The Finnish Patent and Registration Office (PRH) has given its decision regarding the Kalevala dispute Dispute arose between two Finnish companies over the use of the name ‘Kalevala’, when a Helsinki based Finnish cultural tourism project called Kalevala kartalle wished to use the word ‘Kalevala’ in its logo. Kalevala Koru, a Finnish company creating traditional jewelry, filed an opposition to the trademark registration, claiming that there is a risk of confusion with the project’s...
Blog & News
The Epic Battle Continues
In September 2020, we discussed the Epic Games vs. Apple (and Google) case in our blog post. To cut a long story short, Epic Games introduced a new payment system for its best-selling mobile game, Fortnite, offering an alternative in-app purchase method. The new payment system bypasses the 30 %...
Record-breaking amount of funding – Finnish startups raised almost one billion euros in 2020
Despite the global pandemic, records are being broken in the Finnish startup community Last year, Finnish startups attracted a record-breaking amount of funding. The growth funding raised by domestic startup companies almost doubled compared to the previous years. The total amount invested in Finnish startups in 2020 was EUR 951...
EU proposal seeks to set strict rules for AI
A proposal drafted by the European Commission on the regulation of artificial intelligence was leaked ahead of its publication date. The official announcement is expected to be next week. According to the draft, the European Union plans to avoid the dystopian scenarios from Black Mirror or Westworld by taking a...
Growth Academy: Employee Incentives materials now available
The materials from Lexia Growth Academy webinar: Employee Incentives, held on Wednesday 31 March, are now available. If you attended our event but forgot to take notes, you don’t need to worry! You can now download the presentations or watch the recording down below. Growth Academy: Employee Incentives - implementation...
GameRefinery, one of Finland’s fastest growing scale-ups, was acquired by Vungle – Lexia advised in the process
GameRefinery, a Finnish leading gaming analytics company, was acquired by a mobile performance advertising platform Vungle at the beginning of March. GameRefinery provides game developers and publishers with tools to commercialize their games and to understand the elements of a successful mobile game. The company’s constantly growing service database already covers...
Tampere-based Klingendahl Merges with Lexia – Strong Focus on Business-Centric Law Services
Lexia Attorneys merges with Klingendahl Attorneys. The merger will bring about a modern and international law practice that focuses on achieving clients’ business goals with rock-hard professionalism and a relaxed service attitude, catering to companies in the Tampere region. The merger also strengthens Lexia's presence in the Tampere startup scene....
StageZero trains AI in speech recognition and computer vision where Lexia ensures GDPR-data protection
Artificial Intelligence is considered to be the 5th Industrial Revolution and AI is changing permanently both how people and companies operate and interact. Computer vision and speech recognition are areas within AI that require, in addition to the algorithms, a large amount of training data such as images and recorded speech....
Growth Academy 31 March 2021: Employee incentives
Our next Growth Academy webinar will be held on 31 March 2021 at 9:00-10:00. For startups it can be tough to recruit top talents without breaking the bank. In this one-hour webinar we will raise key points about employee incentives’ implementation and taxation. Register now!
The Kalevala Dispute – who has the right to use the name of the Finnish national epic?
Kalevala Koru, a traditional Finnish company creating jewelry has gotten into a dispute regarding the use of Finnish national epic Kalevala’s name. Helsinki based/Finnish cultural tourism project named “Kalevala kartalle” wishes to use the name Kalevala but Kalevala Koru claims the word ‘Kalevala’ should not be used in the project’s logo....