Top 5 Medical VC Funds & Investors in Romania (June 2026)

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.
• aqurate.ai — Take your eCommerce shop to the next level with the AI-driven Aqurate tools: Product Recommendations engine, Customer Segmentation tool. Find out more details.

Portfolio highlights

• IDOVEN — IDoven develops products to detect heart problems at an early stage to prevent heart diseases.
• eBreathie — eBreathie is a pioneering digital health startup offering an integrated asthma management solution. Our system comprises a smart inhaler (a medical device) that not only tracks WHEN patients take their medication but also HOW they do it, creating a detailed inhalation profile for each use. Paired with a user-friendly mobile app for patients and acomprehensive patient management platform for doctors, we provide real-time feedback on inhalation efficacy, ensuring patients and healthcare professionals have the insights needed for optimal asthma management. Leveraging IoT and AI, our goal is to reduce emergency visits, asthma attacks, and hospitalizations while ensuring effective inhalation techniques and optimal patient care.
• Trak — Trak is a software tool for healthcare professional to provide AI-based tele-rehabilitation services like physiotherapy and others.

Portfolio highlights

• Enverv — EnVerv is a fabless semiconductor company in the United States with Headquarters in San Jose, California and offices in San Diego and China. Their PLC solutions enable high performance communications via Low-Voltage (LV) and Medium-Voltage (MV) power lines with the goal of providing efficient and effective communications means for Advanced MeteringInfrastructure (AMI) as well as other power line-based smart control and monitoring applications.
• Skyminyr — Say Hello to the AI Talent and Company Intelligence Platform.
• Nanya Technology Corporation — Nanya Technology Corporation aims to be the best memory solution provider for a broad range of applications. The company is dedicated to collaborating with customers and partners for technology and product development to enhance the long-term value for our customers..Nanya Technology offers a comprehensive portfolio of memory solutions indensities ranging from 128Mb to 8Gb for the rapidly growing DRAM product market. DRAM is embedded into various specialty applications, such as digital TVs, set-top box (STB), networking, IPTV, security system, drone, DSC, tablets, automotive and industrial products. Nanya is supporting the growing demand of mobile devices by manufacturing a variety of low power memory products for handheld and wearable devices.

Portfolio highlights

• Telios — Telios provides digital solutions for healthcare services. They provide medical services available to beneficiaries of large and small organizations in areas such as retail, IT, manufacturing, and transportation. For inquiries, telephone and email contact are used.
• Oncochain — Oncochain facilitates real-world data collection and care delivery in oncology.

Portfolio highlights

• AMSIMCEL — AMSIMCEL is a High-Performance Computing (HPC) startup that brings the unprecedented GPU acceleration capabilities into the next generation of Integrated Circuits design tools for the Physical Design Verification.
• VoxiKids — VoxiKids transform speech therapy processes by moving them into the digital market. We’re bringing a SaaS platform to the e-health market, offering a selection of high-value materials designed by speech pathologists, as well as management tools that streamline the collaboration between parent and therapist, with the common goal of assisting thechild’s recovery and integrating them into the pre-school and school environments.Mission: VoxiKids digitalizes the speech therapy process in order to positively impact children with speech impairments and reduce recovery time, thus helping them better integrate into their social environment and school community. We can achieve this by bringing both parents and therapists together for the benefit of the child’s development.The problem: The e-health market is now in full expansion, with opportunities arising at a global level. Traditional speech therapy requires a dedicated space, work materials, and a qualified speech pathologist. But in a world caught in the fray of digitalization, where recent events have put even more pressure on us to digitalize as many processes as possible, we’ve also noticed a change in the way that speech therapy sessions can be carried out. Across the world, 34 million children are in need of access to speech therapy, and over half a million of them are in Romania.The real problem is that speech therapy practices are few and far between. There are countries where a parent must wait up to 24 months to gain access to therapy.The solution & its advantages: VoxiKids offers a complete multilingual platform for online speech therapy, which integrates specialized exercises created by speech pathologists, and the means to manage and track the progress of each child enrolled in therapy. Specially designed for language development therapies, it is thus helpful for speech pathologists, parents, and implicitly, children. In its final version, the SaaS platform includes 20 modules that cover: online therapy, content (such as exercises, homework, statistical data), administration (for instance billing, the handling of specific documents, patient management), communication (appointments calendar, relevant notes), patient management (tracking progress, adjusting therapies, appraisals, reports). Knowing that learning through play is an efficient method that can be integrated into the recovery process; the content and statistics present in the SaaS platform were also aggregated in the mobile app (for iOS and Android) in the form of interactive games so that children can continue practicing at any time and anywhere. VoxiKids respects the HIPAA and GDPR standards, being a trustworthy solution.Our main advantage is timing – we can be the first in a niche that will very soon be in focus for very large US/Israel players (and not only). The current context, which has given a boost to the e-health area, makes us even more attractive to end customers. Our product has the advantage of easy scaling in terms of software and content.Clients: Our beneficiaries are the parents, the children with speech deficiencies being the end-users. Our main clients are speech therapy offices, hospitals, and clinics.Business Model: VoxiKids mobile App (MVP), is based on 3 types of subscriptions. Upon download from the Apple or Google Play stores, it comes with 45 free exercises and an average subscription cost of 10 euro/ month, paid by the parent. The B2B subscription fee in the SaaS platform is based on the number of children added to the platform (between 2 and 5 euro per child/month) and the number of tools that the therapist requires access to – a speech therapy practice can thus have an average cost of 50 euro/month and can get up to 100 euro/month. Additional revenue may be generated via the dedicated marketplace, which will be added to the platform in September 2021.VoxiKids has demonstrated in just 1,6 years that an MVP model can be successful. We have over 10.000 downloads from Google Play alone and only on the Romanian market, and 4.000 active users/month. We estimate that, in 12 months, we will be able to generate an income of up to 60.000 euros/month, from the B2B segment. We are certain, however, that this potential will be strongly impacted by establishing the appropriate partnerships.Innovation – in order to enhance pronunciation, we will integrate an AI for speech, beginning with December 2020. With this module integrated into the mobile app, children can exercise their speech and pronunciation, helping them recover in a shorter time.Accessible digital platform: parents and speech therapists can easily navigate the application. VoxiKids has a friendly interface with a modern design and a UX that allows users to use it without having to acquire complex technical skills.Exit strategy: The growth of the e-health segment is more than obvious, especially in developed markets. Our exit strategy is based on product quality and on the fact that it will be difficult to replicate, thanks to the technologies incorporated within, as well as our coverage of a wide market in the next 5-6 years. Among key players that operate in this market and that may show interest in our product, we count Motion Computing Inc., Epocrates Inc., Telecare Corporation, Mediasafe, Set Point Medical, IBM, Doximity, Lift Labs, and Apple, to which we can also add private equity funds.
• FINOR — The all-in-one wealth management software which supports both clients and advisors in managing specific investment products, overseeing entire portfolio and tracking its performance, controlling the asset selection and allocation processes through indicative data, generating and exporting interactive reports in line with regulatory requirements.