The Romanian tech companies are bustling with advancements across various sectors, including healthcare, fintech, industrial automation, e-learning, and food & beverages. This vibrant ecosystem, supported by key investors such as Black Sea ClimAccelerator, and Early Game Ventures, offers strong financial backing at critical stages of growth. Startups benefit from collaboration and access to advanced technologies, while corporations explore new business models and enhance their tech capabilities. This environment fosters sustainable growth and innovation, presenting valuable opportunities for both new and established players. This selection offers valuable insights for corporates, innovation teams, and VCs engaging with the latest technologies and innovative solutions.
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10 Top Romanian Startups
- DataGrab – Automated Web Page Data Extraction
- Octodoc – Interactive Telehealth System
- SiloApp– Silo Plants Designing
- BENOLI TECH – IoT0based Business Monitoring
- Extracta.ai – AI-driven Data Extraction
- dotLumen – Pedestrian Semantic Segmentation
- Ride Colibri – Folding Electric Motorcycle
- SVELTE – Industrial Scale 3D Molds
- iflows – Workflow Management Software
- GoChargeTech – EV Chargers Decentralised Network
Selection Process for the 10 Startups
The data in this report comes from StartUs Insights’ Discovery Platform, covering 4.7 million startups, scaleups, and tech companies globally. We applied filters such as location, founding year, technology readiness, and employee count, narrowing the results down to 600+ emerging companies located in Romania. From these companies, we selected 10 standout startups using funding information and a proprietary popularity metric called Signal Strength. Signal Strength measures the extent of a company’s influence within the global innovation ecosystem. Let’s dive in!
1. DataGrab
- Founding Year: 2020
- Industry: Cross-Industry
- Technology: Automated Web Page Data Extraction
DataGrab provides a tool that simplifies data gathering from web pages without the need for any coding. Its chrome extension allows setting up scrapers easily by clicking and selecting elements. This tool is beneficial for extracting prices, product details, or contact info from the website. It provides features like extracting high-quality leads, price monitoring to adjust prices, real estate investment planning, and data aggregation from multiple data sets. DataGrab offers infinite scrolling and ‘load more’ buttons to handle dynamic sites. It allows storing collected data in formats like CSV or JSON, or even pushing directly to Google Sheets. This user-friendly tool provides a quick set up making it beneficial for both beginners and more experienced users.
2. Octodoc
- Founding Year: 2021
- Industry: Healthcare
- Technology: Interactive Telehealth System
Octodoc makes healthcare more accessible with its hybrid telemedicine platform. This platform is a blend of traditional medical consultations and digital healthcare. The firm’s hardware and software work together to provide uninterrupted medical interactions. The Octodoc device includes an interactive screen, health card reader, vital signs sensors, and UV sterilization. It comes along with audio-video technology to enable remote consultations that feel personal and hands-on. The device contains a cloud-based infrastructure that manages data which benefits physicians with complete patient history access, conducting pre-consultation diagnostics, and providing prescriptions digitally. This device saves time for patients by providing routine tests close to home. It also provides virtually assisted telemedicine to people with locomotor, visual, or communication impairments.
3. SiloApp
- Founding Year: 2020
- Industry: Agriculture
- Technology: Silo Plants Designing
SiloApp is a platform that simplifies the design and quotation process for silo plants for the grain handling and storage industry. The platform allows for rapid prototyping and designing of silo plants by embedding the most common industry standards in the app’s algorithms. This enables design automation and on-the-spot generation of layout, flow diagram, BoQ (bill of quantities), and quotation. SiloApp benefits farmers, equipment producers, and dealers by sending or receiving inquiries and finalizing customized project quotations directly through the marketplace. The platform also supports real-time updates, allowing users to adjust project specifics as needed, whether designing a complete plant or inquiring about single equipment.
4. BENOLI TECH
- Founding Year: 2020
- Industry: Cross-Industry
- Technology: IoT-based Business Monitoring
BENOLI TECH offers an IoT product SensoBlock to support multiple business applications with a single modular device. SensoBlock integrates various sensors within one compact box, providing an eco-friendly product that is capable of updating as technology advances. It enables a reduction in electronic waste by allowing only specific parts to be replaced. It is battery powered with the battery lasting up to 1 year. The firm also provides a user-friendly app to enable real-time monitoring, notifications, and actions for uninterrupted business management. The device is easy to install and adapt which makes it ideal for diverse industries such as automotive, agriculture, and railway.
5. Extracta.ai
- Founding Year: 2023
- Industry: Cross-Industry
- Technology: AI-driven Data Extraction
Extracta.ai enables automated data extraction from any type of document or image, including invoices, resumes, contracts, and receipts with its AI-powered platform. It extracts data using a three-step process – defining the fields to extract, uploading documents, and AI extracting the data from the provided details. This offers users structured data without any training or technical setup. This platform ensures that the data is secure with fully encrypted communications and is never used for training purposes. It is flexible and customizable, supporting a wide variety of formats. This platform is a beneficial solution for businesses to reduce manual data entry errors, improve document handling efficiency, and integrate the tool into existing systems through an easy-to-use API.
6. dotLumen
- Founding Year: 2020
- Industry: Healthcare & Wellness
- Technology: Pedestrian Semantic Segmentation
dotLumen offers .lumen Glasses for visually impaired individuals. These glasses use AI technology to help visually impaired individuals navigate the world. The main technologies used in these glasses are pedestrian semantic segmentation, 3D mapping, and precise path planning. These technologies are comparable to the technology in autonomous vehicles but in a compact, head-mounted device. The device provides users with real-time feedback, guiding them through safe paths, avoiding obstacles, and offering spatial awareness through magnetic navigation and a haptic interface. The glasses work like guide dogs and also feature continuous software updates enabling the device to expand its capabilities over time.
7. Ride Colibri
- Founding Year: 2021
- Industry: Mobility
- Technology: Folding Electric Motorcycle
Ride Colibri offers Colibri M22, an electric motorbike for urban commuters seeking cost-effective and eco-friendly alternatives to traditional transport. The bike has a 200 km range with its modular battery system that allows for one to three batteries, enabling riders to customize the range according to their needs. Its 4 kW motor provides better acceleration making it suitable for both on-road and off-road usage. Its foldable design allows for easy storage in compact spaces like apartments or offices. This design ensures that urban riders can conveniently store their motorbike when not in use. Colibri M22 also advances urban mobility with minimal charging needs.
8. SVELTE
- Founding Year: 2019
- Industry: Construction
- Technology: Industrial Scale 3D Molds
SVELTE offers a technology that automates the process of making intricate foam forms for architectural design and building. This technology is based on a single-pass cutting method that allows architects and builders to form double curves for concrete structures, facades, and panels in less time and cost compared to the cutting method. This technology is faster than CNC milling allowing for almost no wastage of material used in flat surface constructions. It achieves material savings without compromising the structural stability of the lightweight shell. This technology also cuts down on CO2 emissions due to less use of concrete. This makes it a viable option for use in industries struggling with high carbon outflows and material inclination owing to the low availability of their raw materials.
9. iflows
- Founding Year: 2020
- Industry: Cross-industry
- Technology: Workflow Management Software
iflows provides business management software catering to small and medium-sized enterprises by combining ERP (enterprise resource planning), CRM (customer relationship management), and project management tools in a single platform. This platform allows the consolidation of core activities such as sales, inventory, human resources, finance, and project processes. It automates mundane tasks, optimizes processes, and delivers visibility in real-time. Its user-friendly interface enhances monitoring by allowing users to place orders, control stock, issue quotations, manage teams, generate reports, and analyze financial data with ease. iflows cuts down the amount of time taken and work done on manual processes by providing custom workflows and notifications when needed. Additionally, it enables fast quoting and smart invoicing along with marketing activities which help in making informed decisions and improving the operations.
10. GoChargeTech
- Founding Year: 2022
- Industry: Mobility
- Technology: EV Chargers Decentralised Network
GoChargeTech offers a platform that builds a network of electric vehicle (EV) charging facilities and power bank-sharing outlets utilizing blockchain technology. It is made for both residential and commercial use. The GoChargeTech platform allows users to charge EVs and rent portable power banks using a user-friendly app that supports cryptocurrency payments, reducing transaction fees. It is based on the sharing economy model, allowing users to make money and passively earn income by lending out their EV chargers.
Explore the Romanian Startup Ecosystem
There are 610 companies in Romania’s startup ecosystem. The ecosystem is characterized by diversity across industries with an average of 10 employees per company. It represents a strong presence in industries like healthcare, fintech, industrial automation, e-learning, and food & beverages. This ecosystem benefits from a network of reputable investors, including Black Sea ClimAccelerator, Early Game Ventures, Fortech Investments, SeedBlink, and Cleverage VC.
This fosters a supportive environment for early growth. Seed, Accelerator / Incubator, Early-stage VC / Series A, Pre Seed, and Angel are also the most common types of funding. This creates a strong foundation for startups to scale. This ecosystem provides opportunities for both startups and enterprises to collaborate, innovate, and drive sector-specific advancements in a rapidly growing market.
In conclusion, the Romanian startup ecosystem offers diverse opportunities across key industries, supported by a strong investor network and growth-focused funding options. For businesses seeking partnerships or insights, request a tailored sample database of startups and scaleups to discover innovation aligned with your unique business needs.