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FACE Entrepreneurship embraces the good, bad and the ugly

Last Thursday, the Microsoft Flux space in Helsinki played host to a panel and workshop by the FACE Entrepreneurship group. FACE stands for Failure Aversion Change in Europe, and they have been making their way around select European cities to promote beyond the traditionally media-sexy aspects of business and technology in the start-up ecosystem by digging deeper into the emotional …

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Acast: Revolutionizing podcasts

In 2013, the two founders behind the podcast app Acast, Måns Ulvestam and Karl Rosander, discovered a resurgence of podcasting happening in Sweden.  When looking into the Swedish ecosystem, they found an amateur landscape where all the important parts were broken or didn’t exist. These parts included metrics, monetisation, and discovery, as well as sharing.  “This is the reason we …

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Barriers to ed-tech development in the Nordics

The Nordics have a natural advantage when it comes to education technology, including strong school systems, technical expertise, and forward-thinking municipalities who put digitalization on the agenda. What is holding back ed-tech development in the region? Many startups in the Nordics struggle with the VC investment bottleneck and finding the right talent. However as Hanna Kristín Skaftadóttir of Mimi Creations …

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Trip Republic partners with record amount of travel suppliers

Trip Republic, the Helsinki based travel planning and booking startup, has launched the full version of the travel planner. Over 3000 travel plans have been created using the planner in the four months since beta launch. Trip Republic has become the social travel planner with the largest amount of connected travel suppliers, partnering up with Booking.com, Skyscanner, Viator, Musement, Uber …

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Infographic: Zalando’s explosive growth

A common thought, though perhaps a naive one, is that the online fashion retail market is saturated and there’s no room for newcomers to have any mainstream success. While it’s true that technology pretty much allows anyone to knock up a web-store, source cheap products or sell on behalf of a larger company, it doesn’t mean there isn’t room for …

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RelinkLabs tackles the one in ten “bad hire” rate with data

$6-7000 per position, 12 weeks, and a one in ten ‘bad hire’ rate: these are the potential pitfalls awaiting the recruiter according to RelinkLabs. Founded in 2013, the Copenhagen-based company are launching a new API to streamline the recruitment process. The first of its kind, it will generate insights based on proprietary data products to help match profiles against job …

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Highlights from a hot tech week in Helsinki

Helsinki in the beginning of June was quite literally the hot-bed of start-up and investment activity in the Nordics. The beautiful 25°C weather complemented the hot new innovative solutions on display. Several events created the perfect melting-pot with which to showcase Finnish and Nordic talent to a wider audience of international visitors. Several key events took place during the week …

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DeeMe does instant messaging beautifully

We spend more time messaging on our phones than ever before.  What would the most amazing visual messaging service look like?  That was the question Norwegian company DeeMe, founded in 2014, started from. “This question became the DeeMe project, and today our vision is still the same.  The world of social media is in constant change, and we keep on …

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InnovIL’s Rachel Milgram gives an investor’s perspective on funding

At Infoshare 2016, Rachel Milgram  of InnovIL shared an investor’s perspective on startup funding.  Rachel’s expertise comes from years of working closely with VC’s and business angels to evaluate companies seeking investment and help match them with the right opportunities. “The fundamentals are never going to change”, says Rachel.  “When an investor looks at an idea, they will always look …

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TactoTek awarded €2.5 million grant for injection molded electronics

TactoTek, a leading manufacturer of 3D injection molded structural electronics (IMSE) solutions based in Oulu, Finland, announced today that it has been named a recipient of a €2.5 million EU Horizon 2020 award to mass produce injection molded electronics (IME) solutions. Horizon 2020 is the financial instrument of Innovation Union, a Europe 2020 flagship initiative aimed at securing Europe’s global …

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5 Ways fintech enables online lending

Little by little financial technology (FinTech) entrepreneurship has been chipping away at the once mighty banking industry, threatening to turn it into brick-and-mortar shell of its former self. Piqued by widespread frustration with impersonal services and fee bombardment, tech-savvy customers have been abandoning traditional banks in favor of digital banking services. Today’s consumers and business owners want banking services they …

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Richard Kastelein on Blockchain 101

At Infoshare 2016, Richard Kastelein, of Blockchain News  shared a beginners guide to blockchain, and why this technology will change the way we do business – and how the principles of blockchain are actually older than you think. Over the next 10 years, blockchain technology will change the way we do business.  Although it is not a magic bullet, it …

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The Green Alley Award takes on Nordic entrepreneurs in the circular economy

Start-up founders who focus on issues of resource preservation, resource recovery and recycling, often lack access to funding opportunities, as they have difficulty competing the b2b scale-ups that investors see as big money. That is why in 2014 Green Alley, a strategic circular economy investor based in Berlin, initiated the annual Green Alley Award, Europe’s first start-up competition for entrepreneurs wanting …

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Ultrahack organizes a hackathon of 1 million euros

Ultrahack 2016, which launched at the beginning of June, invites participants to compete for more than 1 million euro investments plus other significant prizes. The investments will be awarded by Nestholma in cooperation with Ultrahack, surpassing previous investments in hackathons in Finland. The best teams have also an opportunity to meet FiBAN (Finnish Business Angels Network) investors after the finals. …

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Swedish Innovation Compass acquires seed-funding platform SeedFundIt

Swedish Innovation Compass is the app helping entrepreneurs, researchers, and innovators to navigate the innovation support system in Sweden. The user is guided to everything relevant from venture capital, business incubators, government grants and more. After going through Lund University’s accelerator program, the app is sitting at over 5 000 downloads and now has a web version too. Recently, they …

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