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Bucharest-based Genezio, a type-safe serverless platform for contemporary full-stack builders, introduced on Friday that it has secured a $2M (roughly €1.8M) pre-seed funding spherical led by Gapminder Ventures, marking its first funding from the second fund.
Underline Ventures and a gaggle of angel buyers, additionally participated within the spherical.
The Romanian firm will use the funds to implement its go-to-market technique and develop enterprise options. Present use instances embrace internet, cellular, blockchain, AI, and automation apps.
Genezio: Serving to builders automate app creation
Based in 2023 by Andrei Pitis (CEO), Bogdan Ripa (CPO), Bogdan Vlad (CTO), and Paula Cionca (CMO), Genezio launches instruments to assist builders automate the creation of apps.
“Designed from the bottom as much as be future-proof, Genezio will save treasured time for the thousands and thousands of AI-enabled builders of the longer term. The sturdy deployment platform and type-safe calling mechanism maximise developer productiveness and scale back the variety of bugs. The builders of the longer term use LLMs to generate code, whereas Genezio takes care of the remaining – deployment, automated testing, and internet hosting at scale,” says Andrei Pitis, CEO and co-founder of Genezio.
With a number of environments, databases, auth, and so on, the platform affords every part it is advisable begin, deploy, check, and scale an app.
The corporate optimises cloud deployment to create the densest execution and save energy, reminiscence, and price.
Genezio claims that hundreds of builders used the platform and lots of of them reported decreased time to marketplace for their apps, generally by an order of magnitude.
“They are saying it takes solely 5 minutes from the begin to the primary related line of code and a pair of minutes to deploy their app to manufacturing. In case you add the time wanted to generate the code with LLM, you’ll be able to write and deploy a easy app in a matter of hours as a substitute of days,” says the corporate within the press launch.
The investor
GapMinder is a enterprise capital agency that invests in expertise corporations in Romania and Japanese Europe (primarily Moldova, Serbia, Croatia, Slovenia, and Bulgaria) within the Seed or Late Seed part.
GapMinder has a direct method as an investor, supporting corporations to develop by way of strategic consulting and direct involvement in scaling the organisation, monetary self-discipline, company governance, and improvement.
GapMinder has two funds beneath administration.
With its first fund at €50M dimension, established in 2018, GapMinder invested in corporations similar to Druid.AI, FintechOS, TypingDNA, Veridion, and Siena. Cx, Cyscale, Deepstash, SmartDreamers, Machinations, Frisbo, Innoship.io.
Its second fund was launched in 2024 with a goal capital dimension of €80M.
“Genezio is working on a paradigm shift – their services are transformative for the developer instruments setting. Its imaginative and prescient and state-of-the-art expertise assist builders and enterprises drastically pace up the implementation of latest and totally automated methods to check and ship their very own code,” says Cosmin Ochisor, Companion – Gapminder Ventures.
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