Finnish, Danish, Norwegian and Estonian business angels gathered in Tallinn to discuss the past 2 years of collaboration between the Nordic angel networks, hear the 10 chosen startups from the Nordics pitch their businesses, and discuss the learnings and challenges. During the program, NAP brought together and trained 500 angel investors who subsequently invested nearly 3.8M euros to 21 companies, giving them an opportunity to develop their business idea and expand their activities.
As Estonian NAP4 still hadn't published the winner, the TOP3 pitched on the stage -
- GuavaHR (Estonia), an employee engagement tool
- Amio (Czech Republic), a self service and automation system for customer support
- MySpotIt (Estonia), software that helps to book and create meaningful meetings
GuavaHR was announced the company to receive a €250 000 investment by the angel syndicate! GuavaHR is an internal communication and engagement tool for companies where frontline workers make up a substantial part of the workforce. It combines social and organisational information feeds and spices them up with employee engagement drivers to create one engaging communication channel for the whole company. Guava plans on using the investment for expanding to the UK and hiring new talent to support marketing and development goals.
As for the Nordic Angel Program, the four angel networks are wrapping up the project but nevertheless continuing with international collaboration with each other and local startup events, training new investors and offering opportunities for the New Nordic region to flourish and work together.
Massive gratitude goes to all the project partners, EstBAN, FiBAN, DanBAN, BanNorway, Civitta and NordicBAN, ca 500 investors from other programs, 1000+ startups that applied for funding and also everyone that supported the progress throughout 4 batches internationally!
The Nordic Angel Program has received funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement No 780747 .