22.8 C
Bucharest
August 18, 2022
BUSINESSBUSINESSCOMPANIESECONOMY

Catalyst Romania II invests 1.2 million Euro in SeedBlink, as the lead investor of the 3 million Euro Series A financing round

  • Vision: to shape Europe’s tech investments future, with expansion into EU starting in the second half of 2021
  • Democratize the access to investing in innovative, private tech companies from Europe
  • Pekka Mäki and Ted Cominos join the Seedblink Board of Advisors

Catalyst Romania Fund II – one of the most important VC funds in the region, having Marius Ghenea as Managing Partner – joins SeedBlink’s endeavor to expand into EU and to support the tech start-up ecosystem, by investing 1.2 million Euro as the lead investor in the Series A 3-million-Euro round.

SeedBlink – the investment platform with the highest growth in Europe had already collected, as part of this Series A round, 1.1 million Euro in record time, at the end of May, via equity crowd funding on its own platform. The rest of the financing came from Catalyst Romania Fund II and other local and international investors. The transaction was assisted by Stratulat Albulescu Attorneys at Law.

“Catalyst Romania has a proven track record of successfully investing in tech companies and playing an active role within the portfolio companies towards great exits. SeedBlink has the potential to remove the traditional barriers of the financing process, both for investors and for many innovative tech start-ups, across Europe. Platform & market growth will create the opportunity for much more participants – entrepreneurs & retail investors – to benefit from this democratization of the equity investment process. We’re excited to support SeedBlink’s team towards the achievement of this mission” declared Marius Ghenea, Managing Partner Catalyst Romania.

 

 Vision: expansion into European Union starting Q3 2021

 

SeedBlink’s vision is to shape Europe’s tech future by building an investment platform that blends the audience of the crowd, the flexibility of the angels, and the structure offered by a VC.

SeedBlink’s Board of Advisors, led by Radu Georgescu, welcomes two new members: Ted Cominos Jr., a Chicago based corporate lawyer with more than 20 years of M&A, cross border, and private equity/venture capital experience, and Pekka Mäki, Managing Partner 3TS Capital Partners, who brings a lot of expertise in venture capital and equity crowdfunding, and is passionate about Europe’s tech investment outlook.

“We democratize the access of the individuals to private investments in start-ups, aiming to offer them the best tools for managing the portfolio strategy, and the infrastructure needed to present them with the same advantages and best practices from the venture capital world. This financing round confirms the trust gained by our vision to accelerate the tech innovation in Europe by supporting the entrepreneurs with “smart money”, said Radu Georgescu, Chairman of the Board, SeedBlink.

 

 Remarkable results during the first 19 months of activity

 

 

With a community of 6,000 investors from 15 countries, SeedBlink launched 47 financing campaigns in the last 19 months, with companies headquartered in five different countries. This way, it helped many tech start-ups (including the SeedBlink own platform) to raise investments exceeding 21 million Euro from private individuals and VC funds, with 49% of the amount via equity crowdfunding.

 

 

Related posts

Solar Park to open on EUR 65 M investment

Nine O' Clock

Effectively Addressing the Risk of Corruption – Tonucci & Partners on the Anti Bribery Management System ISO 37001:2016

Nine O' Clock

Will Trade Registry shift under CCIR?

Test