Microtask Closes A Super Seed Round From Sunstone Capital
Microtask, a Finnish startup, has just closed a round of seed financing lead by Danish Sunstone Capital followed by a group of Angel investors (see list below). The size of the round is undisclosed, but the company told us that they should be able to get to summer 2011 with it. The round is their second seed round and it's structured as more and more financing rounds nowadays are: It's a seed round that's lead by a VC who has also committed to lead the A round next spring. Why do a VC come in so early in with a group of Angels? Because they want to make sure the Super Angels with minifunds are not eating their lunch, that's why. Even though Microtask news is positive and there exists hardly any threatening Super Angels in the Nordics, there is a lot of debate and tension about the general phenomena elsewhere. These tensions seem to be especially true in the US, where there's more investors battling for the best deals.
ArcticEvening Tampere Tomorrow
Tomorrow we'll be having another ArcticEvening event in Tampere. The event will revolve around some interesting startup pitches and a panel with some very interesting industry heavy weights. Last week we went through our procedure to pick three companies available for pitching at the event and the chosen ones are (in random order): Tagregator, Tribe Flame and There Corporation. On the panel we'll have Jussi Harvela, Otto Chrons and Heikki Halme.
You can read more about the event on its own page. Want to come? Sign up now, there are still some tickets available. The show will kick off around 6pm at Demola.
