Hypefy's customers include NIVEA, Unilever, ABOUT YOU, Philips, PepsiCo, McDonald's, Samsung, Glovo, and Schwarzkopf.

The fresh capital will be used to expand production capacity and strengthen Fasal Bio’s commercial and R&D teams.

Investment was led by Expeditions, with participation from Lightspeed Venture Partners, Taiwania Capital, Aymo, and Radius Capital.

The new fund saw support from banks, development finance institutions, pension funds, insurance companies, and family offices.

Croatian AI security startup SplxAI has closed $7M in seed funding. LAUNCHub Ventures led the round, Rain Capital, Inovo, Runtime Ventures, DNV Ventures, and South Central Ventures joined.

Zagreb-based startup Hypefy has raised $1.75 million to expand its workforce and develop its platform.

Croatian Bitreport develops software for chain business management. The startup has raised €300,000 from Czech venture capital firm Purple Ventures.

Zagreb-based all eyes on screens has secured €10 million in a Series B funding round led by Taiwania Capital, with participation from Lead Ventures, J&T Ventures, and South Central Ventures.