“Alexandru Bogdan has been part of the ROCA X team ever since inception, contributing to the development of the project with his transversal skills of product design, user and customer experience, digital and expertise in the IT sector. In the interaction with start-ups, he turns to advantage his background as entrepreneur, growth marketer, as well as his passion for technology,” according to ROCA X representatives.
In early 2020, ROCA X announced its involvement in five new start-ups, with its total portfolio currently including 14 technology businesses.
The ROCA Investments platform was established in 2018, with a capital of EUR4.5 million. During the first year, it carried out three transactions and increased its capital to EUR12.8 million. In 2019, ROCA Investments carried out five other new transactions.
ROCA X has recently attracted a new round of financing raising its share capital from EUR2.7 million to EUR4 million.
In early 2020, ROCA, alongside CITR, the leading player on the local insolvency market, came together in a joint group called Impetum Group, with a capital of EUR40 million. The founders of the three companies aim to triple their capital, in five years, to reach EUR120 million.
ROCA X was set up by the investment division of CITR Group, BT Asset Management, Grampet SA, Liviu Stoleru, Lucia Costea, Oana-Ionela Luca, George-Mircea Tarnoveanu and Marius Alexe. The fund offers financing of EUR50.000 to EUR0.5 million.