TechAngels Romania

A brilliant warmly night to wrap up a year of collaboration and sharing together with Bravva Angels and startup teams. The Angels Way is a road of constant hope, involvement, learning, sharing and growing. It is not easy but with our TechAngels is always fun.( the proof below 🙃) Thank you all for keeping the #techecosystem on its development track. #growingtogether #angelinvestors #startups 

We are preparing the end of the year and will hold our last #pitchday Tuesday of 2024. This time we will have two daring stratups proposing specialized approaches to education and energy: ➡️ An AR-based solution combined with haptic technology enabling physical interaction with digital content. A device that connects to phones/tablets, allowing students to feel and manipulate digital concepts, with sensations like temperature and vibration, enhancing engagement and learning outcomes for kinesthetic learners. ➡️A global energy source mapping initiative, beginning with prosumers, to identify optimal nodes in the system for efficient energy distribution and forecasting. 🤝We will then join our peers from Bravva Angels for an AngelWay end of the year event, keeping close and collaborating in times of fun as in times of work 🎉 . If you want to be part of this special journey, always in the first lines of new ideas and to support the development of the #techecosystem on either sides of the pitch deck just send us a message at www.techangels.ro. #growingtogether #startups #angelinvestors

#TechWeekInReview shows constant pace towards development, teams working hard for expansion in new markets despite the intense turbulences of the political side of our lives. ➡️ Data Against Data opened a financing round, of unspecified size, to ensure the startup scale up. The plan is that the financing will ensure the needed developments until the team will be ready for a series A round. The solution enables users to identify which companies hold their personal data and request deletion with a few clicks. The platform acts as a digital assistant integrated with Gmail accounts and includes features such as email unsubscriptions, carbon footprint tracking for emails, and multi-account management. The customer base is spread across the USA, UK, EU, and other regions, with a growing B2B segment. ➡️SnapSnack.app has opened a financing round of €100,000–€110,000, aiming to scale up the startup and support further development and marketing efforts. The solution leverages AI to combat food waste by analyzing food photos, identifying ingredients, and generating personalized recipes based on dietary needs and preferences. SnapSnack plans to integrate partnerships with retailers promoting sustainability, offering users affordable options for meal preparation while reducing waste. The startup envisions the funding as a step toward expanding its reach and refining its innovative platform. ➡️Meditatii.ro is seeking its first financing round, with plans to scale the business and develop an AI assistant for teachers, currently in testing. The platform connects students with teachers for tutoring across 70+ subjects, offering transparency through reviews and detailed filters. It operates on a pay-per-lead model, where teachers purchase credit packages to connect with students. The platform has served 20,000+ students and maintains a base of 300-400 active teachers, with over 2,000 participating annually. ➡️INKI plans in the next year to double operations and to expand into new Central and Eastern European markets like Slovakia, Slovenia, and Croatia, and to enter a major Western European market. The startup allows businesses to rent IT equipment like laptops and phones, bundling services such as management, insurance, and security. In 2024, INKI.tech achieved a tripling of its business, reaching a portfolio across all EU countries. #growingtogether #startups #angelinvestors #techecosystem

We are back with our Tuesday #PitchDay habit, we will be discussing innovative solutions that  are addressing critical issues in software development, social well-being, and workplace productivity. We will see how: ➡to combat loneliness with AI companionship - Hyper-realistic AI companions simulate the experience of a long-distance relationship, offering emotional support and fostering meaningful connections. By providing on-demand, lifelike interactions, this solution enhances the well-being of individuals who face isolation, tackling the loneliness epidemic head-on. ➡to streamline software development estimates. A platform equipping companies with tools, training, and processes to improve project estimation accuracy, reducing overruns to below 10% and saving valuable resources. ➡to enhance productivity. A unified workspace that integrates notes, documents, and tasks, powered by an AI assistant, automating workflows across apps. This eliminates inefficiencies and allows workers to focus on meaningful tasks. #growingtogether #startups #angelinvestors

#TechWeekInReview shows focus on year reviews and on setting up strong plans for expansion and product enhancements. ➡QuickLegal a solution that automates the entire process of debt recovery, from payment notifications to legal proceedings if necessary, aims to expand its automated debt recovery solution, observing significant traction and interest from potential clients. The plan is to enhance the product and prepare for scaling to other markets. ➡Softlead, a platform that helps companies identify suitable software solutions based on their digitalization needs, providing budget estimates and connecting them with IT provider plans to continue growing in the Romanian market. The startup aims to acquire international clients for the Softlead Digital DNA platform, which audits companies' digital maturity and recommends appropriate software solutions. ➡Dekeneas has developed a platform that detects complex cyberattacks, focusing on identifying malicious code that exploits browser vulnerabilities. The startup intends to expand into the retail segment by developing mobile applications for Android and iOS platforms. The team is also working on additional features, such as rapid reputation checks for websites and phishing detection, to enhance the product offerings. ➡Naratix, a startup specializing in AI-powered robots designed to automate e-commerce operations, developed five AI robots to address challenges like product catalog optimization, return rate reduction, and increasing online order sizes by up to 30%. The platform integrates with major e-commerce platforms, such as VTEX, WooCommerce, Shopify, and Shopware, and has processed over 500,000 products in just nine months since its launch. The startup is operating in 30 countries across 4 continents, including the US, France, Germany, the Netherlands, and Hong Kong. For the next year the plans are to expand the presence in international markets while continuing to develop scalable AI solutions. ➡Rubik Hub s accelerator program, Rubik Garage, closed its 7th cohort with Apollo AI, a medtech start up offering to healthcare providers fast and easy access to large volumes of certified, correlated medical data. The team launched in 2022, Diabeta, a chatbot application for diabetologists, based on Romanian medical guidelines and protocols. Approved by Romania's National Agency for Medicines and Medical Devices, the app is now used by doctors in other specializations as well. ➡First edition of Romanian Startups Awards by ROTSA (Romanian Tech Startups Association) offered 14 special accolades to startup teams in agri, health, commerce, clean tech, fintech and more. Re-read or review the full list of this first edition winners. Their efforts and hard work deserve all our encouragement, support and recognition. 🎉🚀 #Growingtogether #startups #angelinvestors #techecosystem

We wish all of our Romanian #founders, #startup teams, peers, partners, #angelinvestors and their loved ones all the very best for the celebration of Romania’s National Day! #growingtogether, collaborating, working hard, using the talent and the experience gathered, the connections and the knowledge, we can support our tech ecosystem become what it can be – thriving, relevant with #10unicornsin10years born and raised in our region. #HappyNationalDay #dreambig #TechAngels  

The tech ecosystem is getting stronger every year ( this year were publicly announced by Romanian founded/cofounded startups 71 rounds of over 250 million euro) but its growth depends on open collaboration, connections and financing to support reaching global markets. To ensure these a predictable and solid democratic framework is a prerequisite. More about #TechAngels stance on this ⬇ #growingtogether #growsmart #smartgrowth #angelinvestors #startups  

In times of heightened uncertainty, such as during election cycles, it’s natural for startups to feel the ripple effects of potential shifts in economic landscapes. Here’s a playbook of timeless advice to help tech startups stay resilient and focused, no matter the external pressures: ➡Stay close with your angel investors. If have some angel investors on board, call them, talk to them. Share what are your concerns. They can guide you with their experience in how to mange uncertainty, help you keep the team motivated and maybe offer you some strategic insights. ➡Adapt quickly & embrace change. "In a world that’s changing really quickly, the only strategy that is guaranteed to fail is not taking risks." – Mark Zuckerberg.💡 Flexibility is your greatest asset. Whether it's adapting your business model or exploring new markets, embrace change as an opportunity to innovate and stay relevant. ➡Focus on customer needs & value "Your most unhappy customers are your greatest source of learning." – Bill Gates.💡 Double down on listening to your customers. Their needs might shift in uncertain times, and responding to them with empathy and tailored solutions will position you as a trusted partner. ➡Stay committed to your vision - "About half of what separates successful entrepreneurs from the non-successful ones is pure perseverance." – Steve Jobs.💡 Even when external events create challenges, your long-term vision should act as your guiding star. Short-term challenges don’t define your future; resilience does. ➡Safeguard financial stability💡 Prioritize smart cash flow management. Tighten spending, diversify revenue streams, and secure contingency plans. Stability is key when external factors become unpredictable. ➡Anchor your team in purpose💡 Uncertainty can create anxiety, so make sure your team feels supported and aligned with your mission. Regular communication, celebration of wins, and opportunities for collaboration can keep morale high. ✨ While external forces might feel beyond your control, your startup’s adaptability, customer-centricity, and resilience can empower you to thrive, even in turbulent times. Focus on building solutions that transcend momentary shifts and prepare for long-term success. 🌐🚀 #growingtogether #angelinvestors #startups #resilience #leadership #customerFocus #techinnovation

What a splendid late afternoon we had at ROTSA (Romanian Tech Startups Association) Startup Awards, seeing the winners, talking about collaboration within the ecosystem and reviewing the stories of hard work over the year. Congrats to the winners Veridion (two categories winners, bravo!) Creatopy, Unfrosen, Fagura, Bloomcoding, bonapp.eco, LENDOX, @SOLO Fintech, @YOUNI, Rayscape Arcanna.ai Ultragreens FigVision Spark Generation RENERGIA teams, each leading in their respective categories, excellent work and happy to see your efforts recognized. #proudpartners #growingtogether #startups #angelinvestors

#TechWeekIReview points to almost 3 million dollars financing rounds opened and a steady focus on international development. ➡BeeFast, a startup specializing in fast delivery services, has recently secured $450,000 in funding. This investment will support BeeFast's plans for international expansion, enabling the company to develop its infrastructure and improve its services to compete in external markets. BeeFast focuses on fast delivery services, emphasizing efficiency and promptness. ➡Fagura, a fintech platform connecting entrepreneurs and investors has secured €1 million in funding through convertible notes. This round was led by investment funds alongside angel investors. The capital will support Fagura's expansion in Central and Eastern Europe and the development of innovative digital financial services tailored for freelancers and small entrepreneurs. Planned initiatives include integrating artificial intelligence for credit scoring, launching banking accounts and cards for entrepreneurs, implementing gamification through tokenized rewards, and collaborating with e-commerce platforms and accounting firms to enhance their service ecosystem. ➡Swisspod Technologies closed a €1.6 million Series A funding round (out of which €200,000 through SeedBlink. ) The startup is dedicated to making hyperloop transportation a reality, aiming to enable ground-level travel at speeds comparable to flying. Founded in 2019 and based in Switzerland, Swisspod operates in the logistics technology (LogTech) sector, focusing on business-to-business (B2B) solutions. This round was structured via a Special Purpose Vehicle (SPV) and was led by angel investors. #growingtogether #startups #angelinvestors