Fundraising Fox

Vesna Advisors

Venture capital

Luxembourg · Pre-Seed–Series A · 6 people tracked

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Investment thesis

Vesna invests in breakthrough deep technologies emerging from public or private R&D institutions in Slovenia and Croatia, targeting companies at technology readiness level 3 or higher. It accesses cutting-edge research through partnerships with academic institutions and helps commercialize it into scalable startups using hands-on startup expertise and full investment lifecycle support. The fund focuses on three ESG-aligned sectors: Climate & Environment Tech, Advanced Materials & Enabling Tech, and Artificial Intelligence & ICT. Portfolio companies must originate from (or hold IP transfer agreements with) Slovenian or Croatian institutions and maintain their main operations there. Vesna offers small commercialization tickets alongside larger seed and early-stage investments, often with co-investors and follow-on rounds.

Source: firm website, verified Aug 7, 2026.

Stage
Pre-Seed–Series A
Check
$200K – $700K
HQ
Luxembourg, LU
Leads rounds
Leads
Instruments
Equity
Founded
2024
AUM
$50M
Tracked investments
39

Team · 6 people

from the firm's website

What they invest in

from 27 of 39 portfolio companies

AI & Machine Learning ×14Digital Health ×10Biotech ×5Medical Devices ×5Deep Tech ×4SaaS ×3Circular Economy ×2Cybersecurity ×2

HQs:Croatia×5Slovenia×2United States×2

Investments · 39 tracked

founders shown can be your intro path
Ainativeainative.hrin

AINATIVE builds autonomous intelligence software for fraud detection and risk decisioning, aimed at regulated institutions in banking and payments, insurance, and telecommunications.

AI & Machine LearningCybersecurityFintech

Atomqlatomql.comin

AtomQL develops technology for assembling defect-free arrays of cold neutral atoms to build scalable, fault-tolerant quantum computers.

Deep TechHardwareQuantum Computing

Cobisscobiss.netin𝕏

COBISS operates a shared bibliographic and library information system connecting networks of libraries across several Southeast European countries.

Data & InfrastructureSaaS

Croriscroris.hr
deaLex
Deltasortdeltasort.tech

DELTAsort makes a retrofittable robotic sorting station built around a high-speed delta robot and AI classification models that detect and extract recyclable materials such as clear PET, colored PET, and aluminum cans from household plastic waste.

AI & Machine LearningCircular EconomyRobotics

Elucida DG
Emhanceemhance.coin

EMHANCE is an early-stage medical device startup developing a portable, non-invasive neurostimulation system that delivers low-frequency pulsed electromagnetic fields to the brain, using integrated sensors and an AI-driven feedback loop to adapt stimulation to the individual.

AI & Machine LearningDigital HealthMedical Devices

Filip Slatković(Co-founder (Medical Device Engineer))Jasmina Isaković(Co-founder & CEO)Dinko Mitrečić(Co-founder)

EndoViaendovia.euin

EndoVia develops a precision oncology platform that combines experimental biology with computational modeling to match cannabinoid-based cancer treatments to individual patients.

AI & Machine LearningBiotechDigital Health

Ex Seedex-seed.euin
FlexiOscar
Flyupbioflyupbio.comin

FlyUP Bio develops black soldier fly (Hermetia illucens) farming technology to convert food-industry and agricultural by-products and biowaste into animal-feed proteins, lipids, and organic fertilizer (frass).

AgTechBiotechCircular EconomyZagreb, HR

Fsbfsb.hr

Faculty of Mechanical Engineering and Naval Architecture (Fakultet strojarstva i brodogradnje) of the University of Zagreb, offering undergraduate, graduate, and doctoral programs and conducting research in mechanical engineering, naval architecture, and aeronautics.

EdTechZagreb, HR

GeNNio
Gepgep.energyin

Enpulse is an AI-powered energy management system for electricity metering, monitoring, and control aimed at improving energy efficiency for homes and SMEs.

AI & Machine LearningCleantechEnergyZagreb, HR

GLYCANAGE Biological age testingglycanage.comin

GlycanAge offers an at-home biological age test that analyzes IgG glycan patterns to measure chronic inflammation ("inflammaging") and its effect on aging.

BiotechDigital HealthLongevity

Co-investorsExceptional VenturesImpetus CapitalSouth Central VenturesVelocity DigitalLAUNCHub Ventures

Grashkagrashka.co
Green Gut Goodies

R&D partner: Biotechnical faculty Ljubljana

Holonetholonet.world

Holonet Creator is a browser-based web platform for creating and sharing immersive 3D experiences, using generative AI, Gaussian Splatting, and other AI modules to build virtual worlds from prompts or digital twins from scans.

AI & Machine LearningCreator EconomyGaming

Darian ŠkaricaVedran Škarica

Legitlegit.euin

Legit provides a Data Privacy Management (DPM) product that discovers where sensitive and personal data resides across an organization's environment to support risk management, regulatory compliance, audit readiness, and cybersecurity.

CybersecurityData & InfrastructureEnterprise Software

Medaibravomedaibravo.comin

BravoView offers a DICOM viewer paired with an AI-driven Lumbar Spine Analyzer that automates labeling, measurements, and pathology detection for lumbar spine MRI, helping radiologists read studies faster.

AI & Machine LearningDigital HealthMedical Devices

Mediguidemediguide.eu

MediGuide develops 3D bioprinted soft-tissue models and VR/AR simulations built from diagnostic images to support surgeons with preoperative planning and surgery rehearsal.

AI & Machine LearningDigital HealthMedical DevicesLjubljana, SI

Megimegi.aiin

Megi is an AI platform that predicts preeclampsia risk during pregnancy before symptoms appear and monitors blood pressure and vital signs through postpartum into long-term cardiovascular care for women.

AI & Machine LearningDigital HealthFemTech

Metabellymetabelly.comin

Metabelly focuses on gut health and digestion, translating scientific research about the microbiome into practical guidance for consumers dealing with everyday health challenges.

ConsumerDigital HealthWellness & Fitness

Mewerymewery.ioin

Mewery is a foodtech venture developing cultivated meat with the stated aims of helping animals and the planet and changing how meat is produced and consumed.

BiotechClimate TechFoodTech

Roman Lauš(Founder)

Co-investorsBig Idea VenturesCredo Ventures

Motion4Longevitymotion4longevity.si

3D Kinetics offers a smartphone-based movement analysis application that uses AI and kinesiological algorithms to assess physical performance, detect imbalances, and predict or prevent injuries.

AI & Machine LearningDigital HealthSports Tech

Mycolmycol.siin

MyCol d.o.o. develops smart labels made with temperature-sensitive chromogenic materials that change color when a specific temperature is exceeded, detectable by eye or video camera without a power supply or IT network.

Deep TechLogistics & Supply ChainNew MaterialsLjubljana, SI

Karin Žvokelj(Acting Director)

Neurofeedbackneurofeedback.hr
Oskyin𝕏

Bitly provides a unified platform for URL shortening, QR code generation, and landing page creation with advanced analytics and tracking capabilities.

FintechMarketing TechSaaSBrooklyn, US

Co-investorsASEBAt One VenturesAUGE-UCRBerkley Center for EntrepreneurshipBethnal Green VenturesBioHealth Innovation, Inc.+21 more

P3Therapeuticsp3therapeutics.eu

P3 Therapeutics is developing a new class of anti-inflammatory small chemical molecules and works with partners on a humanized gut-entheseal organ-on-chip platform to study their mechanism of action, pharmacokinetics, pharmacodynamics, and biomarkers.

BiotechDeep TechHealthtech

Pharmapharma.hrin

The Faculty of Pharmacy and Biochemistry offers pharmacy and biochemistry degree programs, including a Pharmacy programme in English aligned with EU Directive 2005/36/EC for EU/EEA registration.

EdTech

Pvrmedpvrmed.comin

PVRMED develops the PVR System, a medical therapy aimed at treating diabetic foot conditions including diabetic foot ulcers, diabetic neuropathy (DSPN), and peripheral artery disease.

Digital HealthHealthtechMedical Devices

Skailabsskailabs.com

SKAI LABS develops artificial intelligence software for optimizing air traffic management and airspace utilization, serving airlines and aviation systems.

AI & Machine LearningDeep TechMobility & Transportation

Specallyspecally.ai

Specally develops AI software that enhances existing diagnostic tools like dermoscopes, reconstructing hyperspectral data from standard dermoscopy images to detect skin cancer and other skin conditions.

AI & Machine LearningDigital HealthMedical Devices

Dr. Tadej Tomanič(Medical Physicist)inČrt Keber(Medical Physicist)inDr. Tim Božič(Experimental Oncologist)

Strivesstrives.aiin𝕏

Strives AI is a software tool that helps startup founders and lean teams define their Ideal Customer Profile, profile competitors, run CAC/LTV and pricing simulations, and generate go-to-market plans.

AI & Machine LearningSaaSSales Tech

Tofant

R&D partner: Faculty of Medicine Maribor

VaMa
Vasculense
Workflowaiworkflowai.hrin

Workflow AI turns conversations, videos and existing documents into structured work instructions, SOPs and training guides, and delivers step-by-step guidance and instant answers to workers via phone and headset with live translation across 50+ languages.

AI & Machine LearningFuture of WorkHR Tech

Frequently asked questions

How many investments has Vesna Advisors made?
Vesna Advisors has 39 tracked investments.
What stage does Vesna Advisors invest at?
Vesna Advisors invests at the Pre-Seed, Seed, Series A stages.
What is Vesna Advisors's typical check size?
Vesna Advisors typically writes checks of $200K – $700K.
What sectors does Vesna Advisors focus on?
Vesna Advisors focuses on Advanced Manufacturing, AgTech, AI & Machine Learning, Biotech, Circular Economy, Cleantech, Climate Tech, Cybersecurity, Data & Infrastructure, Deep Tech, Defense Tech, Energy, Fintech, FoodTech, Healthtech, IoT, Media & Entertainment, Mobility & Transportation, New Materials, Quantum Computing, Robotics, Semiconductors, Space Tech.
Where is Vesna Advisors located?
Vesna Advisors is headquartered in Luxembourg, LU.
Does Vesna Advisors lead rounds?
Yes, Vesna Advisors leads investment rounds.
Who does Vesna Advisors co-invest with?
Vesna Advisors most often shares deals with At One Ventures, Designer Fund, EchoVC Partners, among 31 tracked co-investors.

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