October 9th, Ljubljana, Slovenia — Silicon Gardens Fund is announcing its first set of 5 investments. The fund launched in May of this year and it has already seen a steady flow of high potential regional teams who are capable and willing to take their companies to the next level.
Peter Ribarič, the general manager of the fund, said “It’s amazing to be able to find 5 high potential companies in the first four months of fund’s existence. We were certainly hoping that this could happen, but now we have empirical proof that there is enough talent and innovation for private investors to back at an early stage.”
The first additions to Silicon Gardens’ portfolio are:
Sqwiz – New way for small businesses active on Facebook to build and maintain their website. Taking part in Wayra London incubator. http://sqwiz.com
Povio – Re-envisioning photo sharing. Took part in Y Combinator incubator. http://povio.com
Flaviar – Discover, taste and buy fine spirits. http://flaviar.com
Getta.pro – Making booking and billing easy for personal sport trainers. http://getta.pro
Sphericam – Building affordable 360 degree cameras enabling content creation for Oculus Rift. http://sphericam.com
Slovenia and the wider CEE region are proving to be an excellent source of innovative ideas and extremely determined teams ready to take on global markets. Silicon Gardens Fund is excited and honored by the trust expressed by its investees.
Luka Pečavar, founder of Sqwiz describes the relationship with the fund as “having an older brother that tells you about all the stupid things he has already done, so you don’t repeat them and at the same time getting you a date with his schoolmate’s sister.”
Silicon Gardens Fund is focused on adding value by providing experience, coaching and business connections to entrepreneurs in early stage technology startups. The Fund’s main investors are entrepreneurs from the region. Also joining are established U.S. investors who believe in the potential of the region. The Fund is betting that the combination of top local talent and the world class investor network can lead to amazing outcomes.