Amsterdam-based Gamgee partners with Lithuanian IoT hardware manufacturer Teltonika to expand its IoT reach

IoT or the Internet of Things is a fast growing sector which is expected to reach a value of $ 1256.1B (nearly €1060.6B) by 2025. One of the notable players in the field is moving forward by forging new partnerships and expanding its services. The Lithuanian IoT hardware manufacturer Teltonika Networks has announced its partnership with Amsterdam-based smart home and managed Wi-Fi company Gamgee. 

The fellowship of increased connectivity

Under the newly formed alliance, the two companies, Teltonika and Gamgee, will target to launch new smart home and managed wireless services. These devices and services will be developed by Gamgee and powered by Teltonika Networks products and the setup will include 4G LTE, Wi-Fi, Bluetooth, and GPS connectivity. This partnership is for expanding the companies’ capacities to offer managed Wi-Fi and smart network services to more consumers and business customers across multiple technology platforms. 

“Teltonika Networks is largely recognised for developing innovative IoT business and office solutions that are driving the upcoming IoT revolution. Thanks to this partnership, Gamgee will be able to expand its reach and deliver the unique value of easy network management to a large audience that includes businesses and public institutions,” says Paul Hendriks, the CEO of Gamgee.

According to the company, the name Gamgee comes from Samwise Gamgee, also known as Sam, a Hobbit of the Shire – a prominent character from J. R. R. Tolkien’s epic fantasy novel, The Lord of the Rings. “As Sam proved himself to be Frodo’s closest and most dependable companion, the most loyal of the Fellowship of the Ring. He also played a crucial role in protecting Frodo and destroying the One Ring. It is Gamgee’s aspiration to be the wireless smart home network companion,” the company explains. 

“We are looking forward to extending our presence to not only industrial and business areas but also a smart-home environment with the help of Gamgee,” comments Julius Švagždys, Chief Corporate Marketing at Teltonika .

This article is produced in collaboration with StartupAmsterdam. Read more about our partnering opportunities.

The post Amsterdam-based Gamgee partners with Lithuanian IoT hardware manufacturer Teltonika to expand its IoT reach appeared first on Silicon Canals .

Startups – Silicon Canals

Weekly VC Overview: All 61 European funding rounds we tracked this week (Sept. 14-18, 2020)

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Feedback Fridays – A Friendly Feedback Exchange For Ideas and Products

Welcome to this week’s Feedback Thread. This is the place to request feedback on your ideas and products.

Be sure to give feedback if you are requesting feedback. Equivalent exchange goes a long way towards reaching your own goals and it makes for a stronger community.

Please use the following format:

URL:

Purpose of Startup:

Technologies Used:

Feedback Requested:

Additional Comments:

Post your site along with your stack and technologies used and receive feedback from the community. Please refrain from just posting a link and instead give us a bit of a background about your creation.

Feel free to request general feedback or specific feedback in a certain area like user experience, usability, design, or code review.

You can also find more support using instant chat on the /r/startups discord.

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Startups – Rapid Growth and Innovation is in Our Very Nature!

Finnish game studio Metacore secures €25 million in financing; undergoes rebranding and launches new game

The gaming industry is bigger than the music and movie industry combined and the sector is only going to grow bigger. With lockdown and social distancing in effect, people turned to gaming as an activity for unwinding and having fun at home. Additionally, game creator studios too reported significantly increased sales during this period. The Finnish mobile game company Metacore has also reinvented itself and it landed a notable €25M in fresh financing, all while launching a new gaming title.

Metacore raises €25M in equity and additional funding 

Metacore was previously known as Everywear Games. The company has rebranded itself and also raised a €15M investment and a €10M credit line from Supercell, which is another Finnish game developer with notable mobile games titles under its belt, including Clash of Clans. The latest investment will help Metacore fuel the global release of its first title, Merge Mansion. 

“Most companies will start with the core loop or gameplay mechanic. Our approach is to lead with the metagame – the core elements and experiences of a game that make a player jump back in over and over again. This was a key factor in how we designed Merge Mansion, and will continue to define our approach to game development,” says CEO and Co-Founder Mika Tammenkoski.

As per the company, its approach to game development seems to be working as Merge Mansion’s player’s 30-day retention rate is apparently around 24% among beta testers. 

“These metrics are very impressive, the kind we see when we have a hit game on our hands,” Supercell’s Developer Relations Lead Jaakko Harlas says. 

Merge Mansion for the masses

Metacore will now focus on rolling out its first title, Merge Mansion, for a wider audience. Furthermore, it will explore and develop new “metagames.” The company is also aiming at growing its existing team of 15 employees and says it will add at least 10 new hires across functions, including marketing, game design and back-end development.

“Although we’re seeking aggressive growth, our strategy is to keep our teams compact and nimble so they have the freedom to try out new things and run with what works best,” COO and Co-Founder Aki Järvilehto notes.

Image credits: Metacore

The post Finnish game studio Metacore secures €25 million in financing; undergoes rebranding and launches new game appeared first on Silicon Canals .

Startups – Silicon Canals

Lead generation using machine learning – can you provide feedback?

I am building a data driven lead generation platform using python for a class project. The solution generates relevant leads by matching data from your CRM + well defined personas + activity on the internet on who is buying in companies and other configurable filters.

The goal is to discover good fit leads based on who is currently buying or planning to buy soon. Once you have the leads, you can run email campaigns from within the platform. Analytics from the campaigns goes back into the feedback loop to improve the lead search.

Would something like this be useful to you? Would you be interested in learning more? Here is a view of the front page – https://imgur.com/a/Z4dTDiT

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Startups – Rapid Growth and Innovation is in Our Very Nature!

Key ways and strategies to build a successful online business

Everything is digital these days and the digital transformation is reshaping each and every industry across the world. For many years, there has been an immense surge in number of online users. And so, businesses with an online presence are able to get global traction quickly and easily.

Also, people nowadays expect to see business online to know more about that particular company. And also, to do some research about the products and services that the company offers before they make their purchase.

Online platform usage for product details

Therefore, businesses must have a robust online presence these days in order to grab the opportunity for building a strong customer base and for gaining a competitive edge.

Understanding this, many businesses both small and big have found a way online to connect with their target audience globally. But, not all of those entrepreneurs who venture into the online industry and who move their businesses online succeed in engaging users and in enhancing their brand awareness. So, eventually, they might fail to beat the main players in the online industry. And thereby, fail to accelerate the sales growth of their online businesses.

This is mainly due to the lack of meticulous planning and not knowing about some successful tips and factors that are significant to make the online business thrive. Therefore, the proprietors who are looking to plunge into the online industry and those who want to grow their online businesses in this digital era must know some online business-enhancement ways and profitable growth hacks.

If you are one among those aspiring entrepreneurs striving to launch your own lucrative online business in 2020, then this blog is for you.

In this blog, we are going to see key strategies and successful tips to grow businesses online; some trends to leverage in order to be successful in the online business venture in 2020. We will be also seeing why you can use an online solution to create a professional online presence for your business.

Successful tips to grow your online business in 2020

Irrespective of the size of online business, niche, etc, there are some significant factors that will work effectively for online businesses to attain tremendous growth within a short span of time. Now, we are going to see those key concepts and tricks that will help you in building your online business.

Build a strong online presence

An online business without an effective online presence will fail to get the lucrative opportunities to beat the competitors and to stand out from the crowd. A robust online presence will build a positive image for your business and will boost your sales. This is because a professional website can attract prospective users and will allow you to grow your customer base.

Online business with professional website

So, have a powerful online presence and showcase your services and products in a better way. Only then your customers will prefer to come to your online platform whenever they are in search of any product or service.

Know your customers

Customer expectations vary over time and so by only understanding your customers and their requirements, you can easily develop your services and products that best meet the market demands and your user needs. Knowing your users will also help you to take the necessary steps to enrich their experience on your online platform.

Build trust with customers

Building trust among your customers is essential to promote your business growth. Customers will be more likely to use the online platform that they trust. Most of the online businesses do a mistake by replicating what others are doing in their niche market. Such as coping the online business model, features, functions, marketing approach, technologies, and so on.

These activities will make you inauthentic in your online business sector. And, will definitely make your customers lose confidence in your business. So, it is the smart move to take those core ideas and develop a unique online platform that fits your online business concept and needs.

Connect with your audience

It is important to win your customers’ hearts in order to elevate your online business. So, steps should be taken to make target users feel more special and valued. This is possible only by providing the best customer service.

Your users must be able to get immediate responses to their problems and queries as required. Therefore, pay more attention to include effective communication channel in your online platform. So that you can allow your customers to reach you instantly whenever they are in need.

Effective communication with customers

Also, by interacting with potential buyers, you can gain valuable insights about your customers. So that you take steps to improve the quality of your services to meet their expectations. You can also encourage your users to leave feedback and ratings for your products. This will help you greatly to know the areas that need improvement.

Know what works

Learning from your competitors is the best way to know what works and what doesn’t works for your online business. Analyze the strategies that work well for the competitors. And, check out how they are implementing those to grab the attention of users.

This will help you to enhance your online business operations to face the cutthroat competition in your online business venture.

Open ways to scale up your business

Expanding your online business operations is the best way to impress your users in the long term. So, your online platform must be flexible enough to include additional features and functionalities in the future. Therefore, you can streamline your online business processes easily.

Thereby, you can also incorporate various beneficial revenue-generating factors into your online platform.

I hope you can now understand some crucial strategies to promote online business growth in this digital era. So, consider these successful tips and grow your online business. Also, there are some growth trends that you need to know in order to run a successful online business. Let us see those now.

Growth trends to survive the fierce competition in the online industry

Optimize digital strategy

If you want to run a profitable online business, it is not enough to get potential customers on your website. You must convert those leads and increase sales on your online platform.

Therefore, conversion optimization is important. And, for this, you can focus on enhancing your online presence and improving your multi-channel marketing activities. By this, you can uniquely position your online business and drive conversions on your online platform.

Preference for convenience

Customers of today prefer to buy and get everything from the comfort of their homes without any hassles. So, they will be more likely to make use of the online platform that offers them a convenient online shopping experience.

Online platform providing convenient shopping experience

So, the online businesses that provide ultimate comfortableness for the users while getting products and services will thrive in the current market trend.

Make the most out of trending technologies

If you want to get ahead of others in your online business sector, you need to stay up to date with the latest technologies and keep track of the customer interest in the emerging trends. So, include those modern functionalities and features that the user wants from your online business and surprise them.

Create personalized experience

Personalization is the key to attain success in your online business venture, So, it is essential to leverage personalization technology. Thereby, you can provide rich experience to the users on your platform. You can gather and analyze the behavior, previous actions, and other personal data of buyers and visitors on your online platform.

Online platform providing personalized experience

This will help you to personalize the customer experience by tailoring the site performance to your user needs. Thereby, you can have a personal connect with your users.

From the above sections, it is very much clear that only by following some successful tips, and by building a powerful and full-fledged online platform, you can reach entrepreneurial goals in your online business venture. But, how to build such a feature-rich and attention-grabbing online platform?

Build a spectacular online presence with ready to use online solution

For developing your own visually stunning online platform for your business, I would suggest you to utilize a readymade online solution that is pre-built with significant features and functions. This is because developing an app or site from scratch will cost you more resources and time.

So, if you want to develop a striking online platform within your budget, then go for a ready to use online solution. Also, pay more attention while picking a felicitous online solution for your business. Because all the readymade solutions available will not best fit your online business model and varying business requirements.

So, choose the most appropriate online solution with an unrivaled performance that suits your varying online business needs.

Also, with a scalable online solution, you can easily include required, innovative features and functionalities in the future. So, go for a unique and dynamically adaptable online solution to materialize your online business dreams

Closing thoughts

I hope you can understand the successful tips and factors that are needed to be considered for running a lucrative online business. Also, as said in the above section, it will be a very good idea to use a ready to use online solution that fits your online business type in order to give life to your online business dreams by creating a strong online presence.

You can get such an apt solution for your online business only from a well-known online solution provider like Appkodes. Appkodes has been delivering optimal clone solutions for diverse online business verticals over the years. The online solutions are rigorously built with significant functions, responsive design, and the latest technologies to show unmatchable performance across various platforms. Therefore, reach Appkodes and discuss your fresh online business concepts with their team of experts and get shine in your online business venture.

Reach us…

Do you want to build a profitable Online business?

The post Key ways and strategies to build a successful online business appeared first on Appkodes.

Appkodes

Munich-based Holidu turns profitable amid pandemic; raises funding from former Booking.com CEO Kees Koolen

The COVD-19 pandemic has severely impacted the global travel and tourism industry. According to the United Nations World Tourism Organisation (UNWTO), the COVID-19 pandemic has caused a 22% fall in international tourist arrivals during the first quarter of 2020. It also predicts that the crisis could lead to an annual decline of between 60% and 80% when compared with 2019 figures. In spite of this devastating effect of the pandemic, Holidu turned profitable in May and since then generated seven-digit positive EBIT figures. It just raised funding from Kees Koolen – former CEO of Booking.com. 

Profitable Amid Pandemic

Holidu has announced that Koolen has invested more than €4M into the company from his personal fund, as part of a €5M extension to the €40M Series C round of the previous year.

Headquartered in Munich, Holidu is a global price comparison platform that lets people find, compare, and book vacation rentals all over the world. According to the company, the funding follows a period of accelerated growth for Holidu, despite the raging pandemic’s impact on the global travel market. 

The company claims that in July alone, more than 27 million users visited the Holidu website. This resulted in a 2.6x growth in year-on-year bookings and more than €130M of newly generated bookings that month.

Kees Koolen is a Dutch businessman and investor. He was the COO, CEO, and chairman of Booking.com from 2002-2014. Booking.com was acquired in 2005 by a US-based travel booking company called Priceline Group – later changed its name to Booking Holdings Inc. in 2018. 

He was an early Uber investor and helped Uber roll out internationally. Moreover, he was a founding partner at EQT ventures, and now he is active in driving the transition towards clean energy with his clean energy conglomerate Koolen Industries.

Koolen has been an active board member in Holidu since 2016, both during his time as a partner at EQT Ventures and later in his role as advisor to EQT Ventures.

“The COVID-19 pandemic is reshuffling the cards in the travel industry and Holidu is clearly one of the winners of the accelerated trend towards alternative accommodation”, says Koolen.

Pandemic pushes domestic

The company believes that this pandemic has caused a shift in users’ travel behaviour, with many preferring domestic travel. According to Holidu’s internal data comparing July 2020 with the same month of the previous year, users chose domestic travels, made more last-minute bookings, and preferred more premium accommodation choices.

“People had been locked in their apartments due to COVID-19 for a long time and we saw that once it was allowed again, people just wanted to travel. Many of them looked for safer nearby travel options, for which vacation rentals are ideal. We have focused on this segment of the travel market since our foundation and it makes us beyond happy that we have been able to help millions of travelers to have a great summer vacation this year.” explains Johannes Siebers, Co-founder and CEO at Holidu.

“At one point, we almost got overwhelmed by the large demand. Fortunately, we were able to react quickly thanks to the strong work of our team and the internal technology tools,” he adds.

Hoildu was founded in 2014 brothers Johannes and Michael Siebers. It was founded by the duo following a frustrating experience while booking a vacation rental for a surfing trip to Portugal. According to the company, they spent hours browsing through dozens of websites to find the right accommodation and realised that some of the rentals were offered on multiple sites for different prices. 

Holidu, currently, has a team of more than 200 people and closed its €40M Series C round led by Prime Ventures in 2019.

Image credits: Holidu

The post Munich-based Holidu turns profitable amid pandemic; raises funding from former Booking.com CEO Kees Koolen appeared first on Silicon Canals .

Startups – Silicon Canals

Startups that sell online, can you describe the process that goes from receiving the order to giving the package to the delivery company?

Hi all, I'm a European business student, me and my team are doing a report about what happens during this phase of the delivery process. The ideal would be that you go into as much detail as possible about all the steps (like printing the bar-code or the packaging).

Thanks for helping us!

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Startups – Rapid Growth and Innovation is in Our Very Nature!

Former Booking.com CEO invests €4 million in Holidu, one of the fastest-growing traveltechs

Holidu, one of the fastest-growing travel tech companies worldwide, today announced that former Booking.com CEO Kees Koolen has invested more than €4 million into the company from his personal fund as part of a €5 million extension to the €40 million Series C round of the previous year. The funding follows a period of accelerated…

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EU-Startups