Every year, Sweden’s top weekly tech magazine Ny Teknik, in association with finance paper Affärsvärlden review hundreds of young Swedish companies, in search of innovation and new technological solutions with great international growth potential.
The companies have to be less than seven years old and built on a unique idea and vision, i.e. not building on someone else’s solution.
33 of the companies get recognized in feature articles in the magazines, and in an award ceremony where the cream of Swedish tech, business profiles, and venture capitalists are invited.
This year, FOSSID was among the winning companies, which is a testament to our great level of innovation, quick growth, and international relevance; Not to mention that we were the only self-funded company among the winners, with no external capital raised.
Co-Founder and VP Products Jon Aldama received a diploma and talked about us to an interested crowd. He talked about our patented knowledge base and search engine and the levels of machine learning and artificial intelligence that make up one of the greatest software composition analysis tools on the market.
The lineup of fellow winning companies was inspiring. A wide spectrum of applications was represented in different industries and showed everything from leveraging AI and autonomous processes to control vehicles and robotics, to breakthroughs in medical science, to new ways of using new materials like graphene, and new ways of assembling miniscule components in electronics. The most eye-catching winners were probably the electric vehicles, like the off-road bike, and the water jet-powered surf board.
Congratulations to all of you and best of luck in your respective journeys!