new survey results – 500M in 5 years

2017 was another record year for slovenian founders, with $140M raised globally, which brings us to $500M raised in mere 5 years since the ecosystem and this survey started.

This year’s key driver were ICO’s, but they were not alone.

Read more here

Or watch unveiling live here

2016 overview and announcing Dealbook

we have completed another overview of another great year of global fundraising activities of slovenian entrepreneurs. summary is here: /ecosystem2016/

news was graciously picked up by everyone:

but what is even more exciting is the launch of, a central database of all slovenian startup activities, with big thanks to d-labs for making it happen.

now everyone, please go and fix records of your startup activities 😉

Startup Ecosystem 2014

After weeks of hard work collecting information from all possible sources, we finally published our traditional annual infographic report from the activities in the ecosystem in the past year.

It is available here.

The feedback so far was overwhelmingly positive, and all media reported it, and people are having good conversations in comment threads.


Meet Andrej Vckovski, Netcetera

On Tuesday at 18.30 you will have a chance to talk with Andrej Vckovski, CEO and co-founder of Netcetera, one of the top SW companies in Switzerland.

Netcetera has 350 employees and with offices in 4 different countries – Switzerland, Liechtenstein, Macedonia and United Arab Emirates. You can find more about Andrej @ and about Netcetera @

This is an open networking event for entrepreneurs.

Location: Dvorni bar

Time: Tuesday, 18. November, 18.30

Please RSVP on Eventbrite

Special thanks to Darko Butina for facilitating the visit and the event.

Silicon Gardens Fund Announces Its First 5 Investments

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.
Povio – Re-envisioning photo sharing. Took part in Y Combinator incubator.
Flaviar – Discover, taste and buy fine spirits. – Making booking and billing easy for personal sport trainers.
Sphericam – Building affordable 360 degree cameras enabling content creation for Oculus Rift

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. 

Silicon Gardens Fund

A group of entrepreneurs is launching Silicon Gardens Fund – a micro fund focused on investing in early stage startups coming from Slovenia and broader region.

“In the last few years we’ve seen amazing companies from the region – Celtra, Outfit7, Bitstamp and more. I believe this could be just the beginning. Silicon Gardens Fund will help accelerate young ambitious teams toward their full potential.” said Jugoslav Petković, one of the fund’s principal investors.

Silicon Gardens Fund’s aim is to help startup founders grow their teams, ideas and businesses at the very beginning of their journey and enable them to compete on an international stage. Its principal investors are young entrepreneurs themselves and they will be actively involved in helping the portfolio companies.


The Fund’s main investors are entrepreneurs from the region, among them Gregor Rebolj of Klika/Sportradar, Borut Rismal of Pasadena, Boštjan Špetič of Zemanta and others []. Also joining are established U.S. investors who believe in the potential of the region – Fred Wilson, Brad Feld, Jerry Colonna and Paul Vidich.

“Every startup community has to be led by entrepreneurs. This fund is an example of entrepreneurs stepping forward to do exactly that.” said Brad Feld, investor and author of the book Building an Entrepreneurial Ecosystem in Your City.


Fund’s focus will be on adding value by providing experience, coaching and business connections to entrepreneurs in early stage technology startups. The Fund is betting that the combination of top local talent and the world class investor network can lead to amazing outcomes.

Investment plan

The Fund will invest €20 to 40 thousand in 5 to 10 companies in the first year. The main goal will be to enable early stage teams with high growth potential to explore international markets, validate their ideas and get ready for further funding.

Open source legal structure

“This is the first fund of its kind in Slovenia. Its legal structure was a major effort to set-up.” said Fund’s general manager Peter Ribarič. “We want to increase investment activity in the region, so we will operate very transparently. For example, we will open source Fund’s legal documentation in an effort to pave the way for other investors and set standards on how startup investing in the region should be done.”


Meet in Ljubljana

Richard Muirhead, partner at innovative european VC fund is in Ljubljana again (first time was in August for our Ljubljana Tech Meetup #2).

join us for drinks / snacks at dvorni bar, 7pm, this thursday. free registrations please.

Ljubljana Tech Meetup #3

Začetek ‘kuhano vino’ sezone, nocoj ob 18h v Dvornem baru v Ljubljani,

Za izgovor imamo gostjo Melisso Weir iz San Francisca, marketingarico v podjetju Mashery, ki je na turističnem obisku Ljubljane potem ko je v Londonu organizirala konferenco Business of APIs.

Se vidimo!

Likemind #lj

Ta petek ob 8h zjutraj se bo zgodil prvi dogodek (likemind) slo v kavarni BI-KO-FE v bližini Kongresnega trga v Ljubljani.

Format (likemind) je novost, ki prihaja iz ZDA, ideja pa je, da se podobno misleče ljudi združi na jutranji kavi vsak tretji petek v mesecu. Vsi lokalni dogodki (teh je trenutno okoli 30) se zgodijo v enakem ritmu, nimajo pa nobene agende pogovora - le združitev kreativnih, inteligentnih in zanimivih ljudi ob dobri kavi. Iskrice potem letijo kar same. 

Se vidimo v BI-KO-FE v petek med 8. in 10. uro!

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