Romania
Europe · Pop. 19.1M · #48 startup ecosystem by EV · WithinWorldEMEAEurope incl IsraelG20High Income Countries (UN definition)Horizon Europe countriesNATO member countriesNIF countriesEuropeBalkansCentral Eastern EuropeCentral Eastern Europe (incl. Austria)Danube CountriesESA Member StatesEU27European UnionEuropean Union + UKSouth Eastern EuropeRomania
1 Startup funnel
Romania's startup funnel
Companies headquartered in Romania at each stage today, by total VC raised. Hover or tap a bar for the split.
Source: Dealroom.co
2 Latest quarter
Romania's latest quarter in venture capital
Venture capital raised by Romania-headquartered companies each quarter since 2020, split by round size, with detail on the latest complete quarter.
Latest complete quarter
Loading VC raised by Romania-headquartered companies…
3 Enterprise value
How much Romania’s VC-backed companies are worth
Combined enterprise value of VC-backed companies headquartered in Romania, founded since 1990 and still operating, at the end of each year. Companies stay in the total after they list or are acquired.
4 VC investment
How much venture capital flows into Romania
VC investment into Romania-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage.
5 Largest rounds
Largest funding rounds in Romania
A live treemap of $15M+ rounds from the Dealroom API. Each cell is one round into a company headquartered in Romania, grouped by Dealroom sector.
Largest rounds in Romania - 2024–2026
6 Startup hubs
Inside Romania: 1 startup hub, 86 universities
Hubs are sized by combined enterprise value; universities by the startup founders they produced. Hover any point for its numbers; the lists rank hubs by EV and universities by founders.
7 Founder origins
Where Romania's unicorn founders build
19 founders born in Romania are behind 12 unicorns; 75% of those were built in the US. Origins are resolved from biography and education history, not current address. Compare with the other origin countries in Europe, ranked by founders or per 1M inhabitants.
8 Location comparison
How Romania stacks up
Compare Romania with similarly sized ecosystems in Europe — switch between combined EV, 5-year EV growth, and a growth × size view. Expand the table for the full ranking.
Combined enterprise value of each ecosystem.
Top ecosystems in Europe ranked by combined EV. Romania's row is highlighted (#12).
| # | Ecosystem | Combined EV | EV growth | Unicorns | VC invested | Tracked startups |
|---|---|---|---|---|---|---|
| 1 | United Kingdom | $1.2T | 4.7× | 230 | $27.3B | 21K |
| 2 | Germany | $409B | 4.2× | 99 | $8.3B | 9,034 |
| 3 | France | $404B | 5.4× | 69 | $8.3B | 9,103 |
| 4 | Netherlands | $376B | 3.3× | 48 | $3.4B | 3,957 |
| 5 | Sweden | $264B | 5.4× | 56 | $3.5B | 3,393 |
| 6 | Switzerland | $220B | 3.7× | 50 | $4.2B | 3,135 |
| 7 | Denmark | $141B | 4.3× | 24 | $1.9B | 1,749 |
| 8 | Belgium | $113B | 7.5× | 13 | $1.1B | 1,990 |
| 9 | Ireland | $107B | 4.7× | 26 | $1.2B | 1,975 |
| 10 | Spain | $105B | 4.7× | 18 | $3.3B | 4,636 |
| 11 | Finland | $80.6B | 4.0× | 14 | $2.2B | 1,810 |
| 22 | Romania | $14B | 11.5× | 2 | $143.3M | 488 |
9 Patent intelligence
Romania startup IP portfolio: 233 patent families
Granted patent families assigned to startups headquartered in Romania. Aggregated across the country's hub-level filings — Bay Area, Boston, etc. roll up under the United States row, the same way Tokyo and Osaka roll up under Japan.
More data
Explore Dealroom data →Get the full Romania ecosystem on Dealroom
Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.