February, 2021

• 27 February

  Estonia-based Avokaado secures €700K to automate contract lifecycle management

  

  Avokaado, a contract lifecycle management platform (CLM) from Estonia, announces a €700K pre-seed round, including Hong Kong’s ParticleX as a strategic investor. Avokaado was founded by legal tech innovator Mariana Hagström in 2016, after experiencing significant inefficiencies in service delivery during her extensive career as an attorney-at-law and managing partner at a law firm. What initially started out as a …

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• 15 February

  An Overview of the Nordic iGaming Market in 2021

  

  Home to the first Bitcoin lottery and other blockchain-powered online games, the Northern European region is no stranger to the iGaming industry. In recent years, the Nordic countries have become some of the most successful in the entire European gaming industry. So, let’s take a closer look at the Nordic iGaming market today and how it might fare in the coming …

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January, 2021

• 13 January

  “Unconventional Accelerator”: The first digital accelerator targeting underrepresented Nordic founders

  

  Since launching its report on who funds whom in the Nordics, together with partners like Startup Sweden and NVCA, the team at Unconventional Ventures have been busy. They recently launched the UV Syndicate, giving everyone the opportunity to co-invest in, by UV vetted, startups at pre-seed and seed stages. Today they announce the first digital accelerator targeting underrepresented founders based …

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• 12 January

  Sweden’s Mbegu Solar: Innovation cannot be paused in wait for a more suitable year

  

  Mbegu Solar AB was founded in 2020 and its team is based in Stockholm, Lund and Nairobi. They bring solar products in a completely new format to the East African market and target micro-entrepreneurs as opposed to the end consumer. Solar products are already widely available all over the world for off grid electricity, but Mbegu Solar states this is …

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December, 2020

• 16 December

  Estonia offers itself up as post-2020 mental health recovery spot for ICT-talents

  

  You’ve heard of hygge. If you’re a Scandinavia enthusiast, you may even have heard of friluftsliv. But are you ready for the lifestyle trend that’s so quintessentially Northern that the people who invented it don’t even have a catchy term for it, much like fish presumably don’t have a word for water? It’s the Estonian phenomenon of “just sort of getting on …

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• 16 December

  Audio first: Nordic social interactions in the year of the pandemic

  

  Statistics show we have collectively stigmatized randomly phoning someone up and as a result, over the past decade, the number of texts sent monthly have increased with 7,700% and US smartphones users allegedly receive and respond to 5x more texts than phone calls. We have built handheld walls against direct interactions at the same time as social platforms have moved …

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• 16 December

  Japanese web design hits the Nordics

  

  Garden Eight is a multi-award-winning digital production team from Japan specialising in visual design, web design and web development. Founded in Asakusabashi, Tokyo in 2011, the studio has just opened their European headquarters in Copenhagen. The Nordics are known as the world’s “unicorn factory” per capita outside of Silicon Valley and have enjoyed a spotlight on their technologies from one …

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• 9 December

  Finnish AI writing tool Flowrite closes pre-seed funding which includes Unity founder David Helgason

  

  Finnish startup Flowrite, building an AI-powered writing tool on OpenAI’s GPT-3, has closed a pre-seed funding round of €550,000 from Europe’s leading early-stage investors Lifeline Ventures and Seedcamp, joined by angel investors including Unity founder David Helgason. Flowrite is among the first companies globally to launch and raise funding for a product built on top of OpenAI’s language model GPT-3. …

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• 9 December

  Lithuania eases restrictions on IT licenscing for Fintechs

  

  As in many countries during the pandemic, contactless payments have been on the rise in Lithuana.   The country has chosen to make Fintech a national priority and has updated the process for business licensing for Fintech companies. By Lukas Pereckas “The whole Fintech ecosystem here is so developed – business support networks, clear efficient regulation, lawyers who know the field …

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November, 2020

• 16 November

  10 Latvian startups to watch

  

  A small nation of fewer than 2 million people, Latvia is one of Europe’s entrepreneurial hotspots. There are several advantages that ensure that Latvia is a great place for startups starting from a multilingual workforce, affordable costs for operations, a high standard of living, and government support. Latvia has a booming startup ecosystem and a high number of ingenious up-and-comers …

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