The round was led by GapMinder VC, with the participation of Underline Ventures and other angel investors.
This is the first investment made by Gapminder Ventures from their second fund that was launched in 2024 and has €80 million size.
With this funding of USD 2 Milion, Genezio will implement the go-to-market strategy and develop enterprise features, as current use cases include web, mobile, blockchain, AI, and automation apps.
Founded in 2023 by Andrei Pitis, Bogdan Ripa, Bogdan Vlad, and Paula Cionca, Bucharest-based Genezio (https://genezio.com/) develops a platform for modern full-stack developers. The startup provides various environments, databases, authentication, giving users all the tools to build, deploy, test, and scale their apps. Genezio optimizes cloud deployment to run efficiently, saving power, memory, and costs.
GapMinder (https://gapminder.vc/) is a Venture Capital Fund which aims at providing capital in Seed and Series A rounds for Romanian born start-up companies in the Technology Sector.
SAA dedicated team was led by Partner Cristina Man and also included Associate Adriana Ion.
For any other information on this, please feel free to contact Delia Bijnea (Head of Marketing and Communications) at DBijnea@saa.ro.
