Startup Ecosystem Romania
Romania Startup density
Romania is emerging as a hub for innovation and entrepreneurship in Southern and Eastern Europe. Known for its historical richness and scenic landscapes, the country is making waves in the global startup scene. Over recent years, Romania’s startup ecosystem has gained significant momentum, attracting investors, skilled talent, and global corporations. The following insights highlight Romania’s global and regional rankings, startup growth, funding achievements, and overall ecosystem value, showcasing its growing importance as a destination for startups and investors alike.
Romania Funding volume
Romania’s venture capital ecosystem experienced a dynamic first half of 2024, marked by both challenges and opportunities. Domestic startups raised €71.7 million across 23 investment rounds, while foreign startups with Romanian founders secured €28.74 million in 6 rounds. These figures underline Romania’s growing prominence within the Eastern European venture capital landscape, despite a slight decline compared to the same period in 2023.
Romania Investment in key sectors
Romania’s economic development is closely tied to its strategic focus on technology and education. These sectors have received significant public and private investments, fostering innovation, building a future-ready workforce, and enhancing the country’s global competitiveness.
Romania Innovation index
Romania is actively working to enhance its global competitiveness by focusing on innovation, research, and development. Key indicators of this progress include the Global Innovation Index (GII) rankings, R&D expenditure, and patent activity.
Romania Export/Import Ratio
Romania's trade in technology products demonstrates both strong export capabilities and significant reliance on imports, revealing key trends in the country’s technology and manufacturing sectors.
