The Institute of Biochemistry of the Romanian Academy (IBAR) was established in 1990 in order to develop and promote advanced research in biochemistry and molecular biology in Romania. IBAR hosts a state of the art research facility center in biomedical proteomics, operated by an interdisciplinary team of young researchers with backgrounds in biochemistry, chemistry, biophysics, biology, pharmacy. Within the framework of the School of Advanced Studies of the Romanian Academy (SCOSAAR) - IBAR carries also its own educational programs in molecular life sciences at PhD, Post Doc and continuing education levels in which the next generation scientists are trained by research based practical learning.

Simple Capital is a private investment vehicle, founded by Andrei Pitis - tech entrepreneur, angel investor and advisor, with over 25 years of experience in the IT industry in Romania and the United States and five successful international exits. Simple Capital generally invests in technology startups, and mentors them to support accelerated growth locally and internationally, as well as help them reach next investment rounds.