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London and Macedonia connected by Cognism

Sunday, 29 April, 2018

The London Co-Investment Fund is managed by Funding London and Capital Enterprise. It has raised £25 million from the Mayor of London’s Growing Places Fund to co-invest in so-called “seed rounds” (an offering in which an investor invests capital in exchange for an equity stake in the company) between £250,000 and £1,000,000. A recent beneficiary is the Macedonian AI startup Cognism, which has its development team in Skopje and its sales force in London, while the CTO, Stjepan Buljat, is based in Croatia.

Cognism develops AI tools for finding sales and recruitment leads, and the new funds will be invested in improving the company’s data research, upgrading its technology and expanding the teams in Skopje and London as well as opening an office in the US. By the way, the company says its sales intelligence is also GDPR compliant.

Note: The General Data Protection Regulation (GDPR) proposed by the European Commission will unify data protection for individuals within the European Union and address the export of personal data outside the EU.


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