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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.

Devent

We have now published the first version of the website Devent for Agility. The idea is to have a website where you can find agility-related information in the form of a meeting overview (list or calendar), results, annual overviews, and statistics for dog/organizer/judge (graphs are best viewed on a PC or landline phone). You manage which dogs you want to see statistics for easily on "my page". The system also has modules for setting up and running your own events and supports e.g. 5 size classes if desired. If you want to use the system for your event, you can read more and register here. We are still in an early phase and the system is under constant development. We are grateful for all constructive feedback, whether you experience errors or see things that should be solved in a different way. You will find a link for feedback here.

Cutters

I 2015 begynte Cutters sin reise med mål om å kunne tilby alle hårklipper av høy kvalitet til en fornuftig pris. I dag er Cutters Norges mest innovative og nytenkende frisørkonsept og har for dette blant annet mottat støtte fra Innovasjon Norge to ganger. Frisørsalongene våre er av de mest besøkte i hele landet og vi får mye oppmerksomhet fra media, kunder og konkurrenter. Hos Cutters gjør vi ikke ting slik det alltid er blitt gjort. Det farligste uttrykket vi vet om er «vi har alltid gjort det på denne måten». Vi ser etter mennesker som tør å tenke annerledes og som våger å bryte regler og normer. Les mer på: Nettside: www.cutters.no Facebook: www.facebook.com/cuttersglobal Instagram: @cuttersglobal LinkedIn: www.linkedin.com/company/cuttersglobal

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

Sereluna

Sereluna designs and sells its own menstrual underwear for the Norwegian market. We are the first menstrual underwear brand in Norway. Menstrual underwear has built in protection and is designed to be washed and reused for several years. Menstrual underwear completely replaces disposable protection like pads and tampons. The reason why Sereluna was created was to offer ladies in Norway a sustainable and more comfortable choice when they have their period. Our whole value chain is within Europe.

Korall Engineering

Korall Engineering AS is a design engineering firm part of StartupLab Bergen, a member of the GCE Ocean Technology Cluster, which employs the latest high-end design optimization technologies, our team develops automates product design workflows to reduce engineering and lead times and redesigns existing industrial products. Through the use of Artificial Intelligence, we help reduce material waste and production costs, increase efficiency, and lessen environmental impact. We help the reduction of carbon emissions, avoiding the transportation of parts demanded. Korall Engineering operates in various industries: oil & gas, maritime, automotive, and medical. Its team specializes in industrial design optimization for both additive and traditional manufacturing and uses machine learning design-to-manufacturing tools like Generative Design, mathematical finite element methods like Topology Optimization, and implicit modeling lattice-structure solutions for 3D-printing, both for metal and composite materials. Korall Engineering is betting on the future: smart design, additive manufacturing, and automated workflows are just a few of the many examples of how it is possible to disrupt the industry for the better, bring innovation, create value for our society at large, and tangibly take a step forward in preserving our environment. For more information visit https://korall.io/

CURRENT

CURRENT was founded with a vision to make owning and managing EV chargers easy and accessible. Since 2013, we have been working to solve the challenges related to charging infrastructure by bringing together the tools and expertise needed to manage and operate charging points in one place. Today, we have helped over 150,000 users with more than 20,000 charging points across seven different countries.

Greenphones

Greenphones provides an end to end solution for to extend the lifetime of mobile phones and tablets. Through the provision of a simple user friendly interface allowing private individuals to trade-in their used phones where the value can either be used for the purchase of an upgraded phone or paid out in cash. We saw a clear need in the market to help the consumer and at the same time reduce the number of new mobiles being introduced into the market. As such for each and every new mobile 'not sold' sold in the market, we reduce the CO2 footprint by approximately 55kg. We estimate that we can extend the lifetime of any mobile between 250% and 300% Inspiration for your startup description There are other firms selling used mobile/tablets, but very few that offer the level of service trade-in value. The founders who previously worked with used IT equipment saw that the used mobile market was also in need of a solution. Greenphones has a number of strategies to expand beyond the core business to enhance the circular economy and is constantly in search of ways to support climate initiatives.

Oceanness

Oceanness is a purpose-driven apparel brand, created to save the ocean. From eco-friendly apparel made from recycled plastic bottles, to removing plastic waste from the ocean and coastlines, everything we do is for the love of our ocean. Oceanness provide sustainable clothes made from recycled plastic bottles, and jewelry made from ocean plastic collected on the shores of Oslo and Grimstad. For every item sold, we collect 2 kg plastic waste, equivalent to 100 plastic bottles, from the ocean and coastlines in partnership with Plastic Bank. Our mission is simple - to save the ocean by having the world #DressWithPurpose In short, we want Oceanness to enable you to make the best sustainable choice you can without compromising on quality and style. Care to join the wave?

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.

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.

SillySanta

Scandinavias largest selection of Christmas sweaters! We design and sell Christmas sweaters, pyjamas, suits, socks and other Christmas items, and sell them in our webshops in 6 different countries. In addition to webshops we have pop up ships in Norway before Christmas. We are expanding every year with new product lines, and are always looking for fun clothing!

mcare

The Core Service group is more commonly known by its brand name, mcare, and it has been servicing the Nordic market with aftersales processes and authorized Apple repairs since 2010. The company employs over 60 certified Apple experts and has a capacity exceeding a quarter of a million repairs on a yearly basis for the 19 locations spread throughout the Nordics. The revenue for 2019 landed at €22,4M, showing a 20% annual growth. We primarily drive a B2B set-up, having customers within the insurance industry, carriers, and larger well-known enterprises, as well as municipalities and SMEs. Now, we also aim to gain broader recognition amongst consumers.

WAID

WAID helps humanitarian aid organizations deploy aid workers. WAID provides a two-sided marketplace between aid organizations and aid workers. The organizations struggle to deploy enough workers for big projects. The workers want to contribute more than they currently are. WAID marketplace will automatically match organizations with relevant and available personnel for their projects, facilitating volunteer exchange between organizations. This gives the volunteers the opportunity to contribute more frequently to varied projects. For the organizations, this means rapid matchmaking, increased capacity, and savings on recruitment and training costs.

RagnaRock Geo

RagnaRock Geo develops AI software which aids oil and gas companies in exploration. The software uses machine learning to interpret subsurface data and has an intuitive interface that acts as a "smart assistant" for exploration experts. RagnaRock Geo’s mission is to make the interpretation workflow more efficient and creative so that geoscientists can focus on the value-creating tasks. We are a young and agile startup that aims to excel at using machine learning on subsurface data.