The Series A investment is led by True Ventures, a venture capital fund from Silicon Valley, with the participation of Early Game and Play Ventures.
The company also announces Daniel Vaum's promotion to manager of the purchasing department as part of its strategy to optimize internal processes.
The startups in the Early Game Fund I portfolio reached annual revenues of 43 million euros and over 400 employees.
At the end of March the portfolio of contracts and orders of the company is stabilized at €24.6 billion, while the number of employees increased by 2%, to 75,482 people.
The company estimates a William Grant & Sons portfolio turnover of up to RON 55 million over the first 12 months
Morphosis Capital Fund I Cooperatief UA, a growth capital fund, posts a combined turnover of €100 million in 2023 for its portfolio companies.
The study reveals that 83% of Romanians have a plan for their upcoming vacation season. Only 6% do not intend to go on holiday, while 12% have yet to finalize their arrangements.
Travel tech company FlixBus is adding new international coach connections from Romania to Greece and bolstering existing routes to Bulgaria.
EDP, through its subsidiary EDP Renewables, has opened its largest solar park in Romania, located in Albina, taking its total solar and wind capacities in the country to 570 MW.
Romanian patients wait, on average, 460 days to access innovative medicines, even after these therapies have been approved for reimbursement by the National Agency for Medicines and Medical Devices (ANMDM).
The German tech company cbs purchased the SAP division of Romanian company SkyConsult, marking its entry into the local market.