Estonian start-up stories by Toivo Tänavsuu
When someone asks about the most successful Estonian Internet business, the answer would probably be Skype, with over 400 million subscribers. But how about start-ups? Fortumo, Edicy and UDC stand out as most promising ones. Let’s take a look at these companies and compare them in a subjective way.
Few weeks ago Estonian entrepreneurs and public administration members visited Italy, where European Space Agency’s (ESA) earth observation center collects hundreds of gigabytes of satellite information daily. ESRIN is one of the establishments of ESA. It is located in Frascatti, Italy in center site area of 80 000 square meters and its primary tasks are [...]
In: Companies
23 Nov 2009Estonian tech undertaking T+1 Solutions, belonging to an entrepreneur Raoul Järvis, prepares for the European launch of its new taxi ordering service Taxipal. The company promises to make it available during this year in several countries. All details regarding the launch will be disclosed later on. Taxipal (former Taxi4me) software solution has triumphed in this [...]
In: Companies
18 Nov 2009How to survive as a European manufacturer in the modern globalized world? How to survive if your competition is in China producing thousands of items and paying very little salaries and not caring too much for the environment? Is there any chance for the expensive and highly taxed Europeans? According to Scarfmaker there is! The [...]
In: Companies
18 Nov 2009One of the key sources of innovation is the collaboration of different disciplines. For example when biology and physics met the science of biophysics was created. The introduction of IT has brought many benefits in many different industry sectors. Primefish Solutions is an Estonian startup that unites the knowledge from fish-breeding (aquaculture) and IT. Introducing [...]
In: Companies
13 Nov 2009One of the most interesting Estonian start-ups, Modesat Communications is able to gain 100% world market share if they are lucky. The company provides modem-solutions for microwave radio, cable, fixed, mobile, satellite communications and Gigabit Ethernet. The PilotSync technology allows more communication and with higher speed in between terminals. 3G/4G most important market Peep Põldsamm [...]
Estonia has big-time ambition to enter the space industry and open new business opportunities for the Estonian entrepreneurs. Tiny e-nation wants to become full member of European Space Agency by 2016. Preparations are conducted by Enterprise Estonia. “Let’s see!” people say. This is the kick-off post in series of other upcoming ones, dedicated to Estonian race for space. In [...]
Columnist Yrjö Ojasaar (pictured) continues to analyze the biggest mistakes start-ups are often making. This time he points out the typical financing related failures. Assuming that VC money is for you VC money is not the right financing tool for everyone. Your start-up may be profitable and growing, but if the company can’t rapidly scale, [...]
An Estonian start-up company Sportlyzer (sport+analyzer) is developing software that analyses training info for amateur athletes and accordingly plans target driven training sessions. Sportlyzer software should help amateur athletes overcome a common problem – unsteady motivation. “The person himself may not understand what his training pauses are caused by. This way distaste for any kind [...]