MAG Ventures | Romania Feed

Romanian startup Flip.ro, a marketplace for the purchase and sale of refurbished mobile telephones, has raised a new funding round worth EUR6.5 million from eMAG Ventures – an investment fund created by giant online retailer eMAG, company representatives said in a statement.

Romanian startup ATLAS, which developed the telemedicine platform atlas.app, has attracted an investment of EUR500,000 from eMAG Ventures, the investment program for technology companies, in order to continue the development of the platform at local and regional level and to ease access to medical services for as many people as possible with the help of technology.

Investment fund GapMinder Ventures, one of the largest players on the local profile market, is selling its 42.2% ownership stake in startup Flip.ro to investment fund eMAG Ventures.