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

Investments of TechAngels members rose 73% in H2 2023, up to an annual aggregate of EUR 3 million

EUR 2.928 million is the aggregate investment made in 2023 by the members of TechAngels, the largest angel investor network in Romania. EUR 1.856 million was invested in H2 2023, up 73%...

TechAngels – More than EUR 1 million funding for the tech ecosystem, appetite for investments to double in H2 2023

The members of TechAngels, the largest network of angel investors in Romania, invested EUR 1,013,000 in the first half of 2023, a third of the investments made in H1 2022.

TechAngels celebrates 10 years of angel investment in Romania 

TechAngels, Romania’s first angel investor network, is celebrating its 10th anniversary. During this time, the group infused more than EUR 40 million in the Romanian tech ecosystem.

Marius Istrate will head TechAngels for the next two years

Marius Istrate is the new president of the TechAngels group, Romania’s first and largest angel investor network, which elected a new leadership team for the next two years. The tenure of the President elect and...

TechAngels members invested EUR 5.679 million in 2022, 50% in initial funding rounds and 50% in follow-on rounds

Bucharest, 14 February 2023 – Aggregate investments made by the members of TechAngels, the largest network of angel investors in Romania, in 2022 amounted to EUR 5.679 million, with EUR 1.023 million placed in the last quarter of the year.

Caution supplanted buoyancy in the tech ecosystem in 2022 and will continue to do so in 2023

Judging by the first opinions summarized, 2022 was a challenging year for the tech start-ups. In an internal survey, the members of TechAngels, the largest network of angel investors in Romania, described 2022 as a reset year and even a “brrr” year.

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

Marius Istrate

Chairman of TechAngels Romania

Mălin-Iulian Ștefănescu

Angel Investor

Anca Petcu

Angel Investor

Cosmin Curticăpean

Angel Investor, CEO iFactor

Sebastian Cochinescu

Angel Investor, Founder & CEO TailPath

Matei Dumitrescu

Angel Investor, Founder @ idEA

Mihai Guran

CEO - Guran Consulting Global; Angel Investor

Sabin Gîlceavă

Negotiation Adviser, Angel Investor

Dimitris Matsakis

Angel Investor

Ciprian Harabagiu

Angel Investor, Founder at Decalex

Ștefan Morcov

Technology Enthusiast, CEO Hermix

Angel Investors

Lucian Rotar

Angel Investor

Bogdan Axinia

Angel Investor

Cristi Stoica

Angel Investor

Gabriel Pană

Angel Investor

Andrei Calagiu

Entrepreneur & Angel Investor

Flaviu Simihaian

Angel Investor

Andrei Ostacie

Angel Investor

Codrin Mardare

Angel Investor

Marius Mocanu

Angel Investor

Mihai Dârzan

Tech Founder, Energy Expert & Angel Investor

Guido Greulich

Angel Investor

Andrei Ghiorghiu

CEO @ BlueTweak

Antonio Eram

Angel Investor

Mihaela Mitroi

Angel Investor

Cristian Cârstoiu

Angel Investor

Felix Crișan

Angel Investor

Silviu Stratulat

Angel Investor

Calin Metes

Angel Investor

Gabriel Iovu

Angel Investor, Founder & CEO Expressoft Technology

Alexandru Tandrau

Angel Investor

Radu Vucea

Angel Investor

Vlad Sarca

Serial entrepreneur and investor

Ion Gîlea

Founder & CEO OOK Group

Dinu Malacopol

Angel Investor

Todor Breshkov

Founding Partner @ LAUNCHub Ventures

Florin Bora

Strategy Advisor and Angel Investor

Daniel Ilinca

Angel Investor

Mihai Rotaru

Angel Investor

Adrian Stefanescu

Angel Investor

Mike Costache

Angel Investor

Iulian Crăciun

Angel Investor

Florin Visa

Angel Investor

Mircea Căpățîna

Angel Investor

Alex Negru

FinTech BUIDLER

Radu Voicu

Angel Investor

Cătălin Rusu

Angel Investor

Călin Fusu

Angel Investor

Stefano D'Amiano

Angel Investor

Răzvan Crăciunescu

Angel Investor

Cosmin Ochișor

Angel Investor

Costin Baicu

Angel Investor

Alex Negrea

Angel Investor

Teodor-Alin Covalciuc

Angel Investor

Ionut Țăranu

Angel Investor

Tudor Hanea

Angel Investor

Vasile Țiple

Angel Investor

Ionuț Iliescu

Angel Investor

Răzvan Atim

Angel Investor

Radu Bugică

Angel Investor

Victor Mavrodineanu

Angel Investor

Adrian Grigorof

Angel Investor

Răzvan Enache

Angel Investor

Mihai Radu Bălan

Angel Investor

Liviu Sima

Angel Investor

Rodica Lupu

Angel Investor, Founder Ingenius Hub

Paul Murariu

Angel Investor

Robert Stan

Angel Investor

Andrei Manda

Angel Investor

Andrei Dumitrel

Angel Investor

Marian Dinu

Angel Investor

Lucian Todea

Angel Investor, Co-Founder Elrond

Răzvan Roman

Angel Investor

Florin Vasilică

Angel Investor

Răzvan Căpățîna

Angel Investor

Neculai Sandu

Partner Accendo

Alexandru Luchian Constantinescu

Angel Investor

Tudor Galoș

Senior Consultant, Tudor Galoș Consulting

Dan Farcasanu

Angel Investor

Daniel Mereuță

Angel Investor

Alex Stoian

Angel Investor

Nicu Achihaei

Angel Investor

Octavian Pătrașcu

Angel Investor

Gabriela Amarie

Angel Investor

Niculae Dincă

Investor

Andrei Pitiș

Angel Investor, Founder & CEO at Simple Capital

Bogdan Iordache

Angel Investor

Andrei Dudoiu

Co-Founder & CEO SeedBlink

Nicolae Neacșu

Angel Investor

Ștefan Popa

Co-organizer Intel Software Professional

Robert Herscovici

Angel Investor

Vlad Sandu

Angel Investor

Lucian Mățăoanu

Angel Investor

Laura Tabus

Angel Investor

Radu Hasan

Angel Investor

Dan Adamescu

Angel Investor

Alina Georgescu

Investment Manager Catalyst Romania VC Fund

Dan Călugareanu

Angel Investor

Alexandra Cernian

Angel Investor

Raluca Soaita

Angel Investor

Cristian Dascălu

Angel Investor

Ovidiu Fer

Angel Investor

Gabriel Pavel

Angel Investor

Ciprian Păltineanu

Angel Investor

Bogdan Constantinescu

Angel Investor, General Manager Amber Labs

Dan Popescu

Angel Investor

Mihai-Cosmin Guia

Angel Investor

Ciprian Cândea

Angel Investor, CEO Ropardo

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

If you want to grow your business or if you want to become a member of the TechAngels Business Angels Association, please don't hesitate to contact us - [email protected]

The beginnings of angel investment in Romania.

Find out how TechAngels was born and raised.

Read the brief history of the first and largest network of angel investors in Romania as seen by investors and startups.

As Malin Stefanescu, TechAngels President put it: “Learning from your mistakes is great, learning from other’s mistakes is definitely cheaper.”