Serbia’s TS Ventures invests in Reputeo, Croatia’s Mindsmiths

TS Ventures has recognised the potential of the two startups, which focus on the development and implementation of AI solutions, with a mature approach and impressive market indicators that promise rapid global growth, TS Ventures said in a press release earlier this week, without disclosing the value of its investments.

The investments highlight the fund’s commitment to fostering innovation and supporting leading technology entrepreneurs in the region. Now, with more than half of the portfolio consisting of AI-based startups with the potential to become 'unicorns', TS Ventures Fund plays a key role in the growth of the regional startup ecosystem, it said.

"Reputeo AI is one of the most promising startups from our area, which in a short time managed to attract investments from the EU as well as clients from the U.S. and Europe. It focuses on protecting brands by analyzing the intellectual property of companies, protecting and managing these vital resources, which affect the reputation and, consequently, the financial performance of companies," said Davor Sakac, founder of TS Ventures Fund.

"Mindsmiths has distinguished itself with its unique software solution based on AI, which offers personalised communication with customers on an individual level. We recognised that this solution has a wide application and significant potential for growth and development, especially in markets like the U.S.," Sakac added.