bpv GRIGORESCU STEFANICA assisted Romanian start-up INNOSHIP on its Seed financing from venture capital fund GapMinder VC13 August 2020
We are pleased to announce that a team including Catalin Grigorescu, partner and head of technology practice, and Radu Zmaranda, CIPP/E, associate, advised Innoship Technology and its founders on their seed financing round from GapMinder VC. This builds upon our firm’s work for the founding team since the inception of the business in 2019.
The Seed Investment round received from GapMinder VC will accelerate the growth of Innoship and will speed up the development of new functionalities for its platform. Innoship enables retail businesses to integrate and orchestrate multiple last-mile delivery options. Through advanced machine-learning algorithms, Innoship optimizes the interactions between retailers and carriers, streamlining the costs of courier services and increasing delivery performance through a dynamic allocation of the orders according to the criteria selected by the retailer.
„Being a young technology company, it was particularly important for us to find the best business and legal advice for our seed financing round. With their no-nonsense approach, Catalin and his team were able to turn an otherwise fairly complex process into a smooth journey for us.‟ declared Daniel Nicolae, Co-founder and CEO of Innoship.
The team will continue to advise Innoship on its expansion while Catalin Grigorescu will act as a strategy and business advisor for the company.