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TLDR:
- Romania’s innovation ecosystem saw significant momentum with substantial investments in H1 2024.
- The top 10 funding rounds totaled €65.5M, with FintechOS leading the way with €55.2M raised.
Romania’s tech landscape experienced a surge in investments in the first half of 2024, with various sectors receiving substantial funding. FintechOS emerged as the top player, securing €55.2M in its Series B+ round, bringing the total to €144.4M. Other notable funding rounds included Sessions Technologies, FilmChain, Genezio, Nordensa, TOKERO, Rayscape, Mindclass, Aysa, and Remote Butler.
Additionally, the Romanian tech sector witnessed significant M&A activities, with companies like MEWA Textil-Service, CODA Intelligence, and PDQ making acquisitions. In terms of funding growth, GapMinder Ventures and Early Game Ventures made strategic moves in the investment landscape, launching new funds to support tech companies across the region.
The diverse funding rounds and M&A activities highlighted the dynamic and multifaceted nature of Romania’s tech ecosystem, setting the stage for continued growth and development in the region’s technology sector.
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