
Last week, I met with Quuppa (http://quuppa.com/), a Finnish startup based in Espoo. Quuppa is a Nokia spin-off doing high-accuracy indoor positioning. It was one of the first startups we hosted at EIT Digital’s office at Open Innovation House (You can read more about our Startup Residency Program here).
Quuppa’s technology is based on fixed base stations and on very low-weight tags. It can be used for high-accuracy location tracking, positioning, and navigation and the system has been used in various industries from sports to healthcare and retail.
There is one thing that I really love about this company. It is a research-based startup. The founders worked on the technology for years inside Nokia. When Nokia decided that indoor positioning was no longer on their strategic roadmap, the tech team spun it out as a company of its own and has succeeded in commercializing the technology. They have had to learn the ropes of B2B business from scratch. In Finland, we have way too little of these researchers-turned-into-entrepreneurs. Quuppa team is a great role model for others to come.