GrabCAD Closes $4 Million Series A Financing

GrabCAD has closed a $4 million in Round A financing led by Matrix Partners. This is in addition to their seed round of $1.1 million they closed in June 2011. Other existing investors in GrabCAD participated in the round. According to Hardi Meybaum, the CEO and Co-Founder of GrabCAD, the investment will be used to improve the community and product at large.

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TechStars Outshines Y-Combinator As The Top Startup Accelerator Program In The US

US Top IncubatorsWhen you mention startups, funding, mentoring and networking are the most essential ingredients needed by each aspiring founder. There are great ideas waiting to be put into practicality and the only thing that keeps them from shooting from their roots has been the absence of incubators and accelerator programs. Things have been changing and a number of startup accelerator programs and incubators have surfaced, this is where ideas are carved into reality, founders are provided guidance, the essential tips to direct them towards success and the ever needed funding.

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SeriesSeed.fi Brings Standardized Legal Documents For Startups

SeriesSeed.fi is perhaps one of the greatest startup related initiatives Finland has seen in a while. The site, put together by passionate individuals, gives away free of charge basic, standardized legal documents for startups. The documents cover the share holders agreement, term sheet and an investment agreement. Finland is a pioneer on this front as similar documents have been made available for the public only in a few startup hubs, such as Y-Combinator and TechStars. One of the key influencers of the SeriesSeed.fi documents are the SeriesSeed.com documents from the US.

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Nothing To Do During The Long-Winding Nordic Summer?

Something that none of my friends abroad have been able to understand is the Finnish summer holiday. You take four to eight weeks holiday and for this sacrifice you get an extra pay day. For good or for ill, that's nevertheless how we roll here in the Nordics. Not all of us, but most. Most of us entrepreneurs are different though and love to work on cool projects instead shutting down for the summer. And thus, if you find yourself bored out of your mind once your country shuts down for the summer, there is a way out: build a startup!

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Tom Keller of TechStars Encourages Helsinki To Try Their Model (Video)

A while back EnterpriseHelsinki invited Tom Keller of TechStars to come and speak at their event in Helsinki on their incubation model, how they get high quality startups emerge from TechStars' program and whether this could be possible in Helsinki, Finland since it's possible in Boulder, Colorado, which is mere 100,000 strong town in the Rockies. Boulder, much like Helsinki now, has not always been famous as a hot bed for startups, but has lately become as one.

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