Živković Samardžić, one of the Serbia’s leading full-service independent law firms and market leaders in venture and growth capital, continues to support South Central Ventures (SCV) with their investments in the most promising tech startups in the Western Balkans region. Less than three months after the investment in dryTools, the firm has acted again for SCV on its EUR 700,000 investment in City Expert, a Belgrade based startup that gained traction rapidly with its innovations and use of technologies in real estate sale and rental sector.
SCV manages the Enterprise Innovation Fund (ENIF), a venture capital fund focusing on highly specialised, innovative small and medium-sized enterprises in the Western Balkans. Investors into ENIF are the European Commission (EC), the European Investment Fund (EIF), the European Bank for Reconstruction and Development (EBRD), Kreditanstalt für Wiederaufbau (KfW) together with institutional and private investors from the Western Balkans. The EUR 40 million fund is dedicated primarily to early stage and growth investments, intended to fuel the international business expansion and growth.
Živković Samardžić team that has advised SCV on its investment in City Expert included partners Branislav Živković and Slobodan Kremenjak, senior associate Igor Živkovski and associate Ana Popović. The firm will continue to support SCV with their investments in tech startups.