5QV, a new VC capitalising on the untapped potential in the Adriatic Region.
, an Adriatic-based VC fund, is positioning itself at the forefront of a potential tech revolution in the region formerly part of Yugoslavia, now referred to by various names, such as the Western Balkans . With a sharp eye for deep tech talent and a strategy that bridges Eastern European innovation with Western markets, 5QV isn't just investing in startups—it's catalysing an entire ecosystem.
5QV's hands-on approach is evident across the portfolio. For instance, with Cosmic Buildings, the fund has been instrumental in securing additional funding, facilitating the setup of a US demo site, and bringing in some of the first customers. Similarly, for Better&Better, 5QV has supported the company's expansion into new product lines and distribution channels.The fund's focus on deep tech is particularly evident in investments like Taalas and Wasp.
"We're not just building companies; we're laying the groundwork for a thriving tech ecosystem," Pedja emphasises."Our vision is to see the Adriatic Region become a recognized hub for deep tech innovation, attracting global talent and capital."Despite the optimism, 5QV and the broader Western Balkan tech scene face significant challenges. The region's political and economic landscape can be complex, potentially deterring some international investors.
Artificial Intelligence and Machine Learning: Leveraging the region's strong mathematics and computer science education.Manufacturing 5.0 - including Clean Tech and Sustainable Solutions: Addressing global challenges with innovative approaches.
5QV Fifth Quarter Ventures VC Western Balkans Tiho Bajic Marko Mijatovic Pedja Predin
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