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.
Does your business idea tackle climate change? ClimateLaunchpad aims on unlocking Europe’s cleantech potential
Did you miss the submission deadline for our Media Accelerator? In case you happen to have an idea with a sustainable mindset, this might be your chance.
Getting behind the scenes of the television industry, Cannes' MIPTV is one of the largest television fairs where thousands of TV shows and formats are bought and sold over the course of a few days. A few years ago they started MIPLabs to help meet the innovation needs for the industry, and within it launched a startup pitching competition. It's been about a year since we last covered Swedish startup Dramatify, so this spotlight is as good of an excuse as any to mention they've selected as the only Nordic startup presenting in the competition.
Now we truly understand the excitement behind those "we hit our crowdfunding target" press releases that are piling up in our inbox. Today we're super proud to announce we've hit our €15,000 goal for CoFounder Magazine with your help, meaning that we've got enough upfront cash and subscribers to really grow this magazine. Huge!
As Stockholm-based startup Lendify write in their press release, "Sweden, a country famous for its early adopters when it comes to the web, has been lagging behind many other countries on the P2P lending scene."
Peer-to-Peer loans are one of the most talked about sectors in financial tech thanks to banks' tightening of loans since the great recession, which squeezed out access to capital for many organizations. In it's place came startups that allow users to lend to each other, following in a similar "sharing economy" trend of AirBNB and Uber by skipping older institutions. While Lendify is right to say there's a lot of room in Sweden for P2P lending, it's not to say there are no Swedish companies working in this space - Sweden's FundedByMe, a crowdfunding company, is also exploring P2P loans with the crowdfunding angle, allowing businesses to raise cash while investors see a quicker return on investment (compared to an exit years down the road).
While we celebrated Easter, Lithuanian game artist enabler TutoTOONS celebrated 10 million downloads for its games. After winning the last SV2B pitch in October they have doubled the number of published games from 50 to 100, tripled the number of daily active players from 100,000 to 350,000 and set new ambitious goals for the future.
We’ve heard plenty of billion dollar ideas, and as we have recently discussed, the Nordic/Baltic region is pretty good at those. But frankly the good old “Billion with a B” is starting to be a bit boring. How about a trillion with a T?
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.