The Investment Committee designated by the Romanian Government for the Recovery Equity Fund has approved financing for five new investment funds in Q4 2025, announced the Ministry of Investments and European Projects (MIPE).
Wonderful, the enterprise agent platform builder, announced a $100 million Series A funding round on November 11. The round was led by Index Ventures, with participation from Insight Partners and IVP, alongside existing investors Bessemer and Vine Ventures.
Medicai, a local health-tech startup specializing in cloud-native medical imaging, is expanding its presence in the US market, backed by an investment of approximately €200,000.
Bulgarian NanoSat provider EnduroSat has announced the closure of a €43 million investment round, spearheaded by Founders Fund.
GapMinder Fund II announced a €2 million seed investment in Salestools AI, supporting the company's vision to automate and enhance B2B sales processes through autonomous digital agents.
The InvestALIM program, designed to support the development of the food industry, will provide funding for 12 projects with a total investment value of over €300 million.
The European Investment Bank (EIB) Group's financial support for Romania is rapidly approaching a significant milestone.
Catalyst Romania led the funding round, with participation from SeedBlink and other private investors.
The authorities are preparing to launch more than 15 separate funding lines, with allocations ranging from €50,000 to more than €57M.
Fagura, the fintech platform that connects entrepreneurs and investors, announces a new €1 million funding round secured through convertible notes.
The BeeFast SaaS platform provides real-time visibility of delivery operations through an intuitive dispatcher tailored to the specific requirements of instant deliveries.
Each initiative benefits from funding between RON 230,000 and almost RON 270,000 and the projects are planned to be completed throughout 2025.
EIF signs agreements with seven banks to boost business competitiveness and sustainability.
European Industrial SMR Alliance selects newcleo as one of the projects to be supported.
With these resources, ELEC will develop its own software and integrate ridesharing, rent-a-car, and electric charging services into the same platform.
This year should be a much better year for tech startup funding, after 2023 was the worst in nearly a decade.
Romania has achieved a significant fiscal adjustment in the first five months of 2026, narrowing its budget deficit to RON 35.94 billion (€7.19 billion), or 1.75% of GDP.
Deloitte Technology Delivery Center announces the appointment of Emilia Dumitrescu as Managing Director, effective June 2026. She has also been promoted to Deloitte Partner and succeeds Marcus Williamson, Partner, Deloitte UK, upon the completion of his three-and-a-half-year mandate.
Enevo Group and Kraftfeld have signed a contract for the construction of a battery energy storage system (BESS) with a power of 110 MW and a capacity of 220 MWh, at Drăgăneşti-Olt, in Olt county, Romania.
Connections Consult announces the conclusion of two significant subsequent contracts with a public institution in Romania. Each of them has as its object migration services of cybersecurity applications and hardware and software accessories.
Copenhagen Infrastructure Partners (CIP), through its Growth Markets Fund II (GMF II), announced financial close for the 392 MW Peștera II onshore wind project in Constanța County. The project represents one of the larger investments in new renewable energy infrastructure in Romania and one of the larger project finance transactions in CEE.