TOOL and The Explorer cooperate to identify international entrepreneurs who want to work with Norwegian companies. Here are three of the most exciting ones right now.
“We work with over 100 partner companies in 17 countries,” says Birgit Liodden, CEO at The Ocean Opportunity Lab (TOOL).
TOOL is a “floating lab” for ocean industries and the broader tech community. It uses its extensive network to connect international companies with greentech providers in Norway.
The Explorer has joined forces with TOOL to stimulate links between international and Norwegian companies.
“Our partners range from Canada’s national ocean cluster to small, independent players. But they all work with ocean industries, renewables, or other sustainable solutions,” says Liodden.
Three of TOOL’s most exciting international partners are Eco Wave Partner, Aqua AI, and SeaChange. Here, you can read more about what they are looking for in a Norwegian partner.
Eco Wave Power is a Swedish-Israeli company listed on Nasdaq Stockholm. It has a patented technology for wave power, which was named one of Time magazine’s top 100 innovations in 2019.
The company was founded by Inna Braverman, a Chernobyl survivor who has been named in Fast Company’s annual list of the most creative people in business.
Eco Wave Power is looking for Norwegian partners for wave power, especially with an eye to bringing its wave breaker technology into new areas of business.
US-based Aquaai has developed a “robot fish”, which helps to monitor fish farms and other subsea installations. It can improve fish welfare by helping companies to make better decisions based on more comprehensive data.
Aquaai is looking for Norwegian partners for implementing its AI drone in aquaculture, ocean monitoring and other settings.
SeaChange is an American company that works to remove plastics from the ocean. It has developed a new technology that breaks down the molecular structure of plastics at temperatures up to 1 000 °C.
The technology is installed onboard ships and converts plastic waste to hydrogen and to a non-toxic glass material.
SeaChange is looking for Norwegian ships that are interested in implementing its technology.
On Wednesday 23 September, Norwegian prime minister Erna Solberg is present when TOOL launches TOOL Spawn, a bottom-up initiative for promoting early-stage start-ups.
Eco Wave Power, Aquaai and SeaChange are among the companies on TOOL Spawn, alongside a myriad of others, from Norway and abroad.
“Companies from around the world want to work with Norwegian businesses because Norway is a world-leader in ocean industries – and because Norwegian companies are both trustworthy and innovative,” says Liodden.
“We have to make sure that new, Norwegian companies are seen and heard. Both TOOL and The Explorer are doing an invaluable job here.”