Top 5 Startup Investors in Moldova (October 2026)

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

Investment focus

Industry: Financial Services, Banking, Energy
Stage:Debt Financing, Post-IPO Debt, Private Equity
Geography: Turkey, Egypt, Ukraine

Investor stats

Total investments: 502
Round size: Post-IPO Debt $17M–$369M; Debt Financing $5.1M–$247M; Private Equity $15M–$100M
Lead/follow: 76% lead, 24% follow

Portfolio highlights

İşbank — İşbank is a Turkish commercial banking service provider.
Infinity Power — Infinity Power is the largest African renewable energy company, offering innovative solutions in solar power, wind energy, and low-carbon hydrogen technologies. Discover our projects and commitment to sustainable energy solutions.
Tbc Bank Group — TBC Bank Group PLC is the UK-based parent company of JSC TBC Bank and its affiliates, Georgia's largest banking group.

Show all investments...

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.

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.

Show all investments...

Horizon Capital is a private equity firm in Ukraine backed by over 40 institutional investors, managing funds with assets under management of over $1.1 billion and a tenure of 25 years in the region. The firm is an active, value-added growth equity investor, investing alongside visionary entrepreneurs leading transformational businesses in Ukraine and the near region. Our investment strategy focuses on export champions in technology, e-commerce and other innovative industries. We are known for our strong team, high integrity and governance, value creation and track record of successful investments.

Investment focus

Industry: Software, Information Technology, E-Commerce
Stage:Private Equity, Series A
Geography: Ukraine, Moldova, United States

Investor stats

Total investments: 44
Round size: Series A $5M–$22M; Private Equity $7M–$112M
Lead/follow: 68% lead, 32% follow
Last fund: Likely actively investing — fund raised in 2026

Portfolio highlights

Viseven — Viseven company is your supportive partner in everything that has to do with digital transformation of your business. They help companies gain the desired flexibility on the market and adapt key messages to the changing customer needs by promoting excellence throughout the multichannel mix.Turning your brand into a memorable and vivid story, theydevelop interactive presentations and mobile applications from scratch. All aspects of content lifecycle from concept and materials to smooth integration with your CRM system can be addressed. Their experts develop colorful designs, proper structure of presentation, navigation scheme and efficient key messages that are sure to resonate with your customer.
HOLYWATER TECH — HOLYWATER is a tech company reshaping entertainment. From books to audiobooks, interactive stories and video series, we build worlds you can explore and personalize.
NOTUS energy — NOTUS energy development is a planning, implementing and operating wind energy company.

Show all investments...

Al Liakov

Investment focus

Industry: CRM, Agentic AI, Real Estate
Stage:Pre-Seed
Geography: Moldova

Investor stats

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

Portfolio highlights

comutato — We see a future where every B2B company uses AI agents as primary "employees" in their sales department. CRM systems transform from tools for humans into platforms for AI agents. Comutato will become the leading «Agent Relationship Management (ARM)» platform that doesn't just automate tasks, but takes over the complete lead handlingcycle.We help B2B companies never lose a single lead through AI agents that work 24/7 and never forget to follow up.We help B2B companies never lose a single lead through AI agents that work 24/7 and never forget to follow up.

Show all investments...