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, […]
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 […]
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 […]
Cognism secures a $ 87.5 million investment
European markets. According to UK Tech News, the main investor in the financing is the new investor Viking Global Investors, and he was joined by Blue Cloud Ventures, AXA Venture Partners, Swisscom Ventures, and Volution. The company envisages this expansion as a combination of organic growth and acquisitions and plans to make further investments to […]
New fund for mezzanine financing of small and medium enterprises is at a low start
Small and medium-sized enterprises (SMEs) often find themselves in a situation where they have to reconsider or decide on the method of financing, whether it is bridging, investment, or other business steps. This often means a balance between debt and equity. Such a crossroads is sometimes, for example, the initiation of investments in the development […]
Bellabeat has signed a contract with Bank of America, the third largest investment bank in the world
The company Bellabeat, a global company that operates from Zagreb through two Croatian subsidiaries, and in which the leading co-founder and CEO is Sandro Mur from Croatia, is nearing the end of the third round of recapitalization, the statement said. The financing arranger is the second-largest American, and the third-largest investment bank in the world, […]
Croatian startups to watch in 2022
In the selection for Novac.hr TOP25 startups to follow in 2022, 14 members of the jury participated, excellent experts in startup ecosystems who chose among 120 proposed candidates. The selected startups represent the absolute cream of the Croatian startup scene, and they are the domestic entrepreneurial stars from whom the most is expected in 2022! […]
Infobip Acquires Peerless Network in US, Takes $500m Loan
The Infobip IT company has concluded a sales contract with the US-based Peerless Network company as well as ensuring a US$ 500 million loan, which places it among reputable IT companies with high growth and big value, Infobip reported. Peerless Network is a global provider of VoIP (Voice over IP) services from Chicago and Infobip […]
Spanish Cement Manufacturer Takes Over Calucem
Spanish cement producer Cementos Molins has taken over a full stake in Calucem, the owner of the Pula cement plant, from the Italian private equity fund Ambienta SGR. The value of the transaction, as it is unofficially known, is around 150 million euros. The transaction should be fully completed in the last quarter of this […]
Croatian-American ReversingLabs secured a $56m investment
Croatian-American company ReversingLabs has secured an investment worth $ 56 million in its Series B financing round, it was announced. Mario Vuksan and Tomislav Peričin founded ReversingLabs back in 2009 and today offer a range of products and solutions in the field of corporate cyber security. The $56 million investment was secured by a group […]