The Nordics, the land of Vikings, is known for its vibrant tech scene and being one of the leading startup regions producing unicorns on an unprecedented pace. However, there’s still loads of work to be done. The competition for founders, talent and capital is fierce and thus, it requires rolling up sleeves and playing to the region’s strengths while trying to improve weaknesses. Rising North, a €1.5 million fund was initiated last year to help the Nordic Startup scene with internationalization and now there’s a round of funding to be dealt.
Yesterday Rising North announced four new exciting projects that push the region towards the ultimate goal. Last week the Nordic.AI festival, a one-day event connecting the brightest minds in artificial intelligence, was organized in the Vega Concert Center in Copenhagen. At South by Southwest festival various smaller events and activities were held to present Nordic startups to the SXSW crowd. The Swedish publication Breakit wrote last week about Claire Marie Maxwell’s trip for virtual reality startups to Asia. The project VR-Resan is all about helping the startups with their go-to-market strategy. The last project financed by Rising North in the past round is the upcoming #NordicMade Showcase to California where a select group of Nordic startups and tech influencers will meet up with the local tech scene, investors, media and industry experts. On top of these new projects, Rising North also announced the addition of a new member to the Steering Board as the Danish serial entrepreneur and angel investor Esben Gadsbøll joins the already multinational Board.
As today’s political atmosphere is filled with nationalistic ideologies, Rising North is one of those organizations that aims to work towards increasing the cross-border collaboration. Instead of trying to solve smaller national or regional problems, Rising North is funding those ambitious people who are going after the big problems the Nordic founders are facing. Even though the challenges tackled might be different, they all have the same goal to help Nordic Startups become global leaders.