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Fund profile / Romania

Nucleo Ventures Fund

Geography
Romania
Stage
Pre-Seed
Fund size
€34M
Focus
Defense, Digital Health, Energy Tech and FinTech
Signals
Published
Share
N°01 / About

About Nucleo Ventures Fund

Formerly Fortech Ventures, rebranded as Nucleo Ventures with a €34M fund anchored by ADR Nord-Vest (€23.5M). Managed from Cluj-Napoca by Valentin Filip, backing 46 companies across Romania and CEE over four years with €150K-€1.4M checks. Includes a €1.7M grant facility for pre-seed validation. Focus on product-oriented tech across healthcare, manufacturing, energy, finance and defense.

N°02 / Thesis

Investment Focus

Location / RegionRomania
Funding StagePre-Seed
Industry Focus
Defense
Digital Health
Energy Tech
FinTech
Manufacturing

Investor Signals Profile

active

Sweet Spot

Romanian/CEE tech founder with product-first approach in deep sectors

CEE-pre-seed
product-tech
healthcare-tech
manufacturing-tech
grant-plus-equity

Bullish Signals

€34M fund, €23.5M ADR Nord-Vest anchorresearch
46 companies backed across four yearsresearch
Unique grant + equity hybrid modelresearch

Contrarian Signals

CEE-only focus limits deal quality poolresearch
Small check sizes cap ownership stakesresearch

Founder Do's

Build product-oriented tech in Romania/CEE
Target healthcare, manufacturing, or energy
Leverage €1.7M grant facility for validation
Show technical depth and product vision
Plan for €150K-€1.4M initial check

Founder Don'ts

Pitch outside CEE geography
Expect large Series A checks
Skip pre-seed validation phase

14 signals on Nucleo Ventures Fund

3 bullish · 2 contrarian · 5 pitch do's · 3 don'ts · 1 GP profile, each with its source. From €9/month, cancel anytime.

See a signal freeView PlansBrowse all Signal Profiles →
Facts

Fund Overview

Fund Size€34M
Saves0
Website
People

Key People

Valentin FilipManaging Partner
Backers

Known LPs

ADR Nord-Vest (North-West Regional Development Agency)Public / State institution
N°04 / See also

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