X2 INC

X2 Inc is an international innovation and accelerator company. Their mission is to accelerate transformation, building on the industries of the future. X2 has considerable experience in the fields of smart cities, electric cars, energy technology, space development, autonomous systems (drones), digital health, welfare technology, and digitalisation of business models.
Type Accelerator / Incubator
Website x2inc.io

Investment info

Invests in
Idea
Product or prototype
Go to market
Growth and expansion
Investment range
€ < 25K
Primary markets
Consumer, Companies, Marketplace
Investing in countries
Norway

Focus areas

Consumer Goods
Consumer Goods
Energy & Greentech
Energy & Greentech
Media & Entertainment
Media & Entertainment
Fintech
Fintech
See all 9 focus areas

Investments

Blue Lice

Fishency Innovation

Alphafish

M

Multid

JI

Jete Innovatione

A

Accu-Sea

UG

Una Gruppen

Key people

KE
Senior Partner

Kjell Erik Drevdal

BH
Project Manager

Beate Hagland Rønning

CR
CEO & Co-Founder

Christian Rangen

Board Member & Co-Founder

Elisabeth Øvstebø

Invests in SDGs

sdg
sdg
sdg
sdg
sdg
sdg
sdg
sdg

More about X2 INC

X2 is a crucial component in the national transformation agenda - with a focus on Stavanger. The initiatives include sub projects such as X2 Innovation Center, X2 Labs, and X2 Capital. The broader agenda is named “transforming a nation”. They collaborate closely with research centers both domestic and foreign. They actively search for “unlikely partners” to facilitate significant change dynamics. 

 

How much do they invest?

X2’s main offering is their global network and a series of accelerator programs for growth and entrepreneurship in established companies. They work in close collaboration with funding agencies to finance projects under development in their bootcamps and accelerator programs. External financing goes directly to the participants’ “lean startup” projects.

 

How do they work?

X2 offers three different types of accelerator programs. ‘Sprint’ is a two-day program of hands-on experience. ‘Bootcamp’ is a five-day program, where participants develop their field of business, business models, and their growth strategy. ‘Accelerator’ spans over three months, where participant works two days per. week. All programs can be booked through X2’s website.

 

This makes a difference to them

The three pillars of growth, network and competencies define the foundation of X2’s work. They are a brave, inventive, and ambitious innovation center helping established companies actualize new opportunities.

 

Startups they funded

In total, X2 has 22 companies in their portfolio including prominent names such as the listed ones.

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