# Top 50 Enterprise Startup Investors in Romania in May 2026

## SeedBlink
- Type: VC Fund
- Location: Bucharest, Bucuresti, Romania
- Relevant deals: 19
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Information Technology, SaaS

SeedBlink is a platform for startup investments. Invest in startups by having the benefits of crowdfunding, the flexibility of angel investors, and the VC structure.

## Early Game Ventures
- Type: VC Fund
- Location: Bucharest, Bucuresti, Romania
- Relevant deals: 15
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Information Technology, Artificial Intelligence

Early Game Ventures is an early-stage venture capital firm investing in startups that create new industries and build the infrastructure for innovation in the emerging markets of Europe.

## Gapminder VC
- Type: VC Fund
- Location: Bucharest, Bucuresti, Romania
- Relevant deals: 9
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Information Technology, E-Commerce

GapMinder plans to invest and support the most disruptive and bold innovations pushing limits and creating positive impact for the community and the overall society.
Our background and experience together with our common values and vision for the fund are the core of our competitive advantage. Our team is eager to create value in the region and forthe region. We focus on Pre-Seed, Seed and Series A stages

## Roca X
- Type: VC Fund
- Location: Bucharest, Bucuresti, Romania
- Relevant deals: 8
- Stages: Seed, Pre-Seed, Convertible Note
- Focus: Software, Information Technology, Health Care

RocaX > Is building a solid and much needed bridge for startups between the support offered by business angels and the upper stage VCs. Learn more!

## Gecad Ventures
- Type: VC Fund
- Location: Bucharest, Bucuresti, Romania
- Relevant deals: 6
- Stages: Seed, Series A
- Focus: Software, Information Technology, Payments

Our commitment, experience, and perseverance have fueled the creativity of some of the most exciting start-ups in Europe.

## 3TS Capital Partners
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 6
- Stages: Series A, Seed
- Focus: Software, Internet, SaaS

3TS Capital Partners is a European technology focused private equity and venture capital firms. 3TS provides expansion capital and buyout funding for small and medium-sized businesses in growth sectors including technology & internet, media & communications and technology-enabled services. Investors in the current and past 3TS fundstotaling over €300 million include EIF, EBRD, Cisco, OTP, Sitra, 3i and KfW among others.Its team of highly qualified experts become active business partners of the portfolio companies and deliver substantial value added beyond financing. When analyzing new investment opportunities and supporting portfolio companies, the company often augment its core team by its sector partners, various co-investors and other industry experts. 3TS is also an active member of several international industry associations and other organizations like EVCA – European Private Equity & Venture Capital Association, the International Venture Club and the Draper Venture Network.

## Catalyst Romania
- Type: VC Fund
- Location: Bucharest, Bucuresti, Romania
- Relevant deals: 5
- Stages: Seed
- Focus: Software, E-Commerce, EdTech

Catalyst Romania is a private equity and venture capital fund platform.

## Sparking Capital
- Type: VC Fund
- Location: Bucharest, Bucuresti, Romania
- Relevant deals: 5
- Stages: Seed, Pre-Seed
- Focus: Mobile Apps, Information Technology, Internet

Sparking Capital is a Business Angel, investing in early-stage startups. It focuses on pre-seed and seed investments to empower businesses.

## Marius Ghenea
- Type: Angel
- Location: Bucharest, Bucuresti, Romania
- Relevant deals: 4
- Stages: Series A, Seed
- Focus: Software, SaaS, Internet

•	Partner of Catalyst Romania VC Fund (part of 3TS Capital Partners) - http://catalystromania.ro/
•	“Investor of the Year in Romania 2016 and 2017" award by CESA with Catalyst Romania Fund
•	Serial entrepreneur and business-angel with successful investments in SEE, ranks in fortune Romanian surveys Capital, Forbes.
•	Experienceas an start-up entrepreneur with Flamingo, from zero revenues and capital to a $50M company, the largest IT product distribution network in Romania, in 7 years. Setting-up a Flamingo International group structure with direct operations in 7 SEE countries (Romania, Bulgaria, Croatia, Hungary, Macedonia, Moldova, Yugoslavia) and one fully-fledged subsidiary in Holland, 1999 – 2001.
•	Manager of team of 500+ people with Flamingo, employees from various countries (majority Romanian), cultures, backgrounds and contributing to the creation of one of the best teams in the IT business in the Balkan region
•	Experience in private equity and venture capital investments. Deal-leader on 6 (123ContactForm, VectorWatch, Marketizator Friends, Intelligent IT/SmartBill, Smartdreamers, Vola.ro) out of 10 investments of Catalyst Romania Fund.
•	Exit track-record: VectorWatch, sold to FitBit early 2017, PCGarage, bought by Naspers/Emag in 2016; VikingProfil, bought by Pruzsinski of Poland, 2008, Flanco, successful exit in 2006, Flamingo, successful IPO in 2004, etc. •	Co-Founder VentureConnect (regional matchmaking platform for tech start-up entrepreneurs and early-stage investors); President Romanian Association for the Online Stores (ARMO)
•	Entrepreneurship, Innovation and New Business Ventures Professor, Maastricht School of Management EMBA program
•	Co-organizer Schoolforstartups Romania, the first SE European entrepreneurship school
•	Author of “Entrepreneurship”, the first Romanian book on entrepreneurship and TV dragon in the Romanian Dragons’ Den

## Malin-Iulian Stefanescu
- Type: Angel
- Location: Bucharest, Bucuresti, Romania
- Relevant deals: 4
- Stages: Seed, Angel, Series A
- Focus: Marketing, Software, Internet

Business Angel, Entrepreneur, Father

## Sofia Angels Ventures
- Type: VC Fund
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 3
- Stages: Seed, Pre-Seed
- Focus: Artificial Intelligence, Software, Information Technology

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## European Union
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 2
- Stages: Grant, Seed
- Focus: Health Care, Information Technology, Medical Device

Discover how the EU functions, its principles, priorities; find out about its history and member countries; learn about its legal basis and your EU rights.

## Sherry Coutu
- Type: Angel
- Location: London, England, United Kingdom
- Relevant deals: 2
- Stages: Seed, Angel, Series A
- Focus: Software, E-Commerce, Human Resources

Sherry Coutu is an angel investor and serves on the boards of companies, charities and universities.As an entrepreneur, Sherry established and successfully sold two businesses in the financial services industry. The first (acquired by Euromoney plc) has operations in more than 70 countries. The second was floated in 2000 on London and Nasdaqand the company was valued at more than $1 billion before being acquired (by AMP plc). Sherry is active in early stage investing and has raised several rounds of venture capital and public equity totaling more than $200 million.Sherry has decades of experience serving companies which range from fast growth private early stage to public and boards with turnover of more than Â£ 1 bn.She is a frequent public speaker, a national judge of the Ernst & Young Entrepreneur of the Year awards, and presents regularly at the top business schools. She specialises in consumer, internet, information services and clean energy.Current university affiliations include Cambridge University and Harvard Business School. Charitable / Government affiliations include the Prince's Trust, Cancer Research UK and NESTA.

## Cleverage VentureCapital
- Type: VC Fund
- Relevant deals: 2
- Stages: Seed, Pre-Seed, Convertible Note
- Focus: Health Care, Information Technology, SaaS

Cleverage Venture Capital

## Zeyshare Ventures
- Type: VC Fund
- Location: Bucharest, Bucuresti, Romania
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Internet, News, E-Commerce

Zeyshare Ventures provides venture capital investments in early & growth stage technology startups across Romania and the Central & South Eastern Europe region, as well as venture building services.
Zeyshare Ventures | venture capital & venture building

## D Moonshots
- Type: VC Fund
- Relevant deals: 2
- Stages: Pre-Seed, Convertible Note
- Focus: SaaS, EdTech, Software

D Moonshots in an investment fund created by Sacha Dragic, founder of the Superbet group.

## Oliver Hehl
- Type: Angel
- Location: Walldorf, Baden-Wurttemberg, Germany
- Relevant deals: 2
- Stages: Angel, Seed, Pre-Seed
- Focus: Financial Services, Banking, Apps

Oliver Hehl

## PortfoLion Capital Partners
- Type: VC Fund
- Location: Budapest, Budapest, Hungary
- Relevant deals: 2
- Stages: Seed, Series A, Series B
- Focus: Software, Information Technology, Big Data

Portfolion is a CEE-focused multi-stage investor with a flexible fund structure that allows it to back companies from or before 1st client until the end of their journey. The fund manager has backed some of the CEE region’s most successful companies including SEON, Novakid, Tresorit, Packhelp, and Starschema.

## Day One Capital
- Type: VC Fund
- Location: Budapest, Budapest, Hungary
- Relevant deals: 2
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, Information Technology, Apps

We are an early-stage technology investor, managing privately financed funds.  We seek to find and join the most exciting Central Eastern European teams on their global mission.

## Neogen Capital
- Type: VC Fund
- Location: Targu-mures, Mures, Romania
- Relevant deals: 2
- Stages: Pre-Seed, Seed
- Focus: Software, Information Technology, B2C

We're a venture studio specialised in marketplaces. We build, fund or buy tech companies with impact.

## LAUNCHub Ventures
- Type: VC Fund
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Software, SaaS, Enterprise Software

LAUNCHUB is a leading early-stage venture capital fund focused on investing in startups in South-Eastern (SEE) and Central-Eastern (CEE) Europe. 

## Alfabeat
- Type: VC Fund
- Location: Gdansk, Pomorskie, Poland
- Relevant deals: 2
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, Marketing, Internet

Welcome to Alfabeat, a specialist seed and early stage venture capital fundfocused on Enterprise SaaS companies from Central and Eastern Europe,backed by successful enterprise software founders.

## Fortech Investments
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed
- Focus: Data Mining, Manufacturing, Internet of Things

Fortech Investments is a branch of Fortech, the Romanian company which provides custom software development services for over 18 years.

## The Mavers
- Type: VC Fund
- Relevant deals: 1
- Stages: Pre-Seed
- Focus: Consulting, Health Care, Artificial Intelligence

The Maversis a venture capital investment firm.

## Sacha Dragic
- Type: Angel
- Location: Bucharest, Bucuresti, Romania
- Relevant deals: 1
- Stages: Pre-Seed
- Focus: News, Sports, Health Care

Sacha Dragic - Founder, Board member & Executive Chairman @ Superbet

## Helvetia Venture Fund
- Type: VC Fund
- Location: Basel, Basel-Stadt, Switzerland
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Financial Services, Information Technology, FinTech

Helvetia has a long tradition: in over 150 years, it has grown from a number of Swiss and foreign insurance companies into a successful international insurance group. Today, Helvetia has subsidiaries in its home market Switzerland as well as in the countries that make up the Europe market area: Germany, Italy, Austria and Spain. Helvetia is alsopresent in France with its Specialty Markets market area and through selected regions worldwide.

## Credo Ventures
- Type: VC Fund
- Location: Prague, Hlavni mesto Praha, Czech Republic
- Relevant deals: 1
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, Artificial Intelligence, Information Technology

We partner with outstanding technology founders from Central and Eastern Europe to help them realize their global ambitions.

## Andreas Cser
- Type: Angel
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Seed, Angel
- Focus: Apps, Ad Retargeting, Subscription Service

Andreas Cser - Partner @ Automat Ventures

## Bianca Rusu
- Type: Angel
- Location: Cluj-napoca, Cluj, Romania
- Relevant deals: 1
- Stages: Equity Crowdfunding, Pre-Seed, Seed
- Focus: SaaS, Software, Education

Entrepreneur & angel investor in disruptive startups building the future through technology.

## Hoxton Ventures
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Artificial Intelligence, Software, Information Technology

Hoxton Ventures focuses on startups that either disrupt existing industries or invent entirely new market categories. Hoxton typically invests between $500,000 and $5 million into pre-seed, seed, and Series A stage companies, and follows its capital through the life of the company.
The firm is based in London and invests all across Europe.

## SIF Transilvania
- Type: VC Fund
- Location: Brasov, Brasov, Romania
- Relevant deals: 1
- Stages: Seed
- Focus: Data Mining, Manufacturing, Internet of Things

Societatea de Investitii Financiare Transilvania S.A. (SIF Transilvania) is a closed-end financial investment company, self-managed in a dualist system and included in the category "Other collective investment undertakings (A.O.P.C.), with a diversified investment policy". The Company's share capital worth RON 109,214,333.20 iscomposed of 1,092,143,332 common shares issued at par value of RON 0.1/share. The shares are listed at the first category of the Bucharest Stock Exchange and have been traded on this market since November 1, 1999 under SIF3 symbol.

## Celer Capital
- Type: VC Fund
- Location: Bucharest, Bucuresti, Romania
- Relevant deals: 1
- Stages: Seed
- Focus: Software, Document Management, Artificial Intelligence

Venture Capital and Private Equity Investment

## Fil Rouge Capital (FRC)
- Type: VC Fund
- Location: Zagreb, Grad Zagreb, Croatia
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Software, Information Technology, E-Commerce

Fil Rouge Capital (FRC) invests in early stage businesses from angel investment, seed, VC and Series A rounds through a combination of equity and debt structures.FRC’s approach is to target investments that complement the skills and experience of its Founders so that they can bring more than just capital to help a business grow. Both FRC’sFounders have a core knowledge of technology, services, and an entrepreneurial history that they can bring to the benefit of an investment. FRC is Europe-centric, and with a base in Ljubljana, Slovenia, there is an additional focus on Central and Eastern Europe, Austria and Southern Germany. On an opportunistic basis FRC will look at deals throughout Europe and also the United States. The Founders are well-connected to accelerators in Central Europe and in Silicon Valley.

## NETOPIA
- Type: VC Fund
- Location: Bucharest, Bucuresti, Romania
- Relevant deals: 1
- Stages: Convertible Note
- Focus: Marketing, Advertising

NETOPIA System is the leading company offering mobile based services in Romania. A young team of professionals have growth a successful story in no more than 5 years. Today, NETOPIA System has a turnover of more than 2.5Milion Euro, offices in Bucharest Romania and Palo Alto CA , a dedicated team of 10 people and several top services available.Netopia is committed to lead the mobile revolution in Romania and to extend our services on a global scale.

## Atlas Venture
- Type: VC Fund
- Location: Cambridge, Massachusetts, United States
- Relevant deals: 1
- Stages: Series A, Series B, Series C
- Focus: Biotechnology, Health Care, Therapeutics

Atlas Venture is an early-stage venture capital firm that creates and invests in biotech startup companies led by promising entrepreneurs focusing on life sciences innovation. Its seed-led venture creation strategy rigorously selects and focuses investment on compelling opportunities to build scalable businesses and realize value.

## Vlad Ionescu
- Type: Angel
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: B2B, Machine Learning, Artificial Intelligence

Vlad Ionescu is Chief Marketing Officer at Tokinomo - Robotic Shelf Advertising. Attended at University of Bucharest.

## Kirov Group Ventures
- Type: VC Fund
- Location: Saint Petersburg, Saint Petersburg City, Russian Federation
- Relevant deals: 1
- Stages: Seed
- Focus: SaaS, Software, PaaS

Corporate venture capital fund of the Kirovsky Zavod

## Clever Capital
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Software, B2B, Recruiting

Clever Capital invest in bold entrepreneurs and disruptive startups building the future through technology.

## EIT Health
- Type: VC Fund
- Location: Munich, Bayern, Germany
- Relevant deals: 1
- Stages: Grant, Pre-Seed, Seed
- Focus: Health Care, Medical Device, Medical

EIT Health is a network of best-in-class health innovators backed by the EU. We deliver solutions to enable European citizens to live longer, healthier lives.

## Ulpia Ventures
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed
- Focus: Computer, Software, Web Design

Ulpia Ventures is a venture capital firm that invests in early-stage to Series A-Level deep tech startups.

## Global Finance
- Type: VC Fund
- Location: Athens, Attiki, Greece
- Relevant deals: 1
- Stages: Series A
- Focus: Email, Linux, Software

Global Finance is an independent investment firm investing in private equity and venture capital.The firm's operation consists of private equity fund management, real estate development, and advisory services. It manages a number of funds, each with a distinctive, clearly defined geographic and investment focus.It was headquartered inAthens, Attiki in 1991 and has offices in Sofia, Bucharest, and Belgrade.

## Growceanu Angel Investment
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed, Convertible Note
- Focus: SaaS, Artificial Intelligence, Analytics

Growceanu is a group of business angels, active primarily in high-tech areas that contribute with money, professional and business expertise and personal connections to the development of tech startups with high potential of growth.

## Axxess Capital
- Type: VC Fund
- Location: Bucharest, Bucuresti, Romania
- Relevant deals: 1
- Focus: Retail, Internet, E-Commerce

Investment Advisor of private equity fundsFunds under advisory contracts: Romanian-American Enterprise Fund, Balkan Accession Fund and Emerging Europe Accession FundMost extensive investment experience in the region (+15 years presence, + €250M equity invested)Lower mid-market specialists; Deals ranging from €5M to €15M; funds invested for a3-7 years termLargest team in SEE, comprising over 15 people, including investment professionals, finance specialists, legal advisers, and support staff.Blend of local and international perspective. Investment experience, expertise and contacts across relevant sectors and industriesFull time presence in Romania and Bulgaria

## Acequia Capital (AceCap)
- Type: VC Fund
- Location: Seattle, Washington, United States
- Relevant deals: 1
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, Information Technology, Artificial Intelligence

We are a leading early-stage investment platform. We are at the center of a global ecosystem that attracts and fuels the technical founders and product teams building the next wave of global businesses.

## Dawn Capital
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Series A, Series B, Series C
- Focus: Software, SaaS, Information Technology

We are a family of investors, entrepreneurs, strategists and operational specialists, drawn together by our passion for helping B2B founders build category-defining companies.

## Karma Ventures
- Type: VC Fund
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 1
- Stages: Series A, Seed, Series B
- Focus: Software, Artificial Intelligence, Information Technology

karma.vc is an early stage venture capital fund focusing on seed and early stage technology companies in Europe.

## MMC Ventures
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Series A, Seed
- Focus: Software, Artificial Intelligence, Machine Learning

MMC is a venture capital fund investing in early stage, high-growth UK companies. Our mission is to be involved in the creation of the global industry-leading companies of tomorrow.

## Cisco
- Type: VC Fund
- Location: San Jose, California, United States
- Relevant deals: 1
- Stages: Series C, Series B
- Focus: Software, Information Technology, Enterprise Software

Cisco enables people to make connections whether in business, education, philanthropy, or creativity hardware, software, and service offerings are used to create the Internet solutions that make networks possible, providing easy access to information anywhere, at any time. Cisco offers a diverse set of services, including technical assistance andadvanced services.

## Alex Hoye
- Type: Angel
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Seed, Angel, Pre-Seed
- Focus: Software, Apps, Advertising

Alex Hoye is the Co-founder and CEO of Full Stack Supply Co. He previously worked at Runway East as a Co-founder. Alex Hoye attended Stanford University.

## Arts Alliance
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Advertising, Mobile, Software

Arts Alliance is a venture capital organisation supporting a growing network of entrepreneurs. They have a "hands on approach" to investment and provide both creative talent and strategic advice to Portfolio Companies in the technology and services, and communications sectors.

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

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