In 2023, their investments neared EUR3 million, with around 25-30 startups being funded.
For the current year, investment appetite is rising and some large funding rounds are even expected to be carried out, worth several million and tens of million euros.
Last year, most tech startups financed by TechAngels investors were from the areas of deep tech, AI and machine learning, with a focus on B2B solutions.
However, Marius Istrate, chairman of TechAngels, a group that currently has 140 members, mentions there are plenty of opportunities for startups bringing solutions in strategic fields such as defense, energy or health.
(English version by Catalina Apostoiu)