Thus, with a total volume of EUR129.6 million, deals in Romania crossed the EUR100 million mark for the third year in a row, up 27.4% from the previous year and despite a slight decline in the number of deals.
In line with the report, Romania registered 61 deals in 2023, down around 16.4% from the 73 deals sealed in 2022, but the average size of deals increased by around 52.5% from EUR1.39 million in 2022 to EUR2.12 million in 2023.
At the same time, while 2023 was a year of declining investments and investors were more cautious than in other years, the east European startup scene still registered positive results, such as a 378.8% increase against 2020 of the value of investments in eastern Europe.
(English version by Catalina Apostoiu)