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G

GapMinder

Venture Capital

GapMinder is a venture capital firm that invests in early-stage technology startups across Eastern Europe and Romania, providing hands-on operational support and strategic guidance.

Portfolio

2

companies

By category

  • SecurTech£2.6M
  • AI/ML£766K

By location

  • London£3.3M

Portfolio companies

C

Cyscale

Cyscale provides graph based cloud security analysis to help enterprises prioritise high risk issues.

EA

Etiq AI

Etiq AI provides a Data Science Copilot that streamlines debugging and testing for machine learning models.


Team

DM

Dan Mihăescu

Founding Partner

Dan brings investment and corporate leadership experience, having served as founding partner at GapMinder Venture Partners, CEO of GTS Telecom, and technology director at Microsoft.

LinkedIn
Robert Herscovici

Robert Herscovici

Investment Director

Robert brings investment management experience from roles at GapMinder and Clearwater International Corporate Finance.

LinkedIn

Recent investments

Seed
£766K

The seed round was led by GapMinder to support product development and team expansion.

"We’re incredibly excited to back the team at Etiq as they build a foundational layer for responsible and scalable AI. With the surge in AI agent usage and machine learning-driven applications, there’s an urgent need for robust tools that help developers monitor, debug, and improve model behavior in real time. Etiq’s technology does exactly that—empowering teams to surface hidden biases, identify edge cases, and continuously improve ML performance. The founders bring a rare combination of technical depth and product vision, and we have strong conviction in their vision to become a category-defining company in the AI tooling space."
— Robert Herscovici, Investment Director
Seed
£2.6M

The seed round was led by Notion Capital with participation from Seedcamp and GapMinder.

"Security risks aren’t limited to an organization’s cloud infrastructure. Adjacent components such as third-party software packages used in applications, software development practices, and code repositories are all examples of risk areas in modern tech ecosystems. Most of the time, companies assess risk in each of these areas in isolation, based on skillsets in the team or available resources. The result is a fragmented security function, with no clear understanding where weaknesses lie and what their impact truly is."
— Ovidiu Cical, Co-founder