Apr 5 Arttu Närhi
The thriving Nordic startup ecosystem has not remained hidden from foreign investors: Finnish startups and early-stage growth companies attracted €208 million in foreign financing – an increase of 33%. Since 2010, the number of foreign investments has increased tenfold.
This phenomenon works both ways, as almost 30% of Finnish VC’s investments are allocated to companies outside of Finland.
“Being known for our world-class gaming industry, research-based deep tech cases, and initiatives such as Slush and the Nordics’ biggest startup hub Maria 01, the Finnish startup ecosystem can be seen as one of the most active in the Nordics and Europe, and the positive development should only continue in the upcoming years,” summarizes Reidar Wasenius, Managing Director of FiBAN in today’s press release.
Similar data can be seen in Slush attendance from last year. In 2017, over 1600 investors attended, which was 40% more than in 2016. Investors came from 68 different countries, most heavily from Sweden, Germany, the UK, and the USA, alongside Finland.
Photo: Jussi Hellsten
Earlier this month, Swedish digital health app KRY announced they had raised €53M ($66M) in series B funding, led by Index Ventures. This brings their total funding since 2014 to approximately €79 million ($92 million). Thus, we’re excited to announce KRY’s CEO and co-founder Johannes Schildt as a speaker at Slush 2018! KRY is in […]
Helsinki-based Yousician, the world’s leading music education company, has been on an almost decade long journey of learning about gamifying, community building, and of course, learning new instruments. CEO and co-founder Chris Thür has been leading the charge towards the company’s goal of making musicality as common as literacy, and overseen lots of change in […]
Sustainability. A big, scary word to wrap your head around. It encompasses such humble goals as fighting climate change, providing safe and humane living conditions for all, maintaining biodiversity, eliminating toxins from our ecosystems, and generally just making sure that humans have a better, safer, fairer world to live in now and in the future. […]
Got a stellar startup based in Northern Europe? Are you looking to create new markets or reshape the existing ones with the help of AI, machine learning, or new user experiences, perhaps? Read on, superstar! With big names such as Supercell’s Ilkka Paananen and Mikko Kodisoja, Niklas Zennström from Atomico, Mistletoe Venture Partners International and […]
If you listened to Al Gore when he gave his Opening Keynote Speech at Slush 2017, this shouldn’t be news to you, as he let the secret out while congratulating Andreas Saari on his new position… Don’t remember? That’s fine. As long as you’ll listen more carefully when he talks about climate change, we’re all […]
Real estate agents, beware: there’s a new kid on the block. Blok, the virtual real estate agent automating apartment sales, was founded by Rudi Skogman – one of the early Slushers – shortly after he sold his own Helsinki apartment. The apartment sold quickly, being the awesome, well-located pad it was. Still, there was one […]
Who’s in charge here? That question has been asked all over Slush Music this year. Who’s in charge of rights? Who’s in charge of data? Who’s in charge of the industry? While these conversations are going on, it’s been reiterated constantly that the Nordics are known for community and to dismantle the traditional hierarchical structure. […]
On the Slush Music stage, three powerful women Linda Portnoff, CEO of Musiksverige and Founder of Riteband, Anya Trybala, Founder of Synth Babes and The Banshee Club Via Musikka, and Claudia Schwarz, VP at Music Tech Germany discussed the current state of women in the music industry. As phrases like: “I’d like to see more women […]
Music tech incubators Amplify Sweden, TechStars Music Accelerator, Abbey Road Red, and The Venue Berlin took to the Slush Music stage to explain how music tech incubators are uniquely qualified to bridge the gap between creatives, tech and investing. Early on the James Brown stage, Amplify Sweden introduced themselves to Slush Music as Sweden’s first […]
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