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FUNDING

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TechAngels Investments Stand At Over EUR1M In H1
Technology &Telecoms

TechAngels Investments Stand At Over EUR1M In H1

In the first six months of this year, the members of TechAngels - the largest network of business angels in Romania, have invested a total of more than EUR1 million in technology start-ups,...

Loredana Frățilă-Cristescu · 11.09.2024 · 19:06 · 1 min
Clifford Chance Assisted Erste Group and BCR in Funding Development of 99.2 MW Onshore Wind Project Nala Renewables Acquired from OX2
Companies

Clifford Chance Assisted Erste Group and BCR in Funding Development of 99.2 MW Onshore Wind Project Nala Renewables Acquired from OX2

A multijurisdictional team of Clifford Chance assisted Erste Group Bank AG and BCR in funding the development of a 99.2 MW onshore wind project that Nala Renewables bought from OX2.

Roxana Dumitru Rosu - Mediafax · 19.08.2024 · 12:32 · 1 min
Retele Electrice Companies Attract New, RON191M, European Funding for Investments in Distribution Infrastructure
Companies

Retele Electrice Companies Attract New, RON191M, European Funding for Investments in Distribution Infrastructure

The Ministry of Energy and the companies Rețele Electrice Muntenia, Rețele Electrice Banat and Rețele Electrice Dobrogea (part of the PPC Group in Romania) have signed three new non-reimburs...

Cristina Bellu · 02.08.2024 · 10:01 · 1 min
Leanpay Raises EUR10M Funding
Technology &Telecoms

Leanpay Raises EUR10M Funding

Slovenian startup Leanpay, which has been present in Romania with its Buy Now Pay Later (BNPL) digital lending solution since 2023, has raised a new series B round of funding worth EUR10 mil...

Loredana Frățilă-Cristescu · 30.07.2024 · 22:35 · 1 min
Early Game Ventures Provides EUR1M Fund To AI Startup CogniSync
Technology &Telecoms

Early Game Ventures Provides EUR1M Fund To AI Startup CogniSync

Venture capital firm Early Game Ventures (EGV) has invested EUR1 million in AI startup CogniSync, which develops software technology that helps streamline workflows to support fast growing c...

Loredana Frățilă-Cristescu · 22.07.2024 · 20:36 · 1 min
Romanian Startup .lumen Announces EUR5M Funding Round
Technology &Telecoms

Romanian Startup .lumen Announces EUR5M Funding Round

Romanian startup .lumen, which is on a mission to restore mobility to the blind and visually impaired, has opened a EUR5 million funding round, with EUR1 million available on the all-in-one...

Loredana Frățilă-Cristescu · 17.07.2024 · 14:05 · 2 min
Romania Secures Record EUR4.1B In EIB Funding In 2023
Banks-Insurance

Romania Secures Record EUR4.1B In EIB Funding In 2023

In 2023, Romania saw a record level of financing obtained from the European Investment Bank (EIB) Group, with a total of financial commitments worth EUR4.1 billion, the highest level so far,...

Ecaterina Craciun · 08.07.2024 · 14:10 · 2 min
Packaging Maker Promateris Got EUR2.3M In Norwegian Funds In Last Four Years
Capital Market

Packaging Maker Promateris Got EUR2.3M In Norwegian Funds In Last Four Years

Promateris (PPL.RO), a leading Romanian industrial group that manufacturers biodegradable and compostable packaging, has proven that accessing Norwegian funds can turn an innovative idea int...

Loredana Frățilă-Cristescu · 03.07.2024 · 22:31 · 1 min
Instant Factoring IFN Gets EUR1M Subordinated Loan from EIF To Boost Lending to Small Companies in Romania
Companies

Instant Factoring IFN Gets EUR1M Subordinated Loan from EIF To Boost Lending to Small Companies in Romania

Romanian fintech Instant Factoring IFN has signed a EUR1 million subordinated loan agreement with the European Investment Fund to expand lending to small enterprises in Romania.

Mircea Nica · 26.06.2024 · 09:31 · 1 min