The startup, founded by Bogdan Munteanu, Alexandru Antal and Remus Rughiniș, specializes in automating penetration testing reports and mainly aims to reduce the costs and time that companies and software engineers spend on this activity. The solution also allows evaluating the quality of penetration tests made by each software engineer and creating other very useful analyses and reports for cybersecurity companies.
Keeping its #leadearly promise to invest as early as possible in promising startups with a disruptive approach, Early Game Ventures announced a €150,000 investment in Pentra, and has recently completed the transaction.
"We have had a very good collaboration with Early Game since the beginning of our journey. Their invaluable support, along with our own effort, led to the first version of our product, Pentra, which will be released in beta next week. We look forward to get feedback from users in the coming period. We plan to launch the solution to the general public towards the end of October and a free version of it, for those who want to try, will also be available," said Remus Rughiniș, co-founder of Pentra.
"Shortly after receiving the investment from Early Game, Pentra team accelerated product development and we are very happy with their efforts to go-to-market as early as possible with the security solution. It's the first investment in generation Z, believe me they are very mature!," said Dan Călugăreanu, Partner Early Game Ventures.
Overall, EGV's pre-seed investment in Pentra confirms the venture capital fund's thesis of providing capital to promising startups, regardless of their stage of development or financial needs. Early Game is the right VC fund for brave startups looking for a lead investor ready to take risks.
Early Game Ventures (EGV) II is an investment fund with risk capital (venture capital) capitalized by the Recovery Equity Fund, managed by the European Investment Fund, and financed by the PNRR within the Next Generation EU.