Romania

Hyundai’s 42dot invests 1 million euros in Romanian automotive software startup OxidOS Automotive

by

OxidOS Automotive, a Cluj-based Romanian startup that develops software development tools and operating systems for the automotive sector, raised 1 million euros from Hyundai’s 42dot unit. The company creates platforms that enable automotive manufacturers and integrators to implement software safely and securely faster by reducing development, debugging, and certification time. This investment follows a 1.2 million euro seed round led by Early Game Ventures in 2022.

Bolt Users in Romania Increasingly Taking 400+ km Intercity Rides on Ride-Sharing Platform

by

Bolt announced that Romanian users are increasingly using its ride-sharing platform for long-distance intercity trips of over 400 km. The company clarified the legal framework allowing alternative transport operators to conduct both permanent services within their home locality and occasional services to other locations. Notable long-distance rides include a 469 km journey from Timișoara to Miercurea Ciuc.

Compari.ro Crowns GymBeam as Winner of Romania’s First Store of the Year Competition

by

Compari.ro, Romania’s leading price comparison platform and part of Heureka Group, announced the winners of the first local edition of the ‘Store of the Year 2025’ competition. GymBeam won the grand prize. The company is transitioning toward a full e-commerce marketplace to unify Romania’s fragmented retail landscape and provide local merchants with a platform to reach wider audiences.

Romanian Aerospace Startup BraveX Aero Partners with Romaero to Scale UAV Production for European Defense Market

by

BraveX Aero, a Romanian private aerospace company specializing in advanced unmanned aerial systems with fixed wings and jet propulsion, signed a Memorandum of Understanding with Romaero, a historic Romanian aerospace company, to collaborate on developing and scaling unmanned aerial systems for the European defense and security market. The partnership combines BraveX Aero’s technological agility and innovation in autonomous systems with Romaero’s industrial experience and aerospace production infrastructure. BraveX Aero is also pursuing a seed funding round by the end of 2026 and has secured a new order from a major European defense industry player for Romania’s first jet-powered drone capable of speeds up to 500 km/h.