

Capital Continuum: From Angels to VC to Private Equity
This is an event taking place during How to Web Conference 2026, exclusively available to How to Web Conference ticket holders, presented by ROPEA and Level 20.
As companies grow, their capital needs change, and so do the investors who can support them. When does a business move beyond traditional VC funding? What makes growth equity or private equity the right next step? And where do secondaries and other financing options fit?
Join ROPEA and Level 20 for a conversation spanning the investment journey from angel funding to venture capital and private equity. Our speakers will share perspectives from different stages of that journey and discuss what founders and investors should consider as companies scale.
Speakers:
- Miruna Popa, Investment Manager, Resource Partners, and Chair of Level 20
- Alina Georgescu, Investment Director, Catalyst
- Ilinca Păun, Founder, Bravva Angels
- Elina Halatcheva, Managing Partner, BrightCap Ventures
- Moderator: Valentin Filip, Managing Partner, Nucleo Ventures
Who Should Attend
Founders planning their next stage of growth, angel investors, VC and PE professionals, and anyone interested in how companies finance their journey from startup to scale.
About ROPEA
ROPEA – the Romanian Private Equity Association – is the representative organization of Romania’s private equity and venture capital industry. The Association promotes the sector as a driver of economic development, supports the creation of a favorable legal framework for attracting capital and serves as a platform for dialogue between investors, entrepreneurs and public authorities. ROPEA currently has 81 members, including 29 private equity and venture capital funds active in the Romanian market, which manage assets worth more than EUR 2.4 billion. The additional revenue generated by companies in the portfolios of ROPEA members between 2019 and 2024 exceeded EUR 2.309 billion. https://ropea.ro/ .
About Level 20
Level 20 is a not-for-profit organisation founded in 2015 to increase the number of women in senior investment roles in private equity and venture capital. Through mentoring, research, advocacy, and events, Level 20 supports individuals and firms in building inclusive and high-performing teams. The organisation has 13 chapters across Europe. https://www.level20.org/.
About How to Web Conference
How to Web Conference brings together 3,000+ builders, founders, investors and tech professionals for three days of conversations, connections and ideas worth taking further. https://www.howtoweb.co/.