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iCEE.fest: Upgrade 100 2019 – Bucharest

June 13, 2019 - June 14, 2019

iCEE.fest 2019, the biggest festival in Central and Eastern Europe dedicated to internet and technology transformations to be held in Bucharest, brings a series of investors who have hundreds of millions of euros in the stakes.

UPGRADE 100 is the new format of iCEE.fest, and start-up.ro supports the pitching competition The UPGRADE 100 Floors Elevator, which allows startups in Romania and not only to fight for a 50,000-euro prize offered by the investment fund venture capital venture GapMinder Venture Partners.

The festival announced the two-day agenda , which included several events in parallel.

At the second session, UPGRADE Stage 2, there will be investors who have hundreds of millions of euros in accounts. Among those who will discuss the most important investment aspects for startups in the region are:

  • Dimitris Kalavros-Gousiou – Velocity Partners VC
  • Ondrej Bartos – Credo Ventures
  • Mihai Sfinţescu – Abilito Capital
  • Iulian Cîrciumariu – V7 Capital
  • Dragoş Stănescu – O Day Capital
  • Cosmin Ochişor and Dan Mihăescu – GapMinder Venture Partners
  • Mihaly Szalontay – Flashpoint Venture Capital
  • Mălin Ştefănescu – TechAngels Romania
  • Panagiotis Karampinis – Endeavor Greece
  • Krzysztof Palucki – OTB Ventures
  • Vlad Buşilă – Mozaik

Gap Minder is a venture capital fund in Romania with a focus on startups that develops software and services. We also wrote about it last year when founder Dan Mihăiescu stated that the fund will have 26 million euros for investments in local startups or in Central and Eastern Europe, with the final fund size of 40 million euros .

The last investment of Credo Ventures was worth 56 million euros, with total assets of 127 million euros. One of the startups he invested in is UiPath, the first Romanian unicorn.

OTB Ventures is another firm that makes significant investments in startups. The last two investments amount to 3.3 million euros and 34 million dollars. It is a venture capital firm in Central and Eastern Europe that invests in start-up growth, post-product, high-tech, with unique technologies.

Flashpoint Venture Capital recently launched a 50m-euro investment fund for startups in Central and Eastern Europe.

The latest investments made by Velocity.Partners VC, whose value is public, were 300,000 euros and 380,000 dollars.

The Flashpoint investment fund has invested $ 49.3 million so far.


June 13, 2019
June 14, 2019
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Grand Digiplex Baneasa Mall
Soseaua Bucuresti-Ploiesti 42D
Bucharest, 013696 Romania
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