SSK&W and Stratulat Albulescu have advised venture capital fund CofounderZone and business angels on their investment in Romanian property technology company Milluu. Ventures-n-Law advised Milluu.
Milluu also received investment from ECG, Roxa X, Growceanu, Simple Capital, and Netopia Ventures.
According to SSK&W, Milluu plans to use the investment to grow its business in Romania and expand to Poland.
"Milluu is a property technology startup from Romania that creates a mobile device enabling the owner of the apartment or real estate to manage the calendar of meeting with its potential tenants, signing the agreement, and payment of bills, and also providing tenants for the offers that meet his/her expectations," SSK&W informed. "As a result, Milluu speeds up the process of renting the apartments."
CofounderZone is a platform connecting entrepreneurs with start-ups. According to SSK&W, "the fund works closely with the Business Angels network it has created, which provides added value through an individual approach to structuring and financing transactions on the private market and uses the substantive potential, contacts, and experience of its members. It includes business owners and corporate managers who want to invest their time and capital in developing innovative companies."
The SSK&W team was led by Partner Szymon Syp.
The Stratulat Albulescu team included Managing Partner Silviu Stratulat and Partner Ana Kusak.