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Stratulat Albulescu Advises Machinations.io on USD 3.3 Million Series A Funding Round

Stratulat Albulescu Advises Machinations.io on USD 3.3 Million Series A Funding Round

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Stratulat Albulescu, working with Luxembourg-based Bonn Steichen and Partners, has advised Machinations.io on a USD 3.3 million USD Series A round. White & Case's London office reportedly advised Hiro Capital, who led the round.

Hiro Capital is a VC fund focusing on technology and the gaming sector. The funding round also included GapMinder, Acequia Capital, and Venrex Investment Management.

According to Stratulat Albulescu, “founded in 2018, Machinations.io is the first and only browser-based platform used by more than 35,000 professionals for designing and predicting game economies & systems for premium, free-to-play, and play-to-earn games.” It added that "the funds will be used to expand the team and accelerate the company’s development, as well as to launch new features and services to support the rapid development of the number of users.”

Stratulat Albulescu’s team was led by Managing Partner Silviu Stratulat and included Partner Cristina Man and Associate Roxana Ioncu.

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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). 

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