
As the year end is closing, we would like to take a moment to express our gratitude and thanks to all of our wonderful sponsors who have supported us during 2009, and wish everyone an excellent and even better New Year.Please have a look at what these firms and organizations have to offer, they a...
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Erply has been one of my favorite companies in the Nordic and Baltic region lately. We’ve covered them before on their Seedcamp tour, first when they were nominated and second when they were announced one of the winners. Erply is an Estonian company that has created a Saas-based offering wh...
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Christmas is here again and I have to say many agree, it always surprises you in how quickly the year has gone. Without getting too sentimental, it’s been a great year for us. We’ve managed to hold 9 events in many of the Nordic and Baltic cities, break stories from the Nordics and Ba...
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There’s more happening in Copenhagen, Denmark than just climate change talks. In 2010 Copenhagen will host two of the more interesting micro-seed investing programs in the region. We all know the London born Seedcamp and what’s its shooting for: To bring together to European startup s...
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A huge group of Finnish old media companies and different organisations are wishing TV-Kaista a Merry Christmas in the form of a lawsuit for TV-Kaista’s service offering, according to Helsingin Sanomat. TV-Kaista has become famous in Finland (and outside Finland as well) to enable televisio...
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I managed to get a fresh load of stories regarding the Finnish startup scene yesterday. While the companies themselves have not made too much noise about these, they are valid to break to keep the system as transparent as possible. There are 3 investment deals and one acquisition offer that was d...
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Suntrica Oy was one of the companies we visited during the Finnfacts Cleantech Blogger Tour 09, and who handed us out an actual product for testing, the SolarStrap. The tech savvy person has usually a few gadgets on him – cellphone, smart phone, PDA, MP3 Player, GPS, etc. – and at som...
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Nokia has sent out some of its new flagship phones, the N900s, to some of the tech and gadget bloggers around the world. Tracy and Matt’s blog received one and have posted a great video on unboxing the phone and taking it into use as well as running through the basic functionalities of the ...
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There’s been a lot of talk lately about angel investing or the lack of thereof, and I think the time is finally ripe for it to raise its head here in the Nordics and Baltics.I just recently talked to Petteri Koponen of Lifeline Ventures, who came back from the first SeedSummit that took pla...
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Planeto, a Swedish startup still in closed beta, has announced closing a 4,5 million Swedish Kronor investment round. The investment was made jointly by Sydsvensk Entreprenörfond AB, current shareholders and angel investors. Sydsvensk Entreprenörfond (SEF) put in 2M Swedish Kronors and the shareh...
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Back in November we visited the Lahti Cleantech Venture Day where we had a chance to see a lot of different companies and people. One of the most interesting ones were Valoya. Valoya is a company working in an industry perhaps not so sexy, considered by most of the people. They are developing pro...
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This week was all about the releases, new products, versions, and, er, some employees. Swedes-in-Berlin based startup SoundCloud launched their App Gallery, and we pronounced it good. Unfortunately, Sulake’s release was in the form of 28 of their employees. Hopefully, when their Facebook ap...
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In an interview with Econsultancy, GetJar CEO Ilya Laurs talked about his vision for apps and how they will take over the internet. We disagree.GetJar is the world’s second largest mobile app store founded in Lithuania offering over 57,000 apps for all mobile devices and serving over 55m downloa...
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Finland’s biggest directory service Fonecta has made an undisclosed “strategic” investment into social yellow pages service Tupalo.com, run by an Austrian startup. Finland marks the beginning of the service’s Scandinavian expansion. For Fonecta, this is a step into getting...
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Music and audio sharing service for artists, SoundCloud, today announced the launch of their App Gallery, “a nice home for all the apps using the SoundCloud API.” In the process they are demonstrating how startups can develop thriving application ecosystems without the “get rich...
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Back in October we wrote about the negotiations Sulake was having with its employees about reducing the work force. The plan back then was to reduce the workforce by 20%, which would have meant something along the lines of 40 people. They ended up sacking 28 people, to cut costs, and thus stayed ...
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Soprano Brain Alliance is a fast growing Finnish software developing company, which is particularly specialized in open source web technologies such as PHP, Drupal and Zend Framework. Our clients include large Finnish media corporations, public sector organizations and a handful of start up compa...
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Global plans to increase the amount of renewable energy will boost the growth of the biomass industry in the coming years. MHG System has developed an open and real-time enterprise resource planning system for biomass/forest energy management. It is a tool targeted at the management and optimiza...
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XIHA Life has partnered with a French company called BlueTeach to enable online teaching at their multi-cultural and multi-national social network. XIHA Life is a Finnish startup that has moved to Switzerland (Update: They’re still registered in Finland). They have steadily grown their user...
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This is one of those issues that is always topical and never gets a clear answer. Why do we comparatively suck so bad at building companies in Europe and especially here in the arctic latitudes vis-a-vis our cousins in the US. In the age of the Internet and ‘born global’ it has to be ...
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The research unit of US Investment Bank Morgan Stanley today released a triple threat evaluation of the mobile internet industry, including a 422-page report, 692-page presentation, and a 92-page “summary” of the aforementioned. There’s just something about speculative research ...
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Guilty as charged. We sometimes need a helping hand from a copy editor here and there, because we are not native English speakers, but want to write in English just because its the global lingua franca. Now there’s Wordy, a Danish startup, to help out. We saw Wordy already present in Copenh...
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Nordic Game Program has had its ceremony in Malmö Sweden where it gave out three million Danish Kronor worth of funding. The program was started by the joint decision between the Icelanding, Danish, Norwegian, Swedish and Finnish Ministries of Culture to promote Nordic games. The program was foun...
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This is our periodic thank you note to our blog sponsors to describe what they have to offer.Brain Alliance is a fast growing Finnish software developing company, which is particularly specialized in open source web technologies such as PHP, Drupal and Zend Framework. Our clients include Sanoma ...
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Today The Finnish Software Entrepreneurs Association issued a press release (here in Finnish) demanding tax exemption for Finnish startups. Jaakko Salminen, head of the Association, argues that the current Finnish tax legislation is not fair for startups in comparison to the BigCo. To fix this th...
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I bumped into LumoFlow some time ago already, but only recently did I get more familiar with it. The service is a nice social collaboration site where you have the basic tools available for working in a collaborative manner. LumoFlow is being developed by Lumo Research, a company that launched th...
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If you’re an entrepreneur in the Northern Europe (and if you’re reading this, you probably are) you should be feeling pretty good about now. For example, growth companies are now the largest employers in Finland, and it turns out working in Silicon Valley isn’t all it’s cr...
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It is nice to be able to write about positive growth stories for a Finnish SME in these times, especially if the company is located in the Cleantech sector and was just established in 2005. Beneq is located in Vantaa and during the Finnfacts Cleantech Blogger Tour 09 we went for a visit, where CE...
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Guest post by Andy Cars, CEO of Seedcap. Andy evaluates hundreds of business ideas each year giving him an in-depth understanding of what it takes to succeed in a global market. Seedcap AB help entrepreneurs and start-ups to raise capital. Here’s Andy’s 10 Mistakes Entrepreneurs Ofte...
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As the region’s reigning consumer web champion, there can never be enough stories about Spotify. And since today they’ve released a verison for Android and some new user & track figures, it’s a good time as any to wonder what the future might hold for them. Especially in lig...
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Steam Republic, a Finnish startup in the mobile space, is focusing on digital fan oriented marketing. They are big in mobile and want to enable bands to control the relationship with their own fans and consequentially make money through that.Steam Republic was previously called Backstage Alliance...
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