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8 investors tell us the story behind the Romanian startup boom – TechCrunch


8 investors tell us the story behind the Romanian startup boom
With record funding levels and three unicorns to show, local investors are buoyant about Romania’s prospects heading into 2021. We caught up with eight of them recently, and heard how the country’s technical talent pool, broadband access and low cost of living have positioned it for the era of remote-first global companies across industries.
The momentum from last year includes 58 startups that raised total funding of €30.39 million, according to a new report just out from long-time Romanian conference How To Web. This represents a 6% increase in the volume of investments overall, and a 51% increase of investments year on year overall. A significant part of these numbers came from companies raising money for the first time. ....

Andrei Pitis , Cristian Munteanu , Alexandru Popescu , Cristian Negrutiu , Teodeor Blidarus , Bogdan Axinia , Mircea Popa , Sergiu Negut , Theodor Genoiu , Dan Mihaescu , Horeca Hotel Restaurant Caf , European Investment Fund , Extra Crunch , Sparking Capital , Early Game , European Investment , Intellectual Property , Eastern European , Innovation Labs , Managing Partner , Founding Partner , Smart Impact , கிறிஸ்டியன் மூஂடயநு , அலெக்ஸாண்டரு போப்ஸ்கூ , ஐரோப்பிய முதலீடு நிதி , கூடுதல் நெருக்கடி ,