{"id":2551,"date":"2021-06-04T07:41:00","date_gmt":"2021-06-04T07:41:00","guid":{"rendered":"https:\/\/www.norban.no\/focus-on-arctic-startups\/"},"modified":"2026-08-28T23:44:27","modified_gmt":"2026-08-28T21:44:27","slug":"focus-on-arctic-startups","status":"publish","type":"post","link":"https:\/\/www.norban.no\/no\/focus-on-arctic-startups\/","title":{"rendered":"Focus on Arctic startups"},"content":{"rendered":"<p style=\"margin-top:-5px;color:#939393\">Written by Cassandra Myhre .-<\/p>\n<h3 style=\"color:#B09D0D\">BAN Arctic<\/h3>\n<p>For the past two months, <strong>Business Angels Norway (BAN)<\/strong> together with <strong>KUPA<\/strong>, <strong>SpareBank 1 NordNorge<\/strong>, <strong>Siva Partner<\/strong> and <strong>Innovation Norway<\/strong> collaborated on a project to promote the North Norwegian startup ecosystem.<\/p>\n<h4 style=\"color:#B09D0D\">About the program<\/h4>\n<p>There were <strong>over 60 investors<\/strong> who attended the \ufb01rst session, where the opening night was lead by our lead angels \u00c5smund Johan Mandal and J\u00f8rn Lein-Mathisen. They spoke about their journey as angel investors and the basics of startup screening. <\/p>\n<p>During the second session, <strong>11 startups<\/strong> from this year\u2019s Arctic Accelerator pitched their idea to all the participating investors in BAN Arctic. The investors, together with our lead angel, evaluated the startups during the third session and chose their favourite 5. <\/p>\n<p>The fourth session was a collaboration between our legal partners <strong>Advokat\ufb01rmaet Tveter og Kl\u00f8vfjell<\/strong> and a professional business developer, <strong>Dima Prisikar<\/strong>. They spoke about due diligence and valuation respectively, which gave the investors a more in-depth understanding of how to evaluate a startup. The participants where thereafter divided into \ufb01ve groups where they each were assigned a startup, which they had to evaluate for the last \ufb01fth session before demo day. <\/p>\n<p>During the \ufb01fth session, the groups presented their \ufb01ndings, where they chose top 3 startups. These were <strong>Lifeness, Gobmi\/Ghost and Safeplan<\/strong>.<\/p>\n<h4 style=\"color:#B09D0D\">Top 3 startups<\/h4>\n<p>The top 3 startups is a great example of how diversi\ufb01cation is an important aspect for investors. <strong>Lifeness<\/strong> is a cloud-based medical platform that makes it easier to give people with obesity and lifestyle diseases closer follow-up. <strong>Gobmi\/Ghost<\/strong> is a Sami-inspired clothing brand where the desolate plateau in the north and the urban city life in the south meet while <strong>Safeplan<\/strong> distributes critical information about the scene of the accident to the emergency services before they arrive at the scene of the accident. The three startups work in very different \ufb01elds, yet they were all evaluated to be equally good. Part of an investor\u2019s success will depend on portfolio diversi\ufb01cation.<\/p>\n<h4 style=\"color:#B09D0D\">Winners of Arctic Accelerator 2021<\/h4>\n<p><strong>Arctic Accelerator<\/strong> is a North-Norwegian accelerator program, initiated by KUPA and \ufb01nanced by Lundin Foundation, Innovation Norway, Samfunnsl\u00f8ftet of Sparebank 1 Nord-Norge and SIVA. The program is particularly focused on scalable startups and business ideas in the north Norwegian region. <\/p>\n<p>The Arctic Accelerator 2021 together with BAN Norway, had a demo day on <strong>3rd of June, 2021<\/strong>, where all the startups had one more chance to showcase their ideas. A jury compiled of specialists and the participating investors once again voted for their favourites. Most of the investors participated in all of the BAN Arctic courses, and therefore had enough knowledge on startup valuation and due diligence. <\/p>\n<p>The <strong>top 3 winners of Arctic accelerator 2021<\/strong> were no 1. <strong>Lifeness<\/strong> with the reason being that it was compiled of a very competent team with an evidence based solution oriented towards a global market. The 2nd place went to <strong>Unifractal<\/strong>, an AR-powered micro-training platform, o\ufb00ering users in complex technical environments support and quick answers to key questions and issues, and the 3rd one went to <strong>Akti Opplevelser<\/strong> which is a platform where companies that o\ufb00er tourist attractions in North of Norway give last minute tickets for a cheaper price to the local community. These companies will received <strong>125,000NOK, 75,000NOK and 50,000NOK<\/strong> respectively. <\/p>\n<p>If your startup is located in north of Norway and is interested in participating in next year\u2019s <strong>Arctic Accelerator<\/strong>, you can \ufb01nd more information here: <a href=\"https:\/\/www.arcticaccelerator.no\" target=\"_blank\" rel=\"noopener\" style=\"text-decoration:underline !important;color:#B09D0D\">https:\/\/www.arcticaccelerator.no <\/a><\/p>\n<p>Follow us for new updates of other angel investment courses! If you are interested in startup investments, <a href=\"mailto:info@businessangel.no\" style=\"text-decoration:underline !important;color:#B09D0D\">contact Business Angels Norway for more information<\/a>. <\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/08\/logosArctic.gif\" style=\"margin-top:20px;margin-bottom:40px\"><\/p>\n<p><a href=\"\/no\/news\/\" style=\"background-color:blue;padding:10px;margin-top:40px;border-radius:20px;color:#fff;\">< BACK TO NEWS<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Written by Cassandra Myhre .- BAN Arctic For the past two months, Business Angels Norway (BAN) together with KUPA, SpareBank 1 NordNorge, Siva Partner and Innovation Norway collaborated on a [&hellip;]<\/p>\n","protected":false},"author":71,"featured_media":2614,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_tec_requires_first_save":true,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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