5 smart startups you should meet at Slush

Startup event Slush gathers investors and the hottest new businesses under the same roof for the tenth time already. We met five exciting startups attending Slush, all of them from the Helsinki Smart Region.

Smart startup Virta, the Helsinki Smart Region

‘We can honestly say that the energy system in the Nordic countries is the most developed in the whole world’ – Virta Marketing Manager Antti Korpelainen

Virta is fully charged for big growth

Startup: Virta Ltd.
Founded: Late 2013
Number of team members: 25

Solution: Virta offers a charging platform for electric cars. Their platform connects three different sectors together: drivers of electric cars, owners of charging stations and operators of the energy system. Virta offers services that work separately or seamlessly together.

Website: http://www.virta.global/

What are the first sentences of your pitch, Marketing Manager Antti Korpelainen?

The energy sector is facing a drastic shift toward a green, affordable and distributed future. While traditional energy production is stable and predictable, renewables are volatile. Their production is less predictable, and all players involved need to adapt. That’s where electric vehicles are taking a significant role in the energy system. They are not just vehicles, but rather big batteries on wheels.

How did you come up with the idea for Virta?

Because of climate change, it is absolutely necessary to move toward clean transport and clean forms of energy production. In a world revolving around wind and solar energy, we will need substantial amounts of storing and balancing capacity for energy. With the electrification of traffic, car batteries can be used to store clean energy and balance the electricity network.

What are you hoping to get out of Slush?

Two things: Firstly, we look forward to meeting international venture capitalists. Secondly, we wish to gain visibility among sharp, clever people who we might be interested in recruiting.

What is the next step for Virta?

Growth, big growth. We have a good product and a good service. We also already have customers in ten European countries. We know how the market will develop and how our product will work. Now it’s all about scaling our business properly.

Why is the Helsinki Smart Region convenient for trying new kinds of solutions?

Finland is clearly one of the best countries regarding energy expertise. We can honestly say that the energy system in the Nordic countries is the most developed in the whole world. In this kind of environment there are people who can develop top-class services for a world where energy and transport meet. We can implement our services here and export them elsewhere later.

Chaos Architects, a smart startup from the Helsinki Smart Region attends SLUSH.

‘There are lots of city lovers here – not only startups but citizens developing their cities’, says the Chaos Architects’ CEO Natalia Rincón.

Power to the people by Chaos Architects

Startup: Chaos Architects
Founded: 2015, became a company in 2017
Number of team members: 6 people

Solution: Chaos Architects empowers citizens through technology. This disrupts the way our cities are planned. Chaos Architects brings companies and ideas from citizens together to provide city solutions that are smart and wanted. Essentially Chaos Architects is helping to make the shift from traditional top-down controlled cities to cities whose residents actively design their environment.

Website: https://www.chaosarchitects.com/

What are the first sentences of your pitch, CEO Natalia Rincón?

At Chaos Architects we are disrupting the way we plan the cities of the future. We cooperate with big and small sustainable businesses and empower citizens. Essentially we change the way we plan our cities.

How did you come up with the idea for Chaos Architects?

I have a background in architecture, so I’m a citizen who asks a lot of questions about how we do things. There are lots of similarities among cities around the world. We want to give citizens a digital platform where they can actively improve their environment and start movements by themselves. Basically our solutions are tools of e-government and big data analysis, both empowered by artificial intelligence.

What are you hoping to get out of Slush?

We are launching Happycity, our first product, one week before Slush. We hope that people get familiar with our product during the event. It’s also nice that at Slush people are able to come to us with feedback and to see that we are following up on their ideas. We are also seeking new investors interested in artificial intelligence, big data and cities.

What is the next step for Chaos Architects?

The biggest things that are coming up are artificial intelligence and augmented reality. We are now building a cloud platform that collects data from citizens. We are going to empower the cloud with artificial intelligence. We also want to use augmented reality, which lets us see an augmented city with all kinds of ideas from citizens.

Why is the Helsinki Smart Region convenient for trying new kinds of solutions?

The startup scene here is quite good. Also, the market here is quite ready with a lot of community groups and cities that are now, more than ever, opening their data. Also, there are lots of city lovers here – not only startups but citizens developing their cities.

Industryhack, smart startup from Helsinki Smart Region attends Slush 2017.

‘This place is a fruitful breeding ground for open innovations and new cooperation and experimentation’ – Challenge Master Aino Heiska.

Industryhack connects tech-heads and large businesses

Startup: Industryhack
Founded: 2015
Number of team members: 8

Solution: Industryhack brings software developers, service designers and tech startups together with big companies to create new business ideas and product concepts. This way Industryhack helps large companies in traditional industries to transform through open innovation.

Website: https://industryhack.com/

What are the first sentences of your pitch, Challenge Master Aino Heiska?

We help traditional industries transform through collaboration and experimentation. Our Innovation Challenges bring large organizations together with innovative companies to co-develop new digital business ideas and services. Top 20/100 Finnish companies already trust us as their innovation partner.

How did you come up with the idea for your startup?

Three years ago there was a lot of discussion on how the industrial internet was coming soon, and how it was going to change businesses a lot. However, there had been very few concrete actions that would demonstrate what it actually means for large companies. We came up with the idea that if a big company opens their programming interfaces for us, we would bring a bus full of coders there to see what they could do with them. That’s how our first innovation challenge was born.

What are you hoping to get out of Slush?

For us it is a place to become familiar with big companies and organizations that we can help to transform. On the other hand, we can meet innovative startups and experts in digitalization. They are the potential people who can attend our innovation challenges and who we can bring in to help our clients, the big companies. We wish to connect these two kinds of actors together.

What is the next step for Industryhack?

We have done proper business for a few years. Our aim now is to widen our service catalogue and deepen our cooperation with large corporations. We are developing our product and service so that it can be used more widely in different fields of enterprise and maybe also internationally.

Why is the Helsinki Smart Region convenient for trying new kinds of solutions?

Finland is definitely a great place to try them because there is a certain kind of culture of communal work and cooperation here. It makes this a fruitful breeding ground for open innovations and new kinds of methods of cooperation and experimentation.

Silvere from the Helsinki Smart region is able to measure the forest down to a single tree using remote sensors, such as high resolution LiDAR (laser scanning).

Technology Development Team Lead Mats von Weissenberg: ‘Silvere provides an end-to-end service giving you a perfect valuation of your forest’.

Silvere senses the value of your forest

Startup: Silvere
Founded: 2017
Number of team members: 9

Solution: Silvere provides an end-to-end service giving forest owners the most accurate valuation of their forest. Silvere is able to measure the forest down to a single tree using remote sensors, such as high resolution LiDAR (laser scanning). The service results in a forest management plan that is optimized to match the preferences of the forest owner.

Website: https://silvere.com/

What are the first sentences of your pitch, Technology Development Team Lead Mats von Weissenberg?

Silvere provides an end-to-end service giving you a perfect valuation of your forest.

How did you come up with the idea for Silvere?

In a way we are kind of a reverse startup. We have an investor who originally had an idea around which he started to build this company. Our investor had a decisive moment when he was buying a forest patch and wanted to check the valuation behind the price. It was 50 percent off from reality! He was already familiar with research of precision forestry, and had seen first-hand what automatization can enable in various industries. He decided to do something about this.

What are you hoping to get out of Slush?

Slush brings us good publicity and is a good place to showcase our technological solution. It is also a convenient event to show that we are a little bit different compared to many traditional forestry companies who measure forests by having people going around them. We are also looking for skilled programmers, and we think Slush is a good place for recruiting.

What is the next step for Silvere?

Full scale operations. We are now doing pilot operations with our clients, but the next step is to go full steam ahead. We are ready to make deals with clients already. The best time to scan forests is when they are leafless, so we aim to start doing big operations before next spring.

Why is the Helsinki Smart Region convenient for trying new kinds of solutions?

There is plenty of forestry research and expertise along with long traditions here in Finland. To do this business in Finland is a very natural choice. It is also a signal for clients abroad: we are known as a country that can manage their forests. Also, the Helsinki region has a lot of workforce, so it’s a safe place to recruit people.

Kamu Health's mobile app from the Helsinki Smart Region aim to improve asthmatcis' life.

‘Finland is often mentioned as the forerunner in asthma care. We want to bring that know-how elsewhere as well’, says Kamu Health CEO Teemu Juutilainen and Head of Product Seppo Salorinne.

Kamu Health’s mobile app to improve asthmatics’ quality of life

Startup: Kamu Health Ltd.
Founded: 2017
Number of team members: 4

Solution: Kamu Health offer a medical-grade mobile service for asthmatics. Kamu’s service enables users to monitor their lungs by themselves. The service predicts changes in personal health and automatically alerts the user about external factors that affect asthma, such as air quality. The service contains the newest medical technology and information necessary for effective asthma treatment.

Website: https://www.kamuhealth.com/

What are the first sentences of your pitch, CEO Teemu Juutilainen and Head of Product Seppo Salorinne?

We are building a digital asthma self-management solution. Our solution combines a clinical-grade mobile spirometer with the latest kind of evidence-based medical service. It helps asthmatics to measure, monitor, predict and control their own condition.

How did you come up with the idea for Kamu Health?

The idea came from our Head of Clinical Excellence, Professor Yrjö Salorinne. He wondered why asthmatics do not have proper self-care services, like diabetics for example have already had for a long time. This is strange, as asthma is a very common chronic disease with large costs to the society and trouble for the people affected.

What are you hoping to get out of Slush?

Slush is a chance to meet people. We are not only looking for investors, but all kinds of partners and talents. We want to build our network, and it’s easy when thousands of people gather under the same roof. We will have an open mind at Slush.

What is the next step for Kamu Health?

Because we are developing a medically regulated service, our time frames are a little different than with other kinds of startups. We are unable to beta test many of the things directly with our customers.

The next step for us is in early 2018 when we start working with asthmatics who are building this solution with us. They get to use the device and service first. This continues for half a year before the service is commercialized.

Why is the Helsinki Smart Region convenient for trying new kinds of solutions?

Finland has a very good international reputation regarding asthma care. We have massive asthma-related medical and technological knowledge here. In scientific articles, Finland is often mentioned as the forerunner in asthma care. We want to bring that know-how elsewhere as well.

The ‘5 smart startups you should meet at Slush’ series include five fantastic startups from the Helsinki smart region. Read their individual cases and meet them at Slush 2017

Power to the people by Chaos Architects

Industryhack connects tech-heads and large businesses

Silvere senses the value of your forest

Kamu Health’s mobile app to improve asthmatics’ quality of life

Virta offers a charging platform for electric cars

2017-12-04T15:47:08+00:00 News|