"Romanian VC backs local AI startup with EUR 1 mln."

TLDR:

Romanian VC Early Game Ventures invests EUR 1 million in local AI startup CognySync

CognySync is developing a new tool for optimizing workflows using AI technology

Romanian venture capital fund Early Game Ventures (EGV) has announced a EUR 1 million pre-seed investment in CogniSync, a pure-AI startup created by a Romanian team of founders. CogniSync is focused on developing a new tool for optimizing workflows for companies and teams by surfacing internal best practices, ensuring compliance and legal standards, and utilizing data owned by the enterprises where it is deployed. This investment is part of EGV’s Early Game Fund II, which aims to support promising startups with disruptive ideas.

Based on its AI-core technology, CogniSync offers expert operational, compliance, or legal advice seamlessly. The startup aims to assist users in avoiding mistakes and aligning with best practices through AI assistance. EGV’s Managing Partner, Cristian Munteanu, highlighted the significance of AI technology in all industries and its potential to revolutionize existing practices and possibilities.

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Romanian VC backs local AI startup with EUR 1 mln

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