Updated: July 12, 2026
Funding raised
€34M
About the program
Program type
Investment stage
Investment focus areas
Description
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.