Recently Funded Startups in Montenegro (Sep-2025)
Last Updated: 22-Sep-2025
Montenegro, a small yet vibrant country nestled in the Balkan Peninsula, has been steadily fostering a burgeoning startup ecosystem. With an increasing focus on innovation and entrepreneurship, the country is rapidly transforming into a hub for forward-thinking businesses. Supporting infrastructure, combined with a motivated talent pool, has created a fertile ground for startups to flourish, particularly in the financial services sector, which has seen notable activity in recent funding rounds.
In September 2025, the Montenegrin startup landscape witnessed another milestone with the successful funding of key players, marking a positive trend for the nation’s economic growth. Funding plays a crucial role in bringing ambitious ideas to fruition, providing startups with the necessary capital to scale operations, invest in technology, and expand their market reach. The recent investment activity, highlighted by a significant deal in the financial services industry, underscores the potential of Montenegrin startups to make a substantial impact both locally and beyond.
Funding Highlights
- Total number of startups tracked: 2
- Number of startups that raised funding last year: 1
- Number of startups that raised funding this year: 1
- Total funding raised this year so far: $11,000,000
- Largest deal: Alter Modus, Series Unknown, $11,000,000
- Top industries by funding amount: Financial Services – $11,000,000
- Top industries by number of deals this year: Financial Services – 1 deal
Full List of Recently Funded Startups in Montenegro
| Company | City | Country | Round | Amount | Date | Industry |
|---|---|---|---|---|---|---|
| Alter Modus | Podgorica | Montenegro | Series Unknown | $11M | 2025-04-05 | Financial Services |
| CGES | Podgorica | Montenegro | Series Unknown | $1M | 2024-11-19 | Energy |
| CGES | Podgorica | Montenegro | Series Unknown | $30.3M | 2024-02-20 | Energy |
Frequently Asked Questions
Q1. Where can I find recently funded startups in Montenegro?
You can explore our full list of startups that raised funding this month above. You can also subscribe to our free plan to get weekly alerts.
Q2. How can I connect with these startups in Montenegro?
You can subscribe to our premium plan for verified CEO and decision-maker contacts.
Q3. How many startups in Montenegro were funded this year and how much did they raise?
One tracked startup in Montenegro raised funding this year, totaling $11,000,000.
Q4. Which industries are trending among recently funded startups in Montenegro?
Financial Services is the top industry in Montenegro this year with $11,000,000 raised (1 deal); no other industries recorded funding among tracked startups.
Q5. How can I get detailed deal terms and founder information for Montenegro startups?
Subscribe to our premium plan for full deal documents and verified founder contacts; alternatively view the Montenegro deal summaries above or sign up for the free plan for weekly alerts.
