Romania has become one of Eastern Europe’s most vibrant and promising tech hubs. In 2024, as noted in the Venture in Eastern Europe 2024 Report, Romanian startups raised a record €128.6 million, marking the fourth consecutive year of funding surpassing €100 million.
The country’s tech strength is reflected in its talent pool of over 202,000 IT professionals, placing Romania among the top in Central and Eastern Europe. Its angel investment scene is thriving, with the majority of funding flowing into healthtech, fintech, proptech, and edtech—a sign of a maturing ecosystem with clear sectoral priorities.
Backed by government and EU digital initiatives, Romania is making strides in areas like 5G expansion, SME digitalisation, and innovation in the ICT sectors. However, challenges remain, particularly in retaining ICT talent and increasing investment in advanced technologies such as AI and cybersecurity, as emphasised in the 2024 Digital Decade Country Report by the European Commission.
Bucharest and Cluj-Napoca continue to lead in innovation, with a growing number of startups, accelerators, and R&D centres. Meanwhile, Iasi and Timisoara are emerging as new tech hubs, powered by strong universities and skilled labour.
Here are 10 companies helping shape and strengthen Romania’s tech ecosystem.
Amount raised in 2024: $10M
Creatopy is an AI-powered creative automation platform that enables businesses and agencies to efficiently design, personalise, and scale digital advertisements across multiple channels.
With advanced features like instant design generation, customised animations, and creative workflow management, Creatopy streamlines the ad production process, allowing teams to maximise efficiency and achieve impactful results in their advertising campaigns. The platform supports collaboration, offering tools for team-based workflows, feedback gathering, and project management.
In 2024, the company raised $10 million in Series A.
Amount raised in 2024: €5M
dotLumen is a research startup dedicated to enhancing mobility for visually impaired individuals through advanced technology.
The company has developed the “Glasses for the Blind,” a wearable device that emulates the functions of a guide dog using Pedestrian Autonomous Driving (PAD) AI. This technology provides real-time navigation assistance via haptic feedback and voice cues, enabling users to navigate their environment safely and independently.
dotLumen secured a €5 million investment round in 2024 to support the commercialisation of their technology across Europe and beyond.
Their mission is to empower the blind by leveraging AI, robotics, and neuroscience, aiming to transform assistive technology and improve the quality of life for millions worldwide.
Amount raised in 2024: €3M
Sessions is a Romanian-founded comprehensive platform designed to streamline and enhance virtual meetings, webinars, and collaborative sessions.
The company aims to address the challenges of fragmented communication tools by offering an all-in-one solution that integrates scheduling, agenda management, content sharing, and real-time collaboration. With features like AI-powered meeting assistants, interactive agendas, and seamless integrations with tools like Zapier and HubSpot, Sessions empowers teams to conduct more engaging and efficient online interactions.
The platform has garnered recognition for its user-friendly interface and innovative approach to virtual communication, making it a valuable asset for businesses seeking to optimise their remote collaboration efforts.
In 2024, Sessions raised €3 million to expand its collaboration platform.
Amount raised in 2024: €2M
Adapta Robotics is a technology company specialising in the design and manufacture of adaptable robotic solutions for automation across various industries. The company builds its robots from the ground up, enabling high levels of customisation and seamless integration into existing workflows.
Adapta’s flagship products include MATT, a robotic system that replicates human input for precise device testing, and ERIS, an intelligent scanner designed to address retail challenges such as price tag errors and shelf stock issues. These solutions are deployed globally in sectors like automotive, aerospace, manufacturing, gaming, and retail.
Adapta Robotics combines advanced hardware and artificial intelligence to enhance human potential and bring efficiency to everyday tasks. The company’s mission is to deliver high-quality, reliable robotic products that support automation efforts and technological progress.
In 2024, ADAPTA Robotics raised €2 million to strengthen distributor partnerships and further tailor its MATT Robot for diverse industry needs, focusing on hardware, software, and stress testing applications.
Amount raised in 2024: $2M
Genezio is a startup that offers a serverless cloud platform designed to streamline the development and deployment of full-stack web and mobile applications.
The platform provides developers with tools for building, deploying, and maintaining scalable applications, featuring type-safe communication between the front end and back end. Genezio’s infrastructure supports automatic scaling and aims to reduce cold start times, enhancing performance and cost-efficiency.
In 2024, the company secured a $2 million pre-seed funding round, intended to support its go-to-market strategy and the development of enterprise features.
Amount raised in 2024: €1.65M
Nordensa is a startup that has developed a fan-powered platform revolutionising football talent discovery through fan engagement.
The company enables supporters to financially back young, talented football players from underrepresented regions, providing them opportunities to participate in trials and secure professional contracts with European clubs.
In 2024, Nordensa raised €1.65 million in seed funding to enhance its platform and expand its team.
Amount raised in 2024: €1.2M
Parol is a healthtech startup that provides an AI-powered platform designed to streamline clinical documentation for healthcare professionals.
The company offers a solution that transcribes and summarises doctor-patient conversations in real time, generating accurate medical records in both English and Romanian. By automating the documentation process, Parol aims to reduce administrative burdens, allowing clinicians to focus more on patient care. The platform features speaker change detection, customizable templates, and HIPAA-compliant security protocols.
In 2024, Parol secured over €1.2 million in funding.
Amount raised in 2024: €1M
Fagura is operating a peer-to-peer (P2P) lending platform that connects individual investors with borrowers seeking personal and business loans. By leveraging technology, Fagura aims to democratize access to financing and investment opportunities, offering an alternative to traditional banking systems.
The platform allows investors to fund loans starting from €25, providing borrowers with more accessible financing options and investors with the potential for higher returns compared to conventional savings products. The company envisions evolving into a comprehensive digital bank, enabling users to manage their entire financial lives online.
As of 2024, Fagura has raised over $2 million in funding, supporting its growth and development in the fintech sector.
Amount raised in 2024: €900,000
Youni Choice is an educational consultancy that specialises in guiding students toward top global universities.
The company offers personalised support and expert advice to help students navigate the complexities of international higher education admissions. In addition to university application assistance, Youni Choice provides preparatory courses for standardised tests such as the SAT and organises events like the Youni Math Bootcamp to enhance students’ academic performance. Through these services, Youni Choice aims to empower students to achieve their educational aspirations and secure placements in prestigious institutions worldwide.
The company raised €900,000 in 2024.
Amount raised in 2024: $500,000
Rayscape is a medtech startup specialising in artificial intelligence (AI) solutions for radiology.
The company develops AI-powered software that assists radiologists in analysing medical images such as chest X-rays and lung CT scans. Their products aim to enhance diagnostic accuracy and efficiency in radiology departments across various European countries.
In 2024, Rayscape secured €500,000 in funding. This investment is intended to support the company’s expansion into the US market and further development of its AI-driven radiology solutions.
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