- Croatia is a rapidly developing startup ecosystem with a growing number of startups and investors.
- According to a recent report, there are currently over 500 startups in the country, with a total estimated value of over €1 billion.
Booming Industries:
- The main industries that have seen a significant growth in startups in Croatia are:
- Technology, including software development, mobile applications, and IT services
- E-commerce and online marketplaces
- Tourism and travel
- Healthcare and wellness
- Agtech and foodtech
Success Stories:
- Some of the most popular startups in Croatia include:
- Infobip - a global cloud communication company
- Five - a platform for home-based care services
- Priključak - a platform connecting electric vehicle owners to charging stations
- Agrivi - a farm management software
- Foodbag - an online platform for ordering food delivery from local restaurants
Active Business Angels and VCs:
- Some of the most active business angels and venture capital firms in Croatia include:
- Atlantic Grupa
- 3Lateral
- NSoft
- Infinum
- SpeedUp Group
Government Initiatives:
- The government of Croatia has been actively supporting the development of the startup ecosystem, with initiatives such as:
- Establishing a fund for supporting startups and innovation
- Providing tax incentives and subsidies for startups and investors
- Organizing events and workshops to promote entrepreneurship and innovation
Conclusion:
The startup and fundraising environment in Croatia is rapidly growing, with a diverse range of industries and a growing number of active investors and government initiatives. Despite being a small market, there are a number of successful startups and a lot of potential for further growth in the future.