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CanaryBit´s participation in the REACH Incubator Program

Reference number
Coordinator Canary Bit AB
Funding from Vinnova SEK 91 196
Project duration November 2024 - April 2025
Status Completed
Venture Acceleration

Important results from the project

The main objective of this project was to support CanaryBit´s participation in the REACH program. This objective was fully achieved. CanaryBit founders participated in the entire program, including the final two-week visit to Palo Alto. Additional achieved objectives: - Strengthen and expand CanaryBit´s network in Silicon Valley; - Explore opportunities for future expansion into the North American market; - Improve CanaryBits strategy using feedback from mentors within the REACH program.

Expected long term effects

Participating in the program provided a tangible boost to CanaryBit´s work. The interaction with the REACH mentors allowed us to question and rethink our approach to developing CanaryBit.

Approach and implementation

The program was well-structured, especially considering the challenges of the time difference. There was a well-balanced mix of vertical and horizontal mentoring sessions, with a manageable schedule. The participating teams collaborated well and provided each other with constructive feedback.

External links

The project description has been provided by the project members themselves and the text has not been looked at by our editors.

Last updated 6 June 2025

Reference number 2024-03832