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The Baltic and Nordic Region has long been regarded as a hotbed of innovation and design. It is no surprise, then, that although countries like Sweden, Denmark, Norway and Finland represent just 2% of the world’s GDP, they have also accounted for 9% of global billion dollar exits

It is only a matter of time before we see the next Spotify or Supercell emerge from the region, and as such, the Founder Institute is aggressively growing its local presence. 

In fact, since 2011, the Founder Institute has graduated over 500 European companies that have raised over 60 Million Euro, and over 50 of these promising companies have come from the Baltic and Nordic Region. 

In addition, applications are open now to programs in Helsinki, Gothenburg, and Oslo.

While all of the Founder Institute graduates from the Baltic and Nordic Geographic Regions are exceptional, there are a few who stand out. The graduates featured below have all achieved significant milestones in the past year, building meaningful and enduring technology companies aimed at improving the lives of people all over the world. 

 

Adamantify, and Founder Timur Ismilyaev (Saint Petersburg Founder Institute)

Adamantify is a data encryption platform helping developers to protect critical data of their users on Android/iOS phones using smart devices. They have partnered with Helsinki Ventures and opened an office in Finland. 

BRIIM Center, and Founder Reidar Wasenius (Helsinki Founder Institute)

BRIIM's brain training helps you perform better by developing your concentration, decision-making, determination, creativity and memory. BRIIM has attracted attention across Finland, been featured at several conferences, and is generating signifcant revenue.

Caroom , and Founder Amir Morris (Helsinki Founder Institute)

Caroom is a popular app which finds optimal personal parking spots when and where you need them, saving time and money. They have already raised over 85000 EUR.

Coachilla Ltd, and Founder Eeppi Nieminen (Helsinki Founder Institute)

Coachilla is developing a marketplace to help self-improvers find personal coaches and connect with those coaches via video calls to accomplish goals in both life or work. They have a growing user base and are beginning to expand outside Finland.

Conomy, and Founder Konstantin Zherebtcov (Saint Petersburg Founder Institute)

Conomy gives real-time fundamental stock market analysis to make investments decisions easy. The service has already become popular with Russian investors and market-trackers.

Grib, and Founder Pouria Kay (Helsinki Founder Institute)

Grib is an Augmented Reality tool for maximum convenience in 3D modeling. They've secured funding and are expanding their services.

MailBurn, and Founder Daniel Pavliuchkov (Saint Petersburg Founder Institute)

Mailburn - a Saint Petersburg graduate - is an email solution for business that allows you to close more business tasks. It has quickly grown to serve over 1,000 customers, and has closed a seed funding round.

Targetta, and Founder Madis Udam (Tallinn Founder Institute)

Targetta develops a cloud software tool which helps retail companies monitor cash flow and optimize their inventory. They have partnered with retail data storage service ERPLY and have fully integrated their software.

If you would like to launch a tech company, apply to the Founder Institute today!

image courtesy of: Shutterstock

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