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Top 50 Enterprise VC Funds & Investors in Romania (October 2026)

The most active venture capital funds 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
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
Day One Capital
VC Fund
5 Hungary, United States, Croatia Seed, Series A, Pre-Seed Software, Artificial Intelligence, Information Technology $500k–$27M
Catalyst Romania
VC Fund
5 Romania, United Kingdom, Serbia Venture - Series Unknown, Seed, Series A Software, Retail, FinTech $1.1M–$6.1M
Sofia Angels Ventures
VC Fund
4 Bulgaria, United Kingdom, Germany Seed, Pre-Seed, Series A Software, Information Technology, Artificial Intelligence $108k–$11M
LAUNCHub Ventures
VC Fund
4 Bulgaria, United Kingdom, United States Seed, Series A, Pre-Seed Software, Artificial Intelligence, SaaS $41k–$22M
Underline Ventures
VC Fund
4 Romania, United States, Serbia Seed, Pre-Seed, Series A Software, Artificial Intelligence, Machine Learning $865k–$20M
Leryon Holdings
VC Fund
4 Romania Debt Financing, Venture - Series Unknown SaaS, Public Safety, Law Enforcement $531k–$548k
Alfabeat
VC Fund
3 Poland, United States, United Kingdom Seed, Series A, Pre-Seed Software, Marketing, SaaS $199k–$15M
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
Cleverage VentureCapital
VC Fund
3 Romania, Czech Republic, The Netherlands Seed, Convertible Note, Pre-Seed Health Care, SaaS, Big Data $79k–$1.7M
Inovo.vc
VC Fund
3 Poland, United States, United Kingdom Seed, Pre-Seed, Series A Software, Artificial Intelligence, Information Technology $329k–$23M
Hoxton Ventures
VC Fund
2 United Kingdom, United States, Canada Seed, Series A, Series B Artificial Intelligence, Software, Health Care $1.9M–$35M
Climate-KIC
VC Fund
2 Germany, Italy, Switzerland Seed, Grant, Pre-Seed CleanTech, GreenTech, Sustainability $13–$1.8M
Growceanu Angel Investment
VC Fund
2 Romania, Luxembourg, United States Seed, Pre-Seed, Convertible Note Software, Artificial Intelligence, SaaS $154k–$1.2M
European Union
VC Fund
2 Germany, United Kingdom, United States Grant, Seed, Pre-Seed Software, Information Technology, Health Care $21k–$28M
Global Founders Capital
VC Fund
2 United States, Germany, United Kingdom Seed, Series A, Pre-Seed Financial Services, Software, FinTech $575k–$30M
NETOPIA
VC Fund
2 Romania, United States Pre-Seed, Convertible Note Marketing, Advertising $179k–$207k
Portfolion
VC Fund
2 Hungary, Poland, United States Seed, Series A, Series B Software, Information Technology, Artificial Intelligence $550k–$45M
OTB Ventures
VC Fund
2 Germany, United States, United Kingdom Series A, Seed, Series B Artificial Intelligence, Machine Learning, Software $2M–$60M
VERBUND
VC Fund
2 Austria, Romania Series A, Venture - Series Unknown Software, Car Sharing, Smart Cities $1.6M–$3.3M
Clever Capital
VC Fund
2 United States, Romania, United Kingdom Seed, Pre-Seed Software, B2B, SMS $146k–$1M
Bravva Angels
VC Fund
2 Romania Pre-Seed Impact Investing, Wealth Management, Financial Services $407k–$765k
Zeyshare Ventures
VC Fund
2 Romania, United States, United Arab Emirates Seed, Series A Internet, News, E-Commerce
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
Venture to Future Fund
VC Fund
1 Slovakia (Slovak Republic), Romania, United States Seed, Series A Software, Information Technology, Internet of Things
Bravo Victor Venture Capital
VC Fund
1 United States Internet, Aerospace
Mozaik Investments
VC Fund
1 Romania Series A Apps, FinTech, Payments
Fil Rouge Capital (FRC)
VC Fund
1 Croatia, Slovenia, United Kingdom Seed, Pre-Seed Software, Information Technology, SaaS $50k–$1.4M
NewTribe Capital
VC Fund
1 United States, Singapore, Switzerland Seed, Series A Blockchain, Cryptocurrency, Information Technology
CoinMarketCap
VC Fund
1
Lémanique
VC Fund
1 Romania Seed Blockchain, Mobile Apps, Information Technology
Gustav Söhne Verwaltung GmbH & Co. KG
VC Fund
1 Romania Drones, Military, Public Safety
FunFair Ventures
VC Fund
1 Switzerland, Peru, India Seed, Pre-Seed, Series A Cryptocurrency, Blockchain, FinTech
Keyrock
VC Fund
1 United Kingdom, Italy, United States Seed, Pre-Seed, Series A Blockchain, Cryptocurrency, Trading Platform
SIF Transilvania
VC Fund
1 Romania Seed Big Data, Data Mining, Manufacturing
The Mavers
VC Fund
1 Romania Seed, Pre-Seed Consulting, Health Care, Information Technology $141k–$494k
Helvetia Venture Fund
VC Fund
1 Germany, Switzerland, Spain Seed, Series A Financial Services, Information Technology, FinTech $3.3M–$20M
KG Ventures
VC Fund
1 United States, Serbia, Finland Seed, Pre-Seed, Series A Software, SaaS, PaaS $148k–$300k
TSG Capital
VC Fund
1 China, Romania Seed, Series D Fashion, E-Commerce, Health Care
Access all 176 VC funds in Romania Enterprise startups.

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

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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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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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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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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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Access 48,091 investors

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

Browse database — It's Free!
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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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Venture to Future Fund
VC Fund · Bratislava, Bratislava, Slovakia (Slovak Republic) · 1 investments in Romania Enterprise startups

Venture to Future Fund is a joint initiative of EIB, the Ministry of Finance of the Slovak Republic, and the Slovak Investment Holding. It is the first venture capital fund of its kind in the CEE region that has lured EIB´s capital. We like hi-tech scaleups, however our focus is more generalistic. Our approach is more comprehensive and whatcounts the most is the innovation level, the overall uniqueness of the presented solution, and, of course, a skilled team with excellent execution power.We look for SMEs (Seed, Series A and beyond)) with at least a partially functioning and viable product that has been proved on the market and has first paying customers or signed contracts for the upcoming months.The minimum ticket is €0,5 million, average participation ranges from €1.5 – 2 million. We always invest alongside independent private co-investors based on the pari passu principle (50:50). Primary choice of preference are Slovak-incorporated SMEs or EU companies with capital link to Slovakia.

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Investment focus

  • Industry: Software, Information Technology, Internet of Things
  • Stage:Seed, Series A
  • Geography: Slovakia (Slovak Republic), Romania, United States

Investor stats

  • Total investments: 19
  • Lead/follow: no public data

Portfolio highlights

  • Sloneek — Sloneek is a cloud-based HR system that is easy to implement in small and medium companies. Your employees will love it & you will be able to manage your people more efficiently.
  • Patron GO — Patron GO is a fintech firm that uses AI to detect unnecessarily high costs on a customer's bank account and offers the best solutions.
  • SuperScale — SuperScale is an all-in-one Growth Platform that profitably scales games & blockchain apps to their maximum potential.
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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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Mozaik Investments
VC Fund · Bucharest, Bucuresti, Romania · 1 investments in Romania Enterprise startups

Mozaik Investments offers flexible growth financing to small and medium-sized enterprises with unique qualities and exceptional leadership.

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Investment focus

  • Industry: Apps, FinTech, Payments
  • Stage:Series A
  • Geography: Romania

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Pago — Managing and paying utility bills, insurance, mobile top-ups and taxes takes too much time for many households in Europe. Pago simplifies these payments by adding automation where possible, using integrations with billers, insurers and online platforms to dramatically reduce the time needed for all these payments. The service is available in theB2C app called Pago and through B2B integrations by embedding Pago features in partner apps through SDK or API. Pago's services are used by over 500k monthly active users in Romania, Poland and Italy.
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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, SaaS
  • Stage:Seed, Pre-Seed
  • Geography: Croatia, Slovenia, United Kingdom

Investor stats

  • Total investments: 127
  • Round size: Seed $50k–$1.4M; Pre-Seed $55k–$549k
  • Lead/follow: 28% lead, 72% follow

Portfolio highlights

  • HEU — HEU is a legaltech company that automates and manages legal documents and allows users to edit and share them.
  • tvbeat — Established in 2013, TVbeat provides a comprehensive TV Inventory Management & Yield Optimization SaaS Framework designed for TV Inventory owners, giving such TV sell-side players the essential tools to succeed in the ever changing TV ecosystem. Our SaaS Framework solves key addressable and non-addressable TV requirements & challengesthrough provision of holistic measurement, forecasting, planning, order management and optimization capabilities and self-serve applications. Such features can be leveraged across owned & operated TV inventories, media partner inventory and acquired inventory from 3rd party sources (DSPs & exchanges). TVbeat’s solution is being used successfully in the United States, United Kingdom, Canada, Ireland, France, Africas, Spain, Belgium, Middle East, Scandinavia to name a few. All of this is achieved by a world class team of engineers, data scientists, product managers and client support staff. Our offices are located in New York, London and Zagreb.
  • Povio App —
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NewTribe Capital
VC Fund · Dubai, Dubai, United Arab Emirates · 1 investments in Romania Enterprise startups

NewTribe Capital specializes in early-stage Web3 blockchain investments in Asia, Europe, and MENA. Discover our portfolio, team, etc.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Information Technology
  • Stage:Seed, Series A
  • Geography: United States, Singapore, Switzerland

Investor stats

  • Total investments: 62
  • Lead/follow: no public data

Portfolio highlights

  • Rhuna — Rhuna is an AI and blockchain platform that transforms event management with NFT ticketing and token rewards.
  • Bluwhale — Unlock Web3 Wallet Potential with AI Insights. Supercharge Your Business Growth
  • BluWhale — BluWhale's mission is to leverage AI and ML to allow game developers to focus on ways to improve the game rather than wrangling and making sense of astronomical amounts of data. BluWhale's smart automation will do the heavy lifting usually reserved for data analysts and data scientists all in the background, and surface actionable insight
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CoinMarketCap
VC Fund · Dover, Delaware, United States · 1 investments in Romania Enterprise startups

Top cryptocurrency prices and charts, listed by market capitalization. Free access to current and historic data for Bitcoin and thousands of altcoins.

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Investor stats

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

Portfolio highlights

  • Rhuna — Rhuna is an AI and blockchain platform that transforms event management with NFT ticketing and token rewards.
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Lémanique
VC Fund · 1 investments in Romania Enterprise startups

Lémanique is an investment firm.

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Investment focus

  • Industry: Blockchain, Mobile Apps, Information Technology
  • Stage:Seed
  • Geography: Romania

Investor stats

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

Portfolio highlights

  • Rhuna — Rhuna is an AI and blockchain platform that transforms event management with NFT ticketing and token rewards.
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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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FunFair Ventures
VC Fund · Douglas, NA - Isle of Man, Isle of Man · 1 investments in Romania Enterprise startups

FunFair Ventures is a venture capital business .Funfair Ventures funds early stage blockchain projects with a focus on both equity and tokens.

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Investment focus

  • Industry: Cryptocurrency, Blockchain, FinTech
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Switzerland, Peru, India

Investor stats

  • Total investments: 22
  • Lead/follow: no public data

Portfolio highlights

  • Rhuna — Rhuna is an AI and blockchain platform that transforms event management with NFT ticketing and token rewards.
  • BridgePort — SaaS, Fintech, Middleware, Trading Infra
  • Coca Wallet — Coca Wallet operates as a non-custodial payments app.
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Keyrock
VC Fund · Woluwé-saint-pierre, Brussels Hoofdstedelijk Gewest, Belgium · 1 investments in Romania Enterprise startups

Scaling liquidity and pricing assets since 2017. We enhance digital markets. Backed by time-tested algorithms and ironclad tech. Market making - OTC - Options

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Trading Platform
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United Kingdom, Italy, United States

Investor stats

  • Total investments: 10
  • Lead/follow: no public data

Portfolio highlights

  • Rhuna — Rhuna is an AI and blockchain platform that transforms event management with NFT ticketing and token rewards.
  • BitVault — BitVault is a DeFi protocol that provides a crypto-native money solution via its BTC-backed stablecoin, bvUSD, and yield-bearing staked stablecoin, sbvUSD.
  • Doppler Finance — Doppler Finance is a yield-earning platform that unlock earning opportunities within the XRPL ecosystem
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SIF Transilvania
VC Fund · Brasov, Brasov, Romania · 1 investments in Romania Enterprise startups

Societatea de Investitii Financiare Transilvania S.A. (SIF Transilvania) is a closed-end financial investment company, self-managed in a dualist system and included in the category "Other collective investment undertakings (A.O.P.C.), with a diversified investment policy". The Company's share capital worth RON 109,214,333.20 iscomposed of 1,092,143,332 common shares issued at par value of RON 0.1/share. The shares are listed at the first category of the Bucharest Stock Exchange and have been traded on this market since November 1, 1999 under SIF3 symbol.

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Investment focus

  • Industry: Big Data, Data Mining, Manufacturing
  • Stage:Seed
  • Geography: Romania

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • KFactory — KFactory is an Industry 4.0 start-up which disrupts the manufacturing industry and innovates the performance management of production line.
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The Mavers
VC Fund · 1 investments in Romania Enterprise startups

The Maversis a venture capital investment firm.

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Investment focus

  • Industry: Consulting, Health Care, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: Romania

Investor stats

  • Total investments: 4
  • Round size: Pre-Seed $141k–$494k
  • Lead/follow: 50% lead, 50% 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.
  • INKI.TECH — Equip your business with high-end, secure IT equipment through INKI's device-as-a-service model. Reduce operational costs, increase agility, and embrace sustainability while minimizing total cost of ownership.
  • Unison — Unison is a nutritionist who specializes in plant-based diets and its products contain just natural ingredients, no added sugar, and no preservatives.
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Helvetia Venture Fund
VC Fund · Basel, Basel-Stadt, Switzerland · 1 investments in Romania Enterprise startups

Helvetia has a long tradition: in over 150 years, it has grown from a number of Swiss and foreign insurance companies into a successful international insurance group. Today, Helvetia has subsidiaries in its home market Switzerland as well as in the countries that make up the Europe market area: Germany, Italy, Austria and Spain. Helvetia is alsopresent in France with its Specialty Markets market area and through selected regions worldwide.

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Investment focus

  • Industry: Financial Services, Information Technology, FinTech
  • Stage:Seed, Series A
  • Geography: Germany, Switzerland, Spain

Investor stats

  • Total investments: 31
  • Round size: Seed $3.3M–$4.1M; Series A $5.3M–$20M
  • Lead/follow: 52% lead, 48% follow
  • Last fund: May invest from a new fund soon — raised $53M in 2017

Portfolio highlights

  • Napo Pet Insurance — Comprehensive pet insurance by Napo. Full dental cover included. Free unlimited video vet and behaviourist consultations. 5% multi-pet discount.
  • Flitter — Flitter is a neo-insurance company that provides pay-per-mile insurance and connected technology.
  • INKI.TECH — Equip your business with high-end, secure IT equipment through INKI's device-as-a-service model. Reduce operational costs, increase agility, and embrace sustainability while minimizing total cost of ownership.
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KG Ventures
VC Fund · Saint Petersburg, Saint Petersburg City, Russian Federation · 1 investments in Romania Enterprise startups

Corporate venture capital fund of the Kirovsky Zavod

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Investment focus

  • Industry: Software, SaaS, PaaS
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Serbia, Finland

Investor stats

  • Total investments: 10
  • Round size: Seed $148k–$300k
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Ivitech — IVITECH financial platform works in SEA region and develop unique scoring models for risk evaluation and risk management.
  • TraceAir — Construction platform providing drone flights, 3D mapping, analytics, and data processing services to accelerate site work.
  • iFarm — Technologies to grow fresh vegetables, berries and greens
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TSG Capital
VC Fund · 1 investments in Romania Enterprise startups

TSG Capital is a boutique Investment firm focused on Innovative Startups in the Thai and Singaporean Ecosystem. The company is consists of entrepreneurs, backed by High Net Worth Individuals focused on intrinsic value-added businesses. TSG Capital specializes in the fields of business development support and SME loans and financing.

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Investment focus

  • Industry: Fashion, E-Commerce, Health Care
  • Stage:Seed, Series D
  • Geography: China, Romania

Investor stats

  • Total investments: 2
  • Lead/follow: 50% lead, 50% follow
  • Last fund: May invest from a new fund soon — raised $10M in 2018

Portfolio highlights

  • The Outfit — The Outfit combines data science and personal stylists know-how to deliver personalisation at scale.
  • Full-Life Technologies — Full-Life Technologies Limited (“Full-Life”) is a fully integrated global RadioTherapeutics company headquartered in Shanghai, China with operations in Europe.
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Enterprise VC funding in Romania at a glance

Stats across 267 deals from 176 investors.

176
investors
in Romania Enterprise startups
267
deals
in Romania Enterprise startups
$567k
median round
in Romania Enterprise startups
52%
lead investors
lead at least one round
33%
Seed
most common funding stage

Access all 176 VC funds in Romania Enterprise startups.

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