There was a time when if you wanted something done affordably and efficiently you would outsource it to somebody else. Outsourcing is of course still common place in many areas of business. But crowdsourcing is quickly rising in popularity, and can replace virtually anything traditionally outsourced. Crowdsourcing is most popularly used in a few categories: Crowd Voting. Using the crowd to …

Last week, Helga Valfells, CEO of NSA Ventures in Iceland, along with two of the funds’ investment managers, Jenny Ruth Hrafnsdottir and Hekla Arnadottir, announced that they have left NSA Ventures to start their own VC fund, Crowberry Capital. According to the team at Crowberry Capital, NSA has been reviewing its’ investment strategy since 2012 and will now become a …

Slush, the largest startup event in the Nordics, took place in the “death month” of November in Helsinki. With over 15,000 attendees comprising 1,700 startups, the array of new companies and technologies can be dizzying.  From the SLUSH 100  pitching competition to the 240 demo booths, here are 5 startups that caught our eye.   FairStart FairStart is a startup …

In May this year, Nordic Startup Bits writer, Thorunn Jonsdottir, was at infoShare in Gdansk listening to Kaspar Korjus, who’s leading the e-residency project on behalf of the Estonian government. She was intrigued and decided to apply. Three months later, after applying online and appearing at the embassy of Estonia in Berlin, she had her e-residency card. But what exactly …

This weekend, the Danish entrepreneur prize “Den Gyldne Fugl”, or the Golden Bird, was  awarded at Aarhus University. The winner was RaskRask, a platform for on-demand health-oriented massage, who previously offered on-demand physiotherapy.  The market is always right. That was the reason for the shift in focus that Raskrask.dk performed this year. They pivoted from an on-demand physiotherapy platform to …

It can be hard to keep fresh content in front of your audience – especially in the fast-paced world of social media.  skilled.co has put together a massive treasure trove full of social media statistics, tips and tricks – 115 of them. So, read along and take a look at the social media statistics infographic to learn a thing or …

ll the regional winners competed Friday in Kuala Lumpur in Global Startup Awards finale. The winner of this year’s co-working space went to Denmark’s Rainmaking Loft, while the host country took the prize as Startup of the Year. Global Startup Awards started in 2012 in Scandinavia as the Nordic Startup Awards – since at that time, they only covered the …

Slush is finished and if you’re anything like most people you felt overwhelmed by the sheer number of possibilities: from exciting startups and world-famous experts, to inspiring talks and promising parties. So where should you focus your time to get the most out of it next time around? Last week I set out to find the best practical advice to …

November weekend in Helsinki for most of us doesn’t sound like the time of our lives – it’s dark, cold and windy in the seaside city. To make matters worse, the Finnish word for November, Marraskuu, by it’s etymological meaning means the month of death, marras origin from the same word family as Latins mors and French’s mort, death – …

Blockchain technology is becoming more and more demanded worldwide, and today we all have a unique opportunity to witness “the biggest innovation after the Internet itself” gaining a growing number of implementations – both within and outside the financial sector. This significant process inevitably goes hand in hand with massive informational support – and, consequently, cross-industry popularization of Blockchain. And …

The World Bank has just released it’s annual report, “Doing Business in 2017“. Last year we reported on Nordic countries coming in at the top of the best places in the world to do business.  How do this year’s findings compare? These 15 countries in the below infographic, compiled by Market Inspector, rank the highest in their ease of doing …

The construction sector plays an imperative role in the evolution of businesses and society as a whole, and while there is continued interest in determining how to enhance innovation in this industry, little moves forward in the right direction. Despite its high contribution to the evolution of prosperous societies around the world, construction is much too often considered to lag …

Medihub, an Estonian startup founded in spring 2015 aim at building up a kind of database in which patients can search for affordable and creditable clinics, the services of which suit their needs best. CEO Helary Lainjärv gives us some insight into the company’s past, present and future. You’ve been working as a physician for over 8 years now, so …

Tinnitracks is a digital health startup that treats tinnitus through an inventive audio therapy app which works by manipulating the frequencies in music. After capturing the top prize at the Reeperbahn Startup Pitch in 2013 and becoming available on German insurance, they have tackled global market entry at a faster pace than many of their peers. In 2015, they captured …

From Spar Nord announcing a new fintech collaboration with Rocket Labs in Aalborg to the central bank in Norway considering blockchain for real time clearing and settlement for domestic payments among other things, it is clear that fintech is making solid progress in the Nordic banking industry. These developments are in lockstep with the rest of the financial world, as …