“After the end of 2022, we can sense strong signals such deals are a much sought-after portfolio by Romanian investors, but also by European or global ones,” said Alexandru Agatinei, CEO of How to Web.

At the same time, the number of deals also rose in 2022, from 71 in 2021 to 73 in 2022, and the total deal volume increased from EUR91.4 million in 2021 to EUR101.7 million in 2022.

Also, the volume of series-A type deals almost tripled in 2022 from the previous year, from EUR15.3 million in 2021 to EUR42.6 million in 2022. Their number doubled, from 3 in 2021 to 6 in 2022.

The volume of deals sealed as a first round rose by 40%, while the volume of follow-on investments was flat from 2021, in line with Romanian Venture Report.

(English version by Catalina Apostoiu)