# Top 20 Internet Startup Investors in Romania in June 2026

## Early Game Ventures
- Type: VC Fund
- Location: Bucharest, Bucuresti, Romania
- Relevant deals: 6
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Artificial Intelligence, Information Technology

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

## 3TS Capital Partners
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 6
- Stages: Series A, Seed
- Focus: Software, Internet, SaaS

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

## Sparking Capital
- Type: VC Fund
- Location: Bucharest, Bucuresti, Romania
- Relevant deals: 5
- Stages: Seed, Pre-Seed
- Focus: Information Technology, SaaS, Internet

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.

## Catalyst Romania
- Type: VC Fund
- Location: Bucharest, Bucuresti, Romania
- Relevant deals: 4
- Stages: Seed, Series B
- Focus: Software, Retail, FinTech

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

## Malin-Iulian Stefanescu
- Type: Angel
- Location: Bucharest, Bucuresti, Romania
- Relevant deals: 3
- Stages: Seed, Angel, Series A
- Focus: Software, Marketing, Internet

Business Angel, Entrepreneur, Father

## GapMinder VC
- Type: VC Fund
- Location: Bucharest, Bucuresti, Romania
- Relevant deals: 3
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Information Technology, SaaS

GapMinder plans to invest and support the most disruptive and bold innovations pushing limits and creating positive impact for the community and the overall society.
Our background and experience together with our common values and vision for the fund are the core of our competitive advantage. Our team is eager to create value in the region and forthe region. We focus on Pre-Seed, Seed and Series A stages

## Marius Ghenea
- Type: Angel
- Location: Bucharest, Bucuresti, Romania
- Relevant deals: 3
- Stages: Series A, Seed
- Focus: Software, SaaS, FinTech

•	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

## SeedBlink
- Type: VC Fund
- Location: Bucharest, Bucuresti, Romania
- Relevant deals: 3
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, SaaS, Information Technology

All-in-one solution for fundraising, managing and trading equity. Explore promising tech startups and flexible funding opportunities with SeedBlink.

## Gecad Ventures
- Type: VC Fund
- Location: Bucharest, Bucuresti, Romania
- Relevant deals: 3
- Stages: Seed, Series A
- Focus: Software, Payments, Information Technology

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

## Zeyshare Ventures
- Type: VC Fund
- Location: Bucharest, Bucuresti, Romania
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Internet, News, E-Commerce

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

## LAUNCHub Ventures
- Type: VC Fund
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 2
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, SaaS, Internet

LAUNCHub is a leading early-stage venture capital fund focused on investing in startups in South-Eastern (SEE) and Central-Eastern (CEE) Europe. 

## Roca X
- Type: VC Fund
- Location: Bucharest, Bucuresti, Romania
- Relevant deals: 2
- Stages: Seed, Pre-Seed, Convertible Note
- Focus: Software, Information Technology, Health Care

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!

## MMC Ventures
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: Software, Artificial Intelligence, Machine Learning

MMC is a venture capital fund investing in early stage, high-growth UK companies. Investing in technology companies at Seed and Series A.

## Fortech Investments
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Software, Manufacturing, E-Commerce

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

## Andreas Cser
- Type: Angel
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Seed, Angel
- Focus: Apps, Music, Mobile

Andreas Cser - Partner @ Automat Ventures

## Underline Ventures
- Type: VC Fund
- Location: Bucharest, Bucuresti, Romania
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Machine Learning, E-Commerce

We underline founders.

## Eleven Ventures
- Type: VC Fund
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 1
- Stages: Seed, Convertible Note, Pre-Seed
- Focus: Software, SaaS, Information Technology

We empower local heroes to build global success. Eleven is an early-stage VC investing in technology companies in Southeast Europe.

## Global Finance
- Type: VC Fund
- Location: Athens, Attiki, Greece
- Relevant deals: 1
- Stages: Series A
- Focus: Email, Linux, Software

Global Finance is an independent investment firm investing in private equity and venture capital.The firm's operation consists of private equity fund management, real estate development, and advisory services. It manages a number of funds, each with a distinctive, clearly defined geographic and investment focus.It was headquartered inAthens, Attiki in 1991 and has offices in Sofia, Bucharest, and Belgrade.

## SIF Transilvania
- Type: VC Fund
- Location: Brasov, Brasov, Romania
- Relevant deals: 1
- Stages: Seed
- Focus: Data Mining, Manufacturing, Internet of Things

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.

## Axxess Capital
- Type: VC Fund
- Location: Bucharest, Bucuresti, Romania
- Relevant deals: 1
- Focus: Retail, Internet, E-Commerce

Investment Advisor of private equity fundsFunds under advisory contracts: Romanian-American Enterprise Fund, Balkan Accession Fund and Emerging Europe Accession FundMost extensive investment experience in the region (+15 years presence, + €250M equity invested)Lower mid-market specialists; Deals ranging from €5M to €15M; funds invested for a3-7 years termLargest team in SEE, comprising over 15 people, including investment professionals, finance specialists, legal advisers, and support staff.Blend of local and international perspective. Investment experience, expertise and contacts across relevant sectors and industriesFull time presence in Romania and Bulgaria

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