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 a developer of an AI-powered research platform that focuses on combating disinformation in the digital landscape. The company offers automated detection of fake news through advanced artificial intelligence and natural language processing technologies. Its innovative tool is designed to assist journalists, analysts, and content creators by efficiently identifying misinformation and providing concise summaries of important points, thereby saving valuable time and resources. With the annual cost of disinformation estimated at 78 billion USD, Factiverse aims to be a leading provider of solutions for bias detection and content verification. The company has garnered recognition for its impactful contributions, having received multiple awards, including the Digital Trust Challenge 2023 and AI-Startup of the Year by Nora.AI, highlighting its commitment to enhancing the integrity of online information.

Intoto

Pre Seed Round in 2020
Intoto is a water data startup founded in 2018, focused on enhancing the understanding and management of water resources through advanced technologies such as artificial intelligence, Internet of Things, and big data. The company emerged in response to a significant flood in their town in 2015, highlighting the need for better data and insights. Intoto offers a software platform named "Studio," which presents water data in an accessible format, and an "Apparatus" data logger designed for efficient and cost-effective data collection. Their services extend to AI and data analytics, catering to clients like hydro power plants and local governments. Intoto aims to become a leading provider of real-time water data, particularly in Norway, and collaborates with notable industry partners to enhance disaster prevention, optimize hydropower, and improve water quality. The company's team, comprising software developers, engineers, and data scientists, is dedicated to delivering customized solutions that address the unique challenges faced by their clients in water management.

Foodback

Pre Seed Round in 2017
Foodback is an emerging foodtech company specializing in customer feedback and engagement solutions for the restaurant industry. Its innovative software platform facilitates the collection of guest feedback through surveys, enabling restaurants to identify areas for improvement and enhance their service. By providing instant and detailed insights, Foodback empowers businesses to make data-driven decisions that lead to increased customer satisfaction and growth. The company has demonstrated significant success in Norway, achieving a tenfold increase in annual recurring revenue in 2019. With a solid growth strategy, Foodback aims to expand its presence in the Nordic and European markets while also exploring opportunities in the United States. Currently positioned between Seed and Series A funding stages, Foodback is seeking to raise approximately $2 million to support its expansion efforts.

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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