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SSK&W, Ventures-n-Law, and Stratulat Albulescu Advise on Milluu Investment Round

SSK&W, Ventures-n-Law, and Stratulat Albulescu Advise on Milluu Investment Round

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SSK&W and Stratulat Albulescu have advised venture capital fund CofounderZone and business angels on their investment in Romanian property technology company Milluu. Ventures-n-Law advised Milluu.

Milluu also received investment from ECG, Roxa X, Growceanu, Simple Capital, and Netopia Ventures.

According to SSK&W, Milluu plans to use the investment to grow its business in Romania and expand to Poland.

"Milluu is a property technology startup from Romania that creates a mobile device enabling the owner of the apartment or real estate to manage the calendar of meeting with its potential tenants, signing the agreement, and payment of bills, and also providing tenants for the offers that meet his/her expectations," SSK&W informed. "As a result, Milluu speeds up the process of renting the apartments."

CofounderZone is a platform connecting entrepreneurs with start-ups. According to SSK&W, "the fund works closely with the Business Angels network it has created, which provides added value through an individual approach to structuring and financing transactions on the private market and uses the substantive potential, contacts, and experience of its members. It includes business owners and corporate managers who want to invest their time and capital in developing innovative companies."

The SSK&W team was led by Partner Szymon Syp.

The Stratulat Albulescu team included Managing Partner Silviu Stratulat and Partner Ana Kusak.

Romanian Knowledge Partner

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). 

Firm's website.

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