The Tech Business Angel Investors Group in Romania
TechAngels is actively contributing to the development of tech businesses from Romania and South-Eastern Europe through investment, expertise and connections since 2013.
About
TechAngels was created in 2013 to fill the need of having a common “meeting place” between early stage technology startups and the investors looking for investment opportunities.
The group has two main directives: to educate and support young entrepreneurs through investments, access to acceleration programs and a sum of various other resources needed to grow their business, and to encourage potential business angels to take their first steps in this area of expertise.
For whoever is taking into consideration becoming a technology business angel investor, being part of TechAngels is the best solution: as a member of the group, you have access to a considerable number of startups looking for funding, you can benefit from the investment-focused workshops, shared experiences from the other members, and you can make your first investments – either as a private investor or as a syndicate partner – with guidance from the most experienced technology business angels.
News
2025 – the year Romanian tech changed gears: less noise, more substance
TechAngels – €1 Million in direct investments in H1 2025, with a focus on new startups and emerging technologies
Beyond Package 2: the road to a modern legislative framework for tech startups
From Capital to Exodus: Forced capitalization measure stifles funding for Romanian startups
TechAngels Romania warns that the proposed mandatory capitalization of shareholder and investor loans endangers the local innovation ecosystem, discourages private investment, and risks accelerating the relocation of Romanian startups to more favorable jurisdictions.
TechAngels stepped up investments in 2024 with an almost threefold surge in the second half of the year
Investors in the TechAngels group, Romania’s most experienced angel investor network, saw an almost threefold rise in their investments in H2 2024 to reach EUR 2.757 million in direct investments in tech startups. The investments for the entire 2024 therefore amounted to EUR 3.777 million, a 25% YOY increase.
Ambition and struggle – The tech ecosystem in 2024
Romania’s startup scene in 2024 was buzzing with ambition. With approximately €245 million in announced financing rounds the year showcased a growing appetite for innovation and scaling up. However, let’s not get ahead of ourselves. These figures reflect financing intentions—what startups sought to raise—not necessarily closed deals or achieved amounts. In other words, the announcements highlight the ecosystem’s needs and potential, even if they don’t yet paint a full picture of outcomes.
How it works
01
Contact TechAngels using the form from the bottom of the page.
02
If you meet our criteria, we will contact you for a full analysis of your product or business.
03
The presentation of your product or business will be sent to our angel network.
04
We match you in with the angels interested in your project.
05
We facilitate the syndication and closing of the investment round.
Criteria
Before applying for financing make sure you meet our criteria.
01
Team
We're especially interested in experienced teams, with good professional expertise and proven track record.
02
Market
We facilitate investments in mostly tech projects, focusing especially on web, mobile, software and hardware.
03
Stage
We're mostly interested in projects that have at least a prototype, or have reached the product/market fit stage.
04
Investment
The most common investments will vary between 10.000 and 200.000 EUR.
Investors
We facilitate investments in mostly tech projects, focusing especially (but not exclusively) on web, mobile, embedded software, hardware, meditech. Over the years, our >30 members have been involved, through investment and mentorship, in a great number of success startups.
Chairman & VPs
Angel Investors
Robert Herscovici
Angel Investor
Andrei Manda
Angel Investor
Iulian Crăciun
Angel Investor
Dan Popescu
Angel Investor
Lucian Rotar
Angel Investor
Dan Adamescu
Angel Investor
Victor Mavrodineanu
Angel Investor
Be part of the story
If you want to grow your business and want to find out the opportunities TechAngels can offer, please fill in this form. We will contact you shortly for an analysis of your product or business and then put you in contact with our angel investors.
Apply as a startup
Are you ready to create breakthrough innovation? Does your startup meet our investment criteria? If the answer is yes, apply for financing and let’s discuss how we can help you reach the next level.
Apply as an investor
Are you ready to help innovative startups reach the next level?Apply to become an investor in the largest Romanian angel investors’ network and let’s discuss how you can contribute to the ecosystem.
Readiness Radar
Where are you on the road to becoming fully operational and taking over the world with your idea/solution/product? If you can be clear on that, all the other things become more easy to plan.
We built this basic assesement to trigger all of us to think and discuss about readiness, how can it be achieved, evaluated and improved. Follow the steps of this simplified #ReadinessRadar and then let us talk. www.techangels.ro is always open for dialogue. #GrowSmart #SmartGrowth
Testimonial
My professional and investment experience tells me that we have very talented local professionals, whom deserve to be supported. Find out the opportunities TechAngels can offer.
Andrei Pitis
VP of Product at Fitibit