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Top 10 Retail Startup Investors in Romania (October 2026)

The most active venture capital funds and angel investors investing in Romania Retail startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Romania Retail startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Catalyst Romania
VC Fund
2 Romania, United Kingdom, Serbia Venture - Series Unknown, Seed, Series A Software, Retail, FinTech $1.1M–$6.1M
Carlo Tafuri
Angel
1 Romania Seed B2C, Retail, Fashion
Giulio Mario Limongelli
Angel
1 Italy, Romania Seed, Angel B2C, Retail, Fashion
Richard Schott
Angel
1 Romania Seed B2C, Retail, Fashion
Roberto Zuccato
Angel
1 Romania Seed B2C, Retail, Fashion
Axxess Capital
VC Fund
1 Romania Venture - Series Unknown Retail, Internet, E-Commerce
European Bank for Reconstruction and Development
VC Fund
1 Turkey, Egypt, Ukraine Debt Financing, Post-IPO Debt, Private Equity Financial Services, Banking, Manufacturing $5.1M–$369M
SeedBlink
VC Fund
1 Romania, United States, United Kingdom Seed, Pre-Seed, Series A Software, SaaS, Information Technology $139k–$35M
Hesham Zreik
Angel
1 United States, India, Nigeria Pre-Seed, Seed, Series A Information Technology, Software, E-Commerce $10k–$5M
Morphosis Capital
VC Fund
1 Romania, Bulgaria Series A, Series B, Private Equity B2B, SaaS, Retail
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Investor list

Catalyst Romania
VC Fund · Bucharest, Bucuresti, Romania · 2 investments in Romania Retail 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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Carlo Tafuri
Angel · 1 investments in Romania Retail startups

Founder @ Letsell COO @ Brandsdistribution.com - IDT S.p.A.

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Investment focus

  • Industry: B2C, Retail, Fashion
  • Stage:Seed
  • Geography: Romania

Investor stats

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

Portfolio highlights

  • FashionUp — FashionUp is an online B2C fashion market place in Romania. The retail company helps customers be trendy without spending a fortune on clothes, shoes or accessories.They integrate benefits from all existing models in the most efficient online marketing and sales channel. - Fully automated integration with Suppliers - Multi-currencyplatform Multi-language platform - Co-financed marketing with brands: Building awareness - Performance based marketing - On site marketing strategies - fully responsive website - gender dedicated home pages - one page checkout - Automated integration with 3rd party logistic
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Giulio Mario Limongelli
Angel · 1 investments in Romania Retail startups

Founder @ IlCaffeItaliano Group Managing Director @ Dovevivo

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Investment focus

  • Industry: B2C, Retail, Fashion
  • Stage:Seed, Angel
  • Geography: Italy, Romania

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Buzzoole — Buzzoole is an influencer marketing platform. It allows brands to integrate key influencers into their digital and social communications in a fully automated, transparent, and ROI-driven approach. Our technology analyses the online conversations of all registered users across each of their social media channels. Through a semantic model, Buzzooleis able to categorize conversations and to identify the topics that users are most influential in, according to its own algorithm. This allows brands to reach out to specific influencers in their niche market in a completely automated way.Buzzoole's business model is a CPP mode. Brands pay on the basis of posts generated by the influencers. This Cost-Per-Post model allows us to offer all sizes of solutions. From startups to top brands. Working with Buzzoole can save companies up to 70% compared with cooperating with external agencies, which is usually a lengthier, more complicated, and more expensive process.Buzzoole's proprietary algorithm solves the analysis and matching problem, and the transparent approach to campaigns means brands will always see how much they are spending, who is working on their campaign, and what their campaign ROI is.
  • FashionUp — FashionUp is an online B2C fashion market place in Romania. The retail company helps customers be trendy without spending a fortune on clothes, shoes or accessories.They integrate benefits from all existing models in the most efficient online marketing and sales channel. - Fully automated integration with Suppliers - Multi-currencyplatform Multi-language platform - Co-financed marketing with brands: Building awareness - Performance based marketing - On site marketing strategies - fully responsive website - gender dedicated home pages - one page checkout - Automated integration with 3rd party logistic
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Richard Schott
Angel · 1 investments in Romania Retail startups

Richard Schott - Co-Founder & Owner @ M.O.A.S - Meat on a Stick

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Investment focus

  • Industry: B2C, Retail, Fashion
  • Stage:Seed
  • Geography: Romania

Investor stats

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

Portfolio highlights

  • FashionUp — FashionUp is an online B2C fashion market place in Romania. The retail company helps customers be trendy without spending a fortune on clothes, shoes or accessories.They integrate benefits from all existing models in the most efficient online marketing and sales channel. - Fully automated integration with Suppliers - Multi-currencyplatform Multi-language platform - Co-financed marketing with brands: Building awareness - Performance based marketing - On site marketing strategies - fully responsive website - gender dedicated home pages - one page checkout - Automated integration with 3rd party logistic
Show all investments...

Roberto Zuccato
Angel · 1 investments in Romania Retail startups

Investment focus

  • Industry: B2C, Retail, Fashion
  • Stage:Seed
  • Geography: Romania

Investor stats

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

Portfolio highlights

  • FashionUp — FashionUp is an online B2C fashion market place in Romania. The retail company helps customers be trendy without spending a fortune on clothes, shoes or accessories.They integrate benefits from all existing models in the most efficient online marketing and sales channel. - Fully automated integration with Suppliers - Multi-currencyplatform Multi-language platform - Co-financed marketing with brands: Building awareness - Performance based marketing - On site marketing strategies - fully responsive website - gender dedicated home pages - one page checkout - Automated integration with 3rd party logistic
Show all investments...

Axxess Capital
VC Fund · Bucharest, Bucuresti, Romania · 1 investments in Romania Retail startups

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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Investment focus

  • Industry: Retail, Internet, E-Commerce
  • Stage:Venture - Series Unknown
  • Geography: Romania

Investor stats

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

Portfolio highlights

  • Elefant.ro — Elefant.ro is a Romanian online retailer that provides products for children and adults, for home and garden. The company offers more than 100,000 items: books, eBooks, toys, movies, music, eReadere, tablets, clothing products, footwear, accessories, cosmetics and products for children.
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European Bank for Reconstruction and Development
VC Fund · London, England, United Kingdom · 1 investments in Romania Retail startups

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.

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Investment focus

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

Investor stats

  • Total investments: 498
  • Round size: Post-IPO Debt $17M–$369M; Debt Financing $5.1M–$225M; Private Equity $15M–$100M
  • Lead/follow: 76% lead, 24% follow

Portfolio highlights

  • 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.
  • Yapı ve Kredi Bankası — Yapi Kredi Bankasi, established in 1944, is one of the first nationwide private banks in Turkey. It is engaged in credit cards, assets management, non-cash loans, leasing, factoring, private pension funds and non-life insurance. It is 80% owned by Koc Finansal Hizmetler (KFH), whose combined financial services network consists of over 13 millioncustomers and 835 branches in Turkey.Yapi Kredi was acquired by Mehmet Emin Karamehmet's Çukurova Holding in 1984. In 2003, Çukurova Holding reached an agreement with the Turkish bank regulator to sell the majority of its shares in Yapi Kredi within two years. In 2005, the majority of shares in Yapi Kredi was acquired by the owners of Koçbank. Koç Finansal Hizmetler (KFH) was an equal partnership between Koç Holding and Italian banking giant, Unicredit. In 2006, Koçbank was merged into Yapı Kredi, leaving 80% of Yapi Kredi owned by KFS.
  • European Metals Holdings — European Metals Holdings is a mineral exploration and development company engaged in the exploration of tin and base metals. The Company is primarily involved in the development of a lithium and tin project in the Czech Republic.
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Hesham Zreik
Angel · Dubai, Dubai, United Arab Emirates · 1 investments in Romania Retail startups

Hesham Zreik is the CEO of FasterCapital. He previously worked at DreamApps as a Project Manager. Hesham attended the University of Westminster.

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Investment focus

  • Industry: Information Technology, Software, E-Commerce
  • Stage:Pre-Seed, Seed, Series A
  • Geography: United States, India, Nigeria

Investor stats

  • Total investments: 1171
  • Round size: Seed $20k–$2M; Pre-Seed $10k–$1M; Series A $170k–$5M
  • Lead/follow: 53% lead, 47% follow

Portfolio highlights

  • Groccery store — Groccery store is a local Groccery store based in Hlotse, Leribe, Lesotho, designed to address a key challenge in the community
  • Excel And Impact Agro — Excel And Impact Agro aims to tackle the chronic shortage of vegetable production in Côte d'Ivoire.
  • Mercy Community School — Mercy Community School is a community-driven education initiative based in Linda Compound, Lusaka, Zambia.
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Morphosis Capital
VC Fund · Bucharest, Bucuresti, Romania · 1 investments in Romania Retail startups

Morphosis Capital is a newly formed PE Firm focused on bringing agile Romanian companies to the next level on the international markets. Aiming to identify agile Romanian companies and provide them with the sales, marketing, finance and strategy expertise as well as the capital investment in order to turn them into success stories outside Romania.

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Investment focus

  • Industry: B2B, SaaS, Retail
  • Stage:Series A, Series B, Private Equity
  • Geography: Romania, Bulgaria

Investor stats

  • Total investments: 3
  • Lead/follow: 33% lead, 67% follow
  • Last fund: Likely actively investing — fresh fund, raised $135M in 2025

Portfolio highlights

  • La Cocos — La CocoS is a food retailer Operator of a bargain retail store in Ploiesti, Romani
  • EnduroSat — Enabling profitable LEO satellite constellations with standardized satellites and fixed-cost space service. 100+ satellites deployed to orbit
  • DocProcess — Business Ecosystem Automation platform that helps automate processes across the entire business ecosystem. We cover P2P, O2C, Logistics and Contract Management.
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Retail Investor funding in Romania at a glance

Stats across 8 deals from 14 investors.

14
investors
in Romania Retail startups
8
deals
in Romania Retail startups
$2.4M
median round
in Romania Retail startups
21%
lead investors
lead at least one round
38%
Venture - Series Unknown
most common funding stage
64/36
VC / Angel
share of investor count

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