Accelerace News Stories


From all around the world: Meet our 8 new soundtech startups


Eight highly competent and promising startups have been selected for our newest round of the soundtech accelerator program in Sound Hub Denmark and today is their first day of kickoff camp!

First and foremost we welcome them all to our startup family. We are excited to finally meet our startups and introduce them to our valuable theories and to tailor our program to their needs.

What is interesting about this batch is that none of the startups are from Denmark. Intrigued by our ambitious sound accelerator program, both KubeSound and Vigo Technologies have come all the way from the United States to join us at Sound Hub Denmark in Struer aka the City of Sound. Also, Australian Audiplay has set out from the other side of the world to join us.  But, whether from near or far, we are looking forward to helping all of our startups on their way and showing them why the Nordic ecosystem is thriving.

Today all our startups will get to meet each other, partners and mentors and be introduced to the program and lean canvas.

The 8 startups to look out for are:

Addicted to Music (Poland) is behind Bettermaker. Bettermaker is a series of high-end audio analogue equalizers and signal processors with digital recall and plugin support. The analogue processor as EQ or Compressor is connected via USB to the DAW, whereafter you can open a plugin in your host that will recall and automate the analogue processor.

Big Special Pty (Australia) has created an action-based audio app called Audioplay. Audioplay is an entirely new entertainment platform that offers an engaging screen-free alternative to kids’ play. Audioplay is designed for smartphones and offers multiplayer experiences. To play, kids put on their headphones, step into the story and become the characters, physically playing out the action.

Custom Art (Poland) has developed FIBAE™. FIBAE™stands for Flat Impedance Balanced Armature Earphone. FIBAE™delivers flat impedance and phase via a series of specially designed balanced armatures to negate the problem of output impedance dependency. Each earpiece (left or right) can be customized in terms of shell, nozzle, and faceplate. You can also put your own artwork and text onto your creation.

IDORU (Germany) offers a reliable, yet simple and compact multi-channel audio and midi backing track player that removes the need for live musicians to use a laptop. The self-contained backing track player lets you avoid cable spaghetti and takes the stress out of gigs, making the tour life worry-free.

KubeSound (United States) wants you to hear music the way it was intended. That is why the startup has created KUBE – a portable, wireless and high-quality speaker that delivers 360 degrees of incredible sound, even in large spaces. KUBE also includes built-in storage space, large enough for several bottles of wine or any gear you want to be protected from sun, rain, sand, or snow.

TYXIT (Switzerland) has developed its own radio technology that enables 12 audio streams from different sources up to 30 meters apart. Moreover, they have created an audio codec with high quality and ultra-low latency. With this, they offer a portable all-in-one personal mixer, wireless transceiver, recorder and effects processor perfect for musicians looking for affordable, easy-to-use, wireless equipment.

Vigo Technologies (United States) has developed Vue – the world’s first pair of smart glasses that are designed for everyday use. Vue functions as regular glasses, meaning you will able to order the lenses you depend on, whether they are prescription, non-corrective (plano), or sunglasses, but the technology is integrated in the frame and offers features like making calls, listening to audio, activity tracking, voice assistants, touch control, and “find my glasses” with a phone.

Loop (Belgium) has launched high fidelity earplugs designed to reduce volume without sacrificing sound clarity. By combining an acoustic channel and filter for natural sound, Loop lets wearers avoid hearing loss by protecting their ears while letting them enjoy clear music and speech. Loop earplugs have a unique shape that looks both elegant and awesome, and they come in five hot colors.





Two successful camps have come to an end!


After splitting our biggest batch ever into two and kicking off this round of startups by hosting two awesome camps, the eventful last couple of weeks have now come to an end. We believe the camps have been educational, challenging and eye-opening, but you don’t have to take our word for it. As always, we have asked our participating startups for feedback so you can learn what others have gained from joining our accelerator program.

The program extends over a couple of months, and each startup is assigned a skilled business accelerator which helps each of them tailor the program to their individual needs.

The two camps were merely the beginning of the program, but Accelerace still had great ambitions to ensure the startups would go home at the end of the camps, enriched by a couple of a-ha experiences, new and interesting acquaintances, and potential partners.

Get a change of view

Although the batch is our biggest one yet, we wanted to make sure that the content of the camps wasn’t generalizing or bland, and that every startup would feel enlightened and have a clear picture of their main issue, and the way to resolve it.

For Aguardio, which is providing a water-saving solution, the biggest issue was money raising;

“For us, it was a lot about raising money. We were already relatively good at it, but how to clarify what kind of company we are and how to approach the market was something Accelerace really helped us with, CEO of Aguardio, Thomas Munch-Laursen, says and continues:

“Perhaps the most important thing of all is that Accelerace has given us a different view of how we position our product and our solution to our customers. I think it has been interesting and beneficial.”

Realize what it is you don’t know

The participating startups are in different stages, which also means they need different things. Some of them are very aware of what their issues are, while others are not exactly sure. Andreas Chr. Tuxen and Victor Staalkjær, who are the two founders of June Systems, which is developing a blood sampling device to document fetal well-being during birth, learned more about the regulatory side of the industry as well as process and product development, but as Victor Staalkjær also mentions;

“Generally, we found out what areas we are not strong in. So, we didn’t know our issues before we arrived, but we do now.”

The two young founders were not the only ones who felt some value given by Accelerace. When asked what skills or tips he would take home with him at the end of the camp, founder of Jungle, Kristoffer Hartwig, was in no doubt:

“It’s definitely how to simplify and how to target my product,” he says.

Kristoffer Hartwig is referring to how Accelerace helped him look at his market completely different. His Jungle app provides playlists for urban experiences, and when Kristoffer first arrived at the camp, he was sure it was all about the number of influencers and followers. He had mainly focused on how many users the app could reach, but at the end of the camp, he realized that what was most important was what the app meant to the users who downloaded it.

“I would have never realized that on my own, let me tell you that,” Kristoffer adds.

Join a great program and meet committed people

This time around, there was a lot of focus on individual work with the startups, but the 4-day program also contained many workshops and presentations done by different members of the Accelerace team, all being seemingly popular;

“Another good thing was that people were very committed and very energetic about the things they had to say. It wasn’t just like someone had been forced to give a presentation. A lot of people came because they wanted to pass on some knowledge, and people were also very committed to the workshops,” founder of June Systems, Victor Staalkjær says.

Egill Masson, CEO of Akthelia Farmaceuticals, which has developed a new method to combat multi-resistance, was also very delighted with the camp;

“I think it’s been an incredible week, and I’ve gotten a lot out of it. I have participated in many similar programs before, not quite as long though, but I think this was very well executed,” he says.

Also Kamila Kunrath and Sarah Venturim Lasso, the two founders and CEO’s of BlueBenu, which is a company developing a waste conversion system that processes and converts unsorted, dirty and contaminated plastic into crude oil, both agreed on it being a great program when Sarah said, “well, it was like the best program that we’ve ever been to so far.”

Expand your network and talk to industry experts

Having the right contacts is crucial for your startup to succeed, which is also why we are happy to help our startups with the extensive knowledge the Accelerace team has, as well as introducing them to industry experts. Fortunately, our startups were happy to meet and interact with some interesting and smart people and make some great new contacts.

Join our next batch in January

If you are looking to scale your startup, now is your chance to join our program as we are currently scouting for startups for our next program which kicks off in January. Deadline is the 15th of November. You can read more about the program and apply here.


Meet our biggest batch yet


It is time to kick off a new round of the Accelerace accelerator program. After hundreds of screenings, we have finally chosen the participants for our biggest batch yet. This time, several changes have been made with the intention of making it the best camp ever.

50 new startups have been accepted to the program, and we are excited to start working with this wide range of innovative business ideas. In this batch, you will find business ideas such as an app-based mental health service, a container size waste management system and the first intelligent app based on scientifically proven memorization techniques. These 50 startups vary in several ways, but what they all have in common is their high growth potential and willingness to succeed.

A diverse group of founders

The group of founders is also extremely diverse, consisting of both young students, experienced entrepreneurs, former CEOs, and everything in between. They all have the dream of succeeding and scaling their startup, and Accelerace will give them the tools to do so.

New procedure and different locations

Because of the size of the batch, our procedure is going to be a bit different this time. The batch will be divided into two, and camps for each batch will be held on different days. Camp for batch 1 will be running from September 30th to October 3rd and camp for batch 2 will be running from October 7th to October 10th, but the content will be the same.

The two camps will be held at different locations as well. The first camp will be taking place at InQvation in Taastrup, while the second camp will be taking place at Symbion.

Action-packed program

Lastly, this year’s program will also vary from previous ones and will be the most action-packed one yet. There will be a strong focus on individual work with startups as we will provide them with individual feedback, individual contacts, and individual inspiration.


Accelerace alumnus Sensohive receives double digit million investment


A new partnership with Canadian Kryton secures Danish Sensohive a nice double digit million investment and access to the global market.

The Danish technology company, Sensohive, from Odense is making its mark on the global stage of concrete through their new partnership with the largest global player in the industry, Kryton International Inc. Two years ago, Sensohive launched Maturix, which, by using a small sensor in the concrete, can let contractors follow the strength and maturity of the concrete during curing and notify them at the exact time the curing is done. This allows them to avoid unnecessary waiting and reduce waste. Since the launch, the business has been going very well, and the solution is already being put to use by several of the largest contractors and element factories.

A perfect match

About the importance of the partnership with Kryton, the 27-year old CEO of Sensohive, Casper Harlev, says:

“Kryton is a key global player in the concrete industry, and, like Sensohive, they are working with the highest productivity in the construction industry so it couldn’t be a better match. With the partnership, we gain direct access to tens of thousands of potential customers and financial resources to gain entry into new markets.”

Kryton develops products that improve the concrete’s quality, including their smart self-healing concrete, which makes concrete resistant to water by crystallization.

“The investment follows Kryton’s goal of helping contractors around the world build faster and more efficiently through innovation. Furthermore, it is an important addition to our Smart Concrete® brand,” Kari Yuers, President and CEO of Kryton International Inc. says.

Happy to be an Accelerace alumnus

Sensohive was a part of the Accelerace program back in 2016, and had a great and educational experience:

“The Accelerace program made us sharp in our business strategy and pitch. This resulted in a strong focus on our business, which has since helped ensure our rapid development. We have also been in ongoing dialogue with our Accelerace partner after the program, who has helped us on several occasions. We are extremely pleased to have participated in the program, as well as being part of the alumni network” Casper says.

Business is booming

Maturix is Sensohive’s product in a series designed to streamline the concrete industry through data collected by sensors and used for automatic reporting, alerting and optimization. The business revenue was DKK 4 million in 2018 and more than doubled to DKK 10 million in 2019. It is safe to say that it is going brilliantly for Sensohive, and this also means that the company expect to double the revenue once again in 2020 to approximately DKK 20 million.

Read more about Sensohive on


Scale-Up Denmark Finale: ISH Spirits is the Startup of the Year


Six of the competition’s finalists were Accelerace alumni, and it ended up being ISH Spirits who won the title as the company with Denmark’s greatest growth potential.

Scale-Up Denmark’s big finale event was held yesterday, September 11, at Musikhuset in Esbjerg.  Approximately a hundred people from the Danish business community was gathered to find a winner to be voted the most scalable company in Scale-Up Denmark 2019. The 11 finalists were selected from 100 small and medium-sized companies that have all undergone Scale-Up Denmark’s elite training program for scalable companies. They all came to pitch their business ideas in hopes of winning the acclaimed title as well as the prize money of DKK 100,000.

The winning title went to ISH Spirits which completed its training program in the Scale-Up Denmark center for Food Tech, at Accelerace. ISH has created award-winning non-alcoholic spirits with the familiar flavors of gin and rum. ISH is an alternative for people who enjoy the taste of delicious drinks, but who for some reason cannot or will not have alcoholic drinks. This could be the pregnant woman who is out with her friends or the serious athlete who does not want to neglect his form. By offering a delicious and non-alcoholic alternative, ISH includes those who do not wish to drink alcohol or who simply wish to limit their intake during social gatherings where alcohol often is the focal point.

Praising words for the winner

Before handing over the winning check, Lisbeth Valther, CEO of Scale-Up Denmark had some praising words to say about the winner:

“This year’s scale-up business shows courage and great ambitions. (…) The team has shown a strong execution of its strategy, especially through strong partnerships. They have achieved global escalation in less than a year, and the company takes responsibility for community culture and the UN’s Global Goal #3; good health and well-being.”

Happy to be acknowledged

It was a happy and proud Morten Sørensen we met after the show. He founded ISH Spirits in 2018 and has since then had enough to look after:

We are such a young company, but we have had a really interesting growth rate, and we are hitting the timing right in terms of the global trend,” Morten Sørensen said.

But despite already being on a roll, Morten was very happy to have won the title of Scale-Up of the Year:

“Standing here today with a check for DKK 100,000 is one thing, but I would say the acknowledgment from the panel and that we also live up to the UN goal, is just fantastic and I could not be happier”, he said.

Big plans for the next 12 months 

Being asked what the plan for the next 12 months was, Morten revealed a comprehensive plan, making sure there is no risk of dull moments for quite some time:

We have a bunch going on. We are going to build a team, we are going to expand globally, we already have our markets – just in the next four months, we are probably going to be in five more countries, and we are going to be product developing.” 

Half of the finalists were Accelerace alumni

The remaining five Accelerace alumni each represented a vertical and all presented interesting and innovative ideas for the jury and audience. In CleanTech, the software company Vertikal AI was the participant, while Obital and The Apple Girl were the leading figures in Health/Welfare and Life Science/Biotech respectively. In Information & Communication Tech, Likvido was the finalist, while AVAtronics was the finalist for Smart Industry & Sound Tech. All well-deserving of their spot in the finale and worthy opponents of ISH spirits.


Accelerace and Waoo partnership to provide new digital experiences for customers


To help their customers to take full advantage of the internet, Waoo, Denmark’s leading provider of internet, TV and telephony is collaborating with Accelerace to find, select and train the best startups in the field of digital home experiences. The partnership will benefit Waoo, the startups and the customers of Waoo.

Accelerace has entered a new ambitious partnership dedicated to digital startups. In collaboration with Waoo, Accelerace will find and select the very best startups and bring these into contact with potential users and resources within Waoo.

“Waoo is focusing on delivering the fiberbroadband of the future to customers, together with innovative solutions, which makes it possible to exploit the many opportunities of the internet. We believe that innovation happens through strong partnerships and by taking advantage of each other’s strenghts,” says Waoo CEO Jørgen Stensgaard.

Startups get access to 400,000 customers

Waoo will collaborate closely with the selected startups and put the company’s infrastructure at the startups’ disposal in order to test new innovative solutions. As a benefit for the selected startups, Waoo can provide interaction with the 400,000 customers, along with access to know-how and many years of expertise.

Fast forwarding commercialization

Waoo and Accelerace are committed to make the collaboration a true value driver for both the digital startups and Waoo. All selected startups will get the chance to participate in actual proof of concept tests and will be on the way towards a true commercial collaboration.

“This is an extremely great opportunity for startups looking to scale their services through Waoo’s steadily growing customer base and with different modes of collaboration. Also, teaming up with Denmark’s leading internet provider, will serve as a strong gateway to the Nordics”, says Mary Apostolaki, Business Accelerator in Accelerace.

Accelerace is now scouting for the first batch of startups to partner up with Waoo.

Startups can apply here until the 25thof September.


Accelerace pioneers new open platform


To stay relevant in a fast-moving world, Accelerace is moving away from the classic accelerator model and towards a more flexible, individualized and community-based approach to innovation with a new engagement platform for startups and the ecosystem.

Think Google Suite for startup services. That is the new Accelerace Startup Engagement Platform. One platform with multiple entrances for startups to get access to make it cheaper and faster and decrease risks going from idea to series A.

“Every startup is different and it is the access to critical resources that drives progress. We want to help the startup ecosystem by providing easy, fast and cheap access to these critical resources through our platform,” says Peter Torstensen, CEO Accelerace.

The cookie-cutter approach will not make it in the future

The platform will consist of a number of different services that will support the startups through the different stages of their lifecycle. They can pick and choose what they need when and get guidance on the way. This way Accelerace is moving away from classic accelerator model to an open ecosystem model.

“Today, 99 percent of accelerator programs are cut from the same cloth. We don’t believe this is the way of going forward. We are moving from the traditionally closed program model to an open ecosystem where relations can easily be built cross-sectional on different levels depending on where you are on your journey,” says Peter Torstensen.

Live due diligence and co-creation

As the name suggests, the core-focus is startups. On the one side of the platform, the teams get multiple entrances to flexible and individualized processes, tailored to each startup based on their needs. On the other side, corporates, individuals, and investors can engage with the relevant startups to build innovation opportunities.

“Investors and corporates have the opportunity to follow many hundreds of startups instead of just one and they’re able to make live due diligence as they can follow the development of the businesses. The startups don’t have to be bound to one mentor but can get access to all the around 100 mentors in our network.

A curated mix of services

The resources will include mentoring, access to funding, corporate matchmaking, venture scouting, access to customers and new markets, syndication, tools for growth and much more provided by Accelerace and partners. Not everyone will be presented with the same services. These will be curated by Accelerace and catered to fit the exact needs of the company or individual entering the platform.

“The platform will enable us to serve more startups, corporates, investors, and stakeholders and to build long-term relationships with them. And by joining the platform they will be part of creating the economic growth of tomorrow, today,” says Peter Torstensen.


The biggest one yet!


Accelerace has been part pf the Danish startup ecosystem for ten years. And this year we take in our biggest batch ever. The focus is on innovation from Denmark to show what our home country is made of.


We are doubling the size of our startup intake this summer and aims to accelerate the biggest batch of growth companies in the ten-year history of Accelerace. This is not only a great opportunity for startups but for Denmark to show off the broad spectrum of innovation we are capable of.

“In Denmark, we are good at incorporating new technology and thinking innovation with the user in the center of our products and services. Our job is to help the companies go from good to great and show the world what this little country is capable of,” says Peter Torstensen, CEO of Accelerace.



The first accelerator in Denmark

Accelerace was the first accelerator in Denmark, pioneering the accelerator space in Europe. Since the beginning in 2009, we have screened thousands of companies and accelerated more than 600 startups from Denmark and large parts of the world.

We have made sure to stay on top of our game to be able to create the most value for our partners and alumni and evolved our model into the most tailormade accelerator in Northern Europe. This has resulted in numerous prices like winning the Nordic Startup Awards best accelerator three years in a row and being hailed as a top 10 accelerator program in Europe.

“Being a crucial part of the ecosystem for ten years has given us immense knowledge about what startups need to get funding and grow. Now we are taking in our biggest batch ever, collecting all our competencies. And we will be presenting a new program outline,” says Peter Torstensen.

Now, for this big anniversary batch we are looking for Danish startups within any space. We don’t want to limit innovation but we do want our alumni to be ambitious, ready to receive feedback, ready to work with our hands-on team, and to be part of the every-growing Accelerace family.

Deadline is July 1st. Apply here!


What you get:

  • Tailormade labs and mentoring with Danish and international experts
  • Unique access to funding
  • Access to market and our network of leading corporates
  • Access to our Founders Pack full of resources worth 50.000 DKK
  • Extensive one-on-one training
  • And be among the first to be part of our new program outline
  • All equity free!


Some of our Accelerace alumni include:

  • Donkey Republic
  • Likvido
  • Deligate
  • Trustpilot
  • Theeyetribe
  • Graduateland
  • Coinify
  • SBT Instruments



The new graduates from the Soundtech Accelerator answer why tailor-made accelerators matter


The first round of the Soundtech Accelerator program has after six months come to an end. As always, Accelerace and our partners make sure to evaluate. And that feedback we happily share with you to give all startups the newest information about what it means to be in a tailor-made accelerator.

Have you ever thought about participating in an accelerator programme? There are many to choose from. One of the newest in Denmark is the Soundtech Accelerator created by Sound Hub Denmark and Accelerace. The first batch of startups has now graduated from the program. Here are some of the feedback they have given – and the learnings they have done.

First of all, one of the biggest strengths of this accelerator programme is the level of industry-specific knowledge that the team behind the accelerator possesses. The seven startups from the first batch had three camps, a kickoff, a midway, and a final camp. All focusing on developing, accelerating, and upscaling the startup. All the startups also get access to high-end testing facilities at the Sound Hub in Struer. Among these are a robustness lab, listening rooms, and the Cube. 

A diverse team has your back

The accelerator has done a lot of impact on the seven now alumni startups. With extensive knowledge from the Accelerace team about startup dynamics, marketing, and business development combined with the experts from the sound industry working with the teams, the feedback given shows that the accelerator has made a difference – to many different kinds of startups at various stages.  

“The whole point to being here was that I didn’t know how to go from idea to prototype to something that you can sell and make a business from. I didn’t know much about marketing, the dynamics of the market, the testing of the product, or how to bring that idea into production,” says Boris Polsek, founder of Cocobo, a coconut speaker concept that he has created himself and is about to roll out in a larger Kickstarter campaign.

Boris Polsek further summarizes, “Accelerace made me test the market before I invested time and money to build the final product. Everything from planning tests, setting them up and analyzing, for instance, how many people click on this and that on my landing page. A test they helped me design.”

Even the best engineers need a businessman

As an early stage startup, Cocobo had help from the beginning with both technical and business related matters whereas a more late-stage company like Distopik had some completely different challenges before applying for the program.

“The company is not young anymore and we have a product that the market needs. We were not sure how to market it, how to sell it, and who to sell it to. All that was quite challenging for us. We are first of all engineers, not businessmen. So, all the skills required to get a product in front of someone and then for them to use it were new to us,” says Distopik CEO, Bojan Šernek.

A program that exceeded expectations

The concept of what an accelerator is and offers has become more confusing over the years. More accelerators have popped up all over the world within many types of business and the way they work is very different. Therefore, what to expect can be hard to know.

“I’ve had some experience with other accelerators. My initial reaction to the program was being a little bit skeptical or careful. But when I experienced the level of expertise that the team had, my concerns disappeared straight away,” says Frederick Rickmann, CEO of the Danish high-end speaker brand STEENSSEN.

Get a more solid business with help from the mentors

Muuselabs, a startup that develops smart toys, also graduated from the Soundtech Accelerator program. They are currently marketing Jooki, a jukebox for kids. Theodore Marescaux, CEO and Founder, points out how much value the accelerator program brought them – even as a later stage startup with a product on the market.

“The roadmapping exercise reminded us of an idea that we had had a long time ago, and enabled a completely new sales channel,” he says and continues:

”The Accelerace team helped us shape our strategy and our next steps that will help us build a much more solid business.”

Define your challenges – and listen to the feedback

He has one simple advice to other startups wanting to participate in the programme:

”Come up with your own formulation of problems. What the Accelerace team has been exceptionally good at is to help in a very practical way around our problems. But of course, it is up to the startup to come and define the challenges properly. The best way to create common understanding is to participate in the workshops, and spar about what is going to come. And then mold yourself around the feedback.”

Do you want to be in the next batch? Read about the Soundtech Accelerator program here.

Congratulations to our first batch:



Join us at the Danish IP Fair on May 8


Copenhagen will be hosting the only national IP event bringing together investors and early science to get the next big thing on the market. Accelerace will be at the event May 8. 

The Danish IP Fair is an excellent place for investors and companies to scout the next big thing and network with up-and-coming technologies.

Danish IP Fair will showcase 80 inventions as spin-out investment or licensing opportunities in an open fair environment and feature keynote speeches, fireside interviews and panel discussions with key decision makers in industry and academia. The presented cases will range from frontier technology to IP based start-ups.

“Danish IP Fair is the only national event, where the entire industry in one day can meet highly-educated researches from all the Danish universities and more than 80 new technologies ready to go to market. It will be an inspiring day, and hopefully, a good number of investors will find the next big thing for their companies,” says Claus Voigt Andersen, Business Development Manager, DTU.

Win a free hour of coaching

As per tradition, Accelerace will have a stand at the IP Fair where we invite all startups to come by and have a talk about how we can help them spin out their research and build a company. Also, we have a business card drop where one can win a free hour of coaching with one of the Accelerace mentors. So don’t forget your contact details!

Furthermore, Danish IP Fair will facilitate up to 450 pre-scheduled partnering meetings where investors and industry professionals can discuss business opportunities and connect with entrepreneurs and researchers.

The Danish IP will cover the areas of medtech and biotech, analytics and pharma, advanced technologies and materials, as well as robotics and drones.

Join us in an event that strives to bring new technologies to market and share knowledge in technology and funding – you might even discover the next big thing for your company.

Register until May 6 via this link

Danish IP Fair: When and where

Wednesday, May 8th, 2019

H. C. Andersens Boulevard
1787 København V, Denmark

Coffee and registration from 9.30

Official opening 10.30 with talks by Tommy Ahlers, Minister for Higher Education and Science, Anders Bjarklev, Chairman of the Danish Rectors’ Conference, and Kim Graugaard, Acting Director General at Confederation of Danish Industry.

The program runs until 15.30. See the whole agenda here.


Waturu’s IPO bringing intelligent water technology to the next level


The Danish startup Waturu conducts an IPO at Nasdaq First North. The goal is to raise between 20 and 23 million Danish kroner to grow the organization and set up a full-scale semi-automated production in Denmark.

The Accelerace alumnus Waturu is going public at Nasdaq First North, the alternative stock exchange for small growth-focused companies in the Nordics. They aim at raising between 20 and 23 million Danish kroner with their energy-efficient decentral water heater.

“To commercialize Waturu’s potential, we need capital to initiate the setup of full-scale semi-automated production, grow our organization, and deploy bigger marketing efforts. An IPO ensures transparency for our investors and grants them the opportunity to buy and sell without being tied down by ownership agreements which make transactions more difficult,” says Toke Reedtz, CEO of Waturu.

He also sees a great opportunity to ride the wave of attention such an IPO will create. Thereby, Waturu’s brand perception will be reinforced and the desired ambassador effect to enhance sales generated.

“Moreover, an IPO on Nasdaq First North gives us the financial structure to keep Waturu on Danish ground and still let us access international capital networks in the coming growth phase and tap into partnerships around the world,” says Toke Reedtz.

Making green business good business

Through Accelerace and the Nordea Matchmaking network, Waturu got introduced to two business angels whereof one is the latest investor in the startup. What makes Waturu interesting is not only the green profile but also the fact that they make green business good business, too.

Waturu has developed an innovative water technology with the overall environmental purpose of saving water and energy while reducing CO2. Waturu’s technology transfers electricity directly into the water, resulting in instant heating and elimination of bacteria.

The technology, therefore, challenges the way in which we currently heat, treat and consume water and has the potential to disrupt the water industry. Compared to district heating solutions with circulation, the Waturu solution saves 75% in water usage and 94% in energy usage.

”We turn off our cars when we don’t use them and we should do the same with our hot water infrastructure,” says Toke Reedtz.

Waturu wants to become Vestas for water

Looking past the hopefully successful IPO will be the first step to reach the company’s full global potential: “To our investors – existing as well as the new – we seek to become the next Vestas within water treatment,” explains Toke Reedtz.

The Waturu stock offering will begin on 29 April 2019. If you are interested in investing in the Danish Green Tech Company go to


International accelerator program to create the new IoT stars in Denmark


If Denmark were to invest more in developing IoT we could tap into a huge market potential. But the area has not been cultivated enough to be an important player – yet. So says the CEO of inQvation, an innovation hub that has developed the first international IoT focused accelerator in Denmark together with the startup accelerator Accelerace.

Data is the new oil, but as opposed to oil data can be created anywhere. In the coming years, billions of devices will be connected to the internet in a new data revolution. And in that lies a huge market potential that Denmark so far has missed out on.

That’s why Accelerace and inQvation have joined forces and launched a structured accelerator program targeting startups working with IoT. The mission is to take an active part in developing each company zooming in on their specific needs with tailored mentoring and helping the founders with access to a large network of experts and test facilities at inQvation.

“Our vision is to build an international IoT focused accelerator stretching beyond the Danish borders with a strong program that can attract the best and most innovative startups from all over the world. That is a task we cannot solve on our own. That’s why we are assembling an ecosystem of Nordic and international established companies, mentors and partners to join our program and help us to create the best possible framework for the startups,” says Søren Lottrup, a partner in Accelerace.

We want to participate in building strong businesses

Accelerace has already started the scouting process to find the startups to enter the first batch.

“Our hope is that we can take part in developing a number of strong companies that in the long term can become best bets for Denmark and leverage the Danish business community’s competitiveness. Hopefully, we’ll see several companies with a huge growth potential where we can help scale their business and possibly invest. And of course we hope the accelerator can create more awareness on IoT and show the market potential in this space,” says Claus Zibrandtsen.

Ambitious startups with IoT-focus can get access to the Nordics, tailored mentoring from serial entrepreneurs and test facilities at inQvation by applying for our program no later than the application deadline: June 2nd, 2019.

Read more about the accelerator here


Accelerace launches Future of Work accelerator in collaboration with Symbion


A new accelerator program will help grow the companies that will disrupt the way we think about work traditionally. The Future of Work accelerator is the newest vertical in Accelerace and is created in collaboration with Symbion which gives the startups access to test in different co-working spaces. 

How we work is changing dramatically. We – both as individuals and as businesses – require freedom and flexibility. We need to be able to work anywhere and anytime as the world becomes increasingly globalized.

These trends have giving rise to the concept of co-working, digital nomadism and The Future of Work where individuals, startups, SMBs, and even corporations embrace a new, flexible, and social way of working together.

With combined forces, Symbion and Accelerace have created a Future of Work accelerator program where startups within the space get access to tailored mentoring, test facilities and an outstanding international network.

The first four startups have already been selected and will meet on the 29th of April when the new program kicks off in Copenhagen.

The Future of Work startups are:


ByLife is bringing nature indoors with their Smart Living Walls. Studies show that by surrounding yourself with plants can improve your well-being. At the same time, you become more creative as well as productive. Nature is key for us to be our best. What drives ByLife is the question of how will your organization evolve when your personnel is at their very best?


Octo is an application that brings the right sensor together with all the right algorithms to make smart buildings a reality. A tenant spends around €200 – €300 per m2 a year on rent. For 1 – 3% of that price, Octo monitors if the square meters are actually used, healthy, and safe.


Talee is an employee network from Germany. To keep up with competition and to stay innovative, companies have to think like an ecosystem. Talee is a software solution without any technical hassle for small and medium sized businesses to create an innovative culture where people bring all their skills and motivation into the company to create that new ecosystem.


Manpremo helps leaders in transforming organizations by promoting ways of working that optimize how employers and employees work, rest, and play for mental health and performance.

Are you interested in being part of our next batch?

All startups within the space of Future of Work can apply. In this program, we are especially looking for startups working with Big Data, IOT, ML/AI, and similar technologies to help co-working and real estate operators to: Design and operate co-working spaces in the most efficient and profitable manner to maximize both productivity and utilization, to deliver value-adding services to members of the community, create a strong ecosystem around the members and partners, and determine the optimal locations for new spaces.

Future of Work Accelerator


Why we need to teach elephants to dance – sooner than later


The energy sector is both contributing to climate change and it is also a sector that is highly affected by climate change. More and more agile companies and new technologies are disrupting the big corporates and operators. If they embrace the change and spearhead it, huge opportunities open up.

Globally the energy demand is increasing. Not a day goes by without harrowing stories in the news of the climate going crazy, of world leaders crying for change but flying into top meetings in private jets. Stories of fear and challenges.

“We cannot use the burning platform as motivation. We have to turn to the positive. The bottom line is that we have to play a societal role to speed up positive change. We have the power to put the consumer in the center. We can take the lead. We can be a catalyst,” says Menno Janssens, Head of Innovation at Elia Group and a partner of Accelerace.

Together with Accelerace, the energy giant is launching the annual Elia Group Open Innovation Challenge. With subsidiaries in Belgium (Elia) and north-west Germany (50Hertz), Elia Group operates ca. 19,000 km of high-voltage connections. As such, the Group is one of Europe’s top 5.

The paradoxical energy sector

Disruption is not easy in a market as regulated as the energy sector. One of the interesting things is, that the energy sector is both contributing to climate change and is also being disrupted by climate change. Because the landscape is changing – both literally and figuratively – they need to innovate. We need to teach elephants to dance. And that is exactly what Menno Janssens does at Elia group.

“Elephants are big and not very flexible. The innovation and strategy departments are there to make them dance. It is a tough task. But they still need to become more innovative to prepare for our shared future,” he says.

TSO, Transmission System Operators, usually work as regulated monopolies since building the regional and national transmission infrastructure is costly and subjected to regulations. All countries have at least one and they all have a wonderful opportunity.

“It is clear to me that because of their status of regulated monopolies they can be a catalyst for change. They can play a huge societal role in some of the world’s biggest problems,” says Menno Janssens:

“What we see, too, is that when we show them what is changing around us and they get to understand it and take an active part in it, the stakeholders buy into it. In the near future, we will go from a handful of power plants to hundred thousands of prosumers. There is no way we can manage that without AI, Blockchain and IoT. We can take the lead on the change.”

As a herd of elephants, we need to work together

Elia, together with the Belgian distribution system operators, has, therefore, recently launched a campaign that puts the consumer in the middle. An energy platform called the IO.Energy, where companies and startups can come up with ideas and build the new ecosystem together. Elia Group also just launched the third Open Innovation Challenge. Together with its Germany sister company 50Hertz and the Danish startup accelerator and consultancy company Accelerace, Elia wants to find the perfect startups for corporate partnerships.

“The energy sector is getting increasingly complex. With the overall digitization in all sectors and the prices for solar power and technology plummeting, it has become affordable and accessible for the masses to choose. In Denmark we see wind turbines all over, you can buy home solar panels in IKEA, and we see electrical cars in bigger volumes. It all adds to the complexity of the energy grid,” says Jes Nordentoft, Business Accelerator and Investment Manager in Accelerace.

To this Menno Janssens adds:

“In our company, we stopped telling others what is the right way, and allow them to reflect on and change our ideas. We want to develop with people and not impose on them what we think is the best solution because you can only grow and change things in 2019 if you make use of the ecosystem around you,” says Menno Janssens.

Put the consumers front and center

That belief goes well with the wave of decentralization that Blockchain spurred and that spread from finance to almost all sectors over the last 10 years. We believe that decentralization is a need to be able to go to the carbon-neutral society. And the only way to speed up the elephants is to engage with the consumers. Put them in the center.

“It is a paradigm shift. Today, the production of electricity follows consumption. We cannot really store it. In the future, this will shift. Consumption will follow production. We will have to change the way we do dispatching, grid planning, how we think borders and market. This shift needs new technologies to be managed, and the market helps incentivize it,” says Menno Janssens.

Therefore, it is key to get top management onboard with both new ideas of how to work and how to use new technologies. Startups are perfect for that.

“They say, that data is the new oil. But I’d say that data is more like the new crude oil. We have to do smart things with it or it stays useless,” says Menno Janssens.

He urges all startups with relevant solutions to apply for the new Open Innovation Challenge.

Be the change!

Do you want to apply for the Open Innovation Challenge or know a startup that should? Go to  to apply


Exclusive network ensures qualified investment for growth startups


Accelerace has in collaboration with Nordea launched an investor network for business angels and startups in Denmark and the Nordics. The network gives the startups access to qualified capital in the hard growth phase and gives more aspiring private investors an opportunity to support future companies and technologies.

Armed with score sheets and coffee, a group of existing and aspiring business angels was gathered in the co-working space Symbion just outside inner Copenhagen. They were invited for an exclusive matchmaking event. Not to find love. But to find the next – or maybe even the first – investment in Danish and Nordic startups.

Together with Accelerace, Nordea has launched a matchmaking network aimed at their Private Banking and Business customers. Through the network, they get access to startups carefully selected by Accelerace among the vast portfolio of alumni in which they can choose to invest. And the startups get access to a new opportunity for smart money in the bill size between the small initial investment and an A round. A classical tough nut to crack for growth companies.

“The matchmaking network is a great opportunity for startups to pitch in front of smart money investors. In Accelerace, we ensure exclusivity on all parameters to create a bigger incentive for investing, a better return on investment, and to make sure that the startups are exposed to qualified resources collected in a curated setting,” says Martin Holm Mortensen, Director of International Programs in Accelerace.

A successful initiative

As part of the network, the investors are invited to around 16 networking events per year held in Copenhagen, Aarhus, and Odense. This was the fifth event, and Martin Holm Mortensen welcomed the familiar faces among the investors, the newcomers, the five startups that would pitch in the afternoon, and of course the partners in Nordea.

“We wish to facilitate that every single talent in Denmark working within areas of interest to Nordea can have access to resources and people that can support their business and maybe even invest in it. We have collaborated with Accelerace in a year and a half by now and it has been very interesting and, also from our customer’s point of view, very successful. That’s why we wanted to be part of this network; to do our part in supporting and help to grow the future companies in Denmark,” said banking executive in Nordea, Hans Henrik Klestrup before he gave the floor to his colleague Jacob Faber Andersen, Head of Startup and Growth.

“Earlier on, Nordea had a hard time handling the new technologies, sectors, and markets that constantly arise around us. We established Startup and Growth as a way to find out how we best can be relevant and a competent collaborator to the new companies in the ecosystem. We realized, that many startups throw away money in the beginning and as a bank, we had to learn how we can still support business models with red numbers on the bottom line,” he said and continued:

“We learned that new companies are often forced to spend a lot of time on all the things around their business that do not relate directly to their core product. They spend hours and hours on marketing, SEO, book keeping, and finding the right investors. During this year and a half, we have created a vast network for the companies to tap into to help them get connected to the right people from day one and to offer them free or greatly discounted services so the founders can focus on what they are experts in.”

Investors are presented to startups from all over the Nordics

All kinds of startups can be chosen for the programme. For the fifth showcase, the startups represented life science, future of work, lifestyle, nanotechnology, and fintech. They each get a timeslot around ten minutes to pitch, then the investors immediately can ask questions.

Hooves is a startup that brings horses into the sharing economy by connecting horse owners with renters in a management app. A horse costs up to 1200 euro a month and needs caretaking every single day. Hooves is tapping into a 50 billion dollar market in Europe alone and already secured 250.000 euro in funding.

“What makes this setup interesting to us is the fact that we can go more in depth. At many pitch events, you have 3-5 minutes and you don’t know the audience you’re pitching in front of. Are there other startups, what kind of investors, are there corporates, you simply don’t know. For a niche product like ours, it takes a bit longer to get people to grasp the challenges and the market. Then a bit more stage time is very welcome. We also know that here in front of us are people with the resources to invest, which means we can focus our pitch to that target group,” said Suvi Kaario, CEO of Hooves.

The other four startups this time were:

Tobi is the world’s first wealth manager for kids. It is a long-term savings account that treats your kids’ money as you would an adults’ assets.

ATLANT 3D Nanosystems
ATLANT develops 3D printers for rapid prototyping in the R&D sector of the microelectronic industry and enables low risk, high precision and material versatility with more than 450 different materials.

ResoTher Pharma
ResoTher Pharma is a biotechnology company developing an innovative drug, relying on a natural peptide, for patients who have suffered a heart attack.

Manpremo Performance
Manpremo helps leaders in transforming organizations by promoting ways of working that optimize how employers and employees work, rest, and play for mental health and performance.

During the pitches, the investors kept score on the provided sheets of paper. It is part of the quality control. Through the investor notes, Accelerace and Nordea get a sense of what the business angels think about the companies in general and if they’re interested in a personal meeting or more information – which can lead to a future investment, something several startups are in talks about.


Music to our ears: Welcome the second batch of our sound tech accelerator


Nine awesome startups have just started in the sound tech accelerator in Sound Hub Denmark. We welcome them all to our family!

Pibox is a community platform for people in audio, sound, and music. Instead of having to work across many platforms and in many tools with Pibox managers, artists and producers can share ideas, upload mixes, and receive feedback in real time on one platform. Pibox is from Finland and is already used by producers for Beyonce, Lil Wayne, and Lady Gaga among others.

Generics from Beirut produces custom made tips for your standardized earbuds made of soft, medical-grade silicone that doesn’t cause irritation. The earbuds are made by scanning your ear with an app, then the picture is processed and the buds 3D-printed to enhance sounds, comfort, and grip.

Absolute Zero has designed a brand new 3D 360 camera to create VR content in the highest quality. With its cameras, drones, and cloud-based platform the startups wants to create an infrastructure for the media content of tomorrow.

Auricle is a novel technology that sends sound waves in the form of vibrations directly to the human skull and allows users to be completely aware of their surroundings. It is a personal audio electronics device to promote awareness, communication, safety, hearing and fun in everyday life situations.

EAVE wants to change how the world hears to prevent workers from Noise Induced Hearing Loss. Eave has designed and built the world’s first noise mapping, monitoring, and dosimetry system, fully integrated into a Bluetooth ear defender.

Ai Highway is a global team of medical professionals, signal processing engineers, data scientists, and clinicians. The startup has built an acoustic device that can screen, detect and predict heart disorders using state-of-the-art signal processing and AI capabilities.

More than one billion people have permanent hearing damage in the form of a daily noise or a ringing in their ears. But they don’t use earplugs because they are not comfortable, they reduce audio quality, and they are not seen as a part of an outfit. Whether you are enjoying a live concert, sports game or travel by airplane, earplugs from Wavy lowers the volume with 16 dB to protect your hearing from ambient noise without changing the sound.

OKTO has developed a wireless, data-driven variable acoustics system to allow multifunctional performance halls and studios to offer truly optimal acoustics for any type of event. Whether the room is going to be used for giving lectures, playing symphonic, rhythmical or electronic music, our goal has been to make it possible to adjust the acoustical properties of any room to obtain a beautiful and clear acoustic soundscape.

GigsGuide helps travelers find inspiration for their next trip by showing them where their favorite artists will be playing. Type in your favorite band or genre, plot in the nearest airport and your preferred travel dates, and GigsGuide provides you with a list and a map of concerts in the time you’re traveling along with flight and tickets prices so you can find your next destination.


Nordic laser tech to save bees wins at Hello Tomorrow in Paris


Danish startup FaunaPhotonics won the Agro track prize and 15.000 euro at Hello Tomorrow Global Summit in Paris this Friday.

4500 applicants, 80 finalists, 12 tracks. Hello Tomorrow Global Summit concluded this Friday with the Global Challenge Grand Finale – and a Danish success; FaunaPhotonics won the Agro track and 15.000 euro.

FaunaPhotonics, an Accelerace alumni, has developed a laser, a system known as lidar, which works like radar but with laser instead of radio waves. With it, they monitor insects to ensure sustainable crop utilisation and to improve pest control and biodiversity.

“By bringing a new technology to the market, we will fill gaps in knowledge of insect populations, leading to more sustainable agricultural production and improvements in insect control. On our journey, we will make insect monitoring and risk assessment easier for our customers,” the company state on their website.

Monitoring for better farming and disease control

Hello Tomorrow is a worldwide deep tech conference created in 2013. This year’s Global Challenge was the 5th edition showcasing 80 startups within Aeronautics, Data & AI, Digital Health, Energy, Food, Agriculture & Environment, Global Health, Industrial Biotech, Industry 4.0, New Materials, New Mobility, New Space, and Wellbeing.

FaunaPhotonics’ solution can by knowing the wingbeat frequency detect if the insects are pests or pollinators and thereby only target the non-beneficial insects. The technology is not only aimed at farmers, but can also be used in monitoring insects that spread disease like malaria, as a corporate and scientific R&D tool, and in monitoring sea lice used in fish farms.

FaunaPhotonics was founded in 2014 where the optical hardware concept was spun out of Lund University Laser Center.




Attavik, the first tech startup in Greenland is ready to go global


With its mesh network, Attavik connects the unconnected in one of the most remote regions of the world. The startup has gotten a patent approved in the US, a new CEO, and is now ready to expand.

Traditionally companies in Greenland work within fishing or tourism. But there is a new company in town. Attavik, a tech startup that has developed a mesh network to connect the unconnected. And that technology has given them the seal of approval in the States, where they got a patent in January 2014. Now is the time to go global, says the company and Accelerace-alumnus to ITWatch.

“We have chosen to focus on the rural areas in the US. Here, around 25 million people live in areas which have no cell service or bad internet connection,” says John Siegstad, the new CEO in Attavik to ITWatch and continues:

“We see the same in Europe, where large parts of the population live in areas with a poor connection. Areas, that are usually seen as developed and high-tech countries but nevertheless millions of people have no service.”

If one is connected, everyone is connected

The mesh network is build of the Attavik RED, which stands for Range Extender Devices, and ordinary smartphones. If just one device in the network is connected or have cell coverage, all devices in the network will be online via the Attavik-app on their smartphone.

Attavik is founded by the couple Poul and Jeanne Holm. John Siegstad joined the founding team three years ago and recently became the CEO with his background in telecommunications in Tele Greenland.

The two founders got the idea for Attavik when they visited the beautiful Nuuk Icefjord. They were standing on either side of the fjord. They could see each other. But they could not reach each other by phone.

Attavik is on the lookout for investment

In 2007, they turned the idea into Attavik, which means “connection” in Greenlandic. After they got the patent in 2014, they had to hold operations for a while due to lack of resources. But in 2015 they were back at it with Attavik.

In 2018, they joined Accelerace, and now they are ready to expand. Besides other areas and countries with a poor internet connection and cell service, the solution can be used in disaster zones where the infrastructure has crashed.

Attavik is currently looking for investors or a possible acquisition to make 2019 the year of reaching their dream.


inQvation invest millions in new partnership with Accelerace


inQvation has joined the circle of Accelerace owners. With the investment, Accelerace strengthens the role as a unifying actor in the startup ecosystem. Together, inQvation and Accelerace will rethink how we in Denmark can help startups develop and grow.

“With the investment from inQvation, we add another important voice to the Accelerace group of owners and pursue the strategy of bringing together as many stakeholders in the startup ecosystem around Accelerace as possible for the benefit of the entrepreneurs” says Peter Torstensen (CEO Accelerace) just after signing the deal. The purpose of the new collaboration is to raise Danish entrepreneurship to new heights.

“Accelerace is the best accelerator in the Nordics and a significant voice on a European level. Originating from Denmark, it is unique that Accelerace has had, firstly, so many startups through their program and, secondly, created such a deep and extensive knowledge about how to create the most successful businesses,” says Claus Zibrandtsen (CEO inQvation).

New startup initiatives are already in the works

To Claus Zibrandtsen, the collaboration comes naturally in that inQvation has the ambition of creating the best possible ecosystem to entrepreneurs and thus creating better conditions for startups to grow their businesses.

“Year after year, the team behind Accelerace has proven that the way they work with startups and corporates has a huge impact on the development of the Danish entrepreneurial environment. Just keep in mind that over 80% of the startups they have worked with are still alive today. That’s not something you see in many places, ” adds Claus Zibrandtsen.

inQvation gets a direct voice in the Accelerace group of owners with the aim of becoming an even greater asset for startups with growth and scaling in mind.

“Together, we must rethink how we develop startups. We have so many interfaces that derive activities from both Accelerace and inQvation. We are looking into how we can leverage each other’s competencies and create value all the way around – and we have already initiated various initiatives that we plan on launching in 2019, ”says Claus Zibrandtsen.


Something’s cooking: Meet the new food and cleantech startups


Our newest batch of food and cleantech startups was introduced to the program, partners, mentors, lean canvas, and each other when the 8th acceleration round was kicked off.

It is always with a vibe of excitement and a hum of what’s to come when our startups meet for the first time. In Accelerace, we make sure to welcome all new batches of companies to our accelerator with a proper kick-off camp.

The importance of networking

This week, we had invited all our food, ICT, and cleantech startups to visit our home at Symbion. It is always optional for our startups, coming from all over the world, to choose if they want to relocate to Denmark and if they just want to participate in person in our kick-offs, camps, and sessions.

We highly recommend doing so because it not only gives the founders a chance to meet their mentors, but also to ask the initial questions, share their current challenges and celebrations, and most importantly form an extensive network with each other.

A big chunk of the new batch did show up for the two-day program.

Seafood, ugly food, and creating better lives

BlueLobster was there. A new Danish startup going into the space of the quota kings, the fishermen owning a substantial part of the right to fish for certain species in specific areas. BlueLobster makes it easier to buy fresh fish directly from local fishermen and fishmongers and see where exactly the fish was caught. 

Another new foodie is EatGrim. Grim is the Danish word for ugly, and the startup delivers ugly, organic, and delicious produce directly to your door. If a cucumber is not straight enough, or if a carrot is not big enough it won’t be sold in supermarkets and only contribute to the massive amount of food being wasted every year. EatGrim is changing the beauty standards of fresh produce. 

Zooming out from our kitchens we have Airship One. A startup tackling the world’s biggest challenges caused by globalization by launching the world’s greatest exponential organizations and technologies. They work project-based to empower teams in product development, strategic design, and new market creation. 

Airplant is also in striving to create a better life for everyone. Airplant does it by improving the indoor climate. The startup has developed a sustainable product, which improves the natural ability of plants to eliminate toxic chemicals and regulate humidity indoors, where we spend up to 90 percent of our time, according to the startup.

Drones, electricity, and almost alcohol

Upteko is developing an autonomous drone system for the maritime sector. The drones will be mounted on the ships together with a charging station making automatic charging possible between tasks like helping the skipper docking the ships.  The project is backed by The Danish Maritime Fund.

Back on shore – mostly – we have Rliabl. An industrial artificial intelligence startup working with predictive maintenance. They have specialized in developing advanced machine learning algorithms for asset condition monitoring mainly within wind power. 

Novo Grid from Ireland also works within electricity. The startup provides real-time grid visibility and automation software to utilities and renewable generators. They have developed GridViz, a fully decentralized platform configured for each specific location based on local network characteristics.

Back on the kitchen table or bartop is IshSpirits. A Danish food tech startup that has concocted a new type of alcohol-free spirits, GinIsh and RumIsh. They are the alternative to the athlete, pregnant woman, or abstainer who like the taste of a good drink without compromising their health. The spirits have already won the Best New Natural Drink Product at the Natural and Organic Awards Scandinavia in November 2018. 

In the batch of startups are also Bettergy, PowerMarket, DreamyFoods, RaskRask, Cellugy, and Tracezilla.

Tailored programs for every startup

Our kick-off’s usually spread over two days where the startups are also introduced to valuable theories that our program revolve around. Like, for example, lean canvas; a business plan template adapted by Ash Maurya from Alex Osterwalder’s Business Model Canvas and optimized for Lean Startups. It helps teams deconstruct their idea into its key assumptions, test them, and iterate them – fast.

We value an agile mindset and help our startups to be as adaptable, as efficient, as resilient as possible. So not only do the startups get introduced to lean canvas, we work through it, we give them access to all our tools, we tailor our program to their needs, and we love getting our hands dirty with them.


Two European Energy Giants join forces to go from conservative to change-ready


Together with Accelerace, the electricity transmission operators Elia and 50Hertz call for startups from all over the world to compete in the third Open Innovation Challenge. They are especially seeking international startups from outside the traditional sectors which provide them with unique solutions and different approaches to their daily challenges on the field. 

Two of the largest transmission system operators in Europe, Elia in Belgium and 50Hertz in Germany, are facing headfirst disruption by joining forces and organizing the Open Innovation Challenge for the third consecutive year. This year, the competition aims to develop solutions for improving the day-to-day activities of the workforce in the scope of asset management and maintenance. Elia Group is already testing blockchain, the use of drones for inspections and artificial intelligence but always welcomes startups that leverage the benefits of new digital technology. 

Also in other areas of the companies, digitalization and innovation can contribute to the overall wellbeing of the employees and reduce safety risks. Examples include machine learning to detect wrong input data and connected clothes to monitor the health of workers. The possibilities are limitless.

Creating strong ecosystems

“As a top-5 player in Europe, Elia Group is constantly on the lookout for new innovative ideas to improve our day-to-day business. To achieve this, we need to join forces and create strong common ecosystems. Companies from different sectors can help us with new solutions and different approaches to our daily challenges on the field” says Johan Maricq, Innovation Project Leader at Elia Group. “This is why we reach out to innovative startups and SMEs. For them, it is a great opportunity to have an incredible experience at the center of the European power system.” 

Startups and SMEs from all over the world can apply for the competition, but only the best solutions will have the opportunity to pitch in front of the senior executives and jury of Elia Group during the final selection day in Berlin. The Elia Group has teamed up with Accelerace to make sure that the right fit between startup and corporate will be found.

Easy access to corporate players

“We have had the pleasure of working with forward-thinking Elia for a few years, and the Open Innovation Challenge is an excellent opportunity for startups to break through the doors of a large energy company. The winning startup will meet a paved road where senior executives and industry experts will be welcoming and supportive to ensure a successful paid pilot and help to convert it into a long-term collaboration” says Jes Nordentoft, Business Accelerator and Investment Manager at Accelerace.

Accelerace and the Elia Group are looking for startups that leverage new technologies like AI, VR, AR, and IoT to help improve the day-to-day operations, reduce workforce errors, and support asset managers to gain insights. The winner will not only receive the honor and €20’000 but also gets the opportunity to make a Proof of Concept with Elia and 50Hertz which will hopefully result in the implementation of the solution. Not a bad opportunity since Elia and 50Hertz together are the 4th largest transmission system operators in Europe.

Interested companies can apply to the Open Innovation Challenge here:


Likvido: ”There has to be a clear purpose”


Eight startups have now embarked on a shared journey to develop new fintech solutions together with Danske Bank, Nykredit, Copenhagen Fintech, and Accelerace. We talked to some of the founders on the very first day of the program. Read why Likvido, a Danish debt collecting service find exactly the Copenhagen Fintech Accelerator relevant:

Likvido has put invoicing, registration and bookkeeping on a digital formula to make debt collection 100 percent autonomous.

“We help our customers to save time, get their payments faster and give them better insights in the risks and cash flow they have,” explains CEO Maximillian Frimmer when we met him at the kick-off at Copenhagen Fintech Lab.

The idea of Likvido comes from personal struggle

This is a service that means a lot to Maximillian personally. Together with Lars Holdgaard, Maximillian ran the company Monera before starting Likvido. Monera was a platform where smaller companies could market themselves in an online CRM-system.

The customers – mostly seasonal workers – would pay to be on the platform. But because of the different workloads in winter and summer for the contractors on the platform, they sometimes wouldn’t pay for the service. Monera was busy scaling and lost the grand overview. They couldn’t retrieve the money they were owed by the customers, small amounts adding to a larger sum.

Suddenly more than 10 million Danish kroner was missing from bad payers. Monera had to file for bankruptcy. The two founders took some time off to lick their wounds and the idea of Likvido was sparked. Never should anyone go through what they had struggled with.

International inspiration and strong fintech network

Likvido was founded in January 2018. Almost exactly one year later, they applied for and was accepted into the Copenhagen Fintech Accelerator. A program the team sees as highly interesting to them of three reasons:

“The most important thing for us is that there is a clear purpose of being here. There is a clear purpose in working towards a proof of concept. This is not a generic program to make a company better. There is a very concrete output. That is the first thing. Then there’s the international aspect. The other companies are from different countries, which is very positive for getting some international inspiration. Thirdly, we have the opportunity of collaborating with some big financial institutions that can broaden our network,” says Maximillian Frimmer.

He and the rest of the team, three of them participated in in the kick-off where all startups, partners, and banks were present, are looking forward to meeting and working with the other companies.

“It is always very inspiring when you get to collaborate with other companies in the same sector. We are on a common journey, and we can establish a strong network and hopefully spark a mutually beneficial partnership with one of the banks. There is a great opportunity here to learn and network,” says Maximillian Frimmer.

Within half a year of operations, Likvido was approved for debt collection. In that first period the company also got their first 100 customers, and in the spring of 2018 Likvido got an investment of one million Danish kroner from Pre-Seed Ventures and a series of Business Angels. Next goal is to scale outside of Denmark.


Kick-off: Co-creation in the center of the Copenhagen Fintech Accelerator


Eight innovative startups, two great banks, and two eager startup ecosystem partners all met for the first time at the Copenhagen Fintech Accelerator kick-off day. The kick-off is the beginning of a six-month-long journey to find the most innovative fintech solutions.

“We are partners. Not competitors.”

So said Jon Schäffer, Group Head of Strategic Partnerships, Danske Bank at the Copenhagen Fintech Lab Tuesday morning. And that pretty much underlines what this day was about.

On the second floor, the lounge was alive with the giddiness of new beginnings. Over coffee and croissants, the eight companies that were chosen to be the first batch of the new Copenhagen Fintech Accelerator embarked on their shared journey to transform some of the old, established and highly regulated industries of banking, housing, and legal.

Good partnerships demand full trust

On stage was their new collaborators consisting of Copenhagen Fintech Lab, Accelerace, the other founders in the group – and of the banks, entities that in the past would have been competitors. But in this setup, co-creation takes center stage.

“We are used to cooperate with our partner banks. We know there has to be full trust to make partnerships work. We have to get involved, we know it takes compromising and a willingness to find a common solution,” said Pernille Engelborg, First Vice President, Digital Partner Solutions in Totalkredit, that works together with 55 different partner banks of all sizes.

Read more: 8 startups have been chosen for the new fintech accelerator

Now, Nykredit has entered into a new kind of partnership with Danske Bank, too, stated Lars Boe, Head of the Product Department of Totalkredit. And with Copenhagen Fintech Lab and Accelerace that runs the incubator and accelerator.

The most tailor-made accelerator for fintech companies

So what is in store for the eight companies? A highly tailormade program, designed for the individual’s need, but with a strong sense of community. The competition is healthy. We make each other better. We’re in this together.

Read more: Accelerace strengthens focus on fintech with new accelerator

What makes this accelerator different is not just that it is the first of it’s kind in Denmark working to attract and retain foreign talent. It is also more than the usual cookie-cutter three-month accelerator.

“Before you entered, we already had a high-level understanding of what we will go through with you. And we will tailor this experience to you as we go along. We are a toolbox that can be made to fit your exact needs,” said Søren Lottrup, Partner, Investment Manager and Business Accelerator in Accelerace continuing:

“We are your interim co-founders. We don’t take equity, but we will be part of your team. So you have to open up and let us in for us to have the biggest effect and be able to make the most effort.”

Assume, test, iterate, update, repeat

Accelerace is highly inspired by the world of sports. Talent is good – but training is everything. In Accelerace, the belief is that the same reasons for success that count in sports, count in entrepreneurship: The amount and of practice, the quality of the practice, and the right social context.

The accelerator is built on hypothesis-driven innovation, on Lean Canvas; a 1-page business plan template created by Ash Maurya that helps startups deconstruct their idea into its key assumptions, adapted from Alex Osterwalder’s Business Model Canvas and optimized for Lean Startups. Many talk about Lean Canvas. Not many know how to execute it. Accelerace does – and have worked closely together with Ash Maurya, who will also be visiting Symbion in the days of the fintech kick-off.

All eight startups presented their ideas and solutions in front of the partners and each other. And almost all of them ended their sharp 2-minute pitches by mentioning how much they looked forward to working together. To learn from each other. And to have access to the resources and knowledge the banks contain and are willing to share with the startups.

“There will be time in the program to slack. It is there on purpose so that you can engage. So spend your time wisely and get to know each other,” said Anders Handlos Grauslund, Business Accelerator and Investment Manager, Accelerace, before he let the startups loose to enjoy lunch and the first slack time.

Which the startups eagerly used to interact, laugh, and share stories from all around the world.

The eight fintech startups are:










Soundtech: More than your typical accelerator


The first batch of the all-new Soundtech accelerator has reached halftime and recently gathered for another camp in Struer at the Sound Hub Denmark. MuuseLabs share their experiences and outcomes. They highly recommend applying for the coming round (extended deadline 10 February 2019).

MuuseLabs is a Belgian startup. They are behind Jooki – the connected music player for kids activated by toys. Jooki is meant to bring autonomy to the kids’ world and peace of mind to the parents. It does so with a high-quality player that plays music and stories selected by the parents both offline and online. The startup’s mission is to offer solutions for parents who embrace today’s technology but wish to raise their kids in a safe and meaningful environment.

Muuselabs, Jooki, Soundtech, Soundhub Denmark

Accelerace met the team last week at the Soundtech camp in Struer. We wanted to know what they, so far, have learned in the acceleration program.

The Soundtech accelerator helps increase technical excellence

First of all, the team around Founder & CEO Theodore Marescaux needs technological insights from external partners and industry experts. Part of the Soundtech accelerator is the mentoring program which connects the startups with dedicated technical mentors and enables valuable sparring.

Besides the knowledge exchange, the program provides unique and free testing facilities at the Sound Hub Denmark including a robustness lab, listening rooms, UI testing, and accredited safety labs.

MuuseLabs was surprised by the technical infrastructure and expertise available:

“Together with the experts, we worked on our player’s acoustics, and we got much advice on how to lower down the production costs. We also kick-started the design for another device in just a few days by leveraging the experts pulled in specifically for us” says Theodore Marescaux.

Developing your business and investments

Our proven Accelerace philosophy couples the technical mentoring with extensive business guidance including finding the right Value Proposition, Sales & Pricing, and Investments. Serial entrepreneurs and Venture Capitalists are keen sparring partners and have helped MuuseLabs in, for example, refining the roadmap.

On top, the sparring partners also introduce the startups to investor networks and corporate partners who are already collaborating with Accelerace.

Thanks to the Soundtech accelerator, MuuseLabs say that they are much closer to their goal of having gained a significant and stable place in the market of music for kids by 2020. And by contributing to establishing an ecosystem of devices, MuuseLabs allow kids and parents to create a better life for themselves.

Apply your startup now to the equity-free 6-month acceleration here or find more information here.



Retailers! Keep an eye out for startups – they are your new business opportunity


At Børsen Retail, the focus was on digitization and innovation – and of course, Accelerace was present to share our knowledge about the impact startups have and will continue to have on the corporate world. 

All the big names within retail in Denmark were gathered in the beautiful Old Stock Exchange Tuesday when the daily newspaper Børsen held its annual Retail Conference in Copenhagen.

Retail has gone through a tremendous transformation over the latter years. We are talking customer experience – online as well as offline – omnichannel, influencers, AI, and apps. We are talking about the retail apocalypse, the brick and mortar stores that are going out of business due to e-commerce, the new born-digital generations, and agile, opportunistic startups.

But as Gregers Wedell-Wedellsborg, CEO of Matas, pointed out, the picture being painted of the evil Amazon threatening the livelihood of retailers is tiring. Instead, retailers must view technologies and entrepreneurship as opportunities. The retailer who is present and strikes at the right time and at the right place will always survive.

Corporate Startup Matchmaking

Retail, AcceleraceOn stage was also Head of Scouting and Business Accelerator Martin Holmboe from Accelerace. He took a deeper dive into the world of startups together with Kalle Stenbæk, Business Development Manager in Coop, one of Accelerace’s partners.

Coop has embraced working with startups and they do so in collaboration with Accelerace though Accelerace’s Corporate Startup Matchmaking model. But first:

Why is it important to talk about startups now?

Because they can change your world. Fast. And they are not going away any time soon.

In the past five years, we have seen a 100 percent growth in funding rounds from 11,000 to around 22,000 rounds. In 2017, the world’s biggest startup campus opened in Paris underlining the trend that startups are not just a Silicon Valley thing anymore, and there has been a 400 percent growth in the amount of cash startups receive – from 20 billion dollars invested globally in 2012 to more than 80 billion dollars invested in 2017.

How are startups changing retail?

Martin Holmboe paints a picture of a foggy landscape to explain which technologies retail is facing. Some hide far away in the deep clouds, others are more clear, and some are right in our faces. Maybe we get the technology, but not the application of it to our sector. Sometimes we get the application, but cannot see how it can benefit retail in the future. Let’s venture into the fog.

Furthest away is Virtual Reality. A technology that is widely known today but the application of it doesn’t go much further than entertainment. But it will. Walmart has acquired a Virtual Reality startup. Spatialand makes software tools that let creators transform existing content into immersive, virtual reality experiences. Walmart uses it to train employees and claims that VR has the potential to reinvent the customer experience.

Together with VR, Autonomous cars still lie in the distance. The 135-year old grocery retailer Kroger has teamed up with startup Nuro to launch unmanned vehicles to tackle last-mile delivery. The vehicle can fit up to six grocery bags. But it cannot climb stairs…

Technologies in use today

Right in front of us, out of the fog, we have Visual Search, a combination of machine learning and computer vision technology. H&M, Asos, and Home Depot already use Visual Search to let customers take pictures of a piece of clothing or a tool and the app will then find it for you – or something similar to what you are looking for in case of dresses and the like.

As an example, Israeli-based startup develops Visual Search technology for fashion brands and raised 8 million dollars from investors in 2017. Their product, Visual Search for All, is implemented on Kohl’s and Marks & Spencer’s sites.

Robotics is another example of a technology with a clear application in retail. Again Kroger has embraced the technology and has invested in the startup Ocado to create automated warehouses to help drive Kroger’s online grocery operations. During the next three years, they will build 20 warehouses in the US. In the UK, where Ocado is based, 3500 robots are already getting ready to drive around in the biggest factory to date and will be handling 200.000 orders a week.


The next technologies we will see in retail

Blockchain is the talk of the town these days. Mostly within finance and cryptocurrency but soon we will see it in retail as well. Blockchain can create transparency in the value chain, something Carrefour has invested in with their blockchain-based food traceability program for chicken production. The customer can scan a code on the packaging and will then receive information from each stage of the production; from where the chicken was raised, to feeding, and processing.

Last-Mile Delivery is another area which is facing changes. Here we are beginning to see online retailers investing in physical space. Hema, a Chinese grocery store in Shanghai, is originally an online retailer. In 2016, they opened their first physical store, and Alibaba wanted in. The customers can order online from an app, the staff will pick up the groceries, hang them in the overhead conveyor belt in insulated bags that are transported into the backend logistics, packed and shipped and at the customers address 30 minutes later.

What can retailers do about the technologies and the startups driving the change?

Back to the Corporate Startup Matchmaking Model. Accelerace sees a trend toward innovation created externally and through partnerships.

In the 1920s, we talked about corporate R&D Labs only, then in the 1970s-1990s Corporate Venturing came into fashion, later we saw Corporate Accelerators. Today, we see Corporate Matchmaking.

Corporate Matchmaking can be beneficial for both corporates and startups; startups get access to markets, traction that matter, and they grow mature faster. Corporates get access to new business opportunities, a change in mindset toward higher agility and exponential growth, and they can strengthen their brand as an innovative entity.

Coop sees the value in Corporate Startup Collaboration

Coop is one of the biggest retailers in Denmark with a turnover of 39 billion Danish kroner. To be part of the future change makers, Coop wants to work together with the people with the boldest visions for the future. They want to be inspired. And as Kalle Stenbæk pointed out, the innovation that comes from startups is priceless.

Coop now collaborates with Accelerace to find startups matching the retailer’s strategy. A collaboration that has already paid off into several selected pilot projects with some of the startups that Accelerace handpicked to pitch in front of Coop.


The first 8 startups have been chosen for the new Copenhagen Fintech Accelerator


Eight startups constitute the first batch of companies to enter the new fintech accelerator, run by Danske Bank, Nykredit, Copenhagen Fintech, and Accelerace. The companies have been chosen from more than 130 applicants from around the world, underlining the Nordic’s leading position within the fintech space.

More than 130 fintech companies from 35 countries applied to come to Copenhagen. All were competing to gain a space in the first Danish fintech accelerator, and thereby strengthen their ties with the burgeoning Nordic ecosystem. Only eight were selected.

The companies will now start working with the accelerator partners Nykredit, Danske Bank, Copenhagen Fintech and Accelerace – and with world-class mentors. The tailor-made six-month program aims to create new solutions benefiting the banks, customers, and society as a whole.

The eight companies are:

Realisti.Co is an Italian startup that has developed a virtual reality service exclusively for real-estate agents. Using Realisti.Co, the real-estate agents can create autonomous virtual tours in any type of property. The tours can be uploaded onto web pages where agents can edit and share the tour experiences in a way that optimizes sales and reduces wasted time.

Realisti.Co was chosen for the accelerator due to their innovative software and clear value-creation potential in the proptech market.

SkenarioLabs has developed an AI-enforced web service, that digitalizes real-estate portfolios and gives the owners detailed and reliable prognoses for value, profitability, energy consumption and CO2 emissions. This makes it easier for real-estate owners to understand the value and potential in an investment.

Skenario.Labs are based in Finland and have been selected for the acceleration program due to their strong coupling of analytical technology within a user-friendly interface with an industry that is ripe for disruption.

Bizbot’s platform simplifies, automates and centralizes all administrative processes in a business. The platform eliminates the use for paper and gathers information in one place so that employees can focus on delivering the best service rather than collecting data. Bizbot is headquartered in Norway.

Bizbot has been selected for the accelerator due to their innovative ideas on streamlining administrative work by outsourcing to virtual team members (robots).

Likvido is a Danish debt collection startup that has digitalized billing, registration, bookkeeping and debt collection so that all of this runs in sync and is fully automated.

Likvido was selected to participate in the acceleration program due to their potential to revolutionize debt collection in the SME segment.

Noviscient is a technology-driven investment management company. The company gathers smaller hedgefunds (multi-strategy) and stratifies the funds to create high expected returns with lower risk than what traditional hedgefunds can offer.

Noviscient is based in Singapore and has been selected for the accelerator due to their new and exciting technology, strong business model and a particularly strong team. Noviscient is based in Singapore but has the ambition to apply the platform and technology in Denmark and the rest of the Nordics.

Blockimmo is a Swiss platform for real-estate transactions based on blockchain. The company makes it possible to participate in crowd-based real-estate investments. The technology thereby lowers risks for the investment type significantly.

Blockimmo has been selected for the accelerator due to their innovative solution: the world’s first ‘tokenization’ of real-estate. Blockimmo has achieved regulatory approval in Switzerland.

Manigo gathers financial apps in a multicurrency solution, an international money and social payment platform with an accompanying Mastercard. The solution will help users save money and avoid hidden fees by using the correct currency wherever consumers are. All transactions are monitored and analyzed so that users gain a better overview of their consumption.

Manigo is based in London and has been selected for the accelerator due to their good fit with the services offered in the Danish banking sector today.

Authenteq is an automatic identity verification and privacy platform, that makes it possible for users of the app to verify their identity and set up blockchain-encrypted digital IDs. Authenteq is Icelandic and has offices in Reykjavik, Berlin, London and Palo Alto.

Authenteq has been selected for the accelerator due to their experienced team of experts and their exiting potential that meets the need of established financial institutions.

The program kick-off will take place from the 5 to 7 February at the Copenhagen Fintech Lab.


Tendril acquires leading energy analytics company EEme


EEme, a former Accelerace alumnus, has been acquired by Tendril, the leading provider of Home Energy Management solutions to the utility industry. 

EEme is a Pittsburgh-based leading energy analytics company spun out of Carnegie Mellon University. They have developed a scalable machine learning platform that converts raw smart meter data into appliance-level and equipment-level insights using proprietary algorithms.

EEme’s proven Disaggregation-as-a-Service™ (DaaS) technology provides demand-side management stakeholders with appliance-level insights. Thereby leveraging existing smart meter data without relying on new hardware investments or user intervention.

EEme has been a part of the Accelerace accelerator program and we are thrilled to see them reaching their goals of energy efficiency!

Moving appliance detection forward

Combining EEme’s third-party validated technology with Tendril’s TrueHome simulation model creates the largest-scale Non-Intrusive Load Monitoring solution on the market. The solution significantly improves reliability and accuracy and moves the entire field of appliance detection forward.

“Appliance-level disaggregation holds great potential in helping people reduce their home energy consumption. But to be effective we must improve the accuracy and reliability of these solutions,” said Chris Black, COO, Tendril, in a press release:

“With the acquisition of EEme we are enhancing our device-usage detection capabilities with highly complex technology that has been rigorously tested by third parties and validated by us over the past 18 months with 10 terabytes of AMI data (Advanced Metering Infrastructure data red.). Now when combined with the Tendril Platform, we will finally unlock the value of delivering appliance-level energy insights.”


Accelerace alumnus Reapplix wins EY Award


Former Accelerace alumnus Reapplix has won the EY Entrepreneur of The Year Award in the Life Science category. Accelerace was among the first investors in the company and we are proud of their journey and achievements.

One of Accelerace’s first startups and investments back in 2009 is the medico company Reapplix. They have just won the EY Entrepreneur of The Year Award in the Life Science category.

“It’s a great honour to win this award and a recognition of our innovative wound healing technology that has been shown to help patients with non-healing wounds. We are in the midst of preparing a broader commercialization of 3C Patch®, and this prize is very motivating as we move forward with our exciting plans,” says Graeme Brookes, CEO of Reapplix in a press release.

Reapplix heals the non-healing wounds

The 3C Patch System is designed to help the suffering of patients with non-healing wounds like diabetic foot ulcers; a condition associated with the co-morbidity of amputations and mortality.

The 3C Patch is a robust blood-derived patch prepared directly at the point of care. Reapplix has developed an automated process so that clinicians can offer autologous therapy using only a few minutes of clinician time.

3C Patch® is manufactured using only the patient’s own blood and placed directly on the hard to heal wound.






SBT Instruments aims for growth, not an exit


Ellab-Fonden has entered the group of owners of Accelerace alumnus SBT Instruments. SBT Instruments has for a while been looking for an impartial investor and we are happy they found the right match.

Ellab-Fonden, an independent Danish commercial foundation that donates to a number of charitable purposes, has entered into the group of owners of Danish startup SBT Instruments.

SBT Instruments and Ellab-Fonden share the same ambitions for the startup, an important piece in the puzzle of finding an investor for the startup.

Finding the right investors is not always easy

SBT Instruments works to provide the world with instruments to radically improve the standards of quality and hygiene control. Instead of chasing the quick exit, the founders want to build an economically viable business and grow it into the next big Danish industry company.

On LinkedIn, co-founder and CEO in SBT Instruments Gustav Skands wrote:

When you report that the goal of one’s startup does not in any way include an exit, but instead the long-term goal of building the next big Danish industrial company in a financially sound and responsible way, it can be difficult to find impartial investors who are both skilled and financially strong. For a long time, we have had a dialogue with a Danish business foundation and I am happy to announce that, just before Christmas, the Ellab Foundation took part in the owners of SBT Instruments!

The new owners provide the startup with the necessary financial powers to put action behind their vision and SBT Instruments can now put an excellent A/S behind their name.

An Accelerace alumnus with great success

SBT Instruments was founded in 2014 by three graduates from the Technical University of Denmark. During a university project, they conceived the idea of developing a bacteria sensor since they saw a global need for real-time bacteria detection.

The startup applied to be part of Accelerace and we saw the value in the technical solution. So did many others and SBT Instruments has won Venture Cup and Agro Business Park Innovation Competition in 2013, in 2014 they were finalists in Danish Tech Challenge, and among the top 8 out of more than 4,000 startups at Pioneers’ Festival 2017.



Accelerace: What we achieved in 2018


What a year 2018 was! We have so much to be grateful for in Accelerace. Among those things are all our new and old partners, collaborators, alumni, and family members. Thank you for having contributed to another year full of exciting projects and meaningful encounters.

2018 stats

We have accelerated 111 companies among our different verticals including Impact Growth, NOME, and Overkill Ventures.

We have engaged in partnerships with:

  • Nordea
  • CPH Fintech
  • Nykredit
  • Danske Bank
  • Bang & Olufsen
  • Harman Lifestyle
  • Soundhub Denmark
  • Arbejdernes Landsbank
  • Arla
  • Coop
  • Ørsted
  • Novo Nordisk – Novo Nordisk BioInnovation Institute
  • Elia

New accelerators, partners, and investments

We have started a unique matchmaking network together with Nordea to accelerate fintech solutions. We have co-founded the Copenhagen Fintech Accelerator and a Soundtech Accelerator. We have built a program for the Novo Nordisk BioInnovation Institute. We have co-founded Overkill Ventures in Latvia and made our first four investments – among these are an investment in the Danish startup Lokalist.

Accelerace is a growing family

Also, we grew NOME from 30 to 50 mentors. NOME also held a successful Annual Meeting and Startup Competition in the Maersk Tower.

We have expanded our team with 19 wonderful people ranging from students to part time-, full-time employees.

Accelerace is turning a sharp corner 

We were so excited when we won the 2018 Nordic Startup Awards for Best Accelerator/Incubator in the Nordics! We hope to be able to maintain that position in 2019 by constantly improving and engaging with the ecosystem.

Going into 2019, we are looking forward to celebrating our ten-year anniversary – we have some very exciting plans coming up and we would highly recommend you to block June 13, 2019.


Slush wrap-up: What we learned


Slush is an explosion of impressions and an important part of getting the real value out of the two days filled with networking, talks, and meetings is to take the time to reflect. Here is what we learned by participating in Slush 2018.

Nana Christiansen, Marketing Development and Stakeholder Engagement Manager

There’s clearly a much stronger interest for entrepreneurship than ever before. It’s not only about building startups. It has become a mindset and an important part of 21stcentury skills. SLUSH Academy is proof of this.

Networking at SLUSH was great, but can be overwhelming! That’s why it has been extremely important to follow up on all contacts immediately after the event to keep the dialogue going and recalling conversations. We’re so lucky to have our own Accelerace CRM/network-app to make this possible. Side events are definitely the best place to meet relevant startups and go deeper into trends and verticals. We attended interesting food and fintech events and met a lot of interesting startups and corporates.

Will Wright, Business Accelerator and Investment Manager

I was excited to learn more about SLUSH academy and that other accelerators and seed investors have also identified a real market gap with regards to founder education, skills, and mentoring. It was very much in line with our experiences, also in the deep tech world with regards to our Business Acceleration Academy (BAA) and NOME programs.

I met with some groundbreaking science-based startups through HIS and Slush Y Science such as Nanoform who are reformulating previously unusable drug molecules for patients in clinical trials and Braincare who are developing neuro-interfaces to improve the quality of life of epilepsy patients. Moreover, I had the chance to meet with and learn more about other accelerators such as Reactor who have synergies with our Baltic accelerator Overkill and new funding opportunities for our start-ups through platforms such as Funderbeam which could complement our Nordea private investor platform.

Slush, Accelerace
Will Wright together with the winner of Slush 100, Mike Solomon Founder of Meeshkan

Thomas Wiborg Steen, Business Accelerator and Investment Manager

The pitching competition Slush 100 is worth spending time on. Our startup Meeshkan ended up winning the finals, so that was a big night for all of us! On the stages, I experienced that there was a big focus on diversity in teams. Even in the Top 3 of the pitching competition, one of the teams was commented from one of the investors that their team seemed too monotone. It was also at Slush, where the annual State of the European Tech report was published which shows we still need to work on diversity and inclusion.

Lene Schackinger Juhl, Program Manager

This year, I encountered a surprisingly large amount of smart building companies and startups compared to last year’s dominance of cleantech companies and side events. So, it is always worth checking out the theme to assess focuses and manage expectations.

You have to arrive at Slush prepared. Some go and depend on luck to find the right people, but I would recommend upping the chances of good luck by surveying the possibilities beforehand: Go to the side events! This is where you find the people and experts deeply embedded in specific themes and sectors.

We brought gum with our logos on them, made by one of our alumni True Gum, that we handed out when we met with people. People loved that because you end up doing a lot of talking and a piece of gum can really save both dry mouths and bad breath.

Simone Okkels, PR Manager

There is a growing interest between the Nordic countries in collaborating as one region. I had a notion about it becoming more prevalent, Slush is one of the prime examples, but I find that it is now beginning to consolidate more in partnerships and communication, for example, with the launch of the Startup Guide Nordics at Slush this year.

Also, don’t miss out on the afterparties. There are plenty and often I would recommend people to scout for the unofficial ones where you can get to talk to and connect with people in a much more loose and friendly setting than at the actual event where people are often stressed running from meeting to meeting. In the after hours, people tend to be more relaxed and wanting to have conversations about more than the pitch they practiced. Slush is still one of the better conferences to go to – both as a company and as an individual – if you want to be inspired and network cross borders.


Accelerace alumnus wins Slush 100 competition


We in Accelerace are proud to congratulate our alumnus Meeshkan who just nailed it and won the official pitch competition Slush 100 at the world’s leading startup event, Slush, in Helsinki.

Slush attracts around 20.000 people from the tech and startup scene every year. Every year 100 startups are chosen from thousands of applicants to pitch on the main stage. One of these startups is the machine learning company and Accelerace alumnus Meeshkan who not only got into the top3 – but won the whole thing.

A shared vision is one of the keys to success

And it was a happy and overwhelmed startup founder that we met after he had delivered his final pitch and received the honor of being announced the winner in front of a packed Founder Stage.

Meeshkan is an interactive machine learning service that helps engineers build AI faster with fewer resources. And besides the pitch and the idea, Mike Solomon dedicate the victory to the shared vision of the company:

“I think, that all of us in the company internally have a common vision and that vision just through osmosis occupies everything that we are trying to do. Because the vision is so strong it spills over into the discourse of everybody, not just me. It was one of our team members, Megan, who did the initial two pitches so she was able to make it this far. I only pitched here at Slush, but that is how strong the common vision is. That we can tell it together.”

No signs of slowing down

Moving on, Mike Solomon and his team have a busy development calendar ahead of them, working on tweaking a couple of things and features and hopefully kicking off some new customer relationships after a successful Slush.

As the winner, Meeshkan will receive a service package consisting of consultancy services from PwC, branding and marketing aid from San Francisco Agency, and legal services from Dottir Attorneys. Moreover, they will get flights and accommodation to San Francisco to attend a series of exclusive dinners and meetings with venture capitalists in the Valley.


Accelerace has packed the warm clothes – and boilersuits – and has gone to Helsinki!


Accelerace cannot miss a good opportunity to connect with even more startups and corporates. That’s why you’ll find us at this year’s Slush in Helsinki. And we would be so happy if you’d stop us and say hello!

It’s beginning to look a lot like Christmas. Or so goes the old tune. To us – and a lot of other people in the startup ecosystem – it is beginning to look a lot like Slush.

We simply can’t end a year without going to Helsinki, to be immersed in the dark, cold, Finnish winter where so much warmth is spread among the entrepreneurial people of Scandinavia and the world beneath the neon lights and fog in the chambers of the Messukeskus.

Here, we meet with old friends and new, get updated on the latest trends, get inspired by the highly curated talks, and gain new knowledge from roundtables and networking.

This year, we set out with more goals in mind to create more successful corporate startup partnerships and to accelerate even more startups in our established and our new verticals:

– Nordea matchmaking:

Together with Nordea, Accelerace has created an exclusive network for private banking customers interested in investing in startups. We’ll make sure to match the most innovative companies with the right private investors with two main goals; to invest capital, resources, or knowledge, and to facilitate networking and knowledge-sharing. Want to know more? Please reach out and connect at the venue!

– Apply for our new Fintech Accelerator before January 6:

This fall, we launched our brand-new Fintech Accelerator together with Copenhagen Fintech Lab and the Danish Industry Foundation. Together with our partners Nykredit and Danske Bank, we’re ready to find the first batch of startups. If you want to apply or just want to know more don’t hesitate to reach out. Deadline is January 6, 2019.

– Learn more about our new Sound tech program:

Together with Sound Hub Denmark, Accelerace wants to leverage the existing expertise of the Danish sound and acoustics landscape by matchmaking the most promising international startups with reputable players such as Bang & Olufsen and Harman Lifestyle. The first batch has just been kicked off. Do you want to be in the next one?

– Grow with our Corporate Startup Matchmaking:

In Accelerace, we believe in bridging the best of both worlds by creating successful and sustainable partnerships between startups and corporates. We have already helped corporates such as Arla, Nordea, and Enel to form happy collaborations. Do you want to get access to new business opportunities, help to change your mindset, or strengthen your positions as an innovative organization? Then our Matchmaking program might be something for you!

We’ll be easy to spot. If you saw us at this year’s TechBBQ in Copenhagen you already know what to look for; stylish black boilersuits with our partner’s logos, and flashy, yellow caps. And if you feel a little dry-mouthed from nervousness or the dry winter air we have our pockets full of delicious, organic and completely plastic-free gum from one of our family members, True Gum.

Who can you meet at Slush?

Unfortunately, we had to leave some of the team members back in Denmark to continue the great work of Accelerace there. At Slush you’ll be able to get in direct contact with:

Nana Christiansen, Marketing Development & Stakeholder Engagement Manager

Thomas Wiborg Steen, Business Accelerator and Investment Manager, SoundTech

Will Wright, Business Accelerator and Investment Manager, NOME

Martin Holmboe, Business Accelerator and Investment Manager, Foodtech

Lene Schakinger Juhl, Program Manager

Simone Okkels, PR Manager

Connect through WhatsApp or the Slush matchmaking app.

We’re looking forward to seeing you!


7 startups from 7 countries are ready for world’s most ambitious sound accelerator program


Seven international startup companies have been chosen to participate in the world’s most ambitious accelerator program dedicated to sound tech. The program is developed by Sound Hub Denmark and Accelerace and has just been kicked off in Struer.

During the coming six months seven startups from seven different countries will work together with experts from Accelerace and Sound Hub Denmark in the newly developed sound tech accelerator to finetune, test, identify, and execute their business models. They will be able to draw on the knowledge of partners like Bang & Olufsen and Harman and have access to top of the line gear and labs in Sound Hub Denmark in Struer.

The seven companies were chosen among 30 applicants by a panel consisting of Tommy Andersen, co-founder of Libratone, Kim Rishøj, co-founder of TC Electronics, and representatives from Bang & Olufsen and Harman Lifestyle among others.

The seven startups are:

Distopik from Slovenia

Distopik is a hi-tech company aiming to create great sound and a better workflow with digital plugins for analog audio products. With Distopik’s technology, you can augment your potentiometers and switches and keep the analog sound while at the same time getting the benefits usually reserved for plugins.

Muuselabs from Belgium

Muuselabs has developed Jooki, a screen-free music and stories player for kids. Jooki lets kids enjoy music without ads and screens to engage their imagination and help them grow.

Specialwaves from Italy

Specialwaves makes modular controllers for DJ’s, producers, and musicians. The modular midi controller, Mine, consists of a case suitable for accommodating modules made of single electronic interfaces in order to offer the maximum flexibility in the creation of its configuration to fulfill the user’s needs.

Mapuguaguén from Germany and Chile

Mapuguaguén makes handmade speakers from clay combining the ancestral pottery tradition from Chile with modern wireless audio technology.

Steenssen from Denmark

Steensen makes soundbar speakers with 3D sound for homes and offices. The speakers come in three series, the Air Series, the Action Series, and the TT Series inspired by Danish design, nature, and architecture in Denmark.

Avatronics from Switzerland

Avatronics has developed the AVA Active Noise Cancellation Solution, a wide-band ANC capable of selectively canceling all unwanted noises without compromising the quality of music or speech.

Polsek from the Netherlands

Polsek is a single-founder company with a humoristic, naturalistic, and unique take on design making speakers from real coconuts. The spherical shape makes it stand out from traditional rectangular speakers, as well as greatly reducing internal resonance and external diffraction.


Accelerace strengthens fintech focus with new collaboration


Together with Nykredit, Danske Bank, and Copenhagen FinTech, Accelerace has created a new ambitious accelerator dedicated to fintechs. Copenhagen Fintech Accelerator has already raised funds from the Danish Industry Foundation. The goal is to open up the Nordic markets to foreign companies and attract fresh talents to the Danish fintech ecosystem.

Denmark will soon become the home of a unique fintech accelerator designed specifically to attract global talent to the Nordic fintech ecosystem. Copenhagen FinTech has joined forces with Accelerace to create an inclusive incubation and acceleration environment to support the international focus of the accelerator.

Two large banks, Nykredit and Danske Bank, have partnered in on the Copenhagen Fintech Accelerator, which has also been funded with more than one million Danish kroner over the course of the next 2,5 years from the Danish Industry Foundation as part of a larger global fintech alliance project under the auspices of Copenhagen FinTech.

“Accelerace has ascertained that within the realm of tech, fintech is the sector moving the fastest. There is a recognized need from the end users. A need for innovation in the infrastructure and the services that the banks provide. The banks are aware of this and have been aware of it for years. That means, that they know more about what it takes to collaborate with startups than many other established lines of businesses and that sets the bar high for both the future partnerships and for the work in Copenhagen Fintech Accelerator,” says Anders Handlos Grauslund, Business Accelerator and Investment Manager in Accelerace.

Where Copenhagen FinTech has an incubation environment and a deep network into Danish fintech, Accelerace has a proven and successful mentor model and a model to create sustainable corporate startup collaborations.

“The combination of complimentary offers makes this a unique accelerator. To the companies, we can offer a place to work from, a network, a corps of mentors, a solid accelerator program, and the opportunity of getting a preseed investment or the possibility of collaborating with one of our strong partners.”

The industrial sectors are fusing

“One of the most interesting aspects of the project is, that the boundaries between the different sectors are fusing. As soon as a company reaches a certain size it will have to contain both a finance department, insurance, daily banking and so on. I 2018, The Danish Industry Foundation came up with a new strategy that broadens the understanding of the term industrial. We expect that much of the technology that fintechs are early adopters of will be part of the industry as well. It makes more and more sense that fintech and the classical industry blend,” says Ole Østrup, Chief of Communication in the Danish Industry Foundation, which supports the acceleration program through the initiative “Global FinTech Alliances for Growth”.

Copenhagen Fintech, which proposed the idea to the Danish Industry Foundation, was initially founded to grow the Danish fintech ecosystem. The organization built the incubator Copenhagen Fintech Lab but had more in mind from the beginning; the ambition to create an application-based program targeting both Danish and International startups to attract more foreign talent and growth companies, says Simon Schou, Chief Innovation Officer in Copenhagen FinTech.

“We needed a program with international scale. With the new Copenhagen Fintech Accelerator, we are taking the next step in our vision of creating a strong fintech innovation environment in Denmark. We want to accelerate startups faster, and we hope to be able to supplement the pool of talent in the Danish ecosystem. Denmark can become a gateway to attract foreign talents to all of the Nordics,” he says.

Two of the biggest banks in Denmark are partnering with Copenhagen Fintech Accelerator

Both Nykredit and Danske Bank are partners in Copenhagen Fintech Accelerator. Together the two banks span almost every service that anyone anywhere in Denmark will ever need from a financial institution. And both banks agree that they need new ideas from startups to be on top of their game in a national as well as a Nordic context.

“We want to be part of turning Denmark and the Nordics into a whole as an area that takes the lead in generating new innovative fintech companies. The better the ecosystem is, the better the banks will also be. We see this initiative as an opportunity to support this formation and invest in it so we, too, can integrate the best solutions into our business and deliver the best services to our customers,” says Jon Schäffer, Head of Strategic Partnerships in Danske Bank.

Over the course of the latter five years, the banks have come to realize that they cannot develop new solutions fast enough of a high enough caliber without agile partners that comes with new inspiration and perspectives to the established corporates. But It is also of great importance to the banks to provide value to the environment.

“First and foremost, we see this project as a great opportunity to strengthen our network and establish new dialogues with fintech, that think of and see differently on some of the challenges we try to solve in Nykredit. This also means that we want to go actively into the project as a sounding board to the companies and continue working with that or the fintechs that comes up with the strongest solutions to fit our needs,” says Morten Møller Madsen, Executive Vice President in Nykredit.

The accelerator is part of a project under the alliance collaboration “Global FinTech Alliances for Growth”. Read more about it at

About Copenhagen Fintech Accelerator:

The goal of Copenhagen Fintech Accelerator is to level up the value proposition for fintechs to attract international talent and to unite the Nordic ecosystem by creating a second-to-none fintech ecosystem accelerator with world-class mentoring and corporate partnerships to fuel innovation and create growth.

Copenhagen Fintech Accelerator is built on four pillars; a world-class accelerator, strong Nordic corporate partnerships, a dedicated seed fund, and a unique co-working space.

The accelerator is sprint based and will run from November 2018 until June 2019 and will accelerate six startups in the first batch.


Accelerace elected as The Best Accelerator in the Nordics


Are we dreaming? At the Nordic Startup Awards Grand Finale Award Show, Accelerace took home the prize as The Best Accelerator in the Nordics, an absolute milestone in our 2018.

We had to pinch ourselves when the winner of the Nordic Startup Awards Grand Finale was announced in Østre Gasværk the 30th of October. A day we had been looking forward too ever since TechBBQ where we won the title of the best accelerator in Denmark at the Danish Finals of Nordic Startup Awards. Could we go all the way?

Being up against such strong competition as Katapult, Sting – Stockholm Innovation and Growth, Kiuas Accelerator, and Startup Reykjavik pose, we were anxiously awaiting the results sitting at the edge of our seats in the audience. Oh my, were we thrilled when our name boomed out into the theatre!

Together we can build a stronger community

Every day we wake up wanting to not only inspire startups to outdo themselves but to help them conquer challenges, built successful partnerships, and establish sustainable relations. Together, we can build a stronger community for the Danish and Nordic startup ecosystem.

In Accelerace, we love to see our startups thrive. Another milestone of the evening was when one of our alumni could enter the stage as The Startup of the Year. A big congratulations to Templafy.

And a big congratulations to all the other winners of the night. To all the nominated. And a big thank you to everyone who voted for us.

Thank you all for believing in us, our work, our partners, and our startups. You make it all worth it!


Six Accelerace alumni competing in DM in growth


The cross-regional growth initiative Scale-Up Denmark will Thursday the 1st of November elect the one company with the largest growth potential in Denmark. Out of 11 finalists, 6 are Accelerace alumni.

It is time for the annual Scale-Up Denmark Grand Finale. An award show where the chosen startups from the elite training program compete for the title of the most promising growth company in Denmark.

A strong field of Accelerace alumni

Six out of the eleven finalists in the Scale-Up Denmark Grand Finale event are Accelerace alumni.

PreCure from Allinge. A company that has developed a system that can prevent disabilities and improving the rehabilitation for patients with a ‘tennis elbow’ by warning when a load becomes too large, too long or too high.

MethylDetect from Aalborg, that make cost-effective gene-specific DNA methylation assays based upon MS-HRM technique available for researchers.

TastePlease from Copenhagen, a new social dining concept that seeks to revolutionize the way we dine, meet and interact.

Meeshkan, also from Copenhagen, that has developed a network where you can train and test Machine Learning models in a massively parallel way on distributed nodes comprised of participating host devices.

BioCover from Vejen that is specialized in the sustainable use of organic fertilizers (slurry). Biocover has developed the SyreN system for application of slurry to farmland.

MM Technologies from Viby strives to develop products that will make a difference in the IoT industry. They make complex data-logging and interconnection of normally non-compatible systems and sensors possible and easy.

The companies expect a rise in revenue of 8,5 billion DKR

Accelerace is one of the four operators that run the Scale-Up Denmark centers. Since the initiative was launched a little more than 18 months ago, 145 companies have been through the elite training program. The general assessment among the startups is that the program has had a significant positive impact on them, and according to Scale-Up Denmark the companies expect a rise in revenue of 8,5 billion Danish kroner during the coming five years after having participated in the program.

Scale-Up Denmark was launched by the five Danish Regions, the Confederation of Danish Industry, the Danish Business Authority, and The Danish Chamber of Commerce. The goal was to create more and larger growth companies in Denmark. Scale-Up Denmark offers potential growth companies to participate in an elite training program which results in a strategy for accelerated growth.

The Scale-Up Denmark Grand Finale sets an important agenda

The initiative has now passed half of its lifetime and so far the results are successful. For every Danish krone that the public sector has put into the program, eight kroner have been attracted from private investors.

“Growth, expansion, and innovation in small and medium-sized companies are a crucial part of the companies creating new jobs and have a strong position in the global competition. Scale-Up Denmark’s elite training programs play an important part in leveraging the startups. With the Grand Finale, Scale-Up Denmark sets a very important agenda for the industrial development in Denmark,” says Brian Mikkelsen, CEO at The Danish Chamber of Commerce.


One turns into eight: Scale-Up Denmark yields a good profit


18 months ago, the Danish Regions launched in collaboration with the Ministry of Industry, Business and Financial Affairs one of the largest cross-regional initiatives in Denmark for growth companies. The 3-year initiative named Scale-Up Denmark has now passed half of its lifetime and some exciting results can already be spotted.

During the past 18 months, Accelerace as one of the four operators driving Scale-Up Denmark has screened 2244 growth companies from Denmark and abroad which possess scale-up potential within welfare tech, life science, IT, clean tech, and food tech.

Only112 out of those companies have been selected to become part of the cross-regional initiative. And that curation has turned out to be an important piece of reaching the goals of Scale-Up Denmark. The initiative started as an elite training program, more ambitious than previous efforts, to grow companies and make them capable of attracting private investment and thus creating more jobs.

A financial success story

The initiative has midway in its lifetime proven to be a success according to a midterm evaluation done by COWI. For every Danish krone that the public sector has put into the program, eight kroner have been attracted from private investors.

“The Accelerace-supported companies that have been part of those Scale-Up Denmark centers are responsible for having collectively raised more than 170 million Danish kroner. The compiled expenses for those same areas amount to just under 18 million Danish kroner in the first 18 months. That means, that for every public krone invested by the public sector, eight Danish kroner have been invested by the private sector,” says Accelerace CEO Peter Torstensen.

An elitist focus ensures the quality

Peter believes that the initial elitist focus is a big part of the companies’ success. The goal was to only accept 14 percent of the screened companies. For comparison, the goal is 27 percent for the other initiatives within the Regional Fund’s strategy for creating more growth companies.

“From day one, there is a market-related assessment of the potential with this model just as the model ensures that a fruitful and close collaboration is created between the startups and the corporates investing in the entrepreneurs. If a company cannot raise the initial financing, it will not be selected because the logic in the model is that the market then does not believe enough in the business potential.”


Celebrate the Nordic Life Science ecosystem with us


Be part of the biggest life science event in Denmark when the NOME Annual Meeting takes place in the Maersk Tower on the 24 October 2018. All industry stakeholders will gather and celebrate the thriving Nordic life science sector – and this year’s winner of the Startup Competition.

If you want to know what is going on within life science, you can’t miss out on this one. This Wednesday,  the Nordic Mentor Network for Entrepreneurship will host the NOME Annual Meeting. Startups, NOME mentors, life science stakeholders, and experts will all gather in the Maersk Tower in Copenhagen for this unique opportunity to share knowledge and network across the ecosystem.

On this day, NOME will also host the NOME Start-up Competition where you can meet high-quality life science startups from all over the Nordics. The selected startups will be pitching on stage, competing for the first prize of 50.000 kroner and a spot in the NOME program.

Healthcare visionary Homan Panahi will be the keynote speaker

As an extra treat, this year’s keynote will be held by CEO of Vator Securities, Homan Panahi, a visionary within healthcare.

Homan Panahi founded Vator Securities to take an active part in building and providing growth companies in life science, medical technologies, and diagnostics with an extensive range of capital markets and advisory services. These emerging companies were often overlooked by the big investment banks, he thought while studying for his Ph.D. in Stockholm. Today, Vator Securities has executed 6 life science IPO’s since 2014, of whom 3 have passed the billion SEK market cap as public companies.

At the Annual Meeting, Homan Panahi will share his personal story on moving from Teheran to Stockholm and becoming a key part in fueling the growth of Nordic health tech companies from beginning to IPO. Read more about Homan Panahi and Vator Securities here.

Secure your free ticket now

Don’t wait any longer and get your free ticket now.

Last year’s Annual Meeting was a big success. Watch the after movie here:


Nozomi secures $30 million in Series C funding


Accelerace alumnus Nozomi Networks, an industrial cybersecurity company, has secured a $30 million Series C. The capital is earmarked to position the company better to sell its services and enter new markets.

We would like to express a big congratulations to our former alumnus Nozomi Networks. The industrial cybersecurity company has just secured a Series C funding of $30 million.

The investment, led by Planven Investments, GGV Capital, Lux Capital, Energize Ventures, and THI Investments, will be put into entering new markets and better position the company to sell its services.

Employing high tech in the energy sector

Back in 2015, Nozomi Networks was a part of the INSENSe programme runs by Accelerace together with ENEL, Endesa, and FundingBox. INSENSe is short for INternet Cleantech ENablers Spark projects and aimed to foster innovation and high tech employment in the European Energy Sector.

Nozomi Networks is founded by Andrea Carcano and Moreno Carullo in Switzerland. The company is now headquartered in San Francisco. The company delivers an innovative solution for real-time cybersecurity and operational visibility for industrial control networks to detect threats before they hit.

A 150 million dollar valuation

The Italian energy company ENEL gave Nozomi Networks one of its first tasks cybersecurity security challenges in ENEL’s systems.

In January 2018 Nozomi secured another investment of $15 million. With the new Series C, the company’s valuation is at $150 million.

“Big, big congratulations to Andrea Carcano and the Nozomi team with the 30 million dollars investment. Nozomi Networks is an Accelerace Alumni company that we know well, and we follow their endeavors with excitement. We hope the investment will help them expand further,” says Jes Nordentoft, Business Accelerator & Investment Manager in Accelerace.


Accelerace wins Best Accelerator Program at Nordic Startup Awards


We’re so happy to announce that Accelerace defended the title as best Accelerator/Incubator in Denmark at the Nordic Startup Awards.

Seated in the audience in Øksnehallen awaiting the results of the Danish Nordic Startup Awards Finals we could almost not believe our ears when Accelerace was called out as the winner of Best Accelerator/Incubator 2018. A title we were eager to defend from last year, a title we were proud of, and a name we wanted to live up to.

We work hard every day to be a valuable part of the startup ecosystem in Denmark and globally, to help startups not only survive, but to thrive, and to connect the partners that can benefit from each other and make all of us stronger together.

Together we fly

We have accelerated more than 500 startups and we are nowhere near slowing down. We were founded with a rebellious spirit, with curiosity, resilience, and a lofty objective: To take great technologies of tomorrow and even greater teams under our wings to make them fly.

Thank you to all startups, investors, partners, supporters, ecosystem heroes, and friends that voted for us and that believe in us every day. And a big congratulations to all the other winners and runner-ups!

See you at the Regional finals!


The future of sound is found in the heart of Denmark


The most ambitious audio hub in Denmark is getting ready to accept startups into its accelerator program that will propel sound startups into stardom. And the facilities speak for themselves; in the more than 3100 m2 space, startups will get access to unique facilities such as a robustness lab, listening rooms, and the Cube.

A new tune is vibrating from the heart of Denmark. Here in Struer, the city known as the City of Sound, the country’s most ambitious sound tech accelerator soon will open its doors to national and international audio and music startups.

And the startups are in for a treat. Sound Hub Denmark, which the accelerator has been called, is a three-pronged concept consisting of a co-working space, a knowledge space, and a maker space. In the hub, the startups will get access to test facilities and devices rarely found in Denmark – or in Northern Europe.

A cube with a knack for finetuning

One of these is the speaker measurement cube, or just the Cube, one of the largest privately owned acoustic measuring facilities in the world. It is a valuable tool in speaker design, making the process faster and better. Measurements early in the design process are used to fast selection of drivers and prototyping of crossover and signal to process for real listening tests. In the later stages, measurements are used for finetuning the solution.

The core of the Cube is the 12 x 12 x 13-meter cube, which allows the pure signal from the speaker without any reflections to be gated and recorded for 25 ms. The loudspeaker is placed on a computer controlled, a movable platform, that moves it to the chosen distance from the microphone. The platform can be turned 360 degrees. This allows measurements of the sound field from the loudspeaker in every possible angle at the chosen distance.

With an impulse or a frequency sweep signal feed to the speaker, the recorded signal can be analyzed and calculated for all speaker parameters s.a. amplitude and phase response down to 40 Hz, sound pressure levels, sensitivity, impedance, rub & buzz, THD, power response, and radiation contours. With these data, you can design faster and better.

A new year, a new beginning

Sound Hub Denmark expects to embark on the first accelerator program at the beginning of 2019 where Accelerace, responsible for running the 6-month program, will have selected ten startups for the course.

“Startups can’t rely solely on money to succeed in reaching their goals. They also need an array of resources like access to knowledge and test facilities, which is especially important to startups working with physical products. With the new Sound Hub Denmark we are gathering all these resources in one place, where the whole package is made available to startups in our accelerator,” says Thomas Wiborg Steen, Business Accelerator and Investment Manager, Accelerace.


Meet Accelerace at TechBBQ 2018


The annual family gathering of the Danish tech ecosystem is upon us – and Accelerace wouldn’t want to miss it. A large part of our team will be a TechBBQ both days and we have a lot planned for our visitors! 

If you want to perfect your elevator pitch, hear about the opportunities in Accelerace, get to know the latest trends in health tech, how startups and corporates can benefit from each other, or know what a startup tsunami is, then come by our pitch bus outside Øksnehallen and our pitch elevator inside the venue.

We are looking forward to seeing you at TechBBQ 2018!

TechBBQ, Accelerace, pitchbus, pitchelevator


Meeshkan allowing machine learning predictions on all type of infrastructure


Participating in Accelerace is more than accelerating your business. It is a community where you get access to a broad network of inspiration and knowledge. You can become part of it too! The next deadline for our Open Call is coming up. Therefore, we have interviewed three alumni about what Accelerace has meant to them. The second founder in our mini-series is Mike Solomon from Meeshkan.

What has been the biggest aha moment participating in Accelerace?

By far when we had our first lab. It was supposed to be about marketing. I came in knowing that wehad more or less changed our beachhead completely the week before and did not know if the lab would still be useful.  On top of that, everything I had done the week before was completely linked to the new beachhead and had nothing to do with marketing. I felt like a student who didn’t do their homework! The coaches quickly picked up on this shift, but their reaction was one of elation, not of disappointment. To them, pivoting meant we were in touch with our customers and willing to let go of ideas that don’t work.  In school, you learn to solve the assignment one has given to you, but that is the quickest way to fail as an entrepreneur. The “aha” moment was realizing, in a very tangible and visceral way, the difference between academia and entrepreneurship.

If you could only share one radical learning what would it be?

Picking only one is tough! One radical learning is how important it is to get the right team behind your project, from your board to your investors to your advisors to your employees.  In other settings I was in, the team grew out of a long-standing organic collaboration or was decided for me. Here, the process has been different, and it has helped me learn the value of spending time building the right team and creating a healthy company culture.  This requires constant communication with the entire team as well as a big dose of humility regarding your own strengths and weaknesses. One fun outgrowth of this learning is that we have a coach that helps us run our team meetings, which means instead of people exchanging monologues about what we did last week, we have someone that comes in and provokes us to really communicate.

Which challenges did you struggle with that made you choose Accelerace?

My main struggle was that I was a first-time founder. When I applied to Accelerace in November 2017, it was only a few months after having written the initial code for Meeshkan.  It seemed like a natural and obvious choice given how founder-centric they are in their approach, and I’d recommend it for anyone in that position.

How did Accelerace help you overcome the challenges?

I got an MBA at the University of David Ventzel. He gave me a solid understanding of the fundamentals of the startup world and tailored his approach to fit my needs.  He also gave painfully honest feedback when necessary, which helped the project grow immensely. I also met so many fantastic people and companies through Accelerace, for which I am very grateful.

Which other ideas or innovations from the other alumni have you been impressed by?

I like Amie and the fact that they’re a strong tech team and have high ambitions building a platform for collecting and structuring data for science and research purposes. Also, the founder of VI.ER.AKVAVIT, Frederick-Sebastian, is a good friend of mine now. I’m very impressed with the way he has pivoted to a new business model.

What is your best tip for application?

To be completely honest. Everybody wants to get in, so some try to make their own business look better or more mature than it is. But if you have a mature business, you don’t need to be in an accelerator. Accelerace is looking to accelerate startups so be honest with where you’re at and impress them with your potential.

Interested? Apply and join our startup family:

About the founder

Mike Solomon is the founder of Meeshkan. Meeshkan is a network where you can train and test Machine Learning models in a massively parallel way on distributed nodes comprised of participating host devices.

Edited September 26, 2018

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Accelerace export growth model to the Baltic States: A new gate way to Eastern Europe


What should the ultimate accelerator consist of? That was a question that capacities behind Accelerace and international tech companies asked themselves. The answer is Overkill Ventures. An early stage venture fund and modern accelerator based centrally in the Baltic States from where it will create growth in the East and Scandinavia.

”It is the first time where we build an accelerator from scratch. Accelerace and Techstars are both older concepts. We have learned a lot. We have used that experience to create a new accelerator model targeting startups. We have taken all our learning and mistakes into consideration and asked ourselves how the most modern accelerator would look like. It would look like Overkill Ventures.”

So says David Ventzel. He is a partner and investment manager in Accelerace and now also a partner in Overkill Ventures, which he has built together with partners Peter Marculans, former program manager in TechStars, and Dmitry Saikovsky, former M&A in Lattelecom.
Overkill Ventures is a new early-stage venture fund, developed from the Danish accelerator model behind Accelerace, and supported by the communications company Lattelecom and the financial institution Altum.

The best from Accelerace

Since 2008, Accelerace har chosen, trained, and invested in more than 500 promising Danish and international startups. 88 percent of these are still on the market today. That is the success story that Overkill Ventures has adopted large parts of, mixed with blood from the Techstars concept, and transferred to the ecosystem in Riga.

“Riga is the country in the Baltic States with the closest ties to Russia and Central- and Eastern Europe. It is a strategic decision to be based here. From here we will be able to attract deal flows from countries such as Ukraine, Belarus, And Russia, countries where we also see a lot of exciting startups and talented software developers,” says David Ventzel.

Close to the home of Bitfury, Transferwise, and Taxify

It is from the Baltic States that we find successes like the fintech startup Transferwise, the Uber competitor Taxify, and one of the World’s largest full-service blockchain companies Bitfury, just like Skype had the entire development department located here. That has created a wave of innovation since the techies from here have begun to invest in the region. But so far, there hasn’t been too much attention put into creating accelerators to spur growth. Until now.

“No other accelerators have as strong and as thoroughly tested a concept as ours. Our concept is founded on all the knowledge compiled in Accelerace combined with Peter Maculans’ experiences from TechStars. As an accelerator, we stand strong. From Riga, we can expand our brand to the entire Baltikum, Ukraine, or Belarus. We see a lot of unused potentials here. Everyone looks to London or Berlin. But the future is also here. The competition is not yet, though,” says David Ventzel.

First batch is chosen

Overkill Ventures was launched in January and has now selected the first batch of startups to accelerate. Overkill Ventures is primarily targeting Baltic startups working within digital tools to support the work of professionals.

“But it is also interesting to Denmark since the Baltic States have close ties to Scandinavia. The countries see themselves as a part of the Nordics. Strategically it is also a good place to be for a small country like Denmark if we want a closer connection and better insight into the great Eastern Europe. Riga is a gateway to the region, just like Hong Kong or Singapore are gateways to China and South East Asia,” says David Ventzel.


Via Science on how Accelerace can help you build trust in the ecosystem


Participating in Accelerace is more than accelerating your business. It is a community where you get access to a broad network of inspiration and knowledge. You can become part of it too but the next deadline for our Open Call is coming up. Therefore, we have interviewed alumni about what Accelerace has meant to them. Via Science CEO Colin Gounden and CSO Jeremy Taylor share their story with us. 


What has been the biggest aha moment during your Accelerace journey?
Colin: The biggest aha moment was when we received feedback to be more tangible with examples in our pitch. For instance, we often talked about how our Trusted Analytics Chain (TAC) application helped pool data to improve AI learning. Accelerace helped us create a concrete example where a company doesn’t have enough data on its own and it, therefore, makes sense to pool data. An example is in electrical transformers. These transformers only fail at a rate of 0.5% year. So if a utility has 1,000 transformers, it will only have 5 examples of failures per year. An AI algorithm might need 1,000 examples of failure to make a good model. Either the utility will need 200 years of failures (which it won’t have) or it can use 20 years of failures from 9 other companies.

Jeremy: The biggest aha moment for me came when using the template to construct a unique value proposition that included both its benefits (KPI-like features) and values (emotional reactions from customers). The workshop also helped me to reformulate our benefit from ‘10x more data to build a preventive maintenance model’ to ‘10x quicker to build a preventive maintenance model that works’ which is a very powerful reframing.

If you could only share one radical learning what would it be?
In a situation with imperfect information, you need to identify and dominate a Beachhead — a segment of customers who suffer again and again from a problem that you can help them solve and who find existing solutions inadequate.

Which challenges did you struggle with that made you choose Accelerace, and how did the program help you overcome them?
TSOs and DSOs in Europe are facing huge pressure to innovate and are looking for trustworthy partners to help them. Building that trust, particularly from our North American base is a challenge. Accelerace, even before the official program kick-off, started to make introductions on our behalf. As their team is trusted by all the major TSOs and DSOs, they have been invaluable in helping us have thoughtful discussions with key decision makers.

Which other ideas or innovations from the other alumni have you been impressed by?
Jeremy: Before I knew they were an Accelerace alumnus, I rented a Donkey Republic bike for my stay in Copenhagen. I was very impressed by the story of how they came to the product-market fit which made it possible for me to rent a bike and be able to return it, trouble free, minutes before heading to the airport. I also think there is great potential in the augmented and virtual reality startups, particularly with a focus on training.

What is your best tip for startups which are about to apply?
Meeting in advance! Application forms are great but nothing makes you stand out like actually presenting your case and meeting the individuals first. We actually started conversations with Accelerace before the Cleantech program application rounds started.

Interested? Join our startup family and apply before 2 September:

Via Science was founded in 2016 to solve asset management and operational issues alongside key players in the energy industry. They have developed a blockchain-based application, the TAC, which is the bridge to securely connect company data, distributed across many locations, to potential AI solutions. As CEO of VIA, Colin Gounden has led the company’s entry and expansion in the energy industry and initiated the development of VIA’s blockchain application, Trusted Analytics Chain (TAC), to meet the high data security needs required to make AI applications successful in energy. As Chief Scientific Officer of VIA, Jeremy is responsible for developing state-of-the-art research in AI and particularly distributed learning to help benefit VIA’s energy clients.


New fintech collaboration between Accelerace and Arbejdernes Landsbank to strengthen tech and banking experience


To make sure to stay on top of the ever-changing world of finance, Arbejdernes Landsbank is collaborating with Europe’s top accelerator to find, select, and train the best fintech startups. The engagement will be beneficial to the bank, the startups, and the clients of Arbejdernes Landsbank.

Arbejdernes Landsbank and Accelerace are excited to work together on finding and selecting the very best fintech startups and bringing these into contact with the product specialists and API resources within the bank. The goal of the collaboration is to enable partnering between one of Denmark’s most customer-friendly, fast growing and modern banks and one of the world’s premier fintech ecosystems.

“We believe, that Accelerace can implement a more structured approach towards fintech. Accelerace is known to keep its finger on the pulse which makes it easier for us to find what we as a bank are looking for. Our goal is to find good, simple, and innovative solutions for our clients and for ourselves to free up more time that we can spend with our clients” says Simon Jørgensen, Director of Strategy and Business Development at Arbejdernes Landsbank.


Startups get access to +250.000 customers

Arbejdernes Landsbank will closely collaborate with the selected startups and put the bank’s infrastructure at the companies’ disposal in order to meet the defined goals. As a benefit for the selected fintech startups, Arbejdernes Landsbank can provide interaction with the +250’000 customers of the bank, along with access to senior bank executives and specialists.


Towards a true commercial collaboration

Arbejdernes Landsbank and Accelerace are committed to make the collaboration a true value driver for both the fintech startups and the bank. All selected startups will get the chance to participate in actual proof of concept tests and will be on the way towards a true commercial collaboration.

“Through our extensive venture scouting, we only pick the very best startups to pitch to the bank. In that way, we make sure that the companies have real value to offer to the bank and the customers, and that the bank and the infrastructure it provides will be put to good use” says Anders Handlos Grauslund, Project Manager, Accelerace and adds: “We have a long line of success in selecting startups – we will now use that experience for the fintech space.”

Accelerace will be scouting for the first batch of startups and present them to Arbejdernes Landsbank this fall.


Apply your startup here:










Accelerace alumnus raises millions to put seaweed back on the menu


The Danish start-up Nordisk Tang has received a million dollar investment to become a part of the future of underwater farming. The Danish startup has access to a special fermentation process that makes vitamins such as K, and B12, and the healthy omega fatty acids much more obtainable to the body, while at the same time eliminating the allergens causing allergy to shellfish.

The Norwegian company Arctic Seaweed has invested millions in the Danish startup, Nordisk Tang.

Nordisk Tang, an Accelerace alumnus who specializes in seaweed, wants to bring seaweed back on the dining table as one of the most sustainable ingredients out there. And with the vast coastline of Denmark, they see a huge unused business potential.

Technology unleashes the power of seaweed

It isn’t just the raw ingredients that the new investor is interested in. To a great extent, it is also the knowledge and technology that lies in the fermentation process Nordisk Tang has access to.

“We see a huge potential in seaweed as an ingredient in other foodstuffs. Through a special fermentation process, the seaweed becomes very interesting regarding reducing sodium levels in food, as a binding agent, and to bring forth the umami flavour. With the fermentation we can make many of the bioactive compounds in the seaweed much more obtainable to the body,” says CEO Kristian S. Ottesen.

The compounds can be, for example, vitamin K and B12, which help the blood clot, prevent osteoporosis, and help mitosis, and the healthy fatty acids omega 3, 6, and 9. Further, the fermentation process can also break down the allergens causing allergy to shellfish.

“It is a perfect fit between the two companies – the collaboration around the extended value stream give both Arctic Seaweed AS and Nordisk Tang enourmous benefits. We must presume that in the very near future the competition on the market will increase, also from some of the bigger fishing companies, and with our partnership, we will be in a strong position with access to all processes,” says Kristian S. Ottesen.

An opportunity the Norwegians couldn’t refuse

About the collaboration Managing Director in Arctic Seaweed, Kim Kristensen, says:

“We have convergent ambitions which form the basis of an array of strong synergies, and that we can easily and efficiently capitalize on. It was very natural for us to seize the opportunity to make a strategic investment in Nordisk Tang. Together, we can develop a solid and complete value chain based on a common set of core values. The potential in this partnership is huge.”

Earlier, Nordisk Tang has received private investments. The company has also been a part of the start-up accelerator Accelerace.

A family history of seaweed

As part of the accelerator programme, the founders were coached in how to create real value from the investments through sales plans and market identification. Something that has been a great help for the company going forward.

“Nordisk Tang has particularly strong competencies within seaweed, and the family has a long history within the area. The father Bjarne Ottesen is chief of development and has been the primary driving force in the accumulation of the vast knowledge in the company about the biology of seaweed, the bioactive compounds, the nutrition value, and health benefits to humans,” says Claus Strand Kristensen, Partner and Investment Manager in Accelerace and continues:

“In combination with the expertise in the product, the son Kristian Ottesen, the CEO of the company, has a strong commercial background and functions as the merchant of the company. Nordisk Tang now has a robust product portfolio, contracts with distribution channels in Denmark, and has started exporting to Germany, Sweden, and Norway.”

In 2018, Nordisk Tang seeks to double their revenue, and the company reveals that they have upwards of five new products focusing on the health benefits of the fermentation process in the pipeline ready for launch.



Accelerace partners up with the Solar Impulse Foundation to find 1000 efficient solutions


In a global effort, The Solar Impulse Foundation is selecting 1000 efficient solutions that protect the environment. Solutions that founder Bertrand Piccard will be presenting to high-level decision-makers at COP24 in December. Accelerace has joined in the effort to bridge the gap between ecology and economy. 

If a silver, light-weight plane with a wingspan to make even the largest albatross jealous comes to your mind when you hear the name Bertrand Piccard you are not all wrong. In 2015, Bertrand Piccard and co-pilot Andre Borschberg flew around the world in their specially built solar plane forever changing what was thought possible.

Following the success of the 40.000-mile flight without the use of a single drop of fuel, Bertrand Piccard and his company The Solar Impulse Foundation are now calling the world to embrace clean technologies and efficient solutions because they are much more than ecological – they are logical.

The #1000Solutions challenge

The World Alliance for Efficient Solutions, an initiative created by the Solar Impulse Foundation, is now looking for innovators with efficient solutions to protect the environment in a profitable way. Once submitted, the solutions will be assessed by independent experts on their technological feasibility, socio-environmental benefits, and profitability.

If they meet these criteria, they will be awarded the Solar Impulse Efficient Solution Label and included in the 1000 solutions portfolio. Bertrand Piccard will present this catalog at the COP24 in Poland in December before setting off on a third round the world tour to raise their profile among decision-makers, media and investors in order to fast-track their implementation.

Accelerace has collaborated with The World Alliance for Efficient Solutions to bridge the gap between ecology and economy hopefully exposing and presenting the best Nordic cleantech startups to the world.

”We are huge fans of Bertrand Piccard. His round-the-world trip in the revolutionary solar airplane really puts the way in which we use and produce energy in perspective. We are proud of collaborating with the Solar Impulse Foundation and see great possibilities for our talented cleantech companies to be exposed to international companies like Nestlé, Enige, BNP Paribas, and Air Liquide. All companies interested in building a green future,” says Jes Nordentoft, Business Accelerator and Project Manager at Accelerace.

Accelerace encourages all cleantech startups to join and submit their solutions, free of charge. Sign up here.


Accelerace again shortlisted as best Nordic accelerator


We at Accelerace are proud to announce that we’ve been shortlisted as the best accelerator in the Nordics once again. Each year, the Nordic Startup Awards celebrate the startup ecosystem which also lies close to the heart of the work we do at Accelerace.

The grand award ceremony at the end of October in Copenhagen will highlight the innovative startup ecosystem and reward the greatest organizations and initiatives. Accelerace is shortlisted as the best Danish accelerator, and we are proud of that!

Accelerace has previously won the award as the best professional investor in 2015, the best accelerator program in 2015 & 2016 for our corporate accelerator (Next Step Challenge) and the prize of the best accelerator in 2017.

This year, we are in close competition with the awesome organizations CSE, Green Tech Challenge, Danish Tech Challenge, and Inno Founder. Of course, we want to defend last year’s title and we humbly ask for your vote.


Here are a couple of reasons why:

  • Since the last award ceremony, Accelerace has launched a new acceleration program focusing on Soundtech startups. In collaboration with Sound Hub Denmark, we have created a tailored accelerator program providing sound startups access to state-of-the-art testing facilities and makerspaces for developing their products. 
  • We have launched an exclusive investor matchmaking network together with Nordea. 
  • We have co-founded Overkill Ventures, a Latvian early stage venture fund investing in overkillers – startup founders that walk the extra mile, disobey social norms and work smarter to succeed.
  • We have supported startups to raise +200 million DKK investments.
  • Our team has grown by having welcomed a bunch of new team members. They are a big part of the reason why Accelerace is the organization that startups in Denmark and abroad know and love.
  • We have accelerated 113 startups all in all across our programs in the last year.

Our startups are nominated too!

Our track record speaks for itself

We are one of the world’s top 10 seed accelerators and our CEO is listed among the top 100 most influential tech accelerator leaders globally. Since 2008, we have spotted, trained, and invested in more than 500 of the most promising Danish and international startups and growth companies – 88 percent of them are still on the market today. As part of the national Scale-up Denmark initiative, Accelerace is scaling businesses within tech, foodtech, cleantech, life science & biotech, and medtech & health care technologies. We have partnerships with Coop, Novo Nordisk, Arla, Foss, NRGi, Nordea, Bang & Olufsen, Elia & Enel, and we are organizing the Nordic Mentor Network for Entrepreneurship.

We hope to get your vote before the deadline on 16 August. Vote for us here!


Accelerace and Sound Hub Denmark launch most ambitious sound cluster


The remodeling has begun after Sound Hub Denmark got the financing settled, 50 million Danish kroner to develop the future acoustic and sound startups. Accelerace is behind the tailored accelerator program providing the sound startups with great possibilities for scaling.

With 50 million Danish kroner and a tailored accelerator program, Denmark’s most ambitious sound cluster is ready to scale the future’s best sound and acoustic startups from the whole world.

The hub, which is located in Struer also known to Danes as the City of Sound, will house both scientists, entrepreneurs, and corporates and shine the light on a partly overlooked potential:

“There is an untapped potential in Denmark when it comes to audio and acoustic. With companies like Bang & Olufsen and Libratone, we have proved that we can create international successes. But we believe, there is also a strong startup potential that is not being utilized sufficiently,” says Peter Torstensen, CEO in Accelerace.

Strong national and international partnerships

Accelerace is a partner in Sound Hub Denmark together with Aalborg Universitet, Danish Sound Network, Struer Kommune, Færchfonden, and the internationally acclaimed businesses Bang & Olufsen and Harman Lifestyle.

The ambition is to create a global ecosystem with international partners where all competencies are gathered in one place.

In collaboration with Sound Hub Denmark, Accelerace has created a tailored accelerator program that provides the startups with access to state of the art facilities, co-working, and maker spaces.

The first batch starts in September

Accelerace will leverage the existing expertise of the Danish sound and acoustics landscape by recruiting and matchmaking the most promising international startups with reputable audio corporates.

The remodeling of the facilities has begun, and the first batch of startups will be entering the accelerator in September 2018.

For more information about the accelerator program click here:

For more information about Accelerace and the team click here:

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Former Accelerace alumni Freetrailer IPO’s with a running start


Freetrailer built great momentum before the company’s IPO at the Spotlight Stock Market June 14th. The shares offered to the investors were subscribed almost five times ending at a subscription for 36 million Danish kroner. 

In Jutland, the joke is that you can’t live without one. Now it seems that most of Denmark and the Nordics agree. Freetrailer’s trailers are on the roads from Skagen to Malmö, and now the company can also be found in many investors portfolios.

The former Accelerace alumni has chosen to IPO on the Spotlight Stock Market. Before the first day of trading, the public offering has been covered five times. Freetrailer made available stocks for 5,6 million Danish kroner for the public offering, and an additional 8,4 million Danish kroner was already covered. This amounts to 14 million Danish kroner but at the deadline of the official subscription, period investors had wanted to subscribe to 36 million Danish kroner.

“The interest in Freetrailer has been overwhelming. We are, of course, both proud and honored that so many investorers has chosen to invest in our stocks. I have always been convinced that our sharing economy platform has a broad popular appeal. The support our IPO has meet on the stock market confirms this in every way” says CEO and founder Allan Sønderskov Darré.

Adopted the mindset from Accelerace

Freetrailer has been in Denmark since 2004. In 2009, the company expanded to Sweden and went to Norway in 2015. They have achieved a total of seven Gazelle prices for their rapid growth in revenue. The seventh came in 2014 after Freetrailer had been an alumnus of Accelerace.

“Accelerace ignited in me the desire to know my numbers and constantly tweak and adjust our business. On a daily basis we have to dig in our data and check if our performance is satisfactory. To know your numbers and to know your customers better than they know themselves – is a mindset we have adopted from Accelerace” says Allan Sønderskov Darré adding:

“You have to adjust to your customer’s reality and not your own. The ones who can do that will be winning in the future of retail.”

Freetrailer is an early adopter of the sharing economy trend and has built a business out of making it easier to share trailers between companies and private users. As a private user, you can return it any time you like without regards to opening hours. That’s convenient for the users – and the business too because they can rent out the same trailer faster and up the number of rents without buying more machinery.

Scaling with the best platform to date

In 2014, Freetrailer made a pitstop after some years with full throttle. They wanted to expand into Germany but to make sure they wouldn’t burn out they had to slow down and make a strategy for how to ration the gas for the next ten years growth like they had done the ten years prior. They ended up deciding to follow the growth curve they were already riding on and postpone the German adventure.

“Ten million kroner and 35.000 hours of development later we have the best platform to this date. It has been tested with IKEA for more than a year, and now we are now expanding it to all our Nordic partners,” says Allan Sønderskov Darré.

Today, Freetrailer has more than 30 partners, and with the IPO more than 1100 investors. The goal is to expand the concept in the existing and new markets. Before the IPO the company was valued at 27,4 million Danish kroner.

“With the IPO we have achieved the economic backing needed to scale our business. We chose the Swedish growth stock market because it is like having a gas card. When you’re listed here once and find yourself needing more money for growth you can refuel your card. Also, every day stocks for more than 100 million Swedish kroner are traded here every day, so if you buy stocks in Freetrailer you know you can sell again,” says Allan Sønderskov Darré.

Accelerace is not just about the first steps

Allan Sønderskov Darré is still in contact with his mentors from 2013. He explains it as having two uncles. Uncles, that are well-read, world travelers that offer you all the advice you can’t get from your parents.

“They are the ones I call when I meet new challenges, and that’s the strength in Accelerace. It doesn’t end after you finish the accelerator – it begins”, says Allan Sønderskov Darré.

Look up more startups from the Accelerace family here.

Read more about the Accelerace team here.

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Join Accelerace and Symbion when Denmark meets France in the Fifa World Cup the 26th of June. 

It takes courage to be an entrepreneur. Endurance. Passion. Vision. Agility. The same goes for athletes. And what better occasion to gather around entrepreneurship and elite sport than the Fifa World Cup?

That’s why Accelerace and Symbion invite all to watch the world cup on the big screen when Denmark meets France the 26th of June.

At Accelerace, we have often used the analogy that creating elite entrepreneurs takes the same as creating elite athletes. Our Scale Up programme is inspired by the work Team Denmark does with its athletes. But building a growth startup is in many ways similar to the world of football:

“In football, the value of one single player has risen to be valued in billions. Talent development and working systematically with finding them early on has become big business in sports. In that way, it draws parallels to the startup world. Here we eagerly follow unicorns and talents and focus more and more on spotting them and utilizing them to reach their full potential in the best way possible,” CEO of Accelerace and Symbion says.

No victory is too small to be celebrated. We invite all friends of Symbion to indulge in beer and bangers like you were at the stadium cheering for your team. The whole shebang will be held at the newest addition to Symbion, Symbion co-working. Meet impassioned entrepreneurs, resilient self-employed, and all the people from the ecosystem that help by accelerating, supporting, and catapulting Danish entrepreneurship forward.


3.30 PM: We inaugurate the new Symbion co-working by opening the taps and get the beer flowing. Like at a real stadium we serve sausages from the buffet, hot and crisp.

3.45 PM: CEO of Symbion and Accelerace, Peter Torstensen welcomes all with a speech about the similarities between learning entrepreneurship and playing football.

4.00 PM: Fill up your glasses – the match begins!

7.00 PM: Last rounds, we’ll shut off the taps, but keep the place open for another hour.

Date and time:
June 26th 3.30 PM – 8.00 PM

Registration deadline:
June 18th at noon

Symbion and Accelerace

Fruebjergvej 3
2100 København Ø


Registration here:

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Danish booking platform among Europe’s most promising startups


Danish startup has been announced as the winner of the European IMPACT Growth accelerator. With the title comes a price of 250.000 euro.

Among the most promising startups in Europe is the Danish platform The EU-financed IMPACT Growth accelerator has chosen the bus booking platform as one of just two winners who have each been granted 250.000 euros.

“We’re proud and honored to be among the very top of European entrepreneurship as the winners of IMPACT Growth accelerator. We will focus on reaching further into the international markets with the new capital injection. We see that many consumers can benefit from comparing and selecting the best prices available in the market. Today, the prices for renting a bus are obscure. We want to change that. There is a huge market potential which will continue to grow in the next many years,” says Hasse Eriksen, CEO at

The best among 2000 startups

More than 2000 startups applied to be part of the accelerator. Only 14 were accepted. Among those Spanish Clarity was selected as the other of the two winners together with Bookingabus. The winners were chosen by an exclusive consortium consisting of venture capital and business development experts including the Danish accelerator Accelerace.

“We have chosen two winners with impressive market potential and strong teams capable of reaching the right users with their solutions. Spanish Clarity makes it easy to analyze and optimize investment portfolios in a new way, and Danish Bookingabus simplify bus rental resulting in significant savings. The future prospects for both companies look favorable, and I look forward to following their international development,” says Martin Holm Mortensen, Program Manager at IMPACT Growth and Accelerace.

Equity-free financing

Bookingabus was founded in 2013. The following year, Accelerace accepted the company to its accelerator programme. In Accelerace, the company quickly picked up speed and was chosen as one of Denmark’s best subjects to invest in. Not long after, the startup raised eight million Danish kroner from Seed Capital, MIdtjysk Iværksætterfond, and Vækstfonden.

The 250.000 euro that IMPACT Growth has granted the startups are equity-free. All 14 startups received 100.000 euro by the beginning of the program in October 2017. Clarity and Bookingabus received an additional 150.000 euro meeting their market potential.

Read more about IMPACT Growth accelerator here:

Read more about all the 14 startups here:

Meet the Accelerace team here:

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22 new startups to keep an eye on


After thousands of screenings, Accelerace has kicked off the newest round of the program with 22 new startups. Meet the companies here.

Updated June 4 2018: Accelerace has begun working with the new batch of startups for the Accelerace program. The companies range from energy optimizing with blockchain to reusing coffee grounds for cosmetics and pharmaceuticals.

Although different, the startups are all characterized by their high growth potential and visions of improving not only their own bottom line but also our societies and environment.

Accelerace clean tech accelerator

VIA Science (USA)
VIA’s blockchain and distributed learning AI technology called Trusted Analytics Chain (TAC) provides five sources of value to the energy industry: more data/more potential, lower cost, increased security, bigger market, and added revenue.

SpinDrive (Finland)
SpinDrive creates customized levitation technology. Their passion is to push energy efficiency to the maximum level and promote oil-free solutions in various industries. SpinDrive provides highly efficient turn-key drivetrains, which consist of the high-speed electrical machine, frictionless magnetic bearings, controller and condition monitoring software.

GRØNBID (Sweden/Lund)
GRØNBID is an online service that connects homeowners in the same geographic area to make easy and inexpensive solar panel investments as a group.

SBR Cleantech (Denmark)
SBR Cleantech has specialized in treating wastewater in an ecological decentral waste plant. The purpose is to protect the environment against organic waste, pathogenic bacteria, toxins and various other chemicals that rinse out in drains and sewers.

Dansolar (Denmark)
DanSolar is a Danish owned company founded in 2006 with headquarters and a warehouse in Ecopark, Aarhus. The company focus on a range of different products within solar energy, as well as the development of new and innovative products like the patented AirHeather technology.

Accelerace food tech accelerator

Eachthing (Denmark)
Eachthing will change the way you think and plan purchases. They know that every purchase you make is based on your personal values and convictions. Therefore, they’ll let you make up with small and illogical product declarations and ensure that the information you need will always be made available individually and in a reliable, fast and easily accessible manner. If you are in doubt about a product, scan it and ask your question – they’ll find the answer for you.

Impact Roasters (Denmark)
Impact Roasters provide high-quality coffee directly from farms to end consumers. They also offer free roasting training to coffee chains and bakery chains. Finally, they provide free roasting machines so that green bean buyers agree to make a contract for at least five years to buy green beans from Impact Roasters.

Deligate (Sweden)
Deligate help grocery stores reduce their food waste and save working hours by an easy managed application that keeps track of expiry dates. They are present in 150+ stores in Sweden and Norway, and they have measured up to 30% reduced food waste.

Fine Nordic (Denmark)
Fine Nordic is all about going into the North to accurate a selection of the finest water sources. They focus on water as a raw ingredient and look into its composition to clarify its structure, abilities, and usabilities in collaboration with Nordic Water Institute. They strive to understand water of various compositions and create the foundation for R&D development and support the leading food specialist to improve food quality and taste.

Accelerace tech accelerator (general)

Cimmerse (Denmark)
Cimmerse has developed a web-based mobile augmented reality (AR) platform. They help e-commerce business digitize their products into super high-quality 3D, and the companies can integrate Cimmerse’s AR solution directly into their webshop with one line of code.

Bolverk XR (Denmark)
Training in VR is better, cheaper, more efficient and fun. Så says Bolverk XR, which create simulations that hit the market in the cross between expensive hardware and legislation regulated training and re-training. Their first venture is the airline industry, where they are set to create a whole new market with a new way of training.

Likvido (Denmark)
They are using debt collection to help companies avoid bankruptcy. They apply the best practices from e-commerce, behavioral science and machine learning / AI to debt collection. In that way, they can collect more debt with a better ROI, and with less collateral damage on customer relationships.

Sekg (Spain)
Sekg provides an online platform that analyzes players’ experience through emotional reactions using biometrics, target identification and game benchmarking, to help companies create optimal experiences and thus increase ROI. The ultimate tool for game developers that also have gamers in mind.

ARBlox (Denmark)
The goal is to build the social platform for Augmented Reality creations on mobile devices. They wish to do so by creating a mobile app where users can make small and imaginative worlds together in real time – and access the creations of others easily.

Softcare Studios (Italy)
Softcare Studios has created TOMMI. A VR game developed in collaboration with doctors and psychologists and dedicated to hospitalized children to improve their adherence to therapy making them more collaborative with the medical staff. Ultimately, it will increase hospital productivity and speed up medical operations.

Cavea (Denmark)
The leading marketing automation platform for eSports & entertainment, delivering audience intelligence to increase sponsorships and ticket sales.

Attavik (Greenland)
The Attavik RED (Range Extender Device) allows users with smartphones to connect to the RED using wifi, and through the RED connecting to other RED’s up to 3-5 km away thereby reaching other smartphones in a meshed mobile network. The Attavik App enables users to communicate using text messaging or two-way voice calls without the need for any centralized servers or devices – also in areas where there is no mobile coverage.

Gameotic (Italy)
Gameotic is an online gaming platform that allows users to drive real vehicles in real race tracks remotely giving the users the best driving experience they’ve ever tried.

ComplyTo Solutions (Denmark)
ComplyTO makes GDPR simple. The company has developed a system and algorithm to simplify compliance with privacy law/GDPR specifically aimed at small and medium-size companies.

FalconAI Technologies (USA)
FalconAI develops advanced and sector-specific algorithms inspired by neuroscience to reinvent business processes. For example, the company utilizes Artificial Intelligence (AI) to scale fashion consultancy currently only accessible to wealthy people. They plan to deploy a series of disruptive applications in various sectors.

Visualazer S.r.l (Italy)
Visualazer is developing a video sharing platform based on the blockchain. A decentralized new ecosystem is driven by the community to enable the possibility for content creators to grow faster communities by being boosted by their followers through a gamification system of investments.

Sonisto (Denmark)
A webshop and platform selling and distributing audio plug-ins for music production programs making a complex market more simple to navigate in.

Meet the Accelerace team here:
Read more about national Scale-up Denmark initiative here

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Startup Spotlight: VI.ER AKVAVIT reinvents the Aquavit drinking experience


Frederick-Sebastian Krause, founder of VI.ER AKVAVIT about his mission on reviving the Aquavit drinking culture and how Accelerace helped him in his journey of being a sole founder.

What’s going on in the World of Spirits?

In recent years, spirits went through a striking resurrection: Hendrick’s triggered a Gin movement by adding cucumber and Bulgarian rose to the recipe. Whiskey got so popular that distillers struggle in meeting the growing demand for long-aged kinds. But since these liquors are now firmly established in our drinking portfolio, time is right to rediscover and appreciate something new: Aquavit – the spirit that most truly reflects the Nordic heritage. Luckily, a bold pioneer is on it: Frederick-Sebastian Krause, founder of VI.ER AKVAVIT joined the Accelerace and Scale-up Denmark program in Winter 2017 and reinvents the category with his Aquavit varieties. It is his mission to reestablish Aquavit on the drinking menu beyond holiday and digestive routines.

Refurbishment of the Aquavit Reputation

On a bike ride home Frederick wondered, why the victory march of some old-fashioned spirit categories hasn’t reached Aquavit yet. What is it, that causes its bad dusty reputation and how can the status quo be challenged? Three months later his decision stand firm: He quit his job to demonstrate, how much joy the spirit can actually provide. The key is a distilling process with high-quality ingredients and true craftsmanship. Norwegian caraway seeds build the core flavor of VI.ER AKVAVIT. Coupled with handpicked wild plants, berries and herbs each batch gets a unique character. Unlike the frozen state in which it is commonly served, it unfolds its true taste profile on room temperature. So how does a proper Aquavit moment look like? According to Frederick it is  “when you are calming down in front of a fire place, instead of a gin with tonic or in a Negroni. Or you can use it on the rocks by itself, whenever.”

The perks of being a sole founder

Even though Frederick gets great support by many people throughout the production, VI.ER AKVAVIT is mainly a one-man-show. “Being a sole founder, you are just a lot alone with everything. You don’t have anybody to ping-pong with. You just fall down a lot. So, it’s nice to have somebody that helps you, to get up.” That is one of the reasons, Frederick decided to join the Accelerace family and the Scale-up Denmark program: “I was ready for taking the next step. And this here really helps me in validating and figuring out what the next step is  – really giving me the right tools to get up to the next level.” He also appreciates the structured hands-on approach of the program, that complements his intuitive way of working and getting in touch with other talented entrepreneurs.

VI.ER AKVAVIT as a category trailblazer

On an entrepreneurial journey, there are many milestones to reach: Bottling the first batch, selling the first Aquavit to a complete stranger, getting listed in the first cocktail bar. In the last years, VI.ER AKVAVIT slowly made an appearance in several drinking menus and shops all over in Denmark. And just recently it made it in the spirit selection of the 3-star Michelin Restaurant Geranium. Of course this is a great validation for Frederick: “For me this is just as much about raising awareness on an entire category. What I want to see is VI.ER AKVAVIT being a trailblazer, and then more people following and more cool brands popping up. We can help lifting it together. We really can make something cool happen within the Nordic region.”
But the Nordics are just the beginning – Frederick is ready to take over the spirit world.

Find out more about the VI.ER AKVAVIT cosmos here:

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Mimica and Arla set out to form the future of expiry labels


The start-up Mimica joined the Accelerace family in May 2017 and can look back at a remarkable year. Among others, they were forming the foundation for an exciting cooperation with the global dairy company Arla to test their product and get Mimica Touch, a smart tactile expiry label in the supermarket shelves.

Because who doesn’t know this kind of situation: You have a milk carton in your fridge. It smells fine, it looks fine, but the expiry date passed two days ago and leaves you in doubt if you dare to add a sip to your coffee or not. The Mimica Touch label could reduce the premature end of perfectly fresh products in the garbage can dramatically by providing a more accurate expiry date.

Mimica Touch – how the idea was born

The story of Mimica began when founder Solveiga Pakštaitė did research for a university project about how blind people are managing their daily life. Then she started wondering about how they are reading expiry dates – and came up with the idea of a tactile expiry label that decays at the same time like food. The substance that enables it is gelatine, a waste product of the meat industry. As this gel denatures, it can precisely mimic the temperature curve of the food and will reveal bumps in the label that cannot be felt as long as the product is fresh. In 2015 she founded the company. “That was a huge milestone because I think very few student projects make it that far”, Solveiga Pakštaitė says. Together with a team of R&D- and innovation keen colleagues, they worked the lab bench, developed their first prototype and won numerous prestigious prices like the James Dyson Award and MIT’s inventor of the year.

Corporate Collaboration with Arla – enabled by Accelerace

Since May 2017, Mimica has been a part of the Accelerace Foodtech program forming an exciting and symbiotic partnership with Arla. Solveiga appreciates the intermediary and supporting role of Accelerace and describes the program as “unique in that it actually gives you a real chance of securing a pilot with a big company.” The collaboration is an exceptional access point for Mimica. Arla shares a huge beneficial pool of know-how and resources that will help in accelerating the progress of Mimica touch tremendously, especially in terms of consumer research. Currently, a pilot project is running, where the consumer reactions are tested. The results will help to communicate the use of the label more clearly and provide insights into the concerns, future customers might have. If the results of this trial are positive, the label will be calibrated to specific Arla milk and yoghurt products and tested in a real-life set-up in the UK soon.

How does the Cooperation between Arla and Mimica work?

“Arla came at this with a really good approach. It has definitely been the easiest relationship with a big company we had so far. I really like, how they are able to adapt to what a start-up needs,” Solveiga explains. One big enabler between the two is the fact that Arla assigned them a team of so-called corporate champions, who support and mentor the project in all kinds of ways. Edward Sliwinski, Senior R&D Manager in Arla is head of this team. What strikes him most about the concept is the originality and simplicity of the product. He also appreciates the eagerness and passion with which Solveiga and the Mimica team pursue their vision of fighting food waste – and is proud that Arla proved its capability to keep up to the pace of a small agile start-up. He sees a huge responsibility for society and Arla towards the avoidance of food waste: “It is really a pity, that a lot of people cannot and do not have access to good food and we are wasting it. There is a role for the producers, supermarkets and for the consumers,”says Edward Sliwinski. The collaboration of Arla and Mimica could address this by saving tons of perfectly fresh and edible food, caused by inaccurate expiry dates.

What comes after Dairy?

The Mimica Touch label is basically well applicable for all kinds of fresh proteins, which include a broad range of products like eggs, meat and fish. “But I think we can make an impact outside of the food space. We are starting with food because it’s a really valuable resource, that we are wasting far too much at the moment. But there are other areas that are in need of accurate information.”, Solveiga explains. She sees a huge potential for medical application, for example, vaccines or transplants. “I really have big hopes for the future of the company.”

Read more about Mimica here

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Accelerace Year 2017 in Review


Having already tackled the first month of the new year, we want to provide you with an interactive snapshot of our 2017.
In a nutshell: Accelerace could increase the numbers of accelerated startups, expanded the acceleration programs to additional verticals and entered into new corporate partnerships. We have also successfully advanced the Nordic Mentor Network for Entrepreneurship (NOME) program by recruiting more than 50 high-caliber mentors. In March, we launched the IMPACT Growth initiative focusing on international startups and collaboration with global partners. Last but not least, Accelerace has secured a 1.7M USD investment from Færch Foundation, the Danish Growth Fund and Symbion endorsing the valuable contribution Accelerace makes to the Danish startup community.

Here is the overview of what we have achieved this year. Click on the image to see the full infographic and feel free to tweet us your most memorable moment of the last year:

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Accelerace raises $1.7 million investment to help startups succeed


Accelerace has secured a 1.7 M USD investment from Færchfonden, The Danish Growth Fund and Symbion endorsing the valuable contribution Accelerace makes to the Danish startup community.  This investment will provide the additional resources Accelerace needs to expand its services to entrepreneurs.  In particular, its one to one advice, mentorship, access to industry experts, relevant serial entrepreneurs as well as access to a network of larger established companies and investors.

Since 2008, Accelerace has advised and professionalized over 800 start-up companies with visionary and forward-looking technologies to avoid the biggest pitfalls.  A large number of the Accelerace startups raise investments within 12 months of exiting of the training program.

With this capital injection of $1.7 M from Færchfonden, The Danish Growth Fund and Symbion, Accelerace now sees opportunities that will benefit tomorrow’s elite entrepreneurs with better access to investments and provide valuable knowledge and networks within larger established companies.  Accelerace in its efforts to stay ahead of emerging technologies will now be able to launch new industry-specific accelerator programs.

Martin Vang Hansen, CEO of Færchfonden and new chairman of Accelerace, says: “For many years, Færchfonden has invested in the development of entrepreneurs, and has had a successful collaboration with Accelerace. The investment in Accelerace is, therefore, a natural step forward for us, especially as we have managed to get a strong partner like the Danish Growth Fund as the co-owner of the company. We expect Accelerace to play a key role for entrepreneurs and growth companies in Northwestern Jutland, and our goal is that investments in the long term will help create more jobs.’

 Building a strong ecosystem for startups
As part of the National growth initiative, Scale-up Denmark, Accelerace trains approximately 80 carefully selected high-growth startups annually in the industries of technology, food technologies, cleantech and life science (biotech, medtech and healthcare).

Mikkel Hesselgren, Fund of Fund Director of The Danish Growth Fund, says: “Accelerace works very closely with individual entrepreneurs and management to address hands-on their business challenges. It takes place at an international level, with high personal commitment.  In our experience, it is precisely these qualities that are highly sought after by the most ambitious entrepreneurs. We have to strengthen the bridge between startups and private capital markets and Accelerace provides an important contribution by equipping companies with the skills to present their ideas as attractive investment cases.”

Jørgen Bardenfleth, Chairman of Symbion, who has been Chairman of Accelerace since inception, continues as board member, says: “Accelerace has been working tirelessly since 2008 to build a strong ecosystem for startups and entrepreneurs, providing advice from industry experts, and access to a network of relevant experts, possible corporate partners and investors. The new ownership structure with Færchfonden and the Danish Growth Fund as main shareholders, along with Symbion as co-owner will give the Accelerace startups the best opportunity to grow internationally and professionalize their companies with access to the best Danish and international investment funds. ”

Machine learning and artificial intelligence can spot the winners
In October 2017, Accelerace was presented with the award for best Nordic accelerator program by the Nordic Startup Awards for the work to scale startups, build strategic partnerships with major companies such as Arla Foods, Foss, Elia, Enel and the Novo Nordisk Foundation, as well as having the ambition to build a pan-Nordic startup ecosystem.

As a new initiative, Accelerace has developed a digital method that is expected to be used as a tool to predict which startups have the greatest chances of success and which can raise funding quickly and efficiently.  The system is based on artificial intelligence and machine learning from data collected by Accelerace since 2008.

Read more at,, and

About Accelerace

Accelerace is one of the world’s top 10 seed-accelerators. Since 2008 Accelerace has spotted, trained and invested in more than 800 of the most promising Danish and international start-ups and growth companies. As part of the national Scale-up Denmark initiative, Accelerace is scaling up startups within tech; foodtech, cleantech and life science (biotech,  medtech & health care) technologies through guidance and mentoring from skilled serial entrepreneurs, camps and its extensive network. Accelerace has invested in more than 80 promising startups, who have been through the Accelerace program and have started partnerships with The Novo Nordisk Foundation. Arla, Foss, NRGI, Business Lolland-Falster, Elia, Endesa & Enel. Accelerace is also responsible for the management of NOME (Nordic Mentor Network for Entrepreneurship), a mentor network for life science startups. Read more on and

About Færchfonden
The Færchfonden Foundation was founded in 1984 by Kirsten and Jørgen Færch. The fund supports entrepreneurship, growth and local attractiveness in Northwest Jutland through the development of entrepreneurship, business, culture, education, etc. The Færchfonden has among other things invested in Nupark Innovation A / S in Holstebro, the establishment of the innovation environment Borean Innovation A / S and has recently invested in the Social Capital Fund Invest K / S. Read more at

About the Danish Growth Fund
The Danish Growth Fund is a state investment fund that contributes to the creation of new companies by providing capital and expertise. Since 1992, The Danish Growth Fund has together with private investors co-financed growth in more than 6,600 Danish companies with a total commitment of more than DKK 20 billion. The Danish Growth Fund invests equity and provides loans and guarantees for small and medium-sized enterprises in collaboration with private partners and Danish financial institutions. Read more on

About Symbion
Symbion is Denmark’s largest startup community with more than 30 years of experience in creating the best framework for both smart startups and more established entrepreneurs and growth companies. Symbion accelerates growth through targeted knowledge, networking and learning. In addition, Symbion offers advice and access to a unique community, which, in addition to Symbion, counts Creators Floor, which is located at CBS and Univate, located at the University of Copenhagen. Read more at

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Elia and Accelerace join forces to help start-ups grow in the electricity sector


The Belgian electricity transmission system operator Elia and the no. 1. seed-accelerator in Europe, Accelerace, have joined forces to nurture innovations and help ambitious European start-ups to grow in the high voltage electricity sector.  

The energy landscape is in a transition driven by renewable energy and a continuous rise of new digital solutions. Many digital solutions are today created by super-charged start-ups with the potential to shock an industry.

In a new partnership between Belgian electricity transmission system operator Elia and the accelerator program Accelerace, new digital-focused start-ups within the electricity industry get the best opportunities to grow into scalable businesses. The partnership will ultimately help start-ups fuel their growth trajectory by providing them with access to expertise, network and industry-specific knowledge.

Manoël Rekinger, Strategic Partnership Manager from Elia, says: “Driven by the growth of renewable energy sources and the rise of digital technologies, the energy landscape is in transformation. Tomorrow, the consumer will have an ever more active role to play as a ‘prosumer’. This will offer opportunities to existing but also new actors. By joining forces, Elia and Accelerace aim to provide the necessary support and technical expertise to nurture innovations and help start-ups grow in the electricity sector.”

Start-up innovations on the grid
Elia operates in the areas of electricity system operation, infrastructure management and market facilitation, and has a special focus on upgrading and maintaining the grid to integrate more renewable energy while safeguarding the security of supply.

Jes Nordentoft, Business Accelerator & Investment Manager at Accelerace, says: “Elia is a visionary leader in the energy revolution and we are eager to use the expertise in Accelerace to match Elia with start-ups that can help solve the challenges of the energy system of tomorrow.”

The new corporation is especially interesting for start-ups with digital solutions within the high voltage energy industry.

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Press contacts:
Kathleen Iwens, Corporate Reputation Manager at Elia, mail:, phone: +32 2 546 75 11

Jes Nordentoft, Business accelerator and investment manager at Accelerace, mail:, phone +45 3089 7869

About Elia
The Elia Group is organised around two electricity transmission system operators (TSOs): Elia Transmission in Belgium and – together with Industry Funds Management (IFM) –50Hertz Transmission, one of the four German TSOs, active in the north and east of Germany. With more than 2,300 employees and a transmission grid comprising some 18,300 km of high-voltage connections serving 30 million end users, the Elia Group is one of Europe’s top five TSOs.

It efficiently, reliably and securely transmits electricity from generators to distribution system operators and major industrial consumers, while also importing and exporting electricity from and to neighboring countries. The Group is a driving force behind the development of the European electricity market and the integration of energy generated from renewable sources.In addition to its TSO activities in Belgium and Germany, the Elia Group offers businesses a range of consultancy and engineering services through its subsidiary Elia Grid International (EGI).

The Group operates under the legal entity Elia System Operator, a listed company whose core shareholder is the municipal holding company Publi-T.


About Accelerace
Accelerace is one of the world’s top 10 seed accelerators. Since 2008 Accelerace has spotted, trained and invested in more than 500 of the most promising Danish and international start-ups and growth companies. 88% of the companies are still on the market today. As part of the national Scale-up Denmark initiative Accelerace is scaling up start-ups within tech, foodtech, cleantech, life sciences and health care technologies through guidance and mentoring from skilled serial entrepreneurs, camps and network. Accelerace has invested in more than 69 promising startups, who have been through the Accelerace program and have started partnerships with Maersk, Novo Nordisk Foundation. Arla, Foss, NRGI, Business Lolland-Falster, Bang & Olufsen, SE, Endesa & Enel. Accelerace is also organizing the Nordic NOME (Nordic Mentor Network for Entrepreneurship) mentor network for life science startups. Read more on and or via email:

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A new chapter for the probably best ice cream in the world


Kastbergs Gourmet-Is, a former participant in our acceleration program, is taking the next step in scaling their business and has just sold company shares to Mammen Mejerierne. Founder Joachim Kastberg is incredibly happy about this milestone as they can now simplify the production and boost the growth at the same time.

If you ask young Joachim about his dream job, he probably would have replied becoming a pilot. Later, he discovered his passion for ice cream and took over the home kitchen trying out new variations. What started as a hobby soon became his dream job and he launched his startup in 2012.

Kastbergs differs from other ice cream providers as the company is only using ingredients from suppliers who can assure premium quality. The team regularly visits those partners in order to control the quality and develop new products together. For instance, they recently teamed up with a chocolate company in France to produce a new sort of chocolate which they will process in their ice cream selections. Since starting in 2012, the creative mind came up with manifold ice cream sorts and hit the taste buds of his customers: Kastbergs was selling all across Denmark within two years.

Leaving the home kitchen behind

Kastbergs successfully applied for getting a spot within Accelerace’s food accelerator and received one-on-one business training from FoodTech experts. “The eight months spent with Accelerace have been a really insightful time with a steep learning curve. I could fundamentally profit from their widespread network and they opened a lot of opportunity doors for me.” Besides that, Joachim’s industry coach also helped him in shortlisting his growth strategies and pursuing the most realistic ones. “An entrepreneur has thousands of ideas running through his mind at the same time. Accelerace’s external and unbiased expertise allowed me to strategically think about the feasibility and challenges of my ideas. And even months after having graduated from the program, I’m still in close contact with Accelerace.”

Big plans for the future
After years of continuous growth, the current production plant has reached its maximum capacity and Joachim was looking for satisfying alternatives. During his whole venture, he was in contact with employees from the dairy company Mammen Mejerierne. Both sides realized the potential of a future collaboration and decided that Kastbergs sells shares of the company to Mammen Mejerierne. “This allows us to expand our current production while guaranteeing the same or even higher quality of the ice cream” says Joachim Kastberg. They will start teaming up in January 2018 building the fundament for future growth including the long-term goals of exporting to other countries. “But first, we need to serve all our Danish customers to their fullest satisfaction.”

Read more about Accelerace’s FoodTech program:


Our founders’ pack just got leveled up


At Accelerace, we don’t just consult startups in scaling but want also to provide them the ideal fundament for boosting their businesses from the moment they join our program. Our so-called founders’ pack allows all participating startups to profit from unique deals and partnerships with high-quality external service providers. This ensures that startups joining the acceleration program have access to the most relevant and beneficial platforms covering cloud, IoT, consulting, legal or office space services leaving nothing to be desired.


But we are not resting on our laurels and continue extending the founders’ pack. We are happy to announce that we have just teamed up with the two providers HotSpot and Tele2 developing new tailor-made service packages.

Your startup – connected everywhere
The world is turning faster every day and the digitalization is bringing unprecedented changes.  Therefore, business becomes more and more globalized and cloud-based. To keep your startup online all over the world, we banded together with the telecommunications provider TELE2. Their service Tele2 Internet of Things supports businesses from the development to the deployment to the optimization of IoT-based solutions. The Accelerace founders’ pack includes 10 SIM cards for 6-month free testing, access to technical consulting and the chance of product promotion with Tele2 IoT topped with an attractive introductory pricing.

Fueling your growth and customer relationship
Our second partner HubSpot is an MIT spin-off and providing inbound marketing software solutions. The service offers tools for content marketing, search engine optimization, website analytics or social media marketing and can be integrated into various platforms. Their hubs focus on CRM, marketing, sales, and customers. The Accelerace founders’ pack includes a 90% discount on the platform, access to free webinars and the opportunity to interact with the HubSpot support team.


Founders’ pack partners: Google Cloud Platform, Amazon Web Sevices, Microsoft BizSpark, Deloitte, Kromann Reumert, Frontpage, Symbion, Tele2, HubSpot

Detailed overview of the founders’ pack services:





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Meet the newest members of the Accelerace family


The deadline to join Accelerace’s first batch in 2018 has just closed. If you haven’t met the start-ups from our current batch, there is no more time to waste as they are highly promising in changing their ecosystems and enhancing the life of their customers.

After having screened countless start-ups in the sectors of CleanTech, FoodTech, Life Science, Health Care and General Tech, we chose nine promising startups which we support on their endeavors. On 16th October, the newcomers joined Accelerace in kicking off the latest round of its six to eight months and equity-free program. Accelerace is hosting 2 to 3 times per year such a batch allowing start-ups to grow together with tailored support from their consultants and in close collaboration with Accelerace’s corporate partner network.

Spotlight on VRinspired, SBTinstruments and Octlight
The current start-ups are not lacking diversity as their core focuses ranges from virtual reality over smart city to ophthalmology. The tech start-up VRinspired brings VR experiences to the masses by delivering solutions for location-based VR centers and their team has an impressive track record in the film and gaming industry.
The FoodTech start-up SBTinstruments is tackling safety issues in the food industry: Conventional hygiene tests in production sites take three days to be evaluated. Three days in which contamination can find its way into the retailers’ or worse, consumers’ hands. SBTinstruments found a way to test bacteria count within five minutes, avoiding costly and potentially dangerous food recalls.
The Danish start-up Octlight is revolutionizing diagnostics in ophthalmology. They are reducing the large number of preventable outcomes of eye disease like visual impairment or even blindness by making 3D images.

Below, you can find all Accelerace newcomers listed by their respective industry.

Tech Accelerator
VRinspired: Develops and distributes exciting VR experiences for location-based VR centers and businesses.
WARM: Helps artists, managers, producers and labels discover when and where their music is played by screening 23.000+ radio stations worldwide.
MeetinVR: Brings remote collaborations to a new level by allowing creative professionals to meet and review their work in VR.

CleanTech Accelerator
Bosolog: Enables extensive supply chain tracking. Their multisensory systems measures a variety of parameters and notifies users immediately in order to avoid damage to their goods.
VisBlue: Developed a groundbreaking battery technology that allows users to store more of their energy in a safe and environmentally friendly way.
Enfor: Brings the energy sector up to speed with their forecasting and optimization tools.

FoodTech Accelerator
SBTinstruments: Specialized in food safety by offering the industry a rapid measurement tool for bacteria count in aqueous solutions, reducing time for analysis from 3 days to 5 minutes.

Life Science and MedTech Accelerator
Precure: Working on wearable technology to prevent injury and improve rehabilitation.
Octlight: Setting new standards in eye diagnostics. Their swept light source technology is enabling 3D OCT images of the eye.

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Accelerace wins the best Nordic accelerator category at Nordic Startup Awards


The Nordic Startup Awards provides an annual spotlight to those who dare to dream big and shape the way the future look.

The Nordic finale of the Nordic Startup Awards was held the 18th of October in Stockholm, Sweden, where more than 800 participants celebrated the thriving Nordic startup ecosystem. Accelerace won the category as best Accelerator program in the Nordics after an eventful year.

Accelerace founder & CEO Peter Torstensen says: “Since 2008 where Accelerace was founded we have been working hard to develop strong ecosystems for startups. We believe that in the long run the success of startups is a function of the quality of the ecosystem. We also believe that strong ecosystems are build by one successful startup at the time and therefore we focus on the start-ups with the potential to scale their business fast. As an accelerator, we are developing at a fast pace just like the start-ups and we work hard to stay on top of our game. Winning the award as best Nordic accelerator is a great honor and a recognition of the work we constantly try to do to build startups and ecosystems.”

5 new accelerators backed by corporate partners
The last year has been an eventful year for Accelerace. Accelerace started five new accelerators focused on Technology, Foodtech, Cleantech, Biotech & Life sciences and Medtech & Healh Care as part of the Scale-up Denmark initiative. The accelerators are currently taking in the fifth batch of start-ups. In this process, Accelerace seeks to bridge the corporate/startup gap and has initiated innovation partnerships with Arla Foods, Foss, NRGi, Business Lolland-Falster, and Mærsk.

Accelerace also started the Nordic Mentor Network for Entrepreneurship (NOME) which is based on a Novo Nordisk Foundation initiative. The program is today the first life science mentor network covering the Nordics with 10 fast-growing start-ups, 7 strategic country-based partners with expertise in start-up business development, and +30 world-class mentors who are some of the most experienced biotech entrepreneurs and life science executives in the Nordic countries and the USA.

According to the official jury of the Nordic Startup Awards, Accelerace won the category for several factors: “Especially Accelerace’s high success rate and that 88% of the startups are still on the market shows just how great their service is. The founders package, team, funding support and mentor work were further elements which made the NSAwards jury chose Accelerace as this year’s winner of the Best Accelerator category.”

Connecting the Nordic start-up ecosystem
The Nordic Startup Awards is a unique series of events in the Nordic countries – Denmark, Sweden, Iceland, Norway, and Finland – to recognize, celebrate and connect the Nordic startup ecosystem. In addition to being regional, it is also cross-sectorial, bringing together all the actors within the startup ecosystem from startups and investors and much more.

Five of the 15 awards were won by Danish start-ups and organizations: Founder’s House won for best Co-working Space, KUBO Robotics won the Best Newcomer category, MentorDenmark won the People’s Choice awards and Too Good To Go as recognized as the best foodtech startup in the Nordics.

The event is part of the Global Startup Awards that brings together amazing ideas and the best talents from 4 regions, 25 countries across the globe to celebrate entrepreneurial spirit and startups.

The global finale will be held in China where Accelerace will be up against accelerator programs from all around the globe.

Check out all the winners of the Nordic Startup Awards at their website here

Read more in the following media: Business Insider Nordics, StartupBeat, TechSavvyMedia, Digital247, ITWatch, InnoMag.noShifter.noTheSociable, and on the Accelerace blog here:

(Photo by Daniel Söderberg,

(Photo by Daniel Söderberg,

(Photo by Daniel Söderberg,


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MonTa Biosciences signs licensing agreement to develop cancer treatment


The Danish biotech company MonTa Biosciences announces signing a licensing agreement with University of California San Diego to develop a new treatment that actively educates the body’s immune system to recognize and fight cancer.

MonTa Biosciences, a spin-out from DTU-Nanotech, is now taking their promising cancer treatment across the Atlantic with a new license agreement with University of California San Diego (UC San Diego). With this license agreement, MonTa Biosciences is a major step closer to the commercialization of their innovative immunotherapeutic treatment, which may be a game changer for the future cancer treatment. The immunotherapeutic treatment makes use of nanoparticles capable of delivering an immune-stimulating drug to the immune system, which enables the body’s immune system to recognize, attack and eliminate cancer cells.

Worldwide exclusive license
“The new license agreement gives us exclusive worldwide rights and represents a major step towards commercializing our cancer treatment” says CEO Simon Skjøde Jensen (Ph.D.). “UC San Diego is one of the world’s leading specialists in this type of immune activating therapy, which involves compounds that activates the so-called Toll Like Receptor 7 (TLR7). The research group at UC San Diego is led by Professor Dennis Carson, who has worked with this class of compounds for several years, and showed remarkable anti-tumor activities in mouse models of cancer.  The field of cancer immunotherapy and particularly the activation of the innate immune system is currently one of the most attractive and fastest developing therapeutic areas. The agreement is a very important milestone for our ability to treat patients effectively in the future, and to get the immune system to help the body fight cancer and especially metastases which are major problems for doctors and patients today.”

Mentoring providing access to US market
MonTa Biosciences is today part of NOME (Nordic Mentor Network for Entrepreneurship) initiated by the Novo Nordisk Foundation and Accelerace.  Life science startups get there essential access to counseling from some of the most experienced biotech entrepreneurs and life science executives in the Nordic countries and the USA. The NOME responsible Accelerace Partner Peter Birk (Ph.D.) says: “MonTa Biosciences is a very promising life science startup and has reached many milestones in the development of their cancer treatment within a short period of time. The license agreement with UC San Diego accelerates the development of the startup company, and we have very high expectations for the talented team.”

The core technology of MonTa Biosciences was initiated as a research project at DTU and received a capital injection of €270,000 from Pre-seed Innovation in March 2017. MonTa Biosciences have previously raised an investment from the Danish Innovation Fund. The Biotech startup company is currently looking for additional investment and is attracting great interest from major pharmaceutical companies.

About MonTa Biosciences Aps
MonTa Biosciences is a Danish biotech company that has developed a new immunotherapeutic treatment of cancer. With MonTa Biosciences treatment, the body’s immune system can be trained to recognize and eliminate cancer cells so metastases in the patient are fought by the body’s immune system. Preliminary results show a very promising treatment, where the technology in models of cancer in mice can cure most of the mice. MonTa Biosciences is today part of the NOME accelerator program (Nordic Mentor Network for Entrepreneurship), an international mentoring network for particularly promising life science companies.
Read more about MonTa Biosciences here:

About Accelerace and NOME
Accelerace is one of the world’s top 10 seed accelerators. Since 2008, they have spotted, trained and invested in more than 500 of the most promising Danish and international startups and growth companies. 88% of the companies are still on the market today. As part of the national Scale-up Denmark initiative, Accelerace is scaling up startups within tech, foodtech, cleantech, life sciences and health care technologies through guidance and mentoring from skilled serial entrepreneurs, camps and network. Accelerace has invested in more than 69 promising startups, who have been through the Accelerace program and have started partnerships with Maersk, Novo Nordisk Foundation. Arla, Foss, NRGI, Business Lolland-Falster, Bang & Olufsen, SE, Endesa & Enel. Accelerace is also organizing the Nordic NOME  (Nordic Mentor Network for Entrepreneurship) mentor network for life science startups. Read more on and

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Accelerace shortlisted as best accelerator at Nordic Startup Awards 2017


Each year the Nordic Startup Awards celebrates the startup ecosystems in a grand celebration and award ceremony. This year a total of 65 Danish startups, founders, ecosystems, accelerators, investors, and coworking spaces are nominated in 13 categories. Accelerace is nominated as best accelerator program and best investor in the 2017 edition.

The annual Nordic Startup Awards event recognizes, celebrate and connect the Nordic startup ecosystems. Accelerace is shortlisted as best Danish accelerator in close competition with Thinkubator, Danish Tech Challenge, Odense Robotics, and the corporate accelerator Next Step Challenge, that Accelerace ran for a three-year period. Accelerace is also shortlisted as the best investor 2017 in fierce competition with Jesper Buch Holding, Tommy Andersen, NorthCap, and Syddansk Innovation.

An eventful year
A lot has happened in the last year where Accelerace has launched five new elite accelerators focusing on technology, foodtech, cleantech, life sciences & biotech and medtech & health care. The accelerators are launched as part of the Scale-up Denmark initiative. In the recent year, Accelerace also launched new corporate partnerships with Mærsk, ARLA foods, FOSS Analytics, and Business Lolland-Falster. Accelerace also partnered with ISDI, Danone, Mobile World Capital, FundingBox and more as part of the European Impact Growth startup accelerator.

The new development also meant a warm welcome to many new team members. Meet the team here:

Accelerace also launched the elite NOME (Nordic Mentor Network for Entrepreneurship) based on a Novo Nordisk Foundation initiative to propel promising life science startups to international success. The network is inspired by MIT Venture Mentoring Service in the US, and NOME has close ties with the US life science ecosystem. The network is today the first Nordic mentor initiative with 30 C-level mentors and partnerships with Medicon Village in Southern Sweden, Turku Science Park in Finland, Oslo Cancer Cluster and Aleap in Norway and Karolinska Institutet Innovations AB in Stockholm in Northern Sweden. Read more about NOME here:

Get the overview of Accelerace corporate innovation initiatives here:

Trailblazing Accelerace alumni
Several startups in the Accelerace family are shortlisted at the Nordic Startup Awards. Chefmade is nominated as best the foodtech startup, Coinify as best fintech startup, LeapCraft as best IoT startup and Plantjammer as best foodtech startup.

The Danish finale is hosted by WeLoveStartups and will be held the 5th of September in Øksenehallen in Copenhagen as part of the annual tech startup summit TechBBQ. The Nordic finale is scheduled in Stockholm the 18th of October 2017 where the winners of each of the Nordic countries are represented.

Accelerace has previously won the award as the best professional investor in 2015 and the best accelerator program in 2015 & 2016 for our corporate accelerator, Next Step Challenge.

Feel free to vote for Accelerace here: To vote you need to go to Facebook via the following link and press vote

Do also vote for our cool startups in the Accelerace family who are nominated!

Best Foodtech startup: Chefmade (previously Neatmeal)

Best Fintech startup: Coinify

Best IoT startup: LeapCraft

Best Foodtech startup: PlantJammer

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Antag Therapeutics raises 3M USD in a Series A investment from Novo Seeds


Antag Therapeutics, a NOME (Nordic Mentor Network for Entrepreneurship) participant, has just secured a 3 million USD Series A investment from Novo Seeds for their promising hormone treatment to fight obesity, diabetes and fatty liver disease.

The global prevalence of diabetes has nearly doubled since 1980, rising from 4,7 % to 8,5% in the adult population and has become an important public health problem with a huge potential to reverse this epidemic. The Copenhagen University based biotech startup Antag Therapeutics recently raised 3M USD (20 million DKK) in funding from Novo Seeds to support the development of their GIP (Gastric inhibitory polypeptide) antagonist program to combat diabetes, obesity and fatty liver disease.

Antag joined the Accelerace life science accelerator and the NOME mentor network in early-2016 and have been working together diligently to commercialize the huge potential of the life science startup. The company was started by Alexander Sparre-Ulrich the CEO; whose PhD thesis was the foundation of their lead program. This new investment from Novo Seeds, who administer pre-seed investments on behalf of the Novo Nordisk Foundation, will bring Antag closer to the clinic.

“The investment will be used to develop drug in a way for it to stay in the body in the right amount of time to generate the right effect,” says CEO of Antag Therapeutics, Alexander Sparre-Ulrich to Børsen.

Major growth potential
This new therapeutic from Antag Therapeutics is an important drug in the treatment toolbox for patients suffering diabetes and fatty liver disease. The hormone treatment has blockbuster potential, like the Novo Nordisk GLP-1 will be injected to not only manage glucose levels but also impact fatty liver disease (NASH).

Novo Seeds has been investing in the biotech startup space since 2014 and is now scaling up the funding to fuel the strong growth trajectory of the startup.

Alexander Sparre-Ulrich CEO at Antag Therapeutics has said about his experiences with the NOME mentor network:

“Having access to such experienced and high profile professionals has had a huge impact on my project. Their advice sharpened my business plan significantly and led to progression in the negotiations with VCs, they introduced me to opportunities (both strategic and financial) which I was not aware of, and through their network, I have received important high-profile legal advice (pro-bono). Furthermore, I was invited to contact them on an ongoing basis which equipped me with an essential understanding of the pivotal points in VC investment terms seen from a founder’s perspective.”

Read the full story about Antag Therapeutics investment from Novo Seed in the following media:

Børsen (Danish)
Business DK (Danish) MedWatch (Danish)

Meet the startups in NOME here:

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Accelerace kicks-off a new program round with 24 trailblazing startups


After 5,000 screenings and 500 in-depth virtual meetings Accelerace is now ready to present the strongest 24 companies for the just kicked-off round of the 8-month accelerator program. Meet the startups here.

Accelerace has just begun working with 24 trailblazing startups as part of the Accelerace program. The startups all are characterized by the ability and high-potential to improve the quality of life and the environment with their promising innovations and disruptive technologies.

Among the startups are green tech startup Aqubiq, who has developed a smart water meter that can save each household 15% of water consumption and prevent water damage, Finnish life science and health care startup Peili Vision that provides neurological rehabilitation through virtual reality, foodtech startup Enorm that sells insect snacks as the sustainable protein source of the future, and tech startup Obi+ that provide services for connected cars and fleets.

24 startups, 8-months of business acceleration and 5 accelerator program
The startups join one of five accelerators focusing on technology, cleantech, foodtech, life science & biotech and medtech & health care as part of the Scale-up Denmark initiative. The accelerators also take in startups from around the globe incl. New York City, USA, Germany, Sweden and Finland.

Each Accelerace program is specially designed to scale ambitious and tenacious startups. Accelerace recently expanded the team to a total of 23 startup experts ready to bring their well-rounded experiences from venture capital firms, larger corporations, academia and as serial-entrepreneurs in play – all with a passion for innovation and creating startup winners.

Each startup will have a tailored program laid out to them and Accelerace expect that about 60% of the companies will raise capital during or immediately after graduating the program.

Meet the Accelerace team here: Read more about national Scale-up Denmark initiative here

Get a quick rundown of the startups below or check them out on


Waturu (Denmark)
The most energy efficient and water-saving water heater that instantly gives you warm water and counteracts bacteria.

Aqubiq (Denmark)
Aqubiq is a green tech startup with a mission to deliver innovative solutions within water metering that changes how water is consumed around the world.

Flow-loop (Denmark)
Flow-loop provide smart showering solutions for any bathroom.

Coolar (Germany)
The Coolar system uses warm water that is easy to generate through solar energy and easy to store in a water tank.

LO3 Energy (New York, US)
LO3 Energy is a technology and business development consulting firm with a focus on emerging decentralized business models and innovative technologies related to energy, cleantech and currency systems.


RETAP (Denmark)
Retap is a specially designed bottle for drinking tap water.

PlantJammer (Denmark)
Discover surprising food pairings to jazz up your cooking.

FeelGoodCompany (Denmark)
RATION is a completely natural, simple and nutritious food bar.

TruuGum (Denmark)
TruuGum is an innovative chewing gum is 100% sugar-free and based on natural and sustainable ingredients.

YouSenseIT (Denmark)
YouSenseIT are specialists in creating shopping experiences in physical sales channels.

FaunaPhotonics (Denmark)
FaunaPhotonics monitor insects to ensure sustainable crop utilization and to improve tools for disease control and biodiversity for the benefit of mankind

Enorm (Denmark)
Enorm believes that insects are the sustainable protein source of the future and sells insect snacks produced in Denmark.


Obiplus (Denmark)
OBI+ provide innovative services for connected vehicles and fleets.

Augmento (Denmark)
Augmento provides innovators with intelligence about emerging technologies and changing consumer needs.

Chabber (Denmark)
Chabs is an online job market that connects companies with freelancers in the hotel, event and catering industry

Botsupply (Denmark)
Botsupply is a team of bot creatives and AI scientists with one common goal: Blowing business objectives out of the water with bots and cognitive solutions.

Swabkids (Denmark)
Swabkids is an app that makes life simple for modern families.

Sensative (Sweden)
Sensative develops practical IoT products and platforms for everyday use.


Saninudge (Denmark)
Saninudge connects hand hygiene to the cloud in hospitals. Saninudge’s sensor network collects real-time data on compliance, improving staff habits over time with increased accountability. (Denmark) provide innovative laboratory equipment that enables both speed-up and cost reduction in biosustainable research.

AlcoWhey (Denmark) AlcoWhey has developed a new technology for conversion of the residual lactose in side streams from the dairy industries.

Mosspiration Biotech (Denmark) Mosspiration Biotech uses moss as a green cell factory to produce small natural products.

GDV Technology (Denmark)
GDV technology has developed a sore protective bed for the health care sector that automates pressure relief and streamlines manual transfers of patients.

Peili Vision (Finland)
Peili Vision provides neurological rehabilitation in virtual reality

Read more about the current batch here
Read more about Scale-up Denmark here:



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NOME welcomes four new high-potential Nordic life science startups


NOME (The Nordic mentor network for entrepreneurship) has engaged with four exciting life science startups. These companies come from a diverse range of technologies, personalized medicine in cancer, a diagnostic for joint damage, a stem cell therapy in diabetes and a company working in artificial intelligence to help diabetes patients manage their disease.
NOME (The Nordic mentor network for entrepreneurship) – which is operated by Accelerace and funded by the Novo Nordisk Foundation – has engaged with four exciting life science startups.  These companies come from a diverse range of technologies, personalized medicine in cancer, a diagnostic for joint damage, a stem cell therapy in diabetes and a company working in artificial intelligence to help diabetes patients manage their disease.

These NOME startups will now meet regularly with a team of experienced business mentors within their field, who will advise and support them to help them realize their goal of providing tools and therapies to patients.

As a part of the program, NOME also provides a unique opportunity for the startups to participate in US a boot camp, where the companies get access to a US network of advisors who will help with strategy and introduce them to possible partners, investors and collaborators.

Meet the NOME Mentors here:
Meet the new NOME Startups here:

Orthogenics (Norway) is leading in the field of joint replacement diagnostics. Orthogenics has identified a specific biomarker that is persistently detected in synovial tissue of the joint and correlates strongly with prosthesis failure. The aim is to generate a new product line for molecular diagnostics of prosthesis loosening.

SAGA Diagnostics (Sweden) is a personalized cancer medicine and disease monitoring company.
Their tests quantify circulating tumor DNA (ctDNA) — a powerful new biomarker — to detect cancer, measure response to therapy, and decipher the cancer-specific DNA mutations that may be targetable with clinically approved drugs or therapies currently in clinical trials.

Hedia (Denmark) is a personal diabetes-assistant, based on artificial intelligence that picks up patterns and habits of the individual diabetic patient.  Hedia has developed an app with a simple and intuitive design that will allow diabetics to enter; blood sugar levels, their meal, level of activity, to then get a suggested insulin dosage. Hedia learns from the data diabetics enter, so Hedia becomes smarter, to provide better advice when used regularly.

PanCryos (Denmark) is a spin-out company arising from DanStem, University of Copenhagen, aiming to develop a next-generation stem cell-derived allogenic cell therapy (PanINSULA™) for Type 1 diabetes. PanCryos has assembled a team with experts in stem cell biology, islet transplantations, business and regulatory guidance and is currently funded by pre-seed funding from Novo Seeds and a KU POC grant.

Get an overview of all the NOME participants here:

About NOME
The Nordic Mentor Network for Entrepreneurship (NOME) is a Nordic and Transatlantic mentoring program that aims to improve the success rate of life science startup companies located in the Nordic countries. The mentor network consists of high profile life science executives that mentor best in class start-ups. NOME aims to position the Nordic region in a leading position in commercializing promising startup companies in the life sciences. NOME currently has +31 mentors and 11 enrolled startups. NOME is operated by Accelerace and funded by the Novo Nordisk Foundation. The initiative is represented in the Nordic region and the US through partnerships in Sweden, Norway, Finland and in North Carolina in the US. Read more on

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Investment: MonTa BioSciences raises investment for promising cancer treatment


The Copenhagen-based biotech company MonTa BioSciences Aps has just raised 2 million DKK from the incubator Pre-Seed Innovation for their promising cancer treatment. Their new cancer drug is designed to actively train the body’s immune system to recognize and destroy cancer cells.

Five Danish entrepreneurs from the company MonTa BioSciences have raised €270,000 from the incubator Pre-Seed Innovation and it is well underway in developing an innovative cancer immunotherapeutic treatment. The Danish entrepreneurs have found a method in which the body’s immune system is trained to actively recognize and fight cancer cells. The treatment makes use of nanoparticles of less than one ten thousandth of a millimeter, which is able to deliver an immune activating substance specific for the immune system’s major cell types.

MonTa BioSciences is part of the Accelerace life science accelerrator and the international elite Nordic Mentor Network for Entrepreneurship (NOME) which is organized by the Novo Nordisk Foundation and Accelerace.

“Often cancer cells avoid being detected on the immune system’s radar, but we can now give the immune system a solid boost, so it can recognize and fight cancer cells more effectively than we see today,” says Simon Skjøde Jensen, Ph.D. and CEO of Monta Biosciences, and continues:

“With the investment from Pre-Seed Innovation, we can now take the next steps to develop our treatment and come closer to getting the technology to market. It is a big step in the right direction, and together with our previous investment from the Innovation Fund Denmark, we now have a good base to build an even stronger product that will provide unique opportunities for further development and attraction of strategic partnerships and investments.”

MonTa BioSciences’ treatment is unique since it can advantageously be combined with a large proportion of the current treatments available on the market, including chemotherapy, radiation therapy, antibody based therapy, such as Rituximab or Darzalex, as well as the highly successful immune checkpoint inhibitors, which have been approved over the last year and already used to treat against melanoma and lung cancer.

Strong network and management team
MonTa BioSciences started as a spinout from DTU Nanotech Department of Micro- and Nanotechnology and it is today part of the international mentoring initiative for life science companies, Nordic Mentor Network for Entrepreneurship (NOME), which is organized by the Novo Nordisk Foundation and the startup accelerator Accelerace. The mentor network provides access to experienced biotech entrepreneurs and entrepreneurial ecosystems in life science in Europe and in the United States and gives startups training and mentorship from some of the most experienced professionals in the Nordics.

“Research and new methods continuously provide innovations and new ways to diagnose and treat cancers that have a positive effect in fighting cancer. MonTa BioSciences new cancer drug is both a visionary and a promising treatment method that could potentially increase survival rates among cancer patients significantly. MonTa BioSciences has an experienced and skilled team and with we expect a lot of with the investment from Pre-Seed Innovation, “says Peter Birk, PhD, business accelerator in Accelerace and NOME and biotech investment manager in Pre-Seed Innovation.

MonTa BioSciences platform immunotherapy can potentially also be used for treating other diseases where the immune system has a critical role, such as autoimmune diseases including multiple sclerosis, rheumatoid arthritis and diabetes, but also in allergic diseases. Monta Biosciences will initially focus on completing the new cancer agent.

Read more at Monta Biosciences, Pre-seed Innovation & Accelerace that administers Pre-seed innovation biotech investments.


About MonTa BioSciences Aps
MonTa BioSciences is a Danish biotech company that has developed a new immunotherapeutic treatment particularly for cancer treatment. With MonTa BioSciences’ treatment, the body’s immune system is trained to recognize and eliminate cancer cells. MonTa BioSciences is today part of the accelerator Accelerace and NOME (Nordic Mentor Network of Entrepreneurship), which is an international mentor network for particularly promising life science companies. Read more about MonTa BioSciences here:

About Pre-Seed Innovation
Pre-seed innovation is the biggest innovation incubator in Denmark that invests in high-tech solutions. Pre-seed innovation was established in 2009 as a merger between DTU Innovation and Symbion and today works closely with the investment fund SEED Capital. The biotech investments is administered by the accelerator Accelerace who spots, trains and invests in promising startups. Read more on

About Nordic Mentor Network for Entrepreneurship
Nordic Mentor Network for Entrepreneurship (NOME) is a best in class mentoring initiative that raises the business potential for promising life science startup companies in the Nordic region. NOME is organized by Accelerace and based on a Novo Nordisk Foundation initiative. The ambition is to build a network of the highest international quality to position Denmark and the Nordic region in a leading position in the commercialization of promising research initiatives and startup companies in the life sciences. NOME currently has 26 mentors and 7 enrolled startups. The initiative is represented in the Nordic region and the US through partnerships with Medicon Village in Sweden, Oslo Cancer Cluster Incubator, Oslo Medtech, and Commonweal in North Carolina in the US. Read more on

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IMPACT GROWTH: a partner accelerator with €3.6 million for startups


European accelerator IMPACT is launching IMPACT GROWTH, a new acceleration program led by ISDI and Accelerace with a fund of €3.6 million and the final aim of identifying four European super startups. In the first stage of the program, IMPACT Growth will finance 28 startups with €100,000, equity free.

The program, which was launched on February 27 at 4YFN Barcelona, the startup event of Mobile World Capital Barcelona and GSMA, is focused on four verticals and aimed at startups from all over the world in the growth phase, with products that are already in the market. Furthermore, startu


ps should have the potential to achieve Seed and Series A round financing at the end of the acceleration program, to access capital already focused on scalability and international growth. The four verticals are: Smart Infrastructure & Cities, Smart Content, Smart Manufacturing, and Smart AgriFood.

As in IMPACT’s previous programs, funding will go hand in hand with a high-performance startup training program in which renowned experts and international entrepreneurs will deliver practical classes in Madrid, Copenhagen, and Barcelona. In addition, entrepreneurs will have access to an international network of more than one hundred recognized mentors, founders, and investors who are experts in different key areas of knowledge, both in the digital sector and in the accelerator’s four verticals.

Mentors will help startups solve complex issues related to business, technology, and scalability. Following the acceleration phase of the program, two startups selected from the batch of 28 will also receive an additional €150,000 equity free, and the best four will have the opportunity to get up to €1.5 million in private investment from Kibo Ventures and Accelerace.

Startups will receive support from the FIWARE Foundation in incorporating FIWARE technologies into their software architecture. FIWARE is an innovative, open source, and cloud-based technology stack that eases the creation and global deployment of smart services and applications in the new Digital era.

The search for four “super startups”

An important aspect of this new program is the creation of four acceleration verticals. Each vertical is supported by a large international organization that will act as a mentor to selected projects, offering focused expertise and the possibility of future partnerships. The areas are:

  • Smart Infrastructure & Cities, supported by Ferrovial Servicios;
  • Smart Content, with DOCOMO Digital as leader;
  • Smart AgriFood, led by Danone;
  • Smart Manufacturing, partnered with MADE (Lego).

The startups selected for this specific plan will be incorporated into a demanding acceleration program led by ISDI and Accelerace and supported by the multinationals that are part of the project. These startups will be able to access world-class events and top-level mentors as well as the private financing of €1.5 million led by Kibo Ventures and Accelerace.

IMPACT Growth is accepting applications on their website until May 9th, 2017.


Accelerace takes in seven high-profile startups


Accelerace has just kicked off a new round of the eight-month accelerator program. The new startups in Accelerace consists of technology & life science companies, among others Digisec who can segment the market for digital add space, LassoX who deliveres robot generated business news and Antag who’s fighting obesity.

Here’s a quick rundown of the companies in the new round of Accelerace:

Technology startups

Deemly deemly is a reputation site, which shows the trustworthiness of users engaging in peer-to-peer transactions by combining ratings and reviews from multiple peer-to-peer platforms, such as Airbnb, ebay, and UpWork.

Talking Ninja Learn a new language in 90 days.

Digisec For the first time ever you are able to segment the entire market of Digital Add Space. We call it “Add Full Reach”

LassoX LassoX is a Danish robot generated business news platform. News stories are written based on public available records about all Danish companies. Read more on

Capty Capty suppies photo books and print solutions that supports easy implementation from social media. Capty has among other developed the wedding picture app Read more on

Life Science startups

Antag Antag is working on a promising hormone treatment to fight obesity.

VasDeBlock VasDeBlock is the alternative male contraception method that is non-surgical, hormone-free, and easily reversible. Read more on

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Alumni news: The Eye Tribe acquired by Facebook


Soon you’ll be able to control your VR-experience using the eye tracking technology by the Danish startup The Eye Tribe who just got acquired by Oculus owned by Facebook.

The startup was accelerated by Accelerace in 2012 and have now come a long way on the global tech scene with their technology that precisely determines your on-screen gaze position on smartphones, and potentially for virtual reality headsets in the forthcoming years.

According to TechCrunch the eye tracking technology is currently very promising in making VR-experience more life-like. Other uses are auto-scrolling of an on screen text or sheet music while reading or playing an instrument while gaze analytics can prove to collect valuable insights as to where people are looking when using an app or a technological product.

The Eye Tribe have previously taken investments from Startup Bootcamp and the Danish National Advanced Technology Foundation. The price of the acquisition by Facebook is yet undisclosed.

Watch the YouTube video of how the technology works here:



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Meet the 17 new startups in Accelerace


Seventeen world-class startups are now ready to take on their 6-8 month Accelerace journey from startup to scaleup.

In the fall of 2016 Accelerace launched five new startup accelerators with focus on information communication technology, foodtech, cleantech and life science & welfaretech as part of the Scale-up Denmark initiative. The first batch of startups in the five new accelerators has just begun their journey to scale their startup.

Among the new companies are Sensohive who have made high-performance wireless temperature IoT-sensors for restaurants, or Praice who has built a new innovative HR-platform, or Relibond who has developed innovative high-voltage cable assemblies that are 30% more effective than conventional solutions. In the life science & welfaretech accelerators skilled startups on Ph.D.-level are working on new innovative cancer treatment solutions. Among the 17 companies are also TellSpec from Canada, Qarnot Computing and Sensewaves from France.

Business school for startups

During the next 6-8 months the startups will gain access to 200 hours of consulting with an experienced serial-entrepreneurs, camps, labs and a wide network to partners such as Maersk, Novo Nordisk Foundation, Agro Business Park, Clean and Insero. After completing the program startups have the opportunity to raise a seed-investment round to further boost their company’s growth trajectory.

Accelerace will attract up to 1500 Danish and international startups over the next few years as part of Scale-up Denmark. The programs will not just be for Danish companies, but also for international entrepreneurs with an interest in the European market and will use the strong ecosystem in Denmark as a springboard for further growth.

Meet the 17 high-potential startup companies below.


Production Hero Production hero has developed a planning and scheduling tool to simplify TV production

Traede – Traede has developed a highly effective B2B eCommerce platform to make sales easy

Praice Praice is your personality profile, built by feedback from your network. Praice enables a credible communication of personality because it avoids the shortcomings of traditional personality tests, based on self-reporting.


Food tech

Landmad Aims to connect the local farms with urban consumers to say goodbye to industrial production and hello to good quality directly from the field, garden or stable.

Neatmeal Neatmeal is an online portal for private dining.

Kastberg High quality homemade Italian ice cream.

Sensohive High-performance wireless temperature sensor for restaurants.

TellSpec TellSpec is a data company that offers real-time, affordable, reliable, nondestructive, handheld food analysis.

Nohrlund Nohrlund offers a wide range of highly praised ecological bottled cocktails.


Clean Tech

QarnotComputing (from France) Has built the first computing heater for smart buildings.This allows you to get free heating while selling CPU power.

Sensewaves (from France) Sensewaves delivers adaptive analytics for the internet of things.

LeapCraft Leapcraft is a new age global innovation provider working with user centered design, big data and technology exploration.

Relibond – ReliBond IVS has developed innovative high-voltage cable assemblies that are 30% more effective than conventional solutions.


Life Sciences and welfare tech

Monta Biosciences MonTa Biosciences is a start-up biotech company who is active in immuno-Oncology with a focus on cancer immunotherapy.

Immunitrack Immunitrack is a novel spin-out company from the University of Copenhagen that builds on more than a decade of research in the neonatal Fc receptor (FcRn) and Major Histocompablility Complex Molecules (MHC).

Askari Askari develops novel therapeutic agents against worm infections in hens, pigs and other production animals that could save millions in production loss for the farmers.

Hedia Hedia is a personal diabetes-assistant, based on artificial intelligence that picks up patterns and habits of the individual diabetic.

Next application deadline is December 15th 2016.
Read and apply on

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Accelerace expands with 5 new programs


Accelerace now offers 5 new accelerator programs for talented Danish and international high-growth companies in ICT, welfare technology, clean tech, life science and biotechnology as well as food. This is done as part of the Region’s Scale-Up Denmark initiative in cooperation with several leading partners such as Maersk and Novo Nordisk Fonden, who is opening the doors for learning, knowledge sharing and networking with startups.

Accelerace has just been selected to run half of the 10 acceleration environments in Scale-Up Denmark and the programs are expected to attract no less than 1,500 Danish and international startups over the next three years.

Peter Torstensen, CEO of Accelerace says: “The programs will not just be for Danish companies, but also for international entrepreneurs with an interest on the European market and will use the strong ecosystem in Denmark as a springboard for further growth,” and continues:

“We are looking for entrepreneurs like elite swimmer Pernille Blume – i.e. talent, which has not yet fully expanded are able to do it with the right help. With our specialized training and experience from 300 startups, I believe that we are best to unleash the talented entrepreneurs’ investment potential.”

Programs with industry focus and specialization

Both in Denmark and abroad, accelerator programs have typically been targeted at IT startups.

But now Accelerace launches 5 new industry-specific accelerators based in different regional hubs in Denmark. The new programs will ensure a more customized approach and delivery of highly specialized industry knowledge, and will count startups in the fields of ICT, welfare technology, clean tech, life science and biotechnology as well as food.

Applications are now open for registrations for both Danish and international companies, and aims to mature companies to raise seed capital and venture capital.

Corporate cooperation to ensure network and expertise

In connection with the start of the new programs Accelerace has also signed a number of partnerships with major Danish companies, including Maersk.

Anneli Bartholdy, Innovation Portfolio Manager in Maersk Maritime Technology, says about the cooperation:

“Maersk needs new solutions to meet our existing business challenges and at the same time, we need to grow. The cooperation with Accelerace is an important part of this, where we hope to spot interesting startups that can solve our challenges and challenge our way of thinking. In this way, we learn more about how an accelerator can help our business interests, while we also have the opportunity to support the growth and maturation of new companies ”

For startups, collaboration with established companies is a unique opportunity to access their network and expertise and to test their product.

Claus Harbo, CEO of Zertify, which has developed a method of standard software for managing certificates that are particularly relevant in the offshore industry, says of the initiative:

“It’s exciting that Accelerace can now take their concept one step further and make the programs available internationally and even more industry-specific. And cooperation with established companies such as Maersk is a great strength, because as a startup – in dialogue with the company – can adapt its product in relation to market requirements, increasing the likelihood of success and scale. ”

Applications are open now for the first batch starting in November 2016.

Apply and read more here

Read the full story in Børsen

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Instamic wins 1st place and €250,000 in the Next Step Challenge startup competition


The San Francisco startup Instamic has won the 1st prize of €250,000 in the international Next Step Challenge accelerator program and startup competition based in Denmark. The startup was awarded 1st prize for their unique ‘GoPro of microphones’ that’s smart, small, affordable and easy to operate.

Instamic has developed a tiny smart microphone that’s ideal for musicians, filmmakers, journalists, bloggers or anyone who need a simple and effective means of capturing sound. The idea started in San Francisco in the start of 2015 when filmmaker and documentarist Michele Baggio saw a huge market need for professionals and consumers to capture audio like they never imagined before. Today the tiny, wearable, wireless & waterproof Instamic microphone is on the market and set a whole new standard in recording.

During the last eight months Instamic has been competing in the Next Step Challenge startup competition against 15 international startups within two program tracks: Sound & Home Integration and Smart Energy & Digitalization. In a public award show on September 7th in Denmark Instamic was selected as the winner of the 2016 program among 15 high-potential growth startup companies.

“We are incredibly happy to win the Next Step Challenge 2016 in fierce competition with many highly skilled entrepreneurs and startup companies from around the world. The Next Step Challenge program has been intense and brought our business plan, sales and marketing strategy to the next level,” says Michele Baggio, CEO of Instamic, and continues: “We moved to Denmark to gain access to the European market and brand Instamic with a strong Danish touch. In only one year from our crowdfunding campaign we went really far and winning the €250,000 prize is an amazing achievement. We are full of joy and energy and can’t wait to get back to work and find talents in the audio industry in the Silicon Valley of Sound.”

Huge market potential
During the Next Step Challenge program, the startups have been mentored and accelerated by Accelerace and been able to test their technology and gain access to skilled experts within their fields in Danish utility company SE and the Danish design icon and consumer electronics company Bang & Olfusen A/S. The startup companies were all judged by their business opportunities, team, development through the program, growth potential and how they were going to use the prize money.

Søren Bech, head of research at Bang & Olfusen A/S and member of the jury says: “It was a close race this year but Instamic stood out on several areas. They are ready to market their technology, their production is already up and running and they have identified a clear need in the market. During the program they have built a network with the Danish world-class audio R&D organizations to optimize their product and business.”

Peter Torstensen, CEO of Accelerace, who was part of the Next Step Challenge judging panel says: ”It has been a difficult decision for the judging panel since the competition is full of talented startups with incredible ideas and innovative foresights about the technology of the future which can be developed in Denmark. Instamic wins the first prize for the solution to digitalize and revolutionize an industry. During the program they have developed their technology and attracted many new customers. We believe they have a huge potential.”

Lisbeth Valher CEO of SE Next Step says: ”Next Step Challenge has a high international standard and have created the ideal test environment for the development of new innovative technologies. Over the course of three years we have invited high-potential companies from all over the world to join.  We believe that the combination of many global leads, a focused selection process, a systematic innovation process, close partnership with larger corporations and a strong network of mentors is the right combination to create success. The companies are all seeking to develop the technologies of tomorrow whose success can pave the way for other new technologies.”

Instamic has been on the fast track since they started in 2015 and recently raised an impressive $400,000 on the crowdfunding platform Indiegogo to produce, market and ship the Instamic microphone to their more than 3000 backers.

The Next Step Challenge investors’ choice award of 25,000 DKK plus two exclusive Bang & Olufsen speakers went to fintech and iBanking startup Cogni from Ireland and Australia.

See Instamic’s spotlight video here:

Read more about the Next Step Challenge participants here:

Read more about Instamic here:

Read more about Cogni here:

During the Next Step Challenge program all companies have been interviewed about their startup and the startups have also produced a short video. Read Instamic’s interview and watch their video here:

Also, we captured the announcement of the winner on Facebook – view it here:

Participating companies: Certware (Denmark),Cinemood (Russia), Cogni (Ireland/Australia), DFT (Cleveland, USA), EEme (Pittsburg, USA), Instamic (San Francisco, USA), Linguoo (Uruguay), Okeanos Technologies (Cincinnati, USA), Qarnot Computing (France), Sensewaves (France, Greece), Shared Electric (Switzerland), Soledge (France), Telewander (Chile, Russia), Tracktl (France), Zylia (Poland).

About Next Step Challenge

The Next Step Challenge is a Danish internationally focused accelerator program and startup competition that supports promising startups through a 8-month program, which will all be wrapped up at an award show where €250.000 is granted to the winning startup. The program has participants from USA, Greece, Australia, Uruguay, Poland and many more. All companies have products within the two program tracks Sound & Home Integration and Smart Energy & Digitalization. The competing startups are all relocated to Next Step City in Esbjerg and Nupark in Holstebro. The Next Step Challenge is created by Accelerace, SE, Bang & Olufsen A/S, FærchFonden, Nupark & The Region of Southern Denmark. Read more about the Next Step Challenge on

Instamic wins Next Step Challenge 2016. Photo by Christina Simonia Straarup.

The happy Instamic team after winning Next Step Challenge and the 1stprize of €250,000. From left: Sandra Åkerling and Michele Baggio, CMO & CEO at Instamic. Photo by Christina Simonia Straarup.

The Instamic microphone in action. Photo by Instamic.

Instamic – the world’s smartest microphone. Photo by Instamic


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Accelerace Invest: Donkey Republic raises double-digit Series A investment


In January 2016 the bike-share startup Donkey Republic raised a pre-seed investment round with participation from Accelerace Invest. Today – seven months later – they have raised a double-digit Series A investment from the Danish venture fond VF Venture and Luxemburg-based VC Howzat. That makes it one of the fastest Series A investments in the history of Accelerace Invest.

The bicycle makes sense in cities. With the rising urbanization the bike offers a great way to move around on two wheels and there are many social, economic, environmental, safety and public health benefits of urban cycling. The bike-share startup Donkey Republic are well aware of these benefits and has combined the global trends of urban cycling and sharing economy. With a new double-digit Series A investment the startup is looking to scale their business internationally.

Donkey Republic offers a simple and easy way for tourists, commuters and others to get around. Just book a bike online and unlock it from a smartphone 24/7, in Copenhagen or other cities around the world.

Erdem Ovacik CEO of Donkey Republic says: “We are looking to export the Danish culture of urban cycling which the support from Accelerace and now the series A investment from VF Venture and Howzat has paved the road for. The experience, knowledge and network of the Accelerace Invest team has been of great value to us and have played a big part in getting us to where we are today. We are thrilled with the new Series A investment that has made it possible to take in new skilled team members and expand to new markets.”

From pre-seed investment to series A in seven months
The startup has been on the fast track ever since it was established in 2014 in downtown Copenhagen by the four skilled entrepreneurs, Erdem Ovacik, Alexander Frederiksen, Rune Kokholm and Jens Frandsen. In the fall of 2015 they got accepted into the Accelerace program and later in 2016 raised a pre-seed-investment with participation from Accelerace Invest. Since then the startup has gotten more than 500 bikes on the streets of Denmark, Sweden, USA, Great Britain, Spain and New Zealand.

The new Series A investment where VF Venture has invested 10M DKK and Howzat has invested a couple of million DKK acording to Børsen. This makes it one of the fastes Series A investments in the history of Accelerace Invest.

David Ventzel, investment manager at Accelerace Invest says: “Donkey Republic is a one-of-a-kind startup with international potential and a great team of ‘go-getters’ with lots of startup passion and an ability to learn and adapt when necessary. This has been crucial for us in Accelerace Invest when we invested in the startup in early 2016. We are truly pleased about their Series A investment and look forward to be part of their exciting road ahead.”

With the new investment Donkey Republic aims to get 2000 donkey-bikes on the street in 2016 and 10,000 internationally over the upcoming years.


Video: Donkey Republic. The global community of smart bike sharers

Read more about Donkey Republic’s investment on the following links

VF Venture – Vækstfonden – Donkey Republic: Dansk koncept ofr dele-cykler ruller ud i verden

Børsen – Cykel-branchens svar på Airbnb? Iværksættere henter millioner til kæmpe satsning.

Donkey Republic on stage in March 2016 at Nordic Startup Conference as winner of the Battle Of The Vikings Nordic pitch competition organized by Accelerace.


Graduateland acquires Madrid-based startup, Tyba, and expands in Southern Europe


Accelerace Alumni, Graduateland, has acquired the popular recruitment platform, Tyba, in a move that will allow the Copenhagen-based startup to help an even greater number of students and graduates to take off in their careers. Additionally, Graduateland will now provide both large companies and startups with a more diverse pool of talented candidates.

By purchasing Tyba- a leading Spanish recruitment platform focused on startups and Internet companies, Graduateland- Europe´s largest career network for students and graduates, has set on a journey to reach higher heights by unlocking the potential offered by the promising Spanish market.

Patrick Lund, CEO and Co-founder of Graduateland explains the reasons behind the acquisition: “Expanding within our existing market of students and graduates, as well as coupling the attractive segment of startup companies made Tyba the obvious acquisition target.The potential to service our users grows exponentially by integrating what Tyba has created over the last four years”. According to Patrick, Graduateland will now be in a better position to focus on the developing Spanish startup segment, and bridge talented students and graduates with career opportunities in the startup ecosystem.

Additionally, the acquisition has also been welcomed by recruiting managers. Lise Emilie Fritzboeger, Employer Branding & HR at Siemens, considers that Graduateland makes it easier for companies to target and attract students and graduates of different nationalities.

Graduateland participated in the Accelerace accelerator program in the fall of 2012 and later raised seed investments from Accelerace Invest twice, summing 5 million DKK. Jesper Knudsen, partner in Accelerace & Chairman of the Board at Graduateland, considers that through the acquisition of Tyba, Graduateland keeps pace with nowadays higher demand for talent mobility, making it easier for students to relocate in other European countries.

Graduateland is bringing together companies, students and universities and creating a large career network for almost 500.000 students and graduates. Currently, more than 25 European universities have implemented the solution, including Copenhagen Business School in Denmark, Lund University and Stockholm University in Sweden and KU Leuven in Belgium.
Read Graduateland’s official announcement here: And read the story on TechCrunch here:


Alumni news: Coinify announces new partnership with Nets


Accelerace Alumni Coinify has entered a partnership with FinTech giants, Nets. Together they have established a Blockchain Development Lab to unlock and utilize the potential of the bitcoin technology.

There is strong potential in the field of blockchain technology and two of Europe’s the biggest players in digital and blockchain payments have set out on a journey to explore and capitalize on the opportunities. The new partnership between Coinify and Nets enables cooperation with internationally renowned experts in the field, in order to develop new concepts as the basis for creating specific products and services. Mark Højgaard, CEO and Co-founder of Coinify considers that the partnership will enable both companies to provide first-class products and services for key stakeholders such as consumers and businesses. Furthermore, through the partnership, both companies aim to increase the commercial applicability of the blockchain technology within high security standards.

Jan C. Plenge, Senior Vice President of Digital Innovaton at Nets, considers the partnership with Coinify as an excellent step towards a thorough understanding of the disruptive potential that blockchain technology has. In 2014 Accelerace invested in Coinify, partner and investor at Accelerace, Jesper Knudsen says on LinkedIn ( “We are very pleased to see Coinify getting accredited by the major players within the payment industry. At Accelerace we are pleased to be part of this journey and congratulate the team for their professionalism.”

Read more about Coinify here:

You can also read more about the partnership between Coinify and Nets in the following news articles:


Next Step Challenge wins best accelerator award at Nordic Startup Awards


The Accelerace partner project Next Step Challenge has won the award as best accelerator program for the second consecutive year the Nordic Startup Awards 2016.

The annual Nordic Startup Awards event recognizes, celebrate and connect the Nordic startup ecosystems by putting a focus on startups, founders, CTO’s, journalists, investors and accelerators who have excelled during the year in the Nordic countries. The Danish national finale was held in Industriens hus in Copenhagen and organized by WeLoveStartups for a great night of networking, inspiring speakers and celebration.

Søren Lottrup partner at Accelerace says: ”It’s a great honor to win the prestigious award as best Danish accelerator at the Nordic Startup Awards and we are very proud to win the award for the second consecutive year. The last year has been eventful with the expansion of a new program track focusing on Sound & Home Integration, which makes Next Step Challenge one of the only accelerators globally to focus on scalable companies in this area. We are looking forward to the regional finale of Nordic Startup Awards where we’ll be competing against top accelerators.”

Next Step Challenge won the title as Best Danish Accelerator for creating the best startup environment for growth and innovation and for fostering startups with the best financial results. The award was based upon the number of public votes and the decision of a panel of six expert judges who were looking at criteria such as funding offered in the nominated accelerators and also equity (%), success rate, knowledge, critical resources available, the startups in the program and number of public votes.

Eight months of business acceleration
Since the launch in 2013 the program has received 800 applications from more than 70 countries from around the world. Next Step Challenge has a 1stprize of €250,000 with no equity taken and a startup survival rate of 90%. Fifteen high-potential startups have just joined the third batch and have begun their 8 months of business acceleration and the competition for Europe’s largest entrepreneurial prize. The winner of Next Step Challenge 2016 will be announced in the fall of 2016.

“The accelerator model in Next Step Challenge is based on the hard work of all involved, both our corporate partners at Bang & Olufsen A/S, Nupark, Færchfonden and SE and not the least on the many hours of business acceleration the participants get from skilled Accelerace consultants who are entrepreneurs themselves.” says Søren Lottrup.

The Next Step Challenge accelerator model offers more than 200 hours of consultancy with skilled consultants and throughout the program the startups will be taken through an intense timeline of activities with focus on testing startup hypothesis and fine tuning the startup’s value proposition & beach head, partnerships, marketing, customer discovery and sales processes. The program also includes mentoring from US based MBA’s from UNC-Chapel Hill university and pitch training to get startups ready for their investor pitch at the award show where the winner of the 1st prize of €250,000 is found.

Read more about Nordic Startup Awards here:
Read more about the Next Step Challenge here:

The Nordic finale takes place in Iceland the 30th of May where Next Step Challenge is up against top accelerator such as STING from Sweden, Startup Reykjavik from Iceland, Angel Challenge from Norway and Startup Sauna from Finland.

Read more

Accelerace Life: Enixus Baltics and Rīga Stradiņš University Team up to Bring Great Science Closer to Market


Rīga Stradiņš University (RSU) has awarded Enixus Baltics (representing Accelerace in the Baltics) a contract to bring as many as five research based technologies closer to market.

Enixus will use local and international coaches, specialists, and trainers to help RSU researchers learn the entrepreneurial skills they need to bring their research to paying markets. This project will result in as many as four commercial offerings from RSU, increased awareness among RSU faculty of the possibility to commercialize research, and more international awareness of RSU as a strong partner for commercialization.

RSU is a Strong Regional Research Player

RSU is one of the Baltic region’s strongest teaching and research institutions and focuses on health and bioscience. One particularly strong area at RSU is in research of infectious diseases and immunology. The European Union recognized this in funding the 7th Framework program project “Baltinfect – Unlocking Infectious diseases research potential ar Riga Stradiņš University”.

In addition to promoting and developing high quality research, the Baltinfect project has striven to develop the intellectual property growing from this research. In the summer of 2014, Enixus helped to create an intellectual property development strategy, and now the time has come to try and bring the best RSU research closer to market.

Enixus and Accelerace to Lead RSU Research to Market

Enixus and Accelerace will manage an acceleration process that will explore how best to bring RSU intellectual property to market. While most ideas will not get to market in the 5 months of the process, ultimately these ideas and their owners will have a clear plan to market. Enixus and Accelerace will provide seminars and trainings in areas of entrepreneurship such as business modeling, use of LEAN tools, and creating strong partnerships. Also, experts will share opinions about the strength of the legal protection of the intellectual property. Researchers and idea promoters will also travel to Copenhagen where they will visit the Copenhagen Biosciences Park to work with carefully selected experts and potential partners.

Tom Schmit (Associate Partner – Accelerace), says that “this is a great opportunity to extend our cooperation with RSU and bring their projects closer to market. In our two years of work, we have developed a real understanding of their research and how much of it could really benefit so many.”

Broad Impact for RSU and Latvia

Not only RSU faculty will benefit. Many of the seminars and other events will be open to a wider Latvian science research public. Researchers from other institutions will be invited to the events.

Dr. Julija Voicehovska is a professor and internal medicine specialist at RSU and has worked with Accelerace. “I worked with Accelerace two years ago in Accelerace Life. I know that not only do they have great expertise, but also understand the science we have. I learned much that I still use in evaluating my own research choices.”

The capstone for the participants in the acceleration process will be presentations to local and international investors as well as other potential partners.

Enixus represents Accelerace in Latvia. Accelerace, based in Denmark, is Scandinavia’s leading accelerator and among the Top 10 accelerator programs and investors in Europe.

Read more about Accelerace Life here


Meet the 10 hottest European startup hubs & celebrate winners


On February 24th, OpenAxel celebrates its 9 winners and present the Top 10 hottest European startup hubs you need to know all about.

10.00-13.00: Networking with startups @booths 
13.00-14.00: Registration
14.00-14.10: Welcome by OpenAxel 
14.10-15.20: European startup hub pitchesfind out how these buzzing hubs can help your startup accelerate, enter new markets, find new investors and much more: 

Barcelona – Scott Mackin, Barcinno
Berlin – Christoph Sollich, Startup consultant
Amsterdam – TBD, StartupAmsterdam
Denmark – Rasmus Bjerngaard, #CPHFTW
London – TBD
Paris – TBD
Budapest – Csongor Bias, Head of Tech Incubation at Design Terminal
Madrid – Carmen Bermejo, Spanish Startup Association
Stockholm – Tomas Bennich, SUP46
Milano – Chiara Brughera, Talentgarden

15.20-15.35: LIVE Interview with MyTwinPlace – an OpenAxel alumni and a home swap platform for travelling entrepreneurs
15.35-15.45: OpenAxel Winner Announcement & Celebration – meet these cool winners of the OpenAxel contest:

Brain+ – Digital training platform where user is taken on a brain training journey  
Diabetes Lab – Personalized medical advice, implemented in an easy-to-use mobile app, cloud software or embedded into existing devices.
Momit – An intelligent device that connects heating boiler to the internet
Nnergix – A forecasting platform for the renewable energy industry and electrical markets using big data generated by multiple sources.
OJOO – An open platform to digitalize, publish and distribute location-based experiences with a fully customizable and intuitive toolbox
RemoteEye – A technical service tool that works in smart devices
STAY – A platform which allows guests to manage all aspects of their stay at a hotel with their mobile phone
Viomedo – Connects patients with clinical trial opportunities thereby accelerating the process of developing better therapies.
Xetal – An innovative indoor people localization technology

15.45-16.30: Networking with winners and startup hub experts

Join us at the OpenAxel/Telefonica OpenFuture booth4YFN conferenceFira Montjuic Barcelona on the 24th of February from 10:00-16:00. See the full program here.


Templafy Attracts More Capital and Tech Giants


Accelerace alumni Templafy, a branding and compliance solution for enterprise documents, has raised millions more in funding and secured a strategic partnership with Microsoft. The investment comes from both new and existing investors and brings the experienced entrepreneur, Preben Damgaard, onto the Board.

Templafy was founded in 2014 as a spinoff from the successful template management company, SkabelonDesign, as a response to the cloud-first business environment. It now counts 25 staff and is on course for solving visual and legal anarchy in documents for enterprises globally, helping to ensure compliance in the two billion business documents created by employees worldwide every day.

Templafy has focused its sights on the enterprise segment, with a client list that includes DSB, SEB and Nets, and 80K+ users now on the platform. Securing top tech talent is part of the company’s strategy with Preben Damgaard, whose former company Navision was acquired by Microsoft in 2002 – the largest acquisition ever made by Microsoft at the time – now joining the fold in this latest investment.

The links with Microsoft, as well as Templafy’s integration with the Office suite, has resulted in a strategic partnership with the tech giant. “More and more companies are choosing to move their software to the cloud. Templafy have chosen to build their solution in a way that fully integrates with the Office 365 platform, which means that they really remove a barrier to cloud adoption for all our customers, gradually ensuring our cloud services are adopted by the users. Cooperation with Templafy was therefore obvious,” said Aaren Ekelund, Head of Division, Microsoft Office.

Strong forces

The new investment comes from SEED Capital, Sunstone Capital and private investors, Jesper Theill Eriksen and Preben Damgaard. The capital raise comes in the wake of robust economic growth and the prospect of an almost untouched global market with more than 1bn enterprise users.

“Templafy has created a solution that’s extremely scalable and they have a vast market in view. Customers are really happy with the solution and the strategy works. The high degree of talent the company has managed to attract matches its high potential,” said General Partner of SEED Capital, Lars Andersen, also a member of Templafy’s Board.

The latest funding will accelerate Templafy’s reach internationally, as will the addition of Preben Damgaard to the Board. Damgaard was one of the driving forces behind the sale of uber successful startup Endomondo earlier this year, and had a 22% stake in the company Secunia, which was sold to Flexera Software in September.

“The investment allows us to power up our strategy execution, and the addition of Jesper Theill Eriksen and Preben Damgaard obviously brings tremendous value. They are both very experienced in the enterprise segment. Preben has a number of successful companies behind him, Navision included, that resemble the Templafy solution, both in market approach and in their relation to Microsoft. It’s therefore extremely valuable for us to have Preben join the Board,” said Templafy CEO, Christian Lund.

“Templafy closes a gap in the market and their product covers a universal need across geographies and industries. They solve a real problem recognised by most businesses. I chose to become involved in Templafy because the founders and shareholders are very experienced and because the technology supports a basic trend and combines dynamically scalable IT services with settlement of software as a service,” said Preben Damgaard.

Templafy raised its first investment in the summer of 2014, with approximately $2.5 million contributed by SEED Capital and Sunstone Capital.

About Templafy

Templafy is an enterprise branding and compliance tool. It simplifies how companies create, manage and share document templates and personalizes them for every employee. The solution ensures visual and legal consistency and delivers major efficiency gains for companies as well as individual users. Templafy was launched in 2013 as a spinoff from SkabelonDesign A/S, which has supplied template solutions to more than 700 companies in the enterprise segment worldwide since 2004.


New startup competition for entrepreneurs within Sound and Home Integration


Europe’s most ambitious startup competition Next Step Challenge is growing. The startup competition has added a new track in collaboration with Bang & Olufsen a/s located in Struer/Holstebro (North Jutland). The Færch Foundation (Færchfonden) and Bang & Olufsen a/s have partnered up with Next Step Challenge in the Science Park Nupark located in Holstebro / Struer. It is the first time for Next Step Challenge to start another track of the competition.

Startups with good ideas in the field of sound and home integration are invited to develop and test their products and market knowledge in collaboration with professionals from (among others) Bang & Olufsen a / s. The competition’s application deadline is December 1st, 2015.

But why do Færchfonden and Bang & Olufsen a / s choose to engage in the Next Step Challenge competition? Færchfonden is  a partner to support new activities in the area of Struer / Holstebro and to attract new businesses and jobs.

“Færchfonden is interested in supporting initiatives that contribute to the development of entrepreneurship and strengthen the business environment in Western Jutland. That is exactly the idea behind Next Step Challenge and we expect that the project in the long run will create growth and jobs in the area “says Martin Vang Hansen, director of Færchfonden.

Christian Iversen, Vice President of Bang & Olufsen a / s acknowledges: “Digitialization offers great opportunities for a company like ours and opens up for new business models and partnerships. We have strong development skills here that we wish to build  upon and we look forward to being inspired by the talents from around the world. This may in turn help to further boost innovation in the local area. ”

Nupark in Holstebro will get an international inspiration boost when the doors open for the coming finalists in sound and home integration on  April 1st 2016. This is the date when the  finalist companies will move to Struer/Holstebro, and just like in Esbjerg, become part of a buzzling development environment.

Initially there will be 5 to 7 companies in Holstebro / Struer.

Next Step Challenge – close collaboration is vital

Europe’s most ambitious entrepreneurship competition has already been running for two years in Esbjerg with a focus on smart energy and digitalization. Accelerace provides business development to the companies participating in the Next Step Challenge competition, in cooperation with SE’s innovation department, SE Next Step and Nupark.

The experience of the first two rounds are the basis for the new initiative in Nupark with Bang & Olufsen a / s, and it is especially the location close to a big firm that provides finalist companies with unique opportunities.
The openness at SE and now also at Bang & Olufsen a / s is crucial and the established business network that the hosts can provide is equally as important.

“The competition has got great value and it is clearly the result of the direct integration into these large companies that  raises the level  compared to other competitions. It also enables to increase the speed of development for the startups participating in Next Step Challenge. The synergy that occurs when innovative talents and a professional company collaborate, creates new inspiration and provides value for both parts, “says Lisbeth Valther, Managing Director at SE NextStep.

New Track reschedule – also in Esbjerg

The program for Next Step Challenge in Esbjerg has been postponed in order to give synergy, inspiration and network exchange for the startups enrolled in the two competition tracks in Holstebro and Esbjerg. Thus the two programs will start their first sprint on February 1st and startups will relocate to Holstebro and Esbjerg on April 1rst 2016th.

Accelerace´s CEO Peter Torstensen elaborates: “We build  upon this successful concept from the first two rounds and look forward to working with talents in the field of sound and home integration in collaboration with Bang & Olufsen a / s. We will continue providing high quality and top international entrepreneurial talents and we hope that we can help strengthen the valuable ecosystem around soundo and home integration in North Jutland.”

Facts about Next Step Challenge (NSC)
– The Innovation House, SE Energy and Digitalization and the accelerator program Accelerace are behind the initiative Next Step Challenge (NSC).
– Next Step Challenge program consists of– on top of a two-month online course – a six months period of intensive business development in Esbjerg and now Holstebro that will test and ripen startups ideas. The program ends with a final ceremony, where the winner of the programs will be announced.
– Application to the NSC Holstebro starts now and ends on the December 1rst 2015.

Visit to learn more about the competition and read the description of the new track on Audio and Home Integration.

For further information:
• Christian Iversen – VP People, Strategy & Organizational enablement at Bang & Olufsen a / s,, 29 22 89 04
• Martin Vang Hansen – Director, Færchfonden,, 96 10 60 30
• Peter Torstensen – CEO, Accelerace,, 39 17 99 93
• Lisbeth Valther – Managing Director, SE Next Step,, 2030 8452

Bang & Olufsen a/s:
Bang & Olufsen a / s produces a wide range of unique television and music systems, loudspeakers and
multimedia products that combine innovative technologies with an elegant design.

Færchfonden (The Færch Foundation) supports entrepreneurship, growth and local attractiveness in West Jutland through the development of entrepreneurship, business, culture, etc.
Among other things, Færchfonden has invested in Nupark Innovation A / S, creating new businesses and jobs in the North West Jutland.

Nupark is a 12,000 sqm development park with about 100 companies.
Nupark offers entrepreneurial and business services.

Accelerace is Scandinavia’s leading accelerator program working with the most promising Danish and international entrepreneurs and growth companies.

SE Next Step:
SE NextStep is SE’s center for knowledge and innovation with focus on digitalization, data and energy. The Innovation house is the setting for the Next Step Challenge in Esbjerg, and opens its doors directly into the SE group for the contest participants.


Bownty raises 25 million DKK (over 3 million euro) in series A funding


Accelerace alumni Bownty, a platform that collects the best deals in more than 1000 cities in Europe, has raised 25 million DKK (over 3 million euro) in series A funding. The new investment deal is the third one in the past four years, and it promises to accelerate company’s growth according to Bownty’s CEO Steffen Frølund, shared in interview with BusinessDK.

The funds will primarily be used for marketing, so that Bownty can increase the number of customers. The plan is to use company’s current channels but such alternatives as acquisitions of smaller-scale competitors in Europe or expansion to new markets, such as the US, are certainly not excluded. The competition in both Europe and America is something to be explored, as similar to Bownty service in the domestic market Dagensbedste has recently failed for bankruptcy while the US market is dominated Groupon, known as one of the fastest growing companies in terms of valuation.

Current funding round includes Bownty’s current investors as well as Pia Vemmelund, managing director at Momondo, and Howzat Partners, a venture capital fund that among other things previously helped to build guide pages such as Trivago and Cheapflights.

Bownty’s previous funding came from venture fund SEED Capital in 2012 and acceleratorforløb in 2013. Since then Bownty has been growing steadily, and today the company has a count of nearly 40 employees of 15 different nationalities. Last summer Bownty acquired its main competitor Yunait. As of 2015 there are 2.2 million Bownty users, who can take advantage of offers from more than 100 dealer services in eight European countries. In terms of sales, the company itself claims to make about 135 million DKK annually, which is rather impressive for a company that was established in 2011.

“With the history, of investors we’ve gotten, I see no obstacle that we can be at least as successful as Momondo and Trivago. And it is our overall objective,” says Frølund.


OpenAxel announces its second european startup contest


Accelerace’s partner project OPENAXEL launches its second call to detect the best European entrepreneurial talent and offers a high potential boot camp in Silicon Valley. If you believe you are someone in the tech scene and can be eligible as one of the TOP30 European start-ups be sure to apply.

Following the success of the first contest, OPENAXEL launches its second call to detect the best digital European entrepreneurial talent.  Accelerators and corporate start-up programmes are again looking for the most promising European startups.

This second OpenAxel contest will be open until October 30 2015.

Among other contributions, winners will receive a one-week Business Boot Camp in  Silicon Valley, world class mentoring, coaching by top rated CEOs, perks and mentoring by leading technology corporations, introductions to digital corporations and investors and privileged visibility in the main entrepreneurial events in Europe.

Since 2013 OpenAxel has been working to open the digital entrepreneurial ecosystem in Europe by fostering cooperation between stakeholders of the acceleration and the ICT industries.

OpenAxel’s recently upgraded website provides an interactive map demonstrating acceleration services offered within Europe as well as information on start-ups and digital corporations within the network. See

The map provides information on accelerators, corporate and ICT national trade associations in Europe. This can be used to help ICT start-ups develop and accelerate their businesses through cross border collaboration at European level.

For more information about OPENAXEL please visit or email


Accelerace alumni iPosen acquired by Dansk Supermarked


Accelerace alumni just got acquired by the largest Danish retail business, Dansk Supermarked. joined Accelerace in 2014 for our 11th batch of the accelerator program and later received an investment through Nupark Accelerace Invest to grow and develop their e-supermarket platform. specializes in delivering groceries to e.g. schools, day care centers and elderly people facilitated by governmental programs. is already working with the largest Danish municipalities such as Copenhagen and Århus municipality.

Dansk Supermarked estimates a market value at about 3-4 billion kroner for services toward the public sector and believes that digitalization and e-commerce holds a massive potential to their retail business. The acquisition of makes Dansk Supermarket online distributor of groceries to several Danish municipalities with the ambition to change a market characterized by being led by a few minor companies and a lack of transparency in pricing.

In Accelerace we are really happy to see what have achieved! Congrats to Moonis Kamil and the rest of the team!

Read the full article in Børsen today:…/avisen/artikel/…/120375/artikel.html


Europe’s largest startup competition opens for applications


Next Step Challenge has opened for the next wave of global startup talents to apply. Once again the competition and accelerator program will have Europe’s largest startup prize of EUR 250,000 for the winning startup. The application deadline is September 30, 2015 at 24.00 CET.

Next Step Challenge have opened for the application process the third batch of their startup competition and accelerator program based in Denmark, which will give further 12 businesses the chance to shape the next generation of energy and digital products and services.

The startup competition, powered by the utility company SE, the Region of Southern Denmark and Scandinavia’s leading accelerator, Accelerace, is a 6-month program where startups will be guided through the process of growing and developing their business.

Each startup will have access to a state-of-the-art digital infrastructure & smart grid, a wide business and investor network in Denmark and Europe, +200 hours of business consulting, international mentoring, a Founder’s pack worth more than €50,000 and free office space & housing – and the largest startup prize in Europe.

The program kicks off in December and in February the startups will relocate to the incubator Next Step City in Esbjerg, Denmark. The program will culminate in a grand award show in June 2016 where the 1st prize of €250,000 will be presented to the winning startup.

Next Step Challenge was established in 2013 and have a startup survival rate of 100% and 88% of the participating companies has raised investments with an average of EUR 1M. The previous winners have been Serbian Teleskin in 2014 for their advanced mobile app for early detection of skin cancer and melanoma and the Silicon Valley startup TableGrabber in 2015 for their disruptive middle-layer technology for restaurants.

The application deadline for the next round of Next Step Challenge is September 30, 2015 at 24.00 CET.


Last year’s winner TableGrabber on stage at the Next Step Challenge award show


ChurchDesk raises USD 2 mio. to help churches go digital


ChurchDesk is a cloud-based church management platform with an integrated set of tools that take care of ecclesiastical admin, increase transparency and improve information flow between staff, volunteers and the community. Christian Steffensen founded the company in 2010, having seen how his mother struggled to run her church in Denmark.

“The challenges that clergy face are two-fold – they have dwindling congregations because they lack CRM or marketing tools and they’re poorly managed,” comments Christian Steffensen, CEO at ChurchDesk. “My mother is 62, she’s been a pastor all her life and is a theologian. She’s hardly going to reinvent the way her industry operates but she does have an iPhone and an iPad.”

ChurchDesk’s tools include a task management dashboard, event planning, messaging via email and SMS, file-sharing and a user directory as well as a mobile app available on iOS and Android. It also features a mobile friendly CMS website that can be customized using templates, pulls events automatically from the calendar and supports newsletter campaigns and simplecampaigns and event sign up.

“The Church of England has twenty thousand churches and an enormous amount of money but it’s terrible at engaging its audience,” continues Steffensen. “Having focused on creating a church management system, we’re now building it out so churchgoers can use it to connect with their pastors as well as other churchgoers.”

Steffensen now has over a thousand users churches across Denmark,  and Germany and the United Kingdom as well as Klaus Nyengaard, previously chief executive of Just Eat, serving as chairman. Mangrove Capital Partners, an early backer of Skype and, led the investment while Nyengaard also joined the round having previously provided seed capital together with Accelerace .

“This really is an intriguing business. It’s already the dominant provider of church management systems and will shortly have an incredible network effect amongst both church workers and attendees,” comments Michael Jackson, partner at Mangrove Capital Partners. “The scope for growth here is phenomenal – it’s a $370bn market globally and has simply been overlooked.”


Coinify Acquires Competing Bitcoin Payments Processor Coinzone


Coinify has acquired competing Europe-based payments processor Coinzone as part of an undisclosed deal announced today

With the move, the Denmark-based company has expanded its merchant base to an estimated 10,000 actively monthly customers, up from 8,000 before the acquisition. Further, it has grown its employee base to 17, with the addition of Coinzone‘s sales staff.

Coinify CFO Christian Visti Larsen indicated that the purchase comes as his firm is seeking to shift its focus from acquiring individual merchants to payment service providers (PSPs). He explained Coinify is seeking to replicate a model invoked by its US peer Bitnet, in that it will seek to partner with larger entities that provide payments support to thousands of online merchants.

Visti Larsen told CoinDesk:

“More merchants today do business with a PSP and would rather have multiple payment options through a PSP. Most of Coinzone’s partners were asking for this service, so it seemed like a perfect match.”

Visti Larsen also commented on the success of this model in the US, where bitcoin payments are already supported by PSPs such as CardinalCommerce, PayPal and Stripe. He suggested it was time for the European market to “step up” its performance and said Coinify is working on as many as eight deals with regional PSPs.

Outgoing Coinzone CEO Manuel Heilmann told CoinDesk his firm’s existing management staff will remain at the company for a “transition period”, though no executives will join Coinify in full-time roles. Heilmann said he is seeking to return to the e-commerce industry, but will continue to advocate for the technology.

Founded in 2014, Coinzone is an Amsterdam-based payment processor that had garnered most of its traction in eastern Europe.


RezGuru by TableGrabber wins €250,000 in Europe’s largest startup competition


RezGuru by TableGrabber has won €250,000 in the international Next Step Challenge accelerator program and startup competition. The startup company was awarded 1st prize for their disruptive middle-layer technology for restaurants.

The Next Step Challenge received more than 300 applications from 75 countries where nine startups within next-generation energy and digital products and services were selected for 6-month of business acceleration. The competition recently culminated in a grand award show where TableGrabber, founded in Silicon Valley in 2014, was awarded with the largest entrepreneurship prize in Europe of €250,000 for their new platform called RezGuru, which allows restaurants to centrally manage their capacity to increase their utilization and maximize their revenue potential.

“We are extremely happy to win this award in a fierce competition with many talented companies. We’ve developed our company rapidly throughout the program, that has been a big step for us. It’s really flattering to be the winner of the 1st prize,” says Pawan Marwaha, Co-Founder of TableGrabber, and continues: “Going forward we will focus on rapid growth. Our platform is up and running and we have good early traction. So our focus is on accelerating our sales growth. The 1st prize of €250,000 will add fuel to our growth trajectory.”

According to TableGrabber, restaurants are years behind in technology and RezGuru give them a consolidated layer to manage all their technology needs. Similar to airlines and hotels, restaurants can now distribute their tables and food-orders across all channels with different marketing and revenue management strategies to help them optimize their capacity and maximize their revenue potential

With a Master in Revenue Management from the Cornell Hotel School and Fellow from MIT, the founders have a good mix of industry and technology background to solve this pain-point.

Europe’s largest startup prize
The Next Step Challenge is based on a partnership between the Danish accelerator program Accelerace, the utility company SE, the Region of Southern Denmark and Business Development Esbjerg with the intention to provide the nine startups with mentoring, training, and access to expertise. The startups were also able to develop and test their technologies on 261,000 households in the Region of Southern Denmark, and have the opportunity for potential investment and partnering opportunities.

The nine companies were all judged by their business opportunities, team, development through the program, growth potential and how they were going to use the prize money.

Søren Lottrup, Partner in Accelerace, says: “The competition this year has been very tough, since the quality of the startups have been very high. TableGrabber, however stood out above the rest due to their disruptive technology. Their product is digitalizing and thereby revolutionizing an extremely competitive industry, allowing their customers to maximize their revenue potential. Throughout the program, TableGrabber worked hard and achieved great results in regards to developing their technology and attracting new clients. Lastly, the team members are characterized by having a profound technology and industry expertise, which will help the company to obtain future success in a global market.”

Next Step Challenge is open for applications for the next round of the program. The deadline to apply is September 30, 2015.

Read more about the Next Step Challenge here:

Facts about Next Step Challenge:

  • Established in 2013
  • 17 startups have participated so far
  • Round 2 recieved +300 applications from 75 different countries
  • Startup survival rate: 100%
  • Startups who have raised investments = 88 %
  • Winners: TableGrabber (2015) & Teleskin (2014)

Participating companies 2015:
Unified Intents (Sweden), Dojo Interactive (USA / Denmark), iNovar (Great Britain), TableGrabber (USA / Denmark / India), Nwave Technologies (Great Britain), Linc (Denmark / Great Britain), Admetsys (USA), Braci (Great Britain) and ParkTag (Germany).

About TableGrabber
TableGrabber (founded in 2014) is a Silicon Valley and Denmark based startup that provides restaurants with software that allows the restaurants to forecast their demand and allow them to change their prices dynamically to increase their utilization and maximize their revenue potential. Restaurants have perishable inventory, if they don’t sell a table it’s a lost opportunity for them. Yet, unlike airlines and hotels, restaurants don’t use revenue management strategies to optimize their utilization and maximize their revenue potential. Read more on &

About Next Step Challenge
The Next Step Challenge is the most ambitious entrepreneur prize and accelerator program in Europe. This startup competition supports promising startups through a 6-month program, which concludes in an award show where €250.000 is granted to the winning startup. The program has an international focus and is for companies within next-generation energy and digital products and services. The Next Step Challenge is based on an initiative by Accelerace, SE, The Region of Southern Denmark and Esbjerg Business Development with the objective to utilize the advanced digital infrastructure in the region of Southern Denmark. Read more about the Next Step Challenge on:, Facebook:, Twitter: or by e-mail:


Accelerace CEO listed among Top 100 accelerator leaders


Accelerators are the programs that propel many startups to success using a combination of mentoring, experience and capital; who are the 100 most influential leaders in this field?

To have made the list, these leaders and their accelerators must have a stellar track record in the following areas:


1) Graduate valuation: The equity valuation and venture funding of alumni companies is an important factor when judging accelerators as it allows the entrepreneur to get an accurate picture of a program’s success rate.

2) Learning environment: For first-time entrepreneurs, knowledge is the single biggest currency. The top accelerators should be able to provide startups with the right contacts, knowledge pool and mentorship scheme.

3) Exits: How have accelerators’ companies exited? Acquisitions, mergers, IPOs, shut-downs; an accelerator must be transparent about its track record in order to prove its legitimacy in this space.

4) Startup satisfaction: Qualitative reviews are just as important as the figures. A startup must be able to feel at ease with its mentors and overall experience in order to facilitate trust and implement success.

It takes time, patience, responsibility and vision to continually seek out the next tech startup stars and allow them to develop in a sustainable manner.

Which is why these 100 leaders deserve recognition.

They have the exciting, and critical, task of meeting, encouraging and supporting the companies driving tech’s next leap forward.


Startup Insights: Umbed Pharmaceuticals


Our next participant in the Startup Insights campaign is the Life-Sciences company Umbed Pharmaceuticals. They want to revolutionize the way anticancer and peptide drugs are infused going from the ineffective intravenous infusion to oral nanomedicine products. With a great team and a strong board there are well on their way.

Elevator Pitch:
A number of anticancer drugs are dosed by intravenous (IV) infusion due to the poor solubility and bioavailability upon oral administration of these drugs. Additionally, a similar problem exists for systemic and local administration of peptide drugs. IV administration is expensive and the low dosing interval leads to systemic side effects due to the need for high dosing. Oral reformulation can overcome these problems and pave the way for improved cancer and peptide therapies.

With an expanding global market of $88bill. and a growth rate of 12.3%, the anti-cancer market segment comprises more than 80% in this market. Umbed pharmaceuticals will develop new drug products by reformulation of IV anticancer drugs and peptide drugs to oral nanomedicine products. This offers significant increase in patient compliance and comfort, drastically reducing the administration costs and reduces additional risk related to IV dosing.
Umbed has developed and tested a production platform, which makes use of existing stand alone manufacturing technology, thereby reducing development time and costs.

Product description:
The Umbed technology platform provides a one-step high throughput production of nano-embedded microparticles intended for nanomedicine products to enhance the oral bioavailability of small molecule and peptide drugs. Unlike competing nanoparticle preparation processes, Umbed’s technology produces a powder-based end-product ready for downstream processing into the final dosage form. Our powder-based nano-embedded microparticles allow for sterile production, a versatile range of nanomedicine dosage forms, increased product stability and superior product reproducibility.

Why did you apply for the Accelerace program?
We applied for the Accelerace program to get help with business strategy and business development as we do not have any prior experience with business and product development.  The Accelerace program has been helpful for us in defining a viable business model and in defining important operational goals as well as helping connect with the right people.

How did your company start, and how did you get the idea?
The company started as one of several pharmaceutical related startup ideas we were working on at the time beside our main research project. It came to our minds that many of the current methods for preparing drug-loaded nanoparticles are inefficient and do not allow easy scale-up for commercial scale manufacturing. We figured that our idea would therefore be useful for the industry and for development of new nanomedicine products. The next day we assembled a test set up of the technology and as it worked out very well so we decided to file a patent application.

Other big news about your company?
We have received the Novo Exploratory Pre-seed grant and are currently working on obtaining more funding.

Fun fact / information about your company:
Our company name originates from Micro(µ)embed Pharmaceuticals but we are in fact working on a technology for nanoparticles

Founders:  Jorrit Water,  Adam Bohr

Employees: 2 (the founders)

Headquarters:  Copenhagen

Year Founded:  2015



Former Accelerace startup Trustpilot raises $73.5 million


Unlike existing reviews sites that are popular in the U.S., such as TripAdvisor or Yelp, Trustpilot focuses on getting people to write about their recent customer experiences with online merchants and other companies they deal with primarily online, rather than reviewing restaurants, hotels and airlines or individual products.

Virtruvian Partners led the Series D round, joined by Trustpilot’s earlier backers, DFJ Esprit, Index Ventures, Northzone and SEED Capital Denmark. In total, Trustpilot has raised $118 million in venture funding to date.

The company’s founder and Chief Executive Peter Holten Mühlmann said Trustpilot has already published 13 million reviews about more than 100,000 brands. It generates revenue when merchants subscribe to use Trustpilot’s software-as-a-service to solicit reviews from recent customers, and to gain business insights from reviews in aggregate.

To make sure its reviews are credible–neither falsely flattering nor tearing down a particular company–Trustpilot uses a blend of technology and people to flag and eliminate possible phonies.

It also uses “sentiment analysis” to help companies quickly pinpoint areas for improvement and strengths they can trumpet in marketing or advertising campaigns.


Accelerace vinder pris for bedste professionelle investor


Ved prisoverrækkelsen til Nordic Startup Awards den 20. maj modtog Accelerace Invest prisen som årets Bedste Investor foran nominerede som SEED Capital, Klaus Nyengaard, Northcap og Sunstone.

Juryen i Nordic Startup Awards begrunder udvælgelsen med at:
”Accelerace har demonstreret en stærk investeringsforståelse over det seneste år ved bl.a. at have investeret tidligt i markante startups og realiseret deres potentiale.  Accelerace har været i stand til at navigere i et marked i kontant forandring med stor viden og succes og samtidig formået at etablere tætte relationer til de teams de har investeret i. ”

Jesper Knudsen, partner i Accelerace kommenterer:
”Vi er meget glade og stolte over at have opnået titlen som bedste investor. Det bekræfter os i, at det vi gør, er rigtigt og at vores fremgangsmåde er god. Vi lægger meget vægt på ikke blot at være passive investorer, der dukker op til bestyrelsesmøderne – derfor arbejder vi dedikeret med virksomhederne både før og efter vi har investeret i dem. Der er en del af vores kerneværdier og strategi.”

Accelerace Invest blev for få uger siden desuden kåret blandt Top 10 af Europas mest aktive investorer i en stor europæisk rapport udarbejdet af Fundacity.

Fakta om Accelerace Invest:
• Accelerace Invest har været aktiv seed investor siden 2007 og fokuserer særligt på teknologi, energi og velfærdsteknologi.
• Accelerace Invest har i alt foretaget 73 investeringer.
• Alle investeringer er i virksomheder, der har været igennem et Accelerace-forløb.
• Accelerace Invest har i 2014-2015 investeret i flere lovende startup-virksomheder, bl.a. Teleskin, ChurchDesk, Graduateland, Coinify, Yaneeda, TeamAuction (nu Odendo) m.fl.
• Accelerace Invest har også investeret i Bownty (som vandt publikumsprisen til Nordic Startup Awards 2015).
• Overlevelsesraten blandt startups i acceleratorprogrammet er 92% (sammenlignet med 50% for iværksættere generelt).
• 61% af de virksomheder Accelerace arbejder med har rejst penge under eller lige efter et Accelerace-forløb.

• Accelerace CEO, Peter Torstensen på 39 17 99 93
• Partner, business accelerator og investor, Jesper Knudsen
på 21 79 17 63 eller


Startup Insights: CorporateHealth


Continuing our Startup Insights campaign we have one of our Life-Sciences companies; CorporateHealth!
CorporateHealth is founded in 2010, and is currently spread over offices in New York, Hamburg and Odense – quite cool!
CorporateHealth uses standardized processes, cloud-platforms, big data, and the right service personnel to create the right model for disruptive technological innovation that addresses medical prevention.

Elevator Pitch:

CorporateHealth creates medical prevention services models that can scale.

Innovative medical technology often fails to scale as the services to deliver it don’t match its value proposition. CorporateHealth uses standardized processes, cloud-platforms, Big Data, and the right service personnel to create the right model for disruptive technological innovation that addresses medical prevention.

CorporateHealth’ CHECKUP offering is the first service in Denmark that uses home nurses, central diagnostic, and sophisticated IT to deliver video-capsule-based screening of the colon to test thousands of people at risk of colorectal cancer.

Product/Service description:

General: CHECKUP Home-delivered colon capsule endoscopy (HD-CCE) is an end-to-end service using a smart video capsule from Covidien – PillCam Colon 2 – to screen patients for colorectal cancer in the convenience of their home or similarly practical location.

First specific service: “CHECKUP HD-CCE True-Positive” is an end-to-end service that uses HD-CCE to find those patients with a positive iFOBT result (from a rather unspecific test by participating in the Danish colorectal cancer screening program) that are truly positive. Only those will be send to the hospital for colonoscopy while all the false-positives will feel relieved.

How it works:

A patient with a positive iFOBT will be offered HD-CCE when their appointment for a colonoscopy is being made with the hospital. After receiving detailed information about the procedure and how to prepare they will have to make sure their colon is clean. Our nurses (via phone calls and emails) and our technology platform (via automated workflow and SMS alerts) will help them and make sure they are ready for the procedure. When they are, the alert our nurse who will visit the patient e.g. at their home and provide the video capsule and help putting on the belt and reader that capsures the images in real-time. After making sure it moved successfully through the stomach into the colon (which takes some 20min), the patient can continue his/her day doing everything as usual – but not sleep. After a couple of hours (4-8) the capsule will dispose via the toilet and the patient returns the belt&reader.

Our central diagnostic center will then analyze the video and flag any significant findings so that the prescribing doctor can decide on what to do next: Clear the patient, ask him/her to an immediate colonoscopy or advise on a return visit after the right period of time.

Why did you apply for the Accelerace program?

The Accelerace team has a unique mix of experts that are deeply embedded into the Danish healthcare system, that are experienced in working with start-ups and that have access to funding opportunities. Getting to work with these people not just in independent meetings, but as part of a structured program, makes Accelerace an excellent partner.

How did your company start, and how did you get the idea?

Cornelius Glismann started CorporateHealth as a purely Germany focused endeavor to provide personal medical checkup services to enterprise managers and executives. In a first pivot we tried to include capsule screening by addressing private patients into the general checkup programs. When Hagen Wenzek and Cornelius explored the business opportunities behind the different models we had the idea to take the capsule screening idea to the next level, abandon the traditional approach that found little interest and pursue the technology-driven full-service model that doesn’t rely on the incumbent stakeholders in the slow-moving healthcare system.

The second angle is much more personal: Hagen’s mother had colorectal cancer at the same age that he was when I caught up again with Cornelius (2 years ago / 2013) and was due for a colonoscopy. Having learned about the risks of a colonoscopy and the (ridiculous) prices charged for them especially in the US where he lives (up to $8,500!), and then seeing the simple approach to screen for cancer with a video capsule meant something had to be done about it.

Fun fact about your company:

Cornelius lives in Hamburg, Hagen in New York and the company’s headquarters are now in Odense. Making the best out of an international set-up over multiple time zones is exciting in itself.


Dr. Cornelius Glismann & Dr. Hagen Wenzek


Nurses: Pernille Mahnfeldt, Jane Holt, Vibeke Baatrup.

Pre-reading nurses in Hamburg: Kerstin Einsiedler & Claudia Werner

Collaborating Chief Medial Officer: Eberhard Bart, MD.

Assisting Doctor: Ursular Valentiner, MD. Hamburg

Headquarters: Forskerparken 10A, Odense.

Year Founded: 2010 (original CorporateHealth), 2015 CorporateHealth International ApS

Website: Link


Startup Insights: Washa


Meet our next participant in the 13th round of Accelerace: Washa. Just 1 year ago Karim started Washa with his two friends Max (25) and Jannick (23). Their idea was to start an online laundry and dry-cleaning service that picks up your clothes and drop them off clean at your address within 48 hours. Meet the passionate startup guys here!

Company name: Washa

Elevator Pitch:

Washa is an online laundry and dry-cleaning service that picks up your clothes and drop them off clean at your address within 48 hours. The service is aimed for people who doesn’t have time to do their laundry or doesn’t have any laundry facilities nearby, or simply doesn’t want to do their own laundry. Washa is a new and revolutionary way of doing your laundry and our highest priority is to provide the best service while giving you more spare time and a life without dirty clothes.

Product/Service description:

Visit our website to order a laundry hero to pick up your clothes. Our laundry hero will pick up your clothes at the exact time and place you wish. After our laundry hero has picked up your clothes, he brings them to our modern and swan labeled laundry facilities where the magic happens. Within 48 hours, our laundry hero will drop off your clothes clean and fragrant at your doorstep.

How it works:

  1. Place an order at our website
  2. Prepare your dirty clothes for our laundry-hero
  3. Our laundry-hero brings your clothes to our laundry facilities
  4. Within 48 hours from pick-up, the laundry-hero will drop off your clothes clean at your address

Why did you apply for the Accelerace program?

Mainly because we needed some professional guidance and expertise to scale, and then we saw Accelerace as an option to get some capital increase.

How did your company start, and how did you get the idea?

We were all tired of spending way too much time in the laundry room, and started wondering if there was a service that did your laundry and dry-cleaning. We checked the market but didn’t find anything that did what we needed help for and so we took action!

Other big news about your company?

We are nominated for two prizes, Nordic Startup Awards and E-Handelsprisen, which will be awarded respectively the 20’th and 21’st of May.

Fun fact / information about your company:

After we went online in February 2014 we started doing the laundry in Jannick’s apartment before we had a cooperation with a laundry and dry-cleaning shop. The first drycleaners we talked to didn’t have faith in our project and said that we didn’t have a case, but as orders kept coming in they had to change their minds J


Karim Ben M’Barek
Max B. Stripp
Jannick Christensen

Employees: 4

Headquarters: Kirstinehøj 3, 2770 Kastrup

Year Founded: 2014


Facebook: Link

LinkedIn: Link


Startup Insights: WakeupData


Coming up on our Startup Insights campaign, we have WakeupData! These guys are committed to creating an online data integration platform that enables simple and easy connection, filtering, enrichment and exporting of any data or feed source. In other words – these guys are good with data-processing! Read how it all started last year in this week’s Startup Insights below!

Elevator Pitch:

WakeupData is an online data integration platform that enables simple and easy connection, filtering, enrichment and exporting of any data or feed source. It is cloud based, so that you can enjoy a continuous, safe and secure service – setting our clients free of former high cost custom development.

Product/Service description:

It offers a user-friendly interface to online stores for transferring their correct and up-to-date data to countless platforms for maintaining inventories, transferring invoices, using 3rd party tools and marketing purposes.

How it works:

WakeupData consists of cleverly designed modules that are aimed to understanding your data – from product listings to financial tables. We map your data to store in a universal format, and transform it to countless export options – allowing you to deliver your up-to-date data to anywhere and anytime you like. This approach saves you weeks of development cost, and of course time.

Why did you apply for the Accelerace program?

We firmly believed that Accelerace would provide us with the very boost we needed to be stronger and more visible as a startup. Having an Accelerator in our team allows us to be more efficient, agile and goal-oriented towards proving our scalability and re-prioritizing for our potential to grow.

How did your company start, and how did you get the idea?

Product data integration – especially with platforms such as Google, Amazon or Ebay – has been a practical aspect that Dennis and Web2Media have been working on for the past few years. Knowing the increasing need for new integration tools, in 2014, they have decided to create WakeupData – an amazing software. And, the actual starting point was a client’s integration pain that others had already given up on, indicating they could fill a huge gap in the current market.

Other big news about your company? (Optional)

WakeupData keeps growing steadily with monthly additions to its clientele, and new brand and sales managers will be joining our team soon. Additionally, our software’s version for partners will go live in the autumn of this year – leading to the final step of elevating our platform to the global market.

Fun fact / information about your company:

WakeupData has handled more than 60.000.000 products.


Allan Jørgensen,

Dennis Cassøe

Employees: 2

Headquarters: Århus C

Year Founded: 2014

Website: Link

Twitter: Link

Facebook: Link

LinkedIn: Link


Startup Insights: LeanLinking


Presenting the next company in our Startup Insights campaign – LeanLinking! LeanLinking is a cloud-based all-in-one procurement tool for companies with a central procurement function. This all started back in Århus in 2013, where Lars Kuch Pedersen (founder) had this great idea for this sourcing tool! See what it lookes like and read about them below. 

Elevator Pitch:

LeanLinking is a cloud-based all-in-one procurement tool for companies with a central procurement function. With LeanLinking the procurement function can register, store and share all data, files and feedback related to their suppliers.

Product description:

LeanLinking is an all-in-one procurement tool, which addresses the problem around collecting and getting value out of supplier performance information quickly in large and dispersed organizations.

How it works:

The solution applies social media principles to document, rate, review, manage and ultimately improve supplier performance across big organizations and make better supplier agreements. LeanLinking also enables companies to connect with their suppliers via the platform and hereby store and share data, information and communication related to each supplier.

Why did you apply for the Accelerace program?

To accelerate the growth of LeanLinking, plain and simple!

How did your company start, and how did you get the idea?

Lars is a former Sourcing Director and needed this tool but could not find any providers. Therefore Lars started LeanLinking.

Founder: Lars Kuch Pedersen

Employees: We are 5 geeks and a sourcing guy changing the world of procurement.

Headquarters: Aarhus

Year Founded: 2013

Website: Link

Twitter: Link

Facebook: Link

LinkedIn: Link


Accelerace Invest: Sproom aquired by Visma


Copenhagen based start-up Sproom, a paper-free electronic invoicing platform, has been acquired by Visma, the leading business solution provider in Northern Europe, focusing on business optimization and management tools for the enterprise.

Since the launch in 2011, Sproom has become the leading electronic invoicing platform in Denmark and currently holds more than 20,000 customers and had a growth rate of 37% in 2015. By using Sproom’s cloud based services companies can automate and verify their invoicing process efficiently no matter which accounting system they use and hereby significantly save time but more importantly reduce or remove manual processes and thereby human errors.

The acquisition is part of Visma’s strategy of being the market leader within digital solutions. Going forward Sproom will continue as an independent solution and existing customers and partners can look forward to continual developments with Visma as new owners.

“Together with Visma we can accelerate our business development and boost the use of electronic invoicing in such a way that the solutions will be even more accessible, economically beneficial and continually add quality for thousands of companies, says Sproom CEO and co-founder Thomas Permin Berger.

Mads Rebsdorf, director of e-conomic & Visma Software SMB DK, says in the official Visma press release: “We see a great potential for Danish companies in digital business solutions like electronic invoicing. By acquiring Sproom Visma will offer even stronger solutions on this market, both as part of Visma’s products like for example the accounting program e-conomic and to Danish companies that are not currently using the Visma business solutions.”

Accelerating growth since 2011

Sproom joined Accelerace in the Spring of 2011 for six months of strategic consulting and later in 2011 received an investment of 3M DKKfrom Accelerace invest. Today Sproom has 12 employees and annual turnover of 10M DKK, and are expecting to maintain steep growth rates in the coming years.

Thomas Permin Berger CEO of Sproom says: “We have been really pleased with our participation in Accelerace and the strategic counseling which have proven to be crucial in both raising capital to make our visions come true and to meet the expectations of our shareholders.”

Jesper Knudsen, member of board of the directors at Sproom and partner at Accelerace says: “From the very beginning when they joined Accelerace we have looked upon Sproom as a startup with high-growth potential, lots of passion and an excellent team. We are very pleased to have been part of this journey and help build their position in the market and take the company to new highs. As investors we are pleased to see Sproom joining forces with Visma as this will provide new business opportunities for both parties and we are looking forward to follow the next steps of Sproom and Visma.”

The acquisition of Sproom is the 3rd exit in nine months for Accelerace Invest who only invests in high-potential startups companies which have been through extensive training in the Accelerace accelerator program. Recently GreenTrapOnline got acquired by Motalin and in September 2015 Iposen was acquired by Dansk Supermarked.

Read the official press release from Visma about the acquisition of Sproom here:

Read more about Sproom here: and Visma here:

Visit the Accelerace Crunchbase page to see more about our investments.


Startup Insights: Ingenium Golf


Presenting our next Accelerace participant: Ingenium Golf​! This team has dedicated their company to solve the many administrative issues related to managing golf courses along with modernizing the entire way of playing through a new awesome GPS application! 

Elevator Pitch:

Ingenium Golf offer golf clubs a unique cloud- and app-based service called “Course Manager”. With Course Manager, club management can market the golf course and club sponsors to golfers in new and more flexible ways, both digitally in apps and in print.


Course Manager consists of three parts:

  • a modern and easy-to-use GPS app, where you can track and update the golf course
  • an administration platform for maintenance of sponsor and club information, as well as preparation of the digital course guide
  • an app presenting the golf course and sponsors to golfers, also offering GPS position, distance measurement and pin position (if maintained by the club)

Course Manager gives you new and profitable ways of making your sponsors visible. In addition golf course data is used to help green keepers keep track of area calculations, registration of fertilizer and pesticide usage as well as correct reporting of “green accounting” to environmental authorities.

How did your company start, how did you get the idea?

Jacob Markussen is a keen golfer and during his “Master of IT product design” university studies he initiated and completed several golf related projects. After he attained his Master’s degree the company was founded, and two and a half years later a unique cloud- and app-based service was ready for golf clubs and golfers worldwide. The first 30 golf clubs are already on board.

Why did you apply for the Accelerace program?

Ingenium Golf is a small and innovative IT start-up. We applied for the Accelerace program to get external expert assistance in transforming into a structured, efficient company delivering innovative solutions to the golf segment, while still keeping the start-up mentality, drive and energy. Furthermore, Accelerace will help support our global ambitions by strengthening our value proposition and go-to-market strategies.

Fun fact:

With Course Manager we have measured 201 golf courses with GPS (some partially measured), 2759 bunkers and in total 14.381.084 m2 of golf course land area.


Jacob Markussen, Founder & Inventor.

Hans Henrik Junge, Partner & CEO.


Haslegårdsvej 8-10, 8210 Aarhus V

Year Founded:


Website: Link

Facebook: Link

LinkedIn: Link


Hans Henrik Junge: +45 4016 5144

Jacob Markussen: +45 6110 3372

Visuals of the app: 


Startup Insights: Mono+Mono


Next up on Startup Insights we have Mono+mono: These guys had a massively successful Kickstarter campaign last year and are now scaling their business through the Accelerace program! Wanna know how it all started? Read their story below: 

Elevator Pitch:

The World’s most compact foldable seat, perfect for all outings. Making resting truly portable.

Product/Service description:

A foldable seat that fits in your pocket, made from telescopic tubing and folds into the size of a 50 CL beverage can.

How it works:

Split outer shell, extend, twist. 1-2-3.

The users then lean on Sitpack using their own legs as stabilizers, keeping body, and brain active, engaging core, stimulating balance, and keeping energy levels higher.

Why did you apply for the Accelerace program?

We applied for Accelerace with Sitpack to gain new and valuable business insight and advice in regards to streamlining go-to market strategy and maturing both product and business profile for new market entry.

How did your company start, and how did you get the idea?

5 years ago on Roskilde Festival we got frustrated about the lack of portable seating. Traditional solutions were extremely complex and clumsy.

Since then we have been working on several product ideas and Sitpack is the first product to become a reality

Other big news about your company?

Mono+Mono had strived for 450,000 DKK in a Kickstarter campaign – they raised over 1,000,000 DKK with over 2,500 backers in total! That’s quite cool. You can see the campaign here.

Fun fact:

The 2 founders have a 100% academic background; hence the learning curve has been ridiculous.

Also, we have tried crossing the Atlantic in a sailing boat, that crashed in a storm.


Jonas Lind-Bendixen

Nikolaj Bak

Employees: 3

Headquarters: Copenhagen, Denmark

Year Founded: 2014


Twitter: Link

Facebook: Link

LinkedIn: Link

Demo video:


Startup Insights: Dall Energy


Startup Insights is back with one of our industrial companies – Dall Energy! Back in 2007, Jens Dall Bentzen founded Dall Energy based on a patent about gas cooling and heat recovery. Dall Energy now delivers several solutions to drastically reduce biomass emissions in energy plants! This company has since won several awards for their entrepreneurial thinking within their technologies. CNN even interviewed the founder, Jens Dall Bentzen, check it out below.

Product/Service description:

Dall Energy delivers a multi-fuel furnace/oven.

How it works:

Converts all types of waste into clean energy. This is done through several solutions.

Why did you apply for the Accelerace program?  

It was important for us to get a scalable business plan for Dall Energy, which is why we applied for the Accelerace program.

How did your company start, and how did you get the idea?

Long story short: Prior to founding Dall Energy, Jens Dall Bentzen was a project manager in the consulting company COWI A/S, responsible for research and development of new biomass technologies. In 2007, he decided to start Dall Energy. This was based on a patent he about gas cooling and heat recovery. This pending patent was then bought by COWI and thus led to the start of Dall Energy.

Good to know about Dall Energy:

  • First Dane to get “European Inventor Award”
  • Participation in CNN International
  • American Seed investor: ”Spraying Systems”

Fun fact:

How Dall Energy got into the American market is actually a funny story.

The owner of “Warwik Mills”, Charlie Howland, was about to change from oil to biomass, but the state of New Hampshire announced tightening of requirements for particle emission. Therefore, if Warwick Mills wanted a locally produced biomass furnace/oven, they had to invest in a larger particle-filter system. The biomass project would then be way to expensive.

Charlie was about to give up but started researching on the subject. He then found Dall Energy, who had just released their initial test results from their pilot project.

Charlie then flew to Denmark to speak with Dall Energy, and shortly after a deal was made, where Dall Energy was to lead the engineering at Warwick Mills.

The new installations were live in the summer of 2014, and are still alive and kicking today.

When the emission-controllers came out to document if the furnace/oven was running according to the harsh emissions requirements in New Hampshire, the officials thought their testing equipment was broken – but the fact was that the new furnace was emitting shockingly low emissions.

If you are interested in seeing more about this funny story, then check out this video here:

Founder: Jens Dall Bentzen

Employees: 2

Headquarters: Scion DTU, Hørsholm

Year Founded: 2007

Website: Link

CNN Interview: Link


Ivisys is introduced to the Swedish stockexchange


There was tremendous interest and 12.2 million Swedish kroner’s worth of new shares have been issued. The company now has 435 new shareholders. Jakob Kesje, the founder of the company, welcomed them.

“I want to begin by welcoming our many new shareholders as owners of Ivysis,” he said.

“We are excited about the amazing outcome of the issue and we look forward to utilising the proceeds to increase the workforce, marketing and sales efforts and ultimately increase the growth rate.”

The Stockholm exchange chosen by Ivysis has welcomed over 40 listings in the past year, while the Copenhagen First North stock exchange hasn’t had a single one.

But Kesje told Børsen he thinks there is interest in Denmark in companies like Ivysis.

“The high number of shareholders who subscribed and the relatively large backing from Danish investors confirms there is also interest in Denmark in investing in early-stage micro-cap companies,” he said.


Ivisys is introduced to the Swedish stockexchange


There was tremendous interest and 12.2 million Swedish kroner’s worth of new shares have been issued. The company now has 435 new shareholders. Jakob Kesje, the founder of the company, welcomed them.

“I want to begin by welcoming our many new shareholders as owners of Ivysis,” he said.

“We are excited about the amazing outcome of the issue and we look forward to utilising the proceeds to increase the workforce, marketing and sales efforts and ultimately increase the growth rate.”

The Stockholm exchange chosen by Ivysis has welcomed over 40 listings in the past year, while the Copenhagen First North stock exchange hasn’t had a single one.

But Kesje told Børsen he thinks there is interest in Denmark in companies like Ivysis.

“The high number of shareholders who subscribed and the relatively large backing from Danish investors confirms there is also interest in Denmark in investing in early-stage micro-cap companies,” he said.


TeleSkin secures funding


Serbian TeleSkin won Europe’s largest startup competition, Next Step Challenge, last year and the 1st prize of $300,000. Now they are accelerating their growth with a venture investment of $900,000.

TeleSkin has developed the app skinScan, which will revolutionize the prevention of skin cancer. The solution is based on the team’s more than 30 years of work experience within skin cancer. skinScan works by letting the user take a picture of a mole or skin lesion and analyzes it as ‘typical’ or ‘atypical’. It is also possible to send the picture to an affiliated specialist for an expert opinion. The team behind TeleSkin consists of IT specialists and doctors. The app is expected to be launched during the first quarter of 2015.
The primary investment comes from SEED Capital, while Welfare Tech Invest and a Serbian investor, Aleksandar Obradovic, accounts for a small proportion of the total investment of $900,000.

“Denmark is the country in the world which has the third highest incidence of melanoma, so it makes sense for us to develop the product here. The investment will be used to get our product in the market and strengthen our team here in Denmark. Right now we are looking for the right CMO, which can accelerate our marketing activities. The plan is that we will launch in Denmark first and then subsequently Scandinavia and the rest of Europe. Last year was fantastic for us, but I think that this year will be even more exciting with some interesting challenges ahead. We would not have it any other way,” says co-founder and CTO, Zeljko Ratkaj.

“We look forward to following TeleSkin that with the combination of biomedical engineering and digital technology can tackle a growing global problem,” says Søren Lottrup, partner in Accelerace which is the management company for Welfare Tech Invest, and continues: “Through our accelerator program, TeleSkin has taken some major steps forward with a skilled and dedicated team with more than 30 years of experience within the field of skin cancer.”

Mobile Health gaining ground
Mobile Health is a broad term that covers everything from wellness to more traditional medical practice supported by mobile devices. While increasing healthcare costs is a growing problem, Mobile Health can help to remedy this in a new way using the smartphone, which previously only could be performed at the doctor or hospital.

“Mobile Health is one of the trends that are clearly on our radar. Mobile Health makes consumers able to monitor their own health and the “empowerment” of patients can help to drive new changes on the innovation of the healthcare system. We have many years of experience with both Medtech and IT investments and since this is in a tense field between the two, so I am sure that we are the perfect match for getting TeleSkin off the ground. TeleSkin have a really strong team and can help to revolutionize the prevention of skin cancer in the future, “says Investment Director of SEED Capital, Jón Ingi Benediktsson.


Startup Insights: mediathand


Founded back in 2012, mediathand became a reality as a spin-out from the Advanced Technology Foundation (Højteknologifonden)! Mediathand also has a deep passion for coffee; they even have their own CCO – Chief Coffee Officer! Read more about this coffee-loving team in this interview!

Elevator Pitch:

mediathand’s end2end, turnkey OTT streaming service is a low risk fast track for companies to deliver world class quality streaming experiences to viewers on any screen, anywhere anytime.

Product/Service description:

mediathand offers a fully hosted, end2end, modular or turnkey professional streaming service. The streaming service is inclusive world-class quality encoding, professional capture setup, storage and a very scalable streaming distribution setup. The streaming service also comes with apps to major screens and platforms, interactive services in the streaming, support for Marlin & PlayReady DRM, automated EPG’s, DIY subscription management system, Online DIY TV- or VOD shop, payment integration, analytics and much more.

How it works:

mediathand offers a unique, low risk and manageable OTT streaming fast-track to market:

  1. Approve software requirement specification from mediathand
  2. Deliver TV and/or VOD feed(s) to mediathand
  3. Deliver design and UI instructions to mediathand
  4. Deliver subscription models to mediathand
  5. Approve internal test(s)
  6. Launch a market leading streaming service within avg. 6 months

For telecom companies, cable- and satellite TV and VOD operators, TV distributors and broadcasters a mediathand streaming service is a fast track to market with no-technology risk, fast access to revenue streams and viewer engagement.

Why did you apply for the Accelerace program?

We have received a positive interest from various US companies and as the US market is very attractive we have applied for the Accelerace program to get assistance with the US go to market plan.

How did your company start, how did you get the idea?

The company started as a spin out from an Advanced Technology Project (Højteknologi fondsprojekt) as a cooperation with Danish Broadcasting, University of Aalborg, Nokia, Motorola, Telenor and others.

Fun fact / information about your company:

We have a very solid and very deep insight and 15+ years of experience within encoding and all-important aspects of streaming. We have a CCO – Chief Coffee Officer – and quality Coffee is very valued in the company – almost as much as quality streaming.

Founder(s): Allan Hammershøj, Emil Heinze, Gil Pedersen og Gert Skov Petersen

Employees: 10

Headquarters: Frederikskaj 12, 2450 København SV.

Year Founded:  2012

Website: Link

LinkedIn: Link


Sekoia får kapitalindsprøjtning på 20 mio. kr. til internationalisering


– For Sekoia er det her et kæmpe klap på skulderen. Northcaps investering hjælper os til at sætte strøm til vores ambitioner om at være verdens bedste ”point-of-care” platform. Vi skal nu styrke holdet yderligere, finjustere produktet og fortsætte vores færd ud i omkringliggende markeder, hvor behovet for det vi leverer, også er konstant stigende, fortæller direktør Ole Langvad Wessby, Sekoia.

For kunden betyder Sekoia kvalitetsforbedringer og færre fejl. Kommunerne kan ganske enkelt flytte tid fra kontoret og ud til borgerne med Sekoias løsning, som letter administrative og tidskrævende opgaver og i stedet skaber mere ansigtstid og nærvær med borgerne. Sammenlagt giver det besparelser. Alene i Odense Kommune forventes Sekoias løsninger at frigive 10 mio. kr. årligt.

– Antallet af ældre borgere er stigende, og det skaber en kæmpe markedsmulighed for nye velfærdsteknologier som Sekoia. I Northcap ser vi frem til samarbejdet med virksomhedens stærke team omkring internationalisering mod markeder som England, Tyskland og resten af Skandinavien. Danmark er et arnested for velfærdsteknologier, og de nuværende kunder har leveret et stort input til løsningen, som nu er klar til at blive rullet ud i større stil på de internationale markeder, siger Kim Wiencken, der er partner i Northcap.

Lettere hverdag med mindre fejl

Sekoias løsning, der slet og ret har navnet Sekoia, er en ”point-of-care”-skærmløsning til plejecentre og bosteder. Programmet gør hverdagen lettere for personale, borgere og pårørende i plejesektoren og mindsker risikoen for fejl betydeligt. De forskellige apps på Sekoia anvendes til alt fra planlægning, opgave- og aktivitetsstyring til logistik og varebestilling, helt over til telesundhed og rehabilitering.

Sekoia har tidligere deltaget i accelerator-programmet Accelerace og modtaget vækstkapital fra Nupark Accelerace. Den tidligere Just Eat-direktør og ”angel”-investor i Sekoia, Klaus Nyengaard, fortsætter sit engagement som bestyrelsesformand i virksomheden.

Læs mere om Sekoia på


Startup Insights: Huuray


Introducing our first participant in the Accelerace program – Huuray! Founded by Rune Eirby Poulsen in 2012, Huuray offers digital gift cards, which enables you to send digital gift cards for top brands. Rune currently has a lot on his plate, not only as an entrepreneur – but also as a professional handball player in Lund, Sweden! Read more about the company below. 

Elevator Pitch:

Huuray is a Scandinavian digital gift card company, which enables you to send digital gift cards for top brands, such as Interflora, Just-Eat, Zalando, Matas etc. We have made it possible for you to send the digital gift cards directly to the receiver’s mobile phone in seconds.
We offer companies a unique incentive platform, where they instantly can reward their members/costumers/employees by pressing one button – send out large numbers of digital gift cards.


Our product is a incentive platform where companies instantly and easy can reward their members with digital gift card for +100 top brands. It gives the end-user the possibility to choose digital gift cards from a large number of stores or webshops throughout Scandinavia.

Why did you apply for the Accelerace program?

We want a professional input from outside to assess our opportunities and challenges from the strengths and weaknesses we have. It is all about a “second opinion” so that we can increase our growth.

Founder: Rune Eirby Poulsen

Employees: 4

Headquarters: Kongens Nytorv, Hovedvagtsgade 8, 2 floor – 1103 Copenhagen K.

Year Founded: 2012

Fun fact:
We have two protecting offices dogs – Baby and Junior. We are very privileged in our office, so we have our own haircutter and masseur!


Twitter (@huuraycorp): Link

Facebook: Link

LinkedIn: Link

Telephone: +45 70224700


Nupark Accelerace Invest investerer i Yaneeda


Nupark Accelerace Invest har netop investeret 4 millioner kroner i den danske rejseportal, der skærer det traditionelle rejsebureau væk med stor økonomisk gevinst for forbrugeren. Med investeringen udvider med fire nye medarbejdere og etablerer sig endnu stærkere på det danske rejsemarked.

Danske giver nu rejseglade forbrugere endnu bedre mulighed for selv at sammensætte drømmerejsen. gør det nemlig muligt at springe rejsebureauet over og planlægge ture gennem kontakt med lokale rejsearrangører på de mange destinationer verden over. Dette har tidligere være forbeholdt rejsebureauerne, men udbydes nu til Yaneeda.coms brugere, som kan spare op mod 30 % af rejsens pris.

”Investeringen fra Nupark Accelerace Invest giver os et stort boost, og vi er meget spændte på at have de nye kræfter med om bord. Vi kan nu fokusere endnu stærkere på det danske rejsemarked, som vil komme vores mange kunder til gode,” siger Hasse Hunskjær, CEO hos, og fortsætter: ”I 2015 planlægger vi at udvide teamet med fire nye medarbejdere og har allerede nu tilføjet flere nye rejseture til vores online portal, hvor vi udbyder alt fra dykkerferier, ø-hop, jungle-trekking til Everest basecamp og Galapagos.”

Stort internationalt vækstpotentiale
Den århusianske virksomhed har tidligere deltaget i vækstprogrammet Accelerace for lovende iværksættere. Det er i forlængelse af dette 5-måneders vækstforløb, at Nupark Acclerace Invest har valgt at indlemme i investeringsporteføljen.

” har udviklet sig hastigt og har imponeret os meget. De er en first mover på rejsemarkedet med den nye måde at booke rejser på, da det er de lokale rejsearrangører selv, der sætter deres egne rejser til salg, og selv svarer på forespørgsler. De er med til at præge en spændende udvikling i rejsemarkedet, og vi glæder os meget til at følge fremover,” siger rådgiver og investor Claus Kristensen fra vækstprogrammet Accelerace.

Leo Hansen, CEO hos Nupark Accelerace Invest siger: ” er skabt af erfarne og engagerede kræfter indenfor rejsebranchen, og de har en skalérbar forretningsmodel med et stort internationalt potentiale. Det gør dem rigtig interessante investeringsmæssigt.”

Gennem den nye rejseportal får man adgang til de samme rejser med den samme sikkerhed og de samme garantier som hos rejsebureauerne, og er selvfølgelig medlem af Rejsegarantifonden. Næste skridt er at indgå et større antal strategiske alliancer for at udbrede rejsekonceptet, først i Danmark og siden i resten af Europa.

Få mere information om her: eller i denne Youtube-video:

Om er et online rejseselskab for den moderne forbruger, der selv vil planlægge og sammensætte sin rejse, men med visheden om, at kvalitet og sikkerhed er i orden. Med slipper man for uautoriserede rejsearrangører og gadesælgere, der lover ”special price”. sælger de produkter, de lokale rejsearrangører allerede har på hylderne og sælger dem direkte til kunderne. Det betyder ganske enkelt, at rejsebureauet er skåret væk, så man kan købe billigere rejser og planlægge ferien præcis, som man vil have den. har kontor i Århus. Læs mere på eller på telefon 70 70 25 20.

Om Accelerace
Accelerace er Skandinaviens førende acceleratorprogram, som arbejder med de mest lovende danske og internationale iværksættere og vækstvirksomheder. Over et 5-måneders forretningsudviklingsforløb hjælper Accelerace virksomheden til vækst gennem hjælp fra konsulenter, camps og netværk. Årligt optages 60 danske og internationale virksomheder inden for it, life-science og industri. Siden 2008 har Accelerace spottet, trænet og investeret i mere end 250 startups og spin-off virksomheder. 93 % af virksomhederne er stadig på markedet i dag. Accelerace har 6 kontorer i Danmark. Få mere information på eller kontakt Accelerace på telefon 39 17 94 04 eller e-mail:

Om Nupark Accelerace Invest
Nupark Accelerace Invest er et investeringsselskab, der er stiftet i et samarbejde mellem Færchfonden og Vald. Birn Holding A/S i Holstebro, af Accelerace Invest i København og af Region Midtjyllands kapitalsatsning baseret på EU’s socialfondsmidler: Den Midtjyske Iværksætterfond. Samarbejdet tager udgangspunkt i en enighed om, at succesfulde vækstiværksættere ofte har brug for kapital til at vokse, og at de sammen med kapitalen ofte har brug for at høste erfaring, sparring og rådgivning fra erfarne mentorer. Få mere information her: eller på telefon 96 12 72 12 eller e-mail


Triple-digit million investment to Aquaporin


Danica Pension is investing millions in Danish cleantech company Aquaporin as part of the pension provider’s focus on direct investments in healthy and well-run companies. Aquaporin has developed a unique technology for filtering and purifying water to make clean drinking water.

Aquaporin’s huge growth potential is driven by growing global demand for clean water coupled with a thoroughly tested product that requires limited amounts of materials and is easily integrated in existing products. We’re making this investment because we are confident that it will add value to our customer’s savings. This is what motivates us to seek out investments with the highest and most secure returns,” says Lars Thørs, Danica Pension.

With Danica Pension’s investment, we are now backed by a strong investor, which represents a seal of approval and allows us to concentrate on what we do best. We are therefore excited about this new arrangement, which we expect will have excellent benefits for both parties,” said CEO Peter Holme Jensen, Aquaporin.


Brain+ wins Accelerace Investor Day Winter 2015


11 fast growing startups pitched their unique business idea at Accelerace Investor Day on January 29th held at Docken in Copenhagen. The event gathered startups, investors and alumni companies for an evening of great pitches, networking & deal flow. Brain+ won Accelerace Investor Day and was runner up.

Brain+ won Investor Day with an impressive pitch presentation about their new brain training app solution that enhance general cognitive performance, prevents a decline in cognitive ability due to aging and the app can assist in rehabilitation of cognitive ability lost due to brain damage. came in second with their online buss rental platform which is the first in Europe to provide instant pricing and domestic transports.

Prior to Investor Day, the startups completed the 5-month Accelerace business accelerator program which offers valuable learning experiences from camps and events and guidance from experienced business accelerators and consultants. Investor Day celebrates the Accelerace companies by selecting a noteworthy group to pitch to Danish investors. This year’s Investor Day also included two startups (Buying Butler & EasyPreOrders) from our UK accelerator program Next Business Generation.

The Investor Day event was held in Docken in Copenhagen and gathered the entire Danish investment community with more than 200 participants for a series of 11 intense, 7-minute startup pitches and lots of networking.

The 11 pitching companies at Investor Day were:,, By Falengreen, Buying Butler, Brain+, Open Telehealth, Fibrenetrix, Greenticket, SUMA Care, Absolute SLS & EasyPreOrders.

The companies were judged on a variety of criteria including their business opportunities, team, recent performance, growth potential and competitive advantages. The winners were selected by the audience.

The 11 pitching companies on stage

Accelerce CEO Peter Torstensen introducing the day’s program

More than 200 participants used the coffee breaks for networking and mingling at the conference venue Docken in Copenhagen

Brain+ with their Business Accelerator David Ventzel


Meet the new Accelerace batch!


Every year Accelerace is in dialogue with more than 800 startup companies and entrepreneurs with ambitions to grow their startup into a successful venture. From these many companies we are proud to present the following 16 startup stars who have just been accepted into the 13th batch of the Accelerace program.

Check out a short introduction to the companies and their many innovations below and follow the companies during the next 6-months in Accelerace on our Facebook, Twitter, LinkedIn pages.
Huuray! is a platform that generates e-commerce sales by unique voucher codes and floor traffic for top brands.

Skillpocket is a community marketplace that helps you hire expert professionals.

Mediathand ApS
Mediaathand offers live TV, instant catch up and TV archives for all media, from the flat screen in the living room, to the computer in the office, the tablet in the bedroom or the mobile on the bus.

Washa offers a quick and easy laundry service – right to your doorstep.

Mono+Mono (Sitpack product)
The world’s most compact foldable seat.

Paqle offers a complete market media-monitoring platform for more than just professionals and PR managers.

Ingenium Golf
Ingenium Golf develops intelligent golf experiences to golf clubs and players.

Miiego is an innovative Danish company, which offers wireless headphones for running, fitness and sports.
LeanLinking is your partner in developing means of greater cooperation both within your company and with your suppliers.

WakeUpData is a simple cloud based application that enables you to instantly modify feeds and data to your needs.

Dall Energy
Dall Energy offers a biomass system that increases both fuel flexibility and energy efficiency. It decreases emissions, environmental impact and maintenance costs of biomass plants.

Neurescue Aps
Neurescue is developing a new class of medical devices for the  treatment of cardiac arrest. Neurescue aims to be the foundation of a new platform of treatment methods for paramedics, nurses and doctors alike.

Northopedica delivers a technology called HipCap. It seeks to reduce and or eliminate the need and timing for the initial hip replacement or even a resurfacing, thereby reducing the need for replacements.

PETITE offers an intelligent new sensor based on smartphone integrated medico technology for training of pelvis floor muscles.

CorporateHealth is establishing a new market for colon capsule endoscopy, by building a service business that provisions the procedure at the home (or a similarly convenient location for the patient) and centralizes the diagnostic.

μMbed Solutions
μMbed has developed a technology platform providing controlled and scalable production of drug-loaded nanoparticles in the form of nano-embedded microparticles.

We can’t wait to work with you!


Tutee får kapitalindsprøjtning i millionklassen


Teknologi-virksomheden Tutee har netop modtaget investering på 3,5 million kroner fra investeringsselskaberne Nupark Accelerace Invest og CAPNOVA til udviklingen af deres e-læringsplatform til lektiehjælp. Kapitalindsprøjtningen skal sætte fart på Tutees vækst i Norden, hvor den unge virksomhed forventer at flerdoble forretningen inden for de næste år.

Med Tutees app-løsning og e-læringsplatform til lektiehjælp kan skolelærere og studerende på tværs af venskaber, klasser og skoler hjælpe hinanden online. Det gøres let ved at tage et billede af en lektieopgave, dele den med vennerne og løse opgaven sammen online.

”Vi har siden vores grundlæggelse i 2013 udviklet vores cloud-baserede app og e-læringsplatform, som gør det nemt og sjovt at lære på en ny måde. Vi er meget begejstrede for samarbejdet med Accelerace og CAPNOVA, og investeringen giver os nu mulighed for at styrke organisationen, hvilket er vigtigt for at kunne opretholde et højt serviceniveau og fortsætte vores positive vækst”, fortæller Ronni Baslund, direktør og medejer i Tutee.

Tutee blev stiftet i Esbjerg af fire iværksættere, herunder serieiværksætteren Ronnie Baslund, og er i dag vokset til 12 medarbejdere. Virksomheden arbejder sammen med danske kommuner, gymnasier og privatpersoner og oplever stor efterspørgsel af den nytænkende form for lektiehjælp og videndeling i, hvad der svarer til et virtuelt klasseværelse.

Ud over landets grænser

Tutee deltog i fjor i Europas største vækstkonkurrence Next Step Challenge i Esbjerg, hvor de modtog rådgivning og støtte fra vækstprogrammet Accelerace og SE. Det har modnet virksomheden over kort tid til at rejse kapital fra de nye investorer, som bl.a. tæller Acceleraces egen investeringsfond, Accelerace Invest.

”Vi er meget imponerede af Tutee og er overbevidste om, at de har et stort vækstpotentiale og kan blive førende internationalt inden for deres forretningsområde,” fortæller Søren Lottrup, partner i Accelerace, og fortsætter: ”Potentialet er stort, da både skoler, elever og forældre efterspørger et værktøj som Tutee, der kan reformere vores forståelse af lektiehjælp.”

Kim Kjølhede fra CAPNOVA siger: “CAPNOVA ser frem til at følge Tutee, som har skabt en innovativ løsning baseret på markedskendskab. Et samarbejdsværktøj til videnssamfundet, som især omfatter elevers anvendelse af it i undervisningen. Tutee er skabt af et godt team med høje kompetencer, erfaring og stort engagement.

I første omgang vil Tutee vinde fodfæste på det danske marked og siden søge mod Sverige og Norge, hvor de forventer at kunne flerdoble virksomhedens omsætning inden for få år. Virksomhedens vækstplaner bygger også på en forventning om at vokse fra 12 til 40 medarbejder allerede i år 2015.

For mere information besøg,, og

Se også video-præsentationen af Tutee


Next Step Challenge startup competition and accelerator launches its latest class


Europe’s largest startup competition Next Step Challenge sponsored by Accelerace & SE has launched its latest international class of startups that includes 7 startups from the US, 2 from United Kingdom and startups from Israel, Germany and Sweden. The companies will compete for the largest entrepreneurial prize in Europe of 250,000 Euro.

The class includes companies developing products ranging from an app that instantly translates blurred speech into understandable speech, a smart-home company that delivers a complete home monitoring and automation solution in one display device and two smartphone-based sensors that enables you to detect and report available parking spaces in cities.

The Denmark-based startup competition and accelerator operates a six-month program focused on smart energy, smart home, digital health and communication. Each company in the Next Step Challenge receives 30,000 Euro in seed funding and the opportunity to win the first prize of 250,000 Euro.

So here are the 12 elected participants for the upcoming Next Step Challenge.

WordUp started in Provo, Utah (USA) in 2013 and is the world’s first global gaming platform for language learners, where students play games that are designed to teach them a new language while engaging and having fun with others students in other countries.

ParkTAG started in May 2014 in Germany. ParkTAG can crowdsource curbside parking occupancy purely based on Smartphone sensors. Data from 2-6% of the drivers in a city is enough for the advanced algorithm to predict available parking spaces.

TableGrabber is a Silicon Valley based startup that provides restaurants with software that allows the restaurants to forecast their demand and allow them to change their prices dynamically to increase their utilization and maximize their revenue potential.

Insticator is a New York based company founded in 2014. Insticator is a platform that empowers the engagement of fans of TV content by syncing gamification, social validation and a reward system into one experience where users can interact around the content.

Unified Intents is a Swedish company founded in 2010 that provides you with the Unified Remote app for your computer. This app allows you to turn your Smartphone into a wireless remote control for your computer, anything from video players and Netflix like apps to basic control

iNovar is a company from Great Britain launched in 2013. They provide an app that allows you to access all of your corporate content regardless of vendor or format on your choice of mobile device with 100% data security and 0% re-engineering.

CloudGrid was founded in February 2014 in Great Britain. CloudGrid is an open cloud-based platform for energy analytics and control of electrical networks by clicking onto existing electrical wiring and enables wireless data collection and circuit control from any web enabled device allowing you to save up to 30% energy expenditure.

Admetsys is a Boston, MA (USA) based company. Admetsys has developed the first fully-automated blood glucose control system (i.e. artificial pancreas) for hospital care, optimizing a procedure that have remained unchanged for 30 years.

RapidSOS is based in Boston, MA and New York, NY (USA) and founded in 2012. They deliver a service with the ability to deliver requests for help directly to emergency dispatch centers while bypassing the conventional and cumbersome phone call. Furthermore they offer a platform to distribute geofenced alerts to users on a given network.

Nwave Technologies is based in Great Britain. Nwave provides a low-power, high-range, and cost-efficient to deploy and communicate with IoT devices. The technology has many applications opportunities, the first of which to be implemented by Nwave, is a parking system. This allows you to detect and report available parking space in a city.

Voiceitt from Israel started in 2014. They provide you with an app that enables people with speech disabilities to speak clearly with nothing but with their own voice. The application functions as a translator of blurred speech into understandable speech.

Sentri is a Silicon Valley startup that started in April 2014. Sentri is a complete home monitoring and automation solution in one display device. The Sentri device adapts to your home, and delivers personalized alerts along with a video feed of your home to your Smartphone.

For more information go to  or watch this video of the Next Step Challenge program

About Next Step Challenge
Next Step Challenge is Europe’s largest and most ambitious startup competition and based on a partnership between the energy company SE & Accelerace – Scandinavia’s largest accelerator. The aim of Next Step Challenge is to make use of the unique digital infrastructure in the Region of Southern Denmark. Next Step Challenge want to put it to work by letting businesses with big ideas and visions discover how cutting-edge technological possibilities can help them achieve their goals.


600 mio. kr. på højkant i europæisk x-factor for it-iværksættere


FIWARE er temaet når 16 nye acceleratorprogrammer på tværs af Europa skal være med til at booste miljøet indenfor Internet of Things (IoT), big data og koncepter der opererer i skyen. Der er 375.000 kr. kvit og frit til hver startup, der bliver optaget i programmerne.

Et nyt EU-program skal forsøge at sætte skub i de gode it-opfindelser på tværs af kontinentet ved at lade borgere fra hele EU konkurrere på deres idéer og iværksættergen.

»Formålet er at gøre EU mere konkurrencestærk og bygge infrastrukturen til fremtidens internet,« siger Mikkel Toft-Olsen, der er programchef for en af EU-projektets danske partnere Accelerace, til Version2.

Han fortsætter: »Det er okay, at man kun starter med en god idé, så længe man bliver ved med at udvikle sig,« siger Mikkel Toft-Olsen.

Iværksætterne skal bruge en fælleseuropæisk udviklingsplatform

De 600 mio. kr. er fordelt over 16 acceleratorprogrammer på tværs af Europa, hvor iværksætterne får adgang til et bredt netværk og sparring for at udvikle idéerne.

Danske iværksættere kan i princippet ansøge alle programmerne, men det er kun et mindre udsnit, der er tilgængelige i Danmark. Det gælder SpeedUpIMPACTSmartAgriFood og FABulous, hvor de gennemgående temaer blandt andet er smarte byer, miljø, energi, medier og landbrug.

Udgangspunktet for at være med i konkurrencen er, at man skal benytte en særlig europæisk udviklingsplatform kaldet FIWARE, der er blevet udviklet til formålet. FIWARE består af en række konkrete værktøjer, også kaldet generic enablers, som blandt andet lægger nogle standarder for kommunikationen i et IoT-setup.

»Mange af de her elementer findes nok allerede, men det unikke er, at det er gratis, open source og til rådighed som del af en større infrastruktur,« siger Mikkel Toft-Olsen.

Det er nogle af de største it-virksomheder i Europa, der har udviklet værktøjerne, heriblandt IBM, SAP, Orange og Telefónica.

Hver accelerator holder en finale blandt deltagerne, hvor hovedpræmien ligger på omkring 1,5 mio. kr.

Deadline for tilmelding sker over de næste par måneder afhængigt af hvert program. StartUp Europe har deadline den 10. december.

Læs hele artiklen på:  


Upcoming events, November 2014!


We have a lot of exciting events coming up.

We have a lot of exciting events coming up the next month, including two events in week 47, the global entrepreneurship week!

You can read more about these events and get your tickets below:
Accelerace Open House:

Looking to fast track your startup?

Accelerace is opening up the doors Wednesday November 12th for aspiring entrepreneurs and startups with the ambition to get their business on the fast track! At the Open House event you’ll get a chance to hear more about Accelerace, meet our mentors and get a first-hand impression of Accelerace from last year’s participants Penneo and Magick. The deadline to apply for the next round of Accelerace is November 23rd.

Date: November 12th 2014.

Location: Symbion, Fruebjergvej 3, 2100 København Ø.

Time: 15:00-18:00.

Link to event:

Price: Free.


Boost dit startup pitch!:

Connect Denmark og Accelerace inviterer til workshop, hvor du kan træne og få feedback på din pitch-præsentation fra vores ekspertpanel af erfarne mentorer. Arrangementet er en del af Uge47 – Danmarks Vækst og iværksætteruge.

Date: November 17th 2014.

Location: Symbion, Fruebjergvej 3, 2100 København Ø.

Time: 12:00-17:00.

Link to event:

Price: Free.

Note that the event is in Danish.


Perfect your startup handshake pitch! By Bill Joos:

Accelerace invites you to a unique event with Bill Joos, who is one of the best and most entertaining pitch doctors in Silicon Valley. Bill is Former VP of Entrepreneur Development at Garage Technology Ventures, which he helped co-found. He has literally worked with hundreds of early-to-mid stage startups worldwide and held conferences & workshops for more than 2000 entrepreneurs. This event is a part of week 47 – The Danish Entrepreneurship week.

Date: November 18th 2014.

Location: Symbion, Fruebjergvej 3, 2100 København Ø.

Time: 15:00-16:30.

Link to event:

Price: Free.


We can’t wait to see you all!


Next Step Challenge attracts more than 300 global start-up talents


More than 300 international companies have applied to become part of Europe’s most ambitious start-up competition and accelerator program Next Step Challenge which will be running for the second consecutive year. Only 15 companies will join the competition that will take place in Denmark, where the companies will compete for the first prize of EUR 250,000.

More than 300 entrepreneurs from 75 different countries want to move to Denmark as part of the Next Step Challenge start-up competition. The number of applicants is a massive increase compared to last year’s 130 applicants. Startups from North Europe, UK and North America are strongly represented in the final pool of candidates.

“We are very proud, to attract this many ambitious entrepreneurs to the Next Step Challenge”, says Lisbeth Valther, Director of SE Next Step, which is part of the SE group. She further elaborates:

“The companies will develop their products and services based on the unique digital infrastructure of the southern region of Denmark with access to test products and solutions on a living lab of 260.000 households. This way the entrepreneurs will create the next generation of companies within smart energy, digitalization and digital health.”

Only 15 startups will compete in the finals

Next Step Challenge is initiated by SE, Accelerace and the region of Southern Denmark focusing mainly on new developments within digitalization and the opportunities it creates for future advancements. As part of the program the startups have a unique opportunity to test their business case through the digital infrastructure in the region of Southern Denmark. All the companies work within smart energy, digital health, smart home or communication services.

“In the first round of the Next Step Challenge the Serbian company Teleskin won the grand prize of EUR 250.000,” says Søren Lottrup, Partner in Accelerace and continues:

“Teleskin is today established in Denmark where they are in the process of improving their product innovation and expanding their team. Actually, previous contestants have proved that their ideas are both viable and possess huge potential. This is also a crucial success factor in the selection process towards the next round”.

In the beginning of November the most promising companies will present their business case in front of the Next Step Challenge selection board which consists of business leaders and industry experts.

Only the top 15 companies get selected for the challenging program which starts December 1st, 2014. The entire program ends in an award show in Esbjerg in Denmark in June 2015. During the program, the startups will get the opportunity to work alongside national and international experts connected to SE and Accelerace. Additionally, business developers from the region of Southern Denmark will visit Esbjerg during the program.

Want to know more about the Next Step Challenge? Then visit or check out the two-minute video presentation on


About the Next Step Challenge:

  • The Next Step Challenge is the most ambitious entrepreneur prize and accelerator program in Europe. Ambition really is the key word: the Challenge offers ambitious startups the chance to access a one-of-a-kind business development program and state-of-the-art digital infrastructure and smart grid.
  • During the 6-month program 15 promising startup companies will be working in Esbjerg in Denmark. The program includes workshops, labs and support from experienced Accelerace consultants.

In the Next Step Challenge the best international startups within smart energy, smart home, digital health and digital communication services compete for the biggest entrepreneurial prize in Europe of EUR 250.000. The Next Step Challenge is based on a partnership between SE, Accelerace and the region of Southern Denmark with a focus on providing continuing growth and development in the region of Southern Denmark.


Eksperter: Derfor boomer danske iværksættere ikke


Danske iværksættere er for dårlige til at vokse sig store og stærke i en fart. Faktisk er det kun et fåtal, der bliver til såkaldte vækstvirksomheder.

Lige nu jubler vi over antallet af nye danske virksomheder og unge, der vil prøve kræfter som iværksættere.

Men det er kun et fåtal, der i sidste ende bliver til såkaldte “vækstlokomotiver”, som kan trække gang i vækst og arbejdspladser.

Det fortæller Peter Torstensen, der er direktør i virksomheden Accelerace, som lever af at hjælpe små iværksættervirksomheder med at vokse sig store.

– Det er måske kun 0,1 procent af dem, som starter, der ender med at blive de her store vækstvirksomheder med 100 eller flere medarbejdere. Det er selvfølgelig super ærgerligt, og det er betydeligt mindre end i sammenlignelige lande, siger han.

Tre årsager til manglende vokseværk

Peter Torstensen peger på tre centrale årsager til, at der ikke er flere virksomheder, der vokser sig store og stærke herhjemme.

– Det første er, at det danske marked jo ikke er særlig stort. Og derfor skal man ret hurtigt uden for Danmarks grænser som ny virksomhed for at vokse, siger han.

For det andet har Danmark ifølge Peter Torstensen ikke særlig mange, der har været igennem rejsen fra spæd idé til stor virksomhed.

Han mener faktisk, at antallet herhjemme kan tælles på to hænder, og han peger i stedet på et land som USA, hvor der er langt flere, der har prøvet at skabe vækstvirksomheder.

– Og her i Danmark har vi altså behov for nogle flere af dem, der har prøvet det før, og som nu er i gang med at gøre det igen, siger Peter Torstensen.

I USA investerer man langt mere

Den tredje årsag er, at nogle af iværksætterne i stedet for at udvikle og ekspandere deres virksomhed i Danmark vælger at tage til udlandet, når de er i gang med deres væksteventyr.

– Enten fordi de ikke kan finde penge eller arbejdskraft nok. Eller fordi de gerne vil være tæt på det marked, som de skal vokse i, siger Peter Torstensen.

Han sammenligner igen med USA, hvor man investerer langt mere i unge virksomheder, hvis de skal vokse hurtigt.

På det amerikanske marked investerer man ifølge Peter Torstensen gladeligt 50 til 100 millioner dollar i en virksomhed, man tror på.

– Og i Danmark investerer vi vel 50 til 100 millioner kroner, hvis vi er rigtig heldige. Det er en femtedel af USA, siger han.

Professor: Der mangler tre ting

Alle de ting bekræfter professor i entreprenørskab på CBS, Serden Özcan.

Han forklarer, at entreprenørmiljøet i Danmark mangler tre grundlæggende hjørnesten for at kunne holde på iværksætterne: Venturekapital, specialister og adgang til et stort marked.

– Som iværksætter har du simpelthen brug for økonomisk støtte til at blive stor. Og derudover har du brug for specialiseret arbejdskraft til at udføre dine ideer, det kunne for eksempel være IT-udviklere, siger Serden Özcan.

Og så er Danmarks indre marked altså bare ikke stort nok.

– Så hvis man for eksempel udvikler små programmer til mobiler, så kan man måske få 50.000 brugere, men det er umuligt at få for eksempel fem millioner brugere, siger han.

Man har en anden vilje i USA

Serden Özcan fortæller, at det kan være årsagen til, at folk rejser ud af Danmark og i stedet starter deres kommende vækstvirksomhed i for eksempel USA.

– Og det er et problem, fordi det i sidste ende betyder, at entreprenørmiljøet herhjemme ikke vokser. Og fordi vi taber folk, så er vi heller ikke i stand til at tiltrække talenter fra andre lande, siger han.

Peter Torstensen mener, at der er nogle åbenlyse årsager til, at USA gør det bedre, når det kommer til at få små virksomheder til at vokse.

Også han peger på den åbenlyse fordel ved et stort marked, med plads til ekspansion.

– De har jo et hjemmemarked, der er koloenormt. Og så har de en længere tradition for at skabe vækstvirksomheder, end vi har. Det har de vel gjort de sidste 50 år, mens vi først for ti år siden begyndte at snakke om iværksættere, siger han.

– Så vi har slet ikke den samme tradition i Danmark, som de har i USA. Vi har så at sige ikke den samme vilje.



Welcome to 15 new Accelerace startups


Accelerace has just selected 15 of the most promising and ambitious startup companies on the Danish entrepreneur scene for a 5-month, intensive accelerator program.
Accelerace has just selected 15 of the most promising and ambitious startup companies on the Danish entrepreneur scene for a 5-month, intensive accelerator program.

The program includes: Over 180 hours of personal counseling and coaching with Accelerace consultants who have extensive experience as entrepreneurs. Accelerace labs with international experts such as Ted Zoller, Ash Maurya and pitch coach Bill Joos among others. Accelerace camps are designed to inspire, build networks and keep the participating startups up-to-date on the latest methods and tools within entrepreneurship and business development.

Some of the previous participants include Templafy, Kirkeweb, Abeo, Me-Mover, Confereize, GraduateLand, Queue-it, Penneo, recent winner of the best company award at Accelerace Investor Day 2014, and Magick and Coinify who tied for best pitch of the day (Read more here). Since 2005, more than 220 startups have gone through the accelerator program, which, in total, have created over 400 jobs and received more than € 72 million in funding. 94% of these startups are still in operation today.

The 15 new Accelerace participants are:

We can’t wait to work with you!


Penneo wins Best Company award at Accelerace Investor Day


18 startups pitched their unique business idea at Accelerace Investor Day that gathered the entire Danish investment community for a day of great pitches, networking, deal flow, and debate. Penneo won the award for best company. Coinify and Magick tied for best presentation.

Penneo won the award for best company at Accelerace Investor Day for their SaaS based electronic signature solution that makes it fast and easy to sign documents online using NemID. Penneo eliminates the need for printing and scanning or mailing signed documents. Magick, a SaaS company that has developed an innovative financial trading technology, and Coinify,  “the PayPal for Bitcoin” solution, tied for the award for best presentation.

Prior to Investor Day, the startups completed the 5-month Accelerace business accelerator program which offers valuable learning experiences from camps and events and guidance from experienced business accelerators and consultants. Investor Day celebrates the Accelerace companies by selecting a noteworthy group to pitch to Danish investors. The event gathered the entire Danish investment community with more than 175 participants for a series of 18 intense, 5-minute startup pitches, networking, and deal flow.

Deal flow & debate
The event also included an intense debate between Business angel & serial entrepreneur Thomas Madsen-Mygdal and Vækstfonden’s Ulrik Jørring addressing if and how government should involve itself in the startup ecosystem. The two combatants where flanked by Martin Kyed from CEPOS and Business angel & serial entrepreneur Klaus Nyengaard. The debate was moderated by Accelerace CEO Peter Torstensen.

The 18 participating companies at Investor Day were Advance Cleantech, Coinify, DecoSlide, Hello World Mobile, Innogie,, KAPPO!, Lendino, Magick, Make-it-move, Navidest Solutions, Penneo, Shevana, Siterex, Teleskin, and Yaneeda.

The companies were judged on a variety of criteria including their business opportunities, team, recent performance, growth potential and competitive advantages. The winners were selected by the audience through an online vote.

Picture of the Investor Day Winners. Best Company: Penneo. Best Presentations: Magick & Conify (tied)


Eliten skal få Danmark ud af krisen


Danmark bruger hvert år godt en milliard kroner på at hjælpe danskere, der vil etablere og starte virksomhed. Iværksættere som vi gerne skulle leve af i fremtiden. Alligevel kigger ender under en halv procent af dem med at vokse, mens mange af de ambitiøse iværksættere kigger ud over landets grænser. Væk med lighedsmageriet, lyder opråbet.

I en lille taglejlighed i en sidegade til Strøget sidder ti unge IT-supportere i 20erne. Fysisk er der ikke ret meget plads, men mentalt er der højt til loftet.

»Vi kræver meget af folk. Men til gengæld giver vi dem også masser af anerkendelse. Hårdt arbejde er hos os noget, der giver prestige og ikke kun kroner i kassen. Følelsen af at kunne gøre en forskel er jo vigtig for alle mennesker.«

Ordene kommer fra 31-årige Toke Kruse. For ikke mange år siden var han én af mange andre studerende på CBS, der havde udsigt til et godt og trygt lønmodtagerliv med masser af ferie og gode pensionsordninger. I stedet har han valgt en vej med mere arbejde og langt højere økonomisk usikkerhed.

»Lysten til at skabe noget og få anerkendelse har nok ligget i mig lige siden en eksamen i 9. klasse, hvor jeg opdagede, at jeg kunne få gode karakterer ved at gøre en indsats,« siger Toke Kruse, der ikke ligner en klassisk CBS-student med sit lange, røde skæg og løse trøje. Han er en ilter type, fornemmer man. Ikke én, der var god til at sidde stille på skolebænken. Men derfor kan man alligevel nå langt. I dag er Toke Kruse direktør i virksomheden Billy’s Billing, som sælger online-regnskabsprogrammer til andre små virksomheder. Virksomheden har en omsætning på fem mio. kr. og 17 ansatte – alle med små portrætbilleder på væggen, for alle skal »føle sig som direktører«, som han siger.Han er iværksætter med vækstambitioner – én af de eftertragtede, der er med til at skabe de job, Danmark gerne skulle leve af i fremtiden. Problemet er bare, at Toke Kruse og forretningspartneren, Sebastian Seilund, planlægger at udvide virksomheden i USA. De ansatte i Danmark er alene tiltænkt får en supportfunktion.

»USA har en helt anden tilgang til det at etablere virksomhed. De private investorer tør satse langt større beløb på nye virksomheder, men de er nok også hårdere i deres udvælgelse. Herhjemme er vi på et helt andet stadie, hvor politikerne ser iværksætteri som en nødløsning, hvis man ikke kan få et job,« forklarer den 31-årige iværksætter, som nu bor i San Francisco sammen med Sebastian Seilund.

Lad os få flere “rige svin”

De er langt fra de eneste danske iværksættere i udlandet. I sidste måned blev den danske iværksætter Mikkel Svanes virksomhed Zendesk børsnoteret i USA med en omsætning på 72 mio. dollar sidste år. Virksomheden tog turen over Atlanten efter to år, og direktøren har tidligere fortalt, at hans succes skyldes, at han forlod sit fædreland i tide.

Og det er et problem, hvis for mange af hans slags følger efter. For iværksætterne med ambitioner er dem, der skal være med til at vække Danmark af sin vækstmæssige søvn. Nye virksomheder skal op og konkurrere med de store, så Danmark kan øge produktiviteten og dermed skabe flere arbejdspladser. Den slags entreprenante danskere er der alt for få af, selv om Danmark er et af de lande, hvor det er lettest at etablere en virksomhed. Både kommuner og staten stiller talrige rådgivningsfunktioner til rådighed gratis, og danskerne opretter årligt omkring 18.000 virksomheder, hvilket svarer nogenlunde til andelen af nye virksomheder i eksempelvis USA i forhold til befolkningens størrelse. Alligevel bliver virksomhederne ikke store. Under en halv procent af de virksomheder, der blev etableret i 2005, var fem år efter nået op i kategorien vækst-iværksættere ifølge Erhvervsstyrelsens tal, og Danmark har her en bundplacering i OECD. Skal det offentlige så betale for endnu mere iværksætterrådgivning? Nej, lyder svaret i en rundspørge, Berlingske Research har foretaget blandt knap 500 IT-iværksættere. 67 procent har ikke gjort brug af den offentlige rådgivning, som findes hos eksempelvis kommunernes erhvervsservice og de fem Væksthuse. Årsagerne er blandt andet, at iværksætterne ikke har haft behovet, at de frygter bureaukrati, at de har dårlige erfaringer med de offentlige konsulenter, eller at de ganske enkelt ikke har haft ambitioner.

Én af dem, IT-konsulent Marianne Steen, der selv har masser af vækstambitioner, har efter at have gjort brug af et offentligt drevet kontorhotel, besluttet sig for at klare tingene selv fremover.

»Der var bare en anden kultur. Intentionerne med projektet var jo gode, og der var intet i vejen med de ansatte, men de rammer, de arbejdede under, var vidt forskellige fra iværksætternes. Som iværksætter har man ikke brug for at få en lejekontrakt på 36 sider eller at vente i ugevis på at få sit depositum, fordi en medarbejder skal afspadsere, så hun ikke arbejder mere end 37 timer om ugen. Det er en systemtankegang, man som iværksætter slet ikke er en del af,« siger Marianne Steen.

Toke Kruse er heller ikke i tvivl. »Jeg kunne aldrig drømme om at gå ned til en konsulent i kommunen. Hvordan skal offentlige rådgivere, som måske ikke selv har haft en virksomhed, skabe flere dygtige iværksættere? Det, vi har brug for, er mere risikovillig kapital til de dygtigste, og her har vi ikke oplevet de offentlige muligheder som gode nok,« siger han. Kunne det ikke være, fordi de offentlige långivere har vurderet, at jeres forretning ikke var god nok?

»Det, vi har brug for, er mere risikovillig kapital til de dygtigste iværksættere i stedet for en masse små støtteordninger. Det er eliten, som skal få Danmark ud af krisen,« siger han.

Selv oprettede Toke Kruse sit første IT-firma, mens han stadig passede studierne i gymnasiet i slutningen af 90erne. Han bankede i bogstaveligste forstand på døren hos butikkerne på Strøget og spurgte, om ikke de havde brug for en hjemmeside. Med en mor som plejehjemsassistent og en far som økonomichef i Kongehuset var iværksættervejen ikke selvskrevet, og Toke Kruse begyndte først på CBS for at have noget at falde tilbage på. Men teorierne blegnede noget i forhold til arbejdet med hjemmesiderne, og han fik mere blod på tanden. I løbet af studierne fandt han derfor på at lave et firma, der skulle levere madpakker til travle børnefamilier. Da der ikke var andre, som kunne se idéen, endte Tokemed selv at lave madpakkerne.

»Jeg stod i Døgnnetto med ti fyldte indkøbskurve to dage om ugen, så jeg kunne smøre 300 madpakker . Det har været hårdt arbejde undervejs,« siger Toke Kruse, der ikke blev træt, men blot fik endnu mere gåpåmod.

Så selv om madpakkefirmaet ikke kunne løbe rundt på længere sigt – og han var begyndt på et nyt studium på CBS – varede det ikke længe, før han fik en ny idé. I 2010 stiftede han virksomheden Billy’s Billing sammen med sin kollega, Sebastian Seilund, som i dag står for IT-udviklingen. På det tidspunkt havde de to flere gange oplevet, hvor meget bøvl små virksomheder kan have med administration og økonomi, og derfor havde brug for et smartere system.

»Min far sagde, at det var en god idé, for det er vigtigt for alle iværksættere at forstå økonomien i en virksomhed. Men han rådede mig også til at gøre min kandidatuddannelse færdig først,« forklarer Toke Kruse, der tog sin uddannelse på et komprimeret år ved at betale for en stor del af studiet selv og derefter åbnede Billy’s Billing.

Er den milliard, som Danmark årligt bruger på at hjælpe iværksættere og små virksomheder, så helt spildt? Nej, lyder det fra adjungeret professor på CBS og mangeårig kender af iværksættermiljøet i Danmark, Søren Hougaard. BME BRØD MED INDRYK: Pengene skal fordeles til de dygtigste i stedet for at blive spredt ud over alle. Problemet, mener Søren Hougaard, bunder i, at vi har forsøgt at skabe en iværksætterkultur ud fra et lighedsideal, hvor ressourcerne skal fordeles ens blandt alle. Som det også sker i eksempelvis beskæftigelsessystemet, som regeringen nu er i gang med at reformere.

»Den tankegang betyder desværre, at vi ender med et kludetæppe af forskellige ordninger, som ikke formår at gøre en forskel for de rigtigt gode iværksættere. I stedet bør vi rydde op og lave nogle færre, men langt mere ambitiøse og målrettede tilbud. Problemet med det er selvfølgelig, at det i Danmark er meget svært at sige, at nogle er bedre end andre. Hvis man laver en parallel til sportens verden, kan vi se, at vi kommer til tops i de sportsgrene, hvor vi tør lave eliteprogrammer og benhårdt udvælger de dygtigste. Men på mange andre områder er det et tabu at bruge penge på eliten,« siger han »Det er jo ikke sådan, at de nuværende ordninger skader nogle, og jeg mener også, at det offentlige har været med til at løsne op på kapitalmarkedet, så iværksætterne har fået bedre adgang til kapital. Men vi får bare ikke vækst for pengene. Det kræver, at vi er mere elitære i vores tilgang.«

Søren Hougaard peger på ét halv-offentligt finansieret iværksætterprogram, som, han mener, udgør en undtagelse, det såkaldte Accelerace-program. Programmet skal hjælpe iværksættere i vækst, men kriterierne for at deltage og dermed også få finansiering er hårde, og kun 25 ud af 200 slipper årligt gennem nåleøjet. Bestyrelsesformand i Accelerace, Jørgen Bardenfleth, som er tidligere direktør i Microsoft, lægger ikke skjul på, at programmet, som nu har kørt i fem år, satser benhårdt på de dygtigste.

»Alle er enige om, at væksten skal komme fra nye virksomheder, for det er dem, der skaber job. Og her måtte vi bare erkende, at Danmark ikke ligefrem vandt nogen guldmedaljer,« siger Jørgen Bardenfleth og uddyber: »Mange serie-iværksættere mener, at det offentlige helt skal afholde sig fra at bruge penge på iværksættere. Det mener jeg nu godt, at vi kan. Men på samme måde som Norge tiltrækker verdens bedste skiløbere, fordi de satser benhårdt på at udvikle de dygtigste, skal vi også kunne tiltrække de bedste til Danmark inden for iværksætteri. Team Danmark opstod, fordi vi ikke opnåede tilstrækkelige resultater. Vi har også brug for elitær træning til iværksætterne.«

Ser man på de iværksættere, som har været igennem Accelerace, er resultaterne svære at se bort fra. Før de blev en del af programmet, var iværksætterne vurderet til at være omkring 400 millioner kroner værd i alt. I dag er virksomhedernes værdi steget til 1,38 milliarder, og de har samlet set skabt 766 nye job.

Men hvorfor hjælpe dem, der godt kan selv, i stedet for at sikre, at kræfterne bliver brugt på dem, der skal have hjælp til at komme op i omdrejninger?

Fordi de ellers søger andre steder hen, hvor vækstmulighederne er bedre, lyder svaret fra Toke Kruse.

»Det er klart, at hvis man har nået en alder, hvor man måske har stiftet familie og føler sig mere afhængig af sit danske netværk, er det sværere at rykke teltpælene op og rejse ud. Men er man single, som Sebastian og jeg var, er der ingen tvivl om, at man rejser,« siger han.Hvorfor så bruge tid  og kræfter på samfunds­debatten om iværksættere i Danmark?

»Jeg kunne jo godt være ligeglad og tænke, at nu har vi vores på det tørre i USA. Men jeg føler et ansvar for at hjælpe Danmark med at blive bedre, for vi har alle muligheder for at blive det.«



Teleskin wins Next Step Challenge and Europe’s biggest entrepreneur prize


Eight start-ups reached the final of the Accelerace partner project The Next Step Challenge competition with their own unique business idea. The winner was the Serbian company Teleskin who was presented with the biggest entrepreneur prize in Europe of 250,000 euro by HRH Crown Prince Frederik of Denmark.

Teleskin combines digital technology and medical knowledge in an innovative way. Their digital solution allows users to take photos of their moles and skin lesions which are sent to evaluation by a physician through the Teleskin app and digital platform. The user gets an answer within 24 hours as to whether the moles or skin lesions are benign or not.

Prior to the Next Step Challenge award show the eight entrepreneurs completed a 5-month entrepreneurship course in Esbjerg in Denmark. Along the way, the companies developed their ideas and products. Originally 130 entrepreneurial companies applied to participate in the competition. During the process the 130 companies was narrowed down to the eight start-up companies that participated in the final. Next Step Challenge is based on collaboration between SE, the business accelerator Accelerace and The Region of Southern Denmark. The eight aspiring companies are from all around the globe: USA, Serbia, Denmark and Chile.

The companies were all judged on a variety of criteria: Their business opportunities, team skills, the company’s performance over the last 5 months, growth potential and how effectively they will use the prize money.

A new business concept that solves a major problem in the global market
Teleskin was awarded the Next Step Challenge grand prize of 250,000 euro. Teleskin’s mission of saving lives through their innovative e-health solution stood out. Also, Teleskin worked extremely dedicated and focused in cooperation with the Danish experts. Their product combines digital technology with medical know-how, and they solve a major problem in the global market.

Last but not least, Teleskin’s team is characterized by a high professional standard which includes doctors and medical experts and they also have strong expertise within their field. This was highlighted as strong base to build on to achieve future success. The prize of 250,000 euro will help the company going forward towards further growth and new developments.

About Next Step Challenge
Next Step Challenge is Europe’s most ambitious entrepreneurship program, which has now reached the finish line of the first generation of the competition. Next Step Challenge is based on the cooperation between SE, the business accelerator Accelerace and The Region of Southern Denmark. Over the past five months the 8 companies have worked hard to develop their unique business ideas in smart energy and digitization, with the sole aim to sharpen their business model towards their respective markets. The companies cover a wide spectra where intelligent energy solutions, an online homework app, activity apps, telemedicine, etc. are among the participants’ ideas. Read more at

• During the process, the participating companies has been housed in the Next Step City in Esbjerg in Denmark.
• The winning company received a prize of 250,000 euro.
• All business ideas have been based in digitization, intelligent energy and telemedicine.
• Next Step City is located in Esbjerg in Denmark, where participants can take advantage of the region’s fast fiber network, and South Jutland is one of the regions in Europe with the largest coverage of fiber broadband.
• In Esbjerg competing companies had the opportunity to test their technology, customers, etc. one of the world’s most advanced digital infrastructures and had assigned mentors from the business community in Denmark and international experts, and the possibility working intensively with a personal coach.

The participating companies:
E- Health: Teleskin (Serbia) Smart Energy: Aquicore (USA) and Innogie (Denmark)
Digitalization: Kappo (Chile), Glamping Hub (USA), Onomondo (Denmark), Lendino (Denmark), Tutee (Denmark).

Read more

OpenAxel launches the first open acceleration platform in Europe


Openaxel (Opening Acceleration across Europe) launches the first open acceleration platform in Europe gathering new acceleration services, creating European-level visibility and access to investors. The platform provides a unique opportunity for startups and SME’s with ambitions for European growth.

Openaxel launches its open acceleration platform to promote growth for accelerators and startups at a European level

Openaxel (Opening Acceleration across Europe) launches the first open acceleration platform in Europe gathering new acceleration services, creating European-level visibility and access to investors. The platform provides a unique opportunity for startups and SME’s with ambitions for European growth.

With the financial support of the European Commission, a consortium composed of, among others, three of the major accelerators of the entrepreneurial ecosystem (Accelerace, Wayra and AppCampus) will nurture an Open Acceleration ecosystem in order to encourage collaboration between European accelerators.

“After analyzing that most operate locally and do not have a European vision, we want to find out who are the most innovative in terms of the services they offer” say its representatives.

Unique opportunity for startups
This new platform provides a unique opportunity for startups and SMEs in the ICT sector, as it will help them grow internationally offering new acceleration services, European-level visibility and access to new investors and to best mentors.

In addition to the Web platform, Openaxel will seek out the best entrepreneurial talent in Europe through two startup competitions (one in 2014 and one in 2015) to select the 60 most promising startups in Europe (30 yearly). The 30 selected startups will receive acceleration services and 9 winners out of them will receive additional support, including world class coaching and mentoring from top level executives from global corporations, offers from world class technological partners and a trip to Silicon Valley in California, where they will come into contact with international investors and successful entrepreneurs.

 “Europe has seen a boost in digital entrepreneurship in recent years and Openaxel is born with the guarantee that it will bring together the best, and get from them the best possible performance combining talent with a world class advice” say its representatives.

Openaxel is one of the projects funded by the EU under the Startup Europe initiative to support ICT companies in accelerating their business growth through internationalization and cross-border financing. The project is carried out by a consortium composed of 8 partners (leading accelerators, institutional entities, and specialized innovation consulting firms) with huge international exposure and coming from 6 European countries:

– Accelerace

– Wayra
– AppCampus
– DigitalEurope
– Econet
– Opinno
– FundingBox

For more information about OPENAXEL please visit

About Accelerace

Acceleraceis partner in Openaxel and Scandinavia’s leading start-up accelerator that helps new businesses make the most of their potential nationally and internationally. With a team of experienced entrepreneurs and business developers, Accelerace offers customized expertise, investment, and network to help start-ups succeed through a 5-month customer driven and operational program. At the same time Accelerace are dedicated to developing and sharing knowledge on best practice in entrepreneurship. Since 2008 Accelerace have spotted, trained and invested in more than 200 start-ups and spin-off companies, which has generated more than 400 jobs. The start-up survival rate since 2008 is more than 94 %. Accelerace are also partner in start-up projects such as The Commercialize project, Next Step Challenge, Launchpad Denmark, Entrepreneurial Learning Lab (EL2), Welfare Tech Invest, Nupark Accelerace Invest and Nordic High Growth. Accelerace has 6 Danish offices. For more information visit or contact Accelerace by telephone (0045) 39 17 94 04 or email:

About Openaxel

OpenAxel stands for “Opening Acceleration across Europe”. It is a project financed by the European Commission that aims to map all the acceleration services delivered to startups across Europe. By mapping these services a cooperative, systemic and systematic grid will be established, increasing collaboration between different stakeholders at a European level. Those acceleration services, delivered by a wide range of providers, will be easily accessible to entrepreneurs through OpenAxel ́s online platform. Additionally, two big contests will be held throughout the project execution with the objective of detecting and promoting European best talent (30 most promising startups in each contest). The consortium that manages the project is composed of different players in the ecosystem, including three of the biggest global accelerators worldwide: Accelerace, AppCampus and Wayra. The project will be reinforced by the capillarity and visibility among the ICT industry provided by Digital Europe and IVSZ, and Econet ́s and Opinno ́s international connections and expertise in dealing with European projects. For more information visit


Vi vælger vinderne!


Forskerbyen Symbion går målrettet efter at finde de iværksættere inden for især IT, der kan vokse sig store og skabe arbejdspladser – og øge overlevelseschancerne i de første svære år. Indtil nu er det blevet til over 750 job, og ni ud af ti af de nye virksomheder er stadig i live.

De pakker det ikke på nogen måde ind: »Vi arbejder med eliteiværksætterne. Har de ild i øjnene og vil gå gennem liv og død for deres ideer?«

Hvis svaret er »ja«, kan de vente fuld opbakning fra Jørgen Bardenfleth og Peter Torstensen. De er to erfarne rotter i den danske iværksætterbranche og kan – som henholdsvis bestyrelsesformand og administrerende direktør for både forskerparken Symbion og dens udviklingsprogram Accelerace – stille med præcis den opbakning, der skal til for at løfte de gode ideer op til at blive rigtige produkter med indtjenings- og eksportmuligheder.

Det kan over 200 iværksættervirksomheder bekræfte.

Udvælges ligesom sportsstjernerne

Accelerace, som bestyrelsesformand Jørgen Bardenfleth uden blusel kalder »en af de fremmeste inkubatorer i Skandinavien«, kan nemlig levere husly, rådgivning og kapital, så iværksætterne kan få lov til at blomstre og udvikle sig.

Hvis de ellers slipper gennem nåleøjet.

Hvert halve år udvælges 25 iværksættervirksomheder blandt omkring 200 ansøgere, der herefter kan få mikrofinansiering på 250.000-500.000 kroner som lån og optrænes gennem seks måneder, inden de – som »rigtige« sportsstjerner – får mulighed for at blive finansieret med to-fem millioner kroner, når fem-syv af de 25 udvælges som dem, det er værd at satse på.

»Det er vigtigt, at der er mange med i opløbet. Ellers kan vi ikke finde de bedste,« siger Jørgen Bardenfleth.

Han har også noget at have sin umiddelbare kækhed i. Af de 200 selskaber inden for IT, bio- og velfærdsteknologi og smart energi, som Accelerace har arbejdet med, er de 93,4 procent stadig i live. Kun 13 er gået ned. Før de kom til Accelerace, var de 409 millioner kroner værd tilsammen. I dag vurderes de til 1,38 milliarder kroner, og de har skabt 766 nye job.

»I gennemsnit har de fem-ti ansatte. Vi vil helst have dem, der har fået de første erfaringer forinden. Så skal vi flytte dem, så de kan skalere forretningen. Men i løbet af de næste seks måneder skal de have et fuldt produkt, der kan sendes på markedet. Rigtig mange grundlægges i Danmark, men antallet af vækstvirksomheder er mere beskedent. Antallet af folk, der virkelig har prøvet at skalere en virksomhed, er begrænset, og det vil vi træne dem op til,« siger Peter Torstensen.

75-100 mio. kr. er klar til investering

Bedst kendt af mange af Acceleraces iværksættere er nok det i dag syv år gamle Trustpilot, der bruges verden over, hvor folk lægger brugeranmeldelser ind, som andre kan se og lære af. De begyndte fem mand høj, og i dag er de tæt på 180 ansatte. Andre vil kende Freetrailer, når de står i IKEA og mangler plads til de indkøbte varer.

»Vi vil gerne have en superelitær tilgang, for jo flere eliteiværksættere der er, desto flere har lyst til at være her. Hvis man er rigtig dygtig, vil man arbejde sammen med de dygtigste. Danmark har virkelig underprioriteret dyrkning af eliten. Masser af initiativer hjælper iværksættere i bredden. Vi vil være for opstartsvirksomheder, hvad Team Danmark er for topatleter,« siger Peter Torstensen.

Accelerace begyndte for syv år siden. Hele finansieringen kom dengang fra det offentlige, og i dag er den halvt offentlig, halvt privat. Målet er at være 100 procent privat om nogle år. 250 millioner kroner – heraf 75-100 millioner kroner i frie midler – er der til at foretage investeringer med.

Skal helst være gået ned to gange…

»Investeringsklimaet bliver bedre og bedre, men investorerne er også blevet stadigt klogere efter f.eks. IT-boblen. For otte år siden kunne man investere på en drøm, i dag kræver det konkrete beviser. Vor vigtigste opgave er at skaffe vore virksomheder disse beviser,« siger Peter Torstensen, der selv har været med i ni år og og – som 80 procent af de ansatte – selv har været iværksætter … »og helst er gået ned to gange«.

Så har man nemlig lært lektien og kan bidrage til, at andre ikke behøver at gentage fadæserne.

Accelerace har i alt 60 ansatte, hvoraf de 35 rådgiver og arbejder med finansiering af opstartsvirksomheder. 20 sidder i Symbion på Fruebjergvej nær Ryparken Station i København, de øvrige på tre adresser i hovedstadsområdet samt i Odense, Vejle, Esbjerg, Aarhus og Holstebro.

Og så er der internationale partnere i Estland, Letland, Sverige, Norge og Storbritannien – med Tyskland som den næste på ønskelisten.

Accelerace går efter fire hovedområder: IT-software (ikke hardware) med handelsplatforme à la eBay, mobilapplikationer og software til erhvervsbrug; bio- og velfærdsteknologi heriblandt diagnosticeringsmetoder, smart energi, hvor teknologi kan ændre forbrugernes adfærd og spare på energien og fysiske industriprodukter til både forbrugere og virksomheder. IT fylder omkring halvdelen og bio- og velværdsteknologi en fjerdedel.

Omkring 25 pct. af lejerne skiftes ud hvert år, og iværksætterne bliver i gennemsnit fire år, før de rykker videre ud i virkeligheden. Accelerace følger de udvalgte tæt med ugentlige besøg og samler viden i en database, der skal blive verdens førende om iværksættererfaringer, så faldgruberne undgås.

»Vi tror på, at man kan lære iværksætteri. Der er enorme risici i tidlige investeringer og lærepenge, så det er vigtigt, at det offentlige her er med til at tage investeringerne, når det skal afklares, om ideerne holder,« siger Peter Torstensen.




For tidlig startkapital kan være en hæmsko


Venturekapital. Investeringsrådgivere råder ofte iværksætterne til at finde investorer i en fart. Men kapitalindsprøjtningen kan ifølge flere kilder hurtigt udgøre en risiko for innovative virksomheder.

Lav en prototype, udform en forretningsmodel og find nogle investorer. Sådan lyder mantraet fra mange investeringsrådgivere, der råder iværksætterne til at komme hurtigt ud af starthullerne og få investorer med om bord. Men tidlig kapital øger risikoen for, at det går galt, mener Peter Torstensen, der er i direktør i Accelerace og til daglig hjælper danske opstartsvirksomheder.

»Alle taler om, at det eneste, man mangler her i verden, er penge til iværksætteri. Og det er klart, at det fører til et fokus hos virksomhederne på, at hvis man bare får penge, kommer man til at lykkes. Men så enkelt er det ikke,« siger han og uddyber:

»Når man får en pose penge, er der krav om, at man bruger dem. Man ansætter medarbejdere og udvikler virksomheden. Men hvis man så ikke øger indtjeningen tilsvarende, og det kan der være mange årsager til, at man ikke gør, når man er en ny virksomhed, er der en risiko for, at man går konkurs.«

Torben Bager, professor og direktør i IDEA, et kompetencecenter for iværksætteri ved Syddansk Universitet, er enig i Peter Torstensens betragtninger.

»Det er interessant, at han vender den lidt på hovedet. Det normale argument er, at vi skal have mere venturekapital. Men han har fat i den lange ende, når det kommer til den mere komplekse del af virksomhederne,« siger Torben Bager.

Jannick Nytoft, direktør i DCVA, brancheforeningen for venture- og kapitalfonde, nikker genkendende til pointen, men understreger, at det er en kompleks balancegang at vurdere, hvornår virksomheder har behov for kapital:

»Jo tidligere en virksomhed får decideret vækstkapital fra en investor, desto større vil risikoen, potentialet og kravene til virksomheden være. Men det er jo meget situationsbestemt, hvornår det er vigtigt med ny kapital. For nogle typer virksomheder handler det om at erobre verden hurtigt, ellers erobrer en anden den. For andre kan det være fint først at bygge virksomheden op.«

Innovativ usikkerhed
Det er ofte de innovative virksomheder, der ikke ligner nogen, der allerede er på markedet, der har størst behov for risikovillig kapital, fordi usikkerheden er stor. Omvendt er det ifølge Torben Bager ofte her, behovet for at gå roligt frem er størst.

»Inden for de her områder skal man lade sig blive klogere og mærke efter på markedet. Man skal bevæge sig med forsigtighed og eksperimentere med blik for, at det kan være nødvendigt at gå nye veje,« siger han. Han understreger, at selv om alle har en fælles interesse i, at virksomhederne får succes, kan det stadig være vigtigt for iværksætterne at tage sig god tid til forberedelsesfasen.

»For mange penge om bord kan låse en virksomhed fast på ét spor. Selv om  investorerne siger, at de investerer i udvikling, kigger de også på afkast og exitmuligheder. De tager styringen over en vis del af processen, og det
eksperimenterende kan lidt gå fløjten.«

Store forventninger
Ifølge Peter Torstensen fra Accelerace er det netop investorernes forventninger til hurtig vækst, der øger risikoen for virksomheden. Han påpeger, at det kun er omkring en tiendedel af de virksomheder, der rejser tidlig kapital, som får succes.

»Nogle gange bliver man presset ud i at gøre nogle ting, man måske ikke selv synes
er sjovt, for nu har man fået nogle penge, og nu er der naturligt nok nogle forventninger. Investeringerne sætter et pres på, at man skal gøre noget mere og øge omkostningerne, selv om det måske ikke er tiden til det. Og det øger risikoen,« siger han.

Peter Torstensen mener ikke, virksomhederne helt skal afholde sig fra at rejse penge. De skal bare overveje tidspunktet og vente, til de har nogle beviser for, at forretningsplanen fungerer i praksis. Det kan give pote på flere planer.

»De her tanker er i mine øjne ikke ret kontroversielle, det er faktisk en helt gammeldags måde at tænke forretning på. At sætte tæring efter næring og bevise, at forretningen virker, ved at der er nogen, der vil betale for varen. På den måde er man løbende klar over, om man bruger sine penge på en fornuftig måde. Og når man har beviser, får man også en bedre vurdering af venturefondene, og man kan sælge sin andel for en større pose penge,« siger han.

Fakta Venturekapital

  • Iværksættervirksomheder, som modtager
    kapital fra ventureinvestorer, vil
    typisk have behov for forskellige typer
    investeringer hen over de forskellige
    stadier i virksomhedens udvikling.
  • For hver af virksomhedens udviklingsstadier
    findes en tilhørende finansieringsfase.
    Venturekapital dækker den
    finansiering, der sker tidligt i virksomhedens
    liv, eksempelvis i udviklingsfasen
    eller i den tidlige vækstfase.
  • Venturekapital kan eksempelvis være
    pre-seed, seed eller start-up, som virksomhederne
    bruger fra de helt tidlige
    forsknings- og udviklingsfaser og frem
    mod den tidlige og vedvarende vækst.
  • Venturekapital bliver typisk tilbudt af
    innovationsmiljøer, ventureselskaber,
    private »business angels« eller statens
    finansieringsfond, Vækstfonden.

Fra hurtig nedtur til langsom optur


Opstart. Markus Priess har prøvet at vokse hurtigt med en virksomhed, og han har prøvet at gå konkurs. Da han startede forfra med Autoparts24, var han tvunget til at vokse langsomt, og i dag tøver han med at få investorer med om bord.

Fra den ene yderlighed til den anden. I 00ernes opsving kastede Markus Priess sig ud i et eventyr med sit firma, Byens Autogenbrug. Han flyttede fra København til Ishøj, åbnede en ny filial i Herlev og etablerede en international internethandel. I  2008 gik han konkurs.

»Jeg byggede 5.000 kvadratmeter kontorer og nyt lager, men selv om det kun lå få kilometer væk fra det gamle, mistede vi en tredjedel af kunderne. Og når man har så store omkostninger, som vi pludselig havde opbygget, så går det altså meget hurtigt ned ad bakke,« siger Markus Priess.

I dag er han direktør i Autoparts24, der ligesom Markus Priess’ gamle virksomhed handler med brugte reservedele. Men selv om branchen er den samme, har opstarten været en helt anden.

»Det høje omkostningsniveau var med til at slå min virksomhed ihjel, og jeg lærte simpelthen, at jeg skulle gå i den helt anden grøft. I den virksomhed, jeg har nu, er jeg gået langsomt frem og har holdt omkostningerne på et minimum,« siger Markus Priess, der i dag udelukkende formidler kontakt mellem købere og sælgere af brugte reservedele og derfor har hele sin forretning på computeren.

Tvunget til organisk vækst
At Autoparts24 er vokset langsomt skyldes mere nød end lyst. Da Markus Priess  etablerede virksomheden, sad han tilbage med en så stor personlig gæld, at banken lukkede kassen helt i.

»Jeg var helt desperat. Jeg vidste ikke engang, hvordan jeg skulle betale mine regninger, eller om vi kunne beholde vores hus. Var der kommet en investor på det tidspunkt, havde han kunnet få en stor bid for få penge,« siger han.

Der kom dog ikke nogen investorer, og Markus Priess måtte tage det lange, seje træk. I dag har han en solid virksomhed og kan igen sove uden sovepiller.

»Set i bakspejlet har der været rigtig mange fordele ved at vokse langsomt. Jeg har kunnet lære løbende og gå i forkerte retninger, uden det havde den helt store betydning. Jeg havde jo ikke enorme beløb at investere, og når du vokser langsomt, har du hele tiden overblikket. Når du får penge ind, kan du vækste hurtigere, men der er også en risiko for at begå store fejl,« siger Markus Priess.

Investorer på hold
I sommer fik Ebay øjnene op for Markus Priess’ internationale handel med reservedele og startede et samarbejde med Autoparts24. Det har firedoblet omsætningen, og i dag står investorerne i kø.

»Det er jo en helt ekstrem situation. Jeg kommer fra et sted, hvor jeg ikke engang kunne få en kassekredit, og nu står der nogen, der vil investere et rimeligt stort millionbeløb,« siger han.

Han holder dog lidt igen, for han mener stadig, forretningsmodellen er så kompleks, at den skal udvikles mere:

»Jeg vil gerne vente til sommer, for så regner jeg med, at virksomheden er mere klar. Vi er stadig i gang med at lære, hvordan vi skal håndtere markedet, og der har det været rigtigt godt, at vi har haft tid og ro til at vokse langsomt og lære alle processerne. En investor ville have haft en forventning til, at vi voksede hurtigere.«


New Nordic collaboration launches a cross-border Accelerator program for life science and medtech companies


The project called Accelerace Life aims to develop an effective and cost-efficient cross-border high growth accelerator in the Nordic countries that propels promising life science SMEs into international markets to gain faster market access through a strong collaboration between the best Scandinavian incubators & accelerators.

On 17th of February 2014, a group of 7 strong incubators and accelerators in Scandinavia launched a shared joint Nordic Accelerator that place high growth SMEs within life science and medtech simultaneously in the four Scandinavian markets with all needed network, mentors, experts, elite training programs etc.

Peter Torstensen, CEO in Accelerace, says: “The creation of high growth companies have been high on the agenda of all European countries for many decades, but so far we have seen little concrete efforts towards collaborating on Nordic level to achieve such goals. By allowing for innovative entrepreneurs to access all Nordic markets from day 1 through a strong cross-border collaboration between national accelerators and incubators with valuable experiences and networks, we can immediately help Nordic entrepreneurs grow faster, better and stronger, both within the Nordic region and on export markets.”

Morten Mølgaard Jensen, CEO in COBIS, adds: ”Small home markets and similar challenges calls for closer Nordic collaboration to build stronger and more interlinked Nordic infrastructure for entrepreneurs. With the valuable support from Nordic Innovation, Accelerace Life will simultaneously strengthen the Nordic Ecosystem for high growth company creation by setting up a cross-border accelerator.”

The partners have now begun to identify and select potential promising life science SMEs in the Nordic countries that could benefit from the program. The participating companies will get access to practical, hands-on business development services, parallel market access to all Nordic countries, international funding and collaborations between life science SMEs and experts, facilities and investors in other Nordic regions.

The innovation needs of SMEs will drive the collaborations. Whether they are technological, commercial or financial, Accelerace Life will help to connect Nordic SMEs to a relevant expert or provider in the consortium network.

The partners behind the new program are Accelerace Management (DK), Copenhagen Bio Science Park (DK), STING (SE), Karolinska Institutet Innovations (SE), Lund Life Science Incubator (SE), Turku Science Park (FI) and Kjeller Innovasjon (NO). For more information, please visit the following websites:

For more information, please visit the following websites:


Accelerace Management:
Morten Heide, Partner – phone: +45 2971 3979,

Copenhagen Bio Science Park:
Morten Mølgaard Jensen, CEO – phone: +45 3119 7311,

STING (Stockholm Innovation & Growth):
Olof Berglund, Business Coach Medtech – phone: +46 (0)706 35 98 15,

Karolinska Institutet Innovations:
Christian Krog-Jensen, Science and Business Development – phone: +46 (0)70-661 81 49,

Lund Life Science Incubator
Örjan Norberg, CEO – phone: +46 70 309 1868,

Turku Science Park:
Tero Piispanen, Program Director – phone: +358 400 781 683,

Kjeller Innovasjon:
Reidun Gangdal, project manager – phone: +47 907 51 791,


Welcome to 28 new Accelerace startups


We’re proud to introduce our 28 new startup stars:

We can’t wait to work with you!


Hård dyst om millioner på kun 5 minutter


Eksamen. Til det halvårlige Accelerace dyster en håndfuld mindre virksomheder med vækstpotentiale om pengemændene gunst. De har hver fem intense minutter til at overbevise investorerne.

Nogle øjeblikke er mere afgørende end andre. Sådan er det også, når Accelerace afholder sit halvårlige event i Carlsbergbyen i København – for her er det nemlig eksamensdag for 15 håbefulde små virksomheder.

Fælles for deltagerne er, at de har været igennem et forløb på seks måneder med rådgivning, der både har skærpet deres profil og forberedt dem på denne dag. Det er nu, de skal stille sig op foran omtrent 100 tilskuere, hvoraf en stor del er potentielle investorer, som leder efter lovende nye projekter, de kan kaste deres investormillioner i.

Rammen er en teatersal i Dansehallerne i Carlsbergbyen. Den er på størrelse med en stor gymnastiksal, og de store, sorte forhæng skal sløre, at væggene er af hård og rungende beton.

Række efter række af tilskuere har fundet sig til rette på stolerækkerne, mens der kigges ned mod scenen, som er badet i skarpt lys. Snakken går blandt de jakkesætklædte mænd og kvinder, og det handler om business: »Vi har haft nok at lave« bliver besvaret med »ja, der har været fart på« fra en sæderække bagved, inden begge bliver afbrudt af velkomsttalen fra Accelerace-chefen Peter Torstensen.

Det hele foregår på engelsk, og Peter Torstensen gør sit for at piske stemningen op. En af hans pointer er, at iværksætter- og vækstmiljøet i hans optik kan sammenlignes med sportsverdenen og dens betydning for samfundet.
Han nævner effekten af, at Danmark p.t. har den succesrige tennisspiller Caroline Wozniacki. »Jo flere stjerner, desto flere vælger at spille tennis,« konkluderer han.

Talen afløses hurtigt af første præsentation.

Morten Klank fra virksomheden Rushfiles træder op på scenen og lægger ud med en beskrivelse af sin virksomhed, markedet og muligheder. Tilhørerne er tavse og lytter intenst, mens han forklarer, hvorfor der er muligheder i at udbyde skybaseret datalagring.
Tallene triller ud over scenekanten: 24 partnere er allerede i hus med 5.600 brugere.
75 procent af aktørerne er lokale, og spillere som Amazon og Dropbox er meget mindre, end man skulle tro.
Punchlinen er, at han mangler to millioner euro, hvis den internationale satsning skal op i gear.

De fem minutter er gået på ingen tid.

Morten Klank forlader scenen med et smil, og klapsalverne er knap nok forbi, før næste pitch er i gang, og Christian Lund fra virksomheden Templafy taler. Hans programmer kan supplere udbydere som Microsofts og Googles kontorpakkeprogrammer, når det kommer til standardformularer – templates.

Christian Lund tvivler ikke på sit koncept. »Vi er overbeviste om, at vi kan snuppe førerpositionen. Det er der en eller anden, der kommer til at gøre inden for dette felt.
Det kan blive os,« siger han selvsikkert.
Christian Lund er mere beskeden end den forrige taler og søger blot 500.000 euro. Pitchen er lynhurtigt forbi, og han stormer ned fra scenen, mens klapsalverne stiger i intensitet.
Templafy-chefens håb er nu det samme, som de øvrige deltageres. Det er helt konkret, at der i næste pause står interesserede investorer i nabosalen ved de høje cafeborde, som vil høre mere.
Næste pitch går i gang, og vi er igen i computerskyen. Rikke Biehl fra Delogue går på scenen og forklarer speedsnakkende, at hendes system holder styr på den skov af informationer, der har det med at suse frem og tilbage mellem modetøjsdesignere og -producenter. Svedglimt fra hendes pande afslører, at temperaturen på scenen er på vej op – og givetvis også, at deltagerne føler sig under et vist pres.

Lars Nørgaard Bjørn og Inno Power tager over med det samme, da Rikke Biehl smilende forlader scenen. Nu er vi i en helt anden boldgade. Inno Power designer »smart« vejog gadebelysning, der bl.a. kan justere lysstyrke alt efter trafikmængden. Strømkilden kan være solceller. Fremtiden bliver billigere, miljørigtig og mere sikker for trafikanterne, hvis hans system bliver udbredt, lover han fra scenen – men der mangler fire friske millioner investorkroner.

Der er ingen garantier for, at Inno Powerchefen får held med sin satsning, men et blik på Accelerace-programmets score lover dog godt. Programmet har kørt siden 2008, og lige siden har over 200 projekter været under luppen, og af dem er 93 procent fortsat i drift i dag. Alt i alt har deltagerne i Accelerace altså en særdeles god sandsynlighed for en lovende fremtid – hvad end det lykkes for dem at få den afgørende samtale med en investor på pitching-dagen eller ej.

De to sidste deltagere inden midtvejspausen i Accelerace Investor Day gør sig klar til at indtage scenen. Første mand til at blive badet i spotlightene er Thomas Sugar fra Pinstriped.
Hans computerprogram lægger en professionelt udseende brugerflade hen over ens computers skrivebord. Han eksemplificerer på storskærmen med et billede af en computerskærm, der er stopfyldt med mapper og filer, og hvor baggrundsbilledet er en storsmilende, gråskægget fyr i orange vest.præsentation med at afsløre det rod, der præger ens arbejdsstation. Thomas Sugar søger én million euro.

Sidste pitch inden pausen er Allan Sønderskov fra Freetrailer. Teknikken driller ham og arrangørerne. Mens de febrilsk forsøger at få startet hans præsentationsprogram, kan tilskuerne på storskærmen nærstudere en to gange tre meter stor visning af Freetrailerchefens Google-kalender. »God reklame for forgængerens produkt«, lyder det kækt fra rækken bagved.

Da pitchen endelig kommer i gang, forstummer de smarte kommentarer. Allan Sønderskov har allerede bevist sit værd i Norden. Han udlåner trailere for kædekoncerner som IKEA og Bauhaus til kunder med transportbehov. Omsætningen nåede knap 20 millioner kroner i 2013. Nu mangler han kapital til den helt store tyske udrulning – nærmere betegnet 5,8 millioner danske kroner. Afslutningen af Freetrailers lidt kaotiske pitch markerer, at det er tid til midvejspausen.

Scenen og spotlightene bliver afløst af småsnak og seriøse miner omkring de høje borde i nabolokalet. Flere steder har Acceleracedeltagerne allerede besøg ved deres respektive borde.

En klokke, der ringer, afbryder dog seancen få minutter senere.

Stemmerne forstummer, og deltagerne sætter kursen tilbage mod teatersalen.

Næste runde i Accelerace Investor Day er i gang.


● Begrebet »pitch« kommer fra marketingbranchen, hvor det dækker over den professionelle salgstale, man bruger til at overbevise kunderne.
● Accelerace-programmet startede i 2008. Lige siden har over 700 mindre virksomheder og startups været i kikkerten som kandidater, mens lidt over 200 endte med at blive en del af programmet.
● De deltagende virksomheder har indtil videre og samlet set tiltrukket sig 106 millioner euro i funding.
● Programmets finansiering kommer i dag både fra private aktører som fonde og fra offentlige fonde. Sidstnævnte både danske og europæiske.


Budskabet er det vigtigste


Startups. Det er ikke for sjov, at Acceleraces programforløb slutter af med en pitch. For det hele handler ikke bare om at tiltrække investeringer – det handler også om at lære sin egen virksomhed at kende.

Kerneformålet med Accelerace Investor Day, der løb af stablen onsdag, var at præsentere potentielle investorer for mindre virksomheder.
Men det er alligevel ikke alt, forklarer Acceleraces direktør Peter Torstensen.

I hans optik var dagen også kulminationen på et seksmåneders forløb, der har trimmet en håndfuld lovende startups til vækst, og som har gjort menneskene bag virksomhederne bevidste om, hvem de er, og hvad de kan. »Hvis du har styr på din forretning, så skal du simpelthen kunne præsentere det lynhurtigt. Du skal kunne fortælle, hvad er problemet, hvordan vi løser det, hvordan vi tjener penge på det, og hvordan kommer vi videre. Det handler i høj grad om at gøre sig klart, hvad ens budskab er,« siger han og tilføjer: »En god præsentation kan jo bruges over for såvel potentielle investorer som over for kunder, man er ude ved og til netværksarrangementer.

Man kan bruge det i mange sammenhænge. « Konceptet beskriver Peter Torstensen som »ærkeamerikansk«. Det er den klassiske elevatorsnak, hvor man formår at skabe interesse og udveksle visitkort på den tid, det tager at blive hejst fra første til femte sal. Accelerace-programmet var tidligere finansieret udelukkende af offentlige støttemidler.
I dag er det omtrent halvdelen, der kommer fra private aktører. De virksomheder, der kommer ind under Acceleraces vinger, kan benytte sig af 200 private rådgivningstimer, som skal være med til at gøre det klart for de typisk unge virksomhedsejere, hvad potentialet er, og hvordan de skal kæmpe for at leve op til det.

Når man kommer ind i programmet, har man allerede været igennem et nåleøje. Det er også i det lys, man skal se den høje overlevelsesrate, virksomhederne har i programmet.
Typisk er det kun omkring halvdelen af alle opstartsvirksomheder, der er operationelle efter tre år. For Accelerace-programmets vedkommende er det blot syv procent, der ikke eksisterer mere. Accelerace Investor Day er ikke kun den halvårlige eksamen for de deltagende virksomheder.

Det er også eksamen for selve programmet. »Det er klimaks på seks måneders arbejde,« siger Peter Torstensen, og giver deltagervirksomhederne efter de første seks pitches sin vurdering: »Langt de fleste gik godt. Men jeg er selvfølgelig enormt biased, på det punkt, så jeg synes da, at folk skal træne lidt mere. «

● Fortæl nok til at det skaber interesse.
● Tal i billeder som folk kan forholde sig til.
● Gør det klart hvad behovet er, og hvad investoren får ud af det.
● Præsentationen bliver for teknisk.
● Det står uklart, om man savner investering eller en partner.
● Man glemmer at træne sin pitch.


Accelerace: Vild Vækst i Øst


For et år siden kom Graduateland under Accelerace’s vinger efter et forgæves forsøg et halvt år tidligere. – Første gang mente de, vi var umodne, fortæller en af Graduatelands ejere; Jens Reimer Olesen. – Et halvt år senere ansøgte vi igen, og kom med.

BÅÅÅT! En høj lyd fra et båthorn efterfulgt af vild jubel skærer sig gennem det åbne landskab under taget på syvende sal. Vi er hos Graduateland på Amager, hvor to håndfulde unge mennesker højlydt jubler over, at endnu en kunde har signed up. Kunden er en større dansk virksomhed, der kan se en fordel i at bruge Graduatelands portal til at finde de rigtige unge mennesker til et studiejob eller et ’rigtigt’ job.

Med i andet forsøg
For et år siden kom Graduateland under Accelerace’s vinger efter et forgæves forsøg et halvt år tidligere. – Første gang mente de, vi var umodne, fortæller en af Graduatelands ejere; Jens Reimer Olesen. – Et halvt år senere ansøgte vi igen, og kom med. På det tidspunkt var vi egentlig langt allerede. Vi var 15 og havde en millionomsætning plus et par tusind kunder. Vi havde faktisk ramt markedet, spørgsmålet for os var snarere, hvordan vi kunne få endnu flere kunder.
– Det koster, og det forpligter at være med i træningsforløbet, slår Jens Reimer Olesen fast. – Vi tog det virkelig seriøst. Det skal man. Jo mere man lægger i det, jo mere får man ud af det. Vi var tre, der var gennem de forskellige workshops med bl.a. salgspitch, go-to-market- og finansieringsstrategier og internationalisering, som er særligt vigtigt for os. Vi ville og vil stadig være store uden for Danmark – og Skandinavien. Vores dagsorden var blandt andet, hvordan vi kan lande på det tyske marked. Og her blev vi klædt virkelig godt på gennem laboratorieøvelser over flere timer, hvor vi fik insiderviden fra en repræsentant fra et tysk universitet og en iværksætter, der var nået rigtig langt i Tyskland. Et er vores egne forestillinger og den strategi, vi kan lægge ud fra den, noget helt andet er praksis i de enkelte lande.

Et forløb hos Accelerace slutter med en investordag, hvor iværksætterne præsenterer deres forretningsidé og potentiale. Her deltager mulige investorer, der kan være et potentielt match for de nye spirer. Kort tid efter fik Graduateland tilbud fra et par danske fonde, som de dog valgte at takke nej til, selv om tilbuddene selvfølgelig var smigrende, forklarer Jens Reimer Olesen. – Der er mange faktorer og juridiske spørgsmål at tage stilling til, og vi havde også forskellige opfattelser af, hvad vi var værd på det tidspunkt. Da vi et halvt års tid senere havde brug for vækstkapital, gik vi tilbage til Accelerace, for at høre, om de ville være med. En aftale kom på plads, de skød tre millioner ind, fordi de tror på, at vi kan leve op til de milepæle, de sætter op. Lige nu er det målet, at vi i løbet af det her halvår skal vækste med 100 procent. Og vi er allerede i hus. Det betyder dog ikke, at linjen til Accelerace er kold. Tværtimod. Et par gange om ugen er der forbindelse mellem Jens og konsulenten Jesper, der stædigt skubber på med krævende spørgsmål; hvor er I om tre år, om fem år – og hvor er det, I vil hen? Jens Reimer Olesen og kollegerne hele bordet rundt er udmærket klar over, at det er den slags puf, der hjælper med at holde liv i båthornet.