mini seedcamp

Witsbits – Cloud Computing Sold In A Box

Whether you’re running a business or organizing a tech conference today, it’s all about the cloud. I talk to startups talking to venture capitalists, and there’s no way of pitching without having ones solution running in the cloud. As hard it’s been to agree on a proper definition for cloud computing, it’s been the thing for both service providers and businesses to move on to. Even the telecom companies are now getting into the game of cloud computing.

Not surprisingly cloud computing was also one of the buzz words at the recently held Mini Seedcamp Helsingborg, where Witsbits caught my attention when pitching their new business model. 

 Witsbits, a Swedish startup company, is the first and so far only actor in the Nordic and Scandinavian region providing cloud computing services. They started already in 2004, in the era when cloud computing still was called utility computing. The journey into cloud computing began in 2003 when running Render Planet, an automated render farm service offering free, remote, distributed rendering over the Internet. Rendering 3D images required a lot of hardware resources, which resulted in developing their own utility management software. The first cloud computing service saw its daylight, and Witsbits today is a profitable business with number of customers in their storage cloud. Now with cloud computing booming the company feels it’s time to refocus on their core competence, the software development.
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Mini Seedcamp Helsingborg – Sunshine Story In The Pouring Rain

Seedcamp HelsingborgMini Seedcamp Helsingborg was held today in the Southern Sweden together with Öresund Entrepreneurship Academy. The region is growing and has an active ecosystem of entrepreneurship and startups, suiting well the Seedcamp initative. The event gathered 20 excited startups and over 50 mentors from Sweden, Finland, Denmark, Estonia and England.

The day was kicked off with five minute pitches by the teams, and included buzz words such as cloud computing, crowdsourcing and smartphone applications. The pitches were overall above the average, but as Tommy Ahlers, a mentor from ZYB, reflected, the early stage startups preferably need to focus on the concept rather than trying to present a business plan.

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Event Roundup – Seedcamp, Barcamp And ArcticEvening Coming Up

There’s couple of interesting events well worth visiting coming up.

barcamp helsinkiFirst one, BarCamp is happening on 4th April in central Helsinki, Finland. Since it’s BarCamp anything is possible. Come along, propose a session, and if there is interest from someone else, then you are up. So prepare things in advance! Un-conference does not mean un-prepared. Sessions can be any format; discussion, Presentation, demo, workshop, the limiting factor is time (and can you make it interesting!). Read more here.

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Swedish Startups in the Valley

Saplo LogoSaplo’s founder and CEO Mattias Tyrberg tipped us that Saplo, the Swedish semantic text processing technology firm, and a winner of Seedcamp, is going to participate in two VC events in California (previous coverage of Saplo). While in the area, Mattias and Fredrik Hörte from Saplo will also visit a few big firms like Google and Facebook, and look for other potential partners, customers, and investors.

The first event is Mini Seedcamp, which aims to give the startups a chance to meet face-to-face with the local startup and investor scene, and discuss anything from their product to investments. Seedcamp hopes to give the Valley folks better understanding of European startups, and show the participating European startups the US entrepreneurship culture in action, and help them connect with advisors and mentors.

ISA logoAnother event is organized by Invest in Sweden Agency North America (ISA). ISA has gathered a delegation of 20 Swedish early stage wireless, IT, electronics, and internet startups seeking risk capital, and takes them in front of some of the biggest VC firms in the US. The event takes place tomorrow November 11th in Menlo Park, CA. ISA is reporting to the Swedish Ministry of Foreign Affairs, and markets Sweden, its industry clusters, funds and individual businesses to North American companies and investors.