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20 Latvia-based startups to present their ideas to international investors at Slush

BC, Riga, 23.11.2018.Print version
20 Latvia-based startups have been selected that will meet with international investors during the matchmaking breakfast at one of the world's leading startup events, happening in Helsinki, on December 5 - Slush 2018. As one of the biggest startup event in the region, this year Slush is bringing together more than 1800 investors, including VCs, angel investors, CVCs, and LPs from all around the world. The matchmaking breakfast with investors is organized by Magnetic Latvia Startup in partnership with TechChill Foundation, BC informed TechChill representative.

The matchmaking breakfast at Slush will host 20 Latvia-based startups interested in investor funding and establishing international business contacts, and 40 international investors who are interested in getting acquainted with startup ideas and funding opportunities in Latvia. Latvian startup ecosystem has a lot to offer, and TechChill and Magnetic Latvia Startup are looking for more options to support innovative ideas and the founders behind them, attracting the necessary investors and funding, as well as putting local entrepreneurs on the world's map.


Twenty teams that will meet with investors at matchmaking breakfast during the second day of the Slush have been selected: OROCON, a cloud-based site solution to help complex site management organize stored and used information for projects, Aerones, a heavy-lift drone, used to clean windmills or high-altitude buildings, Advangrid, a system focusing on client’s electricity grid monitoring to provide clients with electricity efficiency action plans, FinanceFlow, creating a solution that shows rentability for projects, employees, and customers, CastPrint, a medical 3D cast platform for clinics to offer more effective rehabilitation, Solfeg.io, an online app that helps learning music by playing well-known songs, Files.fm, a company that builds easy to use and innovative software products for file storage applications, Telemedicine Ltd, a telemedicine services for the clinics, hospitals and health centers, Efectio Hotel Sleeps a deep sleep room, including modern sleep tracking devices and specially adapted room to provide the client with the most qualitative relaxation, QRsignal, an online platform where office managers offer equipment and facilities to tenants with QR codes, buldozer.rent a B2B Marketplace for construction equipment rental, electo.online a system that helps broadcasters easily interact with their target audience, Coffee Pixels a coffee made into small chocolate-like coffee bars for healthier and more sustainable lifestyle, UNIQCUBE, an online designer tool that helps to create custom lamps, Vigobot, a digital assistant for stroke survivors, offering more effective rehabilitation, SIZZAPP a system that collects and processes data of the vehicle and its usage, Azzurrotrip a customized travel engine for creating independent trips, using the experience of locals and AI, MAZZY, an IoT product that reads energy meter data, providing asset and environment tracking with GSM network, Scan & Buy a solution that helps retailers place information about product and generates unique QR code for each item, FabControl, a software for 3D production.


The goal of the matchmaking breakfast is to support Latvian startups by introducing them to international investors and establishing new business contacts. The matchmaking breakfast will take its place at the Slush's venue, the conference center Messukeskus in Helsinki, on December 5 at 8:30-11:00 am. TechChill has already reached out to investors and is coordinating the 15-minute meeting schedule.

 

Slush is one of the leading region's startup events, built by entrepreneurs for entrepreneurs, and a major opportunity to reach the global audience, engage with the tech community and like-minded people in Helsinki. In 2017, the event hosted more than 20 000 attendees from over 130 countries, including 2600 startups and 1600 investors, who among them pre-booked around 10 000 investor-startup meetings during the 2 days of Slush. The attendees include also potential partners, employees, corporations and 600 journalists to discuss the world of technologies and offer opportunities for startups to succeed.

 

TechChill, the non-profit organization dedicated to supporting the Baltic startup community, and Magnetic Latvia Startup, organization that operates under the Investment and Development Agency of Latvia (LIAA), and aspires to become a one-stop-shop for Latvia-based startups, providing a range of government startup support mechanisms, are teaming up to host the matchmaking breakfast for Latvian startups and international investors at the world's leading startup event in Helsinki - Slush 2018. The last year was the start of the great opportunity and tradition - not only the Latvian government brought a stand to Slush to tell more about Latvian startup ecosystem, but there was also a stage-hosted event, a breakfast for investors and media to discuss the advantages of setting up the startup in Latvia. This year, the organizers are continuing the tradition, but focusing more on a format aimed at delivering the most value to ambitious startups who need it the most.






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