A new Romanian investment fund, Nucleo Ventures, backed by EU Cohesion Policy funds, will provide venture capital to technology startups. The fund will offer investments ranging from €150,000 to €1.4 million per company, with an average investment of €650,000. Nucleo Ventures’ managing partner, Valentin Filip, announced these details in a recent interview. The funding aims to bolster the Romanian tech startup ecosystem and drive innovation. The initiative leverages European funds to support emerging businesses. Filip explained the fund’s strategy and investment criteria during the interview, held in Cluj-Napoca. This represents a significant boost for early-stage tech companies in Romania seeking capital.