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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.
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.
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.,
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.
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.
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.
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.
Polo: Yeah, because looking at the full picture, it’s actually the first time in our history that we’re going to have a specific legal framework for startups. So we get on par with countries like France, Portugal, Estonia, Croatia, and the Netherlands. But, at this point, you’re pretty happy with the package?
Rich visuals mean pictures for now, but later can include maps, charts and other items. Google announced at its 2023 I/O event that it will soon be adding multimodal content to Bard, meaning that it can deliver answers in more than just text, responses can give you rich visuals as well.
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