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Startup Moldova Summit on March 14th: A Growing Tech Ecosystem to Watch

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CHISINAU, Moldova, Feb. 6, 2024 /PRNewswire/ — Moldova, a small Eastern European nation, is quietly emerging as a hub for startups and investors in the tech ecosystem. With a population of 2.45 million and a GDP of $45.02 billion, this nation is making significant strides in rebuilding and prospering since gaining independence from the Soviet Union in 1991. One key indicator of its growth is the remarkable surge in Foreign Direct Investment (FDI), which reached $264 million in 2021, constituting about 35% of the country’s GDP. This growing interest from global investors highlights Moldova’s potential on the international stage.

 

What sets Moldova apart are its distinctive qualities, including the presence of Europe’s first e-park, the Moldova Innovation Technology Park (MITP). Established in 2018, MITP boasts 1200 active residents and 200 companies with foreign capital from 40 countries. It offers startups in Moldova access to a highly skilled IT workforce, competitive labor costs, favorable visa options, and one of the lowest taxes in Central and Eastern Europea flat 7% tax on revenue.

Moldovan startups are increasingly realizing the benefits of collaborating with neighboring Romania, fostering a mutually beneficial business dynamic. Shared language and proximity facilitate cross-border ventures, providing Moldovan startups with access to the broader European market through Romania. Successful examples like Fagura and Planable demonstrate the effectiveness of this strategy, while Romania benefits from Moldova’s innovation and skilled talent pool.

Overview of Moldova’s Startup Scene:

Number of Startups: Moldova currently boasts 82 startups, spanning various industries from AgTech and InsureTech to WineTech, all contributing to the nation’s growing entrepreneurial spirit.

Startup Funding: In 2022, 11 Moldovan tech startups raised a total of $11 million in funding, a significant increase in confidence from both local and international investors. These startups secured investments from VCs worldwide, with the average deal amount standing at €865k.

   – XOR AI ($2.7M)
   – Brizy.io ($2.4M)
   – Greeno (€2M)
   – ENABLD ($1.4M)
   – Bloomcoding (€1.1M)
   – Fagura (€786,845)
   – SelfTalk (€150k)
   – EdooSitter (€120k)
   – EasyPlan (€90k)
   – Doctorchat.md (€50k)
   – UNDE.io (€10k)

Financing Landscape: Moldova’s startup ecosystem enjoys support from various investor groups and organizations. Business Angels Moldova, Mozaic, investiții.md, XY Partners, Startup Moldova, Moldovan Association of ICT Companies, Orange Moldova, Orange Systems, the European Bank for Reconstruction and Development, and the Western NIS Enterprise Fund all play crucial roles in supporting startups in their investment journey. Additionally, CEE VCs like Gapminder, Credo, Fuel Ventures, Inovo, and others frequently explore opportunities in Moldovan startups.

Tech Talent and Workforce: The Moldovan startup scene benefits from a pool of over 20,700 IT specialists proficient in Romanian, Russian, English, and often French. This talent pool covers various domains, including data analytics, UI/UX design, software development, application development, and game development. The 7% flat tax rate for employers further incentivizes hiring IT professionals in Moldova.

Ecosystem Initiatives and Support: The Moldovan government and various organizations actively promote the startup environment through initiatives such as conferences, incubators, and mentorship programs. Ecosystem builders like Startup Moldova, Dreamups, Yep Moldova, Technovator, XY Partners, Moldova Innovation Technology Park, and others create an enabling atmosphere for startups.

The upcoming Startup Moldova Summit on March 14th is an excellent opportunity to explore the thriving Moldovan startup ecosystem. The event will bring together startup enthusiasts, IT professionals, businesses in search of innovation, investors, and industry experts. It will feature knowledgeable speakers and investors, providing valuable insights and networking opportunities. Additionally, a pitch competition will offer startups a platform to present their ideas to potential investors.

As Moldova continues to grow its tech startup landscape, it’s a country worth watching for both investors and entrepreneurs seeking new opportunities in the dynamic Central and Eastern European region.

Video – https://www.youtube.com/watch?v=ROwdQ95WmW0&t=49s

View original content:https://www.prnewswire.com/news-releases/startup-moldova-summit-on-march-14th-a-growing-tech-ecosystem-to-watch-302053484.html

SOURCE Startup Moldova

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Walden Group, one of the main players in European healthcare logistics, officially enters the Italian market

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The group’s goal is to position itself as a key player in the Italian market and continue to strengthen the offer of logistics solutions for its customers throughout Europe

MILAN and PARIS, March 1, 2024 /PRNewswire/ — Walden Group, one of the main players in the area of healthcare logistics in Europe, officially enters the Italian market after  the acquisition of the two Italian companies XCM Healthcare, a healthcare logistics company, and Unitex, a temperature-controlled last-mile network dedicated to the healthcare sector, belonging to the Marzano family, founder of the Farmacia S. Caterina group, and CEO Gaetano Colella.

 

 

With a 2.4% share of the global market in terms of drug consumption, Italy has always been a focus of Walden; the high level of expertise in the field of R&D, especially in the biotech sector, are among the main reasons that convinced the group in this decision. As a major player in the pharmaceutical supply chain and a provider of distribution solutions, the acquisitions have proven to be essential to enter the Italian market.

In addition, Italy is the third European country where the group will expand its operations within a year, following the recent extensions of transport activities in Romania and Germany. The group has significant ambitions for the future, with further projects already in the planning stages.

“I am thrilled to announce what we have achieved together; we share the same values and entrepreneurial mindset with the Marzano family and the CEO Gaetano Colella. This was certainly a key element in the decision to merge our companies,” says Stéphane Baudry, President of the Walden Group.

In recent years, the Marzano family and the CEO Gaetano Colella have developed Unitex, a robust transportation network organized around two main hubs strategically located in the north (Milan) and south (Naples) Italy, to offer comprehensive national coverage through a consolidated network of twenty-four regional depots.

The network will be incorporated into Eurotranspharma, Walden’s subsidiary specializing in last-mile pharmaceutical solutions, which makes daily deliveries to pharmacies, hospitals, wholesalers and other healthcare providers in nine countries. Thanks to the new acquisition, Eurotranspharma will extend its presence to ten European countries to provide an extensive and reliable service to all its customers.

Eurotranspharma will introduce its services to the Italian market while maintaining high quality standards and impeccable distribution practices. This will be supported by Walden Digital’s sophisticated IT systems, specifically dedicated to the healthcare sector, which enable the complete traceability of crucial healthcare products at every stage of the supply chain.

In parallel, XCM Healthcare has developed a promising healthcare logistics business that will be enhanced by integration within Movianto, Walden’s core healthcare logistics solution, which is already present in twelve European countries.

Movianto provides complete solutions for supply chain management, ensuring a reliable transfer of products from the manufacturer to the patient. Its expertise extends particularly to sensitive healthcare products such as biotechnology, vaccines and in vitro diagnostics. In addition to logistics management, the company offers high value-added services, such as order and collection management and laboratories dedicated to quality control. These services cover the entire supply chain, allowing manufacturers to focus solely on their core business.

“The recently completed acquisition marks the first step in our development in Italy. We are excited to collaborate with the Unitex and XCM teams to start the implementation of Eurotranspharma and Movianto solutions in Italy. I’m confident that we will achieve outstanding results, considering the expertise of the Unitex and XCM teams, combined with our international presence in Europe, which contributes to a deep understanding of the global market and experience in different business management models.”

“Of course, continuing to expand our presence in Europe is a priority, but we are a flexible organization and always ready to seize opportunities. Therefore, we are ready to grow wherever we can bring value to our customers and new healthcare markets, expanding beyond Europe,” concludes Baudry.

Logo – https://mma.prnewswire.com/media/2206749/Walden_Group_Logo.jpg

For press enquiries
Laure Murat
laure.murat@walden-group.com

View original content:https://www.prnewswire.co.uk/news-releases/walden-group-one-of-the-main-players-in-european-healthcare-logistics-officially-enters-the-italian-market-302076944.html

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GeeTest Introduces Device Fingerprinting, a front-line defence mechanism that effectively combats evolving cyber threats

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WUHAN, China, March 1, 2024 /PRNewswire/ — GeeTest, a leader in innovative bot management solutions, proudly presents its latest offering – GeeTest Device Fingerprinting. The advanced cybersecurity solution designed to fortify online platforms against evolving digital threats. Leveraging sophisticated algorithms and cutting-edge technology, it intelligently identifies and tracks devices, providing a robust defense mechanism against malicious activities. Existing security measures often struggle to identify and prevent malicious activities originating from seemingly legitimate devices. GeeTest Device Fingerprinting steps in as a proactive and advanced solution to bridge this gap.

Embrace the future of security with GeeTest Device Fingerprinting – where innovation meets protection. Elevate your risk management strategy with our advanced solution that not only identifies risks but adapts to the evolving landscape of digital threats. GeeTest Device Fingerprinting provides the following 5 key features.

1. Risk Labels

Monitor traffic credibility from both behavioral and device dimensions, providing up to 34 black industry risk labels for reference. It facilitates the identification of devices with similar risk labels, offering optimization references for your security and business strategies.

2. Relation Map

By identifying connections among risky traffic, automating the organization of risk details, frequency information, and associated data for high-risk devices, this process provides data references for business departments.

3. Application Management

You can add as many applications as you need. Each application’s data is distinguished through unique IDs and keys, facilitating secure data analysis for different modules of the business.

4. Access Control

According to your needs, you can manually add blacklists or whitelists to facilitate the management of access permissions to specific objects or resources.

5. Data Studio

Our Device Fingerprinting product includes a robust Data Studio feature, offering users an intuitive analytics dashboard for comprehensive insights. It enables informed decisions, pattern detection, and effective security strategy optimization.

GeeTest Device Fingerprinting leverages cutting-edge technologies such as Triple-Dimensional Review Technology, GCN Knowledge Graph, and Weak Feature Identification Technology. These technologies ensure comprehensive device identification and analysis while prioritizing user privacy. To learn more about key technologies at play you can download the product brochure of GeeTest Device Fingerprinting by clicking here.

In the fast-paced digital landscape, GeeTest’s Device Fingerprinting emerges as a beacon of defense. By intelligently identifying and tracking devices, it offers a robust defense mechanism against a multitude of threats faced by industries today.

For more about GeeTest, follow the company on LinkedIn.

About GeeTest:

GeeTest, a CAPTCHA and bot management provider, protects websites, mobile apps, and APIs from automated bot-driven attacks, like ATO, credential stuffing, web scalping, etc. GeeTest has been developing human-bot verification technology since 2012. Now it processes 2.9 billion CAPTCHA requests daily and serves 320,000+ companies in sectors like blockchain, online games, e-commerce, etc. In November 2021 GeeTest was recognized as a selected vendor in Forrester’s Now Tech: Bot Management, Q4 2021. In Aug 2023, GeeTest CAPTCHA Awarded 2023 Best Ease of Use and Best Value Badges by Capterra.

View original content to download multimedia:https://www.prnewswire.com/news-releases/geetest-introduces-device-fingerprinting-a-front-line-defence-mechanism-that-effectively-combats-evolving-cyber-threats-302076908.html

SOURCE GeeTest

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Toray ACS Exhibits at Texprocess in Frankfurt, Germany

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European Debut of Integrated 2D/3D Fashion CAD Software “CREACOMPO®GLOBAL”

TOKYO, March 1, 2024 /PRNewswire/ — Toray Advanced Computer Solution, Inc. (hereinafter “Toray ACS”) will be exhibiting at Texprocess, held at Messe Frankfurt from April 23rd to 26th, 2024.

Under our purpose “Uplifting the fashion industry, with our love for fashion creation and the power of IT.”, we are proud to offer cutting-edge CAD software to customers worldwide, boasting the No. 1 market share for 2D pattern making software in Japan.

At the exhibition, we will introduce the innovative 2D/3D integrated fashion CAD software “CREACOMPO®GLOBAL”, which revolutionizes our customers’ work efficiency.

CREACOMPO GLOBAL enables advanced 2D pattern making and accurate 3D simulations through simple operations, even without the need for CG skills or high-spec professional PCs.

You can find us at booth No. C65 in Exhibition Hall 8.0.

We look forward to your visit.

How to get there:
https://texprocess.messefrankfurt.com/frankfurt/en/planning-preparation/arrival-stay.html

For more information about CREACOMPO GLOBAL, please visit https://www.toray-acs.co.jp/en/creacompo-global-lp/

Company information:
Location: 1-1-3, Toranomon, Minato-ku, Tokyo, Japan
President: Kouichirou Ikeda

Company website: https://www.toray-acs.co.jp/en/   

Note: CREACOMPO is either a registered trademark or a trademark of Toray Advanced Computer Solution, Inc. in Japan and/or other countries.

Photo – https://mma.prnewswire.com/media/2340244/Toray_ACS_Inc.jpg

View original content:https://www.prnewswire.co.uk/news-releases/toray-acs-exhibits-at-texprocess-in-frankfurt-germany-302074061.html

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