Stratulat Albulescu has advised Catalyst Romania Fund II on leading a EUR 5 million investment round for DotLumen, with the participation of the European Innovation Council Fund, Tigrim Capital, and SeedBlink. Magureanu, Bourdenet & Associates advised DotLumen. Wolf Theiss reportedly advised the European Innovation Council.
According to Stratulat Albulescu, DotLumen is a “research start-up developing pedestrian autonomous driving (PAD AI), first showcased in the Glasses for the Blind. Founded by Cornel Amariei, inspired by his family – all of them having disabilities, the glasses replicate the main features of the Guide Dog, and more, in a scalable product.” The financing round led by Catalyst Romania Fund II will be used to bring the Glasses for the Blind to market and advance the PAD AI technology.
Catalyst Romania is a private equity and venture capital investment company in Romania. Catalyst Romania Fund II is a VC fund managed by Catalyst II GP.
The Stratulat Albulescu team included Managing Partner Silviu Stratulat and Senior Associate Amanda Csaki.
The Magureanu, Bourdenet & Associates team included Partner Marius-Vlad Magureanu.