And the winner is …

The Norwegian University of Science and Technology (NTNU) Student Investor Day was set up to connect future founders with relevant investors. The goal is to commercialize tech research coming out of NTNU.

Last week, 11 student-run startups went head-to-head in a live pitch competition judged by investment professionals from Investinor and other leading venture capitalist firms. Afterward, participating startups speed-dated investors before the best startup in three different categories was announced.

“Participating in the pitching events like this gives us a great opportunity to spot some bright founders and ideas early on and give feedback from the investor perspective,” says Kirill Tkachenko, Junior Associate at Investinor.

His colleagues Torjus B. Falkanger and Johann B. Wist added:

“The quality of the business ideas was impressive. These student-led startups have the potential to make a truly meaningful impact. We wish them every success for the future.”

Stian Kvaran Bongard with NTNU School of Entrepreneurship comments:

“Having major VC firms such as Investinor, Momentum, and Viking Venture judge these events is not only inspiring to students but also an educational experience. The VCs can communicate their expectations directly to young and aspiring entrepreneurs, which help develop both the students’ business acumen and the innovation ecosystem here at NTNU.”

The award for both best business plan and most sustainable startup went to Enernite. The company has developed a platform that helps accelerate renewable energy investments in emerging markets.

The award for the best business concept was presented to Aviant, which has developed a drone service that enables autonomous transport of cargo between medical facilities.

Congratulations!