Bifrost AI
Series A in 2024
Bifrost is a developer of a Generative 3D platform for creatives to create custom virtual worlds. It generates synthetic training data using three-dimensional graphics to simulate real-life scenarios. These datasets help teach AI systems to handle new tasks, environments, and challenges, while also validating their performance and reliability across thousands of automatically generated scenarios.
Hefring Marine
Venture Round in 2024
Hefring Marine is an Icelandic deep-tech startup based in Reykjavík that specializes in providing advanced marine solutions through its Intelligent Marine Assistance System (IMAS). This innovative hardware-enabled software-as-a-service (SaaS) platform utilizes artificial intelligence, machine learning, and the Internet of Things to deliver real-time navigation guidance for both manned and unmanned vessels. By leveraging data-driven insights, Hefring Marine's system helps operators enhance safety, reduce fuel consumption by up to 25%, and significantly lower carbon emissions. Additionally, it mitigates the risks associated with wave slamming, potentially reducing impacts by up to 70%, thereby ensuring a safer and more comfortable experience for crew and passengers. The continuous learning capability of the AI improves operational guidance over time, addressing issues of inexperience and enhancing situational awareness among operators.
Solideon
Seed Round in 2023
Solideon specializes in Wire Arc Additive Manufacturing (WAAM) solutions aimed at large metallic component production. The company focuses on developing multi-robot, multi-tool manufacturing cells that significantly reduce production times, allowing for the creation of finished components in days rather than months. In addition to its core manufacturing capabilities, Solideon is dedicated to advancing transportation systems through innovative aerospace vehicle manufacturing. By leveraging machine-learning collaborative systems, Solideon supports the construction of vehicles and infrastructure not only on Earth but also in extraterrestrial environments such as the Moon and Mars. This approach enables space researchers to enhance their capabilities, potentially expanding economic opportunities and fostering advancements for humanity.
Cydome is a cybersecurity company focused on safeguarding the maritime Internet of Things (IoT) ecosystem. It offers an end-to-end cybersecurity platform that ensures the continuous operation of maritime vessels by providing robust protection from the kernel level through data and network isolation. Cydome's technology enables rapid, reliable, and automatic threat detection and protection, addressing vulnerabilities in guidance, sensor, control, command, and communication systems. By enhancing the security of these systems, Cydome plays a crucial role in integrating maritime operations with coastal infrastructures.
Labrys Technologies
Seed Round in 2023
We are a team of veterans, humanitarians, software engineers, cloud infrastructure and blockchain specialists unified by a single mission: To help our clients in the public and private sector optimise how they can manage globally distributed networks of people and teams We help clients in the private and public sectors eliminate the frictions associated with remotely managing global networks of people and communities. To do this, we are building the world's first unified, secure and integrated platform for scaling team and programme management at reach. At Labrys we deliver two types of services for our customers in the public and private sector: • A Software-as-a-Service (SaaS) offering, where our clients take our software and manage their own global teams and programmes • A Managed Service, where we use our software and unique global access to manage client requirements and programmes
Materials Nexus
Seed Round in 2023
Materials Nexus is a deep-tech company specializing in accelerating sustainable materials innovation. It automates complex quantum calculations at scale, enhancing accuracy and efficiency. The company's core business lies in developing a material modeling platform that integrates quantum mechanics and artificial intelligence. This platform facilitates the creation of greener, more sustainable materials with reduced greenhouse gas emissions, primarily targeting the construction sector for access to eco-friendly building materials.
Satellite Vu is a developer of high-resolution thermal imaging satellites designed to monitor the temperature of buildings and infrastructures globally. By utilizing infrared technology to capture heat emissions in near real-time, the company provides valuable insights into economic activity, energy efficiency, and carbon footprints. This information aids various sectors, including the energy industry, investors, natural disaster responders, and building operators, in making informed decisions related to sustainability and resource management. Through its innovative satellite imagery, Satellite Vu aims to enhance understanding of environmental impacts and support initiatives in sustainable finance and disaster response.
Bifrost AI
Seed Round in 2023
Bifrost is a developer of a Generative 3D platform for creatives to create custom virtual worlds. It generates synthetic training data using three-dimensional graphics to simulate real-life scenarios. These datasets help teach AI systems to handle new tasks, environments, and challenges, while also validating their performance and reliability across thousands of automatically generated scenarios.
Greenjets
Pre Seed Round in 2023
Greenjets, founded in 2019, specializes in the development of quiet, safe, and efficient propulsion systems aimed at promoting sustainable aviation. Initially incubated within Blue Bear Systems Research, Greenjets became an independent entity in December 2022. The company is committed to providing environmentally responsible private flying solutions that facilitate the transition to sustainable aviation practices. By offering innovative propulsion technologies, Greenjets aspires to make sustainable travel more accessible to businesses and individuals alike.
Valarian Technologies
Seed Round in 2022
Valarian Technologies specializes in providing advanced data sovereignty infrastructure tailored for commercial enterprises and government institutions. The company's solutions enable organizations to ensure compliance with data protection and privacy laws across various jurisdictions, integrating seamlessly with existing communication tools like Microsoft Teams and WhatsApp. Valarian's offerings are adaptable to any environment—whether on-premises, cloud, or hybrid—granting clients full operational autonomy and control over their communication data. This capability safeguards sensitive information from unauthorized access, regulatory violations, and privacy breaches, while also facilitating the secure flow of data between regional business units. Amid increasing geopolitical and cyber threats, Valarian enhances the resilience of critical operations, protecting intellectual property and trade secrets, thus empowering clients to innovate and compete globally with confidence.
Januus operates a database platform that connects cryptocurrency wallets to real-world identities, aiming to facilitate the integration of blockchain technology into the traditional financial system. By collecting and analyzing data related to crypto assets, wallets, and transactions, the company provides organizations with valuable insights that enhance customer understanding, improve compliance with regulations, and mitigate risks associated with illicit activities. Januus's efforts are focused on accelerating the adoption of cryptocurrency by the global financial community, ensuring that businesses can navigate the complexities of the digital asset landscape while maintaining security and adherence to regulatory standards.
XTend specializes in developing innovative solutions that facilitate human interaction with drones and unmanned machine technologies. The company's core technology allows users to virtually inhabit drones, enhancing their ability to engage in tactical missions in various environments, both indoors and outdoors. XTend offers a lightweight, wearable controller that utilizes natural hand gestures, enabling users to operate drones with ease and precision. The integration of advanced virtual reality, sensor fusion, and mark-and-fly technology provides operators with enhanced situational awareness, contributing to more informed tactical decision-making. Additionally, XTend's solutions are designed to gamify real-life activities, broadening their application beyond conventional uses.
Hefring Marine
Venture Round in 2021
Hefring Marine is an Icelandic deep-tech startup based in Reykjavík that specializes in providing advanced marine solutions through its Intelligent Marine Assistance System (IMAS). This innovative hardware-enabled software-as-a-service (SaaS) platform utilizes artificial intelligence, machine learning, and the Internet of Things to deliver real-time navigation guidance for both manned and unmanned vessels. By leveraging data-driven insights, Hefring Marine's system helps operators enhance safety, reduce fuel consumption by up to 25%, and significantly lower carbon emissions. Additionally, it mitigates the risks associated with wave slamming, potentially reducing impacts by up to 70%, thereby ensuring a safer and more comfortable experience for crew and passengers. The continuous learning capability of the AI improves operational guidance over time, addressing issues of inexperience and enhancing situational awareness among operators.
Valarian Technologies specializes in providing advanced data sovereignty infrastructure tailored for commercial enterprises and government institutions. The company's solutions enable organizations to ensure compliance with data protection and privacy laws across various jurisdictions, integrating seamlessly with existing communication tools like Microsoft Teams and WhatsApp. Valarian's offerings are adaptable to any environment—whether on-premises, cloud, or hybrid—granting clients full operational autonomy and control over their communication data. This capability safeguards sensitive information from unauthorized access, regulatory violations, and privacy breaches, while also facilitating the secure flow of data between regional business units. Amid increasing geopolitical and cyber threats, Valarian enhances the resilience of critical operations, protecting intellectual property and trade secrets, thus empowering clients to innovate and compete globally with confidence.