South Central Ventures

South Central Ventures, established in 2015, is a venture capital firm headquartered in Zagreb, Croatia, with additional offices in Belgrade, Serbia; Ljubljana, Slovenia; and Skopje, Macedonia. The firm specializes in direct investments in early-stage technology companies, focusing on sectors such as Information and Communications Technology (ICT), SaaS, HealthTech, FinTech, and digital media. It primarily invests in the Balkans, with a typical investment size ranging from €0.1 million to €3 million per company, aiming for a stake between 25% and 49%. South Central Ventures has invested in approximately 40 early-stage tech companies, playing a significant role in the regional start-up ecosystem.

Vedran Blagus

Principal

Vuk Djukić

Principal

Milos Kujovic

Senior Associate

Tatjana Zabasu Mikuz

Managing Partner

Jure Mikuž

Managing Partner

Eli Zhabevska

Principal

Ljudevit Stantic

Associate

Goran Stevanovic

Partner

Past deals in Serbia

Agremo

Seed Round in 2022
Agremo Ltd. is a technology company based in Belgrade, Serbia, specializing in a cloud-based software platform tailored for agricultural applications. Established in 2015, the platform utilizes aerial imagery and advanced technologies such as artificial intelligence, computer vision, and machine learning to provide detailed crop intelligence. Agremo's solution enables users, including agribusinesses, crop growers, and agronomists, to conduct comprehensive analyses of plant health, monitor field conditions, and assess various agricultural factors such as plant stress, diseases, pests, and water needs. The platform generates 2D maps and reports that facilitate effective management of agricultural processes throughout the growing season, making it a valuable tool for optimizing crop production and sustainability across diverse plant species.

Agremo

Seed Round in 2018
Agremo Ltd. is a technology company based in Belgrade, Serbia, specializing in a cloud-based software platform tailored for agricultural applications. Established in 2015, the platform utilizes aerial imagery and advanced technologies such as artificial intelligence, computer vision, and machine learning to provide detailed crop intelligence. Agremo's solution enables users, including agribusinesses, crop growers, and agronomists, to conduct comprehensive analyses of plant health, monitor field conditions, and assess various agricultural factors such as plant stress, diseases, pests, and water needs. The platform generates 2D maps and reports that facilitate effective management of agricultural processes throughout the growing season, making it a valuable tool for optimizing crop production and sustainability across diverse plant species.

City Expert

Seed Round in 2017
City Expert Global is a Serbian startup founded in 2015 by Darko Luković, Stefan Stojanović, and Igor Jović, based in Belgrade. The company operates an online real estate agency that aims to simplify the process of buying and renting properties. By leveraging new technologies, City Expert Global seeks to redefine the real estate sector, focusing on enhancing advertising and agency standards. Its digital marketplace allows users to efficiently list and discover properties for sale, while also providing comprehensive information related to real estate transactions. Through digitization, City Expert Global streamlines the purchasing and renting process, making it more accessible for buyers and property owners alike.

City Expert

Seed Round in 2016
City Expert Global is a Serbian startup founded in 2015 by Darko Luković, Stefan Stojanović, and Igor Jović, based in Belgrade. The company operates an online real estate agency that aims to simplify the process of buying and renting properties. By leveraging new technologies, City Expert Global seeks to redefine the real estate sector, focusing on enhancing advertising and agency standards. Its digital marketplace allows users to efficiently list and discover properties for sale, while also providing comprehensive information related to real estate transactions. Through digitization, City Expert Global streamlines the purchasing and renting process, making it more accessible for buyers and property owners alike.
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