Dimeq Enters Prestigious Techstars Programme

Dimeq, a start-up company and a member of GCE Ocean Technology, has been selected as one of ten start-up companies among hundreds of applicants from 44 countries to partake in the prestigious accelerator programme Techstars Energy.

This year the Equinor and Techstar's accelerator programme will be implemented digitally for the first time. Ten start-up companies will be assisted by over 100 mentors for three months.

Dimeq has developed a product that exceeds the effectiveness of existing QHSSE tools and equipment being used on board vessels and offshore installations, by improving the supervision and monitoring of all on board personnel.

The company is one of the ten companies selected for this year’s programme.

Just the mere opportunity to get mentors from Equinor, Kongsberg Maritime and Capgemini is mind bending, however, getting a potential deal with any of them is just mind blowing and beyond, Ronny Bakke, CEO and Founder of Dimeq.

The World’s Most Exciting Startups

– Our story with Techstars started a while ago says Ronny Bakke, CEO and Founder of Dimeq. One of the companies which Equinor and the Techstar’s programme refer to as one of the ten most exciting startups in the world.

– We were contacted by the director of Techstars EPS (Eastern Pacific Shipping), in Singapore where we reached the final, but were not selected as one of the 10 companies to join at that point.

– Later that fall, we were encouraged to apply for the Techstars Energy programme. We applied and after several meetings, due diligence, and thorough meetings with Techstars staff, we decided that this was the right place and the right time to do this. It does not come cheap though, says Bakke.

Dimeq spent a great deal of time analysing their technology and considering their company’s maturity before they accepted to enter.

- It is not just the size of the whole thing, it’s the potential outcomes, the rights mentors, knowledge and what is very important; potential financing for our last round before hitting the market in Q4 this year. Just the mere opportunity to get mentors from Equinor, Kongsberg Maritime and Capgemini is mind bending, however, getting a potential deal with any of them is just mind blowing and beyond, Bakke exclaims.

– Our whole team is very grateful to Techstars for their open communication, help and support during the whole process, and making us feel Stars, TechStars by joining this programme. I will personally make sure they won’t regret choosing us after the hard time we gave them, by performing as they expect us to, like TechStars! (Special thanks to Audun & Hugh).

Nail it – Scale it

Dimeq is currently in the final stages of our intensive growth programme 100ScaleUPs; an immersive 12-week programme with insights from a world-class faculty from BI Norwegian Business School and Martin Trust Center for MIT Entrepreneurship in Boston, experienced business mentors, investors and peers.

– This is a knowledge-intensive programme, that I personally find very interesting and useful. We are probably the youngest company in the programme, however, the background of the mentors and professors, and the relevant information we are gathering at these five modules are crucial for our future growth, and the scaling strategy of our business, says Bakke.

The academic content of the MIT module of the ScaleUp-programme is based on the 24-step model of Disciplined Entrepreneurship led by serial entrepreneur Bill Aulet.

– We have adapted several strategy aspects inside our organization after almost every session we have had at 100ScaleUPs, so I highly recommend other cluster members to join this programme and I would especially like to extend my gratitude to GCE Ocean Technology for helping us with being accepted into the programme!, Bakke adds.

Why Cluster

Dimeq has been a member of GCE Ocean Technology since 2019.

– We have had a long relationship with GCE Ocean Technology. It is crystal clear that they have been part of our trip and our success, with their relevant events, information, financial support, and investor network nonetheless. I just sit here with a great gut feeling for being part of the cluster and for having taken this road with them. GCE Ocean Technology has not only helped with information and contacts, moreover, they have arranged relevant speed dates with really VIP people inside the maritime industry, that has given us great leads. A special thanks to Owe Hagesæther, Kai Stoltz, Jon Hellevang and the rest of the gang, Bakke ends.