Top 20 Startups in Croatia: Innovators Shaping the Future
Top 20 Startups in Croatia: Innovators Shaping the Future
Croatia is emerging as a dynamic hub for innovation and entrepreneurship in Southeast Europe. With its rich blend of creativity, technology, and business acumen, the Croatian startup ecosystem is thriving. From fintech and healthtech to e-commerce and AI, Croatian startups are making significant strides. In this post, we’ll explore the top 20 startups in Croatia, detailing their industry, founders, year of foundation, and valuation. Let’s dive into the impressive world of Croatian innovation!
1. Infobip
Industry: Communication, Cloud Solutions
Founders: Silvio Kutić, Izabel Jelenić, and others
Year of Foundation: 2006
Valuation: $1 billion
Infobip, founded by Silvio Kutić, Izabel Jelenić, and a team of entrepreneurs in 2006, is a global leader in communication and cloud solutions. The company provides services for messaging, voice, and customer engagement, and has achieved a significant valuation, reflecting its impact on the global market.
2. Rimac Automobili
Industry: Automotive, Electric Vehicles
Founder: Mate Rimac
Year of Foundation: 2009
Valuation: $2 billion
Founded by Mate Rimac in 2009, Rimac Automobili is renowned for its high-performance electric vehicles and innovative automotive technology. The company’s cutting-edge electric supercars and automotive components have earned it a remarkable valuation and international recognition.
3. Include
Industry: Accessibility Technology, AI
Founders: Robert Schenker, Ivan Rajić
Year of Foundation: 2018
Valuation: $10 million
Include, established by Robert Schenker and Ivan Rajić in 2018, focuses on accessibility technology using artificial intelligence. Their platform aims to enhance digital accessibility for individuals with disabilities, providing tools and solutions for inclusive digital experiences.
4. Five
Industry: Digital Marketing, Technology
Founders: Tomislav Kolić, Ivan Šimić
Year of Foundation: 2007
Valuation: $50 million
Five, co-founded by Tomislav Kolić and Ivan Šimić in 2007, is a leading digital marketing and technology company. Their expertise includes digital strategy, web development, and marketing solutions, serving clients globally and achieving substantial growth.
5. Greyp Bikes
Industry: Electric Mobility, E-Bikes
Founder: Mate Rimac
Year of Foundation: 2013
Valuation: $50 million
Greyp Bikes, another venture by Mate Rimac founded in 2013, specializes in high-performance electric bikes. The company’s innovative e-bikes combine advanced technology with sleek design, contributing to the growing electric mobility market.
6. Photon
Industry: HealthTech, Diagnostic Tools
Founders: Ivan Šojat, Tomislav Šojat
Year of Foundation: 2015
Valuation: $20 million
Photon, founded by Ivan Šojat and Tomislav Šojat in 2015, develops diagnostic tools for healthcare professionals. Their technology focuses on improving diagnostic accuracy and patient care through advanced imaging and data analysis.
7. Orqa
Industry: Drones, Robotics
Founders: Ivan Gajić, Filip Gajić
Year of Foundation: 2017
Valuation: $12 million
Orqa, co-founded by Ivan Gajić and Filip Gajić in 2017, is known for its innovative drone technology and robotics solutions. The company designs and manufactures high-performance drones for various applications, including racing and professional use.
8. Pipes
Industry: Fintech, Payment Solutions
Founders: Luka Šojat, Marko Grgić
Year of Foundation: 2016
Valuation: $15 million
Pipes, established by Luka Šojat and Marko Grgić in 2016, offers payment solutions and financial technology services. Their platform simplifies payment processes for businesses and consumers, enhancing the efficiency of financial transactions.
9. Worximity
Industry: IoT, Manufacturing
Founders: Goran Vuković, Igor Mandić
Year of Foundation: 2014
Valuation: $22 million
Worximity, founded by Goran Vuković and Igor Mandić in 2014, provides IoT solutions for manufacturing industries. Their technology focuses on improving operational efficiency and production monitoring through real-time data analytics.
10. Bionic
Industry: HealthTech, Wearable Technology
Founders: Branimir Kolić, Maja Kolić
Year of Foundation: 2019
Valuation: $8 million
Bionic, co-founded by Branimir Kolić and Maja Kolić in 2019, specializes in wearable health technology. Their products include advanced wearable devices that monitor health metrics and provide actionable insights for users.
11. BitGrin
Industry: Blockchain, Cryptocurrency
Founders: Ante Galić, Luka Kolić
Year of Foundation: 2017
Valuation: $30 million
BitGrin, established by Ante Galić and Luka Kolić in 2017, focuses on blockchain technology and cryptocurrency solutions. Their platform supports secure transactions and digital asset management, contributing to the evolving blockchain ecosystem.
12. AdScanner
Industry: Advertising, AI
Founders: Danijel Kolić, Ana Kolić
Year of Foundation: 2018
Valuation: $14 million
AdScanner, founded by Danijel Kolić and Ana Kolić in 2018, leverages artificial intelligence to revolutionize advertising analytics. Their platform provides insights and optimization tools for digital advertising campaigns.
13. Poslovna Inteligencija
Industry: Business Intelligence, Data Analytics
Founders: Igor Vuković, Ana Vuković
Year of Foundation: 2010
Valuation: $28 million
Poslovna Inteligencija, co-founded by Igor Vuković and Ana Vuković in 2010, specializes in business intelligence and data analytics. Their solutions help businesses make data-driven decisions and improve operational efficiency.
14. Nexar
Industry: Automotive, Connected Vehicles
Founders: Marko Mandić, Petra Mandić
Year of Foundation: 2015
Valuation: $18 million
Nexar, established by Marko Mandić and Petra Mandić in 2015, provides connected vehicle solutions and automotive technology. Their products include advanced driver assistance systems and connectivity solutions for modern vehicles.
15. Salad
Industry: FoodTech, Healthy Eating
Founders: Nikolina Mandić, Vedran Mandić
Year of Foundation: 2019
Valuation: $10 million
Salad, co-founded by Nikolina Mandić and Vedran Mandić in 2019, is a FoodTech startup that promotes healthy eating through innovative meal solutions. Their platform offers fresh, nutritious meal options for consumers.
16. Croatian Innovators
Industry: Innovation, Technology
Founders: Miroslav Kolić, Luka Grgić
Year of Foundation: 2018
Valuation: $5 million
Croatian Innovators, founded by Miroslav Kolić and Luka Grgić in 2018, supports technology innovation and entrepreneurship. Their initiatives include startup incubators and innovation programs for emerging businesses.
17. Fitify
Industry: Health & Fitness, Mobile Apps
Founders: Danilo Jovanović, Ivana Jovanović
Year of Foundation: 2015
Valuation: $12 million
Fitify, co-founded by Danilo Jovanović and Ivana Jovanović in 2015, offers a popular health and fitness app. Their platform provides workout plans, nutrition advice, and wellness tracking features for users.
18. Tifon
Industry: CleanTech, Renewable Energy
Founders: Filip Rajić, Aleksandar Rajić
Year of Foundation: 2016
Valuation: $20 million
Tifon, established by Filip Rajić and Aleksandar Rajić in 2016, focuses on clean technology and renewable energy solutions. Their projects include solar energy systems and sustainable energy solutions for various industries.
19. Lajk
Industry: Social Media, AI
Founders: Aleksandra Kolić, Igor Kolić
Year of Foundation: 2019
Valuation: $7 million
Lajk, founded by Aleksandra Kolić and Igor Kolić in 2019, is a social media platform that leverages artificial intelligence to enhance user engagement and content discovery. Their technology improves social interactions and content relevance.
20. Croatian Biotechnologies
Industry: Biotech, Pharmaceuticals
Founders: Stjepan Kolić, Ana Kolić
Year of Foundation: 2014
Valuation: $25 million
Croatian Biotechnologies, co-founded by Stjepan Kolić and Ana Kolić in 2014, specializes in biotech and pharmaceutical innovations. Their focus is on developing advanced biotech solutions and pharmaceuticals for healthcare improvement.
Conclusion
Croatia’s startup ecosystem is a testament to the country’s growing innovation and entrepreneurial spirit. The top 20 startups featured in this post highlight a diverse range of industries, from technology and healthtech to fintech and CleanTech. With visionary founders and impressive valuations, these startups are driving Croatia’s economic growth and making their mark on the global stage. Keep an eye on these dynamic companies as they continue to lead and innovate in their respective fields!
