“We’ve recently attracted a new funding round from existent shareholders in a bid to support development plans. Certainly, as things happen and there are confirmations of the strategy we mentioned, we are ready to raise new sums to sustain our development,” said Raul Ciurtin.
At end-2021, Verdino raised EUR4 million from investors, with a large part of the sum coming from BlackPeak Capital.
Raul Ciurtin says the business is focusing on expanding its product range in Western Europe, but Romania remains a major market for it. According to him, total investments in Verdino have now reached EUR10 million.
(English version by Catalina Apostoiu)