The Venture Codex Logo

The Venture Codex

South Central Ventures

Sime Lukina Lazića 12b, Belgrade, Vojvodina, 10000, Serbia

Overview

South Central Ventures is a VC investor with a long and enduring presence in the Adriatic region. Operating out of four offices – Ljubljana, Zagreb, Belgrade, and Skopje – the team has invested in about 40 early-stage tech companies and has been an integral part of the local start-up community. With a strong base of international investors, South Central Ventures is the go-to-investor for regional tech companies competing in global markets.

Total investments
21
Lead investments
10
Investments · 12mo
2
Active investors
8

Sector focus

  • Finance
  • Financial Services
  • Venture Capital
Visit website

Investment portfolio

  • Katalist

    Led · Equity · Dec 2025

    Katalist develops an AI-powered platform that streamlines end-to-end professional video production for film, marketing, and other high-end use cases. Its machine-learning tools convert scripts into shot lists, storyboards, and finished videos while preserving creative control, quality, and efficiency. The product is used by more than 250,000 professionals worldwide and has powered millions of projects and video assets across television, social media, and streaming platforms. The company’s mission is to let storytellers do their best work without budget or time constraints, positioning the software as a foundational tool for modern production teams. With $1.5 million in new seed funding, Katalist plans to accelerate platform development and deepen its automation capabilities. Although no revenue figures were disclosed, the sizeable user base signals early commercial traction and market relevance.

  • GlycanAge

    Participated · Equity · Dec 2025

    Founded in 2020 by father-and-daughter duo Prof. Gordan Lauc and Nikolina Lauc, England-based GlycanAge analyzes glycans—complex sugars that coat cells and many proteins—to read inflammation-linked signals that drive ageing. Its flagship offering is an IgG glycosylation-based “inflammaging” clock that provides a detailed measure of biological age and tracks how lifestyle, environmental factors and chronic inflammation affect health over time. The company is now building indication-specific clinical tools for stress and resilience, cardiometabolic health, weight management and hormones, with plans to package these as products for practitioners. It is also validating diagnostic indications and preparing its first lab-developed tests for hospital and reference-lab use, supported by collaborations with Northwestern University Hospital and Mayo Clinic. A pilot is already live at St Catherine Specialty Hospital in Zagreb, and GlycanAge intends to roll out to more than 10 hospitals across Europe and the Middle East within a year. In Saudi Arabia, a partnership with the King Abdulaziz City for Science and Technology will host the firm’s first local laboratory to serve regional hospital networks. The company has raised at least €11.3 million to date, including a €3.9 million seed round in 2024 and the latest €7.4 million financing.

  • SplxAI

    Participated · Seed · Mar 2025

    SplxAI offers a platform built to automate offensive security testing, dynamic remediation, and continuous monitoring for agentic AI and LLM-powered applications. The platform simulates adversarial scenarios across modalities including text, images and voice, leveraging a continuously updated attack database. SplxAI also published an open-source tool, Agentic Radar, to map dependencies and expose missing security measures in agentic workflows. The company emphasizes automated red teaming to find prompt injections, hallucinations, and other AI-specific vulnerabilities that manual testing cannot scale to address. Named customers include KPMG, Infobip, Brand Engagement Network, and Glean. SplxAI was founded in 2023, is based in Dover, Del., and has reported 127% quarter-over-quarter growth since launching the platform in August 2024. SplxAI is a London, UK-based cybersecurity company focused on safeguarding AI applications and chatbots for enterprises, startups, and scaleups. Its flagship product, Probe, is an advanced security platform designed to support CISOs within large enterprises by identifying vulnerabilities in AI chatbots and providing immediate protection. The company employs a dual approach of both attacking and defending chatbots to detect and mitigate AI threats such as prompt injection, social engineering, off-topic conversations, jailbreaks, and more. Led by CEO Kristian Kamber, SplxAI raised $2M in pre-seed funding to accelerate development of Probe. The company offers cybersecurity services tailored to large enterprises' security teams as well as smaller organizations and scaleups.

  • AEOS

    Participated · Series B · Oct 2024

    AEOS, founded in 2012 in Zagreb, Croatia, is an adtech company that specializes in AI-powered video marketing and data-driven TV advertising solutions. The company, formerly known as AdScanner, offers AI-powered audience measurement and optimization tools to bridge traditional and digital media. AEOS operates across several European markets, including Germany, Austria, Switzerland, Croatia, and Bulgaria. In October 2024 the company raised €10.0M in a Series B to support growth. AEOS plans to use the funds to establish data partnerships and strengthen its competitive edge in the interconnected TV and digital media industry. Investors in the round include lead Taiwania Capital and existing backers J&T Ventures and South Central Ventures.

  • LUPA Technology

    Led · Equity · Jul 2024

    Lupa Technology is a cloud-based SaaS built for the construction industry that mines and unifies data from other platforms, processes documents, and provides construction-specific workflows. The platform leverages generative AI to deliver insights and reporting. Founded in 2021 and operating out of New York and Belgrade, Lupa targets the US, UK, EU and GCC markets. Sales are conducted through a mix of direct sales and partnership-driven channels. Having bootstrapped until now, the company recently closed a $1.8M investment round to support growth. Management says the product is mature and is producing practical impact on customers’ digital transformation.

Team

  • Jan Kobler

    Managing Partner

    LinkedIn
  • Sonja Arandjus

    Office Manager

  • Jure Mikuž

    Managing Partner

    LinkedIn
  • Milos Kujovic

    Senior Associate