Holotech Studios SRL, a Bucharest, Romania-based animation software company, raised $2m in funding.
Value4Capital, the Poland and Central Europe focused mid-market private equity firm, is preparing to launch its next fund, with a €150m target size.
UiPath, a robotic process automation software company, raised $30m in Series A funding.
Solina, a European producer of savoury ingredients for the food industry, is to complete the acquisition of Supremia Grup from Levente Hugo Bara, the founder and owner of the company.
The European Investment Fund and the Romanian Ministry of European Funds have launched a €59.3m funds-of-funds for SMEs.
Vector Watch, a wearable technology provider, raised $5m in funding.
123ContactForm, a Timisoara, Romania-based provider of web forms and surveys for companies and NGOs globally, received an over $1m minority investment. Private equity growth and venture capital fund Catalyst Romania* made the investment. The company intends to use the funds to develop new products, increase marketing efforts, and expand its team of 42 people. Founded […]
Digital Catalyst Fund, a Bucharest, Romania-based early-stage business incubator officially launched. Founded by Cristian Burci, the Digital Catalyst Fund aims is to provide funding and counsel for entrepreneurs and start-ups from the United States and Europe, and to connect them with tech teams in Romania. To this end, it has pulled together a board of international […]
Profi Rom Food, a Romanian large food retail chain, has received a €10m investment from Enterprise Investors-managed Polish Enterprise Fund VI. PEF IV controls 100% of Profi since 2010, when it acquired the chain in a €66m transaction. The capital increase will finance the accelerated expansion of the company through new store openings and the […]
Smartree Romania SRL, a Bucharest, Romania-based human resources outsourcing company, has revieved a €3m majority investment from Enterprise Venture Fund I (EVF), the venture capital fund managed by Enterprise Investors (EI). The deal allows EVF to take a 56% stakein the company. The capital infusion will enable Smartree, which currently provides HR outsourcing services such […]
The European Investment Bank (EIB) is lending €50m to Piraeus Bank Romania to finance permanent working capital increases, as well as projects of small and medium-sized enterprises (SMEs) in Romania. This loan is specifically designed to support projects promoted by SMEs in the areas of industry, services including tourism, agriculture, health, energy, environmental protection and […]
Syntaxis Capital, a Vienna and Warsaw-based mezzanine capital provider, announced the first closing of its second Central European mezzanine fund, with aggregated commitments of €140m, just over half its targeted amount. Syntaxis Mezzanine Fund II follows on the firm’s main fund which reached the final closing at the end of 2008, which collected under €120m, […]
InternetCorp, a Romanian independent online media company, has received a minority investment from 3TS Cisco Growth Fund, the venture capital vehicle managed by Central and Eastern Europe investor 3TS Capital Partners. InternetCorp has a strong presence in the Business Publishing, Women’s Lifestyle and General News segments. Established in 2005, the company showed significant growth during […]
The European Bank for Reconstruction and Development (EBRD) approved a €150m financing package for three subsidiaries of Raiffeisen International Bank-Holding AG in Ukraine, Romania and Russia in order to support their lending to enterprises. Under the package, subordinated loans attributable to Tier 2 capital will be provided as follows: – €100 million equivalent to Raiffeisen […]
According to an official statement, the European Investment Bank (EIB) is providing two intermediated loans to support the projects of small and medium-sized enterprises in Romania: €80m to Bancpost S.A. and €60m to EFG Leasing IFN S.A. The loan to Bancpost Romania will finance small and medium-scale projects promoted by SMEs in various sectors of […]