November Portfolio Updates - SeedBlink Alumni
This month we welcome FLOWX, Income, and Sypher to the cohort! They have been successfully backed by our investor community and will benefit from our ongoing support and network.
Each month, we bring you a brief summary of the new milestones reached by the companies funded on SeedBlink, and provide insight into their activities and excitement.
FLOWX AI raised $8.5 million, one of the biggest seed rounds in Europe this year. The round was led by PortfoLion, and saw the participation from Day One Capital and SeedBlink investors.
EcoTree raised another $500K to digitize waste management in Romania. The news follows the company’s first financing round of $250K last year - from Sparking Capital and SeedBlink, and brings the company’s total investment pool to $750K. Other follow-on rounds are in progress or soon to be closed. (See explainer article here).
MOCAPP and Oveit (Streams.live) announced a partnership that will allow Romanian online stores to increase their sales with Live Shopping - the latest innovation in global e-commerce, offering consumers the opportunity to be guided by influencers when shopping online.
Jobful released the whitepaper Recruitment Trends That Will Dominate 2022. They’ve been closely communicating with all kinds of HR-related professionals, from agencies to companies to solution providers, and decided to put together a guide that includes everything from the state of recruitment in 2021, to the challenges that will dominate the conversation in 2022.
Milluu, the PropTech startup that has developed a complex platform for digitizing property management processes, plans to raise €3 to €5 million in new funding next year, to accelerate its expansion regionally. Early next year, the start-up will enter new cities in Romania but also expand abroad, Warsaw (Poland) being the first foreign city targeted.
Procesio’s team travelled to Berlin to attend The Business Booster by EIT InnoEnergy, on Nov 3rd-4th. Marian and Mihai gave a pitch about how Intelligent Automation with PROCESIO can give SMEs the edge when innovating for increasing process effectiveness, optimization, and agility. They have met & exchanged ideas with industry experts and representatives from other companies working in energy innovation.
R- CREATE and DPD offer the first integrated returnable packaging solution for the online stores on the Romanian market, for the needs of the responsible consumers, by providing a retail experience with less waste. In addition, the solution makes important operational optimizations, eliminating the need to shop bulky cartons and reducing packing times.
SanoPass launches strategic partnership with AFFIDEA ROMANIA. The 1 million patients of Affidea and Hiperdia centers will be able to access all medical services faster, directly from their digital platform.
Undelucram.ro will focus in 2022 on increasing the recruitment service coverage and their CV base. They have observed that their over 750,000 users want to apply in the exact same place where they are notified about jobs.
Undelucram.ro has embarked on a repositioning process, redefining the relevance of the platform by taking into account the realities of the pandemic context. The KUBIS strategy team outlined a solution that would place the brand – currently positioned as an outsider -directly in the challenger's chair.
Voxa, the mobile app offering unlimited access for audiobooks and e-books in Romanian & English, is now available for the Romanian public on smartphones and tablets running Android and iOS. The service launches with a portfolio of 1,770 hours of audiobooks and over 200,000 pages of e-books in Romanian, as well as numerous titles in English.
We help startups in raising more than just capital. We see startup support as a long-term relationship and want to maintain close ties with our Alumni community. One of the most important aspects is assisting them in hiring talent and building teams to ensure the success of their venture. To see the up-to-date job openings of our portfolio companies, click here.
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By Bianca Iulia Simion
PublishedDecember 01, 2021