The history of
Voyantic
At the Helsinki University of Technology, Juho and Jukka were deeply involved in corporate collaboration projects that explored smart packaging technologies, with RFID as a central focus. It was exciting for the two young researchers that got to be a part of project in the forefront of a new technology. As these projects concluded, partnering companies started asking questions about the measurement technology applied during the research phase.
“That was when Jukka and I looked at each other, realizing we had stumbled on a possibly once-in-a-lifetime opportunity,” -Juho.
“Coming from a research background, I found it relatively easy to decide to start the company. I thought the worst that could happen was that I’d learn a lot in the process,” -Jukka.
Voyantic was established in 2004 in Finland.
Over the years, Voyantic has grown, new talents have, and partners have extended our global presence. NFC systems and product extensions have been added to the portfolio, and key software products have enjoyed constant engineering attention. Nowadays, over 90% of tag developers use Voyantic systems. Voyantic has delivered hundreds of solutions around the globe.
Now their vision has grown into a company with 50+ employees and 4000+ installed systems in more than 40 countries.
How it all started…
“Fellows, the Americans won’t buy anything from you!”
Back in 2005 we were busy raising money with our business plan.
After hearing our complete pitch, followed by a lengthy conversation, one seasoned Venture Capitalist remarked that “Fellows, I like your business idea. I like the product. The team is OK. I actually believe you’re going to get the product done. But listen – the Americans won’t buy anything directly from you”…
Watch the video for the full story!