🔥🔥🔥 JOIN OUR STARTUP AMBASSADOR PROGRAM 🔥🔥🔥
    📣 Spread the news & get a PRO membership 3 months for FREE with all features🚀📈💵500 vouchers left • 3 months free
    Home/Investor Database/North Macedonia
    Eastern Europe

    Investors in North Macedonia

    North Macedonia hosts one of Eastern Europe's most active investor communities, with 73 verified firms and funds currently tracked on CapLink.

    The mix is led by VC, PE/Buy-Out and Business Angel, alongside 4 other investor types. Deal coverage spans Pre-Seed through Secondaries, with the largest concentration at Series B.

    Top sector themes include Consumer, AI, Cloud/SaaS, Healthcare and Fintech. Ticket sizes range from roughly $25K to $200M, covering everything from early angel cheques to growth-stage rounds.

    Use the pre-filtered database below to explore every North Macedonia investor on CapLink, or sign up to unlock contact details, ticket sizes and detailed investment criteria.

    73
    Active investors
    7
    Investor types
    9
    Funding rounds covered
    10
    Focus areas

    Ecosystem Overview

    North Macedonia has a nascent but growing startup ecosystem, supported by government initiatives, EU pre-accession funding, and regional development programs. The ecosystem is relatively small and early-stage, with most activity concentrated in the capital Skopje. ICT and software development dominate the startup landscape, partly due to a strong engineering talent base and lower operational costs compared to Western Europe. Organizations such as SEAF, Startup Macedonia, and various EU-backed funds have been instrumental in providing early-stage capital and mentorship. The country is gradually attracting diaspora entrepreneurs and regional investors, though access to later-stage venture capital remains limited.

    Key Hubs
    Skopje
    Bitola
    Tetovo
    Investment Focus
    ICT & Software
    Fintech
    E-commerce
    AgriTech
    BPO & Outsourcing

    North Macedonia investor database

    73 investors matched for North Macedonia. Sign up to unlock contact details and full profiles.

    Investor
    43North logo
    43North
    43North is an accelerator program based in Buffalo, New York, dedicated to fostering high-growth companies by investing $5 million annually. Since its inception in 2014, 43North has been instrumental in revitalizing Buffalo's startup ecosystem, offering substantial funding and resources to attract innovative businesses to the region. The program culminates in the annual 43North Finals, a public event where five companies are awarded $1 million each, securing a spot in the next accelerator cohort. This initiative has led to the emergence of successful ventures, including a unicorn and publicly traded companies, and has attracted co-investors such as Bessemer, Iconiq Capital, and Rise of the Rest. Supported by sponsors like New York State, Empire State Development, and the Ralph C. Wilson, Jr. Foundation, 43North continues to play a pivotal role in Buffalo's economic development by nurturing a diverse, industry-agnostic portfolio of startups.
    83North logo
    83North
    83North is a global venture capital firm with over $2 billion under management, investing in European and Israeli entrepreneurs to build global businesses. Founded in 2006 and formerly known as Greylock IL, the firm has invested in 90 companies, achieving 33 exits, including 14 unicorns. Their portfolio spans various sectors, including fintech, mobility, healthtech, marketplaces, SaaS, and security. 83North's investment approach focuses on early-stage and growth capital investments, typically committing between €1.5 million and €3 million per investment, primarily in Series A and B funding rounds. The firm operates from offices in London and Tel Aviv, providing support across Europe, Israel, and the United States. Notable portfolio companies include IronSource, iZettle (acquired by PayPal), Just Eat, Wolt, and Via Transportation.
    Northzone
    Northzone is an early-stage venture capital firm backing the entrepreneurs building tomorrow's global companies.Northzone is a technology investment partnership. With four offices, Northzone’s focus is on disruptive companies in attractive markets. Since its inception in 1996, Northzone has invested in over 130 companies, injecting some 200 years of collective operational and investment experience into businesses that truly make a difference. Notable investments include Spotify, iZettle, Trustpilot, Avito, Klarna, Wallapop Lastminute.com, Pricerunner, NextGenTel, and Stepstone.
    True North logo
    True North
    True North traces its origins back to 1999, when it was originally named India Value Fund. The company was founded with a view towards investing in mid-sized, profitable, India-centric businesses, and then transforming them into world-class industry leaders that is built upon the foundation of strong values.Deep knowledge and understanding of Indian markets has led True North to successfully launch five independent investment funds, with a combined corpus of ~US$ 2 billion. These funds have been raised from over 35 high quality international institutions with a combined investable capital base of over US$ 1 trillion. Currently, True North is investing out of Fund V, which has a corpus of US$ 700 million.
    Northislet Ab logo
    Northislet Ab
    Northislet AB is a growth investor specializing in Life Science investments within the Nordic region. The firm takes an active ownership approach in small growth companies across various development stages, leveraging their network and experience to enhance long-term value.
    North West Fund logo
    North West Fund
    The North West Fund is a venture capital and private equity arm of North West Business Finance Limited specializing in debt finance, equity finance, mezzanine finance, direct, and fund of fund investments. Within direct investments, it seeks to invest in start up and early stage, emerging growth, and mid venture small and medium companies. The firm primarily invests in energy and environmental, biomedical, the digital and creative sector, software development; social networking tools and e-commerce; design to advance digital hardware innovation; advertising and marketing communication companies; electronic publishing; computer games developers; and broader information and communication technology. It primarily invests in the North West of United Kingdom. The firm provides debt and equity funding between $0.05 million and $3.26 million. The North West Fund was founded in December 2010 and is based in Warrington, United Kingdom.
    Northstar Group
    The Northstar Group is a Singapore headquartered private equity firm managing more than US$2.0 billion in committed equity capital dedicated to investing in growth companies in Indonesia and to a lesser extent, other countries in Southeast Asia.The Northstar Group has a solid track record of actively growing the businesses of its investee companies over its investment horizon. Since its founding in 2003, the Northstar Group has raised five private equity funds and invested in more than 30 companies across the banking, insurance, retail, oil and gas, coal and mining services, technology, telecom, and agribusiness sectors. The Northstar Group has invested over US$2.8 billion with its co-investors in the Southeast Asian region.
    Sand Hill North logo
    Sand Hill North
    We invest in pre-seed and seed. Our primary focus is B2B software. Generally we avoid consumer, hardware and capital intensive startups. We usually invest post-product and expect you have a few customers. For 2024 we're focused on US companies, ideally in California. We do not invest outside the US or Canada.
    39 North Capital logo
    39 North Capital
    39 North Capital is a private investment firm that serves as a partner to owner-operated businesses.
    Great North Labs logo
    Great North Labs
    Great North Labs (GreatNorthLabs.com) is an early-stage tech venture fund focused on investing in the under-capitalized opportunities of the upper Midwest. Our management is based in Minnesota and Silicon Valley, and has decades of operator experience including M&A and Fortune 100 companies. We have a strict diligence process that prioritizes product-market fit, and we believe that, combined with the opportunities in the upper Midwest ecosystem, there is an opportunity for tech investments that will both reward investors and establish the upper Midwest as an innovation hub.
    North Base Media logo
    North Base Media
    North Base Media is a boutique investment firm founded by deeply experienced journalists and media investors who are committed to building high-quality media serving communities and consumers around the world. The firm focuses on the rapid evolution of media from print and broadcast to digital and mobile, creating new opportunities to reach audiences and serve customers in new ways.
    North Bay Angels logo
    North Bay Angels
    The North Bay Angels is a venture capital firm specializing in seed and early stage investments. The firm seeks to invest in the communication, healthcare and biotech, energy, cleantech, information technology, web-based businesses, business services, communications technology, telecommunications, software, Internet, optics, medical, medical devices and services, and other technical sectors. It may also consider investment opportunities in real estate development, manufacturing, retail, and food and wine projects. The firm seeks to invest in companies based in the North Bay area. It seeks to invest in companies located on the west coast with a preference for Northern and Central California and nearby Nevada. It firm typically makes investments between $0.25 million and $1 million in its portfolio companies. It seeks to invest in companies that can achieve $20MM plus revenue in 5 years. The firm seeks to take a Board seat in its portfolio companies. The North Bay Angels was founded in 1998 and is based in Healdsburg, California.
    North Invest Ltd logo
    North Invest Ltd
    North Invest Ltd is a venture capital firm specializing in series A, seed and startups investment. It seeks to invest in technology sector. The firm seeks to invest in the North of England within any of the elven areas such as Warrington, Cumbria, Greater Manchester, Hull & Humber City Region, Lancashire, Leeds City Region, Liverpool City Region, Northeast, Sheffield City Region, Tees Valley, York, North Yorkshire and East Riding. The firm seeks to invest between £0.005 million ($0.0054 million) and £1 million ($1.09 million) via angel investment; £0.5 million ($0.054 million) and £2 million ($2.17 million) via startups in equity investment per transaction. The firm prefers to invest in women code. North Invest Ltd was founded in 2017 and is based in Leeds, United Kingdom.
    Northeast Angels logo
    Northeast Angels
    Northeast Angels is an early-stage investment group focused on entrepreneurs and businesses in the Northeast US, specifically the Manchester-Nashua corridor and the greater New England area.
    40 North Ventures logo
    40 North Ventures
    40 North Ventures is an early-to-growth stage venture capital firm focused on technology investments in the industrial sector. Founded by Standard Industries Co-CEOs David Millstone and David Winter, and led by Co-Managing Directors Marc van den Berg and Marianne Wu, the firm provides early-stage and growth capital to companies that make business more data-driven, agile, consumer-centric, and environmentally sustainable. 40 North Ventures targets a spectrum of established industries, including manufacturing, logistics, mobility, energy, infrastructure, and construction. As part of 40 North, a related investment platform of Standard Industries, 40 North Ventures offers its portfolio companies access to capital, networks, and commercial opportunities to accelerate growth and achieve long-term success. Through Standard Industries, 40 North Ventures has access to leading global operators and various pools of capital to help portfolio companies expand their impact.
    42 North Partners logo
    42 North Partners
    42 North Partners is a single-family office based in Grand Rapids, Michigan, focused on middle- and lower-middle-market private equity fund investing, co-investing, and supporting the entrepreneurial ecosystem.
    North Sky Capital logo
    North Sky Capital
    North Sky Capital, LLC is a private equity and venture capital firm specializing in direct and fund of funds investments. For direct investments, the firm seeks to invest in early venture, mid venture, late venture, later stage, leveraged buyouts, mature, growth equity, and emerging growth in middle market. For fund of funds, it makes secondary investments in private equity, energy funds, infrastructure funds, special situation funds, and venture capital funds. It seeks to make direct investments as co-investments in cleantech, clean energy infrastructure, technology, healthcare, water, energy generation and storage, recycling, transportation, construction, agricultural, real estate, pollution control, organic foods, education, healthy living, sustainable consumer goods and lighting sectors. In clean tech private equity fund of funds investments, the firm seeks to invest in late stage and growth equity focus funds specializing in investing in renewable energy, water, transportation, efficiency, agriculture and aquaculture, building materials, re-cycling, and waste-to-energy sectors. In cleantech infrastructure fund of funds investments, it prefers to invest in funds specializing in investments in renewable energy power systems and transmission lines. For buyout fund of funds investments, the firm seeks to invest in small and mid size funds specializing in investments in industrial, business services, healthcare, technology, energy, consumer, and retail. For venture fund of funds investments, it prefers to invest in late stage funds specializing in investments in technology, healthcare, cleanteach, consumer, and retail. For direct investments and fund of fund investments, the firm seeks to invest globally with a particular focus on North America, Asia and Western Europe . The firm prefers to take a majority stake. North Sky Capital, LLC was founded in 2000 and is based in Wayzata, Minnesota with additional offices in Boston, Massachusetts and Seattle, Washington.
    NorthCap Partners logo
    NorthCap Partners
    Northcap is a venture capital company that provides funds and support for ICT companies based on the technologies of cloud computing, communications, mobile and mobility, online services, and e-commerce. It funds companies in three stages of development such as seed stage: invests in Danish companies from the first revenue onwards; early stage: invests i companies with a proven business model and a revenue of €1-2 million or more in the Northern part of Europe; and growth stage: invests in well-established Northern European companies with a revenue of €10-25 million.Northcap covers several essential areas of technology businesses development, including strategy, internationalization, sales processes, recruitment of employees, and organization.
    New North Ventures logo
    New North Ventures
    New North Ventures is a defense tech venture capital firm composed of former company operators and government professionals. They invest at the intersection of national security and economic resilience, supporting founders building dual-use technologies in AI, deep tech, and security.
    North-East Venture logo
    North-East Venture
    North-East Venture is a Danish family office established in 2013 by the founders of the global jewelry brand, Pandora. The office is led by CEO Lasse Dehn-Baltzer and focuses on assisting families in preserving their material and ethical values for the benefit of future generations. Their services include asset management, private equity, and venture capital investments.
    Northern Gritstone logo
    Northern Gritstone
    We invest in IP-rich businesses, originating from or based in the North of England. We are focused on supporting visionary companies with strong intellectual property which have the ambition to positively change the world, particularly in the areas of deep technology and life sciences.
    Northpond Ventures logo
    Northpond Ventures
    Northside Ventures logo
    Northside Ventures
    Northside Ventures is a venture capital firm specializing in pre-seed, seed/start-ups and early venture investment. It is sector agnostic sector and seeks few core categories, including artificial intelligence, B2B SaaS, FinTech, and cleantech sectors. It seeks to invest across Canada, United States and North America. The firm seeks equity investment of $0.1 million and $0.5 million. Northside Ventures was founded in 2023 and is based in Toronto,Canada.
    Northstar Ventures logo
    Northstar Ventures
    We invest in teams with a presence in NE of england, with an early product with customers, predominantly focussed on: Healthy Ageing Future of Work and Learning Future of Place Climate Tech
    Northwell Ventures logo
    Northwell Ventures
    Page 1 of 3

    Ready to reach investors in North Macedonia?

    Create a free CapLink account to unlock full investor profiles, contact details, ticket sizes and intelligent matching.

    We use cookies to enhance your experience. Read our Privacy Policy