Validé

Validé is one of Norway's leading incubators, located in Stavanger and founded in 2016. With two decades of experience in business development, Validé focuses on transforming innovative ideas into commercially viable products and services. The organization evaluates approximately 400 early-stage companies and ideas each year, providing crucial support to startups in various sectors, including energy, healthcare, digitalization, food, agriculture, sea art, and communications. In addition to its incubation services, Validé operates the ITSA accelerator, further enhancing its commitment to fostering innovation and aiding young businesses in successfully entering the market.

Arild Kristensen

Health Director

4 past transactions

Factiverse

Seed Round in 2024
Factiverse is an AI-powered research platform focused on combating the growing issue of misinformation, which costs the economy an estimated 78 billion USD annually. With the rise of advanced chatbots like ChatGPT, the proliferation of misleading content has intensified, posing challenges for analysts, journalists, and content creators. Factiverse offers automated detection of fake news through its sophisticated use of artificial intelligence and natural language processing. Its innovative tool not only identifies misinformation but also provides users with succinct summaries highlighting key points, thereby streamlining the information verification process. The company has garnered recognition for its contributions to digital trust, winning several awards including the Digital Trust Challenge 2023 and being named AI-Startup of the Year by Nora.AI.

Intoto

Pre Seed Round in 2020
Intoto is a water data startup founded in 2018 that leverages advanced technologies such as AI, IoT, and big data to enhance the sustainable management of water resources. The company was established in response to a significant flood in 2015, highlighting the need for better data and insights. Intoto offers a software platform called "Studio," which presents water data in an accessible format, and the "Apparatus" data logger, known for its cost-effectiveness and low power consumption. Their services encompass AI and data analytics, with custom projects tailored for clients including hydro power plants and local governments. Intoto's platform aids in disaster prevention, river flood forecasting, aquaculture sustainability, and water quality improvement, ultimately helping clients make informed decisions regarding climate change. The company has formed partnerships with several industry leaders and aims to become a significant player in live river data in Norway, with aspirations to be a leading global provider of water data. With a skilled team of software developers, engineers, and data scientists, Intoto is committed to advancing water management practices.

Foodback

Pre Seed Round in 2017
Foodback is an innovative foodtech company that specializes in customer feedback and engagement solutions tailored for the restaurant industry. Its software platform provides a comprehensive survey tool that enables restaurants to gather instant and detailed feedback, helping them identify areas for improvement. By leveraging data-driven insights, Foodback empowers restaurants to enhance their service quality and boost customer satisfaction. Established in Norway, the company has demonstrated significant growth, multiplying its annual recurring revenue tenfold in 2019. With a solid track record and successful case studies, Foodback aims to expand its presence in the Nordic and European markets while also exploring opportunities in the U.S. market. Currently, the company is seeking to raise approximately $2 million to support its growth strategy, positioning itself between the Seed and Series A funding stages.

Huddlestock

Pre Seed Round in 2014
Huddlestock AS is a fintech company based in Stavanger, Norway, founded in 2014. It operates a crowd trading platform that facilitates stock market investments by allowing users to collaborate and make collective investment decisions within groups known as huddles. Users can also invite others to invest in these huddles, promoting a community-driven investment approach. The company is regulated as a financial services firm by BaFIN through its German subsidiary and operates as a full investment bank under the Norwegian Financial Authority. With offices in multiple cities, including Copenhagen, Oslo, Stockholm, Munich, and Kuala Lumpur, Huddlestock employs over 70 people and offers innovative technology and services to the financial industry, collaborating with notable clients such as SolarisBank and BNP Paribas.
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