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Your source for the startup scene in Austria&CEE


Startup Pick


Sometimes you just meet the right people at the right time. To make these lucky encounters no matter of coincidence anymore, Cofinder created a platform for young businesses to build their founding teams and share ideas with like-minded enthusiasts. Moreover, with local speed dating events, the Slovenian startup aims to bring their online presence to the physical world. Find out more about the team of four in this week’s Startup Pick.



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Startup Pick


Sometimes you just meet the right people at the right time. To make these lucky encounters no matter of coincidence anymore, Cofinder created a platform for young businesses to build their founding teams and share ideas with like-minded enthusiasts. Moreover, with local speed dating events, the Slovenian startup aims to bring their online presence to the physical world. Find out more about the team of four in this week’s Startup Pick.


Application window for Romanian entrepreneurship school still open

Start Me Up school gets ready for its 3rd round

You think you’ve got what it takes to become an entrepreneur but don’t know how to get started? The Start Me Up entrepreneurship school can help you take the plunge. The third edition of the one week boot camp will take place from 14 to 20 September at Speranţa Hotel in Predeal, Romania, and will bring together aspiring entrepreneurs from around Europe. Intrigued? There’s still time to apply.


Stanimir Milev, CEO of Chase a Cloud

Living the dream

Stanimir Milev, CEO of Chase a Cloud, could easily be mistaken for a man, whose head, like his company’s name, is in the clouds. Yet, in reality his feet are firmly planted in the ground. His activities stretch further than running a visual storytelling business that helps clients from several countries present their product, service, or concept in a simpler, innovative way. He is also one of the engines behind the Bulgarian StartUP Foundation and their newest project StartUP Academy, and helps out at another visual company – Rockacoca. Not enough hours in the day? Perhaps for some people, but not for Stani.


A catch up with the winners of betapitch Vienna

Drystorm will present at Berlin finals on 30 August

The Railsapp startup Drystorm was the lucky winner of of betapitch Vienna. CEO Louis Sayer prevailed against seven startups from the field of hardware, cloud services and DIY clothing in the pitching challenge at sektor5 (read more here). To Sayers talked about the upcoming challenges of his startup.


Technology solution for video providers will expand business

Austrian bitmovin secures seven-digit sum

Austrian startup for streaming solutions bitmovin secures a seven-digit dollar investment from early stage fund Speedinvest, Constantia Industries AG as well as AWS and KWF. The money will help the Carinthia-based startup to establish itself on their target markets Europe and USA, grow their team and further develop their products. talked to CEO Stefan Lederer to find out more about the deal and its consequences for the young business.

Startup-News is set to enhance the local startup ecosystem

Internet Week Slovenia launches job portal

Internet Week Slovenia recently announced the launch of a job portal that is specifically dedicated to startups and young IT companies. Free of charge and presented in English, aims to attract both local and regional talent to fuel Slovenia’s growing startup ecosystem. spoke with project co-founder Gaja Zornada to find out more about the platform.


Starup Pick

Friendly Score

What details can a facebook profile reveal and how can this piece of information be used wisely? Polish Big Data startup Friendly Score views social media as a path to the personality of customers and provides behavioural scorecards as decision making solutions for banks and lending companies. Learn more about the team, their endeavours, favourite music and the worst advice they ever got in this week’s Startup Pick.


Slovak Andrej Kiska to open Presidential residence as a coworking space

President elect turns Palace into coworking space

Presidential elections took place in Slovakia 30 March, where philanthropist and former entrepreneur Andrej Kiska succeeded over Robert Fico with about 60% of all the votes. On late Monday night, news came in that the newly elected president, who is actively involved in social responsibility initiatives such as “Dobry Anjel” (good angel), supporting families with ill children financially, will open the famous Palais Grassalkovich in Bratislava as a coworking space for young entrepreneurs, freelancers and startups.


5 things you should know about the Slovenian scene

"The startup community is awesome"

For a small country, Slovenia has quite a number of success stories to tell. This is an interesting fact for a peaceful nation that somewhere in history decided poets and writers should be its national heroes, rather than warriors and politicians. But there is something exceptional about the Slovenian culture that adopted the German way of working and the Balkan way of relaxing, since in the past few years, the Slovenian startup scene became one of the most vibrant in South-East Europe.


Matei Pavel, CEO of Konkurs, Cautareduceri & AndroidMakeup

The exit of the one-man show

Matei Pavel (25) believes that the real evolution of a market is based on creating fresh projects, and he is taking it very seriously: In his early 20s, he started his first company - at that time Romania's only directory of contests, sweepstakes and giveaways. Later, he launched Romania’s first daily-deal aggregator, which, in turn, was followed by a mobile application. And if this weren't enough, he is now working on his first international project. sat down with him to find out more about his philosophy and motivations.


A story on how a protest is transforming Romania

'It taught us what togetherness feels like'

We, at inventures, are all under 30 and know what it feels like to be young and to want to take things in your hands. We also have an idea of how other young people feel about it, as we talk to 20- and 30-something entrepreneurs on a daily basis (it’s in our job description, after all). Yet, you don’t need to be in a startup to make a change. As part of Romanian Week, we took a current event from the country and looked at it through the eyes of the young. Below is what we found out.


A babysitter matching platform, analytics solution and more

StartupYard Demo Day Prague

The third StartupYard Demo Day was held Tuesday night at the übercool Meet Factory in Prague. Six startups fresh from the three-month mentoring phase with the accelerator went head to head to be the best from the class of 2013.


The team has won the inventures challenge at the Founders Battle

impetuz fashion combines design with culture

One of the things we are always interested to explore in our stories is the impulse that drives a founder from an idea to an actual venture. We’ve seen them come as a one-man show, as a couple, and as a team solving a somewhat unusual problem. At inventures, we like to support initiatives that have the potential to become a trigger.


Ventures from five countries join the Prague-based accelerator

StartupYard presents new batch of seven

Prague-based accelerator StartupYard recently announced the names of the teams in their spring 2014 mentoring programme. During the past month, seven startups from different countries have met entrepreneurs, professionals and CEOs to learn about realistic business plans, effective presentations and how to meet the needs of their customers. Now the teams are ready for the real world and will continue to work on their ideas and products on their own account. On 18 June, StartupYard will organise a Demo Day where all teams will present their startups and products – some of them already launching. Here you can find a short outline of the seven chosen startups from Romania, Czech Republic, Kosovo/Albania, Serbia and Kazakhstan.


The Ukrainian startup brings its product closer to the CEE market

GigMngr expands to Poland

Let`s face it, we all get tired from watching the same bands perform year after year at the private events and celebrations held in our area. So why not change it a little bit and make it more interesting? Ukrainian GigMngr came up with an idea and created an online marketplace for booking artists for private events and parties with a new approach to the entertainment industry. A plethora of bands, different genres and direct communication is just some of the USP’s of this startup (read more about GigMngr here). Not only have they been present in their homeland, Ukraine, but also in Russia and most recently in Poland as well.


CEO Leo Sauermann talks about experience and lessons learned

Refinder closes down

Vienna-based Refinder is ready to end its journey today, 6 December. Founded in 2009, the company has been developing a tool for collaborative information management. We caught up with co-founder Leo Sauermann to find out about the story behind the cloud app startup and the ups and downs they encountered during their years on the market. In the following Q&A, Sauermann also told us about what they learned from this experience and what they would recommend to other startups.