Right before the Easter holiday Pipedrive announced the appointment of Steve Oriola as the company's new CEO. Timo Rein, co-founder and former CEO, will serve as President of the company, where he'll get back to his roots of product, engineering, infrastructure, integrations and support services.
Innovative Latvian company PentaClass, solving the 'do you hear me at the back?' problem with omnidirectional audio equipment for teachers and public speakers has announced that it is ready to sign an agreement with one of Europe's biggest IT products distributors EET Group. Latvian news portal Delfi reported the statement by PentaClass board member Agnis Kalnins today. We covered PentaClass before here almost a year ago as they were just launching their production.
Here we go again Helsinki. We have got together an amazing list of media related corporations that are ready to open their doors and to reach out to startups. You will have a chance to learn how they plan to work with you, what their current problems and challenges are, if they are looking to buy companies or perhaps give access for pilots & APIs. Their hearts will be open to startups on April 17th, in the Helsinki Yrityslinna. To participate, sign up here and act fast. Last time around we had over 200 people in the house with just 130 seats. The event is free to attend and we will have plenty of refreshments for you to enjoy.
When we last wrote about Gajatri Studios we noted how they are a game company in transition - they were a little behind the curve moving from Facebook games to iOS, but now they're on the cutting edge when you consider how few game companies are building games for wearables. While they seem to be doing well with their Farmville-meets-yoga game, Yoga Retreat, their newly launched app, Breath Watch allows users to plug their heart rate monitors into their smartphones and practice 30 days worth of breathing exercises.
While the Latvian education system is struggling, the number of #LVstartups in EdTech keeps growing. We've previously covered PentaClass, an audio solution to 'do you hear me at the back?' problem, as well as the winner of TechChill Baltics pitch contest Edurio. This time it's Experiential Simulations - an online simulation that already helps hundreds of university students from Ottava (Canada) to Kazan (Russia) in learning entrepreneurship.
TechHub Riga and Rietumu bank invite FinTech startups from all over the world to join their challenge and win €5,000 on April 28th in Riga. The contest is open to startups at any stage and defines FinTech rather broadly - any startup developing a solution for finance sector and improving any type of money operations can apply by Apr 3 here.
After former Pizza Online CEO Erik Byrenius exited his online delivery company to Delivery Hero, he had some time on his hands and decided to become an angel investor. "When I was about to do my first investment I started asking around what was normal [in a term sheet]. No one could really answer," he says.
SEED Capital, the most active venture capital fund in Denmark which has over 70 startups in its portfolio, has reported record-breaking profits in the last year. This success is mainly credited to developments within the portfolio. The recently published report also shows a total of four exits undergone in the past year, including Contera Pharma, Libratone, Sense and the big exit by Endomondo. The sale of Endomondo to American Under Armour for € 75 million in the beginning of 2015 is no doubt the main source of last year’s pleasing figures.
It used to be all about writing command lines. Then the mouse took over and computers performed on the basis of clicks, followed by touch screens, which put the hand into direct, tactile control of software and applications. But the future is on our doorstep, and it’s controlled by eye movement.
Yes you saw that right. It may still be a technology in its infancy, but Denmark-based Eye Tribe is giving us a glimpse of how pressing and swiping touch screens and mouse pads could one day be fully replaced by eye motion control.
Every hard-boiled start-up will know the importance of PR. It’s a domain where your company's self-image spearheads every decision, and how to present, improve and spread that image around is certainly a skill in itself. Often this skill involves writing press releases, the most straightforward way to get your news into the hands of journalists.
Editor's note: This is a sponsored post for UKTI
After Plan Brothers won the “Take That Tech To The UK" pitching competition organised by UKTI, they received an establishment package in London which included: setting up a company, getting a business address, receiving legal & tax advice and much more.
We wanted to follow up with them on their international expansion process to learn more about what it actually takes to take the jump.
Boom! Yle, the Finnish broadcasting company with over 100 years of experience and a reach of 5.5 million people is teaming up with us, Catapult and Helsinki Ventures to launch an accelerator program at the end of April. Apply now! The application period ends on the 8th of April and the companies will be chosen by the 17th of April.
Doing business and sales
I’ve done B2B sales in Finland and Germany. I think in Finland an early-adopter mindset and “let’s just try it, measure the results and make a decision then” attitude are common, while in Germany it is rather “this looks interesting, we will talk to the management”. This leaves you wonder – why to discuss so much and not just try it out? However once you are in the pipeline, things execute quicker and it is usually easy to track the progress.
Realm just closed a € 18 M ($ 20 M) Series B led by Khosla Ventures, along with new investor Scale Venture Partners. Less than 9 months after its public launch, Realm is already the 2nd-most deployed database in the world, running on well over 100 million devices!
Taxify, the Estonian taxi booking application successfully taking on Uber in the region, is now available to Windows Phone users. The app has so far launched in the App Store and Google Play, while Windows Phone users could only use the web version. With 15% of Finnish business people still using Windows Phone, it is certainly a way to acquire customers.
When we started Videoly.co, we did not think twice about becoming international from Day 1. Yes, having a team spread in two locations could be challenging, but if you know your co-founders well and if you establish clear and transparent working processes, being present in several target markets multiplies the opportunities.
Berlin is one of the most active startup hubs in Europe. It feels like a big city and a village at the same time. Berlin has several technical universities and is a development center location for major Internet companies (Amazon, eBay, PayPal, Rocket Internet, HERE, Soundcloud). At the same time, it probably has the cheapest average cost of living among western European capitals. In Berlin, a calendar of startup-networking events has no holidays.
THINGS is the first hardware hub to set up office in the Swedish capital, Stockholm. The space will be located in the campus of the KTH Royal Institute of Technology in a 2000sqm, customised house.
World's biggest co-working space to be? The entrepreneurial awakening of Norway’s technology capital
It seems that the significant cut on oil prices has been an eye-opening and a bit scary experience for Norwegians, but the change has also been recognized as an opportunity to create something new. At least in the nation’s technology capital this transition seems to have led to an entrepreneurial awakening – People in Trondheim determinately thrive for the idea that 'knowledge is the new oil'.