A Thessaloniki-based tech entrepreneur has quietly turned a 25-year-old software venture into one of the Athens Stock Ex...

A Thessaloniki-based tech entrepreneur has quietly turned a 25-year-old software venture into one of the Athens Stock Exchange's fastest-growing stories. Anastasios Manos, founder and CEO of Dotsoft, has just closed a deal with prominent investor Nikos Daskalopoulis through his vehicle Diorama, bringing in a significant new shareholder at a discount to the company's current market valuation. Dotsoft went public in the summer of 2023 with an initial valuation of just 12 million euros. The company's market value now sits close to 90 million euros, a roughly sevenfold increase in under three years. The company specializes in smart technology solutions, including smart city infrastructure, and the new partnership is designed to fuel its next phase of growth. Manos retains control of the company as the largest shareholder with a 40.03% stake, having formed a joint position with Giuseppe Giano of Euroxx. Despite the dilution from the new deal, his grip on the company's direction remains firm. The strategic roadmap from here includes international market expansion, deeper dominance in smart city solutions, and a push into defense technology, a sector that is drawing serious capital across Europe. Management is also looking to shift focus toward private-sector contracts as European Recovery Fund money gradually dries up. Longer term, according to Naftemporiki, Manos has discussed with Daskalopoulis the possibility of upgrading Dotsoft from the alternative market to the Main Market of the Athens Stock Exchange. Daskalopoulis is said to be receptive to that scenario, though both sides acknowledge it remains a future discussion rather than an immediate priority. For now, the focus is on executing the partnership and capitalizing on momentum in the smart tech sector. #Dotsoft #AthensStockExchange #GreekBusiness