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    Fil Rouge Capital

    Zagreb, CroatiaFounded 2019

    Fil Rouge Capital (FRC) is an early-stage venture capital firm headquartered in Zagreb, Croatia, investing in pre-seed, seed, and Series A rounds across Central and Eastern Europe. The firm has invested in more than 170 startups and backed around 300 founders, focusing on sectors including fintech, logistics, AI, climate tech, and B2B SaaS.

    They made 2 investments in the last 12 months. Their most common stage is seed (64% of deals).

    Find people at Fil Rouge Capital on Goldilocks AI

    Portfolio

    10

    Fund Size

    —

    Top Stage

    Seed

    Last 12 Mo

    2

    Team

    Aleš Pustovrh

    Aleš Pustovrh

    Partner

    Julien Coustaury

    Julien Coustaury

    Partner

    Matei Dumitrescu

    Matei Dumitrescu

    Venture Partner Romania

    Mili Ibrulj

    Mili Ibrulj

    Partner

    Roger Blott

    Roger Blott

    Partner

    Stevica Kuharski

    Stevica Kuharski

    Partner

    Tihana Vujčić

    Tihana Vujčić

    Principal

    Ana Bognar

    Ana Bognar

    Operations

    Anica Bagarić

    Anica Bagarić

    Accelerator Program & Marketing

    Biserka Domazet

    Biserka Domazet

    Office Manager

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    Portfolio

    14 investments
    CompanyRoundAmountDate
    HhyperbunkerSeed—Sep 2026
    ddd-invoices logoddd-invoicesSeed—May 2026
    HhyperbunkerSeed—Jan 2025
    GgameboostSeed—Jan 2023
    AautovantageGrowth—May 2022
    The Cobblers logoThe CobblersSeed$8MJan 2022
    GgameboostPre-Seed—Jan 2022
    GgameboostSeed—Jan 2022
    faceup logofaceupSeries A$5M—
    TTaiaUnknown——
    WWorconUnknown——
    TThe Open MachineSeed——
    ddd-invoices logoddd-invoicesSeed——
    Llasken-aiSeed——

    Top Co-Investors

    Last updated: 20 October 2026