The fundraising and startup ecosystem in Serbia is still in its early stages of development. However, in recent years, the country has seen an increase in the number of startups and a growing interest from local and international investors. The following are some of the key highlights of the fundraising and startup ecosystem in Serbia:
- The number of startups in Serbia has been increasing steadily in recent years, with a growing focus on tech startups in areas such as fintech, e-commerce, and software development.
- In 2020, the total amount of investment in Serbian startups reached €30 million, with the majority of funding coming from international investors.
- Some of the most popular startups in Serbia include:
- Nordigen, a fintech company providing financial data analytics solutions
- Binar Academy, a software development company offering coding bootcamps and online courses
- Eset, a cybersecurity company providing anti-virus and internet security solutions
- The most active business angels and VCs in Serbia include:
- South Central Ventures
- Rakia Ventures
- Luxury Ventures
- Wired Capital
- Arn Investments
- The Serbian government has taken several initiatives to bolster the startup ecosystem in the country, including the creation of the Serbian Startup Hub, a government-supported initiative aimed at promoting and supporting the development of startups in Serbia.