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Fund profile

South Central Ventures

South Central Ventures

Zagreb, Croatia

Leading

About

South Central Ventures (SCV) is the leading early-stage venture capital firm focused on the Western Balkans and Southeast Europe, founded in 2015 with offices in Ljubljana, Zagreb, Belgrade, and Skopje. The firm's mandate is to serve as the first institutional investor in regional B2B technology startups, helping founders attract international co-investors and scale into global markets. SCV leads rounds with initial tickets starting at 500,000 euros and growing to 5 million euros over a company's lifetime. Managing Partner Tatjana Zabasu Mikuz leads the team alongside Partner Goran Stevanovic, who brings more than 20 years in software. SCV manages two funds: the 40 million euro Enterprise Innovation Fund (ENIF), backed by the European Investment Fund, which deploys up to 3 million euros per company; and the new 70 million euro SCV Technology Fund III announced in 2024, with LPs including the European Investment Fund, EBRD, Zavarovalnica Triglav, Slovenian logistics group BTC, and various institutional and individual investors. Across its history SCV has backed 63 companies, with 38 currently active in portfolio and 10 exits including Orgnostic, Rubik, and SplxAI, which was acquired in November 2025. The portfolio spans enterprise SaaS, AI, fintech, adtech, and agritech. Notable 2024 deals include Leanpay's 10 million euro Series B in July 2024 and SplxAI's $2 million round in September 2024. The most recent disclosed investment is Katalist, an AI platform for professional video production, which closed a $1.5 million seed led by SCV in December 2025. SCV's thesis rests on the conviction that the Western Balkans -- with strong engineering talent, competitive operating costs, and EU accession momentum -- produces globally competitive B2B software companies that are systematically undervalued by international investors.

Details

Average check

$500K-$1M
$1M-$3M
$3M-$10M

Round

Pre-seed
Seed
Series A

Previous Investments

Advertising & MarketingAgritech & FarmingAI & Deep TechB2BFintech & Financial servicesSaaSSecurity & PrivacySoftware & Apps

Geo focus

Europe specific

Highlights

$5M

Historical max check

December 2025

Last investment date

63

Investments

SaaS

AI & Deep Tech

Fintech & Financial services

Advertising & Marketing

Agritech & Farming

Software & Apps

Security & Privacy

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Website

sc-ventures.com

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