Look on Slush100 Startups

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A well anticipated happening, world’s leading startup event and the only reason Helsinki is filled with tourists in November - Slush 2018 is just around the corner! Slush 100 Pitching Competition traditionally highlights the early stage founders and ideas that would later receive a great deal of attention from investors, media, partners, potential co-founders, fellow entrepreneurs, industry leaders and future team members. We took a look at Slush100 Startups announced for this year - some of the early-stage companies founded only 1-3 years ago, already show a steady revenue stream, ready product-market-fit or large sums raised.

Highlighting 12 startups of Slush 100 list:


CubiCasa | www.cubi.casa

Provider of digital floor plans designed to help in home automation. The company's cloud-based real estate technology serves the global residential and commercial real estate market with digital 3D floor plans.

Total raised: 2,10M €

Founded: 2014

HQ location: Oulu, Finland

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Objectbox | objectbox.io

Provider of an object-oriented embedded database intended to offer SQLite. The company's object-oriented embedded database optimizes performance and designed to save app developers from dealing with SQL.

Total raised: 1,21M €

Founded: 2017

HQ location: Altrincham, United Kingdom

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Vyking | www.vyking.io

Provider of an online content monetization platform. The company offers a Web-based video advertising platform that enables publishers to maximize revenue performance from both direct sales and programmatic.

Total raised: 1,00M €

Founded: 2015

HQ location: Berlin, Germany

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Skore | www.skore.io

Provider of a platform for an easy-to-use digital hub intended to organize and publish knowledge content. The company's platform services include sharing content such as links, photos, files and notes from platforms already in use, enabling users to arrange content, interact and empower collaboration through comments, mentions and notifications.

Total raised: 0,88M €

Founded: 2014

HQ location: Sunnyvale, CA

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Zapflow | www.zapflow.com

Provider of an online productivity platform intended to keep track of incoming deals in the alternative assets market, CVC and M&A. The company's platform supports decision making, enabling investment teams to save time and make optimal investment decisions.

Total raised: 0,65M €

Founded: 2015

HQ location: Espoo, Finland

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Aerones | www.aerones.com

Developer of heavy-lift drones that are designed to lift up to 440 pounds of weight intended for wind turbine cleaning and de-icing drone markets. The drone is tethered and electricity and water is pumped from the ground, and this enables the drone to stay in the air as long as needed.

Total raised: 0,60M €

Founded: 2015

HQ location: San Jose, CA

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Accordium | www.accordium.com

Developer of a SaaS based transaction management tool designed to revolutionize the way documents are created, negotiated and electronically signed. The company's tool accelerates agreements and digitizes paper workflows, enabling businesses to build better relationship with their customers and closed deals faster.

Total raised: 0,50M €

Founded: 2016

HQ location: Copenhagen, Denmark

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Swedish Algae Factory | www.swedishalgaefactory.com

Provider of an algae-based wastewater treatment system designed to produced cost-effective bio fuel from algae. The company's algae-based alternative energy system extracts a nano-porous material from algae that makes solar cells more efficient as well as prevents harmful emissions of nitrogen and phosphorus into seas and oceans.

Total raised: 0,47M €

Founded: 2014

HQ location: Gothenburg, Sweden

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Insimu | www.insimu.com

Developer of mobile application intended to train medical doctors and students. The company's mobile application provides medical doctors and students the opportunity to practice their future clinical work in the safety of virtual reality on an infinite number of virtual patients.

Total raised: 0,39M €

Founded: 2016

HQ location: Debrecen, Hungary

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Teacherly | www.teacherly.io

Provider of an online collaborative lesson planning platform intended to deliver online and offline study materials to the students. The company's online collaborative lesson planning platform offers pre-built and fully customizable templates that can be shared with students as part of a classroom exercise, home learning or revision programme.

Total raised: 0,26M €

Founded: 2014

HQ location: London, United Kingdom

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Cochlear.ai | www.cochlear.ai

Developer of Artificial Intelligence technology designed to provide a system that hears and thinks like humans. The company's technology uses audio signal processing and machine learning algorithm to capture the data providing users with devices that can listen and understand the surrounding context.

Total raised: 0,23M €

Founded: 2017

HQ location: Seoul, South Korea

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EcoG | www.ecog.io

Provider of an Internet of Things platform intended for electric vehicle charging that can be integrated into local businesses. The company's Internet of Things platform offers a customized electric vehicle fast charging experience through a PaaS for value added services and shared revenue streams.

Total raised: 0,10M €

Founded: 2017

HQ location: Furth, Germany

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Btw, here is the list of all Slush100 Startups!

 

12traits

Accordium
Aerones
Agens Ltd
Ainak Oy
Aito.ai
Aitocode
Aligner
AlvinOne
Anacode
App Radar
Aris MD Inc

BA energy Co., Ltd.
BASIS ID
Blixt Tech AB
Boksi.com
Box system LLC

Cardiolyse Oy
CastPrint
Cavea
CellVita Science Inc.
CENOS
ClearSpace SA
Clever Cloud
CLiKD
Cochlear.ai
Contract Mill Oy
COSMIAN
CubiCasa
Cumul.io
Cuppla

DOCYET
Donna
Duuers
Dwellet

EcoG
eeedo inc
Eightydays.me
Expivi
Eyedius Technology, Inc.

Fanvestory
FinnAdvance

IndiNature
InSimu

Lifemote Networks
Limitless
Lovys

MAKNEE
MeduSoil LLC
Meeshkan
Modvion
Mojo Fertility
MOPRIM
MPower Ventures

NanoPrint
Nanvio
Nell Health
Neuroflux
Newsvoice.com
nexNeuron
Nordic Medicine and Wellness Oy

Passenger
PhotonBridge
PlanBlue GmbH
Precisely
PrivacyAnt Ltd.
ProHacktive

QuietOn

Rebartek AS
ReceiptHero
Remomedi Oy
Retube Interactive Video
Robo.CEO

Saidot.ai
Sartar Therapeutics Ltd.
SB Solutions, Inc.
SENSE2BEAT
SimAnalytics
SkenarioLabs
Skore
Softagram
Solfeg.io
Spacetek Technology AG
Stroma Vision
Swedish Algae Factory AB
Sympatient GmbH

Te?ted Oy
teacherly.io
Triangela AB
TRYATEC

Umnai

VPIX Medical
Vyking

Wibe Academy

Zeleros hyperloop

Winner of Slush100 in 2017  Photo: http://www.altumtechnologies.com/slush100-pitching-winner/

Winner of Slush100 in 2017

Photo: http://www.altumtechnologies.com/slush100-pitching-winner/

 

We did out homework. Now it’s your turn! - Let’s meet up at Slush main event or side events to discuss your business development and digital needs and find you a winner-startup, tech provider and innovative solution!

Stay tuned for more industry insights and digital sneak peeks - see you at Slush!

Yours, Catapult team.

7 Industries VR/AR Is About To Transform [infographic]

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There is more to VR/AR than gaming. The potential of this technology across a variety of industries is extensive, anything from healthcare to real estate and education can find its processes reinvented using VR/AR in no time.

Speaking in numbers, AR/VR startups raised $3 billion in 2017, and the number is expected to be even higher by the end of this year.

We’ve listed 7 industries, that at the first glance may not appear as VR/AR-friendly industries, yet have more and more immersive technologies utilized in day-to-day processes and operations.

Infographic, 7 industries that VR/AR is about to transofmr
 

WHAT STARTUPS ARE IN?

1). Retail

Bold Metrics, formerly Fashion Metric, uses machine learning, math, and data science to personalize the customer experience in-store and online.

https://www.boldmetrics.com/

2). Agriculture

Infosys has a stake in AR/VR for agriculture through its Plant.io project, which is an open source, plant-growing platform that aims to bring new forms of software-driven intelligence and interaction to the plant growth cycle.

https://www.infosys.design/plantio/

3). Marketing & Ads

OmniVert provides a “360° Virtual Reality advertising platform” whereby brands, developers, and publishers can monetize and disseminate VR content.

https://www.omnivirt.com/

4). Military

ScopeAR uses augmented reality to equip military officials with “computer vision technology” to help with equipment maintenance and repair. The Company integrates the most current AR technologies into their solutions, and AR glasses providing the user with a "See-It, Do-it" experience.

https://www.scopear.com/

5). Law enforcement

VirTra is a global provider of training simulators for the law enforcement, military, educational and commercial markets, e.g. de-escalation training, judgmental use of force and firearms training simulator.

https://www.virtra.com/

6). Healthcare

AccuVein is a provider in medical imaging, offering a hand-held, non-contact vein illumination solution, which allows nurses and doctors to see where various veins and valves are in a patient’s body.

http://accuvein.com/

7). Recruitment & HR

Mimesys is applying AR/VR to provide collaborative remote work - it is the first holographic meeting platform, which puts real people in a shared virtual space from anywhere in the world.

http://www.mimesysvr.com/


Those were just a few examples to illustrate how VR/AR is evolving even in the sectors unusual for such technology. Glancing at the more traditional industries like manufacturing, logistics, banking and construction - VR/AR is an ultimate tool for more efficient processes and more engaged customers. About this and other tech trends in the upcoming industry insights! Meanwhile:

Stay tuned for more industry insights and digital sneak peeks!

Yours, Catapult team.


5 Largest Unicorns in Europe

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There is more than one “corn“!

Even though China and US remain to be accelerating most unicorn companies around the globe, you would be surprised to see how fast Europe is catching up. Before diving into the 5 largest European unicorns, first things first - we must renew our unicorn vocabulary. With the new funding dynamics and types of companies appearing on the market today, we’ve officially entered the age of decacorns and hectocorns.

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As of August 2018, there are more than 270 unicorns (and other “corns”) around the world. And Europe’s tech scene is hotter than ever with over 30 unicorn startups on the market!

Largest venture capital-backed unicorn companies in Europe in 2018, by market value (in billion euros):


Let’s take a look at the top 5 largest unicorns in Europe in 2018:

 
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Spotify

Digital music service that gives you access to millions of songs.

Headquarters: Luxembourg City

Founded: 2006

Employees: 3000+


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Adyen

Global payment company that allows businesses to accept e-commerce, mobile, and point-of-sale payments.

Headquarters: Netherlands

Founded: 2006

Employees: 880


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Farfetch

Online luxury fashion retail platform that sells products from over 700 boutiques and brands from around the world.

Headquarters: England

Founded: 2007

Employees: 2000


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Auto1 Group

Europe's leading car trading platform.

Headquarters: Germany

Founded: 2012

Employees: 3500+



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Telegram

Cloud-based instant messaging and voice over IP service.

Headquarters: Germany (initially)

Founded: 2013


Despite the industry variety of aforementioned unicorns, they all have one thing in common - being digital, being tech and being innovative. It’s all about disruption - the old processes efficiently transformed into the upgraded digital platforms, systems and offerings. This is the world today, wherein Unicorns, Decacorns and Hectocorns almost always go with the suffix “tech”.

Find your tech solution using Catapult’s Europe-wide access to over 100.000 growth companies and solution providers!

Stay tuned for more industry insights and digital sneak peeks!

Yours, Catapult team.


Unicorns, DX and Google’s 20th

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It’s hard to imagine, but we've been using the term 'Google it' for 20 years, and, topics of our search as well as the way we search information has changed a lot. Affected by the inevitable technological leap forward in both B2C and B2B, we no longer do MP3s and chat rooms. For the occasion, Google published 17 fun Easter eggs, that can be found in Google Search today, and are nearly considered to be the spelling mistakes or the ghosts of our retro past. Is Google a new Millennial? Here are some of the picks:

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MP3 file / Stream music

Watch a dvd / Streaming subscription

Page me / New phone, who dis?

Chat room / Text the group

How to tell someone you like them / Swipe right

Digital pet / Fidget spinner

Clip art / GIF

Inspired by the Google’s celebratory Easter Eggs, the question arose: how far does the list go across industries and will it continue to grow exponentially? Technologies are emerging, the tech jargon has evidently transformed, processes become more digital and automated, artificial intelligence and machine learning evolves at a speed of light.

Worldwide spending on digital transformation (aka DX) technologies will reach $1.3 trillion in 2018, up 16.8% from the $1.1 trillion spent last year.

The trend is seen among more traditional industries as well. - Porsche has increased its total investment in VC activities by €150 million for the next five years. Why? “Porsche Ventures” initiative aims to gain access to trends, new technologies and business models. Companies across the globe are heavily investing in innovations, emerging technologies, and startups.  


Speaking of investments - to continue the fun Google’s Easter Eggs list:

Hotel - AirBnB

Taxi - Uber

Bank payment - Stripe

CD rental - Spotify

Physical store - Amazon


What these services have in common, or, to be precise, not-have in common? - The physical space, properties, cars... These giants and unicorns heavily invested in highly scalable, technology-driven concepts and complex IT infrastructures. It consequently enabled them to disrupt billion-dollar global industries. This statement is also supported by the recent McKinsey study, which shows that superior digital strategies can boost revenues by more than 15%.

Maybe the next DX unicorn is just around the corner? For the past year, Catapult has introduced hundreds of growth companies with outstanding technologies and digital solutions to its corporate clients. The only way to refrain the retro ghosts of our part from coming back is to build the new future. Catapult is here to help your company grow, scale and achieve success in the digital transformation! 


Stay tuned for more industry insights and digital sneak peeks!

Yours, Catapult team.


10 Breakthrough Technologies in 2017 - MIT Ranked

These technologies have a staying power and will affect the economy and politics, improve medicine, or influence our culture. Some of them are ready to be applied into action now, some still need a few years to develop further.

 

Reversing Paralysis:

By using brain implants, scientists are able to make remarkable progress in restoring the freedom of movement after the suffering of spinal cord injuries. For people this medical service is available in ten to 15 years and will change the way paralysis is treated completely. How does it work at the moment? A recording device is installed below the skull, touching the motor cortex of the brain and a sutured pad of flexible electrodes are placed around the spinal cord, below the injury. A wireless connection joins these two electronic devices. The system installed in the brain reads the intention to move and transmits immediately this information to the spine in the form of bursts of electrical stimulation.

Self-driving trucks:

Multiple companies are now testing self-driving trucks. Many technical problems still remain unresolved but proponents claim that self-driving trucks will be safer and cheaper. Autonomous trucks can coordinate their movements to platoon closely together over long stretches of highway, cutting down on wind drag and saving on fuel. Testing the trucks and letting them drive themselves part time help truckers complete their routines sooner too. The mechanics still need to figure out and demonstrate that the sensor and code can match the situational awareness of a professional trucker in the face of confusing road hazards, poor surface conditions and unpredictable car drivers.

Paying with your face:

China is currently using face-detecting systems to authorize payments, provide access to facilities and track down criminals. When will other countries follow? In the past few years computers have become very skilled at recognizing faces and the technology is expanding quickly. The technology used in China automatically captures faces from countless angles, the software can track up to 83 different points on the face simultaneously. This type of face recognition might transform everything from policing to the way people interact with banks, stores and even transportation services. The same technology is also already being used in several popular apps as a paying method. The software can be used to utilize your face as credentials. The software has a “liveness” test to ensure that the systems can’t be duped by using a photo, so the person using the recognition has to move their head or speak while the app scans their face. This type of software will also disrupt surveillance and security industries.

Practical Quantum Computers:

In a few years these computers could rewrite encryption, materials science, pharmaceutical research and artificial intelligence. This year a raft of previously theoretical designs of these computers are actually being built and the increased availability of corporate funding from Google, IBM, Intel and Microsoft has helped both the research and the development of assorted technologies needed to built a working quantum machine: microelectronics, complex circuits and control software.

Quantum computers will be particularly suited for factoring large numbers, solving complex optimization problems and executing machine learning algorithms. Applications of these aforementioned functions are numerous and yet to be envisioned.

The 360-Degree Selfie:

Inexpensive cameras are making spherical images and opening a whole new era in photography and changing the way people share their stories. These types of documentations have been used to visualize how we experience the world, its’ sights and sounds: for example, how climate change is affecting our surroundings, hurricane damages, surveillance, war zones and refugee camps and even utilizing these types of spherical videos in educational videos for surgeons.

Hot Solar Cells:

MIT scientist have built a type of solar energy device that uses inventive engineering and advances in material science to capture the sun’s energy far more effectively then the solar panels we see on the roofs of many houses now. The technology first turns sunlight into heat and then converts it back into light but focuses the light within the spectrum that solar cells can use. This MIT device is the first to absorb more energy that its photovoltaic cell alone, which proves that this approach will dramatically increase the efficiency of solar power. Normal solar cells can’t turn more than 32% of the energy into electricity, but the MIT device could be twice as efficient.

Gene Therapy:

Scientists have been able to solve some fundamental problems that were holding back cures for rare hereditary disorders and now they’re seeing if this approach can take on cancer, heart diseases and other common illnesses as well. The doctors are able to infuse the therapy into the patients body to replace the gene that is causing the disease. The researches use an engineer virus to deliver healthy copies of a gene into patients with defective versions of that gene. Fixing rare diseases could just be the start. Researchers are studying and doing clinical trials for about 40 to 50 different diseases and expanding their research into engineering these therapies for more common diseases such as Alzheimer’s, diabetes, heart failure and cancer. More daring envisions even state that someday we might be able to fight the effects of aging with gene therapy.

The Cell Atlas:

“Biology’s next mega-project will find out what we’re really made of.”

Scientists are working on a scheme to individually capture and scrutinize millions of cells using the most advanced tools in modern genomics and cell biology. Their object is to build the first map of human cells and to comprehensively reveal what human bodies are actually made of for the first time. This would provide the scientists a new model of biology that could speed up the process of research for drugs. Three technologies are enabling this research: Individual cells are separated, then tagged with tiny beads and manipulated in droplets of oil that are then shunted down the narrow artificial capillaries and etched into a tiny chip to be corralled, opened and studied one by one. The genes that are active in single cells are identified by decoding them in super sequencing machines that are so efficient that a single scientist can process up to 10,000 cells a day. The third technology uses novel labeling and staining techniques that can locate each type of cell on the basis of its’ gene activity.

Botnets of Things:

Botnets have existed for at least a decade but now due to the massive growth of IoT, the problems with hackers and their website attacks are getting much worse. Because IoT devices typically have little or no security, hackers can take them over with little effort. This makes it easier than ever to build huge botnets that can take down much more than one site at a time.

Reinforcement Learning:

Computers are able to figure out how to do things that no programmer could ever teach them by experimenting. Reinforcement learning may soon inject greater intelligence into much more than just games, like previously. This technology can, for example, get a robot to grasp objects it has never seen before and figure out an optimal configuration for the equipment in a data center. This type of learning copies a simple principle from nature: learning to associate behavior with the desired outcome. Reinforcement learning works because researchers found out how to get a computer to calculate the values that should be assigned to the choices between each “right” or “wrong” decision it makes. Each value is restored to a large table and are updated as the computer learns.

 

 

 

For a more thorough read: https://www.technologyreview.com/s/603500/10-breakthrough-technologies-2017-botnets-of-things/