You've probably heard about Bellabeat, FlyKly, or Layer? Well, three years ago they didn't exist! Now they are at the top of their industries, but how did they do it? Was it enough only to have the right idea or did they also need to have knowledge to conduct business in today’s competitive environment? Specifically, what kind of knowledge do startups need to succeed and not repeat the many mistakes of the 90% of startups that fail?
Bulgarian venture fund LAUNCHub just announced the 14 shortlisted technology startups who will attend the Long Weekend Event next week in Zagreb and receive intensivetraining with coaches and mentors, to polish their final pitches for the finale on July 5, when the winners in the Long Weekend to be offered investment of up to 200 K Euro.
The team, the product and the size of the market: these three ingredients are typically preached to us as the key to a successful startup. But what if someone much bigger or much better funded comes along, essentially copies the product, devotes a much larger team to the task, and spends heavily on sales & marketing to grab the market?
After it secured 1.5 million dollars and another 6 millions in seed investment, American-Slovenian communications platform for apps Layer announced that it raised 14.5 million in Series A funding from Homebrew, AME Cloud Ventures, CrunchFund, Fuel Capital and others.
European startups are able to raise just a fraction of the capital at home compared to their U.S. counterparts. And they receive a lot more value from their investors. Why would I ever fundraise anywhere outside of Silicon Valley?
This week we had opportunity to cover the announcement of airtAI, a Croatian fintech startup whose solution is based on artificial intelligence and is directed towards smaller banks that want to better assess the needs of their clients. Exclusively for Netrokracija airt’s CEO Hajdi Ćenan reveals the details.
Applications that control the operation of oil platforms and plants for the processing of derivatives are directly responsible for a safer and cleaner world, and one of the best is created largely in Croatia.