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Finnish venture capital market declined in 2009
<p>Investments in Finnish high-tech companies dropped 60 percent from 2008, reflecting a 30.6 percent decline in the overall investment activity. Fifty-eight companies tracked by Technopolis Online received funding worth 101 million euros. Investment activity last year remained higher than expected, but investors stayed away from larger investments like the WinWind and Blyk deals that contributed 160 million euros to the market in 2008.</p> <p>"Finland fared well in the international comparison. And 2010 has seen a good start in the investment activity. But the lack of exit opportunities or international investors continues to be a problem. We need to keep working hard to solve these,� said <strong>Will Cardwell</strong>, director of Technopolis Development Services.</p>

MobileMonday to launch chapters in Africa
<p>MobileMonday has announced the opening of chapters in Kampala, Uganda and Nairobi, Kenya. The Kampala chapter opens its doors on March 8, and the Nairobi chapter launches on March 11. A new South African chapter will also open in Capetown. After over a year of background work, the global organization formed a partnership with the World Bank to take the commmunity's concepts to several African countries.</p> <p>"We visited selected African markets a few weeks ago with absolutely no idea how the open community values would be received, and were pleasantly greeted with much enthusiam by the business, governmental, and academic communities, and by the <a href="http://bit.ly/bJKfSC">media</a> as well," said <strong>Jari Tammisto</strong>, MobileMonday's CEO.</p>