HOME›REPORTS›INVESTORS›UNDERLINE VENTURESQ3 2026 UPDATE

INVESTOR / DATA TO 30 SEPTEMBER 2026

Underline Ventures

5 venture rounds in the first 9 months of 2026, at 5 companies in 3 countries.

Underline Ventures is an investor headquartered in Romania.

Every venture round since January 2024 in which public sources name Underline Ventures as an investor, in every country our funding reports cover, and the rounds we have seen elsewhere. It is built from the same record as our quarterly funding reports, and updated with them.

At a glance

7
Rounds in 2024
2 led
2
Rounds in 2025
0 led
5
Rounds in 9M 2026
1 led
Rounds by stage and year
SHOW DATA
Rounds by stage and year
RowPre-seedSeedSeries AGrowthTotal
202425007
202501102
9M 202612205

9M 2026 runs to 30 September 2026.

Most frequent co-investors
Most frequent co-investors
InvestorRounds together
GapMinder Venture Partners4
Robin Capital3
Day One Capital2
Fortech Investments2
LAUNCHub Ventures2
Startup Wise Guys2
V7 Capital2
Xenia Muntean2

Investors in two or more of the same rounds.

Countries and sectors

Rounds by company country, 2024 to 9M 2026

A company counts where it is headquartered, or where it started if it later moved abroad.

Rounds by country
Rounds by company country
CountryRoundsShare
Romania750%
Bulgaria17%
Croatia17%
Hungary17%
Serbia17%
Slovenia17%
Ukraine17%
Outside Europe17%
Rounds by sector and year
SHOW DATA
Rounds by sector and year
Row202420259M 2026
AI313
Enterprise software403
Hardware and robotics011
Marketing and media100
Education010
Other300

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 3 of them. Each company links to the announcement of the round.

Venture rounds naming Underline Ventures since 2024
CompanyCountryMonthStageRound sizeLedCo-investors
Plora.aiHungarySep 2026Pre-seed€1.2mYesDay One Capital, Tiny Supercomputer Investment Company
VeridionRomaniaSep 2026Series A€18mHoxton Ventures, LAUNCHub Ventures, Day One Capital, OTB Ventures, GapMinder Venture Partners
EmbeddUkraineAug 2026Seed€2.3mSeedcamp, Roosh Ventures, Vesna Capital, u.ventures, Cocoa, Connect Ventures, 2100 Ventures, Common Magic
AlmetraRomaniaJun 2026Series A€16mblisce/, NAP, Merantix Capital, Robin Capital, Critical Ventures
DesignVerseRomaniaMay 2026Seed€5.0mGapMinder Venture Partners, Begin Capital
Bible ChatRomaniaFeb 2025Series A€14mTrue Ventures, Play Ventures, Early Game Ventures, Silicon Gardens
UVIONIXBulgariaFeb 2025Seed€3.2mLAUNCHub Ventures, PortfoLion, Robin Capital, angels
DesignVerseRomaniaDec 2024Pre-seed€0.8mStartup Wise Guys, GapMinder Venture Partners, V7 Capital
TurneoCroatiaSep 2024Seed€2.0mBessemer Venture Partners
MixRiftRomaniaAug 2024Pre-seed€1.4mYesOutsized Ventures, SOSV, angel investors
SaleSquezeSloveniaJun 2024Seed€1.4mYesFortech Investments, Robin Capital, Super Angels, Klub 20, Xenia Muntean, Christoph Zoeller, Bjoern W. Schaefer
CluingSerbiaApr 2024Seed€1.1mStartup Wise Guys, Credo Ventures, Fiedler Capital, Smok Ventures, Fortech Investments, Xenia Muntean, How to Web, V7 Capital
GenezioRomaniaApr 2024Seed€1.8mGapMinder Venture Partners
OUTSIDE EUROPE: 1 ROUND
Venture rounds naming Underline Ventures since 2024 outside Europe
CompanyCountryMonthStageRound sizeLedCo-investors
Charter SpaceUnited StatesJun 2024Seed€2.7m-

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.

Countries our record covers: Poland, Estonia, Lithuania, Latvia, Czechia, Slovakia, Romania, Ukraine, Hungary, Bulgaria, Croatia, Slovenia, Serbia, Bosnia and Herzegovina, North Macedonia, Albania, Montenegro, Kosovo, Moldova, Finland (from 2026), Sweden (from 2026), Norway (from 2026), Denmark (from 2026), Iceland (from 2026). Rounds elsewhere are listed when public sources name Underline Ventures.

The whole market, country by country: startup funding reports. Next update: January 2027.

Raising pre-seed or seed

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