Underline Ventures
Bucharest, Romania · Invests in Europe · Website
Check size
🔒 $•• – $••Thesis
Support analytical, action-oriented Eastern European founders building hard technology and deep tech solutions. Founders remain in control while benefiting from strategic guidance, long-term alignment, and operational support through pre-seed to Series A.
Likely not a fit for
Non-technical teams, consumer social apps, discretionary markets, hands-off investor relationships, lifestyle business mentality
How they invest
- Lead or follow
- Leads or follows
- Typical decision
- ~1 month
- Warm intro
- Not required
- Involvement
- Takes a board seat
- Fund status
- Actively deploying
- Assets under mgmt
- $20M
- Decision process
- Solo GP
Partners & team
6 contacts on file
Portfolio
Charter is a modern platform for spacecraft engineering that offers space insurance and supports spacecraft manufacturing and on-orbit asset insurance.
All-in-One Offensive Security Platform
Deltia.AI is a manufacturing vision intelligence platform that enhances productivity on the shop floor by utilizing real-time data gathered from cameras and advanced analytics. Their AI-driven solutions help manufacturers optimize processes, reduce waste, and improve operational efficiency through actionable insights.
Sera is the first Greenhouse Intelligence Platform designed to turn data overload into clear understanding for commercial growers, helping them make better decisions faster and scale reliably.
DesignVerse offers custom enterprise solutions that accelerate product development by enabling teams to design and deliver enterprise-grade software faster, integrating seamlessly with existing design systems and workflows.
MixRift is a mixed reality gaming start-up focused on developing immersive and engaging games for platforms like Meta Quest and Apple Vision Pro. They aim to revolutionize casual gaming through innovative mixed reality experiences.
SaleSqueze provides premade 3D configurators for outdoor living products, enabling customers to visualize and configure products while generating instant quotes, thus simplifying the sales process.
Genezio helps you understand, monitor, and optimize how AI mentions your brand, providing actionable insights to improve visibility and performance across AI platforms.
Cluing is a collaborative tool that helps users find, share, and organize insights from various online sources, enhancing knowledge management and research efficiency.
Videowise is an AI-powered video commerce platform designed to help ecommerce brands and retailers increase conversions and drive measurable growth through shoppable videos, live shopping, and social commerce.
Turneo is an experiences management solution designed for leading experiential hotels, enabling them to manage and sell unique experiences to their guests.
Next-Generation Business Data Curated By AI
Recent activity
- Dec 2025
EnduroSat
Seed · Participated
- Nov 2025
BibleChat
Seed · Participated
- Feb 2025
Uvionix
Seed · Lead
- Oct 2024
Charter
Seed · Lead
- Sep 2024
Trickest
Seed · Lead
Underline Ventures in the news
dev.ua
Ukrainian fund Roosh Ventures invested in London startup Embedd, which creates software infrastructure for physical AI
3 days ago
techfundingnews.com
Seedcamp leads $2.7M round for Ukrainian-founded physical AI startup Embedd
14 days ago
The Recursive
CEE Startup & Tech Weekly: Nucleo Ventures Launches €34M Fund to Back Startups Across Romania and CEE
2 months ago
logos-pres.md
Startups from Moldova offered to investors in Bucharest
9 months ago
en.ain.ua
Romanian-founded company Bible Chat raises €13.41M Series A to enhance spiritual experience with AI
Feb 2025
en.ain.ua
Croatian-founded travel startup Turneo raises 2M round
Sep 2024
en.ain.ua
Serbian startup Collabwriting raises €1.1M to expand its collaborative research platform
Apr 2024
Sifted
All the new first-time European VC funds of 2023
Dec 2023
Romania Insider
Bucharest-based Underline Ventures closes debut fund at USD 20 mln to support early-stage startups
Nov 2023
Tech Funding News
Underline Ventures seals the deal: Eastern Europe's first solo GP fund hits $20M mark, ready to fuel early-stage innovations
Nov 2023
Silicon Canals
Romania’s Underline Ventures closes first fund at €18.4M to back early-stage Eastern European founders
Nov 2023
The Recursive
How to Close a $20M Fund in an Economic Downturn: Insights From Bogdan Iordache and Underline Ventures
Nov 2023
Tech.eu
Eastern Europe's first solo GP venture fund, Underline Ventures, achieves $20M target
Nov 2023
TechCrunch
Pretiosum Ventures hits first close on its second fund to back infrastructure startups
Aug 2023
Pulse 2.0
E-Commerce Video Platform Company Videowise Raises $3 Million
Mar 2023
Romania Insider
Romanian startup Videowise raises USD 3 mln to further develop its eCommerce video platform
Mar 2023
en.ain.ua
Romanian-founded Videowise raises $3M in a round led by Slack Fund
Mar 2023
Sifted
Meet the UiPath alumni starting their own companies
Jan 2023
therecursive.com
FintechOS’ former VP of Marketing joins Underline VC as entrepreneur-in-residence
Jan 2023
en.ain.ua
Underline Ventures to invest €20M in Eastern European startups
Jul 2022
en.ain.ua
Ukrainian UNITED24 platform raises over $13.5M for Army of Drones in just 10 days
Jul 2022
en.ain.ua
Web3 startup Salto X raises €5.2M for its tokenized stock options solution
Jul 2022
SeeNews
Romanian investor launches 10 mln euro solo GP fund for Eastern European startups
Jul 2022
Similar firms
Seed-focused operator-led investors offering emotional and tactical support on impossible days, with a near-frontier-to-consumer portfolio and exits: three unicorns, one IPO, 16 acquisitions.
Operates as a small core fund plus heavy AngelList syndicates, hunting high-signal founders across geographies and categories, with craftsman mentality and systematic visibility into large multi-stage platforms decisions.
Research briefRead more
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