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October 17, 2013

Varaani selected as a Nordic Venture 50 company

Varaani Works, a Tampere-based start-up, has been selected as one of the 50 most promising early stage companies in the Nordic and Baltic regions by the Nordic Venture Forum.

The Nordic region is recognized as the most entrepreneurial region within Europe by the OECD and every year, the Nordic Venture Forum showcases the highest potential companies from the following sectors:

Online & Mobile (Media, Gaming, Mobile Apps, Online Retail, Payment) Technology (Hardware and Software) Life Sciences (Medtech, Pharma, Biotech) Cleantech (Energy, Clean Technology, Environment) Food (Food Processing, Food Safety, Functional Food, Nutraceuticals, Sustainability, Waste Management)

Varaani was selected as one of only five companies in the technology sector to present at the 11th Nordic Venture Forum in Copenhagen on November 5th. The selected companies will have an opportunity to present their business plans to and answer questions from venture capitalists and corporate investors, business angels and relevant industry players. The best companies will be awarded and continue to European Venture Summit.

The Nordic Venture 50 selection process was based on the potential market of customers for the presented product is attractive and the business model is strong, company team has skills and experience to grow the business, technology or product solutions developed are state-of-the-art and well advanced compared to the competitors, the intellectual property of the company and its competences and strategic relations are outstanding and the demand/offer to invest in or partner with the company is well defined and potentially attractive for partners.

About Varaani:

Varaani Works Oy is a growing company providing a care-free personal cloud storage solution. Varaani was founded in January 2010 and operates in Tampere, Finland. The founders have a strong background in IT and communication technology with several years of experience in international business. Varaani’s mission is to create a leading experience for home and SME business users for keeping their digital content safe and accessible in one place. The core innovation in the on-line backup efficiency ensures large storage capacity with a price tag of a consumer service. On top of the core technology Varaani has built a complete customer offering that creates a seamless combination of content and storage services.

About Nordic Venture Forum:

Nordic Venture Forum is an annual forum for bringing together the 50 Nordic and Baltic start-ups showing the greatest growth potential, and a number of interested investors. The Nordic Venture Forum has established an impressive history of over 60% of presenting companies raising new investments following participation. Over the years, the forum has established itself as the event that best promotes the innovative, attractive and rewarding investment environment of the Nordic and Baltic countries.

Contact info:

Kimmo Lahdensivu CEO, co-founder Varaani Works Oy +358-40-528 5058