Finland

#ActionMatters 2024 edition – Arctic15

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Another warm beginning of the warm Finnish summer – and another warm welcome to the old Cable Factory for the annual Arctic15 startup-investor conference. This story is the annual “vibes collection” from the Arctic15 floor, backstage, DealRoom meetings, official afterparties, unofficial gatherings and most importantly about HI, maybe with some added AI. (Got carried away with the HI, so wrote …

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Cool Startups Pitched in Icy Waters

Oulu, Finland — The Arctic startup event, Polar Bear Pitching, marked its live return after a hiatus of four years. A sizable crowd gathered at Oulu Market Square, while online viewers from around the globe tuned in to witness ten selected startups take the plunge into the Avanto (Finnish for ice hole), each aiming to impress the panel of judges …

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Tech-powered Hospitality Operator Bob W Secured €40 million Series B Funding

Helsinki — In a stride towards revolutionizing the European hospitality sector, Finnish tech-enabled hospitality operator Bob W has announced its Series B funding of EUR 40 million. This round, led by Evli Growth Partners and joined by growth capital investors and prominent European entrepreneurs, including Taavet+Sten, the investment firm of Wise’s founder Taavet Hinrikus and Sten Tamkivi, Flashpoint, and Supercell’s …

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Attending Slush 2023 was brimming with positive vibes

At a sizable booth, Samar Malik was promoting SAP for startups, emphasizing the company’s wealth of knowledge and expertise. It marked her inaugural attendance at Slush, where she commended the event and its arrangements. However, the genuine slush and sleet outdoors left the London resident a bit hesitant. Sami Vuorenmaa recently established his consultancy, Clarinum Insights, which focuses on helping …

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Silo.ai launches at Slush 2023

Silo.ai PORO launch

Silo.ai, the Finnish AI Lab, which is Europe’s largest private AI Lab, made some remarkable launches today at Slush 2023 In short, this is concerning a new platform training LLM’s, PORO1 and 2, with deployment for European languages, with keeping the data also in Europe. But NSN had a chance to sit down with Founder & CEO Peter Sarlin quickly, …

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Slush 2023 Side Events (hand picked by the pros)

Slush is on the ground (even if it’s still snow, and frozen right now). Remembering back to the Slush earlydays, there was this saying: “It’s cold and dark outside, and the coolest developers are inside”. Back then the inside meant Kaapelitehdas aka Cable Factory, and a selected venue for after party. These days Slush is on for a week, and …

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20 startups left in Slush 100 Pitch Competition

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The most coveted pitching competition is the iconic Slush 100. The winner will get an equity investment from the leading early-stage funds in Europe: Accel, General Catalyst, Lightspeed Venture Partners, NEA, and Northzone. These iconic funds have backed historic companies like Meta, Stripe, Airbnb, Snap, Uber, Spotify, Salesforce, Instacart, and Klarna. The race is on and the original amount of …

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Slush sold out again this year 2023

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The eternal flame was ignited in 2008 in Helsinki with a one-day affair made up of around 250 people. Since that the event has grown by leaps and bounds, our goal has stayed the same: the focus is on how best to serve startup ecosystems across the world. As the founders and present employees of Slush organization want to inspire …

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NORDEEP: Nordic Deeptech will save the world

Last week I had a pleasure to join the 2nd ever NORDEEP 2023 Summit, to see and hear what’s happening in Deep Tech scene within the Nordics. The opening keynote insights were given by Risto Siilasmaa, and that paved the way for this 2 days conference for a good crowd of attendees mainly from Finalnd and other Nordic countries. Risto …

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Slush 2022 impressed the first-timers from near and far

As an event, Slush succeeds to impress all the attendees, even those Teflon-surfaced veterans, who have many previous Slushes on their belt. So it is no wonder, that the first-timers are generally astonished what comes to the atmosphere, solid arrangements, and the solid flux of meeting interesting people, especially  new ones. Deirdre Mc Gettrick from U.K. was attending Slush to …

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Slush pitching winner will not receive 1M€

The world’s leading startup conference Slush has decided to revoke the prize funding valued of 1M€ for Immigram, the Slush100 pitching competition winner after its alleged connections to Russia and Russian experts who want to exit their homeland. The company has also a presence in Russia. Immigram and its founders Anastasia Miroljubova and Mikhail Sharonov have created a platform, which …

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Last minute Slush tips

The world’s largest start-up festival, Slush will take place in Helsinki on November 16-17, but Slush isn’t just the official single event. Slush Week, running from Nov 14-18, is loaded with a good variety of Side Events. Plus, and even no Slush Pass will be needed to access many of these events. Side Events are the perfect way to get …

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Action Matters – and mattered – at Arctic15, 2022

Few years ago the tagline (and the hashtag) for #Arctic15 was #FindTheOne. Nowadays it has evolved to #ActionMatters, and at this years LIVE comeback, it was really in the center of the activities. Arctic15 happened in the beginning of June in Helsinki, Finland, where the sun was shining, and a decent groups of over 1000 likeminded souls gathered again at …

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Finnish start-ups present strong growth numbers

The revenue of the member companies of the Finnish Startup Community, founded a year ago, has grown by 62 per cent from last year. The combined revenue of the companies was EUR 3.5 billion in 2021. The growth is expected to remain strong in 2022. “The majority of the revenue of our member companies comes from exports, so the importance …

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Live events are making their comeback: Arctic15 in Helsinki, Finland

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The Arctic15 Helsinki takes place on June, 7-8, 2022. Before the unforeseen pandemic hiatus, the event attracted over 1500+ Startups, VCs, CVCs, Angels, and Investors to get together. For this year, the arranging committee has some realistic numbers drafted: “We aim for 300+ investors, 450+ startups, 150+ corporates, a maximum of 2000 attendees and again – the name of the …

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CTO Survey says that Finnish companies are at the forefront of digital and green transition

Pekka Koponen, Chairman of Spinverse.

Although R&D investments in Finland will continue to grow, some brutal challenges are looming in the future. R&D investments in Finland will continue to grow, driven by public funding. Finnish companies will continue to increase their product development investments in Finland also in 2022. Growth will be accelerated by the green transition, the advancement of digitalisation and the growth of …

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Finland has largest number of companies using AI in Nordics

Silo AI, one of Europe’s largest private AI laboratories, published a comprehensive market review of the use of artificial intelligence in Nordic countries. The Nordic State of AI report, which will be published annually with the Finnish Artificial Intelligence Center and other Nordic artificial intelligence organizations, provides a comprehensive overview of the Finnish, Swedish, Norwegian, and Danish artificial intelligence markets …

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Finland’s Kuva Space raises funding for precision farming and global carbon sequestration from space

Climate change is already strongly changing our environment and the global  food security is beginning to halter. Finnish startup Kuva Space aims to help farmers in precision farming as well as bio asset owners, businesses  and governments get better insight for making effective decisions towards  sustainable farming, carbon binding and reduction of climate effects. Kuva Space is an early-stage spacetech …

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Finland’s Elfys raises €3 million energy efficient wearables

Photodetector company Elfys raises €3M  to ramp up the production for the growing  wearable market that are more energy efficient. The round is lead by deeptech investor Voima Ventures, whose portfolio includes the successful Oura Ring. Photodetectors are sensors of light most commonly used in devices such as  smartwatches or any other worn devices. Now with an increasing number of …

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