Fil Rouge Capital

Fil Rouge Capital is a prominent venture capital firm based in Croatia, dedicated to supporting early-stage startups across Central and Eastern Europe. The firm focuses on providing seed funding to innovative companies, aiming to foster growth and development in the region's entrepreneurial ecosystem. With a commitment to nurturing bold founders, Fil Rouge Capital has become one of the most active investors in the area, managing assets totaling approximately €93 million and having funded over 150 startups.

The firm's investment strategy encompasses a wide range of industries, including technology, healthcare, real estate, financial services, and consumer goods. Fil Rouge Capital is particularly interested in sectors such as SaaS, cloud services, AI, fintech, IoT, B2B/B2C, e-commerce, logistics, deep tech, and 5G. Their investment stages range from pre-seed to growth, with ticket sizes varying from €50,000 to €500,000, and a maximum allocation of €1.5 million per company, including follow-on investments. The firm has a strong presence in Croatia and has expanded its operations to Romania, opening an office in Bucharest in April 2025 to tap into the growing Romanian startup ecosystem.

Fil Rouge Capital's portfolio includes a diverse array of companies, such as Top Digital Agency (TDA), which became their first investment in 2019. TDA is a global marketplace connecting companies with digital agencies worldwide. Other notable investments include Entrio, a leading ticketing platform in Southeast Europe, and Game Boost, a gaming company. The firm's approach emphasizes collaboration with ambitious founders and investors who share their vision, aiming to create a favorable environment for the growth and development of the Croatian entrepreneurial ecosystem through support programs and investments in promising companies with innovative products or services.