Recently Funded Startups in Montenegro (Aug-2025)

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Last Updated: 29-Aug-2025

Montenegro’s startup ecosystem is steadily evolving, driven by a growing interest in technology and innovation. With its favorable geographic location and improving regulatory environment, the country is becoming increasingly attractive for entrepreneurs and investors alike. As more startups emerge, funding is crucial not only for their growth but also for the overall development of the economy, fostering job creation and technological advancement.

In the current landscape, the financial services sector is taking center stage in Montenegro, reflecting a broader global trend where fintech solutions are rapidly gaining traction. The recent funding activities highlight the potential for startups in this sector to impact the market significantly, providing innovative services that cater to an increasingly tech-savvy population. With the raised capital, these startups are better positioned to scale their operations and enhance their offerings, thereby contributing to the region’s economic growth.

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

CompanyCityCountryRoundAmountDateIndustry
Alter ModusPodgoricaMontenegroSeries Unknown$11M2025-04-05Financial Services
CGESPodgoricaMontenegroSeries Unknown$1M2024-11-19Energy
CGESPodgoricaMontenegroSeries Unknown$30.3M2024-02-20Energy

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 startup in Montenegro raised funding this year (out of 2 tracked startups), totaling $11,000,000; the largest deal was Alter Modus at $11,000,000.

Q4. Which industries are trending among recently funded startups in Montenegro?
Financial Services is the dominant industry in Montenegro this year, accounting for the full $11,000,000 in reported funding (1 deal).

Q5. What’s the best way for investors to assess recently funded startups in Montenegro?
Evaluate funding size and lead investors, review product traction and revenue metrics, check team experience and customer references, request a pitch deck and financials, and use our premium plan to get direct introductions to founders or executives.

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