I bumped into ge.tt a few weeks back and immediately fell in love with it. It's file sharing done right, simple, non-intrusive and extremely intuitive. Also, having ge.tt as a domain name does help people remember it. I had a chance to talk to Tobias Baunbæk, the CEO and co-founder behind this Danish based company. He shared the path they've taken and how ge.tt became to be what it is today, not to forget where it will go.
Futureful is a Finnish, research based startup that is developing a predictive discovery engine. In essence, they want to help you discover more interesting content on the internet, based on your behaviour and liking. The company was founded by Marko Anderson and Jarno Koponen and they pitch themselves as "imagine if Hunch and Flipboard bootstrapped a lovechild."
Oslo based startup Majoobi has published their application which helps anyone create an iPhone, iPad or an Android app - online. Majoobi makes use of HTML5 and users are essentially creating websites that are optimized for the iOS and Android operating platforms. The service is extremely simple to use and will have you up and running in minutes. It took me about a minute to understand it and create a simple site for ArcticStartup as a demo.
Every now and then I boast about the next big thing coming from the Nordics and now I believe I have found a seed for one of those monsters.
Social Shopping is one of the fastest growing online consumer markets and there’s a Finnish startup right in the middle. DealDash, a Finnish startup, is making $200k+ a month and has currently 130k+ users, and its growing fast. Their annual revenue run-rate is approaching the $3m mark and sales have doubled in the last 6 months.
We've heard from trusted sources that Rovio will be announcing the PC version of their Angry Birds game tomorrow at an invite-only press event with Elisa, a Finnish operator. Few invites have been sent, but the event will be webcasted internationally as well. It is unclear at the moment if it will be a public webcast, but most unlikely.
Guidewire Group has announced on 3rd of December the Innovate!100 list. The list features, according to the blog post, the 100 most innovative and fastest growing startups from around the world. The participants have been chosen based on the 30 or so Pitch Slam contests which were held on five continents over a duration of 10 months.
Editorial note: This is a guest post by Kristoffer Lawson, the Travelling Salesman. He's on a 10 000 kilometre drive to meet Nordic startups. ArcticStartup is supporting the project, by covering his travels and findings. This post was originally posted in the Travelling Salesman blog.
When pondering my travel plan I was told by a number of people, even Swedes, that there would be very little in places like Karlskrona. That I should stick to the big centers: Stockholm, Lund, Göteborg, etc. They were wrong, but proving that was to be a challenge.
Mediatonic, the "revenue based investor" from Finland, has made a 300 000 euro investment into Housemarque's upcoming game. Mediatonic invests in a project oriented way, meaning they do not take any equity from the company, but only invest in the hope of retaining a share of the future revenues against the investment.
Marko Ahtisaari, the director in charge of Nokia's Industrial design, was just on stage at LeWeb and talking to Loïc Le Meur at a fire side chat afterwards. Ahtisaari talked through many different aspects of Nokia's business and most importantly to us, at least, he opened up and shared his thinking on Nokia and its future. Below are our notes and key takeaways from the talk.
Ahtisaari began his talk about two issues on his mind, the state of the smartphone market as well as the collective intelligence, how platforms get better as more people use them. He's key point was, that while the smartphone market is hyped a lot in media, there is a ton of action elsewhere in the mobile space that is seldomly reported on. But he did say that Nokia is now on very impressive growth curve with its Ovi Store. Daily downloads are around 3.5 million, when they were around 3 million just 3 weeks ago and around 2 million in September. Furthermore, 250 000 people sign up each day.
When filing for an IPO Mail.ru Group disclosed some interesting financial indicators for the different platforms they own. At the moment Mail.ru Group itself is mostly owned by Digital Sky Technologies, a Russian investment fund. Mail.ru Group's fixed assests include 10% of Mail.ru portal, 100% of a social network Odnoklassniki, 91% of recruitment portal Headhunter.ru, 100% of ICQ LLC, 24,99% of Russia's biggest social network Vkontakte.ru, 25,09% of QIWI Investments, 2,38% of Facebook, 1,47% of online-game developer Zynga Inc. and 5,13% of Groupon. On top of that Mail.ru owns minority shares in a plethora of Russian and Ukrainian Internet companies.
While watching the LeWeb live stream, a Eathen Beard from Facebook just disclosed in an interview with Michael Arrington that Facebook is the largest source of referrals for Spotify. Spotify launched the social side of its service earlier this year, and we covered it in detail, but not a lot of buzz has been written about the results of this new service.
This is the second part of the video interview with Niklas Zennström of Atomico. In this part we continue discussion on how Atomico sees certain industries regarding their investments as well as at what stage startups should contact Atomico and how. Zennström also goes on to tell that entrepreneurs in the Nordics and Baltics should be braver - we are by nature perhaps a little too timid.
Seedcamp has just announced earlier today about their launch of a new service, seedsummit, which is aimed to help startups find investors more easily. It's in short, the AngelList for the rest of us. Seedsummit has no specific geographic focus and it has angels listed from Africa, Asia, Europe, Nordics and Baltics to name a few. While there are only a few names listed, I'm sure it will supply a need in demand.
While being very careful about this - as the facts are somewhat questionable, Fortune's Tech blog Google24/7 suggests that Google's Andy Rubin might know something more about Nokia and their view on the Android platform. At yesterday's AllThingsD -conference the Google VP let out a few things regarding a possible Nokia's venture into the Android platform.
Listed on the Nasdaq OMX Helsinki, the Finnish software house Digia has ventured into music business with new mobile app called Flow'd. Flow'd is a location aware application that helps you better connect with the artists you love. The app is a better development of the first generation location based apps out there and nicely adds more value to its predecessors of the likes of Gowalla and Foursquare.
Last week Niklas Zennström, together with Atomico visited Helsinki to talk to startups and promote their early stage investment company. I had the chance to sit down with Zennström and talk about the Nordic and Baltic investment environment, Atomico as well as some of their investments. Below is the first part of the video interview in a little over 7 minute clip.
Huikea is a Finnish iOS development startup that is developing a multiplayer game for the Apple iPad. The company co-founder Teemu Kurppa is one of the early employees of Jaiku and he co-founded the company together with Pekka Uronen back in 2009. They've now released some videos of the game as well as screenshots. A recent comment in Facebook revealed that the game is just around the corner and will be released soon.
I gathered a few figures from the web this week regarding Angry Birds and how it has been performing. Rovio, the Finnish gaming company does state sales and download figures every now and then, but more broader figures to understand the game appeal are hard to dig. Peter Vesterbacka, The Mighty Eagle, commented to a blog post on Friday and while doing so, gave out a few figures that are worth sharing.
Yesterday we covered Deal24, a company doing local discount coupon sales, similar to Groupon's concept, in the Nordics and Baltics. Unfortunately for us, this wasn't an Estonian company and certainly not the largest as our readers rightly commented both in Facebook and in the article comments. The real Groupon of Estonia is Cherry.ee which is the largest by both deals done and amount of business. This time we talked to the investors behind the company and there's some interesting data to back this up.