The financing came from SEED Capital, one of Denmark’s largest early-stage venture funds. Among SEED Capital’s investment portfolio are companies like Trustpilot, Endomondo, Vivino, and now Forecast.

“Besides being our great investor, SEED Capital will also act as our advisor on major business decisions. Thus, we can join forces and sail this ship together,” – shared on the Forecast’s blog.

The resources will be allocated towards further product development. Forecast software is built on three pillars: easy-to-use interface, deep integrations with other tools, and advanced machine learning. With the help of Forecast, users can do project planning with impressive 94% accuracy. And according to Dennis Kayser first weeks of the new year should bring even more exciting announcements from Forecast.

The post Danish Forecast receives funding from a large venture firm appeared first on Øresund Startups.

The concept had been tweaked for the second event – there were fewer startups pitching, and more focus on 1 on 1 session afterwards between startups and investors. Overall both good improvements, and it turned into a short, good and impactfull event for everyone attending.

Early stage startups

The level of the startups was solid, and covered both early startups looking for € 50 000 or less, up to some asking for for € 1 million. The event was small, but impact-full – the audience was 15 business angels and early stage VCs, including names such as Thorvald Stigsen, Anders Frankel, Rasmus Bjerngaard and Nikolaj Nyholm. With 13 startups present and the different levels, it was also good spread for the different investors.
The startups present where:

• Petreas – connecting service providers with customers.
• Startuptravels – an airbnb for entrepreneurs.
• Sharingear – renting out music equipment to bands and concerts.
• DrinksOnUs – digitalising bar services.
• Forecast.it – a project and portofolio management service
• Sensor Six – a solid team that aims to make enterprise IT better
• Kiggit – a new and more up-to-date way of making betting
• Erghis – touch less technology
• Renouve – a new take on the cosmetics market
• Form – the smart home sensor.
• Rokoko – making motion capture cheap and affordable, especially interesting with the huge interest in virtual reality such as oculus rift.
• Donkey Republic – providing bike rentals in cities that are convenient and digital connected.
• Sponsta – making content marketing and branding on Instagram easier.

After the 4 minuts pitches by each startup, the event was changed into a 1 on 1 session with investors and startups having time for deeper questions and answers. This was highly appreciated and gave the startups feedback and insights, while letting the investors get to know the startups better.

Drawing on the regions strength

Just as last time the event included startup and angels from the entire region, both Copenhagen and the Swedish side, Skåne. Overall this was an event that was short, effective and brought lots of value. Another really good example of community efforts from #malmostartups and #cphftw, and how they do a great job of moving the startup scene forwards.

The event was held in the brand new event space at Rainmaking Loft. Great atmosphere and good for the presentation, but became a little noisy during the 1 on 1s. But this will probably improve for future events.

Stay tuned to cphftw and malmostartups for info about when and where the next AngelNext will be held. And are you interested in pitching your early stage startup, or a business angel who wants get to know good startups, get in touch with Jasenko or Joel.

The post AngelNext – connecting promising startups with good business angels appeared first on Øresund Startups.