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CogniSync secures 1M
July 22, 2024·1 min read

Joy Laoun

News Editor, Vestbee

Romanian AI startup CogniSync secures €1M pre-seed from Early Game Ventures

Romanian AI startup CogniSync, which aims to optimize workflows for companies and teams, has secured a €1 million pre-seed funding from Early Game Ventures, as Vestbee was told. This investment marks the second one that EGV has signed as part of its newly launched Early Game Fund II.

  • Co-founded by Luca Mateescu and Alex Vesa, CogniSync offers an AI-based service that provides expert operational, compliance, and legal advice to businesses and their teams. The platform helps users avoid mistakes in emails and documents by identifying potential misalignment with internal practices and providing links to relevant documentation.

“Having managed large teams in fast-scaling enterprises, I understand that internal alignment and continuous learning is paramount for all enterprises as they scale – CogniSync aims to automate this process,” co-founder and CEO of CogniSync, Luca Mateescu, explained.

Details of the deal 

  • The pre-seed round was backed by Early Game Ventures, a Bucharest-based venture capital firm that recently launched a €60 million Fund II to support early-stage startups operating within Europe’s emerging markets.
  • Earlier this month, Early Game Ventures closed its first deal out of its second fund. The firm invested €900,000 in Polish-founded cybersecurity startup Relock.
Deals#News#Romania

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