Tag Archives: startup

Elon Musk is buying the AI company Anysphere, co-founded by Swede Arvid Lunnemark, among others. The sale has been finalized for $60 billion.There have long been rumors that Elon Musk’s SpaceX might buy Anysphere, and now the deal is done, Breakit reports. Anysphere has developed the AI tool Cursor, which competes with services from tech giants like Microsoft and Amazon. …

The iconic computer brand returns to phones with the Commodore Callback 8020, built on Jolla’s Sailfish OS — a quiet alliance of two names that shape computing history. Two pieces of computing history just came together. Commodore — the brand behind the best-selling computer of all time — is returning to the phone market with the Commodore Callback 8020, a …

HELSINKI  — As the tech and creative worlds met in Helsinki last week for the Arctic15 and ODDfest festivals, a homegrown startup is launching a quiet revolution against the status quo of modern internet culture. After a three-week, invite-only beta phase involving several hundred users, the Finnish platform ThisCussion has officially opened its doors to the public. But do not …

Helsinki — While summer urban festivals are increasingly held outside the immediate city center, this week brings an exception. First organized last year, the multidisciplinary ODDfest returns to the heart of Helsinki this week as an even larger, more comprehensive event. The three-part festival will spread across several iconic venues in the city center, including the Lasipalatsi Square, Bio Rex …

Helsinki — The European startup landscape has undergone a profound transformation over the last decade and a half. What was once a fragmented ecosystem of localized tech hubs has matured into a deeply interconnected, cross-border network. At the center of this evolution in the Nordic and Baltic regions has been Arctic15, an annual gathering that has quietly subverted the typical, …

The intuitive nature of the technology is perhaps its most startling feature. Rather than overwhelming the user with complex audio cues or digital commands, the system communicates naturally through the sense of touch. Users can instantly feel the proximity, motion, speed, and size of surrounding objects. This immediate feedback loop is so effective that early testers have been able to …

Tallinn — Minister of Economic Affairs & Industry of Estonia Erkki Keldo said Estonia wants to be a place where bold new ideas could be tested safely and quickly. “The next generation of billion-scale companies will be born where technology develops faster than legislation, and where the state dares to say ‘yes’ while others are still hesitating. Estonia does not …

The Q1 2026 Startup Barometer reveals that the financial assessment of Finnish startups has hit its lowest level in the survey’s history. The “balance figure”—a metric where positive numbers indicate optimism—fell to 9.9 for member companies, down from 14.8 the previous quarter. When expanding the view to the entire startup ecosystem for the first time, that figure dropped even further …

A total of 465 startups from five continents have applied for this year’s Latitude59 startup competition, taking place in Tallinn in May. The competition’s grand prize fund has grown by €100,000, reaching €400,000.The Estonian Business Angels Network EstBAN will contribute up to €200,000 to the prize fund, while the Latvian Business Angels Network LatBAN will add up to €100,000. The …

CHICAGO — The Mark Anthony Group of Companies has officially announced the acquisition of The Finnish Long Drink, a move designed to accelerate the growth of the fast-rising ready-to-drink (RTD) brand and expand its availability across North America.The acquisition marks a significant milestone for both companies. Mark Anthony Group, the powerhouse behind White Claw, aims to leverage its massive distribution …

The funding raised by Finnish startups has reached historic levels, according to the latest impact report from the startup hub Maria 01. Sarita Runeberg, CEO of Maria 01, points out that economically challenging times have historically been the birthplace of many successful companies. She remains confident about the future. Finnish startups succeeded in raising capital in record-breaking fashion last year. …

The Polar Bear Pitching event, held for the tenth time, drew a significant number of international startups and media film crews to Oulu. The presentation by the Swiss company Ionic Wind was chosen as the best “ice hole pitch”—appropriately featuring modern cooling technology.Polar Bear Pitching is a business event where the main attraction is a startup pitching competition held in …

Greenstep has acquired 100 percent of the shares of Rundit Oy to strengthen its position in the European fund services market. The acquisition marks a new kind of strategic move for Greenstep, a company that has grown almost entirely through organic expansion until now. “We have been eyeing on some startups in the market, which could strenghten our position, says …

Artificial intelligence is no longer a futuristic concept in healthcare—it’s a fast-movingreality reshaping patient care, hospital operations, and disease prevention. According to the Heltech Market Analysis Report on AI in Healthcare (2025), the sector is projected to grow from $6.7 billion in 2021 to $67.4 billion by 2030, a tenfold surge that reflects a massive wave of innovation and adoption. From predictive …

AAC Technologies Pte. Ltd. (the “AAC”), a world-leading smart device solution provider and a company incorporated in Singapore and a fully-owned subsidiary of AAC Technologies Holdings Inc., whose shares are listed and traded on the Hong Kong Stock Exchange, has signed a definitive agreement to acquire the shares and other equity securities in Dispelix Oy, a technology leader in diffractive …

The global gaming industry is entering a golden age. With an expected climb to $206.5 billion by 2028, gaming continues to prove its resilience and dynamism. This steady 3% compound annual growth rate is not only a testament to the sector’s economic strength but also to its expanding cultural and technological relevance. Games are no longer just a pastime—they’re a …

Out of the hundred companies selected for the Slush 100 pitching competition, three of the most promising growth companies were filtered into the final of the Slush growth company event on Thursday, November 20. Diffraqtion, the company developing the Galileo 1 super-camera and the eventual winner, received a million-euro capital investment from venture capital firms General Catalyst and Cherry Ventures …

In June 2020 , it was announced that Pekka Lundmark would join Nokia on August 2020. Earlier this year, in February 2025, Nokia announced that Lundmark would step down as president and CEO on 31 March and be succeeded by Justin Hotard.However, Pekka Lundmark will continue to serve as an advisor to Hotard for the remainder of 2025 to ensure …

HELSINKI — In a world increasingly saturated with transactional travel, a Californian startup named Bubbl is setting out to redefine the meaning of a shared stay. Born from a simple, personal revelation, the platform layers trust, community tools, and a sense of belonging onto the concept of co-living, transforming strangers into an “instant tribe.” The inspiration for Bubbl came directly …

A seasoned serial entrepreneur, Anssi Kiviranta, had an epiphany in 2022. Despite the internet transitioning into the video age, company websites still looked largely the same as they did twenty years prior: full of static text and images. Kiviranta contemplated, “What if website navigation happened from one video to the next?”The idea mirrored popular social media services like TikTok and …