The new markets under consideration are from northern Europe, South America and the Middle East. To support a rapid business expansion, the startup is already in talks with a major investment fund of Romania to raise the first funding.
At present, Octavic has around 20 clients of various industries.
Paul Harfas, Octavic co-founder, says the number of clients in 2022 rose by 50% from 2021, which in estimated revenues for end-2022 means around EUR300,000, should no new contracts be signed in the next two months.
(English version by Catalina Apostoiu)