Tag Archives: AI

Finland has largest number of companies using AI in Nordics

Silo AI, one of Europe’s largest private AI laboratories, published a comprehensive market review of the use of artificial intelligence in Nordic countries. The Nordic State of AI report, which will be published annually with the Finnish Artificial Intelligence Center and other Nordic artificial intelligence organizations, provides a comprehensive overview of the Finnish, Swedish, Norwegian, and Danish artificial intelligence markets …

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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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Nordic AI companies join”Digital future for Europe” manifesto released at Slush 2019

A new coalition of European startups, unicorns, think tanks, and trade associations has launched a manifesto for startups and innovation at Slush. This manifesto, arguing for a ‘digital future for Europe’ is a direct response to the European Commission’s plans to regulate European tech.  This comes as the new EU Commission has received final approval from Members of the European …

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An interview with Inka Mero, founding partner of first Nordic VC focused purely on deeptech

This month, the first VC in the Nordics focusing purely on startups with a background in deeptech and science launched.  Headed by serial entrepreneur Inka Mero, Voima Ventures targeting a final closing of €50 million and has already announced commitments at €40 million. The fund’s press release states that their mission is to build a strong bridge between the scientific …

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The Nordics get a new €50M deep tech fund

Serial entrepreneur Inka Mero launches Voima Ventures, the first VC fund in the Nordics with a focus purely on startups with deep tech and science background The first VC in the Nordics focusing purely on startups with deep tech and science background was launched officially today. Voima Ventures’ cornerstone investors are VTT Technical Research Centre of Finland and European Investment …

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Amazon, Netflix and Google will meet the President of Estonia to talk about data and AI adoption in Europe

Artificial Intelligence champions from top technology companies Netflix, Spotify, Amazon, Google DeepMind, Nvidia, Taxify, Microsoft, Starship etc will meet at North Star AI, Applied Machine Learning and Data Conference on March 7 in Tallinn, Estonia to discuss how organizations and startups with limited resources can benefit from data and AI adoption President of Estonia Kersti Kaljulaid will open the international …

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Disior raises €600,000 in seed funding for novel bone fracture and tissue analysis

Finnish medical software creator Disior has received a capital boost from Maki.vc and seed investors for novel method of analyzing bone fractures and soft tissue. The Finnish company  Disior have developed a novel, AI-powered conversion tool for analysis of bone fractures and soft tissue that cuts down the processing time from weeks to minutes. Compatible with all 3D imaging technology formats, …

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Kieku Labs CEO on AI in podcasts: “AI can do the legwork for you”

Kieku Labs is technology company creating a personal audio listening stream. Kieku is an independent direct community of speakers and listeners. Kieku is both voices from the street and studio, a place for anyone to connect with audience. Kieku Labs was founded in Helsinki 2016. Kieku offers an easy way to listen to content that is selectively curated for your …

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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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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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10 takeaways from Startup Day 2016

On April 23, in packed Münchenbryggeriet in Sweden, Startup Day 2016 through open the doors to the Swedish startup scene.  The event included 10 keynote speakers with a well-maintained gender balance, an Impact Expo offering resources for growing startup,   fintech panel discussion, Nordic Startup Awards, and well done startup pitches. After the hype around the event is gone and …

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Are robots displacing humans in finance? It’s not that simple

A common claim that comes at the crossroads of technology and finance is that eventually most people will be replaced by machines.  It’s not a matter of “if”, but “when”.  But is it that simple? By Andrew Woodman Inevitably, the topic of robots vs humans came up during a panel discussion in an event hosted by the Hong Kong Computer …

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SXSW recap: a week of crazy

The South by Southwest Festival (SXSW) is more like a festival than a traditional expo. It figures, as it has its roots as a film and music festival. SXSW consists of three main parts: Interactive, Music and Film.  My company, Vincit Oy, came for the Interactive part, as part of one of the Finnish companies coming along with the Nordic …

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LAUNCH Festival recap: The key to success is to have your sh*t together

Earlier this month, a #nordicmade delegation of 30 Nordic startups attended the LAUNCH Festival in San Francisco.  The tour, organized by STARTNordic, was part of an initiative that promotes the Nordic startup scene by connecting it to other startup ecosystems around the globe.  Juraj Pal of Sure gives a recap of the festival. Juraj Pal is a founder of Sure, …

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Iris.AI democratizes access to scientific research

You just saw a really cool TED talk on, say lab-grown organs, and want to learn more about it, but you don’t know anything about biotechnology.  Google scholar would be a good place to start – if you knew the right keywords to search for.  Enter Iris.AI. Iris.AI can use the TED talk as input and find exactly what you’re …

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Singularity University’s Global Impact Competition comes to Norway

Iris.AI founder Anita Schjøll Brede has brought Singularity University’s Global Impact Competition to Norway in 2016, guaranteeing the winner a spot at Singularity University’s Global Solutions Program at NASA Ames Research Park. The competition aims to promote ideas that will positively impact the lives a billion people, and help Norway move from oil into innovation and technology. Singularity University was founded …

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Artificial Intelligence will deliver net job growth by 2020

The World Economic Forum released its report on the Future of Jobs earlier this week, and several industries were highlighted as big winners in net job growth.  Artificial Intelligence was singled out as one of these future change drivers. The gist?  Artificial Intelligence (AI) is not the hydra-headed beast that demolishes jobs as it tramples on the global economy.  Nor …

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How to talk to your Mom about AI

2015 has seen an explosion in funding, interest in, and new product development around Artificial Intelligence. Facebook delivered M, Amazon gave us Echo, and Google launched TensorFlow, its open source machine learning library. A whole host of startups have also emerged, including x.ai, HyperScience, and Vicarious. There’s an interesting parallel to the web, circa 1998. At that time, tens of …

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Sure: a text away from sustainable living

Imagine using your phone to discover new sustainable businesses and services. But wait – anyone can do that, if they have internet connection.  But what about just by texting?  SURE. Sure is a startup that allows you to be more sustainable by using Artificial Intelligence (AI). It is not an app – it’s a local number. You simply text Sure, …

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