Estonian technology stories
The biotechnology company EGeen, which mostly carries out clinical trials in Central and Eastern Europe, has demonstrated stable growth. CEO Kalev Kask (pictured) says in the interview that nowadays pharmaceutical industry has made progress and most illnesses are at least to an extent treatable [...]
At first sight, it seems that the Estonian chemical and biotechnology sector is experiencing obvious growth problems. Estonia is a small country, with just 1.3 million inhabitants, and hence there is probably a lack of bright chemists and biologists and, due to its young age, the state’s experience in sales, marketing and entrepreneurship is not [...]
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.
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 [...]
Estonian start-up SelfDiagnostics is developing a quick-test that could easily be used at home to identify sexually transmitted diseases. In the future such minilabs could become commodities avalible at a pharmacy for a couple of hundred kroons. Executive director of SelfDiagnostics, Marko Lehes reports that a patent application has been filed and a test model is planned to be [...]
This is a second column from an entrepreneur and lawyer Yrjö Ojasaar (pictured), who’s a fan of TigerPrises.com. Your product is not just the innovative new app/gizmo you invented. Customers usually expect an “out of the box” single source solution for their needs. The more assembly, coordination and troubleshooting the product requires, the cheaper [...]
What a coincidence: Estonian telecom companies declared joint efforts to provide the whole country with fast broadband Internet access by 2015 and the next day, the telecom giant Ericsson announced that it will develop a mobile networks factory in Estonia of key importance for the whole region. The recently established Estonian Broadband Development Foundation has [...]
This is a column (first from a series) from an entrepreneur and lawyer Yrjö Ojasaar (pictured), who’s a fan of TigerPrises.com Start-ups face the old dilemma – walking the path is much harder than knowing the path. Everything a successful start-up needs to know is available on the internet and its almost always free. But [...]
Estonia-born US venture capitalist Steve Jurvetson (pictured) from Draper Fisher Jurvetson gave a captivating interview for us, where he analyzed what’s hot and what’s not. What are your most exciting new investments? Overall we have a lot of exciting investments in the fields of energy and cleantech – new approaches to sustainable fuels. Chemicals and energy [...]