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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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One last star to shine: Corinthia Bucharest prepares the final act of its Michelin Dinner Series

Some dinners are eaten. Others are remembered. At Corinthia Grand Hotel du Boulevard, the past few months have unfolded like a quiet culinary opera. One by one, Europe’s most celebrated chefs arrived, took over the kitchen of Boulevard 73 and left behind more than menus; they left stories. Now, on December 4, the curtain falls. […]

HORIZON CITY - The New Residential Anchor of Northern Bucharest

HORIZON CITY, a €130 million residential project, is emerging as one of the most solid and forward-thinking developments in the Pipera area—both through its scale and through the modern direction it sets for the new residential standards in the north. Developed across nearly 23,000 sqm, with 699 apartments and 926 parking spaces, the project brings […]

Romania’s forestry authority Romsilva puts 16,000 Christmas trees up for sale

Romania’s National Forest Administration, or Romsilva, announced that it is putting over 16,000 Christmas trees up for sale over the winter in a press release published on Thursday, November 27. The trees can be purchased directly from the offices of the forestry districts. Prices range between RON 17 (EUR 3.3) for a spruce...

New 14 km segment of Romania’s A7 Moldova highway inaugurated

Lot 3 Pietroasele–Buzău of Romania's A7 highway, also known as the Moldova highway, was inaugurated on Thursday, November 27. The newly inaugurated segment is 13.9 km long. The A7 connects Romania’s historic regions of Muntenia, the southern part of the country, with Moldova, the eastern part. “We are opening another 13 km of the Moldova Motorway […]

Romania’s Sinaia inaugurates alpine coaster for year-round mountain fun

The City Hall of Sinaia, a popular mountain town roughly 120 km north of Bucharest, announced that a new attraction, the alpine coaster on Pârtia Nouă, will officially open on December 1. The installation, located in the ski area near the Sinaia Gondola, features what the authorities say is the longest track of its kind […]

Romania scores first win in group stage of Women’s Handball World Championship

The Romanian national team debuted with a victory in Group A of the Women’s Handball World Championship, organized in the Netherlands and Germany. Romania won 33–24 (13–12) against Croatia in the Ahoy Arena in Rotterdam on Thursday, November 27. The Romanian team dominated the match in the second half, left backer Sorina-Maria Grozav scoring 7 […]