Tor Bækkelund Email & Phone Number

Oslo, No

Oslo, Oslo, No

Sankt Hanshaugen, Oslo, No

Oslo, Oslo, No

Oslo, No

Fornebu, No

The world is changing. To meet the future and to have a future – industry and commerce world wide need to come together to make the transition to a sustainable future.The Big change needs big thinking, which is exactly why we created a brand new entrepreneurial space and an Investment Fund where ambitious founders can grow and succeed – faster.

NTNU Discovery (https://ntnudiscovery.no/en) is an initiative to support good ideas from employees and students at NTNU/Helse Midt-Norge. NTNU discovery provides financial support early in the process when no one else is willing to step in.

Oslo, No

PROGSeed is a pre-seed stage investment company with some friends. Not active, but have a few investments from 2010-2013. PROGSeed coinvested with StartupLab (www.startuplab.no), an IT and Tech startup incubator in Norway.

Oslo, No

Oslo, Oslo, No

StartupLab is the premier Nordic tech investor/incubator/accelerator having worked actively with more than 400 tech startups since started in 2012. The investments are backed by Norwegian entrepreneurs and StartupLab is typically the first investor helping the companies in its early phase. Until I left we’ve invested in 110 tech startups which has grown to a market cap over 50 billion NOK. Some companies from StartupLab are; reMarkable, Huddly, Attensi, Dragonbox, Ardoq, Sensibel, OncoImmunity, Oivi, Kahoot, NoIsolation, Vivaldi, Poio, Exabel, Imerso, Tunable, Intelecy, Hold, EDinsight.We invest up to USD 250k per company. Our approach is early entry and early exit, usually at seed or series A round. Our focus is primarily on technology and research related projects. Some of Norway's most brilliant minds are assosiated with Oslo Science Center. Appr. 2500 people and 250 companies have their workplace there. Birthplace of several successful technology startups; Axis-Shield, Chipcon (acquired by Texas Instruments) and Zoomit/Kelkoo (acquired by Yahoo)

Oslo, Oslo, No

Co-founder and owner of StartupLab together with Rolf Assev, Per Einar Dybvik & Alexander Woxen. Responsible of building the investment arm and its activity within StartupLab, starting in 2012. Launching the first fund of four (the Norwegian Founders Fund) in 2013. Raised last fund prior to leaving in 2021. Active co-owner and board members for the period. Decided to take a next step outside StartupLab, but still partially active owner

Oslo, Oslo, No

Supported the team and the CEO, as a board observer, to build the company from our co-investment with SINTEF at the very start of the company. Left the position as a consequence of leaving StartupLab and it investment arm.

Oslo, Oslo, No

Board observer to support & help the founders of Sensible (SINTEF and key team)n in their global ambitions building worlds smallest microphone using MEMS technology. Left the position as a consequence of leaving StartupLab and it investment arm.

Oslo, No

Board observer to support the founders of Tunable in their global ambition building worlds first utraflexible gass sensor. Left the position as a consequence of leaving StartupLab and it investment arm.

Fornebu, Viken, No

Served as a Board observer to support the company and it's long term investors (among those Stratel & IFE) with capital as well as a funding strategy, closing a substantial round (10x+ more than initial need and idea) ... I did not close it, ABSG did - thanks to their believe in the Hydrogen case well ahead fo the rest of the market. Closed AP venture and Nysnø as well as Mira Creation Fund (Honda) signing the days before covid closed Norway in March 2020. Left the position with new investors coming into the board. Way to go ZEG!

Oslo, Oslo, No

Zwipe is an early stage company which has received several awards for it's unique idea and technology. The company develops a one of a kind fingerprint card solution for the banking and access industry.

Managed and concluded the sale of Hugin Group BV to Thomson Reuters (closing at 14th of October 2009) with good return.Initiated new product development structure and system using SCRUM and agile development. Delivery of new IT platform in 4th quarter in 2009.Finalized the integration of three companies owned by NYSE Euronext in 2007. New holding company established in the Netherlands.Initiated and concluded corporate build process covering build of corporate identity, brand idea, vision and missions.Quickly established new management team and strategies for 2007 and 2008. Operational strategy performance and long term strategies represent major business opportunities Organization has currently 13 offices in Europe employing 105 people. The company has a client base of more than 1700 blue chip companies spread across 27 countries, mainly in Europe. Established new sales new operations in Poland and Portugal in 2007.Successful integration concluded in 2007 while at the same time delivering substantial growth of 17% for the group Managed a major profit improvement for the group, a high client acquisition rate (a 70% increase since Dec. 06) and substantial increase in market share from 12,6% to over 21% over the same period.Hugin Group BV is the leading pan-European provider of online solutions for IR and PR professional. The SaaS solution help listed companies to fulfill regulatory requirement and promote their brands towards their targets audience around the globe. Hugin group was prior to the last transaction an international group with 12 offices in all major cities in Europe. Hugin has more than 1700 clients in 26 countries. Hugin was bought by NYSE Euronext in late 2006 and then recently sold to Thomson Reuters

Increased corporate value multiple times over the period. Sold the company to Euronext in December 2006. Initiated organic growth and M&A strategies. Bid for several companies. Bought a German PR distribution business. Increased client based from 450 to 1200.Initiated and implemented new ERP and IT system. New management team. CAGR over the period about 18% on Gross revenue and 20+% on Net.Company had 9 fully owned subsidiaries in Europe.

Initiated, planned and executed the re-engineering and relocation of US operation.Managed division to a 60% organic growth and substantial profit improvements.Improved end-used satisfaction level, service concepts and tools.Increase customer base with 200% and grew major partnerships for future sucess.Solved major liability issues and product problems.Managed Sales, marketing, product development, technical service, logistics and R&D

Stockholm, Se

Managed production, product management, R&D, purchasing and production technology for the business unit. Unit consisted of 200 people and had around 380 M NOK in turnover.Initiated, planned and managed re-engineering of the manufacturing in Norway targeting a 35% cost reduction.

Stockholm, Se

Improved production processes, reorganized tech team

Kværner Energy was a subsidiary of Kværner ASA. Held varios management positions such as Deputy Project Manager for a delivery of a Multiscale hydro power plant to China, Senior Engineer optimizing mutiple 3D fluid flow programs

Sep70 Alumni, Senior Executive Programme

Industrial And Product Design

Master Of Engineering (Meng), Engineering/Industrial Management