Vest Ventures announced plans to invest €1 million across four startups at the PROW Conference in Timișoara on October 30. The PROWpeller finalists are Smartsy, BioSync, Jobful, and PeMarket.ro. The money is set to be deployed over the next six months.
Funding and selection
The startups were chosen from 12 companies that exhibited at the conference. Vest Ventures is a €16.5 million acceleration fund active in Romania's West Region. Individual investment amounts and deal terms were not disclosed.
Company focus
Smartsy builds temperature-controlled dog houses placed outside stores. BioSync is developing a portable device that measures biomarkers in saliva in about three minutes. Jobful provides recruitment software for talent communities, and PeMarket.ro combines automotive and real estate listings.
Early traction
Smartsy is expanding in the DACH region with retail group BILLA and preparing Smartsy 2.0. Jobful reports over €500,000 in annual recurring revenue and zero customer churn for seven years. PeMarket.ro reports more than 21,000 active listings and close to one million monthly visits.
BioSync targets an initial launch in Romania in June 2027. PeMarket.ro plans to surpass 50,000 active verified listings and release iOS and Android apps. Smartsy is preparing an updated product version for further European expansion.