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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.

Aid in Action

Aid in Action is a voluntary organization that was started in 2008 by the then 19 year old Anne Louise Dæhlin (then Hübert), after visiting a poor village in Kenya. After initially helping to meet a dire need for food, Aid in Action has focused on sustainable development for the local community. We use social entrepreneurship to help poor people and children in need. We are – and want to be – a small and efficient organization that works closely with local, resourceful people in Africa. Our projects are mainly in Kenya. We are working within the areas of education, agriculture, stimulating local industry, water supply, roads, and assistance to orphans. The money we receive from our donors always goes directly to the projects, and none of it is spent on administrative costs on European side. This also means we pay no salaries to those who work with us here. We keep our donors updated with frequent posts on our web page and Facebook. One of our latest projects is building and running the primary school Edustep Kyua Academy, close to Kitui, Kenya: http://bit.ly/1S59DKH

Lawo-lab

Lawo Lab is a startup company based out of a small town in the south of Norway with an international aim. Started by 4 main founders in 2018, our goal is to innovate and improve solutions for our clients. With a wide base of experience from several types of industries we offer a new look at old problems. Core business is software development and hardware prototyping with the capability to initiate projects from start to finish in house.

Zeabuz

Zeabuz is a spin-off from the leading research community on autonomous vessels at NTNU in Trondheim. Our autonomy technology is field-proven for shortcuts across urban waterways, and we are now searching for long-term investors while preparing for market launch. Water used to be the main infrastructure for most cities in the world. While roads are filling up everywhere, much of the urban waters are have become highly underutilized. At Zeabuz we want to reverse this trend by introducing a technology platform that makes local waterborne transport an economically viable and sustainable option. Our mobility system, which comprises a combination of a network of small vessels, electric drive, and autonomous operation, is a truly scalable solution fit for many of the world’s urban areas. Enabling increased flow by utilizing available waterways will allow more people to travel by foot and bike and hence will reduce the need for road traffic and in the end reduce emissions of climate gasses. Another perspective is that dynamic utilization of waterways will reduce the need for new inflexible infrastructures such as roads and bridges, which saves both money, emissions from concrete production, and local footprint. The Zeabuz urban mobility system will be a compelling and attractive mobility solution for cities globally. Rough estimates have shown that there is a market for approx. 4000 Zeabuz-like ferries in the EU alone. Zeabuz aims to take a major share of this emerging market. The company is founded on the idea that passenger transport across urban waters is a highly suitable starting point for commercializing autonomous mobility. In this segment, risks are mitigated by low speeds and high physical margins which also allow us to focus on solving only a few problems at a time while still earning positive returns from the start. As the Zeabuz technology platform matures in this first segment, we will explore its scaling potential across several dimensions. This means we could branch out and adapt to new opportunities and market demand based on our solid foundation in autonomy, assurance, and mobility solutions. Our autonomy platform can be utilized to deliver Autonomy-as-a-Service which enables entries into new markets, new use cases, and an expansion to more complex operational domains. Zeabuz is now preparing for launching a commercial pilot in a Scandinavian city in 2022. Much of the financial structure required is already in place and will be triggered by the entry of a Lead Investor

Charge Incubator

Charge is a startup incubator for immigrants who are passionate about growing their idea into a successful business. We believe that immigrants have knowledge, skills, perspectives and motivations that can contribute to generating value and job creation, and we aim to be a platform that channels their untapped potential and unique ideas when they come to Norway. By creating success stories, we will bring forward important values that break down prejudice, build respect and share ideas of a better future.

Autopix

With our breakthrough apps we are changing how the e-commerce industry captures and publishes images. Autopix puts the photo studio in the pocket of users making the publishing process more efficient and user friendly. With our smartphone technology you no longer need to hire expensive photographers. Simply allow our photo guide to help you take professional photos at a fraction of the cost. We are an ambitious team, focused on building user friendly and efficient tools with expected revenue between 11-13 MNok in 2021. We currently work in close collaboration with some of the biggest names in Norway, which include - Varner Group, XXL, Holzweiler, Høyer, Tradesolution, and many other well-known companies. Our offices are at Startup Lab in Oslo’s Science Park, one of the leading tech hubs in Scandinavia.

Glede

Pretty miserable out there, isn’t it? We’re in the business of spreading smiles. Glede is a micro gifting platform that enables users to send gifts to friends, family, and co-workers. Through Glede you can send everything from a cup of coffee to a bouquet of flowers, or an experience. Glede makes the sending and receiving of gifts spontaneous, fun, and easy!

SpotOn AS

Our goal is to become the go-to-place for people in need of electrical services by providing the easiest and safest way to get the job done. With SpotOn you order online, get a fixed price instantly and the job done by handpicked pros at a time that suits you. We're an in-house startup backed by one of Norway’s fastest growing companies; Elektroimportøren, a wholesaler of electrical equipment who disrupted their industry by selling directly to end consumers both online and in over 20 retail stores across Norway. Working as a startup and building on our parent company’s strengths and infrastructure has enabled us to scale fast and make our service available to over 70% of Norwegian households. The Problem Our research show that people feel stress just thinking about hiring an electrician and that many struggle to even get started. The main reason being that they don’t know who to contact and what it will cost them to get the job done. But they are also worried because of stories they hear of poor results or misleading prices leading to surprises when the invoice arrives. As a consequence they’ll ask friends or family for recommendations to avoid making the wrong choice. Lack of trust and clarity around pricing creates uncertainty and often leads people to postpone contacting an electrician until absolutely necessary. They learn to live with suboptimal solutions because getting the job done requires too much effort. And when they finally decided to hire an electrician they often experience the person not arriving at the agreed time, and without the necessary equipment to get the job done. The frustration reaches its boiling point when they then have to pay for the extra time needed to drive and pick up the equipment. Our Solution We have digitized the whole process of hiring an electrician, creating a seamless journey from need to end result and a superior booking experience that puts the customer in the driving seat. 01 Instant Fixed Price We’ve built a job-configurator with an inbuilt price calculator making it possible for customers to get a fixed price instantly by answering a few simple questions. This way our customers get’s a price in advance and no surprises when it’s time to pay. 02 Free Video Inspection In addition to our simple job-configurator our customers can book a free video inspection the next day. We’ve hired a team of electricians and built a digital inspection tool making it possible to create and send offers with a fixed price within 24 hours. 03 Handpicked Pros We’ve handpicked pros from Elektroimportøren’s already established network of contractors across the country. This way our customers don’t need to spend time finding a trustworthy electrician and can feel safe knowing the job will be done by qualified professionals. 04 When it Suits You We’ve built a scheduling system from scratch that allows our customers to choose when they want the job done. They simply pick a time and date in our digital calendar and the job is automatically delegated to one of our electricians in the area. 05 Efficient installation We’ve utilised the retail stores across the country to streamline logistics and make installations efficient. We pack and send the electrical equipment in advance so the electricians have all they need, removing unnecessary time spent driving and picking up equipment. 06 Industry-leading Guaranty All our customer are given the opportunity to evaluate their experience after the job is done. If the result is not as promised we fix it free of cost. Our customers can feel safe knowing we take full responsibility with our industry-leading SpotOnGuaranty. 07 Simple Payment When the job is done and the customers are happy they get to choose how they want to pay. Using Klarna we provide our customer with flexibility and the opportunity to either pay now with card, or later with invoice or instalments.

Storespeed AS

SUSTAINABLE DATA CENTER | THE URBAN DATA CENTER We deliver data center close to where people work and live. Enterprise and Edge that is 5G ready On the path for fiber and power connectivity Storespeed AS is a Norwegian based start up working to deliver data center capacities. We deliver in the Nordics and North Europe including UK. We deliver our platform and services using clean renewable energy. We operate a sustainable business and follow scope 1,2 and 3 guidelines for lowest possible emissions. Here is our new video: https://vimeo.com/501691111 (copy into your browser)

Tryio

Tryio is a SaaS platform, helping food manufacturing companies to apply innovative, user-centric approach to traditional food production. Our products aim to inspire participation in food innovation by bridging the gap between producers and consumers and allowing food developers for easy access to test-consumer sample.

Variment

Variment hjelper helse-og-utdanningstjenester å rekruttere fremtidige medarbeidere og redusere praksissjokk gjennom realistiske jobbsimuleringer. Variment (Propl AS) ble opprettet i 2021 for å gjøre rekrutterings-og-opplæringsprosessen mer engasjerende og inkluderende gjennom teknologi og innovasjon. Teamet består av CEO Mai Phan, CTO Khanh Pham og UX Researcher Sriramya Juttiga. Vi har også mentorer og rådgiver med erfaring i organisasjonspsykologi, HR, strategi og kunstig intelligens fra OsloMet Universitetet, Novo Nordisk, Arctic Grouse, Ophiolite og DNB.

Einka Økonomi

Einka Økonomi' solution aims to prevent financial stress by providing knowledge, coaching and necessary tools to address the effect financial difficulties can have on life areas such as mental health, legal disputes and family economy planning. EINKA wants to be a completely neutral information channel, that employers can rely on to bring their employees closer to financial wellness. We are developing a knowledge hub that will help users in differing financial situations, building a tailor-made journey comprising of interactive financial tools, tutorials, strategy guides and virtual coaching with the purpose of achieving greater financial wellness for the user and increased productivity as a result - for the business. Our preliminary research has shown us that in the first quarter of 2019, the total amount of claims amounted to NOK 1 billion in Norwegian debt collection cases. In August of 2019, NAV stated that eight per cent of Norwegian employees had forced salary deductions. Personal economy subjects are not obligatory within the Norwegian schooling system, rather most people are educated on these topics via banks and other financial institutions, or often through following in their family's footsteps. This results in a knowledge gap and a hurdle for social mobility. As social entrepreneurs we have seen that nothing is being done to alleviate these problems in an effective way, so we have decided to take a stance, and commit to being the solution. Our solution will positively impact your business through helping to alleviate the stresses that come with poor financial wellbeing. A number of studies have shown direct links between financial stress and poor physical and mental health. It affects the individual, their family and loved ones and their businesses. We are dedicated to making a difference. Join us in doing something interesting, innovative and noteworthy.

Again X

The world is getting urbanized and we need more and more resources to build and develop our cities. With this growth comes an increased pressure on natural resources. At the same time we have already have an impressive ''bank of materials'' available in the cities, namely in our buildings. By mapping and understanding the amount, quality and accessibility of these materials we can better plan for the future. We can decrease the pressure on new materials and create a circular building industry. AGAIN X provides a top down approach to mapping existing buildings, their content and status, by using aggregated data and machine learning. Our SaaS platform will give better KPIs(Key Performance Indicators) to real estate investors and managers. The KPIs will help them make more sustainable long-term decisions; better for their wallet and better for the planet.

Tjommi

Our product is very simple: If you sign up, we’ll make sure you get money back if the price drops after your purchase. Through this, we’re aiming to create the shopping companion you never knew you needed. Our vision is to create shopping with peace of mind - imagine a purchase where you never have to worry about overpaying, missing a sale, or getting caught out by the fine print. That’s the future we’re creating. Our office is located in Copenhagen FinTech Lab, one of Europe's leading FinTech Hubs, and we have secured over 1M Euro in funding from Vækstfonden venture, Spring capital, Strawberry capital, and Tinius Trust.

HomeFair

HomeFair is an AI company dedicated to providing insight into the real estate market. We offer services that leverage AI to enable users to make informed decisions when selling a home. We use AI to predict home value and the price every real estate agent is able to sell a given home for in Norway. HomeFair increases market transparency for users, provisions the highest market price for home sellers and reduces risk associated with price uncertainty in the housing market.