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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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How Swedish gaming unicorn King achieves more diversity

According to research by McKinsey, diversity means higher financial performance for companies.  King, the gaming powerhouse behind games such as Candy Crush, works towards inclusion through “nudging”. “There is a direct correlation between diversity and companies’ financial performance,” says Stine Rømmen Andersen, leader for diversity research at McKinsey Norway. At the recent Innoversity conference in Oslo she presented McKinsey’s findings …

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Blueprint Genetics AI-enabled clinical genetic testing gets €14 million boost

Creathor Venture announced this week that it is leading a financing round of up to €14 million for Helsinki-based Blueprint Genetics, an AI-enabled clinical genetic testing company.   Blueprint Genetics is among a wave of Nordic companies using AI within med-tech, including Lytics, Medeye, and Nox Medical. Blueprint Genetics, which launched in 2012, provides clinical genetic testing for the diagnosis of …

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Infographic: How Apple’s Arkit will change AR and VR development

Remember the Pokemon Go and all the hype and fiver around it?  You will be surprised, but the next big thing is already here.  Augmented Reality is ready to be introduced to anyone who owns an Apple device running the iOS 11 this fall. On the WWDC this June, Senior VP of software engineering Craig Federighi announced the numerous inventions …

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Winning with the lean startup model, from Bangladesh to Norway

Heidi Berg and her team was one of the winners of the first round of Ignite intrapreneurship programme. She and Nazmin Neza are now developing Engage, a new business venture, in Grameenphone, Telenor Group’s company in Bangladesh. The goal with our product is to help over one million sales agents in Telenor to communicate better with their customers. “We are …

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Finnish startups attract the most VC funding in Europe

In 2016, Finnish startup and early stage growth companies raised the second highest amount of venture capital funding in Europe when looking at investments as percentage of GDP. The investment amount was almost twice as large as the European average.  Sweden and Denmark are also among the top countries attracting venture capital. Finns can be proud of their rank in …

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CEO of Feedbackly: Mexican companies more open to the cutting edge

At the end of May 2017, Finland’s Feedbackly announced they were planning to expand to Mexico.  Founded in 2013, the company has had success in Europe, where their multichannel customer experience measurement tool has been used by companies such as Kesko, Tiger and XXL Sport.  CEO Jaako Männistö guest blogs about why the company chose Mexico as their first point …

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Danish startup Iver: We reached our crowdfunding goal in less than 3 hours

Nordic design is indeed trending worldwide. In less than three hours the new Danish watch brand IVER Denmark reached their funding goal on Kickstarter with backers from four continents, going well beyond the expectations of the team. Founder Kristian Asbjørn Iversen, shares his insights as to how they prepared for the launch. By Kristian Asbjørn Iversen Launch social media profiles …

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How can the Nordics best compete on the global event stage?

In March 2017, #nordicmade companies took over SXSW at the #nordicmade booth.  With a helpful boost from the Rising North fund, the #nordicmade program included a pitch night, an investor dinner, a partnership with the John Lennon Educational Tourbus and a SaunaBus from Finland. However, it was a challenge for the Nordics to stand out in a sea of thousands …

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Chat Bots are here to stay – but should your company use them?

The purpose of chatbots is to aid in interaction with digital systems. But although the idea for chat bots is as old as the invention of the computer, users are often disappointed by what chatbots can offer. Should your company use chatbots, or should your development resources be used elsewhere? – Reply with “1” for English. Reply with “2” for …

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Tech Open Air to unite 20,000 technologists in Berlin

Now in it’s sixth year, Europe’s largest interdisciplinary festival, Tech Open Air, is uniting the international tech and creative scene in Berlin on July 11-14th after World Tour stops in cities like L.A., Tokyo and Austin, with 20,000 attendees from around the world expected to join.  Tech Open Air (TOA) enters its 6th and largest edition to date with four …

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Infographic: The history of Bitcoin and it’s future

Bitcoins are seemingly making a convincing case for a digitized, decentralized currency, and the world is excitingly falling into the lockstep. If thoughts over bitcoins have ever crossed your mind and evoked a curiosity in you to know it up and close, this infographic is what you’re looking for. Bitcoin is the brainchild of Satoshi Nakamoto, who published a white …

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