Internally, the Finnish startup scene is extremely connected. In fact, The 2018 Global Startup Ecosystem report ranks Helsinki’s ecosystem as the best in the world when it comes to local connectedness. Finland’s startup scene is packed with networking events and workshops which bring the community together… with a touch of local flavor.
For example, Polar Bear Pitching is clearly a Finnish creation, challenging founders to pitch their company while wading in sub-zero temperature water. For those who prefer warmer climates, the Startup Sauna is an accelerator that helps growing companies get feedback and connect with other companies and customers. The Finnish startup ecosystem actively connects with the rest of the tech world through Slush, one of Europe’s largest networking events for startups and investors.
But does this sense of community actually matter? According to the study, startups with founders who have a higher level of connectedness are more likely to have higher employment growth rates and higher sales. Likewise, ecosystems with a stronger sense of community are more likely to see benefits like startup output, startup valuations, exits, unicorns, ecosystem value, and overall performance.
All we can say is kippis (cheers) to Finland’s dynamic startup culture.
Selecting the hottest young scale-ups in Europe
Together with payments tech company Adyen, we set out in search of the most promising new startups based on their performance, growth, and potential. The top-5 from each country will join the Tech5, a community of the hottest young tech companies in Europe and Israel. This year’s newcomers will then join us at the exclusive Founders Day (May 8) and TNW Conference (May 9-10) in Amsterdam.
Today we highlight Finland. We did our research, consulted with our advisory consortium of 100 investors, influencers, entrepreneurs, and experts across Europe and selected the five hottest young Finnish scale-ups.
Find out who Finland’s hottest young scale-ups are:
Zadaa
ICEYE
Happeo
Tespack
international sporting goods chain Intersport.
GetJenny
Is your startup looking for funding and new clients? Come to TNW 2019. Startup rates start at just 299 euros and come with a ton of perks to help you grow.
By Daniel van Heusden and Andrea Hak
This is part of a series selecting the hottest young tech companies from all over Europe. Every day we cover a new country. Check out the hottest young tech companies from Belgium, France, Spain, Portugal, Italy, The Netherlands, Ireland, Norway, Denmark, Sweden, Estonia, Finland, Poland, UK, Israel, Germany, Austria, Switzerland, Hungary, and a combined selection of other European countries.
This post is brought to you by Tech5.