Slovenia is a small, mountainous nation that sits on the crossroads of worldwide commerce routes. With a robust grasp of English, Slovenian startups are better off for reaching a world, multilingual market. This central European nation that was a part of the previous Yugoslavia continues to be within the early levels of creating a vibrant startup ecosystem. However, the nation has a developed financial system and is the richest Slavic nation when it comes to GDP per capita. So far as we will inform, most of the startups being developed within the nation have been utilising blockchain and cryptocurrencies – the previous having just lately skilled a crash, which doesn’t bode properly for these startups which have funded themselves by way of ICOs.
Based mostly on our analysis on Slovenian startups, many specialize in areas akin to blockchain and journey tech, although few have jumped the hurdle of receiving VC funding, in all probability because of the lack of main VCs within the Slovenian ecosystem.
A few notable startups have emerged which have the potential to scale internationally. Right here we function 10 startups that we expect it is best to look out for in Slovenia in 2019:
Nexto works to “deliver world heritage to life with interactive location based mostly AR storytelling”. Based mostly in Ljubljana, Nexto launched in 2016 with iOS and Android handheld excursions of the Ljubljana Citadel, and has since grow to be a must have app for vacationers visiting Slovenia. Along with Nexto’s audio excursions of the Nationwide Gallery of Slovenia, its Pure Historical past Museum, Nationwide Museum, Museum of Trendy Historical past, Trendy Artwork Gallery, and Zoo, Nexto has added gaming and augmented actuality help. With its new gaming options vacationers can go on a digital quest by means of Slovenia – or probably another nation, museum, or World Heritage website – accumulating enjoyable information and recreation factors. The Nexto app is now obtainable in Slovenian, English, Hungarian, Croatian, Italian, German, French, Spanish, Portuguese, Dutch, Russian, Japanese, Chinese language and Korean – little question with extra languages on the best way as Nexto’s platform turns into used outdoors of Slovenia. In 2018 Nexto gained the Journey Tech Bootcamp in Eilat, Israel.
Based in 2015 and based mostly in Ljubljana, Sensible Futuristic is making an attempt to unravel the issue of meals waste by taking advantage of unused assets. In Slovenia it’s unlawful to make use of meals that has handed its sell-by date, even whether it is nonetheless good. Subsequently the startup’s most important answer has been to launch its personal retailer, Robin Meals, which recovers meals in different methods – from producers which have an excessive amount of inventory of their warehouses that they will’t put into circulation, merchandise which were returned by retailers to suppliers, merchandise that have to be repackaged, and merchandise which were recalled as a consequence of rebranding. Robin Meals invests lots of power into negotiating with suppliers to reap the benefits of their surpluses. The challenge is co-financed by the Slovenian authorities and the European Regional Improvement Fund. Proper now, Sensible Futuristic is ending the beta improvement of its product whereas it plans to increase operations into different EU nations.
Based in Ljubljana in 2018, GewdGame is an esports expertise market and matching service for aggressive players with skilled ambitions. It offers a platform for aggressive players to enhance their expertise, construct a profitable group, and take step one on the trail to a professional profession in esports. GewdGame features as a market, bringing collectively provide and demand in a safe and reliable setting. In every transaction, each events agree on the timeframe, scope, and cost for the gameplay service offered. All customers can each rent different gamers as coaches and supply teaching providers, they usually can be a part of as much as type groups. Gamers also can use the platform to seek out opponents for pleasant apply matches freed from cost.
Based in 2015, Viberate connects artists, followers, expertise administration businesses and occasion organisers all collectively on the identical platform. The startup collects and analyses details about musicians, venues, occasions and different music business stakeholders, utilizing massive knowledge evaluation to calculate style and true reputation. The knowledge is then utilized in a set of apps that assist customers uncover new music and occasions, whereas providing professionals an environment friendly software to interact in enterprise and make data-driven selections. Viberate goals to do for music what IMDB did for films, and presently lists profiles of over 300,000 artists, 2,000 reserving businesses, 90,000 venues and 500,000 occasions. The startup raised a $1 million seed spherical in 2016.
Again in February 2017, Škofja Loka-based startup NV held a Kickstarter marketing campaign to launch their new product, the “S-Holder” – a shirt suspender that retains your shirt tucked in and retains you wanting skilled (which is particularly helpful for males with beer bellies). The S-Holder was an enchancment on the startup’s unique T-Holder mannequin, and a couple of,343 backers pledged $101,193 to kickstart the venture. In 2018 NV ran one other Kickstarter marketing campaign to check market their W-Holder for ladies. That marketing campaign didn’t attain its objective, however the demand was enough for NV to launch the product anyway. Over the previous two years NV has expanded its distribution world-wide via Amazon Prime. This has attracted a number of lower-priced knock-off rivals, however NV’s improved and confirmed design, high quality workmanship, and additional diploma of favor has helped them to win the “Amazon’s Selection” badge and keep their worth level.
Danes je nov dan (in English: In the present day is a brand new day) is a non-profit institute and web site devoted to “Nurturing important thought. Posing different questions. Hacking a brand new day. Nurturing a protected, inclusive and trendy net. And world.” Danes je nov dan acquired off the bottom in 2013 by profitable three out of 5 funding rounds from Google’s Digital Information Info Fund, for its options Parlameter and Commentality. Parlameter is a parliamentary monitoring software that permits customers to realize distinctive insights into the work of their representatives. By analysing knowledge gathered from parliamentary sources and visualising it in embeddable info playing cards, it permits journalists to save lots of time and improve their on-line articles with related interactive content material. The startup’s different answer, Commentality is an embeddable answer for on-line information organisations that facilitates constructive discussions. It permits customers who make feedback to interact with others’ statements in a means that each lowers the engagement barrier de-escalates confrontations for members who’re extremely emotionally motivated by the topic.
Fastcast is a media tech startup that makes casting straightforward for scouts and expertise managers. Simply based in 2018 and based mostly in Ljubljana, its platform makes use of AI to match actors with casting calls, permitting brokers to simply uncover new expertise for films, theatre, TV commercials, voice overs, music movies and extra. Actors and fashions can discover work by searching the location for open tasks (which for now are restricted to Slovenia) whereas Fastcast’s search engine allows businesses to vastly improve their productiveness by discovering the appropriate expertise and filming places inside minutes – from athletes to stuntmen, dancers, musicians, skilled actors, excessive finish flats, deserted homes, and factories – selecting from 4 totally different plans, from free to limitless. The startup’s platform and accompanying app permit brokers to browse profiles, chat with expertise, ship and obtain information, and extra.
Ljubljana-based fintech startup MoneyRebel is an all-in-one monetary platform that connects particular person buyers with a market of advisors and common finance with crypto finance. Based in 2017, the platform integrates cryptocurrency administration with the normal considerations of tax planning and advising. It options iOS and Android apps on the entrance finish, and automatic market evaluation and regulation monitoring on its backend servers for advisors.Customers can hyperlink accounts and allocate assets between three interconnected portfolios for an entire, 360° overview of their private funds. They will create their very own crypto pockets, hold up-to-date with information, and even obtain e-books from the obtainable library. As well as, customers can select from verified advisors and talk with them on the platform’s dashboard.
Based in 2016, Qvedo is an internet market that connects tour and exercise operators with travellers, providing all types of vacationer actions. Its cellular app is obtainable on the App Retailer and Google Play. The appliance permits customers to seek for totally different actions, examine them, after which e-book and pay for any exercise by way of the appliance. The actions provided by way of QVEDO are priced the identical as they’re priced by the precise suppliers, whereas the startup takes a 15% fee for each buy made by way of its app.
CargoX is an unbiased provider of blockchain-based Sensible Invoice of Lading – an in depth record of a ship’s cargo within the type of a receipt. Its options present a particularly quick, protected, dependable, and cost-effective approach to course of Payments of Lading anyplace on the planet. CargoX has developed a decentralised platform based mostly on the Ethereum community, and has a pipeline of future merchandise for the availability chain business. In November 2018, CargoX took first prize within the IRU World Congress Startup competitors amongst 77 rivals from dozens of nations, and it already has a powerful listing of worldwide company companions. CargoX was based in Ljubljana in 2017 and has a market cap of $7 million, largely derived from an ICO providing in February 2018.