Belgrade's startup ecosystem shows a mix of industries, from blockchain technology to energy management. The city is a base for both recently founded companies and long-standing industry leaders.
Leading the pack in venture funding is Tenderly, a Web3 developer platform with $58.6M raised. Other notable companies are building tools for e-commerce, smart grids, and digital banking.
Below is our list of 51 Belgrade startups worth keeping an eye on.
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Get the Sheet for $50Tenderly builds a comprehensive development platform for engineers working with Ethereum and other EVM-compatible blockchains. Their all-in-one toolset allows developers to simulate transactions, debug code, and monitor smart contracts from a single interface.
| Year Founded | 2018 |
| Founders | Andrej Bencic, Bogdan Habic, Miljan Tekic, Nebojsa Urosevic |
| Funding Amount | $58.6M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series B |
| Top Investors | Accel, Coinbase Ventures, Spark Capital, Abstract, Point Nine |
Hunch provides a creative automation platform for e-commerce companies to scale their social media advertising. The platform uses product data to automatically generate thousands of dynamic video and image ads, helping brands deliver more personalized campaigns.
| Year Founded | 2016 |
| Founders | Igor Simovic, Sinisa Rakovic |
| Funding Amount | $9.6M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Venture Round |
| Top Investors | North Base Media, 3TS Capital Partners, SeedBlink, South Central Ventures, Catalyst Romania |
Meter and Control provides complete smart metering solutions for electricity, water, and gas utilities. The company's technology is used to build advanced infrastructure for smart cities and industrial energy management.
| Year Founded | 2008 |
| Founders | — |
| Funding Amount | €9.1M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Debt Financing |
| Top Investors | European Bank for Reconstruction and Development, Enterprise Expansion Fund |
Beebop builds an AI copilot platform that helps power grid operators make faster, more accurate decisions. The software uses real-time monitoring and predictive analytics to help ensure a stable and efficient energy supply.
| Year Founded | 2023 |
| Founders | — |
| Funding Amount | $5.5M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Seed |
| Top Investors | Angular Ventures, Contrarian Ventures, Nexenai Capital |
Quantox Technology provides end-to-end software development, building custom web and mobile applications for a diverse client base. Their teams guide projects from initial concept and design through to deployment and ongoing cloud infrastructure management.
| Year Founded | 2006 |
| Founders | Vuk Popovic |
| Funding Amount | €20M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Venture Round |
| Top Investors | Sandberg Capital |
Blinking builds a digital identity solution on the blockchain, putting users back in control of their personal information. Their platform uses biometrics for secure identity verification, helping businesses manage user data with enhanced privacy.
| Year Founded | 2017 |
| Founders | Alex Migitko, Miloš Milovanović, Miroslav Minović, Uroš Šošević |
| Funding Amount | €2.3M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Seed |
| Top Investors | DIFC FinTech Hive |
Collabwriting develops a browser extension that allows teams to share, comment, and collaborate on content directly on any webpage. Their tool helps centralize research and streamline content creation by keeping all notes and discussions in one place.
| Year Founded | 2021 |
| Founders | Ivan Ralic, Sandra Idjoski |
| Funding Amount | €1.1M |
| Startup Size | Founding Team (1-10) |
| Last Funding Status | Seed |
| Top Investors | Startup Wise Guys, Credo Ventures, Underline Ventures, SMOK Ventures, Fiedler Capital |
Elektroprivreda Srbije produces, supplies, and trades electricity as the largest energy company in Serbia. They manage the country's complete power supply chain, from generation and distribution to the national grid.
| Year Founded | 1991 |
| Founders | — |
| Funding Amount | €300M |
| Startup Size | Enterprise Organization (5,001+) |
| Last Funding Status | Debt Financing |
| Top Investors | European Bank for Reconstruction and Development |
AIK Banka offers a suite of financial products for both individuals and businesses, from personal loans to corporate accounts. With a focus on digital transformation, the bank provides modern mobile and electronic banking services to its clients.
| Year Founded | 1976 |
| Founders | — |
| Funding Amount | €40M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Debt Financing |
| Top Investors | Green for Growth Fund |
NLB Komercijalna Banka provides digital banking for personal and business clients through its NLB eKlik and NLB eBizKlik platforms. These services complement their traditional offerings in lending and financial services.
| Year Founded | 1970 |
| Founders | — |
| Funding Amount | €35M |
| Startup Size | Major Organization (1,001-5,000) |
| Last Funding Status | Debt Financing |
| Top Investors | European Bank for Reconstruction and Development, EBRD (Türkiye) |
41 Additional Belgrade Startups Worth Following
The top 10 are just a small part of the story in Belgrade. Founders are building everything from new fintech and SaaS tools to hardware and media companies, showing the city's diverse talent.
You'll find companies at every stage, from brand new ideas just getting started to established players raising major funding. Here is a look at the other companies that make Belgrade's startup scene one to watch.