Flextown secures € 135k angel funding for digital business cards
Trendsonline reports that Flextown gets a million DKK investment (€ 135K) from former Ernst & Young CEO, Per Møller through the firm Birch Stream . U.S. venture Flextown was started two years ago, and the aim with the funding is to get go bigger then just the scandinavian market, and enter the US. They have […]
Fallen heroes – an important part of the startups eco-system
We have covered some of the failures of startups in the region before, and with the recent article about Admazely’s failure we have decided to make a separate section devoted to these stories, which we have chosen to call Fallen Heroes (inspired by this thread in the community group). Unlike the success stories section, which […]
Startup gets € 550K funding to send pastry abroad
Startup Pastry Sweden, which is behind the popular site skickatårta.se, that allows home-delivery of cakes and pastry, has secured 5 Msek (€ 550 K) from Industrifonden, a state-owned investment fond. Pastry Sweden was started by Magnus Noord and Magnus Äng, who had previously been senior management at EuroFlorist and helped build the brands online presence […]
Area9 acquired by McGraw-Hill – allegedly for up to €130 Millions
E-learning startup Area9 announced earlier that they had been acquired by McGraw-Hill Education. Terms of the deal were not disclosed officially, but rumored it could be as much as 1 billion DKK in total by Børsen (over €130 millions). Area9 has had a collaboration with McGraw-Hill Education since 2007 and in early 2013 the company […]
Christoffer from Localize Direct about pitching to american VC:s
Business Sweden organized a trip to the U.S. for four startups that looked for investments. One of the companies accepted was Localize Direct, a Helsingborg-based startup focusing on translation and localizations for game developers. Their specialized tool and service helps both big and small game developers to be playable on all languages – both local […]
Project Canvas – a BMC inspired project tool launched
Earlier this week Project Canvas was launched officially, a simple canvas model for projects. The aim is to simplify project communications, and it is available for download here. Behind the tool are 8 project addicted people, amongst them Simon Stubben, who is also involved in the startup BillyTracker, and who started working on the Project […]
Copenhagen Suborbitals: Amateur Rocket will be tested in March
Copenhagen Suborbitals is a non-profit space organistaion. Kristian von Bengtson and Peter Madson have founded Copenhagen suborbitals in May 2008. Since then this project is supported by private donors, sponsors, or part-time specialist. Their mission? To launch a human into space, and to prove that human space flight is possible without heavy government funding. Finally, […]
DealCircle raises $750k to slash legal fees for startups
Copenhagen-based investment platform DealCircle announced today it has raised $750k (€ 550k), with some impressive names on the list. It aims to slash the legal fees racked up in early stage investments in startups, ensuring that entrepreneurs can keep hold of as much of their funding as possible. DealCircle, a members-only investment platform, came together […]
Leapfrogs for student business development is open for application
Leapfrogs, a project that provides students with financial support to develop their business ideas, is open for application. The sum awarded corresponds roughly to the students CSN (SU) level, being 27 000 SEK (roughly € 3 000) for the period of 3 months. The goal is to enable students to work on their own ideas […]
Erghis Sphere wants to change how we type and interact with devices
Startup Erghis just announced a crowdfunding campaign, with the aim of creating a new way to interact with computers and phones. Touchless is something multiple startups in the region are working on, such as Crunchfish and The Eye Tribe. But Erghis solution is not a new technology for reading touchless signals, but rather the user-interface […]