[stock-market-ticker symbols="FB;BABA;AMZN;AXP;AAPL;DBD;EEFT;GTO.AS;ING.PA;MA;MGI;NPSNY;NCR;PYPL;005930.KS;SQ;HO.PA;V;WDI.DE;WU;WP" width="100%" palette="financial-light"]

Techcelerator and Google have selected nine startups in Advancing AI accelerator program for entrepreneurs in Southeast Europe. Four of them are from Romania. Who are the picked-ones?

22 mai 2024

. 130 applications from over 20 countries

. Nine participating startups, four of which are from Romania

. The global market for Artificial Intelligence solutions will grow about 28.5% annually until 2030

Techcelerator and Google for Startups have selected nine startups in Advancing AI, an accelerator program for startups in the region that create products based on AI (Artificial Intelligence) solutions. The programme supports companies’ growth efforts and stimulates the development of the ecosystem in the region, with the selected startups coming from Romania, Poland, Serbia and Turkey.

The nine startups were chosen from 130 applications from over 20 countries.
The Advancing AI #4 accelerator programme runs for ten weeks and will end at the end of May,
after which the startups will enter the post programme.

Techcelerator, together with its partners, will showcase the best teams at the biannual Investors
Day event on May 27th at BT Stup (Calea Șerban Vodă 206 – 218, Bucharest).

Artificial Intelligence solutions will be most commonly used in healthcare in the future (15.7% of
the market value), especially for disease diagnosis, drug development and personalized medicine.
Other areas where we will increasingly see AI solutions are in the enterprise software area such as
finance and cybersecurity, manufacturing, business & legal, retail and logistics, green energy and
new materials generation. We see these international trends also in the fourth edition of
AdvancingAI, where a third of the finalist startups are from the healthcare area and a significant
part from the cybersecurity segment, two of the areas where people need innovation the most
said Cristian Dascălu – Managing Partner Techcelerator.

Startups completing the program are:
Travatar (Poland) – offers a solution that combines cyber security and data analytics to ensure
website security and provides reliable traffic data, identifying the percentage of bots vs real
(human) users. The solution uses advanced security measures including behavioral biometrics and
AI-based detection and helps marketing agencies and e-commerce business owners streamline
the use of marketing budgets.

Feyenally (Poland) is transforming the way of eye care with EyeTEST – an AI-based mobile app
for self-examination of eyes to detect refractive errors at home, using only your smartphone.

NS-EDGE (Romania) is an artificial intelligence cybersecurity monitoring platform that displays
real-time threat detection as graphs and processes terabytes of data daily, requiring low operating

Abrakadabra Games Technology (Turkey) a product for football fans around the world. Allows
real-life videos to be transformed into games and video experiences directly on mobile devices,
avoiding the complexity of 3D game engines and coding expertise. Abrakadabra enables
collaboration and monetization through blockchain integration, including NFTs and digital tokens.

Naratix (Romania) a suite of artificial intelligence-based robots that add skills to e-commerce
departments for most activities. Naratix increases the speed and accuracy of these actions by
about 1,000 times, reducing costs by up to 99%!

Mantiscope (Turkey) is an artificial intelligence platform that accelerates diagnosis and improves
patient care through automated classification and anomaly detection.

FigVision (Romania) is an artificial intelligence tool designed to shorten the design workflow for
both freelancers and professional design teams. It turns any screenshot into fully editable and
responsive Figma design components.

AmabiexAi (Romania) is an artificial intelligence-based medical platform. It combines imaging
techniques (facial photoplethysmography (rPPG), generative artificial intelligence and advanced
computer visualisation algorithms to revolutionise the way digital health diagnosis, monitoring,
prevention and treatment of chronic pathologies are performed.

Beehold (Serbia) is a „digital beekeeper’s assistant” and a pioneer of AI-based solutions for
beekeepers. The solution provides hive management suggestions, predicts potential problems and
optimises honey production.

The global market for Artificial Intelligence solutions is estimated to reach $184 billion this year and
around $827 billion in 2030, growing about 28.5% annually, according to Statista data.

Adauga comentariu

Cifra/Declaratia zilei

Anders Olofsson – former Head of Payments Finastra

Banking 4.0 – „how was the experience for you”

So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”

Many more interesting quotes in the video below:


In 23 septembrie 2019, BNR a anuntat infiintarea unui Fintech Innovation Hub pentru a sustine inovatia in domeniul serviciilor financiare si de plata. In acest sens, care credeti ca ar trebui sa fie urmatorul pas al bancii centrale?