Romanian startups raise 12% more venture financing — Business d’Or

The total amount of capital raised by Romanian start-ups in 2022 increased by 12% year-on-year in 2022 and increased 12-fold over the past decade to reach €102 million. The collaboration with was created by KPMG Romania and his KPMG Legal.

The number of transactions increased from 71 in 2021 to 73. It is worth noting that the transaction volume for 2021 includes Series B of FintechOS at €51 million. After subtracting outliers like this, it actually means that in 2022 he outperformed 2021 by 54.3% compared to €65.9m in 2021. Czech, Croatian, and Polish.

“Venture deals involving Romanian startups have withstood strong headwinds from the global tech scene and the global economy in general in 2022.

A key detail that stands out from the report’s conclusions is that 2022 series A volume is up year-over-year. It’s tripled.

At the same time, the volume of seed deals he increased by 29%, reaching 56.4 million euros compared to 43.4 million euros in 2021. NeuroLabs, Cyscale, AdServio, Ogre AI.

Druid is an end-to-end platform dedicated to developing intelligent virtual assistants, also known as chatbots.

A Romanian start-up will receive 14.2 million euros for its innovative technology in May 2022 and now wants to expand globally.

Digitail, a platform that automates many administrative tasks for veterinarians, announced the closing of his $11 million Series A funding round in the US in January 2023. The funds will be used for business expansion in the United States and Canada, as well as further global expansion. Digitail works with over 750 clinics worldwide to care for approximately 1.4 million pets.

Bware Labs, a startup to create a platform for decentralized API infrastructure and connect blockchain data consumers to third-party-provided nodes, raises $6 million in additional funding round in February 2022 , increasing the total funding to $7 million.

Originally published at https://businessdor.com on February 1, 2023.