Portfolio developed an AI-powered platform that automates news and audiovisual content pre-screening, significantly reducing editorial turnaround times.
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.
Energy company Electrica informs investors and the capital market that it has obtained the technical grid connection permits (ATR) for 17 new battery energy storage projects (BESS), with a total capacity of approximately 700 MWh.
The European Retail Banking Radar, Kearney's latest study now in its 18th edition, shows that Europe is entering a period of normalisation following the conditions of 2023–2025. For Romania, the challenge extends beyond the normalisation of interest rates.
Digi Spain has announced its intention to launch an initial public offering (IPO) on the Spanish stock exchanges, aiming to raise approximately €150 million.
Romania's national electricity transmission network operator, Transelectrica, has halted scheduled maintenance shutdowns to ensure the grid operates at maximum capacity during an ongoing extreme heatwave. The preventive measures aim to mitigate operational risks associated with severe weather conditions.
The European Commission has approved, under EU State aid rules, Romanian measures for the national investment and development bank Banca de Investiții și Dezvoltare (BID).