Founder of UiPath unicorn donates EUR 1M for Notre Dame reconstruction

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Founder of UiPath unicorn, Romanian Daniel Dines, has announced during a hi-tech event in Paris that hi start-up will donate EUR 1 million for the reconstruction of the Notre Dame Cathedral, devastated by fire on Monday.

UiPath owes a lot to France and to French culture. It’s time for us to give something back to France. On behalf of UiPath, I would like to pledge 1 million euros for the reconstruction of Notre Dame”, said at Paris, reads a company’s tweet.

A strong fire has started in the iconic Notre Dame Cathedral in Paris, one of France’s symbols, on Monday evening. The cause of the fire is not clear, but officials suspect that it might be related to the revamping works that the cathedral was currently undergoing. One of the towers and the roof collapsed, but the interior was not so affected.

Shortly after the fire, France’s leading billionaires and companies have rallied to pledge USD 670 million (EUR 600 million) to restore Paris’ Notre Dame Cathedral following a devastating fire, among whom there were Francois-Henri Pinault, chairman of Kering (the parent company of Gucci), the Arnault family, owners of luxury goods group LVMH (Louis Vutton), the Bettencourt Meyers family, which owns one third of the L’Oréal cosmetics empire, or billionaire Henri Kravis, cofounder of private equity group KKR, etc.

French charity Fondation du Patrimoine has launched an international appeal to raise funds for the UNESCO World Heritage site partially destroyed by the fire.

Set up in 2005 by the Romanian Daniel Dines, UiPath is developing software solutions for companies, with its products being destined to the office working processes (such as the Robotic Process Automation / RPA). UiPath software robots are programmed to take over the copy-paste like work of the employees, lightening the load of their transactional repetitive duties.

Robotic process automation (RPA) is a young market but one that is growing quickly because it stands to change fundamentally the way organisations run clerical processes.

UiPath founder and CEO, Daniel Dines, a mathematician and former Microsoft software developer.

UiPath, whose value has been estimated to USD 7 billion, has recently inaugurated the „Immersion Lab” in Bucharest, a laboratory allowing customers to test various automation scenarios of the administrative processes and to see how the Robotic Process Automation (RPA) and artificial intelligence (AI) solutions are working.

The lab will enable customers and partners to test RPA and AI optimal deployments through simulation and demos and to expand the possibilities of implementing their automation solutions beyond the existing functionalities.

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