Expanding a Latvian MedTech startup to the UK -
Six lessons from CastPrint
3 min
CastPrint offers 3D printed solutions for fracture treatment - personalised and lightweight casts that are designed to be more comfortable to wear than plaster casts. The company was founded in 2016 by Sigvards Krongorns and Janis Olins.
Just as CastPrint was launched after consulting over 20 medics, its expansion to the UK in late 2019 was also initiated and supported by doctors and the medical community. The decision to open a branch in the UK was based on three factors: market size, healthcare system (and how CastPrint fits in it), and market entry speed.
Scaling up in the UK -
Six practical lessons from Giraffe360
3 min
Giraffe360 is a 360-degree imaging technology start-up led by Mikus Opelts. The startup operates in the proptech (property technology) niche to provide high-quality pictures and floor plans of properties for remote property viewing.
Mikus moved to London from Latvia three years ago to scale his start-up to international markets. The three years have given him plenty of time to learn the lay of the land and collect insights to what works, and what doesn't. From landing your first clients and raising capital to scaling and hiring employees.
Here's what Mikus has to say about scaling in London.
Going “all in” to the UK market -
Six lessons from cloud manufacturing startup Fractory
3 min
Fractory is a cloud manufacturing startup offering metal fabrication services online. Fractory’s clients upload their CAD files to the platform that connects them to a wide range of manufacturing partners according to their availability, location, materials, and capabilities.
Initially based in Estonia, Fractory moved to the UK in July 2019. There they have already received several awards for digitisation of manufacturing, including the award for Best Use Of Tech. Fractory’s founder and CEO Martin Vares was also included in Forbes 2020 “30 Under 30 Europe” list.
Be ready to compete -
Five lessons from CreditOnline for companies eyeing the UK market
3 min
CreditOnline provides a loan business management software and related technical and legal assistance for banks, alternative lenders, retailers, and others to manage online lending of various types. Recently, CreditOnline secured a £75,000 grant from Innovate UK for developing a platform for instant credit scoring for lenders to validate clients and ensure repayment ability.
Originating out of Lithuania, CreditOnline opened its UK office in early 2020, having identified a market opportunity, seeking to be closer to existing and new clients, and looking to establish a presence in one of the world's main financial hubs.
