The Norwegian social delivery service Easybring has announced that after a successful launch in its home country it will be bringing its cheap environmentally friendly platform to the rest of the world.
The London-based startup with Estonia's Skype roots, Transferwise, announces it has raised $25 million from Peter Thiel’s Valar Ventures, Index Ventures, Sir Richard Branson and other investors. The company hints it will be using the funding to expand consumer awareness of their product, which allows consumers and businesses to exchange and send money cross border using much cheaper exchange rates than what banks offer. Since launching, Transferwise has raised $33 million.
As Trendsonline reported, the Danish government is planning to introduce new tax deductions which favor startup investors as a part of the 2020 plan. A new company tax deduction will make it easier for small enterprises to obtain venture capital by making the company more attractive for investors in the project proposals and business plans.
MAG Interactive, the Swedish creators of the hit wordplay game Ruzzle, have a lot going on these days after raising a $6 million funding round last November. They have now launched Ruzzle Adventure on iOS and Android in hopes of taking what worked with Ruzzle in more of a single player setting, where rather than just throwing static boggle-like word puzzles at you for you to compete against your friends, the game takes on the "Adventure" storyline where you progress through stages, with each stage segment unlocking something new to throw into the word puzzle. In the gameplay, swiping words takes their letters out of the puzzle, with new letters for the game board dropping down from the top.
Summer has opened it’s doors and the sun’s shining outside (at least it was earlier today). Friday work hours are getting closer to the finish line with every passing minute and you’re probably thinking about your soon-to-come weekend activities.
In the meanwhile, let’s take a quick look at the jobs the region has to offer. Remember, we’re only scratching the surface here, to see the full list of the available job offers, head on to our jobs board.
A panoramic gaze around you spoke for itself: the large space was packed with audience, only a few vacant seats within the rows of chairs left scattered here and there. A good deal of people had found their spots alongside the mezzanine that encircled the room from above, leaving the spiral staircases that connected the two levels equally occupied. All eyes we’re fixed on the stage.
That was pretty much the description of how the Startup Sauna Spring ’14 Demo Day looked like at the startup sauna co-working space two days ago. Just like the first batch announcement four years back, this Spring's demo day included keynotes, pitches and of course a steady flow of beer.
In the small university town of Trondheim, Norway, some NTNU students formed a gaming company, Dirtybit, and managed to capture some lightening in a bottle with FunRun - the multiplayer side scrolling racing game that got over 40 million downloads and topped App Store charts. In FunRun you had to pilot your cartoon character on a sidescrolling racetrack while dodging barriers in the road and attacks from other players. The game was unique for allowing real-time multiplayer racing, something not really seen in 2012 when the game launched.
On Tuesday evening ten start ups from across Europe gathered in Espoo, Finland, for the second of eight pitching competitions organised by EIT ICT Labs. ‘Idea Challenge’ is the title under which the competitions take place and each event has a specific topic. Finland’s was ‘Smart Spaces’, and the ideas on display were varied and fascinating, with the judges having a tough time picking the eventual winners.
Movies are going online, games are online, social interactions are going online. Why should sports be any different?
Editor’s note: this is a sponsored post by UK Trade and Investment
What’s the worst possible working space you can think of? I'm thinking Ricky Gervais’ The Office, but hey there's plenty of workspaces that fall under the no-good category.
One thing's for sure, London has plenty of bad but also plenty of amazing offices.
Last time we dug into how you should spread your wings once you set foot on London ground with your startup, so this time we felt like it's time to take an actual peek at the impressive office alternatives you can get with money, brain or a combination of those two.
For a startup dealing with logs, Timber Diameter has pulled off quite the impressive run through the past year. Winning a couple of rather intensive competitions against more than a hundred other startups got them seed funded and on national television. Since the business they find themselves in is global in a different sense of the word when compared to the usual internet startups, Timber Diameter has potential penetration in areas like Tanzania.
Timber Diameter started 15 years ago. Not literally of course, but the seeds of it’s birth were implanted in the mind of Vallo Visnapuu when he first started running a sawmill. Year after year he occasionally gets one of those “difficult” customers, with whom he has arguments concerning the volume of the merchandise. You see, apparently there are basically three ways of coming up with the volume of a large pile of logs: laser, ruler or your own pair of good ol’ eyes.
Mobile games company Chroma Studios from Copenhagen have secured $300,000 seed funding from Capnova, a Danish investment and development company. The investment sounds like a bold move, given that it is to a company that will be making their first title with the finances, but not quite as bold as Chroma Studios own ambitions. They’ve announced that the title will be a ‘Candy Crush killer’, how are they going to pull that one off?
Facebook has now acquired its second Finnish company in the past few months, this time grabbing Pryte, a Helsinki-based tech company that allows single-click buying of mobile data on a per-app basis. By doing so, telecoms in emerging markets can just provide the exact amount of data for the apps that users want, rather than bundling data in bulk. Bringing the costs down for internet in emerging markets fits into Zuckerberg's internet.org mission to bring internet to the "next 5 billion people".
This past April Facebook acquired Moves, a Helsinki-based fitness and activity tracking app.
Between all of the networking sessions, startup pitches, demo stands, and one-on-one meetings, there were a ton of great talks on the two stages at Arctic15. For all of our readers who didn’t have a chance to attend--and for the attendees who may’ve missed a few of the presentations they hoped to catch--here are some of the key takeaway points from a few of the talks.
This is just a brief glimpse into the many valuable discussions held at the conference. So if you want to add some insight from your own favorite talks, share your thoughts in the comments section at the end of the article.
Startup The Fusion is looking like it's going to play a good host to Nordic entrepreneurs down in Madrid on the 26th and 27th of June. Hosted by Silicon Karne along with Slush, they're getting together 300-350 people including international tech media, investors, Rovio folks, and Real Madrid's digital people.
A little more than two months ago we announced Swedish entrepreneur Peter Sunde’s candidacy in the European Parliament. Unfortunately today’s news are a little grimmer: Peter Sunde, founder of notorious The Pirate Bay and less notorious Flattr and Heml.is, has been arrested in Sweden after two long years as an Interpol fugitive.
Not to be proud of my ignorance, but I don't understand Japanese. Looking at our Google Analytics traffic details, it seems most of you don't either, but that doesn't mean we can't enjoy these new Clash of Clans TV commercials hitting the Japanese market:
Nikolay Evdokimov is a Russian serial-entrepreneur whose name might be one worth memorizing in case you ever find yourself in a boozeless dinner table full of Russian investors and you need a tension breaking topic to discuss about.
One of the things that fosters a healthy and active start up scene is a good pitching competition. It’s a space for new ideas to get aired and face the test of public opinion, plus for the winners there are prizes that can offer money, office space, coaching and exposure. There are many such events taking place all over Europe throughout the year and one coming soon is betapitch | copenhagen which is open to applications right now.
So right after Arctic15, we decided to take some of our speakers to the worlds most northern point with a permanent population - Svalbard. Basically to see polar bears, do some dogsledding and see the most remote Russian towns, including the worlds northernmost Lenin statue.
Yet, we were there looking for some sort of a wow-factor. We even created a fake picture of a polar bear using a stuffed toy (see below).
With 10 minutes left until take-off, there was no story. Then my internet went down on the phone. This was followed by all the screens in the airport changing to 404 error messages.