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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.

Unge Iværksættere

Unge Iværksættere er Danmarks største frivillige ungdomsorganisation for iværksætteri. I snart fem år har vi arbejdet for én ting: at gøre iværksætteri til en mulig karrierevej for unge, uanset baggrund eller ressourcer. Vi har samlet over 4.000 unge til vores events. Vi har haft nogle af landets mest betydningsfulde iværksættere og erhvervsledere på scenen. Og vi har set deltagere finde deres medstifter, bygge deres første netværk og starte virksomheder, der lever i bedste velgående i dag. Alt vi laver er gratis. Events, podcast, fællesskab — adgang skal aldrig være en barriere. Vi er et team på 15 unge i København og Århus, der driver foreningen frivilligt ved siden af studier, jobs og egne virksomheder. Vi gør det, fordi vi selv har oplevet, hvad det betyder at møde de rigtige mennesker på det rigtige tidspunkt — og fordi vi tror på, at den mulighed skal være der for langt flere. Hos os får man ansvar, når man tager det. Vi forventer ikke, at du kan det hele — vi forventer, at du har lyst til at lære det. Du går herfra dygtigere, end du kom- og vi glæder os til at arbejde med dig!

Hold

Hold is an innovative mobile app that helps students focus in school by rewarding those who spend time away from their smartphones. The idea is simple: Start Hold, collect points for not using your phone and trade them for rewards. We are a small team - all hands on deck. We kind of love it. Everyone has a role, but we help out wherever we can. After all, we have the same mission:  We want to make it fun and rewarding to put away your phone

Makea Games

Bring your imagination. Makea Games is building a UGC powered multiplayer universe for the PC & consoles. We're working on Supermoves, an exciting massive multiplayer action sports world where you get to parkour with your friends and pull off outrageous stunts. Check out more at https://makea.games. We're located in Tampere, Finland and work mostly fully remote!

Self® AI massage robot

We’re on a mission to offer wellness and massage to every body. Literally! Our non-human masseuse offers high-quality but affordable massages. It also never gets tired, and is available 24/7. We believe when we feel good in our body, we feel good in life. From this place we function much better as humans. Better at work. Better with the family. Better with our Self!

REDUCED

REDUCED stands at the forefront of B2B biotechnology, pioneering innovative approaches in fermentation and biotechnology to revolutionize the sustainable utilization of food waste and side streams. Our mission is to harness the power of science and technology to transform overlooked resources into high-quality savory food ingredients, thereby mitigating environmental impact and contributing to a more sustainable future for food production. Through our cutting-edge processes, we employ advanced fermentation techniques and biotechnological methodologies to unlock the latent potential within food waste and side streams. By doing so, we not only reduce waste but also create valuable, nutritious ingredients that can be utilized in various culinary applications. At REDUCED, we are driven by a commitment to sustainability and environmental stewardship. By repurposing food waste into savory ingredients, we strive to minimize the ecological footprint of food production and combat the challenges posed by food scarcity and environmental degradation. Our dedication to excellence extends beyond innovation to encompass rigorous quality control measures and adherence to industry standards. We prioritize the production of safe, reliable ingredients that meet the highest standards of quality and taste. Through partnerships with food manufacturers, retailers, and other stakeholders across the supply chain, we aim to foster a collaborative approach to sustainable food production. Together, we can unlock the full potential of biotechnology to create a more resilient and environmentally responsible food system for generations to come.

JOBSTAR

Jobstar is a recruitment platform that changes the way companies find candidates today, and not least makes it easier and much more intuitive for the candidates. The platform is based on a philosophy of anonymity and an easy gamification approach for candidates. We advocate more diversity and equality in the recruitment process resulting in less stress, more effective and respectful dialogue between candidates and companies. Candidates no longer have to search for job - the job finds you.

Teamway

Teamway is the first member-owned society where world-class product builders team up with progressive companies to build meaningful products and services. We are on a mission to create the most empowering working conditions for talent and companies to collaborate. With the help of blockchain technology, we are decentralizing the Teamway society to redistribute value to both talents and companies. It’s a new model for work. We’re a dynamic team of seasoned entrepreneurs, dreamers and crafters from different countries. Founded in 2021 in Copenhagen, we are on a mission to change work as we know it. Our society members work out of 59 different countries and 100+ companies like IKEA, GamerPay and Better Collective are already building their dream teams on Teamway.

LYS Technologies - Live Healthier with Light

Hi, we're LYS. We’re not here to build smarter lighting products, but to enable a smarter and healthier living with light. We look beyond the lifespan of a light bulb, the aesthetics of a lamp and the technology of smart lighting systems. Instead, we focus on what should always come first — people and supporting their healthy livelihood. Just as air, food, and water, light is a natural and vital source to health. To most people, the absorption of light is an unconscious choice in life. It’s everywhere, always. But not necessarily in a healthy way. We can choose to eat better, drink less, run more… but what about the things we don’t see, but subconsciously feel? The things that can truly energise our day and make us happier and healthier. We are here to improve people’s health by enabling personal light adjusted to their inner rhythms and daily routines. Light can only be truly healthy, if it’s powered by people and the lives they live every day. So, whenever you are ready to feel the difference, we are here to help you live a healthier life with light.

Adent Health

Adent Health is the category creator of AI dental home scans. We offer the world's first CE-marked home dental scan app based on a smartphone only. Our multidisciplinary team specialising in computer vision, product design and dental practice are developing the next generation of technology to make dental care more accessible for everyone.

Funzi

Funzi is an award-winning mobile learning service on a mission to give everyone access to quality learning.   Funzi is designed mobile-first and works on all connected devices, even lower-end feature phones. Funzi has had over 6 million all-time learners.   Funzi has won many prizes since 2014 including the GESS Award for Best Free ICT / App Product in 2017.

Planday

Planday makes a real impact on the lives of shift-workers and business owners by simplifying administrative processes and communication, freeing up time for what really matters. Central to this is a product-driven mindset and great customer service. As an organisation, we are proud to be ambitious and collaborative and emphasise employee experience. We're all on different journeys - professionally and personally - and we aim for Plandayers to experience their time here as full of support and self-growth.

Reduzer

Carbon Footprint Tool for the Construction Industry Making accurate emission understanding accessible to all, empowering even non-experts to confidently own carbon reduction decisions from early-stage to project completion. On a mission to accelerate sustainable construction the story Founded in 2021, Reduzer was started with a mission to accelerate sustainable construction and help the industry make better decisions - earlier in the project. We truly believe that good, sustainable choices can be made across all phases of a project, but the earlier the better. Based on research from Norwegian University of Science and Technology (NTNU) and Technical University of Denmark (DTU), Reduzer is now an emerging software for carbon calculations across the construction industry and is trusted by more than 70 customers across the Nordics. The software is used widely in many construction projects, spanning from developer and architects to consultants and contractors. In 2025, Reduzer secured a financing round led by Momentum Partners, Futurum Ventures and Construct Venture - with the aim to continue developing the platform and enable more sustainable construction. We are a team of 15 dedicated people with a passion for sustainability and for making it accessible to everyone through smart software solutions. Our headquarters are located in Oslo.

Good Tape

Good Tape is developing an AI-powered transcription tool to help journalists, researchers, and businesses eliminate the hassle of manual transcription with fast, secure, and highly accurate transcriptions. Manual transcription is slow, tedious, and error-prone. It affects professionals across industries who rely on interviews, meetings, and recordings for their work. Many existing solutions compromise on accuracy, security, or usability. We’re building a tool that uses advanced ASR models, ensuring high accuracy even in challenging audio. Our platform is secure, intuitive, and designed to integrate seamlessly into users' workflows. We started Good Tape because we saw how much time and effort professionals waste on transcription. We knew AI could do better—without sacrificing security or control. Our goal is to make transcription effortless so people can focus on what matters: their work.

NoCFO

NoCFO is a fast-growing startup transforming how small businesses handle their finances. We combine powerful automation with an easy-to-use platform that replaces manual bookkeeping and removes financial stress from entrepreneurs. With support from Holvi and strong momentum across Finland, we’re on a mission to build the most automated financial platform in Europe. Join us and help shape the future of how businesses run their finances.