LAUNCHub welcomes 6 new portfolio companies and one is RomanianComments Off on LAUNCHub welcomes 6 new portfolio companies and one is Romanian May 7, 2014 | Romanian Startups
Style Jukebox is a cross-platform, mobile and desktop app, for music storage and streaming solution that automatically synchronizes music and playlists and offers the easiest way to play music, both online or offline.
The LAUNCHub Seed Fund (Bulgaria) announced today, 5/7/2014, six new investments finalized late in April 2014, thus welcoming these six new companies on board. The latest investment decision followed the dedicated selection run launched earlier in February 2014.
With the new six teams on board, LAUNCHub’s investments now span the European map across Southeastern Europe. The portfolio has now increased to 41 companies in 7 countries in Europe – Bulgaria, Macedonia, Romania, Croatia, Greece, Slovenia and Ukraine. Throughout its two years in operations the LAUNCHub Seed Fund has invested over 3 million Euros in the digital tech sector in the SEE region. In the same time, the Fund has attracted more than 3 million Euro of co-investment funds for its portfolio companies, seeing through two Series A rounds and participating in joint rounds some ranging up to 400K Euro.
The newcomers on board include Bulgarian teams AdTapsy, Clusterize, CM2W and Zeduki, Slovenian Enolyse and Romanian Style Jukebox. With the latest investments finalized, over 120 founders have now become members of the LAUNCHub family with opportunities for collaborating together in reaching new dimensions in business and technology.
And there is yet more hot news coming from LAUNCHub. The 9 million Euro Seed Fund is partnering with Digitalk and Mini Seedcamp for an incredible digital marathon in the end of May in Sofia.
Mini Seedcamp Sofia will take place on May 29, 2014 and is an excellent opportunity for startups to network and get immediate valuable feedback from leading experts. The best three teams will get the unique chance to pitch on the mainstage at DigitalK.
Mini Seedcamp Sofia will be organized for a second consecutive year as part of the strategic partnership between LAUNCHub and Seedcamp, Europe’s leading micro-seed investor and mentoring programme. Please apply via AngelList or f6s before May 14, 2014 (apply here).
LAUNCHub is also one of the main organizers of the DigitalK Conference, a leading two-day technology event in SEE. The digital-tech event is coming up on May 29 and 30 in Sofia, Bulgaria and this year will bring together 900+ startup founders, investors, entrepreneurs, business leaders, featuring a distinguished guestlist of keynote speakers, brought to you with the special contribution of LAUNCHub.
And last, but not least, LAUNCHub is up for new applications and a new dedicated selection run is scheduled to open on May 12, 2014. Check the LAUNCHub website and social media channels.