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Sapio Network

What if the best reserve in crypto built itself? Every reserve, index, and fund has the same hidden component: a committee deciding what goes in it. Central banks, index boards, DAO governance — different costumes, same role. They meet on a schedule. Markets don't. By the time the committee acts, the opportunity is gone. In traditional finance, 85% of professional fund managers fail to beat a simple index over a decade — and still charge 1–2% every year. The passive alternative is decided by a committee that updates quarterly while markets move daily. In crypto the problem is worse: $24.5B sits in DAO treasuries that governance can't deploy, $313B in stablecoins earns below the risk-free rate, and the first generation of on-chain fund managers — Set, Rari, Enzyme, Babylon — failed or collapsed. The intelligence to allocate well already exists. Thousands of people do it every day. No system captures it and turns it into something you can hold. Sapio replaces the committee with an open competition. People who believe they know which assets should back the currency stake their own capital. If they're right, they earn rewards. If they're wrong, they lose their stake — not yours. The competition is continuous, the allocation non-discretionary. No governance vote decides what enters the reserve. Only proven improvement does. The output is Multi: one token, backed 1:1 by real assets, redeemable at any time, that continuously evolves because competitors keep improving what's behind it. You hold one token. The network does the work. Three integrated systems make this work. The competition engine runs the staked tournament. We call the consensus mechanism Proof of Improvement. Bitcoin's PoW asks "who secures the ledger?" Ethereum's PoS asks "who validates transactions?" PoI asks a different question entirely: what should back the currency? The reserve management layer holds the assets and guarantees redemption. The exchange layer falls out for free — every Multi in circulation is structural trading depth across all reserve assets. No external LPs. No impermanent loss. Why now: prediction markets proved competition discovers truth better than committees, but stop at signal. Flatcoins remain unsolved. The first wave of on-chain fund management is dead. Passive investing has surpassed active globally — the demand for set-it-and-forget-it exposure is proven; what's missing is the version that removes the committee. Reserve coordination has no public infrastructure. That's what we're building. Sapio AB is a Swedish startup. Seven years of mechanism design research went into the current architecture. Five mechanism designs failed before this one worked. 90% of the core mechanism is coded, with 382 test cases, built on top of audited Reserve Protocol DTF code. ChainSecurity has scoped the full audit. We are in the EU Blockchain Sandbox Cohort 3, with KTH Royal Institute as academic backing and a DFINITY Foundation grant. The team is seven — mechanism design, full-stack engineering, product, community, GTM, legal. We are pre-seed, raising ahead of Alpha launch Q2 2026. If you want to build protocol infrastructure that doesn't exist anywhere else — multilateral matching, on-chain reserve accounting, competition settlement, exchange-layer routing — talk to us.

Userlink

You invest significant resources every single day to bring visitors to your webshop. Unfortunately, the majority of them leave again without making a purchase because they cannot quickly find or get answers to exactly what they need. And that is a shame—especially when it can actually be solved relatively easily. At Userlink, we build your very own AI agent that is an expert in your specific products. This means your visitors can instantly get the answers they need, around the clock—even when your customer service is closed. But will my customers even want help from an AI agent? Yes. 73% of Danes do. In fact, most people prefer getting fast help from AI rather than waiting 3–5 minutes for a response from a human. Is using Userlink worth the investment? Of course, several parameters come into play here. However, our customers experience that, on average, 12% of those who chat with the bot also complete a purchase after they start using Userlink. To allow you to assess this yourself, you can try it completely free for 30 days. We set everything up for you, so the only thing you need to evaluate is whether it pays off or not. Are there other benefits to using Userlink? There are, of course, several advantages, but a significant one is that our customers experience, on average, 35% lower customer service costs because the AI agent handles many customer inquiries before they reach your support team.

Tendium

Every year hundreds of billions of taxpayers’ money is wasted as a result of poorly drawn up and mismanaged government contracts. All this under the pressure of strained budgets and increasing costs for public expenditure. Since 2018 Tendium has been working to fix this problem using AI to create a better and more transparent market for public procurement levelling the field for vendors as well as exposing rigged contracts and giving taxpayers greater value for money. It is a great thing to do, but also a very hard thing to accomplish. That’s why we are on the lookout for the best talent out there to join our skilled team of software and business developers.

Nume

We at Nume are on a mission to build the world’s first AI CFO for founders – while also building Europe’s next unicorn. We believe in a (very near) future in which AI empowers us all to be successful founders and bring our unique ideas to life, but today financial fear and frustration hold founders back from finding success – or even getting started. Nume is the proactive, reliable, supportive thought partner every founder needs to shoulder their financial anxiety and help make every financial decision with confidence. About Nume & Scaleup Finance Founded in 2021 by 6 serial entrepreneurs, we’ve managed to scale our unique CFO-as-a-Service (tech+service solution) to more than €5m ARR and raising Denmark’s biggest seed round in the process. Today we are 60 people spread across our offices in Copenhagen, London and remote. We’ve spent the last four years working closely with hundreds of startups and scaleups as their trusted financial partner, delivering CFO-as-a-Service through our SaaS financial management platform and real CFOs. We’ve built deep expertise in what founders struggle with: not just understanding their numbers, but acting on them with clarity and confidence. That journey led us to create Nume, the world’s first AI CFO. Nume is currently in private beta and we are gearing up for a major public launch in August that aims to set a new benchmark for AI product rollouts Built on years of real-world financial experience, Nume combines advanced AI with financial intelligence to bring the power of a CFO to every founder’s fingertips. From our roots as a CFO-as-a-Service business to our transition into an AI-first company, our mission has stayed the same: to help founders and small companies never worry about finance again. We’re backed by top-tier investors, featured on Sifted’s list of Europe’s fastest-growing startups, and scaling fast. If you want to shape the future of financial decision-making, this is the place.

MedBeat

At MedBeat, we are building a solution to accurately monitor your heart everywhere and anytime. We are aiming to create a healthier society through meaningful work, innovation-focused,and customer-first health technology solutions. Help us improve the health and well-being of billions of people every year by joining our team!

Wallhack

Wallhack is one of Europe’s fastest-growing gaming peripheral brands, renowned for our flagship product, the glass mousepad. We aim to deliver performance-focused gaming peripherals that are free from superficial enhancements and reflect the functional Scandinavian design philosophy. Our goal is to impact the PC peripheral landscape with our dedication to clear and uncluttered performance and design by creating gaming gear that is straightforward in its ability and composition. We started out under the name 'SkyPAD', reviving the glass mouse pad and establishing a growing new product category in the market. In March of 2024, we rebranded from SkyPAD to Wallhack, making way for new ambitions and opportunities.

Centra

Centra is an API-based SaaS e-commerce platform for consumer brands. Centra is creating the next wave of composable commerce with a headless platform that supports DTC and wholesale business models. Leading brands across the world trust Centra to seamlessly connect people to products. Centra believes commerce will look very different in the future and we are here to shape the future.

Upteko

Upteko is a thriving Danish robotics company located in Copenhagen, Odense, and Aarhus, with the ambitious vision to facilitate the future transition from manual to fully autonomous processes in the maritime sector. This will make offshore operations more reliable, secure and efficient for ship crews and shipowners. We have several upcoming projects in the pipeline, such as innovative inspection and drone systems, which leading shipowners have shown interest in.

Graduateland - a part of JobTeaser

Graduateland merged with JobTeaser in 2022 and we are now the largest and preferred career network across Europe when it comes to recruitment of university talent. With more than 750 university partners we are present across most of Europe and across our offices in Paris, Cologne, Brussels, and Copenhagen we are +350 highly ambitious colleagues. We are always looking for great folks - check out our opportunities here!

GeoGuessr

GeoGuessrs mission is to explore and learn about the world! We take the players on a global adventure, combining geography and trivia in a fun, engaging way. Since launching in 2013, we’ve become a worldwide sensation, with over 100 million players in 140+ countries. And we’re here to make every journey exciting! We’re a team of 80+ colleagues based in Stockholm, working towards our vision of showing everyone how fun it can be to explore the world with GeoGuessr. Now, we’re stepping into the next exciting phase of our journey expanding both on web, apps, and as a live e-sport!

Phanofi

In today's data-centric world, seamless and high-speed communication is essential. Phanofi is at the forefront of this revolution, dedicated to building faster, greener, and more scalable data centers for generations to come. As a hardware spin-off from the Technical University of Denmark, Phanofi leverages cutting-edge photonics technology to redefine the limits of data transmission. Our innovative solutions are designed to empower AI computing for the future generation. Join us on this exciting journey as we build a photonics powerhouse in Denmark and shape the future of data communication!

Phone.inc

Phone.inc gives your business a real phone number that lives in an app on the phone you already have. No telco, no SIM, no hardware. Built for small businesses that want to sound professional and never lose track of a customer, with AI that knows who's calling, what they've bought, and what you promised last time. Small businesses live and die by the phone, and it's where they often look least professional. A solo founder or a small team answers customer calls from a personal mobile: no greeting, no opening hours, no shared record of what was said. Calls land in the middle of dinner. A colleague picks up and has no idea who's on the line or what they ordered last week. A promise made on a call is forgotten by the next morning. The old fix was a proper phone system with SIM cards, hardware, and a telco contract. Too heavy and too expensive for a business of one to ten people, so most just hand out a personal number and hope for the best. This is the reality for a huge share of the world's small businesses, in every country and every industry. Phone.inc is a real business phone number that rings in an app on the phone you already own. Pick a local number in 90+ countries, record a welcome greeting, set your opening hours, and route calls, so every caller gets a professional experience from the first ring. Business calls come through the app, your personal number stays personal, and your whole team can see and answer the business's texts. The intelligence sits inside every call. Before you pick up, you see who's calling, your history with them, and their latest order, plus a short whisper in your ear telling you who it is and what it's probably about. What you promise on a call is turned into notes and follow-ups automatically, so nothing slips. And it connects to the tools you already use, like Shopify and your CRM, so the phone knows your whole business: every order and every past call, in one place. When you can't answer, an AI receptionist picks up, takes a message, and lets you call back on your terms. No telco. No hardware. Just an app on your phone. Fifteen years ago, our founder Niklas started a phone company for small businesses in Denmark. He grew it, sold it, and moved on, but never stopped thinking about it. Back then it was a real telco: SIM cards, hardware, the full weight of it. It worked, but it was heavy, and he always dreamed of a simpler version. The infrastructure to build that didn't exist yet. Now it does. Add AI on top, and the phone can finally do what he pictured all those years ago: know who's calling, remember what was said, and connect to the rest of the business. That's the product Niklas has carried in his head for fifteen years, the business phone small companies actually deserve, and it's the one we're building.

Seculyze: Precision Security Engineering

Seculyze is a cybersecurity SaaS helping security teams get real value out of Microsoft Sentinel. Every day, analysts in Security Operation Centres are flooded with thousands of alerts. Most of them irrelevant. At the same time, the costs of the alert generating system, SIEM, are exploding, and teams struggle to configure their tools correctly. The result? Burnout, missed threats, and wasted resources. We’re solving this by building a smart add-on to Microsoft Sentinel that reduces false positives by up to 94%, cuts data ingestion costs, and ensures best-practice security configurations. Our tool uses machine learning and threat intelligence to automatically triage alerts, recommend improvements, and highlight what really matters—without requiring teams to rewire their setup. We exist to make cybersecurity teams more effective, less stressed, and better prepared. And we’re just getting started. If you’re passionate about meaningful tech that defends digital infrastructure and helps real people do better work, Seculyze might be your next move.

Performativ

Performativ makes it easier for financial services companies to deliver high-quality reporting on financial and non-financial metrics. By leveraging proprietary data models and open banking-based technology, Performativ connects banks and custodians with investors and asset managers. Small firms that were previously unserved by the market’s current vendors can now deliver best-in-class reporting. Advisors and GPs get an easy and sleek way to stay compliant with the current reporting regulation, provide best-in-class investment reportings and effectively scale their business. Investors/LPs have access to an interactive dashboard where they can monitor their investments and asset allocation against intelligent benchmarks - across liquidity classes, custodians and more.

Realmforge

Realmforge is building a platform for playable, unscripted stories, directed by AI. On the creation side: An amateur writer comes in and describes a setup, for example, a murder mystery: defining the key characters, the setting, and the main plot. In about 15 minutes, we turn that into a playable game. A player then enters the story as the lead detective. They start at the crime scene, decide which clues to follow, who to trust, and how to proceed. There are no scripted paths. Our AI Director improvises the narrative in real time, while staying faithful to the creator's original vision. We're a small founding team in Copenhagen, backed by tier-1 investors in SF and Europe.