EGV invests €1.2 million in Servo AI

Business Forum
Early Game Ventures (EGV) has announced a significant seed investment of €1.2 million in Servo AI, a local startup leveraging computer vision and AI to deliver real-time insights for brick-and-mortar businesses, including retail and HoReCa.

This investment, fully funded by Early Game Fund II, aims to transform how traditional businesses utilize CCTV camera footage, turning passive surveillance into active, intelligent data collection.

Servo AI enables physical establishments to optimize operations, staffing, customer service response times, and enhance security through real-time monitoring and analysis of live video streams. The insights provided by Servo AI can be used to streamline workflows and improve service quality.

Amit Frenkel, Founder & CEO of Servo AI, said: "This strategic investment from Early Game Ventures will enable us to accelerate our mission of empowering brick-and-mortar businesses with the same level of data-driven insights previously exclusive to online platforms. We are excited to expand our reach and bring our innovative AI solutions to a wider market."

With the fresh funding in place, the startup plans to expand its operations into Romania, establishing a technical hub and recruiting a core product development team to capitalize on the country's skilled workforce. 

Servio AI also intends to extend its sales efforts across CEE countries.

RECOMMENDED
RECOMMENDED FROM THE HOME PAGE
Electro-Alfa plans IPO on BVB
Finance

Electro-Alfa plans IPO on BVB

Electro-Alfa International, a Romanian electrical equipment manufacturer, has announced plans for an Initial Public Offering (IPO) on the Bucharest Stock Exchange (BVB).

Industry

Life sciences M&A surges 81% as big pharma hunts for growth, says EY

Global life sciences M&A activity increased by 81% in 2025 to $240 billion, driven by Big Pharma's large-scale deals, despite fewer overall transactions. The surge reflects companies prioritising innovations ready for launch as they face widening growth gaps.

Finance

Romania launches first 2026 Fidelis bond IPO on stock exchange

Romania's Ministry of Finance will conduct its first public offering of Fidelis government bonds for 2026 between January 16 and 23 on the Bucharest Stock Exchange. This marks the 32nd offering since the Fidelis program resumed in July 2020.

READ MORE
Business Forum  |  16 January, 2026 at 5:00 PM
Business Forum  |  16 January, 2026 at 4:13 PM