At the midpoint of 2024, the Romanian innovation ecosystem has exhibited remarkable momentum, with substantial investments flowing from both local and international investors. Compared to the previous half-year review, the total amount raised by the top 10 players has reached €65.5 million, marking an increase of €3.8 million from H1 2023.

This diverse group of top players spans various sectors, including fintech, healthcare AI, developer tools, collaboration platforms, and sports tech, showcasing the dynamic and multifaceted nature of the Romanian tech landscape. These funding rounds indicate strong investor confidence and set the stage for continued growth and development in the region’s technology sector.

In this article, we will delve into some of the most significant funding rounds that have shaped the Romanian business landscape in the first half of 2024, covering sectors such as fintech, SaaS, sports cryptocurrency, and health.

Here are the 10 largest funding rounds in Romania in H1 2024.

FintechOS
Latest round: €55.2M
Stage: Series B+
Total funding: €144.4M
Investors: Cipio Partners, Molten Ventures, Earlybird Venture Capital, Black Rock, OTB Ventures and GapMinder Venture Partners
Founders: Teodor Blidarus and Sergiu Negut
Vertical: Fintech
About: FintechOS is an innovation acceleration software platform that enables fast, plug-and-play, comprehensive digital transformation for companies that offer financial services.

Sessions Technologies
Latest round: €3M
Stage: Seed
Total funding: €7.5M
Investors: Earlybird Venture Capital, LAUNCHub Ventures, UiPath, Stride.VC, SeedBlink, Radu Negulescu and Isometric Ventures
Founder: Radu Negulescu
Vertical: Collaboration Platform
About: Sessions is an all-in-one platform designed to streamline customer-facing sessions, offering immersive experiences for webinars, workshops, and demos.

FilmChain
Latest round: €3M
Stage: Early VC
Total funding: €3.5M
Investors: TechAngels Romania, HearstLab, ROCA X, The Holt Xchange and DeBa Ventures
Founders: Maria Tanjala and Irina Albita
Vertical: Fintech
About: ‘crewfunding’ platform that empowers filmmakers to connect with crews that invest in projects they believe in.

Read here the complete list.