Venture
Capital
Capital
We invest in early-stage technology companies in Kosovo and the Western Balkans, from the first institutional cheque to the growth round.
€347M
Kosovo ICT services exports
2024
2024
€0K–€3M
Initial cheque
0
Stages, pre-seed to Series A
0
Focus sectors
0%
Decisions made in Pristina
Funding The Future©
Our Funding The Future (FTF) programme is designed to boost Kosovan startups by providing capital when they need it most
01
Dream it.
It all begins with an idea. Maybe you want to launch a business. Maybe you want to turn a hobby into something more. Or maybe you have a project to share with the world. Whatever it is, the first step is the hardest, and it is the one we fund.
02
Build it.
Turning an idea into a company takes more than passion, it takes structure, focus, and relentless execution. This is where early momentum is everything. We help you shape your product, define your core team, and put the right systems in place. It’s about making real progress, testing, iterating, and laying a foundation strong enough to grow on.
03
Grow it.
Once the foundation is in place, it’s time to scale. Growth means reaching new customers, expanding your team, and refining what already works. It’s not just about moving fast, it’s about moving smart. We support you through the critical next phase, helping you navigate new markets, build resilience, and unlock the full potential of what you’ve started.
Investment focus
Technology companies building in and from Kosovo, for the region and for export.
Fintech & Payments
Payments, credit, and remittance infrastructure for the region's banks, merchants, and diaspora.
Software & AI
Products built in Kosovo for global customers, from developer tools to applied machine learning.
Digital Marketplaces
Platforms connecting buyers, sellers, and service providers across the region.
Climate & Energy Tech
Efficiency, metering, and generation technology for an energy system in transition.
Agri-food Tech
Technology for producers, processors, and distributors in the region's agricultural economy.
Health Tech
Clinical software, diagnostics, and care delivery for patients across the region.
The market
A small domestic market, and an export-oriented technology sector growing from a low base.
13,048
ICT sector employees, 2023*
Up 40% from 9,379 in 2019.
1,200+
Active ICT companies*
Mostly young and micro-sized, concentrated in Pristina.
85%
Of ICT companies export*
Services, products, or both. 39% of those sell only to international markets.
34.8
Average age, 2024 census*
Up from 30.0 in 2011, across a resident population of 1.6 million.
* Kosovo Agency of Statistics, 2024 census (average age, population). USAID and Open Data Kosovo, 2024, and STIKK Kosovo IT Barometer (employees, companies). STIKK Kosovo IT Barometer 2021-2022, as reported by bne IntelliNews (exporting companies). ICT services exports of €347M in 2024: Institute GAP, March 2025.
Portfolio support
Companies we invest in have access to the whole house: real estate, private equity, and advisory, under one balance sheet.
Follow-on capital
A portion of each commitment is reserved for later rounds.
Introductions
Access to the firm's network of banks, acquirers, and operating companies in Kosovo.
Premises and operations
Office and commercial space through the firm's real estate division.
Governance and reporting
Board practice and reporting to the standard international funders require.
Stages
From the first institutional cheque to the growth round.
01
Pre-seed
Pre-seed
€50K to €250K
The first institutional capital in a company, committed alongside the founders at the point of building a first product.
02
Seed
Seed
€250K to €1M
Capital for companies with a working product and early customers, to reach repeatable revenue.
03
Series A
Series A
€1M to €3M
Growth rounds for companies with proven revenue, led or co-led by the firm.
04
Series B+
Series B+
Later-stage and established companies are covered by the firm’s private equity division.
Contact
Raising a
first round?
first round?
Founders building in Kosovo and the Western Balkans. Send a short deck and a line on what you are building to the address alongside.
General enquiries
vc@humollicapital.com
Send a deck
Submit a company
The firm
Humolli Capital
Office
Pristina, Republic of Kosovo
Big Idea?
Pre-SeedSeedSeries A
Venture Capital
Small Enterprise?
Series B+
Private Equity
Have a question?
Contact Us