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Stratulat Albulescu and Orrick Advise GapMinder Venture Partners on Investment in Romanian Start-up Deepstash

Stratulat Albulescu and Orrick Advise GapMinder Venture Partners on Investment in Romanian Start-up Deepstash

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Stratulat Albulescu, working alongside Orrick Herrington & Sutcliffe, has advised GapMinder Venture Partners on a follow-on investment in Romanian start-up Deepstash. 

Deepstash is a Romanian start-up that developed a platform “where anyone can discover, share, and create knowledge,” reports Stratulat Albulescu. “With more than 1 million users across more than 150 countries, Deepstash is a curated platform of good ideas. The company’s proposition is simply to spend a few minutes a day with them to grow your 'stash.' The stash the company refers to is a collection of valuable ideas that can help improve one’s personal and professional life. The app contains multiple topics such as self-improvement, time management, communication, health, money, and so on.”

According to Stratulat Albulescu, “the financing round, led by London-based VC fund Connect Ventures, [which] totaled USD 3 million, will be used by [Deepstash] to finance the further development of its platform with a view to boosting the number of users. In addition to GapMinder, the round also included Cultivate Capital, as well as other European and American angel investors.”

Stratulat Albulescu’s team included Managing Partner Silviu Stratulat and Managing Associate Cristina Man.

Orrick’s team included London-based Partner Ylan Steiner and Managing Associate Jason Wu.

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Țuca Zbârcea & Asociații is a full-service independent law firm, employing cross-disciplinary teams of lawyers, insolvency practitioners, tax consultants, IP counsellors, economists and staff members. It also operates a secondary law office in Cluj-Napoca (Romania), and has a ‘best-friend’ agreement with a leading law firm in the Republic of Moldova. In addition, thanks to the firm’s dedicated Foreign Desks, the team provides the full range of services to international investors seeking to gain a foothold or expand their existing operations in Romania. Since 2019, the firm and its tax arm are collaborating with Andersen Global in Romania.

Țuca Zbârcea & Asociaţii is providing legal services in every aspect of business, covering all major areas of practice: corporate and M&A; litigation and international arbitration; corporate tax; public procurement; TMT; employment; insurance; banking and finance; capital markets; competition; healthcare and pharmaceutical; energy and natural resources; environmental; intellectual property; real estate; regulatory legal services.

Țuca Zbârcea & Asociaţii is a First-Tier law firm in all international legal directories and a multiple award-winning law firm both locally and internationally. It received the CEE Deal of the Year Award (DOTY Awards 2021) and the Law Firm of the Year Award: Romania (IFLR Europe Awards 2021). 

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