Investments in Romanian startups have registered a 12x increase in the last six years

Romanian startups attracted investments of 101.7 million euros in 2022, according to How to Web. This ranks Romania as the fifth country in CEE at the level of investments raised by startups, after Estonia, the Czechia, Croatia, and Poland.

In addition to an increase of more than 12x, registered in the last six years, the year 2022 also brings an increase in the number of transactions, respectively in the total volume of transactions, to 101.7M EUR in 2022.

The volume of series A transactions almost tripled compared to the previous year, going from EUR 15.3M in 2021 to EUR 42.6M in 2022. Their number also doubled from 3 in 2021 to 6 in 2022.

The volume of pre-seed transactions decreased by -15.9%, reaching EUR 2.7M, compared to EUR 3.3M in the previous year. The number of pre-seed deals remained close to the previous year’s level, with 19 in 2022 compared to 20 in 2021.

In fact, the average size of pre-seed deals fell by just 11.5%, from EUR 163,000 in 2021 to EUR 144,300 in 2022. At the same time, the volume of seed transactions increased by 29%, reaching EUR 56.4M compared to EUR 43.4M in 2021.

A positive increase can also be seen in the volume of transactions concluded in the first round, which increased by 40%, while the volume of follow-on rounds remained at a similar level compared to the previous year.

SEE ALSO: Evolution of the Romanian tech startups ecosystem

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