Extra Crunch is now live in Romania. That is in addition to our existing brace in Europe in Austria, Belgium, France, Germany, Italy, the Netherlands, Poland, Spain, and U.K..
There’s been reason to be optimistic on Romania’s technology sector for some time. A TechCrunch op-ed called the country the “Silicon Valley of Transylvania” in 2016 , noting that the number of startups in the country had grown by 20% from 250 to 300 in a year.
The country’s rich pond of make endowment( bullish notations on that matter here) has also led to rising investor interest. Crunchbase data, for example, said that known venture round weighs was increased by 26% in its own country in 2019, compared to 2018. And from a 2015 -era trough, the country’s GDP has risen aggressively, along with its GDP per-capita.
It’s no amaze, then, that Romania has been one of the most sought countries for Extra Crunch support in recent months. We’re happy to add the country to the list.
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Thanks to all that voted on where to expand next. If you haven’t voted and you want to see Extra Crunch in your local country, cause us know here.
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