INVESTOR / DATA TO 30 SEPTEMBER 2026
Underline Ventures
4 venture rounds in the first 9 months of 2026, at 4 companies in 3 countries.
Underline Ventures is an investor headquartered in Romania.
The scope is Central and Eastern Europe: every venture round since January 2024 at startups from the ten CEE countries our funding reports cover, in which public sources name Underline Ventures as an investor. Rounds we have seen outside CEE are listed separately, under the table. It is built from the same record as our quarterly funding reports, and updated with them.
At a glance
SHOW DATA
| Row | Pre-seed | Seed | Series A | Growth | Total |
|---|---|---|---|---|---|
| 2024 | 2 | 1 | 0 | 0 | 3 |
| 2025 | 0 | 1 | 1 | 0 | 2 |
| 9M 2026 | 0 | 3 | 1 | 0 | 4 |
9M 2026 runs to 30 September 2026.
| Investor | Rounds together |
|---|---|
| GapMinder Venture Partners | 4 |
| Day One Capital | 2 |
| LAUNCHub Ventures | 2 |
Investors in two or more of the same rounds.
Countries and sectors
A company counts where it is headquartered, or where it started if it later moved abroad.
SHOW DATA
| Row | 2024 | 2025 | 9M 2026 |
|---|---|---|---|
| AI | 2 | 1 | 2 |
| Enterprise software | 2 | 0 | 3 |
| Hardware and robotics | 0 | 1 | 1 |
| Marketing and media | 1 | 0 | 0 |
| Education | 0 | 1 | 0 |
| Other | 1 | 0 | 0 |
A company can sit in several sectors, so sector counts overlap. Other: no sector on record.
Every round on record
Newest first. Underline Ventures led 2 of them. Each company links to the announcement of the round.
| Company | Country | Month | Stage | Round size | Led | Co-investors |
|---|---|---|---|---|---|---|
| Plora.ai | Hungary | Sep 2026 | Seed | €1.2m | Yes | Day One Capital, Tiny Supercomputer Investment Company |
| Veridion | Romania | Sep 2026 | Series A | €18m | Hoxton Ventures, LAUNCHub Ventures, Day One Capital, OTB Ventures, GapMinder Venture Partners | |
| Embedd | Ukraine | Aug 2026 | Seed | €2.3m | Seedcamp, Roosh Ventures, Vesna Capital, u.ventures, Cocoa, Connect Ventures, 2100 Ventures, Common Magic | |
| DesignVerse | Romania | May 2026 | Seed | €5.0m | GapMinder Venture Partners, Begin Capital | |
| Bible Chat | Romania | Feb 2025 | Series A | €14m | True Ventures, Play Ventures, Early Game Ventures, Silicon Gardens | |
| UVIONIX | Bulgaria | Feb 2025 | Seed | €3.2m | LAUNCHub Ventures, PortfoLion, Robin Capital, angels | |
| DesignVerse | Romania | Dec 2024 | Pre-seed | €0.8m | Startup Wise Guys, GapMinder Venture Partners, V7 Capital | |
| MixRift | Romania | Aug 2024 | Pre-seed | €1.4m | Yes | Outsized Ventures, SOSV, angel investors |
| Genezio | Romania | Apr 2024 | Seed | €1.8m | GapMinder Venture Partners |
OUTSIDE CEE: 1 ROUND
| Company | Country | Month | Stage | Round size | Led | Co-investors |
|---|---|---|---|---|---|---|
| Cluing | Serbia | Apr 2024 | Pre-seed | €0.8m | Startup Wise Guys, Credo Ventures, Fiedler Capital, Smok Ventures, Fortech Investments |
Exits
Companies Underline Ventures backed that were sold or listed, or where a new investor bought out the earlier ones. Each links to its announcement.
No exits on record.
How this list is made
- A round is listed when a company, investor or press announcement, or a startup database, names Underline Ventures among its investors. Each listed round links to its announcement where one is on record.
- Amounts are the size of the whole round, not the part Underline Ventures invested. Amounts are in euros, converted at about 1.10 US dollars to the euro.
- Stages follow the funding reports: the label the company announced, placed by size where the label clearly does not fit.
- Rounds that were never announced, or that do not name their investors, are not here, so the list is a floor.
The whole market: CEE startup funding report. Next update: January 2027.
Raising pre-seed or seed in CEE
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