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GapMinder II Announces First Investment: Genezio Startup Co-Founded by Andrei Pitis

Investment fund GapMinder II has led a EUR2 million funding round in Genezio, a startup co-founded by Andrei Pitis, announced Dan Mihaescu, a founding partner at the fund.

From Romania, a new fund for deeptech start-ups with global ambitions

The fund is run by the same team who have for the past six years been managing GapMinder Fund I, a 50 million euros fund that has contributed significantly to the development of the tech start-up environment in Romania.

EBRD Commits €10 Million to GapMinder Fund II to Foster Tech Innovation in Romania and Beyond

EBRD Commits €10 Million to GapMinder Fund II to Foster Tech Innovation in Romania and Beyond
news.europawire.eu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from news.europawire.eu Daily Mail and Mail on Sunday newspapers.

GapMinder Ventures launches Romania s largest 80 million Fund II to drive innovation across SEE

  Romania~ In short: GapMinder, founded in Romania, announced that GapMinder Fund II, a venture capital fund with a target amount of €80 million, is already operational. Key investors include the European Investment Fund (EIF) through InvestEU and National Recovery and Resilience Plans, and the European Bank for Reconstruction and Development (EBRD). Their strategy will […]

8 investors tell us the story behind the Romanian startup boom – TechCrunch

8 investors tell us the story behind the Romanian startup boom With record funding levels and three unicorns to show, local investors are buoyant about Romania’s prospects heading into 2021. We caught up with eight of them recently, and heard how the country’s technical talent pool, broadband access and low cost of living have positioned it for the era of remote-first global companies across industries. The momentum from last year includes 58 startups that raised total funding of €30.39 million, according to a new report just out from long-time Romanian conference How To Web. This represents a 6% increase in the volume of investments overall, and a 51% increase of investments year on year overall. A significant part of these numbers came from companies raising money for the first time.

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