Estonian start-up stories by Toivo Tänavsuu
Born and bred in Estonia, the British start-up Transferwise exchanges pounds and euros at a rate a cut better than that of banks. Dubbed the “Skype of currency exchange”, the company is now trying to make inroads on the US market, where the US dollar, still the world’s favourite safe haven, promises to increase business [...]
The top prize at the Helsinki Garage48 start-up project competition went to LapLab – a Web application for amateur race car drivers that allows them to improve their best lap times and car configurations. While undoubtedly a niche product – there might be only five million users in the world – LapLab will hopefully hit [...]
The latest Tartu ski marathon saw a fresh new start-up called TrackLog make its debut. GPS devices were attached to 20 skiers to track their progress in real time. TrackLog, spawned by Kalle Volkov (pictured) and Peeter Mõtsküla, bills itself as a use-friendly tracking platform aimed at outdoor event organizers. The service consists of SIM-card-based [...]
A former Elion employee Ardi Kristovald (pictured) has founded a startup called GlobeMarket that plans to create an interentrepreneurial data exchange platform – in essence, syncing up very different business software programs (SAP, Oracle, MS, Erply et al). Kristovald says the solution would be geared above all to manufacturers and distributors/resellers. The goal is to [...]