TheFactory

www.thefactory.no

TheFactory invests in and accelerates early-stage startups across fintech, proptech, greentech, retail, sportstech, and impact sectors in the Nordic region. They combine accelerator programs with direct venture investments, with particular specialization in Defence & Security Technology through their DefSec Accelerator.

Check Size

Not specified

Stages

Pre Seed, Seed, Series A

Focus Areas

Fintech, Proptech, Enterprise Saas

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Investment Thesis

TheFactory operates with a ‘Founders First’ philosophy, believing in collaboration and innovation through partnerships between entrepreneurs, mentors, investors, and industry partners. They emphasize long-term founder success rather than just providing short-term resources, viewing themselves as ‘a family of startups and scaleups, partners, mentors and investors from across the Nordics’ rather than just a transactional accelerator.

What Sets Them Apart

Unique combination of accelerator programs AND venture investment funds (80+ portfolio companies)
Operates Norway's largest early stage accelerator program (GründerAcademy with 70-80 startups per batch)
Long-term support model: 'Most accelerators...post-graduation companies are on their own, and this is where TheFactory stands out. TheFactory keeps introducing us to prospective investors, customers, get us on stage at events, and genuinely care about how we're doing – long after program completion'
Network-based acceleration approach connecting founders with industry partners, creating dual-use value
Sector-specific programs (Sportstech Academy, DefSec Accelerator) with specialized expertise
Awarded Best Accelerator Program in the Nordics by Global Startup Awards
Multi-city geographic reach (Oslo, Bergen, Stavanger, Kristiansand)