Over half of Roca X’s initial backers doubled their stakes, a spectacular percentage at a time when investments are on hold.
“At this time when the business environment needs recalibrating and support, we’ve intensified our collaboration with start-ups. Our interventions and help have been minimal because most companies were quick to adapt to the new situation. This agile and responsible behavior give us confidence that tech start-ups will mobilize, readjust and will look at the current context as an opportunity for growth,” said Alexandru Bogdan, Senior Investment Manager at Roca X.
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.