About Sparking Capital
Sparking Capital, established in 2017, is an angel investment group based in Bucharest, Romania. It primarily focuses on Seed investments in companies in Romania. Its portfolio includes 12 firms, spanning the Enterprise Applications, High Tech sectors. Its most notable investments include companies like Pluria, Questo and RobosizeME. Its latest investment was a $2M Seed round in Pluria on May 12, 2026 along with Crescendo Ventures.
To date, 15 investors have co-invested in Sparking Capital's portfolio companies, including prominent names like Early Game Ventures.
Sparking Capital's List of Top Investments
Sparking Capital has a portfolio of 12 companies. Their most notable investments are in EcoTree and Pluria.Their portfolio spans across Romania, Australia, Czech Republic and 1 more locations. They have invested in Enterprise Applications, High Tech, FinTech and 9 other sectors, across stages such as Seed stage. Here is the list of top investments by Sparking Capital:1. Pluria
Provider of managed flexible workspaces. The company's platform offers and lists predefined perks to employees working remotely via various working spaces. It helps businesses to directly promote remote working and increase productivity and employee flexibility.
Key facts about Pluria
- Founded Year: 2020
- Location: Bucharest (Romania)
- Stage: Seed
- Total Funding till date: $4M
- Employee Count: 11 - 50 as on Jul 01, 2024
- Investors: Crescendo Ventures, Eleven and 3 Others
- Latest Funding Round: Seed, May 12, 2026, $*****
2. Questo
Questo is an app-based gamified platform that provides tour guides. The app provides quests to the user that the user would solve by traveling around the city. The app has two modes - hunt & discover. Hunt mode allows the user to improve their score & compete for the leaderboard. The discover mode allows the user to explore cities. The app is available for iOS & Android phones.
Key facts about Questo
- Founded Year: 2017
- Location: Sibiu (Romania)
- Stage: Seed
- Total Funding till date: $2.11M
- Employee Count: 46 as on Apr 30, 2026
- Investors: Early Game Ventures, Sparking Capital and 1 Other
- Latest Funding Round: Seed, Aug 07, 2024, $*****
3. RobosizeME
Key facts about RobosizeME
- Founded Year: 2022
- Location: Olomouc (Czech Republic)
- Stage: Seed
- Total Funding till date: $2M
- Employee Count: 32 as on Apr 30, 2026
- Investors: BrightCap Ventures, Sparking Capital and 1 Other
- Latest Funding Round: Seed, Feb 25, 2026, $*****
Developer of 3D space planning software for office leasing teams. The platform offers interactive test fits and immersive walkthroughs. It helps stakeholders align in one link and make revisions faster. The software provides solutions for real estate consultants.
Key facts about Bright Spaces
- Location: Collingwood (Australia)
- Stage: Seed
- Total Funding till date: $3.94M
- Employee Count: 40 as on Jan 31, 2026
- Investors: Axeleo Capital, PI LABS and 10 Others
- Latest Funding Round: Seed, Dec 04, 2023, $*****
5. Flaminjoy
SaaS based sales enablement solutions for enterprises. The solutions help the business by providing content management and demo tools and managing sales collateral and also pitch the content to prospects through interactive methods such as creative automation, eliminating repetitive work, enabling productive team collaboration, and enhancing the content on product pages.
Key facts about Flaminjoy
- Founded Year: 2016
- Location: Bucharest (Romania)
- Stage: Seed
- Total Funding till date: $726K
- Employee Count: 31 as on Apr 30, 2026
- Investors: Founders Bridge, Eleven and 2 Others
- Latest Funding Round: Seed, Apr 26, 2021, $*****
Sparking Capital's Year-on-Year Investment Trends
Sparking Capital has invested in 12 companies over the last 7 years, with an average of 1 new investment annually in the last 5 years. As of May 2026, it has made 2 investments in this year. Its most recent first time investment was in Pluria and most recent follow-on round was in Questo.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 2 | 0 | 2 |
2025 | 0 | 0 | 0 |
2024 | 0 | 1 | 1 |
2023 | 0 | 2 | 2 |
2022 | 0 | 1 | 1 |
2021 | 7 | 1 | 8 |
2020 | 2 | 0 | 2 |
2019 | 1 | 0 | 1 |
Sparking Capital's Investments by Stage
Sparking Capital has made 12 investments in Seed stage with an average round size of $807K.Sparking Capital's Investments by Sector
Sparking Capital has a diverse portfolio, with companies operating in the Enterprise Applications, FinTech, High Tech, Travel and Hospitality Tech and Vertical SaaS. Notably, it has invested in 12 Tech companies, 10 Enterprise (B2B) companies, 9 Software companies and at least 7 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 9 |
FinTech | 3 |
High Tech | 2 |
Travel and Hospitality Tech | 2 |
Vertical SaaS | 2 |
Others | 11 |
Note: We have considered here, only first round of investments
Sparking Capital's Investments by Geography
Sparking Capital has made most investments in Romania (9), followed by Australia where it has made 1 investment.Country | No. of Investments |
|---|---|
Romania | 9 |
Australia | 1 |
Czech Republic | 1 |
Portugal | 1 |
Note: We have considered here, only first round of investments
Sparking Capital's recent investments
Sparking Capital has made 2 investments in 2026 so far - Pluria and RobosizeME.Here are the most recent investments by Sparking Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 12, 2026 | Romania | Seed | 5117 | ||
Feb 25, 2026 | Czech Republic | Seed | 2823 | [+1] | |
Aug 07, 2024 | Romania | Seed | 7840 | [+1] | |
Dec 04, 2023 | Australia | Seed | 3568 | [+5] | |
Jan 10, 2023 | Romania | Series A | 3453 | [+1] |
Team profile of Sparking Capital
Sparking Capital has a team of 3 members including 2 Partners located in Romania. Sparking Capital's team does not sit on the board of any company as of now.Co-investors of Sparking Capital
Over the past 7 years, 31 investors have co-invested in Sparking Capital's portfolio companies. This includes funds and angels.
- Invested before Sparking Capital: Eleven, WIT Angels Club and 7 others have invested in rounds before Sparking Capital. There is 1 company where Eleven has invested before Sparking Capital and 1 company where WIT Angels Club has invested before Sparking Capital.
- Top Co-investors of Sparking Capital: 15 investors entered a company along with Sparking Capital. These include investors like Early Game Ventures (4 companies).
- Invested after Sparking Capital: A total of 7 investors have invested in Sparking Capital's portfolio after their investments. Top Investors include SeedBlink (2 companies) and Hellen's Rock Capital (1 company).
Recent News related to Sparking Capital
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Pluria raises $2 million from Sparking Capital to expand coveragestart-up.ro•May 12, 2026•Pluria, Sparking Capital
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RobosizeME: $2 Million Raised To Bring AI Workflow Automation To The Global Hotel IndustryPulse 2.0•Feb 26, 2026•RobosizeME, Botanique Hotel Prague, BrightCap Ventures, Sparking Capital and 1 other
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Bright Spaces Secures €2 Million Investment with €150,000 Crowdfunding on SeedBlinkRomania Journal•Dec 04, 2023•Bright Spaces, PI LABS, Growceanu, Sparking Capital and 1 other
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Vatis Tech announces EUR 650,000 new funding roundBusiness Review•Jan 10, 2023•Vatis, Early Game Ventures, Sparking Capital
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Hyperhuman is raising a 0.7M € investment round led by Sparking CapitalBusiness Review•Mar 02, 2022•Hyperhuman, Sparking Capital
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