Norway

This analysis of Q3 investments in the Nordics is based on a combination of publicly available and proprietary data gathered by Index. In Q3, tech startups based in the Nordic countries collectively raised $296.5 million in 73 rounds. This falls short of Q1 for the region by 21.9 percent. Compared to Q2, it comes in significantly lower ($812.8 million total) …

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 …

Crowdfunding as a fundraising method has had tremendous momentum in recent years, with multiple platforms competing for the multi-billion dollar pie.   What does the future hold? Crowdfunding as alternative finance has been on the rise for the past few years, with around €710 thousand being raised in 2010, €14.4 billlion in 2014, and an estimated €83 billion in 2025, …

While a lot of effort goes into marketing and advertising to get new customers to buy a product or service, companies somehow do not share the same enthusiasm when it comes to providing a good experience. However, in a world where traditional monopolies are being broken by new age innovations, retaining customers is increasingly rising in importance. Companies, both startups …

While getting ready for Oslo Innovation Week, Oslo Business Region hosted a startup day on “Thinking big, think global” last Thursday. CEO of Innovation Norway Anita Krohn Traaseth was the main speaker, and more than 300 entrepreneurs attended. The key message from Anita Krohn Traaseth, the CEO of Innovation Norway, to the 300 plus entrepreneurs and innovators joining StartUp Day …

StartupLab Oslo is home to Norway’s – and the world’s – next big innovations. It’s my first visit to Norway and on day one I already felt at home. Had my ancestors made different life choices over a thousand years ago I would probably be happily living in Oslo today. It feels like a larger and more diverse version of …

The Norwegian Startup scene is buzzing like never before. And just this spring Norway, for the first time, had more to celebrate than our neighbours at the Nordic Startup Awards. This article was originally posted on Angelchallenge.co A feat unimaginable just a year ago – and leaving some of the worlds best Startup ecosystems, i.e. Sweden and Finland, in the …

One of the biggest payment companies in Sweden, Bambora, has bought the Norwegian startup dSAFE. dSAFE was created in 2009 in Trondheim by four engineers and has now more than 5000 customers in the North, such as XXL sport & Villmark, Bunnpris, Expert, Gmax, and Euronics. “From the beginning our main focus has been to offer the best possible experience …

Jeanette Dyhre Kvisvik, founder and CEO, merged Instagram-like sharing with online shopping, launching globally at New York Fashion Week. Originally published in #NordicMade magazine. The Vikings are back: After penetrating the Norwegian market, Sobazaar is ready for a name change and to conquer the US market. “Sobazaar is Instagram for fashion lovers – with a buy button,” says founder and …

Ivar Sagemo, CEO of AIMS Innovation, finds anomalies in complex IT systems. Originally published in #NordicMade magazine In comparison to how most startups are born, the beginning of AIMS Innovation was different. At first there was  innovation – in 2011, two scientists at the University of Oslo came up with a technology to detect patterns. Then the  Technology Transfer Office …

On September 3rd, 20 startups went on stage at Oslo Science Park and pitched their companies and recruitment needs to over 200 potential employees. For a second time, StartupLab.no opened their doors and welcomed 20 of the most promising Norwegian startups and a bunch of potential employees to an evening of meet and greets. After the pitches, refreshments went on …

With his background in developing SMS services, Daniel Döderlein was annoyed by the fact that money could not change hands as easily and quickly as sending a text message. Döderlein decided to figure out why. The idea of sending and receiving money instantly using your mobile phone came to Döderlein in the summer of 2006, about a year prior to …

I’m standing in the foyer of the Innovation House in Gloucester, MA. In the kitchen to my left people are cleaning up after lunch and starting preparations for an afternoon garden party hosted by Vivaldi later that day. Located in a beautiful 18th century mansion north of Boston, the Innovation House is locally known as the White House of Magnolia. Hosting visitors …

Crypho is a privately-held Norwegian company that builds encrypted real-time communications solutions for the web. I have heard several times the words security, hacker, internet not safe anymore, unsafe data transfer, virus and antivirus, unknown IP, etc, etc. and etc. again. And when I was beginning to feel a bit uncomfortable,  Crypho and the name Geir Bækholt came to me. …

When a new venture shakes up the way an entire global market does business, the question arises: They have proven that things can be done differently so what are they going to do about it? The Norwegian startup Xeneta has a vision for the future of the global freight trade market, and there are a few challenges they need to …

Garage Technology Ventures, Norway’s StartupLab, and Silicon Valley-based MAD-Partners announced earlier this month the launch of Silicon Valley Catalyst, a new joint venture to fund and grow brilliant emerging European technology companies that are ready to launch in the U.S. The collaboration brings together a team of experienced Silicon Valley and Nordic venture players to provide investment capital and intensive …

The outdoor adventure app TurApp wants to be the number one of its kind in the world. The Norwegian startup has had an amazing start, and is just about to expand to new countries and introduce their new improved 2.0 version of the app. By Cristian Morales and Christina Klavsen TurApp is a digital tool that puts outdoor regions and national parks …

The incubator Startup Lab is housing more than 60 fledgling companies – Norway’s most ambitious technology startups. A few month ago I wrote an article about the Startup Scene in Oslo, where I mentioned how gladly surprised I got discovering an amazing eco-system of organizations facilitating for innovation. I remember, while I was diving into the big ocean of possibilities, discovering …

The Nordic One project strives to create an ecosystem for young and experienced entrepreneurs alike with a focus on international growth from day one. Starting a company is a daunting task, no matter which market one starts out in. But being from a city in the Nordic region that would be considered a town in the US – perhaps a …

Zpindler is a new platform to capture, play and share interactive video. Using natural interfaces they break the static rules of video as we know it. Video has evolved and changed a lot the past years. Evolving smartphones combined with high speed internet enable multiple ways of creation and consumption of video. New tools enable extreme creativity and engagement. We …