“A new wave of exceptional Entrepreneurs is emerging in the Nordics”

In 2022 the medtech company Multi4 won the Startup of the Year award.

Entrepreneurs in the Nordics are taking on an increasingly important role in society by creating products and services that address our most pressing challenges. Today, a growing number of these companies are on their way to become global leaders within various fields and sectors, a progress that the Swedish platform Techarenan wants to highlight and showcase.

For a decade, Techarenan has organized Techarenan Challenge, an annual entrepreneurship competition for Nordic startup and growth companies from all industries with a unique innovation or business model with global potential.

Finalists throughout the years are wellknown companies such as Voi (micro-mobility), Too Good To Go (foodtech), X-Shore (electric boats), Bico (life science/medtech), Cake (electric vehicles) and many more.

“Even though the climate for entrepreneurs might become tougher in the near term, the entrepreneurship climate in the Nordics is at its peak. It is clear that the Nordics is a hub for extraordinary companies, which create products and services that change our lives for the better,” Techarenan CEO and Founder Omid Ekhlasi states.

He believes entrepreneurs today are very well equipped and knowledgeable in how to operate and build businesses.

“Thanks to companies such as Spotify, Supercell, Klarna, Skype, Trustpilot and many more, we have a new generation of talents that have been part of building a global companies at a fast pace and many of them are now getting involved in the startup ecosystem as founders, investors and advisors, continues Omid Ekhlasi”.

In recent years the competition has been taking place during the “Almedalen Week” at the Swedish island Gotland. An annual event that gathers politicians from all parties of parliament, authorities, corporate leaders, and other decision makers.

“Many entrepreneurs are working to drive major changes that challenge today's existing solutions and require regulatory changes. Therefore, it is important for us to be close to the politicians and the established companies in order to drive change. We also see that entrepreneurs take on an increasingly important role as opinion makers in society.”

In 2022 the medtech company Multi4 won the Startup of the Year award. The company is led by Dr. Miden Melle Hannah, a surgeon and urologist, who has invented and developed a tool which can diagnose and remove urinary bladder cancer during a single doctor's visit. Growth company of the year was Wayout International, currently rolling out their proprietary drinking water system to regions of the globe with low access to clean drinking water. Airforestry won the Business Award. The company operates within the forest industry and has created electric and autonomous drones for thinning, removing and transporting trees from the sky. Zebrain, a digital coaching-based development platform won the Audience Award. The winner of the Industrial Award was Stilride that has developed a green manufacturing value chain for folding a 2D metal sheet into a 3D advanced design product with minimal CO2 emissions. Myrspoven won the Social Impact Award with their AI based solution that optimizes energy usage in buildings. |

www.techarenan.com