Sesame Summit 2026 – application open

4 trends we took back from Slush 2024

With more than 200 talks on four stages, not to mention the side events, Slush 2024 had so much content to offer that you probably missed some even if you were there. And if you missed it altogether, here are four trends that caught our attention:

Second-hand is going mainstream

Two high-profile figures of second-hand marketplaces were speakers at Slush 2024: former Depop CEO Maria Ragu, and Vinted co-founder Milda Mitkute.

The two companies are incredible success stories in terms of adoption, and also as businesses. Vinted is now valued at €5 billion valuation, and Etsy acquired Depop for some $1.625 billion. “Depop returned 25 times our money,” Creandum general partner Fredrik Cassel said on stage during his fireside chat with Maria.

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While both entrepreneurs have moved on (Maria, to VC, and Milda, to edtech), second-hand itself is here to stay, and not just in the background. 

It’s already blatant in Helsinki, where pre-owned items are a shopping highlight. Premium second-hand clothing can even be found right inside Stockmann, the city’s largest and fanciest department store, and at the airport, where Finnish family business Relove has its own shops, complete with cafés. 

But the trend goes well beyond Scandinavia, or clothing; for instance, pre-owned is no longer a taboo for Christmas gifts, and it will be interesting to see if French unicorn Back Market has any numbers to share in January on how many refurbished electronics made their way under the tree during this holiday season.

Medtech: The time is now

The startup that won this year’s Slush 100 competition was OASYS NOW, a solution to connect patients with clinical trials. It is a sign that there is still a lot to be done in healthtech, but also that startups can help.

“Unfortunately healthcare has been quite a drought when it comes to adoption of innovation and technology. We are here to make a difference,” its CEO Nima Salami told Sesamers. 

OASYS NOW wasn’t the only healthtech company on stage, including during the finals: Top 3 finalist Mohana Health is a platform to navigate perimenopause. According to its founder and CEO, Dora Jambor it relieves symptoms thanks to three key ingredients: “precision, personalized care and behavioral psychology.”

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With smart ring maker Oura Health now valued at $5 billion and establishing itself as one of Finland’s top success stories, it is only natural that Slush would be one place where investors are on the lookout for medtech innovation. AstraZeneca’s A.Catalyst Network (A.CN), for instance, was created in 2021 and has been attending the conference every year since then.

Don’t sleep on Roblox

Roblox is “a sleeping giant to us adults who weren’t playing,” Gamefam chief business officer Ricardo Briceno said. And while we were sleeping, a lot happened: Time spent on the platform skyrocketed, and esthetics changed, too. 

There’s also more to come, Gamefam CEO Joe Ferencz argued in a keynote. Roblox, he said, “is likely to disrupt gaming, and maybe media itself.” The key here is user-generated content, which is “changing everything.”

These conversations took place at a Slush side event dedicated to the future of gaming, but Roblox was also represented at the conference itself. Its Vice President of Civility & Partnerships, Tami Bhaumik, took part in a panel discussing gaming safety. 

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EU regulation for the win?

European entrepreneurs have mixed feelings about regulation in the region, to say the least. But Slush also brought examples of how legislation is creating tailwinds for startups in some sectors. 

One is Slush 100 Top 3 finalist DevAlly, which is helping companies comply with the European Accessibility Act (EAA), which will come into effect on June 28, 2025. “What GDPR did for data protection this act will do for accessibility,” its CEO, Cormac Chisholm, said during his finals pitch.

Another example is the textile sector. In a panel featuring Infinited Fiber Company, maker of circular fiber Infinna, and Syre, the recycled polyester venture founded by H&M Group and Vargas Holding, the conversation touched on the EU’s Ecodesign for Sustainable Products Regulation, and how it serves as an incentive for fiber recycling.

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The startup and investment community in Europe is also taking proactive steps to ensure that regulation plays in its favor. 

The most emblematic initiative in that sense is EU Inc, a petition to create a pan-European legal status for startups, and which was also a topic of discussion at Slush. It will definitely be worth tracking: If it works out, it could serve as a platform to introduce other changes that would better serve the startup ecosystem in the EU and beyond.

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la fabrique a nuage la barbe a papa sans sucre qui revolutionne le snacking 1726502154
Startups 2 days ago

The founders behind NUAGE, the sugar-free cotton candy rated Nutri-Score A, share their playbook for event strategy, budget, and pipeline ROI. If you’ve walked the aisles of a French food trade show recently, chances are you’ve seen — or tasted — a small cloud of the impossible: cotton candy with zero sugar and a Nutri-Score A. Behind it is Re.Snack, a startup founded in 2023 near Dijon by Vanessa and Florian, on a mission to reinvent confectionery. Their first product, NUAGE, is built on Sucr’A, a proprietary sugar substitute developed with AgroSup Dijon that uses plant fibres (isomalt and inulin) to recreate cotton candy’s signature melt-in-the-mouth texture — without sugar, allergens, colourants, or preservatives. The traction speaks for itself: revenue up from €200K to €7M in two years, distribution from 100 to 5,000 points of sale, more than 15,000 online orders, national TV exposure on M6 — and a reported acquisition offer from Lindt that the founders turned down. They’d rather build a brand than become a subcontractor. A sugar-free, fat-free popcorn is next. But what caught our attention is how they grew. For Re.Snack, trade shows aren’t a marketing expense — they’re the core of the sales machine, with a dedicated budget, pipeline targets, and hard ROI thresholds. So we sat down with the team and asked the five questions every founder should be able to answer about their event strategy. Sesamers: Let’s start with the basics. What role do events play in your sales motion — sourcing net-new pipeline, accelerating open deals, or closing? Re.Snack: Events are our number one growth channel. They generate new business, strengthen relationships with existing customers, and accelerate ongoing opportunities. In the food industry, people buy products, but they also buy the team behind them. Face-to-face interactions build trust much faster than emails or calls. That’s a big claim — number one channel. Does the budget reflect it? What share of your sales & marketing spend goes to events, and what target does it carry? Around 25% of our sales and marketing budget is dedicated to events. We consider them a strategic investment rather than a communication expense. Our objective is that every euro invested generates multiple times its value in qualified commercial opportunities over the following 12 months. Twelve months is a patient window. When you look across the whole portfolio of events, what does the blended pipeline ROI actually come out to? On average, we generate between 8x and 12x pipeline ROI across our major trade shows. Some flagship events, such as SIAL or ISM, can significantly outperform that because they concentrate the world’s key retail buyers in one place. Meetings are easy to count, revenue less so. Which events actually convert — not just into conversations, but into business? The events that convert best are those attended by decision-makers with active buying projects. For us, SIAL Paris, ISM, Snack Show, and major retail buying conventions consistently generate tangible business. Success isn’t measured by the number of meetings, but by the quality of follow-up and execution afterwards. Last one on the numbers: at what point do you decide an event has earned a bigger budget? What’s your threshold for scaling up? We increase investment once an event consistently delivers at least a 5x pipeline ROI and proves it can generate repeatable business over multiple editions. We look at long-term customer value rather than immediate sales, because retail cycles can take several months. Before we let you go — for the food founders reading this, what would be your top 5 events? My top five would be: What founders should take from this Beneath the answers sits a playbook any startup can copy, whatever the industry. Events have a job description. Re.Snack doesn’t attend trade shows to “be visible” — events source new business, deepen existing relationships, and accelerate open deals. If you can’t name the job an event does in your sales motion, you have travel expenses, not a strategy. The budget is an envelope with a target attached. A quarter of sales & marketing spend, set deliberately and measured against a pipeline expectation over 12 months. No target, no budget. ROI is measured blended, on a realistic clock. Individual events fluctuate; the portfolio number — 8–12x pipeline-to-cost in Re.Snack’s case — is what tells you whether the channel works. And the attribution window matches the sales cycle: judging a trade show by orders signed on the show floor would kill investments that pay off two quarters later. Conversion beats meetings, and follow-up is where ROI is made. The filter is decision-makers with active buying projects — not badge scans. The event budget implicitly includes the week after the show, not just the days of it. Budget growth follows proven return. A 5x floor, plus repeatability across multiple editions, before a single extra euro flows. One great year doesn’t unlock more spend; a pattern does. Run this way, events stop being a cost centre with nice catering — and become a growth channel with receipts. Company background via nuage.resnack.fr, France 3 Bourgogne-Franche-Comté, and Traces Écrites News.

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Events 1 week ago

This week I read about a hackathon claiming 6,000 attendees over a single weekend. The venues hosting it can’t accommodate more than 1,000 people. Nobody in the comments asked how the math worked. That gap between the claim and the room is what this article is about. For most event organizers, event metrics are marketing, not measurement. Once you understand how attendance numbers are built, why ROI stays a black box, and why matchmaking is often bad on purpose, you’ll read every post-event press release differently. Here’s a decoder. The vocabulary nobody explains to you The event industry has precise definitions. It just doesn’t advertise them. UFI, the global association of the exhibition industry, publishes calculation standards and auditing rules for all of them. Independent bodies like ABC audit against them. Here’s the short version. Visitor. One human being who came to the event. If I attend all three days, I’m one visitor. Visit. One entry through the doors. My three days now count as three visits. UFI accepts both figures in its audits, defines visits as visitors plus repeat visits, and requires the term used to be clearly indicated on the audit certificate. Guess which number ends up on the homepage. Attendee / participant. No standard definition. These are the marketing words. They can mean visitors, visits, registrants, exhibitor staff, speakers, press, students or the organizer’s own team, in any combination. When you read “50,000 participants,” you’re reading a number with no agreed method behind it. Registrant. Someone who signed up. Free registration events love this one, because no-show rates of 30 to 50 percent are common and registrations cost nothing to inflate. Exhibitor. Elastic too. UFI distinguishes direct exhibitors, who contract with the organizer, from co-exhibitors, who are part of a shared stand (think country pavilions). Both count. Daily exhibitor. A company present for a single day, typical in startup zones and rotating programs. A startup using a shared booth on day 2 only counts as one exhibitor, exactly like the anchor brand that paid for 400 sqm across the full show. Pavilion / delegation. A block of space booked by one entity, usually a national export agency, a region or a corporate, then filled with smaller companies. One contract, one invoice, 25 logos. Pavilions are how organizers cluster small booths into themed areas, and how “1,200 exhibitors” can describe wildly different realities. Net vs. gross exhibition space. Net is the square meters actually rented. Gross includes aisles, catering areas and that giant entrance arch. As a rule of thumb: net space is 50% of gross space at an average show.  The prosumer padding One more layer on the attendance side. Many events count audiences that are professional on paper only. Student groups bused in for the afternoon. Employees of a corporate partner who run one workshop on day 3. Startup founders’ plus-ones. Locals with a discounted badge. I’m not saying these people have no place at events. Some of the best energy on a show floor comes from them. But if you’re an exhibitor paying for access to buyers, a headline number that mixes procurement directors with second-year students is not relevant. Ask for the audience breakdown by profile. If the organizer can’t produce one, that tells you something too. The ROI black box Here’s the uncomfortable part: almost nobody wants to know if an event actually performs. CEIR, the research arm of the U.S. industry association IAEE, paused its exhibitor spend research for years and only resumed it in late 2025. Its 2026 Marketing Spend Decision Report finds that management evaluates exhibition ROI mainly on lead volume and post-show closed deals, and documents a gap between what practitioners track and what leadership actually cares about. The industry’s reference dataset on exhibitor spending had not been refreshed since 2017. Read that again: the largest B2B marketing channel went eight years without updated benchmarks. The exhibitor side confirms the fog. Vendelux’s 2026 B2B Events Survey of 120+ marketing and events leaders found that 86 percent can’t accurately attribute ROI to events, and 98 percent struggle to justify event spend to leadership. Yet 80 percent are maintaining or growing their sponsorships anyway.  Organizers benefit from this fog. Some only release their data points after the event is over, when your booking decision for next year is already locked in early-bird pricing. Others share nothing beyond the headline number. Try asking for the seniority breakdown of last edition’s visitors, or the ratio of buyers to service providers walking the aisles. I wrote before that founders systematically underestimate what events cost them, hence my 2:1 preparation rule. The other side of that equation is just as broken: they can’t estimate what events return, because the data to do so is withheld. The GDPR excuse When pushed, some organizers invoke GDPR as the reason they can’t share more. Let’s be precise. GDPR restricts sharing personal data: names, emails, badge scans tied to individuals. It says nothing about aggregated, anonymized statistics. “42 percent of our visitors have purchasing authority” contains zero personal data. An organizer who can’t tell you that either doesn’t know it or doesn’t want you to know it. Neither answer is reassuring. If startups are solving it, ask why organizers aren’t A whole category of companies now exists to answer a question organizers could answer themselves: was this event worth it? Full disclosure: at Sesamers we’re building mytradeshow.ai on this exact gap, so I have a horse in this race. Here are five others working the same seam: Sit with the logic for a second. Organizers gather and process the registration data, the badge scans, the floor plans, the exhibitor contracts. They are the best-placed actors in the world to measure event performance. If third parties have to reconstruct that picture from the outside, it’s because the people holding the data have decided that transparency isn’t always in their interest. Bad matchmaking is a feature One last thing, and it’s my favorite. Whenever an event’s matchmaking is mediocre, don’t

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