Students ahoy! We've announced instructions and pricing for tickets for full-time students. You can see these instructions from the Arctic15 website as well.
Tickets for full-time students are priced at 79€, including all VATs, fees and what have you. We wanted to get the price down as much as possible and we think 79€ for the show is an excellent bargain.
Looks like the technology scene in Europe is getting another backer as the prominent US VC, Greylock Partners announced a $160 Million technology fund. The funds are poised to be used for Internet technology companies in the European region as well as in Israel. The firm has been pretty a notable mention with stakes in leading internet brands like Facebook, LinkedIn and Groupon.
Rovio, the creators of the hugely popular game Angry Birds, have today announced that they have acquired the Helsinki based animation studio Kombo. The acquisition was financed through cash and Rovio stock. The sum was not disclosed. According to the press release, after the acquisition, Kombo will focus solely on Rovio's animation properties.
Gruvi is a Danish start-up that helps brands find and engage with fans on Facebook. Their focus at the moment is film industry. With the help of their Facebook application Gruvi strives to help major studios in Europe acquire more fans early on in the campaign cycle. App users can watch movie trailers, check timetables for the shows and book movie tickets. They can also easily set Facebook events and share the invite with their friends inside the app. All of those features used to be available only in Denmark but now the app is also live in UK. Gruvi's partner in the UK market is Sony Pictures Releasing and their first campaign is built around Sony's new film Bad Teacher.
Syddansk Teknologisk Innovation (SDTI) invested $350,000 in Magma, an online project management tool for magazine publishers. Goes to show once again that e-publishing is definitely a thing to keep an eye on when it comes to the growing online industries! This is the first substantial funding round for Magma, which was founded in July 2010. Magma's goal is to revolutionize the way magazines are currently published by moving the whole management process online. Instead of whiteboards, long excel sheets and overloaded inboxes, the start-up offers a platform for curating a publication from collecting and proofreading content to selling ads, finalizing the layout and distributing the publication across platforms.
There is nothing like being an entrepreneur. Of course that’s a bit challenging for many - especially to let go off the comfort of a monthly paycheck, but many aspire to be one. The problem is not everyone is bound to be one and even less are bound to be successful. However, there are many people searching for jobs each spring as they leave their schools behind, be it high school or university. CopenhagenStartups is a new initiative to help people find a job at a startup, something not many might have thought to be a viable start for a career path.
Some time back we covered the finalists participating in Mini-Seedcamp Stockholm. The list featured 14 companies from the region. Overall, 20 companies were selected to pitch at the event. While Seedcamp Stockholm was planned to be held as an event to find the participant to the Seedcamp New York trip, the Seedcamp team decided to announce “a winner” from the event. The winner, ie. the company that Seedcamp will invest into, is Holvi, by the founders of Scred.
Ambient Sound Investments, ASI, has made its first exit from Russia according to Quintura. ASI has sold its stake in SaaS-based inventory management software provider LogneX (Moy Sklad). Interestingly enough, LogneX was also ASI's first investment in Russia. ASI sold its stake to 1C, which is a Russian based ERP service provider.
There has been quite a lot of development in the smartphone and tablet arena with the plethora of new devices making entry into the market. Not only have they evolved how we communicate and access information online, there has been a transformation how these devices have been used as well.
Think of it, when the iPhone invaded the markets it was considered to be the ultimate in mobility, and even more when Android devices made inroads. However that was just the beginning of a whole new transformation, the advent of the iPad changed a lot, at least in having the tablets flood in from all directions.
Open Ocean Capital, founded by some of the individuals that invested into MySQL before it was later sold to Sun MIcrosystems, has raised its third fund - Fund Three. The amount was reached in the first closing. Open Ocean Capital looks to use the funds to invest into startups in "Europe and beyond", pretty much meaning there is no geographical restrictions on those who can apply.
Valkee is the Finland based company developing a headset that beams light onto one's brain. It has enjoyed significant sales, but also significant criticism from many individuals and parties around. Last night, we saw first signs of evidence to prove that the device actually works as told. With the release of the scientific study, the company released a new version of their website as well. The new website discloses that they have studied the device and its effects since 2007 with the aide of 20 scientists in the University of Oulu in Northern Finland.
People like buying stuff. A lot of it. So much that they have abundance of good stuff they don't need. Usually the unsused items are wasting away in atticks, basements or closets. Netcycler built a web solution for this problem: it allows you exchange your old stuff for something you actually need. The start-up was launched last year in Finland and by the end of the year closed a 725 000€ funding round and expanded to Germany. Now the service has been launched in UK: not only because it's a big market but also because 'UK is a nation of hoarders' as their recent market research reveals.
This is definitely making things for Spotify as (unconfirmed) reports rolled out that Facebook will be launching a music streaming service. This is expected to be launched in the first week of June. The service is currently being tested and upon launch will have users of the social network seeing a Spotify icon just beneath the Photos and other links on the left hand side.
Travelmenu is among numerous online travel booking start-ups in Russia that recently closed impressive funding rounds. Runa Capital and Almaz Capital each contributed $800,000 to the project. Alexander Galitsky, Managing Director of Almaz Capital, commented: 'In Travelmenu we found a company that holds a promising position in the emerging market of online tourist services and in the future can claim a large share of that market'. The new investment would be used to attracted more users to the service as well as develop its infrastructure and establish a strong position in Russia and Ukraine.
'The future of print is digital', envisions Issuu, Danish start-up that offers an online publishing platform. They definitely have a point and their numbers support that. Their website delivers 3.4 billion monthly impressions globally and they claim 33 million monthly readers. Essentially the service turns any uploaded document into a beautiful online publication across all digital platforms. They are now encouraging users to build their businesses on top of Issuu with the new Reseller feature.
Experq started as a project during last year's Summer of Startups program organized by Aalto Entrepreneurship Society. It's main goal was to improve customer relations through feedback with the help of easy mass text messages. After the program ended, the start-up continued with focus on R&D and go-to-market activities. Experq have recently closed their first commercial partner (a significant player in travel industry). We just learned that Experq's team sold their company to another team who will continue working on Experq. No details of the deal were disclosed but this makes Experq the first exit from a Summer of Startup's program! To find out reasons for exit and details of the new project, we talked with Jens Sørensen, CEO, and Lauri Hynynen, COO.
Finnish game developer Supercell announced that it secured an investment of $12 million from Accel Partners, the leading global venture capital firm with a wealth of experience in the gaming industry. This is really great news for a gaming company that was founded only in June 2010. Their first game, Gunshine, was released this February as a closed beta and has proven to be quite addictive among the first adopters. Gunshine is described as a game that bridges the gap between browser-based massively-multiplayer games and social games, with deep online gameplay and extensive social features. Now that the product is about to enter open beta and will become available for everyone to play, the investment will help Supercell accelerate its growth, expand its team and also release new games and target new platforms.
Finnish start-up Cabforce entered the the taxi business scene back in 2010 with plans of building an IT solution for taxi entrepreneurs. The platform provided a web-based dispatch and fleet-management tool along with multichannel booking tools for passengers. This also included a user friendly software that helps cab drivers interact with both clients and dispatchers. Earlier last week Cabforce made announcement on expanding its cab business globally.
From an iPhone app to a Facebook application to other platforms, Foodie.fm has made it even easier to start using their service. Now users can try the application directly on Foodie's website without registration. If they decide to create an account, though, it would still take less than 2 min. Today Foodie is coming out with an improved version of their social capabilities. The most important enhancements are a revamped recommendations engine (now better tailored to users' dietary needs and restrictions), more detailed information about products and discovery of new content from friends through a newsfeed.