Croatian Venture Capital Initiative 2 (CVCi 2)
In a pivotal development for Croatia’s entrepreneurial landscape, the European Investment Fund (EIF) and the Ministry of Regional Development and EU Funds of the Republic of Croatia joined forces in September 2023 to ink a groundbreaking funding agreement. This agreement marked the inception of the Croatian Venture Capital Initiative 2 (CVCi 2), an ambitious EUR […]
Croatian Growth Investment Programme (CROGIP) II
The Croatian Bank for Reconstruction and Development (HBOR) and the European Investment Fund (EIF) have jointly launched the Croatian Growth Investment Programme II (CROGIP II). The main goal of this program is deeply rooted in encouraging the development and strengthening of private equity fund management companies, which direct a significant part of their investments to support fast-growing Croatian small […]
Top 25 Croatian Startups to watch in 2023
Novac.HR, the business section of the Jutarnji list, traditionally gathers an expert jury to select the Top 25 Croatian Startups to Watch in 2023. As published in December 2022, the names of the 25 most promising Croatian startups that are worth following in 2023 are: AGRIVI, airt, Amodo, Ascalia, BiteMe Nutrition, Cidrani, CircuitMess, Codemap, Elevien, […]
Prosperus invests in the company Yellow Submarine, which manages the leading premium burger brand in Central Europe, Submarine
As of 5th December, Prosperus Growth private equity fund, owns the majority stake in the company Yellow Sumbarine d.o.o. which is behind Croatia’s largest chain of craft burgers. Prosperus Growth raised over EUR 59 million and was additionally supported by the European Investment Fund (EIF) through the CROGIP program and Croatian Bank for Reconstruction and […]
Annual General Assembly Meeting & Xmas Networking Drinks
CVCA Annual General Assembly & Xmas Party 14 December 2022 , hotel Esplanade, Zagreb at 16:00 On 14 December 2022, the Croatian Private Equity and Venture Capital Association (CVCA) held the General Assembly Meeting of its members, followed by the Xmas Networking Drinks. At the General Assembly, Mirna Marovic, CVCA’s President, presented the President’s report […]
Dental clinic Rident and Ridental dental laboratory join Adria Dental Group, the largest dental group in Croatia and the region
After last year’s investments in Zagreb based dental clinic Arena, Solin based dental clinic Salona Dental and dental lab Vladimir Tešija, Adria Dental Group’s growth continues with investment in Rident, the largest clinic in Croatia with clinics in Rijeka and Poreč, and Ridental d.o.o. dental laboratory, the largest dental laboratory in Croatia. With this investment, […]
Rimac Group raises 500 million euros in new investment round
In the latest investing round Rimac Group collected EUR 500M after which its market value increased to EUR 2B. The majority of the investment was provided by the largest technology investment fund, SoftBank Vision Fund 2. SoftBank Vision Fund 2 is part of a large Japanese multinational company which is well known for investing in […]
Croatian VC fund Feelsgood Capital invests in BiteMe Nutrition
Croatian venture capital fund Feelsgood Capital signed an agreement to invest EUR 300,000 ($331,000) in local startup BiteMe Nutrition. The company produces raw energy bars and cookies from organic materials, gluten-free, sugar-free, and additive-free, Feelsgood said in a statement. Its products are available in eight countries. This impressive investment will help the Zagreb BiteMe Nutrition […]
Actively supporting Ukraine
Croatian Private Equity and Venture Capital Association (CVCA) joins the industry initiative led by Invest Europe and supported by national associations to condemn Russia attacks on Ukraine. We stand fully in support of the Ukrainian people. As with our fellow industry counterparts, we are profoundly saddened by the tragic loss of life and human suffering […]
SCV Technology Fund III: €70 million for tech start-ups in SEE
With the new € 70 million SCV Technology Fund III, South Central Ventures is bound to back more of the regional tech start-ups conquering global markets. We continue to look for excellent teams to join the portfolio companies we backed previously, including Cognism, AdScanner, Agrivi, Workpuls and Celtra, to name just a few. Transforming the region There are more and more […]