Estonia Economic February 2018

Chaganomics

Exports expanded at a solid rate in both October and November thanks to improved demand from Estonia’s main trading partners. According to Statistics Estonia, growth in industrial production moderated from a revised working-day adjusted 6.0% Central Europe Estonia Technology

Estonia’s new e-residents are surpassing the country’s birth rate

The Next Web

Estonia is the first country in the world to offer an ‘e-Residency‘ to people of any nationality. If you become an e-resident, you get a governmentally issued digital identity like other Estonians, that you can use to set up your own company in Estonia — completely remotely.

Ukraine, Estonia, Chile, Finland: The saga of four accelerators

The Next Web

Entrepreneur Europe Latin America accelerators Chile estonia finland funding TechIt’s hard to get the exact data on how many startup acceleration programs are being launched every year, but it’s definitely a lot.

Chile 65

The ArcticStartup guide to: Estonia

ArcticStartup

We’ve brought you guides to Riga and Lithuania before, and we know quite a few were looking forward to Estonia. For its size, Estonia is generating more high quality startups than you would expect.”. - Naval Ravikant, Founder of AngelList".

What it’s like to found a startup in Estonia

The Next Web

I happen to be from Estonia, a small, but fiercely proud country near the Baltic Sea, one with a burgeoning startup scene that’s full of driven, intelligent and hungry entrepreneurs. You’ll also find a much more committed mindset in Estonia than you will in California.

Estonia Or Silicon Valley – What's The Difference?

ArcticStartup

Two months ago, I returned from my 6-week long trip from Estonia to Silicon Valley, where I attended Draper University and peeked into some unicorns (e.g. Coming back, it really opened my eyes towards the pros and cons of both Estonia and Silicon Valley.

Estonia to Invest €60 Million Into Startups

ArcticStartup

Top Image Courtesy of Shutterstock // Estonia Euro As reported by E24 news , the Estonian government plans to create a fund of funds with a total size of EUR 80 million with an aim to invest into startups.

Shop By Invitation: Ooolala From Estonia

ArcticStartup

Ooolala, a company based in Estonia decided to introduce this type of members-only flash sales to the Nordic and Baltic region and started in Estonia in 2012. Currently Ooolala boasts over 50 000 members in Estonia and already over 5000 within a month of operations in Finland.

Who Will Build The €600 Million Datacenter In Estonia?

ArcticStartup

In the recent Estonian news, we found out that a company known as "Data Valley Enterprises OÜ" is planning to establish Europe''s largest data centre in Estonia.

Estonia Launches Country As A Service Software For Other Countries

ArcticStartup

The new CountryOS service was built in the co-operation of the government of Estonia, tech entrepreneurs and Tallinn Science Park Tehnopol. The platform is a tailored version of the one that is currently used to manage Estonia.

A castle built from Bitcoins rises in Estonia

ArcticStartup

We know Estonia as a progressive and tech savvy country. Well, there’s a 600 years old castle in North Estonia called Malla Manor that is set up to become a Bitcoin innovation centre, according to Finnish silver investor and Bitcoin entrepreneur Risto Pietilä.

To Get Kids Coding, Countries Should Follow Estonia's Programming Tigers

ArcticStartup

But in Estonia, this dream shared by Zuck, Gates, and Will-i-am already exists. The goal is to continue Estonia's dominance when it comes to technology, programming, and the e-estonia initiative. "If

Estonia Gets 60 mln Euro Fund of Funds

ArcticStartup

The new EstFund is a first of its kind in Europe and shows how together with local risk capital funds and the Estonian authorities, EIF can help to build a strong investment ecosystem in Estonia," Roger Havenith, The European Investment Fund’s Deputy Chief Executive, said in a statement

Finns crowdfund brewery in Estonia without a platform

ArcticStartup

Finland’s beer taxes and brewery regulations are such that even a young, enterprising Finnish startup like Sori Brewing has chosen to move its operations across the Baltic Sea to Estonia to be able to make their craft beers at an affordable price and without so much bureaucratic red tape.

Estonia's DeltaBid Replacing Outdated Procurement Processes

ArcticStartup

Estonia''s Deltabid (formally Liitu) has launched an e-procurement tool to standardize the tender process, cut paperwork, and help companies save money.

Honest, Anonymous Feedback From Estonia

ArcticStartup

Sayat.me is a new Estonian startup looking to enable better, honest albeit anonymous feedback about people (to begin with). The service was founded by Asko Seeba as well as Priit Salumaa and Indrek Ulst.

Nevermind Finland: Here's Estonia! [Part 1/3]

ArcticStartup

Estonia doesn’t exactly jump to mind when asked about the hottest European startup countries. Connect Estonia organizes trainings and seminars for angels, and mentoring events for selected companies, where they will pitch to a panel of experts. There is Enterprise Estonia , and WNB.

Estonia To Make Public Sector Data Open To Entrepreneurs

ArcticStartup

It's a respectable initiative that all fits into the e-Estonia trend pushed to put Estonia on the forefront of how citizens interact with their government through online services. Estonian entrepreneurs will soon have a new resource to build services off of.

Estonia's Weekdone faced with $37 Billion worth of non-productivity

ArcticStartup

This is why it’s always nice to do a recap on Estonia’s Weekdone. No one likes inefficient meetings. They drain your focus, waste your time and on the long run they end up costing a good deal of money.

Estonia's Svipe does NFC Payments with a Twist

ArcticStartup

Estonia based start-up Svipe will be bringing its card free payment solutions to retail shops around the world with financial backing from the LHV Bank ing association and mobile payment expert NOW!

Estonia Scores A Landmark Exit: GrabCad Acquired by Stratasys at over €70M

ArcticStartup

It has been a while since we have reported an exit for Estonia. First, it is just the second venture backed major exit for Estonia, the other one being Modesat Communications that happened roughly two years ago.

Estonia's Plumbr Gets Serious as a SaaS Memory Leak Solution

ArcticStartup

Estonia''s Plumbr is transforming into a full featured SaaS product by adding more centralized features and a wider scope to their code performance detection service.

Java 31

Signwise From Estonia To Take Digital Signatures Mainstream

ArcticStartup

Unfortunately, outside of Estonia this system and the likes of it are not that wide-spread despite the EU Directive on Electronic Signatures that was put in place in December of 1999. Estonia ?

Nevermind Finland: Estonia’s Garage48 [Part 3/3]

ArcticStartup

Clearly, Estonia has a strong and enthusiastic startup scene. At the end of August, the Estonian startup scene’s biggest gathering took place.

Estonia's Cloutex Raises €441,000 Seed For Cloud Services Integration

ArcticStartup

Estonian cloud startup Cloutex announces it has raised $600,000 (€441,000) in seed funding. The company provides cloud services integrations to synchronize your customers and records across platforms like Pipedrive, Salesforce, FreshBooks, Highrise, and so on.

Startup Incubator Begins Accepting Applications In Estonia

ArcticStartup

Startup Incubator , a new program aimed at helping startups, has spun off from Tallinn Science Park Tehnopol and begun accepting applications. The program is named Startup Incubator and it was set apart to serve startups better in a more focused way.

Estonia's Nutiteq Snapped Up By CartoDB

ArcticStartup

New York-based CartoDB , a location intelligence, data analysis and visualization company, said on Wednesday it has acquired Tartu-headquartered Nutiteq , a mobile mapping software development company with more than 15 million installations of their SDK, and a roster of clients that includes SeatGeek, LonelyPlanet, iRobot and Accenture, among others. The value of the deal was not disclosed. “We We believe there is a big opportunity to rethink how we interact with location data on mobile devices.

Estonia's Weekdone Launches Team Management Tool on iOS

ArcticStartup

A team leader''s job is to make sure people get things done, and you can''t improve what you don''t measure. Enter Weekdone, the Estonian productivity and task completion application that now announces it has launched on iOS and a major new web version.

Estonia's Y.O.D.A. Case puts Hand-Sewn Carbon Fiber Cases up on Kickstarter

ArcticStartup

As mentioned, the new cases for handsets and laptops are handmade in Estonia and are built from carbon fiber weave and woll felt.

Estonia-based Creative Mobile Scores Big With Drag Racing Game

ArcticStartup

However, Funtikov also expressed his concerns about the game and app development scene in Estonia, as most developers tend to focus on things like web services and enterprise solutions. “We Should some of the future talent in Estonia be diverted to mobile app and game development?

The story of Jump or Fall - Georgian team at Estonia's Gamefounders

ArcticStartup

We typically never just re-publish what someone sends us, and Georgia is far from "Arctic" but we got such a crazy email after meeting Georgian game developer Sanders Kvlividze part of the Estonia-based accelerator, Gamefounders , that it sounds better coming straight from him.

This Skype Mafia-Backed Startup Wants to Crush Your Email (and It Just Might)

Inc Startups

If you haven't heard of Estonia's Fleep yet, it's only a matter of time

AS Discussions: Estonia Considers a Nerd Draft to Staff Cyber Army

ArcticStartup

"In 2007, the Baltic republic of Estonia was blindsided by a series of large-scale cyber attacks, crippling the country's government, financial and media online networks – the world's first cyberwar. Eventually the origins of the denial of service (DDoS) assaults were traced to Russia, which has led the country to create a Cyber Defense League, a specialty military unit of IT volunteers that would help fend off similar future cyberassaults.". Click here to read more about discussion item

How this shy country wants to become the Silicon Valley of the Baltics

The Next Web

In recent years we’ve been continually impressed with the small Baltic country of Estonia, which has been a frontrunner in many areas within digital solutions and tech innovation, such as e-residency, digital policies, and national cryptocurrencies.

More innovation off the beaten path

deal architect

Last entry this year in a series on innovation from places you do not typically expect much innovation from Startup City – Boulder, CO Monument Men – structures across US Desert West Diplomacy and Digital Signatures – Finland, Estonia Technology

Get Your Pitch Ready For VCs And Win – Announcing Elevator Pitch Competition

ArcticStartup

The Elevator Pitch Competition is organized as part of the Third Annual Tallinn Conference by The International Technology Law Association and Enterprise Estonia.

Mini Seedcamp Copenhagen Opens For Applications

ArcticStartup

In fact, one of the most impressive Seedcamp goer comes from Estonia: Erply just raised $2 million round from Redpoint, Index Ventures, Marten Mickos, Zack Urlocker, Kenny van Zant, Aydin Senkut, David McClure and the Accelerator Group (see our story here ).

Tweet of the Day - Sten Tamkivi

ArcticStartup

Estonia is crazy cool when it comes to e-governement. Just e-voted for my municipality in Estonia, from California, as 2 minute dinner entertainment for our Chinese friends.

Reminder: Elevator Pitch Competition – Apply Now

ArcticStartup

The Elevator Pitch Competition is organized as part of the Third Annual Tallinn Conference by The International Technology Law Association and Enterprise Estonia.

Nutiteq and Mobi Solutions Join Forces For Mobile Location-Based Services

ArcticStartup

The company has a little stronghold in Estonia and the Baltics, with a majority of the over 1000 developers using the company’s products coming from the US, Germany, Middle-East, and Asia. Tags: digital estonia maps mobi mobile mobile marketing nutiteq tartu

SMS 20

Working Across Many Time Zones

A VC : Venture Capital and Technology

Our portfolio at USV spans ten hours (Estonia to San Francisco/Los Angeles). I was in Europe for most of June and working on a lot of things with people in the bay area. The nine hours time zone were challenging. I was doing a lot of calls in the evenings with people who were just waking up. There were many times when I woke up in Europe to a brief window where I could talk to people in the bay area who were still working and had not wrapped things up for the day before.

Garage48 Launches 16 Startups

ArcticStartup

Tags: digital estonia event garage48 tallinn

ArcticEvening Tallinn, June 1st – An Update

ArcticStartup

Tags: digital arcticevening estonia tallinn