Validé

Validé runs one of Norway’s leading incubators. We have 20 years of experience developing businesses from initial idea to commercial success, evaluating some 400 ideas/early stage companies annually. Whether we’re transforming research into new products & services, or aiding young startups with getting to market successfully, Validé is all about innovation. Validé powers and runs the ITSA accelerator: https://www.itsaccelerator.com/

Arild Kristensen

Health Director

4 past transactions

Factiverse

Seed Round in 2024
The annual cost of disinformation is 78 billion USD. New chatbots like ChatGPT lead to a sharp increase in the production of misleading or directly harmful content. Analysts, journalists, and content creators are at the forefront of this challenge. We aim to be a leading provider of solutions for detecting bias and verification of textual content. Our solution has won multiple awards multiple awards, including Digital Trust Challenge 2023 at KI Park, AI-Startup of the Year by Nora.AI, and Winners of Media Futures EU 2022.

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, that operates a crowd trading platform designed to facilitate investment in the stock market. Founded in 2014, the platform enables users to collaborate in groups known as "huddles," where they can make collective investment decisions and allow others to invest alongside them. The company is regulated as a financial services firm in Germany and is a fully regulated investment bank in Norway. With additional offices in London, Copenhagen, Oslo, Stockholm, Munich, and Kuala Lumpur, Huddlestock employs over 70 individuals and provides advanced technology solutions and products to the financial industry, serving major clients such as SolarisBank and BNP Paribas. The company originated as a spin-off from the University of Stavanger.
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