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Fifth Quarter Ventures

Western BalkansAdriatic RegionSerbiaCroatiaEuropeAI/MLDevtoolsB2B SaaSDeep TechFintechHealthtechOther

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Investment thesis

Fifth Quarter Ventures is the premier early-stage venture capital firm committed to investing in Adriatic founders globally and in startups that leverage the Adriatic region's competitive talent pool. The firm focuses on AI big bets, dev tools, open-source software, Industry 5.0, and crypto/Web3 — sectors where the Western Balkans has produced world-class STEM talent and notable global success stories (e.g., UiPath, Infobip, Nordeus). As proven operators with a startup-building playbook, 5QV aims to be the first significant institutional investor in its portfolio companies, leading funding rounds and taking board seats to drive meaningful long-term impact.

Notable quotes

Really proud to see Wasp evolve into the full-stack framework crucial for the AI era, especially at a time when developer experience is more crucial than ever. Wasp has built an impressive track record.

Tihomir Bajić · LinkedIn post, Fifth Quarter Ventures company page · 2025-06-17

Thrilled to lead the $2M pre-seed round in Bubo² alongside South Central Ventures. Bubo² is transforming e-commerce with 3D Gaussian Splatting—making high-value products like vehicles, equipment, [more accessible].

Fifth Quarter Ventures (Tihomir Bajić) · LinkedIn post, Fifth Quarter Ventures company page · 2025-09-16

The Adria region can produce its next unicorns — the local startup ecosystem is at an inflection point and starting to register on the world VC stage.

Tihomir Bajić · Splet Conference, Belgrade · 2024-10-08

Recent investments

CompanyRoundSizeDate
DeytaPre-seed2026-03-01
GlycanAgeSeries A$9m2025-12-18
Bubo2Pre-seed$2m2025-09-16
NextesySeed2025-07-31
Kortix AIPre-seed2025-06-23
WaspSeed$4m2025-04-18
Aire LabsSeed2025-01-01
TreblleSeed
PipekitSeed
OrgnosticPre-seed

Frequent co-investors

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