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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.

Frameo

At Frameo we are developing a software platform for WiFi photo frames that enables friends and family to share photos and videos with each other - right from their smartphones. Frameo is used by over 150 brands around the world and with more than 5 million app downloads and 400,000,000 photos shared - we’re the market leader in software for WiFi photo frames. Frameo lets users send photos and videos right from the smartphone app to a Frameo photo frame - anywhere in the world. Within seconds friends and family can enjoy happy moments on their frames. Frameo is a rethinking of the classic digital photo frame that combines easy photo sharing with social elements. Frameo was founded in 2015 in Aarhus, Denmark, with a mission to create a new kind of social platform for sharing photos that could be used by anyone. Our smartphones are filled with happy moments that we never really see but often just collect virtual-dust on cloud services. Frameo is a way to get all these moments out of your smartphone and into the home of yourself and your loved ones where they can be enjoyed. The succesful growth Frameo has exerienced has resulted in two Børsen Gazelle prizes the recent years, where our growth rate got us a 2nd place and a 4th place nationwide.

Sniffie Software Oy

Ditch the gut feeling — get a more scientific approach to a-commerce pricing and increase your profit margins. Sniffie offers is price optimization, pricing automation, and price monitoring tools for e-commerce and retail. We have over 500 users in 12 countries in the US & Europe and are growing rapidly.

Eupry

Here is our Journey from Start-up to Scale-Up... We are on a mission to substantially reduce the waste of valuable resources & time within the LifeScience industry. We provide the world's leading & next-generation compliance solution for monitoring and securing the correct storage of sensitive assets (Where we specialize in handling pharmaceuticals, eg. vaccines). We automate and digitalize processes, meaning freedom for employees and control for quality teams. Helping scientific teams to improve outcomes & the teams in quality to focus on actually improving quality. Eupry's IoT temperature monitoring solution was launched in 2016. Today, customers globally and such as Novo Nordisk, Novo Zymes, Astra Zeneca, Carlsberg, Arla, and many names and brands you know of, are using our product and services. We call our services Storage Compliance as a Service as we sell trust and stability with superior products and services for the elite in the industry. We are currently employing +30 people and growing 65% in revenue yearly. We are working on the forefront of Covid19 making the distribution of vaccines compliant. Traditionally this is time-consuming work, however, with Eupry's innovative solutions around 70% of time can be saved. We are in this industry to deploy changes with user-friendly solutions that will have a massive impact on humanity. Eupry will lead the way to change how medicine is distributed which will eventually cause medicine will be available to everyone around the globe. At Eupry you'll join a young and motivated team of talented and startup-experienced individuals with solid backgrounds, humor, and a certain calmness that characterizes the atmosphere at Eupry. Eupry is our trademark derived from the Latin word for a Hawaiian bobtail squid, Euprymna scolopes. It's a colorful little fellow but aside from the colorful exterior, the Hawaiian bobtail squid has a unique way of adapting to its environment because of a decentralized nervous system. We've taken inspiration from this way of transmitting signals around in our IoT sensor system which is truly one of our great advantages.

Draivi

Draivi is the Nordic leader in Fintech Performance Marketing, providing a business unusual approach with measurable results. We understand your goal of thriving in the market, turning ripples into waves, and reaching potential customers. Unlike traditional online lead generators, Draivi offers innovative solutions for excellent ROI. Our results-based marketing strategy has proven to be highly effective, outperforming counter-intuitive and conventional approaches. With a presence in seven geographical markets, we have 5 million registered users and a monthly user base of 1,500,000. By partnering with us, you'll join a journey of redefining performance marketing for financial services, driven by trust, innovation, and hunger for results. Experience the freedom to thrive and let's talk business unusual.

Zuuvi

Zuuvi is one of Denmark’s fastest-growing tech companies. We rethink the way modern marketers produce digital content. We believe that creativity in digital marketing is important today - and will become even more important in the future. Zuuvi is a Danish tech scale-up company based in Copenhagen. Our market-leading Creative Performance Platform enables brands and agencies to create, personalise, and distribute high-performing ads. Scale your campaigns across all digital channels - in minutes, not days. We're on an exciting journey. Working and being a true Zuuvineer is fun, challenging, ambitious, and most importantly, it will develop your skills, and you will get the chance to make a real impact.

Copyright Agent

We serve originality, always. This is our fundamental principle and it trickles down into every aspect of what we do. Photographers, copywriters, owners of copyrighted material in general, all rely on us to represent them in a world where upholding copyright is a complex and - to most people - impossible job. With an easy-to-use platform, a professional team and an educational approach, we are proving to our continuously growing customer base that safeguarding originality deserves a serious effort all around.

Coachway ApS

We spent 6+ years working side by side with 150+ online fitness coaches. Managed their businesses, saw their frustrations up close, and watched them waste half their day on admin that had nothing to do with actual coaching. So we built the platform we always wished existed. Coachway is an all-in-one platform for online fitness coaches - workouts, meal plans, messaging, check-ins, payments, automations, and a branded client app. One login. No chaos. But building the product is only half of it. We also build everything that puts it in front of coaches - ad campaigns across six markets, creative production, content in five languages, conversion funnels, growth strategy. The whole pipeline from first impression to signed coach. We're based in Copenhagen. We're a small team with the ambition to become the go-to platform for online coaches across Europe. And we're still early enough that the people who join now will shape what this thing becomes. If you want to be somewhere where your work actually moves the needle - not in a quarterly report, but tomorrow morning - this is that place.

Buildots

Buildots is the world’s most advanced construction intelligence platform. By comparing schedules and BIM against site reality, its advanced AI transforms granular data into insights that unlock operational excellence. Fortune 500 contractors and owners trust Buildots, including HOCHTIEF, Bouygues, Intel, NCC and VINCI Construction. Its impact is proven at every scale, from multi-family projects to multi-gigawatt data centers. With over $160M raised and major expansion planned for 2026, this is a unique opportunity to join a fast-scaling company reshaping one of the world’s largest industries.

Pango

Meet the next Swedish unicorn straight from the streets of Stockholm sitting at SSE Business Lab Pango is building the world's first Agentic Operating System for e-commerce logistics. Our vision is to create the AI e-commerce employee of the future. While deliveries and returns are a hidden and often tedious aspect of e-commerce, we are bringing innovation to a legacy $90 billion industry. When we started, we already had 39 competitors in the Nordics. Yet, just two months after launching, we achieved product-market fit and are now powering million-dollar brands with our product. We’re building the future with those who want to say “I was there when it all started.”

modl.ai

Headquartered in Denmark, modl.ai is a team of game developers, engineers and AI experts working together to create AI-driven tools for building better games. Our tools allow developers to rapidly create and test games and understand their players. modl.ai’s unique technology is designed to accelerate the game development process, automating repetitive and time-intensive tasks. Helping developers to enhance and increase player engagement. modl.ai was recently listed by CB Insights as one of the world’s 100 most promising AI companies in 2021.

Crispa

Our vision is: To unleash the full potential of every digital business through financial clarity And to achieve that, we are on a mission to: Transform accounting through technology and talent, so our clients can move faster and grow with confidence The existing finance stack for most companies consists of decades-old accounting systems, third-party tools, and lots of spreadsheets. It is very clunky, and insights are held hostage by the systems. We are changing all of that. Crispa is a full-stack AI accounting and advisory firm. We are building what Deloitte or PWC would build if they started from scratch today. Our AI agents automate tedious tasks and provide the reporting, analysis, and insights needed to make better business decisions. Our finance professionals keep everything running smoothly and step in when human judgment and experience are needed.

TalentIQ

TalentIQ is an AI-powered recruitment platform replacing traditional agencies across the Nordics and DACH. We help companies hire faster (11.5 days vs 22 industry average) and cheaper (60-80% savings vs agency fees) through automated AI screening, candidate scoring, and interview booking. Built by recruiters who got tired of slow, overpriced recruitment.

Lumoo Studio

Lumoo Studio helps fashion, sports, retail, and beauty brands create AI-driven product and model imagery that aligns with their unique identity. We generate high-quality product images, brand-specific AI models, and videos from static images, providing a seamless and scalable content solution. By integrating AI into visual content production, we support future business strategies, reduce costs, and improve both efficiency and customer experience.

Go Autonomous

B2B commerce, simplified. The fastest way for companies to digitize manual quotes and orders. Essentially, we are making it easier for companies to communicate with each other in real-time, whether in the form of an email, PDFs, images, or other sources. Our vision and NLP model Saga extract the requested services or products, inject them directly into the company ERP, thereby removing the need for CSRs and salespeople to manually handle vast amounts of, e.g., quotes and orders. - From an average of 48 hours handling time down to seconds - Up to 30% capacity released in the CSR teams - 100% digital commerce in a previous completely offline channel At Go Autonomous™, our purpose is to empower people and enterprises to sustainably run and grow their business in a more autonomous future. We are on a mission to accelerate companies' transition to autonomous commerce by making it possible to digitize and automate core sales processes, enabling operations-as-a-service and creating a platform for new ways of doing business. By this, the enterprise can deliver superior customer experiences and advance its digital journey with artificial intelligence, autonomy, and experience design as a driving force. Let's make tomorrow, today! #autonomousenterprise #amplifyhumancapabilities #tomorrowtoday