News

Kúla 3D and Authenteq Awarded Rising Star Award With Thula Leading Fast 50 List

Last week, Deloitte announced the winners of the Rising Star Awards in Iceland, with Kúla 3D and Authenteq winning this year’s title after pitching to a panel of judges at the final event. The other four companies that made it to the finals were Flygildi, Solid Clouds, Dent & Buckle, and GeoSilica. Kúla 3D was founded by Íris Ólafsdóttir, a seasoned entrepreneur …

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VIO – a “Netflix” for magazines

NordicStartupBits.com

Netflix has become one of the biggest online movie and TV show platforms – but what about a platform for readers? Norwegian startup Vio Media is creating a “Netflix” for Magazines. Articles from your favorite magazines gathered in one place. That is the basic idea behind VIO – a digital magazine platform. Vio Media wants to offer readers unlimited digital …

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Danish game success “Subway Surfers” is becoming a TV series

Nordicstartupbits.com

Subway Surfers have been downloaded 1 billion times. Now the Danish creators want to go in a new direction and are working on both merchandise and a TV series about the game. This article was originally posted on Finans.dk. The game Subway Surfers has been a giant economic success for the two Danish game companies Kiloo and Sybo Games, who have …

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Danish-developed “Subway Surfers” reaches 1 billion downloads

Subway Surfers, an “endless running” mobile game co-developed by Kiloo and SYBO Games, has gone from being the one of the biggest Nordic-developed mobile games, to being one of the biggest mobile games of all time. Subway Surfers reached 1 billion downloads last week, a milestone only a few games have ever reached.  The billion download mark comes on top …

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European cloud startups – $100 million is headed your way!

Nordicstartupbits.com

On October 13th Salesforce Ventures, the investment arm of the cloud service giant, announced that it has earmarked $100 million to invest specifically in European startups. Salesforce Ventures has pumped half a billion dollars into over 150 cloud and enterprise startups since 2009.  Though most of those investments focuse on the US, Salesforce Ventures is now getting more serious in …

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Norway celebrates Ada Lovelace Day with record-breaking coding class

NordicStartupBits.com

During Ada Lovelace‘s 200th anniversary Norway led the way with a groundbreaking coding session for hundreds of school girls. Over 200 girls descended upon the Deichmanske, Oslo’s public library, for a packed day of coding.GirlsTechFest took place on the 200th anniversary of Ada Lovelace, the world’s first computer programmer and was part of Oslo Innovation Week, a festival of innovative ideas …

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Trusted identity verification – Authenteq is here!

NordicStartupBits.com

Authenteq, the Icelandic startup, was selected by CTIA Innovation Council Investor Advisors as one of the five most forward-thinking, innovative companies worldwide in the category of identity management. Trusted. Authentic. Identity. These words describe the Icelandic startup Authenteq. Their great vision and innovative technology, that secures interaction between users of sharing economy and eliminate possible deception, made them a part …

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Gelato Group Wins Oslo Innovation Award 2015

On Monday 12th October, the winner of Oslo Innovation Award 2015 has been announced at the Opening Ceremony of Oslo Innovation Week. The Award is intended to highlight the international competitiveness of the innovation ecosystem in Oslo and therefore encourage the building of Oslo´s reputation as a leading, innovative region. The winning company awarded is Gelato Group, a business aiming …

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Good News for later-stage European Startups!

later-stage startups venture capital

Today the London-based Octopus Ventures launches a new $140 million fund to provide growth capital to “ successful fast-growing later-stage companies across Europe”, reports Tech Crunch. Last year, Octopus Ventures revealed it had a $91.3 million early stage funds. Today, they launched a new fund focusing on later-stage startups across Europe. Furthermore, the Octopus Zenith Opportunities II LP (also known …

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Danish cloud-based service is the global leader

Last summer the Danish startup Templafy received 20 million in venture capital to strengthen product integration within their enterprise segment and attract the best talent in the industry. Now, they have opened their North American headquarters in New York, and solve a niche problem in a global market. Templafy is behind a cloud based service which ensures that organizations can …

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Nordic Digital Business Summit – The Business of Technology

Next week, on September 24th, in Helsinki you have the unique opportunity to exchange knowledge and generate new possibilities within Data Center, Cloud and Internet of Things/Industrial Internet sectors by joining the international conference and exhibition Nordic Digital Business Summit.   Anastasia Mc Avennie – Nordic Digital Business Summit Event Director, shares her excitement about the summit: “My inspiration for being …

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Graduateland expands and gets new CEO

Co-founder and former COO Patrick Lund has replaced Jens Reimer Olsen as the CEO of Graduateland, Europe’s largest career network for students and graduates. “The timing is just right,” says Jens Reimer Olesen. With the launch of their new business, Ontame.io, a system that helps recruiters use analytics to gain a deeper understanding of job applicants, the two co-founders of …

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Deloitte’s Fast50 and Rising Star Launched in Iceland

Business competitions are a tricky concept. They are based around the idea of a group of humans evaluating (read: judging) teams and their ideas, and trying to overcome any biases they have in the process. Judges are basically asked to evaluate unquantifiable things with their very human and biased brains. They then make a judgement based on what they know …

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Elon Musk wins the world’s most important design award in Helsingor

From Guatemala to Holland to Singapore: this year’s winners of the “Oscars” for designers come from all over the world to receive the prize in Helsingor. The Index Award: Design to Improve Life is widely recognized as the most important and prestigious design award in the world.  For the past ten years, an international jury has awarded the prize for the …

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Zalando Expands European Tech Operations to Helsinki

One of Europe’s largest online fashion retailers, Zalando SE, is expanding their technology operations internationally by opening a new technology hub in Helsinki. On August 27th they welcomed their new local team to the company. By Dorte Primdahl Møberg Focusing on the development of innovative customer-facing products, such as fashion apps, Zalando aims to boost its fashion platform and increase …

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Product Manager of Airtame: “We made our hobbies into a business”

  Marius Klausen is the Product Manager and co-founder of AIRTAME. His career as a successful entrepreneur had already started when he was 19. Story and photos by Josefine Maria Hansen AIRTAME’s office is on the second floor through a courtyard on a street outside the city of Copenhagen. I will be meeting with Marius Klausen, Product Manager and co-founder of …

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Footballer Philip Haglund wants Veckopengen to teach kids about money

When a knee injury forced footballer Philip Haglund to miss a season for football club IFK Gothenburg, he knew he had to do something different during his time for recuperation. Haglund chanced upon an article that talked about how as a society we were moving away from cash-based transactions to paperless or digital money. Haglund realized that along with such …

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Swedish Tictail picked up a record SEK 190 million in Series B

The Stockholm-based e-commerce platform Tictail raised close to 190 million SEK last week from a clutch of existing and new investors. In what can be dubbed as the one of the largest venture deals this year for the Nordic Startup community, Swedish e-commerce major Tictail has just closed a financing round of $ 22 million, which is about 190 million …

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Google’s “popular times” may actually help Nordic Startups

What it was doing on traffic information, Google has now gone on to provide similar data w to provide information on the busiest times for a local business near you.  According to Google, the idea is to provide consumers with information that would help them avoid long queues and plan out the best time to go grocery shopping, pick up …

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Klang Games Closes Seed Round with London Venture Partners

Last week, leading games VC London Venture Partners (“LVP”) and Klang Games signed an investment agreement  to back the gaming company’s future projects, including the upcoming mobile and tablet game, ReRunners. LVP will not only be financially investing in the game developer but also offering valuable knowledge of publishing within the gaming industry. Oddur Magnússon, Developer and Co-Founder of Berlin-based Klang Games, commented: “We …

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