TechAngels, the community of private investors in Romania dedicated to supporting technology startups, reaffirms its confidence in Romania's extraordinary potential as a conducive environment for innovation and entrepreneurship, but emphasises that this potential fundamentally depends on preserving and consolidating democratic values, on the trust of investors."We remain optimistic and confident that Romania is an extraordinary country in which to start a startup, including in the technology field. However, all the efforts and achievements of recent years can be wiped out if Romania does not remain a democratic state, where individual freedoms and rights are defended," said Marius Istrate, president of TechAngels, quoted in a press release sent on Thursday.The analysis, based on public sources, shows that 71 financing rounds of over 251 million US dollars were opened this year. "This dynamic clearly proves the enormous potential of entrepreneurs in Romania, but economic stability and long-term investments are inseparable from a solid and predictable democratic framework," added Marius Istrate.TechAngels believes that the civic involvement proved by the high voter turnout is the expression of a positive trend and calls for at least as active participation in the next elections. "Strengthening democracy and the rule of law depends on each of us," the press release states.In this context, TechAngels believes that it is important for all democratic political forces to take a firm stand against any anti-democratic, anti-Euro-Atlantic, neo-legionary or anti-Semitic slippages. "In Romania, there should be no doubt that we support freedom, genuine democracy and respect for life and human dignity," concludes Marius Istrate.TechAngels is an open group of private investors, with over 130 members, interested in supporting the development of technology startups in Romania and the region.
Romanian-born film star Sebastian Stan is set to join director Radu Jude in a new project. The movie will reportedly be titled "Frankenstein in Romania," according to The Hollywood Reporter. Jude’s latest film, "Dracula," premiered at the Locarno Film Festival on Sunday, August 10, and tackles the much-depicted figure in another light. He is also […]
More than 470,000 people attended the 10th edition of Untold in Cluj-Napoca, central Romania, held over four days and featuring performances by international and Romanian artists. Organizers said this edition marked the end of the festival’s first decade and announced the launch of Untold One, set for 2026. The final night on August 10 drew […]
Standing at the foot of the world’s highest mountain is a dream for trekkers worldwide. But planning the journey isn’t just about fitness or gear—it’s also about budgeting wisely. The Everest Base Camp trek cost can vary greatly, and without clear guidance, travelers often face unexpected expenses that disrupt their plans. Whether you’re a budget […]
Romanians and citizens from 11 other countries can benefit from visa-free tourist visits of up to 45 days in Vietnam starting August 15, 2025. The new program is valid until August 14, 2028, according to Agerpres. Passport holders from Belgium, Bulgaria, the Czech Republic, Croatia, Switzerland, Luxembourg, the Netherlands,...
The Romanian Football Federation (FRF) has unveiled a special tricolor kit designed for dogs, allowing pet owners to cheer for the national team alongside their four-legged friends during this autumn’s matches. Inspired by the team’s traditional colors, the new bright yellow model is made specifically for canine supporters who want to match the rest of […]
Romanian venture capital fund Early Game Ventures has announced a seed investment of EUR 1 million in Orbital Matter, a promising space-tech startup specializing in advanced construction technology for use in space. With the new investment, the startup aims to reach TRL 8, the “flight-qualified” certification, during its next product launch into space. Orbital Matter […]
