22 Nov 2024
About Web Summit
It’s been a week since the giant tech Web Summit 2024 Edition, and whether you attended or missed out, we’re here to take you through the highlights and the incredible energy that defined this year's summit. Here’s your chance to catch up on all the cool updates and insights. Seasoned attendees and first-timers alike found Web Summit to be an immersive experience, with over 70,000 participants, 800 startups, and 1,000+ investors engaging in widely discussed topics in technology. This year's hot topic was "Sovereign AI," focusing on developing AI technologies locally within Europe to reduce reliance on tech giants like Google, Apple, and Microsoft. Other key subjects discussed included cybersecurity, fintech, gaming, and competition. SMEs and digital creators are the new hot target, even for market giants like Alibaba and Visa.
Delegation of Moldova
Moldova proudly continued its tradition of participating with a national stand. This year, Invest Moldova, MITP, and Startup Moldova organized the delegation to represent our country in the EU tech scene and establish new collaboration and networking opportunities. Our Deputy Prime Minister, Dumitru Alaiba, spoke on the Government stage, and the delegation of 25+ people from both public and private sectors aimed to make a lasting impression.
Our delegation was diverse, with state organizations heading the trip, startup ecosystem builders like Startup Moldova, Technovator, and Yep Moldova, and most importantly, our startups: Argus AI, Bloomcoding, empiriq, Finergy Tech, Brizy, Magic Wish, Moonshot International, Rendley, Themyda, Eating AI, UpCode, CardNeto, Gems Around, and Infigo. Each of the 15 startups attending the tech giant had a well-defined scope: brand awareness, networking, collaboration, and exposure to the latest trends in the tech industry. Among the startup participants, Gems Around exhibited in the Alpha zone, having the opportunity to pitch on stage.
The Startup Moldova team was inspired by high-profile speakers, including Tim Berners-Lee and Pharrell Williams, and networked with many international startups, ecosystem builders, potential partners, and investors interested in Moldova's growing startup ecosystem.
Hot Topics and Key Announcements
This year's focus was on "Sovereign AI," emphasizing the development of AI technologies within Europe to reduce reliance on U.S. tech giants. The goal is to develop and manage AI technologies locally to reflect regional values and reduce dependence on foreign companies. Other key subjects discussed included cybersecurity, fintech, gaming, and competition.
SMEs are the new hot target, even for market giants like Alibaba and Visa. Some big announcements were made during the Web Summit, such as:
Navigating Web Summit as a First-Timer: Essential Tips
It is challenging for a first-comer to get the most out of the Web Summit so our team prepared these tips and trips as a short guideline to elevate your participation at such global scale events and avoid some common pitfalls like some of us did. First thing first:
Overall, Web Summit 2024 was a flagship event for every tech community, and Moldova was no exception. Our delegation made a lasting impression, showcasing the country's growing presence in the tech industry. Every organization came with a clear goal, and in the end, Web Summit offered everyone their own "piece of the cake." It was a valuable learning experience—showing us what can be improved and how to make Moldova’s presence at future events truly stand out. Stay tuned, and don’t hesitate to reach out if you have any feedback, plans, or partnership proposals. Meanwhile, we’re preparing another exciting event in Moldova, focused on fundraising for startups – Startup Funding Conference. If you're a startup looking for funding, or just exploring where the opportunities are, this event is for you! Join us on December 6th at maib park for an exciting day filled with opportunities, valuable insights, and key connections.
Serghei Cobuscean
An experienced project manager in both public and private sectors, with focus on attracting and managing aid and investment. Serghei established strategic partnerships with international donors, raising significant funds (e.g., €7 million for energy efficiency initiatives). Provided strategic consultancy to over 50 public bodies and private companies, leading to improved operational efficiencies. Managed cross-border cooperation projects, coordinating with multiple partners from different countries. Communication language: ENG, RO