Swedish startup Kodiak Rating on the challenges of bootstrapping

Kodiak Rating, headquartered in Stockholm, Sweden, has been up and running since 2014, offering cloud-based services and apps to enhance the way companies manage sustainable relationships with suppliers globally. Today, they boast customers within the Nordics such as Perstorp, Bravida and Höganäs – aiding global procurement teams to enhance supplier relationship management and responsible sourcing through a digital platform.  They …

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Q & A with Didrik Dimmen, co-founder of Norway’s FlowMotion

Didrik Dimmen helped co-found FlowMotion ONE, a smartphone stabilizer that was successfully crowdfunded on Kickstarter earlier this year.  They recently took home the “Best Newcomer” award at the Norwegian Startup Awards, and have built a passionate global userbase. We caught up with Didrik to ask him a few questions about his entrepreneur journey and the Norwegian startup ecosystem. What is your most …

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After applying for EU banking license, Revolut announces launch in the Nordics

In early November, the London-based fintech firm Revolut announced that it had applied for a European Banking License and was building its own in-house payment processor.  The company is now pursuing its vision of building a global banking app, and has announced they are launching in the Nordics. Nordic consumers will now be able to open an app-based current account …

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Crowdsourcing Week 2018 to take place deep in the Arctic Circle

 CSW Arctic // Europe 2018 will take place in the quiet wilderness of two unique Swedish locations deep in the Arctic Circle: Luleå (20-21 March) and Vuollerim (22-24 March). Besides its breathtaking untouched nature, the captivating Northern Lights, traditional teepee dinners, and dog-sledding, Sweden is also recognized as a nation at the forefront of the sharing economy. Next to many …

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TradeIX, backed by Norway’s Kistefos, brings Blockchain technology to executive suites in the Nordics

It is surprising how long it takes for the market to drive innovations in finance modernization and digitalization. Today, many would argue that the flow of information and finance along global supply chains is still using inefficient and outdated solutions with a fair amount of manual and paper-based processes as well as numerous intermediaries to provide trust and security. By …

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New virtual career fair seeks to boost Nordic talent acquisition

Companies will relocate outside of the region without access to highly educated employees. The Nordicmade Career Fair is an unique initiative that aims to attract talent and keep Nordic startups within the region. Getting the right talent is a hurdle all companies face, but some are concerned it is especially difficult in Denmark. According to a report from Dansk Industri, …

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Want to attend Slush? Valuer is giving away 100 free tickets

At the end of this month at the Slush conference in Helsinki, the Danish startup Valuer.ai will be launching its new platform. Their new matchmaking tool will connect corporations and investors to the startups that best match their needs and interests. Valuer was founded in February this year by Daniel Laursen, previously founder of Trendsonline, Dennis Poulsen, former co-founder of …

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An experienced “godfather” for a prospective founder? Founders of recent Finnish startup successes want to help newcomers past early-stage pitfalls

Recently successful Finnish startup entrepreneurs have founded an investment and consulting company in order to help fresh, potential founders direct their efforts more productively and avoid easy mistakes. Start Here Ventures offers starting teams support, hints, valuable contacts, as well as a financial investment – preferably already before the registration of the company. By Tuure Parkkinen Each qualified team gets …

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Denmark’s Autobutler goes live in France

Unlike the retail & travel industries, the car repair market has yet to benefit from a digital, transformative wave to facilitate and simplify the relationship between car owners & garages. Autobutler positions itself as a catalyst for this transformation. “An increasing number of car owners use digital garage portals when searching, comparing and booking online repairs. Since many garages are …

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Nordic VR: A dive into the Finnish VR ecosystem

Augmented Reality (AR) has been around for a long time but is now gathering momentum as smartphone processing power and internet connectivity speeds have increased whilst consumption costs have declined. Major mobile handset manufacturers support Apps with AR functionality and future experiences will be embedded in handsets and available ‘out of the box’. In addition to Apple and their ARKit, …

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Danish app saves lives in refugee camps

The two Danish NGOs, the Children’s Fund and the Maternity Foundation have just received 4.2 million kroner to reduce the number of mothers and infants who die during and after birth in refugee camps in Ethiopia. The Danish-developed Safe Delivery, developed by the Maternity Foundation, will provide 50 local midwives in seven Ethiopian refugee camps with clinical training and teaching …

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Infographic: Global free zones

Free zones are specific areas located within different countries where businesses operate under different tax laws separate from the rest of the country. Companies who are doing their business within free zones are usually taxed very lightly or not at all. Today, such areas are developed globally and they are located around seaports, airports or areas with strong strategic placement …

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Finland is top Nordic destination for foreign direct investment

Finland continues to be the most attractive Nordic country for securing foreign direct investment (FDI) projects with 133 ventures commenced in 2016. This is the fifth consecutive year Finland beats its neighbours in attracting FDI projects. According to the Attractiveness Report 2017 by EY, Finland seized 41 per cent of FDI projects started in the Nordics last year. The secured 133 …

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