South Central Ventures

South Central Ventures (SCV) is a prominent venture capital firm dedicated to fostering the growth of technology companies across the Western Balkans. Based in Belgrade, Serbia, SCV primarily targets early-stage, high-growth businesses, spanning Seed, Series A, and occasionally Series B rounds. The firm's strategic focus is on identifying and backing innovative startups with strong management teams that demonstrate significant potential for regional and global expansion. Their commitment extends to nurturing the burgeoning tech ecosystem in countries like Serbia, Croatia, Slovenia, and Bosnia & Herzegovina, among others.

SCV manages two primary funds, reflecting its increasing capacity and influence in the region. The first, the Enterprise Innovation Fund (ENIF), was established in 2015 with a capital commitment of €40 million. Building on this success, the firm launched the SCV Technology Fund II in 2020, which boasts a larger pool of €70 million. These funds enable South Central Ventures to provide substantial financial backing, with initial investments typically ranging from €250,000 to €3 million. This flexible approach allows them to support companies at various critical junctures in their early development.

Beyond initial capital, South Central Ventures is known for its ability to provide significant follow-on investments, potentially committing up to €5 million per company over multiple funding rounds. Their investment thesis is broad yet focused, encompassing sectors such as SaaS, AI, fintech, deep tech, e-commerce, gaming, and health tech. SCV prides itself on being more than just a capital provider; they actively engage with their portfolio companies, offering strategic guidance, operational support, and access to their extensive network, all aimed at accelerating market penetration and achieving sustainable growth.