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Nordiq Products AS

The founder, Mats Hetling, experienced losing a patient due to a lack of control of a patient's vital signs in a mass casualty accident. This felt unnecessary, so we started Nordiq Products to solve the problem. Our solution to the problem is a lightweight and user-friendly device with several different sensors to make it robust and reliable in any operational environment.

Solstorm Rocket Propulsion

Solstorm Rocket Propulsion makes the next generation of rocket engines using hybrid propulsion technology and 3d-printed fuel cellsAs the market for commercial space industries matures we are seeing smaller and smaller satellites being built and with it, increasing demand for small satellite launchers providing dedicated launchesAs existing engines are mainly developed by government agencies, military providers with non-export policies, and competing launch vehicle providers, most market entrants are forced to develop all their own engine designs from scratch. This is a major bottleneck in the development of smaller launch vehicles, forcing every actor to go through the same R&D process before they can perform their actual business services. By providing a commercially available off-the-shelf rocket engine design for the launch vehicle's upper stage, we want to save these launch companies the initial years of testing and research needed, letting our customers skip the r&d-heavy initial process of engine development and go straight to value-generating satellite launches. Reducing the time from inception to launch by several years, we relieve rocket launcher companies of the insecurity and stress related to the development of rocket engines and let them go straight to launch, bringing more cargo to orbit.

ELA Analytics AS

ELA’s mission is to provide our clients with the needed support, resources, expertise, and guidance which enables them to make the most of their own data. This contributes directly to their growth and that marks our success. We are providing the tools and latest technology that keeps our clients informed and connected.

Ondego

Ondego lets you charge your phone on the go through its network of portable batteries so you never have to worry about your battery level again. Users can find our chargers in cafés, restaurants, and other public locations where they can unlock a charger, charge wherever they want and later return to any Ondego station nearby. See this short video (1min) to see how it works:ondego.no

Tigeni AS

We are simplifying personal health control, by making clinically proven testing readily available to the public. Tigeni is a healthcare and technology company that makes blood screening convenient, safe and monitorable in a simple, personal and secure health dashboard. Tigeni offers at-home-finger-prick-test, monitoring and test results with professional lifestyle guidance, accessible on PC and mobile. Through innovation, information and motivation, we are empowering our customers to take control of their health and live better lives.

ITERATE AS

Iterate is an ecosystem for digital innovation, and we like to describe ourselves as a company that builds companies. We contribute from A-Z when building, starting with creating concepts based on key insights to launching and improving products whilst living in the marketplace. We find the right team and work toward the company culture that enables us to deliver value to our customers quickly. The key to achieving this is reinvesting all our profits in the ideas of our employees, or selected entrepreneurs. Five years into this strategy, we own shares in fifteen ventures; all of which are showing promising results. Our 70 designers, developers, and product managers just moved into new locations in the center of Oslo. 
Close collaboration with our customers is key to our success. They provide domain know-how, and we provide tools, strategies, and experts. Together we uncover the best way that connects your strategy and idea with the market needs. Our goal is to achieve minimum risk and give our customers the best possible starting point for scaling, on their own, or in continued collaboration.

Norgeskart AS

The Norgeskart app for iPhone and iPad is the most detailed map of Norway. Norgeskart is suitable for hikers, tourists, and city walkers. • Comprehensive, accurate maps of Norway are delivered by Kartverket • Download the map for offline use • GPS navigation with auto-rotating map and compass • Search for places and addresses • Detailed trails for hiking, biking, and walking • Accurate sea maps along the Norwegian coast • Ad-free experience

Oxy Solutions AS

A bio-and medtech Company developing and selling proprietary solutions for using oxygen in various applications. Currently focussing on beverages (water, sports- and isotonic drinks), wound healing, cosmetics and fish farming. Licensing platform technology for applying oxygent to other products. Oxy Solutions is a privately held Norwegian based biotech company that has developed and patented an innovative technology for highly oxygenating liquid. Oxy Solutions'​ core business and strategy is to develop, document, IP protect, and commercialize the technology primarily within wound healing. The company has an in-house R&D facility in Norway. The company has funding from the Norwegian Research Council. Oxy Solutions is in possession of patented technology that makes it possible to greatly increase the dissolved level of oxygen in water. Tests have indicated stable levels in excess of 70 mg/l, or approximately 10 times higher than previously thought possible.

REGN Datacenters AS

Our vision is to design and operate a “Green High-Security Hyperscale Datacenter” with the lowest PUE (Power Usage Efficiency) in the world.Think BigStart SmallMove Fast. Development of Green High-Security Datacenters, embarking upon groundbreaking environmental and state-of-the-art power usage efficiency technology.

Ferrx as

Game-changing technology for structural integrity monitoring. The Ferrx FEMM (Ferrx ElectroMagnetic Method) has been developed and tested for 2 decades, first by SINTEF and since 2005 by Ferrx. The method has provided unique features for the condition monitoring of steel structures. Material deterioration can be directly measured and early warning of risk for fatigue can be established long before any crack is detectable. Furthermore, the same sensors can also measure changes in metal loss, and thus provide for non-intrusive monitoring of internal corrosion and erosion in pipes. During the last years, instrumentation technology has been industrialized and the first commercial systems have been delivered and installed. Different types of instrumentation systems are available both for onshore and offshore/subsea applications. The industrialization, marinization, and production of the instrumentation systems are being done in cooperation with the most specialized suppliers. Ferrx is an independent company located in Trondheim, Norway with the business idea to provide the FEMM technology for different onshore and offshore markets to monitor the actual condition of steel structures and thus prevent loss of assets and pollution of the environment. The FEMM is protected by 2 patents and all rights are vested in Ferrx. The system for riser inspection has been qualified by DNV-GL in accordance with DNV-RP-A203 Technology Qualification.

Venture Factory

VENTURE FACTORYVenture Factory was founded in the fall of 2012 in Oslo, Norway with a straightforward goal: turning ideas into business. Our core competence is e-commerce, technology, and performance marketing. We use our skills to start new companies together with strategic partners, other entrepreneurs, or within our own organization. Since then we’ve involved ourselves in a range of ideas. Some have blossomed and turned into prosperous businesses, while others have been challenging and ultimately put to rest. We believe our understanding of technology and online marketing combined with a unique domain insight is the recipe for success and therefore we partner up with entrepreneurs or larger corporations to pursue new business opportunities. Our portfolio consists of a mix of businesses. Some are consultancies where external clients benefit from our competence and others are tech or e-commerce ventures that we have started alone or together with partners. Do you have a great idea you want to discuss with us? Please email us at contact@venturefactory.noVenture Factory offices are located centrally in Oslo and our development team is located in Odesa, Ukraine. We are always on the lookout for great talent both in Odessa and Oslo, so email us at contact@venturefactory.no if you think you are a good match.

Netthandelsgruppen AS

We believe the transition from offline to online is ongoing, and gaining momentum every day. Our platform is tuned for rapid growth, expansion, and easy add-ons for new concepts. One of four founders contributing to scaling from zero to ~100 MNOK revenue in three years. Current position CEO, managing daily activities and future expansion. We are focusing on growth and believe this is just the beginning. Come join the fun!

Goscore

Goscore - a fair human credit scoring company. We help banks to increase creditworthy customers by as much as 19% while reducing default rates by as much as 49%. Banks can not only see «can» consumers repay a loan, but «will» they do that. Unlike other credit reference agencies, who rely on outdated tax reports, we leverage up-to-date transactional data to build a real-time comprehensive financial profile. Like many Europeans, we have experienced that traditional credit scoring is unfair and does not consider you creditworthy, even if: - you are a successful entrepreneur, - a blogger with a million subscribers, - decide to get your first credit card, or - you moved from one country to another. So, goscore brings a new golden standard of fair human credit scoring for the EU.

Spect8

Spect8 is a norwegian tech startup with a mission to help sports organizations, pro-athletes and sponsors that don’t have enough time, capacity, or the necessary skills to reach their potential in growing fan engagement and commercial value. Due to the power of association among consumers, brands allocate an increasing amount of their advertising budgets towards sports teams and athletes. To measure the value of a sponsorship, sponsors rely on manual measurements and expensive consulting services. At the same time, athletes, clubs, and federations are left with few resources to decide what their commercial value is, and often forfeit revenue (and funding for their sport) by underselling their commercial value. To solve this problem, we have developed a tool called Foqus. Foqus is an easy-to-use machine learning tool created for sports teams and individual athletes to determine their commercial value for sponsorships, and for brands to manage and measure multiple agreements. We are currently working with Norsk Toppfotball, sports associations, clubs and and several brands, and are off to a good start to reach our goal of creating a new industry standard for how sponsorship value is created, measured, and driven. The existing team consists of three business developers with expertise in strategy, marketing, sponsorship, data and analysis. In addition, we have associated development teams with both front-end, back-end and database expertise. We have recently become a part of StartupLab's Accelerator program, are supported by Innovation Norway and have ambitions to scale our business both nationally and internationally in the coming years. We therefore wish to expand our team with a skilled developer who also wants to make a professional career as an entrepreneur. The CTO will have the overall responsibility for the further development and scaling of our core product, Foqus, as well as the development of new tools and concepts going forward.

Cloud insurance AS

Cloud Insurance is a seamless and user-friendly SaaS solution made by insurance experts for insurance companies, MGAs, agents, and brokers since 2016. Founded by ambitious minds. While studying together, our founders observed various complications in the insurance industry. Being two ambitious and tech-savvy students, they decided to help and challenged the status quo. After many sleepless nights, they launched the first version of a SaaS product to serve our first client. Partner – not a vendor. Our international team consists of techies, ex-consultants, and heavy hitters from the finance and insurance industries. We know everything about your daily operations, and we're determined to make them more productive and cost-efficient. We aren't a vendor but a partner who works to help you act faster and innovate easier. And we have lots of templates in place so that the process will take weeks, not years or months. Customer-first company. We're finalists of many insurtech competitions, but this is not as important as the great feedback we get from our clients. Thanks to our platform, on average, we see up to a 50% decrease in time-to-market and a 40% increase in revenue. While many of our competitors are just announcing innovative features, our clients have been using them for a while.