Press Release, 21 August 2015
Free for publication: Immediately
Yepzon has won the Finland round of the prestigious Start Tel Aviv competition, that brings promising startups from all over the World to experience the Israeli startup ecosystem, organised by the Israeli Ministry for Foreing Affairs and city of Tel Aviv.
Yepzon will now travel to Israel to participate in the DLD Innovation Tel Aviv 2015 festival. During the experience, Yepzon will meet with Israel’s top investors and local entrepreneurs.
Awarding the prize to Yepzon, Ambassador of Israel to Finland Dan Ashbel commented: “Yepzon is practical, meaningful and holds great potential”.
Start Tel Aviv is a global competition that takes place for example in Finland, Germany, Korea and South Africa. As winners of the Finland round of the competition, Yepzon will join 20 other international startups – winners in their own countries – on the visit to Israel.
“Winning this competition is great recognition for Yepzon”, says CEO Otto Linna. “Yepzon is looking for 3 million euros of growth funding in the next 12 months, and finding investors who can support rapid growth is an ongoing process. Israel’s startup scene is really buzzing right now, with an ecosystem that fuels innovation, investment and international partnerships”.
Yepzon is a wearable locator device that uses Bluetooth, GPS and mobile network technologies to provide accurate location information through a mobile application for iOS, Android and Windows Phones. You can use Yepzon to keep track of your kids in the backyard or at school; give elderly relatives peace of mind; locate family pets, or make sure you never lose your golf clubs by slipping a Yepzon in the bag!
Otto Linna, CEO
+358 43 217 0275
Yepzon Enterprises is the developer of easy-to-use mobile positioning services. Founded in 2013, the company has a staff of four and employs approximately 20 product developers on subcontracts. Yepzon is in entirely European and primarily Finnish ownership, divided between private investors operating in different fields. The company’s headquarters are in Tampere, Finland. Yepzon Ltd., registered in London, is a subsidiary completely owned by Yepzon Oy. Yepzon Inc., registered in Nevada, USA, is a joint enterprise with Global Expansion Solutions. www.yepzon.com