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Bucharest-based Underline Ventures closes debut fund at USD 20 mln to support early-stage startups

November 20, 2023

Bucharest-based Underline Ventures, the first solo general partner venture fund in Eastern Europe, announced recently that it has finalized the closing of its first fund at USD 20 million. The fund wants to invest in 20+ early-stage Eastern European startups, offering an average investment ticket of USD 500,000. 

Romanian investor Bogdan Iordache, best known as the founder of the How to Web conference,

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Cambridge School of Bucharest shortlisted for international Tes Award recognising student-led mental health innovation

Cambridge School of Bucharest (CSB) has been shortlisted for the Student Mental Health Initiative of the Year category in the Tes Awards for International Schools 2025, becoming the only school in Romania to appear on this year’s shortlist. The nomination recognises CSB’s pioneering, student-led approach to promoting well-being across the Secondary School and reflects the […]

Romanian Film Festival UK kicks off in London this week

The Romanian Film Festival UK (RFF25UK) begins this week with a program showcasing a selection of new and archive Romanian feature films, documentaries, and shorts. The festival will open with the UK premiere of Traffic, Romania's 2026 Academy Awards entry. The film is directed by Teodora Ana Mihai from a screenplay by Palme d'Or–winning filmmaker […]

Romania has 1,500 state-owned companies, govt. plans unified registry as part of reform

The government is preparing a major overhaul of state-owned companies, deputy prime minister Oana Gheorghiu announced on Monday, November 24, unveiling plans for a unified registry and initial reforms targeting 10 key enterprises. According to her, Romania currently has 1,502 state-owned companies, including 230 at central level and 1,272 under local authorities. Among central entities, […]

Two Romanians detained in Germany after running after plane at Cologne airport

Two Romanians reportedly forced open an emergency exit and ran after the plane that was preparing to take off for Bucharest from Cologne, southwestern Germany, on Friday, November 21.  The two, aged 28 and 47, were late for boarding, at which point they broke an emergency window and activated a button to open a secured […]

NOËL designer gift fair returns to Bucharest for 16th edition in December

NOËL, the longest-running designer gift fair in Romania, will hold its 16th edition on December 13–14 at Unirea Shopping Center in Bucharest. The event will feature more than 100 designers presenting handmade and curated gifts, including unique pieces, capsule collections, and seasonal items. The fair will host creators from Romania as well as artists from […]

Bucharest’s National Day parade to feature Romanian and allied troops, military equipment

Romania will celebrate its National Day on December 1 with a large military parade in Bucharest featuring Romanian and allied troops. The event will also showcase an extensive display of military equipment and aircraft at the Arch of Triumph. More than 2,900 servicemembers and specialists from the Ministry of National Defense, Interior Ministry, Romanian Intelligence […]