It is always great to see when there are two major funding announcements on the same day for the region. In addition to today’s Kiosked funding round, Pipedrive just announced an extended seed round of €1.8 million.
The round was co-led by Rembrandt Venture Partners and Storm Ventures, with participation from TMT Investments and a group of angel investors, including Taavet Hinrikus of Transferwise, Ott Kaukver of Twilio and Rain Rannu from Fortumo.
Remember home/landline phones? They were these funny looking devices in the corner of everyones home that you could call to if you knew the number. Since the introduction of the mobile phones, they slowly started to disappear and some youngsters would be amazed to find out that they ever existed.
Tellybean wants to bring them back, well not the actual devices but the concept of having a device that you can call to at home. To do so, they will introduce a service that will transform any TV into a Video Phone.
They have raised €1.4 Million to tackle the problem, with Reaktor Polte leading the investment round, marking their 5th investment this year and probably making them the most active seed-stage investor in Finland at the moment. The other investors were TEKES and Dreadnought Finance.
Creating and sending postcards from your own images is by no means a unique idea. There are a lot of companies offering the service. So when we first talked to Postify, it seemed like they were doing something that has already been done and then some.
However at a closer look, it seems like they do have a hidden gem in there. Instead of focusing on the end-consumer, they want to create a new marketing channel for companies.
Reaktor POLTE Invests €100 000 In MyNextRun And Tell Us More About Their Hands On Investment Approach
Last month we were kidding about Reaktor Polte investing into a startup per week, but they are definitely keeping up the pace and this month they announced a EUR 100 000 investment into MyNextRun. The total round size for the company was €150 000. The startup allows anyone to find running events all over the world and to enroll directly through their service.
This is a niche proposition, but something that has definitely been a problem for the running community, especially when it comes to finding and registering for foreign events. The company already has over 10 000 users and are just waiting for the snow to melt and start the exponential growth stage.
Tallinn based Gateme won at the latest SeedCamp event, which shows just how strong the ArcticStartup region really is. For some reason each time somebody wins at Seedcamp, it forces me to wonder what it really means to the company. Now in case I am not alone in forgetting how the Seedcamp process works, I will quickly tell you just what Gateme got themselves into.
Basically the way Seedcamp works is first you apply for having a chance to pitch at one of their worldwide events, such as the one that took place in London. This time around there were over 400 applications from 46 countries. Then a number of those are selected for a full day mentoring event where the top 5 are selected. Gateme was one of those Top 5.