CODA Intelligence is one of the first companies that entered ROCA X’s portfolio, in 2019. To support the founders’ plan to develop a product mainly destined to the US market, a syndicated funding was needed, initiated by ROCA X.
“Less than five years since the fund’s creation, this significant exit from a startup supported from its early stages proves ROCA X’s capacity to identify raw precious stones and cultivate a portfolio of startups with exponential growth potential. The exit also conforms the potential of the Romanian market,” stated Alexandru Bogdan, CEO of ROCA X.
ROCA X is a member of Impetum Group, the Romanian group that also includes CITR and ROCA.
(English version by Catalina Apostoiu)