Category: Business

What a successful portfolio looks like: Early Game Fund I at the end of 2024

What a successful portfolio looks like: Early Game Fund I at the end of 2024

Early Game Ventures, the most active venture capital investment fund in Romania and one of the most active in CEE, announces the performance of its first fund – Early Game Fund I. The startups in the portfolio had total annual revenues of more than 43 million euros and a total headcount of more than 400 employees in 2024. Some of […]

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SalesOMMO Opens New €300,000 pre-seed round to drive growth, backed by strong sales expertise and tech integrations

SalesOMMO Opens New €300,000 pre-seed round to drive growth, backed by strong sales expertise and tech integrations

SalesOMMO, the pioneering startup focused on enhancing the human element in sales, has announced the opening of a €300,000 pre-seed funding round aimed at accelerating product development and advancing its vision for the future of sales technology. The round, which welcomes investments starting from €25,000, is now open to new investors seeking to support a disruptive force in sales innovation. […]

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Pentest Copilot has become Pentra and will launch its product in October

Pentest Copilot has become Pentra and will launch its product in October

Pentra is a cybersecurity start-up founded by high school students, the youngest team EGV has ever invested in Pentest Copilot, a cybersecurity startup finalist at the Innovation Labs 2024 and selected by Early Game Ventures to receive funding, has become Pentra. The company, founded by 3 high school students, two of whom have not turned 18 yet, is preparing the […]

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Energy startup Ogre AI secures a EUR 3 million investment round led by VERBUND X Ventures

Energy startup Ogre AI secures a EUR 3 million investment round led by VERBUND X Ventures

Ogre AI, the Romanian-British energy tech startup focused on data science and specialized in providing AI-based forecasting solutions for the energy sector, recently closed a new investment round of EUR 3 million. VERBUND X Ventures, the corporate venture capital arm of the Austrian main electricity supplier VERBUND, lead the round and other investors including well-known partners such as Early Game […]

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TotalSoft announces a 19% increase in turnover in Q1 2024

TotalSoft announces a 19% increase in turnover in Q1 2024

TotalSoft, one of the largest providers of digital business solutions in Central and Eastern Europe, announces a 19% increase in its turnover for Q1/2024 versus Q1/2023, to EUR 8.9 million. The company also set a conservative target of 11% increase in its turnover in 2024 compared to the previous year, in line with the average market growth estimated for this […]

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SeedBlink’s Equity arm empowers EGV and their portfolio startups with efficient equity management tools

SeedBlink’s Equity arm empowers EGV and their portfolio startups with efficient equity management tools

SeedBlink, the all-in-one equity management and investment company, announces a partnership with early-stage venture capital firm EGV – Early Game Ventures. As part of the collaboration, EGV will deploy the SeedBlink Equity product for its portfolio companies to streamline their equity management and elevate equity to a strategic asset. With the recent announcement of Early Game Ventures Fund II, a […]

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Early Game invests 1 million Euro as a pre-seed investment round in CogniSync, a pure-AI Romanian start-up

Early Game invests 1 million Euro as a pre-seed investment round in CogniSync, a pure-AI Romanian start-up

Early Game Ventures (EGV) invests 1 million Euro in CogniSync, a pure-AI startup created by a Romanian team of founders. CogniSync is developing a new tool for optimizing workflows as companies and teams scale by surfacing internal best practices and revealing any potential misalignment with compliance or legal standards while leveraging data owned exclusively and securely by the enterprises where […]

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Early Game announces the first investment of its newly launched EGV Fund II

Early Game announces the first investment of its newly launched EGV Fund II

Early Game has just invested 900,000 EURO in Relock, a Polish cybersecurity startup developing a new technology to protect APIs, as part of a pre-seed round, following its #leadearly credo once again. Relock provides real-time protection of access to company’s APIs and data they exchange, while ensuring immediate threat detection and fail-safe disconnect of any attack attempt. APIs are the […]

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Only two months after being approved by the EIF Board, Early Game Ventures launches its second investment fund

Only two months after being approved by the EIF Board, Early Game Ventures launches its second investment fund

First closing occured on April 25 and marks the official launch of the second Early Game Ventures investment fund, which has a total value of 60 million euros. The new fund will invest exclusively in early-stage technology startups, continuing the thesis of the first Early Game fund. It will focus on areas such as cyber security, enterprise software, and AI […]

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BASF Group: Reporting on the 2023 business year

BASF Group: Reporting on the 2023 business year

In a market environment shaped by economic uncertainty, BASF Group reported sales of €68.9 billion in the 2023 business year, compared with €87.3 billion in the previous year. This sales development was mainly driven by considerably lower prices and volumes. Lower raw materials prices in particular led to lower prices in almost all segments. Sales volumes fell in all segments […]

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Limitless Agency ended 2023 with a turnover of €4.25 million, up 31%

Limitless Agency ended 2023 with a turnover of €4.25 million, up 31%

Limitless Agency, one of Romania’s main digital marketing agencies, reports a turnover of 4.25 million euros in 2023, up 31% compared to the previous year, becoming one of the largest profile companies in a fragmented market. Limitless Agency’s growth is due to the development of the digital marketing market and new investments, the expansion of the client portfolio, and the […]

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The Romanian software company Softeh Plus, fully acquired by the Polish Group Symfonia

The Romanian software company Softeh Plus, fully acquired by the Polish Group Symfonia

Softeh Plus, a Romanian company with over 30 years of experience in the software ERP industry, announces the full acquisition by Symfonia. Symfonia is a market leader in ERP and HCM software solutions for small and medium-sized companies in Poland and is backed by the two leading technology investors: Accel-KKR from Sillicon Valley, as well as MidEuropa from Central Europe. […]

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