Serbia's business environment features a strong mix of technology and energy companies. The ecosystem includes both recently founded startups and long standing industrial firms.

Blockchain developer platform Tenderly leads with $58.6M in total funding. Other key areas include e-commerce advertising and smart energy management.

Below is our list of 48 Serbia startups worth keeping an eye on.

Failory's Top 7 Picks

Tenderly offers a comprehensive Ethereum developer platform for building, testing, and monitoring blockchain applications from start to finish. The toolset is designed to give engineering teams a seamless workflow for debugging smart contracts and simulating transactions before they go live.

HeadquartersBelgrade, Vojvodina, Serbia
Year Founded2018
FoundersAndrej Bencic, Bogdan Habic, Miljan Tekic, Nebojsa Urosevic
Funding Amount$58.6M
Startup SizeMid-Size Team (51-250)
Last Funding StatusSeries B
Top InvestorsAccel, Coinbase Ventures, Spark Capital, Abstract, Point Nine

Hunch builds a creative automation platform for e-commerce companies to produce thousands of dynamic video and image ads. Their technology helps performance marketers launch personalized campaigns on social media platforms like Meta, TikTok, and Snap.

HeadquartersBelgrade, Vojvodina, Serbia
Year Founded2016
FoundersIgor Simovic, Sinisa Rakovic
Funding Amount$9.6M
Startup SizeMid-Size Team (51-250)
Last Funding StatusVenture Round
Top InvestorsNorth Base Media, 3TS Capital Partners, SeedBlink, South Central Ventures, Catalyst Romania

Meter and Control builds smart energy management solutions that combine both hardware and software. Their systems help utilities, manufacturers, and cities monitor and optimize energy consumption.

HeadquartersBelgrade, Vojvodina, Serbia
Year Founded2008
Founders
Funding Amount€9.1M
Startup SizeLean Team (11-50)
Last Funding StatusDebt Financing
Top InvestorsEuropean Bank for Reconstruction and Development, Enterprise Expansion Fund

Beebop created an operating system designed for the modern energy system. The platform gives power grid operators the tools to manage renewable sources and improve overall grid stability.

HeadquartersBelgrade, Vojvodina, Serbia
Year Founded2023
Founders
Funding Amount$5.5M
Startup SizeLean Team (11-50)
Last Funding StatusSeed
Top InvestorsAngular Ventures, Contrarian Ventures, Nexenai Capital

Quantox Technology builds custom digital products, operating as a full-cycle development partner for web and mobile applications. They provide dedicated teams of experts and IT consulting services to help businesses bring their ideas to life.

HeadquartersBelgrade, Vojvodina, Serbia
Year Founded2006
FoundersVuk Popovic
Funding Amount€20M
Startup SizeMid-Size Team (51-250)
Last Funding StatusVenture Round
Top InvestorsSandberg Capital

Blinking offers a blockchain-based digital identity solution that gives users complete control over their personal data. Their platform uses biometrics for secure verification, allowing individuals to manage their identity privately across various services.

HeadquartersBelgrade, Vojvodina, Serbia
Year Founded2017
FoundersAlex Migitko, Miloš Milovanović, Miroslav Minović, Uroš Šošević
Funding Amount€2.3M
Startup SizeLean Team (11-50)
Last Funding StatusSeed
Top InvestorsDIFC FinTech Hive

Collabwriting develops a browser extension that allows teams to collaborate on web content directly on the page. The tool helps centralize research and feedback by enabling users to share, comment, and highlight information for content creation.

HeadquartersBelgrade, Vojvodina, Serbia
Year Founded2021
FoundersIvan Ralic, Sandra Idjoski
Funding Amount€1.1M
Startup SizeFounding Team (1-10)
Last Funding StatusSeed
Top InvestorsStartup Wise Guys, Credo Ventures, Underline Ventures, SMOK Ventures, Fiedler Capital

41 Additional Serbia Startups Worth Following

The top 7 are just a small slice of what’s happening in Serbia, where founders are building companies in everything from AgTech to AI. Together, the companies on this list have raised over a billion euros, a sign of strong investor confidence in the region.

Some of these companies are well established, while others are just getting started on their journey. Here’s a look at the other startups that are shaping Serbia's growing ecosystem.

StartupIndustryYear FoundedAmount RaisedLast Funding Round
SMATSA logo SMATSAMobility1954€45MDebt Financing
Agremo logo AgremoAgTech2015$1.3MSeed
Drenik ND logo Drenik NDRetail1995€106MDebt Financing
UniCredit Bank Serbia logo UniCredit Bank SerbiaFintech2001€5MDebt Financing
ProCredit Bank Belgrade logo ProCredit Bank BelgradeFintech2001RSD1.4BDebt Financing
Telekom Srbija logo Telekom SrbijaInfrastructure1997€831MDebt Financing
Superchain Network logo Superchain NetworkDesign$5.3MSeed
Baby Food Factory logo Baby Food FactoryOther2016€24MDebt Financing
Reputeo logo ReputeoAnalytics2022€750kSeed
KOKODI logo KOKODICrypto2022$1.1MSeed
Bizzllet logo BizzlletCrypto2022€700kPre-Seed
Srbija Kargo logo Srbija KargoOther2015€15MDebt Financing
NeuroBlast logo NeuroBlastHealthcare2021€600k
Alt Labs logo Alt LabsCloud2021$1MGrant
UrbiGrow logo UrbiGrowHardware2018$727.1kGrant
Videobolt logo VideoboltSaaS2016€500k
MobileGo logo MobileGoMarketing2016$53MSeed
Padelytics logo PadelyticsAI2025€130kPre-Seed
Strawberry energy logo Strawberry energyHardware2011$661.4kEquity Crowdfunding
Baby Boo logo Baby BooRetail2021€1.1MSeed
Valuator logo ValuatorAnalytics2021€76.6kGrant
CENTOS3D logo CENTOS3DMedia2020$3MSeed
Silbo logo SilboFood€9MDebt Financing
Joberty logo JobertyEducation2019$350kPre-Seed
moveo logo moveoMedia2019€345kAngel
Curious Sparrow logo Curious SparrowMedia2019€100kGrant
Chainspot logo ChainspotCrypto2022$175kSeed
Benefiti logo BenefitiMedia2019€380kSeed
City Expert logo City ExpertReal Estate2015€1.5MSeed
CUBE Team logo CUBE TeamSaaS2012€1MSeries A
AVR Solar logo AVR SolarEnergy€600.3kInitial Coin Offering
Bitebell logo BitebellSaaS2020€130kPre-Seed
QUASA logo QUASAInfrastructure2017$196.9kUndisclosed
Klik Super App logo Klik Super AppFintech2020€600kConvertible Note
YoloBook logo YoloBookRetail2017€245kSeed
One Assessment logo One AssessmentAnalytics2019€50kSeed
Planet Bike logo Planet BikeManufacturing2000RSD230MDebt Financing
Buildcon logo BuildconManufacturing2015$125kSeed
DivHunt logo DivHuntSaaS2019$15kPre-Seed
Colsia logo ColsiaHardware€75kGrant
Hotspoter logo HotspoterAI2018€15kPre-Seed