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Top 50 Enterprise Startup Investors in Romania (October 2026)

The most active venture capital funds and angel investors investing in Romania Enterprise startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Romania Enterprise startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
SeedBlink
VC Fund
32 Romania, United States, United Kingdom Seed, Pre-Seed, Series A Software, SaaS, Information Technology $139k–$35M
Early Game Ventures
VC Fund
25 Romania, United States, United Kingdom Seed, Pre-Seed, Venture - Series Unknown Software, Artificial Intelligence, Information Technology $137k–$3.3M
GapMinder VC
VC Fund
19 Romania, United States, United Kingdom Seed, Pre-Seed, Series A Software, Artificial Intelligence, Information Technology $83k–$20M
Roca X
VC Fund
10 Romania, United Kingdom, Italy Seed, Pre-Seed, Convertible Note Software, Information Technology, SaaS $56k–$2.6M
Gecad Ventures
VC Fund
7 Romania, United Kingdom, United States Seed, Series A, Pre-Seed Software, Payments, Information Technology $200k–$5.5M
3TS Capital Partners
VC Fund
6 United States, Poland, Romania Series A, Venture - Series Unknown Software, SaaS, Information Technology $768k–$12M
Sparking Capital
VC Fund
5 Romania, United States, Czech Republic Seed, Pre-Seed SaaS, Internet, Software $330k–$2M
Catalyst Romania
VC Fund
5 Romania, United Kingdom, Serbia Venture - Series Unknown, Seed, Series A Software, Retail, FinTech $1.1M–$6.1M
Day One Capital
VC Fund
5 Hungary, United States, Croatia Seed, Series A, Pre-Seed Software, Artificial Intelligence, Information Technology $500k–$27M
Fortech Investments
VC Fund
5 Romania, United States, Serbia Seed, Pre-Seed, Venture - Series Unknown Software, Artificial Intelligence, Big Data $147k–$1.2M
THE Q AGENCY
VC Fund
5 Romania Seed, Pre-Seed Neuroscience, Analytics, Consulting $11k–$118k
LAUNCHub Ventures
VC Fund
4 Bulgaria, United Kingdom, United States Seed, Series A, Pre-Seed Software, Artificial Intelligence, SaaS $41k–$22M
Marius Ghenea
Angel
4 Romania, United Kingdom, Serbia Series A, Venture - Series Unknown, Seed Software, SaaS, FinTech $569k–$5M
Leryon Holdings
VC Fund
4 Romania Debt Financing, Venture - Series Unknown SaaS, Public Safety, Law Enforcement $531k–$548k
Malin-Iulian Stefanescu
Angel
4 Romania, United States, United Kingdom Seed, Angel, Series A Software, Marketing, Internet $237k–$2M
Sofia Angels Ventures
VC Fund
4 Bulgaria, United Kingdom, Germany Seed, Pre-Seed, Series A Software, Information Technology, Artificial Intelligence $108k–$11M
Underline Ventures
VC Fund
4 Romania, United States, Serbia Seed, Pre-Seed, Series A Software, Artificial Intelligence, Machine Learning $865k–$20M
Marius Istrate
Angel
4 Romania, United States, France Seed, Pre-Seed, Series A Artificial Intelligence, Software, Information Technology $442k–$22M
Inovo.vc
VC Fund
3 Poland, United States, United Kingdom Seed, Pre-Seed, Series A Software, Artificial Intelligence, Information Technology $329k–$23M
MMC Ventures
VC Fund
3 United Kingdom, United States, France Seed, Series A, Series B Software, Artificial Intelligence, Machine Learning $1.4M–$54M
Credo Ventures
VC Fund
3 United States, United Kingdom, Czech Republic Seed, Series A, Pre-Seed Software, Artificial Intelligence, Information Technology $385k–$19M
Hellen's Rock Capital
VC Fund
3 United States, Romania, United Kingdom Seed, Pre-Seed, Venture - Series Unknown Software, Fitness, SaaS $429k–$6.9M
Oliver Hehl
Angel
3 Germany, Romania Angel, Seed, Pre-Seed Banking, FinTech, Financial Services $419k–$575k
Cleverage VentureCapital
VC Fund
3 Romania, Czech Republic, The Netherlands Seed, Convertible Note, Pre-Seed Health Care, SaaS, Big Data $79k–$1.7M
Alfabeat
VC Fund
3 Poland, United States, United Kingdom Seed, Series A, Pre-Seed Software, Marketing, SaaS $199k–$15M
Hoxton Ventures
VC Fund
2 United Kingdom, United States, Canada Seed, Series A, Series B Artificial Intelligence, Software, Health Care $1.9M–$35M
European Union
VC Fund
2 Germany, United Kingdom, United States Grant, Seed, Pre-Seed Software, Information Technology, Health Care $21k–$28M
Neogen Capital
VC Fund
2 Romania, Greece, United Kingdom Pre-Seed, Seed Software, Information Technology, B2C $178k–$2M
D Moonshots
VC Fund
2 Romania, United Kingdom Pre-Seed, Convertible Note SaaS, EdTech, Software $329k–$409k
Bianca Rusu
Angel
2 Romania, United Kingdom Pre-Seed, Equity Crowdfunding, Seed SaaS, Software, EdTech $149k–$628k
Zeyshare Ventures
VC Fund
2 Romania, United States, United Arab Emirates Seed, Series A Internet, News, E-Commerce
Vlad Alecu
Angel
2 Romania, United States Seed, Pre-Seed Marketing, Advertising, Internet
Cosmin Manea
Angel
2 Romania, Spain Angel, Seed SaaS, Big Data, Software $45k–$261k
OTB Ventures
VC Fund
2 Germany, United States, United Kingdom Series A, Seed, Series B Artificial Intelligence, Machine Learning, Software $2M–$60M
Global Founders Capital
VC Fund
2 United States, Germany, United Kingdom Seed, Series A, Pre-Seed Financial Services, Software, FinTech $575k–$30M
Sherry Coutu
Angel
2 United Kingdom, Romania, United States Seed, Angel, Series A Software, E-Commerce, Mobile $446k–$5.7M
Growceanu Angel Investment
VC Fund
2 Romania, Luxembourg, United States Seed, Pre-Seed, Convertible Note Software, Artificial Intelligence, SaaS $154k–$1.2M
Climate-KIC
VC Fund
2 Germany, Italy, Switzerland Seed, Grant, Pre-Seed CleanTech, GreenTech, Sustainability $13–$1.8M
Portfolion
VC Fund
2 Hungary, Poland, United States Seed, Series A, Series B Software, Information Technology, Artificial Intelligence $550k–$45M
Hesham Zreik
Angel
2 United States, India, Nigeria Pre-Seed, Seed, Series A Information Technology, Software, E-Commerce $10k–$5M
Clever Capital
VC Fund
2 United States, Romania, United Kingdom Seed, Pre-Seed Software, B2B, SMS $146k–$1M
VERBUND
VC Fund
2 Austria, Romania Series A, Venture - Series Unknown Software, Car Sharing, Smart Cities $1.6M–$3.3M
Bravva Angels
VC Fund
2 Romania Pre-Seed Impact Investing, Wealth Management, Financial Services $407k–$765k
NETOPIA
VC Fund
2 Romania, United States Pre-Seed, Convertible Note Marketing, Advertising $179k–$207k
Lucian Despoiu
Angel
1 Romania Angel Consulting, Information Services, Information Technology
Charlie Songhurst
Angel
1 United Kingdom, United States, Germany Seed, Pre-Seed Software, Information Technology, Artificial Intelligence $500k–$8M
Fil Rouge Capital (FRC)
VC Fund
1 Croatia, Slovenia, United Kingdom Seed, Pre-Seed Software, Information Technology, E-Commerce
DIMENSION
VC Fund
1 Japan, India, Romania Series A, Series B Artificial Intelligence, Manufacturing, Content
Gustav Söhne Verwaltung GmbH & Co. KG
VC Fund
1 Romania Drones, Military, Public Safety
Bravo Victor Venture Capital
VC Fund
1 United States Internet, Aerospace
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Investor list


Early Game Ventures
VC Fund · Bucharest, Bucuresti, Romania · 25 investments in Romania Enterprise startups

Early Game Ventures (EGV) is a top-decile early-stage VC fund investing in startups across Europe. Our philosophy is quite straightforward: we invest at the earliest stages in companies whose founders have vested interests, are coachable, and address big markets. If the opportunity is real, we prefer to be the first institutional investor in such startups.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: Romania, United States, United Kingdom

Investor stats

  • Total investments: 55
  • Round size: Seed $330k–$1.9M; Pre-Seed $378k–$1.1M; Venture - Series Unknown $137k–$3.3M
  • Lead/follow: 73% lead, 27% follow
  • Last fund: Likely still investing — raised $64M in 2024

Portfolio highlights

  • Kyndred — Kyndred is an AI platform that creates real-time interactive characters powered by generative animation, emotional voice, and long-term memory.
  • Soulstream — The first social note-taking app for books. Underline (formerly BookVitals) helps people extract notes from physical, digital and audiobooks, and then share those book notes with friends and followers.
  • Orbital Matter — Orbital Matter is a construction company in space that works on a 3D printing technology to be used directly in orbit and on the moon. Orbital Matter aims to manufacture large elements of space infrastructure such as walls for space stations, moon habitats, and SBSP reflectors. The company was founded in 2022 and is based in Warsaw, Poland.
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GapMinder VC
VC Fund · Bucharest, Bucuresti, Romania · 19 investments in Romania Enterprise startups

GapMinder is a venture capital fund focused on investing in disruptive early-stage B2B startups in Deeptech and SaaS, primarily in the SEE region and its diaspora. The fund supports companies with high potential for scale, particularly in sectors like AI, fintech, cybersecurity, and automation. GapMinder invests in Seed rounds of €0.5m – €5m, with follow-on investments of up to €12m. The team, composed of former operators and entrepreneurs, emphasizes hands-on support in scaling operations, sales, marketing, and financial planning, aiming to help portfolio companies expand internationally and thrive in global markets.

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Investment focus

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

Investor stats

  • Total investments: 78
  • Round size: Seed $236k–$4.7M; Pre-Seed $83k–$564k; Series A $2.5M–$20M
  • Lead/follow: 59% lead, 41% follow
  • Last fund: Likely still investing — raised $87M in 2024

Portfolio highlights

  • Veridion — Veridion is a living digital replica of the business world. Decision-grade data for enterprise scale systems
  • VoicePatrol — VoicePatrol provides real-time voice chat protection, detecting and acting on severe toxicity and illegal activity for online communities.
  • Salestools AI — Leading AI SDR platform with AI Sales Agents for automated prospecting, AI LinkedIn agents, and people tracking. 3x more meetings booked on autopilot.
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Roca X
VC Fund · Bucharest, Bucuresti, Romania · 10 investments in Romania Enterprise 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, SaaS
  • Stage:Seed, Pre-Seed, Convertible Note
  • Geography: Romania, United Kingdom, Italy

Investor stats

  • Total investments: 36
  • Round size: Seed $150k–$2.6M; Pre-Seed $56k–$915k; Convertible Note $165k–$1.1M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: May invest from a new fund soon — raised $4.4M in 2019

Portfolio highlights

  • FilmChain — Managing end-to-end financial transactions for creative industries
  • 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.
  • Kinderpedia — Free remote video teaching on Kinderpedia, Daily attendance, gradebook and reports and 20 more functionalities for connected education.
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Gecad Ventures
VC Fund · Bucharest, Bucuresti, Romania · 7 investments in Romania Enterprise startups

Our commitment, experience, and perseverance have fueled the creativity of some of the most exciting start-ups in Europe.

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Investment focus

  • Industry: Software, Payments, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Romania, United Kingdom, United States

Investor stats

  • Total investments: 30
  • Round size: Seed $200k–$2M; Pre-Seed $200k–$200k; Series A $2.9M–$5.5M
  • Lead/follow: 27% lead, 73% follow

Portfolio highlights

  • FintechOS — FintechOS is the AI platform for financial product operations. Design, price, launch, and evolve financial products with governed AI and reduced core dependency.
  • Dataworks Research SRL — Dataworks Research, doing business as Veridion, enriches business data by offering comprehensive insights through real-time updates. Fueled by the intricacies of AI and Machine Learning, the company develops effective methods to acquire and maximize the utilization of data. Emphasizing reliability and thoroughness, its datasets remain unparalleledin terms of accuracy and classification, surpassing industry giants.
  • TypingDNA — TypingDNA provides typing biometrics authentication as a service, enabling companies to recognize people by the way they type. The company's authentication technology compares how people type on their keyboards against previous recordings. Works on both mobiles and PCs. Headquartered in New York, United States, with offices in Romania, EU.
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3TS Capital Partners
VC Fund · Helsinki, Southern Finland, Finland · 6 investments in Romania Enterprise startups

One of the leading European technology-focused growth capital investors, backing high-growth SMEs across Technology & Internet, Media & Communications.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Series A, Venture - Series Unknown
  • Geography: United States, Poland, Romania

Investor stats

  • Total investments: 79
  • Round size: Series A $768k–$12M; Venture - Series Unknown $1M–$11M
  • Lead/follow: 52% lead, 48% follow
  • Last fund: Likely still investing — raised $120M in 2024

Portfolio highlights

  • GoTo (formerly LogMeIn) — GoTo, formerly known as LogMeIn, offers flexible-work software solutions such as GoTo Connect, GoTo Resolve, Rescue, and Central. Designed primarily for small and midsize business IT departments yet robust enough for enterprise use, GoTo's platform supports unified communications and collaboration (UCC) as well as IT management and support.With nearly 800,000 customers, GoTo facilitates over 1 billion participants in meetings, classes, and webinars through its UCC products and enables half a billion connections via its remote access and support tools.
  • Wealthon — Wealthon is a lending firm that offers installment loans, bridging loans, and POSCASH to individuals and businesses.
  • BOOKR Kids — BOOKR Kids helps children develop better first and second language skills using engaging technology and fun reading activities and games.
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Sparking Capital
VC Fund · Bucharest, Bucuresti, Romania · 5 investments in Romania Enterprise 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: SaaS, Internet, Software
  • Stage:Seed, Pre-Seed
  • Geography: Romania, United States, Czech Republic

Investor stats

  • Total investments: 12
  • Round size: Seed $330k–$2M
  • Lead/follow: 58% lead, 42% follow

Portfolio highlights

  • Pluria — Flexible offices in LATAM & Europe: hundreds of coworking spaces and meeting rooms for employees and teams. Hybrid work model for companies.
  • RobosizeME — Hotel workflow automation that saves time, reduces errors, and boosts ROI with smart tools designed for modern hotel operations.
  • Vatis Tech — Speech-to-text recognition API with custom AI models and real-time transcription for the English language. Get started now for FREE!
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Catalyst Romania
VC Fund · Bucharest, Bucuresti, Romania · 5 investments in Romania Enterprise startups

Catalyst Romania is a private equity and venture capital fund platform.

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Investment focus

  • Industry: Software, Retail, FinTech
  • Stage:Venture - Series Unknown, Seed, Series A
  • Geography: Romania, United Kingdom, Serbia

Investor stats

  • Total investments: 16
  • Round size: Seed $1.1M–$2.1M; Series A $3.4M–$3.7M; Venture - Series Unknown $1.4M–$6.1M
  • Lead/follow: 69% lead, 31% follow

Portfolio highlights

  • Carfix — Carfix solves every task in minutes, eliminating costly fines for expired inspections, unpaid taxes, human errors & paper-based procedures
  • SOMAREALITY — SOMAREALITY provides eye tracking solutions for diverse industries. Improve healthcare, automotive, research & aviation with real-time cognitive insights.
  • Footprints AI — Retail Media Powered by AI That Understands Why People Buy. Connected to Real Shopper Purchases. Footprints AI is the most advanced platform to buy or sell retail ads - in stores and online - with precise targeting across the largest retail media ecosystem.
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Day One Capital
VC Fund · Budapest, Budapest, Hungary · 5 investments in Romania Enterprise startups

We are an early-stage technology investor, managing privately financed funds. We seek to find and join the most exciting Central Eastern European teams on their global mission.

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Investment focus

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

Investor stats

  • Total investments: 61
  • Round size: Seed $521k–$6.1M; Pre-Seed $500k–$7.2M; Series A $3M–$27M
  • Lead/follow: 26% lead, 74% follow
  • Last fund: Likely actively investing — fund raised in 2025

Portfolio highlights

  • Volteum — Electric vehicle (EV) fleets made easy. Volteum helps companies transition to EVs, optimize charging, and manage electric car fleet operations efficiently.
  • Veridion — Veridion is a living digital replica of the business world. Decision-grade data for enterprise scale systems
  • Whalebone — Whalebone offers zero disruption cybersecurity products to Telcos, ISPs, and enterprises.
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Fortech Investments
VC Fund · 5 investments in Romania Enterprise 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, Artificial Intelligence, Big Data
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: Romania, United States, Serbia

Investor stats

  • Total investments: 19
  • Round size: Seed $147k–$1.2M; Pre-Seed $416k–$922k; Venture - Series Unknown $482k–$500k
  • Lead/follow: 42% lead, 58% follow

Portfolio highlights

  • SaleSqueze — The 3D configurator for outdoor living that prices your product on the spot, writes the quote itself, and helps you close before the deal goes cold.
  • Collabwriting — Collabwriting is a simple browser extension that helps you share, comment and collaborate on content you find online
  • blue auditor GmbH — blue auditor is a sustainability management tool for buildings and real estate portfolios with the focus on transitioning to a sustainable real estate industry; providing wholistic and overall performance monitoring and improvements for sustainability management.
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
THE Q AGENCY
VC Fund · Bucharest, Bucuresti, Romania · 5 investments in Romania Enterprise startups

THE Q AGENCY is a Business Development Company which focuses on creating and investing in small businesses that have a cognitive approach in their processes, operations and of course in the products and services offered. We like to develop companies that outthink the competition and enhance the way we live and work.

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Investment focus

  • Industry: Neuroscience, Analytics, Consulting
  • Stage:Seed, Pre-Seed
  • Geography: Romania

Investor stats

  • Total investments: 9
  • Round size: Seed $16k–$118k; Pre-Seed $11k–$24k
  • Lead/follow: 11% lead, 89% follow

Portfolio highlights

  • THE Q AGENCY — THE Q AGENCY is a Business Development Company which focuses on creating and investing in small businesses that have a cognitive approach in their processes, operations and of course in the products and services offered. We like to develop companies that outthink the competition and enhance the way we live and work.
  • THE Q SECTOR — The Q Sector is a concept that focuses on digital transformation and Industry 4.0 practices. The platform explains how digital technology connects with manufacturing, automation, artificial intelligence, and networking systems. It shares information about digital transformation in business operations and production processes. The platform coverssectors such as agriculture, mining, equipment, consumer industries, banking, retail, and logistics. It also includes areas related to information technology, research and development, knowledge services, corporations, and government. The platform provides content and updates about Industry 4.0 topics through sector-based categories. It also offers subscription access and contact options for people who want more information about digital transformation themes.
  • THE Q SECTORS - Research Center — Institute of THE Q SECTORS
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LAUNCHub Ventures
VC Fund · Sofia, Grad Sofiya, Bulgaria · 4 investments in Romania Enterprise startups, 6 in the past 12 months

Seed-stage VC fund for Central and Eastern Europe. 90+ companies backed.

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Investment focus

  • Industry: Software, Artificial Intelligence, SaaS
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Bulgaria, United Kingdom, United States

Investor stats

  • Total investments: 167
  • Round size: Seed $41k–$3.4M; Pre-Seed $216k–$2.8M; Series A $4.4M–$22M
  • Lead/follow: 19% lead, 81% follow
  • Last fund: May invest from a new fund soon — raised $85M in 2021

Portfolio highlights

  • 1club AI — 1club is an AI-native club management software platform built for gyms, fitness studios, and multi-sport facilities. It helps operators automate memberships, bookings, scheduling, billing, and member communication in one unified system. With built-in marketplace distribution, branded member portals, and AI agents that assist both staff and members, 1club enables clubs to streamline operations, increase revenue, and deliver a modern digital experience to their communities.
  • Veridion — Veridion is a living digital replica of the business world. Decision-grade data for enterprise scale systems
  • Nanogram — Nanogram is an AI-powered gaming startup that creates an instant prompt-to-game platform, allowing anyone to build and share interactive short-form video games. Frequently described as "TikTok for mobile games," the company delivers an endless, vertical social feed of byte-sized, zero-download games that players swipe through and playinstantly.
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Marius Ghenea
Angel · Bucharest, Bucuresti, Romania · 4 investments in Romania Enterprise startups

• Partner of Catalyst Romania VC Fund (part of 3TS Capital Partners) - http://catalystromania.ro/ • “Investor of the Year in Romania 2016 and 2017" award by CESA with Catalyst Romania Fund • Serial entrepreneur and business-angel with successful investments in SEE, ranks in fortune Romanian surveys Capital, Forbes. • Experienceas an start-up entrepreneur with Flamingo, from zero revenues and capital to a $50M company, the largest IT product distribution network in Romania, in 7 years. Setting-up a Flamingo International group structure with direct operations in 7 SEE countries (Romania, Bulgaria, Croatia, Hungary, Macedonia, Moldova, Yugoslavia) and one fully-fledged subsidiary in Holland, 1999 – 2001. • Manager of team of 500+ people with Flamingo, employees from various countries (majority Romanian), cultures, backgrounds and contributing to the creation of one of the best teams in the IT business in the Balkan region • Experience in private equity and venture capital investments. Deal-leader on 6 (123ContactForm, VectorWatch, Marketizator Friends, Intelligent IT/SmartBill, Smartdreamers, Vola.ro) out of 10 investments of Catalyst Romania Fund. • Exit track-record: VectorWatch, sold to FitBit early 2017, PCGarage, bought by Naspers/Emag in 2016; VikingProfil, bought by Pruzsinski of Poland, 2008, Flanco, successful exit in 2006, Flamingo, successful IPO in 2004, etc. • Co-Founder VentureConnect (regional matchmaking platform for tech start-up entrepreneurs and early-stage investors); President Romanian Association for the Online Stores (ARMO) • Entrepreneurship, Innovation and New Business Ventures Professor, Maastricht School of Management EMBA program • Co-organizer Schoolforstartups Romania, the first SE European entrepreneurship school • Author of “Entrepreneurship”, the first Romanian book on entrepreneurship and TV dragon in the Romanian Dragons’ Den

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Investment focus

  • Industry: Software, SaaS, FinTech
  • Stage:Series A, Venture - Series Unknown, Seed
  • Geography: Romania, United Kingdom, Serbia

Investor stats

  • Total investments: 14
  • Round size: Seed $784k–$1.1M; Series A $569k–$3.7M; Venture - Series Unknown $1.1M–$5M
  • Lead/follow: 64% lead, 36% follow

Portfolio highlights

  • Marketizator — Serious eCommerce players become customer-centric if they focus on what matters. Optimize your customer journey with data-driven decisions.
  • Vector Watch — Vector Watch's vision is to change the way people use smart watches and wearable technologies. The company was founded in 2013 by a team of former executives in the technology industry, backed by young engineers and multi-awarded designers for their projects in international innovation competitions.
  • SmartDreamers — The talent acquisition software that helps you reach and engage more, better candidates in record time through the use of Recruitment Marketing Automation.
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Leryon Holdings
VC Fund · Galati, Galati, Romania · 4 investments in Romania Enterprise startups

ALTERNATIVE INVESTMENTS - On top of our leading real estate focus, we also manage investments in stocks & bonds, as well as act as a boutique venture capital firm identifying start-ups with high potential and providing initial seed funding, while accompanying them during the early years of development and growth.

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Investment focus

  • Industry: SaaS, Public Safety, Law Enforcement
  • Stage:Debt Financing, Venture - Series Unknown
  • Geography: Romania

Investor stats

  • Total investments: 4
  • Round size: Debt Financing $531k–$548k
  • Lead/follow: 75% lead, 25% follow

Portfolio highlights

  • Flyward — Flyward delivers precise aircraft maintenance cash flow forecasting and pricing software for lessors, investors, and aviation finance experts.
  • Invisum Ai — InVisum AI specializes in different types of AI-driven facial/object recognition software for the intelligence community & savvy businesses that need an edge over their competition.
  • Orbotix — Orbotix Tech - Revolutionize the defense industry with innovative designs and advanced technologies that redefine operations.
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Malin-Iulian Stefanescu
Angel · Bucharest, Bucuresti, Romania · 4 investments in Romania Enterprise startups

Business Angel, Entrepreneur, Father

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Investment focus

  • Industry: Software, Marketing, Internet
  • Stage:Seed, Angel, Series A
  • Geography: Romania, United States, United Kingdom

Investor stats

  • Total investments: 11
  • Round size: Seed $237k–$2M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • Aggero — Turn every piece of video content into actionable insights for your next campaign
  • Tokinomo — Discover Tokinomo, the in-store interactive robotic promotional display helps FMCG products stand out on the shelves for an average 200% increase in sales.
  • Vatis Tech — Speech-to-text recognition API with custom AI models and real-time transcription for the English language. Get started now for FREE!
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Sofia Angels Ventures
VC Fund · Sofia, Grad Sofiya, Bulgaria · 4 investments in Romania Enterprise startups

Agri supply chain tech and finance solutions.World best visual search platformImproving transportation industry via advanced technology and

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Bulgaria, United Kingdom, Germany

Investor stats

  • Total investments: 22
  • Round size: Seed $657k–$2.9M; Pre-Seed $108k–$901k; Series A $9.8M–$11M
  • Lead/follow: 32% lead, 68% follow

Portfolio highlights

  • Ogre AI — AI foresight for every asset, grid node and market, turned into decisions: constraint actions, site schedules, trading positions. Live in 17 countries.
  • Fabrico SaaS — Manufacturing performance platform: MES and OEE software with CMMS built in. Real-time production monitoring, downtime tracking and a price on every loss.
  • Blue Longevity — Expert care for a healthier, longer life. Opening soon Athens | Istanbul | Sofia
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Underline Ventures
VC Fund · Bucharest, Bucuresti, Romania · 4 investments in Romania Enterprise startups

We underline founders.

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Investment focus

  • Industry: Software, Artificial Intelligence, Machine Learning
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Romania, United States, Serbia

Investor stats

  • Total investments: 21
  • Round size: Seed $1.2M–$5.5M; Pre-Seed $865k–$2.7M; Series A $14M–$20M
  • Lead/follow: 14% lead, 86% follow
  • Last fund: Likely still investing — raised $20M in 2023

Portfolio highlights

  • Almetra — We use computer vision and AI analytics to provide insights into manual assembly processes - our platform supports process engineers in driving productivity and quality of assembly processes
  • Embedd — Chips modelled as digital twins. Software, tests and simulations generated for any target.
  • Veridion — Veridion is a living digital replica of the business world. Decision-grade data for enterprise scale systems
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Marius Istrate
Angel · 4 investments in Romania Enterprise startups

Former Chief People Officer of UiPath, from 2017 until 2020. Former CEO of SkillValue, from 2014 until 2016. Angel Investor and VC Investor. Focus on Enterprise SaaS, Productivity Tech, Dev Tools, Cloud, AI & Automation.

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Investment focus

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

Investor stats

  • Total investments: 15
  • Round size: Seed $1.2M–$8.5M; Pre-Seed $442k–$3.3M; Series A $6.4M–$22M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • parol — A platform that streamlines clinical procedures, records the consultation in real time, files all the paperwork for the doctor, and brings in more patients.
  • Kodesage — Kodesage captures your company's collective knowledge to help understand and modernize legacy code
  • Riptides — Riptides secures non-human identities at the kernel level. SPIFFE-based workload identity, secretless credentials, automatic mTLS, and per-agent egress control, enforced at runtime with no SDKs and no code changes.
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Inovo.vc
VC Fund · Warsaw, Mazowieckie, Poland · 3 investments in Romania Enterprise startups, 8 in the past 12 months

VC for the most ambitious founders in CEE

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Investment focus

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

Investor stats

  • Total investments: 103
  • Round size: Seed $329k–$9.9M; Pre-Seed $700k–$3.4M; Series A $1.7M–$23M
  • Lead/follow: 51% lead, 49% follow
  • Last fund: Likely still investing — raised $107M in 2022

Portfolio highlights

  • Creem — Creem is the money platform for the AI era. Sell software and digital products globally.
  • Yope — Salo is a discussion platform that erases the borders for people with diverse opinions to let anyone speak up and be heard.
  • Nanogram — Nanogram is an AI-powered gaming startup that creates an instant prompt-to-game platform, allowing anyone to build and share interactive short-form video games. Frequently described as "TikTok for mobile games," the company delivers an endless, vertical social feed of byte-sized, zero-download games that players swipe through and playinstantly.
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MMC Ventures
VC Fund · London, England, United Kingdom · 3 investments in Romania Enterprise startups

MMC is an early-stage venture capital fund investing in exceptional entrepreneurs across Europe.

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Investment focus

  • Industry: Software, Artificial Intelligence, Machine Learning
  • Stage:Seed, Series A, Series B
  • Geography: United Kingdom, United States, France

Investor stats

  • Total investments: 261
  • Round size: Seed $1.4M–$10M; Series A $2.9M–$19M; Series B $10M–$54M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: May invest from a new fund soon — raised $129M in 2019

Portfolio highlights

  • Zenithon — Zenithon is building machine learning models to provide a step change in the development and optimization of technology. The company's mission is to keep humanity on the exponential by enabling radically faster and more accurate design and optimization. Their team develops physics grounded machine learning models that make complex simulations dramatically faster, enabling more simulations, more iterations and more ways to explore what is possible.
  • ABEX — Algorithmic Best Execution for Digital Assets
  • Stanhope AI — Stanhope AI is a deep-tech startup based in London with a strong background in neuroscience, robotics and fintech. We are bringing Active Inference to market as a novel framework for autonomous decision-making. To contend with the challenges of contemporary AIs, our distinct approach aims to offer
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Credo Ventures
VC Fund · Prague, Hlavni mesto Praha, Czech Republic · 3 investments in Romania Enterprise startups

We partner with outstanding technology founders from Central and Eastern Europe to help them realize their global ambitions.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, United Kingdom, Czech Republic

Investor stats

  • Total investments: 187
  • Round size: Seed $800k–$7M; Pre-Seed $385k–$10M; Series A $2M–$19M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: Likely actively investing — fresh fund, raised $88M in 2026

Portfolio highlights

  • Modeinspect — acreom is the integrated markdown knowledge base with tasks. Your personal daily driver for your dev workflow.
  • Fabrica AI — Fabrica AI offers a revolutionary platform for faster robot development, using custom hardware designs and learned optimal control to increase efficiency while minimizing complexity and cost. With a vision for a future where robot development takes days, not years.
  • Delta Green — Aggregating household assets in large controllable block of flexibility.
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Hellen's Rock Capital
VC Fund · Bucharest, Bucuresti, Romania · 3 investments in Romania Enterprise startups

We partner with innovative doers and thinkers who have the know-how and vision to build game-changing companies.

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Investment focus

  • Industry: Software, Fitness, SaaS
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: United States, Romania, United Kingdom

Investor stats

  • Total investments: 22
  • Round size: Seed $700k–$6.9M; Pre-Seed $429k–$1.9M
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • GoJoe — Ditch the step challenge apps and employee engagement platforms and boost inclusivity and engagement with GoJoe.The employee engagement and wellbeing app that people actually use.
  • Rolla — Rolla is a social fitness platform that helps users track, compete and have fun while working out - outdoors, indoors, and virtually. It gives the best of both worlds, seamlessly providing the transition between virtual and real-life activities with a full overview of activities while connecting users with others in social and community features.Rolla brings a fun and easy-to-use health and fitness platform to its users by empowering them to keep track of and improve their wellbeing. We provide a seamless way for users to exercise or compete outdoors, indoors, and virtually.
  • Rolla — Rolla helps beginners and fitness enthusiasts to improve their overall health & fitness. Take the next step and reach your goals with features tailored to your preferences and fitness level.
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Oliver Hehl
Angel · Walldorf, Baden-Wurttemberg, Germany · 3 investments in Romania Enterprise startups

Oliver Hehl

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Investment focus

  • Industry: Banking, FinTech, Financial Services
  • Stage:Angel, Seed, Pre-Seed
  • Geography: Germany, Romania

Investor stats

  • Total investments: 5
  • Round size: Pre-Seed $419k–$575k
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • OWWN — OWWN is a banking app that provides a one-stop shop for young adults to manage their finances. It allows customers to maintain an account with a Visa debit card and make mobile payments, just like a typical bank, but they can also apply for a student loan from Kfw Bank. At the same time, they can create shared savings pools, anonymously comparetheir budgets with friends, and participate in challenges. Users can use Owwn alone or collectively.
  • Jobful — Build engaged talent pipelines with AI-powered recruitment. Reduce cost per hire by 35%, shift from reactive to strategic hiring. Trusted by enterprise leaders.
  • deineStudienfinanzierung — deineStudienfinanzierung is the digital platform to help students finance their studies.
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Cleverage VentureCapital
VC Fund · 3 investments in Romania Enterprise startups

Cleverage Venture Capital

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Investment focus

  • Industry: Health Care, SaaS, Big Data
  • Stage:Seed, Convertible Note, Pre-Seed
  • Geography: Romania, Czech Republic, The Netherlands

Investor stats

  • Total investments: 11
  • Round size: Seed $154k–$1.7M; Convertible Note $79k–$409k
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • Kardi Ai — Kardi Ai is a healthtech startup focused on long-term heart monitoring. With its smart wearable and AI-powered app, it provides a 6× higher chance of detecting heart rhythm disorders than current methods, covering 7 types of arrhythmias. Backed by MDR class IIa medical certification, it empowers people to protect their heart health while givingdoctors a reliable tool that saves time and improves patient care.
  • Synaptiq.io — When Artificial Intelligence meets Medical Analysis - we create software solutions based on AI for improving medical services.
  • XVision — XVision is an automated x-ray analysis application that assists radiologists by providing accurate interpretations of medical images
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Alfabeat
VC Fund · Gdansk, Pomorskie, Poland · 3 investments in Romania Enterprise startups

Welcome to Alfabeat, a specialist seed and early stage venture capital fundfocused on Enterprise SaaS companies from Central and Eastern Europe,backed by successful enterprise software founders.

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Investment focus

  • Industry: Software, Marketing, SaaS
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Poland, United States, United Kingdom

Investor stats

  • Total investments: 33
  • Round size: Seed $199k–$4M; Pre-Seed $300k–$1.2M; Series A $2.5M–$15M
  • Lead/follow: 39% lead, 61% follow

Portfolio highlights

  • Andiamo — See what people are saying. Andiamo gives me full control over my prescription. I can achieve outcomes I didn't think
  • SunRoof — Roof of the future
  • Druid AI — DRUID is an AI platform that allows companies to automate processes by designing and deploying UiPath RPA integrated chatbot virtual assistants.
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Hoxton Ventures
VC Fund · London, England, United Kingdom · 2 investments in Romania Enterprise startups

Hoxton Ventures focuses on startups that either disrupt existing industries or invent entirely new market categories. Hoxton typically invests between $500,000 and $5 million into pre-seed, seed, and Series A stage companies, and follows its capital through the life of the company. The firm is based in London and invests all across Europe.

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Investment focus

  • Industry: Artificial Intelligence, Software, Health Care
  • Stage:Seed, Series A, Series B
  • Geography: United Kingdom, United States, Canada

Investor stats

  • Total investments: 141
  • Round size: Seed $1.9M–$12M; Series A $5M–$28M; Series B $6M–$35M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely actively investing — fresh fund, raised $60M in 2026

Portfolio highlights

  • Preply — Looking for a tutor? Preply is the best platform for private online lessons with a flexible payment system and affordable prices. Book your first lesson.
  • Veridion — Veridion is a living digital replica of the business world. Decision-grade data for enterprise scale systems
  • Fabrica AI — Fabrica AI offers a revolutionary platform for faster robot development, using custom hardware designs and learned optimal control to increase efficiency while minimizing complexity and cost. With a vision for a future where robot development takes days, not years.
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European Union
VC Fund · London, England, United Kingdom · 2 investments in Romania Enterprise startups, 32 in the past 12 months

European.eu is the official website of the European Union. It is a good starting point if you are looking for information and services provided by the EU but you don't know your way around their sites. The European Union is a unique economic and political union between 28 EU countries that together cover much of the continent.

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Investment focus

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

Investor stats

  • Total investments: 231
  • Round size: Seed $21k–$5.4M; Grant $64k–$28M; Pre-Seed $40k–$2.2M
  • Lead/follow: 64% lead, 36% follow

Portfolio highlights

  • Helbio — Helbio specializes in development, manufacturing and marketing of Hydrogen and Energy Systems, either for industrial use or integrated with fuel cells for Combined Heat and Power (CHP) production.
  • Resolutiion — Resolutiion provides AI-powered software for managing commercial conflict, delivery risk, and business relationship performance. The platform supports organizations with dispute detection, workflow automation, contract monitoring, issue resolution, and operational risk management across customers, suppliers, workforce teams, and commercialpartnerships. Its system uses AI-driven analysis to identify relationship friction, monitor delivery performance, and support structured resolution processes. Resolutiion also provides commercial intelligence tools, reporting, and collaboration features for enterprise delivery and governance management.
  • Sensible Biotechnologies — Engineering cells to make better mRNA.
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Neogen Capital
VC Fund · Targu-mures, Mures, Romania · 2 investments in Romania Enterprise startups

We're a venture studio specialised in marketplaces. We build, fund or buy tech companies with impact.

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Investment focus

  • Industry: Software, Information Technology, B2C
  • Stage:Pre-Seed, Seed
  • Geography: Romania, Greece, United Kingdom

Investor stats

  • Total investments: 5
  • Round size: Seed $547k–$589k; Pre-Seed $178k–$2M
  • Lead/follow: 80% lead, 20% follow

Portfolio highlights

  • Protio — Protio is proptech startup reinventing the process of buying & selling real estate.
  • TULIPR — Tulipr is your solution for Marketing Procurement in the FMCG industry. Manage suppliers and vendors efficiently.
  • Metabeta — Early-stage portfolio management for startup accelerators and investors.
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D Moonshots
VC Fund · 2 investments in Romania Enterprise startups

D Moonshots in an investment fund created by Sacha Dragic, founder of the Superbet group.

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Investment focus

  • Industry: SaaS, EdTech, Software
  • Stage:Pre-Seed, Convertible Note
  • Geography: Romania, United Kingdom

Investor stats

  • Total investments: 3
  • Round size: Convertible Note $329k–$409k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Medicai — Medicai allows for in-the-cloud, real-time collaboration between doctors and patients on imaging investigations (CT, MRI, PET-CT, and more) and medical documents.
  • Bodyswaps — Bodyswaps is a SaaS soft skills training solution offering a library of VR and mobile simulations for management, diversity and employability training.
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Bianca Rusu
Angel · Cluj-napoca, Cluj, Romania · 2 investments in Romania Enterprise startups

Entrepreneur & angel investor in disruptive startups building the future through technology.

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Investment focus

  • Industry: SaaS, Software, EdTech
  • Stage:Pre-Seed, Equity Crowdfunding, Seed
  • Geography: Romania, United Kingdom

Investor stats

  • Total investments: 6
  • Round size: Seed $603k–$628k; Pre-Seed $367k–$487k; Equity Crowdfunding $149k–$450k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Cyscale — At Cyscale, we believe that a safer Cloud means a safer World. We need to do something extraordinary to have a better, easier and more secure way of designing & deploying any Cloud Infrastructure in AWS, Azure, GCP, OpenStack, VMWare, IBM Cloud, Oracle Cloud and even Alibaba Cloud.That is why we create amazing tools so that everybody canbuild & deploy cloud infrastructure with security in mind, knowing the costs upfront, while maintaining continuous regulatory compliance. All done automatically with just a few clicks.We are the first Cloud Management, Security and Compliance company empowering both regular people and cloud professionals with visual tools to meet this level of cloud automation and security.We're Cyscale, born in the Cloud to protect the Cloud!Join our team or pre-register for the product launch: https://cyscale.com
  • BRIO — Brio is more than an idea whose time has come — it’s a fully fledged DeepTech SaaS educational platform that was conceptualised according to the most rigorous global standards. One of those few fortunate businesses where profit and social purpose go hand in hand, Brio is a first mover in a market of 3 million students (in Romania alone), offeringcore testing products for grades 1-12, for the National Evaluation and the Baccalaureate.
  • SecurifAI — SecurifAI develop AI systems for real-time video analysis in order to detect suspect behavior, potential attacks, and deliver timely alerts.
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Zeyshare Ventures
VC Fund · Bucharest, Bucuresti, Romania · 2 investments in Romania Enterprise startups

Zeyshare Ventures provides venture capital investments in early & growth stage technology startups across Romania and the Central & South Eastern Europe region, as well as venture building services. Zeyshare Ventures | venture capital & venture building

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Investment focus

  • Industry: Internet, News, E-Commerce
  • Stage:Seed, Series A
  • Geography: Romania, United States, United Arab Emirates

Investor stats

  • Total investments: 12
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • Five FS — Five FS offers five financial services: loans, mortgages, deposits, insurance and leasing, by pitting financial institutions against each other in a bidding process.
  • Bidvilla — Bidvilla is a bidding platform for home buyers and homeowners.
  • TechRadarRO — TechRadar.ro is a news aggregator platform focused on the Romanian content market.
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Vlad Alecu
Angel · 2 investments in Romania Enterprise startups

Investment focus

  • Industry: Marketing, Advertising, Internet
  • Stage:Seed, Pre-Seed
  • Geography: Romania, United States

Investor stats

  • Total investments: 4
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • LinkSides — LinkSides is a digital media company that specializes in artificial intelligence, online marketing, computer software, web design & more.
  • LeapList — LeapList is a Romanian digital media company that publishes business content.
  • SpreadVision — Internet company focusing on improving storytelling. We build creative products, ultimately driving actual business results.
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Cosmin Manea
Angel · 2 investments in Romania Enterprise startups

Cosmin Manea is a Founding Partner at Instashop.

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Investment focus

  • Industry: SaaS, Big Data, Software
  • Stage:Angel, Seed
  • Geography: Romania, Spain

Investor stats

  • Total investments: 4
  • Round size: Angel $45k–$261k
  • Lead/follow: 75% lead, 25% follow

Portfolio highlights

  • Safeflows — Outbound lead generation services for B2B
  • Burger Index — One database for all online food and grocery data
  • 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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OTB Ventures
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 2 investments in Romania Enterprise startups, 11 in the past 12 months

OTB Ventures is a leading European VC focused on DeepTech with an unfair advantage in accessing Central and Eastern European (CEE) deal flow, investing in early growth, real tech startups (late Seed, Series A and B) that develop unique technologies in 4 verticals: SpaceTech, AI & Automation, FinTech and Cybersecurity OTB Ventures was established in 2017 and is currently the largest VC originating from the CEE, managing over $300M. OTB Ventures has two offices: Amsterdam (Netherlands) and Warsaw (Poland).

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Investment focus

  • Industry: Artificial Intelligence, Machine Learning, Software
  • Stage:Series A, Seed, Series B
  • Geography: Germany, United States, United Kingdom

Investor stats

  • Total investments: 62
  • Round size: Seed $2M–$15M; Series A $4M–$35M; Series B $8.8M–$60M
  • Lead/follow: 47% lead, 53% follow
  • Last fund: Likely still investing — raised $191M in 2022

Portfolio highlights

  • Veridion — Veridion is a living digital replica of the business world. Decision-grade data for enterprise scale systems
  • Arlequin AI — Unlock actionable insights from complex social data to drive strategic decisions using our AI models.
  • Sensible Biotechnologies — Engineering cells to make better mRNA.
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Global Founders Capital
VC Fund · Berlin, Berlin, Germany · 2 investments in Romania Enterprise startups

Over the past two decades, GFC have backed over five hundred entrepreneurs worldwide, e.g. Facebook, LinkedIn, Slack, and Away Travel.

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Investment focus

  • Industry: Financial Services, Software, FinTech
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Germany, United Kingdom

Investor stats

  • Total investments: 1121
  • Round size: Seed $1.2M–$8.8M; Pre-Seed $575k–$5M; Series A $5M–$30M
  • Lead/follow: 25% lead, 75% follow
  • Last fund: May invest from a new fund soon — raised $2B in 2018

Portfolio highlights

  • Benford — Benford is a modern, licensed audit firm that provides technology-driven statutory audit services using its custom software, AuditOS.
  • Primo — A birdseye view of your IT.
  • sevDesk — Deutschlands beliebteste Buchhaltungssoftware: Rechnungen& Angebote erstellen, Buchhaltung erledigen, Kunden- &Lagerverwaltung u.v.m.
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Sherry Coutu
Angel · London, England, United Kingdom · 2 investments in Romania Enterprise startups

Sherry Coutu currently works as an Independent Non Executive Director for Pearson. She previously worked at superpower as a Director. Sherry Coutu attended Harvard Business School.

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Investment focus

  • Industry: Software, E-Commerce, Mobile
  • Stage:Seed, Angel, Series A
  • Geography: United Kingdom, Romania, United States

Investor stats

  • Total investments: 11
  • Round size: Seed $800k–$5.7M; Angel $446k–$637k; Series A $1.8M–$3M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • 5Mins — 5Mins is the new microlearning platform that helps your employees build in-demand skills fast with AI-powered personalisation and advanced gamification.
  • Topia — Discover our professional services designed to elevate your business with expert solutions tailored to your needs. Contact us today for trusted support.
  • FullCircl — FullCircl is a Customer Lifecycle Intelligence (CLI) platform for customer-facing channels in B2B financial services. Better business, faster.
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Growceanu Angel Investment
VC Fund · 2 investments in Romania Enterprise startups

Growceanu is a group of business angels, active primarily in high-tech areas that contribute with money, professional and business expertise and personal connections to the development of tech startups with high potential of growth.

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Investment focus

  • Industry: Software, Artificial Intelligence, SaaS
  • Stage:Seed, Pre-Seed, Convertible Note
  • Geography: Romania, Luxembourg, United States

Investor stats

  • Total investments: 11
  • Round size: Seed $154k–$1.2M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • Milluu — Helping places become homes! Milluu is the app that gets personal, relevant and smart about rent.We believe that things are done properly when you're personally invested. And we invest our technology & smart tools to help you find your next home or your next ideal tenant!We have created a service app that connects directly listers andtenants based on their preferences.Based on AI and ML, our Milluu Bot is the friendly face of the app, assisting you permanently in your rental journey, making suggestions for great matches and helping you close the deal.
  • MediNav — MediNav is a software company. They offer machine learning, artificial intelligence, medtech, and digital health services. They focus on delivering cutting edge technology to hospitals and private practices in order to support them during their consultations and reduce the time spent on filling forms. If anyone wants to contact them please contactthem via phone call or email.
  • Licenseware — LICENSEWARE is the modular SAM platform: connect the data you already have and get license positions, cost savings and audit defence per vendor in minutes.
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Climate-KIC
VC Fund · Zürich, Zurich, Switzerland · 2 investments in Romania Enterprise 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, GreenTech, Sustainability
  • Stage:Seed, Grant, Pre-Seed
  • Geography: Germany, Italy, Switzerland

Investor stats

  • Total investments: 19
  • Round size: Seed $259k–$1.8M; Grant $13–$99k; Pre-Seed $55k–$373k
  • Lead/follow: 42% lead, 58% 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 helps coastal authorities detect marine pollution hotspots, prioritise interventions, coordinate local actors and verify measurable impact.
  • GreenPow — GreenPow is The Adaptive Computing Platform. MAIZX, our continuously-deciding control plane, routes workloads across regions based on energy, carbon, cost, performance, and compliance signals - so infrastructure thinks, not just runs.
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Portfolion
VC Fund · Budapest, Budapest, Hungary · 2 investments in Romania Enterprise startups

​Portfolion is a USD 800M AUM VC firm investing from pre-seed to series B, from its second- and third-generation funds. Our ticket sizes range from EUR 0.5M to EUR 3M at pre-seed and seed, and EUR 5M to EUR 40M at growth stage. We aim to be the first or second investors of CEE's most ambitious founders — those determined to build companies that shape industries — with the belief that exceptional people with unreasonable commitment tend to find a way. Our multi-stage fund structure allows us to form long-term partnerships with entrepreneurs and support them consistently and flexibly at every stage of their journey.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Series A, Series B
  • Geography: Hungary, Poland, United States

Investor stats

  • Total investments: 78
  • Round size: Seed $550k–$6.6M; Series A $1.6M–$13M; Series B $4M–$45M
  • Lead/follow: 42% lead, 58% follow
  • Last fund: May invest from a new fund soon — raised $82M in 2020

Portfolio highlights

  • Kodesage — Kodesage captures your company's collective knowledge to help understand and modernize legacy code
  • Mobilfox — Mobilredfox offers phone cases and mobile accessories, focusing on protection and style for smartphones.
  • GymBeam — We are a fitness e-commerce platform with sports nutrition, premium services, and fair prices. We offer a wide range of nutritional supplements and advanced foods.
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Hesham Zreik
Angel · Dubai, Dubai, United Arab Emirates · 2 investments in Romania Enterprise startups

Hesham Zreik is the CEO of FasterCapital. He previously worked at DreamApps as a Project Manager. Hesham attended the University of Westminster.

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Investment focus

  • Industry: Information Technology, Software, E-Commerce
  • Stage:Pre-Seed, Seed, Series A
  • Geography: United States, India, Nigeria

Investor stats

  • Total investments: 1176
  • Round size: Seed $20k–$2M; Pre-Seed $10k–$1M; Series A $170k–$5M
  • Lead/follow: 53% lead, 47% follow

Portfolio highlights

  • EasyBusy — EasyBusy is a contractor-client matching platform designed to address key challenges in the GCC service and construction economy.
  • Excel And Impact Agro — Excel And Impact Agro aims to tackle the chronic shortage of vegetable production in Côte d'Ivoire.
  • JLC Industry Of Tomato Paste Sarl U — JLC Industry is a Togolese agro-industrial startup dedicated to the production, processing, and commercialization of tomato concentrate.
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Clever Capital
VC Fund · 2 investments in Romania Enterprise startups

Clever Capital is a private investment vehicle based in Cluj-Napoca, Romania that generally invests in early stage technology focused startups, including fintech and blockchain projects, and mentors them to support accelerated growth locally and internationally, as well as help them reach next investment rounds.

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Investment focus

  • Industry: Software, B2B, SMS
  • Stage:Seed, Pre-Seed
  • Geography: United States, Romania, United Kingdom

Investor stats

  • Total investments: 9
  • Round size: Seed $146k–$1M; Pre-Seed $575k–$704k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Oveit — Discover Oveit's innovative platform for ticketing, registration, and cashless payments. Elevate your events with seamless, secure, and user-friendly solutions.
  • 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.
  • Plant an App — Plant an App enables small teams to build, integrate, and continuously evolve the mission-critical systems their organization depends on. Government, enterprise, and delivery partners build on Plant an App.
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VERBUND
VC Fund · Vienna, Wien, Austria · 2 investments in Romania Enterprise startups

Austria's largest electricity provider

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Investment focus

  • Industry: Software, Car Sharing, Smart Cities
  • Stage:Series A, Venture - Series Unknown
  • Geography: Austria, Romania

Investor stats

  • Total investments: 4
  • Round size: Series A $1.6M–$1.6M; Venture - Series Unknown $3.3M–$3.3M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Necture — NECTURE empowers businesses to unlock the full potential of fleets, seamlessly bridging the gap between mobility and energy. Combining human-driven information with data-driven intelligence, we provide tailored solutions that optimize operations, reduce costs, and achieve sustainability goals. Our AI-driven technology platform offers advanced dataanalytics, automation, and user experience for efficient fleet management. Going beyond mere intelligence, we translate data into real-world actions, minimizing environmental impact and driving a cleaner, greener future. NECTURE is building a world where electric fleets are not only possible, but thrive.
  • Ogre AI — AI foresight for every asset, grid node and market, turned into decisions: constraint actions, site schedules, trading positions. Live in 17 countries.
  • Necture — Ubiq enables mobility sharing operators to become profitable. Through demand prediction, demand fullfillment, predictive charging, dynamic pricing and policy compliance we provide tools for operational excellence.
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Bravva Angels
VC Fund · Bucharest, Bucuresti, Romania · 2 investments in Romania Enterprise startups

A community of business angels, driven by the desire to invest with high impact for a better life.

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Investment focus

  • Industry: Impact Investing, Wealth Management, Financial Services
  • Stage:Pre-Seed
  • Geography: Romania

Investor stats

  • Total investments: 2
  • Round size: Pre-Seed $407k–$765k
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Jobful — Build engaged talent pipelines with AI-powered recruitment. Reduce cost per hire by 35%, shift from reactive to strategic hiring. Trusted by enterprise leaders.
  • Vestinda — Vestinda is the platform that provides investments in digital assets. Their features are portfolio tracking, crypto portfolio tracking, strategy libraries,crypto investment strategies,strategy builders, trading strategies built with no code, backtesting backtested crypto trading strategies,demo trading,crypto paper trading, and risk-free livetrading.
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NETOPIA
VC Fund · Bucharest, Bucuresti, Romania · 2 investments in Romania Enterprise startups

NETOPIA System is the leading company offering mobile based services in Romania. A young team of professionals have growth a successful story in no more than 5 years. Today, NETOPIA System has a turnover of more than 2.5Milion Euro, offices in Bucharest Romania and Palo Alto CA , a dedicated team of 10 people and several top services available.Netopia is committed to lead the mobile revolution in Romania and to extend our services on a global scale.

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Investment focus

  • Industry: Marketing, Advertising
  • Stage:Pre-Seed, Convertible Note
  • Geography: Romania, United States

Investor stats

  • Total investments: 3
  • Round size: Convertible Note $179k–$207k
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • MOCAPP — Full-service influencer marketing agency and platform. 7,500+ audited creators, 5,000+ campaigns, 170 clients across 6 countries. Start free.
  • TailPath — TailPath enables the tracking of goods in a secure, transparent and accountable way.
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Lucian Despoiu
Angel · Bucharest, Bucuresti, Romania · 1 investments in Romania Enterprise startups

Founder & CEO of Majoritas, leading political technology and communication consortium of companies, Lucian Despoiu is a serial entrepreneur with over 16 years of experience in the digital marketing industry and over 20 digital political campaigns all around the world.A result driven specialist, Lucian is one of the key innovators of thePolitical and Institutional Communication industries, with a vision of making research, data, technology and paid media work together for politicians and Governments all around the world. Under his leadership Majoritas Global has been influencing elections in Africa, Asia, Latin America and Europe through its 12 offices.To the group of companies in Majoritas Global, Lucian has recently added Majoritas Insights, a real-time research company, and Majoritas Academy, an educational initiative, and is currently working on developing a solution addressed to citizens willing to get involved in how decisions are being made in their society.

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Investment focus

  • Industry: Consulting, Information Services, Information Technology
  • Stage:Angel
  • Geography: Romania

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • BeeFast — BeeFast provides an all-in-one solution to manage, track, and deliver orders, making the entire process as simple as possible.
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Charlie Songhurst
Angel · Greater Seattle Area, Washington, United States · 1 investments in Romania Enterprise startups

Charles Songhurst is a founding partner of Katana Capital, a long-short equity hedge fund. He also runs the Songhurst Group, which holds assets in a variety of private companies.Charles ran corporate strategy for Microsoft and focused on partnering and M&A. He was involved in the Yahoo acquisition and commercial deal, and the Skypeacquisition. Before running corporate strategy, Charles was focused on the emergence of Google and the growth of the search industry.Prior, Charles was an analyst at McKinsey & Company in London. Charles received a bachelor’s degree from Oxford University in politics, philosophy, and economics.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Pre-Seed
  • Geography: United Kingdom, United States, Germany

Investor stats

  • Total investments: 191
  • Round size: Seed $1.1M–$8M; Pre-Seed $500k–$5.5M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Skrap — Skrap is an on-demand mobile marketplace for skip hire and other waste collection services.
  • Hyphen SCS — Find and rent verified warehouses across 992+ cities in India. Compare 65,000+ listings on Hyphen SCS.
  • Structured AI — AI-powered QA/QC for construction documents. Structured catches errors before they reach the field.
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Fil Rouge Capital (FRC)
VC Fund · Zagreb, Grad Zagreb, Croatia · 1 investments in Romania Enterprise startups

Fil Rouge Capital (FRC) is an investment fund manager whose funds focus on early-stage businesses from pre-seed, seed, and Series A rounds of investment.

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Investment focus

  • Industry: Software, Information Technology, E-Commerce
  • Stage:Seed, Pre-Seed
  • Geography: Croatia, Slovenia, United Kingdom

Investor stats

  • Total investments: 112
  • Lead/follow: no public data

Portfolio highlights

  • GameBoost — Ranking up has never been easier. With GameBoost's cheap LoL and Valorant Elo Boosting Services.
  • Native Teams — Hire anyone, anywhere with Native Teams. Use EOR and PEO services to employ global talent or get compliant employment as a freelancer.
  • Native Teams — Native Teams is the all-in-one global platform for work payments and employment.We help businesses hire, pay, and manage talent across 85+ countries, without setting up local entities. Our platform handles global payroll, compliance, and taxes while empowering international teams and gig workers with flexible financial tools and multi-currencypayment solutions.Whether you're scaling your team or simplifying contractor management, Native Teams makes global hiring simple, secure, and cost-effective.Trusted by 1,500+ companies Operating in 85+ countries Up to 3x lower global employment costsGlobal payroll? Sorted. Compliance? Handled. Payments? Done.
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DIMENSION
VC Fund · Kasumigaseki, Tokyo, Japan · 1 investments in Romania Enterprise startups

DIMENSION is an investment fund management company.

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Investment focus

  • Industry: Artificial Intelligence, Manufacturing, Content
  • Stage:Series A, Series B
  • Geography: Japan, India, Romania

Investor stats

  • Total investments: 54
  • Lead/follow: no public data

Portfolio highlights

  • Aracan — Aracan is an e-commerce business that provides online and offline car-sharing services for vehicles.
  • ZABoooN — ZABoooN is a shipping company that offers crew labor management, movement management, and ship management services.
  • Biophilia — Biophilia is a company specializing in pet-related, consulting business, internet service business, and consignment development business. The company was established in August 2017 and is based in Shibuya-ku, Tokyo, Japan.
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Gustav Söhne Verwaltung GmbH & Co. KG
VC Fund · 1 investments in Romania Enterprise startups

Gustav Söhne Verwaltung GmbH & Co. KG is an investment firm.

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Investment focus

  • Industry: Drones, Military, Public Safety
  • Geography: Romania

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Orbotix — Orbotix Tech - Revolutionize the defense industry with innovative designs and advanced technologies that redefine operations.
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Bravo Victor Venture Capital
VC Fund · 1 investments in Romania Enterprise startups

Bravo Victor Venture Capital is the Trusted Fund in the Field™ for special operations.

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Investment focus

  • Industry: Internet, Aerospace
  • Geography: United States

Investor stats

  • Total investments: 8
  • Lead/follow: no public data

Portfolio highlights

  • Usul — Rosetta: Query government policy and spending data as it relates to your workflow.
  • UNION — For nearly a century, the energetics sector- factories, munitions, and propellants have been stagnant, plagued by a lack of innovation and sophistication. Despite a total addressable market of nearly $6 trillion, this industry has largely been dominated by outdated technologies and entrenched legacy players who have failed to adapt, eroding theircredibility and trust currency across the global stage. The U.S. energetics enterprise is now outmatched, outclassed, and outranged by our adversaries. Our ability to project power and influence outcomes for the U.S. and our Allies is crippled. The U.S.’s position has weakened as our adversaries advance. The West is vulnerable. Our edge is gone. Enter: UNION.
  • Orbotix — Orbotix Tech - Revolutionize the defense industry with innovative designs and advanced technologies that redefine operations.
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Enterprise Investor funding in Romania at a glance

Stats across 290 deals from 209 investors.

209
investors
in Romania Enterprise startups
290
deals
in Romania Enterprise startups
$562k
median round
in Romania Enterprise startups
49%
lead investors
lead at least one round
32%
Seed
most common funding stage
84/16
VC / Angel
share of investor count

Access all 209 investors in Romania Enterprise startups.

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