startup sauna

  • Startup Sauna Puts Some Money Where Its Mouth Is, Secures Inventure Backing

    Startup Sauna Puts Some Money Where Its Mouth Is, Secures Inventure Backing

    Startup Sauna has always been a slightly puzzling thing. It acts ike an accelerator but does not fund startups. It simply offers European (mostly from Nordic countries) and Russian startups coaching sessions and demo trips to Silicon Valley, and takes no equity. That’s because it is funded by Finland’s Aalto University and the Finnish Funding agency for technology and innovation. Read More

  • European startup accelerators are gradually revealing their performance figures

    With the rise of numerous accelerator programs in Europe one cannot help but wonder whether jumping through the application process hoops, sweating through the mentoring sessions and flirting with investors at demo days are all worth a founders’ time. When I attended the recent Startup Sauna demo day in Helsinki in December 2011, I met teams not only from Finland but also from Russia… Read More