In recent months, Finland has become a true hotspot for health and life sciences: Last autumn Slush, the largest tech conference in the Northern Europe, gathered more than 150 health & wellness startups to Helsinki. Early 2015, GE Healthcare invested over 28 million euros to create an expertise hub for digital healthcare in Finland. Other giant, Samsung Electronics, began partnership with a Finnish health accelerator Vertical just three days later. And only a few weeks ago, Bayer announced a collaboration with Auria, a Finnish biobank, regarding cancer research.
This spring, Arctic15 enables the next miracles to happen as Digital Health Track (May 26) gathers health tech and life sciences startups, investors and established companies together. The track is supported by world leading pharma players such as Bayer and MSD as well as Elisa, a Finnish telecom company. We will experience international keynote speakers, pitch presentations by the most promising startups and interesting health-related workshops, one of them organized jointly by Apple-IBM.
Startup Flo announced a € 650 000 investment according to the news-site 8till5. The angel investment is from four business profiles. The funding will be used to bolster the marketing for it’s product – a new way to sort your information.
Helsinki's Invesdor announces today they're the first crowdfunding platform to pick up up a Markets in Financial Instruments Directive license, lowering their barrier to entry to expand across Europe. The MFiD "passport" means that Invesdor will be regulated by their home state, Finland, and allow them to offer debt and equity crowdfunding services across all 31 EEA countries rather than expanding on a country-by-country basis.
With vulnerabilities like the Heartbleed bug terrifying large companies full of consumer data, Oulu-based security firm Codenomicon is positioned nicely to protect companies from a world full of software vulnerabilities. In some sense you could say they make the market - a Codenomicon employee was the first to discover and name the Heartbleed bug while improving a feature in their security testing tools, and reported the bug to the National Cyber Security Centre in Finland.
Now Synopsys announced they've acquired Codenomicon, plugging in the security firm into the world's 15th largest software company. The details of the acquisition were not announced.
I guess the most beautiful daydream of every online retailer is to create a site search that connects the shoppers with the products they would crave to buy in your platform. There has been solutions offered for this need of eCommerce – most of you with a blog would think about the Google Custom Search –plugin – but unfortunately those haven't helped you to find data of what people are actually searching for.
To help the online retailers in optimizing their site search globally, Finnish search solution company Klevu was founded in 2013. Now to boost the growing and global operations, Klevu announces its partnership with Vaimo – One of the the biggest eCommerce solution providers in the Nordics.
Stockholm's Startup Day is coming into full force this Saturday, April 25th, and with it they're bringing in more than 1,000 entrepreneurs, investors, and exhibitors under one roof. The event is on Saturday, so you've got no work excuses to miss out on some good networking and a casual afterparty.
When it comes to building a dominant bitcoin player in the Nordics and Europe, acquisitions and partnerships will likely be the battleground they're fought on much like the dynamic online delivery market before Just-Eat was crowned the winner. Coinifiy went on a shopping spree in September, picking up two companies and now announces that they've made an agreement with Pensopay, a danish company providing card acquiring and payment gateway services to online and physical businesses.
Editor's note: Our trip to Northern France was paid for by Nord France Invest.
There is this saying, “When you go to the North of France, you cry two times. First when you arrive and second when you leave”. And well, as an original France southerner, I must admit that this felt really true.
It’s that time of the year again. We are starting our ArcticEvening tour and Stockholm is first up on the list. It's a meta-event double header: on April 22nd, we will be gathering at SUP46 and talking about how you can get the most out of going to events and conferences. Sign-up here, using Confetti, the newly released Stockholm-based startup that will also share their story during the event.
Grip, a startup formerly known as Networkr, has relaunched as Grip. Networkr’s first appearance last year got words of caution from TechCrunch, as the market for proximity-based social networking platforms is quite tough in attracting users. Now, a year later, the Tinder-style networking platform is back to the market and will focus on connecting professionals exclusively in the Copenhagen region. The app was launched in both Google Play and the App Store with 15 live communities such as UI/UX, Team Sketch, Seed Investment CPH and Copenhagen Startups as well as the the Copenhagen based co-working spaces, SOHO/NOHO and Rocket Labs.
Back in 2013 Siim Maivel decided to use the outstanding Estonian tech and regulatory environment along with his finance education and experience to create a peer-to-peer (P2P) lending startup focused on small businesses - Investly. Backed by one of Estonia's richest businessmen Sonny Aswani, Startup Wise Guys and a few angels from Estonia and Germany, the company ran under a beautiful moto 'businesses financed by people' has so far attracted over 100 private lenders to fund 7 Estonian businesses with an average loan of €7,000. Investly now has its eyes set to UK and other countries.
Given the massive momentum of team communication channels like Hipchat and Slack, and you might be under the impression that any startup with "communication" in their tagline might as well be dead. But while Slack is the go-to internal communication channel for companies, one massive problem it doesn't improve is communication between users between different organizations.
My Summer Car ranks up there as one of the most beautiful games I've ever seen. I'm not talking graphics, but in a sense that this game is doing something more than the sum of its parts. It's interactive poetry. It's capturing something that still exists, but really doesn't anymore. It's more than a game.
Out of the 5000 startups that applied to 500 startups next batch, Estonia's ResultsOnAir tells us they were were one of the 30 to be selected into the San Francisco-based accelerator program, meaning they're now starting summer a little early in sunny California.
Finland is cold, dark and rather far away from the rest of the world. Yet, for Arctic15, we want to have the world’s best speakers and we will tell you exactly how we do it.
We feel that sharing this is not only good to help people understand what it takes, but it also explains the process that you could use to really get a hold of anyone you want. Be it an investor, a speaker, a corporate partner or a new employee. Anyone.
It's lunchtime, and with all of us busy in the office I thought it might be cool to give Wolt a try to pick up some Friday food for everyone. If you haven't heard of the app, it's a fairly straightforward food pickup app - think of a delivery pizza app but without the delivery. The hype comes from the founding team, a good mix of Helsinki startup names led by Miki Kuusi, the ex-main organizer of Slush.
Media is ubiquitous in our lives - news sites, blogs, video sites, publishing platforms, social media, television, radio, print. News readers, video players, photo-players, podcasts, magazines. You name it.
Every year, there is an increasing number of new formats, new ways of displaying media and content, of finding and targeting users and of keeping you all entertained. Here at ArcticStartup, this is our goal on a day-to-day basis. What news should we publish, what stories do we want to display and how do we want to interact with you. Throughout this process, we have come to realize that we live in a world which is likely to be on the verge of a "media-overhaul".
From AirDog's $2 million round to public VC funds and Latvian Business Angel network sharing information about their investments for the first time, March has been quite a month for Latvian startup scene. Let's look back on what happened last month:
Finland's Umber Games has released an update to Cava Racing, giving us an excuse to give some coverage to the top-down racer available in the App Store for €0.99 (Android soon to follow). It's a simple racing game - you're steering your ship around a straightforward track to try to beat your ghost racer to the finish line. There's nothing complicated to maximize, like collecting coins upgrade your acceleration or handling or anything - once you beat the ghost racer enough, you get a new faster ship to figure out. It's back to basics.
A year ago at Stockholm Startup Day I got a Confetti business card - which instead of your standard business card was a small clear envelope with a business card in it, and plenty of confetti in the package. Traveling back from Sweden the cards I collected ended up in my backpack, and even a few months ago I found the odd Confetti piece from the deeper pockets from where the card leaked out.