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What it’s like to found a startup in Estonia

The Next Web

I happen to be from Estonia, a small, but fiercely proud country near the Baltic Sea, one with a burgeoning startup scene that’s full of driven, intelligent and hungry entrepreneurs. In Estonia, people who set out to build a great business can’t expect to be greeted with encouragement and support from the broader community.

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Montonio is building the payment and checkout solution to rule them all

TechCrunch

Meet Montonio , an e-commerce checkout solution created by a small startup based in Tallinn, Estonia. Montonio currently supports all major banks in Estonia, Latvia, Lithuania and a few major banks in Finland. And it seems to be doing well in Estonia as around half of online shoppers have interacted with Montonio already.

Estonia 98
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Kahoot drops $50M on Drops to add language learning to its gamified education stable

TechCrunch

The popular startup, which lets people build and share educational games, has picked up Drops, a startup that helps people learn languages by way of short picture and word-based games. The startup was founded in Estonia and has 21 employees, with no “head office” as such, with the team spread across Estonia, U.S.,

Language 112
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Identity verification provider Veriff raises $100M Series C co-led by Tiger Global and Alkeon

TechCrunch

The Estonia-based startup’s “special sauce” is using AI-powered video to verify identifies. Instead of basing an IDV decision on three pictures alone, we are analyzing over 1,000 other data points. They were joined by existing investors IVP and Accel, bringing Veriff’s total funding to date to $200 million.

Global 98
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500 Startups unveils its Fall 2012 accelerator lineup: More international and more sh*t founders say

The Next Web

Startups in this class come from far and away, including Argentina, Austria, Australia, Brazil, Croatia, Denmark, India, Japan, Italy, Latvia & Estonia, Spain, and Taiwan. gazeMetrix: service that looks at videos and pictures to help brands measure visibility. Dealflicks: a movie tickets and concession deal service.

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‘Deepfake’ that supposedly fooled European politicians was just a look-alike, say pranksters

The Verge

Deepfakes use AI techniques to generate or manipulate videos and pictures. Parliamentarians from the UK, Latvia, Lithuania, and Estonia had all arranged video calls with a hoaxer claiming to be Leonid Volkov, chief of staff to imprisoned Russian anti-Putin politician Alexei Navalny. Artist: William Joel.

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Taking stock of the Dutch tech cluster: What The Netherlands needs to win the European startup scene

The Next Web

Let me drop a few names and you will get the picture: Adyen, Booking.com (acquired by Priceline), Distimo, Mendix, Shapeways, Spilgames, Takeaway.com, TravelBird, WeTransfer and Qandidate. As a startup hub, Amsterdam grabs the same amount of attention as the girl with braces at the high school dance.