# Investors based in Serbia (2026 list) > 48 investors based in Serbia. Led by Verteez LLC, AGA Ventures, AIGO Business Syst.... Ranked by what they funded. Source: https://millionrounds.com/lists/investors-based-in-serbia (Millionrounds; every figure on the page links to its filing or article) [Investor Lists](https://millionrounds.com/lists) # Investors based in Serbia Updated 7 November 2026 Firms headquartered in Serbia, ordered by what we have observed them do rather than by what they claim to invest in. Where a firm sits is not where it invests; for that, see investors in Serbia. [See all 48 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Finvestors-based-in-serbia)The top 25 **48** investors on the list No change this week **0** cheques in 12 months Too few cheques to tell **$50K** median round they joined *-99%* against the market median **0%** wrote a cheque in 12 months **0%** have led a round ## The Top 25 Ordered by cheques observed, never by anything anyone paid for - 1 [Verteez LLC](https://millionrounds.com/fund/verteez-llc) quiet VC firm · Serbia **1** **$50K** median round **Mar 2014** last seen - 2 [AGA Ventures](https://millionrounds.com/fund/aga-ventures) unknown VC firm · Serbia **none observed** **-** median round **-** last seen - 3 [AIGO Business Syst...](https://millionrounds.com/fund/aigo-business-syst) unknown Private equity · Serbia **none observed** **-** median round **-** last seen - 4 [Adval Capital](https://millionrounds.com/fund/adval-capital) unknown Family office · Serbia **none observed** **-** median round **-** last seen - 5 [Animond](https://millionrounds.com/fund/animond) unknown Investment firm · Serbia **none observed** **-** median round **-** last seen - 6 [Attic42](https://millionrounds.com/fund/attic42) unknown Accelerator · Serbia **none observed** **-** median round **-** last seen - 7 [BIOKINETIK TECH Digital Human Motion Analytics SportsTech, Gaming & Industrial Ergonomics](https://millionrounds.com/fund/biokinetik-tech-digital-human-motion-analytics-sportstech-ga) unknown Investment firm · Serbia **none observed** **-** median round **-** last seen - 8 [Belgrade Family Office](https://millionrounds.com/fund/belgrade-family-office) unknown Family office · Serbia **none observed** **-** median round **-** last seen - 9 [Caelum Capital](https://millionrounds.com/fund/caelum-capital) unknown Advisor · Serbia **none observed** **-** median round **-** last seen - 10 [Crypto Finance Serbia](https://millionrounds.com/fund/crypto-finance-serbia) unknown VC firm · Serbia **none observed** **-** median round **-** last seen - 11 [DZUAIF Capital Partners](https://millionrounds.com/fund/dzuaif-capital-partners) unknown Investment firm · Serbia **none observed** **-** median round **-** last seen - 12 [Development Fund of the Republic of Serbia](https://millionrounds.com/fund/development-fund-of-the-republic-of-serbia) unknown Investment firm · Serbia **none observed** **-** median round **-** last seen - 13 [Development fund of the Autonomous Province Vojvodina](https://millionrounds.com/fund/development-fund-of-the-autonomous-province-vojvodina) unknown Government · Serbia **none observed** **-** median round **-** last seen - 14 [European Fund for the Balkans (EFB)](https://millionrounds.com/fund/european-fund-for-the-balkans-efb) unknown Investment firm · Serbia **none observed** **-** median round **-** last seen - 15 [Fifth Quarter Ventures](https://millionrounds.com/fund/fifth-quarter-ventures) unknown VC firm · Serbia **none observed** **-** median round **-** last seen - 16 [Fond za razvoj Republike Srbije - Development Fund of the Republic of Serbia](https://millionrounds.com/fund/fond-za-razvoj-republike-srbije-development-fund-of-the-repu) unknown Investment firm · Serbia **none observed** **-** median round **-** last seen - 17 [Fund B92](https://millionrounds.com/fund/fund-b92) unknown Investment firm · Serbia **none observed** **-** median round **-** last seen - 18 [Fund Tourist Cluster Srem](https://millionrounds.com/fund/fund-tourist-cluster-srem) unknown Investment firm · Serbia **none observed** **-** median round **-** last seen - 19 [Fundus Holding](https://millionrounds.com/fund/fundus-holding) unknown Investment firm · Serbia **none observed** **-** median round **-** last seen - 20 [Guarantee Fund of Autonomous Province of Vojvodina](https://millionrounds.com/fund/guarantee-fund-of-autonomous-province-of-vojvodina) unknown Government · Serbia **none observed** **-** median round **-** last seen - 21 [Hefestos Capital](https://millionrounds.com/fund/hefestos-capital) unknown Investment bank · Serbia **none observed** **-** median round **-** last seen - 22 [Hurricane Studio](https://millionrounds.com/fund/hurricane-studio) unknown Venture studio · Serbia **none observed** **-** median round **-** last seen - 23 [ICT Hub](https://millionrounds.com/fund/ict-hub) unknown Company · Serbia **none observed** **-** median round **-** last seen - 24 [ICT Hub Venture](https://millionrounds.com/fund/omorika-ventures) unknown VC firm · Serbia **none observed** **-** median round **-** last seen - 25 [Innovation Fund in Serbia](https://millionrounds.com/fund/innovation-fund-in-serbia) unknown Investment firm · Serbia **none observed** **-** median round **-** last seen **23 more on this list** All 48 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000. [See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Finvestors-based-in-serbia) ## Cheques by Quarter Led Joined Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 Q2 26 Q3 26 Q4 26 The last bar is the quarter still running. ## Lists Like This - [Investors based in United States 73,439](https://millionrounds.com/lists/investors-based-in-united-states) - [Investors based in United Kingdom 8,136](https://millionrounds.com/lists/investors-based-in-united-kingdom) - [Investors based in Canada 3,879](https://millionrounds.com/lists/investors-based-in-canada) - [Investors based in India 3,865](https://millionrounds.com/lists/investors-based-in-india) - [Investors based in Germany 3,455](https://millionrounds.com/lists/investors-based-in-germany) - [Investors based in China 3,027](https://millionrounds.com/lists/investors-based-in-china) - [Investors based in United Arab Emirates 2,916](https://millionrounds.com/lists/investors-based-in-united-arab-emirates) - [Investors based in Australia 2,592](https://millionrounds.com/lists/investors-based-in-australia) - [Investors based in France 2,280](https://millionrounds.com/lists/investors-based-in-france) [All investor lists *→*](https://millionrounds.com/lists) ## Quick answers about investors based in Serbia ### Who are the most active investors based in Serbia? By cheques observed, the most active are Verteez LLC, AGA Ventures, AIGO Business Syst..., Adval Capital and Animond. ### How many investors based in Serbia are there? 48 are on record. 0% made an investment in the last 12 months. ### How is this list of investors based in Serbia ranked? By cheques observed, from the rounds and filings we watched, and never by anything anyone paid for. It is rebuilt every night. ### Can I see all 48 investors based in Serbia? The top 25 are here. All 48 are in the app, with filters for stage, sector, market and cheque size. A free account shows 10 per search, Pro up to 1,000. Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)