Hey technical folks: check this out. This April the first, second and third, Nordic APIs is going on tour to Copenhagen, Helsinki, and Oslo with half-day events. The goal of the event is to discuss both Private and Public APIs, best practices, and other deep knowledge into how you should pass data around.
Last fall I attended a NordicAPIs event in Stockholm, and even though I was pretty clueless to the finer points of REST and SOAP, I still met good contacts, found the speakers interesting, and the event well managed. For you folks debating your API strategy, you should get even more from it. For the buzz from that last event, check out our post here.
Tech geeks who like to be the center of attention are always interested in high performance speakers. The markets have many variations of these boom blasters, but Finnish startup Unmonday launched their multi-channel ceramic wireless speaker some months ago.
Since then, the speakers have gone along and prosperous journey filled with positive reception and now, well, within a few days, we can expect to see them retailed in selected Apple stores around Europe. Apple has highlighted their liking to the speakers and this might take Unmonday far indeed.
Time is money, but so is data, at least when it comes to commerce. When collecting end user/customer information, it’s good to understand how fundamentally different data collection is between online and offline customers. E-commerce simply implements analytics and follows consumer activity and the result is raw knowledge which can be used for development, unlike brick and mortar retailers who deal with customers in flesh and blood. This requires hardware, and hardware means more hassle.
Helsinki based Innorange specializes in the latter. A week ago they announced three significant changes in their company; A new CEO, a new board and a closed €300 000 investment round from private investors.
There’s a colourful selection of video messaging apps available, each of them having their own speciality; Just to name a few of the bigger players out there, Oovoo offers group calls for social animals, Tango combines IM, chat and video messages into a tight package while Camfrog connects you with total strangers.
Finnish ClipMe has a speciality of its own. As an application it’s more shifted towards recreational than practical use but that hardly defines how popular the app turns out to be.
Yesterday the whole ArcticStartup team hopped on the ferry to Tallinn, crammed the five of us into the smallest model Lexus, and drove down to Riga for Tech Chill Baltics. Today we're busy watching keynotes and meeting up with the Baltic startup scene, so we've embedded the BuzzTale feed with all the pictures, tweets, and videos selected from users of the app.
BuzzTale is based in Latvia, participated in Helsinki-based Startup Sauna in Fall of 2012. Keep up with the feed below!
Years ago, institutional investing was a slow process where people would put in trades partly whenever they think the timeing is right. But looking at it today, the investment scene is dominated by algorithmic trading where machines can move faster and smarter. The same thing is going on in the web-advertising space, where advertisers are fighting over the most bang-for-their-buck when getting their adds in front of eyeballs instead of dumbly clicking "buy ad" in Google Adwords.
When we were doing our Baltic investment overview last year, it was actually quite difficult to find investments into Latvian startups. Recently, however things have been picking up speed with investments into Froont, Fastr & Ask.fm.
What year is this? Early 2012?
Well. We're catching up to the present day by getting ArcticStartup responsive. So fire up those Blackberries and iPad 1s and head on over to your favorite record of Nordic and Baltic startup news. It's going to look hot on your device.
Estonian start up GoWorkABit has entered Seedcamp, successfully pitching themselves at the first Seedcamp event of 2014 in London. They were competing against 19 other start ups from across Europe for one of the coveted eight places available, and were the only Baltic startup to make it.
Gotta love Finland, as even private companies publish their financials yearly and we get a sneak peak at how Supercell is doing. It is no doubt that they were making a lot of money, especially with some guesses thanks to the recent hack.
Helsinki based VC Vision+ has set their eyes on China where big dreams, if successful, turn into even bigger profits. Last year they hit our news with a fresh €50 million to pump into promising companies. Their more than colorful portfolio includes everything from Manga distribution to movies starred by Samuel L Jackson.
Big exit news in the Baltics: Lithuania-founded GetJar has reportedly been acquired by Sungy Mobile Limited, a Chinese company behind Go for Android and a top publisher of applications on the Google Play store. The news broke over at GigaOm, and according to their sources, Sungy paid over $50 million for the company. GetJar has raised $42 million since being founded in 2004.
Today we're really excited to announce our conference, Arctic15: Exit Path.
Taking place just before the start of summer on May 27th and 28th in Helsinki, ArcticStartup and our event friends at NiceUp are putting the right people together in the room with an solid program designed to provide our readers and our region with value.
Finnish Industry Investment has raised a total capital of €130 million is the first closing of their new FoF Growth II fund. Major contributions totaling up to €70 million include Ilmarinen, Keva, Elo and the State Pension Fund.
The FoF Growth fund will invest in approximately 10 funds between the years 2014-2018. Evaluations from the the previous fund, the FoF Growth I, give these funds the potential to go as high as €1 billion in value.
3D printing is far from being science-fictional these days, quite on the contrary, its evolving as a technique through technological breakthroughs and its one the fastest growing markets out there. 3D printing has shifted from prototypes to actual manufacturing, with companies like Lithuanian CGTrader in the front line to make three dimensional product design globally more available.
One thing that many startup founders do not think about are the legal costs of closing a seed round. Why is this significant? Because it can end-up being a much higher proportion of the deal than you can imagine. For instance we wrote earlier about Dexplora, a company where the legal costs of the round were higher than the total cost of producing the app and the system. Not surprisingly then, the co-founder of Dexplora (now Brisk.io), Hampus Jakobsson is one of the investors in DealCircle, a company that is aiming to solve this very problem.
The variety of data out there is colorful, but most personal data comes in the form of emails, private messages in social media or simply work related files stored in clouds and hardware. In a great majority of these cases, online personal data and information is accessed with passwords, which are usually memorized by the users themselves. Considering the sheer amount of service providers out there, it may very well be that you are in possession of several different passwords (unless you use the same password for everything, which isn’t a good idea). This can prove to be troublesome; most us of know what forgetting a password feels like. That’s problem number one.
If I told that there is a brand new startup that puts an app on your phone that forces you to answer surveys, while giving you a few euro's as a reward, would you think that this can potentially a huge success in the future? Probably not. Yet, this is exactly what I am going to argue for a Finnish based Palmopinion.
We’ve covered 23 and their complete video content management service in the past and been impressed by their simple price plan and with the quality of the analytics that get returned to marketeers. Yesterday they released a new free feature they have added to their service called Actions that they say will make their videos more interactive.
Simulation games have gone a long journey from simple 70's evolution simulators, such as John Conway’s Game Of Life, to flight control simulators, like the 747 training cockpits for future pilots. The purpose of simulation is simple; to virtually create life-like conditions for educational purposes (and recreational I guess). The benefits? Risk factors are zero, as no actual damage can be done, which helps users to learn from mistakes and success alike.