Daniel Dumitrescu
Co-founder & CIO at Innovx
Based in Bucharest, Romania
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Seniority
C-Team
Department
Information Technology
Location
Bucharest
Industry
Technology; Information and Internet
Company size
32
Contact information
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d•••••••@innovx.eu
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Background
About Daniel Dumitrescu
Dr. Daniel Dumitrescu is the Chief Innovation Officer and Founder of InnovX a premier startup hub in Europe recognized in 2024 by the Financial Times, Statista, and Sifted. InnovX has earned the following accolades: 🥇 Eastern European Hub:#1 Leading Accelerator in Eastern Europe (2024 & 2025) Networking Excellence:#4 Best Hub for Networking (2024 & 2025) Cutting-Edge Facilities:#6 Best Offices and Lab Spaces (2024) European Recognition:#16 out of 150 Startup Hubs in Europe and the UK (2025) Startup Mindset: One of the youngest six accelerators on the list, founded in 2019 InnovX supports innovative companies (start-ups, scale-ups, and mid-caps) with exponential growth potential. It provides top-notch entrepreneurial education, connections with global tech and service providers, exposure to the best financial mix, attracts young talents, fosters collaboration with innovation-driven corporations, and helps companies internationalize to global innovation hubs in the EU, UK, USA, Middle East, and Latin America. With a strong academic foundation backed by a Ph.D. in Cybernetics and Statistics, Dr. Daniel Dumitrescu brings a rich portfolio of experience spanning over 20 years in multiple facets of the financial sector. This includes in-depth work in banking, insurance, guarantee funds, stock and commodities exchanges, as well as specialized focus in Research, Development, and Innovation (RDI) Grants. His expertise led him to a distinguished role as an innovation and risk-finance expert for the European Commission. Currently, Dr. Dumitrescu serves as the Chief Innovation Officer at InnovX, a role that aligns him as an official partner of the European Innovation Council. His reach extends to being a Partner at RadiX Venture Partners, €70 million DeepTech Venture Capital Fund backed by the European Investment Fund. Furthermore, he is a sitting member of the Board of Directors for The Maritime Cybersecurity Centre of Excellence.
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