Author name: Sakri Viklund

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American Company Established a Subsidiary in Jyväskylä, Finland for University Cooperation

JYVÄSKYLÄ, FINLAND – USA Medical Electronix has established a subsidiary in Jyväskylä thanks to successful university cooperation. The company develops a home-use defibrillator, the software for which was completed in Jyväskylä. The cooperation supports the University of Jyväskylä’s goals for its engineering education, whose first Master of Science in Technology students will graduate in 2026. …

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Engeström and Ahopelto say that Finland needs more unicorns

HELSINKI – Startups have become an increasingly significant part of Finland’s exports. Experienced entrepreneurs and investors Jyri Engeström and Timo Ahopelto have written a handbook about startups for young people.The book will be distributed for free to all third-year students in secondary education.These men know what they’re writing about. Jyri Engeström cemented his place at …

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Narvi Payments Oy Enters the Expansion Phase

Narvi Payments Oy, a Finnish startup founded in 2021, is setting its sights on international expansion. The company provides business bank accounts with dedicated Euro IBANs for e-resident companies of all sizes. Opening an account online takes less than 10 minutes, allowing businesses to start sending and receiving Euro payments from over 100 countries within …

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Mastercard Lighthouse 2025 Showcase and Spring Finale Was at Latitude59 in Tallinn

The three finalists of each program were chosen for their progress in the program, innovation, partnership readiness, and impact potential.Axiology was selected as the regional Baltic Class Winner, as well as the Overall Winner of the Mastercard Lighthouse FINITIV Program 2025 Spring edition. Axiology develops DLT market infrastructure for regulated tokenized securities under EU DLT …

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Former President of Estonia Toomas Hendrik Ilves and German MEP Damian Boeselager Envisioned the Future of Europe at Latitude59

Leading a country or a company in Europe presents similar challenges: protecting citizens and clients, securing markets and borders, attracting investment, managing partnerships and foreign policy, and attracting and retaining talent. The book called “Strategies and Visions for Europe” explores these issues through the lens of startups and various sectors including Defense/CyberSec, Healthcare/MedTech, Public/GovTech, Environment …

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Latitude59 Pitch Competition Winners Have Secured Total over €20 Million in Investments

At the international startup conference Latitude59 held in Tallinn, the 2025 victory was shared by three companies. Investments ranging from €175,000 to €250,000 will be made in Estonian green energy solutions developer MarkeDroid, Latvian construction startup Adventum Tech, and Lithuanian defense technology company Luna Robotics. The syndicated investments are provided by business angels from Estonia, …

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Latitude59 of Tallinn Was a Great Success also Measured by Numbers

Latitude59, which took place for the 13th time in Tallinn, Estonia, was visited by more than 3,500 people, including more than 900 startup representatives and 20 national delegations. Nearly 700 investors participated this year. 170 speakers could be seen on Latitude59’s stages. In total, there were participants from more than 70 different countries worldwide. This …

Arctic15 takes place in an old cable factory in Helsinki.
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Busy start-up season both sides of the Baltic Sea

The up-tempo business season is leaning towards tranquil summer vacations. Still, there are two signature events left, like cherries on the cake-top: Latitude59 in Tallinn (May 21-23) and Arctic15 in Helsinki (June 4-5).Latitude59 is an international, impactful, and diverse startup and technology conference and a global platform that connects startups, investors, and ecosystem builders all …

Communities, Events, Finland, Oulu, Uncategorized

Nanofiber Innovation Takes Top Prize at Oulu’s Polar Bear Pitching

Polar Bear (Jason Brower) and MC Simo Kekäläinen put up an interval show. Startup companies competed this year in the Polar Bear Pitching event held in Oulu, Finland, in an exceptional location and under extraordinary circumstances. By the Oulujoki river, the weather was mild with temperatures above freezing and drizzling rain.The finals of the event …

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Natural Alternatives Without Compromise

Svelli, a Danish foodtech startup with ambitions to revolutionize the sugar-free product market, has secured investment from several Danish investors. Svelli aims to challenge the status quo in a food industry where sugar and ultra-processed foods continue to dominate. Rather than simply offering “healthier alternatives,” the company focuses on creating full-fledged replacements. This requires not …

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