9 investors, execs and founders discuss Zagreb’s startup potential
Startups may not spring to mind when speaking about the beautiful country of Croatia. Indeed, the country is most popular as a tourist destination, and given that tourism accounted for about 20% of its GDP in 2018, to an extent, its pre-pandemic focus was mostly on growing its share of the international tourism market.
But Croatia’s entrepreneurs haven’t been quiet: Startups like Infobip and Rimac are significant local hero businesses now, and the region can boast of high-quality talent in the tech, automotive, manufacturing, and agtech spaces. With only two venture capital firms operating in the capital of Zagreb, the startup scene is still young, but the country’s relatively recent EU membership has given it access to a growing set of direct investment instruments.
9 investors, execs and founders discuss Zagreb s startup potential
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Croatia s Microblink names new managing director Croatia s Microblink/Photo: https://www.silversmith.com/
ZAGREB (Croatia), March 2 (SeeNews) - Croatian AI-powered computer vision software developer Microblink said it has appointed Igor Strejcek new managing director.
Strejcek will also take the role of global vice president of operations, Microblink said in a statement on Monday.
At the same time, Microblink co-founders Izet Zdralovic and Damir Sabol are stepping down from the executive team to assume advisory and supervisory responsibilities within the company.
Strejcek previously was head of direct channels division at Erste&Steiermarkische bank.
Microblink builds computer vision products that help businesses digitise documents, automate processes, and eliminate manual data entry.
(Photomath)
ZAGREB, 18 February (Hina) – The Photomath company has secured $23 million to continue developing its Photomath application for learning mathematics, which has been downloaded more than 220 million times, company founder Damir Sabol and investor partners said on Thursday.
Sabol made the announcement at an online press conference, underscoring that his investors were from the Silicon Valley.
Photomath is a free, simple-to-use application which operates as a digital mathematics tutor and helps students and parents in solving mathematical tasks. The task can be hand-written or typed up on a computer while the application uses computer vision, artificial intelligence and machine learning to solve the problem.