Romanian tech firm IT Genetics raised $1.1M; ClusterPower and AIC to build 800MW AI data center in Romania.

Romanian tech firm IT Genetics raised RON5.2 million ($1.1 million) in a private share placement with help from SSIF TradeVille, reflecting investor confidence in its digital automation focus. Separately, data center operator ClusterPower partnered with Hong Kong-based AIC to develop an 800 MW AI-focused data center complex in southwestern Romania, aiming to meet rising demand for high-performance computing. Both developments highlight growing private investment and international interest in Romania’s expanding tech and digital infrastructure sectors.