Unlocking Nordic innovation: The top 10 startups accelerated in the nordics
In the heart of Scandinavia, where innovation meets nature’s serene beauty, the thriving startup ecosystem is quietly revolutionizing industries and rewriting the rules of entrepreneurship. The Nordic countries—Denmark, Finland, Iceland, Norway, and Sweden—have long been a breeding ground for groundbreaking ideas and disruptive technologies. And what’s driving this innovation engine even further? The region’s world-class startup accelerator programs, which helped our selected top 10 startups accelerated in the Nordics to advance their ideas.
Keep track of tomorrow's unicorns
Subscribe to the Heatmap Startup List and get the freshest startups selected by Europe’s top accelerators directly in your inbox.
Keep track of tomorrow's unicorns
Subscribe to the Heatmap Startup List and get the freshest startups selected by Europe’s top accelerators directly in your inbox.
In this blog post, we’re about to embark on a journey through the exciting world of Nordic startups. We’ve scoured through the cream of the crop, meticulously analyzed their growth trajectories, and handpicked the top 10 startups that have not only flourished but thrived under the mentorship and support of the best startup programs the Nordics have to offer. From sustainability trailblazers to cutting-edge tech pioneers, these startups have transcended boundaries and left an indelible mark on their respective industries. So, buckle up as we delve into the fascinating stories of these top 10 startups accelerated in the Nordics, that are reshaping the future and leading the charge in innovation.
Subscribe to the Heatmap Startup List to get every quarter Europe´s freshest high-potential startups directly in your inbox.
Bikekey
Founded in 2021 by René Nørgård, Bikekey seeks to transform how insurance companies manage bike administration. Operating in the Internet Marketplace Platforms industry, they provide a platform along with Bike-ID’s to improve ESG reporting and reduce fraud in payouts. Accelerated by Accelerace in Copenhagen, Denmark, the startup is budding with promising potential to revolutionize the bike insurance industry.
EchoVice
Part of the Danish Tech Challenge Accelerator program in Copenhagen, EchoVice is focused on enhancing echocardiography images using stabilizing ultrasound probes. Founded in 2022, Ajithan Christian from Denmark managed to bring medical imaging to the next level with his startup.
Explore EchoVice here.
Skypuzzler
Launched by UK founder Ronni Winkler Østergaard, Skypuzzler aims to be a game-changer in the Aviation and Aerospace Component Manufacturing industry. With proven credibility by winning the ATM Award for ‘Shaping our future skies’, the startup seeks to improve the drone industry by developing digital air traffic control systems. The startup was accelerated by ESA BIC Denmark in Copenhagen and founded in 2022.
NordInvent
Powered by the GreenUP Accelerator in Copenhagen, NordInvent was established in 2020 in the Machinery Manufacturing industry. The founder, Danish entrepreneur Lars Ingolf Hansen, seeks to revolutionize food production companies’ waste management systems with innovative in-line separators.
Trashify Tech
Nikhita Bhagwat, an Indian founder, has launched Trashify Tech in the Embedded Software Products industry. Driven by Artificial Intelligence, Trashify provides cutting-edge solutions for waste management facilities. Accelerated by Wise Guys Sustainability in Copenhagen, the startup has made a name since its inception in 2021. Nikhita happens to be one of the female founders on this list.
AITech
Çağlar Aytekin, a Turkish founder, started AITECH, a company focused on efficient wind turbine production. Hosted in Tampere, Finland through Red Brick Accelerator, the startup has been making strides in the Wind Electric Power Generation industry since they were founded in 2022.
Cellbox Labs
Accelerated by Buildit Latvia in Riga, Cellbox Labs is a startup in the Biotechnology industry. Founded by Gatis Mozolevskis from Latvia in 2020, Cellbox Labs produces mini organ replicas for efficient drug development and biological processes study.
Nexro
Born out of Antler Norway accelerator, Nexro is an early-phase startup led by female founder Svitlana Pozniakova from Norway. They are redefining data infrastructure and analytics for the music industry with predictive AI analytics to deliver real-time trend predictions. Founded in 2021, Nexro is paving its way to lead the music industry to an analytical future.
Visit Nexro here.
Kavaken
Championing innovation in the Desktop Computing Software Products, Kavaken enhances the operational efficiency of wind farms using AI and automated intelligence. Led by Turkish founder Bora Tokyay and accelerated by norrsken in Stockholm, Kavaken has been operational since 2022.
BOLDR
Accelerated by Norrsken in Stockholm, Boldr is a promising startup in the Household Appliance Manufacturing sector. Founded by serial entrepreneur Madi A from the UK in 2022, Boldr aims to help users save on energy bills through effective heating and cooling technology coupled with smart features.
Check out BOLDR here.
Our research and methodology
The Startup Heatmap tracks Europe’s 300 best accelerator programs and their portfolio startups since 2015. Follow investment trends by top accelerators like Techstars or Seedcamp and discover the latest high-tech spin-offs from KTH, Oxford, or the Technical University of Munich. The portfolio of 300 accelerators tracked by us has collectively raised over 20bn € within five years. The Heatmap Startup List makes sure you will never miss a future unicorn anymore.
Get the latest Heatmap Startup List here!