The almost EUR9 million were used to fund 69 startups. “The results show 2021 was a year of recovery, in the sense of regaining ground lost amid the pandemic by startups’ teams and of environment mending, of collaboration, opening, of furthering support relationships for team and valuable project development,” said Malin-Iulian Stefanescu, TechAngels chairman.

For 2022, TechAngels plans to keep up the constant pace of connecting with founders and startup teams, boost involvement and interactivity within the group of investors. The intention is to make use of multiple expertise and promote experience and opinion exchange within the group. Also, for investors, there will be learning and updating opportunities linked to European association membership and access.

(English version by Catalina Apostoiu)