Top Nordic ICT startups in Munich to make business

On November 27th, eight top ICT startups from Sweden and Finland visited Munich with the aim of establishing relationships with German industry corporations and venture capital investors.

“Germany is the closest, and one ofthe largest, markets for Nordic companies and we want to offeran opportunity for our startups to initiate new contacts here that couldeventually lead to business and long-term relationships”, said Maria Nilsson, ExternalRelations Manager at STING, in her welcoming address. Julia Schmalenberg,Business Developer at Fraunhofer and EIT ICT Labs continued, “The fact that EITICT Labs facilitates this type of cross-European meeting places and bringstogether young aspiring companies with major industry leaders is a truly greatthing that will drive innovation and speed up the development of the startups.”During the half-day event, thestartups pitched the audience. For example, Aachen and Stockholm-based CentiveSolutions presented its software platform enabling users to step inside any 3Dmodel. “We are here to meet with companieswho would be interested in running pilot projects with us and also to makecontact with potential investors”, said Ville Stohne, COO and Co-founder.Antti Korhonen, CEO of Helsinki-based Leia Media, wasvery clear about his main objective with the visit to Munich. “We are lookingfor funding to realize the mission of Leia Media. We are going to deliver information globally in an environmentally and economicallysustainable manner, through our revolutionary ePaper solution”, he said. Unomaly was another EIT ICT Labscompany that attracted significant interest from a number of the largecompanies that attended the event. Unomaly provides a new self-learning, data-driven and change-oriented way ofmonitoring critical systems. “We are on the look-out for new customers, but alsopotential partnerships here in Germany”, said Matias Cuba, VP Sales &Marketing at Unomaly.After generous networking breaks, anumber of one-to-one meetings took place, enabling the participants to initiatedialogues that hopefully will continue after the event.Some of EIT ICT Labs’ core partnersparticipated, e.g. Siemens and SAP, as did other world-leading industry corporationslike Fujitsu, Bosch and 3M. On the investor side, venture capital firms likeEarly Bird Ventures, Munich Venture Partners and Creathor Ventures attended theevent.The startup Vikings from the Northleft Germany satisfied with a number of new contacts to follow-up on, and inspirationfor pan European collaborations. The event was a co-arrangement between STING,Fraunhofer and Munich Network and was made possible with the support of EIT ICTLabs.  A complete list of participating startups