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Black Sea Fund

blackseafund.ro Direct investor

Black Sea Fund is an investment fund based in Romania that invests in companies, focusing on sectors such as dental imaging and fit-out services. It completed transactions with DigiRay and Theta, using structures to help entrepreneurs recover from pandemic-related valuation losses.

Black Sea Fund is a private equity firm headquartered in Bucharest, Romania. It invests directly in companies, from growth to buyout, in dental, imaging and fit-out.

“We did not want to partner with companies that were very fragile and would be swept away by the crisis.”

Black Sea Fund, own website
Layer
Direct investor
Type
Private equity
Stage
GrowthBuyout
Headquarters
Bucharest, Romania
Invests in
Romania
Sectors
dental, imaging, fit-out

Team, as Black Sea Fund publishes it

  • Arin Ion Founder
  • Matei Păun Co-founder

Names and roles exactly as listed on blackseafund.ro. Nothing else about these people is recorded.

Co-invests most often with

Derived from portfolio pages both investors publish themselves: each pair below lists at least one company in common. 29 co-investors found.

and 19 more — the graph.

Where this comes from

Every fact above was read from a page Black Sea Fund publishes itself. Nothing is taken from third-party databases. Investment activity (deals, co-investors) is not yet recorded.

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Record 6950 · added 2026-09-03 · link last verified 2026-09-06 · confidence medium

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