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Roca X

Europe, Bucuresti, Romania, Bucharest

Description

Roca X is a prominent venture capital arm of ROCA Investments, a Romanian holding company primarily known for its focus on distressed assets. Established to identify and nurture disruptive businesses, Roca X specifically targets early-stage startups, typically at the pre-seed and seed stages, that demonstrate significant global potential. While headquartered in Bucharest, Romania, the firm's investment mandate extends across the Central and Eastern European (CEE) region, aiming to capitalize on the burgeoning tech ecosystem in these markets.

The firm's investment strategy is characterized by its "smart money" approach, meaning it provides more than just capital. Roca X actively engages with its portfolio companies, offering strategic guidance, operational support, and access to its extensive network. This hands-on involvement is designed to accelerate the growth and scalability of the startups it backs. Initial investments typically range from EUR 100,000 to EUR 500,000, which translates approximately to $108,000 to $540,000 based on recent exchange rates. For promising ventures, Roca X is also prepared to provide follow-on funding, with additional investments potentially reaching up to EUR 1.5 million.

As of early to mid-2023, Roca X had rapidly built a substantial portfolio, having invested in over 20 startups. Public reports indicate that their portfolio comprised 21 companies by May 2023, with a cumulative investment value reaching EUR 5.5 million. This rapid deployment of capital underscores their commitment to fostering innovation in the region. Roca X seeks out companies with strong founding teams and innovative solutions that can disrupt existing markets or create new ones, aligning with their overarching goal of building a robust ecosystem of high-growth technology ventures.

Investor Profile

Roca X has backed more than 30 startups, with 0 new investments in the last 12 months alone. The firm has led 10 rounds, about 33% of its total and boasts 1 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Pre Seed, Convertible Note rounds (top funding stages).
  • Majority of deals are located in Romania, United Kingdom, Luxembourg.
  • Strong thematic focus on Software, Information Technology, SaaS.
  • Typical check size: $108K – $540K.

Stage Focus

  • Seed (43%)
  • Pre Seed (23%)
  • Convertible Note (13%)
  • Series Unknown (10%)
  • Equity Crowdfunding (7%)
  • Series A (3%)

Country Focus

  • Romania (73%)
  • United Kingdom (7%)
  • Luxembourg (3%)
  • Germany (3%)
  • United States (3%)
  • Israel (3%)
  • Portugal (3%)
  • Italy (3%)

Industry Focus

  • Software
  • Information Technology
  • Saas
  • Health Care
  • Medical Device
  • E-commerce
  • Education
  • Mobile
  • Fintech
  • Mobile Apps
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Roca X frequently co-invest with?

Growceanu Angel Investment
Europe, Timis, Romania, Timisoara
Co-Investments: 2
DV
Europe, Luxembourg, Luxembourg, Luxembourg
Co-Investments: 1
NETOPIA
Europe, Bucuresti, Romania, Bucharest
Co-Investments: 2
TechAngels
Europe, Bucuresti, Romania, Bucharest
Co-Investments: 2
Eleven Ventures
Europe, Grad Sofiya, Bulgaria, Sofia
Co-Investments: 2
SeedBlink
Europe, Bucuresti, Romania, Bucharest
Co-Investments: 3
HearstLab
North America, New York, United States, New York
Co-Investments: 1
Cleverage VentureCapital
Europe, Bucuresti, Romania, Bucharest
Co-Investments: 2
Early Game Ventures
Europe, Bucuresti, Romania, Bucharest
Co-Investments: 7
Gapminder VC
Europe, Bucuresti, Romania, Bucharest
Co-Investments: 7

Which angels does Roca X often collaborate with?

AC
Europe, Romania
Shared Deals: 1
SD
Europe, Bucuresti, Romania, Bucharest
Shared Deals: 1
JB
Europe, Noord-Holland, The Netherlands, Amsterdam
Shared Deals: 1
MI
Europe, Romania
Shared Deals: 1
BR
Europe, Cluj, Romania, Cluj-napoca
Shared Deals: 1
CS
North America, Washington, United States, Kirkland
Shared Deals: 1
MS
North America, California, United States, San Francisco
Shared Deals: 1

What are some of recent deals done by Roca X?

FilmChain

London, England, United Kingdom

FilmChain is the fintech infrastructure modernising payments in film and TV, and operating a royalties management for enterprises.

FinTechMedia and Entertainment
Series UnknownApr 18, 2024
Amount Raised: $2,979,915
Bunnyshell

Bucharest, Bucuresti, Romania

BunnyShell is a simple and fast cloud-agnostic DevOps automation platform to deploy, scale, and optimize your applications.

DevOpsInformation TechnologySaaSSoftware
SeedJul 26, 2023
Amount Raised: $332,340
Milluu

Bucarest, Bucuresti, Romania

We home you! Helping places become homes! Milluu is the app that gets personal, relevant and smart about rent.

Mobile AppsRental Property
SeedJan 16, 2023
Amount Raised: $1,082,970
Munevo

Munich, Bayern, Germany

Smart Glasses for people with disabilities

Assistive TechnologyGoogle GlassHealth CareMedical DeviceSocial ImpactWearables
Series UnknownOct 21, 2022
Amount Raised: $2,958,180
MOCAPP

Bucharest, Bucuresti, Romania

MOCAPP is a Tech company building Influencer Marketing Apps

AdvertisingE-CommerceMarketingSoftware
Convertible NoteJun 10, 2022
Amount Raised: $178,827
Bunnyshell

Bucharest, Bucuresti, Romania

BunnyShell is a simple and fast cloud-agnostic DevOps automation platform to deploy, scale, and optimize your applications.

DevOpsInformation TechnologySaaSSoftware
SeedApr 20, 2022
Amount Raised: $3,797,533
XVision

Timisoara, Timis, Romania

Rayscape is an automated x-ray analysis application that assists radiologists by providing accurate interpretations of medical images.

Health CareMedical Device
SeedJan 31, 2022
Amount Raised: $1,122,939
Bonapp.eco

Bucharest, Bucuresti, Romania

Bonapp.eco offers an app that allows retailers to sell goods nearing the expiration date to consumers.

Mobile AppsSocial ImpactWaste Management
Pre SeedJan 12, 2022
Amount Raised: $915,229
Frisbo

Vulcan, Brasov, Romania

E-fulfillment platform and warehouse network

E-CommerceLogistics
SeedDec 7, 2021
Amount Raised: $2,000,000
Medicai

Bucharest, Bucuresti, Romania

Medicai specializes in improving healthcare services by providing scalable and compliant medical imaging infrastructure.

Cloud InfrastructureHealth DiagnosticsInformation ServicesInformation TechnologySaaS
Convertible NoteOct 28, 2021
Amount Raised: $408,883