Industry 5.0 startup ecosystem

F Fifth Quarter Ventures

Fifth Quarter Ventures is an early-stage VC fund founded in 2023 and based in Novi Sad, investing in startups across the Western Balkans and Adriatic region. The fund is led by General Partners Tihomir Bajić and Pedja Predin, both experienced operators who aim to be the first significant institutional investor in portfolio companies, taking board seats. Investment focus spans AI, developer tools, open-source software, Industry 5.0, and crypto/Web3. The fund received co-financing through Serbia's state Innovation Fund Serbia Ventures program and manages a portfolio of 12 companies.