BREWTIFI reaches €1.6 million valuation after new funding round

Romanian startup BREWTIFI, a platform dedicated to specialty coffee enthusiasts and the coffee ecosystem, has reached a post-money valuation of €1.6 million following a new funding round. The investment was secured from a group of angel investors from the TechAngels and Food Angels HUB networks.

Led by Mălin Ștefănescu of TechAngels and Radu Savopol, founder of 5 to go (Food Angels HUB), the round occurred less than one year after the application's launch. While the specific value of the investment round was not disclosed, the capital is intended to accelerate product and business development, expand the user community, and strengthen the app's position as a reference platform for discovering quality coffee, cafes, and events across Europe.

Company representatives noted that the funding provides not only capital but also industry expertise and know-how in both technology and the food and beverage sectors to assist with scaling and community building.