Vector Watch, a wearable technology provider, raised $5m in funding.
The round was led by Bucharest-based Gecad Group with participation from Catalyst Romania and others.
The company intends to use the funds for research and development.
Led by Joe Santana, CEO, Vector Watch develops proprietary low power operating system for wearables which allows its current range of Luna and Meridian smart watches to run on a 30-day battery life. Vector’s models are manufactured from stainless steel.
The company has offices in London, Silicon Valley, Amsterdam, Hong Kong and Bucharest.