Romanian Startup Ecosystem Radar (10-30 April 2023)

Important notice regarding the format of this report

🌷 We hope you had a great Eastern break and are ready to dive back into the exciting world of startups and entrepreneurship. We’re back with a brand new report, highlighting the most important events and news that occurred in the ecosystem during the month of April.

📰 As part of our continuous effort to improve our content and delivery, we’re introducing a new format that offers even more compressed news coverage. From now on, we’ll be sending out a once-a-month report/newsletter that features the 15-20 most important news items from the previous month.

👀 We believe that this approach will provide you with a more concise and comprehensive view of the ecosystem, while also allowing us to deliver the most impactful news stories in a timely manner. However, we’d love to hear your feedback on this new format. Do you prefer weekly reports with longer descriptions or the new compressed format?

🙏 As always, we value your feedback and look forward to hearing from you.

Venture capital, M&A and funding-related news

1. Romanian food tech startup Bonapp.eco, focused on reducing food waste, has raised €600K in a pre-seed extension (link).

2. AROBS Transilvania Software announced the full acquisition of Future WorkForce Global group, a company based in Cluj-Napoca, specialized in providing complex business process automation solutions (link).

3. Spark, the edtech company revolutionizing high school education, aims to raise €700K through SeedBlink to develop its innovative educational model (link).

4. Morph, a Romanian startup focused on brainstorming, is developing its technology from scratch with the help of a €200K grant from EEA & Norway Grants, via Innovation Norway (link).

Meme break

News related to programs and events

5. Empowering Women in Agrifood accelerator program is accepting applications for its third edition, which is aimed at early-stage women entrepreneurs in the agribusiness sector (link).

6. MerchantPro hosts Romania’s largest e-commerce event, dotCommerce Digital Forum, on June 15, 2023, with premium content and networking (link).

7. The 6th edition of digital incubator Future Makers is accepting applications until May 8, for startups in health, wellbeing, and innovation sectors (link).

8. Women in Tech Romania and the Bravva Angels community are organizing the HackHER hackathon on May 6th, aimed especially at teams with women and focused on gender equality in the technology field (link).

Various news related to startups

9. Romanian startup Nestor launches Talent & Opportunities Marketplace to connect employees with development opportunities (link).

10. Sessions, a startup that provides interactive meeting solutions for companies, launches Sessions Copilot, an AI integrated into its application that helps firms have more engaging and relevant meetings (link).

11. BCR and Romanian company Regnet partner to allow entrepreneurs to create or modify a company directly through the banking app (link).

12. Online micro-lending solution Filbo introduces a new lending product to support small entrepreneur (link).

13. Footprints AI, has been selected in two of the world’s most significant business accelerators: Plug and Play in the US and Particle X in Hong Kong (link).

14. Medicai, has launched an advanced mobile application that will facilitate faster and easier access and collaboration to medical imaging data (link).

15. Romanian-founded platform AgainstData.com has officially launched online and it represents a solution with an extremely simple mechanism for protecting personal data in the online environment (link).