FUNDING
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OMRO IFN Gets RON7M from BNP Paribas to Fund SMEs
OMRO, a non-banking financial institution funding Romanian agriculture SMEs and local businesses, has sealed a partnership with BNP Paribas, a major banking players in the EU, via which the...
Romanian Startup easySales Attracts New Funding, Hits EUR1.1M Overall Investments
Local startup easySales, which has set up an automated B2B management and e-commerce platform, has attracted new funding from Fortech Investments, which became a minority stakeholder.
Ukrainian Startup Finmap Raises EUR1M From Tbi Bank’s CEO And Two Polish And Czech Investment Funds
Polish-American venture fund SMOK Ventures, Czech investment fund Presto Ventures and tbi bank’s CEO, Petr Baron, are some of the investors that granted EUR1 million financing to Ukrainian s...
Soleadify Raises $6M from Five Funds
The Soleadify project, launched by Dataworks Research SRL, which develops a global database of companies to help businesses find customers, has secured a $6 million investment from five inve...
Romanian DRUID Wants to Raise $20M in 2023
Local startup Druid, founded in 2018 by local entrepreneur Liviu Dragan, plans to raise new funding this year, worth around EUR20 million, and is already in talks with investment funds of th...
Packaging Maker Exonia Seeks to Raise RON30M on Bucharest Stock Exchange
Exonia Holding, a group that includes the biodegradable paper packaging manufacturer by the same name, plans to list on AeRO market of the Bucharest Stock Exchange, following a private place...
STC Partners Gets EUR6M Funding from Banca Transilvania to Develop First Phase of Quartier Azuga
Real estate developer STC Partners got a EUR6 million funding from Banca Transilvania to develop the first phase of housing compound Quartier Azuga located in Doamna Ghica area, with the pha...
Raiffeisen Bank Teams Up With EIB Group For Increased Access To Funding Of SMEs And MidCaps
Raiffeisen Bank is the first bank in Romania to enhance business financing through a synthetic securitization under a new cooperation with the European Investment Bank (EIB) and the European...
SMEs To Have around EUR2B Funding Available in 2023
SME-type companies in 2023 have funding totally worth around EUR2 billion available, in line with data provided by consulting firm REI Grup.