DRUID was also named the winner of the CE Tech Rocketship special category, offered by Google Cloud, the program's technology partner at regional level.
The startups in the Early Game Fund I portfolio reached annual revenues of 43 million euros and over 400 employees.
TechAngels members' investment intent for the second semester is €1.8 million, almost double the H1, a similar trend to last year.
Rolling Facility is a new service available on SeedBlink Syndicates that consolidates multiple small investments into a single entity to streamline cap table management.
AccelerAction, a virtual space that connects DeepTech innovators across Europe and that is funded by the European Union, is launching Collab.
Private equity fund MidEuropa has agreed to sell private healthcare chain Regina Maria to Mehiläinen Group, the largest private healthcare provider in Finland backed by investment fund CVC.
Romania's insurance market saw a total volume of gross written premiums of RON 23.4 billion (€4.7 billion) during 2024, up 11% compared to the previous year, according to a report by the Financial Supervisory Authority (ASF).
Romania's informal economy represents about one eighth of its GDP, according to an EY report.
Low-cost airline Wizz Air has opened a new base at Bucharest Băneasa Airport, offering flights to seven destinations including Naples, London, and Budapest.
Public food service company Sphera Franchise Group has earmarked approximately RON 100 million (around €20 million) for investments in 2025.