About Neogen
Neogen is a venture capital firm founded in 2000. It is primarily based out of Targu Mures, Romania. As of Jul 2022, Neogen has invested in 6 companies. It primarily invests in Seed round in Romania based startups. Its investments are spread across a wide range of sectors from Consumer to Enterprise Applications and FinTech. Most recently it participated in the $***** Seed round of Protio A lot of funds co-invest with Neogen, with names like Eleven sharing a substantial percentage of its portfolio. Neogen has team of 1 people including 1 partners.Key Metrics
Team Members
Portfolio Sectors
Rounds of Entry
Seed
Neogen's List of Top Investments
Neogen has a portfolio of 6 companies. Their most notable investments are in Protio and RacketPal.Their portfolio spans across Romania, Greece and United Kingdom. They have invested in Consumer, Enterprise Applications, FinTech and 5 other sectors, across stages such as Seed stage. Here is the list of top investments by Neogen:
1. RacketPal
Racket Pal is an app-based platform for finding racket sports players. The platform allows users to find new players in their area, chat with players, organize games, and more. Its app is available for Android and IOS users.
Key facts about RacketPal
- Founded Year: 2019
- Location: London (United Kingdom)
- Stage: Seed
- Total Funding till date: $724K
- Employee Count: 5 as on May 31, 2026
- Investors: bldrs, Fortech Investments and 14 Others
- Latest Funding Round: Seed, Mar 17, 2021, $*****
- Highlight: Editors' Pick
2. Frisbo
Key facts about Frisbo

3. Protio
Key facts about Protio
- Founded Year: 2021
- Location: Athens (Greece)
- Stage: Seed
- Total Funding till date: $3.29M
- Employee Count: 7 as on May 31, 2026
- Investors: eNugget Ventures, Genesis Ventures and 7 Others
- Latest Funding Round: Seed, May 16, 2025, $*****
4. Metabeta
Platform for managing early-stage startup investment. Its features include deal flow CRM, communication management, deal evaluation, reporting, metrics tracking, mentor engagement, deal messaging, fund management, and more. It is available on multiple subscription bases.
Key facts about Metabeta
- Founded Year: 2018
- Location: Moldova Noua (Romania)
- Stage: Seed
- Total Funding till date: $590K
- Employee Count: 2 as on May 31, 2026
- Investors: Techcelerator and Neogen
- Latest Funding Round: Seed, Jul 20, 2021, $*****
- Highlight: Editors' Pick

5. Tulipr
Online vendor marketplace provider. The company caters to furnishing, restaurants, invitations, bands, DJs, and logistics. It is located in cities such as Bucharest, Timisoara, Cluj, Sibiu, Galata, Iasi, and Brasov. Events include Lora Events, The Gift idea, Wedding Events, and etc.
Key facts about Tulipr
Neogen's Year-on-Year Investment Trends
Neogen has invested in 6 companies over the last 5 years, with an average of 1 new investment annually in the last 5 years. Its most recent first time investment was in Protio.Neogen's Investments by Stage
Neogen has made 6 investments in Seed stage with an average round size of $985K.Neogen's Investments by Sector
Neogen has a diverse portfolio, with companies operating in the Consumer, Enterprise Applications, FinTech, Financial Services and Gig Economy. Notably, it has invested in 5 Tech companies, 3 Consumer (B2C) companies, 3 Enterprise (B2B) companies and at least 2 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 3 |
Enterprise Applications | 3 |
FinTech | 2 |
Financial Services | 1 |
Gig Economy | 1 |
Others | 4 |
Note: We have considered here, only first round of investments
Neogen's Investments by Geography
Neogen has made most investments in Romania (4), followed by Greece where it has made 1 investment.Country | No. of Investments |
|---|---|
Romania | 4 |
Greece | 1 |
United Kingdom | 1 |
Note: We have considered here, only first round of investments
Neogen's recent investments
Neogen has not made any investment in 2026 so far.Here are the most recent investments by Neogen:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 11, 2022 | Greece | Seed | 2535 | [+2] | |
Feb 16, 2022 | Romania | Seed | 2132 | - | |
Dec 07, 2021 | Romania | Seed | 3614 | [+2] | |
Jul 20, 2021 | Romania | Seed | 3992 | - | |
Jul 01, 2021 | Romania | Seed | 6826 | - |
Team profile of Neogen
Neogen has a team of 1 member located in Romania. Neogen's team does not sit on the board of any company as of now.Co-investors of Neogen
Over the past 5 years, 15 investors have co-invested in Neogen's portfolio companies. This includes funds and angels.
- Invested before Neogen: David Kasper, Neogen and 5 others have invested in rounds before Neogen. There is 1 company where David Kasper has invested before Neogen and 1 company where Neogen has invested before Neogen.
- Top Co-investors of Neogen: 4 investors entered a company along with Neogen. These include investors like Eleven (1 company).
- Invested after Neogen: A total of 4 investors have invested in Neogen's portfolio after their investments. Top Investors include Lars Rasmussen (1 company), Loggerhead Ventures (1 company) and Argyris Kaninis (1 company).
Recent News related to Neogen
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Romanian startup Frisbo secures a $2M investment by Eleven VenturesTrending Topics•Dec 08, 2021•Frisbo, Eleven, Gapminder, Neogen and 1 other
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Cleaning services startup Cleany expands and becomes Zumzi.comBusiness Review•Sep 21, 2021•Cleany, Zumzi, Neogen
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Internet entrepreneur buys 20% of Romanian e-fulfillment companyRomania Insider•May 22, 2018•Frisbo, Neogen
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Romanian group buys 47% stake in taxi app in Republic of MoldovaRomania Insider•Dec 07, 2017•Neogen, iTaxi
