TechAngels initiates ESIL Moldova to build angel investment capacity
TechAngels · 20 July 2026
Bucharest / Chișinău / Brussels, 21 July 2026 – TechAngels Romania, Business Angels Europe, META Group and Moldovan Technology Transfer Network (MTTN) have jointly launched ESIL Moldova, a two-year program designed to build business angel investment capacity in Moldova.
ESIL Moldova addresses an important challenge for the country’s growing startup ecosystem. While Moldova continues to produce highly skilled graduates, technology professionals and promising startups, access to early-stage investment remains limited.
The program will provide aspiring and existing business angels with training, mentoring, peer-to-peer learning, pitching opportunities and access to experienced investor communities across Europe. Activities will take place both in Chișinău and online and will cover startup evaluation, deal flow, syndication and cross-border investing.
As part of the consortium, TechAngels will contribute practical experience accumulated through its work with early-stage technology companies and its community of more than 130 entrepreneurs, investors and senior executives. Its involvement will also support stronger connections between investors in Moldova, Romania and the wider European ecosystem, creating opportunities for knowledge exchange, collaboration and future co-investments.
“Moldova has talented entrepreneurs with strong innovation potential, but successful startup ecosystems also need investors willing to share their experience, mentor founders and take informed risks. ESIL Moldova aims to help build a more active, connected and internationally engaged investment community,” said Charles Mathiaux, Deputy Project Director of EU4Innovation East.
“Angel investing is best understood through practical experience, real investment decisions and interaction with experienced peers. We want to help investors in Moldova build the confidence, discipline and networks needed to support promising founders over the long term,” said Cosmin Curticăpean, TechAngels Vice President and coordinator on behalf of TechAngels of the ESIL Moldova program.
Business angels can help bridge the early-stage financing gap by providing not only capital, but also business experience, sector knowledge, strategic guidance and access to relevant networks. By strengthening local investment capacity and encouraging cross-border relationships, ESIL Moldova aims to give more startups the support they need to grow and scale.
“A stronger regional angel investment ecosystem benefits both investors and founders. Through ESIL Moldova, TechAngels is contributing its experience to the development of more connected early-stage investment communities across the region,” said Ana-Maria Andronic, President of TechAngels Romania.
ESIL Moldova builds on the experience of the Early Stage Investing Launchpad, which has worked since 2017 to strengthen business angel ecosystems across Europe, particularly in countries where organized early-stage investment remains underdeveloped.
The project is implemented by META Group, Business Angels Europe (BAE), TechAngels Romania and the Moldovan Technology Transfer Network (MTTN). It is funded by the European Union and co-funded by the French Government through Expertise France as part of the EU4Innovation East program.
Learn more
Individuals interested in business angel investing, startup growth and innovation in Moldova can learn more and subscribe to receive updates on upcoming activities and opportunities at https://europeanesil.eu/moldova.
About ESIL Moldova ESIL Moldova is a two-year project implemented by META Group, Business Angels Europe (BAE), TechAngels Romania and the Moldovan Technology Transfer Network (MTTN). It is funded by the European Union and co-funded by the French Government through Expertise France as part of the EU4Innovation East programme.
About TechAngels Romania TechAngels is Romania’s first and most experienced business angel network, bringing together more than 130 entrepreneurs, investors and senior executives. Its members invest in and support early-stage technology companies with capital, operational experience, sector expertise, mentorship and access to business networks. In the past 13 years, the group contributed with over 47 million euro to the development of local tech startups and has more than 270 startups in its aggregated portfolio.
Website: https://europeanesil.eu/moldova
LinkedIn: https://linkedin.com/company/european-esil
This publication was funded by the European Union, co-funded by the French Government with support from Expertise France within the EU4Innovation East project. Its contents are the sole responsibility of ESIL Moldova and do not necessarily reflect the views of the European Union, the French Government or Expertise France.
For the full picture behind these figures, see the key figures and the impact of angel investment in Romania.