Bio-Me takes part in Katapult Accelerator

After a globally competitive process spanning two months, Bio-Me was selected as one of twelve companies to be part of Katapult Accelerator (KA) Batch 3. The twelve exponential technology startups were selected from over 1,500 companies from around the world, to participate in KA’s three-month accelerator program.

From August to November 2018, Bio-Me will partake in a dynamic, hands-on program to help scale their business and increase their impact. KA provides a network of global investors and partnerships that can boost the startups into their next phase of development, specific to their growing needs.

As part of the accelerator program, The Katapult Accelerator Fund invests USD 150,000 in Bio-Me for an equity stake. Katapult Accelerator’s wide-ranging partner network includes PWC, Danske Bank, Amazon Web Services, IBM, Google and Microsoft.

At the end of the program, the startups will have refined their vision, strategy, impact orientation, technology application, growth marketing, and business model. A unique element in the Katapult Accelerator is the focus on team ‘body and brain’ improvement, to further enable the startups to build on their greatest asset; their mission-driven team.

“It is an honor to be selected as one of a handful of global companies to be part of the Katapult Accelerator program”,comments Dr. Morten Isaksen, Founder and CEO of Bio-Me. “The program will provide important commercial and marketing experience to the company and prepare us for further growth as well as access to a wide network of potential investors”, concludes Dr. Isaksen.

About Katapult Accelerator:

Katapult Accelerator is a global accelerator that aims to fast-track solutions to global problems within​both environmental and societal domains. It supports startups that can address these problems with exponential technologies, particularly artificial intelligence, blockchain, virtual reality, augmented reality, and applications of the internet of things. Katapult Accelerator was awarded “The Best Accelerator Program” at the Nordic Startup Awards in 2018.