Fund profile / Croatia

LAUNCHub Ventures Fund III

Geography: Croatia
Stage: Pre-Seed
Fund size: 65M
Focus
Signals: Published

N°01 / About

About LAUNCHub Ventures Fund III

Generalist pre-seed and seed investing, with recent first checks skewing toward AI-native products Geography: Central and Eastern Europe and Southeast Europe, including Bulgaria, Romania, Croatia, Greece, Hungary, Slovenia, Serbia, and the Western Balkans, plus the regional diaspora.

N°02 / Thesis

Investment Focus

Location / RegionCroatia

Funding StagePre-Seed

Industry Focus

Investor Signals Profile

active

Sweet Spot

CEE/SEE pre-seed or seed founder seeking lead investor

pre-seed/seed

CEE & SEE

diaspora founders

lead checks

follow-on to Series A

Bullish Signals

Fund III first close €65M of €75M+external

75% pre-seed investments raise follow-onexternal

18 exits across ~100 portfolio companiesexternal

Already led 3 deals: Nanogram, Lenz, 1clubexternal

Team expanded with new GPs & partnersexternal

Contrarian Signals

Geo-restricted: CEE/SEE founders onlyexternal

Small checks; max €3M first ticketexternal

Founder Do's

Be from Central/SE Europe or diaspora

Raise pre-seed or seed round

Expect €300K–3M first check

Welcome lead/co-lead up to €7M rounds

Plan for Series A follow-on support

Founder Don'ts

Don't pitch if outside CEE/SEE/diaspora

Don't expect late-stage checks

Don't pitch if already beyond seed

24 signals on LAUNCHub Ventures Fund III

5 bullish · 2 contrarian · 5 pitch do's · 3 don'ts · 9 GP profiles, each with its source. From €9/month, cancel anytime.

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Facts

Fund Overview

Fund Size65M

Saves0

Website

People

Key People

Todor BreshkovGeneral Partner

Stanislav SirakovGeneral Partner

Rumen IlievGeneral Partner

Irina DimitrovaGeneral Partner

Raya YunakovaGeneral Partner

Petar TsachevGeneral Partner

Lyuben BelovVenture Partner

Stephane GantchevVenture Partner

Vedran B.Associate Partner

Backers

Known LPs

European Investment Fund (EIF)Fund-of-Funds

IFC (International Finance Corporation)Public / State institution

European Bank for Reconstruction and Development (EBRD)Public / State institution

+3 more LPs in LP Radar

N°04 / See also

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