Made in Emerging Europe: ProductLead, Freya Capital, Pactum
May 3, 2021
Emerging Europe’s start-up scene is thriving, and has hit the 2021 ground running: new money is pouring into the market all the time. To keep you up to date with the latest investments, innovations, movers and shakers, each Monday
Emerging Europe brings you a handy round-up of the region’s start-ups which closed financing rounds over the previous seven days.
Mihai Bocai and Alexander Stoica-Marcu, founders of ProductLead
Romania’s ProductLead lands 600,000 euros for creative automation
Bucharest-based start-up ProductLead has closed a 600,000 euros funding round from Sparking Capital along with Eleven Ventures (Bulgaria) and Founders Bridge (Sweden) investment funds.
Polish VC investment fund Freya Capital joins PFR Starter programme
Freya Capital – a venture capital fund that aims to provide investment support to early-stage companies – has been added to the latest edition of the Polish Development Fund (PFR) Starter programme. The total capitalisation of Freya Capital is PLN64 million.
Freya Capital intends to invest in seed/early-stage companies operating in Europe, with high growth potential and plans to expand into international markets. In the course of its cooperation the fund will support enterprises on the merits and business-wise, benefiting from the knowledge of its partners.
Freya Capital was established by a team of experienced entrepreneurs – Hubert Anyżewski, Zbigniew Barwicz, Jan Grochowicz and Michał Lewandowski – who, prior to establishing Freya Capital, had founded, developed and sold more than 10 companies with a total value exceeding PLN800 million.