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Act Botezatu Estrade Romania Advises OncoChain on Seed Investment Round

Act Botezatu Estrade Romania Advises OncoChain on Seed Investment Round

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Act Botezatu Estrade Romania has advised OncoChain on its EUR 380,000 seed financing round, which was led by Cleverage Venture Capital and also included an equity crowdfunding round on the Seedblink platform, as well as two angel investors from the Growceanu network.

According to Act Botezatu Estrade Romania, “OncoChain was founded in 2019 by two oncology specialists from Timisoara, Madalin-Marius Margan and Roxana Margan, together with a team of experienced software engineers and business consultants, quickly becoming one of the most successful med-tech startups in Romania.” According to the firm, the company is developing a real-world data platform in oncology, which aims at standardizing, collecting, and aggregating anonymized data from patients who suffer from cancer, thus creating the possibility to generate useful analytics that can support business decisions, orientate research for pharma companies and deliver value-based care for healthcare providers.

Act Botezatu Estrade Romania’s team included Managing Partner Stefan Botezatu and Managing Associate Andrei Hancu.

Act Botezatu Estrade Romania did not reply to our inquiry on the matter.