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Top 10 Climate Startup Investors in Romania (June 2026)

The most active venture capital funds and angel investors investing in Romania Climate startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Romania Climate startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Sparking Capital
VC Fund
3 Romania, United States, Czech Republic Seed, Pre-Seed Information Technology, SaaS, Internet $318k–$2M
SeedBlink
VC Fund
3 Romania, United States, United Kingdom Seed, Pre-Seed, Series A Software, SaaS, Information Technology $126k–$35M
Up
VC Fund
2 Romania Seed, Pre-Seed Waste Management
Climate-KIC
VC Fund
2 Germany, Italy, Switzerland Seed, Grant, Pre-Seed CleanTech, Sustainability, Software $17k–$1.9M
Roca X
VC Fund
2 Romania, Italy, Israel Seed, Pre-Seed, Convertible Note Software, Information Technology, Health Care $55k–$2M
Early Game Ventures
VC Fund
2 Romania, United States, Poland Seed, Pre-Seed, Series A Software, Artificial Intelligence, Information Technology $159k–$14M
Impact Ventures Hungary
VC Fund
2 Hungary, Spain, Italy Seed, Pre-Seed Software, Agriculture, Health Care $878k–$4.6M
European Bank for Reconstruction and Development
VC Fund
1 Turkey, Egypt, United States Debt Financing, Post-IPO Debt Financial Services, Banking, Finance $5M–$369M
European Union
VC Fund
1 Germany, United Kingdom, United States Grant, Seed Software, Information Technology, Health Care $16k–$31M
Fortech Investments
VC Fund
1 Serbia, Romania, United States Seed, Debt Financing Software, Data Mining, Manufacturing
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Investor list

Sparking Capital
VC Fund · Bucharest, Bucuresti, Romania · 3 investments in Romania Climate startups

Sparking Capital is an early stage micro fund backing entrepreneurs with unique industry insights, powerful vision, passion, courage and excellence in the execution of their plans.Sparking Capital focuses on pre-seed & seed investments. We are industry agnostic but have a preference for investments in consumer internet, marketing-tech, supplychain-tech, fin-tech, property-tech, circular economy-tech startups with differentiating value propositions, disruptive business models which have the potential to become national champions and/or scale up fast internationally.

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Investment focus

  • Industry: Information Technology, SaaS, Internet
  • Stage:Seed, Pre-Seed
  • Geography: Romania, United States, Czech Republic

Investor stats

  • Total investments: 12
  • Round size: Seed $318k–$2M
  • Lead/follow: 58% lead, 42% follow

Portfolio highlights

  • Questo — Discover cities through outdoor escape games, scavenger hunts & self-guided walking tours. Play with friends, family or your partner in 1000+ destinations worldwide.
  • Vatis Tech — Speech-to-text recognition API with custom AI models and real-time transcription for the English language. Get started now for FREE!
  • Ecotree Romania — EcoTree is the first digital platform in Romania that provides real and measurable benefits to the waste management industry by digitizing operational processes and legal documentation through business intelligence modules for data analysis and reporting, dedicated tendering modules and more, ensuring full transparency and traceability. In thisway, the startup actively contributes to a clean and sustainable environment. The company was founded in 2017 by Bogdan Andronache, Alexandru Petrescu, Marius Cîrstea and Dan Simota with the aim of digitizing the specific processes of waste collection and recycling, positioning itself as a player in the circular economy.
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Up
VC Fund · Gennevilliers, Ile-de-France, France · 2 investments in Romania Climate startups

Up offers payment methods and management solutions for nutritional and work-life balance, responsible consumption and democratizing culture.

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Investment focus

  • Industry: Waste Management
  • Stage:Seed, Pre-Seed
  • Geography: Romania

Investor stats

  • Total investments: 2
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Bonapp.eco — bonapp.eco is a mobile application that connects consumers with traders whose food is approaching its expiry date to combat food wastage.
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Climate-KIC
VC Fund · Zürich, Zurich, Switzerland · 2 investments in Romania Climate startups

EIT Climate-KIC is a European knowledge and innovation community, working to accelerate the transition to a zero-carbon economy.Supported by the European Institute of Innovation and Technology, we identify and support innovation that helps society mitigate and adapt to climate change. They believe that a decarbonised, sustainable economy is notonly necessary to prevent catastrophic climate change, but presents a wealth of opportunities for business and society.

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Investment focus

  • Industry: CleanTech, Sustainability, Software
  • Stage:Seed, Grant, Pre-Seed
  • Geography: Germany, Italy, Switzerland

Investor stats

  • Total investments: 16
  • Round size: Seed $274k–$1.9M; Grant $17k–$99k; Pre-Seed $55k–$351k
  • Lead/follow: 44% lead, 56% follow

Portfolio highlights

  • Afterwind — Afterwind® exists to preserve natural resources for future generations by recycling glass fibre assets into circular advanced materials with full traceability.We help asset owners and industrial manufacturers in Advanced Materials, Renewable Energy, and Construction recover and reuse end-of-life and byproduct materials without compromising theiroriginal properties, including glass and carbon fibres, PET and PVC foams, and resin powders.Team Afterwind is expanding across Europe, working on- or near-site to help our clients cut costs, CO2, and risks, while supplying stable, high-quality, circular advanced materials that deliver on EU Taxonomy and green targets.
  • RECYCLLUX — RECYCLLUX is making use of the collected satellite Earth Observation data and applies machine-learning algorithms to identify the marine plastic litter problem spots, where actions need to be taken.
  • GreenPow — GreenPow is a grid and carbon-aware cloud infrastructure platform that reduces AI and ICT emissions by up to 85% while lowering compute costs for organizations worldwide. GreenPow Holdings sits at the center of this group, owning the core intellectual property behind the MAIZX carbon-aware orchestration engine, the Carbon Ledger, and the automationframework deployed across private, hybrid, and sovereign cloud environments.Through its subsidiaries in Estonia, Germany, and Costa Rica, GreenPow operates renewable-powered cloud nodes, provides private-cloud-as-a-service for enterprises, and delivers a carbon-intelligent compute platform. It combines real-time emissions tracking, workload automation, and compliance-grade reporting aligned with CSRD, ESG, and data sovereignty requirements.Through customer aquisition and pilot experimentation, GreenPow delivers operative 78% gross margins and achieves around 52% CO₂ reduction per compute-hour versus baseline cloud workloads, while leveraging a distributed, high-efficiency infrastructure footprint. Its mission is to build the world’s first federated, carbon-intelligent cloud a platform where workloads automatically run in the cleanest and most efficient locations available.Positioned at the intersection of AI infrastructure, sustainability, and cloud automation, GreenPow is creating a next-generation compute ecosystem designed to power climate-aligned digital transformation for enterprises, governments, and emerging markets.Carbon-aware cloud, green cloud computing, private cloud, sovereign cloud, AI infrastructure, ESG, CSRD, carbon accounting, carbon optimization, cloud orchestration, hybrid cloud, multi-cloud, DevOps automation, clean tech, sustainability, green compute, iaas,paas.
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Roca X
VC Fund · Bucharest, Bucuresti, Romania · 2 investments in Romania Climate startups

RocaX > Is building a solid and much needed bridge for startups between the support offered by business angels and the upper stage VCs. Learn more!

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Investment focus

  • Industry: Software, Information Technology, Health Care
  • Stage:Seed, Pre-Seed, Convertible Note
  • Geography: Romania, Italy, Israel

Investor stats

  • Total investments: 31
  • Round size: Seed $150k–$2M; Pre-Seed $55k–$878k; Convertible Note $165k–$1.1M
  • Lead/follow: 29% lead, 71% follow
  • Last fund: May invest from a new fund soon — raised $4.7M in 2019

Portfolio highlights

  • iFactor — iFactor is an online portal that helps to sell their invoices for immediate cash and asset protofolio with a low-risk investments for SMEs.
  • Bonapp.eco — bonapp.eco is a mobile application that connects consumers with traders whose food is approaching its expiry date to combat food wastage.
  • Bunnyshell — Bunnyshell is a a simple and fast cloud-agnostic DevOps automation platform to deploy, scale, and optimize your applications.We provide easy infrastructure management on multiple clouds , application management and DevOps Tools.Bunnyshell increases speed, performance, and scalability & works on the most popular major clouds: AWS, DigitalOcean, Azure, Linode, Vultr, UpCloud.Our platform allows you to focus on growing your app, while we take care of the rest: real time monitoring, auto scaling, smart self-healing servers, one click deployment. Backed by 24/7 real time support.
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Early Game Ventures
VC Fund · Bucharest, Bucuresti, Romania · 2 investments in Romania Climate startups

Early Game Ventures (EGV) is an early-stage venture capital firm investing in startups that jumpstart new industries in the emerging markets of Europe.Their philosophy is quite straightforward: they invest at the earliest stages in companies whose founders have vested interests, are coachable and address big markets. If the opportunity is real,they prefer to be the first institutional investor in such startups.EGV is also running a concierge accelerator, taking in only 5 or 6 startups per year for a very intensive and tailor-made program.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Romania, United States, Poland

Investor stats

  • Total investments: 46
  • Round size: Seed $318k–$1.9M; Pre-Seed $159k–$1.1M; Series A $2.5M–$14M
  • Lead/follow: 76% lead, 24% follow

Portfolio highlights

  • OxidOS Automotive — OxidOS supplies a Secure Operating System and Development Tools for OEMs and auto software creators.
  • Hyperhuman — Build, personalize, deliver, and grow modern health, wellness, and fitness products without building the stack. Hyperhuman combines workout API, exercise API, white-label fitness app delivery, AI content creation, and adaptive personalization in one platform.
  • MeetGeek — MeetGeek is an AI meeting assistant that automatically video records, transcribes, summarizes, and provides key insights from every meeting.
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Impact Ventures Hungary
VC Fund · Budapest, Budapest, Hungary · 2 investments in Romania Climate startups

Impact Ventures is a specialist fund manager focusing on Impact Investments. Our mission is to catalyze social impact by supporting and investing in high-growth social SMEs in Europe, addressing areas of social inclusion, education, employment, health and environmental sustainability.

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Investment focus

  • Industry: Software, Agriculture, Health Care
  • Stage:Seed, Pre-Seed
  • Geography: Hungary, Spain, Italy

Investor stats

  • Total investments: 17
  • Round size: Seed $878k–$4.6M
  • Lead/follow: 41% lead, 59% follow

Portfolio highlights

  • Hedepy — Online therapy works. Research has proven that what matters is the conversation, not where the conversation happens.
  • Naco — Our mission is development of top quality solutions based on new materials and exceptionally innovative coating technologies for climate neutrality and sustainable products.
  • Envision — Envision is a smartphone and smartglasses app that empowers blind and low vision users to be independent by speaking out the visual world around them.
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European Bank for Reconstruction and Development
VC Fund · London, England, United Kingdom · 1 investments in Romania Climate startups

The European Bank for Reconstruction and Development (EBRD) invests in changing lives. Through our financial investments, business services and work on policy reform, we're doing more than ever before to build open, market economies across 3 continents.

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Investment focus

  • Industry: Financial Services, Banking, Finance
  • Stage:Debt Financing, Post-IPO Debt
  • Geography: Turkey, Egypt, United States

Investor stats

  • Total investments: 304
  • Round size: Post-IPO Debt $18M–$369M; Debt Financing $5M–$290M
  • Lead/follow: 72% lead, 28% follow

Portfolio highlights

  • Mlinar — Mlinar is the bakery retail and wholesale business in Croatia and operates the largest bakery retail network in South East Europe.
  • Hellas Direct — Hellas Direct is a digital-first, full-stack insurance company, empowered by cutting-edge technology and artificial intelligence. The Cyprus-based company is backed by a roster of leading investors, including Portag3, IFC (a member of the World Bank), Endeavor Catalyst, former Goldman Sachs economist Lord O’Neill and private equity veteran JonMoulton. Modelling itself on Amazon, Hellas Direct aims to disrupt the insurance value chain by adopting an extreme focus on operational excellence.
  • Tbc Bank Group — TBC Bank Group PLC is the UK-based parent company of JSC TBC Bank and its affiliates, Georgia's largest banking group.
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European Union
VC Fund · London, England, United Kingdom · 1 investments in Romania Climate startups

Discover how the EU functions, its principles, priorities; find out about its history and member states; learn about its legal basis and your EU rights.

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Investment focus

  • Industry: Software, Information Technology, Health Care
  • Stage:Grant, Seed
  • Geography: Germany, United Kingdom, United States

Investor stats

  • Total investments: 173
  • Round size: Seed $16k–$5.5M; Grant $55k–$31M
  • Lead/follow: 63% lead, 37% follow

Portfolio highlights

  • Chessed.me — Chessed.me is a digital platform that improves children's concentration and cognitive abilities through individual chess lessons led by teachers.
  • Adamo Foods — Adamo Food is a UK-based food tech company developing plant-based whole-cut meats using proprietary fermentation technology combined with mycelium.
  • Dakar Mobilite — Dakar Mobilité is the Senegalese business that operates the Dakar BRT. The company is concerned with road safety, air pollution, and greenhouse gas emissions.
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Fortech Investments
VC Fund · 1 investments in Romania Climate startups

Romanian Investment fund and strategic partner for early-stage start-ups in Energy, Healthcare, Manufacturing, Automotive, and FinTech.

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Investment focus

  • Industry: Software, Data Mining, Manufacturing
  • Stage:Seed, Debt Financing
  • Geography: Serbia, Romania, United States

Investor stats

  • Total investments: 6
  • Lead/follow: no public data

Portfolio highlights

  • SaleSqueze — Premade 3D configurators for outdoor living products, ready to go live in 7 days. Sell more through your website or dealer network.
  • Synaptiq.io — When Artificial Intelligence meets Medical Analysis - we create software solutions based on AI for improving medical services.
  • Collabwriting — Collabwriting is a simple browser extension that helps you share, comment and collaborate on content you find online
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Climate Investor funding in Romania at a glance

Stats across 26 deals from 27 investors.

27
investors
in Romania Climate startups
26
deals
in Romania Climate startups
$241k
median round
in Romania Climate startups
70%
lead investors
lead at least one round
31%
Pre-Seed
most common funding stage
96/4
VC / Angel
share of investor count

Access all 27 investors in Romania Climate startups.

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