TheFactory

TheFactory is an Oslo-based asset management firm established in 2015 that supports early-stage startups through investments, accelerator programs, and access to a vast network of industry experts. It focuses on various sectors, including financial services, real estate, smart cities, retail, energy, and impact initiatives. TheFactory provides entrepreneurs with funding of up to NOK 500,000 and substantial resources through partnerships, offering benefits valued at approximately USD 1 million. By leveraging a network of over 150 experienced mentors, including entrepreneurs and industry specialists, TheFactory equips founders with essential knowledge and insights to validate their business ideas against market needs. This strategic approach ensures that the startups are well-positioned to develop viable business models and pricing frameworks aligned with actual customer demands.

Ingar Bentsen

CEO and Founder

16 past transactions

Artera

Venture Round in 2023
Artera develops medical artificial intelligence tests that personalize therapy for cancer patients. Its tests predict therapeutic benefits and prognosticate patient outcomes. The Artera platform is purely software, and runs on digital images of H&E histopathology images as part of routine clinical care.

Galileo

Series A in 2022
Galileo.ai is an AI platform that specializes in developing, testing, monitoring, and securing AI applications. It offers a data intelligence platform that enhances machine learning by analyzing unlabeled data to automatically identify error patterns and data gaps within models. This capability allows clients to improve operational efficiencies, reduce costs, and address data biases across various sectors, including healthcare, financial services, and insurance. Through its innovative solutions, Galileo.ai aims to advance the effectiveness of AI technologies in diverse industries.

Voltron Data

Series A in 2022
Voltron Data specializes in developing tools for data access and memory computing aimed at enhancing the data analytics ecosystem. The company has created an open-source platform that facilitates seamless connections between data, hardware, and developers. By providing modular and composable analytics building blocks, Voltron Data enables the creation of multi-language tools that promote accelerated data interchange and in-memory processing. This approach allows developers, data scientists, and data engineers to improve their toolchains and establish better interoperability standards for data access, preparation, cleaning, analytics, and feature engineering.

Voltron Data

Seed Round in 2022
Voltron Data specializes in developing tools for data access and memory computing aimed at enhancing the data analytics ecosystem. The company has created an open-source platform that facilitates seamless connections between data, hardware, and developers. By providing modular and composable analytics building blocks, Voltron Data enables the creation of multi-language tools that promote accelerated data interchange and in-memory processing. This approach allows developers, data scientists, and data engineers to improve their toolchains and establish better interoperability standards for data access, preparation, cleaning, analytics, and feature engineering.

NorQuant

Seed Round in 2019
NorQuant is a company that specializes in investment research and automated trading solutions. It focuses on providing investors with access to up-to-date financial information and insights through a user-friendly platform. By leveraging statistical analysis and machine learning, NorQuant identifies investment opportunities and develops automated solutions that adhere to a scientific, rules-based approach to investing. The company's commitment to implementing world-leading financial research ensures that its clients can make informed decisions to enhance their financial returns.

riskrate

Angel Round in 2018
Riskrate is a financial reporting automation platform that streamlines the management of live financial data for accounting offices. It focuses on assessing the risks, payment timelines, and potential delays associated with new business customers. The platform provides features that allow businesses to anticipate changes in payment patterns, offering alerts to help manage financial risks effectively. By consolidating financial information, Riskrate enables users to save time and gain real-time insights into payment details, enhancing their ability to make informed decisions.

LifePlanner

Angel Round in 2018
LifePlanner is a service that assists individuals in managing various life phases by organizing and securely storing important documents and information. The company provides a digital vault that encrypts personal, financial, and legal data, ensuring that users can access and share this information as needed. By collaborating with insurance companies, lawyers, and funeral agencies, LifePlanner aims to support individuals during critical moments, making essential wishes and memories readily available. Through its automated storage solutions, the company facilitates better decision-making for users by ensuring that vital information is organized and easily accessible.

Empower.eco

Angel Round in 2018
Empower.eco operates an online platform designed to address the plastic waste problem by incentivizing individuals to collect and deposit plastic waste. Founded in 2018 and based in Oslo, Norway, the company rewards users for their efforts in recycling through a system that provides electromagnetic pulse tokens. These tokens can be utilized within the Empower ecosystem or exchanged for local currency, allowing users to earn money while contributing to environmental cleanup. In addition to promoting recycling, Empower.eco aims to alleviate poverty by providing a source of income for individuals in need, thereby combining environmental sustainability with social responsibility.

NorQuant

Angel Round in 2018
NorQuant is a company that specializes in investment research and automated trading solutions. It focuses on providing investors with access to up-to-date financial information and insights through a user-friendly platform. By leveraging statistical analysis and machine learning, NorQuant identifies investment opportunities and develops automated solutions that adhere to a scientific, rules-based approach to investing. The company's commitment to implementing world-leading financial research ensures that its clients can make informed decisions to enhance their financial returns.

Mahoom

Angel Round in 2018
Mahoom is a developer of a picture-sharing application that allows users to create profiles for their homes and explore the interiors of other users' homes for free. The application facilitates the uploading and sharing of images related to home decor, including furniture and various interior decoration products. By enabling users to connect with other homeowners, Mahoom provides valuable information and suggestions for beautifying home interiors, fostering a community where users can exchange tips and inspiration for home decoration.

Lendwill

Angel Round in 2018
Lendwill is a lending platform that aims to democratize financial access through a peer-to-peer model, often likened to "AirBnB for money." It addresses the issue of invisible poverty by encouraging young individuals to support one another through money sharing and lending on a global scale. By utilizing blockchain technology, Lendwill builds globally valid credit profiles and allows users to establish a blockchain-verifiable credit history through small loans. The platform not only facilitates lending but also monitors repayment behavior to assess trustworthiness among users. Lendwill is set to launch in 70 countries and integrates with 99% of Norwegian banks using Open Banking APIs, enhancing its reach and operational capabilities.

Diwala

Angel Round in 2017
Diwala is a software as a service (SaaS) platform focused on creating a secure ecosystem for digital credentials. It allows users to store, authenticate, and distribute various types of digital credentials globally. The platform features a digital identity wallet that helps individuals and businesses maintain an easily accessible and verifiable record of essential documents. By adhering to self-sovereign identity principles, Diwala facilitates seamless data sharing while ensuring high integrity and interoperability, effectively overcoming barriers in digital infrastructure. The company aims to address issues of certification and identity fraud by providing a skill identity application that offers a verified record of educational and work histories, enabling clients to issue and manage digitally verifiable credentials for their graduates or employees.

Tillit Forsikring

Angel Round in 2017
Tillit Forsikring AS is a technology-driven insurance provider based in Oslo, Norway, founded in 2017. The company offers a range of insurance products, including family insurance, property damage, theft coverage, pet insurance, contents insurance, and specialized coverage for smartphones. Its application-based platform simplifies the insurance purchasing process, allowing users to customize their coverage, find protective accessories, and report damage directly through a web browser or mobile app. Tillit Forsikring employs dynamic pricing to provide discounted premium rates and adjusts coverage costs on a monthly basis, making it easier for customers to manage their policies online.

BizBot

Angel Round in 2017
Bizbot is a shareholding tool for investors and business owners. By analyzing user data, BizBot automates time-consuming processes so that valuable resources can be used on growth and less paperwork. The company was founded in 2017 and is headquartered in Fornebu, Oslo.

Luca

Angel Round in 2017
Luca is a company that specializes in developing accounting software aimed at streamlining financial data management for small businesses and sole proprietorships. By leveraging artificial intelligence and machine learning, Luca's software automates the process of recording financial data from various invoices, significantly reducing the need for manual data entry. This innovative approach allows users to focus on more complex financial challenges, enhancing overall efficiency in their accounting practices.
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