International

While major corporations often have a hard time keeping up with a rapidly changing environment, the converse is true for startups, who are often more agile. StarTap, a new Finnish accelerator program, facilitates partnerships between the two parts allowing them to tap into each other’s strengths. KoppiCatch StarTap™ is a new Finnish lean venturing program launching this month. The aim …

The World Cup Tech Challenge was launched in 2014. Now, startups from all over the world are welcomed to sign up for the 2nd Annual World Cup Tech Challenge. So if you wish to compete for the coveted World Championship title in Silicon Valley this summer read on here. World Cup Tech Challenge is for the next generation of the …

The Danish company Lemonsqueeze, who helps companies enter the States has now outgrown their current office space in Manhattan. In order to keep welcoming promising new Scandinavian startups a place to grow their business the company now occupies new office space in Brooklyn. Lemonsqueeze helps startups with everything from recruiting and managing the right talent, to ensuring control of the corporate …

UBER breaks their own record week by week – new investment and a very high valuation have been a part of UBERs short history. The total raised capital since the birth of UBER is insanely 2.7 billion dollars. But how can a six-year-old company be worth more than the iconic Harley Davidson, the cereal brand Kellogg’s or Mattel, one of …

We will at Nordic Startup Bits write about new upcoming startups located around in Europe. The first article will about the photo-sharing app, Shotnote, which is located in Munich (Germany). The company was initiated by the two founders Julian von Eckartsberg (CEO) as well as Nils Ziehn (CTO). Shotnote received funding from promenade German angel investors back in October 2014 …

Few weeks ago Uber entered the Danish market and the company is now available in all the Nordic markets (Denmark, Norway and Sweden) and in that occasion we will try to analyze the main challenges Uber will have in the Nordic markets. 1. Their company culture and ethics The past months Uber has been a very hot topic in the …

Many entrepreneurs from the Nordics dream with following the steps of companies like Issuu or Spotify into the United States, an almost 320 million population market with a single currency. But imagine moving your startup to a new city across the Atlantic. Setting up a new office in New York City, all the paperwork and legal issues, hiring the right …

From 2015 the VAT on e-products will depend on the VAT rate in the country of the costumer as opposed to the country of establishment of the company. We have spoken to VAT expert Mick Jørgensen from PwC about the new rules that can affect both your profits and your turnover of cross-border e-services. By Tina Søndergaard. The new rules are …

Chutzpah – the word that defines Tel Aviv as the non-stop startup city. The city is number two on the list of the best ecosystems in the world according to research conducted by the Startup Genome. The word is pronounced “Hjoodspa” and is about being daring; it is in the blood and veins of the people from Tel Aviv and …

Nordic Innovation House, a co-working space, incubator and resource center for Nordic tech companies, debuted today. The new initiative is funded by an alliance of Norwegian, Swedish, Finnish, Icelandic and Danish governments as well as Nordic Innovation, an institution supported by Nordic governments that works to promote cross-border trade and innovation. As seen in the success of firms like Skype …

The London based venture capital firm Mosaic Ventures announced it is ready to invest a $140 million fund on Series A, early stage companies in the Nordic Region and the rest of Europe. The partners behind Mosaic Ventures are Simon Levene, Mike Chalfen and Toby Coppel. The trio has experience investing at both sides of the Atlantic, working for prestigious …