. Talk to us.
• Fabric Cryptography — Building towards a trustless future with custom chips for advanced cryptography.

Portfolio highlights

• Rivo — Rivo moves the idle cash in your bank account into government-backed securities and brings it back before your bills hit, all automatically.
• Pangram Labs — The most accurate technology to detect AI-generated content. Detects ChatGPT, Gemini, Meta AI, Claude, and more. Supports 20+ languages with 99.98%+ accuracy.
• FormX — California's trusted sustainable builders. FormX delivers fully customized single-family homes, ADUs, and backyard offices built faster with component-based modular construction.

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.

Portfolio highlights

• SYNTHR — SYNTHR is redefining instant and slippage-free asset movement across chains
• Zone — Zone is a community-driven GameFi ecosystem built on Algorand blockchain. The ZONE ecosystem is cross-compatible with other blockchains and offers a gamefi bot for Discord that enables on-chain gaming challenges and fantasy sports.
• Starfish Finance — Starfish Finance is the Operator of a gamified defi platform intended to be the web3 entertainment-fi brand.

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

• 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

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

• 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

• 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

• Luni — One team. Several brands. Millions of people. Endless creativity.
• Feenko — Feenko is a personal finance and subscription management app that helps users identify, track, and manage recurring subscription payments.
• Shortical — Big stories made for your phone. Discover original vertical series built for the way people watch today. Shortical brings cinematic storytelling into quick, addictive episodes you can enjoy anytime, anywhere.

Portfolio highlights

• Veli — Veli is a fintech firm that provides platform for crypto investing.
• Getafeel — We specialize in 3D digital twin solutions for residential real estate developers.
• Vinaver Medical — Vinaver Medical uses AI to unlock the full power of spectral CT, delivering richer tissue data and sharper diagnostics from scanners you already own. Their software boosts clinical confidence and enhances precision in treatment planning.

Portfolio highlights

• HTEC — At HTEC Group, technology excellence is at the core of everything we do.
• Meter and Control — Meter and Control provides hardware and software solutions for smart energy management in industrial and residential environments. Their products include smart electricity metres with PLC and GPRS/3G communication, data concentrators and gateways, communication and switching modules, and AMM/AMI software for remote metre reading andcommercial and residential power consumption management.

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

• Oumla — Secure, scalable blockchain infrastructure for businesses, enterprises, and governments to manage digital assets with ease and compliance.
• KOR Protocol — KOR Protocol is a decentralized intellectual property (IP) infrastructure designed to empower creators, protect rights, and enable seamless collaboration and monetization of IP assets across various industries, including music, film, TV, gaming, and art. Backed by notable entities like Animoca Brands, Republic, Niantic, Sfermion, Solana, andprominent creators such as Black Mirror, Disclosure, deadmau5, and Richie Hawtin, KOR leverages blockchain, AI, and DeFi to offer a transparent, efficient, and scalable environment for IP expansion.
• 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

• Euro Manganese — Ultra High Purity Manganese Products World Class Environmental and Social Standards In The Heart of Europe
• Feka Automotive — Feka Automotive supplies OEM and Tier 1 businesses in Turkey and around the world with automotive systems and parts. The company primarily sells completed trim pieces, water expansion and steering hydraulic oil tanks, rearview mirrors, and interior and outdoor illumination.
• NLB Komercijalna Banka — NLB Banka Beograd is a banking institution that offers a wide range of financial services. These services include personal banking, business banking, and digital banking services. Personal banking services encompass various types of accounts, loans, and cards. Business banking services cater to the needs of small businesses, corporations, andentrepreneurs, providing them with accounts, loans, and other financial solutions. The bank also offers digital banking services through its NLB eKlik and NLB eBizKlik platforms, allowing customers to manage their finances online. In addition, NLB Banka Beograd provides customer support through its contact center.

Portfolio highlights

• B2Bee — B2Bee is B2B ordering automation for wholesale distributors. Orders reach your ERP without manual entry, so you capture more revenue from the accounts you already have.
• Getafeel — We specialize in 3D digital twin solutions for residential real estate developers.
• Connect The Dots — Connect The Dots is a network intelligence platform that uses AI to map and manage career-long professional relationships. The company was founded in 2019 and is based in San Francisco, California, United States.

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

• 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 — Next-gen platform combining Entertainment + AI
• 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

• 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

• FED invest — FED invest provides financial, non-financial, and banking services.
• MicroBank — MicroBank is a financial service company. They provide financing to groups and projects that generate a favorable social impact. It is an international initiative that to achieve a voluntary commitment from entities in social responsibility, and in this way contribute to responsibility.
• University of Tartu — The University of Tartu is a classical university in the city of Tartu and the national university of Estonia.

Portfolio highlights

• Thytadel — Infrastructure for governing the supply and utilisation of physical assets
• KOKODI — A third-person fantasy extraction shooter inspired by Asian culture.
• Sats Terminal — Borrow USDC against BTC at the best available rate in minutes Backed by @yzilabs, @cbventures, @drapervc and more

Portfolio highlights

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