Private equity firms Quantox Technology

Sandberg Capital

Sandberg Capital, a Slovak private equity firm, has invested EUR 20 million in Quantox Technology, a Serbian software development company.

The investment is Sandberg Capital’s first direct investment in Serbia.

Quantox Technology was founded in 2006 and has over 500 employees working from 13 development centers in 7 European countries.

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Image: Quantox Technology

The company provides a wide range of software development services, including custom software development, IT consulting, and system integration.

Top Private Equity Firms Serbia

Quantox Technology’s clients include a number of Fortune 500 companies, as well as leading businesses in the telecommunications, financial services, and healthcare sectors.

The investment from Sandberg Capital will be used to support Quantox Technology’s growth and expansion plans.

The company plans to use the funds to open new development centers in Europe and the United States, as well as to invest in new technologies.

The investment from Sandberg Capital is a vote of confidence in the Serbian IT sector.

It is also a sign of the growing interest of international investors in Serbia.


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