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...

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...

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 prof...

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...

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 e...

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...

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 entreprene...

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)...

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...

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....

Today, the Croatian Bank for Reconstruction and Development (HBOR) signed an agreement with the European Investment Fund (EIF) and SID Bank, the Slovenian Export and Development Bank, establishing the first regional platform for launching a fund to finance the commercialization of innovative technol...

Infobip has announced a new, third acquisition in just seven months. This time it is the Irish IT company Anam Technologies, the world's leading provider of SMS firewall services. Infobip and Anam together will provide technical solutions for more than 700 mobile operators globally covering 64% of t...

The most valuable startup in Southeast Europe, UiPath IPO listed its shares on the New York Stock Exchange on Wednesday. Romania’s UiPath, which develops software robots used by companies around the world to automate employee repetitive jobs, has set the starting price for its shares at $56. Ui...

Fortenova Group signed contract with Nomad Foods to divest its frozen food business. Fortenova Group and Nomad Foods Limited have signed a purchase agreement for the Frozen Food Business Group, which consists of Ledo plus, Ledo Čitluk and Frikom and several smaller affiliates. The value of the t...

Rimac Automobili, the Croatian company which produces and develops high-tech components for electromobility, known for its electric hypercars and batteries, has received yet another investment from Porsche AG. On March 8th, Porsche stated, it invested EUR 70 million into Rimac, which means that Pors...

Novac.HR, the economic section of Jutarnji list presented the first independent list of domestic young, innovative technology companies worth following in the following year called: "Novac.HR TOP 10 Croatian startups to monitor in 2021.". This is the first list in Croatia compiled by professional...

Announcement on July 30, 2020. that the US private equity firm One Equity Partners is partnering with Infobip in their $200 million Series A round at a $1 billion valuation may not seem groundbreaking in the international technology market yet for a small mostly tourism-driven country like Croatia i...