NORDIC
URBANTECHSHOWCASING

25

NORDICSTARTUPS

1

Nordic Urbantech is certainly relevant to global stakeholders.
The Nordic cities are consistently ranked as the most liveable in
the world, and remain a hotbed for urban innovation. Stockholm
won the World Smart City Award in 2019, Helsinki ranked secondin the Global Smart City index 2020, and Copenhagen aims tobe the world’s first carbon-neutral capital city by 2025.
In this report we shed light on the reasons for this Nordic
success, and present the most important hubs across theNordic countries.
We hope this report will spur innovation, partnerships, and

PREFACE

cooperation between Nordic startups and global corporations
to shape the future of cities. The 25 companies showcased arehighlighting their solutions and ambitions for Asia, and Japan
more specifically.
This publication was produced by Innovation Lab Asia, in close
collaboration with BLOXHUB and the Urbantech Accelerator.

This report introduces 25 Nordic Urbantech startups to a global
audience. The aim of this report is to inspire potential investors,
partners and clients to explore new opportunities within Nordic
Smart City solutions to the mutual benefit of all parties involved.

Innovation Lab Asia is a collaboration between Asia House
Denmark, TechBBQ, Copenhagen Capacity, and other Nordic
community partners, and is supported by the Danish Industry
Foundation.

For further information and guidance, contact:
ASIA HOUSE

COPENHAGEN CAPACITYPeter Johansen, pj@asia-house.dk

Greater Copenhagen’s Official Inward Investment Agency

Kenken Aoshima, ka@asia-house.dk (Japanese speaker)

Oliver Hall, ohall@copcap.com (Japanese speaker)

TECHBBQ
Julian Nielsen, jni@techbbq.org (Japanese speaker)

23

INDEX
07
11
12
15
16
19
20

Introducing Nordic Urbantech
Aguardio
Airplant
BMS & Greentech Solutions
Catenda
CHAOS
Cogo

35
36
39
40
43
44
47

MONTEM
Nextfood
Pluto Technologies
ProcuraPurCity
SensadeSensible 4

23
24
27
28
31
32

GreenMobility
HococoInfoTiles
Leapcraft
Linc
LYS Technologies

48
51
52
55
56
59
62

Solarstone
Solartes
Supervaisor
Ubiqisense
VisiLean
ZOAN
Nordic Urbantech & Smart City Hubs

Photo credits: Terry Mclaughlin, Copenhagen Media Center
45

INTRODUCINGNORDICURBANTECH
In early 2021, the Toyota Motor Corporation performed the Jichinsai
ceremony for the initiation of Woven City, the most advanced greenfield
Smart City to be built in Japan. Jichinsai is an ancient Shinto
ceremony and a cornerstone of any construction project in Japan.

Woven City will be situated at the base of Mount Fuji and serve

With their relatively mild climates and small populations, long-as home for 2,000 Toyota employees. It will also be a state-term, comprehensive urban solutions are simpler to designof-the-art Living Lab for urban technologies like AI, humanand implement in the Nordics. Nevertheless, some lessons may

mobility, materials science, sustainable energy, robotics andbe derived from the Nordic experience, especially in terms of

IoT sensors. Incidentally, the city will be designed by Danish

organization, collaboration and inclusiveness.

architect Bjarke Ingels, thus combining Nordic design withJapanese corporate sensibility.

Horizontal planning: A prerequisite for holistic planning is theability to work and collaborate across multiple organizations, be

The Woven City reflects many of the basic tenets of a Smartit public bodies, private companies, civil society or universities.

City: It seeks to leverage on digital solutions to promote

This paves the way for a stronger collective understanding ofsustainability and livability in urban environments, and it aims

the issues at hand and enables the development of common

to solve several problems with one solution, be it within waste,technical and operational standards. The Nordics has a longwater, energy, mobility or climate adaptation.

history of inclusiveness and community-oriented designthat has evolved into triple helix models of innovation that

Even before the term Smart City became a global badge of

involve numerous stakeholders and strong cross-institutional

honor, Nordic cities excelled in holistic, human centered urban

collaboration.

solutions - perhaps the reason why they continuously rank highon numerous global liveability indexes. New digital solutions forurban living are just raising the bar.
Photo credits: Daniel Rasmussen, Copenhagen Media Center
6

7

Public-private partnerships: With city municipalities being
the key driver for city planning, and private companies themain providers of urban solutions, public-private partnerships
foster strong innovation ecosystems. These partnerships are
beneficial for all parties involved: The industry enjoys stable
regulatory frameworks, shared innovation costs, valuable
insights into public demands and lucrative home market
opportunities. The public institutions obtain knowledge ofinnovative solutions, which can be integrated into the politicalvisions, and access to private investments to implement
grander schemes. And citizens enjoy the implementation ofprojects addressing societal needs and the green transition.
Transparency and open data: Developing new digital solutions
requires access to data, and the Nordics have a long traditionof transparency, data collection and digital governance. With
access to these diverse datasets, developers, entrepreneurs,
institutions and citizens may gain insights about their cities
and transform these data into new applications and services.
Already a string of Nordic Urbantech companies have attracted
interest from Japanese investors, especially within mobility:
Sensible 4, Einride, Voi, Cleveron, Bolt, and MaaS Global.
Over the following pages you will be introduced to 25 Nordic
Urbantech startups specially curated for an Asian audience.

DEFINING

URBANTECH

All the startups showcased in this report are
defined as Urbantech, and provide digitalsolutions that cater to construction, urban
infrastructure, indoor environment, transport
mobility, and other aspects of city life. Many of
the solutions are SaaS-based or combine IoT
devices with software powered by AI and Big
Data. Most of the solutions seek to make cities
more sustainable, and thus could also qualify
within Cleantech, Foodtech, or other verticals.
However, they all share a common focus on theurban environment, hence their categorization
as Urbantech startups.

Photo credits: Büro Jantzen, Copenhagen Media Center
89PROVIDING SENSORS THAT HELP PEOPLE
LEAD A SUSTAINABLE LIFESTYLE BY
REDUCING WATER CONSUMPTIONAGUARDIO
According to the Bureau of Waterworksat the Tokyo Metropolitan

Ambitions in Japan:

Government, bathing and toilets account for more than 60%
of daily water consumption in Japanese homes, presenting

Aguardio wants to address the long history of water scarcity

a huge potential for saving water and energy. Aguardio has

challenges in Japan, and are looking for distribution partners,

developed two digital solutions that actively reduce water

clients, and funding opportunities.

consumption for private households, hotels, and companies.
Company introduction video
The first product is a sensor for showers that can measure
shower usage without needing to be part of the plumbing.
With the help of data, symbols and nudging, it also facilitateschanges in shower behaviour. The data is transferred to a
cloud-based dashboard that provides an analysis of shower
				COMPANYwater consumption from showers after installing the Aguardio

DATA

Country:
Year of establishment:
Founders:
Revenue 2019 (EUR):
No. of employees:
Funding types:
Funding stage:
Accumulated investment:
Investors:
10

behavior and indoor climate. Studies show a 30% reduction ofPrimary contact:device. The second product is a leak sensor that attaches toDenmark
2017
Thomas Munch-Laursen,
Niels-Arne Mikkelsen
10,000 - 99,999
1-9
Bootstrapping / Grants / AngelSeed
EUR 700k - 1 million
Innovationsfonden

the toilet’s water inlet. Leaky valves are common, but difficult

Thomas Munch-Larsen, CEO

to detect. This device works both as a stand-alone sensor or

tml@aguardio.com

in a network to notify homeowners or facility managers of any

www.aguardio.com

leaks.
Neither product requires plumbing to install, making themsuitable for use in any new or existing buildings, and enablingthem to meet a wide range of demands from single family
homes to large establishments.
11

MERGING TECHNOLOGY AND
HOUSEPLANTS TO PROVIDEEXCELLENT INDOOR AIR QUALITYAIRPLANT
According to WHO, one-third of adult life is spent at work.

Ambitions in Japan:

Predictably, indoor air quality has a huge impact on employees’
well-being and productivity. Two pertinent problems in indoor

Airplant is looking for partners with a wide knowledge of

air quality are Volatile Organic Compounds (VOCs), chemicals

Japanese and Asian markets and culture, as well as distribution

released by building materials and consumer products found in

partners and funding opportunities.

buildings, and dry air. In high concentrations, VOCs may cause
symptoms such as coughing, nausea, fatigue, allergies andPrimary contact:

headaches. Dry air can cause similar symptoms, and increases
the chances of viral transmission.

Camilla Bandholm, CEO
cb@airplant.dk

Airplant has developed a plant-based air purifier that effectively
captures VOCs and regulates indoor humidity. Plants suchas areca palm, bamboo palm and rubber plant are known
to absorb harmful VOCs and are excellent humidifiers. The
Airplant system combines technology that enhances thesenatural effects to improve indoor air quality in homes andoffices. Independent testing showed that the Airplant system
performs better than comparable air purifiers on the market
and removes VOC such as formaldehyde up to 90%.
Recently, there has been a growing concern about “sickbuilding syndrome”, attributable to formaldehyde. Airplant’s
patent pending solution may significantly improve the indoor
environment.
12

airplant.io				COMPANYDATACountry:
Year of establishment:
Founders:
Revenue 2019 (EUR):
No. of employees:
Funding types:
Funding stage:
Accumulated investment:
Investors:

Denmark
2016
Camilla Bandholm, Jakob Stoltze
0 (pre-revenue)
1-9
Bootstrapping / Grants
Pre-seed
EUR 280k
Innovation Fund Denmark,Realdania
13

PROVIDING SMART BUILDING AND
FACILITY MANAGEMENT SYSTEMSAND SERVICES

BMS & GREENTECH SOLUTIONSBuildings require teams of engineers working on-site, making

Ambitions in Japan:

routine checks on services such as heating, air conditioning
and power systems to ensure proper operation. However, there

BMS & GreenTech Solutions has worked with Japaneseis a huge digitalisation potential for streamlining processes andcustomers since 2012. Their Larmia Building Management

cost and resource savings.

System is being installed in the Embassy of Sweden Building inTokyo, and in combination with their system, BMS & Greentech

BMS & GreenTech Solutions provides smart Building

Solutions provides the Embassy with total facility management

Management Systems and Facility Management solutions that

services. They are now actively looking for new distribution

makes it possible to control and automate building systems

and integration partners and clients in need of total facility

from a computer, significantly increasing management

management services.

capacities. The software optimises the performance of every
mechanical and electrical component, resulting in a reduction

Primary contact:in energy consumption of 20%.
Daiki Yokoyama, Japan Country Manager

				COMPANYDATACountry:
Year of establishment:
Founders:
Revenue 2019 (EUR):
No. of employees:
Funding types:
Funding stage:
Accumulated investment:
14

The solution can be installed in any new or existing buildings

daiki.yokoyama@bmsgreentech.com

at only a third the cost of similar products on the market. The

bmsgreentech.com

system is already in use in many buildings in Sweden including
Sweden2012
Bjorn Holmberg
0 (pre-revenue)
1-9
Friends & familyPre-seed
EUR 50k

the Royal Palace in Stockholm, as well as buildings in Brussels,
Beijing, Tehran, London, Paris, and Tokyo.

15

STREAMLINING STAKEHOLDERCOLLABORATION FOR CONSTRUCTION
AND INFRASTRUCTURE PROJECTSCATENDA
Building Information Modelling (BIM) has greatly enhanced

Ambitions in Japan:

the efficiency of engineering and construction projects byincreasing productivity, reducing rework, and avoiding errors.

One of the founders of Catenda has lived in Japan and feels a

However, many teams lack the tools to collaborate effectively,

special connection to the country. They already have a global

leading to frustrating and expensive delays.

network of distribution partners in Europe, US, South America
and Japan, and are seeking to establish a long term and secure

Catenda offers smart collaboration solutions for BIM projects.

presence in the Japanese market. Catenda is looking for

Bimsync is a cloud-based, open BIM platform that streamlines

distribution partners, clients, funding, and new talents.

a range of coordination workflow elements, including:task management, file and version management, teamPrimary contact:communication, progress tracking, and contractor and client
communications. Teams can save up to 50 hours per weekHåvard Brekke Bell, Founder

thanks to more efficient workflow, and cut down on emails

havard.bell@catenda.noby up to 80%. Bimsync enables teams to catch design issues

catenda.com

early and make smarter decisions, thereby saving construction
costs and project cycle time.
Bimsync is now available in 18 languages, with clients at
leading construction companies around the world, including

				

COMPANYDATACountry:
Year of establishment:
Founders:

Kajima Corporation.
Revenue 2019 (EUR):
No. of employees:
Funding types:
Funding stage:
16

Norway2009Håvard Brekke Bell, Ole Jørgen Karud,
Dag Fjeld Edvardsen, Jan Erik Askjellrud,
Lars Bjørkhaug
1,000,000 +20-49
VC
Series A
17

USING AI TO FORECAST URBAN
DEVELOPMENT AND
REAL ESTATE OPPORTUNITIESCHAOSCity planners, developers, and real estate firms are looking

Ambitions in Japan:

to use Big Data to better understand urban trends and adopt
data-driven decision making, but there are few tools that can

CHAOS regards Japan as a perfect base for scaling into Eastharness this data to generate quick and actionable insights.

Asia, and are seeking smart city partnerships, distribution
partners, clients, and funding to help them implement their

CHAOS offers a SaaS-based urban data analytics platform thattechnology and AI forecasts into Japanese city planning.

aggregates data from multiple sources into a single dashboard,
enabling stakeholders to analyse the city’s demographics andCompany introduction video

real estate market in fine detail while saving time and resources.
The AI algorithm accurately forecasts future trends on bothcity and neighborhood levels, identifying opportunities based
				COMPANYand datasets. This allows decision makers to start addressing

DATA

Country:
Year of establishment:
Founders:
Revenue 2019 (EUR):
No. of employees:
Funding types:
Funding stage:
Accumulated investment:
Investors:18

on recent and relevant data, rather than outdated metrics
future needs and make sustainable choices now.
Finland2017
Natalia Rincón, Paloma Bautista,
Torsti Tenhunen
10,000 - 99,999
10-19
Grants / AngelSeed
EUR 2.5 million
JLL, CBRE, NREP, Ramboll, NEWSEC,
Taaleri, Sagax, Nidoco

Moreover, CHAOS utilises crowdsourcing to increase citizen

Primary contact:

engagement with urban planning. This promotes a more
people-centric approach and supports efforts to make cities

Natalia Rincón, CEO & Co-Foundermore liveable.

natalia.rincon@chaosarchitects.com
chaosarchitects.com

19

GATHERING ALL SHARED MOBILITYSERVICES INTO ONE SINGLE APP

COGO
In just a few years, shared mobility has grown rapidly in

Ambitions in Japan:

popularity, from electric scooters and bicycles to cars andmopeds. Many believe this will help cities reduce both carbon

The company has been observing Japanese investments inemissions and traffic congestion. However, the rapid growth

the Nordic shared mobility industry and is looking for mobility

has also led to a high concentration of operators in cities,

partners, clients, funding, and new ideas.

resulting in a fragmented market that often forces users
to check several apps before they can find a nearby ride.

Company introduction video

This complex market situation slows down the adoption ofotherwise-promising shared mobility solutions.
Cogo is an app that gathers all shared scooters, bikes, cars and				mopeds as long as they are human or electric powered. Cogo

COMPANYaggregates over 190 different operators in 500 cities worldwide

DATA

today, with the goal of making it so easy and seamless to movearound that shared mobility can compete with private car

Primary contact:

ownership— both on convenience and price.
Robin Eriksson, Co-Founder & CEO

In April 2021, Japanese authorities partially eased regulations

robin@cogoapp.io

on E-scooters, and so the shared mobility market in Japanwww.cogoapp.io

is expected to expand rapidly in the near future, presenting
a huge opportunity for Cogo to unleash the full potential ofshared mobility.

20

Country:
Year of establishment:
Founders:
Revenue 2019 (EUR):
No. of employees:
Funding types:
Funding stage:
Accumulated investment:
Investors:

Denmark
2020
Robin Eriksson, Bibi Blomqvist,
Martin Røssell
0 (pre-revenue)
1-9
Grants / Angel / VC
Pre-seed
EUR 1 million
PreSeed Ventures,
Innofounder Experienced,
Business Angels
21

PROVIDING AN ALL-ELECTRICCARSHARING PLATFORM THAT SECURESA BETTER URBAN ENVIRONMENTGREENMOBILITY
According to McKinsey, the shared mobility market now exceeds

Ambitions in Japan:

USD 60 billion in value across the three largest markets: China,
Europe and the United States. The recent trend of carsharing

GreenMobility is continuously exploring business opportunities

has shifted consumer preferences away from car ownership,in Asia, including partnerships with car manufacturers,

especially in dense urban environments.

distribution partnerships and new funding.

GreenMobility is an on-demand carsharing platform thatPrimary contact:provides easy and affordable access to EVs for private

				

COMPANYcustomers and businesses. It provides a convenient user

Anders Wall, COO & Deputy CEO, Head of IR & ESG

experience where users can find, reserve and unlock free-

aw@greenmobility.com

floating EVs via an app, and choose a rate or subscription

www.greenmobility.com

that fits their needs. Vehicles can be parked on-street orat designated parking spaces located across the city, andDATA

the company ensures charging, maintenance and optimal
placements. This solution ultimately reduces air pollution andCountry:
Year of establishment:
Founder:
Revenue 2019 (EUR):
No. of employees:
Funding type:
Funding stage:
Accumulated investment:
Investors:
22

Denmark
2016
Henrik Isaksen
500,000 +100+
Private, professional,
and institutional investors
Post-IPO
EUR 27.6 million
HICO Group, Arbejdernes Landsbank,
Kapitalforeningen MP Invest

contributes to improved livability in cities.
GreenMobility has incorporated an ESG strategy since its
foundation and is currently one of the leading EV carsharing
providers in Europe, operating 950 EVs across 8 cities in
4 European countries with more than 130,000 registeredcustomers. They are the first EV carsharing provider to reach
operational profitability in Denmark and are listed on the
Nasdaq Main Market in Copenhagen.
23

PROVIDING AN ALL-IN-ONE
COMMUNICATION PLATFORM THATCONNECTS TENANTS AND LANDLORDSHOCOCO
Usually, communication between landlords and tenants

Ambitions in Japan:

happens via emails, phone calls and text messages, but
this is inefficient and often leads to misunderstandings andHococo is looking for new clients and funding.

frustrating delays.
Company introduction video
Hococo provides a SaaS-based solution that gathers all
communication and administrative processes onto a single
digital platform, for the benefit of both tenants and landlords.
The app-based solution provides assistance and a single pointof contact for the tenants around the clock. The platform allows
tenants to view lease documents, create repair requests, see				facts about the property, and send instant messages to thelandlord. For property managers and landlords, the digitalPrimary contact:

solution automatically streamlines operations, which helps
them improve customer service, leading to better tenant

William Shaw, CEOexperience and retention.

william@hococo.io
hococo.io

The company creates trust and transparency around leases and

COMPANYDATACountry:
Year of establishment:
Founder:property operations. Their latest initiative is a customer loyalty
program for renters that is similar to airline miles programs.

24

No. of employees:
Funding type:
Funding stage:
Accumulated investment:
Investors:

Denmark
2018
William Shaw, Katrine Anna Larsen,Peter Bøgh Andreasen,
Caspar Mølholt Kjellberg
1-9
Angel
Seed
EUR 550k
DanBan, FTMO (Malmø),The Danish Growth Fund
25

MAKING SENSE OF DATA SO TEAMS CANACT FASTER AND DO MORE FOR THEIRCITIZENS AND THE ENVIRONMENTINFOTILES
Connected cities are generating increasing amounts of data

Ambitions in Japan:

from many sources and in many formats. Smart cities rely on
InfoTiles to achieve a faster time to value and make sense of the

InfoTiles has partnered with Crayon, Sopra Steria, and Microsoft

big data sets they generate across water & sewage, recycling,

and is ready to operate in all markets. InfoTiles believes that

traffic and other utilities. InfoTiles enables teams to act faster

entering the Japanese market will provide additional insights

and make better decisions, improving the return on investment

and provide new growth opportunities. They are currently

for connected cities.

searching for distribution partners, clients, funding, and new
ideas.

InfoTiles offers a SaaS-based platform for aggregating,analysing,				

COMPANY

Revenue 2019 (EUR):
No. of employees:
Funding types:
Funding stage:
Accumulated investment:
Investors:
26

visualising

data

in

real-time,

therebyCompany introduction video

Water, and Industry 4.0. The platform rapidly combines datafrom IoT sensors, existing systems, SCADA, and open sources.

DATA

Country:
Year of establishment:
Founders:

andaccelerating digital transformation for Smart Cities, Digital

InfoTiles users make better decisions after extracting valuable
Norway2016
Pedja Bihor, Magne Eide,
Johnny Alexander Gunneng,
Marco Westergren
100,000 - 499,999
1-9
Bootstrapping / Grants / VC
Seed
EUR 2.8 million
Proventure, Lyse

information using intuitive analytics tools.
InfoTiles has collaborated with Microsoft and been featured as
the only Norwegian Startup in the celebrated #BuildFor2030

Primary contact:

campaign, supporting the United Nations’ Sustainable
Development Goals.

Johnny Alexander Gunneng, CEO
johnny.gunneng@infotiles.nowww.infotiles.no27

PROVIDING HEALTHY BUILDINGSSOLUTIONS BASED ON SENSORS AND AI

LEAPCRAFT
Air pollution and noise is a major issue in most modern cities.

Ambitions in Japan:

Pollution reduces quality of life, causes or exacerbates illness,and lowers productivity. In Tokyo alone, Greenpeace estimatedAsia, especially Japan, represents an important market forthat air pollution caused 40,000 premature deaths in 2020,

Leapcraft with a focus on health and well being, as well as

and USD $43 billion in economic losses.

high quality building stock. Leapcraft is looking for distribution
partners, clients, and co-investors.

Leapcraft provides environmental monitoring and IoT solutions
for cities, buildings and transport systems that enable

Company introduction video

measurement, monitoring and benchmarking of air quality,
thermal comfort and noise. The Leapcraft sensors capture datafrom 15+ parameters and transfers the real-time information
into an AI-powered software system, helping authorities andindividuals make data-driven decisions.

				

The system can be used for optimizing air quality, thermal
comfort, and acoustics in buildings. It can also forecast thePrimary contact:risk of spreading airborne diseases, mould and contaminants

28

in workspaces. The system also utilises occupancy data to

Vinay Venkatraman, CEO

optimise floor space by integrating analytics on utilisation,

vv@leapcraft.dk

capacity and trend forecasting.

www.leapcraft.dk

COMPANYDATACountry:
Year of establishment:
Founders:
Revenue 2019 (EUR):
No. of employees:
Funding type:
Funding stage:
Accumulated investment:
Investors:

Denmark
2013
Vinay Venkatraman
500,000 +1-9
Bootstrapping / VC
Series A
EUR 2 million
Lindab Group
29

DIGITIZING BUILDINGS AND GRIDNETWORKS USING SPECTRAL ANALYTICS
AND POWER-LINE COMMUNICATIONS

LINC
There is a huge potential for energy savings in buildings, but

Ambitions in Japan:

also a lack of data available to identify energy inefficiencies,
pin-point maintenance problems, and maximise utilisation of

Linc already has operations in France, Spain, Italy, India,

renewable energy.

Australia, Switzerland and Canada, working in partnership withmajor energy utilities, facility management companies, andLinc provides an integrated hardware and software solutionenergy service consultancies. They consider Japan an idealthat enables real-time energy management in any building,base for their regional operations and hardware manufacture,providing actionable insights and granular analytics that helps

and are looking for distribution partners, clients, R&D, and new

reduce energy consumption and carbon emissions by up to

ideas.

30%.
Primary contact:
Linc’s IoT device installs in the main electrical panel of any

				

COMPANYDATACountry:
Year of establishment:
Founders:
Revenue 2019 (EUR):
No. of employees:
Funding type:
Funding stage:
Accumulated investment:
Investors:

30

Denmark2017
Pranay Krishen
10,000 - 99,999
1-9
Bootstrapping / Grants
Seed
EUR 1.7 million
Danish Marked Development Fund,
Innofonden, Horizon Europe Programme

residential, commercial or industrial building and captures thePranay Krishen, CEOelectrical signals of each individual appliance, process, andpranay@linc.world

occupant. This enables monitoring of electricity use at a highly

www.linc.world

detailed level, assisting people and businesses to have moresustainable lives and operations.
The Linc device is the only electrical waveform analyser of
its kind, and costs at least 92 times less than the closest
alternative. Additionally, the software solution features
diagnosis of inefficiencies in buildings, controls for automation,and maximising utilisation of clean energy sources.

31

ALLEVIATING THE IMPACT OF
ARTIFICIAL LIGHT ON HUMAN HEALTH
AND WELL-BEING

LYS TECHNOLOGIESIn modern societies, an average person spends approximately

Ambitions in Japan:

90% of their time indoors under artificial lighting. As a result,
our natural sleep-wake cycles (called circadian rhythms) are

LYS Technologies is currently operating in the European

disturbed, causing a range of problems, including sleep issues,and the UK markets. They are seeking to expand outside of

reduced energy, and lower quality of life.

Europe with a goal of establishing partnerships with large
multinational corporations in 2021. LYS Technologies is looking

LYS Technologies has developed a digital and scalable solution

for distribution partners, clients, and partnerships.

for individuals and enterprises that enhances well-being byrestoring correct circadian rhythms. The solution consists

Company introduction videoof a wearable light sensor that tracks the user’s light levels
throughout the day, a dashboard where the data can be viewed				

in real time, along with personalised guidance and wellbeing
programs to enhance well-being and change behavior.

COMPANY

Moreover, the company has developed a human-centric andpersonalized lighting integration that synchronises smart
lights with the user’s circadian rhythm, thereby alleviating thenegative effect of artificial light in homes and offices.

Primary contact:

According to the Global Sleep Survey 2021 published by Philips,

Christina Friis Blach Petersen, CEO & Co-FounderJapan had the lowest level of sleep satisfaction among 13

christina@lystechnologies.io

advanced economies worldwide. LYS Technologies’ solution

lystechnologies.io

may help the Japanese population find a better night’s sleep.
Moreover, good light improves productivity during the day andthis way contributes to better occupational outcomes.
32

DATA

Country:
Year of establishment:
Founders:
Revenue 2019 (EUR):
No. of employees:
Funding types:
Funding stage:
Accumulated investment:
Investors:

Denmark
2016
Christina Friis Blach Petersen,
Hugo Starrsjo
100,000 - 499,999
1-9
Bootstrapping / Grants / AngelSeed
EUR 700k
88 Capital Partners,
Jason Kingdon, Innobooster
33

PROVIDING AIR QUALITY MONITORING
SOLUTIONS FOR URBAN ENVIRONMENTSMONTEM
According to the World Bank, air pollution was responsible for

Ambitions in Japan:

an economic loss of USD 225 billion in 2013; however,manycities still lack air pollution data on street levels that can aid

Currently, the MONTEM sensors are operating in Denmark,authorities in tackling this public health issue.

Australia and Germany. They now want to address air pollution
problems in Japanese cities, and are looking for distribution

MONTEM provides an environmental sensor network solution forpartners, funding, R&D opportunities and new ideas.

urban environments. The sensors measure particle pollutants,
as well as environmental attributes such as temperature andPrimary contact:

humidity. The wireless sensor aggregates the data into a virtual				

COMPANYmap of the city, indicating areas with high pollution in realtime.

Ganesh Ram, Chairman

The company also provides an API that enables access to theg.ram@montem.io

data and integration of other IoT services.

www.montem.io

DATA
The MONTEM sensor has a beautiful minimalistic design andCountry:
Year of establishment:
Founders:
Revenue 2019 (EUR):
No. of employees:
Funding types:
Funding stage:
Accumulated investment:
Investors:

34

Denmark
2016
Christian Østergaard Laursen,
Anders Høedholt
100,000 - 499,999
1-9
Bootstrapping, Grants
Seed
EUR 550k
The Danish Environmental Protection
Agency (MUDP), European Space Agency BIC,
Innovation Fund Denmarkis entirely powered by the integrated solar panel. The solution
facilitates urban planners’ access to pollution data andcontributes to improved liveability and movement towards
sustainable urbanization.

35

VERTICAL FARMING SOLUTIONS FORFLAVORFUL AND EFFICIENT LOCAL
FOOD PRODUCTION IN CITIESNEXTFOOD
According to the United Nations, the world population is

Ambitions in Japan:

expected to reach 9.7 billion by 2050, of which 68% will livein urban areas. Undoubtedly, this massive urbanization on a

Japan is at the forefront of vertical farming with commercial

global scale will disrupt the traditional food supply chain, andplant factories in operation. Nextfood is looking for new clients,

calls for a rethinking of agriculture.

local franchisees and funding opportunities.

Nextfood has developed an indoor vertical farming solution

Company introduction video

that makes it possible to grow high-quality, flavorful food
locally, all year round. In a Nextfood farm, crops are grown inan aeroponic nutrient mist instead of soil, and cloud-based
AI software ensures automation and optimal environment forplant growth. Moreover, the vertical farm is extremely efficient:
the yield of a 1m2 Nextfood farm is comparable to 200 m2 of an
outdoor farm, requires 98% less water, saves more than 75% offertiliser and uses zero pesticides.

Primary contact:

The Nextfood farm can be scaled to meet different production

Rasmus Bjerngaard, Co-Founder & CEO

demands from supermarkets and restaurants to large plantrb@nextfood.co

factories. The vertical farming solution presents a huge

nextfood.co

potential for dense urban areas in Asia, where spaces can be
optimally utilized to secure food for growing populations.

				

COMPANYCountry:
Year of establishment:
Founders:
No. of employees:
Funding types:
Funding stage:

36

DATA
Denmark2017
Rasmus Bjerngaard,
Hannes Lindal
20-50
Private investors
Series A
37

USING AI FOR EARLY DETECTION OFDAMAGED ROAD SURFACES AND OTHERINFRASTRUCTURES

PLUTO TECHNOLOGIESPoor road maintenance leads to serious accidents andAmbitions in Japan:

increases fuel consumption of vehicles. While municipalities
spend a considerable amount of resources to ensure good road

Pluto Technologies is looking for distribution partners, funding,conditions, there is a huge potential to use digital technologies

and new ideas.

in the early detection of damages and streamlining of repair
operations.

Primary contact:

Pluto Technologies provides a smart road maintenance

Johan Bender, CEOmanagement solution. The core of the solution is an AI-

jb@pluto.page

integrated computer vision that automatically inspects paved

pluto.page

road surfaces from a smartphone mounted on the dashboard of				

COMPANYservice trucks like city sweepers during their daily services. The
data and videos are gathered into a cloud-based dashboard,

DATA

with which maintenance staff can make off-site assessments
and manage repairs. The solution enables timely road repair

Country:
Year of establishment:
Founders:
Revenue 2019 (EUR):
No. of employees:
Funding types:
Funding stage:
Accumulated investment:
Investors:
38

Denmark
2019
Johan Bender,
Jesper Henrichsen
0 (pre-revenue)
1-9
Bootstrapping / Grants
Seed
EUR 300k
Innovationsfonden,VækstFonden

and can prolong the life-span of roads by up to 30%, resulting
in savings of money and resources for municipalities.
Japan is a highly urbanised country with heavy traffic and an
extensive road network. In addition, climate change, natural
disasters, and severe weather can further shorten the lifespanof roads. Pluto Technologies’ solution can help Japanesemunicipalities to achieve significant savings.

39

PROVIDING A DIGITAL REAL ESTATE
PLATFORM THAT ENHANCESCUSTOMER EXPERIENCEPROCURAThe real estate process can be time-consuming, frustrating

Ambitions in Japan:

and require long negotiations between the parties involved.
Procura wants to investigate their market fit for the Japanese
Procura provides an online platform that enhances the real-

real estate market, and are looking for funding opportunities

estate process for both sellers and buyers. For sellers, theand new ideas.

platform offers a free self-check to generate a valuation
based on public listings and official purchase agreements forPrimary contact:

comparable assets before hiring a certified Procura agent.
For buyers, the platform aggregates all loan providers and

G.Andri Bergmann, CEO

their interest rates for a quick overview, making it easier togandri@procura.isplan finances and assess refinancing options. Moreover, theprocura.is

platform offers an online home for your home, where owners
can access all relevant information and documents related
to their property, upload relevant information and create amaintenance book that will follow the property, regardless ofchanges in ownership.
Procura is the largest online property service in Iceland andthe only platform to offer free access to market value of all				COMPANYDATACountry:
Year of establishment:
Founders:

residential properties in the country.
Revenue 2019 (EUR):
No. of employees:
Funding types:
Funding stage:
Accumulated investment:
40

Iceland2020
G.Andri Bergmann,Alex Kostin
0 (pre-revenue)
1-9
Bootstrapping
Seed
EUR 100k
41

TURNING BUILDINGS INTO LARGE SCALECARBON CAPTURE AND AIR PURIFICATIONSYSTEMSPURCITY
According to the WHO, air pollution causes over four million

Ambitions in Japan:

premature deaths every year, primarily in cities. With 68% of
the global population projected to live in urban areas by 2050,

PurCity has signed strategic partnership agreements in South

there is not only an urgent need to find ways of reducing air

Korea and Singapore. They see Japan as the next strategic

pollution, but also to actively capture carbon from air.

location to showcase their solution and expand into the Asianmarket, and are now looking for smart investment, distribution

PurCity has developed a patented, sustainable, and highly

partners, funding, new talents and R&D opportunities.

efficient self-cleaning air purification system called GapS, that
directly captures carbon dioxide and cleans air by turning new

Company introduction video

or existing buildings into large scale air purification systems.
The GapS system is capable of directly capturing 15-20 tons ofcarbon dioxide per building as well as helping to save 10-20%
energy consumption in the building annually.

				

COMPANYDATACountry:
Year of establishment:
Founders:

Revenue 2019 (EUR):
No. of employees:
Funding types:
Funding stage:
Accumulated investment:
42

PurCity’s technology presents an immense market potential
Denmark
2017
Morteza G. Eftekhar,
Nassim Bashokouh,
Mohammad Ghorbani Eftekhar
99,999 – 499,999
1-9
Bootstrapping / Grants
Seed
EUR 500k

in Japan’s densely populated urban centres, and presents
opportunities to expand into neighbouring countries.

Primary contact:
Morteza G. Eftekhar, Founder & CEO
mge@purcity.com
purcity.com

43

PROVIDING SMART PARKINGMANAGEMENT SOLUTIONS USING IoTTECHNOLOGYSENSADE
Many cities are struggling with parking problems, not due

Ambitions in Japan:

to a lack of vacant parking slots, but simply because drivers
don’t know where they can be found. Drivers often spend long

Sensade believes their solution can bring great value to thefrustrating hours roaming around town, adding to congestion.

dense and busy Asian urban environments, and they arelooking to connect with investors with knowledge on market

Sensade provides an IoT-based smart parking solution thatentry and scaling in Asia, as well as distribution partners andprovides real-time information about parking availability

clients.

across the city. Available parking spaces are displayed on LED
street signs that refer drivers directly to a free parking space.

Company introduction video

Stakeholders such as municipalities and private operators canview historical and real-time data on a dashboard, allowing
				for further analysis of parking patterns, and thus the ability to
optimize parking management. Moreover, the company offers

COMPANY

API solutions for hardware and software integration.
Sensade’s solution has a huge potential to optimise space
and time in dense and busy urban environments, ultimately

Primary contact:

mitigating traffic congestion and air pollution while improving
drivers’ experience.

Kenny Lafon, Co-Founder % COO
kenny@sensade.com
sensade.com

44

DATA

Country:
Year of establishment:
Founders:
Revenue 2019 (EUR):
No. of employees:
Funding types:
Funding stage:
Accumulated investment:
Investors:

Denmark
2017
Kenny Lafon,
Jens Korshøj, Thomas Olsen
10,000 - 99,999
1-9
Bootstrapping / Grants / AngelSeed
EUR 670k
Innovation Fund Denmark,
SEBC HOLDING45

PROVIDING SELF-DRIVING SOFTWARETHAT ENABLES OPERATION IN ALL
WEATHER CONDITIONSSENSIBLE 4
Self-driving vehicles rely on a system of sensory devices like

Ambitions in Japan:

cameras, radar, ultrasonic, and LiDAR, and sophisticatedsoftware that processes all the sensory input. However,In 2020, Sensible 4 secured a USD 7 million in Series A funding

adverse weather like heavy rain, snow and dense fog impedes

round from Japanese investors including Nordic Ninja VC andsensor performance, preventing year-round operation of

Itochu. They are currently holding their second Series A roundautonomous vehicles.

and looking for partners and investors to provide driverlessdriving software in 2022 and overseas market expansion with

Sensible 4 is the world’s leading provider of full-stack self-

a focus on Japan.

driving software. They have developed a unique self-driving
technology that operates safely and accurately even underCompany introduction video

challenging weather conditions and in areas with limited GPS
support, enabling the use of self-driving vehicles in a wider

				COMPANYDATACountry:
Year of establishment:
Founders:
Revenue 2020 (EUR):
No. of employees:
Funding types:
Funding stage:
Accumulated investment:
Investors:
46

range of regions and weather conditions.
The company has won multiple design awards, and conducted
Finland2017
Harri Santamala, Tommi Rimpiläinen,
Jari Saarinen, Jussi Suomela
1.7 million
50+
VC
Series A
EUR 10 million
Nordic Ninja VC, Itochu

successful pilots on public roads in the Nordics in collaboration
with MUJI and Toyota, and they are launching the world’s firstcommercial SAE Level 4 self-driving software DAWN in 2022.

Primary contact:

Sensible 4 takes self-driving technology from the pilot phase
to becoming a mainstream technology.

Tsuneki Kaiho, Business Development Director
tsuneki.kaiho@sensible4.fi
sensible4.fi

47

DEVELOPING BEAUTIFUL,ROOF TILE-INTEGRATED SOLAR PANELSSOLARSTONE
Conventional solar panels mounted on top of roof tiles may be a

Ambitions in Japan:

great source of clean energy, but are rarely nice to look at, andrelatively expensive to install.

The growing Japanese solar roofing market presents a great
opportunity for Solarstone, and they are looking for distribution

Solarstone has developed building-integrated solar panels

partners, clients, funding, acquisition and new ideas.

that act as both roof tiles and PV modules. The Solarstone
panels are durable and robust, yet beautifully designed so that

Company introduction video

they do not compromise the aesthetics of a given building.
The panels are directly mounted onto the building frame,
thereby saving roofing material and weight on the roof, which
is a huge advantage in Japan where heavy roofs may lead tocatastrophic consequences in case of an earthquake.
				Having supplied solar panels to over 450 buildings in Northern
Europe, the company is quickly attracting interest acrossPrimary contact:

Europe. Solarstone’s solar panels may appeal strongly todesign-conscious consumers and drive adoption of solar

Tarvo Kärgenberg, Business Director

panels in Japanese homes.

tarvo@solarstone.ee
solarstone.ee

COMPANYDATACountry:
Year of establishment:
Founders:
Revenue 2019 (EUR):
No. of employees:
Funding types:
Funding stage:
Accumulated investment:
Investors:

48

Estonia
2015
Silver Aednik, Mattis Jürimäe,
Mait Kukk
500,000 +
20-49
Angel
Series A
EUR 500k
Sunly49

DEVELOPING A SMART WINDOW WITH
HIGH THERMAL MASSSOLARTES
Many countries are increasing their efforts to reduce energy

Ambitions in Japan:

consumption in buildings. In Japan, the revised Building Energy
Conservation Law came into full effect in April 2021, further

Solartes is looking for funding, R&D, and new ideas.

driving the demand for high-performance building materials.
Primary contact:
Solartes is developing an innovative window technology basedon a smart material that captures and stores energy from theAnna Hofmann, CEO

sun during the day and releases heat after sunset, reducing

anna.hofmann@solartes.se

energy consumption and temperature fluctuations in buildings.

www.solartes.se

The Solartes material comes in the form of a thin transparent
panel that is light and mechanically robust, can be produced
				

COMPANY

in any shape, and is therefore suitable for various uses. Overthe course of one day, a 4mm thin transparent Solartes panel

DATA

will store as much thermal energy as a 2.5 cm thick wall ofconcrete.

Country:
Year of establishment:
Founders:

Revenue 2019 (EUR):
No. of employees:
Funding types:
Funding stage:
Accumulated investment:
Investors:
50

Sweden2020
Anna Hofmann,
Kasper Moth-Poulsen,Peter Sellei
0 (pre-revenue)
1-9
Grants
Pre-seed
EUR 30k
Chalmers Ventures

The material’s unique thermal properties and high transparency
allows for an increased flexibility in facade design to bringin more daylight. Therefore, the company has an immense
potential to accelerate renewable energy transition andsignificantly enhance occupants’ well being.

51

USING CROWDSOURCING ANDAI TECHNOLOGIES TO
SAVE LIVES IN TRAFFIC

SUPERVAISOR
According to the WHO, road traffic accidents are the biggest

Ambitions in Japan:cause of death for young people, and accounts for 3% loss of
GDP in most developed countries. Traffic law enforcement is

The founder has lived in Tokyo, and the company has received

expensive and inefficient, and current insurance approaches

funding from five Japanese investors including Shin Iwata

have only had limited impacts on driver behaviour.

from Miraise VC. Given that the company feels a special
connection to the country, they are actively exploring strategic

Supervaisor is the world’s first DeepTech startup that focusespartnerships and funding opportunities.

on signals of dangerous driving behaviour. Having alreadycrowdsourced and analysed over a quarter million traffic videos,Company introduction video

the company seeks to improve traffic safety by integrating their
AI into a wide range of applications such as mapping risk areas,

COMPANYtraffic counting, law enforcement support, providing fleet
offence statistics, accident scene driveby videos, and offeringrisk signal APIs for insurance providers.
Moreover, the company has developed IP solutions to advancethe use of machine learning for urbantech in privacy sensitive

Primary contact:

contexts, allowing the processing of a growing stream of both
crowdsourced and edge device videos without infringing on

Silver Keskkula, Founderindividual privacy.

silver@supervaisor.com
www.supervaisor.com

52

				

DATA

Country:
Year of establishment:
Founder:
Revenue 2019 (EUR):
No. of employees:
Funding types:
Funding stage:
Accumulated investment:
Investors:

Estonia2018
Silver Keskkula
0 (pre-revenue)
1-9
Angel
Pre-seed
EUR 1.3 million
Jaan Tallinn,
Taavet Hinrikus,
Sten Tamkivi,
Taavi Kotka,
Shin Iwata (Miraise VC),David Rowan and others
53

USING IoT TO ENSURE SMARTER SPACE
AND RESOURCE MANAGEMENT IN SHOPSAND OFFICE SPACESUBIQISENSE
Property owners and facility managers often lack insight into

Ambitions in Japan:

their occupants’ behaviour, resulting in lower productivity,
higher utility bills, and inefficient use of space.

Ubiqisense is looking for distribution partners, clients, funding,and new ideas.

Ubiqisense offers smart sensor and IP-camera solutions thatcollect and analyse occupants’ behavioral patterns and space

Company introduction video

usage data for office and shop environments. The solution
can be easily integrated into existing Building Management
Systems to optimise air conditioning, lighting, and resourceschedules according to real-time occupancy data, whileproviding an overview of space utilisation to make the mostof all floor areas. The solution can help building operators
make smarter decisions that improve energy efficiency,

				COMPANY

Revenue 2019 (EUR):
No. of employees:
Funding types:
Funding stage:
Accumulated investment:

Primary contact:sustainability efforts. For retailers, the solution may optimize

DATA

Country:
Year of establishment:
Founders:

54

occupant satisfaction and productivity, ultimately supporting

Denmark
2016
Per Eld Ibsen,
Palle Geltzer Dinesen
500,000 +1-9
Grants / AngelSeed
EUR 2.5 million

product displays and shelf designs to meet customer buying

Palle Geltzer Dinesen, CEO

needs.

palle.dinesen@ubiqisense.com
www.ubiqisense.com

High real estate costs in Japan makes Ubiqisense’s solution
highly relevant for the Japanese market. Using the same
technology, the company now offers social distancing solutions
to support a safe return to offices after the COVID-19 pandemic.

55

PROVIDING A CONSTRUCTION PROJECTMANAGEMENT PLATFORM BASED ON
THE LEAN CONSTRUCTION PRINCIPLESVISILEAN
According to a McKinsey report, productivity within construction

Ambitions in Japan:

has been stagnant or declining in Japan and other advanced
economies over the past 20 years. Many construction firms

VisiLean is already being used in the UK, Ireland, Middle East,

have adopted BIM (Building Information Modelling) to improveIndia and USA. Now they are looking to expand to Japan. They

efficiency, but are struggling to realise its full potential in terms

are already in contact with two major Japanese constructionof increased efficiency.

companies, and are looking for new distribution partners,clients, and funding.

VisiLean has developed a cloud-based project management
platform that streamlines all aspects of construction projects

Company introduction video

based on the Lean principles, a methodology designed tomaximise productivity and minimise cost. The platform
improves efficiency and enables a holistic digital transformation				of contractors and subcontractors.

COMPANYDATA

The platform digitalises the entire construction project life
cycle, making it possible for all stakeholders – contractors,
clients, consultants and designers – to connect throughPrimary contact:

desktop browsers and mobile apps, and visually manage and56

track the project. VisiLean integrates the entire value chain,

Bhargav Dave, CEOfrom how things are built to what is being built, so the plan andbhargav@visilean.com

the actual progress can be easily visualised.

visilean.com

Country:
Year of establishment:
Founders:
Revenue 2020 (EUR):
No. of employees:
Funding types:
Funding stage:
Accumulated investment:
Investors:

Finland2015
Bhargav Dave, Stefan Boddy,
Martin Zilliacus
100,000 - 499,999
20-49
Bootstrapping / Grants / AngelSeed
EUR 1 million
Relab, Garu Investments,
Business Finland
57

PROVIDING CUTTING EDGE VR, AR, AND
XR EXPERIENCES FOR THE URBAN SPACEZOAN
According to a report by VnyZ Research, the AR and VR market

Ambitions in Japan:

will see a 48.8% growth in the next four years, reaching USD
161.1 billion in revenue by 2025. Many industries have realised

ZOAN sees robust growth in the Japanese VR/AR 3D market,

the huge potential of this technology to create powerful

and identifies the country as the key market to start theirexperiences.

expansion into the Asia Pacific region. They seek companies
who can assist in generating new platforms and new business

ZOAN is an award-winning visualisation studio that createsconcepts in the VR/AR industry, as well as funding, acquisition

high-quality VR experiences using real-time 3D modelling

opportunities and new talents.

technologies. Their hyper-realistic visualisation solution
provides a fast and cost-effective way to create immersive

Company introduction video

experiences for a wide range of applications such as real estatemarketing, virtual tourism, and virtual prototyping of urban
designs. In addition, the company enables virtual concerts,

				

COMPANYDATACountry:
Year of establishment:
Founders:

Revenue 2019 (EUR):
No. of employees:
Funding types:
Funding stage:
58

connecting fans around the world during pandemic lockdowns.
Over the past 10 years, ZOAN has delivered projects for clients
Finland2010
Miikka Rosendahl,
Pauli Kangasniemi,
Laura Olin
500,000 +above 100
Friends & family
Series A

such as Finnair and Warner Music. Recently they launched
Virtual Helsinki, a virtual twin of the Finnish capital, which has

Primary contact:

attracted interest across the industry.
Paul Yang, President Japan

In 2020, Deloitte listed ZOAN as one of Finland’s 50 fastest

paul.yang@zoan.fi

growing technology companies.

zoan.fi

59

SMART

CITY

&

COVID

RESILIENCE

Each year IMD Singapore publishes a smart city index,
ranking more than a hundred urban areas according
to their technological provisions within health, safety,
mobility, activities, opportunities and governance.
In 2020, three Nordic capitals ranked in the top 10:
Helsinki at #2, Oslo at #5, and Copenhagen at #6.
With more than 95% of all reported COVID-19 cases
being recorded in urban areas, the 2020 index alsooffers key insights into the role of technology during
a pandemic. Incidentally, the same three Nordic
countries ranked in the top 10 (Finland #6, Norway #7,
Denmark #8) in terms of handling the pandemic withthe least social and economic disruption, surpassed
only by New Zealand and Australia, Israel, Singapore,and South Korea, according to Bloomberg’s COVID
resilience index.
Undoubtedly, governance, geography and priorexperience also affected COVID resilience. However,smart city technologies can help cities’ provision for
critical services and enable citizens to seamlessly
carry on their interactions during a lockdown.
60

61

ICELANDNORDIC URBANTECH& SMART CITY HUBS

1

Nordic Smart City Network

2

Nordic Edge

3

Innoasis4

BLOXHUB

5

Urbantech Accelerator

6

PropTech Denmark

7

H22

8

Smart City Sweden

9

Tallinnovation

10

KiraHub

11

Urban Tech Helsinki

12

PropTech Finland

FINLANDSWEDENNORWAY

10 11
8
2

12

3
9

ESTONIA62

PAN-NORDIC

DENMARK 7

1

6

4

5

63

STAKEHOLDER OVERVIEW

PAN-NORDIC
1

ORGANISATION

Nordic Smart City Network

COPENHAGEN
4BLOXHUBHELSINGBORG7

H22

HELSINKI
10

A collaborative initiative funded by Nordic Innovation

Denmark’s main hub and co-working space for urban

An initiative by the city of Helsingborg for improving

A non-profit association providing a platform for learn-facilitating the pan-Nordic efforts towards creating

development. BLOXHUB is an ecosystem unto itself,

quality of life and creating a smarter and more sustain-

ing, knowledge sharing, and networking across thehealthy, livable and sustainable cities. At present, theserving as a home to over 400 companies, organisa-

able city. H22 is also organizing the City Expo in 2022.

Finnish real estate and construction ecosystems.

network unites 21 cities across five Nordic countries.

tions, research institutions and public bodies.

STOCKHOLMSTAVANGER
2

5

located in the city of Stavanger, offering a wide rangeof mentoring, piloting and accelerator programmes.

6

PropTech Denmark
A non-profit cluster organisation with more than 100

formation and early growth of research-oriented Urbantech companies.

den and other countries within sustainable urban development.

Realdania and Industriens Fond.

TALLINN
9

Tallinnovation

members, dedicated to gathering and nurturing the

A smart city competition organised by the city of Tallinn

Danish real estate and Proptech ecosystem.

and Science Park Tehnopol, providing testing grounds

A startup incubator operated by the City of Helsinki
and Aalto University, supporting and accelerating thecated to strengthening the cooperation between Swe-with major Danish corporations and with support fromsmart city solutions.

Smart City Sweden

Urban Tech Helsinki  
11

A state-funded smart city platform organisation, dedi-

HUB, offering piloting opportunities in collaboration

municipalities and city administrations to promote

A Nordic Edge smart city cluster and co-working space8

program powered by Rainmaking and based in BLOX-

working in close collaboration with private companies,

Innoasis

Urbantech Accelerator
A non-equity Urbantech accelerator and innovation

Nordic Edge
Norway’s official non-profit, smart city organisation

3

KiraHub

12

PropTech Finland
A cluster organisation building a network within the
Finnish real estate and construction innovation andconnecting growth companies and potential clients.

and business support for startups and their new innovative solutions.

64

65

This report has been developed by

In a collaboration between

With support from

Asia House
66|

Indiakaj 16, Copenhagen|www.innovationlabasia.dk|

hello@innovationlabasia.dk