Vesna is a Luxembourg-based deep tech venture capital fund (SCSp) focused on technology transfer and early-stage commercialization in Slovenia and Croatia. The fund bridges cutting-edge research with global markets, transforming scientific results into investable companies.
Vesna Deep Tech Venture Fund
Vision
To unlock the potential of deep tech research in Slovenia and Croatia by transforming it into globally impactful companies and innovations.
Mission
To accelerate the commercialization of world-class research by providing capital, governance, and commercialization expertise, ensuring that innovations from universities and research institutions reach the market.
Strategy
- PoC Investments (up to €50k): Short-term R&D validation with defined KPIs, TRL milestones, and IP protection deliverables.
- Seed Investments (up to €300k): Structured through convertible loans with valuation caps and follow-on rights.
- Spin-out Facilitation: Option rights to create new companies (NewCos) with researchers and secure IP transfer agreements.
- IP & Governance Tools: Standardized Framework Consortium Agreements, IPR Transfer Agreements, and Warrant Agreements granting research institutions 'golden shares' of 1%.
Governance
Vesna operates under a robust governance framework aligned with EIF and international VC standards. This includes a Luxembourg-based general partner structure, an Advisory Committee with institutional oversight, and a comprehensive set of fund policies and operational manuals designed to ensure transparency, compliance, and best practice in fund management.
Impact
Since inception, Vesna has backed more than 15 early-stage deep tech projects spanning AI, biotech, advanced materials, and aerospace, creating a pipeline of investable startups rooted in local research excellence but aimed at global markets.
Core Values
•Integrity • Innovation • Excellence • Fairness • Transparency
