ROCA X, Romanian investment fund for start-ups and technology dedicated to disruptive European business

By Jerom Bolt
ROCA X is a Romanian initiative, a technology investment fund, aimed at disruptive businesses at the beginning of the road that aims to be a regional player, with access to European technology companies. ROCA X’s ambition is to create a bridge between the tech companies, the human resources needed for their development, the private and institutional investors and the worldwide markets, with an extremely fast way of making investment decisions.
ROCA X is an intelligent tool, whose target audience are young entrepreneurs with revolutionary ideas in the technology area, in the MVP or prototype stage, with the vision of having an impact on society and with the passion to turn this desire into reality. ROCA X does not operate in a certain niche but actively monitors both the evolution of some areas of the tech market: blockchain, AI, fintech, as well as new trends in technology, derived from the new dimensions of the development of society and humanity.
After evaluating more than 150 start-ups in just a few months, ROCA X already has five investments worth 600,000 Euros. The businesses included in the ROCA X portfolio at the moment are Feel European digital platform that centralizes access to health services, Beez – a cashback solution, Feexers – a marketplace for household & beauty services, Betmarkets – a solution that turns sports bets into tools investment and PatchAI, virtual assistant for patients involved in clinical trials.
“ROCA X aims to identify fresh ideas from the European market, with a focus on technology businesses, whose potential is evaluated and validated by the team of specialists behind the initiative. ROCA X works as a gadget that converts the team’s know-how and expertise into resources geared towards accelerating the evolution of innovative business. My belief is that today we are at the point where all successful businesses need important technology components. We aim to identify the value of the entrepreneurs who believe that the future belongs to them and we offer them management knowledge to model themselves this future, “said Andrei Cionca, the initiator of the project and the president of the ROCA X. Supervisory Board.
Currently, in the pipe line ROCA X there are almost 20 companies, which are in various stages of analysis: fintech, proptech, bigdata & AI companies as well as start-ups in the medical and green energy fields. These quick placements prove the acute need for such a flexible and fast financial instrument.
The founding shareholders of ROCA X are exclusively Romanian natural and legal persons, who are majority in the first investment in the technological field, who understood that the future in business is undoubtedly related to the evolution of technology. They put together for the beginning of this initiative 2.7 million Euros.