Business STORE. Who is behind How to Web, one of the most famous technology startup ecosystems in Romania

Foto del autor

By TP

From the first local venture capital funds to success stories that attract international investors, the Romanian start-up ecosystem is going through a stage of accelerated maturation. Founders are thinking globally, investors are coming in increasing numbers, and events like How to Web are becoming regional hubs of innovation. Can Romania finally assume the role of technology center in Central and Eastern Europe?The Romanian ecosystem of start-ups has reached a noticeably higher maturity. The founders think more and more «globally from day one», and the number of active local and regional investors has increased significantly. However, the challenges are not lacking: the difficult access to capital in the scaling stages, the lack of large funds comparable to those in Western Europe and the limited experience of the founders who have reached the exits and reinvest in the next generations. «Our ecosystem works, but on a smaller scale than in the west. We have venture funds, angel investors and a few success stories, but the critical mass is missing. We still have little experience and few founders who have built companies and reinvest in the new generation. Although we have good universities, they are not among the most competitive in Europe, and all this makes us have a lower volume of investments compared to the west. However, the base is there, and the pace of growth is visible,» he said in an interview for BUSINESS Magazin Monica Zara, head of conference, How to Web – conference dedicated to startups and technology from Eastern Europe. In the era of AI and deep tech, healthtech and agritech, the landscape of Romanian start-ups is rapidly diversifying. More and more teams are building products in areas such as AI and deep tech, sustainability solutions or B2B SaaS platforms. In parallel, entrepreneurs with experience in traditional industries enter the game with digitization projects in healthtech, agritech or fintech.Read the full article on Business MAGAZIN.

For other news, analyses, articles and business information in real time, follow NV on WhatsApp Channels