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.

Startups To Watch: Nordic Startup Awards 2018

One of the Nordic’s most prestigious and biggest startup events has come to an end. The Grand Finale of the The Nordic Startup Awards 2018 took place in Denmark. This year, the competition had reached the number of 2,500 startup nominees, which were thoroughly screened and evaluated by 50 expert ambassadors and jury members. The winners from these rounds were then further ranked by an international jury, and their decision was eventually combined with over 35.000 individual public votes from each of the five Nordic countries.

As a unique series of events in the Nordic countries - Denmark, Sweden, Iceland, Norway, and Finland -  Nordic Startup Awards recognize, celebrate and connect the Nordic startup ecosystem bringing together innovators, growth companies and entrepreneurs from all industries possible. With no exception!  

All countries have presented high quality candidates and there is a good balance between B2B and B2C companies, also characterised by being extremely scalable.
— Kim Balle, CEO of Global Startup Awards

We wish all the luck to the winners, that will have the opportunity to compete further in the Global Startup Awards in 2019. Meanwhile, as the voting has been complete and the new startup heroes have been chosen - here is a summary of startups that took the winning spot in 8 categories.   

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Stay tuned for more industry insights and digital sneak peeks!

Yours, Catapult team.


Sources:

http://www.eu-startups.com/2018/10/nordic-startup-awards-2018/

http://nordicstartupawards.com/

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 Disruptive FinTech Startups

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Fintech industry is booming - innovators and entrepreneurs across the globe are taking over. VCs are making the biggest bets in the financial sector, and the exponential growth of VCs spending doubled in 2018 comparing to all of 2016 and 2017 put together. Fintech is a multi-billion dollar industry with nearly 1,500 venture capitalist-backed deals - and the year is not over yet.

Completed VC deals for fintech startups

Apart from Stripe and SoFi, the vastly growing services that pop in the media and on the market a lot, there are dozens of newly born fintech unicorns that conquer B2C and B2B markets. We’ve picked 5 fintech growth companies that have become unicorns by challenging banks and other institutions with new disruptive technologies.


1. Revolut

www.revolut.com

London, England

This banking app provides mobile foreign exchange services designed to help in global money transfer. Expanded to the sectors of cryptocurrency trading, property investment and insurance, Revolut has quickly raised a whopping $250 million led by DST Global at a valuation of $1.7 billion in April. At the moment, a unicorn has a growing number of over 2 million customers with a count of £15 billion-worth of transactions.  

2. OakNorth

www.oaknorth.com

London, England

Another London-based fintech startup worth mentioning is OakNorth, which provides lending solutions for SME. The idea of giving loans that are backed by cash flow or a mix of other assets instead of property appealed to to several backers Singapore's EDBI and NIBC Bank, bringing OakNorth to the funding rounds of total $576 million.

3. N26

www.n26.com

Berlin, Germany

N26 is considered to be one of Europe's pioneers in digital banking, providing mobile banking services intended to redesign banking for the people, making it simple, fast and contemporary. Germany's unicorn raised $160 million in a round led by Allianz X and Tencent. It is expected that the company will process around $16 billion in transaction volume in 2018.


4. Coinbase

https://www.coinbase.com/

San Francisco, California

Continuing the cryptocurrency trends, US-based unicorn, Coinbase, is a digital currency wallet and platform where merchants and consumers can transact with new digital currencies like bitcoin, ethereum, and litecoin. The company has raised $217 million in funding, which allowed it to gain a unicorn status with a $1.6 billion valuation.

5. Atom Bank

www.atombank.co.uk

Durham, England

A mobile-only bank intended to offer internet banking services, Atom Bank, focuses on business lending and mortgage products. The company’s valuation is £450 million with netted £149 million in a round led by BBVA (again) and Toscafund. Atom Bank has already taken around £1.3 billion in deposits, as well as lent out more than £1.2 billion to businesses and homeowners.


Now, the real question arises - what is the next step for big banks and financial institutions to up the game, when competing for the same market space alongside innovators and disruptors becomes harder and harder? Catapult has an answer to that question - with its result-oriented and data-based services that help big corporations find the best tech solutions across Europe.

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.