News

A step forward for mobile app development with launch of Realm Mobile Platform

Realm,  a Danish Startup making responsive applications, has announced the Realm Mobile Platform, the mobile database powering the world’s most responsive applications.  In short, they can now deliver live data synchronization to between users. This is a step forward in the world of mobile app development.  If a company wants to create an app that includes, say, real-time messaging, they …

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Guaana to distribute 10% of company to 100,000 scientists – for free

Tallinn-based scientific collaboration platform Guaana is giving out 10 percent of the company to users for free, hoping to involve them more tightly in its quest to define a new, universal format for scientific projects. The effort has a similar to target to many equity crowdfunding campaigns on platforms like FundedByMe or Invesdor where startups sell equity not just to …

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Swedish Innovation Compass acquires seed-funding platform SeedFundIt

Swedish Innovation Compass is the app helping entrepreneurs, researchers, and innovators to navigate the innovation support system in Sweden. The user is guided to everything relevant from venture capital, business incubators, government grants and more. After going through Lund University’s accelerator program, the app is sitting at over 5 000 downloads and now has a web version too. Recently, they …

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Creandum backed Peak launches mobile-first brain training app

Peak, the successful UK-based brain training app, backed in part by Creandum, has launched in Norway, Denmark, and Sweden with localised versions to the native languages of each country. Peak is the app that trains your cognitive function with challenging and fun games, exercising skills such as memory, focus, attention, problem solving, and mental agility. They also offer non-traditional games …

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Sproom aquired by Visma, but will maintain independence

The Danish electronic invoicing startup Sproom has been acquired by Visma. The acquisition is part of Visma’s strategy to become the Nordic leader in e-invoicing. Sproom is a digital trading platform that automates and optimizes difficult and tedious billing work – the work that bigger companies have full-time employees to perform and that small business often lack the resources to …

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5 Reasons to join Startup Fest Europe

Startup Fest Europe takes place in the Netherlands from 24 – 28 May and aims to bring the world together and help startups grow faster. With more than 28 events will take place in 14 cities across 5 days, Netherlands will transform into the center of the global startup community. These are the hard facts. The real fun is to …

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Former AirBNB executive to bring Reshopper to the world

Reshopper helps families to recycle items such as clothes through their platform, which joins local buyers and sellers.  Now, former AirBnB manager Aja Guldhammer Henderson has joined Reshopper to help them flourish abroad. For last four years, 31-year-old Aja Guldhammer Henderson has been a key figure behind the sharing economy-success of AirBNB in Scandinavia and the Netherlands.  She has now …

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InfoShare 2016 will showcase CEE region as tech and new media hotspot

InfoShare 2016 is the biggest tech and new media conference in the entire Central and Eastern European region. For the 10th year in a row, the event will take place in Gdansk, Poland, from 18-20 May at the Amber Expo, the biggest expo center in Tricity. This  event brings in over 5,000 worldwide participants and 100 speakers spanning the entire …

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Planday closes $14 million investment

The Danish startup Planday has closed a $14 million (DKK 93 million) investment lead by the  Indinvest and Sweden’s Creandum. The investment will be used to strengthen Planday’s growth in the US and UK – and build more presence in the European market. Planday has developed an online roster planning system for all types of businesses who use a flexible …

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The Nordic Startup Awards reveal 2016 shortlist

Scandinavia’s biggest awards show for startups, the Nordic Startup Awards, has published their shortlist for the best startups of the year out of 740 nominees. In May, the Nordic startup ecosystem gathers to pay tribute to the biggest stars in the scene.  Promising businesses, entrepreneurs, and community builders are honored with awards such as Startup of the Year, Best Newcomer, …

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Despite taxi drivers protest, Nordic Startup Conference goes off without a hitch

On March 18, Copenhagen hosted this year’s Nordic Startup Conference, lead by Tech Nordic Advocates.  The event aimed to stimulate the growth of startups and scaling by bringing investors, business leaders, and startups together in one place, to create a collaborative environment. “We are very pleased to be joint co-hosts for the Nordic Startup Conference, which is an important step …

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The proportion of women entrepreneurs in Denmark falls

According to new figures from the Danish Business Authority, there has been a positive development in the actual number of female and male entrepreneurs from 2014 to 2015. But at the same time, the number of male entrepreneurs increased significantly more than the number of female entrepreneurs. Entrepreneurship is growing in Denmark, and the number of entrepreneurs has been steadily …

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Haxi wins lawsuit in Norway – not in violation of transport laws

Norwegian startup Haxi has been given the green light to continue operations.  The court has ruled that the startup is not breaking the law, and can therefore continue to run their shared transport service. Haxi has won an appeals trial in the Norwegian Court of Appeals, following a police complaint on the “pirate” taxi company in 2014.  Three of Haxi’s …

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The Cloakroom goes global, stays local

The Cloakroom, a Danish startup specializing in providing men with an online personal shopper, has been acquired by the similar German company Modomoto. The Cloakroom, founded by Kasper Brandi Petersen and Asbjørn Jørgensen, works by putting customers in touch with a personal shopper, who will select outfits that are sent to the customer.  The customer can then select the items …

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Journalism failed – not Bitcoin

Mike Hearn, one of the core developers of Bitcoin, recently wrote a Medium post in which he publicly announced that he will no longer be taking part in Bitcoin development and that “the bitcoin experiment has failed.” A New York Times article soon followed, and then countless other journalists joined in, echoing Hearn’s remarks without attempting to explain the highly …

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Nordics rank high on Bloomberg Innovation Index

Bloomberg has released their annual ranking countries based on their ability to innovate in six equally weighted metrics, and all of the Nordics placed in the top 30. Sweden ranked highest in 3rd place, with Finland and Denmark in 7th and 9th place, respectively.  Iceland ranked at number 28. The economies were scored on 6 equally weighted factors including research …

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Are you a Nordic startup? Want a free trip to San Francisco?

STARTnordic, is organizing a cross-country collaboration for the greater good. The project aims to create a framework that will better enable potential high growth companies to reach unicorn levels of success, and consolidating the small Nordic countries into a single regional powerhouse. As part of this initiative, STARTnordic is providing free flights and accommodation to San Francisco for the LAUNCH …

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Investment in Iceland saw record high in 2015

A Nordic Web Report on Icelandic tech and startup investments in 2015 shows a staggering 1,568% growth in year-on-year funding from 2014 to 2015. Number of investments rose from seven to seventeen. This massive growth in funding is mainly fueled by three big investments: Verne Global’s $98 million (~12.7bn ISK) Series D round in January, Carbon Recycling International’s $45.5 million (~5.9bn ISK) …

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Denmark best country in Europe for entrepreneurship – or is it?

According to the 2016 Global Entrepreneurship Index, Denmark ranks as the highest country in Europe and is number four worldwide, after the United States, Canada, and Australia. This means Denmark is in the top 5 performing countries globally, moving 2 places up from 2015.  But what is Denmark is doing better than other countries? Education is the way forward The …

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Bitcoin was the best-performing currency of 2015

After a turbulent year that saw markets riled, commodities plunge, and currencies wither against the dollar, many expected the American dollar to come back out as the top currency in 2015. Instead, the cryptocurrency Bitcoin is being heralded as the best performing currency.  Does this mean everyone is poised to get on board with bitcoin?  Not yet. On the face …

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