FUNDING
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Activize Report: Tech Startups in Romania Got Less Funding in 2022
Tech startups in Romania got EUR79.27 million funding in 2022, 7.35% less than the EUR85.56 million of 2021 attracted in 93 rounds, a report by Activize shows.
SeedBlink: Tech Startup Funding in Romania Up 36% to EUR226M in Jan-Oct
The financing for tech startups in Romania reached EUR226 million in the first ten months of 2022, 36% more than in 2021, despite the high inflation and the macroeconomic situation, a report...
Romanian Startup Amsimcel Raises EUR4.8M Via European Innovation Council Accelerator
Romanian high-performance computing startup Amsimcel said on Monday, October 17, that it attracted EUR 4.8 million in blended financing through the European Innovation Council (EIC) Accelera...
Autonom Services Gets EUR15M Funding from EIB for Electric and Hybrid Car Fleet Expansion
Autonom Services, the mobility network controlled by brothers Marius and Dan Stefan, has received EUR15 million backing from the European Investment Bank to increase its e-car fleet.
EBRD Grants EUR12.5M Funding to Dona Group
EBRD is providing EUR12.5 million in financing to Dona Group, an integrated player in the Romanian pharmaceutical market, to support the company's development plans.
Alesonor Gets EUR21M Funding from Banca Transilvania To Build 294 Green Housing Units in Amber Forest Project
Alesonor, the real estate developer that erected luxury housing project Amber Gardens, has got a EUR21 million funding from Banca Transilvania for the construction of 294 green housing units...
Verdino Attracts New Funding Round from Stakeholders
Verdino, a startup co-founded by entrepreneurs Raul Ciurtin and Eberhart Raducanu, which makes pea protein-based foods, has attracted a new funding round from its already existent shareholde...
Biodegradable Paper Shopping Bag Maker Exonia Seeks EUR10M for Expansion
Biodegradable paper shopping bag manufacturer Exonia seeks to get EUR10 million worth of equity investments, governmental funds and bank loans in the next two years, to fuel its investments...
Machinations.io Aims to Boost Revenues by 2-4 Times in 2022
Local startup Machinations.io, which developed a game design platform used by the world’s largest video game studios, in 2022 bets on 2-4 times higher revenues than in 2021 as its turnover h...