Romania's venture capital landscape has witnessed rapid growth in recent years, driven by a surge in entrepreneurial talent and an increasing number of innovative startups. As one of Eastern Europe's burgeoning tech hubs, Romania is home to a diverse array of venture capital firms that are fueling the country’s innovation and scaling startups to new heights. From Bucharest to Cluj-Napoca, these firms are not only providing the financial resources needed for growth but also offering strategic guidance to nurture Romania’s vibrant tech ecosystem. This article spotlights the most active venture capital firms based in Romania, highlighting their leadership, investment portfolios, and contributions to the country’s startup scene.

Catalyst Romania

• 🏦 HQ: Bucharest, Romania

• 👨‍💻👩‍💻 Leadership: Marius Ghenea, Alin Stanciu

• 🔢 Number of Investments: 10-50

• 💵 Ticket Size: €1 Million - €3 Million

• 💰️ Number of Exits: 1-10

• 👜 Notable Portfolio companies: 123FormBuilder, LeanPay, Hunch

Clever Capital

• 🏦 HQ: Cluj-Napoca, Romania

• 👨‍💻👩‍💻 Leadership: Bianca Rusu

• 🔢 Number of Investments: 10-50

• 💰️ Number of Exits: 1-10

• 👜 Notable Portfolio companies: Dronamics, Cirkle, Swash

Early Game Ventures

• 🏦 HQ: Bucharest, Romania

• 👨‍💻👩‍💻 Leadership: Cristian Munteanu

• 🔢 Number of Investments: 10-50

• 💰️ Number of Exits: 1-10

• 👜 Notable Portfolio companies: Druid, OxidOS, BunneyShell

Fortech Investments

• 🏦 HQ: Cluj-Napoca, Romania

• 👨‍💻👩‍💻 Leadership: Valentin Filip

• 🔢 Number of Investments: 10-50

• 💰️ Number of Exits: 1-10

• 👜 Notable Portfolio companies: SaleSqueze, Rayscape, CollabWriting

GapMinder

• 🏦 HQ: Amsterdam, Netherlands

• 👨‍💻👩‍💻 Leadership: Dan Mihaescu, Sergiu Rosca

• 🔢 Number of Investments: 10-50

• 💵 Ticket Size: €0.5 Million - €12 Million

• 💰️ Number of Exits: 1-10

• 👜 Notable Portfolio companies: FintechOS, Druid AI, Veridion

Gecad Ventures

• 🏦 HQ: Bucharest, Romania

• 👨‍💻👩‍💻 Leadership: Radu Georgescu, Diwaker Singh

• 🔢 Number of Investments: 10-50

• 💰️ Number of Exits: 1-10

• 👜 Notable Portfolio companies: Symphopay, FintechOS, Cirkle

Smart Impact Capital

• 🏦 HQ: Bucharest, Romania

• 👨‍💻👩‍💻 Leadership: Daniela Aldescu, Matei Dumitrescu

• 🔢 Number of Investments: 1-10

• 👜 Notable Portfolio companies: Telios, Amsimcel, SanoPass

RocaX

• 🏦 HQ: Bucharest, Romania

• 👨‍💻👩‍💻 Leadership: Andrei Cionca, Alexandru Bogdan

• 🔢 Number of Investments: 10-50

• 💰️ Number of Exits: 1-10

• 👜 Notable Portfolio companies: AgUnity, BunnyShell, Code of Talent

Simple Capital

• 🏦 HQ: Bucharest, Romania

• 👨‍💻👩‍💻 Leadership: Andrei Pitis, Iulia Trandafir

• 🔢 Number of Investments: 1-10

• 👜 Notable Portfolio companies:

Sparking Capital

• 🏦 HQ: Bucharest, Romania

• 👨‍💻👩‍💻 Leadership: Vlad Panait, Cristian Negrutiu

• 🔢 Number of Investments: 10-50

• 👜 Notable Portfolio companies: ProductLead, Bright Spaces, Hyperhuman

Underline Ventures

• 🏦 HQ: Bucharest, Romania

• 👨‍💻👩‍💻 Leadership: Bogdan Iordache

• 🔢 Number of Investments: 10-50

• 👜 Notable Portfolio companies: Trickest, VideoWise, Veridon

V7 Capital

• 🏦 HQ: Bucharest, Romania

• 👨‍💻👩‍💻 Leadership: Iulian Circiumaru

• 🔢 Number of Investments: 10-50

• 💰️ Number of Exits: 1-10

• 👜 Notable Portfolio companies: Pluria, FLOWX.AI, Zitamine

As Romania continues to cement its position as a major player in the European startup ecosystem, the role of venture capital firms remains pivotal. With firms like Catalyst Romania, Early Game Ventures, and Fortech Investments leading the charge, Romanian startups are gaining the backing they need to scale and compete on the global stage. The continued support from these venture capitalists, combined with Romania’s growing tech-savvy workforce, sets the stage for sustained innovation and economic growth in the region. Whether you're a budding entrepreneur or an established player in the market, these active VC firms are driving forces behind Romania’s transformation into a key innovation hub in Eastern Europe.