Finance | 11 June, 2026 at 3:05 PM
TechAngels names new President
The TechAngels Board has appointed Ana Maria Andronic as President for a mandate lasting until next year's internal elections.
The TechAngels Board has appointed Ana Maria Andronic as President for a mandate lasting until next year's internal elections.
Restaurant technology startup Choice has secured €6.6 million in new funding and is accelerating its expansion across CEE, including Romania, where it entered in 2025.
Early Game Ventures (EGV) has announced a new seed investment of €1.5 million in the startup YOX, a job marketplace that uses AI to streamline the hiring process.
Romanian startup investment fund Early Game Ventures (EGV) has announced a new seed investment of €1 million in the space-tech startup Orbital Matter.
The West Region is opening a new chapter with the signing of an agreement for the first regional investment accelerator, an initiative by the West Regional Development Agency (ADR Vest).
Medicai, a local health-tech startup specializing in cloud-native medical imaging, is expanding its presence in the US market, backed by an investment of approximately €200,000.
BraveX Aero, a Cluj-based startup specialising in industrial drones, has secured €315,000 in funding from investors in the Transylvania Angels Network.
Fil Rouge Capital (FRC) has announced the launch of its latest €60 million venture capital fund (FRC3) and is officially expanding its operations into Romania.
This year should be a much better year for tech startup funding, after 2023 was the worst in nearly a decade.
Romania has achieved a significant fiscal adjustment in the first five months of 2026, narrowing its budget deficit to RON 35.94 billion (€7.19 billion), or 1.75% of GDP.
Deloitte Technology Delivery Center announces the appointment of Emilia Dumitrescu as Managing Director, effective June 2026. She has also been promoted to Deloitte Partner and succeeds Marcus Williamson, Partner, Deloitte UK, upon the completion of his three-and-a-half-year mandate.
Enevo Group and Kraftfeld have signed a contract for the construction of a battery energy storage system (BESS) with a power of 110 MW and a capacity of 220 MWh, at Drăgăneşti-Olt, in Olt county, Romania.
Connections Consult announces the conclusion of two significant subsequent contracts with a public institution in Romania. Each of them has as its object migration services of cybersecurity applications and hardware and software accessories.
Copenhagen Infrastructure Partners (CIP), through its Growth Markets Fund II (GMF II), announced financial close for the 392 MW Peștera II onshore wind project in Constanța County. The project represents one of the larger investments in new renewable energy infrastructure in Romania and one of the larger project finance transactions in CEE.