Seven startups selected to join Tenity incubator in the Nordics

Tenity announces the selection of 7 ambitious early-stage startups for the second edition of its Incubation Program in the Nordics region, with Tallinn (Estonia) as a base.

The cohort includes solutions for Fintech and Insurtech, using Web3, Blockchain and AI. Furthermore, since Tenity Nordics focus a bit extra on climate fintech, four of the startups have solutions addressing sustainability and impact issues.

The startups will receive an initial EUR 50k investment from the Tenity Incubation Fund II.

The second edition of the Tenity Incubation Program of our Nordics hub kicked off this week in Tallinn, with a cohort of 7 exciting startups selected from more than 130 applications. During the 4-month rigorous program, the startups will receive training, coaching, and mentoring from Tenity’s experienced team of experts. Furthermore, the startups with a focus on impact, sustainability, and climate fintech solutions, will have custom breakout sessions to address specific challenges and opportunities in the Nordics & Baltics region.
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Anders Norlin, Head of Nordics & Baltics at Tenity commented:
"The region of the Nordics & Baltics all have very thriving startup ecosystems, where Stockholm probably is the most developed in terms of VC capital invested, and number of unicorns with international recognition. However, as Estonia is a young nation, without any legacy industries, the whole society, from government level to universities, is very focused in stimulating, and supporting startups. And for any early-stage startup coming to Tallinn, as in our incubation programs, the environment for connecting with all relevant stakeholders, is unique.”

Maximilian Derpa, CIO of Tenity added:
“Our second program in the Nordics leverages a powerful location and program. We have seen a strong pull effect of companies across Europe and welcome an outstanding selection of startups.”
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Applications are now open for Incubation Batch 3 in the Nordic, Batch 7 in Singapore, and Batch 12 in Switzerland.

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