# Key figures: angel investment in Romania | TechAngels

> Citable figures on TechAngels member investment activity since 2020, each with its period, population, definition and source announcement.

Source: https://techangels.ro/data-and-reports/key-figures/

# Key figures

Figures on TechAngels member investment activity, archived by year. Every figure carries its period, the population it measures, a definition and a link to the announcement it comes from, so it can be quoted without changing its meaning.

## 2025 (current)

~€1.6 million

Direct investments reported by TechAngels members in 2025 (about €923k in H1 and €687k in H2), weighted toward follow-on rounds. Direct-only methodology, as from 2024.

Period: 2025 · Population: TechAngels members (self-reported) · Updated 4 February 2026 · [Source](/news/techangels-investments-in-2025-with-selective-investments-and-capital-directed-towards-growth/)

300+ startups analyzed, 81 pitched

Startups analyzed by TechAngels screening during 2025 and the number selected to pitch in member meetings.

Period: 2025 · Population: TechAngels members (self-reported) · Updated 4 February 2026 · [Source](/news/techangels-investments-in-2025-with-selective-investments-and-capital-directed-towards-growth/)

## 2024

€3.777 million

Direct investments reported by TechAngels members in 2024. From 2024 the figures cover direct investments only (excluding fund and platform vehicles) and are not comparable with the 2020-2023 series.

Period: 2024 · Population: TechAngels members (self-reported) · Updated 22 January 2025 · [Source](/news/techangels-stepped-up-investments-in-2024/)

## 2023

€2.928 million

Total investments reported by TechAngels members in 2023; second-half deployment rose 73% against the first half.

Period: 2023 · Population: TechAngels members (self-reported) · Updated 31 January 2024 · [Source](/news/investments-of-techangels-members-rose-73-in-h2-2023-up-to-an-annual-aggregate-of-eur-3-million/)

~€40 million

Cumulative investments by TechAngels members in the first ten years of the association, which grew from 18 founding members to 132.

Period: 2013-2023 · Population: TechAngels members (self-reported) · Updated 20 June 2023 · [Source](/news/techangels-celebrates-10-years-of-angel-investment-in-romania/)

## 2022

€5.679 million

Total investments reported by TechAngels members in 2022, split roughly 50% initial funding rounds and 50% follow-on rounds.

Period: 2022 · Population: TechAngels members (self-reported) · Updated 14 February 2023 · [Source](/news/techangels-members-invested-eur-5-679-million-in-2022-50-in-initial-funding-rounds-and-50-in-follow-on-rounds/)

## 2021

€5.8 million

Aggregate investments reported by TechAngels members in the first three quarters of 2021.

Period: January-September 2021 · Population: TechAngels members (self-reported) · Updated 26 October 2021 · [Source](/news/press-release-techangels-q3-financial-results/)

112 members

Number of TechAngels member investors as of the Q3 2021 report.

Period: Q3 2021 · Population: TechAngels members (self-reported) · Updated 26 October 2021 · [Source](/news/press-release-techangels-q3-financial-results/)

## 2020

~€4 million

Total investments reported by TechAngels members during 2020, about a third less than in 2019.

Period: 2020 · Population: TechAngels members (self-reported) · Updated 25 February 2021 · [Source](/news/members-of-techangels-romania-reached-a-total-portfolio-of-175-startups-in-2020/)

175 startups

Total aggregate portfolio of TechAngels members at the end of 2020 (companies may appear in several member portfolios).

Period: end of 2020 · Population: TechAngels members (self-reported) · Updated 25 February 2021 · [Source](/news/members-of-techangels-romania-reached-a-total-portfolio-of-175-startups-in-2020/)

Citing these figures? Attribute them as "Source: TechAngels" with the period stated. For context, see [the impact of angel investment in Romania](/about/impact/)and the [Funding Radar](/data-and-reports/funding-radar/).
