We help businesses extend their horizon

VX is the bridge between international top tier capital markets and Croatia.
We facilitate the connection to help both sides in a sustainable and profitable way.

What we do

VX is specialised in producing sustainable finance consultancy and provides direct investment solutions. The company offers services to international and domestic clients including international financing institutions, private equity and venture capital firms, strategic and corporate investors, as well as companies with scale-up potential seeking to expand their product and services to regional and global markets. The company’s coverage extends to Croatia and other South-East European markets, while having one foot in developed markets.

Furthermore we are uniquely positioned in providing advisory services to private equity and venture capital funds on integrating environmental, social, and governance (ESG) objectives both at fund and portfolio company level. The growth in ESG and responsible investment strategy over the recent years has been impressive. Limited partners (LPs) are increasingly asking general partners (GPs) to demonstrate that they have a structured approach to managing ESG risks and opportunities and ESG considerations are being incorporated into Limited Partnership Agreement (LPA) terms. Over the past few years, research has shown that an ESG strategy pays off by delivering superior financial returns. COVID-19 is only going to accelerate those trends since ESG funds are outperforming the wider market (Q1 2020).

“Sustainability is something I strive to live daily – ESG is the best framework in finance so far.”
Mirna Marovic
Founder & CEO
25 years

Of Investment Banking & Private Equity Experience


In managed transactions since 1995


Uniquely certified ESG Analyst in Croatia*

*EFFAS Certified ESG Analyst (CESGA®)

Recent Milestones


VentureXchange is now VX Associates with a new team and scope of work we aim to be the leading boutique firm in Croatia

December 2020
Team Expansion

VX expanded its size with the hiring of young and motivated team members

January 2020
Consulting Projects

At Österreichische Entwicklungsbank and Growth Capital AG which resulted in two appraised studies carried out by VX

2012 - 2014

Launch of the WesternBalkans Enterprise Development and Innovation Facility (WB EDIF) with the EIF


Join us on our journey.

Explore the possibilites. Join our community of Venture Capital and Private Equity industry experts.

Partnership Opportunities

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