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

The most active venture capital funds investing in Romania Medical startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Romania Medical startup companies. Find investors to raise a Pre-Seed, Seed or Convertible Note round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Growceanu Angel Investment
VC Fund
2 Romania, Luxembourg, United States Seed, Pre-Seed, Convertible Note Software, Artificial Intelligence, SaaS $154k–$1.2M
Transylvania Angels Network
VC Fund
2 Romania, The Netherlands Seed Health Care, Information Technology, SaaS $154k–$1.2M
TechAngels
VC Fund
1 Romania, United Kingdom, Luxembourg Seed, Pre-Seed, Convertible Note Software, FinTech, Home Health Care $144k–$1.2M
EIT Health
VC Fund
1 United Kingdom, Spain, Ireland Grant, Pre-Seed, Seed Health Care, Medical Device, Medical $27k–$1.7M
Cisco
VC Fund
1 United States, India, Israel Series C, Series B Software, Information Technology, Enterprise Software $3.2M–$54M
Access all 23 VC funds in Romania Medical startups.

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Investor list

Growceanu Angel Investment
VC Fund · 2 investments in Romania Medical 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 a modular SaaS platform for Software Asset Management. Each app is a browser-based analytics module that automates licensing for Microsoft, Oracle, Red Hat, Adobe, Java, and the rest of your software estate. Connect existing inventory tools, pay only for what you analyze.
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Transylvania Angels Network
VC Fund · 2 investments in Romania Medical startups

T.A.N. is a new initiative created for bringing together business people interested in angel investing & mentoring tech startups.

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Investment focus

  • Industry: Health Care, Information Technology, SaaS
  • Stage:Seed
  • Geography: Romania, The Netherlands

Investor stats

  • Total investments: 4
  • Round size: Seed $154k–$1.2M
  • Lead/follow: 0% lead, 100% follow

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.
  • Licenseware — LICENSEWARE is a modular SaaS platform for Software Asset Management. Each app is a browser-based analytics module that automates licensing for Microsoft, Oracle, Red Hat, Adobe, Java, and the rest of your software estate. Connect existing inventory tools, pay only for what you analyze.
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TechAngels
VC Fund · Bucharest, Bucuresti, Romania · 1 investments in Romania Medical startups

TechAngels is the tech business angel investors group in Romania, backing tech startups from Romania and South-Eastern Europe since 2013.

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Investment focus

  • Industry: Software, FinTech, Home Health Care
  • Stage:Seed, Pre-Seed, Convertible Note
  • Geography: Romania, United Kingdom, Luxembourg

Investor stats

  • Total investments: 8
  • Round size: Seed $200k–$1.2M; Pre-Seed $144k–$545k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • FilmChain — Managing end-to-end financial transactions for creative industries
  • 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.
  • Licenseware — LICENSEWARE is a modular SaaS platform for Software Asset Management. Each app is a browser-based analytics module that automates licensing for Microsoft, Oracle, Red Hat, Adobe, Java, and the rest of your software estate. Connect existing inventory tools, pay only for what you analyze.
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EIT Health
VC Fund · Munich, Bayern, Germany · 1 investments in Romania Medical startups

EIT Health is a network of best-in-class health innovators backed by the EU. We deliver solutions to enable European citizens to live longer, healthier lives.

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Investment focus

  • Industry: Health Care, Medical Device, Medical
  • Stage:Grant, Pre-Seed, Seed
  • Geography: United Kingdom, Spain, Ireland

Investor stats

  • Total investments: 105
  • Round size: Seed $220k–$1.4M; Grant $27k–$1.6M; Pre-Seed $45k–$1.7M
  • Lead/follow: 59% lead, 41% follow

Portfolio highlights

  • IDOVEN — Idoven has developed the world’s first AI cardiologist -Willem- that augments both a cardiologist’s and non-cardiology expert clinician’s ability to identify, triage and diagnose patients at scale through APIs. The company counts clients such as AstraZeneca, Abbott, Novartis, GE Healthcare, FIFPRO, Google, Santander and Real Madrid Foundation.Idoven is backed by top-tier investors and business angels including Insight Partners, Northzone and Wayra (Telefónica), Iker Casillas, Pau Gasol, the Accel Starters program, EIC Accelerator, Horizon 2020, ERC and EIT Health. The company has been awarded with numerous distinctions for its AI technology in Europe and the US, including the the European Seal of Excellence 3x from the European Commission, granted by Horizon 2020, European Research Council ERC 2x (RIA) Europe’s most prestigious research grant, supporting excellent researchers in carrying out ground-breaking, high-risk, high-gain, frontier research projects, EIC Accelerator, and EIT Health. Idoven was ranked #1 Spanish HealthTech company in 2020 by NEOTEC. Idoven has been Google for Startups Resident at Google Campus Madrid and part of the Google for Startups Global Alumni Program. The company has won the prize Emprendedor XXI from CaixaBank, the Healthy Longevity Catalyst Award from the U.S. National Academy of Medicine, and has been awarded at South Summit 2021 as the Most Disruptive Startup, and Best Health and Wellbeing Startup. Selected by CB Insights as one of the top 150 global companies in Digital Health for 2022, and top 50 global companies in Digital Health for 2023. Idoven was recognized by TIME Magazine as one of the World's Top HealthTech Companies of 2025.
  • Noah Labs — A breakthrough for heart failure: Noah Labs Ark is a Class IIa Medical Device Software with AI-driven detection of early cardiac decompensation through voice.
  • Trak — Trak is a software tool for healthcare professional to provide AI-based tele-rehabilitation services like physiotherapy and others.
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Cisco
VC Fund · San Jose, California, United States · 1 investments in Romania Medical startups

Cisco is a worldwide technology leader powering an inclusive future for all. Learn more about our products, services, solutions, and innovations.

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Investment focus

  • Industry: Software, Information Technology, Enterprise Software
  • Stage:Series C, Series B
  • Geography: United States, India, Israel

Investor stats

  • Total investments: 168
  • Round size: Series B $3.2M–$54M; Series C $10M–$40M
  • Lead/follow: 27% lead, 73% follow
  • Last fund: Likely still investing — raised $1B in 2024

Portfolio highlights

  • World Labs — World Labs is an AI startup that can analyze visual data with comprehension akin to a person's, a substantial advancement above existing capacities.
  • Thinking Machines Lab — Connectionism: Research Blog by Thinking Machines Lab
  • 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.
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Medical VC funding in Romania at a glance

Stats across 23 deals from 23 investors.

23
investors
in Romania Medical startups
23
deals
in Romania Medical startups
$626k
median round
in Romania Medical startups
48%
lead investors
lead at least one round
30%
Grant
most common funding stage

Access all 23 VC funds in Romania Medical startups.

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