What's inspiring me, my partners, my projects, my clients and the Romanian global business owners. I want to develop the role of «The Ambassador of Romanian Entrepreneurs», so we should start to promote regularly the Romanian Founders ;)). Welcome to CV Founders Digest. Let's PRomote Romania better. Let's get straight to the main topics of this week.
The Romanian Founder of the Week
One news that should be on the radar of the Romanian mainstream media, TV outlets, business online magazines and quality newspapers: the Romanian entrepreneur Emi Gal launched the Ezra startup and he is building his team and the market to potential patients at risk for prostate cancer. Ezra announced that it raised a $4 million seed round led by Accomplice, the health-focused VC that funded PillPack before it was acquired by Amazon for nearly $1 billion.
Scale-Up of the Week
- UiPath, the Robotic Process Automation (RPA) market leader, founded by two Romanians- Daniel Dines and Marius Tirca, has closed an extension of its Series C financing with a strategic investment from IVP, Madrona Venture Group and Meritech Capital.
If you want to meet a Romanian entrepreneur who internationalised his business (Marius Hanganu, co-founder of Tremend), I personally invite you to our next Start-Up Bridge Meetup, organised in Bucharest. Start-Up Bridge is a project aimed at the internationalisation of Romanian businesses, launched to help entrepreneurs and companies to expand on external market. Register here.
Start-Up of the Week
- Sypher, a Romanian startup that has developed a GDPR conformity platform, managed to raise a EUR 300,000 financing less than a year since its launch. The investment comes from the investment fund GapMinder and also from a private investor who provided the financing.
Investment & Fundraising
- Instant Factoring, a Romanian startup that offers online micro-factoring for SMEs, has received a financing of EUR 1.5 million from an investment fund in the United States.
Quote of the Day
“The CEE region startup ecosystem is still in a sort of “gold rush” phase and offers many opportunities for founding, investing or collaborating.” (Entrepreneur.com)
Chart of the Day
Europe’s attractiveness as an investment destination has risen compared to 2017, according to Invest Europe’s Global Investment Decision Makers Survey 2018. Key factors in Europe’s increased appeal are its skilled workforce, stable regulatory climate, and leadership in innovation.
Public Policy that made my week
Public administration consists of institutions that facilitate and enable citizens to live together. A mini-guide to public sector innovation in Switzerland. (Link)
Who impressed me this week from the list of managers and entrepreneurs I work with
Bogdan Bocse, co-founder of Visage Cloud, who told me in an one-to-one discussion: “The success of your competitor or your client’s postponement must not make your mind dark, for a dark mind is an ineffective mind.
The Competition
Telekom Romania announced the winners of WeAccelerate, the program that supports 10 startups, worth 100,000 euros, in a project developed in partnership with the WeLoveDigital hub
The Book
Crushing it – Gary Vaynerchuk (published in Romanian by Publica)