Resources for founders and investors
Practical guides on raising a round and on writing angel checks, grounded in what TechAngels members have seen work since 2013.
For founders
How to make a pitch deck: the TechAngels guide
How to make a pitch deck that gets you the meeting: the slide-by-slide structure, length and design rules, and how TechAngels reads founder decks.
17 July 2026
Pre-seed, seed and Series A: funding stages explained
Pre-seed vs seed vs Series A: what each funding stage means, what investors expect as evidence, and how to tell which stage your startup is at.
17 July 2026
Startup funding in Romania: the complete guide
A founder's guide to startup funding in Romania: the sources, the stages, how much to raise, and how the business angel process actually works.
17 July 2026
What is a business angel and how do they invest?
A business angel is a private investor who backs early-stage startups with their own money plus hands-on help. How angels invest in Romania.
17 July 2026
What is a term sheet? Explained clause by clause
A term sheet sets out the price and terms of an angel investment before the contracts. Here is what each clause means and what to negotiate.
17 July 2026
Pitch Deck Guidelines for founders
From the many pitches TechAngels sees, clarity makes the difference: a practical pitch deck guide and illustrated roadmap for founders.
6 July 2026
GENERAL RULES FOR PITCHES
TechAngels' short-form pitch rules: max 10 slides, one message per slide, and the 8-part structure from market grabber to investment sought.
1 July 2026
Why “correct” pitches still fail to convince
Even when slides tick all the boxes, the message often fails to land: Ana Maria Andronic on why correct pitches don't convince investors.
25 June 2026
What to expect from your business angel – Machinations
We've gotten help from angels during our pre-seed and seed funding stage, so from product development and initial traction up to go-to-market/monetization.
29 December 2021
What to expect from your business angel – AiVA
I started working with angel investors from the inception of the start-up idea.
24 November 2021
What to expect from your business angel – Aggranda
Aggranda targets international clients. Because of that, our marketing budgets were high from start and I initiated discussions with angel investors from day 1.
16 November 2021
What to expect from your business angel – VoxiKids
A startup founder on how angel investors contribute to a startup's progress and make success far more likely with their help.
9 November 2021
What to expect from your business angel – Procesio
Back in 2016, I was looking for a mentor that would help me better understand what I needed to do next, how to do it, and help me gain confidence in myself.
1 November 2021
What to expect from your business angel – Bright Spaces
I started discussions with Angels right after we decided to start Bright Spaces as a tech startup following the path of subsequent funding rounds.
26 October 2021
What to expect from your business angel – Soleadify
We started working with angel investors right from the start, launching Soleadify with an angel investment of €50.000 from Matei Pavel.
18 October 2021
What to expect from your business angel – RepsMate
We've started working with one angel investor since idea phase, and gradually we've involved more angels to cover most of the areas we considered most important.
11 October 2021
What to expect from your business angel – SmartDreamers
Choosing a business angel means committing to someone who gets access to the core of your team's work for the long term.
5 October 2021
Download – The Good Advice Booklet
TechAngels angel investors share their best advice for founders in The Good Advice Booklet, a crash course in management.
22 September 2021
For investors
What is syndication and how angels invest together
Angel investment syndication is several angels pooling small tickets into one round behind a lead investor. How it works and why angels use it.
17 July 2026
Angel portfolio math: why diversification is everything
Angel returns follow a power law: one winner can outweigh every loss. An angel investing portfolio strategy means many small cheques, not a few big bets.
17 July 2026
Due diligence for angel investors: the full checklist
Due diligence for angel investing, sized to a €10-20k cheque: the five areas, the questions and documents to ask for, and the deal-ending red flags.
17 July 2026
How to become a business angel in Romania
How to become a business angel in Romania: what it takes, how much capital you need, solo vs network, and how TechAngels membership works.
17 July 2026
Investors Learn Too: How Business Angels’ Investment Thesis Is Changing in the AI Era
How business angels' investment thesis is evolving in the AI era, from a candid TechAngels discussion on early-stage investing.
21 May 2026
For the whole ecosystem
10 Unicorns in 10 Years – Step 1 – Never Walk Alone
Why business angels and venture capital firms are stronger together: the case for co-investing in early-stage startups.
10 October 2024
It’s Time to Dream Big – 10 Unicorns in 10 years
Marius Istrate's vision for Romanian tech: creating 10 unicorns in 10 years by dreaming big and acting boldly.
10 September 2024
Looking for the process itself? Start with the founders track or the investors track. Data and reports, including the impact of angel investment in Romania, live under About.