Funded Startups in Serbia
Among the 12 most recent funded entries in Serbia, the largest disclosed round is Raiffeisen UA’s $58M debt financing on 2022-10-07; it dwarfs the next-lar…
Among the 12 most recent funded entries in Serbia, the largest disclosed round is Raiffeisen UA’s $58M debt financing on 2022-10-07; it dwarfs the next-largest disclosed amount (Erste Bank ad Novi Sad’s $15M on 2022-10-18) and is far above all seed/pre-seed disclosures (e.g., Trickest $2M on 2021-08-13; HULI d.o.o. $210K on 2023-04-05). The disclosures are also time-clustered: four rounds fall between 2024-04-18 (Collabwriting, $1M) and 2024-12-04 (Silbo, $9M), with three additional entries landing in late 2024 (2024-11-11 Baby Boo $530K; 2024-11-18 KOKODI $1M; 2024-12-01 Uspon undisclosed).
Geographically, the list is dominated by Belgrade-based companies (Silbo, KOKODI, Baby Boo, Homation, HULI d.o.o., Raiffeisen UA, Joberty, Trickest), while sector concentration is visible in Information Technology (Collabwriting $1M on 2024-04-18; Beehold undisclosed on 2023-08-23; Trickest $2M on 2021-08-13) and Financial Services (Erste Bank ad Novi Sad $15M on 2022-10-18; Raiffeisen UA $58M on 2022-10-07). Stages are heavily weighted toward early labels: four entries are marked Seed (KOKODI, Baby Boo, HULI d.o.o., Trickest) and two are Pre-Seed (Homation, Joberty), while three entries carry “undisclosed/Series Unknown” amounts or classifications (Uspon undisclosed; Beehold undisclosed; Silbo/Uspon/ Beehold carry “Series Unknown” as applicable).
Most recent rounds
12 shownRelated listings
Frequently asked
What stands out most in recent disclosed funding size across these Serbia entries?
Raiffeisen UA’s $58M debt financing on 2022-10-07 is the clear outlier: the next-largest disclosed amount is $15M (Erste Bank ad Novi Sad on 2022-10-18), while the largest disclosed non-debt figures stay well below that (e.g., Silbo $9M on 2024-12-04; Trickest $2M on 2021-08-13).
Do the most recent rounds cluster into a narrow time window?
Yes. Four of the 12 shown entries land in 2024 from 2024-04-18 (Collabwriting $1M) to 2024-12-04 (Silbo $9M), and three more are in late 2024 (Baby Boo $530K on 2024-11-11; KOKODI $1M on 2024-11-18; Uspon undisclosed on 2024-12-01).
Which cities appear most, and is there a center of gravity?
Belgrade is the dominant location, appearing across multiple sectors and stages (e.g., Silbo and KOKODI in Belgrade, HULI d.o.o. Seed at $210K on 2023-04-05, and Trickest Seed at $2M on 2021-08-13). Novi Sad appears specifically with Erste Bank ad Novi Sad’s $15M debt financing on 2022-10-18, while Nis shows up with Beehold (undisclosed) in 2023-08-23.
How skewed is the list toward early-stage rounds versus later categories?
Early-stage labels dominate: Seed appears 4 times (KOKODI $1M on 2024-11-18; Baby Boo $530K on 2024-11-11; HULI d.o.o. $210K on 2023-04-05; Trickest $2M on 2021-08-13) and Pre-Seed appears 2 times (Homation undisclosed on 2023-08-01; Joberty $400K on 2021-09-23). Financial Services is represented by two Debt Financing rounds (Erste Bank ad Novi Sad $15M on 2022-10-18 and Raiffeisen UA $58M on 2022-10-07).
Are there funding-size outliers on the low end or with undisclosed amounts?
On the low end among disclosed amounts, HULI d.o.o.’s $210K (Seed) on 2023-04-05 is the smallest disclosed figure shown; undisclosed amounts also appear three times as entries are labeled “undisclosed” (Uspon on 2024-12-01; Beehold on 2023-08-23), which affects comparisons against the disclosed range.
Do any sectors repeat enough to suggest a pattern in this slice of Serbia?
Information Technology appears in 3 entries (Collabwriting $1M on 2024-04-18; Beehold undisclosed on 2023-08-23; Trickest $2M on 2021-08-13), and Financial Services appears in 2 (Erste Bank ad Novi Sad $15M on 2022-10-18; Raiffeisen UA $58M on 2022-10-07). Other sectors are singletons in this 12-row view (e.g., Blockchain and Cryptocurrency for KOKODI $1M on 2024-11-18; AI for HULI d.o.o. $210K on 2023-04-05).
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