Romanian start-ups are accelerating their adoption of technology and innovation, attracting a total investment of €101.7 million in 2022. Czech Republic, Croatia, Poland.
Produced by How to Web in partnership with KPMG Romania and KPMG Legal, the third edition of the Romanian Venture Report provides a complete picture of venture capital investments raised by Romanian start-ups, including deal types, evolution compared to previous years. are analyzing. Romania’s relationship with the European ecosystem of investors and technologies, as well as the most promising industries or technologies developed by invested start-ups.
In addition to the more than 12-fold increase registered in the last six years, the number of transactions in 2022 will increase from 71 in 2021 to 73 in 2022, and the total transaction volume will increase from 91.4 million each. I’m here. From EUR in 2021 he is EUR 101.7 million in 2022.
“Venture deals involving Romanian startups have withstood strong headwinds in 2022 coming from the global tech scene and the global economy in general. But there are strong indications that it could actually become a coveted bet in a portfolio.” How to Web CEO Alexandru Agatinei said:
One key detail that stands out from the report’s conclusion is that series A deal volume in 2022 tripled year-over-year. Other key findings include:
- The volume of Series A transactions almost tripled year-on-year, from €15.3 million in 2021 to €42.6 million in 2022. That number has also doubled from three in 2021 to six in 2022.
- Pre-seed trading volume reached €2.7 million, down 15.9% from €3.3 million in the previous year. The number of pre-seed deals remained close to the previous year’s level, with 20 in 2021 and 19 in 2022. In fact, the average size of pre-seed deals fell by just 11.5% from €163,000 in 2021 to €144,300. 2022.
- At the same time, the volume of seed deals increased by 29%, reaching €56.4 million from €43.4 million in 2021.
- There was also a positive increase in deal volume closed in the first round, which increased by 40%, while volume in subsequent rounds remained at similar levels compared to the previous year.
“To become a successful technology company, perseverance and the character of the founder are more important than big ideas and inspiration. We need to take a risk-taking approach, build and foster innovation, and then the dynamics we see in the Romanian Venture Report are not only possible, but are rapidly growing in our region. We are succeeding in the continuation of the industry where we are.” René Schöb, Partner and Head of Tax and Legal at KPMG, said:
The Romanian Venture Report is an important resource for investors, start-ups and entrepreneurs across the region, enabling them to identify trends and interests related to global venture capital investment activity.