Financed projects
On these pages, innovative projects funded by the Innovation Fund were presented.
Learn moreCompany: Seemagination
Project name: See For Yourself
Town: Belgrade
Industry: ICT 114,285
Project value: EUR
IF participation: EUR 80,000
Young company Seemagination is developing an intuitive augmented reality mobile application for companies that produce paints and wallpapers that want to allow their customers to visualize different colors for walls, wallpaper, facade tiles, and more in their living space using their smartphones.
Company: Kampster
Project name: Campster AI tutor application
Town: Belgrade
Industry: ICT
Project value: EUR 115,308
IF participation: EUR 79,308
Startup Campster from Belgrade is developing a mobile tutoring application (virtual learning assistant) with artificial intelligence that will contain specialized models of interactive learning, which solves the problem of motivation for online learning.
Company: Miracle Dojo
Project name: MGamification
Town: Belgrade
Industry: Gamification
Project value: EUR 115,000
IF participation: EUR 80,000
Miracle Dojo creates аn environment for the development of mobile games and gamification of products based on celebrities and influential people, as well as corporate brands.
Company: TalentKit
Project name: TalentKit
Town: Belgrade
Industry: ICT
Project value: EUR 105,729
IF participation: EUR 73,829
Startup TalentKit is developing a platform to help HR departments issue, track and review take-home challenges. It makes skill assessments more efficient for employers, and fairer towards the candidates.
Company: ThinkBIG Medic
Project name: Commercialization of the custom made, 3D printed casts
Town: Belgrade
Industry: Energy and energy efficiency
Project value: EUR 198,896
IF participation: EUR 80,000
The company ThinkBIG Medic from Belgrade offers a special technology of production of customized, personalized, 3D printed medical plasters that will reach a wide market through medical systems with the aim of providing better care and treatment to as many users as possible.
Company: Natura Eco
Project name: 3DCP
Town: Čačak
Industry: Machines and mechanical engineering
Project value: EUR 120,000
IF participation: EUR 80,000
Natura Eco develops innovative multifunctioning printers, materials, software and processes that enable a faster, cleaner, safer and more economical construction industry.
Company: Kagera
Project name: PyHAZOP- Dynamic Technology
Town: Vladimirci
Industry: ICT
Project value: EUR 114,000
IF participation: EUR 79,650
Kagera Startup offers a PyHAZOP ML-powered software platform, that helps Oil & Gas and Petrochemical Managers minimize downtime, prevent risk and maximize safety.
Company: DigitaLLeather
Project name: Workstation for detection of defects on leather cut-parts
Town: Kragujevac
Industry: Machines and mechanical engineering
Project value: EUR 106,960
IF participation: EUR 73,960
DigitaLLeather offers а workstation that utilizes artificial intelligence algorithms to improve the performances of quality control operators in visual detecting defects in the leather industry.
Company: Carvisor Technologies Team
Project name: Carvisor Technologies
Town: Belgrade
Industry: ICT
Project value: EUR 114,030
IF participation: EUR 79,821
Carvisor Technologies team is developing аn online car valuation and market data processing platform, offering reliable car market price estimates and in-depth market analytics using advanced Machine Learning technologies.
Company: Valuator
Project name: Valuator
Town: Belgrade
Industry: ICT
Project value: EUR 109,497
IF participation: EUR 76,647
Belgrade startup developing а software solution that enables companies to communicate clearly and directly with existing and new suppliers in order to achieve the best offer and save money and time and provides owners and management with insight, analytics and report on all parameters in procurement processes.
Company: BioCombact
Project name: Smart Bio Fertilizer
Town: Belgrade
Industry: Food Science and Agriculture
Project value: EUR 115,715
IF participation: EUR 79,915
BioCombact is engaged in creating an innovative blend of microbial and mineral components that significantly increases the conversion rate and yield of different crops in various types of soil, thus improving the overall production and sustainability of arable and organic farming.
Company: CINESSEUM
Project name: CINESSEUM
Town: Belgrade
Industry: ICT
Project value: EUR 105,984
IF participation: EUR 73,984
Cinesseum offers a movie streaming platform that legally distributes content from the ex-YU countries in the diaspora to popularize ex-YU movies and TV series worldwide.
Company: White Lemur
Project name: Eco-friendly Production of Biocompatible Versatile Biomedical Nanomaterials from Mushroom Production Waste – SOMA nanoWORKS
Town: Belgrade
Industry: Energy and energy efficiency
Project value: EUR 106,420
IF participation: EUR 74,487
White Lemur offers a scalable methodology for ecological production of chitin and chitosan from mushroom production waste and adaptation of this technology to smart production.
Company: DokTok
Project name: Doktok
Town: Belgrade
Industry: ICT
Project value: EUR 147,152
IF participation: EUR 80,000
DokTok offers a telemedicine solution that provides fast and easy, but high-quality medical and psychological consultations with experts, relieves the health-care system and improves primary health-care, making it available to everyone equally.
Company: Super Protect
Project name: Antimicrobial aluminum foil for food packaging and other applications
Town: Čačak
Industry: ICT
Project value: EUR 134,900
IF participation: EUR 79,460
Super Protect is developing new aluminum foil products with antimicrobial coating.
Company: NewCo One
Project name: SCAR-Smart Construction Augmented Reality
Town: Belgrade
Industry: Civil engineering and construction materials
Project value: EUR 114,222
IF participation: EUR 80,000
NewCo One offers an augmented reality hardware-software solution designed to improve communication, track progress, scan and troubleshoot construction industry projects.
Company: Atavola
Project name: aTavola
Town: Belgrade
Industry: Artificial intelligence
Project value: EUR 107,400
IF participation: EUR 73,400
Startup Atavola is developing an analytics platform for restaurant guests, based on computer vision technology, for improving and optimizing the overall business and efficiency of the restaurant.
Company: VizLore Digital Asset Management
Project name: VizLore AI Digital Asset Management - Vladam
Town: Novi Sad
Industry: Artificial intelligence
Project value: EUR 22,091
IF participation: EUR 9,550
VizLore Digital Asset Management is developing an automated AI-based cryptocurrency trading solution.
Company: Publitio
Project name: Publitio Enterprise
Town: Zrenjanin
Industry: ICT
Project value: EUR 110,400
IF participation: EUR 77,280
Publitio is developing a software solution for uploading, storing, processing, delivering, and administering media files, which allows business clients to retain complete control and ownership of their data and core infrastructure.
Company: Skinnovate
Project name: No more… red skin
Town: Belgrade
Industry: Energy and energy efficiency
Project value: EUR 115,193
IF participation: EUR 79,793
Highly efficient topical eczema treatment that gives the same healing effect as products with corticosteroids, without side effects and without time limits in the length of use. The product contains seven active compounds that act on all possible eczema causes.
Company: Beehold
Project name: Beehold
Town: Niš
Industry: ICT
Project value: EUR 115,420
IF participation: EUR 79,970
Company Beehold offers a hardware and software solution for beekeepers that, with the help of artificial intelligence, enables real-time tracking of bees, digitizes the process of inspecting hives and provides precise information and tips for improving the status of the colony.
Company: Mad Mage Games
Project name: Fantasy Engine
Town: Belgrade
Industry: ICT
Project value: EUR 114,000
IF participation: EUR 80,000
Belgrade startup is developing the platform for creating digital space and tools for crafting multiplayer FRP games, that allow players to roleplay and create stories through a 3D digital medium.
Company: AI SOFTWARE
Project name: Brands Checker
Town: Belgrade
Industry: ICT
Project value: EUR 110,112
IF participation: EUR 76,912
Al Software is developing аrtificial Intelligence platform that offers a unique solution in the complex and ever-changing fight against brand infringements on resale sites.
Company: Cooperatiom Manager
Project name: Improving trading and communication system between agricultural traders and farmers
Town: Novi Sad
Industry: ICT
Project value: EUR 74,192
IF participation: EUR 50,192
Cooperatiom Manager is developing a software platform that accelerates and facilitates communication between traders of agricultural products and farmers, as well as the traders themselves.
Company: Scientific kitchenette
Project name: Scientific kitchenette
Town: Belgrade
Industry: Energy and energy efficiency
Project value: EUR 93,000
IF participation: EUR 65,099
Belgrade startup offers а structured educational program for children aged 5-8, which combines the basics of chemistry, physics, and biology.
Company: Axios Logic
Project name: Axios Payment Module
Town: Belgrade
Industry: ICT
Project value: EUR 119,900
IF participation: EUR 79,900
Axios Logic is developing a real time offline solution for mobile payments and two-factor authentication, based on encrypted SMS messages.
Company: Cinteraction
Project name: Virtual Classroom of the Future
Town: Novi Sad
Industry: Artificial intelligence
Project value: EUR 116,400
IF participation: EUR 79,900
Cinteraction is developing an AI-based software platform for measuring the engagement of participants in online classes and improving the knowledge transfer process.
Company: Divs Neuroinformatics
Project name: Divs DDNA
Town: Lozinka
Industry: ICT
Project value: EUR 114,688
IF participation: EUR 79,944
Divs DDNA brings AI as game-changing technology to Diabetes Neuropathy screening and early diagnostics, while the same technology also revolutionizes the rehabilitation process with neurological impairments.
Company: Executive Digital
Project name: Moda Design District
Town: Novi Sad
Industry: ICT
Project value: EUR 105,200
IF participation: EUR 73,640
Executive Digital offers a platform for digital design district; an international B2C platform for independent fashion designers to showcase and sell their products internationally.
Company: GirlBot
Project name: Bracelet Maket - STEM Toy for Girls
Town: Belgrade
Industry: Electrical engineering
Project value: EUR 98,700
IF participation: EUR 66,900
The Belgrade startup is developing a specially designed robotics toy to teach kids about programming and electronics through its unique patented knitting system, and especially interesting for girls, who are being underserved when it comes to these kinds of toys.
Company: ENERGYPULSE
Project name: SDSS – System Dynamics on a ShoeString
Town: Novi Sad
Industry: ICT
Project value: EUR 83,150
IF participation: EUR 58,100
System Dynamics on a ShoeString (SDSS) represents an initiative by EnergyPulse company to transform conventional production systems to smart ones by providing data-driven and real-time system-related information for instant decision-making by developing integrated hardware-software solutions with a focus on smart, automated, and real-time system profiling in a comprehensive, easy-to-use, and above all reliable manner.
Company: Technology team
Project name: Advanced multifunctional additive based on highly active-ZnO for feed production
Town: Belgrade
Industry: Food Science and Agriculture
Project value: EUR 116,950
IF participation: EUR 79,985
Technology Team is engaged in the production of advanced multifunctional and safe feed additives with antibacterial and antimycotoxin properties based on highly active zinc oxide.
Company: Shapa
Project name: Shapa
Town: Belgrade
Industry: ICT
Project value: EUR 116,460
IF participation: EUR 79,460
Everything you need for your pet in one place. Artificial intelligence application that provides comprehensive care for the health of pets inside and outside the home, with location monitoring, warning system and recommendations.
Company: Seemagination
Project name: See For Yourself
Town: Belgrade
Industry: ICT 114,285
Project value: EUR
IF participation: EUR 80,000
Young company Seemagination is developing an intuitive augmented reality mobile application for companies that produce paints and wallpapers that want to allow their customers to visualize different colors for walls, wallpaper, facade tiles, and more in their living space using their smartphones.
Company: Kampster
Project name: Campster AI tutor application
Town: Belgrade
Industry: ICT
Project value: EUR 115,308
IF participation: EUR 79,308
Startup Campster from Belgrade is developing a mobile tutoring application (virtual learning assistant) with artificial intelligence that will contain specialized models of interactive learning, which solves the problem of motivation for online learning.
Company: Miracle Dojo
Project name: MGamification
Town: Belgrade
Industry: Gamification
Project value: EUR 115,000
IF participation: EUR 80,000
Miracle Dojo creates аn environment for the development of mobile games and gamification of products based on celebrities and influential people, as well as corporate brands.
Company: TalentKit
Project name: TalentKit
Town: Belgrade
Industry: ICT
Project value: EUR 105,729
IF participation: EUR 73,829
Startup TalentKit is developing a platform to help HR departments issue, track and review take-home challenges. It makes skill assessments more efficient for employers, and fairer towards the candidates.
Company: ThinkBIG Medic
Project name: Commercialization of the custom made, 3D printed casts
Town: Belgrade
Industry: Energy and energy efficiency
Project value: EUR 198,896
IF participation: EUR 80,000
The company ThinkBIG Medic from Belgrade offers a special technology of production of customized, personalized, 3D printed medical plasters that will reach a wide market through medical systems with the aim of providing better care and treatment to as many users as possible.
Company: Natura Eco
Project name: 3DCP
Town: Čačak
Industry: Machines and mechanical engineering
Project value: EUR 120,000
IF participation: EUR 80,000
Natura Eco develops innovative multifunctioning printers, materials, software and processes that enable a faster, cleaner, safer and more economical construction industry.
Company: Kagera
Project name: PyHAZOP- Dynamic Technology
Town: Vladimirci
Industry: ICT
Project value: EUR 114,000
IF participation: EUR 79,650
Kagera Startup offers a PyHAZOP ML-powered software platform, that helps Oil & Gas and Petrochemical Managers minimize downtime, prevent risk and maximize safety.
Company: DigitaLLeather
Project name: Workstation for detection of defects on leather cut-parts
Town: Kragujevac
Industry: Machines and mechanical engineering
Project value: EUR 106,960
IF participation: EUR 73,960
DigitaLLeather offers а workstation that utilizes artificial intelligence algorithms to improve the performances of quality control operators in visual detecting defects in the leather industry.
Company: Carvisor Technologies Team
Project name: Carvisor Technologies
Town: Belgrade
Industry: ICT
Project value: EUR 114,030
IF participation: EUR 79,821
Carvisor Technologies team is developing аn online car valuation and market data processing platform, offering reliable car market price estimates and in-depth market analytics using advanced Machine Learning technologies.
Company: Valuator
Project name: Valuator
Town: Belgrade
Industry: ICT
Project value: EUR 109,497
IF participation: EUR 76,647
Belgrade startup developing а software solution that enables companies to communicate clearly and directly with existing and new suppliers in order to achieve the best offer and save money and time and provides owners and management with insight, analytics and report on all parameters in procurement processes.
Company: BioCombact
Project name: Smart Bio Fertilizer
Town: Belgrade
Industry: Food Science and Agriculture
Project value: EUR 115,715
IF participation: EUR 79,915
BioCombact is engaged in creating an innovative blend of microbial and mineral components that significantly increases the conversion rate and yield of different crops in various types of soil, thus improving the overall production and sustainability of arable and organic farming.
Company: CINESSEUM
Project name: CINESSEUM
Town: Belgrade
Industry: ICT
Project value: EUR 105,984
IF participation: EUR 73,984
Cinesseum offers a movie streaming platform that legally distributes content from the ex-YU countries in the diaspora to popularize ex-YU movies and TV series worldwide.
Company: White Lemur
Project name: Eco-friendly Production of Biocompatible Versatile Biomedical Nanomaterials from Mushroom Production Waste – SOMA nanoWORKS
Town: Belgrade
Industry: Energy and energy efficiency
Project value: EUR 106,420
IF participation: EUR 74,487
White Lemur offers a scalable methodology for ecological production of chitin and chitosan from mushroom production waste and adaptation of this technology to smart production.
Company: DokTok
Project name: Doktok
Town: Belgrade
Industry: ICT
Project value: EUR 147,152
IF participation: EUR 80,000
DokTok offers a telemedicine solution that provides fast and easy, but high-quality medical and psychological consultations with experts, relieves the health-care system and improves primary health-care, making it available to everyone equally.
Company: Super Protect
Project name: Antimicrobial aluminum foil for food packaging and other applications
Town: Čačak
Industry: ICT
Project value: EUR 134,900
IF participation: EUR 79,460
Super Protect is developing new aluminum foil products with antimicrobial coating.
Company: NewCo One
Project name: SCAR-Smart Construction Augmented Reality
Town: Belgrade
Industry: Civil engineering and construction materials
Project value: EUR 114,222
IF participation: EUR 80,000
NewCo One offers an augmented reality hardware-software solution designed to improve communication, track progress, scan and troubleshoot construction industry projects.
Company: Atavola
Project name: aTavola
Town: Belgrade
Industry: Artificial intelligence
Project value: EUR 107,400
IF participation: EUR 73,400
Startup Atavola is developing an analytics platform for restaurant guests, based on computer vision technology, for improving and optimizing the overall business and efficiency of the restaurant.
Company: VizLore Digital Asset Management
Project name: VizLore AI Digital Asset Management - Vladam
Town: Novi Sad
Industry: Artificial intelligence
Project value: EUR 22,091
IF participation: EUR 9,550
VizLore Digital Asset Management is developing an automated AI-based cryptocurrency trading solution.
Company: Publitio
Project name: Publitio Enterprise
Town: Zrenjanin
Industry: ICT
Project value: EUR 110,400
IF participation: EUR 77,280
Publitio is developing a software solution for uploading, storing, processing, delivering, and administering media files, which allows business clients to retain complete control and ownership of their data and core infrastructure.
Company: Skinnovate
Project name: No more… red skin
Town: Belgrade
Industry: Energy and energy efficiency
Project value: EUR 115,193
IF participation: EUR 79,793
Highly efficient topical eczema treatment that gives the same healing effect as products with corticosteroids, without side effects and without time limits in the length of use. The product contains seven active compounds that act on all possible eczema causes.
Company: Beehold
Project name: Beehold
Town: Niš
Industry: ICT
Project value: EUR 115,420
IF participation: EUR 79,970
Company Beehold offers a hardware and software solution for beekeepers that, with the help of artificial intelligence, enables real-time tracking of bees, digitizes the process of inspecting hives and provides precise information and tips for improving the status of the colony.
Company: Mad Mage Games
Project name: Fantasy Engine
Town: Belgrade
Industry: ICT
Project value: EUR 114,000
IF participation: EUR 80,000
Belgrade startup is developing the platform for creating digital space and tools for crafting multiplayer FRP games, that allow players to roleplay and create stories through a 3D digital medium.
Company: AI SOFTWARE
Project name: Brands Checker
Town: Belgrade
Industry: ICT
Project value: EUR 110,112
IF participation: EUR 76,912
Al Software is developing аrtificial Intelligence platform that offers a unique solution in the complex and ever-changing fight against brand infringements on resale sites.
Company: Cooperatiom Manager
Project name: Improving trading and communication system between agricultural traders and farmers
Town: Novi Sad
Industry: ICT
Project value: EUR 74,192
IF participation: EUR 50,192
Cooperatiom Manager is developing a software platform that accelerates and facilitates communication between traders of agricultural products and farmers, as well as the traders themselves.
Company: Scientific kitchenette
Project name: Scientific kitchenette
Town: Belgrade
Industry: Energy and energy efficiency
Project value: EUR 93,000
IF participation: EUR 65,099
Belgrade startup offers а structured educational program for children aged 5-8, which combines the basics of chemistry, physics, and biology.
Company: Axios Logic
Project name: Axios Payment Module
Town: Belgrade
Industry: ICT
Project value: EUR 119,900
IF participation: EUR 79,900
Axios Logic is developing a real time offline solution for mobile payments and two-factor authentication, based on encrypted SMS messages.
Company: Cinteraction
Project name: Virtual Classroom of the Future
Town: Novi Sad
Industry: Artificial intelligence
Project value: EUR 116,400
IF participation: EUR 79,900
Cinteraction is developing an AI-based software platform for measuring the engagement of participants in online classes and improving the knowledge transfer process.
Company: Divs Neuroinformatics
Project name: Divs DDNA
Town: Lozinka
Industry: ICT
Project value: EUR 114,688
IF participation: EUR 79,944
Divs DDNA brings AI as game-changing technology to Diabetes Neuropathy screening and early diagnostics, while the same technology also revolutionizes the rehabilitation process with neurological impairments.
Company: Executive Digital
Project name: Moda Design District
Town: Novi Sad
Industry: ICT
Project value: EUR 105,200
IF participation: EUR 73,640
Executive Digital offers a platform for digital design district; an international B2C platform for independent fashion designers to showcase and sell their products internationally.
Company: GirlBot
Project name: Bracelet Maket - STEM Toy for Girls
Town: Belgrade
Industry: Electrical engineering
Project value: EUR 98,700
IF participation: EUR 66,900
The Belgrade startup is developing a specially designed robotics toy to teach kids about programming and electronics through its unique patented knitting system, and especially interesting for girls, who are being underserved when it comes to these kinds of toys.
Company: ENERGYPULSE
Project name: SDSS – System Dynamics on a ShoeString
Town: Novi Sad
Industry: ICT
Project value: EUR 83,150
IF participation: EUR 58,100
System Dynamics on a ShoeString (SDSS) represents an initiative by EnergyPulse company to transform conventional production systems to smart ones by providing data-driven and real-time system-related information for instant decision-making by developing integrated hardware-software solutions with a focus on smart, automated, and real-time system profiling in a comprehensive, easy-to-use, and above all reliable manner.
Company: Technology team
Project name: Advanced multifunctional additive based on highly active-ZnO for feed production
Town: Belgrade
Industry: Food Science and Agriculture
Project value: EUR 116,950
IF participation: EUR 79,985
Technology Team is engaged in the production of advanced multifunctional and safe feed additives with antibacterial and antimycotoxin properties based on highly active zinc oxide.
Company: Shapa
Project name: Shapa
Town: Belgrade
Industry: ICT
Project value: EUR 116,460
IF participation: EUR 79,460
Everything you need for your pet in one place. Artificial intelligence application that provides comprehensive care for the health of pets inside and outside the home, with location monitoring, warning system and recommendations.